Introduction
The N.L. Dalmia Institute of Management Studies and Research (NDIMSR) has seen its academic batch of 2021–2023, which comprises of 296 students, bag good summer internship opportunities in various reputed organizations. Being a B-school, it is famous for Finance, wherein one can safely expect a much higher number of placement opportunities when compared to HR and Marketing. NDIMSR, on their official website, has bifurcated all the internship-related information of their entire batch into three parts: Finance, Marketing, and HR. This information includes the batch profile and size; work experience split; average and highest stipend per month; top recruiting companies; and the respective sectors they belong to.
Finance batch
Batch size: With a total batch size of 191, there are 107 male and 84 female students. Out of which 118 of them are fresher, when it comes to work experience and 18 have worked for less than a year prior to their MBA journey, whereas 55 have an experience of more than a year.
Stipend & sectors: While the monthly average stipend ranges up to INR 10,000, the highest amount went around 1,08,000. The recruiters belonged to multiple sectors such as BFSI, Consulting, Fintech, FMCG, etc.
Q: Is NL Dalmia PGDM worth the money? What is the value of its degree in the market? Will I be able to get placement with PGDM from NL Dalmia?
Q: Is it worth pursing MBA in Finance course from NL Dalmia College?
The institute has concluded its 2023 placement drive. According to the placement report 2023, the highest package offered during NL Dalmia placements 2023 stood at INR 25.50 LPA. Further, the NL Dalmia average package offered to the top 10% of students was INR 14.35 LPA. Financial Services sector emerged as the top recruiting sector with 51 students placed. The institute has maintained an excellent track record as recruiters notice the potential in students and the value they can bring to their companies.
Q: Does NL Dalmia Institute of Management offers summer placements?
Yes, NL Dalmia Institute of Management Studies and Research offers summer placements to its students annually. In 2023, the highest stipend offered to Finance department stood at INR 1.08 lakh per month. For Marketing and HR department, the highest stipend offered was INR 25000 per month. Check the below table to know the NL Dalmia summer placements for the 2021-23 batch:
Departments | Highest Stipend | Average Stipend |
---|---|---|
Finance | INR 1.08 per month | INR 10,000 per month |
Marketing | INR 25,000 per month | INR 7,000 per month |
HR | INR 25,000 per month | INR 6,800 per month |
Recruiters’ list: Some of the top recruiting companies that participated in the recruitment drive are as follows: ICICI Bank, Bloomberg, TCS, DCB Bank, Crisil, etc.
Marketing batch
Batch size: With a relative smaller batch size of 78, there are 44 male and 34 female students. In terms of work experience, 37 of them are freshers, 15 have worked for less than a year prior to their MBA journey, whereas 26 have an experience of more than a year.
Stipend & sectors: While the average stipend was INR 7,000 per month, the highest amount bagged was INR 25,000. The recruiters belonged to multiple sectors such as Market Research, IT, Real Estate, etc.
Recruiters’ list: Some of the elite companies that participated in the summer internship process are Dunzo, Burger King, Amul, Kalpataru, Britannia, to name a few.
HR batch
Batch size: With the smallest batch size of just 27, there are just 6 males as compared to 21 female students. While 13 students are freshers, 4 have worked for less than one year, and 10 have a work experience of more than a year.
Q: What is the average package for NL Dalmia PGDM?
NL Dalmia has released its PGDM placement report for 2023. According to the report, the highest package offered during NL Dalmia placements in 2023 stood at INR 25.50 LPA. Take a look at the below table depicting the NL Dalmia placement highlights of 2023:
Particulars | Placement Statistics (2023) |
---|---|
Highest package | INR 25.50 LPA |
Top 10% average package | INR 14.35 LPA |
Top 25% average package | INR 12.30 LPA |
Top 50% average package | INR 11.08 LPA |
Top 75% average package | INR 10.28 LPA |
Q: How are the placements at NL Dalmia?
NL Dalmia has a strong record of PGDM placements annually. NL Dalmia has released its PGDM placement report 2023. According to the report, the highest package offered during NL Dalmia placements in 2023 stood at INR 25.50 LPA. Further, the NL Dalmia average package offered to the top 10% of students was INR 14.35 LPA. The key highlights of NL Dalmia placements for the overall Class of 2023 are tabulated below:
Particulars | Placement Statistics (2023) |
---|---|
Highest package | INR 25.50 LPA |
Top 10% average package | INR 14.35 LPA |
Top 25% average package | INR 12.30 LPA |
Top 50% average package | INR 11.08 LPA |
Top 75% average package | INR 10.28 LPA |
Total recruiters | 300+ |
New recruiters | 46 |
Batch size | 300 |
Top recruiting sector | Financial Services |
Q: What are the sector-wise placements scenario during NL Dalmia placements?
According to the NL Dalmia placement report 2022, Financial Services emerged as the top recruiting sector with 36% of the students placed followed by Credit Rating Agencies with 13% and Banking and Insurance with 11%. Check the below pie graph to know the NL Dalmia sector-wise placements:
![NL Dalmia sector-wise placements](https://images.shiksha.com/mediadata/images/articles/1681721822phpuauDoI.jpeg)
Note: The “Others” category includes the sectors of Consultancy Firms, Research & Consultancy, FMCG & Retail and Media, Entertainment & E-commerce. The sector-wise placement rate recorded during NL Dalmia PGDM placements 2022 is also presented below:
Sectors | Placement Rate |
---|---|
Financial Services | 36% |
Credit Rating Agencies | 13% |
Banking & Insurance | 11% |
Fintech | 9% |
Logistics | 6% |
Consultancy Firms | 5% |
Research & Consultancy | 5% |
FMCG & Retail | 5% |
Media, Entertainment & E-commerce | 5% |
Others | 5% |
Q: Has NL Dalmia collaborated with any industry or organisation?
Nowadays a lot of universities have collaborated with other organisations and industries to broaden the knowledge of the students by arranging guest lectures and faculty exchange programmes. NL Dalmia has collaborated with various industries, universities, and colleges. For this, the college has signed MoUs with several companies and institutes. Below mentioned is a list of several NL Dalmia collaborations:
NL Dalmia collaborations | ||
---|---|---|
University of Virginia Tech, USA | SELC, Vancouver, Canada |
Q: What are the career options after PGDM from NL Dalmia?
PGDM course is popular among Management aspirants for its lucrative career opportunities and acquisition of skills. The course aims to train students on practical and application of Management skills in the real world. Check below the job profiles available after completion of PGDM course from NL Dalmia:
- Sales Manager
- Public Relation Manager
- Brand Manager
- Market Researcher, etc.
Check here top MBA Colleges in Mumbai
Stipend & sectors: While the average stipend received was INR 6,800 per month, the highest stipend was INR 25,000. The recruiters belonged to multiple sectors such as Retail, Pharma, Ed.tech amongst others.
Recruiters’ list: Some of the elite companies that participated in the summer internship process are TATA Power, Aditya Birla Capital, L&T Realty among others.
Summer Internship Details of 2020-2022 & 2019-2021 batches
While the college hasn’t mentioned any details about the summer internship stipend for its previous two academic batches (2022 & 2021), it has mentioned that 87% of the recruiters were from BFSI background in 2020 while the 2021 batch saw 49% of the recruiters from BFSI and 27% from consulting sectors.
Conclusion
For someone who wishes to pursue Finance in N.L. Dalmia, the student can be rest assured of having a plethora of opportunities for summer internships, live projects, as well as final placements. With an average monthly stipend of approx. INR 8,000 offered across the three batches, students can learn and earn in some of the really good companies out there. NL Dalmia also traditionally sees a good mixture of recruiters from various backgrounds who prefer both freshers and experienced candidates alike. Hence, it is widely considered to be one of the best B-schools especially for Finance.
About the Author:
I am Abhishek Desai, and I'm an Welingkar alumnus of the 2018-2020 batch. I take keen interests in writing, reading, trekking, outdoor sports, and listening to music.
Note: The views expressed in this article are solely author’s own and do not reflect/represent those of Shiksha
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Student Forum
Answered a week ago
You can download the brochure for the PGDM in Finance programme at N. L. Dalmia Institute of Management Studies and Research (NLDIMSR) directly from their official website.
Once you're on the page, look for the option to download the brochure or request more information. This will provide you with
A
Contributor-Level 9
Answered 2 weeks ago
Indeed, NL Dalmia Institute of Management Studies and Research (NL Dalmia Mumbai) is regarded as a viable option for those who want to pursue an MBA, especially those who want to work in management. The institution provides a thorough MBA programme that is highly acclaimed for its industry contacts,
N
Contributor-Level 10
Answered 3 weeks ago
NL Dalmia offers admission to PhD programme based on UGC NET Including JRF score. Aspirants without a score in any of the accepted entrance exam can appear for PET conducted by the University of Mumbai. Once selected, candidates have to appear for a selection interview by the panel of interviewers a
N
Contributor-Level 10
Answered 3 weeks ago
Candidates must pass PG examination of University of Mumbai with at least 55% aggregate (or a B grade, where grades are awarded) to apply for NL Dalmia PhD programme. Besides, candidates must also have a valid score in UGC-NET for admission. Aspirants can also appear for PET conducted by the Univer
N
Contributor-Level 10
Answered 3 weeks ago
NL Dalmia offers Merit-Based Scholarships to students. The students are shortlisted based on entrance exam results, critical thinking round, PI round, past academic records and work experience. The scholarship is awarded to 42 students. Below is the criteria for Merit-Based Scholarship:
Scholarship % | Fee Waiver (INR) | CAT/ XAT (percentile) | GMAT score | CMAT/ MAH CET score |
---|---|---|---|---|
100% of tuition fee | INR 8.25 lakh | Greater than or equal to 99.00 | 785 & above | - |
75% of tuition fee | INR 6.18 lakh | 98.00 – 98.99 | 750 – 784 | - |
50% of tuition fee | INR 4.12 lakh | 95.00 – 97.99 | 700 – 749 | Greater than or equal to 99.00 |
25% of tuition fee | INR 2.06 lakh | 92.00 – 94.99 | 675 – 699 | 98.50 – 98.99 |
N
Contributor-Level 10
Answered 3 weeks ago
Candidates who wish to get admission in NL Dalmia need to apply online. Aspirants need to fill out the form, upload documents and pay an application fee. Below are the documents required during the application process:
- CAT/ XAT/ CMAT/ MAH CET/ GMAT/ MAT/ ATMA scorecard
- Class 10 marksheet
- Class 12 marks
N
Contributor-Level 10
Answered 4 months ago
N.L. Dalmia Institute of Management Studies and Research accepts several national and state-level entrance exam scores for admission to its MBA/ PGDM courses. NL Dalmia cutoff 2024 is yet to be released for admission, however as per the CMAT 2023 data, the cutoff percentile was 85 for the General AI
R
Contributor-Level 10
Answered 4 months ago
NL Dalmia Institute of Management has a good record of placements for its PGDm courses. As per the latrest report, the highest package offered during NL Dalmia placements in 2023 stood at INR 25.50 LPA. Further, the NL Dalmia average package offered to the top 10% of students was INR 14.35 LPA. The
PGDM is a flagship course of NL Dalmia. In terms of curriculum, the course includes guest lectures, live workshops, projects, and internship opportunities for students. Apart from the course, the students pursuing PGDM are open to placement opportunities. NL Dalmia has released its PGDM placement report 2023. As per the report, the highest package offered during placements 2023 stood at INR 25.50 LPA. Financial Services emerged as the top recruiting sector with 51% placement rate during NL Dalmia Institute of Management Studies and Research PGDM placements 2023. Further, 46 new recruiters participated during placements 2023.