MAGMA Fincorp Reviews | Glassdoor

MAGMA Fincorp Reviews

Updated December 3, 2018
88 reviews

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3.7
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MAGMA Fincorp Managing Director & CEO Sachin Khandelwal
Sachin Khandelwal
13 Ratings

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  1. "Credit Analyst"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Schaumburg, IL
    Former Employee - Anonymous Employee in Schaumburg, IL
    Recommends

    I worked at MAGMA Fincorp full-time (More than a year)

    Pros

    opportunity for growth.Worked with best management.Friendly environment

    Cons

    hours of work gets stretched during month ends.


  2. "Asstistant Manager BHR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    If you like working in a challenging environment that encaptures experiential learning then Magma is a good place to work at. Good place to kickstart your career in HR.

    Cons

    systems and Processes need to be streamlined and more organized. Quality of individuals hired matters because they represent the company and organization culture.

  3. "Work Culture & environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I have been working at MAGMA Fincorp full-time

    Pros

    Is a average company to work. Employee benefits are almost at per the industry

    Cons

    Maximum pressure in accounts department. Satury & Sunday working is very normal


  4. "Good learning environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at MAGMA Fincorp full-time

    Pros

    Good learning environment, strong management team and strong governance.

    Cons

    work life balance could be better, disparity in compensation in certain functions could be removed.


  5. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Collections in New Delhi (India)
    Current Employee - Collections in New Delhi (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MAGMA Fincorp full-time (More than 8 years)

    Pros

    It's working very good with Magma and good organisation and culture

    Cons

    No cons for the organisation

    Advice to Management

    Great work keep it up


  6. "area credit manager"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Area Credit Msnager in Jaipur, Rajasthan (India)
    Current Employee - Area Credit Msnager in Jaipur, Rajasthan (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at MAGMA Fincorp full-time (More than 8 years)

    Pros

    incentive plans and rewardsand so many seniours to guide for work

    collection

    sales

    dsa
    work together

    laptop for tours plan

    Cons

    no movitation thoughts
    no training parts

    Advice to Management

    no advice to company for this comment


  7. "HR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager in New Delhi (India)
    Former Employee - Senior Manager in New Delhi (India)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at MAGMA Fincorp full-time (More than 5 years)

    Pros

    Open and respectable culture.
    Growth and Trust for employees

    Cons

    In the current segment they are doing best.

    Advice to Management

    You are best NBFC to work for

  8. "hire and fire is not their policy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MAGMA Fincorp full-time

    Pros

    they give employee to learn

    Cons

    main is for salary , can't deny salary is the major part of motivation.

    Advice to Management

    salary must be as per market rate


  9. "magma fincorp"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Executive in Ujjain (India)
    Former Employee - Sales Executive in Ujjain (India)

    I worked at MAGMA Fincorp full-time (Less than a year)

    Pros

    magma fincorop is one of the best finance company.

    Cons

    i dont think that any down sites in that field.

    Advice to Management

    there is nothing advisable in that field now.


  10. "Decent Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in Indore (India)
    Former Employee - Credit Analyst in Indore (India)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at MAGMA Fincorp full-time (Less than a year)

    Pros

    Good for credit analyst background people
    Opportunities to learn
    Colleagues are helpful and supporting
    Good work life balance

    Cons

    Limited growth
    Low base package
    dull environment