MAGMA Fincorp Reviews | Glassdoor

MAGMA Fincorp Reviews

Updated October 7, 2018
86 reviews

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3.9
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MAGMA Fincorp Managing Director & CEO Sachin Khandelwal
Sachin Khandelwal
12 Ratings

86 Employee Reviews

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Cons
More Pros and Cons

  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. "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


  4. "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


  5. "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


  6. "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.


  7. "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

  8. "Its a good company"

    StarStarStarStarStar
    • Career Opportunities
    • Comp & Benefits
    Current Employee - MIS Executive in Chandigarh (India)
    Current Employee - MIS Executive in Chandigarh (India)

    I have been working at MAGMA Fincorp full-time (More than 5 years)

    Pros

    Good team work and helpful environment.

    Cons

    Nothing to tell about this

    Advice to Management

    Nothing


  9. "Finance"

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

    I have been working at MAGMA Fincorp full-time

    Pros

    Balance work life but it depends on the department you work for.

    Cons

    Salary hike is very much uneven and nominal.


  10. "Insightful scientific profit oriented focusless"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good understanding of market, once a good market player

    Cons

    Lacked focus due to top management misunderstanding


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