Management Development Institute

Management Development Institute (MDI) is private business School in India. It was established in 1973 by Industrial Finance Corporation of India and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi.

Rankings

MDI was ranked 10th among management schools in India by the National Institutional Ranking Framework (NIRF) in 2020, 3rd in India by Outlook Indias Top 150 Private MBA Institutions" of 2020.

Campus

MDI has its own campus spread over  in Gurgaon. The campus is about 12  km. from Indira Gandhi International Airport, New Delhi. MDI has a campus with red brick buildings and trees. The buildings have been given names such as Gurukul, Lakshaya, Scholars, Renaissance, Parthenon etc.

Library
The MDI library has a collection of over 60,000 books, in addition to electronic resources which include e-books, journals, databases, audio-visual materials, CDs/DVDs, e-journals, reports, case studies, conference proceedings, training manuals etc.

Academics
The institute offers various post graduate diploma programmes. These include full-time post graduate programmes in management and part-time programmes such as executive programmes.. It also offers fellowship research programmes.

History and Launch of India’s first Executive PGDM Program
Management Development Institute was set-up in 1973 as an institute for training, consulting, and research activities. In 1986, Lt. Gen. ML Chibber, a Padma Bhushan, was appointed as its director. The same year, Prime Minister Rajiv Gandhi, along with HRD minister P. Chidambaram visited the MDI campus and discussed with Lt. Gen. ML Chibber about unifying leadership amongst private, public, and government sectors.

Thus, India’s first full-time Executive PGDM program, called ‘National Management Programme (NMP)’ was created with a 15-month curriculum. The core objective of the program was to develop appreciate mindsets across the three sectors and provide opportunity to learn from each other. Additionally, Rajiv Gandhi conferred the following awards to the program: Prime Minister’s gold medal for topper of the course, Finance Minister’s gold medal for topper in finance, HR Minister’s gold medal for topper in HR, and ITC gold medal for topper in marketing. 

The program drew top government officers as well as private sector organisation executives that had the potential to attain top leadership positions. The program, originally restricted to top executives nominated by their organisations, eventually became open for general public applications also, and was MDI’s flagship programme till 1994.

National Management Programme (NMP) was rechristened as ‘Post Graduate Diploma in Management – Business Management’ (PGDM-BM) in 2021, has been open for general applications for Executive PGDM  and is currently running its 36th edition at MDI Gurgaon. The AICTE-approved program is accredited as a full-time MBA by the Association of MBAs, UK (AMBA) and has been revised for duration (18 months), content, and corporate exposure as well.

MDI launched its 2-year Post Graduate Diploma in Management programme in 1994, making it as the new flagship programme. Thereafter, MDI added part-time PGDM (erstwhile EMP), PGDM- International Business, PGDM - Human Resource Management, Online PGDM, and fellowship programs to its list of courses offered.

Exchange Program
MDI Gurgaon has one of the largest exchange programmes in the country where one out of every 5 students enrolled in the post graduate programmes get an opportunity to study abroad for one or two terms. It has partner institutes in more than 34 countries  with institutes such as EDHEC Business School, Copenhagen Business School, HHL Leipzig Graduate School of Management, Bocconi University, RSM Erasmus University, ESCP Europe.

Notable Alumni
Post Graduate Diploma in Management – Business Management (PGDM-BM) (Erstwhile NMP): Executive 18 Month full-time MBA
 Parameswaran Iyer
 Manoj Joshi
 Dr S. K. Mahapatra
 Prabhakar Singh

Post Graduate Diploma in Management: 2 Year full-time MBA
 Durjoy Datta
 K. S. Sabarinadhan
 Sachin Garg

Initiatives
MDI Gurgaon has many initiatives and platforms run by current students and alumni:
 MDI Megaminds: It is a startup pitch event hosted by MDI Gurgaon alumni that allows startups to showcase their venture to investors & mentors. Since November 2018, it has been conducted once in every 2 months - 100+ startups have presented, many have got funding, and all got visibility and networking opportunities. It is open to all to present, invest, and join. Website: www.mdimegaminds.com/ 
 Student run clubs include academic clubs like Marquity, Monetrix, HR Direction, Impulse, ThinC, Strategist, Opsession; activity clubs include Sanskriti, MART, SAMARITIANS, IBEX, MILE, FOCUS; Event Clubs include Samvaad, Illumina, Imperium, Delphique, TEDxMDIGurgaon
 Student committees are for corporate communications, alumni communications and events, campus facilities and more.

References

Business schools in Haryana
Universities and colleges in Gurgaon
Educational institutions established in 1973
1973 establishments in Haryana