Article: Rank 7: Management Development Institute, Gurgaon

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Rank 7: Management Development Institute, Gurgaon

MDI believes education of people comes first and that is reflected in their strategy, faculty development & programmes
Rank 7: Management Development Institute, Gurgaon
 

Established: 1973, Top-scoring parameters: Accreditation & Linkages, Campus Life, Infrastructure

 

Differentiator: Intellectual capital and links with global B-Schools

 

With a mission to create cutting-edge management capability through value-based education, best global practices, action-centric learning and value-added consulting, MDI Gurgaon is hoping to scale the ranks and become the topmost B-school of the country. MDI believes that education of people comes first and that is reflected in their strategy, faculty development, design of programmes and initiatives.

It was established as an autonomous institution in collaboration with several global bodies such as UNDP, UNIDO, World Bank and ILO with an initial grant received from KfW, West Germany, and with the active support of Industrial Finance Corporation of India (IFCI). While the school had received the prestigious AMBA accreditation in 2006 and was re-accredited in 2011, it again got the South Asian Quality Assurance (SAQS) accreditation from September 2013 for a period of five years. Its long term PG Programmes are accredited by National Board of Accreditation (NBA).

Besides the constant interaction with industry, MDI invites faculty from international business schools and universities across the globe. It is known for its strong intellectual capital and has 80 nationally and internationally faculty who are a strong blend of academicians, policy makers, administrators and managers. The current Director of MDI is Prof. Mukul Gupta. The Board of Governors of MDI is chaired by Malay Mukherjee, MD & CEO, IFCI. Ltd and it counts members such as Renu Sud Karnad, MD, HDFC Ltd; Venugopal N. Dhoot, Chairman, Videocon Group of Companies on its Board of Governors.

MDI has collaborated with 57 institutions across the world, involving exchange of students and faculty, exchange of knowledge and co-designing the future of business education. In 2012, the institute signed an MoU with Richard Ivey School of Business, Canada. In 2011, it collaborates with four new institutions: Smeal College of Business (USA), Louvain School of Management (Belgium), New Castle University (UK), Munich Business School (Germany). In 2013 MDI entered into seven new partnership agreements with institutions abroad, connecting with the neighboring countries.

The institute offers the following programmes: Post Graduate Programme in Management (PGPM), Post Graduate Programme in Human Resource Management (PGP-HRM), Post Graduate Programme in International Management (PGP-IM), Post Graduate Programme in Management – Part Time (PGPM- PT), National Management Programme (NMP), Fellow Programme in management (FPM) and Executive Fellow Programme in Management (EFPM). MDI has student exchange tie-ups with international schools that include Kenan-Flagler Business School (North Carolina, USA), RSM Erasmus University (Rotterdam, Netherlands), ESCP-EAP (Paris, France), EDHEC Business School (Lille and Nice, France), Bocconi University (Milan, Italy), Robert H. Smith School of Business (Maryland, USA) and Frankfurt School of Finance & Management (Frankfurt, Germany). The MDI library has a collection of more than 60,000 books.

The institute prides itself on cultivating what it calls “change agents”. Many of the alumni have also made their mark through entrepreneurship. MDI started Unnati, India’s first ever student-run mutual fund in June 2001. It was a diversified fund meant to provide future managers with a launch pad to enhance their learning through the experience of managing a real investment portfolio. In 2003, a mid-cap fund was added. What started with Rs 50,000 has now registered AUM of close to Rs 10 lakh.

Topics: #NHRDN_BSchoolRanking, Skilling

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