PGPM is the flagship programme of MDI. It is one of the most coveted programmes at MDI and ranks amongst the very best across the top B-Schools in India. It is the first PGPM programme of the country that has been accredited by a global accreditation body, namely, AMBA (Association of MBAs) UK. MDI prides itself for the learning experience imparted in this programme.
Objectives
PGPM at MDI nurtures students to help them:
To understand the social, economic, political, technological and ecological environment of modern society become effective leaders, who have the potential to transform organizations.
To hone lateral thinking and inculcate entrepreneurial skill value integrity, justice and fairness so as to promote and maintain high ethical standards develop a global mindset so that they are better able to address the challenges of global competition.
And to develop an all round personality that is well integrated with the very best of the Indian values and civilizations across the world.
The Curriculum Design
The PGPM curriculum design and pedagogy emphasizes the development of students’ skills and abilities to apply management theories and concepts to live problems in business and industry. Students are expected to achieve high standards of excellence. Teaching methods include - lectures, case studies, seminars, group discussions, business games, outbound based experiential learning activities, educational excursion, role plays, simulation exercises, structured and unstructured group work, and field visits. The emphasis is on involving the students in learning and helping them to relate concepts and theories to business requirements. Consistent with advances in teaching technology, the programme integrates the use of computers in learning the basic principles in different functional areas of management. It also enables students to acquire skills in identifying and dealing with complex problems in management, especially in this era of globalization of industrial and commercial activity and the resulting intense competition. The students also undertake several field-based projects so that they can get better insights into the workplace reality. The curriculum is revised on an ongoing basis through discussions with practicing managers from the industry to reflect current business needs.
Programme Structure
Core Courses
The PGPM course curriculum is spread over six terms of about three months each. The core courses are covered in four terms, with the bulk of it covered in the first three terms. These core courses enhance the ability to communicate, analyze situations and take decisions using quantitative and qualitative factors, and to develop a holistic view of the different functional areas and the business environment. During this period, students take courses in general management and major functional areas, such as finance and accounting, marketing, operations management, information technology management, organization behaviour, human resources and strategic management. They are also exposed to the basic disciplines of economics, behavioral sciences, information technology, quantitative methods and decision sciences.
Summer Internship
At the end of the first three terms, the students go for an industry internship or summer training with an organization. The internship usually spans over an eight to ten-week period. This is a compulsory component of the curriculum for the completion of the academic programme. It is designed to provide exposure to organizational working, to develop an understanding of business realities, and to learn to apply theory to real life business situations. Since the summer internship is a vital component in the promotion of the student into the second year, they are also graded for this
Specializations
In the second year, the students take elective / optional courses to specialize in a maximum of two functional areas. These areas are: Finance, Information Management, Marketing, Strategy and Operations Management. To specialize in an area a student must take a minimum of five elective course credits offered by that area. All elective packages, however, may not be offered, as this would be determined by the number(s) of students showing interest in specializing in different areas. The Institute may also consider new electives in line with recent developments and availability of expertise to offer the same.
Student Exchange Programme
Student exchange programmes promote a greater understanding of the multiple perspectives on managerial issues and challenges that are international in nature and enhances the competencies of students so that they are better able to live and work in an increasingly inter¬dependent world. These programmes thus provide a unique opportunity to the students to enrich their international academic experience and widen their career horizons. MDI has student exchange arrangements with Universities and Business Schools across the world. Students with an academic and / or professional interest in North America, Europe, Asia, South Africa, New Zealand, Australia and wanting to understand the global context of business can apply for these programmes. Students can apply to educational institutes with whom MDI has student exchange tie-up. Depending upon the nature of tie-ups, a student can spend from a term to one year in these foreign institutions in lieu of his/her study term(s) at MDI. There are agreements with ESCP-EAP, Paris, EDHEC Business School, IAE Aix-en-Provance France and HHL Leipzig Graduate School of Management, Leipzig Germany for dual degree programme. (For detailed information see International Exchange Programme’ section in main brochure). Details for selection and opportunities are available to students when they join MDI. Selection of students is made by MDI.
Evaluation
The evaluation system for the PGPM has been designed to achieve the following:
Help teaching faculty to evaluate the progress of learning of each student.
Prescribe and promote certain acceptable and uniform standards of comprehension.
Encourage a healthy and constructive competition among the students.
MDI follows a system of continuous evaluation. Throughout the term, the student will be tested on his / her ability to understand concepts, learn techniques and apply them to problems in the real world. At each stage of the course, the student would be in a position to assess his / her performance and take measures to make improvement. In each course, a student is thus awarded a letter grade only. The weighted average for all courses taken by a student in the programme is called the Cumulative Grade Point Average (CGPA).
MDI Scholarships
There are five merit scholarships of Rs.10, 000/- each available for the top five students at the end of the second year.
In addition to this, from the year 2006, Bharti Foundation Scholarship is also awarded on the basis of merit.
MDI students are also eligible to apply for O.P. Jindal Scholarship.
International Scholarships
The following international scholarships are available for MDI students going abroad on exchange programme to our partner Universities/ Business Schools: :
France: Eiffel Scholarships are available for students going for dual degree programme.
Germany: DAAD Scholarship Other Universities/Business Schools:
In addition to above Scholarships, our students from time to time get scholarships/funding support from Copenhagen Business School, Denmark, European Business School, Oestrich-Winkel, and Bergische Universitat Wuppertal, Wuppertal, Germany.
We also have arrangement with the following Universities/Business Schools for providing Free Accommodation on reciprocal basis (each out-going student pays the rent for the in-coming student):
Warsaw School of Economics, Poland.
University of Tampere, Finland.
Lahore University of Management Sciences, Pakistan.
Recognition
On successful completion of the programme requirements, a student is awarded a Post-Graduate Diploma in Management (PGDM), which has the approval of the Al India Council for Technical Education, Government of India.
International Accreditation
MDI is the first Indian Business School and second in Asia to be accredited by an International Institution ‘Association of MBAs’ (AMBA), London. MDI has also been granted South Asian Quality Assurance System (SAQS) accreditation.
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