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Management Development Institute Murshidabad (MDI Murshidabad / MDIM)
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#State Rank 1 (West Bengal) in both Best Private B-Schools - PGDM (General) and Best Private B-Schools - Overall categories; India Rank 10 (PGDM General, Private B-Schools) and India Rank 14 (Overall, Private B-Schools), per MDIM's own official news release. IIRF 2026📍 Murshidabad, West Bengal

Management Development Institute Murshidabad (MDI Murshidabad / MDIM) Admissions 2026, Courses, Fees & Cutoffs

Avg Package

10.93 LPA

Highest Pkg

15 LPA

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Institute Type

Private

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Total Courses

4 Courses

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Management Development Institute Murshidabad (MDI Murshidabad / MDIM) - Overview

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About Management Development Institute Murshidabad (MDI Murshidabad / MDIM)

Official website

Management Development Institute Murshidabad (MDI Murshidabad / MDIM) is a private business school established in 2014 under the aegis of the MDI Society, which also governs the more senior and well-known Management Development Institute (MDI) Gurgaon. Positioned by the institute as the second campus of the MDI Society, MDIM was inaugurated with the Bharat Ratna Shri Pranab Mukherjee (then President of India) presiding over its early convocation ceremonies, and the MDI Society - whose Board of Governors is chaired by Ms. Sangeeta Talwar and includes the Chairmen/Managing Directors of major public-sector banks and insurers such as Bank of Baroda, State Bank of India, Punjab National Bank, Canara Bank, LIC of India, Export-Import Bank of India, Union Bank of India and IFCI Ltd. - has invested approximately INR 250 crore in building the campus and educational infrastructure of the Murshidabad region of West Bengal. The institute marked its 10th anniversary in August 2024 and held its 10th Annual Convocation in 2025. Prof. (Dr.) Jayanthi Ranjan, a higher-education leader with over three decades of experience across Information Systems, Digital Transformation, Business Analytics, Knowledge Management and AI, was appointed as Director of MDI Murshidabad in 2026. MDIM's flagship offering is a 2-Year Full-Time Residential Post Graduate Diploma in Management (PGDM), approved by AICTE, accredited by the National Board of Accreditation (NBA), and recognised by the Association of Indian Universities (AIU) as equivalent to an MBA. Admission is via CAT/XAT/valid GMAT scores followed by a Personal Interview; the current sanctioned intake is 180 seats. Beyond the flagship PGDM, MDIM received fresh AICTE approvals from AY 2025-26 for three new programmes: a 2-Year Online PGDM for working professionals (60 seats), a 4-Year Bachelor of Business Administration or BBA with NEP-style entry (30 seats, admission via CUET/institute-level test), and a Fellow Programme in Management or FPM (10 seats) - MDIM's doctoral-level programme for those pursuing careers in academia, policy and research, offering a monthly stipend of INR 35,000-40,000 to full-time residential scholars along with an annual contingency grant. MDIM also conducts Management Development Programmes (MDPs) and executive education for organisations such as LIC of India, Eastern Coalfields Ltd., MSTC, GRSE, RINL, IOCL, WBPDCL and Damodar Valley Corporation (DVC), and runs Centres of Excellence including a Centre for Entrepreneurship and Start-Ups, Centre for Artificial Intelligence & Machine Learning, MDIM Case Research Centre, Centre for Indian Wisdom and Management, and Centre for Agri Business & Food Processing. The fully residential, roughly 10-acre campus at Kulori, Raghunathganj (Murshidabad district, West Bengal), houses hostels (Eklavya and Siraj for boys, Bhagirathi for girls, together accommodating several hundred students), an air-conditioned library with digital/print resources including HBR case databases, a Bloomberg Finance Lab, computer centres with NVIVO/SPSS software, a swimming pool, gymnasium, badminton/volleyball/football facilities, a health centre, an on-campus cafe (Angeethi), and an alcohol- and tobacco-free campus policy. MDIM has signed MoUs with institutions including IIT (ISM) Dhanbad, National Institute of Securities Markets (NISM), South Asian University and the Entrepreneurship Development Institute of India, and runs a Virtual Exchange Programme with Santa Fe College, Florida (USA). In rankings, MDIM was placed State Rank 1 (West Bengal) and India Rank 10 (PGDM General, Private B-Schools) / Rank 14 (Overall, Private B-Schools) in the IIRF 2026 rankings, was graded AA+ and ranked around 35th nationally by MBAUniverse.com, and was recognised by BW Businessworld as a top B-school with Zone Rank 3 in the Eastern Zone. As a relatively young, second-generation institute under an established B-school brand, prospective applicants are encouraged to independently verify the latest seats, fees, placement statistics and rankings directly with MDIM, since figures (especially placement highs) vary across third-party sources and change year to year.

Explore the comprehensive list of courses offered by Management Development Institute Murshidabad (MDI Murshidabad / MDIM), including detailed fee structures, specializations, and eligibility criteria:

Management Development Institute Murshidabad (MDI Murshidabad / MDIM) Courses

4 Courses

Post Graduate Diploma in Management (PGDM) - Residential

1 specialization
Fee Range₹ 8.09L - 16.46L

Bachelor's degree of minimum 3 years' duration with at least 50% marks or equivalent CGPA in any discipline from a recognised University, plus at least 50% marks or equivalent CGPA in both Class X and XII, and a valid CAT/XAT/GMAT score. Final-year students may apply, subject to completing all degree requirements by 30 June 2026 and furnishing proof by 1 October 2026. Foreign/OCI/PIO/Children of Indian Workers in Gulf Countries applicants are considered on the basis of a valid GMAT score.

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Post Graduate Diploma in Management (PGDM) - Online

1 specialization
Fee Range₹ 3.41L - 6.82L

Bachelor's degree (any discipline) with at least 50% marks, plus a minimum of 2 years' work experience after graduation, and at least 50% marks in Class X and XII, per the official launch criteria (AY 2025-26 onward).

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Bachelor of Business Administration (BBA)

1 specialization
Fee Range₹ 11.91L - 17.31L

Passed Class 12 (10+2) in any stream with a minimum aggregate of 50% marks, plus a valid CUET score or MDIM's own institute-level entrance test. Positioned by MDIM as 'Nurturing Budding Entrepreneurs'; successful BBA students reportedly receive preference for enrolment into MDIM's PGDM programme.

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Fellow Programme in Management (FPM)

1 specialization
Fee Range₹ 4.70L - 5.55L

Master's degree in any discipline with at least 60% marks or equivalent, plus a Bachelor's degree with 50% marks; candidates must qualify via CAT/XAT/GMAT/GRE/UGC-JRF/GATE, or sit MDIM's own Research Aptitude Test if lacking these scores. Final-year Master's students may apply for the Residential FPM. Standard test scores may be waived for full-time two-year PGP alumni of MDI, IIMs, XLRI, FMS and other premier B-Schools.

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Management Development Institute Murshidabad (MDI Murshidabad / MDIM) Admissions

Admission Process Overview

Below is the complete admission information including eligible exams, eligibility criteria, admission process, and important notes for each program offered.

Required Entrance Exams

CAT / XAT / valid GMAT score (PGDM Residential and Online); CUET or MDIM institute-level test (BBA); CAT/XAT/GMAT/GRE/UGC-JRF/GATE or MDIM Research Aptitude Test (FPM)

Eligibility Criteria
PGDM: Bachelor's degree (min. 3 years) with 50%+ marks in X, XII and graduation, plus a valid CAT/XAT/GMAT score. BBA: Class 12 pass with 50%+ aggregate plus CUET/institute test score. FPM: Master's degree with 60%+ marks plus Bachelor's with 50%+ marks and a qualifying research/standard test score.
Admission Process
For the flagship PGDM: (1) Online application on MDIM's website/admissions portal (shared with MDI Gurgaon) - application fee INR 1,770 (incl. 18% GST) for MDIM alone, or INR 3,590 combined with MDI Gurgaon; (2) Shortlisting based on application-form details and CAT/XAT/GMAT scores; (3) Shortlisted candidates attend a Personal Interview at a centre in Bangalore, Gurugram, Kolkata, Hyderabad, Chennai or Mumbai (centres other than Kolkata and Gurugram are tentative), or online; (4) Foreign/OCI/PIO/Gulf-country applicants are considered on valid GMAT scores alone; (5) Final selection combines entrance score, PI performance, academic record and work experience; (6) Admission offers communicated to successful candidates, followed by fee payment. For the 2026-28 PGDM batch, online application was available up to 20 January 2026 (previously extended from 28 November 2025); CAT cut-off for shortlisting was reported around the 65th percentile in the 2025 admission cycle. No management quota is offered; admission is stated to be strictly merit-based via the above process. CAT 2026 registration (for the subsequent PGDM 2027-29 cycle) opened with registrations reported to close around 15 September 2026.
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Placement Statistics

Verified campus placements records for Management Development Institute Murshidabad (MDI Murshidabad / MDIM)

Highest Package
₹15.0 LPA
Average Package
₹10.9 LPA
Median Package
N/A
Placement Rate
85%

Year-on-Year Placement Trend Comparison

Average Package Growth (LPA)

Batch 2026 (PGDM 2024-26 Batch, Final Placements)₹10.9 LPA
Batch 2025 (PGDM 2023-25 Batch, Final Placements)₹12.8 LPA
Batch 2024 (PGDM 2022-24 Batch, Final Placements)₹10.7 LPA

Highest Package Growth (LPA)

Batch 2026 (PGDM 2024-26 Batch, Final Placements)₹15.0 LPA
Batch 2025 (PGDM 2023-25 Batch, Final Placements)₹20.0 LPA
Batch 2024 (PGDM 2022-24 Batch, Final Placements)₹13.0 LPA

Top Recruiting Partners

10 Recruiters
ICICI Bank
Axis Bank
HDFC Life
Tata AIG
IndusInd Bank
Infosys
Infosys
Cognizant
Amul
Dabur
Colgate-Palmolive

State Rank 1 (West Bengal) in both Best Private B-Schools - PGDM (General) and Best Private B-Schools - Overall categories; India Rank 10 (PGDM General, Private B-Schools) and India Rank 14 (Overall, Private B-Schools), per MDIM's own official news release.

IIRF 2026

12th among Best Private B-Schools for PGDM (General) with State Rank 1; 15th overall among Best Private B-Schools with State Rank 1 and Zone Rank 3 (Eastern Zone), per MDIM's own official news release.

IIRF 2025

Graded AA+ (or AA per some 2025 pages); ranked around 35th-38th nationally among Top B-Schools, and 8th among B-Schools in East India per one 2025-26 aggregator summary.

MBAUniverse.com 2025-26

Complete Rankings Report

Explore all historic rankings and ratings

Publishing AgencyRanking / Rating
IIRF 2026
State Rank 1 (West Bengal) in both Best Private B-Schools - PGDM (General) and Best Private B-Schools - Overall categories; India Rank 10 (PGDM General, Private B-Schools) and India Rank 14 (Overall, Private B-Schools), per MDIM's own official news release.
IIRF 2025
12th among Best Private B-Schools for PGDM (General) with State Rank 1; 15th overall among Best Private B-Schools with State Rank 1 and Zone Rank 3 (Eastern Zone), per MDIM's own official news release.
MBAUniverse.com 2025-26
Graded AA+ (or AA per some 2025 pages); ranked around 35th-38th nationally among Top B-Schools, and 8th among B-Schools in East India per one 2025-26 aggregator summary.
BW Businessworld
Listed among 'Best TOP B-Schools' with Zone Rank 3 in the Eastern Zone (per MDIM's own website banner); also cited by one aggregator as '4th best B-School in the eastern region of India' in an earlier year.
Collegedunia 2025
64th best B-School in India out of 372 ranked institutes (third-party aggregator ranking, not an official accreditation).
Others
Unconfirmed - verify independently

Scholarships & Financial Aid

Information regarding scholarships and financial aid opportunities provided by the institute.

Available Scholarships

Scholarship NameEligibility CriteriaAward Amount
Special Scholarship and Freeship Scheme for North-East Students (PGDM)

Applicants must have completed Class 10 and 12 from a recognised school/institution in the North-Eastern Region of India, hold at least 50% marks or equivalent CGPA in both X and XII, and a minimum 3-year Bachelor's degree with at least 50% marks or equivalent CGPA in any discipline. Awardees (5 Freeship + 10 Scholarship recipients per year) are selected from admitted PGDM students based on CAT percentile (top 3 eligible female and 2 eligible male students for Freeship; next top 10 eligible students for Scholarship), with Class XII percentage as tie-breaker.

Freeship: 100% waiver of tuition fee, equivalent to approximately INR 8,92,000 for the 2-year PGDM (based on a past batch's tuition; scales with current tuition fee). Scholarship: monthly disbursement equivalent to 20% of the 2-year tuition fee (reported as approx. INR 8,500/month), paid for a maximum of 21 months across the programme, credited directly to awardees' bank accounts.
AICTE Tuition Fee Waiver (TFW) Scheme

As per AICTE guidelines, up to a maximum of 5% seats over and above the 'Approved Intake' per course are available under the AICTE Tuition Fee Waiver scheme (a scheme common across AICTE-approved technical/management institutes, including MDI Murshidabad and MDI Gurgaon) - specific eligibility criteria (income/category-based) follow AICTE's standard TFW norms; confirm current-year eligibility directly with MDIM.

Tuition fee waiver, as per AICTE TFW scheme norms.

Campus Infrastructure

Campus Infrastructure & Facilities

Residential Campus at Kulori, Raghunathganj

Residential Campus at Kulori, Raghunathganj

A fully residential, approximately 10-acre campus described by the institute and reviewers as a serene, green setting away from the city, comprising a main academic building (administrative offices, faculty offices, classrooms, library, conference halls), a guest house, syndicate rooms, and student hostels/dormitories.

Eklavya, Siraj & Bhagirathi Hostels

Eklavya, Siraj & Bhagirathi Hostels

On-campus hostels for boys (Eklavya, Siraj) and girls (Bhagirathi) together accommodating several hundred students, per student reviews typically on a single-occupancy basis with attached balconies, beds, study tables, wardrobes, Kent water filters, washing machines and Wi-Fi; a separate air-conditioned Executive Hostel ('Siraj' for MDPs, per official pages) serves visiting executives.

Library, Bloomberg Finance Lab & Computer Centres

Library, Bloomberg Finance Lab & Computer Centres

An air-conditioned library holding print and electronic resources including Harvard Business Review case databases, alongside a Bloomberg Finance Lab and computer centres (reported at around 251 PC nodes/laptops including two servers) equipped with statistical/research software such as SPSS and NVivo, used for case-based and quantitative pedagogy.

Sports & Recreational Facilities

Sports & Recreational Facilities

On-campus swimming pool (with separate slots for boys and girls, per student reviews), gymnasium, badminton court, volleyball ground, football and cricket grounds, table tennis and pool tables, and a student-run cafe ('Angeethi') that serves as a social hub; the campus follows an alcohol- and tobacco-free policy.

Hostel & Accommodation

* Fees are subject to change. Please contact the administration for the latest details.

Location not available for this college.

Frequently Asked Questions


No. MDI Murshidabad (MDIM), established in 2014, is a separate, independently AICTE-approved and NBA-accredited institute, run under the aegis of the same MDI Society that governs the older and more established MDI Gurgaon. The two campuses share governance and admissions infrastructure (a combined online application form) and some visiting faculty, but MDIM issues its own PGDM diploma and is not a legal constituent/branch of MDI Gurgaon. Rankings, accreditations (e.g. AMBA) and placement outcomes of the two institutes should not be conflated.

The flagship 2-Year Full-Time Residential PGDM (180 seats; AICTE-approved, NBA-accredited, AIU MBA-equivalent). From AY 2025-26, MDIM also received AICTE approval for three new programmes: a 2-Year Online PGDM for working professionals (60 seats), a 4-Year BBA (30 seats), and a Fellow Programme in Management or FPM, MDIM's doctoral programme (10 seats). MDIM also runs Management Development Programmes (MDPs) and short-term certificate courses.

Per MDIM's own official 'Fees and Other Expenses for PGDM 2026-28' notification, the total fee (covering tuition, study material, students' welfare activities, library, boarding, lodging, medical insurance, one-time alumni fee and refundable security deposit) for the 2-year, full-time, residential PGDM is INR 16,45,940. This is broken into INR 8,33,270 payable in the first year and INR 8,12,670 in the second year. MDIM reserves the right to revise fees during the academic year, with due notice.

180 seats for the flagship 2-Year Full-Time PGDM, per multiple aggregator sources and MDIM's own admission communications. The newer programmes have smaller AICTE-approved intakes: 60 for Online PGDM, 30 for BBA, and 10 for FPM.

Post Graduate Diploma in Management (PGDM) - Residential, Post Graduate Diploma in Management (PGDM) - Online, Bachelor of Business Administration (BBA), Fellow Programme in Management (FPM)
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