Management Development Institute, Murshidabad Scholarships and Funding

Special Scholarship Scheme for the North-East students to pursue PGDM

It is envisaged to provide 10 scholarships (20% waiver of tuition fee) every year for pursuing 2 year full-time PGDM.

Eligibility:
a) Applicant should have a domicile in the North Eastern Region.
b) Applicant should have completed Class 10th & 12th from any recognized school/ college/ institution in the North–Eastern Region.
c) Applicant must have at least 50% marks or equivalent CGPA in both X and XII.
d) Applicant must have minimum 3 years Bachelor degree with at least 50% marks or equivalent CGPA in any discipline from any university.
e) The annual income of the parents of the applicant should not exceed INR 8.0 lakhs.

Note: The income slab is linked with the Govt. policy on EWS (economically weaker section) / non-creamy layer of OBC, wherein the benefits are extended to persons with family income below INR 8.0 lakhs per annum.

Amount of Scholarship:
- An amount of INR 8500/- per month [equivalent to 20% of the tuition fee of two years] will be given for max. 21 months in the entire duration of PGDM and the rate of scholarship is linked with his/her performance in PGDM term examinations.
- In case of securing 7.0 - 8.5 CGPA in any term, the rate of scholarship for the subsequent term will be enhanced to INR 10,600/- p.m. (equivalent to 25% of tuition fees of two years). Similarly, in case of securing more than 8.5 CGPA, the rate of scholarship for the subsequent term will be enhanced to INR 12,750/- p.m. (equivalent to 30% of tuition fees of two years).
- In case of poor performance, i.e. securing less than 6.0 CGPA in any term, there will be no scholarship in the subsequent term. However, once securing 6.0 or more CGPA, the scholarship will be restored in the subsequent term.
- The scholarship scheme is limited to 10 students.

Note: The scholarship amount is linked with the tuition fee. Thus, with any revision of tuition fee, the scholarship amount will revise proportionately.

Freeship Scheme for the North-East students to pursue PGDM

It is envisaged to provide 5 Freeship (100% waiver of tuition fee) for pursuing 2 year full-time PGDM.

Eligibility:
a) Applicant should have a domicile in the North Eastern Region.
b) Applicant should have completed Class 10th & 12th from any recognized school/ college/ institution in the North–Eastern Region.
c) Applicant must have at least 50% marks or equivalent CGPA in both X and XII.
d) Applicant must have minimum 3 years Bachelor degree with at least 50% marks or equivalent CGPA in any discipline from any university.
e) The annual income of the parents of the applicant should not exceed INR 8.0 lakhs.

Note: The income slab is linked with the Govt. policy on EWS (economically weaker section) / non-creamy layer of OBC, wherein the benefits are extended to persons with family income below INR 8.0 lakhs per annum.

Amount of Freeship:
- Each Freeship awardee will get 100% waiver of tuition fee which is equivalent to INR 8,92,000/- for 2 years PGDM.
- To continue the freeship, the awardee is required to maintain at least 6.0 CGPA in each term. In case of poor performance, i.e. securing less than 6.0 CGPA in any term, there will be no freeship in the subsequent term. However, once securing 6.0 or more CGPA, the freeship will be restored in the subsequent term.
- The Freeship scheme is limited to 3 nos. female students and 2 nos. male students. In case of any shortfall in requisite male students, the same will be filled from the available female students.

Note: The scholarship amount is linked with the tuition fee. Thus, with any revision of tuition fee, the scholarship amount will revise proportionately.

The awardees will be selected based on CAT percentile. From the admitted students, the top 3 female and 2 male eligible students will be selected for freeship. In case of a tie, the 12th % will be the deciding criteria.

Q:   Who can avail Management Development Institute, Murshidabad scholarship?
A:

The scholarship will be roll out based on the candidates CAT percentile, which is taken into consideration for admission to MDIM. From the admitted students, the top three female eligible students and two male eligible students will be selected for free ship based on CAT percentile and from the remaining eligible students, the top 10 students will be selected for scholarship based on CAT percentile. In case of a tie, Class 12 will be the deciding criterion. The selection process will take place after the completion of the first 30 days of the Term.

Q:   What is the fee structure of MDI Murshidabad?
A:

The total fee for MDI PGDM is INR 15.98 lakh. Find below MDI Murshidabad fee break up for PGDM course:

Particulars 

First Year Fee

Second Year Fee

Tuition fee

INR 5.97 lakh

INR 6 lakh

Lodging charges

INR 75000

INR 75000

Boarding charges

INR 60000

INR 60000

Study material fee

INR 28000

INR 28000

Student welfare activities

INR 10000

INR 10000

Library fee

INR 12000

INR 14000

Alumni fee

INR 5000

-

Medical insurance

INR 2000

INR 2000

Security deposit

INR 20000

-

Total

 INR 8,09,000

 INR 7,89,000

 

Q:   What is the fee for MBA at Management Development Institute, Murshidabad?
A:

Management Development Institute courses are offered to students at the UG, PG, and certificate levels. Some of the popular programmes offered at the Management Development Institute Murshidabad are BBA. PGDM, FPM, etc. The college offers an MBA programme to students at the PG level for a duration of 2 years. Further, the fees of an MBA programme is around INR 15.98 lakh. 

Reviews (Showing 6 of 40 reviews)

Overall Rating (Out of 5)

4.2

Based on 37 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.0
Infrastructure
4.5
Faculty & Course Curriculum
4.3
Crowd & Campus Life
3.9
Value for Money
4.1
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 40 published reviews, 37 reviews are verified.
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A
Akshat | Post Graduate Diploma in Management (PGDM) - Batch of 2025
Reviewed on 23 Feb 2025
Verified
2.8
Placements 3 Infrastructure 3 Faculty & Course Curriculum 3 Crowd & Campus Life 3 Value for Money 2
Decent college with a good brand tag.

Placements: For placements, our college is entirely dependent on the student body. The members are selected for the placement committee, and these are the students who help the entire batch to secure placements as well as summer internships. Mostly we have sales roles and most of the placements are in the BFSI sector.

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Manas ranjan | Post Graduate Diploma in Management (PGDM) - Batch of 2025
Reviewed on 14 Feb 2024
Verified
4.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Great in-terms of ROI and Brand name, good infrastructure, student driven campus.

Placements: Till date, 80 percent of the batch is placed. Maybe within 20 to 25 days, the whole batch will get placed. The highest is 15 LPA, the lowest is 9.5 LPA, and the average is 13 LPA offered till today. Tata AIG & ICICI are the top recruiters. In SIP, 100% placement is completed.

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A
Akash Sharma | Post Graduate Diploma in Management (PGDM) - Batch of 2023
Reviewed on 30 Oct 2021
Verified
4.4
Placements 4 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 4
I am satisfied with the quality of education provided here.

Placements: Achieving 100% placements is one of the latest B-schools in the country is exceptional. Company ranges from startups to ICICI come and hire students with decent salary packages. Roles offered to students vary as a wealth manager, marketing strategy, CRM, HR, and many more. You will get many opportunities here.

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Akash Pal | Post Graduate Diploma in Management (PGDM) - Batch of 2023
Reviewed on 2 Oct 2021
Verified
4.4
Placements 4 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 4 Value for Money 4
Good placement with quality education.

Placements: Being a very new college the placement is pretty good. The college achieves 100% placement every year with an average CTC of 9 lpa. The highest package offered was 26 lpa and the lowest was 7 lpa. ICICI bank, KPMG, PwC, Wipro are some of the major recruiters here. There is also 100% placement in summer internship in companies like ICICI, Chain Sutta bar, Jio creative lab etc. Top roles offered are business associate, tax associate, project manager etc.

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A
Abhinav Das | Post Graduate Diploma in Management (PGDM) - Batch of 2022
Reviewed on 11 Jul 2021
Verified
4.4
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
It is a great place to learn and make contacts.

Placements: There is always 100% placements in our college. This year, the highest package offered was 26 LPA, the median package was 9.5 LPA, and the lowest package was 6 LPA. The top recruiting companies are ICICI Bank, SBI Life Insurance, PWC and many more. Everybody got an internship with a median stipend of 30,000. Recruiters include Emami, ITC, RBI ABL, Moody's and many more. The top role offered is deputy manager.

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Debayan Karar | Post Graduate Diploma in Management (PGDM) - Batch of 2021
Reviewed on 2 Jul 2020
Verified
4.2
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
I have a great learning experience with satisfactory placements all over the year.

Placements: Full placements have been achieved to date. The highest salary package offered is around 13.5 LPA, and the average salary package offered is 10.5 LPA. Top recruiting companies are PWC, SDC, Line, Lido Learning, Aditya Birla Capital, Federal Bank, Medlife, Extra Marks Education, etc. Most roles that have been offered are related to marketing and sales, followed by consultancy roles.

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Write here...

Answered a year ago

The institute offers special scholarship and freeship scheme for the NE students topursue PGDM (2-year full-time) course. Students can check the details below:

Freeship: Each Freeship awardee will get 100% waiver of tuition fee which is equivalent to INR 8.92 Lacs for two years PGDM. To continue the

...Read more

40939197
Indrani Choudhury

Contributor-Level 10

Answered 2 years ago

MDI provides special scholarship and freeship scheme for the north-east students to pursue PGDM course. Under the scheme, the institute provides 100% fee waiver to five students and 10 scholarships with 20% fee waiver of tuition fee.

N

Nishtha Shukla

Guide-Level 15

Answered 5 months ago

The institute has been offering excellent packages to PGDM students over the years. The MDI Murshidabad placement report 2025 for PGDM programme has been out. As per the report, the highest package offered was INR 14 LPA. The average and median packages offered are INR 12.75 LPA and INR 8 LPA, respe

...Read more

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 5 months ago

Check out the packages offered to the PGDM batch 2023-25 during the MDI Murshidabad placements given below: 

Particulars Placement Statistics (2025)
the highest Package INR 14 LPA
Average PackageINR 12.75 LPA
Median Package INR 8 LPA

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 8 months ago

Yes, it is worth pursuing MBA at Management Development Institute, Murshidabad as it is one of the prestigious Management colleges in West Bengal to offer quality education to students. Management Development Institute courses are offered to students at the UG, PG, and certificate levels. The colleg

...Read more

A

Anya Singh

Contributor-Level 9