MDP (Management Development Programme)
Radhika SharmaAssociate Senior Executive
Management Development Programme is designed to offer essential know-how to streamline the process of management training and ensure fast growth in career. This helps individuals who wish to gain rapid growth in their management career and make use of the gained knowledge, skills, insights, and attitudes to manage managers, workers and organisations, efficiently. Management Development, for that reason, is defined as the strategic and focussed activity carried out by a manager to assist a person to become more proficient to be able to assume greater and more significant managerial duties and responsibilities.
- What is Management Development Programme?
- Eligibility Criteria Management Development Programme
- Top Entrance tests for Management Development Programme
- Skillsets Required for Management Development Programme:
- Subjects in Management Development Programme
- Popular Management Development Programme Colleges in India
- Institute-wise Management Development Programme Fees
- Career Prospects and Job Profiles for Management Development Programme
- 8.1 Management Development Programme Career Prospects and Job Opportunities
- Top Recruiters for Management Development Programme
- Management Development Programme FAQs
What is Management Development Programme?
Management Development Programme is a two-year course that is designed in a way that it focuses on the methods and patterns of core areas of finance and management. The course is designed for students to help them enhance their efficiency and leadership capabilities in an organisation in line with the rapidly changing and challenging corporate world. The programme ensures that you have the right skills and knowledge to effectively and efficiently develop, engage and lead a team. The programme focuses on the recent trends and developments in the management world. The programme helps the executives to upgrade their knowledge, abilities, aptitude and attitude to enhance productivity and efficiency whilst creating a sound base and equipping them with advanced industry knowledge, ideas and methodologies.
Eligibility Criteria Management Development Programme
To pursue the Management Development Programme the candidate:
- Must possess a Bachelor’s degree from a recognised board or university.
- Must have secured at least 50 per cent aggregate (45 per cent for SC, ST and PWD/DA category) or equivalent Cumulative Grade Points Average (CGPA).
- There are various universities/colleges in India and abroad, that offer MDP degree programme to students. The duration of the programme varies from one to two years. Some colleges conduct entrance tests for admission to the programme. Some of the MDP entrance exams conducted in India are mentioned below:
Top Entrance tests for Management Development Programme
| CAT | MAH CET 2023 |
| CMAT | TISSNET 2023 |
| Karnataka PGCET 2022 | SET 2023 |
| MAT 2023 | NMAT 2022 |
| OJEE 2022 | XAT 2023 |
| TSICET 2023 | SNAP 2022 |
| KMAT 2022 | TANCET 2023 |
| IIFT 2023 | APICET 2022 |
| PAT 2022 | IPMAT 2023 |
Skillsets Required for Management Development Programme:
A manager is required to be a visionary and must possess excellent leadership qualities. Given below are some of the skillsets required to be a successful manager:
| Skills Required for Management Development Programme |
|
|---|---|
| Strategic Thinking |
Excellent Leadership Qualities |
| Adaptability | Team Player |
| Management skills | Good Communication skills |
| Ethical | Resourceful |
| Organisational skills | Problem-Solving skills |
Subjects in Management Development Programme
This programme is designed to offer advanced and real-world solutions to critical management challenges faced by managers. The important topics covered under Management Development Programme are tabulated below.
| Management Development Programme Subjects | |
|---|---|
| Business Planning & Growth Strategies for World Class Performance |
Competency Assessment and Recognition of Excellence |
| Emerging Marketing Challenges for Indian Post Offices in Today's Global Economy | Finance for Non-Finance Managers |
| Managerial Effectiveness for Excellence |
Marketing & Sales Management |
| Negotiation Skills |
People Skills in Hospitality Management |
| Proactive Leadership |
Project & Contract Management |
| Project Appraisal & Feasibility |
Strategic Financial Management for Value Creation |
| Superannuation and Beyond |
Supply Chain & Materials Management |
| Update on Corporate Taxation Policies & Practices |
Work-Life Balance & Stress Management |
Popular Management Development Programme Colleges in India
Some of the top colleges and institutes which offer to Management Development Programme are as follows:
| College | City |
|---|---|
| Lal Bahadur Shastri Institute of Management | Delhi |
| ICFAI Business School | Gurgaon |
| Indian Institute of Management | Kozhikode |
| Indian Institute of Management | Shillong |
| Indian Institute of Management | Calcutta |
| Xavier Labour Relations Institute | Jamshedpur |
| Shailesh J. Mehta School of Management | Bombay |
| SP Jain Institute of Management and Research | Mumbai |
| Vinod Gupta School of Management | Kharagpur |
| Symbiosis Institute of Management Studies | Pune |
Institute-wise Management Development Programme Fees
Given below is the list of top management development programme colleges in India and their average total fees.
| Management Development Programme Colleges |
Average Total Fees (in INR) |
|---|---|
| Lal Bahadur Shastri Institute of Management (LBSIM, Delhi) |
15.29 lakh |
| ICFAI Business School, Gurgaon (IBS Gurgaon) |
8.03 lakh |
| Indian Institute of Management, Kozhikode (IIM Kozhikode) |
2.20 lakh |
| Indian Institute of Management, Shillong (IIM Shillong) |
18.75 lakh |
| Indian Institute of Management, Calcutta (IIM Calcutta) |
20.25 lakh |
| Xavier Labour Relations Institute, Jamshedpur (XLRI Jamshedpur) |
23.60 lakh |
| Shailesh J. Mehta School of Management (SJMSOM IIT Bombay) |
8.32 lakh |
| SP Jain Institute of Management and Research (SPJIMR Mumbai) |
17.50 lakh |
| Vinod Gupta School of Management (VGSOM IIT Kharagpur) |
NA |
| Symbiosis Institute of Management Studies, Pune (SIMS Pune) |
5.50 lakh |
| FORE School of Management, New Delhi (FSM Delhi) |
15.98 lakh |
| Indian Institute of Management, Rohtak (IIM Rohtak) |
14.65 lakh |
Career Prospects and Job Profiles for Management Development Programme
After finishing the Management Development Programme, candidates have to option to go for higher degree courses in related subjects for advanced research work. They can work as management analysts, often known as management consultants; they are assigned the responsibility to augment an organisation's efficacy.
They also advise managers on how to develop organisations' growth and more profitable through decreased costs and increased revenues. Candidates can also become consultants who help companies and professionals by recognizing options with recommendations, providing additional resources and implementing solutions. There are various jobs in consulting, construction, financial institutions, information technology, hospitality, insurance, retail, manufacturing, transportation and logistics.
Management Development Programme Career Prospects and Job Opportunities
MDP graduates can have various job opportunities in multi-national companies museums, holiday parks, colleges and universities, etc. A fresher can start their career in this field at salary between the range of INR 3 lakh to INR 10 lakh. Have a look at some MDP job roles along with the average annual salary in India.
| Job Position |
Job Description |
Average Annual Salary (in INR) |
|---|---|---|
| Tourism Manager |
Tourism officers are assigned the role of promoting and advertising tourism and developing tourist development ideas or campaigns with the objective of creating and increasing revenue. |
4.7 LPA |
| Retailing Manager |
Retail managers are assigned with the responsibility of the everyday management of retail shops, including staff, sales, stock and resources management. |
4 LPA |
| Catering Manager |
Catering managers are responsible to lead teams of chefs as well as catering assistants. They are in charge of running the everyday catering operations and services in hotels, restaurants and resorts. |
5.2 LPA |
| Public Relation Officer |
They are responsible for planning publicity strategies as well as campaigns. They are assigned with writing as well as producing presentations and press releases. |
2.6 LPA |
| Executive Director |
The Executive Director is given the responsibility to successfully lead as well as manage the organisation according to the strategic direction set by the Board of Directors. |
48 LPA |
| Accountant | The role of an accountant is to prepare and maintain financial reports and records in an organisation. They evaluate financial operations. |
2.6 LPA |
| Teacher/Lecturer | They are experts who design, develop, and deliver knowledge on a particular subject using different teaching methodologies and techniques. |
3 LPA |
| Logistics Manager | They are responsible for the smooth flow of the supply chain and also organise, store and monitor the distribution of goods. |
6.5 LPA |
Top Recruiters for Management Development Programme
Many eminent companies hire MDP degree holders. Some of the top recruiters include:
| List of Top Recruiters Who Hire Management Development Programme Graduates | |
|---|---|
| Infosys |
The Taj Group of Hotels |
| GAIL Ltd |
North Delhi Power Ltd |
| Avenue Capital Group |
Department of Posts, Government of India |
Management Development Programme FAQs
Q: What is an MDP course?
Q. What is the duration of the Management Development Programme?
Q: What is the eligibility criteria for Management Development Programme?
Q: What is the average salary after Management Development Programme?
Q: Which are the top recruiters which hire MDP graduates?
Q. What are some job roles after MDP?
Q: Why should I pursue an MDP course?
Q: Do IIMs provide MDP courses? Is it worth pursuing this course from IIMs?
Q: Which institutes other than IIMs provide MDP courses?
Q: What is the average salary of a Tourism Manager?
Q: Can I pursue higher studies after MDP?
Popular MDP (Management Development Programme) Colleges in India
Popular Private MDP (Management Development Programme) Colleges in India
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News & Updates
Comments
IIM Ahmedabad offers a wide range of Management Development Programs MDP for working professionals, including programs on Strategic Human Resource Management. The Strategic Human Resource Management programme offered by IIM Ahmedabad is designed for HR professionals, senior managers, and leaders ...IIM Ahmedabad offers a wide range of Management Development Programs MDP for working professionals, including programs on Strategic Human Resource Management. The Strategic Human Resource Management programme offered by IIM Ahmedabad is designed for HR professionals, senior managers, and leaders who are responsible for managing human capital in their organizations. The programme is aimed at providing participants with a comprehensive understanding of the strategic role of human resource management in achieving organizational goals. The programme covers various topics such as strategic planning for human resource management, talent acquisition and retention, performance management, employee engagement, and leadership development. The programme also focuses on the latest trends and best practices in human resource management, and provides participants with practical tools and techniques for effective implementation. The duration of the Strategic Human Resource Management programme at IIM Ahmedabad is usually 5 days, and the programme is delivered by experienced faculty members from IIM Ahmedabad and other top business schools. To apply for the programme, interested candidates can visit the IIM Ahmedabad website and fill out the application form online. The programme fee for the Strategic Human Resource Management programme at IIM Ahmedabad may vary, and interested candidates can contact the institute for more information regarding the same.
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How is MDP in Strategic Human Resource Management at IIM Ahmedabad?
Reply to Smriti Mishra