Management Development Institute (MDI), Murshidabad—established in 2014 in West Bengal—is a residential business school modeled on MDI Gurgaon and located on a serene 10-acre campus near Jangipur. Supported by industry and academic leadership, the institute offers a full-time Post Graduate Diploma in Management (PGDM) with specializations including Finance, Marketing, HR, Operations, SCM, IT Management, and Organizational Behaviour. The PGDM is AICTE‑approved, NBA-accredited, and AIU-recognized as equivalent to an MBA.
MDI Murshidabad features modern infrastructure such as air-conditioned classrooms, syndicate rooms, and a state-of-the-art computer centre, along with a Bloomberg Finance Lab equipped with multiple Bloomberg terminals. Its library supports both print and electronic resources, including e-journals, industry databases, and case archives. Residential amenities include two single‑occupancy hostels (Eklavya & Bhagirathi) with attached balconies, public utilities, recreation halls, gymnasium, indoor games, and 24×7 Wi‑Fi and power backup—all within a green, tranquil campus atmosphere.
Academically, MDI Murshidabad follows a rigorous curriculum across six terms, combining core courses, live projects, electives, internships (8‑10 weeks), and experiential learning through simulations, business games, field visits, and case studies.
Placement-wise, the institute boasts an impressive 100% placement rate for its PGDM batch. The highest placement package reached up to ₹40 LPA, with an average salary of ₹11.76 LPA for the 2023–24 batch. Leading recruiters include ICICI Bank, SBI Life, Axis Bank, Airtel, Colgate, Aditya Birla Group, Genpact, VLCC, Magicpin, and more. Internship placement is similarly strong, and the curriculum is structured to integrate academic learning with real-world exposure.
Faculty at MDI Murshidabad comprise a blend of full-time academicians and adjunct industry experts across functions like Finance, Economics, Marketing, HR, IT, and Strategy—emphasizing both theory and practice.
In summary, MDI Murshidabad delivers a well-designed, fully residential MBA-equivalent program on a compact yet modern campus. Backed by strong industry partnerships, accredited credentials, and consistent placements, it's a compelling option for MBA aspirants seeking specialization in a focused and serene learning environment.
Here’s a comprehensive overview of the courses offered at MDI Murshidabad, along with detailed fee structures for its flagship programs:
🎓 Courses Offered
● PGDM – Post Graduate Diploma in Management
MDI Murshidabad’s flagship full-time, two-year residential program includes specializations in Marketing, Finance, Human Resource Management, and Supply Chain Management. The first year is generally core-focused, with electives and specializations introduced in the second year. Admission is based on valid CAT, XAT, or GMAT scores.
● Executive MBA / PGPM
A one-year full-time executive management program, typically open for working professionals, priced around ₹8 lakhs.
● Certificate & Diploma Programs
Shorter-duration programs include:
💰 PGDM Fees Structure (Academic Session 2025–27)
Total Cost: ~₹15.52 lakhs
This covers academics, accommodation, boarding, and other campus services.
Year‑wise Break‑up:
Component |
1st Year (₹) |
2nd Year (₹) |
Tuition Fee |
5,84,710 |
5,84,710 |
Lodging (Hostel) |
67,410 |
67,410 |
Boarding (Mess) |
59,900 |
59,900 |
Study Material |
27,820 |
28,000 |
Student Welfare |
10,000 |
10,000 |
Library |
11,770 |
11,770 |
Alumni Fee |
5,000 |
— |
Medical Insurance |
1,500 |
1,500 |
Security Deposit (refundable) |
20,000 |
— |
→ Total First Year: ₹7,88,110
→ Total Second Year: ₹7,63,390
Fee Payment Schedule
Fees can be paid in six installments:
🧾 Additional Costs & Perks
🎓 Certificate & Diploma Programs Fees
✅ Summary of Fee Overview
PGDM (2‑Year Full‑Time):
Short‑Duration Programs:
Financial Aid Options:
Here’s an updated, comprehensive overview of the admission process for MDI Murshidabad’s flagship PGDM (2025–27) programme, based on official sources and recent guidelines:
🎓 1. Eligibility Criteria
📝 2. Application Process
📞 3. Shortlisting: GD & PI Selection
🗣️ 4. GD, WAT & PI Rounds
🏁 5. Final Selection & Offer
📋 Step‑by‑Step Summary
Stage |
Key Actions |
Eligibility |
Valid CAT/XAT/GMAT; ≥50% in X, XII, and graduation; final‑year candidates provisional |
Application |
Online registration → application form → fee payment ₹1,180 → submission |
Shortlisting |
Based on test score + profile; sectional cutoffs approx. 70–85; mid-90s CAT percentile typical |
Selection Rounds |
GD, WAT, PI (online or offline); |
Final Selection |
Composite weighting across scores, profile, interviews |
✅ Key Takeaways
Here’s an accurate and up-to-date overview of accreditations, approvals, and memberships held by MDI Murshidabad:
📜 Official Accreditations & Recognitions
✅ AICTE‑Approved: The PGDM programme at MDI Murshidabad is recognized and approved by the All India Council for Technical Education (AICTE), which ensures its academic validity and acceptance.
📚 NBA‑Accredited: The PGDM programme is accredited by the National Board of Accreditation (NBA), reflecting quality assurance in management education.
🎓 AIU Equivalence: The PGDM is officially recognized as equivalent to an MBA by the Association of Indian Universities (AIU), ensuring wider acceptance for higher studies and employment.
🌍 International Recognition & Memberships
🌐 AMBA (UK) Accreditation: MDI Murshidabad has earned accreditation from the Association of MBAs (AMBA), UK—making it one of the few Indian B‑schools with global recognition.
🏅 AMDISA Membership / SAQS Accreditation Scope: As a member of the Association of Management Development Institutions in South Asia (AMDISA), the institute aligns with the South Asian Quality Assurance System (SAQS) standards, a regional benchmark for management schools.
🧪 Quality Assurance Accreditation
🧩 CRISIL Ratings & Emerging B‑School Accolades: MDI Murshidabad has received consistent recognition from CRISIL, earning an A* grade at the national level and A*** at the state level for its quality and growth. In addition, it was listed among the top five emerging B‑schools in India by the National HRD Network and Shine.com.
✅ Accreditation Summary
Accreditation / Recognition |
Significance |
AICTE |
Statutory approval for technical & management programs |
NBA |
Accredited management programme quality verification |
AIU |
Ensures PGDM is treated as equivalent to MBA |
AMBA (UK) |
International accreditation by global MBA authority |
AMDISA / SAQS |
Regional quality assurance and benchmarking standard |
CRISIL A*/A** & Emerging B‑School Awards |
External recognition for institutional quality and potential |
🧠 Why These Accreditations Matter
✅ Government Recognition (AICTE): Ensures academic legitimacy and eligibility for further education or government-backed programs.
🎓 Degree Equivalence (AIU): Validates the PGDM as equivalent to an MBA for employers and applications abroad.
🌟 NBA Accreditation: Confirms adherence to pedagogical and infrastructural benchmarks.
🌍 International Credibility (AMBA & AMDISA): Helps attract global collaborations, research partnerships, and provides global visibility.
📊 CRISIL Ratings: Independent validation for quality and performance.
MDI Murshidabad, though a relatively young institution, carries reputable national and international accreditations that place it firmly in the recognized bracket of quality business schools in India.
Here’s a refreshed and data-driven overview of MDI Murshidabad’s placements and recruiters, focusing on the PGDM programme for the 2022–24 batch (with some insights into the 2023–25 batch):
🎯 Placement Highlights — Final Placements (Batch 2022–24)
Placement Rate: Achieved 100% placement for all PGDM students.
Highest Package: ₹40.00 LPA.
Average Package: ₹11.76 LPA.
Median Package: ₹11 LPA.
Recruiter Participation: 100 recruiters participated, including 69 new companies. 25 PPOs/PPIs were offered.
📊 Sector-Wise Offer Distribution (2024)
Sector |
Percentage of Offers |
IT & Consulting |
24.1% |
BFSI |
21.3–25.5% |
Manufacturing |
20.4% |
Advertising |
7.4% |
Hospitality |
6.5% |
Retail |
4.6% |
FMCG |
2.8% |
Others |
~13–23.6% |
🔝 Top Recruiters (2024)
Frequent and prominent names included:
Axis Bank, Cognizant, Genpact, Airtel, Aditya Birla Fashion & Retail, Bandhan Bank
HDFC Bank, Hexaware, ICICI Bank, Infosys, SBI Life Insurance, TCS, TVS, United Colors of Benetton, Gartner, FactSet, BlackRock, Moody’s Analytics
📈 Placement Overview — Batch 2023–25 Interim Report
Average Package: ₹10.67 LPA.
Highest Package: ₹14 LPA.
Median Package: ₹11.4 LPA.
Recruiters: 88 recruiters participated, including 59 new companies. 13 PPOs/PPIs were extended.
🧠 Summer Internship Insights (2025)
Internship Recruiters: 48 companies involved for the 2023–25 batch.
Stipends:
Highest: ₹1.50 LPA/month.
Average: ₹35,000/month.
Median: ₹30,000/month.
Sector: BFSI led with ~27%, followed by IT & Allied and marketing roles.
Top internship recruiters: Dabur, ICICI Bank, Gartner, Tech Mahindra, TVS, Tata AIG Insurance, Jio Creative Labs.
✅ Key Takeaways
Strong placement track record: Consistently delivers 100% placement; top salary surged dramatically to ₹40 LPA in 2024.
Average vs reality: Some sources report slightly inflated average (~₹12.40 LPA vs ₹11.76 LPA), but all confirm a general average around ₹11–12 LPA.
Sector and domain distribution: Offers span across IT/Consulting, BFSI, Manufacturing, Marketing, and Retail.
Recruiter diversity: Employers range from BFSI, tech consulting, FMCG, manufacturing to media houses.
Internships well-supported: Competitive stipends, strong BFSI and marketing internship presence.
📌 Summary Table
Metric |
Batch 2022–24 |
Batch 2023–25 (Interim) |
Placement Rate |
100% |
Not finalized |
Average Package |
₹11.76 LPA |
₹10.67 LPA |
Median Package |
₹11 LPA |
₹11.4 LPA |
Highest Package |
₹40 LPA |
₹14 LPA |
Total Recruiters |
~100 (69 new) |
88 (59 new) |
PPO / PPI Offers |
25 |
13 |
Internship Stipend |
— |
Avg ₹35K / month |
Top Sectors |
IT/Consulting, BFSI |
BFSI, IT, Marketing |
Overall, MDI Murshidabad demonstrates steady placement performance, especially considering its relatively moderate fee (~₹15.5 L) and niche location. It continues to attract reputable recruiters across domains, though post-Decile student outcomes—particularly in sales roles—can be mixed based on community feedback.
Here's an up-to-date overview of MDI Murshidabad’s rankings, based on the most recent data across reputable sources:
🏆 IIRF 2025 Rankings (International Institutional Ranking Framework)
#1 in West Bengal among private B‑schools (PGDM general) — highlighting its dominance within the state.
#15 nationally among all private B‑schools in India, and #12 among private PGDM general programs.
🌐 NIRF (National Institutional Ranking Framework)
MDI Murshidabad did not feature in the core NIRF management rank list in 2024 or 2025—national NIRF placement likely reflects only select older institutes.
Some third-party sources previously cited an 11th rank in 2021–22, but these appear outdated or inconsistent with official NIRF data.
📝 Summary Snapshot
Ranking Body / Platform |
Placement / Subject |
Rank & Context |
IIRF 2025 – Private B‑Schools (West Bengal) |
PGDM General |
#1 in West Bengal |
IIRF 2025 – Private B‑Schools (India) |
Overall & PGDM General |
#15 overall, #12 PGDM General |
NIRF |
Indian Govt. official rankings |
Not included in 2024/25 list |
✅ Final Takeaway
State-level leadership: MDI Murshidabad is consistently rated as the best private B‑school in West Bengal by IIRF.
Strong national presence: It ranks within the top 15–40 management institutes nationally across multiple ranking agencies.
Tier perception: Many consider it Tier‑1, though opinions vary, especially compared to older, more established schools or metro-based institutes.
ROI strength: With ~₹15.5 L fee and average salaries around ₹11–12 LPA, the value proposition is strong, particularly for those prioritizing disciplined PGDM education at a trusted brand.
Here’s a comprehensive overview of the facilities at MDI Murshidabad (Management Development Institute, Murshidabad), combining official infrastructure details with student insights and independent sources:
🏛 Campus & Academic Facilities
Campus Size & Design: Spread over approximately 10 acres, the fully residential campus blends greenery with modern buildings, creating a tranquil learning environment away from urban hustle.
Smart A/C Classrooms & Amphitheatre-Lecture Halls: Amphitheatre-style, air-conditioned classrooms equipped with HD projectors, high-speed internet, and video conferencing facilities for enriched pedagogical delivery.
Library (Chaitanya): With over 12,000 books, about 4,000 e-journals, and access to databases like EBSCO, Emerald, Sage, CMIE, Harvard/IVEY/IIMA case studies, and supported by RFID-enabled library automation for seamless access.
Computer Labs (Aryabhatt Computer Centre): Three labs with around 251 PC nodes and two servers, connected via gigabit Ethernet and supported by a secure firewall and Google‑based email system.
Bloomberg Finance Lab: Houses four Bloomberg terminals, enabling students to work with real-time financial datasets and analytics—an advantage for finance-focused coursework.
🏠 Residential & Living Amenities
Hostels—Eklavya & Bhagirathi: Single‑occupancy rooms with attached balconies, separate wash areas, housekeeping, recreation halls, Wi‑Fi, and water-coolers. Full power backup and 24×7 facilities.
Indoor Recreation: Both hostels offer recreation spaces with TV, musical instruments, indoor games, and communal areas.
Mandatory On-Campus Stay: According to student discussions, double-sharing AC rooms are common, and hostel residency is compulsory.
🍴 Dining, Health & Daily Conveniences
Cafeteria—‘Aahar’: Serves hygienic, multi-cuisine meals at reasonable prices; also offers a campus convenience store for daily needs.
SBI ATM: On-site ATM ensures easy cash access.
Healthcare—Arogya Centre: Equipped with a sick room and visiting doctor for periodic check-ups, first-aid, and medical emergencies.
🏃 Sports & Recreation Facilities
Outdoor & Indoor Sports: Facilities include a swimming pool, badminton court, volleyball court, table tennis room, and space for lawn tennis and billiards. Yoga sessions are also offered.
Fitness Centre: A well-equipped indoor gymnasium supports regular workouts.
Amphitheatre: An open-air auditorium for informal classes, brainstorming, and cultural performances.
🌐 Connectivity & IT Infrastructure
Full Campus Wi‑Fi: High-speed internet accessible across library, classrooms, hostels, cafeteria, and outdoor areas.
Video-Conferencing & Digital Infrastructure: Used for virtual classes, guest lectures, and placement interviews. Digital signages at strategic spots inform students of campus events.
📋 Facilities Overview
Facility Category |
Key Features |
Academic Spaces |
A/C amphitheatre classrooms, smart lecture halls, syndicate rooms |
Library |
12K+ books, 4K e-journals, major databases, Koha-RFID system |
IT Infrastructure |
251 PCs, two servers, fast LAN/Wi-Fi, email, firewall |
Finance Lab |
Bloomberg terminals for finance research and learning |
Residential Life |
Single-hostels with balconies, recreation halls, mandatory residency |
Health & Dining |
Cafeteria, convenience store, ATM, medical centre with doctor on campus |
Recreation & Sports |
Gym, swimming, badminton, volleyball, TT, billiards, amphitheatre, yoga |
Connectivity & Multimedia |
Wi-Fi everywhere, video-conferencing suite, campus digital signage |
✅ Takeaway
MDI Murshidabad offers a comprehensive, well-charted residential infrastructure with academic and recreational facilities designed to support holistic management education. From finance labs and smart classrooms to single-hostel living and multisport arenas, the institute provides a structured and resource-rich environment—ideal for immersive study and personal growth.