Management Development Institute, The Post Graduate Programme in Management

Management Development Institute, Gurgaon

Management Development Institute, Gurgaon

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MDI has its own campus spread over 37 acres in Gurgaon. Located strategically, the campus is about 16 Kms. from Indira Gandhi International Airport, New Delhi and 30 Kms, from downtown Connaught Place, New Delhi. The campus is well laid out with an extensive six hole golf green, trees, lawns and aesthetically planned landscapes. Set amidst lush green grass fields in sylvan surroundings, the institute is and provides a highly conducive environment for studies.

The Post Graduate Programme in Management
Post Graduate Programme - Human Resource
Post Graduate programme in International Management

The Post Graduate Programme in Management
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.

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.

Post Graduate Programme - Human Resource Management

Fierce competition and the need for continuous change has created a critical role for HR professionals in business organizations. MDI in collaboration with National HRD Network offers PGP-HR, a unique programme to develop HR professionals with well-rounded business perspective.

Objectives

    * Global sensitivity and mindset.
    * Holistic business perspective
    * Capability to manage uncertainty and complexity
    * Capability to lead change
    * Capability to create wealth, and
    * Capability to manage diversity.

The PGP-HR prepares candidates for HR careers in industry and services. It develops capabilities in all the three domains - knowledge, attitude and competencies. The programme is designed to:

    * Prepare well-rounded business managers rather than HR managers alone.Students are given a holistic grounding in management with heavy accent on HR.
    * Emphasis on action and performance, rather than concept and input focus alone..
    * Give appreciation of business realities, demands and challenges and their role in this scheme, through in-company internships.
    * Provide appreciation of cross-cultural issues through exposure to international students as well as interaction with corporate executives with trans-continental experience.
    * To develop change management competencies.

Through a mentoring process (attachment with corporate role models/the Industry Acharya's/Gurus), the students are shaped to 'hit the ground running' when they take on their first job.

Programme Structure

The programme will be spread over six terms, each of three months. Thirty nine credit courses will be offered during this period. The first four terms will be devoted to core courses encompassing various managerial functions, essential for HR managers to develop into future business partners. The balance terms will focus on inputs in HR and OB with a mix of core courses and electives. Students have the advantage of interacting with distinguished industry mentors, their Industry Acharya s/Gurus who along with internal faculty mentors will sculpt their leadership competencies, groom and guide them.

Teaching Methodology

Teaching methodology would be 'learning centric' and not teaching centric' . It would be interactive and participative involving role modeling and fieldwork, case studies, business games, role-plays, simulation exercises, group discussions and structured and unstructured group work. Eminent professionals from HRD Network will interact with the students besides the faculty from MDI.

Evaluation

The evaluation system in the PGP-HR has been designed to foster healthy competition among the students. Throughout the term, students will be tested on their ability to understand concepts, acquire techniques and apply them to real problems in an organization. The evaluation will be done by the faculty on an on-going basis involving a minimum of four components. There will be provision for midterm and end-term examination in each course. In each course students will be awarded a letter grade. The weighted average for all the courses taken by a student in the entire programme would constitute his/her Cumulative Grade Point Average (CGPA).

About National HRD Network

National HRD Network is an association of professionals committed to promoting the HRD movement in the country. It is a non profit-making organization, registered under Registration of Society Act 1860 and Bombay Public Trust Act 1 950, which is dedicated to develop human resources through education, training, research, and experience sharing. The underlying philosophy of the Network is that every human being has the potential to do remarkable things.

The major objectives of HRD Network are:-

    * Help to stimulate positive forces for humanizing systems and organization and enable people contribute their best
    * Disseminate HRD knowledge and skills among HRD practitioners.
    * Build a rigorous scientific store-house of knowledge and skills for HRD.
    * Break new ground for the HRD movement.
    * Develop and maintain standards of professional excellence in HRD and
    * Act as a clearing house for all referral related to HRD activities in the country.

Activities
The HRD Network publishes a monthly HRD Newsletter and reports of research on HRD; conducts Annual Conference to share experience and present new concepts on HRD; holds seminars and workshops on various aspects of HRD for CEOs, line Managers, office bearers of the union etc. The Network Chapters conduct meetings and workshops on a regular basis on issues of contemporary importance.

Post Graduate programme in International Management

The emerging business scenario makes global and inter cultural working an imminent reality. There is a dire need for managers and future leaders with a global mindset - managers who can appreciate different cultures, who can build networks across geographies, and live and work across cultures.

MDI Gurgaon in 2006 launched a unique, first of its kind programme in India - the Post Graduate Programme in International Management (PGP-IM). This is one of the efforts made by MDI to develop managers with appropriate mindset and ability to work in global markets. The programme was launched in collaboration with European School of Management (ESCP-EAP), France. The unique dual degree programme is delivered partly in India (MDI) and partly in Europe (ESCP-EAP campuses). The first phase of the programme is delivered on MDI Campus, at Gurgaon. The second phase of the programme is delivered in Europe at the London, Paris & Turin campuses (English Track).

In Europe, students will not only get classroom learning opportunity, they will also get an opportunity to work there or in India on a paid internship basis. In addition, there will be scope to get placement in Europe. Living and working in Europe will enable students to understand and appreciate other cultures, hone their capabilities to work across cultures and develop global mindsets.

Objectives

The key objectives of the programme are to groom global leaders with:-

    * Competencies to work across cultures.
    * Ability to work in unfamiliar markets.
    * Strong general management orientation.
    * Adequate grounding in various management functions.

Pedagogy

There will be classroom teaching through case studies, simulations and role play. Direct exposure to workplace realities will be provided through consultancy assignments and internships in the corporate sector. An integrated batch of ESCP-EAP students and MDI students will go through the entire programme. Close interactions of this kind will develop understanding, appreciation and tolerance of differences across cultures and develop the skills to work globally.

Programme Structure

The programme is spread over six modules. The first three modules spread over 8 months would be delivered at MDI. The fourth module of 6 months duration would be held at ESCP-EAP Campus. Fifth module will constitute 4 to 6 months of internship in India/ Europe while the sixth module of 1 V2 months would consist of dissertation work. Module 1 and 2 focus on providing basic inputs in qualitative and quantitative domains and provide analytical as well as communication skills. In the 3rd and 4th modules the focus shifts to giving an International Management perspective to the students. The 5th and 6th modules are dedicated to providing in-company exposure in a global context.

ESCP-EAP (European School of Management) is Europe's top school, highly ranked (number 2) by the Financial Times. The school has five campuses in Paris, London, Madrid, Berlin and Torino. Cultural and social learning is actively encouraged, and this is possible with the rich variety of activities naturally on offer in a capital cf"

About ESCP-EAP 5 campuses in Europe

There really is something for everyone; be it exploring the historical sites of the Bastille, Buckingham Palace, the Plaza Mayor or the Brandenburg Gate, or discovering the endless shows, theatres, operas, festivals and impressive markets. Each city is the political, cultural, economic or financial capital of their native country. However, each campus offers its own unique characteristics, which enables MEB applicants to suit their individual preferences.

PARIS

The Paris campus is conveniently located in the centre of the city. It is the largest of the five campuses and hosts the greatest number of faculty and students. The school s outstanding reputation and close relationships with leading French companies maximize internship and career prospects for students. With extensive campus facilities and over 50 active students clubs and associations, a strong sense of school spirit and community prevails.

LONDON

In 2004 the campus in the UK moved to Hampstead, North-West London. With huge refurbishments undertaken, the new UK campus is able to offer students state-of-the art facilities, whilst being situated in a traditional Victorian building. The attractive lights of the city and the business community are only a tube rides away, whilst the fashionable area of Hampstead offers a broad cultural experience away from the hustle and bustle of inner city life..

BERLIN

The ESCP-EAP Berlin campus is located near one of the historical centre-pieces of Berlin. The Charlottenburg Castle, which is located in baroque gardens over looks the school's beautiful late 19th Century building, which has been recently upgraded with state-of-the-art facilities. Throughout the year there are events and conferences on the latest business issues. ESCP-EAP Berlin is a "wirtschaftswissenschaftliche Hochschule" with a degree-awarding charter.

MADRID

Located in a residential suburb, the Madrid site is an ideal place for students to concentrate their efforts in bringing out with success such a demanding programme as the MEB. The environment of gardens and parks sets a scene oriented to hard work and personal reflection necessary for the development of managerial competencies. The close personal attention of the staff in Madrid provides an open and friendly environment for the best results in the program. Being located near the University quarter and close to the centre of Madrid also provides access to a student environment and all the necessary services.

TORNIO

The ESCP-EAP Italian campus is located in Torino in a beautiful building with state-of-the-art facilities. Torino is one of the main business centers of the Italian economy as well as a masterpiece of architecture and one of the favourite student cities in Italy. The Torino campus has strong relationships with a number of Italian and International companies, which participate to its governance. The local academic partner is the "Universita degli Studi di Torino" which awards the "Laurea Specialistica" degree.