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Management Development Institute Murshidabad

📍 Kulori (Sakim-Katnai), P.O. Uttar Ramna, P.S. Raghunathganj, Murshidabad, West Bengal - 742235 · Est. 2014 · Director:
₹20.00 LPA
Highest CTC
Final Batch 2023-25
₹12.75 LPA
Average CTC
Final Batch 2023-25
₹11.00 LPA
Median CTC
Final Batch 2023-25
180
Batch Size
80% male / 20% female
98
Recruiters
59 first-time recruiters
13
PPO + PPI
From summer internships
PlacementsFees & AidAdmissionsProgramsCampusAlumniClaude's Verdict
PrivateOtherPGDM2-yearFemale-friendly
Deep dive into each section
💰 Fees & ROI
Breakdown, scholarships, loans
📊 Placements
Report, sectors, recruiters
🎯 Admissions
Cutoff, process, batch profile
🏛️ Campus
Hostels, clubs, student life
🎓 Alumni
Notable graduates and network
📚 Programs
PGP, PGPX, FABM, FPM
⭐ Reviews
Honest student feedback

MDI Murshidabad Overview — Rankings, Accreditations & Quick Facts

MDI Murshidabad · founded 2014 · MDI Gurgaon lineage · Kulori greenfield campus in Murshidabad, West Bengal · Final Placement Batch 2023-25: 180 students, 98 recruiters (59 new).

Average ₹12.75 LPA · median ₹11 LPA · highest ₹20 LPA.

Bloomberg Finance Lab on campus.

Rankings & recognition

NIRF Management
Verify against the next NIRF cycle release for MDI Murshidabad.
data being verified
Parent · MDI Gurgaon NIRF
MDI Gurgaon ranking, not Murshidabad — lineage reference only.
9

Quick facts

Accreditations
AICTE Approved, NBA Accredited, AIU Recognised (MBA equivalent), AACSB (via MDI lineage), AMBA, AMDISA
Campus
Kulori greenfield campus · 12 years since founding · second MDI after Gurgaon
Programs
PGDM (Flagship) · PGDM-HRM (Human Resource Management) · PGDM-IB (International Business) · PGDM-BA (Business Analytics)
Website
iima.ac.in

What makes MDI Murshidabad distinctive

🏫

MDI Gurgaon lineage

Established 2014 as MDI's second campus. Mentor institution provides intellectual capital, teaching processes and academic rigour. MDI Gurgaon is NIRF #9 (Management 2025).
💼

Avg ₹12.75 LPA · Highest ₹20 LPA

Final Placement Batch 2023-25: 180 students, 98 recruiters (59 new), 13 PPO/PPI. Average ₹12.75 LPA, median ₹11.00 LPA, highest ₹20.00 LPA.
📊

Bloomberg Finance Lab on campus

Bloomberg Finance Lab established December 2018 with 4 Bloomberg Terminals. Supports Bloomberg Market Concepts (BMC) certification. Real-time equities, fixed-income, commodities and currencies data on campus.
🎓

4 PGDM programs · wide entry funnel

PGDM (flagship), PGDM-HRM, PGDM-IB (International Business), PGDM-Business Analytics. Accepts CAT, XAT and GMAT — wider funnel than MDI Gurgaon (CAT only for Indians).
🏔️

Institutionalised North-East scholarships

Each year: 5 Freeships (100% tuition waiver) + 10 Scholarships (20-30% tuition based on CGPA) for North-East applicants. A Murshidabad-specific scheme since AY 2021-22.
🏘️

Fully residential · single rooms

Two hostels (Ekalavya and Bhagirathi) with single-occupancy rooms, attached balcony, separate bath/toilet, Wi-Fi, 24/7 water and electricity, Kent water coolers.

MDI Murshidabad Placements 2025 — Average Package, Sectors & Top Recruiters

Placement headline — Batch 2025

₹12.75 LPA
Avg Package
₹11 LPA
Median Package
₹20 LPA
Highest (Domestic)
98
Companies
180
Batch Size

2-year placement trend

2025 BATCH
12.75 LPA
avg
2026 BATCH
10.93 LPA
avg

Top recruiters

0 firms

MDI Murshidabad Fees — Total Cost, Scholarships & Education Loans

MDI Murshidabad fee breakdown
Tuition fee
Library, computing, materials
Total programme fee
₹16.46 L
Monthly living (on-campus)
Education loan available
Up to ₹30 L collateral-free at major banks; higher with collateral.
Loan interest rate
9–11% from SBI, HDFC Credila, Axis, ICICI on the private-institute rate card.
ROI check: At ₹12.75 LPA average, you recover the full ₹16.46 L fee in approximately 15 months of salary.
Scholarships available
North-East Freeship (100% Tuition Waiver)
5 awards each year. Total value ~₹8.92 L over 2 years. Eligibility: NE domicile, Class X + XII from NE with ≥50%, 3-year UG ≥50%, parental income ≤₹8 L/year. Allocation: 3 female + 2 male. Selection by CAT percentile after first 30 days of Term I. Tie-break: Class XII %.
North-East Scholarship (20-30% Tuition Waiver)
10 awards each year. Scales with CGPA: 7.0-8.5 CGPA → ₹10,600/month (25%); >8.5 CGPA → ₹12,750/month (30%). Lapses if CGPA falls below 6.0. Base eligibility: same as NE Freeship.
Need-Based and Industry Scholarships
Standard institute and industry-sponsored scholarships announced each cycle. Eligibility and amount vary by sponsor.
Education loans up to Up to ₹30 L collateral-free at major banks; higher with collateral. available. Interest rates: 9–11% from SBI, HDFC Credila, Axis, ICICI on the private-institute rate card..

MDI Murshidabad Admission 2026-27 — Eligibility, Cutoffs, Selection Process & Important Dates

CAT cutoffs (official, by category)

CategoryVARCDILRQATotal
General70707080
EWS65656575
NC-OBC60606072
SC50505060
ST35353545
PwD35353545
Sectional + total percentile minimums from the official admission policy. Meeting the cutoff is the FIRST gate — final selection depends on the composite score.

How selection works

Stage 1 — Shortlisting for PI
CAT 2025 / XAT 2026 / GMAT65%
Class 10 + 12 marks10%
Bachelor's degree5%
Gender + academic diversity10%
Work experience10%

Eligibility + Exam details

Who can apply
  • Bachelor's degree: 50% aggregate in any 3-year UG degree
  • CAT year accepted: 2025
  • Work experience: Not mandatory. Counted in the final composite.
  • Age limit: No upper age limit

Detailed selection process — what to expect at each stage

01
Stage 1 — Application + test eligibility
Apply by 28 November 2025 (5:00 PM deadline) with a valid CAT 2025, XAT 2026 or GMAT score. Minimum 50% UG aggregate.
02
Stage 2 — Composite shortlist for WAT + PI
Shortlist using your highest accepted exam score, past academics, work experience and diversity factors.
03
Stage 3 — Written Ability Test + Personal Interview
WAT essay and PI by faculty and external experts.
04
Stage 4 — Final merit and waitlist
Final score combines all components. Independent merit lists for PGDM, PGDM-HRM, PGDM-IB and PGDM-Business Analytics.

Important dates — 2026-27 admission cycle

application deadline
28 November 2025, 5:00 PM
cat exam
30 November 2025
xat exam
4 January 2026
shortlist release
January-February 2026
wat pi
February-March 2026
final offers
March 2026 onwards
session start
June-July 2026

MDI Murshidabad Financial Aid 2026 — Loans, EMI Options & Scholarships

MDI Murshidabad scholarships — published categories

North-East Freeship (100% Tuition Waiver)
5 awards each year. Total value ~₹8.92 L over 2 years. Eligibility: NE domicile, Class X + XII from NE with ≥50%, 3-year UG ≥50%, parental income ≤₹8 L/year. Allocation: 3 female + 2 male. Selection by CAT percentile after first 30 days of Term I. Tie-break: Class XII %.
North-East Scholarship (20-30% Tuition Waiver)
10 awards each year. Scales with CGPA: 7.0-8.5 CGPA → ₹10,600/month (25%); >8.5 CGPA → ₹12,750/month (30%). Lapses if CGPA falls below 6.0. Base eligibility: same as NE Freeship.
Need-Based and Industry Scholarships
Standard institute and industry-sponsored scholarships announced each cycle. Eligibility and amount vary by sponsor.

MDI Murshidabad Programs — Fees, Duration & Eligibility

ProgramDurationTotal FeesIntakeExamNotes
PGDM (Flagship)2 years · residential16.46March-JuneCAT 2025 / XAT 2026 / GMATAICTE-approved, NBA-accredited, AIU-recognised (MBA equivalent).
PGDM-HRM (Human Resource Management)2 years · residential16.46March-JuneCAT 2025 / XAT 2026 / GMATDedicated HR specialization PGDM.
PGDM-IB (International Business)2 years · residential16.46March-JuneCAT 2025 / XAT 2026 / GMATInternational business specialization with global exchange component.
PGDM-BA (Business Analytics)2 years · residential16.46March-JuneCAT 2025 / XAT 2026 / GMATAnalytics-specialised PGDM. Complements the Bloomberg Finance Lab.

MDI Murshidabad Campus — Infrastructure, Hostels & Student Life

Campus facts
Area
Dormitories
undefined dorms · undefined students
Architecture
Heritage
Student clubs
undefined+ active clubs
Life highlights
Hostel & Residence
24/7 electricity and water · Kent-filter water coolers · Wi-Fi · washing area · housekeeping · sick room · recreation hall with TV and digital services · musical instruments · supervised by Wardens and Hostel Superintendents

Is MDI Murshidabad Worth It? — Honest Pros, Cons & Who Should Apply

MDI Murshidabad is genuinely best for
CAT 80-90 candidates wanting an MDI-affiliated PGDM with a structured BFSI + IT/Consulting placement pipeline
XAT-strong applicants who under-performed in CAT — MDI Murshidabad accepts both, unlike MDI Gurgaon (CAT only)
Candidates targeting BFSI roles — the 2023-25 sector mix was 30.2% BFSI, broadly the strongest funnel
Finance and analytics aspirants — hands-on Bloomberg terminal access + BMC certification path on campus
North-East applicants — institutionalised 5 freeships + 10 scholarships per year (100% tuition waiver for freeship awardees)
PGDM-IB or PGDM-BA aspirants looking for specialist tracks outside the IIM ecosystem
Watch out for
!
MDI Gurgaon brand recall is distinct from Murshidabad — same lineage, different rank and scale
!
Top-tier consulting (MBB) or PE/IB/VC unlikely — placements lean BFSI + IT services + manufacturing
!
Murshidabad is rural West Bengal, 4-5 hours from Kolkata — limited city access
!
Interim Batch 2024-26 placements softer at ₹10.93 LPA average (vs ₹12.75 LPA in 2023-25 final)
!
12-year-old institute — alumni network smaller than older PGDMs
Apply if

You want an MDI-affiliated PGDM with a stable BFSI + IT/Consulting funnel, Bloomberg Finance Lab access, and (if eligible) institutionalised North-East scholarship support that materially shifts cost-of-attendance.

Consider alternatives if

You're expecting MDI Gurgaon-grade placements, need a metro-city campus, or have a strict top-tier consulting / capital-markets career focus.

MDI Murshidabad Student Reviews — Academics, Placements & Campus Life

3.9
3.9
Overall rating
Placements3.8
Academics4.0
Campus4.0
ROI3.9

"BFSI is genuinely strong here — 30%+ of placements. Got an ICICI Bank role at ₹13 LPA, which is right around the median. The Bloomberg Finance Lab was useful for the BMC certification — I added it to my resume before placements."

PGDM 2023-25 graduate · Pre-MBA: 12 months in BFSI operations

"I joined PGDM-Business Analytics specifically for the Bloomberg + analytics angle. The 4 terminals don't sound like a lot but for a batch of 113, you get real hands-on time. Interim placements have been softer this year, but my summer internship went well at a fintech."

PGDM-BA 2024-26 student · Pre-MBA: 24 months in product analytics

"I came in on the North-East freeship — 100% tuition waiver, which made MDI Murshidabad effectively cost only the boarding + lodging. Got a marketing role at ₹11 LPA. The NE scholarship is real and institutionalised, not lip service."

PGDM 2023-25 graduate from Assam · Pre-MBA: Freshly graduated
Reviews compiled from Quora, PagalGuy, and MBA forums (2023-2025). Collvera has not verified individual claims.
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