Management Development Programme Eligibility, Top Colleges, Syllabus, Duration, Salary 2021

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Sakshi Gupta

Content Curator | Updated on - Jan 4, 2021

Management Development Programme is a 2-year course, the minimum eligibility is Graduation from any recognized college or its equivalent exam. Admission to Management Development Programme depends upon the candidate’s performance in a relevant entrance exam and a consequent round of counseling.

Some of the top colleges and institutes which provide admission to Management Development Programme are as follows:

Check More Management Development Programme Colleges in India

The average tuition fee charged for the course in India ranges between INR 10,000 to 40 lacs, for a span of 1 to 2 years.

The Management Development Program (MDP) is a quick paced and concentrated program devoted to the most recent methods and patterns in the core areas of management and finance. It has been created taking into consideration the new challenges of the corporate world, along with the continuous evolution of the media and the quickly expanding pace of business.

    After finishing the Management Development Programme candidates can go for higher degree courses in related subjects for further research work. Candidates can have careers likewise as management analysts, often called management consultants; their work is to enhance an organization's efficiency. Candidates also advise managers on how to develop organizations growth and more profitable through decrease costs and increased revenues. Candidates can also become consultants who help by recognizing options with recommendations, providing additional resources and the implementation of solutions. Candidates can also work in the field of consulting firms, construction, financial institutions, information technology, hospitality, insurance, retail, manufacturing, transportation, and logistics.

    Such candidates are hired in capacities such as Tourism Manager, Retailing Manager, Hotel & Catering Manager, Accountant, Public Relation Officer, Logistics, Sale-purchase Assist. Manager, Teacher & Professor, Publisher & Columnist, Executive Director & Head, Manager etc. A fresh candidate in this field can earn an average salary between INR 3 to 10 Lacs per annum depending upon the caliber and experience of the candidate.

    Management Development Programme: Course Highlights

    Given below are some of the main highlights of the course:

    Course Level Post Graduate Program
    Duration of the Course 1 to 2 Years
    Examination Type Semester and Annual
    Eligibility Graduation
    Admission Process Entrance Exam and Merit Based
    Average Course Fee INR 10,000 to 40 lacs
    Average Starting Salary INR 3 to 18 Lacs
    Top Recruiting Companies Infosys - Bangalore Lotophage - Bangalore SBS - Mumbai My Eco Energy Pvt. Ltd. - The Taj Group of Hotels, GAIL Ltd., Department of Posts, Government of India, North Delhi Power Ltd., Avenue Capital Group etc.
    Top Job Areas Colleges & Universities, Museums, Theme Parks, Zoos and Heritage Sites, Hostels and Holiday Parks etc.
    Top Job Positions Tourism Manager, Retailing Manager, Hotel & Catering Manager, Accountant, Public Relation Officer, Logistics, Sale-purchase Assist. Manager, Teacher & Professor, Publisher & Columnist, Executive Director & Head, Manager etc.

    Management Development Programme: What is it all about?

    Management Development Programme is deliberately designed and organized to reflect the most significant needs of industry. The programme concentrates on modern developments and recent trends in managerial practices in a particular area. With more noteworthy accentuation on hierarchical improvement, the projects are designed to upgrade the managerial knowledge, abilities, skills, attitude, and aptitude of the executives.

    This programmes would help the organization to enhance productivity and process efficiency, increase communications and group work, enhance human performance and spirit, hold the ability and assets, lessen the cost and squander, and suspect workforce and technology changes and remain competitive.

    Management Development Programs is one of a kind learning suggestions to the members and go for outfitting them with the advancing administration ideas, practices, points of view and methodologies. They likewise endeavor to empower the taking part chiefs to build up a sound learning base, community-oriented examination and capacity to acknowledge changed perspectives of a dynamic companion gathering. The preparation teaching methods in these projects are appropriately adjusted to their particular needs and cultivate a more compelling cognizance through participative learning.

    Candidate must have necessary skills such as visionary, strategic thinking, flexible or adaptable to change, team player, self-management and ethical or high personal standards. Candidates also able to allocate resources as indicated by needs can decide, follow up with them and acknowledge obligation regarding them. This is additionally a positive purpose of the applicants that they have enthusiastic development and the inner assets to adapt to dissatisfaction, frustration, and stress.

    Management Development Programme: Top Institutes 

    Given below are some of the top institutes in India that offer the course:

    NAME OF INSTITUTE CITY AVERAGE ANNUAL FEES
    Indian School of Business Hyderabad INR 30,40,000
    Jamanlal Bajaj Institute of Management Studies Mumbai INR 3,00,000
    ITM Business School Mumbai INR 4,65,000
    Indian School of Business Mohali INR 30,30,000
    IFM Business School Bangalore INR 5,50,000
    School of Inspired Leadership Gurgaon INR 4,49,000
    Indian Institute of Science Department of Management Studies Bangalore INR 35,000
    Amrita Vishwa Vidyapeetham Coimbatore INR 4,95,000
    EMPI Business School Delhi INR 7,40,000
    Galgotias University School of Business Noida INR 87,000

    Management Development Programme: Eligibility

    The minimum eligibility is bachelors degree obtained after completing higher secondary schooling (10+2) or equivalent from a recognized board or institution.

    Management Development Programme: Admission Process

    There are various universities/colleges in India and abroad, that are offering MDP degree programme to the students. The best part of the programme that the graduate in any discipline can get the admission in MDP programme.

    Following are a few entrance tests that are conducted by some of the Management Development Programme colleges in India:

    • Lal Bahadur Shastri Institute of Management Entrance Exam
    • ICFAI Business School Entrance Exam
    • Indian Institute of Management Entrance Exam

    Management Development Programme: Syllabus and Course Description

    A semester- wise breakup of the course’s syllabus is tabulated below.

    Semester I Semester II
    Marketing Management I Accounting for Managers
    Quantitative Methods Business Communication
    Financial Management I Marketing Management II
    Organizational Behaviour Operations Management
    Managerial Economics Financial Management II
    Information Systems for Managers Human Resource Management
    Semester III Semester IV
    Macroeconomics & Bus. Env. Management Control Systems
    Business Research Methods Optional Free Elective I
    Enterprise-wide Information Systems Soft Skills Lab II
    Legal Environment of Business Business Strategy II
    Soft Skills I Business Ethics and Corp. Governance
    Business Strategy I -

    Management Development Programme: Career Prospects

    The scope of the Management Development Programme course is expanding day by day. An MDP is one of the big job oriented professional programme and the most one which has been sought by the candidate. Once you have completed your degree, you have a great job opportunity in the industrial world.

    Candidates may work as manager or executive in term of designation. The management term is most suited to the chiefs and that is the reason it is, where you can reach on the highest point of the stature as quickly as time permits by utilizing your authority and working capability.

    A Management Development Programme professional always plays a vital role in his/her company and this is why he used to keep in touch with the board of directors. No need to specify the companies who recruit the MDP professionals. All sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for an MDP professional.

    Management Development Programme annual salary
    JOB POSITION JOB DESCRIPTION AVERAGE ANNUAL SALARY
    Tourism Manager Tourism officers are in charge of promoting and advertising tourism and devising tourist development initiatives or campaigns with the aim of generating and increasing revenue. INR 3 to 5 Lacs
    Retailing Manager Retail managers are in charge of each aspect of the everyday supervision of retail shops, including staff, sales, stock and resources management. INR 3 to 5 Lacs
    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. INR 4 to 6 Lacs
    Public Relation Officer They are responsible for planning publicity strategies as well as campaigns. They also responsible for writing as well as producing presentations and press releases. INR 2 to 4 Lacs
    Executive Director The Executive Director is in charge of the successful leadership as well as management of the organization as per to the strategic direction set by the Board of Directors. INR 10-12 Lacs

    Management Development Programme : 5 answered questions

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    Ques. How is the IPM program at IIM Rohtak?

    ● Top Answer By Zakia Parween on 04 Nov 20

    Ans. IIM Rohtak is a renowned B-schools of the nation. The IPM program offered by the institute is quite good in terms of academics and placements. Rankings: IIM Rohtak has been ranked 21st for MBA by NIRF 2020. It has also been ranked 20 for MBA by Outlook 2020. In 2019 the institute received the Best Business School Award at the 11th DNA Innovation Education Leadership Awards 2019. Course: IPM is a five-year duration course. The total number of intake students is 150. The applicants interested in applying at IIM Rohtak for IPM must have passed 10+2 qualifications with a minimum of 60% marks. A relaxation of 5% is given to reserved category students. The upper age limit is 20 years. For admissions, The applicant must appear for the IPM aptitude test followed by a Written Ability Test (WAT) and the personal interview. The weightage of the parameters is as follows. Parameter Weightage IPM 50% Personal interview 30% WAT 10% Academics 10% The merit list is made based upon these parameters. Course Fee: The grand total fees for completing IPM at IIM Rohtak is INR 31 lacs. Placements: Indian Institute of Management Rohtak had achieved a 100% placement record for the batch of 2018-20. 86 recruitment companies visited the campus. The highest salary offered was 24 LPA and the average salary offered was 13 LPA. The major recruitment companies included Amazon, Bain capability network, Lenskart, Infosys, etc. According to the 2020 placements, the placement stats at the institute are mentioned below. Category IIM Rohtak Highest placement offered INR 24 LPA Average placement offered INR 13 LPA IPM at IIM Rohtak is a good course to pursue. The applicant can apply and take admissions at IIM Rohtak as per their requirement and budget. The course has enough scope for growth and development in the respective field.Read more
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    Ques. Why is IPM at IIM Indore good?

    ● Top Answer By Supriya Sarkar on 24 Aug 20

    Ans. Integrated Programme in Management (IPM) is a five-year program in management offered by the Indian Institute of Management, Indore (IIM Indore). The program is for class 12th / Higher Secondary or equivalent pass-outs from various schools in India.  The program is first of its kind in India and provides an excellent opportunity to join IIM Indore right after completing high school. Students do not need to appear for CAT to take admission and the competition is low.  IPM is unique due to its well-charted curriculum. IPM imparts the necessary knowledge and skills, not just in management but also in various other subjects. IPM students are offered good placement opportunities. According to the highlights of the placement at  IIM Indore the average CTC offered to the students of the program is around 15-20 LPA.   Read more
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    Ques. What's the secret to cracking the IPM entrance at IIM Indore?

    ● Top Answer By Meghdeepa Mondal on 19 Aug 20

    Ans. There is no secret to crack IPM entrance or IPMAT. It requires consistency and sustained smart work. As per the previous year's trends, scoring 170-180 marks in the exam is considered a decent score for a general category candidate. The following tips will help in effective preparation for IPMAT: Focus on the Basics: Be thorough with the basic concepts of Mathematics from class 6 to class 12, and English Grammar from class 6 to class 10. Revise regularly and practice according to these concepts.. Practice more: Practice all levels of difficulty of questions of each chapter. Focus on strengths and weaknesses.  Follow an effective schedule: The preparation backed by a rigorous schedule will yield high dividends. Mental Calculations: Learn and practice to calculate faster mentally. It works wonders during the exam. Mock Tests: Attempt as many mock tests as you can. Nothing can replace the mock tests in a sound strategy to crack any exam. Practicing mocks gives a much-needed exposure to real-time exam environments with similar questions. Analyze every mock result: This is a crucial step in your preparation. Ensure that you spend at least 3-4 hours qualitatively analyzing each mock in which you appear. Reattempt the paper before looking at solutions. It will help you better understand the question type that you should probably leave or how to solve them correctly and lead to bridging the gap in IPMAT cut-off and your preparation. Don't delay your preparation: Do not wait for your boards to finish kickstarting your IPMAT preparation. Dive into IPMAT preparation right away so that you can keep IPMAT studies aside with no worries during your boards. It is recommended taking sectional tests and mocks regularly. This will keep your preparation and strategy on track.  Read more
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    Ques. What is your opinion about IIM Indore's IPM programme?

    ● Top Answer By Neerendra Singh on 14 Aug 20

    Ans. The IPM programme (Integrated Programme in Management) is the only programme which provides an opportunity for students to join an IIM right after 12th grade. This one of a kind programme was started by IIM Indore in 2011 and 5 batches have graduated ever since. It’s a dual degree programme which offers a BA (Foundations of Management) and an MBA to the participants on successful completion of the BA programme. After the reach and success of this programme, IIM Rohtak also adopted the same programme into their curriculum last year. Given below is a list of the pros and cons of this programme.  Cons: This programme is a relatively new programme and people in the industry have started slowly accepting the programme.  Another Con is that the students miss out on certain placement opportunities which demand work experience as criteria.  Pros: Opportunity to join an IIM right after schooling, though the screening process is hard. Opportunity to get into MBA of IIM Indore without taking the CAT examination. The courses are diverse for the first three years, covering a diverse range from subjects like statistics, humanities and social sciences, Finance, Marketing, Economics topped with a wide array of co-curricular courses to choose from leading to overall personality development of the student. The student learns from the top faculties of IIM Indore during the undergraduate and they are adapted to the teaching pedagogy which makes it a comfortable ride academically for them during the MBA.  IPM programme’s placements are improving over the years and newer domains like operations have started to hire the students of this program apart from marketing, human resources and finance. At IIM Indore there was a 100% placement rate for the IPM program during 2019 placement. The average salary offered increased from 15.16 lakh last year to 17.01 lakhs. While the highest salary package offered was around 89.25 LPA. IPM is one of a kind programme striving to create socially conscious managers and is a great programme to start your business education.Read more
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    Ques. How is life at IPM in IIM Indore?

    ● Top Answer By Patan Nagurvali on 14 Aug 20

    Ans. Life at IPM in IIM Indore is quite hectic. The course curriculum of IPM comprises a large number of diverse subjects which keeps the students busy. The earliest slot for the IPM classes start at 9 am and the last slot for the classes end at 7 pm, and mostly all the slots won’t be filled in a day. The sprawling campus offers amazing scenic views.  A lot of students spend their evenings taking part in the sports facilities available on the campus. IIM Indore has great sports infrastructure for games like basketball, volleyball, squash, table tennis, cricket, football. There are also options for indoor games like snooker, carom. The campus also has a gym and swimming pool. Every Saturday a new movie is screened in the auditorium.  Students also take part in various activities conducted by the Students Activity council and the fests. The student’s activity council consists of Committees like the Academic Affairs Committee, Infrastructure Committee, Student Exchange Committee, etc. The institute has various clubs such as the Social Club, Activity Club, and Entrepreneurship Club. Also, there is a music club, dance club, gaming club, drama club, and so on in which students can take part.  The department organizes two of the biggest fests of IIM Indore, Atharv, a management and cultural fest, and Ranbhoomi, a sports fest. Students learn important life skills like leadership, handling diversity, teamwork, and more by participating in such activities.  Students can participate in a social internship at the end of the 2nd year. There is also an opportunity to participate in the student exchange programme at the end of the third year of the program.   Read more
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    Management Development Programme Fee Structure in India


    10K (Minimum Fee)PUBLIC COLLEGES10K  (Maximum Fee)
    10K (Average Fee)
    10K (Minimum Fee)Private COLLEGES50K (Maximum Fee)
    30K (Average Fee)

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