What should I choose MDI Murshidabad or IMI Kolkata or IMT Nagpur?

28 Oct 2023 4654 views
What should I choose MDI Murshidabad or IMI Kolkata or IMT Nagpur

It can be challenging for a management graduate to compare or choose among elite B-schools. Three of India's most renowned management education institutions are MDI Murshidabad, IMI Kolkata, and IMT Nagpur.

The following metric is used to compare MDI Murshidabad, IMI Kolkata, and IMT Nagpur:

 

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Campus Location

  •  MDI Murshidabad is a beautiful privately owned campus featuring cutting edge facilities and students of all backgrounds. Situated in the northern region of India's West Bengal state, in Murshidabad. Jangipur and Moregram Railway Stations are the closest stations.
  • IMI-Kolkata campus is centrally located in the Kolkata city and equipped with state-of-the-art infrastructural, academic and residential facilities. Institute is located at 2/4C, Judges Court Road, Alipur, Kolkata, West Bengal.
  • The Institute of Management Technology, Nagpur, also known as IMT Nagpur, is a private business school located in Nagpur, Maharashtra, India. The nearest metro station is Metpanjra Railway Station which is located 18.1 km while the nearest bus stop is Bhramhani Phata Bus Stop at a distance of 12.7 km.

History

  • MDI Murshidabad, an extension of the prestigious Management Development Institute (MDI) in India, was inaugurated on August 24, 2014. It was established to cater to the growing demand for quality management education in eastern India. With state-of-the-art infrastructure and a commitment to research, MDI Murshidabad is dedicated to nurturing future business leaders in the region.      
  • The International Management Institute (IMI) Kolkata is a prominent business school in India. Established in 2010, it is an extension of the prestigious IMI Delhi. IMI Kolkata was founded to provide quality management education in the eastern part of India. The institute is known for its innovative programs, experienced faculty, and strong industry connections.
  • Established in 2004, IMT Nagpur is one of the premier management institutions in India. It is part of the IMT Group of Institutions, known for its excellence in business education. IMT Nagpur was founded to meet the growing demand for quality management education in central India. Over the years, IMT Nagpur has gained recognition for its academic rigor, research, and industry collaborations, contributing to the development of business leaders in the region.

Campus Area

  • The MDI Murshidabad campus is spread across 10 acres. The campus is one of the most modern campuses in the country. The Murshidabad campus is equipped with state-of-the-art, technologically robust infrastructure, which includes resource centers and sports facilities. The spacious and scientifically designed student hostel has the capacity to accommodate nearly 400 students
  • International Management Institute Kolkata is spread over 3 acres. The IMI campus is centrally situated in the city and consists of state-of-the-art infrastructural, academic, management, and residential facilities. IMI Kolkata Ensures the safety of the student as well as looks after their welfare and requirements.
  • The IMT Nagpur campus area is spread over 27 acres. IMT Nagpur has a library, classrooms, hostel, dining facility, sports facilities, etc. Some highlighting features of the Institute of Management Technology Nagpur infrastructure are Learning Resource Center, IT Infrastructure, Dining Facility, Hostel, Canteen, Gymnasium, Sports Facilities and other facilities.

Seat Matrix

  • MDI Murshidabad offers 180 seats for its PGDM/MBA programs. Accepted exams: CAT or GMAT.  
  • IMI Kolkata offers 180 seats for its PGDM/MBA programs. Accepted exams: CAT, XAT, CMAT, GMAT.
  • IMT Nagpur offers 360 seats for its PGDM programme. Accepted exams: CAT, XAT, CMAT, GMAT.

Fees

  • MDI Murshidabad overall programme fees cost around 11 lakhs       
  • The total fees for IMI Kolkata MBA program is INR 13 Lakhs.
  • The fees for the post graduate Diploma in Management [PGDM] program at Institute of Management Technology (IMT), Nagpur is INR 823,000 for the first year. The total fees (including hostel and mess) for PGDM 2024-26 is 14.5 Lakhs INR.

Cut Off

  • The minimum overall and sectional cutoffs needed for admission to MDI Murshidabad will remain 85 percentile and 90 percentile, respectively.       
  • Although IMI Kolkata has no specific cut-off, a percentile of 80 per cent or above in CAT/XAT/CMAT exams is generally the cut-off required to get successful admission into the institute. The general cutoff trend shows a score of 650 or above in GMAT for the same. 
  • According to the recent trends, the required CAT cutoff for IMT Nagpur is around 85 percentile.   


Placements

  • According to the MDI Murshidabad placement data 2023 provided, the total number of recruiters including new recruiters participated in the campus placement drive is 88. MDI placement average salary package is Rs. 12,67,000. Whereas, the MDI Murshidabad placement highest salary package is Rs. 20,00,000. Some of the top recruiters that participate in the MDI Murshidabad placement drive are Airtel, Havells, TVS, Infosys, TCS, TATA Steel, Tech Mahindra and many more. 
  • According to the IMI Kolkata placement data 2023 provided, the total number of recruiters including new recruiters participated in the campus placement drive is 79+. The average salary of IMI Kolkata placement stood at INR 10.45 LPA. whereas, the IMI Kolkata placement highest salary offered was INR 14 LPA. ICICI Bank Limited, KPMG Global Services, Deloitte, PwC Acceleration Centers, and many more. 
  • According to the IMT Nagpur placement data 2023 provided, the highest package of the IMT Nagpur placement offered was INR 20.14 LPA and the average package stood at INR 10.81 LPA. Some of the top recruiters included Capegemini, KPMG, Wipro, Cognizant, Barclays, Deloitte, E&Y, Schneider, etc.

Accreditation

  • MDI is the first business school in India with international accreditation from the Association of MBAs (AMBA) in the United Kingdom in addition to an A-grade accreditation for their flagship academic program, the Postgraduate Diploma in Management (PGDM), awarded by the National Board of Accreditation (NBA) of All India Council for Technical Education (AICTE).
  • International Management Institute Kolkata is approved and recognized by All India Council for Technical Education (AICTE), Ministry of HRD, Government of India .The flagship programme “Post Graduate Diploma in Management” of IMI Kolkata is accredited by National Board of Accreditation (NBA), Ministry of HRD. IMI Kolkata accredited by AMBA for five years (2022-2027)
  • The Institute of Management Technology (IMT), Nagpur has been accredited by the All India Council for Technical Education (AICTE), NBA (National Board of Accreditation), Association of Indian Universities (AIU) and SAQS. IMT Nagpur is a member of the AACSB and AMDISA. IMT, Nagpur was established in 2004.     

Rankings

  • MDI Murshidabad Ranking in India, The National Institutional Ranking Framework or NIRF ranked Management Development Institute 12th out of 150 B- seminaries. 
  • IMI Kolkata Ranking was 70th out of 125 colleges in management category under NIRF Ranking 2023, 63rd out of 272 colleges in India in the India Today Ranking 2023 and 31st out of 120 colleges in India in the IIRF Ranking 2023. 
  • IMT Nagpur Ranking was 101 out of 125 colleges in management category under NIRF Ranking 2023, 44 out of 272 colleges in India in the India Today Ranking 2023.      

Specialization

  • MDI Murshidabad offers a two year Post Graduate Diploma in Management (PGDM) with four specializations:
  1. Finance 
  2. Human Resource Management
  3. Marketing Management  
  4. Supply Chain Management.
  • IMI Kolkata offers following options of specializations for its PGDM programme:
  1. Economics, Strategy & Business
  2. Finance
  3. Marketing
  4. Information Systems & Operations Management
  5. OB & HR
  •      IMT NAGPUR offers a full-time two years Post Graduate Diploma in Management (PGDM) residential programme equivalent to MBA in various specializations such as
  1. Marketing
  2. IT Management
  3. Operations Management 
  4. Business Analytics 
  5. HR & OB, 
  6. Economics and Finance  

Get My University Analysis

One of the main factors influencing a candidate's choice of business school is the expected salary after earning an MBA. Management education is not inexpensive, so it's crucial for applicants to consider an institution's return on investment (ROI). Based on data we observed, the ROI of MDI Murshidabad is significantly higher than that of IMI Kolkata and IMT Nagpur, and students ranked MDI Murshidabad first, IMI Kolkata second, and IMT Nagpur third in their reviews. The fact that MDI Murshidabad is a recently established institution is its only drawback.

In summary, MDI Murshidabad, IMI Kolkata and IMT Nagpur are reputable institutions that offer a variety of management programs, have experienced faculty, excellent placement histories, and vibrant alumni networks.

An MBA aspirant should take into account parameters like program specializations, location preferences, and your individual goals and interests. To make an informed choice, you must visit the campus and talk to the existing students. 

 

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