Management Development Institute Scholarship on Basis of 12th Class Marks

Management Development Institute Scholarship on Basis of 12th Class Marks

Edited By Team Careers360 | Updated on Dec 13, 2021 03:25 PM IST | #MDI Gurgaon

Management Development Institute offers MDI scholarships to deserving students from India's Economically Weaker Sections (EWS) in order to provide financial assistance to meritorious students from the country's EWS in order for them to pursue management studies. According to the MDI institute also provides financial assistance based on the students' socioeconomic backgrounds.

The amount of the MDI scholarship is specified in the student's provisional admission letter. The MDI scholarship is available for the duration of the programme; however, it is reviewed by an MDI scholarship review committee each term. In order for the student's MDI scholarship to continue, he or she must maintain the required CGPA.

Every year, a total of ten merit-based MDI scholarships (50 percent tuition waiver) will be awarded to students pursuing two-year full-time PGDM/PGDMHRM/PGDM-IB programmes at MDI Gurgaon.

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Amount of MDI Scholarship

  • An amount equal to half of the two-year tuition fee will be given over the course of the PGDM, and the MDI scholarship is contingent on his/her performance in the PGDM term examinations.


PGDM/PGDM-HRM

PGDM-IB

Tuition Fee

16 lakhs

22 lakhs

Scholarship 50%

8 lakhs

11 lakhs

The MDI Scholarship programme is limited to ten students, as listed below -

Courses

Total Number of Students

PGDM

4

PGDM-HRM

2

PGDM-IB

2

PGDM/PGDM-HRM/PGDM-IB

2 - Female Candidates

The MDI scholarship will have the following financial impact:

Courses

Total number of students

Scholarship amount

Total scholarship amount

PGDM

4

8 Lakhs

32 Lakhs

PGDM-HRM

2

8 Lakhs

16 Lakhs

PGDM-IB

2

11 Lakhs

22 Lakhs

PGDM/PGDM-HRM/PGDM-IB

2 - Female Candidates

8-11 Lakhs

16-22 Lakhs

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MDI Scholarship - Disbursement of scholarships

The fees must be paid in installments by all students, including those who qualify for the MDI scholarship. However, after the MDI Scholarship Selection Committee's recommendation and approval by the Competent Authority, the amount will be credited to the bank accounts of the ten students who qualify for the MDI scholarship.

The MDI scholarship may be disbursed in accordance with the information in the table below -

Courses

After the result of Term - II

After the result of Term - II

After the result of Term - IV

After the result of Term - V

Scholarship Amount

PGDM

2 lakhs

2 lakhs

2 lakhs

2 lakhs

8 lakhs

PGDM-HRM

2 lakhs

2 lakhs

2 lakhs

2 lakhs

8 lakhs

PGDM-IB

2.75 lakhs

2.75 lakhs

2.75 lakhs

2.75 lakhs

11 lakhs

MDI Scholarship - Selection Procedure

  • Since the students are in Term-I, the CGPA of Term I and Term II should be greater than 6.0, which will be considered for the MDI scholarship for eligible candidates.

  • Based on genuine documents submitted by the candidates to the GP office, the parents' income of the eligible candidates should not be more than Rs.8.0 lakhs* per annum (Economically Weaker Section).

  • In the event of a tie, the absolute score of the specific students' courses (Term-I & Term-II) will be considered.

  • To keep the MDI scholarship, the awardee must maintain a CGPA of at least 6.0 in each term. In the event of poor performance, i.e. a CGPA less than 6.0 in any term, there will be no MDI scholarship in the following term. However, after achieving a CGPA of 6.0 or higher, the MDI scholarship will be reinstated in the following term.

MDI Scholarship - Procedure for applying

The GP office will post the circular for the MDI scholarship on the website at the time of admission. All eligible students may apply for the MDI scholarship. The Scholarship Selection Committee, composed of the Dean (GP), Program Chairpersons, and two (2) Faculty members nominated by the Director, will select awardees following the announcement of the Term-II results.

MDI Scholarship - Terms & Conditions

  • The MDI scholarship awarded under this scheme is contingent on the candidate's good academic performance (minimum 6 CGPA) and good behavioural conduct as outlined in the student handbook.

  • The Institute's decision in all matters, including selection and continuation/cancellation of the MDI scholarship, will be final.

  • Any candidate who has received a scholarship from another source is ineligible for this scholarship, which means that no candidate may receive two or more scholarships at the same time. The above scholarship scheme will be updated as needed by the Institute.

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Hello,

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Thank you

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Hey Nikhil,

Hope you are doing well !

To answer your question, NO. All the students of premier B-schools in India do not have the above criteria. Though they are preferred, but what all the students have is a good profile, with good academics, and good co-curricular and extra-curricular.

Also, having work-ex is not mandatory, though it would help you is B-schools.

Hope my answer helped you. Please let me know in case of any further queries.

Hey Shivang,

Hope you are doing well !

To be honest, it seems that you have a decent profile, and obviously your active participation in sports is a boon in your Resume.

But your CAT score and GD-PI play a major part in the interview process.

Considering you score a 94+ percentile, and have a decent GD-PI round, I hope that you have good chances of converting MDI.

Hope my answer was helpful.

Wish you Best of Luck!

Hello Ram,

Hope you are doing well !

In answer to your question, I think that you have a pretty good chance to get in the top IIM's, and the premier B-schools in India. Though, your CAT score and your performance in GD-PI play a pretty important role in the process.

Other than that, I think that you have a pretty decent profile.

Hope my answer was helpful.

Wish you Best of Luck !

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