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MBA in International Management

Experiences shared by Exchange Students and International Faculty about MDI and India

Post Graduate Programme in International Management (PGP-IM)

The primary objective of the PGP-IM is to provide students with the ability to look at this bigger picture and the associated dynamics. This programme prepares managers and future leaders to develop a global mindset so as to enable to appreciate global economic, political, legal and cultural realities, build networks across geographies, and live and work across cultures.

In the later half of the last decade, possibly for the first time after the Great Depression, the world at large and its economies of varying proportions came to terms with their vulnerabilities to economic forces. Globalization, competition, greed, irrational fear – you name it and it has been arraigned as the cause. It’s a no brainer that managers of today need to be equipped with contextual abilities and skills to perform effectively across markets that span vast geographies. Also, imperceptibly but surely, terms such as competition, market share grab and profit maximization are yielding to co-opetition, maximization of collective value and sustainability.

Regardless of the size of a company, the scale of operations, or the industry, globalization is no longer an option but a strategic imperative. Opportunely, the complexion of internalization in India has moved beyond mere imports and exports or the entry of foreign companies into the Indian markets. Indian companies are a force to reckon with in the international arena.

The Post Graduate Programme in International Management, launched by MDI in 2006, was the first of its kind in India. The programme is currently offered under an arrangement with ESCP Europe Business School, which has been ranked 2nd in Europe by the Financial Times in the year 2018. MDI is looking to add to the list of partnerships in order to offer its students greater choice of place of study.

The PGP-IM is a dual degree programme delivered partly in India (MDI Gurgaon) and partly in Europe (ESCP Europe campuses). The first phase of the programme is delivered at the MDI campus in Gurgaon, while the second phase to be delivered in ESCP Europe at the Paris, Berlin, Madrid, London* campuses(*if they have a tier-four visa)(English Track). The students will earn another degree Master in Management(MIM) offered by the partner institute ESCP Europe on completion of a minimum number of credits and fulfilment of other conditions.

For Post Graduate Programme in International Management (PGPIM) of MDI Gurgaon and Master in Management Programme (MIM) of ESCP Europe the applicant must have:

  • 50 % marks or equivalent CGPA in both class X & XII;
  • 4-year's Bachelor's degree with at least 50% marks or equivalent CGPA;
  • A minimum of one-year of work experience post-qualification(4-year's Bachelor's degree) on the last date of application;
  • Motivation to get an International academic, personal experience;
  • Motivation to get to know people from other cultures, study and work together; and
  • English language proficiency.

As a part of the programme the students carry out industry internships, predominantly in Europe. Living and working overseas make the students understand and appreciate other cultures and develop global mindsets.

Recognition

On successful completion of the Programme requirements, a student is awarded a Post Graduate Diploma in Management (International Management) PGDM(IM), which has the approval of the All India Council for Technical Education (AICTE), Government of India and is recognized by the Association of Indian Universities (AIU) as equivalent to an MBA degree awarded by an Indian University

About ESCP Europe – Partner School for PGP-IM

Established in 1819, ESCP Europe is the oldest business school in the world. Its mission is to develop the next generation of transnational business leaders, preparing them to embrace the opportunities offered by cultural diversity. With its six urban campuses in Berlin, London, Madrid, Paris, Turin and Warsaw, ESCP Europe’s true European Identity enables the provision of a unique style of cross-cultural business education and a Global Perspective on international management issues.

Through a combination of innovative pedagogy, crosscampus programmes and a research-active Faculty, ESCP Europe is a major contributor to the development of the transnational management culture so essential in today’s global business environment.

Our network of 120 partner universities extends the School’s reach from European to worldwide.

Triple-crown accredited (AACSB, EQUIS, AMBA), ESCP Europe welcomes 4,600 students and 5,000 executives representing 100 different nationalities every year, offering them a wide range of general management and specialised programmes (Bachelor, Master, MBA, Executive MBA, PhD and Executive Education).

The School’s 50,000-strong alumni network includes members of 200 nationalities. Together with its long-standing relationships with national and multinational companies, this network allows ESCP Europe to provide unique career opportunities on an international scale.

Six 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 qualifies the applicants for the Master in Management to suit their individual preferences. With extensive campus facilities and over 50 active students’ clubs and associations, a strong sense of school spirit and community prevail.

BERLIN: The Berlin campus is situated in the western part of the city centre, near the Charlottenburg Palace and its splendid gardens. Berlin is a fast-growing city characterised by a rich multifaceted economic structure and culture.

LONDON: Located in West Hampstead in northwest London, this campus offers students state-of-the-art facilities in a traditional Victorian building.

MADRID: Located only a couple of metres away from the National Park of Monte de El Pardo, the Madrid campus is an ideal place for students to focus on their professional development.

PARIS: The Paris campuses are conveniently located in the centre of the city. The campuses enjoy easy access to all of the Capital’s major business districts. Turin The Turin campus is located in a beautiful building with modern facilities. Turin is one of the main business centres of the Italian economy and home to many architectural masterpieces.

WARSAW: The campus is based at Kozminski University, located in Warsaw’s northeast district of Praga Północ. It is one of the city’s most historic neighbourhoods.

Programme Objective

The key objective of the programme is 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

Program Learning Goals (LGs) and Learning Objectives (LOs)

LG1: Value Based Education

  • LO1. Be able to identify and describe issues relating to values and ethics and their impact on stakeholders.

LG2: Global Management Perspective

  • LO1. Be able to identify and describe global management issues related to policies, culture, cross border trade, competition, customer, suppliers, people management practices, global markets, etc.
  • LO2. Be able to analyze impact of global management issues (as opposed to the domestic environment) and their impact on management decisions.

LG3: Analytical and Integrative Thinking

  • LO1. Be able to identify symptoms and key factors of a business problem. Clearly define a business problem using key facts.
  • LO2. Be able to critically analyze the identified business problem using analytical techniques, models, or frameworks in order to integrate different aspects of business.
  • LO3. Be able to propose potential alternative solutions, evaluate them and recommend an appropriate solution.

LG4: Team Building and Communication

  • LO1: Be able to identify, describe and analyze group members’ views in management context, leverage differing opinions of the group members for effective synergy and achieving the group objectives.
  • LO2. Be able to identify and communicate issues/views at an individual or group level through oral/written/non-verbal modes in a management context.

LG5: Managing Diversity Across Cultures

  • LO1: Be able to identify and describe various diversity traits across cultures in order to understand an unfamiliar business situation.
  • LO2. Be able to analyze an unfamiliar business situation, and propose alternative courses of action in the context.

Pedagogy

Several pedagogical tools such as case studies, simulations, lectures, discussions and role plays are employed for the classroom teaching. Direct exposure to workplace realities is provided through consultancy assignments and internships in the corporate sector. An integrated batch of ESCP Europe students and MDI students attend the programme. Close interactions of this kind develop understanding, appreciation and tolerance of differences across cultures and the skills to work globally.

Programme Structure

The Dual Degree Programme; Post Graduate Programme in International Management(PGP-IM) of MDI Gurgaon and Master in Management(MIM) of ESCP Europe is spread over two years:

  • The Term I, II & VI (equivalent to Semester 1 & 4 of ESCP Europe, MIM Programme) are delivered at the MDI, Gurgaon campus. The focus during the first two terms is to provide basic inputs in qualitative and quantitative domains and develop analytical, integrative and communication skills.
  • Term III, IV & V (equivalent to Semester-2 & 3 of MIM Programme of ESCP Europe) are delivered at ESCP Europe on one of the allocated locations - Paris, Berlin, Madrid, London* campuses(*if they have a tier-four visa). In semesters 2 & 3 the focus is given on International Management perspective to the students including the company Internship to provide in-company exposure in a global context.

Master in Management (MIM) Degree Requirements:

  • The Dual Degree students need to validate 120 ECTS in total including the courses taken at MDI Gurgaon;
  • Dissertation (Final Thesis) either at MDI Gurgaon or at ESCP Europe; and
  • The Dual Degree students need to validate 40 weeks of work experience(in two countries, for example: in India and any European country)

Award of Diploma / Degree

On successful completion of the programme requirements, a student is awarded a Post Graduate Diploma in Management (International Management) PGDM (IM) from MDI Gurgaon and Master in Management (MIM) from ESCP Europe.

Note:

  • MDI reserves the right to make any changes to the design of the programme.
  • The Dual Degree Programme PGP-IM of MDI Gurgaon and MIM of ESCP Europe is subject to regulatory approvals, alternately it will be conducted entirely by MDI Gurgaon
  • Students do not have to pay any tuition fee at ESCP Europe location, if they finish their academic requirements in one year. However students have to bear visa fee, visa assistance fee, social security, travel cost, daily living cost, lodging & boarding, purchase of books and learning material at ESCP Europe.
  • Students must be covered for health insurance(medical costs, hospitalization) and personal insurance(civil liability, individual accident, repatriation) for their entire duration of their exchange at ESCP Europe.
  • ESCP Europe will assist students by providing information about the availability of accommodation. However, students will have to make final arrangements on their own. Cost of stay in Europe is approximately Euros 800-1000 per month.
  • Students are advised to possess a current valid passport (valid for at least one year) at the time of joining the institute.