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    Management Development Institute Scholarship on Basis of 12th Class Marks
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    • Management Development Institute Scholarship on Basis of 12th Class Marks

    Management Development Institute Scholarship on Basis of 12th Class Marks

    Team Careers360Updated on 13 Dec 2021, 03:25 PM IST

    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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