Content Curator | Updated on - Mar 31, 2026

The Post Graduate Diploma in Management - International Business (PGDM-IB) at MDI Gurgaon is a prestigious two-year full-time dual degree programme offered in collaboration with two globally ranked French business schools - emlyon business school (ranked 11th in FT European Business School Rankings 2024) and ESCP Business School (ranked 5th). The programme is designed to develop globally competent managers with a strong international business orientation. The total fee for the 2026-28 batch is Rs 32,54,000, with a seat intake of 114 students. Admission is through CAT 2025 scores, and the programme is offered in full-time on-campus mode, with a mandatory international study component in Europe. The PGDM-IB is one of the most unique management programmes in India, combining the rigour of MDI Gurgaon's curriculum with the global exposure of a European business school education.

Admissions for the 2026-28 batch are currently ongoing. Applications closed on November 28, 2025. The WAT-GD-PI rounds are being conducted between February and April 2026, and final results are expected by end of April 2026. The programme commences in the first week of August 2026.

Key Points

PGDM-IB is a dual degree programme - students earn both the PGDM-IB from MDI Gurgaon and a Master in Management (MIM) degree from either emlyon business school or ESCP Business School, France.
Students spend two semesters (approximately one year) at their allocated European partner institution - no tuition fees are charged at the partner institution.
The international component includes a mandatory industry internship, primarily based in Europe.
Students are allocated to either emlyon business school (Lyon, France) or ESCP Business School (campuses in Paris, Berlin, Madrid, Turin, Warsaw, and London) through a randomised selection process.
Minimum 1 year of post-qualification work experience (after a 4-year bachelor's degree) is mandatory for PGDM-IB applicants.
Candidates with a 3-year bachelor's degree are NOT eligible for PGDM-IB.
Students are responsible for their own living expenses, travel, visa, and insurance costs during the European study component.

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MDI Gurgaon PGDM-IB Fees

The total fee for the PGDM-IB 2026-28 batch at MDI Gurgaon is Rs 32,54,000, which covers tuition, boarding, lodging, learning material, library, student activities, alumni fee, and a refundable security deposit for the full two-year programme. The tuition fee alone is Rs 26,00,000 for the entire programme. Note that living expenses, travel, visa, and insurance costs during the European study component are additional and borne by the student.

Fee Components

Fee Component	Total (2 Years) (Rs)
Tuition Fees	26,00,000
Boarding Charges (Mess)	1,52,000
Lodging Charges (Hostel)	1,88,000
Learning Material Fees	1,34,000
Student Activities Fee	62,500
Library Fee	75,000
Alumni Fee	15,000
Security Deposit	27,500
Total Fees	32,54,000

Security Deposit of Rs 27,500 is refundable at the end of the programme.
NRI students are charged USD 47,387 for the full programme.
Fee instalment schedule: Rs 6,00,000 at the time of admission (April-July 2026); Rs 16,54,000 between September 15-25, 2026; Rs 10,00,000 between November 1-15, 2026.
Living expenses, travel, visa fees, social security contributions, and insurance during the European study component are additional costs borne by the student.
No tuition fees are charged at the partner European institution, provided the student completes academic requirements within one year.
MDI reserves the right to revise fees during the academic year with prior notice.

MDI Gurgaon PGDM-IB Admission 2026

Admissions to the PGDM-IB 2026-28 batch at MDI Gurgaon are based on CAT 2025 scores for Indian candidates. The application window closed on November 28, 2025, and the WAT-GD-PI process is currently underway (February to April 2026). Final results are expected by end of April 2026, with the programme commencing in the first week of August 2026.

MDI Gurgaon PGDM-IB Admission Dates

Event	Date
CAT 2025 Registration Opens	August 1, 2025
CAT 2025 Registration Closes	September 13, 2025
MDI Online Application Opens	September 25, 2025
MDI Online Application Closes	November 28, 2025
CAT 2025 Exam Date	November 30, 2025
WAT-GD-PI Rounds	February to April 2026
Final Results Declaration	End of April 2026
Fee Payment (1st Instalment)	April to July 2026
Programme Commencement	1st week of August 2026

Entrance Exam Dates

Exam	Key Date	Details
CAT 2025	November 30, 2025	Primary exam; mandatory for Indian applicants
CAT 2025 Result	December 24, 2025	Score valid for 2026-28 admissions
GMAT	Year-round	Valid for NRI applicants only

Indian candidates cannot apply on the basis of GMAT scores. Only NRI applicants may use GMAT scores.

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Minimum 50% marks or equivalent CGPA in both Class X and Class XII.
Bachelor's degree of minimum 4 years duration with at least 50% marks or equivalent CGPA in any discipline from a recognised university. Candidates with a 3-year bachelor's degree are NOT eligible.
Minimum 1 year of post-qualification work experience as on January 31, 2026, after completion of a minimum 4-year bachelor's degree.

Admission Process

Register and fill the online application form on the MDI website; application fee is Rs 3,000 (inclusive of GST).
Shortlisting for WAT-GD-PI is based on CAT 2025 scores and application details.
Shortlisted candidates appear for Written Analysis Test (WAT), Group Discussion (GD), and Personal Interview (PI) at centres in Bengaluru, Gurugram, Kolkata, Hyderabad, or Mumbai.
Final selection is based on a composite score including CAT score, work experience, WAT-GD-PI performance, academic merit, academic diversity, and social diversity.
Successful candidates receive provisional admission offer in April 2026 and must pay the first instalment to confirm their seat.
Students are allocated to either emlyon business school or ESCP Business School through a randomised process after joining.

MDI Gurgaon: Students' Opinion

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The admission process for MDI involves clearing the CAT exam with a minimum 96 percentile, without sectional cut-offs but requiring 90+ in each section. The selection process typically includes Group Discussion, Personal Interview, and Written Ability Test, recently conducted online due to Covid-19. The GD often covers current affairs, while the PI explores personal backgrounds and technical topics. The program fee is approximately 35 lakhs, including 25 lakhs for tuition and 10 lakhs for an international stay.

PGPM and HR programs cost around 19-20 lakhs, while the IB program is about 25 lakhs. Scholarships are available, with 50,000 INR for PGPM students, but none for IB. MDI boasts 100% placement rates, with an average salary package of 23.15 LPA and a median of 22 LPA. Approximately 130 companies, including McKinsey, BCG, and Deloitte, recruit for various roles. Summer internships average a stipend of 2.3 lakhs, with the highest reaching 3 lakhs.

The IB program offers internships in Europe, with potential PPOs and PPIs based on performance. Scholarships of 10,000 INR are awarded to the top five students annually, along with international scholarships for exchange programs. The PGP-IB program costs around 25 lakhs, covering academic fees and living expenses, with the flagship management and HR programs priced at approximately 21 lakhs. The PGP-IB includes a one-year stay at ESCP Europe, offering dual degrees.

Scholarships are available for meritorious but financially weaker students, with financial support from banks. Fees are split into three installments, and students cover European internship expenses. Recommendations include covering VISA and travel costs.

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MDI Gurgaon PGDM-IB Scholarships 2026

MDI Gurgaon offers scholarships for PGDM-IB students to support academic excellence and financial inclusion. The scholarships are the same as those available across MDI's full-time programmes, with specific merit scholarships for PGDM-IB students.

Scholarship Details

Scholarship	Eligibility	Amount
Merit Scholarships	Top 3 students of the PGDM-IB batch (by CGPA at end of 2nd year)	Rs 40,000 each
O.P. Jindal Scholarship	Second-year students (merit-based)	Rs 1,50,000
Merit-cum-Means Scholarship	Students from Economically Weaker Sections (EWS)	50% waiver on tuition fees (12 students across all full-time programmes)
AICTE Tuition Fee Waiver	As per AICTE guidelines (up to 5% over approved intake)	Tuition fee waiver

The Merit-cum-Means Scholarship covers 12 students per batch across all full-time programmes (PGDM, PGDM-HRM, PGDM-IB, PGDM-Business Analytics) with a 50% tuition fee waiver.
The O.P. Jindal Scholarship is awarded in the second year based on academic performance.
Students should apply for scholarships as per the deadlines communicated by MDI at the time of admission.

MDI Gurgaon PGDM-IB Placement 2026

MDI Gurgaon's PGDM-IB programme delivers strong placement outcomes, with the 2023-25 batch seeing 114 students placed across leading global and Indian firms. The programme's international exposure makes graduates particularly attractive for roles in consulting, BFSI, and general management with global mandates.

Placement Metrics

Placement Metric	PGDM-IB (2023-25)
Average CTC (Entire Batch)	Rs 24.14 LPA
Median CTC (Entire Batch)	Rs 22.50 LPA
Average CTC (Top 10 Percentile)	Rs 39.87 LPA
Average CTC (Top 25 Percentile)	Rs 34.09 LPA
Average CTC (Top 50 Percentile)	Rs 29.93 LPA
Total Students Placed	114

Key recruiters include McKinsey & Company, Goldman Sachs, JPMorgan Chase, Accenture Strategy, Deloitte, Boston Consulting Group, Aditya Birla Group, Reliance Industries, Amazon, Airtel, and many more. The PGDM-IB programme's dual degree and European exposure make graduates well-suited for international business roles, consulting, and cross-border management positions.

MDI Gurgaon PGDM International Business Ranking

Outlook Ranking

#2 out of 200 in Top Private Colleges in India 2026

QS Ranking

#301 out of 301 in International 2026

Financial Times Ranking

#61 out of 95 in International 2026

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MDI Gurgaon PGDM-IB FAQs

Ques. What makes PGDM-IB different from the regular PGDM at MDI Gurgaon?

Ans. The PGDM-IB is a dual degree programme where students earn both the PGDM-IB from MDI Gurgaon and a Master in Management (MIM) degree from either emlyon business school or ESCP Business School in France. It includes a mandatory one-year international study component in Europe with an industry internship. The regular PGDM is a purely India-based programme without the international degree component.

Ques. Is work experience mandatory for PGDM-IB at MDI Gurgaon?

Ans. Yes, unlike the regular PGDM, the PGDM-IB requires a minimum of 1 year of post-qualification work experience as on January 31, 2026. Additionally, candidates must have completed a minimum 4-year bachelor's degree. Candidates with a 3-year bachelor's degree are not eligible for PGDM-IB.

Ques. Do students get to choose between emlyon business school and ESCP Business School?

Ans. No, the allocation to either emlyon business school or ESCP Business School is done through a randomised selection process. Students do not get to choose their partner institution. Both are globally ranked institutions - ESCP is ranked 5th and emlyon is ranked 11th in the FT European Business School Rankings 2024.

Ques. What are the additional costs beyond the Rs 32,54,000 fee for PGDM-IB?

Ans. The Rs 32,54,000 covers only the MDI Gurgaon component. During the European study period (approximately one year), students must bear their own costs for visa fees, visa assistance charges, social security contributions, travel expenses, daily living costs, lodging and boarding in Europe, books, and comprehensive health and personal insurance. These costs can vary significantly depending on the city and lifestyle but are typically estimated at EUR 12,000-18,000 per year in Europe.

Ques. What is the placement profile of PGDM-IB graduates compared to regular PGDM?

Ans. For the 2023-25 batch, PGDM-IB graduates had an average CTC of Rs 24.14 LPA compared to Rs 26.20 LPA for PGDM graduates. However, PGDM-IB graduates are particularly sought after for roles with international exposure, global consulting mandates, and cross-border business roles. Many alumni have gone on to work with global firms like McKinsey, Boeing, Google, and Darwinbox in international capacities.

Ques. Can a student with a 3-year engineering or commerce degree apply for PGDM-IB?

Ans. No. The PGDM-IB programme specifically requires a minimum 4-year bachelor's degree. Candidates with a 3-year bachelor's degree (including 3-year B.Com, B.Sc, or B.A.) are explicitly not eligible for PGDM-IB. Only candidates with 4-year degrees such as B.Tech, B.E., B.Arch, or integrated programmes of 4 years or more are eligible, provided they also have at least 1 year of post-qualification work experience.

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Fees and Financial Aid:

We need to pay a total fee of INR 25,00,000 including the academic fees at both MDI and ESCP Europe and this includes the hostel and mess charges as well (which we will pay on a pro-rata basis, as and when we move to the campus). There are 2 scholarship schemes on the campus for meritorious, yet financially weaker students and are awarded to around 10 students each year.

O.P. Jindal scholarship of INR 1,50,000 for second-year students. At the end of the second year, MDI awards five merit scholarships of INR 10, 000/- each to the top five students. A number of international scholarships are available for the students of MDI who go on the exchange programme to MDI’s partner Universities/Business Schools. For example Sciences Po Lille, Lille, University of Maribor, NUCB Business School, Japan, etc.

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