MDI Gurgaon Scholarship 2025

Gurgaon, HaryanaEstd 1972
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Collegedunia Team

Content Curator | Updated 3+ months ago

MDI Scholarship is provided to students from PGDM/MBA courses enrolled in different specializations. MDI Gurgaon has launched a scholarship program for giving financial help to meritorious students. MDI Gurgaon is a private business school in India established in the year 1973. MDI Gurgaon scholarships range between INR 8,00,000 to INR 22,00,000. Given below are the MDI Gurgaon scholarships:

  • AICTE Tuition Fee Waiver (TFW) Scholarship
  • Merit cum Means Scholarship

Check More: MDI Gurgaon Admission


MDI Gurgaon AICTE Tuition Fee Waiver Scholarship

MDI Gurgaon AICTE Tuition Fee Waiver (TFW) scheme is applicable for the first-year students of PGDM and PGDM-HRM programs. There are a maximum of 15 scholarships available for the PGDM students and 6 scholarships for the PGDM HRM students at MDI Gurgaon. A 100% MDI scholarship is given to the candidate based on merit in the admission rank. The annual family income should not be more than INR 8,00,000 for availing of the AICTE Tuition Fee Waiver scholarship at MDI Gurgaon. Any one of the following certificates should be submitted by the student during the program for applying to the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) Scheme. 

  • Family income certificate issued by any Government Revenue Authority
  • Economically Weaker Section (EWS) Certificate
  • Non-Creamy Layer certificate issued by a Government body 

The number of candidates for the MDI Gurgaon scholarship will be considered on the basis of approved intake and admission rank. A total of 20 students availed of the MDI Gurgaon AICTE scholarship from the batch 2022-24 where an amount worth INR 3,52,00,000 was waived off as a 100% tuition fee waiver.

Check More: MDI Gurgaon Courses & Fees


MDI Gurgaon Merit cum Means Scholarship

MDI Gurgaon Merit cum Means Scholarship is granted to a total of 10 students with a 50% waiver of tuition fees. This scholarship is available for the students enrolled in the full-time 2-year program which includes the PGDM/PGDM- HRM/PGDM-IB courses at MDI Gurgaon. The scholarship is linked with the applicant’s performance in semester examinations. The annual family income must be up to INR 8,00,000 to avail of the MDI Gurgaon Merit cum Means Scholarship. 

The following amount will be provided to the students:

Particulars PGDM/PGDM-HRM PGDM-IB
Tuition Fees  INR 16,00,000 INR 22,00,000
Scholarship 50%  INR 8,00,000 INR 11,00,000 

Only 10 students can avail of the MDI Gurgaon Merit-cum-Means scholarship as listed below:

Program  Total number of Students 
PGDM  4
PGDM-HRM 2
PGDM-IB  2
PGDM/PGDM-HRM/PGDM-IB 2 - Female Candidates 

The monetary outcome of the MDI Gurgaon Merit-cum-Means scholarship is as follows:

Program  Total Number of students  Scholarship Amount  Total Scholarship Amount 
PGDM  4 INR 8,00,000 INR 32,00,000
PGDM-HRM 2 INR 8,00,000 INR 16,00,000
PGDM-IB  2 INR 11,00,000 INR 22,00,000
PGDM/PGDM-HRM/PGDM-IB 2 - Female Candidates  INR 8,00,000 - INR 11,00,000  INR 16,00,000 - INR 22,00,000

After the approval by the Scholarship Selection Committee and the Competent Authority, the amount of the scholarship will be credited to the candidate’s bank account.

The details regarding the disbursement of the MDI scholarship are as follows:

Particulars PGDM PGDM-HRM  PGDM-IB 
After the Result of Term II INR 2,00,000 INR 2,00,000 INR 2,75,000
After the Result of Term-III INR 2,00,000 INR 2,00,000 INR 2,75,000
After the Result of Term-IV  INR 2,00,000 INR 2,00,000 INR 2,75,000
After the Result of Term-V  INR 2,00,000 INR 2,00,000 INR 2,75,000
Scholarship Amount  INR 8,00,000 INR 8,00,000 INR 11,00,000

MDI Gurgaon Merit cum Means Scholarship Guidelines

The aspiring candidates of the MDI Gurgaon Merit cum Means scholarship have to fulfill the below-mentioned criteria for securing this scholarship.

  • Candidates securing a CGPA above 6.0 in Term I & Term II are eligible for this scholarship scheme. 
  • The annual family income must be up to INR 8,00,000. 
  • For the continuation and renewal of this scholarship in the subsequent year, a candidate must maintain at least 6 CGPA. 
  • GP office will release the circular for the scholarship at the time of admission. 
  • The Scholarship Selection Committee will comprise the Dean (GP), Programme Chairpersons, and two (2) Faculty members nominated by the Director.
  • The selection of the candidate will be done after the declaration of Term II results. 
  • The grant of the scholarship will depend on good academic records & behavior. 
  • The institute holds the decision-making power regarding the selection and continuation/ discontinuation of the scholarship. 
  • A candidate is eligible for availing of only one scholarship at a time.

Check More: MDI Gurgaon Placements


MDI Gurgaon Scholarship FAQs

Ques. Is there any Scholarship at MDI Gurgaon?

Ans. MDI Gurgaon scholarships are available under two schemes namely, AICTE Tuition Fee Waiver (TFW) Scholarship and Merit cum Means Scholarship.

Ques. What is the highest amount of scholarship offered by MDI Gurgaon?

Ans. The highest scholarship amount offered by MDI Gurgaon is INR 22,00,000. 

Ques. What is the required CGPA for availing MDI Gurgaon scholarship?

Ans. A candidate must maintain a CGPA of 6.0 or above for availing, continuing, and renewing the scholarship. 

Ques. What are the documents required for applying for the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) Scholarship?

Ans.  Any one of the following certificates should be submitted by the student during the program for applying to the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) Scheme. 

  • Family income certificate issued by any Government Revenue Authority
  • Economically Weaker Section (EWS) Certificate
  • Non-Creamy Layer certificate issued by a Government body 

Ques. Does MDI Gurgaon offer a Merit Scholarship?

Ans. MDI Gurgaon offers merit cum means scholarships to 10 students. Under this scholarship scheme, a 50% tuition fee waiver is given to the beneficiaries enrolled under PGDM/PGDM- HRM/PGDM-IB course at MDI Gurgaon.

Ques. How are the students selected for the MDI Gurgaon scholarship?

Ans. MDI Gurgaon scholarship beneficiaries will be chosen by the selection committee. The Scholarship Selection Committee will comprise the Dean (GP), Programme Chairpersons, and two (2) Faculty members nominated by the Director.

Ques. How many students can avail of the MDI Gurgaon AICTE Tuition Fee Waiver (TFW) scheme?

Ans. There are a maximum of 15 scholarships available for the PGDM students and 6 scholarships for the PGDM HRM students under the MDI Gurgaon AICTE Tuition Fee Waiver scheme.

Ques. What are the income criteria for availing MDI Gurgan scholarship?

Ans. The annual family income should not be more than INR 8,00,000 for availing of MDI Gurgaon scholarships.

Ques. Does MDI Gurgaon offer any scholarships to female students?

Ans. MDI Gurgaon has a reservation policy for giving scholarships to female students. At least 2 female candidates will be given the MDI Gurgaon merit cum means scholarship on a compulsory basis.

Ques. What is the range of scholarships offered at MDI Gurgaon?

Ans. MDI Gurgaon scholarship ranges between INR 8,00,000 and INR 22,00,000 for the PGDM students enrolled in different specializations.

MDI Gurgaon Scholarships: Students' Opinion

AI-Generated Summary based on 163 Reviews

MDI Gurgaon offers a range of financial assistance options, including scholarships and loans. The total tuition fee for the two-year PGDM and PGDM-HR programs is approximately INR 24,00,000, while the PGDM-IB program costs around INR 30,00,000, excluding additional expenses like visa and international stay. Scholarships are available based on merit, need, and for students with annual family incomes under INR 8 lakhs.

Notable scholarships include the O.P. Jindal Scholarship, merit-based scholarships, and international scholarships for exchange programs. Loans are accessible through partnerships with banks, such as SBI and Corporation Bank, often without collateral. The average placement package is competitive, with CTCs ranging from INR 18-23 lakhs per annum. Summer internships offer stipends averaging INR 2.3-2.7 lakhs.

Despite the high fees, the institution's ROI is favorable due to strong placement opportunities.

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Vaibhav Gupta
Vaibhav Gupta
4.0Helpful
Reviewed on Jul 19, 2025(Enrolled 2025)

Fees and Financial Aid:

I think the fees of every MBA college has increased along with its batch size. This is disappointing, considering the fact that the job market has been abysmal. The fee hike for the 2 years (incl. hostel+food) @ MDI has been approx 1 lakh rupees. While I am unaware of the exact scholarship claiming avenues available at MDI, I think need-based scholarships are available here and on other sources. I think that the fees across HR and PGDM is the same, while PGDM IB is costly, with the iverall wxpenses lying between 40-45 lakhs range.
...Read More
College Ninja
4.3Helpful
Reviewed on Jan 6, 2025(Enrolled 2022)

Fees and Financial Aid:

Total program fees paid for PGDM (2 year course) from 2022-2024 was 24,00,000 INR. The fees is same irresepctive of the category of student. There are scholarships provided on the basis of Merit (calculated on the basis of CGPA) and merit cum need. There are 2 other programs - PGHRM, and PGDM-IB. The fees for PGHRM is the same as PGDM (24 Lakh INR for the full course). The fees for PGDM-IB (International Business) is around 30 Lakh INR (other additional components like Visa, and hostel fees for the International college are seperate). Hostel / stay fees is not included in this. The total program fees covers all components like Tuition fees, security deposit, hostel fees, educational resources fees for PGDM and PGHRM. For these 2 courses, the fees is paid in 2 installments (paid at the time of admission and at the commencement of 2nd year).
...Read More
Vanmit Kataria
Vanmit Kataria
3.8Helpful
Reviewed on Apr 12, 2024(Enrolled 2023)

Fees and Financial Aid:

Tution fees - 933500 in both 1st and 2nd year Learning material fees - 59450 in both 1st and 2nd year Student activities- 30000 in both 1st and 2nd year Library fees - 35750 in both 1st and 2nd year Alumni fees - 27500 Total fees without boarding and lodging charges - 1100500 1058700 in both 1st and 2nd years Boarding charges - 76125 in both 1st and 2nd year Lodging charges - 93975 in both 1st and 2nd years Grand total of 2years - 2499400 Financial aid is available and the fees becomes 6k for that. Campus internship was provided at Cipla in 1.1l
...Read More
NITISH SOOD
5.0
Reviewed on Apr 3, 2024(Enrolled 2023)

Fees and Financial Aid:

Professional and experienced staff with apt backing of varied experience with a mix of Industry insights For 1st year, I have taken minor projects within campus that entail with the actuals of the Industry
...Read More
SARTHAK SINGH
3.7
Reviewed on Feb 5, 2024(Enrolled 2023)

Fees and Financial Aid:

The cost of study is 24 Lakhs out of which 12 lakhs is tution fess and other component of fees include hostel, student activities fees etc. There are no scholarship. The placement of business analytics program is conducted with PGDM program
...Read More
Anonymous
4.7Helpful
Reviewed on Aug 8, 2023(Enrolled 2023)

Fees and Financial Aid:

Fess is still the same no hike as of this year 2416800rs as of this year. Multiple scholarships are awarded merit-based where 50% of tuition fees are waived for economically Weaker sections. O.p. Jindal scholarship of INR 150000 for second-year students.
...Read More
Anonymous
4.8Helpful
Reviewed on Feb 14, 2023(Enrolled 2022)

Fees and Financial Aid:

The top 5 students get scholarships and there is a chance to avail of scholarships if your family income is less than 8 lakhs per annum. The fee for two years is 23,47,600 and if you want to go on a student exchange, you'll have to add extra 4-5 lakhs on this fee as your expenditure. A student loan should cover the same. I am still in my first year and I will be interning with ABG in the ABGLP program at a stipend of 1,50,000 per month.
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Sahil Singh
5.0
Reviewed on Feb 14, 2023(Enrolled 2022)

Fees and Financial Aid:

The fees of different courses are around 25-30 lacs, since, it is a tier 1 college it is easy to finance studies, banks give relevant assistance, and there is also a provision for different scholarships under different conditions.
...Read More
Anonymous
3.8Helpful
Reviewed on Feb 7, 2023(Enrolled 2022)

Fees and Financial Aid:

I had to avail of an education loan to complete my diploma from MDI, G. Recently starting in 2022, the institution increased its fees for PGDM and PGMD HR to 23.47 lacs from 21 lacs. The course fees for IB range somewhere around 30 lacs and also saw a 2.5 lacs increase. The stipend for internships obtained through the summer program lies somewhere around an average of 2.7 lacs.
...Read More
Ayush Mishra
4.1Helpful
Reviewed on Feb 7, 2023(Enrolled 2022)

Fees and Financial Aid:

The fees is around 24 lakhs for which you can easily get an education loan. it is in line with all other mba colleges of the same tier and the ROI is good. some students from less privileged families can also get the scholarship or fee waiver facility of college.
...Read More

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Comments


Found 2 Comments

S
shivangi
Mar 30, 2024 13:07
Does MDI Gurgaon provide financial aid to students?
A
Ashish Ramtari
May 5, 2024 17:27

Yes, MDI Gurgaon offers Financial aid to the studentsi in the form of Loans schemes from various banks. The loan schemes are given below:

  • HDFC Credila
  • Bank of Maharashtra Education Loan Scheme
  • Union Bank Loan Scheme
  • PNB Education Loan Scheme
P
pranjal sapra
Mar 27, 2024 18:16
Is 100% Scholarship available in MDI Gurgaon?
A
Ashish Ramtari
Mar 28, 2024 07:40

100% scholarship is offered to the students on the basis of their merit scores achieved in the previous qualifying examination. This is known as TFW (Tuition fee Waiver) scheme offered to the 15 students of PGDM first year.


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