Both MDI Murshidabad and Bennett University are renowned institutes that have a brand value.
To know which one is better, refer to the table given below:
|
Basis Of Differentiation |
MDI Murshidabad |
Bennett University |
|
Establishment Year/ Institute Type |
2014 / Private |
2016 / Private |
|
Courses Offered |
Postgraduate Diploma in Management with four specializations. |
UG, PG, and Ph.D. courses in multiple streams and specializations. |
|
Course Fee |
INR 15,51,000 |
INR 1,50,000 - INR 17,45,000 |
|
Entrance Exam Accepted |
CAT | GMAT |
CUET, JEE Main/SAT, CAT/XAT/NMAT/MAT/CMAT/GMAT/ BU MAT/ GRE |
|
Highest Package Offered 2024 |
INR 40 LPA |
INR 1.37 CPA (B.Tech) |
|
Top Recruiters |
ICICI Bank, HDFC Bank, IDFC First Bank, Federal Bank |
Adobe, Capgemini, Amazon, Google, HCL, Infosys, Microsoft |
If you are considering pursuing a career in management, the Post Graduate Programme in Management (PGPM) offered by MDI Murshidabad might be a great option for you. Upon successful completion of the program requirements, you will be awarded a PGDM, which has the approval of the All India Council for Technical Education, Government of India.
The curriculum of this program is designed to enrich your skills and abilities, helping you apply management theories and concepts to real-life problems existing in business and industry. Through hands-on learning experiences, you will be able to identify and diagnose complex problems in management. The program includes a wide range of pedagogical approaches, such as lectures, case studies, seminars, assignments, live projects, group discussions, business games, outbound-based experiential learning activities, educational excursions, role plays, simulation exercises, structured and unstructured group work, and field visits.
Moreover, the program integrates state-of-the-art technology, including the use of computers (IT) in the learning process. This helps you to develop digital skills that are essential in today’s fast-paced business environment. You will also undertake several field-based projects to gain better insights into real-life situations. This will help you to develop a deeper understanding of the issues facing businesses and industries today.
One of the key advantages of studying at MDI Murshidabad is the opportunity to learn from the faculty members of MDI Gurgaon, one of India’s premier business schools. This will enable you to learn from some of the best minds in the field and gain a broader perspective on management.
In summary, MDI Murshidabad’s PGPM is a comprehensive programme designed to equip you with the knowledge and skills needed to excel in the field of management. The hands-on learning experiences, state-of-the-art technology, and opportunities to learn from top faculty members make it a great choice for anyone seeking a career in management.
MDI Murshidabad is a better option among the two, with the brand name of MDI Gurgaon benefitting Murshidabad as well. The placement stats of both colleges are given below
MDI Murshidabad-
|
Year |
2023 |
2022 |
2021 |
|
Highest package |
INR 20 LPA |
INR 22 LPA |
INR 26.42 LPA |
|
Average package |
INR 12.67 LPA |
INR 11.32 LPA |
INR 10.5 LPA |
PUMBA-
|
Year |
2020 |
2021 |
|
Highest Package |
INR 18 LPA |
INR 13.55 LPA |
|
Average Package |
INR 7.6 LPA |
INR 6.47 LPA |
Given the above information provided, MDI Murshidabad is the better choice.
Both the colleges are pretty good if you choose to enroll in them. According to the IIRF rankings for 2022, MDI was ranked 2nd in the top 10 private management schools, while SCMHRD secured 6th rank. MDI also has a bigger alumni network.
The placements for the year for MDI-HR were 26.42 LPA and the median package is 25 LPA. During the same time frame, SCMHRD recorded an average salary of 23.71L and a median salary of 22 LPA.
Placements alone don’t determine if one college is better than the other.
BIMTECH, being older, possesses a slight edge over MDI Murshidabad. Both have strong brand names associated with them (Birla and MDI). However, joining BIMTECH will provide you with a lot of opportunities and help boost your confidence by providing industry exposure. The faculty is supportive, and the infrastructure and location are good.
However, you should look at different factors before joining a college, like placement records, location, industry exposure, infrastructure, faculty, etc. Comparing these two colleges on these parameters, BIMTECH comes out on top.
First, the location of a management institute is not a significant factor in its success, as evidenced by the fact that companies will go anywhere to obtain the best solutions. Second, the cut-off percentile for admission is the most critical factor that determines the quality of students admitted and, therefore, the success of an institute.
All institutes, including TAPMI, MDI Murshidabad, and Goa Institute of Management, will lose out to the baby IIMs, regardless of their location, because the baby IIMs have set their cut-off percentile at around 96%. As a result, the baby IIMs will attract uniformly intelligent students, which will build confidence among students and eventually, the corporate world. Baby IIMs will eventually catch up and be as good as older IIMs and IITs.
While students are the most important aspect of a management institute's performance, professors, research, curriculum, and infrastructure also matter. An institute's location can help attract top faculty, improve research, and provide industry networks and collaborations.
According to the placements data that are given on their official website, MDI Murshidabad leads the way with an average package of 12.67 LPA, but it could be misleading since there is a huge difference between their average and median packages.
Take a look at the table below and make an informed decision.
|
Institutes |
Batch size |
Highest (LPA) |
Average(LPA) |
Median (LPA) |
|
IMT Nagpur |
NA |
20.14 |
10.81 |
10 |
|
NMIMS B |
153 |
19.7 |
14 |
13 |
|
BIMTECH |
367+ |
23.43 |
10.5 |
NA |
|
MDI M |
158 |
20 |
12.67 |
11.4 |
Choosing the right business school for pursuing a management degree is a crucial decision that can shape your career trajectory. Both MDI Murshidabad and UBS Mumbai are reputable B-schools with their unique features. Below is a table comparing the two based on their fees, highest salary package, average salary package, and median salary package;
|
Aspect |
MDI Murshidabad |
UBS Mumbai |
|
Fees (for a two-year program) |
INR 13.36 lakhs |
INR 8.48 lakhs |
|
Average Salary Package |
INR 12.67 LPA (2023) |
INR 8.60 LPA (2022) |
|
Highest Salary Package |
INR 20 LPA (2023) |
INR 1.01 CPA (International) (2022) INR 15.10 LPA (Domestic) (2022) |
|
Median Salary Package |
INR 11.40 LPA (2023) |
INR 8.05 LPA (2022) |
So, RoI-wise UBS Mumbai is better than MDI Murshidabad. Also, below is a table comparing the two in different aspects;
|
Aspect |
MDI Murshidabad |
UBS Mumbai |
|
Establishment |
Established in 2014 |
Established in 1965 |
|
Ranking |
#11th rank in the NIRF rankings, (2021) |
#84 out of 281 in India 2022 (India Today) |
|
Courses offered |
PGPM, PGP-HRM, PGP-IM |
MMS, MFM, MMM, MIM, MHRDM, Ph.D. (Management Studies) |
|
Accreditation |
AICTE |
UGC, AICTE, NBA |
|
Faculty |
Experienced with industry exposure |
Experienced with industry exposure but fewer research ties |
|
Campus facilities |
Fully-equipped campus with modern facilities |
Located in a heritage building with limited facilities |
|
Extracurricular activities |
Active student clubs and events throughout the year |
Limited extracurricular activities and events |
|
Top recruiters |
Cognizant, Droom, Collegedunia, Factset, Genpact, etc |
Deloitte, Adidas, Reliance, Asian Paints, TCS, Mahindra, and many more. |
Ultimately, the choice depends on you, your goals, and your preferences. So, choose wisely, hope it helps, All the best!
MDI Murshidabad is good for sales and marketing as around 60% of the students find opportunities in this domain. The opportunities for finance are limited, but the institute has collaborated with Bloomberg Terminal to help students sharpen their skills and convert any opportunity in finance.