Management Development Programme (MDP)
About
Course
The purpose of the Management Development Programme is to
provide the necessary know-how to expedite the management training process and
guarantee rapid career progress. This benefits those who want to advance
quickly in their management careers and effectively manage managers, employees,
and organisations using the information, abilities, insights, and attitudes
they have acquired. As a result, management development is described as the
strategic and targeted action carried out by a manager to help a person improve
so they may take on bigger and more important managing duties and obligations.
The
focus of the two-year Management Development Programme is on the practises and
procedures of the fundamental disciplines of finance and management. The course
is intended to assist students improve their organisational efficiency and
leadership skills in keeping with the difficult and continuously changing
business environment. The curriculum
makes sure you can build, motivate, and manage a team effectively and
efficiently.
The
program's main emphasis is on current management trends and advancements. The
curriculum assists the executives in improving their skills, knowledge,
aptitude, and attitude to increase productivity and efficiency while building a
solid foundation and providing them with cutting-edge business concepts, ideas,
and techniques.
They also provide management advice on how to build firms and make them more lucrative reducing expenses and raising revenues. Candidates can also work as consultants, who identify choices and make suggestions while also giving resources and solutions to businesses and professionals. Numerous positions are available in the following industries: consultancy, building, finance, IT, hotel, insurance, retail, manufacturing, transportation, and logistics.
Course
Highlights
Check all the important details about the Management Development Programme from the table given below:
| Particular | Value |
| Course Name | Management Development Programme |
| Course Level | Postgraduate |
| Course Duration | 2 Years |
| Eligibility Criteria | Graduation Degree With 50% Pass |
| Entrance Exams | Entrance exams like CAT, CMAT, MAT, OJEE, TSICET, KMAT, IIFT, PAT |
| Admission process | Entrance Exam + Group Discussion + Personal Interview (GD-PI) |
| Examination Type | Semester based |
| Age | No age limit |
| Average Annual Fees | INR 50,000-13,00,000 |
| Average Annual Salary | INR 3,00,000-15,00,000 |
| Top recruiters | Accenture, Amazon, Deloitte, Goldman Sachs, KPMG |
| Job Profiles | General Manager, Retail Manager, Tourism Manager, Executive Director, Hotel Manager, Public Relations Officer, etc. |
Why
study Management Development
Programme?
The Management
Development Programme course was launched to enhance the skills of students in field management
careers. Here are some of
the reasons why students should study the Management Development
Programme:
(i). Advanced
technical skills: The Management Development Programme course helps students to refresh
their knowledge in managing managers, employees, and organisations using the
information, abilities, insights, and attitudes they have acquired.
(ii). Leadership
and management skills: Organisations are successful because of modern
technology and good management. The Management Development
Programme equips students
with team management as well as project management.
(iii). Career
opportunities: With the Management Development Programme, the students will get the
opportunity to work in MNCs. Some of the job profiles are Business Analyst, Consultant, Manager,
Project Manager, Strategy Analyst, or other technology leadership roles.
(iv). Entrepreneurial
opportunities: The Management Development Programme, gives students training to start
their own company or any other technology-related company.
(v). Networking opportunities: During your Management Development Programme, you will get the opportunity to study with other students and teachers, and you will also have the opportunity to interact with a few organisations.
Admission
Process
Each year, the institutions organize their entrance exams. Also, some institutions use the CAT or similar exams as a reference point for the direct admission of students. The entrance exams administered vary from university to university.
Types
of Management Development Programme
The Management Development Programme offers full-time, part-time,
and distance learning alternatives for candidate follow-up. The following
publications are listed below
(1). Distance or Online Postgraduate: Management
Development Programme in India is designed for those who are unable to attend
regular sessions; One of the most popular alternatives is the Management Development
Programme.
(2). Full-Time:
The postgraduate course in Management Development Programme lasts two years and
has the advantage of allowing students to accelerate the learning process and
significantly improve their skills.
(3). Part-time: The postgraduate program is designed for professionals who are currently employed and cannot take time off for full-time study. A part-time postgraduate course in project management is a great advantage.
Eligibility
Criteria
The
eligibility criteria for a Management Development Programme are simply as
follows:
1.
The candidate must have a degree in any field.
2.
The student must achieve at least 50% of the points from 10+2+3.
3.
The last year students still awaiting results may also apply.
Admission process
Admission
to the Management Development Programme is based on both the entrance exam and
the achievements made. Below is the recruitment process for this:
(I).
Filling out the application form: Visit the websites of the interested
universities/institutes and fill out the application form, but first read the
instructions on how to fill out the form correctly.
(ii). Required Documents: A form is required to
fill in various documents such as Aadhaar Card, Pan Card, Photo, Time Card, etc.
Double check before final submission: Before final submission of the
application form, make sure there are no errors in it.
(iii) Make Payment: After completing the
registration form, you will need to make an online payment.
(iv)
Print Receipt: After payment, the applicant must print the last page of the
receipt for future reference. Students have the option of being admitted
directly to the course by completing the recruitment brochure and completing
the offline recruitment form.
Students also have the opportunity to go directly to the university and fill out an admission booklet. Students can also pay tuition fees offline.
Accepted
Entrance Exam
Below is the list of some of the entrance exams for the Management Development Programme:
| CAT | OJEE |
| CMAT | TSICET |
| MAT | PAT |
| KMAT | IIFT |
Skills
Required
A Management Development Programme is a program designed to enhance your skills and knowledge in the areas of Management. Here are some common skills and competencies that are typically beneficial for pursuing a Management Development Programme:
| Strategic Thinking | Management skills | Ethical |
| Excellent Leadership Qualities | Communication skills | Problem-solving |
| Analytical and Critical thinking skills | Time management | Decision-making skills |
| Organisational skills | Team Work | Leadership skills |
Fee Structure
The fee Structure for the Management Development Programme is listed below:
| Name of College | Average Annual Fee(INR) |
| Indian Institute of Management Ahmedabad, Ahmedabad | INR 15,00,000 |
| Indian School of Business, Hyderabad | INR 35,00,000 |
| XLRI - Xavier School of Management, Jamshedpur | INR 25,00,000 |
| Indian Institute of Management Bangalore, Bangalore | INR 19,00,000 |
| Indian Institute of Management Calcutta, Kolkata | INR 20,00,000 |
| Faculty of Management Studies, Delhi | INR 1,92,000 |
| Indian Institute of Management Indore, Indore | INR 16,00,000 |
| S.P. Jain Institute of Management and Research, Mumbai, Maharashtra | INR 12,00,000 |
| Indian Institute of Foreign Trade, New Delhi | INR 17,00,000 |
| Indian School of Business, Mohali | INR 35,00,000 |
| Xavier Institute of Management, Bhubaneswar | INR 16,50,000 |
| Indian Institute of Management Ranchi, Ranchi | INR 19,50,000 |
| Symbiosis Institute of Business Management, Pune | INR 14,50,000 |
Selection
Criteria
The selection process for this course is students must complete a degree with 50% and also they have to clear the entrance test. Some colleges conduct interviews for this course. After this process, students who have been selected will get an email from that university.
Course
Comparison
Management Development Programme v/s Master of Business Administration (MBA)
| Parameter | Management Development Programme | Master of Business Administration |
| Course Name | Management Development Programme | Master of Business Administration |
| Course Overview | The purpose of the Management Development Programme is to provide the necessary know-how to expedite the management training process and guarantee rapid career progress. Candidates can also work as consultants, who identify choices and make suggestions while also giving resources and solutions to businesses and professionals. | MBA is the most popular PG course; Many graduates today choose to pursue MBA. It is necessary for the majority of managerial roles in all fields. The Enterprise has highlighted the need for MBA |
| Duration | 2 Years | 2 years |
| Eligibility | Graduation Degree With 50% Pass | Graduation Degree With 50% Pass |
| Entrance Exams | CAT, CMAT, MAT, OJEE, TSICET, KMAT, IIFT, PAT | CAT, CMAT, MAT, etc |
| Average Annual Fees | INR 50,000-13,00,000 | INR 2,00,000-28,00,000 |
| Top Colleges | Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Indian School of Business | Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Indian School of Business |
Top
Colleges
Many prestigious colleges and institutions across the nation offer master's degrees in development programmes. Below is a list of some of the leading universities that offer this course, along with more information.
| Name of College | Average Annual Fee(INR) | Location |
| Indian Institute of Management Ahmedabad | INR 15,00,000 | Ahmedabad, Gujarat |
| Indian School of Business | INR 35,00,000 | Hyderabad |
| XLRI - Xavier School of Management | INR 25,00,000 | Jamshedpur |
| Indian Institute of Management Bangalore | INR 19,00,000 | Bangalore |
| Indian Institute of Management Calcutta | INR 20,00,000 | Kolkata |
| Faculty of Management Studies | INR 1,92,000 | Delhi |
| Indian Institute of Management Indore | INR 16,00,000 | Indore |
| S.P. Jain Institute of Management and Research | INR 12,00,000 | Mumbai, Maharashtra |
| Indian Institute of Foreign Trade | INR 17,00,000 | New Delhi |
| Indian School of Business | INR 35,00,000 | Mohali |
| Xavier Institute of Management | INR 16,50,000 | Bhubaneswar |
| Indian Institute of Management Ranchi | INR 19,50,000 | Ranchi |
| Symbiosis Institute of Business Management | INR 14,50,000 | Pune |
Job
& Placements
Many work prospects are available for MDP graduates at multinational corporations, museums, vacation resorts, colleges, and universities, among other places. A recent graduate might begin their career in this profession with a salary between INR 3 lakh and INR 10 lakh. Take a peek at a few MDP job roles and the typical yearly pay in India.
Job
Profile
| Job Profile | Job Description |
| Tourism Director | To generate and boost income, tourism officials are tasked with marketing and advertising the industry as well as proposing concepts or campaigns for tourist growth. |
| Retail Manager | Retail managers are charged with overseeing the daily operations of retail establishments, including employees, sales, inventory, and resource management. |
| Catering Manager | Chef teams and catering helpers must be managed by catering managers. In hotels, restaurants, and resorts, they are in charge of managing daily catering operations and services. |
| PR | They are in charge of organizing campaigns and PR techniques. In addition to writing, they are tasked with creating press releases and presentations. |
| Executive Director | The Executive Director is tasked with effectively managing the company following the strategic direction decided upon by the Board of Directors. |
| Accountant | An accountant's job is to create and keep track of an organization's financial reports and records. They assess financial activity. |
| Teacher/Lecturer | They are specialists who create knowledge on a certain topic utilizing a variety of teaching strategies and techniques. |
Top
Recruiters
Listed here some of the top recruiters who hire Management Development Programme are listed below:
| Reliance Industries Limited | Accenture | Accenture |
| HDFC Bank | ICICI Bank | |
| Tata Consultancy Services | Deloitte | Deloitte |
| Microsoft | Cognizant | Infosys |
Average
Salary
Below are the Management Development Programme job profiles with approximate salaries:
| Job Role | Average Annual Fee(INR) |
| General Manager | INR 8,00,000 – 12,00,000 |
| Retail Manager | INR 6,00,000 – 10,00,000 |
| Tourism Manager | INR 5,00,000 – 10,00,000 |
| Executive Director | INR 10,00,000 – 15,00,000 |
| Hotel Manager | INR 7,50,000 – 12,50,000 |
| Public Relation Officer | INR 6,50,000 – 11,50,000 |
| Catering Manager | INR 5,50,000 – 10,50,000 |
| Events Manager | INR 6,00,000 – 11,00,000 |
| Logistics Manager | INR 5,50,000 – 10,50,000 |
Career/Scope
Candidates have the opportunity
to enrol in further degree programmes in related fields after completing the
Management Development Programme to conduct advanced research. They might
operate as management analysts, sometimes referred to as management consultants,
and have the duty of enhancing an organization's effectiveness.
They also provide management advice on how to build firms and make them more lucrative by reducing expenses and raising revenues. Candidates can also work as consultants, who identify choices and make suggestions while also giving resources and solutions to businesses and professionals. Numerous positions are available in the following industries: consultancy, building, finance, IT, hotel, insurance, retail, manufacturing, transportation, and logistics.
Career
Options After Management Development Programme
Many work prospects are
available for MDP graduates at multinational corporations, museums, vacation
resorts, colleges, and universities, among other places. A recent graduate might
begin their career in this profession with a salary between INR 3 lakh and INR
10 lakh. Take a peek at a few MDP job roles and the typical yearly pay in
India.
The candidate can also choose the title of Management Development Programme and some of the other career options are listed below:
(i). Tourism Director.
(ii).
Retail Manager.
(iii).
Catering Manager.
(iv).
PR.
(v).
Executive Director.
(vi).
Accountant.
(vii). Teacher/Lecturer.
Scope
for Higher Education
Students should
choose the MBA after MDP if
they want to acquire practical knowledge in addition to theoretical knowledge.
Also, completing an MBA after an MDP can increase salary as an MBA graduate
earns a higher salary than an MDP graduate. MDP graduates were also able to obtain a
doctorate after completing their master's degree.
Skills
that make you the Best Management Development Programme
To
excel as a Management Development Programme graduate, many skills are required
that will help to increase the individual learning curve and boost a practical
approach that must be inculcated in the continuous learning environment.
(i).
Communication skills
(ii). Interpersonal skills
(iii). Leadership skills
(iv). Problem-Solving skills
(v). Analytical skills
(vi). Listening skills
FAQs
(1). What is
a Management Development Programme?
Ans: The purpose of the Management Development Programme is
to provide the necessary know-how to expedite the management training process
and guarantee rapid career progress.
(2). What is the expected salary for a Management Development Programme?
Ans. The expected salary for a MDP graduate is
around INR 50,000-13,00,000 per
annum.
(3). What are the eligibility criteria for admission to the Management Development Programme?
Ans. The eligibility standard for MDP is that
applicants have to have finished a degree with 55%.
(4). What is the admission process for a Management Development Programme?
Ans. The admission process for a Management Development Programme is
both merit-based and entrance based.
(5). What is the average fee for a Management Development Programme?
Ans. The average fee for a Management Development Programme graduate is
around INR
3,00,000-15,00,000 per annum.
(6). What are the top entrance examinations for the Management Development Programme?
Ans. CAT, CMAT, MAT,
OJEE, TSICET, KMAT, IIFT, and PAT are
some of the top entrance examinations for a Management Development Programme.
(7). What are some of the best colleges for this course program?
Ans. The best Colleges for this program are the Indian Institute of Management
Ahmedabad, the Indian Institute of Management Bangalore, and the Indian School
of Business.
(8). What are some of the most popular job profiles for a Management Development Programme?
Ans. Popular job profiles for this course are General Manager, Retail Manager,
Tourism Manager, Executive Director, Hotel Manager, Public Relations Officer,
etc.
(9). What are
the top recruiters of the Management Development Programme?
Ans. Accenture, Amazon, Deloitte, Goldman
Sachs, and KPMG are some of the
top recruiters of the Management Development Programme.
Campus
Mumbai
University
K J Somaiya Institute of Management (KJ SIMSR), Mumbai
Delivery Mode
Eligibility
Bachelor Degree in Related Stream From Recognized University
Duration
2 Years
Type of Course
Post Graduate
K J Somaiya Institute of Management (KJ SIMSR), Mumbai Highlights
| Established in | 1981 |
| University Type | Autonomous Institute |
| Recognized by | AICTE , AACSB , NBA , AIU , |
| Courses | 9 |
Management Development Programme (MDP)
About
Course
The purpose of the Management Development Programme is to
provide the necessary know-how to expedite the management training process and
guarantee rapid career progress. This benefits those who want to advance
quickly in their management careers and effectively manage managers, employees,
and organisations using the information, abilities, insights, and attitudes
they have acquired. As a result, management development is described as the
strategic and targeted action carried out by a manager to help a person improve
so they may take on bigger and more important managing duties and obligations.
The
focus of the two-year Management Development Programme is on the practises and
procedures of the fundamental disciplines of finance and management. The course
is intended to assist students improve their organisational efficiency and
leadership skills in keeping with the difficult and continuously changing
business environment. The curriculum
makes sure you can build, motivate, and manage a team effectively and
efficiently.
The
program's main emphasis is on current management trends and advancements. The
curriculum assists the executives in improving their skills, knowledge,
aptitude, and attitude to increase productivity and efficiency while building a
solid foundation and providing them with cutting-edge business concepts, ideas,
and techniques.
They also provide management advice on how to build firms and make them more lucrative reducing expenses and raising revenues. Candidates can also work as consultants, who identify choices and make suggestions while also giving resources and solutions to businesses and professionals. Numerous positions are available in the following industries: consultancy, building, finance, IT, hotel, insurance, retail, manufacturing, transportation, and logistics.
Course
Highlights
Check all the important details about the Management Development Programme from the table given below:
| Particular | Value |
| Course Name | Management Development Programme |
| Course Level | Postgraduate |
| Course Duration | 2 Years |
| Eligibility Criteria | Graduation Degree With 50% Pass |
| Entrance Exams | Entrance exams like CAT, CMAT, MAT, OJEE, TSICET, KMAT, IIFT, PAT |
| Admission process | Entrance Exam + Group Discussion + Personal Interview (GD-PI) |
| Examination Type | Semester based |
| Age | No age limit |
| Average Annual Fees | INR 50,000-13,00,000 |
| Average Annual Salary | INR 3,00,000-15,00,000 |
| Top recruiters | Accenture, Amazon, Deloitte, Goldman Sachs, KPMG |
| Job Profiles | General Manager, Retail Manager, Tourism Manager, Executive Director, Hotel Manager, Public Relations Officer, etc. |
Why
study Management Development
Programme?
The Management
Development Programme course was launched to enhance the skills of students in field management
careers. Here are some of
the reasons why students should study the Management Development
Programme:
(i). Advanced
technical skills: The Management Development Programme course helps students to refresh
their knowledge in managing managers, employees, and organisations using the
information, abilities, insights, and attitudes they have acquired.
(ii). Leadership
and management skills: Organisations are successful because of modern
technology and good management. The Management Development
Programme equips students
with team management as well as project management.
(iii). Career
opportunities: With the Management Development Programme, the students will get the
opportunity to work in MNCs. Some of the job profiles are Business Analyst, Consultant, Manager,
Project Manager, Strategy Analyst, or other technology leadership roles.
(iv). Entrepreneurial
opportunities: The Management Development Programme, gives students training to start
their own company or any other technology-related company.
(v). Networking opportunities: During your Management Development Programme, you will get the opportunity to study with other students and teachers, and you will also have the opportunity to interact with a few organisations.
Admission
Process
Each year, the institutions organize their entrance exams. Also, some institutions use the CAT or similar exams as a reference point for the direct admission of students. The entrance exams administered vary from university to university.
Types
of Management Development Programme
The Management Development Programme offers full-time, part-time,
and distance learning alternatives for candidate follow-up. The following
publications are listed below
(1). Distance or Online Postgraduate: Management
Development Programme in India is designed for those who are unable to attend
regular sessions; One of the most popular alternatives is the Management Development
Programme.
(2). Full-Time:
The postgraduate course in Management Development Programme lasts two years and
has the advantage of allowing students to accelerate the learning process and
significantly improve their skills.
(3). Part-time: The postgraduate program is designed for professionals who are currently employed and cannot take time off for full-time study. A part-time postgraduate course in project management is a great advantage.
Eligibility
Criteria
The
eligibility criteria for a Management Development Programme are simply as
follows:
1.
The candidate must have a degree in any field.
2.
The student must achieve at least 50% of the points from 10+2+3.
3.
The last year students still awaiting results may also apply.
Admission process
Admission
to the Management Development Programme is based on both the entrance exam and
the achievements made. Below is the recruitment process for this:
(I).
Filling out the application form: Visit the websites of the interested
universities/institutes and fill out the application form, but first read the
instructions on how to fill out the form correctly.
(ii). Required Documents: A form is required to
fill in various documents such as Aadhaar Card, Pan Card, Photo, Time Card, etc.
Double check before final submission: Before final submission of the
application form, make sure there are no errors in it.
(iii) Make Payment: After completing the
registration form, you will need to make an online payment.
(iv)
Print Receipt: After payment, the applicant must print the last page of the
receipt for future reference. Students have the option of being admitted
directly to the course by completing the recruitment brochure and completing
the offline recruitment form.
Students also have the opportunity to go directly to the university and fill out an admission booklet. Students can also pay tuition fees offline.
Accepted
Entrance Exam
Below is the list of some of the entrance exams for the Management Development Programme:
| CAT | OJEE |
| CMAT | TSICET |
| MAT | PAT |
| KMAT | IIFT |
Skills
Required
A Management Development Programme is a program designed to enhance your skills and knowledge in the areas of Management. Here are some common skills and competencies that are typically beneficial for pursuing a Management Development Programme:
| Strategic Thinking | Management skills | Ethical |
| Excellent Leadership Qualities | Communication skills | Problem-solving |
| Analytical and Critical thinking skills | Time management | Decision-making skills |
| Organisational skills | Team Work | Leadership skills |
Fee Structure
The fee Structure for the Management Development Programme is listed below:
| Name of College | Average Annual Fee(INR) |
| Indian Institute of Management Ahmedabad, Ahmedabad | INR 15,00,000 |
| Indian School of Business, Hyderabad | INR 35,00,000 |
| XLRI - Xavier School of Management, Jamshedpur | INR 25,00,000 |
| Indian Institute of Management Bangalore, Bangalore | INR 19,00,000 |
| Indian Institute of Management Calcutta, Kolkata | INR 20,00,000 |
| Faculty of Management Studies, Delhi | INR 1,92,000 |
| Indian Institute of Management Indore, Indore | INR 16,00,000 |
| S.P. Jain Institute of Management and Research, Mumbai, Maharashtra | INR 12,00,000 |
| Indian Institute of Foreign Trade, New Delhi | INR 17,00,000 |
| Indian School of Business, Mohali | INR 35,00,000 |
| Xavier Institute of Management, Bhubaneswar | INR 16,50,000 |
| Indian Institute of Management Ranchi, Ranchi | INR 19,50,000 |
| Symbiosis Institute of Business Management, Pune | INR 14,50,000 |
Selection
Criteria
The selection process for this course is students must complete a degree with 50% and also they have to clear the entrance test. Some colleges conduct interviews for this course. After this process, students who have been selected will get an email from that university.
Course
Comparison
Management Development Programme v/s Master of Business Administration (MBA)
| Parameter | Management Development Programme | Master of Business Administration |
| Course Name | Management Development Programme | Master of Business Administration |
| Course Overview | The purpose of the Management Development Programme is to provide the necessary know-how to expedite the management training process and guarantee rapid career progress. Candidates can also work as consultants, who identify choices and make suggestions while also giving resources and solutions to businesses and professionals. | MBA is the most popular PG course; Many graduates today choose to pursue MBA. It is necessary for the majority of managerial roles in all fields. The Enterprise has highlighted the need for MBA |
| Duration | 2 Years | 2 years |
| Eligibility | Graduation Degree With 50% Pass | Graduation Degree With 50% Pass |
| Entrance Exams | CAT, CMAT, MAT, OJEE, TSICET, KMAT, IIFT, PAT | CAT, CMAT, MAT, etc |
| Average Annual Fees | INR 50,000-13,00,000 | INR 2,00,000-28,00,000 |
| Top Colleges | Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Indian School of Business | Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Indian School of Business |
Top
Colleges
Many prestigious colleges and institutions across the nation offer master's degrees in development programmes. Below is a list of some of the leading universities that offer this course, along with more information.
| Name of College | Average Annual Fee(INR) | Location |
| Indian Institute of Management Ahmedabad | INR 15,00,000 | Ahmedabad, Gujarat |
| Indian School of Business | INR 35,00,000 | Hyderabad |
| XLRI - Xavier School of Management | INR 25,00,000 | Jamshedpur |
| Indian Institute of Management Bangalore | INR 19,00,000 | Bangalore |
| Indian Institute of Management Calcutta | INR 20,00,000 | Kolkata |
| Faculty of Management Studies | INR 1,92,000 | Delhi |
| Indian Institute of Management Indore | INR 16,00,000 | Indore |
| S.P. Jain Institute of Management and Research | INR 12,00,000 | Mumbai, Maharashtra |
| Indian Institute of Foreign Trade | INR 17,00,000 | New Delhi |
| Indian School of Business | INR 35,00,000 | Mohali |
| Xavier Institute of Management | INR 16,50,000 | Bhubaneswar |
| Indian Institute of Management Ranchi | INR 19,50,000 | Ranchi |
| Symbiosis Institute of Business Management | INR 14,50,000 | Pune |
Job
& Placements
Many work prospects are available for MDP graduates at multinational corporations, museums, vacation resorts, colleges, and universities, among other places. A recent graduate might begin their career in this profession with a salary between INR 3 lakh and INR 10 lakh. Take a peek at a few MDP job roles and the typical yearly pay in India.
Job
Profile
| Job Profile | Job Description |
| Tourism Director | To generate and boost income, tourism officials are tasked with marketing and advertising the industry as well as proposing concepts or campaigns for tourist growth. |
| Retail Manager | Retail managers are charged with overseeing the daily operations of retail establishments, including employees, sales, inventory, and resource management. |
| Catering Manager | Chef teams and catering helpers must be managed by catering managers. In hotels, restaurants, and resorts, they are in charge of managing daily catering operations and services. |
| PR | They are in charge of organizing campaigns and PR techniques. In addition to writing, they are tasked with creating press releases and presentations. |
| Executive Director | The Executive Director is tasked with effectively managing the company following the strategic direction decided upon by the Board of Directors. |
| Accountant | An accountant's job is to create and keep track of an organization's financial reports and records. They assess financial activity. |
| Teacher/Lecturer | They are specialists who create knowledge on a certain topic utilizing a variety of teaching strategies and techniques. |
Top
Recruiters
Listed here some of the top recruiters who hire Management Development Programme are listed below:
| Reliance Industries Limited | Accenture | Accenture |
| HDFC Bank | ICICI Bank | |
| Tata Consultancy Services | Deloitte | Deloitte |
| Microsoft | Cognizant | Infosys |
Average
Salary
Below are the Management Development Programme job profiles with approximate salaries:
| Job Role | Average Annual Fee(INR) |
| General Manager | INR 8,00,000 – 12,00,000 |
| Retail Manager | INR 6,00,000 – 10,00,000 |
| Tourism Manager | INR 5,00,000 – 10,00,000 |
| Executive Director | INR 10,00,000 – 15,00,000 |
| Hotel Manager | INR 7,50,000 – 12,50,000 |
| Public Relation Officer | INR 6,50,000 – 11,50,000 |
| Catering Manager | INR 5,50,000 – 10,50,000 |
| Events Manager | INR 6,00,000 – 11,00,000 |
| Logistics Manager | INR 5,50,000 – 10,50,000 |
Career/Scope
Candidates have the opportunity
to enrol in further degree programmes in related fields after completing the
Management Development Programme to conduct advanced research. They might
operate as management analysts, sometimes referred to as management consultants,
and have the duty of enhancing an organization's effectiveness.
They also provide management advice on how to build firms and make them more lucrative by reducing expenses and raising revenues. Candidates can also work as consultants, who identify choices and make suggestions while also giving resources and solutions to businesses and professionals. Numerous positions are available in the following industries: consultancy, building, finance, IT, hotel, insurance, retail, manufacturing, transportation, and logistics.
Career
Options After Management Development Programme
Many work prospects are
available for MDP graduates at multinational corporations, museums, vacation
resorts, colleges, and universities, among other places. A recent graduate might
begin their career in this profession with a salary between INR 3 lakh and INR
10 lakh. Take a peek at a few MDP job roles and the typical yearly pay in
India.
The candidate can also choose the title of Management Development Programme and some of the other career options are listed below:
(i). Tourism Director.
(ii).
Retail Manager.
(iii).
Catering Manager.
(iv).
PR.
(v).
Executive Director.
(vi).
Accountant.
(vii). Teacher/Lecturer.
Scope
for Higher Education
Students should
choose the MBA after MDP if
they want to acquire practical knowledge in addition to theoretical knowledge.
Also, completing an MBA after an MDP can increase salary as an MBA graduate
earns a higher salary than an MDP graduate. MDP graduates were also able to obtain a
doctorate after completing their master's degree.
Skills
that make you the Best Management Development Programme
To
excel as a Management Development Programme graduate, many skills are required
that will help to increase the individual learning curve and boost a practical
approach that must be inculcated in the continuous learning environment.
(i).
Communication skills
(ii). Interpersonal skills
(iii). Leadership skills
(iv). Problem-Solving skills
(v). Analytical skills
(vi). Listening skills
FAQs
(1). What is
a Management Development Programme?
Ans: The purpose of the Management Development Programme is
to provide the necessary know-how to expedite the management training process
and guarantee rapid career progress.
(2). What is the expected salary for a Management Development Programme?
Ans. The expected salary for a MDP graduate is
around INR 50,000-13,00,000 per
annum.
(3). What are the eligibility criteria for admission to the Management Development Programme?
Ans. The eligibility standard for MDP is that
applicants have to have finished a degree with 55%.
(4). What is the admission process for a Management Development Programme?
Ans. The admission process for a Management Development Programme is
both merit-based and entrance based.
(5). What is the average fee for a Management Development Programme?
Ans. The average fee for a Management Development Programme graduate is
around INR
3,00,000-15,00,000 per annum.
(6). What are the top entrance examinations for the Management Development Programme?
Ans. CAT, CMAT, MAT,
OJEE, TSICET, KMAT, IIFT, and PAT are
some of the top entrance examinations for a Management Development Programme.
(7). What are some of the best colleges for this course program?
Ans. The best Colleges for this program are the Indian Institute of Management
Ahmedabad, the Indian Institute of Management Bangalore, and the Indian School
of Business.
(8). What are some of the most popular job profiles for a Management Development Programme?
Ans. Popular job profiles for this course are General Manager, Retail Manager,
Tourism Manager, Executive Director, Hotel Manager, Public Relations Officer,
etc.
(9). What are
the top recruiters of the Management Development Programme?
Ans. Accenture, Amazon, Deloitte, Goldman
Sachs, and KPMG are some of the
top recruiters of the Management Development Programme.
Campus
Mumbai
University
K J Somaiya Institute of Management (KJ SIMSR), Mumbai
Delivery Mode
Eligibility
Bachelor Degree in Related Stream From Recognized University
Duration
2 Years
Type of Course
Post Graduate
K J Somaiya Institute of Management (KJ SIMSR), Mumbai Highlights
| Established in | 1981 |
| University Type | Autonomous Institute |
| Recognized by | AICTE , AACSB , NBA , AIU , |
| Courses | 9 |
Syllabus
& Subjects
The
Management Development Programme is divided into semesters. The Management
Development Programme studies topics are indexed below:
| Semesters | Subjects |
| Semester I | Business Planning & Growth Strategies for World-Class Performance |
| Emerging Marketing Challenges for Indian Post Offices in Today's Global Economy | |
| Managerial Effectiveness for Excellence | |
| Negotiation Skills | |
| Proactive Leadership | |
| Project Appraisal & Feasibility | |
| Semester II | Superannuation and Beyond |
| Update on Corporate Taxation Policies & Practices | |
| Competency Assessment and Recognition of Excellence | |
| Finance for Non-Finance Managers | |
| Marketing & Sales Management | |
| People Skills in Hospitality Management | |
| Semester III | Project & Contract Management |
| Strategic Financial Management for Value Creation | |
| Supply Chain & Materials Management | |
| Work-Life Balance & Stress Management | |
| Operations management | |
| Semester IV | Information systems |
| International Business | |
| Financial management | |
| Effective Teamwork | |
| Project Work | |
| Electives | Leadership and Strategic Management |
| Financial Management and Analysis | |
| Marketing Management and Branding | |
| Operations and Supply Chain Management | |
| Human Resource Management and Organizational Development | |
| Project Management | |
| Entrepreneurship and Innovation | |
| Digital Marketing and Social Media Strategy | |
| Corporate Governance and Ethics | |
| Negotiation and Conflict Resolution | |
| Risk Management and Compliance | |
| Sustainability and Corporate Social Responsibility |
Projects
Here
are some of the project ideas for the Management Development Programme:
(i). Agile project management.
(ii). Quality Assurance is a core subject in the field of Management Development Programmes.
(iii). Another crucial idea in project management is ethics.
(iv). Integrity refers to the moral requirements and principles of a business. The success of your leadership, teams, and projects depends on effective communication, making it a vital issue in management development. Acquiring the skills necessary to convey information and set expectations.
(v). Managing transitions It might be helpful for project managers to have experience leading teams through both minor and major organisational shifts.
(vi). Handling Danger Managing risks is another crucial aspect of every endeavour. Several methods can be categorised under the umbrella term "risk management," which is used by project managers.
Management Development Programme provides students with both a thorough general review of the subject matter and a close examination of their specific area of expertise. The following are some of the books for reference:
| Name of Author | Name of Book |
| B.S. Makin and S.C. Kakkar | Leadership: Theory and Practice |
| Prasanna Chandra | Financial Management: Theory and Practice |
| S.A. Sherlekar | Marketing Management: Indian Context |
| B. Mahadevan | Operations Management: Theory and Practice |
| K. Aswathappa | Human Resource Management: Text and Cases |
| S. Sankaran | Project Management: The Managerial Process |
| Rajeev Roy | Entrepreneurship: Theory and Practice |
| Jitendra Mishra | Change Management: Concepts and Cases |
| P. Subba Rao | International Business: Text and Cases |
| S. Christian Albright and Wayne L. Winston | Business Analytics: Methods, Models, and Decisions |
| S. Sreejesh and Sanjay Mohapatra | Digital Marketing: Strategy, Implementation and Practice |
| A.C. Fernando | Corporate Governance: Principles, Policies, and Practices |
| N. Jayaraman | Negotiation: Strategies for Mutual Gain |
| S. Kevin and Reddy P. Ramana | Risk Management: Concepts and Applications |
K J Somaiya Institute of Management (KJ SIMSR), Mumbai
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