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Explore Management collegesMDI Murshidabad lists ₹16,45,940 as the total fee and other expenses for its two-year residential PGDM 2027–29 batch. The schedule is labelled subject to revision, so treat this as the institute’s published estimate for that batch rather than a guaranteed final bill. It is a programme-wide total with tuition, study materials, student welfare, library, boarding, lodging, medical insurance, alumni fee and security deposit in the same table. The table splits the ordinary annual components across two years and marks the alumni charge and security deposit as one-time items in the first year. This distinction matters when comparing the headline amount with tuition-only figures elsewhere: the headline includes residence and other charges as well as tuition.
The institute’s page describes the PGDM as full-time and residential, and its hostel information says PGDM students stay on campus. The cost therefore should be read as the published residential programme schedule, not as a tuition-only option or a price for a separate non-residential track. MDI’s own note says it may enhance fees and other charges during the academic year, with notice. Applicants should verify the latest schedule and installment instructions before paying; the source does not give fixed payment due dates in the fee table itself.
For the 2027–29 batch, the first-year total is ₹8,33,270 and the second-year total is ₹8,12,670. Tuition is the largest component: ₹6,14,270 in year one and ₹6,18,670 in year two, for ₹12,32,940 over two years. Study material is ₹30,000 each year, while student welfare activities are ₹10,000 per year and library fees are ₹12,000 per year. These recurring academic and student-service charges total ₹1,04,000 over the two years in addition to tuition.
Residential costs are itemised separately. Boarding is ₹65,000 each year (₹1,30,000 total), and lodging is ₹75,000 each year (₹1,50,000 total). Medical insurance is listed at ₹2,000 per year, or ₹4,000 for the two-year period. The first-year column also includes a one-time alumni fee of ₹5,000 and a one-time security deposit of ₹20,000. The listed two-year components add to the stated ₹16,45,940 total. Do not add the security deposit again as a separate extra to that total, or describe it as refundable: the fee schedule calls it a security deposit but does not specify its return terms.
The fee table’s boarding and lodging lines together amount to ₹2,80,000 across two years. They are distinct from the tuition line, so a student comparing PGDM costs should compare total residential cost with total residential cost, or tuition with tuition, rather than mixing the two bases. The institute’s student-hostel page describes single-occupancy accommodation and campus facilities; it also says residence is part of the PGDM arrangement. The fee table does not say that a student can opt out of boarding or lodging to reduce the published total, and it provides no alternate non-residential rate. Do not assume a waiver or a lower off-campus charge from the table.
The medical-insurance line is separate from both tuition and hostel costs. The source lists a fixed amount but does not describe coverage limits, insurer, exclusions or whether a student may substitute another policy. Applicants who need those details should ask the institute rather than treating the line as a complete insurance description. Similarly, the study-material, student-welfare and library amounts are named charges; the page does not itemise the goods, services or borrowing limits associated with them.
MDI states that the same 2027–29 fees apply to Foreign, OCI and PIO applicants and children of Indian workers in Gulf countries. The schedule does not provide a separate international-currency conversion. All figures are in Indian rupees. Its revision notice is material: an amount published for this batch can change, and the institute says due notice would be given. Use the current official page and any individual offer or payment notice as the final authority before arranging a loan or transfer.
The fee schedule is for the residential PGDM 2027–29. MDI also lists other offerings, including PGDM Online, FPM and executive education; their fees are separate and should not be inferred from this residential table. The page links a distinct 2026–28 PDF, which is a different batch document. Do not substitute amounts from that older PDF for the displayed 2027–29 schedule.
Before budgeting, applicants can check four points with admissions: the current installment calendar, whether any charge has been revised after publication, the security-deposit return conditions, and the exact amount due at each payment stage. The published table does not answer those questions. The reliable takeaway is the dated two-year total and its component breakdown, with payment timing and any later changes confirmed directly.