Post Graduate Programme in International Management (PGP-IM)
The primary objective of the PGP-IM is to provide students with the ability to look at this bigger picture and the associated dynamics. This programme prepares managers and future leaders to develop a global mindset so as to enable to appreciate global economic, political, legal and cultural realities, build networks across geographies, and live and work across cultures.
In the latter half of the last decade, possibly for the first time after the Great Depression, the world at large and its economies of varying proportions came to terms with their vulnerabilities to economic forces. Globalization, competition, greed, irrational fear – you name it and it has been arraigned as the cause. It’s a no brainer that managers of today need to be equipped with contextual abilities and skills to perform effectively across markets that span vast geographies. Also, imperceptibly but surely, terms such as competition, market share grab and profit maximization are yielding to co-opetition, maximization of collective value and sustainability.
Regardless of the size of a company, the scale of operations, or the industry, globalization is no longer an option but a strategic imperative. Opportunely, the complexion of internalization in India has moved beyond mere imports and exports or the entry of foreign companies into the Indian markets. Indian companies are a force to reckon with in the international arena.
The Post Graduate Programme in International Management, launched by MDI in 2006, was the first of its kind in India. The programme is currently offered under an arrangement with European School of Management (ESCP – Europe), which has been ranked 2nd in Europe by the Financial Times. MDI is looking to add to the list of partnerships in order to afford its students greater choice of place of study.
The PGP-IM is a programme delivered partly in India (MDI) and partly in Europe (ESCP- Europe campuses). The first phase of the programme is delivered at the MDI campus in Gurgaon, while the second phase is currently delivered in Europe at the Paris, Berlin, Madrid, London & Torino campuses (English Track). The students have an option to earn another degree offered by the partner institute on completion of a minimum number of credits and fulfillment of other conditions.
At the end of the on-campus part of the programme, the students carry out industry internships, predominantly in Europe. Living and working overseas make the students understand and appreciate other cultures and develop global mindsets.
On successful completion of the Programme requirements, a student is awarded a Post Graduate Diploma in International Management, which has the approval of the All India Council for Technical Education (AICTE), government of India and is recognized by the Association of Indian Universities (AIU) as equivalent to an MBA degree awarded by an Indian University
About ESCP Europe – Partner School for PGP-IM
Established in 1819, ESCP-Europe is the world’s oldest business school and has educated generations of leaders and forefront thinkers. With its five urban campuses in Paris, London, Berlin, Madrid, and Torino, ESCP-Europe has a true European identity which enables it to offer a unique style of business education with a global perspective on management issues.
Triple-crown accredited (EQUIS, AMBA, and AACSB), ESCP Europe welcomes 4,000 students and 5,000 executives from 90 different nations every year, offering them a wide range of general management and specialized programmes. The School’s alumni network counts 40,000 members in 150 countries and from 200 nationalities. Together with its long-standing relationships with national and multinational companies, this network allows ESCP-Europe to provide unique career opportunities on an international scale.
Through a combination of innovative pedagogy, cross-campus programmes with integrated curricula, and a research-active faculty, ESCP-Europe is an essential contributor to the development of a European, cross-national management culture. The aspiration of ESCP-Europe is the credo of Europe: to remain faithful to its humanistic values while at the same time anticipating the new ways of the world.
Five Campuses in Europe
There really is something for everyone; be it exploring the historical sites of the Bastille, Buckingham Palace, the Plaza Mayor or the Brandenburg Gate, or discovering the endless shows, theatres, operas, festivals and impressive markets. Each city is the political, cultural, economic or financial capital of their native country. However, each campus offers its own unique characteristics, which qualifies the applicants for Masters in European Business (MEB) to suit their individual preferences.
PARIS: The Paris campus is conveniently located in the centre of the city. It is the largest of the five campuses and hosts the greatest number of faculty and students. The school’s outstanding reputation and close relationships with leading international companies promote internship and career prospects for students. With extensive campus facilities and over 50 active students’ clubs and associations, a strong sense of school spirit and community prevail.
BERLIN: The ESCP-Europe’s Berlin campus is located near one of the historical centre-pieces of Berlin. The Charlottenburg Castle, which is located in baroque gardens, overlooks the school’s beautiful late 19th Century building. Throughout the year there are events and conferences conducted on contemporary business issues. The Berlin campus is a “staatlich anerkannte wissenschaftliche hochschule” with a degree-awarding charter.
MADRID: Located in a residential suburb, the Madrid campus is an ideal place for students to focus their energy on the demands of the MEB programme. The surrounding gardens and parks set the scene for the hard work and personal reflection necessary during the development of managerial competencies. The close personal attention of the staff in Madrid provides an open and friendly environment for the best results in the programme.
TORINO: The Torino campus is located in a beautiful building equipped with modern facilities. Torino is one of the main business centers of Italy as well as a masterpiece of architecture and one of the favourite student cities in Italy. The Torino campus has strong relationships with a number of Italian and International companies, which contribute to its governance.
LONDON: The London campus is situated in Hampstead, in the Borough of Camden. It offers students state-of-the-art facilities in a traditional Victorian building dating back to the late 19th century. The bright city lights and the business community are only a tube ride away, whilst the fashionable area of Hampstead offers a broad cultural experience away from the hustle and bustle of inner city life.
The key objective of the programme is to groom global leaders with:
- Competencies to work across cultures
- Ability to work in unfamiliar markets
- Strong general management orientation
- Adequate grounding in various management functions
Several pedagogical tools such as case studies, simulations, lectures, discussions and role plays are employed for the classroom teaching. Direct exposure to workplace realities is provided through consultancy assignments and internships in the corporate sector. An integrated batch of ESCP-Europe students and MDI students attend the entire programme. Close interactions of this kind develop understanding, appreciation and tolerance of differences across cultures and the skills to work globally.
The PGP-IM programme is spread over two years. The first semester comprising four terms is delivered at the MDI campus. The focus during the first semester is to provide basic inputs in qualitative and quantitative domains and develop analytical and communication skills. Semester two of four months duration is held at ESCP-Europe Campus on one of the allocated locations - Paris, Madrid, Berlin, London & Torino. In the second semester, the focus shifts to giving an International Management perspective to the students. The third & fourth semesters are dedicated to providing in-company exposure in a global context. Semester three constitutes 3 to 6 months of internship in Europe/India while the focus during Semester four is towards finalization and submission of dissertation work.
Award of Diploma / Degree
On successful completion of the programme requirements, a student is awarded a Post-Graduate Diploma in Management, PGDM (IM) and a Master in European Business (MEB) from ESCP-Europe. Students going to ESCP-Europe Berlin campus will have an option to get an additional M.Sc. degree from ESCP-Europe. Students going to ESCP-Europe Paris campus will also have an option to get a certification of “Grade de Master” from the French Ministry of Education.