Gurgaon/Murshidabad, June 10, 2025: Management Development Institute (MDI), a leading management institute in India and The Institute of Leadership, Entrepreneurship and Development (iLEAD), a renowned private college offering undergraduate programs, have signed a Memorandum of Understanding (MOU) to strengthen their academic collaboration.
The MOU encompasses a student and faculty exchange program, enabling both institutions to leverage
each other’s strengths and expertise. Furthermore, MDI will offer special concessions to iLEAD students aspiring to pursue postgraduate programs in management at MDI’s campuses in Murshidabad and
Gurgaon.

Highlights of the MOU:
Student Exchange Program : iLEAD students will have the opportunity to participate in academic
programs and activities at MDI, enhancing their learning experience and exposure to management
education.
Faculty Exchange Program : Faculty members from both institutions will engage in collaborative research, teaching, and knowledge-sharing activities, fostering academic excellence and innovation. Special Concession for iLEAD Students: iLEAD students seeking to pursue postgraduate programs in management at MDI will be eligible for a discount on the program fees, making it more accessible and
affordable for them to enhance their management education.

This partnership aims to promote academic excellence, innovation, and industry-academia collaboration. By working together, MDI and iLEAD seek to create opportunities for students and faculty to grow and develop their skills, ultimately contributing to the growth of the industry and society.
“We are delighted to partner with iLEAD and offer our postgraduate programs to their students. This collaboration will enable us to tap into each other’s strengths and create a win-win situation for our students and faculty,” said Prof. (Dr.) Ajay K Jain, Director, MDI.

“We are thrilled to collaborate with MDI, one of the leading management institutes in India. This partnership will provide our students with an opportunity to pursue postgraduate education at a renowned institution, enhancing their career prospects and growth,” said Pradip Chopra, Chairman, iLEAD.