Management Development Institute (MDI) is a private Business School in India. It was established in 1973 by the Industrial Finance Corporation of India and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi. MDI was ranked 13th among management schools in India by the National Institutional Ranking Framework (NIRF) in 2022. The institute offers various post-graduate diploma programmes. These include a full-time Post-Graduate Diploma in Management (PGDM) and part-time programmes such as executive programmes. It also offers fellowship research programmes.