PGDM is a 2-year postgraduate level management programme given by independent higher education institutions in India. The majority of top-tier independent business schools want to provide the coveted PGDM both full- and part-time. According to their interests and abilities, PGDM students might select a speciality. Financial management, marketing management, human resources management, operations management, business analytics, and other popular specialisations are available in the PGDM programme. With the goal of developing practical skills/proficiency that may allow them to jump-start or improve their job chances in the management sector, PGDM provides students with the ideal blend of management learnings. Due to the course's emphasis on practise and application, PGDM is widely accepted in the corporate sector around the world.
Who Should Complete a PGDM?
Career oriented graduate students with or without work experience who wish to kickstart an illustrious career at management position with reputed Indian companies, Multinational Companies, Public Sector Undertakings or reputed Global NGOs should opt for PGDM Programme. Eligibility condition to apply for PGDM is bachelor’s degree with minimum 50% marks in aggregate of all the subjects from any of the Universities recognized by thy AIU UGC or AICTE.
Different PGDM Courses
Different reputed business schools in India offer PGDM either in full time, Distance mode or Part time executive mode depending on the requirement of students.
Fresh graduates who want to begin their careers as management trainees and want to use the strength of their PGDM to land job offers from reputable companies are typically advised to enrol in a full-time PGDM curriculum.
Due to the flexibility it provides to its students, PGDM in distance mode is most popular. Working professionals with 1-3 years of work experience or freshmen who reside in remote areas and lack access to and the means to pursue PGDM full-time prefer it. The majority of female students choosing to pursue a PGDM via remote learning are housewives or women taking a sabbatical from their careers for whatever reason.
Working managers, public sector officials, and former defence personnel prefer and are best suited for the PGDM Executive programme. Most of them are seasoned professionals with years of experience who want to take advantage of the PGDM Executive programme to enhance their careers and gain benefits like promotions, career progression, or profile enlargement.
What is the Best PGDM Specialisation?
The PGDM programme leaves the choice of specialisation entirely up to the student's aptitude and personal interests. It is usually preferable for students to reflect, assess, and comprehend their skills and limitations before deciding to specialise, so that they can make the best decision possible. It is usually preferable to seek the advice and direction of a senior industrial mentor or a professional educational counsellor. In the second year of their PGDM curriculum, the majority of reputable business schools offer advice to PGDM students to assist them in selecting their area of specialisation.
What Separates a PGDM from an MBA
Even yet, there aren't many differences between an MBA and a PGDM in terms of the degree's outcomes and job prospects. There are still some differences, though. The MBA, or Master of Business Administration, is a degree programme that can only be offered by colleges affiliated with universities, whereas the PGDM, or Post Graduate Diploma in Management, is a post graduate diploma programme offered by independent institutes. This is one of the fundamental differences between the two degrees.
For instance, The Faculty of Management Studies (FMS), Delhi, offers an MBA degree and is associated with Delhi University. While AICTE-approved independent higher education institutions such as the Institute of Management Technology (IMT), Ghaziabad, the MDI, Gurgaon, the IMI, New Delhi, etc.
Many students mistakenly believe that the PGDM course is of lower value than the MBA course, although this is untrue. PGP or PGDM programmes are offered by numerous Indian Institutes of Management (IIMs) and other major B-Schools. The majority of these institutions are independent organisations (not connected to any universities). There is merely a nomenclature difference; there is no professional difference. The fact that the MBA and PGDM have the same certification standards, curricula, and pedagogy means that both degrees are highly valued on the job market. The best business schools that offer the PGDM programme, however, have the freedom to customise their curriculum, pedagogy, and evaluation methods to meet the demands of the market. So it seems sense to claim that PGDM is more application- and skill-based and fits better.
for business owners and people seeking corporate jobs. The MBA, on the other hand, better satisfies the needs of students who want to pursue careers in academia and research due to its theoretical orientation. It is safe to conclude from the comparison that the majority of India's top 100 business schools provide PGDM programmes, whereas fewer than 20% do the same for MBA. Due to the autonomy, PGDM is offered by top business schools for a variety of reasons.
How Do I Get a PGDM Admission?
Exams like the CAT, MAT, SNAP, GMAT, and XAT are some of the entrance exams used to determine admission to full-time PGDM programmes.
Admission to the part-time PGDM programme is mostly based on the institution's own standards and performance indicators.
How many semesters does a PGDM have?
The majority of universities use the semester system, which divides the entire curriculum evenly into semesters. Two-year PGDM curricula are typically divided into four semesters, each lasting six months.
How Are Exams Handled in PGDM Distance Learning?
Depending on the institution's policies and services, PGDM exams offered through distance education may be offline, center-based exams or online, remote exams. Internal and end-of-term evaluations make up the majority of the evaluation (70%).
Opportunities for Careers After PGDM
For PGDM candidates, there are a variety of job options available, depending on their specialisation preference, interests, aptitudes, and personalities. Candidates for the PGDM programme can get employment with MNCs, Top Indian Companies, Government Jobs, Banks and PSUs, NGO's, and more. Some of them have the skills and training necessary to establish their own business.
Few top career options are illustrated below:
- Management Trainee
- Human Resource Manager
- Recruitment Consultant
- Marketing Manager
- Operations Manager
- Business Analyst
- Market Researcher
- Digital Marketer
- Social Media Marketer
- Retail Manager
- Logistics Manager
- Research Consultant
- Key Account Manager
- Corporate Sales Manager
- Manager – Finance
- Investment Analyst
- Portfolio Manager
- Management Accountant
- Investment Banker
- Management Consultant
- Office Administrator
- General Manager
- Facility Manager