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PGDM: Full Form, Course, Eligibility, Admission, Fees, Colleges, Salary 2024
Chetna Verma
Updated on 16th January, 2024 , 19 min read
PGDM full form is a Postgraduate Diploma in Management. It is a two-year diploma program that focuses on the management field. The PGDM course is offered by an autonomous B-school recognized by AICTE. PGDM and MBA are similar courses that deal with management studies. PGDM is considered equivalent to an MBA degree if the college is approved by the Association of Indian Universities (AIU).
Candidates must have graduated (preferably with a degree in management) to be eligible for the PGDM course. Nonetheless, graduates from any field are eligible to apply for this program. PGDM admission is primarily based on entrance exams like MAT, CAT, XAT, etc.
The PGDM course syllabus is industry-aligned with market trends, which makes it a popular course among students. Post completion of the PGDM course, students are open to several PGDM jobs, such as Business Consultant, Administrative Officer, Finance Manager, HR Manager, PR Officer, Marketing Executive, etc. The PGDM average salary for these roles ranges between INR 4 and 10 LPA.
All about MBA:
PGDM Course
Course Name | PGDM |
PGDM Full Form | Post Graduate Diploma in Management |
PGDM Course Level | Postgraduate |
PGDM Duration | 2 years |
PGDM Eligibility | Bachelor's degree in any stream |
PGDM Admissions | Entrance Exam Base/Direct Admission |
PGDM Entrance Exams | |
Examination Type | Semester System |
PGDM Course Fees | INR 3 -12 lakhs |
PGDM Top Colleges | IIM Kolkata, NMIMS, SPJIMR etc. |
PGDM Distance | |
Average Salary | INR 4 - 10 LPA |
PGDM Career Options | Business Consultant, Administrative Officer, Finance Manager, Human Resource Manager, Public Relations Officer, Marketing Executive |
PGDM Top Recruiting Sectors | Marketing Agencies, Market Research Companies, Banks, Educational Institutions, Consultancies, Law Firms, Entertainment Portal, Hotels and Resorts |
PGDM Top Companies | McKinsey & Company, Deloitte Consulting, EY LLP Consulting Practice, Booz Allen Hamilton, PwC Advisory Services LLC, Accenture, etc. |
What is a PGDM Course?
PGDM's full form is a Post Graduate Diploma in Management, and it is a practical and industry-focused management course. The PGDM admission process and fees vary from college to college. While some colleges use entrance exams to grant PGDM admissions, others use a merit-based system.
The course curriculum is relatively similar to that of an MBA, and it aims to provide students with management training programs through rigorous case studies and seminars to prepare them for the workplace.
PGDM Course Fees and Duration
Depending on the colleges, PGDM course fees vary. Private institutions may charge significant tuition fees for admission to a postgraduate diploma in management, whilst government colleges may only charge a small fee. Typically, PGDM course fees range between INR 3 and 12 lakhs.
Why Pursue PGDM Course?
Students who desire to pursue professions in the management industry find PGDM very challenging. that the PGDM program is quite rigorous. Within organizations, MNCs, and organizations, there is a significant demand for managers, leaders, functional heads, and specialized executives. As a result, students are more eager to join this PGDM course.
- Versatile Course: The PGDM Syllabus is structured to help students develop their professional expertise in any sector. For their general growth, students who have earned a bachelor's degree in any discipline with the required percentage can enroll in the PGDM course.
- Interdisciplinary Degree: The Postgraduate Diploma in Management (PGDM) is an interdisciplinary course that integrates management, accounting, economics, and other streams to fulfill industry needs.
- Manager-level positions: The need for quality managers is growing throughout the nation daily. To fulfill industry standards, organizations frequently spend a significant amount of money on their employees' training and development. The PGDM course assists students in preparing themselves as per industry and market requirements.
- Career Upliftment: The PGDM course aids students in moving up the career ladder. It helps to modify the CV and add skills to the resume to be more employable in the eyes of prospective employers.
- Increased Salary: It offers salary increments and promotions to the candidates as per market standards.
Types of PGDM
There are numerous options available for the students to select from the various types of PGDM courses offered due to an increase in the demand for PGDM courses. There are three modes for the PGDM course, which are:
- PGDM in Full-time mode
- PGDM in Online Mode
- PGDM in Distance Mode
Full-Time PGDM
The PGDM course in full-time mode gives students an in-depth understanding of industry norms and requirements. This PGDM course format is the most popular. PGDM course fees for full-time can be anywhere between INR 4 to 24 LPA as per the colleges.
Online PGDM
Short-term online PGDM courses are provided by many online learning platforms and can be extremely helpful in mastering a certain topic or subject. The edtech institutes provide a variety of management specializations as per the industry trends, which can help advance in a professional career. Moreover, the course curriculum of these online PGDM courses is constantly updated as per the latest trends.
PGDM Course Fees | INR 20,000 to 2,00,000 |
PGDM Admissions | Based on Entrance exams or direct admissions |
Specializations | Business, Market Research, Logistics, IT management, Finance, Digital Marketing |
Distance PGDM
The distance PGDM course is conducted in distance mode for which students need not regularly attend the college. This type of course is extremely useful for working professionals.
Distance PGDM Top Colleges
The graph below displays the top PGDM colleges in India:
Name of the College | PGDM Course Fees |
INR 19,800/- | |
INR 25,000/- | |
INR 64,600/- | |
INR 37,000/- | |
INR 4,400/- | |
INR 27,500/- | |
INR 54,000/- |
IGNOU PGDM
PGDM Eligibility Criteria | Graduation with 50% aggregate for general and 45% for reserved category candidates |
PGDM Admission | Based on entrance exams |
PGDM Entrance Exams | OPENMAT |
PGDM Course Fees | INR 15,000-20,000 |
NMIMS University Distance PGDM
PGDM Eligibility Criteria | Graduation with at least 50% aggregate or two years of experience |
PGDM Admission | Entrance Exam based |
PGDM Entrance Exams | |
PGDM Course Fees | INR 86,000 |
Symbiosis Distance PGDM
PGDM Subjects
The PGDM subjects can be classified into four semesters. The course curriculum is in line with industry standards and norms, assisting the student in becoming employable and landing better employment opportunities. Most of the theory and fundamental subjects are covered in the first and second semesters. The students must complete a required internship as part of the course to assist them in becoming used to the industry demands and problems.
The subjects for PGDM are divided into two sections, a series of required subjects called core subjects that cover all management fundamentals and a set of elective subjects that focus on developing job-specific skills and knowledge.
Here is a list of both types of subjects:
Core Subjects
- Macro Economics
- Business Statistics
- Business Law
- Marketing Research
- Marketing Management
- Production of Ops Management
- Management Information System
- Financial Accounting for Decision-Making
Elective Subjects
- Digital Marketing
- Financial Statement Analysis
- Web and Social Media Analytics
- Logistics and Supply Chain Management
- Strategy Execution
PGDM Syllabus
The PGDM syllabus is broken up into four semesters. Each semester covers some important topics followed by semester-end examinations. The tabulated form below mentions the semester-wise syllabus of the PGDM course:
PGDM Syllabus First-Year
Semester 1 | Semester 2 |
Management Functions & Behavior Human Resource Management Economic and Social Environment Introduction to Information Technology | Operations Management Quantitative Techniques for Managers Marketing Management Strategic Management Managerial Economics |
PGDM Syllabus Second Year
Semester 3 | Semester 4 |
Marketing Management (MM) International Business (IB) Human Resource Management (HR) Operations Management (OM) Information Systems (IS) Insurance Management (IN) | Business Law & Corporate Governance International Business Management Information Systems Research Methodology Project Work |
Course Comparison: PGDM vs Other Courses
PGDM vs MBA
While MBA and PGDM are both popular choices for management careers, there are a few differences between these courses. The tabulated form below lists the difference between PGDM and MBA on various parameters such as qualification, eligibility, fees, admission, entrance exams, jobs, and salary.
Features | MBA | PGDM |
Full-Form | Master of Business Administration | Post Graduate Diploma in Management |
Qualification | Degree Course | Diploma Course |
Duration | 2 years | 1-2 years |
Eligibility | Bachelor's degree in any stream with a minimum 50% score from a recognized university | Bachelor's degree in any stream from a recognized university |
Admission Process | Entrance Exam | Entrance Exams/Direct Admission |
Entrance Exams | ||
Fees | INR 2-20 LPA | INR 4-24 LPA |
Subjects covered | Financial Management, Marketing Research, HR Management, Customer Relationship Management, Operations Management, etc. | Marketing Management, Financial Accounting, Business Economics, Business Communication, HR Management, etc. |
Average Salary (Starting salary) | INR 7 - 10 LPA | INR 12 - 15 LPA |
Job Opportunities | Marketing Manager, HR Manager, Business Analyst, Finance Advisor, Investment Banker, etc. | Project Manager, Consultant, Data Scientist, Auditor, Tax Specialist, etc. |
More MBA Courses:
PGDM vs PGPM
The tabulated form below lists the difference between PGDM and PGPM on various parameters such as qualification, eligibility, fees, admission, entrance exams, jobs, and salary.
Parameters | PGPM | PGDM |
Fullform | Post Graduate Program in Management | Post Graduate Diploma in Management |
Duration | 1 year | 2 years |
Eligibility Criteria | Bachelor's degree in any stream Valid score in Entrance Exams Mandatory Minimum Work Experience | Bachelor's degree in any stream Valid score in Entrance Exams
|
Work Experience | 2+ years expected | None required |
Fees | INR 10 - 25 LPA | INR 1 - 20 LPA |
Average Salary | INR 15 LPA | INR 8 LPA |
PGDM Specializations
Given below is the list of the PGDM specializations that candidates can opt for as per their areas of interest and preferences:
- PGDM in Human Resource Management
- PGDM in Information Technology
- PGDM in Sales and Marketing
- PGDM in Digital Marketing
- PGDM in Entrepreneurship
- PGDM in Business Analytics
- PGDM in International Business
- PGDM in Supply Chain Management
- PGDM in Banking and Finance Management
- PGDM in Hospitality Management
Given below is detailed information on some of the most popular specializations in PGDM or Postgraduate Diploma in Management:
PGDM in Finance
Students who are interested in learning about the various facets of financial management, such as working capital management, international finance, etc., should take this specialization. PGDM in finance educates you on how to make balance sheets and examine various notions of cost minimization.
Course Fees | INR 1 to 5 lakhs |
Average Salary | INR 4 to 12 LPA |
PGDM in HR
PGDM in HR is geared to help students master and build a career in human resource management. Students who complete the program will have the abilities and information needed to manage human resources in an organization. Human Resource Information Systems, Performance Management, Human Resource Planning, Training and Development, and Compensation Administration are the main subjects studied in this curriculum.
Course Fees | INR 4 to 10 lakhs |
Average Salary | INR 5 to 15 lakhs |
PGDM in Business Analytics
To give meaningful information from the data that has been gathered, processed, and analyzed, the PGDM in Business Analytics promises to train students and provide expertise in terms of business analytics processes, tools, and methodologies.
Course Fees | INR 3 to 12 lakhs |
Average Salary | INR 5 to 10 LPA |
PGDM in Marketing
All aspects of marketing management, marketing research, etc. are covered in this specialization. The PGDM in Marketing teaches students how to use a variety of tactics and tools to raise the value or market worth of company products and services.
Course Fees | INR 2 to 5 lakhs |
Average Salary | INR 4 to 10 LPA |
PGDM in Operations Management
This course aims to give students the skills they need to deliver high-quality services quickly and affordably. Professionals and students who want to study the various competencies connected to the efficient and effective functioning of the operations department pursue the PGDM in Operations Management.
Course Fees | INR 3 to 10 lakhs |
Average Salary | INR 4 to 8 LPA |
PGDM in International Business
This two-year program offers more in-depth instruction in the subject of international business and its connected areas. Colleges like the Asian Business School and the Indian Institute of International Trade offer PGDM courses in international business.
Course Fees | INR 4 to 12 lakhs |
Average Salary | INR 4 to 10 LPA |
Skills Required for PGDM
Just like every job requires certain skills, here is a list of skills that employers look for candidates with a degree in PGDM:
- Communication Skills
- Problem-solving Skills
- Cross-cultural competency
- Leadership Skills
- Teamwork
PGDM Eligibility
Candidates for admission must hold a bachelor's degree in any subject from a reputable university or institute with a minimum average score of 50%. However, to get admission to prestigious colleges like IIMs, a minimum of 60% or 6.5 CGPA on a scale of 10 is required at the graduation level. There is no set age limit for taking a postgraduate diploma in management.
PGDM Entrance Exams 2024
Check out the PGDM entrance exam dates conducted at national, state, and university level:
Name of the Exam | Registration Date | Exam Date | Result Date |
23rd August 2023 – 23rd November 2023 | 10th December 2023 17th December 2023 22nd December 2023 | 10th January 2024 | |
2nd August 2023 (10 am) – 21st September 2023 (5 pm) | 26th November 2023 | 21st December 2023 | |
15th July 2023 – 30th November 2023 | 7th January 2024 | January 2024 | |
Phase 2: 5th January 2024 – 10th January 2024 | Phase 2: 11th January 2024 – 15th January 2024 | Within 48 hours after the exam | |
PBT: 20th February 2024 IBT: 21st February 2024 IBT: 5th March 2024 IBT: 8th March 2024 CBT: 3rd March 2024 | PBT: 25th February 2024 IBT: 21st February 2024 IBT: 10th March 2024 IBT: 8th March 2024 CBT: 10th March 2024 | To be announced | |
Throughout the year | Throughout the year | After the exam |
CAT
CAT stands for Common Admission Test. It is a common entrance exam for admissions into IIMs and other reputable higher education universities in India.
XAT
XAT stands for Xavier Aptitude Test. XLRI, Jamshedpur administers this entrance exam to grant admission to MBA/PGDM courses in the university.
MAT
The Management Aptitude Test (MAT) is a national-level entrance exam for MBA/PGDM admissions. It is conducted by the All India Management Association (AIMA).
NMAT
NMAT refers to the National Management Admission Test. It is conducted by NMIMS University and other famous B-Schools in India for admissions into MBA and PGDM courses.
GMAT
GMAT is another entrance exam that is organized by the Graduate Management Admission Council (GMAC) for admissions into MBA, PGDM, and other management degrees.
ATMA
ATMA stands for AIMS Test for Management Admissions. It is a national-level exam, which is conducted by the Association of Indian Management Schools (AIMS) for admission into MBA, PGDM, MCA, and other courses.
CAT vs MAT
CAT and MAT are two of the top PGDM entrance exams. Nearly all Indian colleges accept these two PGDM entrance tests. The CAT and MAT exam formats are slightly different. IIMs only take CAT scores.
Given below is the distinction between CAT and MAT based on various parameters:
Features | CAT | MAT |
Number of Sections | Three | Five |
Duration | 180 minutes | 150 minutes |
No. of Questions | 100 | 200 (40 from each section) |
No. Of Papers | 1 | 1 |
Test Centre | Candidates have the option to choose four cities | Candidates have the option to choose three cities |
Level of Difficulty | High | Moderate |
Marking Scheme | Correct Answer: +4 Incorrect Answer: -1 | Correct Answer: +1 Incorrect: -.25 |
No. of Exams conducted yearly | Once a Year | Four times a year |
Major Colleges | All IIMs, IITs, FMS, MDI, IMT | Christ College Institute of Management, IMS, BIMTECH (Noida) |
Official Website | iimcat.ac.in | mat.aima.in |
PGDM Admission Process
- The prerequisite for PGDM course admission is a bachelor's degree from an accredited university with a minimum cumulative grade point average (CGPA) of 50%.
- Accepted entrance exams for PGDM Admission include CAT, MAT, XAT, GMAT, SNAP, CMAT, ATMA
- Top universities including IIMs, IITs, FMS Delhi, and XLRI provide the professional 2-year degree program known as PGDM in the management stream.
- PGDM admission costs vary between 3-12 lakhs.
- Academicians advise applicants to select the best business school possible, even after achieving a 99% CAT score.
Top PGDM Colleges in India
The graph below displays the top colleges for PGDM or postgraduate diploma in management courses in India:
PGDM Colleges | NIRF Ranking 2023 | Course Fees | Placements | Entrance Exams |
1 | INR 22,00,000/- | INR 18.26 LPA | ||
2 | INR 23,00,000/- | INR 19.5 LPA | ||
4 | INR 19,00,000/- | INR 18.4 LPA | ||
6 | INR 14,16,000/- | INR 24 LPA | ||
7 | INR 14,63,000 | INR 27.75 LPA | ||
9 | INR 15,00,000/- | INR 19.21 LPA | ||
SP Jain Institute of Management and Research (SPJIMR), Mumbai | 20 | INR 16,00,000/- | INR 17.2 LPA | |
34 | INR 16,49,000/- | INR 9 LPA |
PGDM Region-Wise Course Fees
This section emphasizes the city-wise top colleges to pursue a postgraduate diploma in management or PGDM courses. Students belonging to different cities can find their best pick of colleges as per their location.
PGDM Colleges in Mumbai
Here is a list of the top PGDM colleges in Mumbai along with their course fees:
Name of the College | PGDM Course Fees |
INR 23,00,000/- | |
Xavier Institute of Management & Entrepreneurship (XIME), Bangalore | INR 7,50,000/- |
INR 6,00,000/- | |
INR 5,60,000/- | |
INR 16,00,000/- |
PGDM Colleges in Delhi
Here is a list of the top PGDM colleges in Delhi along with their course fees:
Name of the College | PGDM Course Fees |
INR 4,80,000/- | |
INR 12,75,000/- | |
INR 16,49,000/- | |
INR 7,70,000/- | |
INR 11,23,200/- |
PGDM Colleges in Bangalore
Here is a list of the top PGDM colleges in Bangalore along with their course fees:
Name of the College | PGDM Course Fees |
INR 23,00,000/- | |
Xavier Institute of Management & Entrepreneurship (XIME), Bangalore | INR 7,50,000/- |
INR 5,60,000/- | |
INR 16,00,000/- | |
INR 6,00,000/- |
PGDM Colleges in Chennai
Here is a list of the top PGDM colleges in Chennai along with their course fees:
Name of the College | PGDM Course Fees |
INR 15,26,000/- | |
INR 59,080/- | |
INR 3,50,000/- | |
INR 1,00,000/- | |
INR 6,00,000/- |
PGDM Colleges in Pune
Here is a list of the top PGDM colleges in Pune along with their course fees:
Name of the College | PGDM Course Fees |
INR 3,00,000/- | |
Symbiosis Institute of Management and Human Resource Management | INR 9,40,000/- |
Bharati Vidyapeeth's Institute of Management & Entrepreneurship Development (BVU IMED) | INR 2,25,000/- |
INR 2,62,500/- | |
INR 4,45,000/- |
PGDM Colleges in Hyderabad
Here is a list of the top PGDM colleges in Hyderabad along with their course fees:
Name of the College | PGDM Course Fees |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | INR 8,27,000/- |
INR 6,95,000/- | |
INR 4,00,000/- | |
INR 50,000/- | |
INR 4,55,000/- |
PGDM Colleges in Kolkata
Here is a list of the top PGDM colleges in Kolkata along with their course fees:
Name of the College | PGDM Course Fees |
27,00,000 | |
5,51,000 | |
3,90,000 | |
2,51,400 | |
3,70,000 |
PGDM College Rankings
This section provides the college rankings in India that offer PGDM courses:
Top PGDM Colleges as per India Today Ranking
The table below displays the top PGDM colleges as per India Today Rankings:
India Today Ranking | Name of the College/Institute |
1 | |
2 | |
3 | |
4 | |
5 | |
6 | |
7 | |
10 | |
14 | |
21 |
Top PGDM Colleges as per NIRF Ranking 2023
The table below displays the top PGDM colleges in India as per NIRF Rankings:
PGDM Colleges | NIRF Ranking 2023 | Course Fees |
1 | INR 22,00,000/- | |
2 | INR 23,00,000/- | |
4 | INR 19,00,000/- | |
6 | INR 14,16,000/- | |
7 | INR 14,63,000 | |
9 | INR 15,00,000/- | |
SP Jain Institute of Management and Research (SPJIMR), Mumbai | 20 | INR 16,00,000/- |
22 | INR 13,84,000 | |
34 | INR 16,49,000/- |
Top PGDM Colleges Accepting Entrance Exams
The table below shows the top PGDM colleges and the entrance exams that they accept to grant admissions into PGDM courses:
Name of the College/Institute | Entrance Exams Accepted |
PGDM Abroad
As per PGDM eligibility criteria for abroad, students must have completed a bachelor's degree in business or a related discipline with at least a 50% aggregate score from an accredited university.
US
College/University Name | Course Fees |
University of Pennsylvania Wharton | INR 1,23,79,221 (162,756 USD) |
Harvard Business School | INR 1,11,70,692 (146,880 USD) |
Stanford Graduate School of Business | INR 1,13,64,276 (149,412 USD) |
INR 1,17,03,876 (154,336USD) | |
Columbia Business School | INR 1,17,77,437 (154,752USD) |
UK
College/University Name | Course Fees |
London Business School | INR 82,90,540 (109,000 USD) |
Cambridge Judge Business School | INR 53,75,929 (70,680 USD) |
Said Business School | INR 56,10,718 (73,767 USD) |
Warwick Business School | INR 38,15,017 (50,158 USD) |
Alliance Manchester Business School | INR 41,49,833 (54,560 USD) |
Australia
College/University Name | Course Fees |
INR 47,00,508 (61,800 USD) | |
AGSM | INR 44,08,437 ( 57,960 USD) |
INR 21,09,752 (27,738 USD) | |
INR 23,09,181 (30,360 USD) |
Canada
College/University Name | Course Fees |
USD 5,986.50 | |
Confederation College of Applied Arts and Technology | INR 9,02,000 (USD 15,406) |
- | |
- | |
- |
PGDM Jobs and Salary
The graph below compares the average salary for various PGDM jobs:
Job Profile | Average Salary |
HR Manager | INR 7,15,000 |
Strategic Manager | INR 10,84,000 |
Marketing Manager | INR 7,15,000 |
Brand Manager | INR 10,55,000 |
International Sales Manager | INR 10,80,000 |
Finance Manager | INR 9,99,000 |
Business Consultant | INR 9,86,000 |
PGDM Top Recruiters
Here is a list of the top recruiting companies that hire postgraduate diploma holders in management:
- TCS
- Capgemini
- Accenture
- Deloitte
- EY (Ernst & Young)
- Cognizant
- Wipro Technologies Ltd.
- HCL Technologies Ltd.
- Infosys Limited
PGDM Placements: Company-wise
Given below are the salary packages offered by different companies that participate in the placement drive across top PGDM colleges in India:
Company Name | Placement Offered |
Hero Motocorp | INR 4,05,000 - INR 19,05,000 |
Mahindra & Mahindra | INR 5,08,000 - INR 18,43,000 |
Maruti Suzuki | INR 7,85,000 - INR 24,45,300 |
Tata Motors | INR 6,10,070 - INR 22,85,000 |
Bosch | INR 5,90,170 - INR 22,40,000 |
State Bank of India | INR 7,25,580 - INR 20,70,000 |
Ultratech Cement | INR 8,50,000 - INR 28,03,000 |
Kajaria Ceramic | INR 6,70,000 - INR 18,39,000 |
Pidilite Ind | INR 7,58,878 - INR 25,30,897 |
ITC Limited | INR 6,38,009 - INR 19,67,115 |
HCL Ltd | INR 7,35,832 - INR 17,30,000 |
Wipro Infotech | INR 7,65,000 - INR 21,30,000 |
Omaxe Housing | INR 4,90,000 - INR 16,00,000 |
Amazon | INR 8.15,000 - INR 19,30,000 |
Apollo Hospitals | INR 6,50,000 - INR 22,95,000 |
Mahindra Holidays | INR 7,20,128 - INR 18,80,000 |
Larsen & Toubro | INR 8,40,320 - INR 24,80,000 |
Shell | INR 6,76,000 - INR 21,25,000 |
Hindustan Unilever | INR 7,80,000 - INR 23,70,000 |
Asian Paints | INR 7,25,000 - INR 20,42,750 |
Vedanta Group | INR 2,20,000 - INR 21,44,000 |
Bharti Airtel | INR 10,20,975 - INR 21,80,245 |
HDFC Bank | INR 6,90,870 - INR 18,60,400 |
ICICI Bank | INR 6,40,000 - INR 18,91,000 |
Jet Airways | INR 5,90,168 - INR 15,00,000 |
MRF Tyres | INR 7,20,000 - INR 24,02,000 |
PGDM Placements: College-wise
The best placement opportunities are available to students in universities around the nation through the PGDM program. The average income of the best PGDM colleges in the nation is shown below:
College/Institute Name | Placement Offered |
27,90,000 | |
26,30,000 | |
26,18,000 | |
26,13,000 | |
25,60,000 | |
24,30,000 | |
24,25,000 | |
23,08,000 | |
22,90,000 | |
22,80,000 |
How to Choose the Right PGDM Course?
Here are a few factors to consider while choosing the right PGDM course:
Rankings and Accreditations
AMBA, AACSB, EQUIS, and NBA accreditations awarded by national as well as international bodies can be used to gauge the quality in the management domain. Rankings by private and public bodies such as NIRF rankings, Outlook India, and Business Today can also be used to consider top B-schools.
Curriculum and Faculty
Both curriculum and faculty play an important role in making a PGDM course significant. An up-to-date curriculum including modern-day topics like artificial intelligence, machine learning, and business analytics fosters an industry-aligned program. Research-oriented faculty have a better value proposition to students in terms of techniques and relevance.
Alumni and Peer Group
Investigating the alumni and peer groups about their current job profiles and diverse backgrounds can say a lot about the PGDM course program.
Live Projects and Summer Internships
Another determining factor involves the focus on experiential learning through live projects and summer internships. In these programs, students get to work under industry experts and acquire first-hand experience with real-time industry problems.
Student Exchange Program
Student exchange programs and student immersion activities can add significant value to your learning curve. Global exposure, interaction with diverse cultured people, and understanding of their behavior a considered factors for choosing a PGDM course.
Placement Reports
Past placement records are one of the most crucial aspects when choosing a PGDM course program. While most students only look at the lowest, average, and highest salaries offered, it is advisable to look at the recruiting companies that visit the campus. Analyze your goals in alignment with the placement records and companies to make an informed PGDM course choice.
What Can a PGDM Graduate Do?
The PGDM opens up opportunities for a successful management career. However, there are other employment alternatives outside of working for corporations. Graduates of the PGDM course have a range of choices, which are listed below:
- Higher Studies: After finishing the PGDM course, students may continue their education by enrolling in a doctoral program. These programs are offered in a variety of specialist subjects, including management studies, business administration, business management, human resource management, etc.
- Teaching: Graduates who want to impart their knowledge and skills to younger pupils might work as teachers at educational and research institutions.
- Jobs: Depending on the specialization they choose, PGDM degree applicants can follow several professional pathways, including Operations Manager, Project Manager, HR Manager, and Operations Consultant.
Why PGDM Can Be a Promising Career Choice?
PGDM is one of the most sought-after management courses for a wide array of reasons. The training is thorough and offers useful management strategies along with standards that are focused on the business world. Graduates in business administration or management are not the only ones who can take the course.
Anyone interested in PGDM can enroll in the program as long as they meet the requirements and pass the relevant entrance exams. Here are some explanations as to why a PGDM can lead to a lucrative career:
- High Pay: The position is a strong one in the economy since it offers freshmen a decent starting salary and has a lot of senior or experienced grads.
- Exposure: A management degree allows you to observe the real-world business environment through internships, business meetings, and industrial workshops. Before putting the essential business into practice, it is advantageous to have practical knowledge of it.
- Opportunities: One of the most crucial factors that employers take into account when hiring is the management degree. A management degree would also be a wise alternative for people looking to advance in their careers.
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Frequently Asked Questions
What is PGDM full form?
PGDM full form is Post Graduate Diploma in Management.
What is a PGDM course?
PGDM or Post Graduate Diploma in Management is a management course that prepares candidates for manager-level positions in various sectors and industries.
What is PGDM eligibility?
The minimum eligibility for PGDM course is a bachelor’s degree in any stream with a minimum of 50% score from a recognized university. It must be noted that for prestigious IIMs and other top management schools, the score must be 60% or equivalent CGPA.
Is PGDM is equal to MBA?
Yes. PGDM is diploma course and is equivalent to MBA degree. AMoreover, the PGDM institutes are authorized by AICTE to conduct exams .
Is PGDM a diploma or degree?
PGDM is a diploma course.
Which PGDM course is the best?
The top PGDM course specializations are: Marketing Finance Information Technology International Business Business Analytics
What is the duration of the PGDM course?
The PGDM course duration is 2 years.
What are PGDM course fees?
The course fees for PGDM program are INR 3,00,000 to 12,00,000 lakhs. While the private institutions may charge a high course fee, government colleges have slightly low course fees.
What is the PGDM syllabus?
PGDM syllabus includes Human Resource Management, Introduction to Information Technology, Marketing Management, Business Law & Corporate Governance, International Business, Management Information Systems, etc.
What are the job options after PGDM?
PGDM degree holders can find job opportunities in various sectors including finance, human resources, marketing, sales, etc. Some of the top PGDM jobs are: Operations Manager Project Manager HR Manager Operations Consultant
What is the average salary after PGDM course?
After completing PGDM course, students can expect a salary between INR 1.8 to INR 11 LPA in India. The average salary after PGDM course is INR 3.6 LPA.
Does PGDM offers college placements?
If the college/institution conducts placement drives, then students can get placed after completing PGDM course. It totally depends on the college. Among other options, students have the option to find various job roles in both private as well as government sectors.
Is PGDM valid for government jobs?
Yes. PGDM, which is approved by AIU is an equivalent to an MBA degree and can be considered as a valid qualification for government jobs and higher studies options.
Is PGDM a professional degree?
Yes. PGDM (post graduate diploma in management) is a two-year professional diploma course that educates students on the industry standards and norms. It is a management course that trains students for various management related roles in the job market.
What is the admission process for PGDM course?
PGDM admissions are based on both direct admission as well as entrance exams. While most colleges offer admissions based on entrance exams, some colleges also grant direct admissions into PGDM course.
Which are the major PGDM subjects?
PGDM subjects covers both core and elective subjects. Core PGDM subjects include Macro Economics, Business Statistics, Business Law, Marketing Research, Marketing Management, Production of Ops Management, Management Information System, and Financial Accounting for Decision Making.
Does PGDM have value?
There is no distinction between the PGDM (Post Graduation Diploma in Management) and the MBA (Masters in Business Administration). These are essentially the same management degree courses being given under various labels by various institutions. According to Indian legislation, only a university is permitted to offer programmes like B.E., B.Tech, and MBA.
Does PGDM have scope?
Yes, PGDM has immense scope in terms of jobs and career options. It opens up a variety of job opportunities, such as Sales Managers. CEOs, marketing and operations managers, and many others. The All India Council for Technical Education or AICTE has approved the PGDM course.
Can I do PGDM course in distance mode?
Yes. Many colleges such as IGNOU, NMIMS, Welingkar, SCDL, Nalanda Open University offers PGDM distance education program. Students who are unable to opt for a full-time course can enroll in distance learning programs.
Is PGDM a good course for freshers?
Yes. PGDM is considered an excellent fit for freshers to get job opportunities in the management firms. Due to the core value of the course structure, PGDM graduates are regarded as professionals equipped with jobs and skills to work in the management industry.