Post Graduate Diploma in Management (PGDM) is a diploma course offered by the various institutes that are recognised by the All India Council for Technical Education (AICTE) and which are autonomous in nature, i.e. not affiliated to any university. However, if a university is accredited by the Association of Indian Universities (AIU), then PGDM course becomes equivalent to an MBA degree. Duration of the course is 2-years which studies the intricacies of management and intensifies the mind of aspirants to tackle the diurnal obstacles that are faced in the field of management. In order to be eligible for the course, candidates must have completed graduation preferably from management.
The course is designed to build essential skills and capabilities in a scholar to hold managerial posts in sundry firms and companies. It addresses a learner responsive and sensitive to global issues. The aspirants acquire managerial, executive and leadership skills during the tenure of this course. PGDM course emphasizes teamwork, leadership and practical application-oriented methodology of studies. This diploma course requires meticulous knowledge, hard work and perseverance as is required in any regular degree course. A typical PGDM course program has a basic curriculum like international business, human resource, business management, finance, and communication management etc.
Some of the specializations that an applicant can opt for during PGDM are as follows:
It is observed that a PGDM course aspirant carries an upper edge due to the exposure and experience that they have gained during their study time when in comparison with MBA course student. After the completion of the PGDM course, the doctoral programmes can be opted by the candidate.
The PGDM course list in India and their scope in the respective discipline:
The course helps in learning all the marketing activities of a product or enterprise like sales and distribution, product development, brand development and market research.
Helps the one to deal with and understand the dynamic business needs of an organization like banking, economics, accounting and market structure etc.
The student will be skilled in account management, systems consultancy, business development, sales and ERP solutions, while the IT industry is ruling the economy it is a lucrative choice to opt for this course.
This course helps you to deal with industrial relations and personnel management and hence creating jobs with organizations relying hugely on the mobilization and development of their human resource.
A fast-growing sector with inadequate experienced and qualified professionals. The booming aviation industry, upcoming luxury hotels, and tourism development have led to the opening of new job opportunities in this sector.
Post Graduate Diploma in Management (PGDM) and Masters in Business Administration (MBA) both are the management courses at Master’s level. Both the courses have a materialistic orientation and it’s difficult to differentiate between these two. The main aim of the courses is to equip somebody who wants to move up in the hierarchy and enter into the management field. Below, is the differences between PGDM and MBA:
At the end of PGDM course, candidates are offered a Diploma. However, at the end of MBA programmes, applicants receive a degree.
In most cases, MBA course curriculum is created by the university. The core syllabus (and sometimes even elective subjects) is much same in two MBA colleges under the same university.
However, PGDM courses are determined by individual institutions. This gives supreme flexibility to the course curriculum. Every year syllabus undergoes a change according to industrial requirements.
Since PGDM courses are offered by autonomous bodies, learners need to be careful while taking admission. Many colleges and institutes make claims or do not have proper accreditation status. MBA degrees are conferred by numerous varsities, and hence there’s a lower chance of fraudulent claims.
Both MBA and PGDM courses have customary core subjects. However, MBA courses focus more on theoretical and technical aspects of management rather than adopting a practical approach whereas PGDM courses have an industrial orientation and focus on skills based on market requirements.
MBA courses have inferior tuition fees as compared to PGDM courses. This may be because most governments approved universities offer MBA degrees. In the case of PGDM degree, aspirants have to bear the cost of the entire programme. However, this is not an ironclad rule.
PGDM is a 2-year postgraduate course which is divided into 4 semesters. A semester wise syllabus is tabulated below.
Management Functions & Behaviour
Human Resource Management
Economic and Social Environment
Quantitative Techniques for Managers
Introduction to Information Technology
Business Ethics And Communication
Marketing Management (MM)
Business Law & Corporate Governance
Financial Management (FM)
International Business (IB)
Management Information Systems
Human Resource Management (HR)
Operations Management (OM)
IT Skills Lab
Information Systems (IS)
Economics & Social Sciences
Insurance Management (IN)
After completion of the PGDM course, one can find numerous fruitful employment opportunities in both the public and private sectors. Aspirants can go into research and educational institutes and become professors/teachers for Management, Accounting Business and Soft skills wherein their obligation is to impart their knowledge and expertise to the learners. Professionals can opt to become Human Resource Development Managers where they will have to comply with the standards set by organizations in which they slog under and manage the human resource. Human Resource is a key component of any firm which effectively manages the organization.
The probable salary offered to successful postgraduates in this field may range between 6 to 10 lakhs annually (approx) which may exceed as the experience of the aspirants proliferate.
Average Salary offered based on Job Position for Post Graduate Diploma In Management Professionals:
Average Salary Per Year (approx)
Human Resource Manager
2 to 3 lakhs
Rs 60,000 to 70,000
Rs 70,000 to 80,000
Rs 3 to 5 lakhs
Rs 2 to 4 lakhs
Project Manager (IT)
Rs 1 to 2 lakhs
Business Analyst (IT)
Rs 50,000 to 60,000
Rs 3 to 4 lakhs
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19 Feb, 2019
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