Diploma in Management
A Diploma in Management is a popular course designed for students and working professionals who want to enhance their leadership and administrative skills. Pursuing a Diploma in Management can open doors to various sectors including business, finance, marketing, and operations. This program is structured to provide foundational and advanced knowledge through practical case studies and real-world applications. Many institutions now offer a Diploma in Management in flexible formats, such as full-time, part-time, and online. The Diploma in Management is also ideal for those aiming to transition into a new career or climb the corporate ladder. With a growing demand for skilled managers, holding a Diploma in Management boosts employability and career growth. Choosing the right institute for your Diploma in Management ensures global recognition and quality education. If you're planning to step into the world of business, a Diploma in Management is your fast-track to success.
Diploma in Management Overview
Diploma in Management is a full-time course that focuses on management fundamentals such as HR management, marketing management, finance management, accounting, communication skills, organisational behaviour, entrepreneurship and other relevant subjects. The 2 years entirety of the course is divided into 4 semesters. Admissions to Diploma in Management are usually done on the basis of merit. Students need not undertake any university entrance examinations, but some colleges may hold their own exams that are followed by group discussions and personal interviews.
The average course fee for Diploma in Management  ranges from INR 7,500 to 40,000. Graduates who have successfully completed their Management Diploma programme have greater opportunities to pursue further studies in Business, Entrepreneurship, Marketing, and Operations. Candidates are also eligible to pursue postgraduate courses suh as MBA or PGDM. The average salary of candidates who pursued Diploma in Management ranges from INR 4 LPA – 7 LPA.
Diploma in Management Course Highlights
| Course Level | Diploma |
| Duration | 1 – 2 years |
| Examination Type | Semester System |
| Eligibility | Graduation in any stream from a recognized university or college |
| Admission Process | Merit-based / Entrance based |
| Course Fee | INR 7,500 to 40,000 |
| Average Starting Salary | INR 4 LPA – 7 LPA |
| Job Positions | Business Analyst, Marketing Manager, Business Consultant, Production Manager, Human Resource Manager, Management Accountant, Research and Development Manager, Business Management Executive, Finance Manager, Information Systems Manager |
Diploma in Management Admission Process
As already discussed above, there are no entrance exams held for enroling students for a degree in Diploma in Management. Students are selected on the basis of merit or their marks that they score during their graduation degrees. However, there are exceptions where certain colleges hold their own entrance exams for enrolling students for the course. Â
- The candidates need to apply for colleges and choose a diploma in management as the course.
- They are then required to appear for GD and PI rounds based on which the qualifying candidates are selected.
Diploma in Management Eligibility
The basic eligibility criteria required to pursue a Diploma in Management course are listed below for your reference.
- Candidates applying for Diploma in Management must possess a graduation degree in any discipline with an aggregate of 50% marks and above.
- Candidates belonging to the SC/ST group are required to possess an aggregate of 45%.Â
- Candidates with work experience as professionals for up to 3 years are given more preference.
Diploma in Management Syllabus
| Semester I | Semester II |
|---|---|
| Organizational Behaviour | Marketing Management |
| Financial Management | Managerial Economics |
| Cost Accountancy | Business Laws |
| Principles of Management | Ethics of Business |
| Introduction to Computers | Quantitative techniques and methods in Management |
| Semester III | Semester IV |
| Production Techniques & Production Management | Laws of Taxation |
| Management Accountancy | Industrial Relation & Human Resource Management |
| Management Information System | Taxation |
| Material Management | Research Methodology |
| Production Management | Financial Management |
MBA v/s Diploma in Management
Students tend to get confused between MBA and Diploma in Management courses. Hence a comparison is given between MBA and Diploma in Management courses.
| MBA | Diploma in Management |
|---|---|
| A Diploma degree is offered to students at the completion of management diploma courses. | Whereas at the conclusion of MBA programmes the students are offered with a postgraduate degree. |
| The curriculum for MBA courses is planned by the university. In two MBA colleges within the same university, the core syllabus would be similar. | Diploma courses, however, are decided by each institute. This gives the curriculum of the course some versatility. The Syllabus undergoes an annual modification in compliance with industrial requirements. |
| There are similar core subjects in both MBA and PGDM courses, but most MBA courses concentrate more on the theoretical and technical aspects of management than on a practical approach. | Diploma in management courses have a manufacturing emphasis and concentrate on business requirements-based skills. |
| Cost of MBA courses is somewhat less than the Diploma in Management. This is due to the fact that most MBA colleges are funded by the government. | Cost of a Diploma in Management course is slightly higher than MBA as this course is mostly offered by private institutions. In most cases the cost for both of these courses is more or less the same. |
Diploma in Management: FAQs
Ques. Can you get across a reputed company after pursuing a Diploma in Management?
Ans. Yes, you can. Diploma in Management course is identical to that of an MBA course. Infact, most B-Schools such as IIMs and XLRI award a post graduate diploma in management which is globally accepted.
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Ques. Is it worth getting a Diploma in Management?
Ans. Most students undermine the value of a diploma but getting a diploma in management is in no way less than an MBA. Infact, it is much better in certain aspects such as duration of the course and exposure. Hence, you are making a right choice by getting into a diploma in management programme
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Ques. What can I do with a Diploma in Management?
Ans. Students pursuing the course are placed across various sectors such as accounting, marketing, management of human resources, logistics, and more. In the public or private sector and for any size of company, you will operate.
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