PGDM

An advanced educational program called the Post Graduate Diploma in Management (PGDM) is intended to give students comprehensive knowledge and useful abilities in a range of business and management-related topics. The PGDM course, which is comparable to an MBA, includes a broad range of topics, such as operations, marketing, finance, human resources and strategic management. The goal of this curriculum is to equip students for high-level managerial responsibilities by fostering critical thinking, leadership and decision-making abilities. With a focus on real-world application through case studies, projects, internships and industry connections, the curriculum is frequently industry-oriented.

OVERVIEW

PGDM or Post Graduate Diploma in Management is a two-year postgraduate diploma programme that offers practical knowledge of business management. PGDM is very similar to an MBA and both deal with management studies at the postgraduate level. PGDM programs are more industry-oriented while MBA programs are more theoretical in approach.

The basic eligibility criteria required to pursue a PGDM course is that of candidates having cleared their graduation across any discipline (preferably from commerce or management background) with an aggregate score of 50% or above or an equivalent CGPA from a recognised university. PGDM Admission is mostly based on various management entrance exams like MAT, CAT, XAT, and SNAP.

PGDM in comparison to MBA or other management courses is pursued at a larger scale for the fact that the PGDM Syllabus is market and industry-oriented. It follows current trends in the market and molds its syllabus accordingly.

PGDM: Course Details

ourse Duration	2 years
Eligibility	Graduation across any discipline (preferably commerce or management) with 50% aggregate score
Admission Process	Entrance Exams followed by GD / PI rounds
Course Fees (INR)	4,00,000 – 10,00,000
Average Salary (INR)	10 LPA – 14 LPA
Top Recruiters	McKinsey & Company, The Boston Consulting Group, Bain & Company, Deloitte Consulting, Booz Allen Hamilton, PricewaterhouseCoopers Advisory Services LLC, EY LLP Consulting Practice and Accenture
Job Profiles	Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer and Marketing Executive

About PGDM Course

Post Graduate Diploma in Management (PGDM) is a management course with a more practical approach and industry oriented course curriculum. The entire course structure of a PGDM course is quite similar to that of MBA. The main aim of the course curriculum is to impart management training programs amongst students by following up with rigorous case studies and seminars to prepare them as per the industry standards.

Why Pursue PGDM?

PGDM is considered as one of the most in-demand course amongst the students who want to pursue their careers in the management field. With a degree in PGDM candidates will not only have the opportunity to work across top organisations across managerial levels but also will have lucrative salary packages as compared to other management degrees.

Specialised Course: Compared to other courses, PGDM courses study a deeper level of scientific understanding of the task. A few of the popular PGDM courses offered to students are PGDMs in supply and logistics, marketing management, financial management, business analytics, human resource management, and many more. Major industry components that are not included in MBA courses are introduced to students in PGDM courses.
Industry Centric: Compared to MBA degrees, PGDM courses provide more focus on industry-centric subjects. This is because the curriculum and routine procedures for MBA courses remain the same from year to year. Nonetheless, PGDM courses have annual variations in their curriculum due to shifts in the market. These courses keep students ahead of other obsolete education techniques that have been used for years by helping them study the facts and get an understanding of the current market conditions. The PGDM programme is a great option for those who want to pursue business because it emphasises horizontal rather than vertical abilities.
Lucrative Course: These courses are profitable because they provide highly sought-after skills that employers value, boosting the likelihood that a student will find work. PGDM programmes have gained prominence and drawn interest from graduates seeking employment in the industrial sector. This is because the program’s skill-based approach enables students to pursue lucrative and well-paying career options. The PGDM’s skill-based courses assist students in developing their talents prior to graduation, enhancing their employability and demand.
Pursuing a Successful Corporate Career: A PGDM degree is highly valued in the corporate sector and is regarded as having more potential than an MBA degree. Because the courses offered in this degree are specialised and skill-based, PGDM courses provide as a direct pathway into the business sector. However, in order to get the same outcome, an MBA degree requires more coursework than a PGDM. As they assist students in selecting a suitable career from their highly sought-after specialisations during the academic year, PGDM courses serve as self-contained career counsellors.
Personality Development: Compared to other traditional courses, these courses increase students’ success rate by preparing them to handle challenges in the workplace.
Students’ critical thinking, communication, and leadership abilities are all strengthened by PGDM, which also provides the groundwork for the development of more robust and accurate decision-making abilities.

Who should Pursue a PGDM?

The list of qualified candidates who can pursue the course are listed below for your reference.

Students who want to pursue a career in Management can opt for a PGDM Course.
This course promises a high salary for individuals who can lead teams and manage them. Individuals with high leadership capabilities should try in PGDM Course
Since PGDM accepts students from all courses, it provides a great opportunity to the students to shift their career into something that may interest them.
Many students opt for a PGDM course to advance to a managerial or administrative position or to shift their career. You shouldn’t do both at once, as it’s possible to spread too thin – not having the work experience in the new position to back it up.
Almost any student or working professional can do an PGDM Online and PGDM Distance education. This helps the students or professionals with time and financial constraints.
Professionals with hefty work experience have the opportunity to move up the ladder since PGDM Colleges do not discriminate on the basis of age.

When to do a PGDM?

PGDM course is done to upgrade the skills and meet the requirements of the industry by imparting practical approach. The perfect time of doing a PGDM course depends upon the individual.

PGDM course after the completion of graduation will not be as much fruitful as having an experience of a few years on the back. Major companies require 3-4 years of work experience and relevant skill addition in the resume in order to earn that fat paycheck that everyone dreams and also for a managerial level job.
Due to the high rewarding nature of PGDM courses, there is huge demand for it. This has led to high costs associated with the Diploma degree. Students must be ready to cope financially. Many students are unable to bear the high cost of a PGDM course and leave mid-way.

Students must evaluate the value of what a PGDM course will add in their career. PGDM course is something which helps in our personality development by bringing new perspectives to our mind.

Types of PGDM

Due to an upsurge in the demands of PGDM courses, there are different options available for the students to choose from the different types of PGDM courses offered. For example, a Professional who wants to pursue a PGDM course to move up the ladder in the organization can opt for PGDM Distance course or PGDM Online course whichever may be suitable for him/her.

Types of PGDM	Eligibility	Admission	Fees
Full Time	Bachelor’s Degree with 50% marks For IIM 60% marks	Entrance Based	INR 4,00,000 – 10,00,000
Online	Bachelor’s Degree	Merit Based	INR 10,000 – 15,000
Distance	Bachelor’s Degree	Entrance Based	INR 30,000 – 50,000

Full Time PGDM

Full time PGDM is a 2-year professional diploma course that provides students with detailed knowledge about industry standards and norms. This is the most popular form of PGDM course. Full Time PGDM Fee ranges from INR 4-24 LPA depending on the college.
PGDM Admissions are based on Entrance Exams conducted either at the national or university level. Top PGDM Entrance Exams include CAT, MAT, XAT, SNAP, NMAT, GMAT.
Full time PGDM Specialization includes PGDM Marketing, PGDM Finance, PGDM in HR, and alike.
PGDM is offered in top colleges across the country. Apart from Top PGDM Colleges in India, students can also pursue PGDM From IIMs.

Online PGDM

Online PGDM courses are short term courses offered by various online platforms and can be very vital when understanding a particular topic or subject. The online platforms offer various topics of management as per the current market trends and thus can prove to be useful in the professional career to move up the hierarchy.

The student will know about a lot of subjects that will not be part of the syllabus.
No requirement of travel time.
The course is self paced which allows the students to learn at his own pace
The fees are less compared to offline classes which helps the students financially.
Enables the students to broaden their minds in the field of Management and have a better understanding of what is happening around them through trending topics.

Distance PGDM

PGDM distance education is a planned education that takes place away from the source of the teacher. Some of the reasons to take PGDM Distance Education is mentioned below:

The lower cost of buying books leads to money saved which can help a person somewhere else.
Helps the person to work and study at the same time.
Students have a lot of options for colleges while studying PGDM Distance Education
It helps a person to keep himself updated with the subject without leaving his job.