PGDM
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PGDM

ABOUT

The Post Graduate Diploma in Management (PGDM) is a management program that emphasizes practical application and is designed to align with industry needs. The overall curriculum of a PGDM program closely resembles that of an MBA program. The primary objective of the course curriculum is to provide students with management training programs through the use of intensive case studies and seminars, to prepare them according to industry standards.

PGDM: Course Details

Course 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
PGDM Admissions	SP Jain PGDM Admissions	IMT PGDM Admissions	DIHE PGDM Admissions

What are the reasons for pursuing a PGDM?

PGDM is highly sought after by students aspiring to pursue jobs in the field of management. By obtaining a PGDM degree, applicants can secure employment in prestigious firms at various managing positions, and can also expect higher income packages 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-Focused: In contrast to MBA degrees, PGDM courses offer a greater emphasis on areas that are directly relevant to certain industries. The consistency of MBA courses is attributed to the unchanging curriculum and customary procedures across time. However, PGDM courses undergo annual changes in their curriculum as a result of market fluctuations. These courses enable students to stay ahead of outdated educational methods by assisting them in acquiring knowledge and comprehending present market situations. The PGDM curriculum is an excellent choice for anyone aspiring to pursue business, as it prioritises the development of broad-based skills rather than specialized expertise.
Profitable Course: These courses are financially rewarding since they equip students with highly desirable abilities that employers prioritize, hence increasing the probability of securing employment. PGDM programs have become prominent and attracted interest from graduates seeking jobs in the industrial sector. The program’s skill-based approach allows students to pursue highly profitable and financially rewarding employment opportunities. The PGDM program offers skill-based courses that help students cultivate their talents before they graduate, thereby improving their employability and marketability.
Advancing in the Corporate World: A PGDM degree holds significant prestige in the corporate world and is considered to offer greater opportunities compared to an MBA degree. Due to the specialized and skill-oriented nature of the courses offered in this degree, PGDM courses serve as a direct route into the business field. Nevertheless, to get the identical result, an MBA degree necessitates a greater amount of coursework compared to a PGDM. PGDM courses function as comprehensive career counsellors, aiding students in choosing a fitting profession from their highly desirable areas of expertise throughout the academic year.
Personality Development: These courses enhance students’ success rate by equipping them with the skills to effectively navigate job problems, distinguishing them from other conventional courses. The PGDM program enhances students’ critical thinking, communication, and leadership skills, while also laying the foundation for the improvement of more robust and accurate decision-making capabilities.

Who should undertake a PGDM program?

Below is the roster of eligible applicants who can enroll in the course for your reference.

Students aspiring to pursue a career in management have the option to enroll in a PGDM course.
This training guarantees a lucrative income for those who possess the ability to effectively lead and manage teams. Individuals possessing strong leadership skills should consider enrolling in a PGDM course. PGDM offers a valuable chance for students from any academic background to transition into a job that aligns with their interests.
Numerous students choose to pursue a PGDM program in order to progress towards a managerial or administrative role or to transition their career. It is not advisable to simultaneously engage in both activities, since it is possible to become overextended and lack the necessary job experience to support the new position.
Any student or working professional can pursue a PGDM program through online or distance education. This assists individuals who are constrained by limited time and financial resources, such as students or professionals.
Experienced professionals have the chance to advance in their careers since PGDM colleges do not show bias based on age.

At what time should I undertake a PGDM program?

The purpose of the PGDM course is to enhance abilities and fulfill industrial demands through the application of practical methods. The optimal timing to pursue a PGDM course varies based on the individual’s circumstances.

Pursuing a PGDM course immediately after graduation may not yield as significant results as having a few years of practical experience prior to it. For individuals aspiring to secure high-paying managerial positions at major firms, it is essential to possess 3–4 years of work experience and relevant skill enhancements on their resumes.
The lucrative nature of PGDM courses has resulted in a significant demand for them. Consequently, the diploma degree has incurred exorbitant expenses. Students must be prepared to manage their finances. A significant number of students are unable to afford the exorbitant fees associated with a PGDM course, resulting in their premature withdrawal.

Students should assess the significance of the contributions a PGDM course will make to their professional trajectory. A PGDM education enhances our personality development by introducing fresh viewpoints to our thinking.

Numerous Types of PGDM Programs

As a result of an increase in demand for PGDM courses, students have a variety of alternatives to pick from among the various types of PGDM courses available. For instance, a professional seeking career advancement within their firm may choose to enroll in either a PGDM distance course or a PGDM online course, depending on their individual circumstances.

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

Online PGDM

Online PGDM courses are concise educational programs provided by diverse online platforms and can be quite significant in comprehending a specific topic or subject. Online platforms provide a range of management themes that align with current market trends, making them valuable for advancing one’s professional career and climbing the corporate ladder.

The learner will learn about numerous disciplines that are not included in the syllabus.
There is no need to allocate time for travel.
The course is designed to be self-paced, enabling students to learn at their own preferred speed.
The fees are lower in comparison to traditional in-person classes, which provides financial relief to students.
Facilitates the expansion of students’ knowledge in the field of management and enhances their comprehension of current events through popular subjects.

PGDM Distance

PGDM distance education is a structured form of education that occurs remotely, without the physical presence of the teacher. Below are some of the reasons to pursue PGDM through distance education:

The reduced cost of purchasing books results in financial savings that may be allocated to other expenses.
Facilitates simultaneous work and study for the individual.
Students have numerous college alternatives available to them when pursuing a PGDM degree through distance education.
It enables an individual to stay informed about the subject matter while remaining employed.

Students are prioritizing distance education due to several factors.

MBA vs PGDM

Although the PGDM and MBA are not the same, their core subjects are. AIU accreditation raises an institution’s PGDM program to the level of an MBA. The majority of private colleges offer PGDM programs. During the hiring process, PGDM and MBA courses are seen as equal. Here are a few points on how the MBA and PGDM differ from each other:

Parameters	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	Graduation in any UG course of any stream with a minimum of 50% of marks in UG from a recognized university	Graduation in any UG course from a recognized institution
Admission Process	Entrance Exam	Entrance Exams as well as Direct Admission in some institutions
Fees	INR 5,00,000 – 12,00,000	INR 4,00,000 – 10,00,000
Subjects covered	Financial Management, Human Resource Management, Customer Relationship Management, Marketing Research, Operations Management, Human Resource Management, Executive leadership skills, etc.	Financial Accounting, Business Economics, Basics of Mathematics and Statistics, Marketing Management, Business Communication, Human Resource Management, etc.
Average Salary	INR 9 LPA – 13 LPA	INR 10 LPA – 14 LPA
Entrance Exams	XAT, NMAT, SNAP, ATMA, CAT	MAT, CAT, CMAT, XAT, GMAT
Job Opportunities	HR Manager, Business Analyst, Marketing Manager, Finance Advisor and Investment Banker	Project Manager, Data Scientist, Auditor, Tax Specialist and Consultant
MBA Admissions	MBA Entrance Exams	Top MBA Specializations

Information of PGDM Programs

The following lists the core and elective courses that are covered in the PGDM programme. Although course offerings differ amongst colleges, most Indian colleges have a largely consistent subject curriculum.

Managerial Economics	Finance & Accounting	Business Ethics And Communication
Basics of Marketing	Organizational Behavior	Statistics and Quantitative Techniques
IT Skills Lab	Theory of Management	Management Information Systems
Production & Operations Management	Economics & Social Sciences	Strategic Management
Research Methodology	Business Law & Corporate Governance	International Business

Areas of focus for PGDM studies

The PGDM course offers numerous specializations, the most well-liked ones being PGDM Marketing, PGDM Finance, and PGDM HR.

PGDM in International Business
PGDM in Operations Management
PGDM in Business Analytics
PGDM in Marketing
PGDM in Finance
PGDM in HR
PGDM in Supply Chain Management

PGDM in International Business

This degree has a duration of 2 years and offers comprehensive education and practical experience in the subject of international business and its connected components. Colleges like the Indian Institute of International Trade and Asian Business School provide the opportunity to study a PGDM in International Business.

Average Fees	INR 4,00,000 – 10,00,000
Average Salary	INR 4 LPA – 10 LPA

PGDM in Operations Management

This training aims to equip workers with the necessary skills to deliver exceptional services efficiently and cost-effectively. Professionals and students study a PGDM in Operations Management to acquire the many skills necessary for the efficient and effective functioning of the operations department.

Average Fees	INR 3,00,000 – 10,00,000
Average Salary	INR 4 LPA – 8 LPA

PGDM in Business Analytics

Analytics is regarded as a crucial component of every organization. The PGDM program in Business Analytics aims to equip students with the necessary skills and knowledge to effectively apply business analytics processes, tools, and techniques. This enables them to derive valuable insights from the collected, extracted, and analyzed data.

Average Fees	INR 4,00,000 – 12,00,000
Average Salary	INR 6 LPA – 12 LPA

PGDM in Marketing

This course encompasses all facets pertaining to marketing management, including marketing research and other relevant topics. The PGDM program in Marketing educates students on enhancing the market worth of a company or product through the utilization of diverse methods and technologies.

Average Fees	INR 4,00,000 – 8,00,000
Average Salary	INR 7.55 LPA – 11 LPA

PGDM in Finance

This course is designed for students who have a keen interest in acquiring knowledge about various facets of financial management, including working capital management and international finance. PGDM in Finance is beneficial for assessing expenses, creating balance sheets, and studying cost minimization principles.

Average Fees	INR 5,00,000 – 10,00,000
Average Salary	INR 8 LPA – 20 LPA

More PGDM specializations are:

PGDM in Biotechnology	PGDM in Retail Management
PGDM in Business Entrepreneurship	PGDM in E-Business

PGDM in HR

The PGDM in HR is a two-year postgraduate degree program specifically developed for individuals seeking to establish a career in human resource management. The curriculum equips students with the necessary skills and knowledge to effectively oversee and control the human resources of an organization. This curriculum primarily focuses on human resource information systems, performance management, human resource planning, training and development, and pay administration.

Average Fees	INR 4,00,000 – 8,00,000
Average Salary	INR 5 LPA – 9 LPA

PGDM in Supply Chain Management

The PGDM in Supply Chain Management is a postgraduate program that typically lasts for either 1 or 2 years, depending on the applicant’s submission. They have a crucial function in various businesses, spanning from manufacturers and merchants to transportation corporations, third-party logistics firms, government agencies, and service firms. Their responsibilities encompass a combination of design, production, administration, and the creation of goods and services. PGDM Supply Chain Management encompasses the entire process of transporting and storing raw materials, work-in-progress inventory, and finished items from their source to their final destination.

Average Fees	INR 5,00,000 – 12,00,000
Average Salary	INR 7 LPA – 12 LPA