A Post Graduate Diploma in Management, simply known as a PGDM course is equivalent to a postgraduate degree in management. These courses have been approved by AICTE (All India Council for Technical Education), and are taught in some of the most affluent non- autonomous colleges in India. Therefore, PGDM courses are a great alternative to postgraduate degrees, especially if done from an institute of repute. When an institutes PGDM course is accredited by AIU (Association of Indian Universities) it is equal to an MBA. These courses are designed by some of the best minds in the industry, and prepare students to become thorough professionals. These courses are for a duration of 2 years.
There are different specializations in PGDM courses for you to choose from. You have to choose your specialization in the final year of your PGDM course, as the first year is dedicated to learning the fundamentals of management and developing a strong base.
The following is the list of PGDM specializations you can choose from:
One of the most popular PGDM specializations, marketing concerns the marketing, advertising and sales of products or services of the company you work in. This is a specialization for aspirants who are outgoing and ambitious.
Finance has everything to do with accounts and finance. Aspirants with a flair for numbers can consider finance specialization for their PGDM as they can find jobs in a variety of high-paying industries.
Human resources (HR) specialization is all about managing resources in an organizational structure. HR is an integral and important part of most organizations and a widely developing field.
The operations specialization is concerned with the operations of a company. Planning, strategizing, and executing are some of the main tasks involved in operations, but mostly you learn how to run an organization.
IT is arguably the fastest growing industry, not just in India, but the world. The industry needs people to keep growing at the current pace. This is a good industry to make a satisfying career in.
Research & business analytics deals with quantitative analysis of businesses. This course is a blend of business, science, research, statistics, and technology.
Enterprise management deals with the daily management of an organization through the use or ERP, which is specialized business management software thats comprehensive in its delivery.
Think of economics and finance on a macro-level. International finance is a little different from your traditional finance, and when combined with US-CPA, makes students eligible to enter finance professions overseas.
In this specialization, you learn about the operations of a business on a global level. From adhering to international laws and practices to managing multinational companies, this specialization teaches you everything.
These specializations are a part of business management. Supply chain deals with managing all aspects of the supply chain in manufacturing-related businesses, while logistics is about managing complex logistics of the whole operation.
Admission criteria and eligibilities may differ from institute to institute. However, in the case of most PGDM education institutes, to be eligible for admission for the PGDM course, there are a few general criteria you need to fulfill.
Here is the general eligibility criteria for PGDM degree:
There are many career opportunities after your PGDM. Since this course is equivalent to an MBA degree, you get similar career opportunities. You can get selected for management-level positions across a variety of industries, but this mainly matters on your specialization.
You are also eligible to get technical jobs that have a good salary scale and benefits package. The importance and popularity of PGDM courses is growing at a substantial rate, making it an excellent course to do after graduation.
To know more, you can read Career Opportunities after PGDM
PGDM puts you at an advantage over other postgraduate degrees. PGDM courses are some of the most advanced courses designed to let students gain as much theoretical, practical, and technical knowledge.
Here are some benefits of having PGDM Degree:
Despite being equivalent to an MBA, PGDM courses do not cost as much as an MBA, whilst offering the same benefits.
If you are looking to become an entrepreneur, this course will equip you with all the knowledge and training you need.
You get an opportunity to learn from some of the best faculty in the industry who will also mentor you.
Internship is an integral part of PGDM courses, and youll get to work with reputed organizations during your internship programs.
The courses are full of exciting classroom learning. There are presentations, debates, discussions, and games, designed for students to learn interactively.
Further Reading: 5 Benefits of Doing PGDM Course
Many colleges and universities offer PGDM courses, and it can be easy to make the wrong choice. However, there are a few things you should look in a PGDM college and their program to make sure its legitimate.
Look for AICTE and AIU approval. This means you can trust the college and its course. Also, look for reviews online, and talk to the alumni of the college you are interested in. You will get a much clearer picture. However, to know more, you must read How to find Top PGDM Programs & Colleges in India.
To know more read further 8 Steps: How to Choose PGDM College in India?
PGDM courses are a great way to ensure you land your dream job and have a successful career. Just make sure you know which college to select and which specialization to do, which is half the battle won.
For more proper guidance on PGDM courses and everything related to them, get in touch with our counsellors who will expertly guide you.