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Top 10 BENEFITS OF PGDM OVER MBA | UPDATED 2019

  The two most reputed professional courses are PGDM and MBA. Students from different fields do these courses to climb up the corporate ladder. Whether you have just completed your graduation or are already in the job sector, a professional degree in management will only prove an added advantage. While choosing between PGDM and MBA, students often select MBA due to PGDMs lack of knowledge. This article is an effort to break those myths regarding PGDM and explain why to go for a degree in PGDM.

WHAT IS PGDM?

PGDM stands for Post Graduate Diploma In Management, which is a Two Year Full-Time Course. It is offered by Institutes that are recognized by the All India Council for Technical Education (AICTE) and which are autonomous and not affiliated with any university. However, accreditation by the Association of Indian Universities (AIU) makes an institutes PGDM course equivalent to an MBA. Many graduating students are pursuing PGDM (Postgraduate Diploma in Management) after complete graduation to make their career safe. PGDMs curriculum is mainly offered by Autonomous Colleges that are not associated with any university or college. They have full access to university-affiliated colleges, and the syllabus provided by them is updated, and changes will only be made if modified by the university accordingly. Every year, many reputed universities record the immediate placement of approximately 7% of PGDM students.

Top colleges to pursue PGDM:

Best colleges to pursue PGDM are the following: 
  • Xavier Institute of Management & Entrepreneurship [XIME]
  • Bangalore [IIMB]
  • Josephs Institute Of Management [SJIM]
  • A. Pai Management Institute [TAPMI]
  • Indian Institute of Management Studies,
  • Christ University, Bangalore [CU]

What is the MBA Degree Program

Commonly known as MBA, Master of Business Administration is a postgraduate degree program designed to train and equip business professionals students with relevant skills and knowledge to lead organizations altogether in the public and private sectors. Most engineering students completed graduation from colleges. A want to pursue an MBA degree from a prestigious organization in India/abroad can add a lot of value to their resume efficiently. The MBA program is designed in such a way that it assists graduates to handle a wide range of responsibilities and situations related to the business area. In one way, the MBA is used to develops ones in-depth knowledge by supplementing their management skills. It increases their career prospects field by making them suitable for all sectors, respectively. An MBA program provides various career options are springing forth for MBA graduate students, respectively. The graduates are offered good salary packages and relevant positions.

Top colleges to pursue MBA:

Colleges that you must look after completing graduation:
  • Indian Institute of Management Studies, Bangalore [IIMB]
  • Center For Management Studies, Jain University [CMS]
  • IIFM Business School, Bangalore [IFIM]
  • Acharya Institute Of Management & Sciences [AIMS]
  • Alliance School Of Business, Alliance University
  • A. Pai Management Institute [TAPMI]

Top 10 Reasons To Choose PGDM Over MBA

Some of the top reasons to choose PGDM(Post Graduation Diploma in Management) over the MBA(Master of Business Administration) are the following: Industry oriented course structure of PGDM is such that it is more industry-oriented as compared to MBA. Since autonomous institutes offer this course, therefore the curriculum is kept following the latest developments. Also, PGDM has a more practical approach, whereas the MBA gives you bookish knowledge.
  1. Specialization In Any Field
PGDM lets you specialize in your areas of interest. For example, suppose you choose to go for a specialization in Human Resource Management. In that case, you can select minor subjects like Marketing/ Finance/IT/Project management, which gives you an edge over other candidates.
  1. Preference For Higher Studies
Many reputed business schools in India and Abroad give preference to PGDM students over MBA students. This is due to the practical insight which PGDM offers and MBA, which is more theoretical lacks. Hence it gives you an advantage over other students, provided it is done from a reputed institute.
  1. Real-time Business World Experience
Students are given immense exposure to the real-time business world through rigorous classroom studies, meetings with top business leaders, management internships, and various other similar ways in PGDM. These techniques help the students to get comfortable with the business environment and make them job-ready.
  1. Better Placement Offers
Institutes with PGDM courses provide attractive placement offers since they are autonomous. Whereas the MBA doesnt guarantee you a job, and you have to struggle on your own for placement.
  1. Experienced Faculty
In institutes offering PGDM, the teachers are more qualified as they are offered lucrative salary packages. In contrast, in MBA colleges, due to universities outdated rules, the college makes extra efforts to bring the latest corporate learnings.
  1. Job Oriented Programme
PGDM is more job oriented than MBA, which helps one get a suitable job right after completing the course. The job opportunities are widened with a PGDM due to the added skills you learn during the period.
  1. Learning Opportunities
PGDM gives more learning opportunities, Seminars and workshops are arranged. Top industry managers are called as guests for giving speeches and to motivate students. Industries also prefer autonomous institutions for campus recruitments.
  1. Better Financial Aid
It is easier to get education loans if you study in an AICTE approved business school Like Best B-School in UP. They are widely recognized. In private or national banks, students can easily avail loans and complete their studies without any burden.
  1. Job-Related Skills
Just getting a degree wont get you a job. What you require is the right skills. PGDM teaches you those skills. It makes your job ready for the leadership and managerial skills you learn. These skills help you in surviving the competitive corporate world with ease.

Conclusion:

After analyzing all about the Top 10 benefits of PGDM over MBA, we conclude that choosing PGDM over MBA will prove to be more beneficial for you to do a successful stint in the corporate world.


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