PGDM in INDIA: Things you need to know about PGDM|2019
Nowadays, PGDM is a prevalent course to be done in India. The scope of PGDM is intensifying day by day, as numbers of jobs are increasing where managerial skills are required and to began an attractive pay. also in this booming economy of startups, you will require management expertise to succeed in your business. So, here are a few insights into the course: Worth of PGDM Course: PGDM is a diploma course aimed at nurturing a future manager in you. It also aims at enhancing your skills and helps you acquire the required business traits. If you are looking for a managerial position or to start your own business then this course would be beneficial for you. It is also ideal for anyone with years of experience and willing to grow in their company. During this journey, one can learn about Business and how to effectively administer people and resources to make logical and smart decisions. PGDM a Prerequisite for Modern Manager: PGDM courses of today can be considered at par with the MBA degree. Most of these courses are designed practically, keeping in mind the changing business environment. Some courses are affiliated with industries to provide the students within and internship to face real-life business situations. This course enables students to make informed decisions, tackle difficult situations, branding and effective implementation of plans which are the core qualities of an entrepreneur or manager. If you are taking admission in one of the Best B-Schools like School of Management Sciences which is imparting in its student the qualities like Trust; Sense of Ownership; Sense of Contribution; Innovation; Modesty & Mutual Respect, than during the two year of degree, you are on the path to be a good entrepreneur. Selection Criteria for PGDM admission: PGDM is a 2-year full-time course Approved by AICTE, Ministry of HRD, and Govt. of India. The criterion for Admission: Valid Score Card (CAT/MAT/XAT/CMAT/ATMA). At least 40% (35% for ST/SC candidates) marks in Graduation. Any Stream/Discipline Candidate can apply (mathematics is not the necessary subject) An Internal on Campus Admission Test (Aptitude Test along with English Assessment). Finally, the action is declared after Group Discussion & Personal Interview. PGDM can be done after B.E/B.Tech/B.Sc./B.C.A.: The most common question of the pupil from science tremPGDM be beneficial for them or not? And to your surprise answer is a BIG YES! PGDM is a course which can be done by any stream/ discipline people. It is not focused on a specialized subject but provides you knowledge about all aspects of Business and Management. Many companies prefer candidates who are having technical knowledge as well as managerial skills for their company. Hence, PGDM degree after B.Tech or B.Sc or BCA will broaden your options for getting a job with higher packages. Structure of PGDM Course: PGDM is a two-year course including four semesters, first two semesters focus on Fundamental Concepts and Skill Development and last two semesters focus on Specialized Field that the student has opted. In PGDM course, major subjects are Managerial Economics, Financial Management, Managerial Accounting, Human Resource Management, I.T. skills, Managerial Communication, Basics of Marketing, Business Ethics and Corporate Governance, etc. Apart from theoretical subjects, there is an emphasis on I.T skills, presentation skills, and personality development through GD, mock interviews and seminars. Salary after PGDM: Just completing the course does not guarantee an attractive package. The salary package depends upon several factors like: Skills: – Client handling capacity Good communication and Presentation skills Decision Making Quality Adaptability and Optimistic Behavior Knowledge: – Academic Records Hand On Experience (Practical Knowledge) Ability to Showcase Knowledge As a fresher, one can expect a decent package from 3-4 lakhs Rs. and the upper y can be sky high. Cost for Pursuing PGDM: Every B-school has its own fee structure. It may cost you around Rs. 1 lakh to Rs. 12 lakhs or more to pursue full-time PGDM program. PGDM course fees vary according to facilities, infrastructure, and other Features, College is providing to their students. Hope this article helps you in making a well informed the decision regarding your career keeping in view the opportunities, salary package, cost and your interest above all. For more about PGDM Visit our this article Everything About PGDM