PGDM : Post Graduate Diploma in Management - Course, Eligibility, Admission, Fees, Colleges, Salary 2022
PGDM : Post Graduate Diploma in Management - Course, Eligibility, Admission, Fees, Colleges, Salary 2022
About PGDM Course
A more practical and industry-focused management course is the Post Graduate Diploma in Management (PGDM). The course's curriculum is quite similar to that of an MBA, and it aims to provide students with management training programmes by way of rigorous case studies and seminars to prepare them for the workplace.
Why PGDM?
Students who want to pursue careers in the management field find that the PGDM programme is very demanding. The needs of Organizations, Institutions, Companies, etc. are also changing due to the world's constant change. All over the world, there is a huge demand for managers, leaders, functional heads, and specialised executives.
- Any student may enrol in this course : The PGDM Syllabus is designed to give shape to the careers of the students of any field. Students having a Bachelor's Degree in any discipline with the required percentage can go for the PGDM course for their overall development.
- Interdisciplinary Course : The PGDM is an interdisciplinary programme that combines management, accounting, economics, and other fields to meet industry needs. Instead of just being proficient in one area, the PGDM course provides the students with a broad spectrum of knowledge.
- Getting Future Managers Ready : The need for quality managers is growing in the nation on a daily basis. To meet the industry standards, organisations frequently spent a significant amount of money on their employees' training and development. The PGDM programme assists students in positioning themselves in relation to the markets' and industries' current needs.
- Leverage Current Employment or Salary : The PGDM programme aids students in advancing up the pyramid's ladder. It offers salary increases, promotions, CV improvements, and other benefits by keeping up with the demands of the market.
Who should pursue PGDM?
- A PGDM Course is an option for students who want to pursue a career in management.
- For those who can manage and lead teams, this course guarantees a high salary. People with strong leadership skills ought to enrol in the PGDM programme.
- PGDM offers students a fantastic opportunity to change their career path into something that may interest them because it accepts students from all courses.
- Many students enrol in PGDM programmes in order to advance in their careers or to fill managerial or administrative roles. You shouldn't attempt to do both at once because you risk becoming overextended and lacking the support of relevant work experience in the new position.
- A PGDM online or PGDM distance education is accessible to almost any student or working professional. This benefits professionals or students who have time and financial restrictions.
- Since PGDM Colleges do not discriminate on the basis of age, professionals with significant job experience have the opportunity to advance.
Different types of PGDM Courses
There are numerous options available for the students to select from the various sorts of PGDM courses offered due to an increase in the demand for PGDM courses. For instance, a professional who wishes to enrol in a PGDM programme in order to advance professionally can choose between a PGDM distance education programme and a PGDM online education programme, depending on which option is best for him or her.
| Types of PGDM | Admission | Fees |
|---|---|---|
| Full Time | Entrance Based | INR 4- 24 LPA |
| Online | Merit based | INR 10,000-15,000 | Distance | Entrance based | INR 30,000-50,000 |
MBA vs PGDM
Although the MBA and PGDM are not the same, their core disciplines are. A PGDM programme at an institute is equivalent to an MBA if it has AIU accreditation. The majority of private universities offer PGDM programmes. MBA and PGDM courses are considered to be equal during the hiring process. The following list includes some of the distinctions between an MBA and a PGDM:
| MBA | PGDM |
|---|---|
| Master of Business Administration | Post Graduate Diploma in Management |
| Degree Course | Diploma Course |
| 2 years | 1-2 years |
| Entrance Exam | Entrance Exams as well as Direct Admission in some institutions |
| INR 2-20 LPA | INR 4-24 LPA |
| INR 7 - 10 LPA (starting salary) | INR 12 - 15 LPA (starting salary) |
| XAT, NMAT, SNAP, ATMA, CAT | MAT, CAT, CMAT, XAT, GMAT |
| HR Manager, Business Analyst, Marketing Manager, Finance Advisor, Investment Banker, etc. | Project Manager, Data Scientist, Auditor, Tax Specialist, Consultant, etc. |
PGDM Subjects
Four semesters can be used to divide the PGDM curriculum. The curriculum is in line with industry standards and norms, assisting the student in becoming employable and landing good employment. Most of the theory and fundamental subjects are covered in the first and second semesters. The students must complete a required internship as part of the course to assist them become used to the demands and obstacles.
PGDM Syllabus
The PGDM course structure is divided into two sections: a series of required courses that cover all management fundamentals and a set of elective courses that focus on developing job-specific skills and knowledge.
The PGDM Syllabus is broken up into semesters in the table below.
| PGDM Subjects Semester I | |
|---|---|
| 1. Management Functions & Behaviour | 2. Economic and Social Environment |
| 3. Human Resource Management | 4. Introduction to Information Technology |
| PGDM Subjects Semester II | |
| 1. Operations Management | 2. Marketing Management |
| 3. Quantitative Techniques for Managers | 4. Managerial Economics |
| 5. Strategic Management | |
| PGDM Subjects Semester III | |
| 1. Marketing Management (MM) | 2. Financial Management (FM) |
| 3. International Business (IB) | 4. Human Resource Management (HR) |
| 5. Operations Management (OM) | 6. Information Systems (IS) |
| 7. Insurance Management (IN) | |
| PGDM Subjects Semester IV | |
| 1. Business Law & Corporate Governance | 2. International Business |
| 3. Management Information Systems | 4. Research Methodology |
| 5. Project Work |
PGDM Specializations
- PGDM in International Business
Average Fees
INR 4 to 12 lakhs
Average Salary
INR 4 to 10 LPA
- PGDM in Operations Management
Average Fees
INR 3 to 10 lakhs
Average Salary
INR 4 to 8 LPA
- PGDM in Business Analytics
Average Fees
INR 3 to 12 lakhs
Average Salary
INR 5 to 10 LPA
- PGDM in Marketing
Average Fees
INR 2 to 5 lakhs
Average Salary
INR 4 to 10 LPA
- PGDM in Finance
Average Fees
INR 1 to 5 lakhs
Average Salary
INR 4 to 12 LPA
- PGDM in HR
Average Fees
INR 4 to 10 lakhs
Average Salary
INR 5 to 15 LPA
- PGDM in Supply Chain Management
Average Fees
INR 4 to 15 lakhs
Average Salary
INR 5 to 20 LPA
| Average Fees | INR 4 to 12 lakhs |
| Average Salary | INR 4 to 10 LPA |
| Average Fees | INR 3 to 10 lakhs |
| Average Salary | INR 4 to 8 LPA |
| Average Fees | INR 3 to 12 lakhs |
| Average Salary | INR 5 to 10 LPA |
| Average Fees | INR 2 to 5 lakhs |
| Average Salary | INR 4 to 10 LPA |
| Average Fees | INR 1 to 5 lakhs |
| Average Salary | INR 4 to 12 LPA |
| Average Fees | INR 4 to 10 lakhs |
| Average Salary | INR 5 to 15 LPA |
| Average Fees | INR 4 to 15 lakhs |
| Average Salary | INR 5 to 20 LPA |
PGDM : Admission Procedure
- The eligibility criteria for PGDM courses is a Bachelor’s degree from a recognised university with 50% aggregate marks or CGPA
- PGDM Entrance Exams: CAT, MAT, XAT, GMAT, SNAP, CMAT, ATMA
- PGDM Entrance Registration Exams are open for ATMA 2022
- PGDM colleges with applications open are AIIM (Gujarat), Amity University, FMS Delhi.
- PGDM is a professional 2 years degree course in management stream, which is offered by top colleges such as IIM, IIT, FMS (Delhi), XLRI.
- PGDM Admission fees ranges between 1 Lakh - 20 Lakhs
- According to academicians, candidates should choose the right B-School that can an edge over the rest even after scoring 99% in CAT
PGDM Entrance Exams
CAT and MAT are the two PGDM entrance exams that are most widely accepted in India. Other entrance examinations are typically exclusive to an institution or state.
CAT
An entrance exam known as the Common Admission Test (CAT) is required for enrollment in India's two-year PGDM programmes. The CAT is slated for November 2022, and registration will open in July. For restricted categories, the qualifying scores are eased up to 5%, making it possible to take the CAT exam with 50% of your graduating class's grade. For PGDM admissions, all colleges in India accept CAT scores.
MAT
The MAT 2022 IBT registration deadline has been extended by AIMA till March 16, 2022. The deadline for MAT 2022 CBT registration has also been extended to March 20, and the exam will be held on March 24, 2022.
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Top PGDM Colleges as per NIRF
Listed below are some of the top institutes offering PGDM courses in the country and fees charged by them.
| NIRF Ranking | Name | Average Annual Fees |
|---|---|---|
| 3 | Indian Institute of Management | INR 6,75,000 |
| 12 | National Institute of Industrial Engineering (NITIE) | INR 9,40,000 |
| 18 | SP Jain Institute of Management and Research | INR 5,85,000 |
| 20 | Indian Institute of Management | INR 13,84,000 |
| 23 | Great Lakes Institute of Management | INR 11,91,000 |
| 24 | Narsee Monjee Institute of Management Studies (NMIMS) | INR 95,200 |
| 27 | T.A. Pai Management Institute | INR 14,00,000 |
Jobs positions after PGDM
Some of the PGDM jobs for new graduates and seasoned professionals are listed in the table below along with salary information:
| Job Positions | Average Salary (in LPA) |
|---|---|
| Business Consultant | 9,86,000 |
| Marketing Manager | 7,15,000 |
| HR Manager | 7,15,000 |
| PR Officer | 3,01,000 |
| Strategic Manager | 10,84,000 |
| Brand Manager | 10,55,000 |
| International Sales Manager | 10,80,000 |
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FAQs
Both PGDM and MBA are postgraduate degrees in the field of management. The basic difference between them is that PGDM provides a more practical approach than an MBA. There is a difference in the course fees as well.
2 Years
The Average course fees to pursue PGDM course is around INR 3-20 Lakhs.
The basic eligibility to pursue PGDM course is 50% in Bachelor's degree pursued from a recognized college or institute in any stream.
PGDM
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A more practical and industry-focused management course is the Post Graduate Diploma in Management (PGDM). The course's curriculum is quite similar to that of an MBA, and it aims to provide students....