PGDM Course: The All India Council for Technical Education (AICTE) has authorized the Postgraduate Diploma in Management (PGDM), which is a two-year, full-time study. It wants to provide students with real-world business skills, leadership abilities, and understanding of the sector.
Independent schools offer PGDM, while a conventional MBA Programme is generally more theory-based and provided by institutions. These schools can change their course curriculum whenever they want to meet the demands of the business.
PGDM programs are typically more current and valuable since they are so flexible. A lot of firms would rather hire PGDM graduates since they are more equipped for the corporate environment today, which changes quickly.
PGDM Programme Key Details
Features | Key Details |
Full Form |
Post Graduate Diploma in Management
|
Level |
Postgraduate (equivalent to MBA)
|
Duration |
2 years (full-time) – can also be 1 year in some executive programs
|
Eligibility |
Must have Graduation in any stream with at least 50% marks (45% for reserved categories)
|
Average Fees |
₹5 Lakhs – ₹25 Lakhs (depends on institute)
|
Top Recruiters |
Deloitte, KPMG, EY, PwC, HDFC Bank, ICICI, Accenture, Infosys, TCS, Amazon, Flipkart
|
Top Specializations |
Finance & Marketing, Human Resource Management, Business Analytics, FinTech, Entrepreneurship, Operations, International Business
|
Average Salary (Placement) |
₹5 – 15 LPA (varies by college)
|
What Are Specializations In PGDM Course?
The PGDM program is a combination of core management classes and specialized classes that students may pick from based on what they like. The way they educate includes case studies, internships, real-life projects, and homework, which makes learning fun and hands-on.
Here are some popular areas of expertise and what they cover:Â
Specialization | Average Fees (INR) | Key Details |
Business Analytics | ₹3.5– 6.5 Lakhs |
This is about making good business choices based on facts. Students learn about what might happen in the future and try to guess what might happen.
|
FinTech | ₹4– 7 Lakhs |
FinTech is finance mingled with technology. Students learn about leveraging data in financial services, blockchain, and digital payments.
|
Human Resource Management | ₹2.5– 5 Lakhs |
This specialization will teach you everything about managing people at work. Some examples of areas within scope include recruitment, training, evaluation of performance, and compliance with labor laws.
|
Finance & Marketing | ₹3– 6 Lakhs |
This is a mix of budgeting your money and learning about clients and marketplaces. Students learn how to make good marketing plans, as well as about banking and investing.
|
Entrepreneurship | ₹3 – 6 Lakhs |
This is how one learns about setting up their own business and running it. This includes how to set up a business, how to think of new ideas, and how to convince people to part with money.
|
What is the PGDM Programme Eligibility Criteria?
- For admission to a PGDM program in India, a candidate must fulfill the following requirements:
- They must hold a bachelor’s degree from an accredited university and must have obtained at least 50% marks (or 45% for some special categories) in aggregate to be eligible.
- The candidate must have appeared for some entrance exam, viz. CAT, XAT, MAT, CMAT, GMAT, or some tests conducted by specific universities are required to be eligible for admission.
- Other Requirements: Some institutes may require prior work experience from students. Group discussions (GD) and one-on-one interviews (PI) are two common approaches to see how well someone can lead and communicate during the employment process.
What is The Admission Process of PGDM?
Most PGDM colleges let students in the same way:
Stage of Application:
- After you sign up, you can take tests like the CAT, XAT, CMAT, and others.
- Send your scores and applications to the universities you wish to go to.
Stage of Selection:
- GD: This test checks how well you can talk, think, and work with others.
- Personal Interview (PI): This is when they ask you about your career aspirations, your confidence, and why you want to study management.
- Some schools will give you a Written Ability Test (WAT) and ask you to produce a short piece to see how well you can write and think.
What is the fees of PGDM in India?
The name, location, and specialization of the college will all affect the overall cost of a PGDM program.
- For two years, private colleges cost between ₹ 6 and ₹12 lakhs.
- Tier-2 Colleges: ₹3 to ₹6 lakhs.
- If the college offers them, further expenditures may include books, a place to stay, and excursions abroad.
What Are The Top PGDM Colleges in India?
Choosing the correct place for your PGDM Course is very crucial. Many fantastic institutions in India are known for their high-quality education, talented teachers, and high rates of job hiring.
Before you decide on a college, check to see if it is accredited, what courses it offers, who works there, what facilities it has, how it helps alums, and how well it helps students find jobs.
College | Type (Private / Public) | Location |
Approximate Total Fee for PGDM/ Equivalent
|
Management Development Institute (MDI) | Private | Gurgaon | ₹20-26 Lakhs |
IMT Ghaziabad | Private | Ghaziabad | ₹17-21 Lakh |
International Management Institute (IMI), New Delhi | Private | Delhi | ₹20-22 Lakhs |
Jaipuria Institute of Management, Noida | Private | Noida | ₹15-17 Lakhs |
Lal Bahadur Shastri Institute of Management (LBSIM), Delhi | Private | Delhi | ₹10-14 Lakhs |
Amity University, Noida | Private | Noida | ₹17-23 Lakhs |
FORE School of Management, Delhi | Private | Delhi | ₹17-20 Lakhs |
New Delhi Institute of Management (NDIM) | Private | Delhi | ₹7-9 Lakhs |
IIFT, New Delhi | Public | Delhi | ₹16-22 Lakhs |
IIT Delhi (Department of Management Studies) | Public | New Delhi | ₹11-13 Lakhs |
Jamia Millia Islamia (JMI) | Public | Delhi | ₹1-2 Lakhs |
What Are The Career Opportunities After PGDM Course?
After getting their PGDM, students can work in a lot of different fields:
Industries that hire PGDM graduates:
- Finance
- Consulting
- Computer and software
- Marketing
- E-commerce
- Health care
- You can get these job roles:
- Analyst for Business
- Manager of Marketing
- Manager of Human Resources
- Manager of Operations
- Consultant on Money
Range of pay
- The starting wage is typically between ₹6 and ₹12 lakhs a year; however, it might be more for top students or specializations.
What are the Benefits of Pursuing a PGDM Course in India?
There are many reasons for choosing PGDM courses for students:
Up-to-date Course Content
Course material is always aligned with business requirements.
Skill Development
Makes you an improved boss while developing your people skills to communicate and resolve problems.
Professional Networking
Speaking with, connecting to, and meeting students with alumni, faculty, and industry professionals.
International Exposure
There are trade programs, jobs, and other ways to learn about the world at some schools.
Conclusion
People interested in management or corporate leadership should start with the PGDM. PGDM has a lot of training possibilities, learning that is relevant to the business, and helps find a job. These things help students perform effectively in a corporate environment that is continually changing.
People who work in business or wish to make the world a better place should know that PGDM is more than simply a degree. It’s a gamble on growth, fresh ideas, and help from all around the world.
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