PGDM Course – In India 2 years Post Graduate Diploma in Management courses are popularly known as MBA courses. The IIMs are the most reputed institutions which provide PGDM courses in India. PGDM is the most sought after course for graduates who want to transform their career and be a part of the corporate world. Every year IIMs conduct Common Admission Test (CAT) to shortlist candidates for PGDM in IIMs. The exam is exceptionally competitive that only people in the 99 th percentile make it to the final selected candidates. However, the reward is equally gratifying as the students graduating after PGDM courses are offered the best career deals and packages, which is the dream of many. The article will cover details on PGDM Course, specialization, eligibility and admission criteria, top institutions offering PGDM and more.
PGDM Course Highlights
|Name of Course||Post Graduate Diploma in Management|
|Commonly Popular as||PGDM|
|Duration of Course||2 years|
|Average Course Fees||INR 3-12 Lakhs|
|Examination Type||Semester/ Trimester System|
|Eligibility for Admission||Graduation in any stream|
|Admission Process||Through entrance Exams, Direct Admission is also offered by some institutes|
|Job Positions||Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer, Marketing Executive, etc.|
|Top Recruiting Areas||Banks, Marketing Agencies, Market Research Companies, Educational Institutions, Consultancies, Law Firms, Entertainment Portal, Hotels and Resorts, etc.|
|Average Salary||INR 4 – 30 LPA|
What is PGDM Course?
Post Graduate Diploma in Management, commonly known as PGDM, is a 2-year full time and the part-time course offered in the field of management. The students can pursue the course on regular mode or through distance mode. The PGDM course syllabus is designed to equip students with skills and capabilities to meet the requirements of the corporate world. PGDM course is offered by India’s top management institutions including Indian Institutes of Management (IIMs), FMS Delhi, XLRI Jamshedpur etc. In the course, the students learn managerial, executive and leadership skills which are the basic requirement of almost every brand or company. PGDM Course is offered in the various specialization including Human Resource Management, Marketing, Finance, International Business etc.
Why Choose PGDM Course?
After completing the graduation course, many students plan to pursue a career in the field of management because the field provides the best job opportunities to the students. Candidates can study management only through 3 courses which are MBA (Master in Business Management), PGDM and PGPM. PGDM course helps in the following ways:
- Post Graduate Diploma in Management course revolves around creating business class leaders and future executives who can lead the way with professionalism. The course nurtures and develops skills and qualities that are the basic requirement to lead business environment.
- Through the course, the students are taught teamwork, leadership and decision making abilities which is necessary for corporate roles.
- Students pursuing the course build soft skills needed to run the firm in an appropriate manner. The program is more industry-oriented and practical sessions are also held in the course.
- The course helps to build conceptual knowledge and skills in students who can go on to work in industries, government or private organizations.
- After completing the course, you can become Management Analysts, Consultants and Executives and help an organization grow.
- Those who have already experienced in the management field and have pursued the course become eligible to obtain senior-level positions in a company.
How the PGDM course is different from the MBA?
To under the basic difference between PGDM and MBA course, go through the detail provided in the table below:
|Parameter||PGDM (Post Graduate Diploma in Management)||MBA (Master of Business Administration)|
|Course Overview||PGDM is a PG diploma course which offers specializations in Marketing, HB, General Business, etc.||MBA is a degree course offering specializations in HR, Marketing, Finance, and much more.|
|Objective||It is more focussed on giving practical knowledge to the students. The course curriculum is more industry-oriented as compared to MBA course.||It is more focussed on developing both theory and practical knowledge, and the required leadership skills among students.|
|Duration of the Course||The duration of PGDM is 1-2 years. A 2-year PGDM is equivalent to an MBA.||As per UGC, the duration of the MBA is 2 years.|
|Curriculum||The curriculum is flexible here as the colleges can make elemental changes in the course syllabus based on demand and industry needs.||The curriculum is not revised frequently as the colleges cannot introduce changes without the consent of the university or regulating body.|
What are the specializations available in PGDM Course?
Just like MBA, PGDM is offered in various specializations. While getting admission to PGDM, the students can opt from the following available specializations:
- PGDM in International Business: The students who pursue PGDM in International Business are provided knowledge and training in the field of international business and its related aspects. PGDM in International Business is offered by the management institutions like Indian Institute of International Trade, Asian Business School, etc. The average fees of the program are between 4 and 12 Lakhs.
- PGDM in Operations Management: PGDM in Operational Management is pursued by the students and professionals who want to learn the different competencies related to the smooth and optimal working of the operations department. Through the course, the students learn how to deliver excellent services in the minimum time and low cost. The average fees of the program are between 3 and 10 Lakhs.
- PGDM in Business Analytics: In today’s time, analytics has become an important part of any organization. Therefore, the popularity of PGDM in Business Analytics is increasing among the students. The program offers to train students and provide knowledge in terms of business analytics practices, tool and techniques to provide insightful information from the data collected, extracted and analysed. The average fee of the program is between 4 and 20 Lakhs.
- PGDM in Marketing: In the course, the students learn all the aspects related to Marketing Management, Marketing Research, etc. The course teach the students to improve the market value of the company or a product with the help of various strategies and tools. The total course fee is not very costly, one can pursue the course by paying 2 to 5 lakh course fee.
- PGDM in Finance: This course is for those who are interested to learn about the different aspects of financial management such as working capital management, international finance, etc. In the PGDM in Finance course, the students learn to analyze the expenses thereby making balance sheets and analyzing various concepts of cost minimizations. The total course fee is 1 to 5 lakh.
The above-mentioned specializations are popular among the students. Apart from the above-mentioned courses, PGDM course has some more specializations which are PGDM in Biotechnology, PGDM in Business Entrepreneurship, PGDM in Retail Management, PGDM in E-Business etc.
What is the eligibility of PGDM Course?
To be considered eligible for admission to PGDM course, the candidates should first meet the criteria as prescribed by the course offering institution. However, the eligibility criterion for the PGDM course at different management institutions is almost the same. The candidates who are holding graduation in any discipline with at least 50% marks are eligible to apply for PGDM course admission. Some institutions demand work experience in the management field. The candidates who are in the final year of their graduation can also apply for PGDM course admission.
How to get Admission to PGDM Course?
Admission to PGDM courses offered by management institutions are done through the entrance tests like CAT, MAT, XAT, GMAT etc. the candidates who obtain the minimum required score in these entrance exam can apply for admission to the PGDM courses at any offering institutions. apart from these exams, some institute organizes its own written test for offering admission. In such institutions, the students have to appear for Written Test, Group Discussion, and Interview. In India, normally, the application process for PGDM Course admission starts from the month of March.
PGDM Entrance Exams
In order to get admission to 2 year’s PGDM courses, the candidates have to appear for any of the national or state level entrance tests. The lists of top entrance test are provided below:
Common Admission Test (CAT): This is India’s top-level management entrance exam conducted by the Indian Institute of Management(s) [IIMs] and is preferred as the qualifying exam by most top management institutes and B-schools in India. Almost every top management institutions accept CAT score to offer admission to PGDM courses.
Management Aptitude Test [MAT]: This entrance exam is also considered as a hallmark for PGDM admission at government and private management institute or colleges or universities. The exam is conducted by the All India Management Association [AIMA], this exam is also
Xavier Aptitude Test [XAT]: This is a national level entrance test conducted by the Xavier School of Management to offer admission to PGDM course. The score of XAT is accepted by many top management institutions in India. Final year students and students with Bachelor’s degrees can apply for this exam.
Graduate Management Aptitude Test [GMAT]: The entrance test is conducted by the Graduate Management Admission Council [GMAC], this exam is the qualifying examination for admission into PGDM courses offered at colleges governed by GMAC.
AIMS Test for Management Admissions [ATMA]: Conducted by the Association of Indian Management Schools [AIMS], the exam is accredited by the MHRD. The score of ATMA is accepted by several colleges for admission into their management courses.
Common Management Admission Test [CMAT]: CMAT is a national level entrance test conducted by the All India Council for Technical Education [AICTE], this exam is widely accepted as a qualifying exam by a large number of government-sponsored management institutes in India.
NMIMS Management Aptitude Test [NMAT]: This is a university-level entrance exam conducted by the Narsee Monjee Institute of Management Sciences [NMIMS], this exam is considered as the qualifying exam for the institutes and universities under the tutorship of Narsee Monjee group of institutes for their MBA course.
Indian Institute of Foreign Trade [IIFT]: IIFT conduct this entrance test to offer admission into the IIFT group of colleges for their management and business programs.
Symbiosis National Aptitude Test [SNAP]: Symbiosis International (Deemed University) conducts this exam which is the qualifying exam for the management courses in Symbiosis University.
Institute of Rural Management Anand [IRMA]: IRMA conducts this examination for admission into the IRMA college and is taken as the qualifying exam for their management and business courses.
MICA Admission Test [MICAT]: Conducted by MICA Ahmedabad, this examination is the benchmark for admission into the MICA group of colleges in Ahmedabad into their management and business courses.
What are the subjects included in the PGDM Course?
The list of subjects included in the curriculum of the Post Graduate Diploma in Management [PGDM] course is mentioned below. However, the subject in the PGDM course may vary from college to college; the crux of the subject composition remains the same for most colleges in India.
- Basics of Marketing
- Business Ethics And Communication
- Business Law & Corporate Governance
- Economics & Social Sciences
- Finance & Accounting
- International Business
- IT Skills Lab
- Management Information Systems
- Managerial Economics
- Organisational Behavior
- Production & Operations Management
- Research Methodology
- Statistics and Quantitative Techniques
- Strategic Management
- Theory of Management
PGDM Course Syllabus
The syllabus of PGDM course is almost same in all management institutions in India. However, the offering institutions has the right to make changes in the syllabus of its PGDM course as per industry demand. Candidates can check the detailed semester-wise syllabus in the separate table below:
PGDM Syllabus for Semester 1
|1||Finance for Non-Finance|
|2||Joy of Management|
|5||Marketing and Consumer Behaviour|
|6||Excel Spreadsheet Modelling|
|8||Marketing of Products and Services|
|9||Financial Reporting and Analysis|
|10||Business Research Methodology|
|12||Macro Economics & Policy|
|13||Business Communication & Presentation Skills|
PGDM Syllabus for Semester 2
|1||Costing Products and Services|
|2||Synthesising and Analyzing Data using R|
|3||Managing Operations and Supply Chain|
|4||Human Resource Management|
|5||Indian Banking and Financial Markets|
|6||Indian Economy in the Global Context|
|7||Managing Stakeholders and Legal Processes|
|8||Managing Financial Resources|
|9||Bringing Ideas to Market|
|12||Data Science Using R and Python|
PGDM Syllabus for Semester 3
|1||Management of Design|
|2||Business Model and Intellectual Property|
|3||Leveraging IT for Business|
|4||Corporate Governance and Social Responsibility|
|5||Analysing and Mitigating Risk|
|6||Applied Business Research|
|7||Problem Solving and Consulting Skills|
PGDM Syllabus for Semester 4
|2||Ethics and Indian Ethos|
|3||Integrated Decisions Making|
|5||Applied Business Research Project|
PGDM Offering Colleges and Course Fees
We have listed below the name of some of the top institutes offering PGDM course in the India along with locations and fees charged by them.
|Name PGDM Colleges India||City||Average Annual Fees per INR annum (Lacs)|
|Indian Institute of Management||Bangalore||8.5|
|Indian Institute of Management||Kolkata||6.75|
|Xavier’s Labour Relation Institute||Jamshedpur||35,000/-|
|SP Jain Institute of Management and Research||Mumbai||5.85|
|Management Development Institute||Gurugram||7.4|
|Faculty of Management Studies||Delhi||20k|
|International Management Institute||New Delhi||7.7|
|Indian Institute of Foreign Trade||Delhi||1.3|
|Narsee Monjee Institute of Management Studies||Mumbai||63K|
|International Management Studies||Kolkata||4.9|
|Institute of Management Technology||Ghaziabad||7.5|
|Symbiosis Institute of Business Management||Pune||20K|
|Vinod Gupta School of Management||Kharagpur||3.08|
|Department of Management Studies||Delhi||35|
|TA Pai Management Institute||Manipal||7|
|Indian Institute of Management||Shillong||6.35|
Colleges/Universities offering Distance PGDM Course
The following re the list of colleges that offer distance or correspondence learning courses in Post Graduate Diploma In Management [PGDM] course:
|Sl. No.||Name of the College|
|1||Indira Gandhi National Open University [IGNOU] New Delhi|
|2||Symbiosis International University [SIU] Pune|
|3||ICFAI Business School [IBS] Hyderabad|
|4||Sikkim Manipal University [SMU] East Sikkim|
|5||Dr Hari Singh Gour University [DHSGU] Sagar|
|6||Annamalai University Distance Education|
|7||Amity University, Distance and Online Education|
|8||Bharathidasan University [BU] Tiruchirappalli|
|9||Alagappa University Distance Education|
|10||MIT School of Distance Education [MITSDE] Pune|
What after PGDM Course?
The courses open plenty of job option for the candidates. They can pursue a job in the field of their choice. A number of college offers placement to its PGDM course students. The candidates having a good score in the course are selected by the various companies for job offers. The average salary offered to those who have completed PGDM course is INR 7.04 lakhs per annum. Some of the popular job opportunities are mentioned below:
- Bank Jobs
- Brand & Marketing
- Business Consultancies
- Educational Institutes
- Export Companies
- Financial Organisations
- Industrial Houses
- Multinational Companies
- Non-profit Organisations
- Personal Business
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