PG Diploma in Management (PGDM)
| Column1 | Column2 |
| PGDM Full-Form | Post Graduate Diploma in Management |
| PGDM Course Level: | Postgraduate |
| PGDM Duration: | 2 years |
| PGDM Examination Type: | Semester/ Trimester System |
| PGDM Eligibility: | Graduation in any stream |
| Admission Process: | Entrance Exams, Direct Admission is also offered in some private colleges. |
| PGDM Average Fees: | INR 3-12 Lakhs |
| PGDM Top Colleges: | IIM Kolkata, NMIMS, SPJIMR etc. |
| Distance Education: | NMIMS, IGNOU, Symbiosis Centre for Distance Learning (SCDL), Nalanda Open University |
| PGDM Average Salary: | INR 4-10 LPA |
| PGDM Top Recruiting Areas: | Banks, Marketing Agencies, Market Research Companies, Educational Institutions, Consultancies, Law Firms, Entertainment Portal, Hotels and Resorts, etc. |
| Job Positions: | Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer, Marketing Executive, etc. |
| Top Companies: | McKinsey & Company, The Boston Consulting Group, Bain & Company, Deloitte Consulting, Booz Allen Hamilton, PricewaterhouseCoopers Advisory Services LLC, EY LLP Consulting Practice, Accenture, etc. |
PGDM Course
The Post Graduate Diploma in Management (PGDM) is a management course that is more industry-oriented and takes a more practical approach. The course's curriculum is very similar to that of an MBA, and its goal is to give students management training programs followed by rigorous case studies and seminars to prepare them for the industry.
Why PGDM?
Students who wish to pursue careers in management will find the PGDM course to be extremely challenging. The requirements of organizations, institutions, businesses, and other entities are also evolving in response to the world's constant change. Managers, leaders, functional heads, and Specialized Executives are in high demand all over the world.
• This course is open to students from any discipline: The PGDM Coursework is meant to help students of all fields plan their futures. The PGDM course can be taken by students who have earned a Bachelor's degree in any field with the required percentage for their overall development.
• Course that crosses disciplines: To meet the needs of industries, PGDM is an interdisciplinary course that combines management, accounting, economics, and other fields. Instead of just being proficient in one subject, the PGDM course provides students with a broad range of knowledge.
• Getting Future Managers Ready: In the country, there is an ever-increasing demand for high-quality managers. To meet industry standards, organizations frequently expended a significant amount of money on training and development. The PGDM course helps students align themselves with the requirements of markets and industries today.
• Utilize Your Present Position or Salary: The PGDM program helps aspirants advance through the pyramid. By keeping up with the requirements of the current market, it offers salary increases, promotions, CV enhancements, and other benefits.
Who ought to pursue PGDM?
• A PGDM Course is an option for students interested in pursuing a career in management.
• For those who can manage and lead teams, this course promises a high salary. Since PGDM accepts students from all courses, it provides a great opportunity for students to shift their careers into something that may interest them. Individuals with high leadership capabilities should try the course.
• A lot of students take a PGDM course to change careers or move into managerial or administrative positions. You shouldn't do both at the same time because you might spread yourself too thin without the relevant work experience in the new position.
• An online PGDM, as well as PGDM distance education, are accessible to nearly all students and working professionals. This assists the understudies or experts with time and monetary imperatives.
• Since PGDM Colleges do not discriminate based on age, professionals with a lot of work experience can move up the ladder.
When should I do a PGDM?
Through a practical approach, the PGDM course is designed to improve skills and meet industry requirements. The best time to take a PGDM course varies from person to person.
• PGDM course after the culmination of graduation won't be basically as much productive as having an encounter of a couple of years on the back. For a managerial position at a major company and the enviable salary that everyone desires, candidates must have three to four years of work experience and relevant skill additions on their resumes.
• There is a significant demand for PGDM courses due to their high rewards. The Diploma degree has become prohibitively expensive as a result. Students must be financially prepared. Many students drop out midway through a PGDM course because they can't afford it.
• The value of a PGDM course to students' careers must be evaluated. By providing us with fresh perspectives, the PGDM course aids in our personality development.
MBA vs PGDM
MBA and PGDM are not the same but they do have similar core subjects. Accreditation from AIU makes an institute’s PGDM program equal to an MBA. Most private universities provide PGDM courses. During recruitment MBA and PGDM Course is viewed to be equivalent.
Some of the differences between MBA and a PGDM is mentioned below:
| Parameters | MBA | PGDM |
| Full-Form | Master of Business Administration | Post Graduate Diploma in Management |
| Qualification | Degree Course | Diploma Course |
| Duration | 2 years | 1-2 years |
| Eligibility | Graduation in any UG course of any stream with a minimum of 50% of marks in UG from a recognized university | Graduation in any UG course from a recognized institution |
| Admission Process | Entrance Exam | Entrance Exams as well as Direct Admission in some institutions |
| Fees | INR 2-20 LPA | INR 4-24 LPA |
| Subjects covered | Financial Management, Human Resource Management, Customer Relationship Management, Marketing Research, Operations Management, Human Resource Management, Executive leadership skills, etc. | Financial Accounting, Business Economics, Basics of Mathematics and Statistics, Marketing Management, Business Communication, Human Resource Management, etc. |
| Average Salary | INR 7 - 10 LPA (starting salary) | INR 12 - 15 LPA (starting salary) |
| Entrance Exams | XAT, NMAT, SNAP, ATMA, CAT | MAT, CAT, CMAT, XAT, GMAT |
| Job Opportunities | HR Manager, Business Analyst, Marketing Manager, Finance Advisor, Investment Banker, etc. | Project Manager, Data Scientist, Auditor, Tax Specialist, Consultant, etc. |
PGDM Syllabus
PGDM course structure comprises two parts i.e., a compulsory set of courses covering all foundation areas in management and a set of elective courses that aims at building job-specific skills and knowledge.
A semester-wise breakup of the PGDM Syllabus is tabulated below.
| Column1 | Column2 |
| PGDM Subjects Semester I | |
| Management Functions & Behaviour | Human Resource Management |
| Economic and Social Environment | Introduction to Information Technology |
| PGDM Subjects Semester II | |
| Operations Management | Marketing Management |
| Quantitative Techniques for Managers | Managerial Economics |
| Strategic Management | - |
| PGDM Subjects Semester III | |
| Marketing Management (MM) | Financial Management (FM) |
| International Business (IB) | Human Resource Management (HR) |
| Operations Management (OM) | Information Systems (IS) |
| Insurance Management (IN) | - |
| PGDM Subjects Semester IV | |
| Business Law & Corporate Governance | International Business |
| Management Information Systems | Research Methodology |
| Project Work | - |
PGDM Specializations
PGDM course has many specializations to offer such as PGDM Marketing, PGDM Finance, PGDM HR, etc are the most popular ones.
PGDM in International Business
This course is for 2 years, providing deeper knowledge and training in the field of international business and its related aspects. PGDM in International Business can be pursued at colleges such as the Indian Institute of International Trade, Asian Business School, etc.
Average Fees INR 4 to 12 lakhs
Average Salary INR 4 to 10 LPA
PGDM in Operations Management
This course aims to provide skills to individuals to enable them to deliver excellent services in the minimum time and low cost. PGDM in Operations Management is pursued by professionals and students who want to learn the different competencies related to the smooth and optimal working of the operations department.
Average Fees INR 3 to 10 lakhs
Average Salary INR 4 to 8 LPA
PGDM in Business Analytics
Analytics is considered an important part of any organization. PGDM in Business Analytics offers to train students and provide knowledge in terms of business analytics practices, tools, and techniques in order to provide insightful information from the data collected, extracted, and analyzed.
Average Fees INR 3 to 12 lakhs
Average Salary INR 5 to 10 LPA
PGDM in Marketing
This course covers all the aspects related to Marketing Management, Marketing Research, etc. PGDM in Marketing trains students to improve the market value of the company or a product with the help of various strategies and tools.
Average Fees INR 2 to 5 lakhs
Average Salary INR 4 to 10 LPA
PGDM in Finance
This course is for students who are interested to learn about the different aspects of financial management such as working capital management, international finance, etc. PGDM in Finance is also helpful in analyzing expenses thereby making balance sheets and analyzing various concepts of cost minimization.
Average Fees INR 1 to 5 lakhs
Average Salary INR 4 to 12 LPA
PGDM in HR
PGDM in HR is a two-year master's degree program designed for candidates who are looking to pursue a career in human resource management. The program provides students with the skills and knowledge required to manage human capital in an organization.
The major topics covered in this program are Human Resource Information Systems, Performance Management, Human Resource Planning, Training and Development, and Compensation Administration.
Average Fees INR 4 to 10 lakhs
Average Salary INR 5 to 15 lakhs
PGDM in Supply Chain Management
PGDM in Supply Chain Management is a Postgraduate Program of 1 or 2 years depending upon the application of the candidate. They play a key role in all organizations from manufacturers, retailers, transportation companies, third-party logistics firms, government agencies, and service firms.
A mixture of design, production, management, and the Manufacturing of Goods and Services. PGDM Supply Chain Management reaches all movement and storage of raw materials, work in process inventory, and finished goods from point of origin to point of consumption.
Average Fees INR 4 to 15 lakhs
Average Salary INR 5 to 20 lakhs
PGDM Admission Process
The PGDM admissions process is based on entrance exams administered by national organizations, institutes, or a group of institutes. Candidates are invited to further rounds, such as a written test, a group discussion, and a personal interview, once they have passed these exams. Students are given final admission based on how well they did in these rounds.
Eligibility for the PGDM Program
Applicants for admission must possess a Bachelor's degree in any field with at least 50% from a recognized college or institute. However, a minimum of 60% or 6.5 CGPA on a scale of 10 should have been scored at the graduation level for elite institutions like IIM.
This course can be taken by anyone at any age.
PGDM Admissions
• Requirements for PGDM courses include a Bachelor's degree from a recognized university and a CGPA of at least 50%. PGDM Entrance Exams: CAT, MAT, XAT, GMAT, SNAP, and CMAT are ATMA PGDM Entrance Registration Exams for ATMA 2022. AIIM (Gujarat), Amity University, and FMS Delhi are PGDM colleges accepting applications.
• Top universities like IIM, IIT, FMS (Delhi), and XLRI offer the professional two-year degree program PGDM.
• According to academics, candidates should choose the right B-School that can give them an advantage over the rest even if they score 99% on the CAT
PGDM Entrance Exams.
In India, the CAT and MAT are the most accepted PGDM Entrance Exams. The majority of other entrance exams are restricted to a particular school or state.
In India, the Common Admission Test (CAT) is the entrance exam for PGDM programs that last two years. The CAT examination is scheduled for November 2022, and registration will begin in July. 50% graduation marks are required to take the CAT, but the qualifying marks for reserved categories are reduced to 5%. CAT scores are accepted by all Indian colleges for PGDM admission.
PGDM Jobs
After completion of a PGDM course, one can find a number of employment opportunities in both the public and private sectors and earn around INR 5 to 10 LPA. Students can go into research and educational institutes and become professors and teachers for Management, Accounting Business, and Soft skills wherein their duty will be to impart their knowledge and expertise to the younger students.
Jobs
The below table shows some of the PGDM Jobs for freshers and experienced professionals with salary details:
| Column1 | Column2 |
| 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 |
| Finance Manager | 9,99,000 |
| Strategic Manager | 10,84,000 |
| Brand Manager | 10,55,000 |
| International Sales Manager | 10,80,000 |