Post Graduate Program in Management
PGPM Highlights
| Abbreviation | PGPM |
| Full-Form | Post Graduate Diploma Programme in Management |
| Eligibility | 10+2+3/10+2+4 (an undergraduate course in any specialization) |
| Fee | Rs. 1,000,000 to Rs. 2,500,000 |
| Duration | 2 years |
| Career Opportunities | Operations Manager, Finance Manager, Tech Consultant, Retail Manager, Tourism Manager, HR Manager, Hotel Catering Manager |
Specifically, the Post Graduate Programme in Management is a management postgraduate course. It is sometimes also thought to be the same as an MBA. The P.G.P. in Management typically lasts two years, but this can vary from institute to institute. As a result, PGPM typically lasts for four semesters. Some of the schools offer a P.G.P.M. program for one year, while IIM Sambalpur offers a program for two years with six semesters. Second-year students may also choose their own electives at some institutions or colleges. The program's goal is to help students become more competent managers.
PGPM Eligibility
• The P.G.P. in Management course's minimum eligibility requirements must be met by prospective students.
• A graduate degree from a recognized institution is required.
• Up-and-comers ought to have at least 50% imprints in their advanced education. The minimum percentage of marks, on the other hand, varies by the institute.
• Any of the accepted entrance examinations, including the CAT, XAT, CMAT, and others, require candidates to have a valid scorecard.
• Aside from this, candidates will need to meet other institute-imposed eligibility requirements, such as an age limit. These conditions differ from institution to institution.
Top PGPM Exams
Here is the list of some top exams through which candidates can get admission in the Post Graduate Programme in Management course. Candidates having valid scores on any of these exams will be considered for admission to P.G.P. in Management course.
CAT- Common Admission Test i.e. CAT is a national-level entrance exam for admission to graduate management programs. CAT is a computer-based exam of 3 hours conducted annually by IIMs. Candidates must have a graduate degree with at least 50 percent marks (45 percent for the reserved category) to be eligible to apply for the exam.
MAT- Management Aptitude Test (MAT) is conducted for admission to Master of Business Administration and allied programs by more than 600 business schools across the country. MAT is conducted by All India Management Association (AIMA). Candidates should have a graduate degree to be eligible for the exam. Candidates appearing in the final year of their graduation degree are also eligible to apply. MAT is conducted in both online and offline modes. So, candidates are required to choose their mode of examination while applying for the exam.
XAT- Xavier Aptitude Test i.e. XAT is a national-level management entrance test for admission to MBA/PGDM courses. It is conducted by XLRI Jamshedpur. Candidates with a graduate degree are eligible to apply for the exam.
How to Apply
The majority of colleges have a four-step application process for PGPM courses. These steps are as follows:
• Complete the College's Application Form: The applicant who satisfies all the qualification rules for the course should apply to the school wherein they need to take affirmation, either on the web or through the post, according to directions from the chosen college(s).
• Test for Entry: Almost all colleges accept entrance exam scores for admission to PGPM courses. Therefore, in order to gain admission to the college that you have chosen, the candidate must determine which entrance exam is accepted by the college and ensure that they appear for that exam and meet the requirements to do so. Most of the time, IIMs accept CAT scores for admission, but other colleges will take any combination of CAT, CMAT, or GMAT scores.
• Ability to compose Test (WAT): You will be notified about the subsequent admission rounds, which typically consist of a Written Ability Test (WAT) and a Personal Interview (PI), once you have passed the PGPM college's cutoff. Except for IIMs, some colleges typically begin with Group Discussion Round, followed by WAT and PI. A student's capacity and analytical skills are typically tested on WAT. The final selection for the PI round is made from those students who pass the exam.
• Individual Meeting (PI): This is the second most crucial step in PGPM admissions, after WAT. The PI round is limited to the final shortlisted candidates only. A candidate's personality, educational background, and work experience are evaluated in this round, as are their managerial and leadership abilities.
PGPM vs PGDM
Many students get confused between PGPM and PGDM. Check the following table to know the common difference between them:
| Parameters | PGPM | PGDM |
| Full Form | Post Graduate Program in Management | Post Graduate Diploma in Management |
| Duration | 1-2 years | 2 years |
| Course Overview | This is usually a postgraduate level certification course (except 2-year course of IIM which grants a degree) in the field of management. | This is a postgraduate-level diploma course in the field of management. |
| Course Objective | It is a course specifically designed for working professionals to train them for managerial and leadership positions, and to get a boost in their careers. | This course is meant for students who are coming for higher studies in Management after completing their bachelor's degrees. |
| Admission criteria | Entrance Based Admission | Entrance Based Admission |
| Average Course Fees | INR 8,00,000-20,00,000 | INR 12,00,000 |
| Average Salary | INR 10,00,000 to INR 20,00,000 | INR 15,00,000 |
PGPM vs MBA
IIMs usually provide PGPM courses that are equivalent to MBA degrees. But the 1-year PGPM course that is offered by many top private B-Schools in India is different from MBA courses.
The table below shows some of the common differences between these courses:
| Parameters | PGPM | MBA |
| Full Form | Post Graduate Program in Management | Master of Business Administration |
| Duration | 1-2 years | 2 years |
| Overview | This is usually a postgraduate level certification course (except 2 year course of IIM which can itself be converted into MBA) in the field of management. | This is a full time masters course in Business Administration. |
| Objective | It is a course specifically designed for working professionals to train them for managerial and leadership positions in different industry fields. | This course is meant for students who complete their bachelor degree, preferably a BBA, and move to higher studies to pursue a Masters course. |
| Admission Criteria | Entrance Based Admissions, and Cutoffs are generally lower as compared. | Entrance Based Admission, and Cutoffs are generally higher as compared. |
| Average Course Fees | INR 8,00,000-20,00,000 | INR 10,00,000-20,00,000 (usually less in government colleges like BHU) |
| Average Salary | INR 10,00,000 to INR 20,00,000 | INR 10,00,000 to INR 23,00,000 |
PGPM Specializations
There are no official PGPM specializations, but the 2 year PGPM courses offer the same syllabus in the first year, and then some elective specialization subjects in the second year.
The specialization generally ranges in the following fields:
General Management
This course generally presents an entire synopsis of managerial roles and duties. This course lands jobs in many MNCs, the Corporate sector, and IT sector companies.
Finance
The course gives an emphasis on financial management. The candidates are generally offered jobs in the banking sector or corporate houses.
IT
This course is specifically meant for IT sector candidates who want to get jobs in higher positions in IT sector companies. This course includes advanced IT topics like data mining, E-commerce, and E-business, along with normal management topics. Check: PGPM IT
HR
The course is also known as PGP-HRM, this course is designed for HR professionals, and includes topics such as Compensation and Benefits, Talent management, etc.
Marketing
The course gives a detailed insight into marketing skills. The candidates generally land a job in the corporate sector.
Operations
This course generally provides detailed insights into operations management. The course comes with job opportunities in the corporate sector, MNC, and IT sectors.
PGPM Syllabus
First-year syllabus:
| Column1 | Column2 | Column3 |
| Term 1 | Term 2 | Term 3 |
| Financial Accounting | Corporate finance | Business Laws |
| Managing Organisation | Macroeconomics | Competition and strategy |
| Marketing Management | Managerial Communication | Indian economy and policy |
| Microeconomics | Managing people and performance in organisation | Management Accounting |
| Quantitative Methods 1 | Quantitative methods 2 | Information systems and analytics |
| Written Analysis and Communication | Research and marketing decisions | Operations management |
Second-year syllabus :
The second-year syllabus differs from college to college and depends on the electives available and selected by the candidate. Some of the common elective courses are:
| Column1 | Column2 | Column3 |
| Elective Subjects | ||
| Econometrics | International Finance | Data Visualization For Managers |
| Data Mining for Business Decisions | Product and Brand Management | Strategic Sourcing Management |
| Corporate Governance | Customer Experience Planning and Execution | Foundations of Strategy Consulting |
| Performance Management | Information Technology Consulting | Private Equity and Venture Capital |
PGPM Jobs
After the completion of the PGPM course, candidates can expect a salary hike of up to 30-40% salary hike on their current offer, as compared to their last job. This is not fixed, and it largely depends upon the college, placement offer, company credibility, and the required skills & experience of the candidate.
Check the table below that shows common PGPM Jobs along with the salaries and compensation associated with the job post:
| Column1 | Column2 | Column3 |
| Job Profile | Role | Salary (INR) |
| Tech consultant | The managerial position in the IT sector. Tech consultants give advice to the company on various technical aspects. | 8,14,400 |
| ITES | To look after the various IT enabled services of the company. | 6,68,000 |
| Business Consultant | To advise a corporate firm on various aspects of business, including its expansion. | 9,86,106 |
| Operations Manager | To manage the daily operations of a corporate house. | 7,78,278 |
| Finance Manager | To manage the various financial aspects of an enterprise. | 9,99,394 |
| Sales and Marketing Analyst | To analyse and work on development of sales and marketing strategies of a company. | 4,45,771 |
PGPM Scope
• Every day, more and more people are looking for PGPM courses. The candidates' salaries are comparable to those of MBA candidates offered by employers.
• Since PGPM candidates are expected to have more work experience than other candidates, recruiters will likely place a higher priority on the course in the future.
• A candidate for PGPM has a wide range of career options. Managerial positions are available to PGPM candidates in almost every industry, including the corporate, MNC, IT, and finance industries.
• A doctoral degree, such as a Ph.D. in Management Studies or a Ph.D. in Business Management, could follow for the candidates. They may be able to improve their skills and management abilities by taking additional certification courses.
• The majority of applicants are hired as Analysts and Consultants, positions with extremely high pay of INR 6-20 LPA.