This topic contains 5 replies, has 5 voices, and was last updated by  braydenbrennan 4 months, 2 weeks ago.

  • Author
    Posts
  • #349 Reply
     Arpit Raj Mall 
    Member

    Are MBA and PGDM two separate courses? If not, why do some colleges offer MBA while top IIMs only offer PGDM/PGP?

  • #5476 Reply
     Shraddha Goel 
    Member

    The answer to your question comes in two parts.

    1. The difference between MBA and PGDM
    • PGDM courses are updated according to changes in the industry and hence offer you relevant and current syllabi as compared to an MBA course. This is because an autonomous institution i.e. not falling under a University has the autonomy to rapidly regulate its curriculu instead of following the herd.
    • Second, colleges that offer PGDM courses since are autonomous, need to be verified regarding their accreditation by AICTE. MBA colleges  fall under Universities and Universities are under regulation by UGC so students may not need to take much caution comparatively.
    • If PGDM course is not accredited, it may not be considered equal to MBA.
    • MBA is more affordable than PGDM as the fee structure is regulated in the same manner by all the Universities.
    • MBA pays more attention to improving the technical skills and theoretical, business knowledge. Whereas as stated above, PDGM offers more of practical based, industry relevant knowledge.

    2. IIMs offer diplomas because otherwise they would have to compromise on their autonomy, and also generating degrees is a slower process than providing diplomas.

     

    Hence if you are looking for a challenging role as a Manager in the corporate world, you are suggested to go for PGDM. 🙂

  • #5734 Reply
     Olivia Das 
    Member

    MBA – Master of Business Administration.

    PGDM- Post Graduate Diploma in Management.

    If you have a MBA degree you can proudly proclaim that you are a post graduate but in case of PGDM you are a diploma holder in a post graduate course.Otherwise, PGDM is equivalent to MBA.

    The advantage of a MBA degree over PGDM are :

    1. You can opt for govt jobs mainly PSU where MBA degree is required

    2. You can do a PhD if you have MBA degree

    How does MBA or PGDM Impact your career?
    Indian Context
    In purely an Indian context, there is NO DIFFERENCE when it comes to how the industry treats PGDM and MBA graduate. If you see, 9 out of top 10 B Schools in India offer PGDM / PGP and not MBA. This is the testimony to the fact that there is no difference between the two in India.
    Career growth is same in both.

    Global Context
    Global context in two parts: Jobs and Higher Education (like PhD or double MBA).
    From job perspective, there is no difference even in global , if you are coming from a reputed B School of India.
    From Higher Education perspective; yes there is a difference and having an MBA degree helps you a bit more as compared to having a Diploma (PGDM / PGP). Though, the difference is minuscule of just a point or two when it comes to the evaluation of your application form for higher education.As MBA gets you marked against Masters Degree while PGDM/PGP gets you marked against Masters-Diploma.


    So, if you are not looking for higher studies, then whether you have MBA or PGDM doesn’t matter. What matters is you are coming from which college, its industry perception and similar aspects.

    Examples of PGDM/PGP Institutes in India are- IIMs ,XLRI, SP Jain, NMIMS (Banglore/Hyderabad) etc.
    Examples of MBA colleges in India are- IIFT , JBIMS , FMS ,NMIMS(Mumbai)SIBM (Pune), IITs etc.

  • #1960912 Reply
     Sarika Mhatre

    MBA is a full-fledged degree course in business studies. PGDM is a post graduate diploma course of 1 year duration that one can do after completing graduation. In either case, you may require good entrance and graduation scores. Focus on cat preparation strategy and get good marks so that you can choose ITM University or other good colleges.

  • #1961785 Reply
     dinesh kumar 
    Participant

    MBA is a degree while PGDM is a diploma course. MBA Degree is more focused on the technical and theoretical aspects related to management rather than the adoption of practical knowledge.PGDM courses are more focused on the industry and its practical knowledge. This course is designed to develop the skills needed in the current market. PGDM course is, therefore, more helpful for the students to develop practical marketing skills with the consideration of industrial perspectives.
    If you are looking for MBA College in India , Visit Chandigarh Group of College Landran, one of the reputed college in Punjab.

  • #2083536 Reply
     braydenbrennan

    The pgdm courses by ITM University or other top institutes are more practical in their approach. They train candidates to deal with the actual challenges in the corporate world. MBA is more detail oriented. It however helps candidates to gain knowledge about different subjects related to business.

Reply To: What is the difference between MBA and PGDM?
Your information:




GET UPTO 50%    OFF!
Verify Yourself




Log in with your credentials

or    

Forgot your details?

Create Account