Today’s corporate world is growing; it is important to gain an advantage over your peers to fulfill your career aspirations and build a position for yourself. There are various factors due to which it becomes a necessity for candidates with a bachelor’s degree to enhance their knowledge and skill-set. But the two main reasons are economic slowdown, But it becomes difficult for professionals with only a bachelor’s degree to survive and thrive.
Recently a survey was done on Annual Employability 2019 by Aspiring Minds. It revealed that 80% of engineering graduates as not fit for jobs. In order to face the challenges, college graduates and professionals choose to pursue PGDM to boost their careers. Companies have become selective in hiring, and are observed to give less preference to students and professionals with just a bachelor’s degree.
With the rising entrepreneurship in India; it is evident that the demand is growing, professionals having communication and management and leadership skills. Thus, many students and working professionals are opting to pursue management studies. PGDM is one of the emerging management program, which focuses on enhancing professionals skills to become successful business leaders.
What is PGDM?
Post Graduation Diploma in Management (PGDM) is a full-time two-year course designed to improve the student with overall knowledge and skills about the modern business world. In addition, and enable students to industry-relevant specialization according to their career goals. The specialization offered is Marketing Management, Entrepreneurship Management, International Business Management, Human Resource Management, Finance Management, Management Business Analytics, Operations, and Supply Chain.
What is the benefit of pursuing PGDM?
The PGDM program has a lot of benefits. This curriculum is designed in a way that it develops industry-relevant skills that are and helps you grow professionally. Some of the skills one develops during the program are listed below.
Problem Solving Thinking
For the daily operations of any organization, there arise various types of challenges that require a strategical and problem-solving approach. The PGDM program enables an individual how to take time and understand the situation, analyze the problem, and take strategic action to resolve the issue, and get a solution
Today’s business world is known for being demanding. To manage such difficult and high-pressure situations PGDM enhances the skills.
Building Network is a skill that helps one’s growth in the any field. The PGDM program encourages students to interact with or communicate with their peers as much as possible. Along with that, it offers various opportunities to attend events, be a part of guest lectures, and many other activities that help students to connect with people.
Good communication skills are required in most roles in today’s business world. This is one of the main reasons that the main focus is given on communication in a PGDM program. Thanks to a wide range of tasks, and internship opportunities with renowned organizations, students get to learn the complex business language and hone their communication skills.
The PGDM gives an in-depth knowledge of managerial skills. about how an organization performs, its day-to-day operations, meet various challenges and overcomes them. Students get a chance to hone their managerial skills during the course.
Career prospects after completing a PGDM program?
A PGDM program improves one’s knowledge and hones their skills, resulting in fast-tracking one’s career. After the completion of a PGDM program, one can recruit from any college in higher management roles such as CEO, Consultant, Project Manager, Director of Marketing, management, etc. in domains like Finance, Marketing, Administration, etc. specialization.
PGDM program is designed for aspirants to become market leaders. However, before enrolling in the program, one must carry out in-depth research and analysis about colleges, their syllabus, and the placements.