PGDM: Full Form, Course Details, Eligibility, Courses, Fees, Admission

Duration: 2 Years
Avg Fees: INR 3 Lakh - 12 Lakh
Shubhangini Priyadarshi
Shubhangini Priyadarshi

Updated on - Aug 27, 2024

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PGDM or Post Graduate Diploma in Management is a 2-year postgraduate management course, designed to provide students with a comprehensive understanding of various management concepts like Planning, Organizing, Leading, Group Dynamics, etc. A Post Graduate Diploma in Management course equips students with the skills required to succeed in the business world.

To be eligible for PGDM admissions, candidates must complete a bachelor's degree in any stream with a minimum of 50% marks and qualify for PGDM entrance exams like CAT, MAT, XAT, CMAT, etc as per college requirements. PGDM syllabus is skill-oriented and typically covers a wide range of subjects, including Accounting, Finance, Economics, Business Ethics, Marketing, Operations, and HRM, etc.

PGDM course equips with job-relevant expertise to become successful managers, leaders, and executives in specialized business units. The average salary package for PGDM graduates is around INR 4 LPA - 24 LPA. Top PGDM institutes have a 100% placement record with leading recruiters like Deloitte, EY, Amazon, Flipkart, Swiggy, Aditya Birla, Accenture etc.

PGDM Course Details

Degree Postgraduate Diploma
Full Form Post Graduate Diploma in Management
Duration 2 Years
Age No specific age restriction
Entrance Exam CAT, XAT, MAT, NMAT, CMAT, GMAT
Minimum Percentage Minimum of 50% Marks for General Candidates Minimum 45% Marks for Reserved/PWD Candidates
Average Fees INR 3 Lakh - 12 Lakh
Similar Options of Study MBA, PGPM, PGP
Average Salary INR 4 LPA - 24 LPA
Employment Roles Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer, Marketing Executive

What is PGDM Course?

PGDM full form is a Post Graduate Diploma in Management. It is a skill-oriented course that focuses on providing knowledge and expertise based on practical approaches to several core areas of management and its functions.

The PGDM course is equivalent to an MBA degree and is recognized by the Association of Indian Universities (AIU). PGDM specializations are available in different disciplines such as Marketing, Finance, HR, Operations, IT, etc to cater to the diverse career aspirations of students.

The average PGDM course fees ranges from INR 3 Lakhs - 12 Lakhs Per Annum, depending on the government and private entity, specialization, location, etc. Top colleges in Delhi such as IMI Delhi, IMT Ghaziabad, etc., have average fees between INR 8-9.50 LPA, whereas, colleges in Bangalore like IIM Bangalore, Welingkar Institute of Management and Research have average fees between INR 7-12 LPA.

PGDM Eligibility Criteria 

Candidates interested in pursuing PGDM courses must first check their eligibility. However, the PGDM eligibility criteria may slightly differ between institutes. Candidates should always check the institute's official website for comprehensive PGDM course eligibility criteria. The general PGDM eligibility is as follows:

Particulars 

Details

Bachelor's Degree

Candidates must have a bachelor's degree from a recognised university

Percentage Required

Applicants must score 50% marks in their bachelor's degree.

Entrance Exams

Many institutions offer admission through entrance exams, such as CAT, MAT, or XAT. The entrance exam scores are used to shortlist candidates for the PGDM program.

Also Read: NIRF Ranking 2024 Management

Why Choose a PGDM Course?

PGDM course or Post Graduate Diploma in Management is one of the highly demanded management programs for various reasons as it aids management aspirants in acquiring in-depth knowledge in business administration.

Here are some specific reasons why one should enrol in a Post Graduate Diploma in Management program in 2024:

  • Exposure: A management degree allows you to see the practical business environment through internships, professional interactions, corporate meetings, and industrial workshops.
  • Further studies: After completing the PGDM course, aspirants can pursue a doctorate program, which is available in different specializations.
  • Demand: The Bureau of Labour Statistics predicts that employment in management jobs will rise by 8% between 2021 and 2031.
  • Opportunities: A management degree is one of the most important criteria that companies consider when hiring. In addition, a management degree would be a good choice for those seeking higher positions in their career.
  • Job role: PGDM course aspirants can pursue various career paths, such as Operations Manager, Project Manager, HR Manager, and Operations Consultant, depending on the type of specialization they pursue.
  • Lucrative Compensation: The job scope after PGDM course includes a good starting salary and adequate compensation benefits for freshers and experienced graduates as well. 

Why Choose PGDM Course?

PGDM Admission 2024

PGDM Admissions for Tier I and Tier II colleges are mostly based on entrance exam merit scores, followed by GD/PI assessment rounds and Written Aptitude Tests (WAT). Students may also be admitted to private colleges through management quota, seats of which are limited in numbers.

The step-by-step PGDM admissions process of top institutions and universities is mentioned below.

  • Step 1: The online portal must be used to get the PGDM application form first after reviewing the PGDM course details
  • Step 2: The aspirant must upload/attach the required documents as per the guidelines and specifications mentioned. Pay the admission fees for the PGDM course registration. 
  • Step 3: The selection is based on the eligibility criteria and the cut-off scores acquired in the entrance exams. 
  • Step 4: Aspirants are called to write a written test, participate in group discussions, and have a personal interview after passing these exams.
  • Step 5: Students must provide the required paperwork and pay the appropriate PGDM course fee after being selected.

Also Read: MBA vs PGDM

PGDM Entrance Exams

Some major business schools have their entrance exams or accept National/State entrance exam results for admission to PGDM courses. Students interested in studying PGDM courses must meet the eligibility criteria and have the required percentage of marks to apply for admission. Once the candidate meets this condition, they can take the entrance tests and get admitted to the shortlisted colleges of their choice.

Candidates can take the following national state-level PGDM entrance exams:

Exam Name

Exam Date

CAT

24th Nov, 2024

MAT

Aug 14th - Aug 25th, 2024 (August Session)

XAT

5th Jan 2025

NMAT

5th Nov - 20th Dec, 2024

CMAT

May 2025

Also Read: CAT vs CMAT vs NMAT vs MAT

PGDM Cutoff 2024

Admission to PGDM courses depends on the qualifying entrance exam with the required cut-off marks. The cut-off marks can change every year depending on demand, institution rank, academic structure, etc. Detailed information on two important PGDM entrance exams and their expected cut-off marks are listed below.

PGDM CAT Cutoff 2023 for Top Colleges

Every college publishes its required cutoffs following the PGDM entrance examinations. Admission to the IIMs for PGDM is based on the CAT entrance exam. Although, the CAT cutoff for 2023 is yet to be released. Below is the list of the best PGDM colleges in India along with their expected cut-off marks in CAT 2023 for admission:

NIRF Ranking 2024 (Overall)

College Name

CAT Cutoff 2023 (in %tile)

1

IIM Ahmedabad

99-100

2

IIM Bangalore

99-100

3

IIM Kozhikode

97-98

5

IIM Calcutta

99

7

IIM Lucknow

97-98

8

IIM Indore

97-98

31

IIT Nagpur

95-96

47

IIT Amritsar

95-96

PGDM Fees Structure

With the increased demand for PGDM courses, students now have a variety of options from which to pick. For example, a professional who wishes to study a PGDM course to advance in his or her career can choose between a PGDM Distance course and a PGDM Online course, whichever is more appropriate. The fee structure keeps on fluctuating based on the courses or types you pick.

Types of PGDM Course

Fees (INR)

Admission Type

Full Time

4,00,000-10,00,000

Entrance Based

Online

10,000-15,000

Merit-Based 

Distance

30,000-50,000

Entrance Based

Also Read: Executive MBA Vs Distance MBA

PGDM Specializations

PGDM course offers various specializations that students can opt for based on their career objectives and future goals. Students can choose the specializations based on their choice in various domains such as Finance, HR, Marketing, International Business, Operations, etc.

PGDM Specializations

Given below is the information on various specializations in Post Graduate Diploma in Management courses.

PGDM Courses List

PGDM in Finance

PGDM in Business Analytics

PGDM in Marketing

PGDM in International Business

PGDM in HR

PGDM in Supply Chain Management

PGDM in Operations Management

PGDM in Information Technology

PGDM in Entrepreneurship

PGDM Insurance Management

PGDM Retail Management

PGDM Healthcare Management

Read More: List of PGDM Specializations

Top PGDM Colleges In India with Fees

Every year, students compete for seats at the top colleges offering PGDM programs. Check out the government and private PGDM colleges in India with fees.

Top PGDM Government Colleges

Check out the list of top PGDM Government Colleges in the table below:

NIRF Ranking 2024 (Overall)

College Name

Total Fees (INR in Lakhs)

1

IIM Ahmedabad

12- 25

3

IIM Kozhikode

12- 20.5

4

IIT Delhi

10.5

5

IIT Kanpur

2.8- 13.5

7

IIM Lucknow

7.6- 12.6

8

IIM Indore

17.25-35

10

IIM Calcutta

25

12

IIM Rohtak

17.66- 17.9

17

IIM Ranchi

15.5- 16.1

Top PGDM Private Colleges

Check out the list of top PGDM Private Colleges in the table below:

NIRF Ranking 2024 (Overall)

College Name

Total Fee (in Lakhs)

9

XLRI, Jamshedpur

4- 58.84

11

MDI Gurgaon

1.87- 26

13

Symbiosis Institute of Management, Pune

24.2

20

SP Jain Institute, Mumbai

9.5- 24

27

LPU Jalandhar

1.6- 10

29

Amity University, Noida

6- 26.36

32

Chandigarh University, Noida

1.5- 10

34

Great Lakes Institute of Management

9- 11.2

40

International Management Institute Delhi

20.8

84

NMIMS, Mumbai

6- 24.04

Also Read: PGPM vs PGDM - Which is Better?

PGDM vs MBA

PGDM is a post-graduation course based on management. The courses of MBA and PGDM are not the same but a few core subjects are similar to each other.

Listed below are the differences between MBA and PGDM courses:

Parameters

PGDM

MBA

Full-Form

Postgraduate Diploma in Management

Masters of Business Administration 

Overview

PGDM focuses primarily on an industry-specific practical approach to business management practices. A diploma can be awarded by any autonomous body/institution.

The prime focus of an MBA is an in-depth insight into theoretical concepts around managerial practices. Course degrees can only be awarded by Universities or affiliated colleges. 

Qualification

Diploma Course

Degree Course

Duration

2 Years

2 years 

Eligibility

Graduate from any stream from a recognized board with a minimum of 50% marks

Graduate from any stream with a minimum of 50% of marks in any UG-recognized university

Specialization Offered

Insurance Management, Retail Management, Operations, etc.

HR, Marketing, Finance, IT, etc.

Average Fees

INR 3 Lakh - INR 12 Lakh

INR 3 Lakh - INR 15 Lakh

Average Salary

INR 4-24 LPA

INR 4-30 LPA

Also Read: PGDM vs MBA

PGDM Syllabus and Subjects

The PGDM course is a two-year program divided into four semesters. The first year of PGDM includes two semesters, while the 2nd year includes two semesters in total.

PGDM  Syllabus for Semesters 1 and 2:

PGDM Syllabus Semester 1

PGDM Syllabus Semester 2

Organisational Behavior - 1

Organisational Behavior - 2

Business Communication

Financial Management - I

Microeconomics

Macroeconomics

Managerial Accounting and Control

Managerial Accounting and Control - 2

Operational Management - 1

Marketing Management - 1

Quantitative Techniques - 1

Quantitative Techniques - 2

PGDM  Syllabus for Semesters 3 and 4:

PGDM Syllabus Semester 3

PGDM Syllabus Semester 4

Financial Management - 2

International Business Environment

Human Resource Management

CSR and Sustainability

Management Information System

Business Policy Ethics

Operation Management - 2

Corporate Personality Development

Marketing Management - 2

Electives

Research Method

Project Work

PGDM Course Subjects:

The PGDM program covers a wide range of areas, including both core and elective courses. Electives are provided for specialised education in various professions and areas that are suited to individuals' interests and needs.

Read More: PGDM Syllabus and Subjects

PGDM Salary in India

The starting salary of a PGDM course graduate would be around INR 4 - 24 LPA, depending on whether it's in the private or public sector. As skills and experience increase, so will the salary increment. Candidates can grab rewarding job roles in esteemed organizations such as Goldman Sachs, Apple, IBM, Amazon, etc. The following table comprises PGDM job roles and their respective salaries. 

Job Role

Average Entry-level Salary (INRin LPA)

Average Salary (INR in LPA) with 5+ years of Experience

Business Consultant

5.40 12-17

Corporate Trainer

4-7 9-14

Investment Analyst

5-6 13-23

Risk Manager

5-7 12-18

Read More: Salary Offered to PGDM Graduates in India

Career Options After PGDM Course

After completing a Post Graduate Diploma In Management course, the aspirant can work in public and private sectors depending on the type of work or the skills they have. They even have further specialization by doing a postgraduate degree like a doctorate or even a further extension by doing an interior MBA or other full-time courses.

Some of the best job designations for graduates after the course of Post Graduate Diploma In Management are as follows:

Job Designation

Hiring Companies

Average Entry-Level Salary Range (INR in Lakhs)

Digital Marketing Executive

Accenture, HDFC Bank, Myntra, Flipkart, etc. 5.50

Finance Analyst

Accenture, Wells Fargo, Deloitte, Wipro, etc. 6.32

Retail Manager

Cars 24, Decathlon, Bata India, Reliance Industries, etc. 6-7

Operations Associate

Rivigo, Trav Clan, Paytm, Share Chat, etc. 4.50

Associate Project Manager

HCL Tech, HSBC Group, KPMG, E&Y, etc. 6.80

Read More: PGDM Jobs in India

Top Recruiters for PGDM Course

PGDM course graduates are sought-after for their pragmatic skills and hands-on approach by top companies such as Goldman Sachs, Accenture, KPMG, IBM, etc. These organizations are known for providing promising career advancement opportunities and lucrative salary slabs to PGDM course graduates.

Some of the top recruiters that hire PGDM course graduates are given below:

Top Recruiters

Average Salary (in LPA)

Goldman Sachs

5.2 - 22

Apple

6 - 30

Accenture

5 - 15

Deloitte

6 - 20

Wipro

6 - 19

Microsoft

7 - 35

KPMG

5 - 25

IBM

9 - 30

Amazon

7 - 28

Cognizant

5 - 20

 

PGDM Recruiters

PGDM Scholarships

PGDM course scholarships are extremely beneficial as they provide financial assistance to students who are unable to pay their tuition and other expenses. Some of these scholarships are subject to high performance in previous academics.

Listed below are a few MBA scholarship opportunities:

Scholarship

Eligibility 

Scholarship Amount

SJIM Scholarships

70% - 80% marks in the CAT entrance exam

INR 50,00 - 2 Lakhs

IMT EWS Scholarship

70% - 90% marks in the CAT and CMAT entrance exams

80% - 90% marks in the MAT entrance exam

10-20% on the course fee

JK Business School Scholarship

70% - 90% marks in the CAT/XAT/GMAT entrance exams

80% - 95% marks in the MAT/CMAT entrance exam

INR 10,000 - 30,000

VES Business School Scholarship

Excellent Performance in Bachelor’s studies 

Female Students and Physically Challenged Candidates

INR 25,000

Shriyut B K Birla Admission Scholarship

A minimum of 85% marks in the CAT/XAT/MAT 

INR 2 Lakhs

JIMS Scholarship

A minimum of 80% marks in the CAT entrance exam

70% marks in undergraduate studies

INR 50,000

LBSIM Scholarship

High academic performance in 1st and 2nd semester

INR 2 Lakhs

FIIB Scholarship Program

75% marks in the CAT/XAT/GMAT entrance exam

80% marks in the MAT/CMAT/ATMA entrance exam

75% marks in undergraduate studies from an accredited university

50% Tuition Fees

GIBS Scholarship

60-80% marks in the CAT/XAT/GMAT entrance exam

70-85% marks in the MAT/CMAT/ATMA entrance exam

INR 50,000

Skills to Excel as a PGDM Course Graduate

The PGDM course upgrades the skills and meets the industry's requirements by imparting practical approaches. It is an excellent choice for working professionals who want to broaden their knowledge of management and learn skills applicable to their field.

It is recommended that students possess hard and soft skills for better course outcomes. Some of the skills required for the Post Graduate Diploma In Management graduates are as follows:

  • Versatility and flexibility - Graduates should be able to manage their time effectively and manage diverse responsibilities. It is important to be able to work under pressure and meet deadlines. 
  • Critical thinking - Critical thinkers may prepare for the future by staying on top of trends and gaining the requisite foresight.
  • Strong communication - Good communication skill is required for handling client and customer relationships along with additional career growth. 
  • Project management- Students should develop skills for handling projects which includes planning, forecasting along with successful execution of tasks. 
  • Leadership - PGDM course graduates can acquire job opportunities in a managerial position which requires entrepreneurial and leadership abilities.

Preparation Tips for PGDM Course

Aspirants have to ensure that they crack the required entrance exams to get admission into the PGDM course. Additionally, they will also have to update their knowledge of the business world and stay up-to-date with major events and developments. Below are some preparation tips made by experts for aspirants who want to pursue PGDM course:

  • Time Management: The aspirant should be capable of answering 180-200 questions in about two hours, which means about a minute should be given to answer each question.
  • Reading Newspapers: General knowledge and current affairs questions are often asked in entrance exams and sometimes in personal interviews and group discussion rounds.
  • Skills: Try to focus more on analytical skills, data interpretation skills, verbal skills, general knowledge, etc., which are all included in the questions
  • Planning: To prepare well in advance, aspirants should practice with sample question papers, mock tests, and quizzes. By analyzing their errors, aspirants can develop a more effective strategy to attempt entrance exams.

PGDM Fee Structure

FAQs on PGDM

Q: What is a PGDM course?

A: PGDM stands for Post Graduate Diploma in Management. It is an extremely challenging program for students who want to pursue careers in management. Companies and other entities are looking for well-trained professionals to satisfy their current expectations. A PGDM programme is ideal for students who have completed their bachelor's degree and have valuable skills and experience in business. Work experience is essential for admission to some business schools and management institutions' PGDM programs, while others consider it an added benefit to a candidate's profile.

Q: Is PGDM equal to MBA?

A: Yes, PGDM is a diploma is equivalent to an MBA degree. AICTE accredits PGDM institutes, while UGC and AICTE accredit MBA institutions. MBA programmes concentrate a larger emphasis on the university's curriculum and have not changed in years, whereas the PGDM programme focuses on contemporary industrial demands and requirements.

Q: Which one has the higher pay scale MBA or PGDM?

A: Individuals with an MBA and a PGDM in India can earn a good amount of salary, based on the business school, specialisation, experience, industry, location, and individual success. MBA graduates in India can expect to earn initial salaries ranging from INR 8 Lakh to INR 20 Lakh or more. Starting earnings for PGDM graduates in India often range from INR 4 Lakh to INR 12 Lakh or more, depending on similar criteria such as specialisation and location.

Q: Is PGDM a good option?

A: PGDM courses may or may not be good degrees, depending on the objectives and circumstances of each individual. Business schools and management colleges usually provide PGDM courses intended to educate and train students in various management and business administration topics. Accreditation, Curriculum, Reputation, Industry Connections and Cost are some of the factors to consider when evaluating the value of PGDM courses.

Q: What is the duration of the PGDM course?

A: PGDM course is a postgraduate level programme that can be completed in two years. It equips students with valuable managerial qualities and makes them ready for the industry. Almost every company needs management graduates for the smooth functioning of their day-to-day operations.

Q: What are the benefits of pursuing PGDM?

A: The PGDM program raises significant challenges for students who aspire to work in management. PGDM graduates can occupy positions in management, administration, managing directors, and specialised leadership, as required by the companies. By the time candidates finish the course, the learning experience prepares them for various jobs.

See Various PGDM Colleges in India

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