|Full Form||Post Graduate Diploma in Management|
|Duration||Course Duration of Post Graduate Diploma In Management [PGDM] is 2 Years.|
|Age||No age limit|
|Minimum Percentage||Minimum of 50% marks|
|Subjects Required||Graduation in any discipline from a recognized university.|
|Average Fees Incurred||INR 6L - INR 18L per annum|
|Similar Options of Study||Executive Postgraduate Diploma in Management, Management in Business Administration, HR Management|
|Average Salary Offered||INR 7.4 L per annum|
|Employment Roles||Chief Executives, Managers, Sales Manager, HR Manager, Marketing Manager, Senior Marketing Manager, Operations Manager, Project Manager, Business Analyst|
|Placement Opportunities||Accenture, Wipro Technologies, TATA Consultancy Sevices, BNP Paribas Inc|
The full form of PGDM course is Post Graduate Diploma In Management. It is a diploma course offered by the institutes that are recognized by the All India Council for Technical Education [AICTE] and which are autonomous and not affiliated to any university. The duration of the course is 2 years.
The curriculum of the PGDM course is focussed on the practicality of business, unlike the MBA course which is driven towards the theoretical side of the business. If an institution is accredited by the Association of Indian Universities [AIU], it makes the PGDM course equivalent to an MBA. This helps the candidates opt for further studies like FPM or a doctorate which requires an MBA degree, not a diploma.
The PGDM syllabus is designed to develop conceptual knowledge, behavioural and soft skills in students who plan on working in the industry, government sector or other organizations. The PGDM course admission procedure is different for different Institutes. Certain institutes require valid scores from competitive entrance exams while some others conduct their own entrance exams for the eligibility criteria. PGDM course helps an aspirant become increasingly industry-oriented.
The top colleges and institutes in India which offer PGDM course as part of their curricula include:
Graduates of PGDM course are entitled to be employed in leading national and multi-national companies across sectors including oil & gas, pharmaceuticals, banking and finance, FMCG, telecom, etc.
PGDM Course Salary & Fees in India:
Post Graduate Diploma In Management [PGDM] course is a postgraduate diploma course in the field of management. The PGDM course syllabus is designed to equip students with skills and capabilities to attain global positions in management. PGDM course is autonomous and is provided by the institute and directly approved by AICTE, Ministry of HRD, and Govt of India.
The major reason why PG courses are termed as PGDM is that when an institute is an autonomous body (meaning not affiliated to any University) and provides management courses then such institutes cannot offer MBA degree. When an institute acquires autonomy, they design their own curriculum instead of following the university syllabus which is updated regularly according to the requirements of the industry
Several crucial functions of an organization like decision-making, supervising and motivating employees are included in the curriculum of the PGDM course on a practical application. A typical PGDM course program has a basic curriculum like international business, human resource, business management, finance, and communication management etc.
PGDM course can be pursued through distance education learning which is considered as an equivalent to the regular full-time course. When compared with the MBA course, the PGDM course syllabus is more industry-oriented and practical application is the emphasis on learning. It also prepares the students for a senior position in the company. If the candidate wants to start his own entrepreneurial venture or is willing to pursue a lucrative job in the large and renowned corporate houses, PGDM course is the best option to choose.
The Post Graduate Diploma In Management [PGDM] course syllabus emphasizes leadership, teamwork and practical application-oriented methodology of studies. It is one of the most sought-out diploma courses that are offered from top B-schools in India. PGDM job scope is abundant in a large spectrum of sectors.
Usually, autonomous colleges try to maintain the latest syllabus as per the market demand but in universities, it is not always possible to change the syllabus every year. So autonomous institutes give the latest knowledge as per the current trend to their students.
The PGDM specializations in India and their respective scopes are enlisted below:
It is observed that a PGDM course student carries an upper edge due to the exposure and experience he or she has gained during his or her studies in comparison to an MBA course student. After the completion of the PGDM course, the doctoral programmes can be opted by the candidate.
The aspirants of Post Graduate Diploma in Management [PGDM] have to prepare for a series of gruelling examinations to prove their credentials and gain admission into the top PGDM colleges in the nation by dint of merit:
Common Admission Test [CAT]: This is the top-level exam conducted by the Indian Institute of Management(s) [IIMs] and is preferred as the qualifying exam by most top management institutes and B-schools in India.
Xavier Aptitude Test [XAT]: Final year students and students with Bachelor's degrees can apply for this exam, conducted by the Xavier School of Management.
Graduate Management Aptitude Test [GMAT] Conducted by the Graduate Management Admission Council [GMAC], this exam is the qualifying examination for admission into colleges governed by GMAC.
Common Management Admission Test [CMAT]: Conducted by the All India Council for Technical Education [AICTE], this exam is widely accepted as a qualifying exam by a large number of government-sponsored management and business institutes in India.
Management Aptitude Test [MAT]: Conducted by the All India Management Association [AIMA], this exam is also considered as a hallmark for admission into government colleges and universities in courses such as MBA.
AIMS Test for Management Admissions [ATMA]: Conducted by the Association of Indian Management Schools [AIMS], the exam is accredited by the MHRD and is convened by several colleges for admission into their management courses.
NMIMS Management Aptitude Test [NMAT]: Conducted by the Narsee Monjee Institute of Management Sciences [NMIMS], this exam is considered as the qualifying exam for the institutes and universities under the tutorship of Narsee Monjee group of institutes for their MBA course.
Symbiosis National Aptitude Test [SNAP]: Conducted by Symbiosis International (Deemed University), this exam is the qualifying exam for the management courses in Symbiosis University.
Indian Institute of Foreign Trade [IIFT]: Conducted by the IIFT, this exam is the benchmark for admission into the IIFT group of colleges for their management and business programs.
Institute of Rural Management Anand [IRMA]: Conducted by the IRMA, this examination is the hallmark for admission into the IRMA college and is taken as the qualifying exam for their management and business courses.
MICA Admission Test [MICAT]: Conducted by MICA Ahmedabad, this examination is the benchmark for admission into the MICA group of colleges in Ahmedabad into their management and business courses.
Here are a few common preparation tips candidates should follow to clear the entrance exams for Post Graduate Diploma in Management [PGDM], they are:
Knowledge of the exam paper pattern: The paramount step in preparing well for the entrance exam is a deep-rooted understanding and comprehension of the paper pattern and the syllabus.
Effective time management: Focus points should be kept in mind, with special emphasis on weaker subjects and the daily practice of numerical problems. A timetable should be drawn and the candidate should follow the timetable with dedication and diligence.
Enrolling in coaching institutes: A coaching class or a tutor especially for clearing the entrance exam is an added bonus as the teacher will help a candidate to focus on weaker zones and will aid in practice and comprehension of topics.
Practice makes perfect: Candidates should practice and revise before the exam so that it reduces the unnecessary pressure one day before the examination.
The core and elective subjects followed in the curriculum of the Post Graduate Diploma in Management [PGDM] course are listed below. While the subject list may vary from college to college, the crux of the subject composition remains the same for most colleges in India.
The average course fees for an aspirant pursuing Post Graduate Diploma In Management [PGDM] course ranges between INR 1 lakh - INR 18 lakhs per annum. This valuation may vary based on the prestige, faculty, infrastructure and placement history of the concerned college or institute or university.
The course syllabus pursued in the curriculum of Post Graduate Diploma In Management [PGDM] course is tabulated below. While the curricula of certain colleges may vary, the crux of the syllabus structure is maintained throughout.
|PGDM Syllabus- Semester 1|
|1||Finance for Non-Finance|
|2||Joy of Management|
|5||Marketing and Consumer Behaviour|
|6||Excel Spreadsheet Modelling|
|8||Marketing of Products and Services|
|9||Financial Reporting and Analysis|
|10||Business Research Methodology|
|12||Macro Economics & Policy|
|13||Business Communication & Presentation Skills|
|PGDM Syllabus- Semester 2|
|1||Costing Products and Services|
|2||Synthesizing and Analyzing Data using R|
|3||Managing Operations and Supply Chain|
|4||Human Resource Management|
|5||Indian Banking and Financial Markets|
|6||Indian Economy in the Global Context|
|7||Managing Stakeholders and Legal Processes|
|8||Managing Financial Resources|
|9||Bringing Ideas to Market|
|12||Data Science Using R and Python|
|PGDM Syllabus- Semester 3|
|1||Management of Design|
|2||Business Model and Intellectual Property|
|3||Leveraging IT for Business|
|4||Corporate Governance and Social Responsibility|
|5||Analyzing and Mitigating Risk|
|6||Applied Business Research|
|7||Problem Solving and Consulting Skills|
|PGDM Syllabus- Semester 4|
|2||Ethics and Indian Ethos|
|3||Integrated Decisions Making|
|5||Applied Business Research Project|
An applicant should have graduated in any discipline with at least 50% marks regardless of the field of study (according to 10+2+3 scheme) in order to be eligible to apply for the Post Graduate Diploma In Management [PGDM] course The students pursuing their final year of graduation or its equivalent can also apply to seek admission in the PGDM course. Many universities or institutes ask for valid CAT/ XAT/ GMAT scores as PGDM course eligibility.
The admission procedure starts in the second week of March. Candidates have to give entrance exams like GMAT, CAT, XAT, etc and the cumulative score is taken for the admission process.
There will be three rounds further for the selection into a university which are:
The aspirant should download the application/admission forms for the university opted for admission, also have the required documents ready. The process may have some additional round's and dates for the process, depending on the institute.
The large variety of specialization options available to aspirants of Post Graduate Diploma In Management [PGDM] course are tabulated below:
|1||PGDM(Human Resource Management)|
|4||PGDM (Information Technology)|
|5||PGDM (International Business)|
|6||PGDM (Operations Management)|
|7||PGDM (Systems Management)|
|8||PGDM (Financial Management)|
|9||PGDM (Retail Management)|
The large spectrum of job opportunities available to aspirants of Post Graduate Diploma In Management [PGDM] course are enlisted below:
The average course salary offered to aspirants of Post Graduate Diploma In Management [PGDM] course is INR 7.02 lakhs per annum. This valuation varies based on the sector and firm of employment of the aspirant as well as his or her dedication, diligence and experience at the workplace.
The top colleges in India offering Post Graduate Diploma In Management [PGDM] course as part of their curriculum include:
|Sl. No.||Name of the College|
|4||Faculty Management Studies, [FMS Delhi]|
|6||Shailesh J Mehta School of Management, Mumbai|
|7||Vinod Gupta School of Management, IIT Kharagpur|
|8||Management Development Institute, [MDI Gurgaon]|
The following colleges offer distance or correspondence learning courses in Post Graduate Diploma In Management [PGDM] course:
|Sl. No.||Name of the College|
|1||Indira Gandhi National Open University [IGNOU] New Delhi|
|2||Symbiosis International University [SIU] Pune|
|3||ICFAI Business School [IBS] Hyderabad|
|4||Sikkim Manipal University [SMU] East Sikkim|
|5||Dr Hari Singh Gour University [DHSGU] Sagar|
|6||Annamalai University Distance Education|
|7||Amity University, Distance and Online Education|
|8||Bharathidasan University [BU] Tiruchirappalli|
|9||Alagappa University Distance Education|
|10||MIT School of Distance Education [MITSDE] Pune|
Program Type: Usually 2 years full time. One year PGDM is not equivalent to MBA.
Academic Focus: Basic foundation plus practical training keeping up with industry demands.
Cost: Generally, more expensive than a university MBA. SP Jain PGDM costs INR 16 lakhs ($25k) for its full academic fee of two years.
Eligibility: Much like the MBA degree, it too requires an undergraduate degree with a minimum score, group exercises, personal interviews, written ability tests, CAT score. The selection is contingent on a weighted combination of these plus factors like gender and work experience in a managerial role.
Institutes: The Indian Institute of Management [IIMs], XLRI, SP Jain Institute of Management, and more.
The PGPM is not an AICTE recognized diploma or course. It is essentially an award or certification for a duration of one year. In that sense, it doesn’t feed into your qualifications towards, say, a Ph.D. It is also quite flexible and can be designed to suit the needs of the current relevant industry needs.
For instance, Great Lakes offers a PGPM program for a duration of one year, geared towards experiential learning, peer participation, and it is taught in collaboration with international faculty.
Eligibility requirements mandate either of GMAT/CAT/XAT/CMAT scores, a good academic record from a recognized institution, essays, and a minimum work experience (specified by the school). The Great Lakes PGPM costs about INR 15 lakhs.
Program Type: 2-year Degree course.
Academic Focus: The curriculum, in MBA programs in India, tends to be more technical and theoretical in nature.
Cost: An MBA program, in India, is significantly cheap, especially if directly granted by a university. Affiliated programs are maybe somewhat more expensive but still far more reasonable than international MBA degrees. In any case, an MBA is still cheaper than PGDM. In the interest of clarity, an MBA from the Faculty of Management Studies (University of Delhi), will cost an academic fee of about INR 1,00,000 ($1,500), for the entire program.
Undergraduate from a recognized university, an institution of national importance, or a foreign university with blessings from the Association of Indian Universities [AIU]. Candidates should have secured a minimum score of 50%.
Some form of aptitude test, such as the Symbiosis National Aptitude Test [SNAP], the Common Entrance Test [CET] conducted by the Government of Maharashtra as part of their Centralized Admission Process, or even the scores of CAT, CMAT, GMAT, MAT, XAT, ATMA, etc.
Candidates are well-advised to research the university-specific aptitude testing criteria. Final selection is contingent on success in group exercises, interviews, writing ability test, and previous academic record.
Institutes: Symbiosis Institute of Management (Pune), Faculty of Management Studies (University of Delhi), Mumbai University, Savitribhai Phule Pune University.
Can PGDM be done after 12th?
-It is not possible to join a PGDM programme immediately after the 12th. One must complete a graduation course and obtain an undergraduate degree before applying for a PGDM program.
Why should we do PGDM after B.Tech?
-Managerial expertise, in addition to the technical expertise of an individual, adds to the market value of an employable graduate. The practical knowledge of organising the operations of the various sectors is invaluable to an engineer.
Which PGDM has more scope?
- It is wise to choose PGDM specialization based on the interest level of an individual. Most students opt for finance or marketing followed by global operations, Human Resource Management, Retail Management among others.