PGDM is a 2-year postgraduate course in management that deals with a course similar to an MBA to impart Management training programs with more industrial-oriented and practical approaches. It fulfills the requirements of the organizations, institutions, and companies and there are plenty of job opportunities as Managers, Leaders, functional heads, and Specialised Executives all around the world after the completion of this course.

PGDM Course Details

Degree Postgraduate Diploma
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
Average Fees Incurred INR 3 - 12 LPA
Average Salary Offered INR 4 - 10 LPA
Employment Roles Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer, Marketing Executive

About Post Graduate Diploma In Management

According to Wikipedia," Management (or managing) is the administration of an organization, whether it is a business, a non-profit organization, or a government body." Therefore, aspirants who want to pursue a career in Management can opt for a PGDM Degree. It is basically of 3 types: a full-time course, distance mode, and online mode.

The core subjects include Financial Accounting, Business Economics, Basics of Mathematics and Statistics, Marketing Management, Business Communication, and Human Resource Management. For those capable of leading teams and managing them, this course will reward them with a high salary. The PGDM Course is a good choice for people with high leadership capabilities. The course prepares students to get jobs in research and educational institutes and become professors and teachers specializing in management, accounting, business, and soft skills with high job scope.

Table of Contents

Eligibility Criteria for Post Graduate Diploma In Management

Admission for the PGDM course in India begins with checking the course's eligibility criteria, including having a Bachelor's degree in any course with a minimum of 50% aggregate marks from any recognized college or institute. At elite institutions like IIM, a minimum of 60% or 6.5 CGPA on a scale of 10 should have been scored for graduation. In addition, a passing score is required on MAT and CAT. This course is open to all ages. Currently, PGDM in India is a top-rated and high-demand course and offers a high job scope for aspirants after immediately passing out.

Admission Process for Post Graduate Diploma In Management?

The PGDM admission process begins with the student having a Bachelor's degree in any course with a minimum of 50% aggregate marks from any recognized college or institute and passing marks on entrance exams conducted by national bodies, institutes, or a group of institutes. Then, aspirants are called to write a written test, participate in group discussions, and have a personal interview after passing these exams. Students are selected for final admission based on their performance in these rounds. Students are also admitted to private colleges through management quota, seats of which are limited in numbers.

Though the admission process varies from college to college, below mentioned are the steps that one should go through generally to get admission:

How to Apply?

The online portal/offline network must be used to get the application form first. Then, it has to be filled. Because of covid, online is the only option available right now. Once done, the aspirant has to upload/attach the required documents as per the guidelines and the specifications mentioned. Then, apply for a loan if necessary and pay the fee if selected.

Selection Process

The selection is based on the PGDM eligibility criteria of the minimum scores in the listed exams. Once that is done, there might be an entrance test in colleges. After passing those with a decent score, the aspirant is selected. Then, either with/without the loan, the fee has to be paid depending on the ones quoted by the institution.

Popular Entrance Exams for Post Graduate Diploma In Management

Some universities and institutions or even states may conduct their entrance examinations for Post Graduate Diploma in Management admissions. The exam includes financial management, Computer Applications for Business, Personal & Professional Skills Program and many more subjects, helping them understand the course. The exams are:

A Quick Glance At the Post Graduate Diploma In Management Entrance Exams

The students must qualify for the national or state level PGDM entrance exams such as CAT, MAT, XAT, etc. Aspirants can choose to teach at B- schools or coaching institutes that prepare students for management entrance exams. The entrance exam gives a glance at the entire course, thus giving an overview of the topic.

  • The aspirant needs to learn time management to be able to attempt all the questions.
  • Time management and aptitude knowledge are required for the generalized section.
  • The exams are held only in English, and thus language proficiency is a must.

Top 10 Post Graduate Diploma In Management Colleges in India

India has a variety of colleges offering a course in Post Graduate Diploma In Management. Since it's a form of specialization, it requires a practical and theoretical study which helps them get in-depth knowledge on the course. These are the top 10 colleges in India, according to the updates given in 2021.

Top PGDM Colleges in India

Sl.No.

Name of the College

1

IIM Ahmedabad

2

IIM Calcutta

3

International Management Institute, New Delhi

4

SP Jain, Mumbai

5

XLRI

6

IIM Lucknow

7

MDI

8

NMIMS, Mumbai

9

IMI 

10

TAPMI

Fee Structure for Post Graduate Diploma In Management

The PGDM course fees may vary based on colleges. A government-based institute charges less than a private institute because of its infrastructure and facilities. The average price of a PGDM course in a private institute is about INR 1- 20 LPA.

PGDM Fee Structure

College Name

Fees Per Annum

Indian Institute of Management

INR 6.75

National Institute of Industrial Engineering (NITIE)

INR 9.4

SP Jain Institute of Management and Research

INR 5.85

Indian Institute of Management

INR 13.8 

Great Lakes Institute of Management

INR 11.91

Syllabus and Subjects for Post Graduate Diploma In Management

The PGDM course is a 2-year program consisting of 4 semesters. Courses are divided into two sections, a set of compulsory courses covering all the foundation areas of management and an elective set of courses that emphasize job-specific skills and knowledge. Depending on the course modules, each college may have its topics and subjects. A few of the subject topics are:

  • Organizational Behaviour
  • Managerial Accounting
  • Business Communication
  • Managerial Economics
  • Quantitative Techniques
  • Operations Management

Read More About PGDM Syllabus and Subjects

Why Choose Post Graduate Diploma In Management?

PGDM is a very demanding course for students who want to pursue their careers in the management field. Management, Leadership, functional heads, and Specialized Executives are in high demand, which PGDM Graduates can occupy. Students of any field can use the PGDM syllabus to shape their careers. As a result, they are more proficient in various subjects rather than having just a narrow focus. The course offers a high job scope and makes them prepared by the time they pass out of the course.

What is Post Graduate Diploma In Management all About?

PGDM or Post Graduate Diploma In Management is a 2-year course that mainly focuses on building a career in the management field. This management course is industry-oriented and has a practical approach. Few of the subjects include Financial Accounting, Business Economics, Basics of Mathematics and Statistics, Marketing Management, Business Communication, Human Resource Management, and many more, along with other specializations. Some institutions provide part-time PGDM programs for two years, while others offer three-year programs. Although PGDM is a PG diploma course, the career prospects for those who pursue this course are very bright, thus having an enormous job scope.

What Does a Post Graduate Diploma In Management Graduate Do?

Further studies: After completing PGDM, aspirants can pursue a doctorate program, which is available in different specialization disciplines such as Management Studies, Business Administration, Business Management, Human Resource Management, etc.

Teaching Profession: Graduates can pursue positions as teachers in educational and research institutions to share their knowledge and expertise with younger students.

Job role: PGDM aspirants can pursue various career paths, such as Operations Manager, Project Manager, HR Manager, Operations Consultant, depending on the type of specialization they pursue.

Reasons Why Post Graduate Diploma In Management Can Fetch You a Rewarding Career?

High Pay: The job offers a good starting salary for freshers and a well of senior or experienced graduates, thus marking it as a good one in the economy.

Exposure: A management degree allows you to see the practical business environment through internships, professional interactions, corporate meetings, and industrial workshops. Having practical knowledge of the fundamental business before you put it into action is a huge advantage.

Opportunities: The 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.

Read More About PGDM Jobs

Preparation Tips for Post Graduate Diploma In Management

Below are some preparation tips made by experts for aspirants who want to pursue Post Graduate Diploma In Management:

  • 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: Trying 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.

Scope For Higher Education

Having a Post Graduate Diploma In Management opens up a wide range of career options. It is even possible to study further after completing the course. The most commonly followed path in this aspect is the Doctorate degrees, which can be obtained in different specialization domains like Management Studies, Business Administration, Business Management, Human Resource Management, and others. Depending on your choice of stream, there are many marketing, finance, or human resources options. When higher education and the bachelor's degree are put together, it gives the students a high job scope. A few of the courses are:

  • Doctor of Business Administration (DBA)
  • Doctor of Philosophy (Ph.D.) in Management
  • Doctoral Programme in Management
  • Doctorate in Management Studies (DMS)

Salary of a Post Graduate Diploma In Management Graduate

The starting salary of a PGDM graduate would be around INR 4 - 10 LPA. As skills and experience increase, so will the salary increment. The salary varies depending on whether it's a private or a public sector and its popularity.

Even the job role of the aspirant is a factor that is noted while the salaries are discussed. For instance, an account manager gets paid more than a marketing manager.

Read More About PGDM Salary

Career Options After Post Graduate Diploma In Management

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 interior MBA or other full-time courses. But even a bachelor's degree has a high job scope because of the demand and the industrialization and development happening.

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

  • Finance and Admin Manager
  • Associate Professor
  • Finance Manager

Some of the best Post Graduate Diploma In Management career options in the private sector are:

  • Business Development Manager
  • Subject Matter Expert
  • Brand Manager
  • Finance Manager
  • International Sales Manager

Skills That Make You The Best after Post Graduate Diploma In Management

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. Some of the skills required for the Post Graduate Diploma In Management graduates are as follows:

  • Problem-solving
  • Critical thinking
  • Strong communication
  • Project management
  • Leadership

Frequently Asked Questions

1.

Can PGDM be done after 12th?

It is not possible to join a PGDM program immediately after the 12th. One must complete a graduation course and obtain an undergraduate degree before applying for a PGDM program.

2.

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 organizing the operations of the various sectors is invaluable to an engineer.

3.

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.

Entrance Exams For Post Graduate Diploma In Management [PGDM]

See Various Post Graduate Diploma In Management [PGDM] Colleges in India

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