PGDM Salary, Jobs, Scope in India

Duration: 2 Years
Avg Fees: ₹3 - 12 LPA
Roumik Roy
Roumik Roy

Updated on - Aug 9, 2023

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PGDM jobs in India are in high demand with potential employment opportunities in today's developing world. A student will be well-equipped with industry-relevant skills and expertise to appear for recruitment drives after PGDM course completion.

Graduates can obtain adequate job opportunities with average salary ranges between INR 4 - 24 LPA. The PGDM salary can change depending on industry demand, work experience, skills, and expertise.

The PGDM syllabus prepares and train the students for various job opportunities in both the private and government sectors. The most popular PGDM job roles are mostly available in Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, etc.

Table of Contents

Salary Offered to PGDM Graduates In India

The PGDM salary in India ranges between INR 4 - 24 LPA. The PGDM salary package for a graduate is influenced by a wide range of variables. Interpersonal skills, a field of specialty, and competence in that sector affect the PGDM salary. 

The average salary after PGDM in India can be less at first for freshmen, but as applicants develop appropriate experience and skills, their salary after PGDM may change. 

PGDM Salary in India

The average PGDM fresher salary in India is INR 8 LPA. The salary varies for each sector along with the type of job or even the skills possessed by the aspirants. The table below contains the PGDM salary range in India:

PGDM Salary In India

Amount (INR)

Highest Salary

24 LPA

Lowest Salary

4 LPA

Average Salary

8 LPA

(Source: Ambition Box)

PGDM Salary Based on Job Designations

There are several PGDM job options available for freshers & experienced PGDM graduates in corporate and governmental institutions. In India, PGDM scope and salary are influenced by the candidate’s experience and qualifications. Several jobs after PGDM are included in the following table along with respective salaries:

Job Role

Fresher Salary (INR)

Experienced Professional Salary (INR)

Business Consultant

INR 5 LPA

INR 23 LPA

Marketing Manager

INR 4 LPA

INR 28 LPA

HR Manager

INR 4 LPA

INR 22 LPA

PR Officer

INR 3.5 LPA

INR 10 LPA

Finance Manager

INR 7 LPA

INR 18.5 LPA

Strategic Manager

INR 6.6 LPA

INR 26.5 LPA

Brand Manager

INR 4.5 LPA

INR 33 LPA

International Sales Manager

INR 5 LPA

INR 17 LPA

[Source: Glassdoor & Payscale]

PGDM Salary Based on Specializations

PGDM program is among the most rewarding in terms of employment prospects due to the variety of specializations accessible to applicants. The PGDM jobs based on specializations are as follows:

Specializations

Average Annual Salary (INR)

PGDM in Finance

9 - 20 LPA

PGDM in Business Analytics

8 - 15 LPA

PGDM in International Business

8 -14 LPA

PGDM in Operations Management

9 - 15 LPA

PGDM in Supply Chain Management

8 -16 LPA

PGDM in Information Technology

9  - 18 LPA

PGDM in Marketing

8 - 20 LPA

PGDM in HR

8- 14 LPA

[Source: Glassdoor & Payscale]

PGDM Salary Based on Sectors

Jobs after PGDM are available in a variety of government and public sector enterprises, businesses, and educational institutions. The following is a detailed view of PGDM  salaries in each sector. 

Private Sector

In the private sector, PGDM jobs provide a variety of attractive packages and perks based on degrees, experience, and specializations. The PGDM average salary in India under the private sector is INR 6 LPA. The following table lists the reputable private companies and their average salaries in India:

Top Recruiters

Average Annual Salary (INR)

Cognizant

INR 5 - 20 LPA

Deloitte

INR 6 - 20 LPA

HDFC Limited

INR 5 - 20 LPA

KPMG

INR 5.5 - 25 LPA

Infosys

INR 4.5 - 26 LPA

[Source: Glassdoor & Payscale]

Government Sector 

Government job opportunities for PGDM graduates are expanding due to the increased demand. The PGDM course salary for the government sector is INR 5 LPA on average. The following table lists reputable government-based enterprises and their average salaries after PGDM:

Top Recruiters

Average Annual Salary (INR)

Sports Authority of India

INR 8 LPA

Central Electronics Limited

INR 6.5 LPA

Uranium Corporation of India Limited

INR 8 LPA

SBI

INR 10 LPA

RBI

INR 15 LPA

[Source: Glassdoor & Payscale]

PGDM Jobs in India

Candidates can pursue a range of occupations after completing the course, students can seek work or extend their study. Graduates of the PGDM program can work in a wide range of professions in both the commercial and public sectors. A detailed view of PGDM jobs in India is given below:

Entry-Level PGDM Jobs for Freshers

Job prospects for PGDM students are quickly growing and will continue to do so in the foreseeable future. A PGDM starting salary in India ranges from INR 6 LPA - 10 LPA, which increases with experience and skills. Following are some of the job profiles for PGDM freshers. 

Job Profiles

Description

Business Development Executive

  • Source New Clients
  • Strengthen corporate Relationships
  • Maintain customer relationships
  • Building business Prospect

Management Trainee

  • Executing tasks in many departments
  • Attending workshops, visiting other offices, and offering assistance and suggestions 

Marketing Executive

  • Develop Marketing Plans
  • Design marketing direction
  • Configure Campaigns
  • Boost services & Products

Sales Executive

  • Drive Business Growth
  • Build customer relationship
  • Report to the sales manager

Government Jobs for PGDM Aspirants

The career options in government for PGDM graduates keep increasing due to the high demand. The increase in the country's development has led to a flow of opportunities from the government sector Following table shows the PGDM jobs in the government sector:

Job Profiles

Description

Business Consultant

  • Provide clients with counsel, information, insights, and recommendations
  • Study organizational practices
  • Assessing weaknesses and recommending business solutions

Strategic Manager

  • Setting feasible goals and implementing processes
  • Analyze organizations to evaluate their strengths, limitations, operational effectiveness, and areas for growth

Brand Manager

  • Ensuring that branding is consistent across all advertisements and campaigns
  • Making sure a brand is recognizable, current, and engaging to customers
  • Plan strategies for promoting and changing public opinion of brands

Marketing Manager

  • Planning and strategizing marketing activities
  • Research about market
  • Creation of marketing campaigns
  • Promote services and products
  • Analyze KPI for the performance

Private Jobs for PGDM Graduates

The prospects for PGDM students in private firms are expanding as various private companies are offering PGDM career opportunities for aspirants after completing their PGDM degrees. There are various job designations in private companies for PGDM graduates, as follows: 

Job Profiles 

Description

HR Manager

  • Tactical planning for staffing and interviewing
  • Counsel executives on decisions that affect all levels of management
  • Hiring employees to develop a productive work environment

PR Officer

  • Building public relations strategies and campaigns
  • Developing presentations, articles, press releases, and social media posts
  • Check exposure and conduct research to learn about the organization's issues and expectations

Finance Manager

  • Lead initiatives for planning and forecasting with business partners
  • Examine financial reports and make financial projections
  • Evaluate earnings, expenditures, cash flows, and balance sheets

International Sales Manager

  • Enhancing revenue from sales in existing markets
  • Expanding sales into prospective markets
  • Analyzing trends to generate realistic sales estimates

Specialisation-Wise Jobs for PGDM Graduates

PGDM jobs are determined by the specialization chosen by the student when enrolled in the program. Each PGDM specialization provides distinctive career options, therefore the student must choose carefully. The following are PGDM job options by specialization.

PGDM Specialization

Area of Recruitment

Job Role

PGDM in Finance 

Financial Sectors, Banks, IT sectors, Insurance Companies

Bank Manager, Investment Banker, Financial Manager

Portfolio Manager, Financial Advisor

PGDM in marketing

MNCs, Corporate Houses, and Marketing Enterprises

Market Research Analyst, Market Executive, Marketing Manager, Brand Manager, New Product Manager

PGDM in Business Analytics 

Agriculture, Education, Finance, Logistics, Energy

Market Research Analyst, Market Executive, Marketing Manager, Brand Manager, New Product Manager

PGDM in International Business

Logistics and Shipping Companies, Business Consultancies, Foreign Exchange

Sales Manager, Business Analyst, Export Manager, International Marketing Manager, Product Manager

PGDM in Operations Management

Logistics & supply chain management, Service Operation, Material management

Purchase Manager, Strategic Planner, Purchase Analyst, Materials Analyst

Factors To Consider Before Choosing A Job

There are some important factors to consider before selecting a job. A list of elements to consider before considering the PGDM jobs is provided below: 

  • Salary and entitlements - Job designations at different hierarchies of management play an important role in determining compensation packages. 
  • Company profile - A good company profile with adequate infrastructure ensures that a candidate will receive a lucrative compensation package. 
  • Cultural fit -  A good organizational fit enhances a candidate's performance and boosts productivity level.
  • Career progression -  Candidates should choose their company and job designation based on their chosen career prospects in a particular industry. 
  • Employee benefits - A comprehensive benefits package may make employees feel valued and appreciated, which can lead to increased job satisfaction and engagement. 

PGDM Placement

The placements for PGDM students are held at several prestigious universities in India during the program's final year through the on and off-campus recruitment drive. The followings are the top PGDM colleges and their top recruiters, along with average PGDM salaries:

College Name

Top Recruiters

Average Salary Package (INR)

IIM Ahmedabad

Goldman Sachs, Avendus Capital, Arpwood Capital, Standard Chartered, 

INR 10 - 30 LPA

NITIE

Apple, Accenture Strategy, Zepto, Wipro, Asian Paints, Britannia, Colgate-Palmolive, Dabur

INR 15 - 40 LPA

XLRI

Aarti Industries Limited, AB InBev, Accenture, ACT-Fibernet, Adani, Aditya Birla Group, Airbnb, Airtel, Allianz Global

INR 10 - 40 LPA

IIM Lucknow

Barclays, Accenture, BCG, Deloitte, Amazon, Jio, Capgemini, KPMG, Bain & Co., Microsoft, P&G, Nestle, IBM, Puma, Adobe, Flipkart

INR 8 - 30 LPA

IIM Tiruchirappalli

ABFRL, Accenture, Amazon, Avalon Consulting, Bain & Co., BNY Mellon, Cognizant, Deloitte

INR 15 - 20 LPA

[Source: Glassdoor & Payscale]

Top PGDM Recruiters

Global corporations such as Accenture, KPMG, Syngenta, TCS, Infosys, and Deloitte provide a variety of work opportunities for PGDM graduates and are considered among the best places to work. The following are the top companies that hire PGDM graduates:

Top Recruiters

Average Annual Salary (INR)

Cognizant

INR 9.5 LPA

Deloitte

INR 12 LPA

HDFC Limited

INR 5 LPA

KPMG

INR 13 LPA

Infosys

INR 8.5 LPA

SBI

INR 10 LPA

RBI

INR 15 LPA

[Source: Glassdoor & Payscale]

Areas of Recruitment for PGDM Graduates

The scope of PGDM in India is extensive as students can work both in the public and private sectors, depending on their interests and skills. Some of the areas in which PGDM graduates get recruited are given below:

Areas of Recruitment

Job Profiles

Marketing Agencies

Market Research Analyst, Marketing Executive, Marketing Manager, Brand Manager

Educational Institutions

Educational Consultant, Administrator, HR Manager, Sales / Business Executive

Consultancies

Analyst, Business Consultant, HR Consultant, IT Consultant, Real Estate Consultant

Hotels and Resorts

Hotel Manager, Food and Beverage Director, Director of Sales and Marketing, Finance Manager, HR Manager

Career Scope of PGDM

The PGDM scope in India is expanding significantly. Students who have earned their degrees have a bright future and might swiftly advance to the top positions in their careers. 

Career Options after PGDM

PGDM has a broad future possibility for business administration specialists and professionals who desire to pursue a career in management. The following are the several PGDM career opportunities for graduates:

  • Business Development Executive
  • Financial Advisor
  • Recruitment Manager/Executive/Associate
  • Human Resource Executive
  • Marketing Associate/Executive
  • Operation Manager
  • Brand Executive/Manager
  • Customer Relationship Executive/associate
  • Sales Executive

Courses after PGDM

Students can pursue job-related courses to expand their knowledge and competence in business management after completing their PGDM courses. There are several alternatives for higher education after the PGDM course, some of which are given below:

  • PhD
  • MPhil
  • Executive MBA
  • ISB's Certificate Programme in Business Analytics
  • Doctor of Business Administration 
  • Fellow Programmes in Management from IIMs
  • Certified in Production and Inventory Management (CPIM)

Skills Required for PGDM Graduates

The PGDM scope in India is defined by the individual's knowledge, expertise, and competencies throughout time. PGDM graduates must possess soft and hard skills to be successful in the industry. Some of these skills are given below:

  • Strategic Thinking - Graduates need to have ideas to plan and execute tasks effectively for strategizing efficient business processes or organizational operations.
  • Teamwork - The importance of knowing teamwork helps students to work collaboratively which maximizes the efficiency of productivity. 
  • Problem-Solving -  A problem-solving mindset helps graduates to face business challenges and provide effective solutions.
  • Analytical Skills - PGDM subjects require a certain amount of analytical and logical skills to assess complex situations. 
  • Domain Knowledge - Students should have significant insight into the management trends and latest aspects that provide additional help to comprehend the course outcomes and make the best out of it
  • Communication Skills - Soft skills including communication and impersonal skills are essential for adequate career growth.
  • Decision-Making skills - Graduates should be able to undertake rational decisions for effective planning and controlling business operations. 
  • Research Abilities -  Students should know about quantitative and qualitative research practices for acquiring in-depth knowledge, which will contribute to project work as well.

PGDM Fee Structure

FAQs

Which PGDM has the highest salary?

A PGDM degree in IT Services & Consulting, Financial Services, and Marketing & Advertising offers the highest salary packages.

Which specialization is best in PGDM?

PGDM in Marketing, HR, and Finance are among the most sought-after courses that provide a vast career scope.

Can I get a job after PGDM?

Yes, after obtaining a PGDM degree, students can work as Retail Managers, Operations Managers, Supply Chain Managers, Accountants, etc.

Is PGDM accepted for govt jobs?

Yes, with a PGDM degree students are eligible to apply for government jobs in India.

Can freshers get jobs after PGDM?

Yes, freshers can find various job opportunities after graduating with a PGDM degree, such as Business Development Executives, Management Trainees, Sales Executives, etc.

Who earns more PGDM or MBA?

​​Typically, salary depends on the college and the level of experience. A PGDM from ISB, for example, will earn more than an MBA from a common university. However, the average salary for an MBA is INR 21 LPA, while that of a PGDM is INR 12.9 LPA.

Is PGDM as good as MBA?

Yes, it is. PGDM and MBA courses are very similar in curriculum, however, PGDM courses are industry focused whereas MBA is more theoretical.

See Various PGDM Colleges in India

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