Difference between MBA and PGDM
From the moment one gets his/her bachelor’s degree, the most frequent question that strikes once in their mind is whether to opt MBA or PGDM? For the answer to this question, firstly you should know the Difference Between MBA and PGDM. Along with MBA, PGDM is also in trend nowadays. So, here we will tell you which career option is better for you.The purpose of pursuing both these courses is to help you in shaping your career.An MBA or PGDM let the student to study and practice the managerial process required to run an organization.
PGDM expands Post Graduate Diploma In Management. The biggest confusion for PGDM is, when you hear something like- “Diploma”. Now the difference between a diploma and degree doesn’t require any explanation. The Institutes that are recognized by AllIndia Council for Technical Education (AICTE) and are not affiliated to any University offers diploma in PGDM (Post Graduate Diploma In Management) while degree of MBA (Masters In Business Administration) is offered by the colleges affiliated to any particular University.
Difference between MBA and PGDM
PGDM stands for Post Graduate Diploma in Management.The Institutes that are not affiliated to any particular University cannot offer a degree. Therefore, they provide a certificate i.e. Diploma Certificate. It is an IIM based diploma program approved by the AICTE (All India Council for Technical Education).AICTE conducts both technical and management courses.The duration of PGDM spread over 2 years containing usually 4 semesters and sometimes 6 trimesters. PGDM is an advance course. So, it syllabus alters in every 4-5 years.
Get Best Answer: How to Choose Right Career
MBA expands Masters in Business Administration. Colleges that are affiliated to any University can offer degree of MBA. It can either Indian University or any Foreign University. A syllabus change in an MBA program is rarely seen since the colleges that are offering the program has no authority to change the syllabus.Several Management Entrance Exams to qualify into the best B-Schools of India are CAT, XAT, SNAP, NMAT, IIFT, CMAT etc.
Some of the key differences between MBA and PGDM are listed below:-
|Full form||Masters of Business Administration||Post Graduate Diploma in Management Studies|
|Program||Offered by an institution that is affiliated to a University.||Offered by an institution that is not affiliated to any University.|
|Study||Based on developing technical skills and business knowledge.||Based on Industry-specific needs.|
|Examples||IGNOU, IIT||IIM’s, XLRI’s|
|Focus||Generally, MBA focuses more on theoretical aspects of management.||Generally, PGDM focuses more on building soft skills.|
|Affordability||Generally, more affordable||Generally, less affordable|
|Curriculum||Rigid, due to involvement of the University.||Flexible.|
|Duration||Two to three years||One to two years|
|Controller of Examination||University||Institute itself|
|Entrance Examination||Generally, through state level university examination.||Generally, through CAT/MAT/GMAT.|
Do You Know About: Careers that require strong critical thinking skills
Which is Better Career Option for You?
You cannot decide which course is better. Both the courses are almost same. The thing that make a difference is degree and diploma.
Must Know: Which Career Suit Me?
Why To Choose MBA
MBA is the most common and most required program after graduation. MBA is all about gaining knowledge in management subjects which helps to build a strong foundation of your career.
The MBA program has 6 terms (also known as trimesters) of 3 months each. There are 3 trimesters each in both the years and a 2 months internship at the end of 1st year. MBA gives importance to hard skills and is more subject oriented and theoretical practices.
The syllabus and curriculum of MBA is made according to the demand and needs of the industry.MBA institutes charge less fees as it is almost similar to university standard.
Best MBA Colleges In India:
- Faculty of Management Studies, University of Delhi, Delhi
- SIBM (Symbiosis Institute of Business Management), Pune
- NMIMS (NarseeMonjee Institute of Management Studies ), Mumbai
- IIFT (Indian Institute of Foreign Trade)
- JBIMS (Jamnalal Bajaj Institute of Management Studies), Mumbai
- IMNU (Institute of Management, Nirma University)
Check Out: Top MBA Colleges in India
One-Year Executive MBA Programs In India:
Most of the B-Schools of our country offers One-year Executive programs. A candidate with 2-3 years of work experience should go for a reputed executive program which will add value to his/her career and will bring a jump in his career.
- IIM-A PGPX – Ahmedabad
- ISB – Hyderabad
- IIM-B EPGP – Bangalore
- IIM-C PGPEX – Kolkata
- XLRI PGDM (General Management) – Jamshedpur
- P. Jain (General Management) – Mumbai
- IIM-L (IPMX) – Lucknow
- Great Lakes – Chennai
Check This Important Section
|MBA Colleges In Bangalore||MBA College in Chennai|
|MBA Colleges in Delhi||MBA Colleges In Hyderabad|
Why To Choose PGDM
The PGDM Course is for those people or candidates who wish to have a managerial role in a good company. This is a two year program and includes all the basics of management like economics, business analytics, stock markets, human behavior, entrepreneurship etc are some of the subjects.
Curriculum of PGDM is updated regularly depending on the need in Industry. PGDM is more practical in nature, so it will help you think practically and handle situations well. Efficient training is provided in an above average business school.
PGDM is industry oriented and focus is more in developing soft skills. PGDM can be pursued through regular education as well as distance education. Distance education is as good as regular education.
Check Here: List of MBA Entrance Exam
Top 10 PGDM Colleges In India
- Indian Institute of Management (IIM) Ahmedabad
- Indian Institute of Management (IIM) Bangalore
- Indian Institute of Management (IIM) Kolkata
- Faculty of Management Studies(FMS) New Delhi
- Indian Institute of Management (IIM) Lucknow
- Shailesh J Mehta School of Management Mumbai
- IIM Kozhikode
- Vinod Gupta School of Management Kharagpur
- XLRI (Xavier Labour Relations Institute School of Business and Human Resources) Jamshedpur
- Indian Institute of Management (IIM) Indore
Must Know: Top Distance Learning MBA Colleges in India
Making career decisions is a lifelong process. It is all about exploring and experiencing the world of work. It is also about understanding abilities, interests, skills, and values and combining these to create a meaningful framework for life. Whether you do MBA or PGDM, you will be entitled to the same benefits. Make sure you choose your college carefully.
Something That You Should Put an Eye On
|Top XAT MBA College List Rank Wise||Top CMAT Colleges for MBA in India|
|MBA Colleges Accepting CMAT Score||MBA Preparation Books List|
|MBA Fee Structure In India||MBA Distance Universities in India|
|Career Development Skills||Career Option after You Turned 20|