A Post-graduate Diploma in Management (PGDM) is a 1-3 year program that offers quality management-related knowledge so students can build successful careers. Across the globe, PGDM courses are gaining popularity due to many reasons. So, let’s find out these reasons and other details like top universities, PGDM specialisations, and more through this guide.
Key Highlights
- Benefits of studying a Post-graduate Diploma in Management
- What you must know about PGDM?
- Top universities offering PGDM courses
- PGDM specialisations
- Eligibility criteria for PGDM courses
- Career prospects
Benefits of pursuing a Post-graduate Diploma in Management
- The industry-centric curriculum enables students to gain in-depth knowledge about the latest market trends and makes them job-ready.
- Besides enhancing management knowledge, the course also improves students’ soft skills like leadership, communication, critical thinking, etc. The presence of both hard and soft skills shapes their personalities and increases employment potential.
- The career scope after PGDM is quite promising as PGDM graduates are in high demand in industries like banking & finance, IT, education, etc., around the world.
What you must know about PGDM?
PGDM, also known as Post-graduate Diploma in Business Management (PGDBM), is a professional course that focuses on providing practical management knowledge. This makes it an ideal course choice for career-starters and working professionals.
Unlike the MBA, where students get degrees post-completion of the course, a PGDM course offers diplomas. Autonomous B-schools approved by the All India Council for Technical Education (AICTE) offer PGDM courses, whereas University Grants Commission or UGC-approved institutions offer an MBA degree. This is the basic difference between MBA and PGDM. However, in terms of curriculum, pedagogy and course accreditation, both PGDM and MBA are master’s degree programs.
Top universities offering PGDM courses
Top universities offer PGDM courses in various specialisations, such as Post-graduate Diploma in Financial Management, Post-graduate Diploma in Hospital Management, etc. You can consider these popular colleges for pursuing PGDM:
- University of California, the USA
- Columbia University, the USA
- University of Cambridge, the UK
- University of Birmingham, the UK
- Melbourne Business School, Australia
- Humber College, Canada
- Algonquin College, Canada
- Indian Institute of Management (IIM) Calcutta, India
- Narsee Monjee Institute of Management Studies, India
- Management Development Institute (MDI) Gurgaon, India
PGDM Specialisations
Post-graduate Diploma in Hotel Management: It is an advanced professional degree that covers fundamental principles of the hospitality industry and unlocks innumerable career opportunities in reputed companies.
Post-graduate Diploma in Project Management: The course focuses on developing skills and providing the knowledge required for completing a project, such as project conceptualisation, initiation, planning, execution, and control successfully.
Post-graduate Diploma in Computer Science & Application: The program offers a sound understanding of computer applications for managing day-to-day business operations efficiently and makes students job-ready for IT & other industries.
Post-graduate Diploma in Human Resource Management: It is a two-year management program that equips students with the necessary skills and knowledge to manage human resources in an organisation.
Post-graduate Diploma in Business Analytics: The course is designed to train students in Business Analytics tools, practices, and techniques to conclude insightful information from structured data.
Eligibility criteria for PGDM courses
Aspirants seeking admission to PGDM courses need to meet the following eligibility requirements:
- A bachelor’s degree with a minimum of 50% from a recognised institute
- Statement of Purpose
- Letters of Recommendation
- Academic transcripts
- Work experience
- English proficiency tests such as the International English Language Testing System (IELTS) or Test of English as a Foreign Language (TOEFL)
- Entrance exams such as Graduate Record Examinations (GRE) or Graduate Management Admission Test (GMAT)
Kindly check the university-specific requirements before applying, as the eligibility criteria may vary from one university to another.
Career Prospects
PGDM graduates can unlock excellent job opportunities in companies like Tata Motors, Bosch, Wipro Infotech, Bharti Airtel, McKinsey & Company, Amazon, and Dell, to name a few. Some of the job positions offered to PGDM graduates are as follows:
- Finance Manager
- Administrative Officer
- Business Consultant
- Project Management Officer
- Strategic Manager
- Operation Manager
- International Sales Manager
Therefore, if you wish to grow both personally & professionally, studying a PGDM course from a reputed university is a great decision. If you are facing financial hiccups, Avanse Financial Services can help you with its customised loan for education. Our loans for students come with benefits like 100% finance, multiple repayment options, and quick sanctions. Contact us today to know about the education loan rate of interest, the application process, required documents, etc.
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