What exactly do you mean by PGDM?
The Post Graduate Diploma in Management (PGDM) is a two-year full-time programme.
It can help you secure a big position in your chosen field. After graduation, many students from various fields of study choose to pursue a PGDM in order to maximize the value of their degree for their future careers. It is the key to learning basic management practices and earning a diploma certificate, allowing you to move throughout the sector more regularly after completing the course. The PGDM has been modified to include courses that are more relevant to current industry demands. Thus, person with PGDM Certificate is likely to calibrate in job place and has a better understanding of the profession. Project management, information technology, finance, marketing, and many other specializations are available through PGDM.
PGDM OR MBA Which is Better of two? Are they Distinctive OR Correspond?
The basic real distinction between PGDM and MBA is that the former is practically a DIPLOMA, while the latter is a DEGREE.
MBA students must adhere to the exam schedule established by the university that oversees the MBA programmed. PGDM institutes are free to hold exams whenever they want; they are not bound by any schedule.
The MBA curriculum adheres to the requirements set forth by the university to which it is associated. The MBA institute has no say in the content or design of the curriculum. This is a significant disadvantage because MBA institutes do not have the option to update their curriculum without the authorization of the university. As a result, MBA curriculum is typically modified only once every 3-5 years, failing to keep pace with industry advances. Furthermore, the MBA curriculum offers a strong theoretical and intellectual focus, with an emphasis on practical principles.
PGDM institutes, on the other hand, have complete authority over how they choose to create their programme. They update it on a regular basis and realign it more frequently with industry expectations and market conditions in order to prepare individuals for jobs at any moment. Many PGDM colleges now provide specialist courses tailored to the needs of specific industries such as technology, telecommunications, agriculture, entrepreneurship, and so on. As a result, students have more options when it comes to specialization subjects. In addition to technical capabilities, PGDM institutes expose their students to case studies, presentations, internships, and cultural exchange programmes to assist them build soft skills.
COST AND FEES
The cost of an MBA programme is lower than that of a PGDM degree, making it more accessible to students. However, a huge majority of MBA colleges are unable to cover their expenses due to the cheap fees, resulting in substandard education, infrastructure, faculty, and other resources.
PGDM institutes, on the other hand, compensate for increased tuition by providing students with world-class education and amenities. It draws qualified faculty as a result of the higher compensation.
JOB OPPORTUNITIES IN PGDM
The ratio of PGDM institutes with campus placements is higher than that of MBA institutes. As a result of their extensive network of alumni, employers, and industry groups, PGDM colleges attract some of the most prestigious corporations for placements. During campus placements, the majority of students can find meaningful jobs. If not, students may be able to find better work outside of school placements.
COLLEGES IN INDORE FOR PGDM
There are many colleges in Indore for PGDM, MBA and other courses like digital marketing few of private colleges in Indore are as follows: –
- IMI (INDORE MANAGEMENT INSTITUTE AND RESARCH CENTRE)
- INDORE INDRA COLLEGEE
- PRESTIGE INSTITUTE OF MANAGEMENT
- ALTIUS INSTITUTE OF MANAGEMENT
A PGDM course is advantageous for a variety of reasons. When considering a post-graduate education in marketing management, it is perhaps the finest option.
BENEFITS OF PGDM OR REASONS TO PURSUE PGDM
• Certification: The Association of Indian Universities certifies PGDM courses, which are developed in collaboration with the All-India Council for Technical Education (AICTE) (AIU). These accreditations and affiliations lend a certain level of respect to PGDM programmes.
• Autonomy: PGDM programmes are self-supporting programmes run by management institutes. This allows business schools to choose their own subjects and educational materials. They can also give students with real-world, industry-relevant examples to help them learn.
• Practical Application: Students in PGDM programmes have the ability to go beyond the classroom and apply theoretical concepts in real-world situations.
CAREER OPPORTUNITIES AFTER PGDM
A Our post-PGDM job options are determined by the specialty you have chosen and finished. A PGDM programme allows students to specialize in one of many management activities, such as marketing, finance, human resources, retail, business analytics, information technology, logistics and supply chain management, and so on.
A PGDM degree, on the other hand, will provide you with sufficient knowledge and exposure to important parts of business management so that you can begin your career on a solid footing. During your campus placement, you are likely to receive a job offer from a company. At the end of most good business schools’ programmes, they organize campus placement events.
Depending on your specialty, you may be able to work in one of the following positions:
Manager of Sales and Marketing
Area/Zonal Sales Manager
Head/ Junior Manager Business Analyst
After PGDM, you can also have your own business or set up a start-up.