The full form of PGDM Course is the Post Graduate Diploma in Management, a two-year programme for post-graduation run by top-notch business management institutes in India.
If you want to choose an alternative for MBA then go for a PGDM 2-year course that is often believed to be equal in the management field. The needs of the management industry can be fulfilled by a PGDM degree and can help students learn important skills. The new market trends and needs that vary every day can be covered by the PGDM syllabus.
A student must score at least 55% in their graduation to become eligible for the PGDM program. Entrance exams like CAT, MAT, CMAT, XAT, and SNAP should be opted for, if you want to be admitted to a PGDM program.
Students who are pursuing PGDM are mostly offered diplomas rather than degrees. The PGDM is taught by AICTE-approved institutes/universities. Whereas, colleges that are recognised by UGC provide MBA degrees.
After graduating from the PGDM students should apply for jobs, for the post of Public Relations Officer, Content Developer, Editor, etc. The average salary of a graduated student with a PGDM course ranges between INR 5 LPA to INR 15 LPA.
What is PGDM course?
PGDM course (PGDM course full form is a Post Graduate Diploma in Management) helps you with leadership skills, cognitive functioning, and critical reasoning abilities and shapes your persona through class lessons, skits, business trips, and personality development sessions.
The students who are planning to pursue a PGDM can see the drawn table below to know complete information about the PGDM course. It will provide you with an idea about the PGDM course.
PGDM Course Details
Full form of PGDM | Post Graduate Diploma in Management |
Eligibility of PGDM course | Should be graduated with a minimum of 55% |
Duration of PGDM | Two years |
Course Level | Post Graduation |
Eligible Exams | CAT, MAT, XAT, CMAT, SNAP etc. |
The average fee of PGDM | 3,00,000 – 15,00,000 |
Average Annual Package | 5,00,000 to 10,00,000 |
Job Profiles | HR Recruiters, Sales Managers, Public Relations Managers, Research Analysts, Business Consultants, Finance Managers, and Marketing Executives |
Top Recruiters | HDFC Bank, Dell, Myntra, Amazon, Lifestyle, Booz Allen Hamilton etc. |
PGDM is mostly related to the main working industry and is more of a practical course. PGDM syllabus is similar to that of an MBA, to provide management training to students. Through the PGDM course, a student can work in research and colleges/universities as professors and lecturers specialising in management.
Pros of Pursuing PGDM Course
The PGDM course is one of the most prestigious courses among college students. PGDM program is created by joining various disciplines to keep up with the industry’s evolving needs.
To learn leadership skills, cognitive functioning, and critical reasoning abilities, and shape your persona through class lessons, skits, business trips, and personality development sessions, a student must take a PGDM course.
Students pursuing a PGDM course will help them achieve success because of the below-mentioned points:
Personality Empowerment: The best thing in a PGDM course is that you get deep and detailed information and you can also modify it as per the market needs. It also develops their personality and prepares them to enter the industry.
High Chances in Networking: The PGDM degree generates upcoming leaders. In today’s generation, many firms provide multiple training programmes for their employees to make them look more professional.
High Salary: The PGDM course can change the careers of newbies and can provide placement with a very high salary because this course is in demand.
Career Options: The scope of PGDM students is very good as this course enables them to get placed in multiple fields and find a good job with top-notch multinational companies.
Build Leadership Skills: The syllabus of the PGDM program is prepared by industry professionals to make future leaders according to the current market requirements.
Syllabus of PGDM Course
The PGDM course can be categorised into 4 semesters. This course is according to the needs and rules of Industry which helps the student to get a high-value job. The theory and core subjects mostly come under the first-semester and second-semester deals. There is a mandatory internship during the course so that students can deal with the upcoming challenges and requirements.
The PGDM course consists of two parts in which one set covers all the basics in management and one set of elective courses that focuses on increasing job-specific skills and knowledge.
SEMESTER 1 | Management Functions & Behaviour, Human Resource Management, Economic and Social Environment, Introduction to Information Technology |
SEMESTER 2 | Operations Management, Managerial Economics, Marketing Management, Quantitative Techniques for Managers, Strategic Management |
SEMESTER 3 | Marketing Management, Financial Management, International Business, Human Resource Studies, Operations Management, Information Systems, Insurance Management |
SEMESTER 4 | Management Information Systems, International Business, Business Law & Corporate Governance, Project Work, Research Methodology |
Eligibility Criteria for the PGDM Course
Students who want to choose the PGDM course should always check the eligibility criteria. The PGDM eligibility criteria may vary from college to college. Students are always recommended to remain up to date with the official website of the institute to stay aware of the PGDM course eligibility criteria.
- If you want to choose a PGDM course as your career option then you must do your graduation from a reputed university/institute.
- You must score at least 55% marks in total in your Bachelor’s degree.
- Applicants must get a good score in the MBA entrance test held to shortlist students. However, some institutes give direct admission to PGDM courses based on their marks in the qualifying exam
PGDM Admissions and Fees 2024
Entrance tests offered by multiple national universities and institutes are the only way to gain admission to PGDM. After scoring well in these exams, the student has to give another 2-3 rounds of interviews, tests, and group discussions. The main decision about admission is taken after the final round only.
- The eligibility criteria for the PGDM course is to score 50% in a Bachelor’s degree from a recognized university.
- PGDM Entrance Exams are CAT, MAT, XAT, SNAP, CMAT,
- PGDM colleges with applications open are AIIM (Gujarat), Amity University, and FMS Delhi.
- PGDM is a professional and practical degree course of 2 years in the management field, which is held by top colleges such as IIM, IIT, and FMS (Delhi).
- The PGDM Course fees for admission are between INR 1 Lakh to INR 20 Lakhs
List of Top Government Colleges for PGDM
Government college name | Average fees |
IIM Indore | 22 to 35 lPA |
IIT Kanpur | 3 to 13 LPA |
IIM Kozhikode | 12 to 20 LPA |
IIM Kolkata | 23 to 25 LPA |
IIM Rohtak | 10 to 33 LPA |
IIM Ranchi | 14 to 16 LPA |
IIM Lucknow | 10 to 12 LPA |
IIM Ahmedabad | 12 to 25 LPA |
IIT Delhi | 11 LPA |
IIM Bengaluru | 13 to 25 LPA |
List of Top Private Colleges for PGDM
College Names | Total Fees (in INR) |
XLRI, Jamshedpur | 35K to 27 LPA |
MDI Gurgaon | 10 to 25 LPA |
SP Jain (SPJIMR), Mumbai | 10 to 22 LPA |
International Management Institute, New Delhi | 17 to 20 LPA |
Great Lakes Institute of Management | 13 to 17 LPA |
Symbiosis Institute of Business Management, Pune | 16 to 22 LPA |
NMIMS, Mumbai | 6.5 to 25 LPA |
Amity University, Noida | 5 to 25 LPA |
LPU, Jalandhar | 1 to 9 LPA |
Chandigarh University, Chandigarh | 4K to 7 LPA |
Jobs Profiles after the PGDM Course
After getting the degree of PGDM course, a student can search for various employment opportunities in both the public and private industry and the average salary they can get is around INR 5 to 10 LPA. Students can delve into research and can also join academics as professors or teachers.
Job Profiles with Salary Structure
Drawn table below demonstrates some of the PGDM Jobs for beginners and experts with multiple years of experience with salary details:
Job Profiles | Average Package (INR) |
Business Consultant | 9.86 LPA |
Marketing Manager | 7.5 LPA |
Health Resource Manager | 7.5 LPA |
Public Relations Officer | 3.01 LPA |
Finance Manager | 10 LPA |
Strategic Manager | 11 LPA |
Brand Manager | 11 LPA |
International Sales Manager | 10.8 LPA |
Get a handsome package after a PGDM Program
Want to get a high-paying package after pursuing a PGDM Course? Read our article “Cracking the Campus Placements: Strategies for Landing Your Dream Job from DU”
FAQs
Q1. What is the full form of PGDM?
The full form of PGDM is Post Graduate Diploma in Management. This comprehensive 2-year course equips students with essential management skills and knowledge necessary for thriving in today’s dynamic business environment.
Q2. Which is a better course to opt for – PGDM or MBA?
Both PGDM and MBA are esteemed postgraduate courses in the management domain. While both offer valuable insights into the world of business, PGDM is often favoured for its practical approach, tailored curriculum, and adaptability to industry demands. Additionally, the fee structure may vary between the two, with PGDM being offered by autonomous institutions and MBA by universities.
Q3. What are the eligibility criteria for a PGDM course?
To pursue a PGDM course, candidates typically need to meet certain eligibility criteria. A minimum of 50% in a Bachelor’s degree from a recognized college or university is generally required. Additionally, candidates must qualify for entrance exams such as CAT, MAT, XAT, SNAP, or CMAT, depending on the institution’s requirements. It’s advisable to stay updated with the official website of the institute for specific eligibility criteria.
Q4. How does PGDM differ from an MBA in terms of curriculum and focus?
PGDM and MBAs share similarities as postgraduate management courses, but they often differ in curriculum and focus. PGDM programs are known for their industry-aligned syllabi, practical approach, and flexibility in adapting to emerging business trends. On the other hand, MBA programs may have a more standardised curriculum and a stronger academic focus. Choosing between the two depends on individual career goals and preferences.