What is the difference between PGDM or MBA?

What is the difference between PGDM or MBA?

The first and basic difference between the two programs is that the MBA is a Degree program whereas a PGDM is a diploma program. An MBA program is offered by a government or private university or a college affiliated with a university.

Is Post Graduate Diploma in Management equivalent to MBA?

PGDM is a Diploma and is equivalent to MBA from any Indian University. Exams are conducted by affiliated University. PGDM institutions are authorized by AICTE to conduct the exams.

Which is better Post Graduate Diploma or MBA?

PGDM: Academic Differences. While an MBA course tends to be more theoretical, a PGDM focuses on the technical aspects, providing exposure to real-life business situations. Also, a PGDM is very different from a one-year PGP offered by many private institutes all across India.

Which is more valuable PGDM or MBA?

MBA is an old version for those wishing to pursue management studies, a two-year diploma course PGDM, Post Graduate Diploma in Management sounds better. Generally, the PGDM course is far more industry-relevant and practical as far as the job market is concerned.

Is Nmims PGDM equivalent to MBA?

NMIMS is one of the few institutes that were granted Graded Autonomy by UGC which means decisions related to exams, curriculum, academics, etc. are made by the authority itself and the institute’s affiliation to AIU makes the Post Graduate Diploma Program (PGDM) equivalent to an MBA degree.

Who earns more MBA or PGDM?

After comparing data for just these colleges, the average salary for an MBA degree comes out to be around INR 21.3 lacs, and that for PGDM is INR 12.96 lacs. When the average fees are compared, for an MBA college, it is about INR 16.5 lacs, and that for a PGDM course is INR 15.38 lacs.

Is Post Graduate Diploma equivalent to Masters?

What does a Post Graduate Diploma mean? Postgraduate diplomas and certificates are equivalent to master’s degrees in terms of level of study, but they are shorter and do not require a dissertation. That is to say, they are more advanced than bachelor’s degrees at the undergraduate level.

Do companies prefer MBA or PGDM?

PGDM courses follow an industry-oriented curriculum with a more practical approach while MBA is more theoretical in approach. PGDM courses are given preference over MBA by various employers within India and abroad, due to the practical insight PGDM courses offer.

Can I do MBA after PGDM?

A: As per the eligibility criteria of the MBA, candidates should have a bachelor’s degree from a recognised institute or university. Postgraduate candidates are also eligible to apply for MBA. Hence, if a candidate wants to pursue MBA after completing PGDM are eligible to do so.

Which stream is best in PGDM?

Here’s how you can choose from the top PGDM Specializations:

1. Marketing. This is one of the most popular PGDM programs, known for its high-paying jobs and creative and innovative skill-set requirements.
2. HR.
3. Finance.
4. Business Analytics.
5. Operations & Supply Chain Management.
6. International Business.
7. Retail.

What’s the difference between a MBA and a postgraduate diploma?

MBA students may be given the option of taking part in an international exchange program. One of the biggest differences between an MBA and a postgraduate diploma is that the postgraduate diploma does not include a dissertation or thesis. Instead, you are assessed by exams, assignments, coursework or a combination of all three.

What is Post Graduate Diploma in Business Management?

Post Graduate Diploma in Business Management or PGDBM is a 2- year professional postgraduate level diploma course in Business Management. The program successfully prepares candidates with advanced knowledge, skills, and competencies in the key functional areas of management and also opens career scope for them in many areas.

Which is more valuable between PGDM and MBA?

A: To put it in simple terms, MBA refers to a management degree issued by a University and PGDM refers to Post Graduate Diploma in Management offered by a private college or university, affiliated by AICTE. Apart from this, there is no major difference between MBA and PGDM. Q: Which is more valuable between MBA and PGDM?

Which is cheaper a Masters degree or a MBA?

MBA programmes are generally more expensive than postgraduate management degrees, with some costing in excess of £50,000. A postgraduate business management degree on the otherhand may cost less than £10,000, so financially, a masters programme is by far the cheaper option, making it a tempting alternative to an MBA.