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Difference between MBA Vs PGDM - Which is Better?

Akansha Sirohi
Akansha SirohiUpdated On: July 13, 2022 10:37 am IST

Know the difference between MBA course and PGDM course in detail here and shortlist your dream and top MBA colleges in India according to your requirements.

MBA Vs PGDM

The MBA admission season for 2022  has commenced and top b-schools in India have started releasing their PGP admission notifications. Registrations for MBA admission 2022 seasons have begun already and CAT applications will be started soon. CAT 2021 results were announced on January 3, 2022.

Candidates aspiring for MBA admissions in 2022 must already be gearing up to prepare for some of the popular management exams such as Common Admission Test (CAT), IIFT, Xavier Aptitude Test (XAT), NMAT by GMAC, and Symbiosis National Aptitude Test (SNAP). Aspirants are looking for relevant MBA courses and MBA colleges in India or the PGDM colleges in India which they can consider for admission.

This is an apt time to figure out the type of MBA course and the MBA colleges in India where you should apply. Before preparing your college list, you must know the difference between the Master of Business Administration (MBA) course and the Post Graduate Diploma Programme (PGDM) course.

Table of Contents
  1. Difference Between MBA and PGDM
  2. Colleges for MBA vs Colleges for PGDM
  3. Admission to MBA vs PGDM Colleges

What is the difference between MBA and PGDM, which one of them is better, and what curriculum differences are there between the two – these are some of the questions that MBA aspirants seek answers for. 

Difference Between MBA and PGDM

Check the table below for an in-depth comparison of MBA and PGDM courses including their focus area, curriculum, and many other details.

Course

MBAPGDM
Institute Type
  • An autonomous institute (for example, IIMs, XLRI, NMIMS, MDI, etc.) offering business programs will always offer Post Graduate Diploma Programme i.e. PGDM course as it is a free body and is not affiliated to any university.
Body of Accreditation
  • MBA courses are accredited by the university to which the college providing the course is affiliated.
  • PGDM courses are approved and recognized by AICTE (All India Council for Technical Education).
Duration of Course
  • MBA courses provided by universities are 2-year-long courses.
  • PGDM courses can be either 1-year long or 2-year long depending on the type of program.
  • For a PGDM course to be equivalent to an MBA, it has to be a 2-year long course.
Curriculum
  • MBA course norms are dependent on the university and the curriculum is not frequently revised as colleges cannot introduce changes without the consent of the university.
  • PGDM courses are quite flexible as they are provided by autonomous institutes that can introduce elemental changes in the curriculum of the program to make education more effective.
  • PGDM courses are more frequently updated than MBA courses.

Syllabus

Check:Syllabus of MBA vs Syllabus of PGDM
The focus of the Course
  • An MBA course focuses on developing the business and technical knowledge of a student.
  • Here student develops theoretical concepts that are essential in the business world.
  • PGDM course focuses on preparing the students for real-life situations so that they can come up with feasible solutions.
  • Also, PGDM aims to make the student industry-ready and adaptable for the working environment.
Fee Structure
  • MBA is a more affordable program and requires considerably less amount of funds as the fee is set according to the university standards.
  • PGDM programs are quite expensive and the cost can vary between 6 and 20 lakhs.

These are the differences between MBA and PGDM courses. It is very important to understand the different aspects of both types of courses before you opt for either of the two. Also, make sure that you read the college and program details carefully before applying. 

Colleges for MBA vs Colleges for PGDM

Given in the table below is a list of MBA colleges vs a list of PGDM colleges.

MBA Colleges in IndiaPGDM Colleges in India

Admission to MBA vs PGDM Colleges

While there may be quite a few differences between MBA and PGDM courses, the admission process to both largely remains the same. Candidates have to appear for a management entrance exam and then go through the GD/PI round of the respective colleges for final selection. The exams accepted for admission to MBA and PGDM colleges are also the same or similar.

Candidates who are interested in taking admission to MBA or PGDM colleges must fill up the application form of the respective college. CollegeDekho has made the application process easier and more convenient for the students through the Common Application Form (CAF). By filling the CAF once, a candidate can apply to the top MBA and PGDM colleges of the country from a single platform. In case any student faces an issue, they can contact our helpline number 18005729877 and talk to a student counselor.

MBA vs PGDM- What To Choose

We have provided all the major differences between both these programs in this article. You can read the differences between them before choosing one. Some of the important factors that you can consider while choosing between PGDM and MBA are fee structure and curriculum. The curriculum of the PGDM is more focused on practical knowledge while the major percentage of the curriculum of MBA includes theoretical concepts of management. 

While preparing for CAT and other such MBA entrance exams, you must ensure that you put in the best of your efforts to secure a good score in the exam. The entrance exam score is important but is not the sole criteria for admissions to top MBA or PGDM colleges of the country. The management institutes usually conduct further screening through GD (Group Discussion), PI (Personal Interview), and WAT (Written Ability Test) rounds in which the shortlisted candidates should perform well to save a spot in the respective MBA/PGDM college. Learn more about the topics and tips for the GD, PI, and WAT rounds here. Given below are some more related articles on MBA admissions in India.

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How To Write SOP for MBA Admissions

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Tips to Prepare for MBA Entrance Exams: Exam Pattern, Syllabus, Best Books

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FAQs

What is the difference between the selection process of MBA and PGDM?

The selection process of MBA and PGDM generally remains the same i.e students are selected on the basis of their performance in group discussion, entrance exam and personal interview.

What exams are conducted for admission to the MBA and PGDM courses?

Some of the exams conducted for MBA and PGDM admission are CAT, MAT, XAT and CMAT

What are some of the good colleges for MBA in India?

Some of the good MBA colleges in India are GIET University, Gunupur, GIBS Business School, Bangalore and Invertis University, Bareilly

What is the duration of PGDM and MBA?

The duration of both the programs is 2 years

What is the difference between the fee of MBA and PGDM?

The fee of MBA program ranges from INR 20,000 to INR 23 lakh per annum while the fee of PGDM ranges from INR 6 lakh to INR 25 lakh per annum

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