PGDM Course

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Feb 28, 2024 09:23AM IST

What is PGDM Course?

PGDM full form is Post Graduate Diploma in Management. It is a two-year Business Management course that can be pursued in full-time, part-time, online, or distance learning mode. It offers knowledge of various aspects of Business Management and Administration and imparts skills to manage various functions within a company. Students who are interested in making a career in Management or wish to start their own business can opt for a PGDM course. PGDM subjects include Financial Accounting, Managerial Economics, Marketing Management, Managerial Accounting, Strategic Management, Business Analytics, Business Ethics, Business Law, and more.

The PGDM admissions process and fees vary in different colleges. Many top colleges need scores of entrance exams like CAT, GMAT, CMAT, ATMA, XAT, MAT, and NMAT for admissions, whereas some offer PGDM admission based on a 10+2 merit-based system. XLRI Jamshedpur, SPJIMR Mumbai, NMIMS Mumbai, MDI Gurgaon, and SIBM Pune are some of the top colleges in India. The PGDM course fee ranges from INR 1 lakh to 20 lakh. PGDM caters to industry requirements and helps management aspirants develop relevant skills to transform into industry-ready professionals. The course adds value beyond the regular MBA curriculum and is industry-oriented, unlike MBA, which is more theoretical.

A PGDM course focuses more on grooming programs, mentorship, and industry exposure. Also, the placement services are more rigorous with this program. Hence, pursuing a PGDM from a recognized institute is usually a great option. The graduates can find various PGDM jobs, including Marketing Manager, Operations Manager, Human Resources Manager, Finance Manager, Business Analyst, and more. Depending on the job profile and area of specialization, one can get an average PGDM salary between INR 4 lakhs to 10 lakhs per year. If you are interested in pursuing a PGDM course, read below for complete details so that you can make an informed decision!

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PGDM Latest Updates

  • MAT 2024 registration for February session CBT and IBT 3 is available until March 5, 2024. The February 2024 session for MAT has begun on February 24, 2024.
  • KMAT Kerala 2024 Session 1 exam is to be conducted on March 3, 2024. Students appearing for the exam can download the KMAT Kerala admit card 2024 available on the official website (cee.kerala.gov.in).
  • MAH MBA CET 2024 admit card will most likely be released in the last week of February 2024. The exam will be conducted on March 9 & 10 in online mode by the Common Entrance Test Cell Maharashtra.
  • CMAT 2024 registration will begin soon, most likely in the last week of February 2024. NTA will announce the exam date along with the release of the application form on the official website at cmat.nta.nic.in.
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PGDM Course Highlights

Check out the top highlights of the PGDM course provided below.

ParticularsDetails
PGDM Full-FormPost Graduate Diploma in Management
PGDM Course LevelPostgraduate
PGDM Course Duration2 Years
PGDM Examination TypeSemester/ Trimester System
PGDM Course TypesFull-time, Part-time, Online, Distance Learning
PGDM Course EligibilityBachelor’s degree in any stream
PGDM Course Admission ProcessDirect admission or based on the entrance examination
PGDM Entrance ExaminationCAT, MAT, GMAT, CMAT, XAT, NMAT by GMAC, ATMA, etc.
PGDM Top CollegesASM IBMR Pune, XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, IISWBM Kolkata, etc.
PGDM Course Average FeeINR 1-20 LPA
PGDM Average Annual SalaryINR 4-10 LPA
PGDM Job PositionsMarketing Manager, Sales Manager, Finance Manager, Account Manager, Advertising Manager, Supply Chain Manager, Human Resource Manager, etc.
PGDM Top RecruitersMcKinsey & Company, The Boston Consulting Group, Bain & Company, Deloitte Consulting, Booz Allen Hamilton, PricewaterhouseCoopers Advisory Services LLC, EY LLP Consulting Practice, Accenture, etc.
PGDM Course Highlights
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Why Choose a PGDM Course?

Pursuing a PGDM can be a transformative experience. It challenges you intellectually, exposes you to new ideas, and helps you develop as a management professional and as an individual. If you are looking for some strong reasons to go for a PGDM course, then check out the points below.

  • PGDM courses are designed to equip students with a diverse set of skills necessary for effective management. These skills include leadership, communication, problem-solving, decision-making, and analytical skills.
  • Many PGDM courses offer various specializations, allowing students to focus on a specific area of business that aligns with their interests and career goals. Popular specializations include marketing, finance, human resources, operations, and international business.
  • PGDM courses are regularly updated to reflect the latest trends and developments in the business world. This ensures that students learn relevant skills and knowledge that can be applied in real-world situations.
  • Business schools often provide a platform for students to network with industry professionals, alumni, and fellow students. Building a strong professional network can open doors to new opportunities, partnerships, and collaborations.
  • Many PGDM courses incorporate practical components like internships, industry projects, and case studies. This hands-on experience helps bridge the gap between theoretical knowledge and practical application.
  • With businesses operating in a globalized world, PGDM courses often offer an international perspective. This may include opportunities for international internships, exchange courses, or modules focused on global business practices.
  • If you're interested in starting your own business, PGDM courses can provide you with the knowledge and skills needed to plan, launch, and manage a successful venture.
  • Pursuing a PGDM can enhance your career prospects and open doors to higher-level positions in organizations. It can also make you more competitive in the job market. Graduates with a PGDM tend to have higher earning potential compared to those with only an undergraduate degree. The specialized knowledge and skills gained in a PGDM course can get you higher salaries.
Why Choose a PGDM Degree?
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Who Should Do PGDM Course?

Wondering who should do PGDM course? Check out the below pointers and know if you are one of them.

  • Students who wish to develop leadership skills, improve their decision-making skills, critical reasoning skills, and form their personalities through classroom lectures, role plays, guest lectures, business trips, and personality development programs must pursue a PGDM course.
  • Individuals who wish to study interdisciplinary courses must opt for a PGDM course. This course was developed by combining different disciplines such as economics, management, and accounting. Since today's students need a broad range of experience, the PGDM course equips students with the skills they need to compete in the global marketplace.
  • Those interested in internship programs and live project opportunities must pursue a PGDM course to get to work on real-life business problems under the mentorship of experienced industry professionals, understand business processes, and apply and implement management concepts and models.
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What is an Online PGDM Course?

An online PGDM course is an excellent option for students who want to pursue a management program while balancing other commitments. The flexibility, accessibility, and quality of the program make it a popular choice among students and working professionals alike. It is designed to equip students with the knowledge and skills necessary for leadership roles in the corporate world. The PGDM online course can be accessed from anywhere with an internet connection, giving students the freedom to study at their own pace and convenience.

The online PGDM course materials, discussion forums, and assignments are all available online, enabling students to balance their studies with other commitments such as work or family. It is essential to choose an Online PGDM program offered by a recognized and accredited institution to ensure that the degree holds value in the job market. The accreditation is an indicator of the program's quality, and it ensures that the program meets the industry standards and requirements. It is also important to research the PGDM conline curriculum, faculty, and alumni network to assess its relevance and effectiveness in achieving your career goals.

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What is the Difference Between PGDM Vs MBA?

When it comes to postgraduate management programs, students have various options to choose which sometimes becomes confusing. That's why we have provided a quick comparison of PGDM, MBA, and PGDBA. Check out the key differences between MBA and PGDM discussed in the table below.

Point of DifferencePGDMMBA
TypePostgraduate diploma awarded by autonomous institutes or business schools.Master's degree conferred by universities or affiliated colleges.
AutonomyAutonomous and have more freedom in designing their courses and academic structure.Governed by universities and adhere to their regulations
Curriculum FlexibilityMore flexibility in designing their curriculum.Limited flexibility in terms of course offerings.
FocusSpecialized or niche areas of study, such as marketing, finance, or entrepreneurship.Broader focus on management principles and theory
Duration1-2 Years2 Years
Admission CriteriaEntrance Exam + MeritEntrance Exam + Merit
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What is the Difference Between PGDM vs PGDBA?

The key differences between Post Graduate Diploma in Business Analytics (PGDBA) and Post Graduate Diploma in Management (PGDM) have been tabulated below:

Point of DifferencePGDBAPGDM
Course Content PGDBA is more inclined towards topics like statistics, machine learning, algorithms, and coding, followed by the application of different techniques and models in different areas of management. To elaborate further, you will be studying marketing, finance, supply chain, and operations but from the analytics perspective. In PGDBA, you will find answers to questions like what are the different analytics techniques that are used in these areas, or how you can make sense of data that is being generated in these fields.In PGDM, the focus will be mainly on applying marketing or finance concepts in the business world to drive sales or improve portfolio yield.
PedagogyIn PGDBA, the focus is to do as many data-intensive projects as possible. There could be a few theoretical subjects, but in most of the subjects, depending on the electives you choose, you will be required to do a project, either individual or group-based.In PGDM, the case-based approach is the most preferred approach.
Industry OpportunitiesThe most common job roles that you may get after completing a course in PGDBA are those of Data Scientist and Business Analyst.Students of PGDM are offered work profiles like Management Consultant, or the ones that include core marketing.
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Types of PGDM Courses

Check out the different types of PGDM courses available to specific sections of students or working professionals:

Type of PGDM CourseDurationEligibility Criteria
Full-time PGDM Course2 Years
  • Bachelor’s Degree with 50% marks (60% for IIMs).
  • 5% relaxation for reserved categories.
  • Valid scores in national-level MBA exams like CAT, XAT, GMAT, SNAP, NMAT, CMAT
Part-time PGDM Course2-3 Years
  • Graduation with a minimum of 50%
  • Valid scores in entrance exams such as CAT, MAT, XAT, GMAT, CMAT, SNAP, ATMA, NMAT, and EMAT among others
  • Performance in group discussion/personal interviews
Distance PGDM Course2-5 Years
  • Bachelor’s degree with a minimum aggregate score of 50%
  • Valid scores in entrance tests like OPENMAT, XAT, MAH CET, CAT 
Executive PGDM Course15 Months
  • 50% marks in graduation
  • Minimum 3 years of full-time experience
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PGDM Course Eligibility Criteria

Participants for the PGDM course may be from any discipline such as Engineering, Humanities, Commerce, Economics, Medicine, or any other branch of education. Fresh graduates, as well as candidates with relevant work experience, are welcome to apply. The eligibility criteria for PGDM courses slightly vary in different institutes, keeping the main requirements the same:

  • To be eligible for admission to the PGDM course, the participants must possess a Bachelor’s degree or equivalent, with a minimum of 50% aggregate marks or equivalent in any discipline, recognized by the Association of Indian Universities (AIU) for admission to postgraduate programs. 
  • At premier universities such as IIM, a minimum of 60% or 6.5 CGPA on a scale of 10 should have been achieved at the graduation level. 
  • There is no set age limit for taking the PGDM course.
  • The bachelor’s degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education after completing higher secondary schooling under the 10+2 system or equivalent. 
  • The applicants to the PGDM course are selected based on past academic performance in 10th, 12th, and graduation; CAT/XAT/GMAT/CMAT score; written test; essay writing; group discussion; extempore, and personal interview. Appropriate weightage is given to the work experience of PGDM course applicants.

Skills Required for PGDM Course

  • Cross-Cultural Competency: Respecting cultural differences and working with these differences is the key to opening up opportunities in a global economy. If a candidate possesses knowledge of foreign languages and an orientation toward working across national boundaries, it can be a major advantage in business.
  • Communication skills: An individual must possess excellent verbal and written communication skills and the ability to convince others. 
  • Problem-solving skills: To possess a managerial role in marketing, candidates need to develop the skills of analyzing certain situations, applying proper logical thinking, breaking any complex problem into simpler parts, and then providing solutions for them.
  • Teamwork: Possessing teamwork skills is mandatory to excel as a manager because while working for greater interests, it is important that all have to cast their differences aside and work together to achieve good results. 
  • Leadership skills: Candidates must be equipped with strong leadership skills. Individuals with great leadership skills empower teams to achieve their full potential, make decisions, and strategize well to help organizations thrive.
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PGDM Entrance Exams in India

Following are the various national and state-level entrance exams candidates need to appear for to get admission into the PGDM course.

National-Level Entrance Exams for PGDM Course

Entrance ExamApplication DatesExam Date
CAT 2024August to September 2024November 24, 2024 (Expected)
CMAT 2024February 2024April/ May 2024
XAT 2024July 15 to December 10, 2023January 7, 2024
SNAP 2023August 23 to November 23, 2023
  • SNAP-1: December 10, 2023
  • SNAP-2: December 17, 2023
  • SNAP-3: December 22, 2023
NMAT by GMAC 2023August 1 to October 12, 2023October 10 to December 19, 2023

Common Admission Test

CAT is a qualifying exam for admission to MBA, PGDM, and other PG-level management courses in India. The eligibility for taking the CAT exam is 50% marks in graduation, for reserved categories the qualifying marks are relaxed up to 5%. The test consists of three sections: Verbal Ability and Reading Comprehension (VARC), Data Interpretation and Logical Reasoning (DILR), and Quantitative Ability (QA). The exam is taken online for three hours, with one hour per section.

NMAT by GMAC

NMAT by GMAC is a national-level entrance test conducted for MBA/PGDM admissions at NMIMS University and other reputed B-schools in India as well as abroad. It is a computer-based exam and has three sections - Language Skills, Quantitative Skills, and Logical Reasoning. NMAT 2022 exam scores will be accepted by some of the top MBA colleges in India for MBA admission 2023-25 batch like NMIMS Mumbai; SPJIMR Mumbai (PGMPW); ISB (Certificate programme); VIT Vellore; K J Somaiya Mumbai; XIM Bhubaneswar and many other MBA colleges in India.

Xavier Aptitude Test

XAT is a national-level aptitude test conducted by XLRI Jamshedpur for admission in MBA/PGDM programs in XLRI and other top MBA colleges like XIMB, IMT Ghaziabad, TAPMI Manipal, etc. The exam duration is 3 hours. The syllabus encompasses Verbal and Logical Ability, General Knowledge, Decision Making, and Quantitative Ability & Data Interpretation.

Symbiosis National Aptitude Test

SNAP Test is a common aptitude test conducted by Symbiosis International (Deemed) University for admission to the MBA/PGDM programs. The exam is conducted once a year. The duration of the exam is 60 minutes or 1 hour.

State-Level Entrance Exams for PGDM Course

Entrance ExamState
TANCET ExamTamil  Nadu
MAH MBA CETMaharashtra
Karnataka PGCETKarnataka
KMAT KeralaKerala
AP ICET Andhra Pradesh
HPCET ExamHimachal Pradesh
PU CET ExamPunjab
TS ICETTelangana
UP CETUttar Pradesh

Best Books for PGDM Entrance Exam Preparation

Name of the BookAuthor(s)
Verbal Ability and Reading Comprehension for CATArun Sharma and Meenakshi Upadhyay
Word Power Made EasyNorman Lewis
High School English Grammar and CompositionWren and Martin
Quantitative Aptitude for Competitive ExaminationsR.S. Aggarwal
How to Prepare for Quantitative Aptitude for CATArun Sharma
Logical Reasoning and Data Interpretation for the CATNishit K. Sinha
Data Interpretation for the CATTrishna Knowledge Systems
Quantitative Aptitude for CATNishit K. Sinha
How to Prepare for Data Interpretation for CATArun Sharma
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List of Popular PGDM Specializations

A PGDM course is available in various specializations that candidates can choose as per their interest. Check out some of the popular PGDM specializations provided below.

PGDM in Marketing

You may learn about consumer behaviours as well as the Hows and Whys of the market through a sales and marketing course. The Sales and Marketing curriculum is created to ensure that students fully understand the idea of marketing, enabling them to manage real-time commercial operations in the future while making rapid and effective choices. The average annual salary in this domain ranges from INR 4,80,000 to INR 4,00,000. 

PGDM in Supply Chain Management

This post-graduate management program covers topics like Marketing Management, Production Management, Principles of Logistics, Managerial Economics, Shipping and Maritime Law, and many more. MBA in Supply Chain Management offers an annual compensation between Rs. 12-13 lakh per annum. The average annual salary starts from Rs. 7,00,000.

PGDM in Business Analytics

QU (Quality Analysis) is considered an important part of any business. Business Analytics specialization trains the candidates in the fields of business analysis practices, tools, and techniques to deliver relevant insights from the data collected, extracted, and analyzed. The average salary of PGDM Business Analytics ranges between INR 5- 12 lakh per annum.

PGDM in Entrepreneurship

Creating, designing, and operating a new company that sells or hires a process or service is the core of entrepreneurship. It is a 2-year, full-time Diploma program designed to provide an in-depth understanding of enterprise creation, enterprise growth, and management, encouraging participants' thinking, ambitions, and applied learning experiences. The average annual salary stands at INR 5.8 LPA.

PGDM in Information Technology

Our lives now revolve around information technology, whether it is for managing banking or ordering meals to be delivered to our homes. This field is now one of the most popular sectors in education and employment due to the increasing need for learning and further innovation brought on by the reliance on information technology. PGDM course teaches students how to assess, handle, and resolve management and technical problems. The average annual salary ranges from INR 2,80,000 to INR 18,00,000. 

PGDM in Banking and Finance

PGDM in Finance is a course designed for qualified candidates to broaden their knowledge of financial management topics such as working capital management, international finance, and merger acquisition, among others. The course trains eligible students to become experts in the subjects of finance and financial management. The banking, finance, and insurance industries provide a wide range of job opportunities, from management and consulting roles in the public sector and international organizations to independent work as a Chartered Accountant, Company Secretary, Finance Consultant, and Entrepreneur. The average annual salary is as high as INR 15 LPA.

PGDM in Human Resource Management

Along with serving as a point of contact between staff and management, the HR department is in charge of several aspects of hiring and onboarding new employees. Because they use their skills to find the finest candidates for a firm, human resources professionals are in great demand. A career in human resources may lead to a range of lucrative employment opportunities because the area is increasing quickly. It is a two-year postgraduate course designed to provide eligibility, suitability, and competent HR professionals with sufficient knowledge of business in all industrial sectors. This course includes subjects like Strategic Management, Managerial Economics, Employee Legislation, Performance Management, etc. The average annual salary ranges from INR 2-15 LPA. 

PGDM in International Business

It is a specialized course that offers knowledge of global trade and business practices, the chance to learn about the business ethics of other countries and the norms of cross-border import and export. PGDM graduates are in high demand for management roles in organizations engaged in international trade or for their expertise in consultancies that aid companies in growing to serve foreign markets. The average annual pay might reach INR 12,00,000.

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PGDM Admission Process in India

PGDM admission process typically involves the same stages across most management institutes. Below are the steps that every PGDM candidate must follow to gain admission into a PGDM program:

  • Apply for Entrance Exams: The first step is to apply for the PGDM entrance exams that are accepted by the colleges you are interested in. Ensure that you meet all the requirements of the entrance exam.
  • Qualify for Entrance Exams: If you qualify for the entrance exam and meet the minimum cutoff, you will be called for the selection rounds. You need to register to participate in the counselling and fulfil all the requirements.
  • Participate in Counselling: Based on the entrance exam scores, candidates are shortlisted and invited for Group Discussions, Written Ability Test, or Personal Interview rounds. PGDM colleges that offer direct admissions to PGDM, on a merit basis, also conduct personal interview rounds.
  • Appear in the Merit List: After evaluating candidates based on entrance exam scores, GD/PI performance, academic performance, and work experience (if any), the final list of selected students will be announced.
  • Report to the College: Those who have been allocated a seat in the PGDM college will be required to report (offline or online) and pay the admission fees. Classes will commence thereafter.
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Direct PGDM Admission Process Without Entrance Exam

Many universities offer direct PGDM admission to students without requiring the entrance exam scores. To apply for admission, candidates must submit their applications to the colleges or universities based on their preference and interest. This means that the earlier a student applies, the greater their chances of securing a seat in their desired program. 

However, it is important to note that certain eligibility criteria must be met to be considered for admission. For instance, students should have scored at least 50% in their graduation from any discipline. Additionally, candidates who possess some work experience between 1-3 years will be given preference over those who do not have any work experience.

Furthermore, students can also opt for admission through the management quota or Institute level quota seats into private MBA colleges. To be eligible for this, students must have a minimum aggregate of 50% marks in their graduation. Individuals who are interested in pursuing an MBA program should keep these admission requirements in mind and plan accordingly to increase their chances of securing a seat in their desired college or university.

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PGDM Course Fees

PGDM course fees range from INR 95,000 to INR 15,00,000 in India. The most renowned colleges in India offering PGDM along with their course fees and NIRF rankings have been tabulated below:

Name of the InstituteAverage Annual Fees (in INR)
IIMs14,,00,000 to 27,00,000
National Institute of Industrial Engineering (NITIE)9,40,000
SP Jain Institute of Management and Research5,85,000
Indian Institute of Management13,84,000
Great Lakes Institute of Management11,91,000
Narsee Monjee Institute of Management Studies (NMIMS)95,200
T.A. Pai Management Institute14,00,000
International Management Institute7,70,000
P.S.G. College of Technology82,000
Loyola Institute of Business Administration (LIBA)15,26,000
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PGDM Course Syllabus

The PGDM syllabus has undergone significant change as the needs and demands of the industry have evolved over time. The PGDM syllabus must stay up with the most recent advancements in the business world; otherwise, candidates will not be able to manage the dynamic nature of a company and carry out their managerial obligations. Given below is the semester-wise syllabus for PGDM:

Core Subjects in PGDM

Trimester ITrimester IITrimester IIITrimester IVTrimester VTrimester VI
  • Effective Managerial Communication
  • Design Thinking
  • Financial Accounting
  • Information Systems Management for Business
  • Managerial Economics
  • Marketing Management-I
  • Organizational Behavior
  • Statistics For Business Analysis
  • Leadership Experience and Attitude Development I
  • Applied Communication
  • Human Resource Management
  • Macroeconomics
  • Managerial Accounting
  • Marketing Management II
  • Operations Management
  • Research Methodology/ Marketing Research
  • Enterprise Lab and Business Models I
  • Leadership Experience and Attitude Development II
  • Corporate Finance
  • Business Law
  • Global Business Environment
  • Strategic Management
  • Cost and Management Accounting
  • Financial Management
  • Business Analytics
  • Virtual Business - Small Business
  • Corporate Tax
  • Optimization Business Model for Decision Making
  • Happiness at Workplace
  • Responsible Business
  • Capstone Business Simulation
  • Understanding Emerging markets
  • Legal Aspect of Business
  • Innovating for Business
  • Mandarin / Language Lab
  • Business Ethics
  • Boardroom simulation
Dual Specialization - Functional Specialization & Business Vertical Specialization

Elective Subjects in PGDM

List of ElectivesSyllabus
Marketing
  • Retailing Management
  • Brand Management
  • Customer Relationship Management
Finance
  • International Finance
  • Corporate Financial Strategy
  • Options, Futures, and Derivatives
Operations
  • Data Visualization and Analytics
  • Strategic Sourcing and Corporate Quality
  • Logistics and Supply Chain Management
OB/HR/Strategy
  • International Business Strategy
  • Management Consulting
  • New Venture Planning
AIMLA
  • Financial Risk Analytics
  • Supply Chain Analytics
  • Data Visualisation and BI: Tableau, Power BI
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Top Private PGDM Colleges in India

The most renowned private colleges in India offering PGDM along with their NIRF Ranking 2023 and course fees have been tabulated below.

Name of the InstituteCourse Fees (in INR)NIRF Ranking 2023
XLRI Jamshedpur13,70,0009
MDI Gurgaon18,13,00013
SPJIMR Mumbai20,75,00020
NMIMS Bangalore9,02,00021
Great Lakes Institute of Management, Chennai13,25,000 - 17,25,00031
IISWBM Kolkata 6,10,00073
NDIM Delhi10,60,00099
DBS Dehradun 7,03,275-
Welingkar Mumbai (WE School)13,00,000
ITM Business School, Navi Mumbai10,45,000 - 13,45,000-
XIME Bangalore 11,50,000-
ASM IBMR Pune 6,50,000-
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Top Government PGDM Colleges in India

Check out the list of top government PGDM colleges in India along with their NIRF Ranking 2023 and course fees.

Name of CollegeFees (in INR)NIRF Ranking 2023
IIM Ahmedabad12,00,000 - 24,00,0001
IIM Bangalore12,50,000 - 24,00,0002
IIM Kozhikode12,00,000 - 20,00,0003
IIM Calcutta23,00,000 - 25,00,0004
IIT Delhi10,50,0005
IIM Lucknow9,50,000 -12,00,0006
IIM Indore17,00,000 - 35,00,0008
IIM Rohtak9,00,000 - 33,00,00012
IIT Kanpur2,80,000 -13,00,00023
IIM Ranchi14,00,000 -16,00,00024
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Top Colleges Offering Distance PGDM Course

Check out the top colleges in India offering distance PGDM courses to candidates.

College NameDuration
IGNOU2.5 - 8 years
Welingkar Mumbai (WE School)2 years
NMIMS Mumbai2 years
Nalanda Open University1 year
Institute of Management Technology (IMT), Ghaziabad2 years
Symbiosis Centre for Distance Learning (SCDL)2 years
IPS Academy2 years
National Institute of Management & Technology (NIMT)2 years
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PGDM Abroad Option for Indian Students

Studying PGDM course abroad can be an excellent choice for many individuals. Pursuing an international PGDM program can provide several benefits and open up numerous opportunities for career growth and personal development. The reason why an international PGDM is a sought-after credential is that it offers a comprehensive and globally recognized curriculum that includes diverse subjects such as finance, marketing, operations, and human resources management. Besides, international PGDM programs often offer exposure to a diverse and multicultural environment, which helps students develop cross-cultural competencies and gain a unique perspective on global business practices.

Additionally, students who complete an international PGDM program may have better chances of securing high-paying jobs with reputable multinational companies, both in their home country and abroad. An international PGDM is a sought-after credential by many individuals for the following reasons:

  • The average annual compensation for individuals graduating with PGDM from distinguished foreign institutions is significantly higher than those graduating from Indian universities. 
  • Students get an opportunity to learn from industry experts abroad. Their teaching team and guest lecturers have a wealth of knowledge to keep the students engaged and learning.
  • Students get the privilege of studying in world-leading business centres. An individual pursuing a PGDM program abroad can build an international network of professionals. 
  • Pursuing an international PGDM helps to impress recruiters by proving the candidate’s ability to take on challenges and handle change. Hence, it increases one’s employability.
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Career Options After PGDM Course

The different PGDM career options that are available have been listed below:

Job RoleJob Description
Operations ManagerThey oversee operational activities at every level of an organization. Their duties include hiring and training employees and managing quality assurance programs. An operations manager also strategizes process improvements to ensure everyone completes their tasks on schedule.
Finance ManagerThey are responsible for developing and monitoring departmental budgets. They also have to make necessary financial forecasts for their organization to plan the finances accordingly. Finance managers work with the managers of other departments to determine the organization’s financial requirements. 
Sales ManagerThey manage and supervise daily sales activities and sales associates. They implement the organization’s sales programs and work with their sales associates’ teams to achieve sales goals. Sales managers constantly interact with clients and ensure that they get a quality experience. 
Human Resources ManagerThey are responsible for all the HR activities in their department, including recruitment, onboarding, training, firing, etc. They have to ensure that they provide the employees with a productive environment to keep all the operations smooth.
Product ManagerThey are responsible for the entire lifecycle of a particular product including the idea generation, development, testing, launch, and performance of the product. They have to identify and monitor industry trends to generate ideas for new products for their organization and determine the demand for their current products. 

Salary After PGDM Course

Job RoleAverage Salary (INR)
Operations Manager7,39,671
Account Manager7,22,627
Supply Chain Program Manager4,50,000 - 12,00,000
Human Resource Manager3,00,000 - 8,00,000
Project Manager, Information Technology (IT)13,31,081
Information Security Analyst7,27,860
Sustainability Manager4,08,667
Marketing Manager6,88,000
UI Developer13,39,646
Risk Analyst4,86,177

Top PGDM Recruiters

  • Philips-India
  • Ogilvy & Mather
  • Aditya Birla Money
  • HSBC Bank Ltd
  • Hero MotoCorp
  • Apollo Health & Lifestyle
  • Mahindra & Mahindra Ltd
  • Asian Paints India Ltd
  • Colgate -Palmolive India Ltd
  • HDFC Standard Life Insurance Co.

PGDM Career Scope in India

In India, as well as overseas, both MBA and PGDM courses have equal value when it comes to career prospects. The need for qualified managers adept at handling various managerial responsibilities in a business is great and will keep on increasing. There are several job opportunities that students can get after completing a PGDM course. PGDM course, trains and polishes the leadership and management skills, which are essential in the business management industry. The average PGDM salary in India is INR 7.73 lakh per year.

PGDM graduates can apply for job roles in finance, IT, Human resources, Business Research, and Business Marketing departments, depending on their specialization. They also stand a chance in research organizations in job roles like analytical experts, business analysts, etc. In Business Consulting, PGDM graduates can be financial advisors at banking or financial institutions or IT advisors at a technology company. PGDM graduates can also start their own businesses and become successful entrepreneurs.

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Courses After PGDM Degree

Individuals who have completed a PGDM can choose from several education options to improve their skills, focus on a particular area of expertise, or pursue advanced qualifications. The following are some of the typical choices available:

Executive PGDM

The Executive PGDM program is a contemporary, rigorous program designed to empower executives in creating and renewing competitive advantage for their organizations. It allows working professionals to pursue a world-class management curriculum while continuing their work.

PhD in Management

Those interested in research and academia can consider a PhD in Management, which involves conducting an in-depth study in a specific management area and contributing to the academic field.

Specialized Master's Programs

Specialized Master's programs in finance, marketing, human resources, operations management, or international business can be explored for in-depth knowledge in a specific field.

Global Business Management Programs

Global Business Management programs offering a global perspective on business management can be considered, with some institutions providing opportunities to study and gain experience in different countries.

Entrepreneurship Programs:

Programs focused on entrepreneurship and innovation can be chosen by individuals looking to start their businesses, which provides insights into starting and managing a business.

Certifications and Short-Term Courses

Professionals looking to enhance their skills in specific areas such as project management, data analytics, digital marketing, or leadership may opt for industry-recognized certifications and short-term courses offered by many institutions and professional bodies.

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FAQs about PGDM

What is a Post Graduate Diploma in Management (PGDM)?

PGDM or Post Graduate Diploma in Management – a two-year business management diploma program offered by autonomous B-Schools recognised by AICTE that caters to industry requirements, and helps management aspirants develop relevant hard skills and soft skills to transform into an industry-ready management professional.

Why is PGDM a diploma and not a degree?

PGDM is offered by autonomous institutions and business schools that are not affiliated to any University. As a result, such institutes are not allowed to provide MBA degrees. PGDM programs are accredited by bodies like AICTE or AMBA (Association of MBAs) for international recognition.

When to do a PGDM course?

Deciding when to pursue a PGDM course depends on various factors including your career goals, current educational background, work experience, and personal circumstances. If you have a clear career goal that requires specialized management skills or knowledge in a specific field, you should opt for a PGDM course.

Why should one study a PGDM course?

One should study a PGDM course as it can significantly improve a candidate’s employability. Students pursuing PGDM can get very high remuneration. Some PGDM graduates will earn annual packages of more than INR 20 LPA even at the entry level.

What are the eligibility criteria for PGDM course?

The eligibility criteria for PGDM course include a Bachelor’s degree or equivalent, with a minimum of 50% aggregate marks or equivalent in any discipline, recognized by the Association of Indian Universities (AIU). At premier institutes like IIMs, a minimum of 60% or 6.5 CGPA on a scale of 10 should have been achieved at the graduation level.

What is the difference between MBA and PGDM?

MBA is a Degree program whereas a PGDM is a diploma program. PGDM courses are industry oriented unlike MBA, which are more theoretical in nature. PGDMs focus more on grooming programs, mentorship and industry exposure. Also the placement services are more rigorous with PGDM programs. 

How to get admission to PGDM course?

Admission to the PGDM program can be done in two ways: direct admission based on merit or through entrance exams like CAT, XAT, MAT, etc. Candidates meeting the cut-off scores of colleges accepting entrance exams become eligible for Group Discussion/Personal Interview/Written Ability Test.

Does PGDM course offer a good career?

Yes, a PGDM offers an excellent career because the average compensation for graduates with a PGDM is INR 7.73 Lakhs per annum. PGDM graduates can apply for job roles in finance, IT, Human resources, Business Research, and Business Marketing departments. They also stand a chance in research organisations in job roles like analytical experts, business analysts, etc. 

Why should one study a PGDM course abroad?

One should study a PGDM course abroad because the average annual compensation for individuals graduating with PGDM from distinguished foreign institutions is significantly higher than those graduating from Indian universities. Their teaching team and guest lecturers have a wealth of knowledge to keep the students engaged and learning.

Which is better - PGDM or MBA?

PGDM and MBA both are good courses and the decision to choose one is purely based on what a candidate needs from the course. A PGDM course is industry-oriented and focuses more on grooming programs, mentorship, and industry exposure. However, an MBA course is more theoretical in nature.

What is the average fees for PGDM course?

The average PGDM course fees range from INR 95,000 to INR 15,00,000 in India. The fees of private colleges are generally higher than those of government colleges. After graduation, candidates can earn up to INR 6-15 lakh per annum, depending on the PGDM job profile.

What is the average salary for PGDM graduates?

The average salary offered to a fresher after pursuing PGDM is Rs 1,60,000 annually. The average PGDM salary in India is INR 7.73 lakh per year. A Finance Manager earns an average salary of INR 9.91 lakh per annum in India. The average pay of a Product Manager in India is INR 17 lakh per annum.

Is PGDM course more expensive than MBA?

Yes, a PGDM course is generally more expensive than an MBA since it is offered by autonomous authorities. A PGDM can cost you around INR 5 to 24 LPA while an MBA course will cost you around INR 2 to 20 LPA.

What are the top PGDM colleges in India?

The top PGDM colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIT Delhi, IIM Lucknow, IIM Indore, IIM Rohtak, IIT Kanpur, IIM Ranchi, XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai, NMIMS Bangalore, Great Lakes Institute of Management, Chennai, etc.

What is the duration of a PGDM course?

The duration of a PGDM course is 1 to 2 years. Some institutes offer PGDM programs that are completed in one year, often referred to as "fast-track" or "accelerated" programs. Some PGDM programs span over two years and include a more comprehensive curriculum.

What is PGDM syllabus?

The syllabus for a PGDM includes subjects like Principles of Management, Organizational Behavior, Managerial Economics, Business Communication, Business Ethics and Corporate Governance, Strategic Management, Operations Management, Financial Management, Marketing Management, Human Resource Management, Supply Chain Management, Quality Management, Digital Marketing, etc.

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Related Questions

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riya, Student / Alumni

-Answered on Aug-26-2023
Getting admission in MBA at Mittal school of business, LPU is not an easy achievement for any candidate because of their quality admission intake. If, I am not wrong, LPU has maintain such standards of quality admission intake and has very stringent criteria also.
Is there PGDM in event management
-Lavanya -Updated on July-07-20234 Answers
r

riya, Student / Alumni

-Answered on July-07-2023
Let me tell the this thing that if you want to take admission in MBA than the eligibility for that is pass with 55% aggregate marks in Bachelor’s degree (any discipline) or equivalent, subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT and Interview Or Completed Company Secretary (CS) from Institute of Company Secretaries of India (ICSI), subject to qualifying Interview Or Completed Chartered Accountancy (CA) from Institute of Chartered Accountants of India (ICAI), subject to qualifying Interview Or Completed Cost & Management Accountancy (CMA) from Institute of Cost Accountants of India (ICAI)., subject to qualifying Interview, you need to fulfil this eligibility criteria for taking admission in LPU.
S

Subhashri Roy, Student / Alumni

-Answered on July-02-2020

Dear Student,

IILM University, Gurgaon sees a number of major companies for campus placements every year. Some of the past recruiters include 99acres, Jaro Education, American Express, Axis Bank, PhonePe, Bajaj Finserv, Bandhan Bank and Radisson Blu. Companies in the Banking sector offer the highest number of placements at IILM University, Gurgaon.

In case you have further queries, please reach out to us on our QnA zone or call us at 1800-572-9877. Also, you can find out the top MBA college in India for your requirement and the top MBA colleges in India according to NIRF Rankings 2020.

Good luck and thank you.