5 Reasons Why PGDM Is The Most On-Demand Course For Your Career Path
Getting a management degree from a reputed business school is considered very lucrative. Students of diverse backgrounds pursue management courses to climb up the corporate ladder and for companies’ high packages.
MBA and PGDM are two popular management courses which students can enrol on. Whether to join a PGDM course or an MBA degree is a common dilemma for students who wish to pursue Management.
In 2023, PGDM is the apt choice for students who wish to pursue Management, as PGDM has the upper hand over the conventional MBA degree.
In today’s article, we talk about the reasons why students should Choose PGDM over MBA.
Post Graduate Degree in Management (PGDM) is a full-time two-year course. Premium institutes such as IIM and ISBR offer PGDM courses recognised by AICTE (All India Council of Technical Education). The PGDM course is industry-specific, up-to-date and practical as far as the job market is concerned.
Post Graduate Degree in Management is an interdisciplinary course with various streams such as Management, Accountancy, and Economics with their up-to-date syllabus to meet the industry’s broad spectrum of knowledge rather than specialisation in one subject.
Difference Between PGDM And MBA
The PGDM courses are run by institutes recognised by the All India Council For Technical Education(AICTE), whereas MBA is a course that is taught in colleges affiliated with UGC.
In UGC-affiliated colleges, the syllabus is very rigid because of which changes to the syllabus do not happen, leading to students learning it as a rudimentary version focusing only on passing rather than getting placed in big companies.
On the other hand, PGDM courses are constantly upgraded and moduled to meet industry standards and requirements. They are heavy-handed on practical knowledge concerning an MBA. In addition, PGDM students have an upper edge over MBA students in interviews because of their practical management skills along with their theoretical knowledge.
PGDM is a professional course that teaches the practical aspects of work through indulging in state-of-the-art learning techniques like experiential learning, case studies, and vestibule training.
The PGDM curriculum is in sync with the current demands of the industry. The course is a unique blend of theoretical and practical aspects necessary to ace the management field. Students will be experiencing real-time working atmospheres of the industry and will be exposed to international practices that are followed in business. Students who are interested in polishing managerial skills can join the PGDM course.
Subsequently, the PGDM course is an excellent platform and is best suited for aspiring students who want to become successful entrepreneurs. In addition, the PGDM course provides all the knowledge, expertise and skill required for a successful entrepreneur.
Why Should One Choose PGDM Over MBA
Technology is changing at a breakneck pace in today’s era, and the same applies to Management. The syllabus has to be upgraded according to the latest requirements. Frequent syllabus changes are possible only in PGDM courses but not in an MBA. So the PGDM curriculum is more flexible when compared to the MBA syllabus.
The business challenges faced by organisations in today’s context are entirely different and unique. So, organisations require skilled professionals to handle the competition faced in the markets. So, the preference is more for PGDM students when compared to MBA students
Benefits of Choosing PGDM
Advanced Specialised Course
PGDM offers specialisations in more than fifty domains, and a choice can be made as per the type of work you intend to proceed with. A few diploma specialisations include PGDM In Business Analytics, PGDM In Marketing Management, PGDM In Financial Management, PGDM In Human Resource Management, PGDM In Operations and various others. The PGDM diploma is specialised because of practical learning rather than focusing entirely on theory.
PGDM being a professional diploma course, is often upgraded to accommodate more skill-based knowledge without any difference to be applied to industries in real-time. Changes are subject to ongoing industry trends.
Lucrative Placement Offer
As mentioned, the course includes practical exposure to industries through various forms per the institutions. PGDM with VJIM offers corporate learning, summer internship, international conference, industry visits, business conclaves, corporate internships,business acumen not only makes them job ready fetching them even pre placement offers but also gives them wide exposure in getting their confidence boosted.
Undergoing a PGDM course from AICTE-approved institutions makes it easy for students to avail of education loans. In addition, there are low-interest and flexible bank loans that are offered to students, which can be repaid after they get placed comfortably.
Students From Any Stream Can Apply
Graduates from any field can opt to get one step ahead in their careers. No matter which subject domain you belong to, having a PGDM diploma will only enhance your chances of gaining a top leadership position in any company. Here, the best part is that you can choose an industry in which you have prior academic experience through your graduate degree and then gain a managerial position in the companies working in that specific industry.
When it comes to excellence in Management, the PGDM course has the upper hand over MBA, as it is skill oriented and not just focussing on theory. It accentuates students’ managerial skills to help them get great jobs and also develop entrepreneurial skills. If students are looking to land jobs such as CEO, or CFO, then it is PGDM which will help and accelerate their growth.
PGDM,completed from institutes like Vignana Jyothi Institute of Management, is in huge demand. VJIM PGDM is approved by AICTE, accredited by the National Board of Accreditation (NBA) and South Asian Quality Assurance System (SAQS) and is ranked as a Platinum Institute, subsequently ranked amongst the 100 best B schools In India and is the 4th best b school in Hyderabad.
PGDM syllabus at VJIM indulges in Research and development and has a cutting-edge curriculum, industry internship, international exposure and much more.
Admissions to PGDM are now open at VIJM, and it is time to take the plunge and work towards a bright and successful future.