PGDM (Post Graduate Diploma in Management) Course, Admission Process, Subjects, Fees, Career Options

What is PGDM?

Post graduate Diploma in Management is a two years PG diploma in the field of management. From top level to the regional institute, almost every management institute offers this diploma. Students can pursue this course either full time or part-time. The duration of PGDM is two years. In order to be eligible for PGDM, students have to complete graduation with at least 60% marks or 6.5 CGPA. Students have to qualify the national or state level entrance exams such as CAT, MAT, XAT and others. Students can choose the specialization in PGDM, as per their interest and skills. The specialization in PGDM includes Financial Management, Marketing, Human Resource, and so on. The fees of PGDM vary from institutes to institutes. There is an abundance of job opportunities available in every domain including the public and private sectors. Students holding Postgraduate Diploma in Management are placed at managerial level in the top companies. It is considered equivalent to the MBA.

What is full form of PGDM?

The PGDM full form is Post graduate Diploma in Management. It is a two year PG diploma course in the field of management and not a degree. And the value of PGDM diploma is almost equal to that of MBA degree.

P.G.D.M. Overview

Advantages of Post Graduate Diploma in Management

• By choosing to pursue a Post Graduate Diploma in Management one can change his or her career or even start the career as a professional in a management field.

• It takes less time to complete (one year) than pursuing a master’s degree like an M.B.A.

• PG Diploma in Management is less expensive compared to a Master's degree.

• A student can increase his or her practical knowledge in a management field.

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Types of P.G.D.M. (Postgraduate Diploma in Management)

P.G.D.M. is a type of Postgraduate diploma in management. Read more details about this PG Diploma below -

P.G.D.M. Eligibility

Students seeking admissions in Postgraduate Diploma in Management must fulfil the minimum eligibility criteria. As eligibility may vary from institute to institute. Hence it must check it before applying. Check the below-given points to know the basic eligibility criteria.

• The student must possess a Bachelor's degree in any stream from a recognised university.

• A minimum of 60 per cent marks is required in the graduation level.

• In the case of CGPA, a minimum of 6.5 CGPA on the scale of 10 is required.

P.G.D.M. Admissions

There are numerous colleges and universities that offer Postgraduate Diploma in Management. The admission procedure is different for each institution. Read the below pointers to know more about the admission in PGDM.

• Admission based on entrance exams like CAT, MAT, XAT.

• Some state universities also conduct their own entrance test, Karnataka Management Aptitude Test (KMAT), Tamil Nadu Common Entrance Test (TANCET), and many more.

• To get admission in your desired college or university, the student has to qualify the entrance of the respective institute and clear the cut-off too.

Top P.G.D.M. Exams

In the table below, the list of top national level and state level P.G.D.M. exams are given. Students can check the start and end date of the application along with the exam dates. However, this must be noted that the dates mentioned here might get changed due to the COVID-19 outbreak.

Top National level P.G.D.M. Exams

Top State level P.G.D.M. Exams

P.G.D.M. Specializations and Course

Students have to opt for PGDM specialization during the second year of their course. This is quite essential for students to choose the right specialization as per their area of interest. The specialization in PGDM is meant to provide a deeper understanding of the subjects chosen by the students. It provides overall expertise in that particular subject. While choosing the specialization, the student must analyse the scope, career growth, and opportunities in that particular area. Below is a list of top specializations available in PGDM.

Marketing

This is among the most dynamic specializations. Marketing covers customer relations, digital marketing, sales, services, branding, advertising and . The students must have great communication skills to make a bright career in this field.

Finance

This field of specialization mainly deals with all the aspects of financial management such as Financial Derivatives, Cost & Management Accounting, Banking & Taxation, Security Analysis & Portfolio, Risk & Insurance, International finance, merger acquisition, and so on. The student must possess good analytical skills to work in this field.

Human Resource management

This is considered to be the most indispensable part of any organization. Through this field, students develop the skills of people management. This field is among the top priority for every PGDM aspirant.

Business Analytics

The prominence of data in the industry has made Business Analytics the most preferred specialization in PGDM. This field of specialization focuses on the developing skills, understanding technologies, applications and processes which will be used to get the data-driven insights.

Apart from the above-mentioned specializations, there are some other specializations offer by institutes.

1. International Business

2. Information Technology

3. Hospitality Management

4. Supply Chain Management

5. Operations Management

Post graduate Diploma in Management Syllabus

Syllabus for first and second year

P.G.D.M. Syllabus for Specializations

Post graduate Diploma in Management - Salary

After completing PGDM, students may get an attractive salary package during campus placement itself. Apart from campus placement, individuals will be offered salary based on skills, talent, and experience. The initial salary after PGDM will be between 2.5 to 6 lakh. After certain years of experience, the salary may rise up to 14 lakh. The entire salary range is given in the table below.

P.G.D.M. Salary by Experience Level

Scope of Post graduate Diploma in Management

The Postgraduate Diploma in Management brings out the managerial and leadership skills of a person, required to grab a top-notch job in a public or private sector. Through PGDM, one can polish their skills and knowledge of management, which will be beneficial to reach higher in this field. There is a vast level of opportunities available after PGDM. Students' mindset and skills are all that needs to be at the top of any management position. Private firms, research organisations, consulting firms are some of the options available after PGDM.

Advantages of P.G.D.M.

• Development of communication and interpersonal skills

• The hand-on approach of management

• Great career opportunities

• Attainment of knowledge about business management

• Wide exposure to the management world

Career Opportunities after P.G.D.M.

Attaining a PGDM degree opens up a great number of opportunities in the private and public sector. Students will be placed at various sectors depending on their field of specialization such as Financial Management, Business Analytics, Human Resource, Marketing, including others. The list of positions available after PGDM are given below.

• Financial Advisor - They works towards the financial needs of organisations in the investments and insurance decisions. They also help the firms and individuals finding the best way to achieve financial goals.

• Investment Banker - They closely works with the public and private entities for the capital funds. An Investment banker helps their clients in all the fund related activities which help in expanding their business.

• Business Analyst- It is a techno-functional positional, where a Business Analyst works to fill the void between IT and Business. Growth analysis, data analysis, understanding the need of the hour for business is among the main responsibility of a Business Analyst.

• HR Manager - The main function of the HR manager is the effective management of employees of their organization. Talent acquisition/recruitment, staff development are also some of the core functioning areas of the HR Manager.

• Sales and Market Analyst - They work towards the sales and marketing of companies product. Future sales target, further development in these areas are also the functioning of Sales and Market Analyst.

• Relationship Manager - They works with the sales and marketing team. Their main role is to deal with the customers or clients and works towards grievances.

P.G.D.M. - Top Recruiters
The recruitment in a certain company depends upon many factors such as percentile in PGDM, performance in the interview and GD. Also, the recruitment will be done through campus placement, walk-in interview, through agency. There are a number of companies who hires management professionals, the list of top companies is given below.

• Godrej & Boyce Manufacturing

• IBM

• Future Group

• Vodafone

• Infosys

• Hindustan Unilever

• ITC

• KPMG

• Deloitte

• E&Y

• PWC

• AT Kearney

• Mckinsey