Can you please help me sir/mam in this question " what is your career vision and how pgdm program is meaningful for me?"

Before I answer your question let me introduce you to a proper definition of PGDM which is known as Post Graduate Diploma in Management. It is basically a diploma course offered by All India Council for Technical Education (AICTE) approved institutes.

Most of the students are confused between PGDM and MBA courses but both are different from each other. MBA is usually a degree course while PGDM being a diploma course, the simple difference lies in the fact that most autonomous institutions that have management courses offer a PGDM degree instead of an MBA degree. For joining any institute to pursue PGDM the basic eligibility criteria are to have a Bachelor’s Degree or equivalent, with most institutes demanding a minimum of 50% part obtained in the Bachelors and the institution where you undertook your Bachelors should be necessarily recognized by the Association of Indian Universities (AIU).

The first thing you should look forward to joining any PGDM course is the institute rating because good business schools will provide you with better facilities and good packages. To do this you should prepare yourself for entrance exams like CAT, XAT, MAT, CMAT, ATMA, and GMAT and get good percentile.

For pursuing a PGDM degree in a good institute, the candidate gets exposure to various perks of the course which is listed below:

1- MARKETING MANAGER- Here you play the role of a supervisor in ad companies and have to monitor and analyze the function of many marketing programs. The average expected salary is Rs. 6-7 Lakhs per annum.

2- OPERATIONS MANAGER- Here you have to monitor various departments like production, management, warehousing and manufacturing for the smooth running of the operations related to the company. Here also the average salary is expected to be in the range of Rs. 6-7 lakhs per annum.

3- SENIOR BUSINESS ANALYST- This is one of the toughest job available where you should have a profile in comprehending a vast amount of information related to the business area. In addition to that, it might also involve interactive sessions, surveys and other methods. Here the salary package is a bit higher than the previous two.

4- ASSISTANT FINANCE MANAGER- Here the main focus will be the maintenance of financial stability of the particular company you are working in. You have to keep a check on the financial reports and update them at regular intervals. But a high level of accuracy is demanded in this job. Here the salary is around Rs 6-7 lakhs per annum.

5- ACCOUNTS MANAGER-Here you have to check for maintaining the relationship between the customers for the betterment of the company. You should have prior knowledge about the product you are dealing with and experience in customer services. The expected salary is expected to be around Rs 5-6 lakhs per annum.

One should not consider PGDM degree to be any less than an MBA degree. You should look for institutes like IIMs, XLRIs, DU, XIME etc. to avail the full-fledged opportunities of PGDM.

Hey Sandy,

PGDM- Post Graduate Diploma in Management

This is a diploma course which is very very similar to a MBA  as both of them have nearly the same job profile.

Till last year all the top institutes like IIM used to give a PGDM degree itself as there was a law which was wavered off last year or so which now allowed them to give an MBA.

PGDM can be done in distance learning and also as a regular college but obviosly DLP of PGDM has a less value as compared to the normal college programme.

It is suggested that one hould do their PGDM after doing some job for abput 2-3 years as it is very valuable when one has experience and then this degree is moreover used to go up the ladder in the management part of the firms.

The job profile of a PGDM graduate is-

• The most preffered job profile would be of a HR Executive-

A human resources (HR) manager makes policies, procedures and see that HR programs are consistently administered, aligned with organizational goals and are in done with utmost professionalism. They plan, manage and coordinate all human resources initiatives for example recruitment, compensation, benefits, training and employee relations of an organization. They also advise and coach managers on HR policies and programs including employee relations issues. They also ensure that their workplace is accommodating and is free from harassment of any kind in the workplace.

A Human Resources (HR) Managers average salary is of Rs 613,085 per year

• Marketing Manager

A marketing manager helps and supervises in advertising or merchandising sales campaigns that the company uses to sell products. They may be assigned to a single product, a product line, a brand, or the entire company. The marketing managers should work with the creative, research, advertising, and sales teams.

The average salary is around 7-8Lpa

• Operations Manager

Operations managers oversee their organization’s production of goods. They have to look into various departments like purchasing, warehousing, and manufacturing. They have to make sure that their company’s products are good and satisfy the clients’ or customers’ expectation. They have to make sure that their company’s operations run smoothly and effectively. They have to look into the finance and budget of their company. They must make sure that their company conducts their business in a safe manner and that workers In their company are safe and follow environmental rules and regulations.

The average salary is around 8-9Lpa

• Business Analyst

Senior business analysis has to do a variety of things depending on the myriad of issues that come up to them.as they have to do a lot of things a person applying for this job should have a great business mind and the ability to comprehend and process a vast amount of information that is related to the organization. Another major key component of a senior business analyst’s position includes identifying an organization’s strengths and weaknesses and giving suggestions as to which areas they can improve and after assessing the problem they should come up with innovative ideas to look into the requirements, specifications, business processes and recommendations to ensure their suggestion will be successful as possible.  They also have more jobs like Collecting data through interviews, surveys, web search, database search, or other methods.

The average salaries grossing well over 9-10Lpa

I would suggest these 4 jobs would best suit a job profile for a PGDM gradute, if you want any other scopes then basically one can join any management job.

Hope I could answer your querries

Cheers!!