PGDM or MBA which one is better?
Hi Nisharth,
Thanks for approaching us. To start with, Masters in Business Administration or MBA is a degree course offered by the Universities (both Government and Private) and Colleges affiliated to these Universities. Post Graduate Diploma in Management (PGDM) is a Diploma programme offered by B-schools/Colleges that are recognised by Government of India’s nodal body for technical education - All India Council for Technical Education (AICTE). Apart from these, there is yet another programme called PGPM (Post Graduate Program in Management) which is offered by colleges like ISB Hyderabad, IIMs etc.
Now how to choose your programme?
If you are looking forward to joining a corporate firm after completing your programme, then you can choose either one. What matters is your managerial skills, learning, and adaptability. There is no stark difference between PGDM and MBA.
However, you can opt for MBA if you want to stay in the academic field of management. MBA is a globally acclaimed degree but PGDM is a job oriented programme. Also, It is easier to get education loans if you study in an AICTE approved business school, precisely take up PGDM courses. On the other hand, MBA degrees are awarded by Universities. There is uniformity in education, learning among all the University affiliated colleges.
Now, you need to decide the course based on your interests, professional goals and financial ability.
Hope it helps! Best wishes.
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PGDM --
AICTE + AIU Approved ---- Equivalent to MBA -- Eligible for Govt Sector and Higher studies
** Do check both AICTE and AIU Aprroval of college.
MBA --- UGC Recognised -- Directly Eligibille for all
Hope it clears your doubts.
All the best.
hii nishanth
these both are relatively same, in wording profession imminent doesn't make much contrasts. Anyway underneath are some examination in a few parameters I attempted to list down -
I) Institute type -
Just schools subsidiary to a college can offer MBA for their business courses. Eg - FMS-Delhi, NIMT Institute of the executives and so forth. Along these lines MBA is UGC allowed course. Where as PGDM is offered via self-sufficient foundations like IIMs, XLRI, NMIMS, SIBM, Fore School of Management, NIFT, MDI, IMT and so forth. PGDM offering foundations are a free body not affliated to any college anyway they are affirmed by AICTE.
ii) Duration obviously -
MBA programs are presently a days two years in length according to UGC.
PGDM projects may last from one year to two years. Typically the two years in length PGDM is said as proportional to MBA.
iii) Curriculum Type -
MBA standards are subject to the college and educational programs isn't often modified as schools can't present changes without the assent of the college.
PGDM is a greater amount of adaptable one as independent establishments can acquaint natural changes all the more every now and again with make the instruction more successful. Generally PGDM courses are much more refreshed than a MBA.
iv) Focus of the course -
MBA course is more engaged towards building up the business and specialized information where understudies more often than not builds up the hypothetical ideas that are basic for business world.
PGDM is more engaged towards the down to earth methodologies of things which form understudies to confront genuine issues and concoct achievable arrangements. Moreover understudies get industry situated and versatile to professional workplace.
regards

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