Hi Hitesh,

• MBA - Master of Business Administration
• PGPM - Post-graduate Programme in Management
• PGDM - Post-Graduate Diploma in Management

MBA degree is usually offered by universities or the colleges affiliated to universities, while PGPM or PGDM are diploma courses offered by institutes approved by AICTE (All India Council for Technical Education). PGPM/PGDM can either be of one year or two years. One year PGPM/PGDM cannot be equivalent to MBA. However, two-year PGDM or PGPM holds almost equal reputation. Look at IIMs for example. IIMs offer PGDM and that holds a very high importance. Even the curriculum is quite same in MBA and two-year PGDM/PGPM. As far as placements are concerned, there is no difference.