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The Post Graduate Diploma in Management (PGDM) is a two-year diploma program designed to provide students with hands-on marketing knowledge. The diploma is offered by AICTE-accredited business schools and is equivalent to an MBA degree if the institution is AIU-accredited.
The PGDM program in institutes such as ITM Mumbai is ideal for students who want to work in management. The curriculum is similar to that of an MBA degree because both courses deal with management at the post-graduate level. Students and professionals frequently choose a PGDM in HR because the curriculum is extremely industry-oriented and in line with market trends. Following a PGDM, there are numerous well-paying job opportunities in fields such as marketing, finance, sales, and human resources.
Different types of HR courses
- Online PGDM
Online PGDM in HR are typically shorter in duration and more adaptable. They provide detailed knowledge of various key industry trends and norms that are extremely beneficial to students. They provide a lucrative upskilling opportunity with a wide range of specialized knowledge on management's multi-faceted subjects to move up the career hierarchy.
Online PGDM courses have several advantages, including lower fees and no travel or commuting time. It allows students to learn at their own pace and gain a deep and broad understanding of marketing. The syllabus covers a variety of topics not covered in traditional management courses.
- Distance Education
Distance PGDM courses are planned distance education programs that are ideal for students who want to pursue a degree in management while continuing to work. Numerous reputable colleges provide distance PGDM courses, allowing students to work and study at the same time.
The educational costs are lower, and the process saves time while allowing students to learn at their own pace. However, applicants for a distance PGDM degree must also learn whether the course credits are recognized and meet industry standards.
Human Resources (HR) managers who are well-trained are in high demand across various sectors and domains, with high salaries on offer for the best candidates.
An associate's degree or a certificate may suffice for junior executive positions, but an MBA in Human Relations is required for senior positions. MBAs advance to senior-level executive positions such as Director and CEO.
All branches of management, whether honors or diplomas, are extremely rewarding and provide aspirants with a plethora of career options. However, the PGDM dual specialization provides an additional set of skills and knowledge, allowing aspirants to choose from a wider range of job profiles.
Professional interior designers are in high demand both in India and abroad. To get a reputable job, you must have completed a professional course from a reputed institute such as ITM Mumbai with a high grade.
One can also begin their entrepreneurial journeys by establishing their own firms/companies. With the broad range of skills gained from the dual specialization course, these students are more likely to thrive in their businesses. Students with PGDM dual specialization degrees can also work as consultants or assistants in small businesses and start-ups. They can also pursue a career in academia as a professor or researcher.
Admission to PGDHRM programs in ITM Mumbai is typically based on a national or state-level common entrance exam. Students are evaluated based on their performance in these entrance exams.
Most institutes such as ITM Mumbai use the following procedures to admit students to PGDHRM programs:
- Step 1: Take national-level entrance exams such as the CAT, XAT, GMAT, and so on.
- Step 2- After the results are released, the ITM institute will announce their cut-off marks.
- Step 3: The Institute will evaluate candidates based on their performance in the common entrance exams as well as their previous academic record.
- Step 4: Shortlisted candidates' merit lists will be released by the institute.
- Step 5: Shortlisted candidates will be invited for further admission procedures, which will include a university-level entrance exam followed by a GD/PI.
There are various types of courses available, and each one will have a different fee structure based on the students requirement.
In some colleges, the basic fee structure starts at 6,60,000 and can reach up to 12,30,000.
The ITM Mumbai fees vary due to the amenities and additional facilities provided by the institution. Grab your seat today for top class learning and mindful education in ITM University
The Way Forward
A PGDM in Human Resource Management will give aspiring learners an advantage in becoming great at people management, exceptional leaders, and someone who will introduce initiatives that will bring positivity to the organization's working culture. Moving forward, students will also learn how to overcome the challenges of establishing a career in human resources and making decisions that benefit both employees and the organization as a whole.
The demand for an HR professional has even grown rather than going down. One should remember that HR needs to adapt and be agile i.e. an HR professional must not stop learning.
HR will not be replaced, but HR professionals must take up relevant courses to empower their working and be in a race.