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The PGDM in Finance is a diploma-level study program that lasts one to two years and focuses on the development of financial management skills. If your college allows it, then you can complete the course in one year.
Candidates interested in pursuing a PGDM in Finance must have a relevant UG degree in any discipline. They may be required to pass entrance exams such as the CAT, MAT,.SNAP, and others.
Admissions to the PGDM in Finance are based on entrance exams. These entrance exams may be national, state, or institute-specific. The average course fee is INR 50,000 to INR 3,000,000.
After completing the course, the student will be qualified to work as a Finance Manager, Investment Banker, Financial Advisor, Financial Planner, Equity Analyst, and Banker. After completing this course, candidates can pursue a PhD in a related field.
What is PGDM in Finance?
Critical thinking and analysing skills are required for the PGDM in Finance courses.
Working with capital management and understanding international finance are two of these critical intellectual areas.
The PGDM in Finance is a course designed for qualified candidates who want to broaden their knowledge of financial management topics like working capital management, international finance, and merger acquisition.
The pgdm finance syllabus prepares qualified students to become experts in finance and financial management.
Graduates of the PGDM in Finance or post-graduation in finance program are well-versed in finance and are prepared to assume the responsibilities of a financial manager in an organisation.
The PGDM in Finance course assists and provides extensive knowledge in analysing cost centres, organisational expenses, and creating effective balance sheets. It is best suited to people who are already serving in the financial service market or wish to enter it.
Why pursue a PGDM in Finance?
A PGDM in Finance takes less time and is less expensive than a Master's degree.
You will soon have the opportunity to change careers or start a career as a professional in the field.
You can improve your practical knowledge of finance and financial management.
The PGD in Financial Management course is ideal for managers seeking admission to courses that will help them work more efficiently in the banking and financial services industries, such as insurance, mutual funds, and loans.
This course benefits learners by improving their ability to manage critical financial situations, allowing them to be in charge of more benefits.
Admission to the PGDM in Finance
Admission to the PGDM in Finance program varies by institution. The majority of admissions are based solely on entrance exams.
The following are the admissions methods:
Candidates are chosen for the next round of selection based on their performance in the entrance exam.
In order to be admitted to this course, short-listed candidates may be required to attend an interview.
Eligibility Criteria for the PGDM in Finance
Candidates interested in pursuing a PGDM in Finance should keep the following eligibility criteria in mind:
Candidates must have a UG degree in any field of study, such as BE, BSc, BBA, BCom, BCA, BA, and so on.
Candidates in their final year of study may also apply for the exam.
The candidate must pass the admissions exam in order to be considered. Otherwise, the candidate will be denied admission.
Along with academics, work experience and internships play an important role in shortlisting candidates.
Admissions to the PGDM in Finance
Candidates for admission to the PGDM in Finance program will be admitted based on their performance in the respective entrance examination and Personal Interview, as well as their merit in the Bachelor's degree examination.
The admission period for PGDM in Finance typically begins in June and may extend until August.
The entrance exams are also held in April and July. However, admissions have been delayed by a few months due to the covid pandemic.
There are various types of PGDM courses available with various options available, such as PGDM online and distance learning courses, which will directly help a professional move forward in their professional career.
Some important notes for Full-Time PGDM are listed below:
PGDM is a two years professional diploma course that offers more industry-relevant knowledge and other norms.
The cost of a full-time PGDM course ranges from INR 4 to 24 LPA, depending on the institution.
CAT, MAT, XAT, SNAP, and NMAT are some of the major entrance exams.
Candidates can pursue PGDM courses at top colleges in the country.
Online PGDM program
Online courses are intended to provide a job-ready curriculum. Some important notes for Online PGDM are as follows:
Candidates will be able to learn about various PGDM subjects included in the syllabus, as well as save money on lodging and transportation, as well as travel time.
The course is very relevant and simple to understand, allowing students to learn at their own pace.
Distance Learning for the PGDM in Finance
Distance PGDM education is a learning option that takes place away from the school and can be learnt from anywhere.
Students interested in pursuing a PGDM course remotely can enroll in the Distance PGDM program.
Several institutes provide PGDM distance learning programs.
- Some of the key points of distance PGDM in finance:
- Buying books is less expensive, which saves money.
- It enables professionals to work as well as learn, and it also allows them to stay current on subjects while working. Distance PGDM students have numerous admission opportunities in various colleges.
Top Finance PGDM Colleges Abroad
The educational requirements and other requirements for studying PGDM in Finance Abroad are listed below.
- The candidate must have completed class 10+2 from a recognised board in India with at least 50% marks.
- The candidate must have a valid IELTS score above 5 and/or a PTE score, with an IELTS score of at least 6 and a PTE score of at least 50.
Other prerequisites include:
- Strong financial standing or the ability to arrange student education loans.
- You must obtain the visa ahead of time.
- You should sign up for Internships and other similar opportunities.
A postgraduate diploma in management in finance is multidisciplinary and provides financial knowledge. It allows you to investigate financial markets, accounting systems, financial system analysis, and a variety of other topics. You will also be given tools and will learn about business administration as well as in-depth financial products and processes.