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PGDM stands for Post Graduate Diploma in Management. It’s important to evaluate whether to do an MBA or a PGDM depending on what you’re certainly looking to achieve post-completion. However, though both are post-graduate programs, there are a few attributes that make one better than the other.
Read Ahead to Know More in Detail
- Comprehensive Curriculum
An MBA degree is offered by Institutes that are affiliated to Central Boards in charge of awarding a final degree certificate. They are equally responsible for setting up an ideal academic curriculum. That being said, these curriculums cannot be frequently upgraded since many institutes are lined under them, making it difficult for each to quickly adapt to change.
A Post-Graduate Diploma in Management is offered by autonomous institutes aptly recognized by a statutory body called AICTE. Their curriculums are crafted by institutions themselves, complementing industry standards. Hence, a PGDM course is widely chosen by those who are inclined towards a more contemporary and practical learning approach.
- Fee Structure
The fee structure stands as a major differentiator. Though the fees of an MBA degree is subsidiary to that of a Post-Graduation Diploma in Management, the quality of education offered by the two differs widely. For the exorbitant fee structure set for an MBA degree, you would also expect an advanced curriculum. Which is surely not what you get in reality. While in the case of a PGDM course, the curriculum is highly advanced and matches the pace of the industry. Making the learning process much more industry-relevant and worth the fee.
- Better Job Prospects
As stated earlier, the curriculum being widely diverse with respect to industry standards, it increases your chances of receiving better career prospects. So, along with a PG degree in hand, you’re also awarded a better job opportunity. Making it a win-win situation for you at the end.
Hence, its PGDM over MBA any day! Aim for a program that will not just grant you a degree but a long successful career at the same time and that will help you choose right.