Education leads to possibilities. Getting higher study is an essential part of success in the current business world. It’s competitive everywhere, and the more educated you are, the more the chances of getting a good job. That’s the reason for getting a PGDM (Post Graduate Diploma in Business Administration) is vital.
1. It increases the salary package: With the Management degree in your hand, you could certainly demand a good salary. As per a 2007 Corporate Recruiters Survey, people are ready to pay apparently more to job candidates having Management course. This survey shows that organizations would pay up to 84% more. A lot of hard work goes into getting the PGDM degree & the salary certainly must reflect it.
2. Knowledge earned in PGDM lasts for a lifetime: Success and failure are 2 sides of the very same coin. I guess, one who balances failure and success & learns from both is the actual Management candidate. Those who have failed fifty times but succeeded on the 51st attempt, know the significance of it more than the Management candidate who has spent 2 years at a Business school. What I have to say is that a course is OK, but its real significance lies in utilizing its concepts in life as well. Going back to the institute, for any reason, is surely a great idea.
3. A management degree is a success tool: If a Management course is not helpful or necessary, then why every small and big company in the job specification ask for PGDM/MBA with so many years of job experience? Why only MBA/PGDM degree holders are hired for certain positions & non-MBA need to work extra hard to be there.
Yes, there are people who have done so well without having a PGDM/MBA degree but we do not have to forget the achievements of people with the degrees.