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    Difference Between MBA and PGDM

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    AnjanaKrishnan
    Very often MBA aspirants are confused between MBA and PGDM and often have difficulty in choosing between the two. This article will clarify you the difference between these two management programs.

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    Difference Between MBA and PGDM

    Uploaded by

    AnjanaKrishnan
    108 views7 pages
    Very often MBA aspirants are confused between MBA and PGDM and often have difficulty in choosing between the two. This article will clarify you the difference between these two management programs.

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    Very often MBA aspirants are confused between MBA and PGDM and often have difficulty in choosing between the two. This article will clarify you the difference between these two management programs.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    108 views7 pages

    Difference Between MBA and PGDM

    Uploaded by

    AnjanaKrishnan
    Very often MBA aspirants are confused between MBA and PGDM and often have difficulty in choosing between the two. This article will clarify you the difference between these two management programs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    You are on page 1of 7

    Difference between MBA

    and PGDM

    MBA Vs PGDM
    What do MBA and PGDM stand for? MBA (Master of Business
    Administration) is a degree, while PGDM (Post Graduate
    Diploma in Management) is a diploma program. As per the
    norms of the UGC, Colleges/Institutes affiliated to a university
    can offer MBA degrees. The autonomous/private Business
    Schools which are not affiliated to any university can offer the
    Post Graduate Diploma in Management (PGDM) programs.
    Hence, even apex institutions like IIM, XLRI, and SPJIMR offer
    PGDM and not the MBA degree since these institutions are
    autonomous bodies and are not affiliated to any university. As
    such, there is no difference in what is being taught in PGDM
    and MBA.

    Curriculum:

    However, the autonomous business schools frequently


    change the syllabus to meet the industry standards. A syllabus
    change in an MBA program is rare since the college offering
    the program has no authority to change syllabus. Before you
    make a decision you should also note that MBA programs are a
    lot cheaper than PGDM programmes.

    Which is better: MBA or PGDM?


    In an MBA degree, you will be provided with theoretical
    knowledge of management concepts and practices. Theoretical
    knowledge may be useful if you want to get into research. Also,
    MBA syllabus is not amended very regularly as the college
    offering MBA has no authority to change the syllabus. This can
    be a major deterrent in the management arena because the
    real business environment is very dynamic and full of sudden
    unexpected changes. Hence, the MBA degree is more
    academic and theoretical in nature.

    The PGDM programme, if done from an above average business


    school, will drill you with efficient training and will give you insights
    into real life business situations. It is more practical in nature.
    Since autonomous business schools have freedom to change
    syllabus, the PGDM programme will be structured in a manner
    most suitable to the real business environment.

    However, the fact is that the industry treats MBA and PGDM
    graduates in an equal manner. Even in the global job industry,
    same treatment is given to MBA and PGDM graduates. In fact,
    the industry is concerned more with the skill set of the students
    rather than the degree. Hence doing either MBA or PGDM will
    have the same impact on your career. Your starting salary will
    depend more on the reputation and brand name of your
    college/business school and not on the degree name. Hence
    you must carefully choose your college/business school if you
    want to pursue an MBA or PGDM.

    Research and Higher Education after MBA/PGDM:

    You must note that not all Universities/Institutions accept PGDM as


    a Masters equivalent for admission into their Ph.D programs. You
    will be eligible for Ph.D, if you complete MBA or you complete
    PGDM from AICTE (All India Council for Technical Education)
    approved institutions.

    Hence, if you wish to pursue Ph.D after MBA, you must make sure
    that you have either an MBA degree or a PGDM from AICTE
    approved institutions. If you wish to pursue your Ph.D abroad, it is
    always better to complete an MBA degree from any reputed
    college or university.

    Therefore, whether you do an MBA or a PGDM, you will be entitled


    to the same benefits. Make sure you choose your college/
    business school carefully and you go through the syllabi of various
    institutions before you make a decision.

    Thank You

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