Are PGDBA and MBA same? Do they offer same career prospects?

Masters in Business Administration (MBA) is two years degree course in the field of management. In India, MBA degree can be awarded by any recognized university or by a Business School affiliated to any university. Post Graduate Diploma in Management (PGDM) or PGDBA is a two-year Diploma course offered by the institutes that are recognized by the All India Council for Technical Education (AICTE) and which are autonomous and are not affiliated with any university. It is not mandatory that a PGDM is equal to MBA. PGDM institutes accreditation by Association of Indian Universities (AIU) makes an institute's PGDM course equivalent to an MBA. There are a large number of similarities between the curriculum of both MBA and PGDM. An MBA institute follows a fixed curriculum as it will be based on the university guidelines which occasionally may not be aligned to industry requirements. Autonomous institutes do not follow university standards, so it has the flexibility to align its curriculum according to industry standards and change in the business environment. Pursuing PGDM from IIMs, XLRI etc. is having more value than MBA. However, MBA of FMS DU, IIFT etc. have similar value as that of IIMs. Students are advised to choose an institute based on its ranking, not on the nomenclature of degree.

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