Can you provide details about PGDM, PGDM (HRM) & PGDM (B&FS)? What is the major difference between all of them?

PGDM is a general management program where you study subjects of all areas in the first year. In second year, you get to choose electives of any area of your choice. This can be from finance, marketing, operations, etc. PGDM- BFS is a core finance program where in you are taught core finance subjects right from its inception. However, you can take electives of other areas too. So, basically, people who have preset mind about their interest areas can decide their courses and opt accordingly.

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In first year, all three courses have almost similar subjects. However, some specific subject like labour laws is specially for HR and bank management is only for BFS. For PGDM one is given an option to choose a major (finance, marketing, operations) in second year. However, BFS is majorly taught finance though the students are allowed to take electives of marketing and operations as well. HR students are taught all labour laws, employee benefits etc. So PGDM gives you a flexibility to choose, BFS prepares you only for banking section i.e; majorly finance and HR is taught related to human resource.

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The first year of both PGDM and PGDM-BFS cover similar subjects, with some specialized topics such as labour laws for HR and bank management for BFS. However, in the second year of PGDM, students can choose a major in finance, marketing, or operations, while PGDM-BFS is mainly focused on finance but still allows for electives in other areas. In contrast, PGDM HRM students in PGDM are taught all aspects of human resources, including labour laws and employee benefits. Therefore, PGDM offers greater flexibility to students in choosing their area of specialization, while BFS is designed specifically to prepare students for careers in banking and finance. Ultimately, students should consider their career goals and interests to decide which program is best suited for them.

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