How can you become an entrepreneur with PGDM?

The world is growing with the global market fast advancing like a cheetah hunting in the prairies. The introduction of globalization and the world market has encouraged businesses to boom into millions or fall into bankruptcy, with the addition of a new competitor with a new edge every minute. New entrepreneurs to senior and experienced businessmen rise and fall every day. The difference in them is their practical skill and knowledge being used in the real world, as a person can only go so far with theoretical concepts or a mild understanding of the industry and the individuals field. A budding entrepreneur and working individual need to gain theoretical knowledge and practical skills to grow their business. Such skills can be acquired at the university level through management programs. Students in India have two different routes in this regard MBA or PGDM. Most of the time these courses are mistaken to be similar, but they are not similar titles and have different approaches as well. Both are a different approach to the business industry and both are very accredited in the industry. The Business management industry is a very dynamic sector and it changes trends now and then. Students and working professionals are meant to be up to date with these trends. They can implement them into their work and in turn into their business. In the case of MBA, the curriculum is uniform and theoretical based for all institutes across India. Since the universities regulate the curriculum there is a delay in its revision of the syllabus and it has to be kept theoretical for the students to be taught a broad spectrum of subjects. Most of the time the core curriculum and the elective subjects will be the same in two colleges remaining same year by year. In the case of PGDM, the curriculum is autonomous and hence changes as required by the industry trends. Different colleges can also offer different electoral and supplementary courses. The curriculum is industry-based. It imparts soft skills based on the changing demands of the industry. It intends on making its students industry-ready. Lexicon MILE was established in 2009. The total number of students in the Lexicon Group of Institutions is more than 10,000. Lexicon Management Institute of Leadership and Excellence has state-of-the-art teaching aids and the Innovation & Incubation Centre to promote entrepreneurship and start-up culture.

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