I got a call from Asian Business School. They are giving me admission in PGDM. Can you please tell me the difference between MBA & PGDM?

MBA is university awarded. PGDM is deemed institute under AICTE. When both are compared PGDM has more updated syllabus which is required in current scenario for getting jobs.

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I think I can answer your question dear. I see you in the exact same situation, I was a year ago. Do not worry, I will help you. 1) PGDM: - Approved by AICTE. - Autonomous Body (self-funded). - Self-Prepared syllabus and course structure as per corporate demand. - Much of practical exposure and theoretical knowledge as per corporates. - As it is autonomous, competition is high among colleges. So quality and delivery is the main focus. Just like pvt. banks vs. govt. banks. - Exams can be re-appeared as missed due to interviews - Colleges provide you ample number of companies in summer internship and final placements. - PDGM is preferred over MBA due to it's flexibility, ready-to-work in corporate culture and promises better job opportunities. -Placement rates are high as compared to MBA. 2) MBA: - Approved by Universities (UGC). - Funded by State/Central/Universities. - Syllabus prepared by Universities and revised at a gap of intervals. - Focus of fundamentals of theories and old school methods. - As it is run by Universities, it works generally like any typical Sarkari College and they do not have fear of competition. So, quality depends upon your luck and college you are going into. - No flexible exam re-appear process, follows University circular. - No university college cares about your placements unless you have a top university college or a brand - MBA is preferred over PGDM as gives you Degree that enbles you for higher studies like Ph.D. - Placement rates depends upon your college/university Goodwill as well Brand. Suggestion: ABS is great choice among price band of 7 lakhs in Delhi-NCR. Also it ranks well mainly because of placements and exposure it provides. Plus point, additional 4-5 Diplomas will only increase the weight of your CV.

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MBA: A Master in Business Administration (MBA) is a degree course offered by the colleges affiliated to the universities. So, only universities can offer MBA programmes. PGDM: A Post Graduate Diploma in Management (PGDM) is a diploma course offered by the institutes that are recognised by the All India Council for Technical Education (AICTE) and which are autonomous and not affiliated to any university. However, accreditation by Association of Indian Universities (AIU) makes an institute's PGDM course equivalent to an MBA. Difference between the curriculum: Although there are similarities between the curriculum of both, differences exist as well. A student pursuing MBA will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines. A student pursuing a PGDM course will be gaining knowledge regarding building soft skills and the programme is more industry-oriented. An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.

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