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You can get your answer for "why not PGPM" as follows:
PGDM VS MBA:
The curriculum of MBA course is more inclined towards offering theoretical knowledge while PGDM programs offer students with greater industrial exposure.
MBA programs lags behind PGDM programs in terms of adapting and adopting. The curriculum of MBA programs largely depends on university while PGDM programs being offered by autonomous body/institute design its own curriculum and thus enjoys the flexibility to constantly update the curriculum as per industry requirements through its industry-integrated approach.
The curriculum of MBA programs along with teaching methodologies are not updated as per industry requirements. However PGDM programs meet industry requirements. Thus students possessing PGDM degrees are more likely to grab hot job opportunities with the essential experience and knowledge. Hence PGDM programs offers fast-paced career growth as compared to MBA programs and turns out to be the intelligent choice between the two.
PGDM vs PGPM
PGDM and PGPM are two different courses. PGPM is an award program and not a degree; and is not an AICTE recognized course. It is not offered by an AICTE approved institution and a student who pursues a PGPM will not qualify for higher studies like PhD since PGPM is an award program and not a degree. A PGPM Course may be of any duration and is offered at the Institute level; whereas PGDM courses are of 2-years duration. They are designed by integrating current management theories with industry specific perspective and allow students to go for higher studies.

Scope in Various Sectors:
Actuaries have key roles in many business as well as social contexts. They are:
Health Insurance
Vehicle Insurance
Life Insurance
Employee Retirement and Benefit Plans
General Insurances
Investment and Financial Services
A few other sectors that require suitable actuaries are listed below. Asset Liability management in many sectors
Pension Funds
Banks
Project Management
Hospitals
Health care sectors
Education sectors
BPO
Investment firms
Risk Management
Rating Agencies
Actuaries can play the following roles. Risk analysts
Administrating officer
BPO administrator
Actuary Director
Finance consultants in various Insurance sectors
General Officer
Financial Service Executive
Appointed Actuary
Actuarial Analyst
Health care directors/managers/analysts
Accounts manager
Pension Providing administrator other than in Insurance companies
Senior Actuarial Analyst
Asset Liability manager
Financial/Insurance Consultants in IT sector
Insurance risk managers
Assistant Administrative Officer
Scope in Government Insurance Companies
The following insurance companies in the public sector also provide placements for actuaries. New India Assurance Company
Life Insurance Corporation of India
Oriental Insurance Company Limited
National Insurance Company Limited
United India Insurance Company
Scope in Private Firms
A few organisations in the private sector that provide career opportunities for actuaries are listed below. Birla Sun Life Insurance Co. Ltd. Non-Governmental IT Organizations
Max New York Life Insurance
Non-governmental education institutes
SBI Life Insurance Co. Ltd. ING Vysya Life Insurance
Allianz Bajaj Life Insurance Co. Metlife India Insurance Co. Ltd. Scope of Actuaries Abroad
There are many foreign countries like U. K, U. S, Sri Lanka, etc. Offer job opportunities for actuaries in various sectors. Some of the European countries provide very high salary package and good positions for experienced actuaries. Fresh candidates also have great scope abroad.

Here are some tips on how to prepare and appear for the B.A. LL.B. Entrance exam:
1. Understand the exam pattern and syllabus: It is essential to understand the exam pattern and syllabus of the B.A. LL.B. Entrance exam before starting your preparation. You can check the official website of the respective universities or colleges or the prospectus of the exam for the latest updates.
2. Make a study plan: Once you know the exam pattern and syllabus, make a study plan. Plan your time well in advance and give equal importance to all subjects. Make a schedule and allocate time for each subject based on the importance of each topic.
3. Study material: Collect the necessary study materials like textbooks, reference books, previous year papers, and sample papers. Make sure that you use the right study material as it will help you get familiar with the type of questions asked in the exam.
4. Practice previous year question papers: Solving previous year question papers can be a great way to understand the type of questions asked and the exam pattern. It can also help you identify the areas where you need to improve.
5. Take online mock tests: Taking online mock tests can help you prepare for the actual exam and increase your confidence level. There are several mock tests available online that you can take to assess your preparation level.
6. Improve your time management skills: Time management is a crucial factor in any entrance exam. Practice solving questions within the given time frame to improve your speed and accuracy.
7. Stay updated with Current Affairs Stay updated with the latest Current Affairs legal news, and judgments related to the legal field. This will help you in the General Knowledge and Current Affairs section.
8. Take care of your health: Take care of your physical and mental health. Get adequate rest, eat healthy food, and exercise regularly. This will help you stay focused and attentive during the exam. Remember, preparation is the key to success. Keep practicing and stay motivated to achieve your goals.