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MBA has a predefined syllabus provided by the universities and the syllabus changes seldom.
PGDM is offered by an autonomous institution and the institutes make their own syllabuses according to the market trends.
Both the courses have their own values and carry their own prospects. You will not face any difficulty during the time of getting job if you have any of these degrees, But MBA is the name that everyone knows and a few don't even know that PGDM exists. But I can assure you that both are equivalent with respect to superiority.
Personally I prefer MBA, everyone has their own choice. But please choose your specialization according to what you want to become in your life. Don't take your decisions with affect from your friends, community, market conditions, etc.

Today a journalism as a career stands not only for a prestigious profession but also for a challenging career option. Journalists play a key role in the growth of any nation. The core purpose of journalism is to inform, educate and enlighten the masses on various issues revolving them. With the growing numbers in the communication channels, the numbers of audiences have also increased at a huge rate. Presently in India, journalism has become a prestigious career choice for many students. Journalism is a challenging field and it is playing a key role in the development of the nation. There are a number of good colleges from where you can opt for Mass Communication Courses that have fair placement no. Too. Like :
Symbiosis Institute of Media and Communication
AJ Kidwai MCRC, JMI
Indian Institute of Mass Communication, New Delhi
Lovely Professional University, Punjab. Department of Media Studies, Christ University
Film and Television Institute of India, Pune
LPU is one of India's best Journalism and Animation colleges in Punjab, LPU Journalism, and Mass Communication Discipline empowers and nourishes creative minds with its methodical curriculum that encompasses every aspect of the industry including film-making and production, investigative journalism, animation films, and more. Workshops, Guest lectures, and exposure to live projects are an add-on to our curriculum that gives the students an insight into print, media, journalism, animation, multimedia, graphic design, and film production. There curriculum is Internationally accepted degree with one year foundation programme in Design. All round exposure in production design, camera, editing, and direction. Exposure to feature film and documentary making for careers in production houses, TV channels and film industry.