What are benefits of PGDM for an Entrepreneur?

12 Views | Posted 3 years ago

Asked by Akshay Waghmare

1 Answer

Answered by

Akanksha Shinde | Contributor-Level 10

3 years ago

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In addition to being a practical industry sensitive course, the PGDM has offered more focused subjects. It also has a shorter course period and a lot cheaper than an MBA. As it was focused more on working professionals the course intends to add and enhance their skills. It can also get you a raise in your current job while some companies like Deloitte and Amazon can offer a significant hike in salary based on your profile, skill, and experience. It also enhances your arsenal of skills and can also help with building up the network with individuals within the same fields during the course. It is not only for the working professionals but also for the freshly graduated students and budding entrepreneurs who yearn to enter the business industry with a ready set of skills and experience. Students don't need to be from the management stream or course to do a PGDM but are only required to have passed with a minimum of 50% in their graduation degree. It helps them train in the course of 2 years and if the course is done from a prestigious institute like Lexicon Miles or IIM, there is the insurance of better placement and skills and a proper authentic certification rather than having a risk of fraudulent courses in some colleges. It opens up to a package of INR 3- 12 Lacs and a few of the positions offered are System Analyst, Chief Human Resources Officer, Finance Controller, Business Analyst, and Assistant Manager, so freshers also have a huge scope in the industry after this. It can also help the people who are going to succeed in their family business. It can help them build up and improve the systems of their business and their network. It can also enable them to understand outdated trends still followed by their traditional or family-run business. 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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