What is PGDBM course?

Hello Asif, PGDM expands to Post Graduate Diploma in Management, while PGP is Post Graduate Program Diploma. And all the confusion starts when you see the term Diploma. Yes, you read it right, this is a Diploma and not exactly a degree in technical terms. The main reason why postgraduate courses are named as PGDM is because when an Institute is an autonomous body (not affiliated to any university) and conducts management courses, then such Institutes cannot offer MBA degree. Even IIMs, XLRIs doesn't offer MBA degrees; they only give PGP Diploma. In purely an Indian context, there is no difference when it comes to how the industry treats PGDM and MBA graduate. If you see, 9 out of top 10 B-Schools in India offer PGDM / PGP and not MBA. This is the testimony to the fact that there is no difference between the two in India. Career growth is same in both and to be true career growth is dependent on individuals performance and not on the name PGDM or MBA. Starting packages are dependent on college's name and brand, not whether it offers MBA or PGDM and that is why you see most of the top BSchools in India offer PGDM/PGP and only couple of colleges offering MBA degree compete with them. Let us divide the analysis in global context in two parts: Jobs perspective and Higher Education (like Ph.D or double MBA) perspective. From job perspective, there is no difference even in global arena, especially if you are coming from a reputed B-School of India. What matters more is the brand perception of institute, alumni base and how the respective industry treats your institute. Name of degree, MBA or PGDM doesn't matter. However, when we talk from the perspective of higher education; yes there is a difference and having an MBA degree helps you a bit more as compared to having a Diploma (PGDM / PGP). Though, the difference is miniscule of just a point or two when it comes to the evaluation of your application form for higher education as MBA gets you marked against Masters Degree while PGDM/PGP gets you marked against Masters-Diploma. So, if you are not looking for higher studies, then whether you have MBA or PGDM doesnt matter. What matters is you are coming from which college, its industry perception and similar aspects. All the best!

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It is Post Graduate Diploma in Business Management and is considered equivalent to MBAs only if done from a reputed institutes like IIMS , XLRI, ISB, FMS etc.

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