What is the basic difference between MBA and Post Graduation Diploma? Are they equally significant?
Does PG have equal significance as compared to MBA?
Asked by Omkar More
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2 Answers
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PGDM is an institute based autonomous program which is approved by AICTE.
MBA is a program which is affiliated to a university.
Colleges which offer AICTE approved courses will also offer PGDM not MBA, for example XYZ College is affiliated to ABC University they offer MBA course affiliated to that University, the same college is offering AICTE approved course it means they are offering PGDM which is not linked to ABC University.
Typically if any PGDM is to be equivalent to MBA then the course duration should be 2 years, a 1 year PGDM will not be equal to MBA course.
Even IIMs, XLRIs doesn't offer MBA degrees they only give PGP Diploma or P...more -
The main difference between MBA and PGDM is that MBA is a degree and is offered by universities, whereas, PGDM is a post-graduate diploma offered by AICTE approved institutes.
Indian universities come under the University Grants Commission (UGC) and can, therefore, award degrees like the MBA degree, also known as MMS in Mumbai. Universities follow the UGC format for course content. On the other hand, reputed management institutes design their courses based on industry feedback and business relevance. They are not covered under the UGC.
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