What is the difference between MBA and PGDM?
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PGDM expands to Post Graduate Diploma in Management, the confusion starts when you see the term Diploma. Many students are of the view that it is a Diploma course and not a Degree, you are right to an extent that it is a Diploma. The main reason why postgraduate courses are named as PGDM is because when an Institute is an autonomous body (meaning it is 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 or PGDM since they are autonomous and independent bodies. Whereas, 2-year management degree expands to Mas...more
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Hi,
MBA and PGDM both are management courses.
MBA stands for Masters in Business Administration whereas PGDM stands for Post Graduate Diploma in Management. These both courses are of equal importance in every term of training, education and placement. If one is doing PGDM course from top management institute, then one can get good amount of package by best companies.
The duration of PGDM course is of 2 years and duration of MBA course is also 2 years.
Many top level institutes including IIM, XIMB, S. P. Jain, etc. are offering PGDM of 2 years. Thus it is proved that there is not much difference between these two terms in case of training,...more -
Hi,
MBA refers to Master of Business Administration, a degree that is conferred on completion of two years management programme. It is granted by a university or an institution that is affiliated to the university. On the other hand, PGDM stands for a Post Graduate Diploma in Management. It is a Diploma course of one or two years and is granted by an institution.
MBA is a degree that is provided by the colleges that are affiliated to a university and these universities are controlled by the University Grants Commissions. PGDM is a Diploma that is provided by the colleges that are not affiliated to any university and the institution func...more -
MBA stands for Masters in Business Administration.
PGDM stands for Post Graduate Diploma.
Both are courses offered for management domains.
Universities like BITS, etc., are allowed to offer MBA course while institutes like IIM, XLRI and NITIE offers PGDM courses.
Specializations like finance, marketing, supply chain management, operations are offered in both the courses.
Moreover, private colleges which are not affiliated to any university and are themselves not a university offer PGDM
There is also an executive MBA and Executive PGDM offered which is for working professionals who are having experience up to 5 years in their domain.
Both the...more -
MBA is a master degree and PGDM is a Diploma. A master degree has more credits, hence it has more value. -
MBA (Master of Business Administration) is a Master's degree while PGDM (Post Graduate Diploma in Management) or PGDBM (Post Graduate Diploma in Business Management) is a Diploma certificate. So, if you get into a b-school that offers an MBA, you get a Master's degree. But, if you get into a B-School that offers a PGDM certificate, it is a Diploma certificate only. MBA degree can be awarded only by universities and colleges that are affiliated to the universities. On the other hand, institutes that are not affiliated to any particular university cannot offer MBA and hence, they have to give you a certificate I. e Diploma certificate. -
The table below summarizes the main features of the MBA and PGDM programs for students interested in management studies. The following table includes key information about course level, entrance tests, course costs, career profiles, and average annual salary:
Parameters
MBA
PGDM
Full Form
Master of Business Administration
Post Graduate Diploma in Management
Course Level
Degree
Diploma
Entrance Exams
Through national and state-level entrance examinations like CAT, MAT, XAT, CMAT, NMAT,
etc.
Through CAT, MAT, XAT, ATMA and some state-level examinations like TSICET, MAH-CET, etc.
Accreditation
All India Council for Technical Education (AICTE)
Validity
Valid Post Graduate Degree.
Valid and equivalent to Post Graduate Degree.
Syllabus
The syllabus is prepared by universities and gets updated less frequently
Syllabus is dynamic, AICTE approved and gets updated frequently as per industry needs.
Course Fee (in INR)
INR 2 lakh to 27 lakh and above
INR 3 lakh to INR 15 lakh
Average Salary (in INR)
INR 5 lakh to 25 lakh per annumINR 5 to INR 15 lakh
Specialisations
Sales and Marketing, Operations, Finance, Human Resources, Digital Marketing, etc.
IT, Operations Management, Business Analytics, Marketing, HR, etc.
Top Job Profiles
Finance Manager, Marketing Manager, Sales Manager, Project Manager, etc.
HR Recruiters, Sales Manager, Public Relations Manager, Research Analyst etc.
Top Recruiters
Boston Consulting Group, Mckinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc.
HDFC Bank, Dell, Myntra, Amazon, Lifestyle etc.
Top Colleges
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, etc.
IIM Indore, IIM Calcutta, XLRI Jamshedpur, etc.
Also Read: How to prepare for MBA?
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Hello
A PGDM is given by a college affiliated to the AICTE whereas an MBA is given only by an independent University. Both are considered equal in India; what matters more is from where is one pursuing it. For example, a PGDM from a top-ranked B-school is any day more valuable than an MBA from an average one, and vice-versa. -
The main difference between MBA and PGDM IS that MBA course is mostly linked to the university that changes the syllabus once in 3-4 years. But PGDM is something that is linked to the college. College usually prepares question papers and does the correction. PGDM syllabus will be updated according to new changes in the field. Some of the private sectors prefer MBA and PGDM during Jobs and many of the government sector jobs prefer MBA. -
MBA is a degree course and PGDM ia a Diploma course, and degree holder have much more options than a Diploma holder in every field.
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