What is the difference between PGDM and MBA? Do both the programmes have same weightage in terms of salary and value?
Asked by Tauseef Elahi
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1 Answer
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Hi,
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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