What is the difference between PGDM and MBA?
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PGDM stands for post graduate diploma in management, while an MBA is a master's degree in business administration. MBA degrees are offered by institutes affiliated to universities and PGDM is offered by autonomous institutes such as the IIMs. I was concerned about this as well, but I've learnt that there is no real difference between the 2 programmes and that what matters more is the institute's reputation above all else. I'm reading ICFAI reviews http://youtu.be/i52K6QHFCW8 at the moment and I see that they offer MBA programmes, but I'm reassured by the fact that they have a strong standing in the industry and are quite well-known.
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The difference between a Post Graduate Diploma and Degree will be evident from the expansion of the abbreviations. For higher education opportunities, an MBA will be advisable though PGDM may be considered equivalent in some sectors.
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The main difference between PGDM and MBA is that PGDM is a postgraduate diploma which is given by stand alone / Autonomous Institutes which come under the jurisdiction of AICTE like IIMs, XLRI, SP Jain etc. And MBA is a degree program provided only by Unversities and come under the jurisdiction of UGC like JBIMS and FMS, PUMBA, these B-schools are university depts. of their respective university.
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The best Management Institutes in India offer PGDM. AICTE Approved colleges are very much recognised all around the world. the PGDM program is more comprehensive and application based as compared to MBA. The curriculum and teaching pedagogy is much more rigorous, teaching pattern is more professional and the students are made aware of the actual happenings outside rather than going just by the books. The result are the students who are more employable and who are able to learn fast & perform better. This is the stuff or the quality of students that corporate houses are looking for.
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PGDM programs are offered by private B Schools many of them approved by AICTE and some not approved. Many have a combination of approved and unapproved programs making it difficult to select. MBA programs are offered by Universities and are recognised across the world.
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