Which course has better scope and good salary prospects among MBA and PGDM?
Asked by Deepak Agarwal
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2 Answers
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PGDM is an Institute 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 PGDM sin...more -
Both MBA and PGDM are similar degrees. Placement does not depend on the degree but on college's rank, reputation, earlier placement records, alumni network, etc. IIMs offer PGDM but are best for career growth particularly legacy IIMs. FMS, Delhi University awards MBA and its placement is on par with IIMs. Jamana Lal Bajaj Institute of Management awards MMS and its students also get excellent jobs.
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