Why is the PGDM fees more than MMS? What difference is there in these courses offered ? Does PGDM ensure a student is industry ready?

PGDM is a postgraduate diploma program which is given by stand alone / Autonomous Institutes which come under the jurisdiction of AICTE like XLRI, SP Jain etc. The MMS course is affiliated to University of Mumbai. There is no difference in terms of placement in PGDM and MMS. In fact, PGDM and MMS st