PGDM or Post Graduate Diploma in Management is a management diploma program offered by various business schools and management institutes. Post Graduate Diploma in Management courses provide students with a comprehensive knowledge of management and various business principles, preparing them with leadership skills.
The Post Graduate Diploma in Management course covers different topics, such as marketing, finance, human resources, and operations management. Candidates completing the Post Graduate Diploma in Management courses are offered diplomas instead of degrees. Post Graduate Diploma in Management courses are offered by AICTE-approved institutes/universities or autonomous B-schools. Whereas, institutes that are approved by UGC offer MBA degrees. Once graduated, candidates who have pursued PGDM courses can opt for job profiles such as Public Relation Officer, Content Developer, Editor, etc.
The average salary range that a graduate with a Post Graduate Diploma in Management course can earn ranges between INR 5 LPA to INR 15 LPA. The basic eligibility criteria required to pursue a Post Graduate Diploma in Management course is that of candidates having cleared their graduation across any discipline (preferably from commerce or management background) with an aggregate score of 50% or above or equivalent CGPA from a recognized university. Post Graduate Diploma in Management Admission is mostly based on various management entrance exams like MAT, CAT, XAT, and SNAP.
Exam date: PGDM
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Eligibility Criteria for PGDM
Post Graduate Diploma in Management eligibility criteria vary from one college to another. Students must secure a minimum of 45 per cent in the bachelor's degree programme from a recognised university.
Students must have a bachelor's degree from a recognised university in any discipline. Graduates with a Bachelor of Business Administration (BBA) have an advantage, as they have a basic understanding.
A bachelor's degree is necessary, with a minimum of 45 per cent marks. Though the percentage varies from one college to another.
Candidates must pass an entrance exam as well as a personal interview, as well as meet the requirements of the institute.
Fee for PGDM
Due to an upsurge in the demands of Post Graduate Diploma in Management courses, there are different options available for the students to choose from the different types of PGDM courses offered. For example, a Professional who wants to pursue a PGDM course to move up the ladder in the organization can opt for PGDM Distance course or PGDM Online course whichever may be suitable for him/her.
Types of PGDM
Eligibility
Admission
Fees
Full Time
Bachelor’s Degree with 50% marks
For IIM 60% marks
Entrance Based
INR 4,00,000 – 10,00,000
Online
Bachelor's Degree
Merit Based
INR 10,000 – 15,000
Distance
Bachelor's Degree
Entrance Based
INR 30,000 – 50,000
Preparation Tips for PGDM Admission
Research and Understand the Program: PGDM
Gain a thorough understanding of the Post Graduate Diploma in Management program structure, curriculum, and specializations offered by the respective institutions.
Check Admission Requirements: PGDM
Review the admission criteria, eligibility requirements, and any specific entrance exams required for Post Graduate Diploma in Management programs.
Prepare for Entrance Exams:
Identify the entrance exams required for PGDM admissions (e.g., CAT, MAT, XAT) and prepare accordingly. Practice previous years' question papers to familiarize yourself with the exam pattern.
Brush Up on General Knowledge:
Stay updated on current affairs, business news, and general knowledge as these topics are often included in entrance exams and interviews.
Enhance Quantitative and Analytical Skills:
Focus on improving your quantitative and analytical skills, as these are essential for management studies. Practice mathematical problems and data interpretation regularly.
Develop Communication Skills:
Work on improving your communication skills, both written and verbal, as effective communication is crucial in the business world.
Prepare for Personal Interviews:
Anticipate common interview questions related to your academic and professional background, career goals, and knowledge of the business world. Showcase your leadership qualities, problem-solving skills, and ability to work in a team.
Create a Strong Resume: PGDM
Develop a comprehensive and well-organized resume highlighting your academic achievements, work experience, internships, and extracurricular activities.
Seek Professional Guidance:
Consult with mentors, career counselors, or professionals in the field to gain insights into the PGDM application and interview process.
Prepare for Case Studies:
Familiarize yourself with business case studies and practice analyzing and solving them. Understand how to approach real-world business problems strategically.
Stay Informed about the Industry:
Demonstrate your knowledge of the business environment by staying informed about industry trends, market dynamics, and global economic conditions.
Network with Alumni: PGDM
Connect with alumni of the Post Graduate Diploma in Management program or the business school to gain valuable insights and advice about the admission process.
Prepare a Statement of Purpose (SOP):
Write a compelling SOP that highlights your academic and professional journey, your motivation for pursuing PGDM, and your career aspirations.
Dress Professionally:
Dress appropriately for interviews, keeping in mind the professional environment of the business school.
Stay Calm and Confident:
Maintain composure during the admission process, and exhibit confidence in your abilities and aspirations.
Conclusion
Among graduate students, PGDM courses rank as some of the most demanding courses. They are developed by combining different disciplines to adapt to the industry’s ever-changing needs. PGDM courses require students to build leadership skills, enhance decision-making abilities, and refine critical reasoning through classroom lectures, role plays, guest lectures, business excursions, and personality development programs.
These courses provide students with in-depth knowledge and update them according to market trends. Additionally, they focus on personality development, preparing students for the industry. PGDM courses are highly sought after as they shape the careers of freshers and facilitate placements with attractive packages. Industry experts design the syllabus of PGDM courses to nurture future leaders in line with current market demands. Graduates of PGDM programs have promising career prospects as they can enter various industries and secure employment with top multinational companies.
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