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MBA offers a degree with theoretical knowledge, while PGDM provides a diploma with a practical focus.
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Authored by, Amay Mathur | Senior Editor
Amay Mathur is a business news reporter at Chegg.com. He previously worked for PCMag, Business Insider, The Messenger, and ZDNET as a reporter and copyeditor. His areas of coverage encompass tech, business, strategy, finance, and even space. He is a Columbia University graduate.
PGDM vs MBA: When choosing a management course, many aspirants wonder about the difference between MBA and PGDM. Both courses aim to equip students with essential business and management skills. However, the key distinction lies in their certification. An MBA long form, Master of Business Administration degree course offered by universities and must be UGC-approved. In contrast, a Post Graduate Diploma in Management (PGDM full form) is a diploma course provided by autonomous institutions and does not require UGC approval.
Despite this difference, both courses share a similar curriculum and duration of two years. In the job market, there’s little distinction between the two, though some employers may prefer a degree over a diploma. Therefore, understanding the difference between MBA and PGDM can help you choose the course that aligns best with your career goals.
When exploring management courses, understanding the difference between MBA and PGDM is essential. Both programs equip students with business and management skills but differ in structure, recognition, and approach.
An MBA (Master of Business Administration) is a degree program offered by universities or colleges affiliated with universities and accredited by the University Grants Commission (UGC).
A Post Graduate Diploma in Management (PGDM full form) is a diploma program offered by autonomous institutions approved by the All India Council for Technical Education (AICTE).
When doing PGDM Vs MBA, one will find a lot of similarities between the two courses. Some of these similarities are as follows –
There is no PGDM and MBA Difference in terms of course duration. Both of these are 2-year courses.
The primary goal behind pursuing any diploma or degree course is to get better jobs. Both PGDM and MBA course provides excellent placement in managerial roles. And most of these jobs are high-paying ones.
The basic eligibility criteria for the MBA and PGDM course details are listed below.
To get admission to PGDM and MBA programs one needs to pass entrance exams. Some of these tests are CAT, GMAT, MAT, XAT & CMAT. This means one can’t do PGDM Vs MBA based on entrance tests.
There are various job opportunities after the PGDM or MBA degree certificate. Most of these jobs are managerial posts and one gets to lead a team. Many individuals choose MBA after engineering to transition into management field, increase their job prospects or boost their salary.
When considering management courses, many students compare PGDM vs MBA to choose the best fit. While both courses enhance management skills and offer similar job prospects, they differ in aspects like degree recognition, syllabus, fees, and curriculum design. Understanding the difference between MBA and PGDM is crucial to make an informed choice.
Understanding the difference between MBA and PGDM is crucial for management aspirants. While both programs prepare students for leadership roles, they differ in terms of structure, recognition, curriculum, and cost. Here’s a comprehensive PGDM vs MBA comparison to help you make an informed decision.
Parameters | PGDM (Post Graduate Diploma in Management) | MBA (Master of Business Administration) |
---|---|---|
Full Form | Post Graduate Diploma in Management | Master of Business Administration |
Offered By | Autonomous institutions (AICTE-approved) | Universities and affiliated colleges (UGC-approved) |
Type | Diploma | Degree |
Duration | Typically 2 years (varies by institution) | Typically 2 years (varies by university) |
Affiliation | Offered by autonomous institutes (not affiliated with universities) | Offered by universities or university-affiliated colleges |
Approving Authority | AICTE, Ministry of HRD, Govt. of India | AICTE, Ministry of HRD, Govt. of India, with UGC approval at the university level |
Curriculum Design | Flexible, industry-oriented, updated frequently | Standardized, designed by universities, updated less frequently |
Focus | Practical learning, case studies, and industry exposure | Theoretical and academic concepts |
Course Content | Focuses on skill-based, practical learning relevant to industries | Emphasizes theoretical knowledge with some practical elements |
Pedagogy | Case studies, experiential learning, interactive sessions | Primarily lectures, theoretical input, and case studies |
Internship | Strong emphasis on internships and industry projects | Internships encouraged but less emphasized |
Cost | Generally higher, especially in private institutes | Usually lower, especially in government universities |
Placement Trends | Depends on the institution, often better in top PGDM institutes | Depends on the institution, good in reputed MBA colleges |
Admission Process | Through entrance exams like CAT, MAT, XAT, GMAT, or institute-specific tests | Primarily through national exams like CAT, GMAT, GRE |
Accreditation | Approved by AICTE, and sometimes by global bodies | Approved by UGC, and often accredited by global bodies like AACSB, AMBA, EQUIS |
Examination Process | Conducted by the autonomous institution | Conducted by the university |
Recognition | Recognized in India, but international recognition may vary | Globally recognized postgraduate degree |
Global Recognition | May vary depending on the country and institution | Widely recognized and accepted globally |
Job Prospects | Focused on industry-specific roles in management | Opens doors to a wide range of managerial roles |
Flexibility | More flexibility in designing courses and electives | Structured with limited flexibility |
Innovative Practices | Multidimensional teaching methods, including simulations and case studies | Limited innovation due to university-fixed curriculum |
Ranking Trends | 90% of top 100 institutes are PGDM institutes like IIMs, XLRI, MDI, etc. | Around 10% of the top 100 institutes are MBA colleges like FMS, NMIMS |
Validity | Considered equivalent to an MBA for employment and higher studies | Recognized as a postgraduate degree worldwide |
Eligibility | Graduation with 50% (45% for reserved categories) | Graduation with 50% (45% for reserved categories) |
Equivalence | Equivalent to MBA from Indian universities for PhD, UGC NET, etc. | Directly recognized as a postgraduate degree. |
Selecting PGDM vs MBA is crucial for shaping your career path. Here’s why making the right choice matters:
Understanding the difference between MBA and PGDM helps in making an informed decision that aligns with your career aspirations.
Both MBA and PGDM are valuable for building a successful career in management. Your choice should depend on your career aspirations, preferred learning style, and financial considerations.
Related Read: Salary after MBA
India hosts some of the most prestigious institutions offering MBA and PGDM/PGP programs. The Indian Institutes of Management (IIMs) primarily offer MBA or PGP (Post Graduate Program) courses, while top private institutes like XLRI, MDI, and SPJIMR provide Post Graduate Diploma in Management (PGDM full form) programs. The choice between MBA and PGDM depends on personal preferences, career goals, and the type of curriculum—MBA is more structured and degree-based, whereas PGDM is industry-focused and diploma-based.
College Name | Course Offered (MBA/PGDM/PGP) |
---|---|
IIM Ahmedabad | MBA |
IIM Bangalore | MBA |
IIM Calcutta | MBA and PGDM |
IIM Lucknow | PGP |
IIM Kozhikode | PGP |
IIM Indore | PGP |
IIM Shillong | PGP |
IIM Ranchi | MBA |
IIM Rohtak | PGP |
IIM Bodh Gaya | PGP |
IIM Visakhapatnam | PGP |
IIM Trichy | PGPM |
IIM Jammu | MBA |
IIM Kashipur | MBA |
IIM Sambalpur | MBA |
IIM Udaipur | MBA |
IIM Amritsar | MBA |
IIM Nagpur | MBA |
IIM Raipur | PGP |
IIM Sirmaur | MBA |
XLRI Jamshedpur | PGDM |
MDI Gurgaon | PGDM |
SPJIMR Mumbai | PGDM |
NMIMS Mumbai | MBA and PGDM |
IMT Ghaziabad | PGDM |
IIFT Delhi | MBA |
FMS Delhi University | MBA |
JBIMS Mumbai | MBA (Master of Marketing Management – MMM) |
Symbiosis International Deemed University | MBA and PGDM |
IIT Delhi – Department of Management Studies | MBA |
IIT Bombay – Shailesh J. Mehta School of Management | MBA |
IIT Kharagpur – Vinod Gupta School of Management | MBA |
IIT Roorkee – Department of Management Studies | MBA |
IIT Madras – Department of Management Studies | MBA |
IIT Kanpur – Department of Management Studies | MBA |
IIT-ISM Dhanbad | MBA |
IIT Jodhpur | MBA |
Choosing between an MBA or PGDM depends on your career aspirations, desired curriculum flexibility, and the type of industry exposure you seek.
Whether students are pursuing PGDM or MBA, one constant question that worries them is what should be the next step? How will they get a reputable job or designation in a good company?
There are multiple career options after an MBA in India. When considering post-MBA employment prospects, students should consider making a list of the industry they want to work in. They should do a proper analysis of these industries and create a list of pros and cons. One should consider factors such as the job description, skills needed for the job, prospects, and PGDM vs MBA salary.
Job Role | Top Job Opportunities After MBA | Top Job Opportunities After PGDM |
---|---|---|
Investment Banker | In high demand, focuses on connecting investors with organizations and managing funds. | Not typically a direct role for PGDM, but possible with PGDM in finance specialization. |
Salary Scale | Some MBA graduates choose to start their businesses, utilizing strategic knowledge and business acumen. | N/A |
Data Analyst | Rising demand due to technological advancements and digitalization in various sectors. | PGDM in Data Analytics or Business Analytics can lead to this role. |
Salary Scale | INR 1.8 – 11.7 lakhs p.a | INR 2.5 – 8 lakhs p.a (depends on specialization) |
Management Consultant | Involves problem-solving and helping organizations improve. High salary potential. | PGDM graduates with strong problem-solving and strategic skills can pursue this role. |
Salary Scale | INR 8.4 – 35.8 lakhs p.a | INR 4 – 12 lakhs p.a |
Human Resource Manager | Manages HR functions like recruitment, employee relations, and organizational development. | PGDM graduates specializing in HR can take up this role, with a focus on recruitment, training, and employee engagement. |
Salary Scale | INR 3 – 18 lakhs p.a | INR 2.5 – 8 lakhs p.a |
Information Technology Manager | Manages the IT operations and strategies of a company. High demand in the tech sector. | PGDM graduates with a focus on IT or technology management can pursue this role. |
Salary Scale | INR 3.2 – 25 lakhs p.a | INR 3 – 10 lakhs p.a (depends on experience and specialization) |
Accountant | Typically not a post-MBA role, but possible for those with finance specialization. | A common job after PGDM in finance, managing company finances and ensuring profitability. |
Salary Scale | INR 3 – 10 lakhs p.a | INR 0.8 – 6 lakhs p.a |
Financial Analyst | Involves evaluating financial trends and making investment decisions. High demand in the finance sector. | PGDM graduates with a finance specialization can also take on roles such as financial analysts or financial consultants. |
Salary Scale | INR 2.5 – 10.5 lakhs p.a | INR 2.1 – 10.5 lakhs p.a |
Business Advisor | Provides strategic advice to businesses for growth and development. | PGDM graduates can become business advisors for organizations, using their business knowledge and expertise. |
Salary Scale | INR 5 – 25 lakhs p.a | INR 1.5 – 18.4 lakhs p.a |
Entrepreneur | Some MBA graduates choose to start their own businesses, utilizing strategic knowledge and business acumen. | PGDM graduates can also pursue entrepreneurial ventures, with a focus on business management and operations. |
Salary Scale | Variable, depending on business success. | Variable, as income is dependent on business success. |
Brand Manager | Involves managing brands, product services, and market trends. | PGDM graduates, especially those specializing in marketing, can pursue brand management roles. |
Salary Scale | INR 5 – 20 lakhs p.a | INR 5 – 12 lakhs p.a |
Also Read: Best Post-graduate Courses in India after Graduation
Choosing between an MBA and a PGDM depends on your career goals, learning preferences, and future aspirations. If you prefer a flexible, industry-focused curriculum with hands-on learning, a PGDM may be the right fit. However, if you value a globally recognized degree with a structured academic framework, an MBA could be the better option. Here’s a quick comparison of PGDM vs MBA to help you decide:
Choose PGDM If… | Choose MBA If… |
---|---|
You prefer a flexible curriculum that’s frequently updated. | You value a globally recognized degree with formal validity. |
You’re interested in developing industry-specific, practical skills. | You focus on gaining strong academic and theoretical knowledge. |
You aim for corporate roles that require hands-on experience. | You’re considering further academic studies or government roles. |
You enjoy learning through projects, internships, and real-world exposure. | You prefer a structured, academic approach to learning. |
You seek networking opportunities with industry leaders. | You want to build a broad business network through alumni and academic events. |
Understanding the difference between MBA and PGDM is essential for choosing a program that aligns with your career goals and learning style.
Subject matter experts are becoming highly popular because many platforms are looking for subject specialists who can guide their students in a better way. Chegg is one such platform that aims to provide quality education to students and is a great portal for people looking to become subject matter experts.
These experts are expected to follow quality parameters specified by Chegg and make sure that their platform guidelines of answering are precisely followed while upholding academic virtue. With a PGDM or a management degree, one can be an expert in the managerial field. They can share their knowledge with a wider audience and create a peer group. By becoming a Q&A expert at Chegg, one can earn money by answering questions from students worldwide.
After reading the above description, the PGDM and MBA Difference should be clear to any candidate pursuing any of these courses. While newbies may find it difficult to choose the best suitable course, one thing they should remember is to analyse the key features of the PGDM and MBA Difference. And based on that, pick up the course that can help provide ideal career growth depending on the individual’s interests. The difference between the MBA and PGDM lies in PGDM’s industry-oriented approach and flexibility versus MBA’s standardized, globally recognized curriculum.
However, if someone wants to be a subject matter expert at Chegg and get a flexible job they should sign up today. With this job, one can gain global academic exposure and meet experts from diverse fields and have a great career trajectory.
Ans. In India, both MBA and PGDM are given equal value when it comes to jobs. So the answer is no, both the courses are of equal value. Salary may vary depending on your skills and knowledge. After completing your degree course, you can take up an internship and training to gain some experience.
Ans. A student gets a higher average salary for an MBA than after doing PGDM. The average salary after MBA is INR 21 lakhs p.a. Whereas, after PGDM, one gets an average annual salary of 12.9 lakhs p.a.
Ans. Yes, but there is a basic point that stands out in PGDM Vs MBA comparisons. The PGDM course is an industry-oriented one while an MBA is a theoretical degree.
Ans. Yes, the PGDM course is more difficult than MBA. The PGDM institutes are self-driven and therefore, they work hard on their students to get them placed at a good job.
Ans. Yes, you can pursue both PGDM and MBA. Some professionals start with a PGDM for practical skills and later pursue an MBA for further specialization. Consider your career goals and the added value of each program before deciding.
Ans. A PGDM offers diverse career opportunities in fields like finance, marketing, operations, and human resources. Graduates can also explore roles in management consulting, corporate leadership, or entrepreneurship, making it a versatile choice for aspiring business professionals.
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Chegg India does not ask for money to offer any opportunity with the company. We request you to be vigilant before sharing your personal and financial information with any third party. Beware of fraudulent activities claiming affiliation with our company and promising monetary rewards or benefits. Chegg India shall not be responsible for any losses resulting from such activities.