How MBA differs from PGDM?

Confused between MBA and PGDM course? Both these courses provide you best career options in your future. Most of the students are in dilemma that whether to choose masters or diploma or which one has a good career life. To increase your confusion some business schools claims that MBA and PGDM are equivalent. In order to know the difference you should first know what is MBA and PGDM individually. Then you can easily get to understand how MBA is different from PGDM.

What is MBA?

MBA stands for masters of business administration. It is always preferred to have a master's degree after bachelor's degree. MBA is preferred over other master degrees since it is quite easy as compared to other master degrees. MBA is a two year programme affiliated by Indian universities and recognized by UGC. After MBA you certainly have a master's and bachelor's degree which are nowadays required by companies for jobs.

In MBA you learn about companies’ financial techniques, its marketing strategies and finance fields. MBA makes you creative and productive for a company's fruitful future. MBA degree helps you grab highest paying job. MBA has lots of benefits in it then let it be better position, better salary or better career scopes. You get to apply all the theories you learnt in real work situations. If you don't want to work you can even continue for higher studies after MBA. A list of benefits after MBA is given below-

You get a Master's degree.
For research line MBA degree is first preference.
After Master's one can get better career option.
It provides you a holistic view of study programme.
No recognition problems since all the MBA offering colleges are approved by UGC.
MBA helps students in developing business and accounting skills.

What is PGDM?

PGDM stands for Post Graduate Diploma in Management. It is said to be equivalent to MBA but it’s not a degree it is a diploma. PGDM is a one year course after which you can directly take admission into second year of MBA. Many of us ignore it because we see a diploma word used in it. In PGDM faculty members develops your "senior level position" skills for a strong corporate career. In PGDM students are given an industrial exposure, you get to see and learn directly from the industrial members. PGDM are not affiliated to any universities but they are approved by AICTE. Studies of PGDM are almost same as that of MBA but in addition to theoretical subjects your job skills are also taken care and developed.

PGDM has a flexible curriculum.
It gives you specialization in the area of your interest.
It focuses on your job skills as it is industry oriented.
It gives you deep knowledge about business and management techniques followed by industries.

Dr. Kaimkar says, “If you have any MBA degree or PGDM certificate and no knowledge about them your degree and diploma as well will be considered as a mare piece of paper”. So study well as knowledge will decide who you are not that paper.

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