On the other hand, MBA degrees programmes are conducted by the universities, with lower chances of fraudulence. In the majority of the MBA courses; the curriculum is formulated by the university and therefore is pretty rigid in that sense. So, the core syllabus is expected to be the same in two different MBA colleges recognised by the same university.
On the flip side, PGDM courses are designed by an institute individually, which leads to more flexibility in the curriculum. Even various changes are made in the syllabus every year by changes in the industry. Therefore, colleges offering a PGDM programme are expected to be more suitable and aligned with the trends in the corporate world.
The core subjects of both courses, i. However, the experts claim that the MBA programmes are more focused on the technical and theoretical aspects related to management rather than the adoption of practical knowledge. On the other hand, PGDM courses are more focused on the industry and its practical knowledge.
This course is designed to develop the skills needed in the current market. PGDM course is, therefore, more helpful for the students to develop practical marketing skills with the consideration of industrial perspectives. Now, this is certainly one of the major factors for differentiating both the courses, i.
One of the reasons behind it is that most of the MBA offering colleges are approved by the government. Hence, they get good financial support from the government and consequently getting the degree is more economical for the students.
But in the case of PGDM, the candidate has to bear all the cost for the entire program as there is no financial support offered to the college by the Government.
However, this not a rule, since you will find many MBA programmes with high tuition fees as well. The curriculum is in accordance to the latest developments and has a more practical approach. PGDM lets you specialize in your areas of interest. A major and a minor specialization gives you an edge over other candidates. Students areexposed to the real-time business world through rigorous classroom studies, meetings with top business leaders and management internships. This helps the students to get comfortable with the business environment and makes them job ready.
In institutes offering PGDM, the faculty are more qualified and bring the latest corporate learnings unlike in MBA colleges which have outdated rules of universities which restrict this aspect of the spectrum. The answer is simple:. We then come to the inference that maybe we should always go for an MBA because it will have more value.
This conclusion arises because of the taboo around the word "Diploma" which in Indian context is not considered equivalent to a degree. But one surprising fact missed out by almost everyone is that there are major renowned colleges that are autonomous, not affiliated to any college and provide PGDM or PGP.
These institutions never offer MBA instead they offer Diplomas in Management but they are the most sought after colleges in India for management courses. However, the word Diploma also has a stigma attached to it in India. Planning to pursue an MBA? Check out our article on why you should pursue an MBA and is it really worth it? But after the passing of the IIM Act , they were termed newly as institutes of national importance and made eligible for awarding degree courses. In the table below, we have compared MBA vs.
PGDM on 6 different parameters that should give you clarity about their compatibility with your needs. Even though there might be few differences in the way these courses — MBA and PGDM are designed, the objective is ultimately to make the student ready for Industry.
But caution needs to be maintained while getting admission to PGDM courses. Are you planning to take the GMAT?
We can help you with a personalized study plan and give you access to quality online content to prepare. The difference in average salary while comparing MBA vs.
Various data points were presented and compared for these two courses. However, despite several differences between both the courses — MBA and PGDM, the major influencing factor is the institute providing them.
0コメント