PGDM Or MBA Course- Which One To Pursue?
PGDM or MBA? Well, Post Graduation Diploma In Management (PGDM) and Master in Business Administration (MBA) is the master level management courses. Both courses have a business orientation, so there is no significant difference between them. The main motto of this course is to equip the student’s mind with business orientation and grow the business hierarchy.
Depending upon the desire and abilities, one may choose the course. PGDM deals with the practical, skill-based approach, whereas MBA focuses on the theoretical approach. Know more about these courses in detail.
PGDM Or MBA Course. Comparison Between The Two?
Both courses offer the same professional values. The difference between PGDM and MBA is that one is a diploma, and the other is a degree course. Numerous students think a diploma course has different values than a degree course. But if you do a certificate from a reputed institution, it has equal value. Both courses have market value. As the Indian economy continues to grow, reaching $3.5 Trillion by the end of March 2023 (Source – Economic Times), there will be enormous opportunities for candidates with MBA or PGDM soon.
Eligibility
These programs require the aspirants to clear their 12th grade from a recognized board. Moreover, in graduation, the candidate is supposed to secure at least 55% or 50% aggregate marks depending on the eligibility criteria of the University/Institute.
The candidates planning to be part of these courses (Regular) must have cleared the entrance examination to enrol in top MBA colleges in India. In comparison, the student can get direct admission for an online MBA or PGDM based on the marks secured at the graduation level.
Note: some colleges or private universities also conduct entrance examinations on their level.
Fee Difference between PGDM and MBA
The fee structure of online MBA courses in India is mostly lower than PGDM courses. Numerous government universities are running MBA courses. Therefore the fee for their academics is comparatively low. These universities receive grants and financial aid from the government. The fee structure could be high if you plan to do a PGDM course. However, this is not a hard and fast rule. The fee structure varies from university to university.
What To Choose?
Choosing a course between the two depends upon one’s taste and ideology. PGDM focuses on industry orientation, whereas; MBA deals with the theoretical concepts of the learner. Henceforth, mentorship, industrial exposure, and grooming programs are available to PGDM students. Both courses are equally good.
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, is one of the top institutes in the country (NAAC Grade A+) which offer distance PGDM courses. Whereas, for online MBA there are many options. Manipal University, Jaipur (MUJ), Amity University, Jain University, Bangalore, Vignan University, Chandigarh University, to name a few.
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Conclusion
Choosing a course between these two depends upon each individual. Though, both courses have equal integrity. Many colleges offer MBAs affiliated with the universities, whereas PGDM is a diploma degree offered by numerous autonomous institutes/universities. For easy and budget-friendly admissions online, reach out to ShikshaGurus today!
