PGDM (Post Graduation Diploma in Management) online course is a 2-year business management program. Further, PGDM is equivalent to MBA. This program provides practical management knowledge and helps students understand, learn and apply relevant hard and soft skills catering to the industry, making a simple management student a perfect candidate. Furthermore, this course enhances the capabilities of the applicants to become managers in reputed firms and companies. The PGDM (Post Graduation Diploma in Management) course encourages applicants to learn, adopt, and implement multiple career strategies. The practical applications of the course enable the applicants to apply modern management strategies in their daily businesses.
India is currently a 3.75 Trillion USD economy (Source – Business Today) and is the fifth largest economy in the world (Source – World Economic Forum). Further, India will be a 5 Trillion USD economy by 2026-27 (Source – Times of India) and the third largest economy in the world by 2027-28, as per Union Minister Mr Piyush Goyal (Source – Economic Times). These trends point to robust economic growth in India. Therefore, it will open new opportunities in various sectors, including Management.
Curriculum for PGDM (Postgraduate Diploma in Management) Online Course
The curriculum of the PGDM (Post Graduation Diploma in Management) for online courses involves numerous subjects that revolve around business management. Hence, the integrated approach towards Management adds significant value to the skillset of program pursuers. Moreover, this program is only available at UGC (Universal Grants Commission) approved Universities. Furthermore, this course is equivalent to a degree in MBA if the institution has AIU (Association of Indian Universities) accreditation. Some subjects taught in the course are:
- Research Methodology
- Financial Accounting
- Principles of Management
- Marketing (Digital and social media)
- Entrepreneurship
- Human resource management
- Statistics
- Organisational behaviour
- Corporate governance
- Artificial intelligence
- Information security
- Payroll management
Eligibility Criteria for Post-Graduation Diploma In Management (PGDM)
- The student must have completed their undergraduate degree from a recognised college/university with a minimum aggregate of 50 per cent of marks for the general category and 45 per cent for the reserved category.
- Additional work experience is not a required criterion but is highly favourable for the student to enrol in the course. However, some Universities do relax the min percentage if the candidate has valid experience in the field.
- The candidates who have appeared for the final year/ semester exam can only apply to the course. Additionally, candidates can adjust the waiting time for the result.
- Post-graduation diplomas in management courses do not have a minimum age limit to apply and are open to all.
Benefits of Doing An Online/Distance Post Graduate Diploma In Management Course
PGDM (Post Graduation Diploma in Management) is one of the most trending career streams among the youth. There has been a significant increase in the demand for PGDM (Post Graduation Diploma in Management) courses in companies and institutions. With a visible spike in economic and intellectual development, companies’ great need for management positions, such as Leaders, Managers, Specialised Executives, and Functional heads, is increasing. The course helps the student get familiar with the industry and get a kickstart with their knowledge about relevant topics.
Further, the course being online also adds a factor of feasibility. The students can learn new skills and gain education from top courses in the comfortable space of their homes or office. Moreover, the online learning option also allows students to apply the things they have learned in their lives practically. It also gives the students space to pursue and start their careers while continuing their educational journey.
Below mentioned are a few benefits of pursuing the PGDM Online course:
- The student gains skills in Leadership behaviour which serves as a key to help navigate through team tasks.
- The student develops a quick learning attitude making them more open to new trends and changes and immediately implementing them.
- The student learns analytical problem-solving skills, which help eradicate and solve problems rather than overlook them.
- The student gains the ability to open the mind and think creatively, fundamentally, and strategically and integrate all to make a successful plan.
- The course moulds the students into future Managers
- The students passing the course will possess greater leverage in Job Positions.
- A student who has gained management knowledge through the course will be more subjected to Salary hikes.
- The Skills gained through this course will further help the student to get promotions in positions.
- The course is an addition to the CV and makes it more appealing.
- PGDM (Post Graduation Diploma in Management) consists of courses relevant to the current industry.
- The course is also more efficient and less expensive than a regular MBA course.
PGDM (Post Graduation Diploma in Management) Program Structure
The PGDM (Post Graduate Diploma in Management) online course is a two-year postgraduate program with 3-month project work. The program also offers specialisation for students as per their fields of interest. Further, a panel of selected business professionals and academicians carefully designs the PGDM (Post Graduation Diploma in Management) course curriculum. It mainly focuses on business strategies and case studies.
- The program’s first year focuses on learning Management basics. The students learn about Management with an inclusive approach to all fields. Moreover, the first year forms the base for the next year of learning.
- In the second year, the students choose their specialisations per their interests and future goals. Further, the second-year curriculum focuses on the skills needed in the respective fields.
PGDM (Post Graduation Diploma in Management) Specializations
PGDM (Post Graduation Diploma in Management) specialisations help the students to learn about their respective industries in detail. The specialisation allows students to get familiar with the necessary skills required in the respective sectors of their choice. Following are some specialisation fields provided to postgraduate students.
Marketing
Marketing strategically plans and promotes a particular product, brand, or service. Further, Marketing is a crucial tool for establishing a brand’s presence in the market. The brand’s popularity, consumption, and sales depend on how you display it to the world. Marketing is a creative field where ideas come together and make a pathway for the product or brand in the market.
A postgraduate diploma in Marketing management helps to learn the basics of Market orientation.
Moreover, a postgraduate diploma in marketing management will always be relevant to the evolving market. Further, a PGDM (Post Graduation Diploma in Management) course in marketing can also be applicable across all fields and product or brand-based industries.
After doing PGDM (Post Graduation Diploma in Management) in Marketing, some prominent job profiles are Market research analyst, communications manager, Advertising Manager, etc.
Finance
Every company, from startups to big established organisations, relies on finance managers to record the money. Finance involves strategically planning the organisation’s transactions. Moreover, the branch monitors expenditures, salaries, budgeting, and the influx of funds while actively creating and implementing financial strategies for its growth.
A PGDM in finance management provides you with the necessary money management skills. It includes financial planning, fund analysis, investment strategies, and market research. The scope of financial Management has increased with the budding of businesses and startups in India.
Human resources
Human resources, more commonly known as HR, is one of the most followed specialisations in the PGDM online course. This field is dedicated to recruiting, training and selecting suitable job applicants. HR is also responsible for maintaining relations and employee satisfaction in a company. Moreover, the primary role of HR is to ensure the employee’s happiness and contentment with their job roles. Human resources are vital to the company’s performance as this employee-oriented feed is responsible for getting the best out of the employees.
A Post graduate diploma in Human resources will teach many skills required to deal with people, such as problem-solving, conflict resolution, and leadership. This degree is also universally applicable, and the scope is continuously increasing with an increase in entrepreneurs and startups.
After doing PGDHRM, some prominent job profiles are Training and Development Manager, Employee relations manager, Change Consultant, etc.
Operations
Operations are the core functional activities of a company. Further, Operations mean everything a company does daily for proper working and managing its internal affairs. Additionally, the operations department is responsible for overlooking the companies functioning. It ensures that the company can operate smoothly with minimal obstacles daily.
A postgraduate diploma in operations management will teach students an amalgam of soft and hard skills, which will help them in better project management, such as problem-solving, cost accounting, innovation management, and human resource management.
After doing PGDM (Post Graduation Diploma in Management) course in Operations, prominent job profiles are Strategic Planer, Purchase Analyst, Operations manager, etc.
Information technology
Technological advancements drive today’s world. There has been a significant increase in technological expansion across industries in the past few years, and with this expansion, there has become an urgent need for technical Management. Further, technological Management is an interdisciplinary program that integrates the learnings of science, engineering, and Management and clubs it in one two-year degree course.
Moreover, a postgraduate diploma in Information technology prepares an individual to adapt to future changes and advancements. It teaches how to manage information and use it as an asset.
After doing PGDIT, some prominent job profiles are IT managers, system analysts, business analysts, and software consultants.
The two-year course is not limited to a particular specialisation. PGDM (Post Graduation Diploma in Management) course also gives a multidisciplinary option to the students to choose various fields of interest for their specialisation.
Further, some more specialisations are:
- Postgraduate diploma in project management
- PGDM in business analytics
- Postgraduate diploma in business management
- Postgraduate diploma in disaster management
- PGDM in biotechnology
- Postgraduate Diploma in Environmental Management
- Postgraduate diploma in banking and finance
- PGDP in Data Science
- PGDP in export and Import Management
- PGDP in Corporate law
Conclusion
The versatile and ever-growing scope of the Post Graduate Diploma In Management (PGDM) online course has caused it to be one of the most trending courses among the youth. Besides being in talks, the course focuses on providing aspiring individuals with practical knowledge about the industry. Instead of focusing purely on theory, PGDM (Post Graduation Diploma in Management) aims to provide understanding via real-time experience, which is a significant aid for freshers in the industry. Therefore, PGDM is the bud of modern industrialisation.
