1. WHAT IS THE DIFFERENCE BETWEEN PGDM/PGP?
The full form of PGDM is Post Graduate Diploma in Management and the full form of PGP is post graduate programs. So, PGP is not a course rather a programme that gives a Post Graduate Diploma in Management (PGDM). The reason behind naming a PG course in management as PGDM is that the institutions which are an autonomous body and not affiliated to any university cannot offer MBA degrees. The autonomous bodies keep upgrading their syllabus and course structure as per the changing business environment but MBA courses don’t change frequently rather once in 3 to 5years or more.
2.WHAT PROGRAMMES IIMS AND XLRIS DO OFFER??
IIMs and XLRIs offer PGDM OR PGP Diploma. The degree is offered by the institutions recognized by University Grants Commission (UGC) and Diploma is offered by the institutions recognized by the Ministry of HRD and All India Council for Technical Education (AICTE).
3. WHAT IS THE DIFFERENCE IN THE SYLLABUS AND COURSE STRUCTURE IN MBA AND PGDM?
The syllabus of MBA is rigid in nature because they require approvals from University Curriculum.so, they are changed once in 3 to 5 years or more. And in government universities, theoretical aspect is given more importance. Whereas in PGDM, the course structure is flexible and Frequently Updated according to the Industry needs and job requirements so that students could get placement easily. Some reputed private B-schools also provide courses at par to the IIMs.
4. WHICH PROGRAMME SHOULD I CHOOSE IF I WANT TO MAKE A CAREER IN ACADEMICS???
If you aim to be a lecturer/professor or want to pursue research in the field of management then MBA offered by Government Universities is more suitable for you. On the other hand, MBA offered by top Private Universities is good for both corporate career and academics.
5. WHICH COURSE IS BETTER TO MAKE CAREER IN CORPORATE WORLD?
Students who want to enhance their employability skills for a better corporate career, desire to do jobs in MNCs or want to start their own enterprise, then PGDM is the best option for them.
6. CAN I PURSUE Ph.D. AFTER PGDM?
No, you cannot pursue Ph.D. right after doing PGDM or PGPM course. Because PGDM is a diploma course and for PhD, you must have A MBA degree. That's the only drawback of PGDM and PGPM.
7. WHAT IS THE COURSE DURATION OF MBA AND PGDM?
Both MBA and PGDM are the courses of two years duration.
8. HOW IS PGDM FOR DISTANCE LEARNING?
PGDM is a professional course, which teaches the practical aspects of the work through experimental learning. Which includes group activities, networking with corporates to organize events, etc. The tight schedule for having too many courses in very short time trains students in handling pressure which is inevitable in work life. The knowledge one acquires by applying the things in the practical field what he/she has learnt in books is much more helpful than only learning the theories from the books. And of course, communication skills that are cultivated only when you have people around to interact with. These essential soft skills can be built only in a full-time course, and no other form of education can provide such a platform.
9. WHAT ENTRANCE EXAMS YOU SHOULD QUALIFY TO STUDY MBA?
The Government colleges governed by State Governments, admit thru state level examination like MAHCET, OJEE, PGCET, TANCET etc. Top private universities and Some Govt. Central Universities accept National level entrance tests like CAT/XAT or also conduct their own entrance tests.
10. WHAT ENTRANCE EXAMS YOU SHOULD QUALIFY TO STUDY PGDM?
Qualifying Common Admission Test (CAT) is mandatory to study in IIMs. Other B-schools select students on the basis of the scores in any of the 6 approved exams: CAT, XAT, CMAT, MAT, GMAT, ATMA.
11. WHAT ARE THE PARAMETERS TO CHOOSE RIGHT B-SCHOOLS OR COLLEGES TO STUDY MBA OR PGDM?
Things to be kept in mind while choosing a B-school or college are
- UGC recognition or affiliation
- Ranking of the b-school
- Reputation of the institution
- Placement record
- Legacy & Reputation of the B-school
- Fee of the B-school
- Student-faculty ratio
- Quality of students joining the MBA/PGDM Program