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Explore the nuanced differences between a Master of Business Administration (MBA) and a Post Graduate Diploma in Management (PGDM) with our insightful presentation. Delve into the eligibility criteria, placement records, course syllabus, innovative practices, entrance processes, and average salaries associated with these prestigious management programs. Understand the unique advantages and offerings of each qualification to make an informed decision about your future in the world of business management. Discover the path that aligns best with your career aspirations and ambitions.
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What is The Difference Between MBA and PGDM? GET STARTED
What is PGDM and MBA? What is PGDM? The full form of PGDM is Post Graduate Diploma in Business Management is a diploma course and not a degree. PGDM can also be offered by autonomous institutes (not affiliated with any university). Such institutes cannot offer an MBA degree. What is MBA? The full form of MBA is Master of Business Administration, which is a Postgraduate Degree in Management offered by most of the management colleges and universities across the world. As MBA is a master’s degree, only recognized institutions affiliated to reputed universities can offer a degree in Business Administration.
Eligibility PGDM Graduation in any stream or equivalent degree from a recognised university. Minimum 50 % in graduation (45 % for Reserved category students) or equivalent score. MBA Graduation in any stream or equivalent degree from a recognised university. Minimum 50 % in graduation (45 % for Reserved category students) or equivalent score.
Placements PGDM Depends upon the institution. Most of the PGDM institutions have better placement records than MBA institutions. MBA Depends upon the institution. Comparatively, Some of the MBA institutions like FMS, JBIMS have better placement records.
Placements Course Syllabus PGDM Dynamic, Gets updated as per needs of the industry. The syllabus is approved by AICTE. MBA The syllabus is prepared by universities and gets updated less frequently.
Innovative Practices PGDM Teaching and training are multidimensional. Cases, simulations, presentations, short term training are part of pedagogy. MBA Limited scope for innovation as practices are defined by syllabus prepared by central body i.e. University.
Entrance Process PGDM Thorough CAT/ MAT/XAT/ATMA and some state-level examinations like TSICET, MAH-CET etc. MBA Thorough national and state tate level entrance examinations like CAT, MAT, CMAT, TSICET, MAH-CET etc.
Salary PGDM Average salary of an MBA graduate is around INR 21.3 Lacs. MBA Average salary after PGDM diploma is around INR 12.96 Lacs.
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