PGDM or MBA: Difference between, how to choose, and other MBA vs PGDM questions answeredWhile deciding their business and management qualification, students are sometimes confused between choosing MBA or PGDM. This article, written by experts at MBAUniverse.com, will clear your doubts.So, what is the difference between MBA and PGDM? Simply put, Masters in Business Administration or MBA is a degree course offered by the Universities (both Government and Private) and Colleges affiliated to these Universities. Post Graduate Diploma in Management (PGDM) is a Diploma programme offered by B-schools/Colleges that are recognised by Government of India’s nodal body for technical education - All India Council for Technical Education (AICTE).It’s important to note that even the prestigious IIMs and ISB Hyderabad offer Post Graduate Program in Management (PGPM) and not MBA as they are neither a University nor are affiliated colleges to any other university. However, with passing of IIM Bill 2017, IIMs are expected to offer MBA in coming years. We want to stress that while deciding between MBA or PGDM, what is most important for you as a student is to understand your personal goals. If you are interested in a corporate job and career, you should choose a B-school/ MBA Colleges based on their Ranking, Curriculum and Placements, and NOT by the degree or diploma they offer. Corporates don’t treat MBAs or PGDMs differently. They only want candidates that can perform well on the job. So curriculum and faculty, and not degree or diploma, is most important.While IIMs are a well-known brand, PGDM B-schools are at par with IIMs and MBA colleges as according to Business Today, MINT-MBAUniverse.com and other reputed B-school Rankings more than 75 out of 100 Top B-schools in India are PGDM B-schools.Many top PGDM B-schools have received MBA Equivalence from Government body AIU, and their PGDM is treated at par with MBA when it comes for higher studies like M.Phil or Ph.D.However, if you are looking for just another academic qualification, that too at a low fee, then an MBA from a Government university will work well.Read more: http://www.mbauniverse.com/pgdm-or-mba - Study24x7
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PGDM or MBA: Difference between, how to choose, and other MBA vs PGDM questions answered
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