With the increase within the IT sector and company culture, more and more students choose management programs Top Management College in Greater Noida. However, Indian graduate often are confused between PGDM vs MBA when pursuing a management course. This results in a dilemma in choosing courses. While the course curriculum is nearly an equivalent for both programs, there are key differences which will assist you decide which is best for you.
Those who are not conscious of the difference may find yourself making chaotic decisions. Both MBA and PGDM are postgraduate programs. Here MBA stands for Master of Business Administration and PGDM stands for Post Graduate Diploma in Management. Master’s in Business Administration (MBA) is a degree course offered by the universities affiliated to some centralized universities. Some reputed MBA institutes are: IIFT, JBIMS, FMS, IIMT etc.
Post Graduate Diploma in Management (PGDM) is a diploma course which is offered by autonomous institutes that are recognized by the AICTE (All-India Council for Technical Education).
Thus, an MBA is not the same as PGDM. However, accreditation by Association of Indian Universities (AIU) makes a PGDM course like an MBA. And there is specialization to choose from in both the courses.
Fees is higher just in case of PGDM as compared to MBA. Generally, MBA programmes are cheaper than PGDM. A PGDM from one among the IIMs say, IIM – A, B or C would cost approximately INR 16-20 lakhs for two years. MBA institutes charge less fees (similar to college standards). The Annual tuition fee for MBA – Full Time at FMS is approximately INR 10,480 per annum.
From the upper education perspective, having an MBA degree course puts you ahead by some extent or two when it involves the appliance evaluation because it gets you marked against a master’s degree, while a PGDM / PGP gets you marked against Masters-Diploma. Students however should understand that not all Universities/Institutions accept PGDM as a master’s equivalent for admission into their Ph.D. programs. After completing an MBA, graduates can pursue PhD in Management whereas PGDM candidates cannot choose future studies.
As per the above reasons, IIMT offers one of the best MBA programmes offered to the graduates. Teaching faculty at IIMT is recruited from very best institutes in India and offers one of the best teaching experiences to the students. Our campus also offers all the modern facilities and provides all the required teaching materials and library services to the students for smooth learning experience. Campus Placement at IIMT is excellent with graduates being offered Job offers from top reputed companies in India.
