For prospective students all around the world, PGDM and MBA programs are becoming more popular. The great majority of students and working professionals want to enroll in a PGDM or MBA program to improve their skillset and climb the desired corporate ladder.
However, the crucial issue is: which is better?
Though an MBA has a higher face value and a more prestigious label, a PGDM isn’t far behind. Both of these courses have their own set of benefits, but the PGDM outperforms the other in the duo. In this post, we’ll look at why a PGDM is a better choice than an MBA.
However, in order to acquire a better understanding of these courses, let us first define them.
What is a PGDM, exactly?
The two-year PGDM (Post Graduate Diploma Course) is provided by independent colleges accredited by the All India Council for Technical Education (AICTE). If an institution’s PGDM program is also approved by the Association of Indian Universities, it can be compared to an MBA program. PGDM is preferred by corporations above MBA.
What is an MBA, exactly?
MBA programs are flexible, and students have a wide range of specialization options to choose from. Furthermore, individuals from any educational background, whether it’s science, commerce, or the arts, can seek an MBA degree. MBA is a degree that may be used in a variety of ways. You have the option of taking a full-time, part-time, or online course.
Continue reading to learn more about the differences.
You can enroll in a PGDM if you are a working professional with a few years of experience. This type of degree will be tailored to your specific work experience and professional background. Some of the top employers of PGDM graduates include Amazon, Deloitte, Bain & Company, and Citigroup. VITM is the best PGDM college in Indore.
WHY CHOOSE PGDM OR MBA?
Let’s go right to the point: what makes a PGDM better than an MBA?
- The course is tailored to the demands of the industry.
PGDM programs are only offered by independent institutes. It implies that the course content is updated on a regular basis and is more industry-focused than an MBA program. PGDM courses, on the other hand, are more learner-centered than MBA courses.
- Classrooms that are interactive
Inside a PGDM course, there is never a boring moment. Because this is a learner-centered course, the classroom is alive with conversations, role-playing, exercises, and so much more. At the same time, the learning results are not jeopardized. You may be guaranteed of meeting with colleagues who will match your wit and intelligence and participate in friendly rivalry because only the best brains in the country study PGDM.
- A wide range of topics
Specializations are available in PGDM programs, which will be quite useful during placements. For example, if you major in Finance, you can minor in Marketing or Information Technology in your second year.
- The ideal environment for budding entrepreneurs
If you want to be an entrepreneur, a PGDM is the ideal option for you. During your training, you can pitch your project and take advantage of the finest possibilities for your start-up.
- Improve your abilities.
A PGDM classroom, on the other hand, is unlike any other. You will gain practical company experience that will help you improve your interpersonal and communication abilities. Classroom conversations give an opportunity to put your analytical and decision-making abilities to the test.
The PGDM is a hands-on program that emphasizes internships, organizational research, and on-the-job projects. You’ll have plenty of chances to develop a strong corporate network that might lead to a Prep-Placement Offer. Furthermore, these institutes have ties with the country’s top corporate companies and even host employment fairs. When it comes to ensuring that students receive the most lucrative offers, no stone is left unturned.
- Financing is simple.
PGDM programs are provided by a number of reputable AICTE-accredited institutions around the nation. As a result, students may take out educational loans with cheap interest rates and flexible periods.
- Exceptional professors
Because PGDM programs are only provided by the best universities in the country, the faculty is exceptional. These dedicated educators make it their mission to mold each student into a well-rounded corporate employee or entrepreneur.
- Increased visibility
Here’s how PGDM programs give you a lot of exposure:
- Internships in management supported by the Institute.
- Modern industry experts share their own knowledge.
- Classroom sessions are intense.