Bachelor of Science is one of the most popular degrees in India because it leads to a wide range of career opportunities. The main advantage is that BSc graduates have a wide range of subject and topic options for further study. Many students are perplexed:
What should I do after finishing my BSc?
A PGDM or MBA from a top business school following a bachelor's degree in science in India makes candidates significantly more employable, with a distinct skill set that can help them reach newer heights in their careers. This type of education, combined with on-the-job experience, is not only affordable, but also highly valued in organisations around the world. Major recruiters offer the best job opportunities to such candidates because they have both management and technical skills.
The three main reasons why BSc graduates pursue an MBA or a PGDM are:
- They are stuck in technical roles and want to advance to management positions.
- They created one-of-a-kind products and now want to turn them into profitable business ventures.
- They want to develop outstanding marketing strategies to better market their products.
Those who are unaware of the distinction between these two courses may make rash decisions. MBA and PGDM are both postgraduate programmes. MBA stands for Master of Business Administration, and PGDM stands for Post Graduate Diploma in Management; however, due to the word "diploma," PGDM is often considered a lower-level programme than MBA. However, this is an incorrect assumption because they both have advantages and disadvantages.
The promising aspect of an MBA programme is that it provides a diverse range of specialisation options for aspirants to explore. Under the supervision of lecturers and faculty, a candidate can comprehend cross-functional knowledge through a peer-to-peer learning curriculum. Institutions are in charge of selecting students, designing course curriculum, training them, evaluating them, and finally placing them in PGDM programmes. While an MBA, the course is designed by universities and taught by colleges that are affiliated with them. Here is the chasm! Students begin learning an MBA course, such as MBA in HRM, with the goal of completing the programme. Furthermore, universities do not change their curricula for decades. MBA students find it difficult to answer questions during job interviews because interviewers typically ask about the latest trends. While the PGDM, as a single-window programme, improves the student's skills and keeps them up to date on the latest market trends.
Now that the important differences and similarities between PGDM and MBA have been discussed, it is time to determine which of the two is more relevant and beneficial in today's scenarios.
- PGDM courses follow an industry-oriented curriculum with a more practical approach, whereas MBA courses are more theoretical in nature.
- Because of the practical insight PGDM courses provide, many employers in India and abroad prefer them to MBA. Classrooms are rigorous, with lessons from top industry leaders and management internships being a common feature that prepares students for business environments in advance.
- Self-motivated institutes with PGDM degrees work harder than universities offering MBA degrees to place their students in various companies.
- Due to additional and updated skills, PGDM students have more job opportunities.
- Autonomous colleges have a cutting-edge syllabus that is constantly updated, but universities are not permitted to change the syllabus more frequently. Because the world is more transformative than ever today, syllabus books and textbooks must be updated on a regular basis.
Qualifications Required for an MBA or a PGDM after BSC:
If you intend to pursue an MBA or PGDM after completing your BSc, it is a good idea to brush up on some essential skills. These abilities will aid you in passing the admissions interviews. Furthermore, these skills will be useful even if you pursue an MBA or PGDM after completing your BSc.
Written and oral communication skills are required for success as a business graduate. The corporate world necessitates a great deal of human interaction. As a result, both verbal and nonverbal communication are important. Good communication skills aid in improving client relations and assessing potential clients for the organisation.
Analytical and critical thinking skills are also essential for Management students. It is necessary to be rational and to consider the long-term vision. Knowledge of subjects such as statistics, marketing, economics, and strategy is advantageous.
The Difficulties of Pursuing an MBA or PGDM After a BSc:
A significant challenge of doing an MBA or PGDM after a BSc is that admission to top business schools becomes extremely difficult. Students from various fields compete fiercely for admission to top B-Schools. Candidates must work extremely hard for the entrance exams and interviews in order to be accepted into the top business schools.
Another challenge of doing an MBA or PGDM after a BSc is finding a job. Companies may prefer students from various fields, such as management. Placements, on the other hand, should not be a problem if you have good grades, skills, and a portfolio.
An MBA or PGDMafter a BSc can be a great option because they add a lot of value and improves your CV, which will help you advance in your career.
At the same time, doing an MBA or PGDMafter a BSc is a risk because the two fields are extremely different, and there will be many concepts that you will have missed out on because you do not have an undergraduate degree in management or business. As a result, you will need to exert more effort than the other students in your class. Despite several differences between the two courses - MBA and PGDM - the main influencing factor is the institute that offers them.
ISBS PGDM's PGDM and MBA programmes are designed for professionals who want to learn and pursue a management degree. Students who choose this programme from ISBS PGDM's benefit from a variety of advantages, including 1:1 mentorship from industry supervisors and experts, advanced training curriculum and pedagogies, and the opportunity to network with peers at offline base camps and learn with industry experts and work alongside them on project and research while establishing successful business management careers.
