There is no denying the importance of pursuing a career in our lives. Possessing the necessary abilities and expertise is essential to staying one step ahead of the competition and climbing the corporate ladder. As a result, a lot of young professionals choose to enrol in programmes that will further their careers, with an MBA being at the top of the list.

Having said that, there are numerous courses accessible in the field of management education, which frequently causes confusion among many aspiring managers. Because of this, most professionals frequently make poor career decisions and struggle with ethical difficulties. While the advantages of taking an MBA education continue to be the most well-liked,

What Is PGDM All About?

The Post Graduate Diploma in Management (PGDM) is a two-year full-time programme created especially for recent graduates or applicants wishing to enter the business management field but with less than two years of job experience.

Students gain a thorough understanding of management aptitude and other business principles because the study lasts for two years. Then, in order to obtain practical experience in applying theoretical knowledge in the actual world, students must put these concepts into practise using case studies, projects, internships, and other methods.

The PGDM/MBA combination has grown in popularity over time and now offers a variety of professional alternatives. Over the years, there has been a more than 120 percent growth in demand for PGDM graduates. Here are some excellent career options for you to consider as the job market continues to grow.

This course’s major goal is to give students with little to no professional experience a thorough understanding of how the business world operates as well as the tools they will need to succeed.

A course called PGDM aids in the specialty of management. Government and private sectors, as well as the kind of work or even the applicant’s skills, all have different pay scales.

The table below contains the PGDM salary range in India:

Listed below is the PGDM salary in India:

Government work prospects for PGDM graduates are constantly expanding due to the increased demand. The country’s increased development has resulted in a surge of employment opportunities from the public sector. Financial analysts, business managers, and HR assistants are all positions that PGDM newcomers can pursue. In India, the beginning wage for a PGDM is between INR 2.5 LPA and INR 8.5 LPA, and it rises with experience.

While some businesses favour recent PGDM graduates, the majority want PGDM grads with at least a year or two of relevant experience and the necessary abilities. Below are a handful of the government companies, along with their job titles and salaries:

An annual income of between 4 and 24 lacks was the norm for PGDM freshmen. Due to the preference of the business world for those with strong training in soft skills and a course structure with tight industry interface, the PGDM had a competitive advantage over the MBA in terms of placement and income. The exact compensation package for management graduates will rely on the candidate’s performance and academic record. A primary determinant of placement and compensation, both domestically and globally, is a strong track record in education and experience. A key element in obtaining better jobs and a good wage is getting accepted into top grade B colleges. The average pay provided to management graduates worldwide ranged from 13 to 22 lakhs.

A highly sought-after professional degree like the PGDM can give your career in business management a strong start. It is equivalent to an MBA, which can only be granted by accredited universities, whereas PGDMs are granted by business schools operating under AICTE regulation. A PGDM programme is typically thought of as being more industry-focused than an MBA degree. The Postgraduate Diploma in Management (PGDM) offers specialisations in a variety of management fields, including Finance, Marketing, Human Resource Management, International Business, etc., just like the MBA.

The PGDM programme at Indira School of Business Studies (ISBS) has AICTE approval. We take great pride in claiming that we go above and beyond to improve the learning environment. You will get the opportunity to interact with some of the most important business figures in the world via guest speaker lectures, seminars, and events. We also offer fantastic chances to work on projects and complete internships with some of the most esteemed Business circles.

Posted in: PGDM (AICTE Approved) Admission 2020