Why to study PGDM and how to choose its specializations ?
29 Jun

Why to study PGDM and how to choose its specializations ?

INTRODUCTION

The Post Graduate Diploma in Management) (PGDM) is a two-year postgraduate diploma professional course which focuses on the application of the theories of Business and Management Studies in multiple economic areas like Accounts, Finance, Human Resources (HR), Marketing, Operations, Education, Events, Fashion, Hospitality, Industrialization, Information Technology (IT), Logistics, Supply Chain, Retail, Hospital, Marketing, And Tourism. Candidates will have diverse knowledge about the multiple applications of business concepts and management strategies to begin their own firm and business.

The PGDM course has vast scope and plenty of job prospects in multiple economic areas. It promotes leadership and management skills and results in a paradigm shift in the candidate’s professional personality within one or two years. Diverse career opportunities are available in Government Sectors, Private Companies, Public Organizations, Academics, Research, Training, and Management. Candidates can grow from Trainees to Associates, Managers, Entrepreneurs, and can even become Freelancers. There is a HUGE demand for management graduates both in India and abroad.

It is an application-based and practical course. The curriculum covers topics such as Business Law, Corporate Governance, Information Systems (IS), Management Functions & Behaviour, Managerial Economics, Strategic Management, Information Technology (IT), Quantitative Techniques, and International Business.

There are VARIOUS types of PGDM courses and specializations. They include:

  • Aviation Management
  • Banking & Insurance
  • Banking & Financial Services
  • Biotechnology
  • Business Analytics
  • Digital Marketing
  • E-Business
  • Entrepreneurship
  • Finance
  • Healthcare Analytics
  • Hospitality Management
  • Human Resources
  • Industrial Management
  • Information Systems (IS)
  • Information Technology (IT)
  • Insurance Management
  • International Business
  • Logistics & Supply Chain Management
  • Marketing
  • Operations Management
  • Retail Management
  • Sales Management
  • Small Business Management
  • Sports Management
  • Tourism & Travel Management

Practical exposure and application-based learning is provided through seminars, workshops, value-added courses, internships, LMS, choice-based electives, student exchange programs, foreign trips, projects, guest lectures, group discussions, and dissertations.

Skills like project management, leadership, critical reasoning, planning, organization, presentation, communication, problem-solving, logical reasoning, decision-making, and entrepreneurship are enhanced through this course.

MODES OF STUDY

PGDM courses can be studied through different modes according to each candidate’s convenience, budget, and availability. It is offered through different modes of study by different colleges. Each course also has distinct names depending on the college and affiliated University. The course curriculum, electives, and structure also vary depending on the college or University.

There are two main modes through which PGDM courses can be studied:

Regular PGDM

It is the most popular type of PGDM programme and includes theory classes, practical projects, and internships.

Full-Time PGDM is further classified into:

  • PGCM – one-year postgraduate certification course which focuses on the application of the concepts of Business and Management in professional domains
  • AICTE PGDM – PGDM programme that is approved by the All India Council for Technical Education (AICTE) under the Department of Higher Education, Ministry of Human Resource Development
  • AIMA PGDM – PGDM programme that is approved by the All India Management Association (AIMA) under the Government of India
  • Global PGDM – two-year internationally-recognized postgraduate diploma course which focuses on the application of the concepts of Business and Management in professional domains
  • Professional PGDM – postgraduate diploma course which is integrated with professional affiliations and certifications
  • One Year PGDM – one-year postgraduate diploma course which focuses on the application of the concepts of Business and Management in professional domains. This course differs from college to college

Part-Time PGDM

This type of PGDM programme is for candidates who cannot manage regular full-time classroom education. It helps to provide a balance of education and simultaneous work experience.

Part-Time PGDM is further classified into:

  • E (Executive) PGDM – which is for corporate executives with more than 5 to 10 years of work experience

MODES OF ADMISSION

Admission for PGDM courses in India is through two main modes:

Merit Admission

  • Qualification in competitive management entrance examinations – CAT/ MAT/ XAT/ GMAT/ CMAT/ SNAP/ NMAT/ PGCET/ KMAT
  • Very good academic record and All India Rank
  • Excellent performance in Group Discussion and Personal Interview
  • Interested candidates can apply once the college applications are open

Management Admission

  • Students looking for Management seats can go for Direct Admission
  • Excellent performance in Personal Interview

POPULAR PGDM SPECIALIZATIONS IN BANGALORE

  • PGDM Regular
    The PGDM Regular postgraduate diploma course focuses on the extensive application of the theories of Management Studies in multiple economic areas like Accounts, Finance, Human Resources (HR), Marketing, Operations, Education, Events, Fashion, Hospitality, Industrialization, Information Technology (IT), Logistics, Marketing and Tourism. It is application-based and covers topics like strategy design, resource management, process execution, compliance, business forecast, market monitoring and analysis, and market regulation. This is the most popular PGDM specialization.
  • PGCM
    The Post Graduate Certificate Programme in Management is a one-year full-time postgraduate certificate course that focuses on the application of the theories of Management Studies in multiple domains like Accounts, Finance, Human Resources (HR), Marketing, Operations, Education, Events, Fashion, Hospitality, Industrialization, Information Technology (IT), Logistics, Marketing, and Tourism through a global and international perspective. It is structured, experience-based, and practical. The course covers topics like strategy design, resource management, process execution, compliance, business forecast, market monitoring and analysis, and market regulation with duration of one year. This is a popular specialization among candidates who wish to earn an additional certification without discontinuing their regular job or work.
  • PDGBA
    The Post Graduate Diploma in Business Analytics is a full-time one-year postgraduate diploma course that focuses on the application of the theories of Data and Business Analytics in multiple domains like Accounts, Finance, Human Resources (HR), Marketing, Operations, Education, Events, Fashion, Hospitality, Industrialization, Information Technology (IT), Logistics, Marketing, and Tourism. It is an application-based interdisciplinary course that covers topics like business forecast, data analysis, prediction models, market monitoring and analysis, and market expansion and regulation. An analytical, logical, and decision-making mindset is required to grow and succeed in this specialization. There are plenty of opportunities in foreign firms after completion of the course for more exposure to work processes, ethics, and management systems.
  • E-PGDM Part Time
    The Post Graduate Diploma in Management for Executives postgraduate course is a part-time management course designed for corporate executives with at least five years of work experience and focuses on the application of the theories of Business Management in multiple domains like Accounts, Finance, Human Resources (HR), Marketing, Operations, Education, Events, Fashion, Hospitality, Industrialization, Information Technology (IT), Logistics, Marketing, and Tourism. It is theory-based and covers topics like strategy design, resource management, process execution, compliance, business forecast, market monitoring and analysis, and market regulation. It is the ideal course to take up which ensures both learning and a constant flow of income. Candidates are trained to lead a company as CEOs and Managers or begin their own firm and business as Entrepreneurs. This is a popular specialization among corporate executives who wish to enhance and polish their resume.
  • PGDM Global
    The Global Post Graduate Diploma in Management postgraduate diploma course is a full-time course that emphasizes on the application of conceptual management strategies involved in multiple domains like Accounts, Finance, Human Resources (HR), Marketing, Operations, Education, Events, Fashion, Hospitality, Industrialization, Information Technology (IT), Logistics, Marketing, and Tourism from a global perspective. International Business Management and its diverse applications are the main focus of the course. It covers subjects related to international strategy design, resource management, process execution, compliance, business forecast, market monitoring and analysis, and market regulation.
  • PGDM for Working Professionals
    The Post Graduate Diploma in Management for Working Professionals is a part- time postgraduate diploma course which emphasizes on the application of the theories of Management Studies in multiple domains like Accounts, Finance, Human Resources (HR), Marketing, Operations, Education, Events, Fashion, Digital Business, Hospitality, Industrialization, Information Technology (IT), Logistics, Marketing, and Tourism. The application-based curriculum helps candidates to balance their additional professional commitments with the course. Extensive networking ensures maximum associations, engagement, interactions. This is a popular specialization among working professionals who wish to pursue higher education while maintaining a steady source of income.

BENEFITS OF PGDM

The two-year PGDM diploma course is another recognized professional management postgraduate course. It prepares candidates for the business world through practical exposure, internship opportunities, skill-development opportunities, and on-the-job work experience.

The popular benefits of PGDM are:

  • The course offers flexibility to balance academics and professional commitments
  • Courses may be for a duration of two years or one year too!
  • The courses are recognized by the All India Council for Technical Education (AICTE) and All India Management Association (AIMA) follow the syllabus of the respective University
  • The courses are accredited by Governing bodies
  • The course curriculum is constantly updated according to the latest industry requirements
  • The courses are designed for careers in Industry
  • The courses are application-based and focus on practical and on-the-job learning
  • Candidates are prepared for government and corporate managerial jobs
  • The course encourages career development and enhancement
  • Personal Skills like communication, public speaking, logical reasoning, and time management are enhanced
  • Professional Skills like teamwork, leadership, decision-making, presentation, and organization are encouraged
  • Candidates can work independently, build, and develop their own company and become successful Entrepreneurs

CONCLUSION

The PGDM postgraduate diploma course is a two-year professional management course that focuses on the practical applications of Management Studies in various economic areas and diverse specializations. The course is popular and recognized among working professionals and executives since it encourages a balance between academics and professional advancement and development.

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