ABOUT
As rightly said by a wise man, “A sound management degree gives you a good job and a promising career.” PGDM, is a two year course which adds value to your life and teaches you management in a practical way. It is a diploma degree issued by AICTE (All India Council for Technical Education) recognized institutions. Institutions and b-schools offering PGDM course are autonomous body with industry-oriented curriculum.
DEFINING DIPLOMA
The confusion here starts when students see the term Diploma. Many students are of the view that it is a Diploma course and not a Degree, The answer to this is that yes, it is a Diploma. The main reason why postgraduate courses are named as PGDM is because when an Institute is an autonomous body (meaning it is not affiliated to any University) and conducts management courses then such Institutes cannot offer MBA degree.
When an Institute secures autonomy they design their own curriculum to be taught instead of following out dated University syllabus. The reason why they chose to do is because the curriculum can be updated regularly depending on the need in Industry. Hence one can say that PGDM courses are more Industry relevant as compared to MBA courses and they focus more on practical learning.
Colleges which offer AICTE approved courses will offer PGDM not MBA. For example ABC College is affiliated to XYZ University, they offer MBA course affiliated to that University, the same college is offering AICTE approved course it means they are offering PGDM which is not linked to XYZ University.
Therefore, if any PGDM is to be equivalent to MBA then the course duration should be 2 years, as a 1 year PGDM will not be equal to MBA course.
COURSE CURRICULUM
The specializations offered here are Marketing, Human Resources, Finance ,Operation, International Business and many more. Students discover their true potential after practicing rigor and focused hard work having selected the specialization of their choice.
The program nurtures world-class managers with analytical tools, business philosophies and exposure to real-life unstructured situations.
The trimester system followed in the program facilitates students with the flexibility required to engage in several live projects and activities that will help them mould their personality. Subjects like Strategic Management, International Business, Business Ethics, Leadership Practices, Team Building Exercises, Cross Functional Roles, Operating System, Business Systems Analysis, Entrepreneurship Management, Functional Specialization Projects, Leadership Practices, Emotional Intelligence, Management Information system, Market Research, Managerial Economics and many more have been incorporated into the curriculum to expose students to the inner workings of the corporate world, and to sharpen their thinking skills for innovation of ideas and solutions in the light of various limitations. Thus, the PGDM provides the right tools to meet challenges and constantly aims at creating and nurturing future world leaders.
PGDM colleges have a trend of visiting faculties apart from the permanent ones. So the faculties in few colleges are common with ample amount of experience in the corporate world.
ADVANTAGES
- Management courses have been a favorite among students as they guarantee a successful career and a well-paying job. Coping with management studies can be tough but very fruitful
- PGDM has a focus on building soft skills and is industry-oriented. It prepares the students for the job market
- The course helps to prepare graduates for senior level positions in industry and paves the way for a strong corporate career
- Helps builds personality
- Improves confidence
- Enhances communications skills
- Long college hours facilitate comfortable working on the jobs
- Continuous assessment takes place in the form of tests, assignments and presentations which facilitates theoretical as well as practical learning
- Regular case studies are conducted which helps students to analyse a project in detail
- Guests lectures are held ,that is people from the industry visit the institute and address the students so that they get insights of the work culture in the corporate
- Management games are conducted to teach students the rules of management in a fun way
- Personality Enrichment Program (PEP) is a part of the curriculum which helps to enhance skills of the students
- Industrial visits takes place to provide the students, knowledge about the industry
AICTE evaluates the institutions based on certain norms and only then do they allow the colleges to conduct courses. The minimum requirement of which is an IT lab for the students to promote technological learning, comfortable classrooms with projectors, well equipped auditorium and spacious college premises.
PGDM course has been introduced by various universities. This course can be pursued both, distance learning, which is as good as a regular course as well as the routine course.
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