Post Graduate Diploma in Management is a 2-year post graduate diploma course in the field of management. PGDM course studies the intricacies of management and sharpens a student's mind to tackle the daily obstacles that are faced in the field of management. In order to be eligible for the course, candidates must have completed graduation preferably from management.
Admission to the course is the entrance exam based. Various entrance exams that are conducted for admission to the course are as follows:
To study Post Graduate Diploma in Management (PGDM) course, students must have secured good aggregate marks in both their graduation and entrance exams. Many colleges in India offer this course to talented students.
Some of the top colleges offering PGDM are listed below:
- IIM Bangalore
- IIM Calcutta
- Faculty of Management Studies, Delhi
- Symbiosis Institute of business management, Pune
- SP Jain Institute of Management and Research, Mumbai
- Narsee Monjee Institute of Management Studies, Mumbai
The course is designed to build essential skills and capabilities in a student to hold managerial posts in various firms and companies. It makes a student responsive and sensitive to global issues. The student gains managerial, executive and leadership skills during the tenure of this course.
The average annual course fees range between INR 1-8 lacs for the total duration. The probable salaries offered to successful postgraduates in this field are between 6-10 lacs per annum.
PGDM is generally offered by institutes that are recognized by All India Council for Technical Education (AICTE). Universities that are autonomous in nature, i.e. they are not affiliated with any university also offer PGDM course. However, if a university is accredited by Association of Indian Universities (AIU), then PGDM course becomes equivalent to an MBA degree.
Post Graduate Diploma in Management [PGDM]: Course Highlights
Listed below are some of the major highlights of the course.
|Examination Type||Semester System|
|Eligibility||Graduation from a recognized university|
|Admission Process||Direct admission to colleges. However, some colleges may check student's skills through an entrance test.|
|Course Fee||INR 1-8 lacs|
|Average Starting Salary||INR 6-10 lacs|
|Top Recruiting Organizations||Bloomberg, NITYA Software Solutions, Power Grid Corporation of India Ltd., Tapi Prestressed Products Ltd., etc. Hotels like Hyatt, Marriott, The Leela, The Taj and others.|
|Top Recruiting Areas||Banks, Educational Institutions, Consultancies, Law Firms, Entertainment Portal, Hotels and Resorts, etc.|
|Top Job Profiles||Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer, etc.|
Post Graduate Diploma in Management [PGDM]: What is it about?
Post Graduate Diploma in Management is a 2-year post graduate diploma course in management. The course revolves around creating business class leaders and future executives who can lead the way with professionalism and sustainability. The course nurtures and develops skills and qualities that are quintessential to lead fluctuating businesses of today.
The course emphasizes on teamwork, leadership and practical application-oriented methodology of studies. This diploma course requires thorough knowledge, hard work and perseverance as is required in any regular degree course.
The course helps to build conceptual knowledge and skills in students who can go on to work in industries, government or private organizations. The course is beneficial as students can become Management Analysts, Consultants and Executives and help an organization grow. After completing the course, one can even go for higher degree courses and improve their skills.
Students pursuing the course build soft skills needed to run the firm in an efficient manner. The program is more industry-oriented and appropriate practical sessions are also held. Since an autonomous institute need not abide by university standards, it can freely change its curriculum according to latest industrial and business standards. The course prepares its learners to obtain senior level positions in a company.
Post Graduate Diploma in Management [PGDM]: Specializations
Some of the specializations that a student can opt for during PGDM are as follows:
|Marketing Management||Human Resource Management|
|Event Management||Operations Management|
|International Business||Information Technology|
|Logistics and Supply Chain Management||Foreign Trade|
Top Institutes offering Post Graduate Diploma in Management [PGDM]
Listed below are some of the top institutes offering PGDM course in the country with the corresponding locations and fees charged by them
|Name||City||Average Annual Fees per annum in INR|
|Indian Institute of Management||Bangalore||8.5L|
|Indian Institute of Management||Kolkata||6.75L|
|Xavier's Labour Relation Institute||Jamshedpur||35K|
|SP Jain Institute of Management and Research||Mumbai||5.85L|
|Management Development Institute||Gurugram||7.4L|
|Faculty of Management Studies||Delhi||10K|
|International Management Institute||New Delhi||7.7L|
|Indian Institute of Foreign Trade||Delhi||1.3L|
|Narsee Monjee Institute of Management Studies||Mumbai||63K|
|International Management Studies||Kolkata||4.9L|
|Institute of Management Technology||Ghaziabad||7.5L|
|Symbiosis Institute of Business Management||Pune||20K|
|Vinod Gupta School of Management||Kharagpur||3.08L|
|Department of Management Studies||Delhi||35K|
|TA Pai Management Institute||Manipal||7L|
|Indian Institute of Management||Shillong||6.35L|
Post Graduate Diploma in Management [PGDM]: Syllabus and Course Description
A semester wise breakup of the course’s syllabus is tabulated below.
|Semester 1||Semester 2|
|Management Functions & Behaviour||Operations Management|
|Human Resource Management||Marketing Management|
|Economic and Social Environment||Quantitative Techniques for Managers|
|Introduction to Information Technology||Managerial Economics|
| -||Strategic Management|
|Semester 3||Semester 4|
|Marketing Management (MM)||Business Law & Corporate Governance|
|Financial Management (FM)||International Business|
|International Business (IB)||Management Information Systems|
|Human Resource Management (HR)||Research Methodology|
|Operations Management (OM)||Project Work|
|Information Systems (IS)|| -|
|Insurance Management (IN)|| -|
Eligibility for Post Graduate Diploma in Management [PGDM]
To apply for PGDM course, candidates must fulfil the below mentioned eligibility criteria:
- Graduation from a recognized college or university
- Minimum of 50% marks in graduation.
- Students securing below 50% marks should have appeared for some entrance examination so as to get a seat in their desirous college
|Top General Colleges In Tamil Nadu ||Top General Colleges In Uttar Pradesh||Top General Colleges In Karnataka||Top General Colleges In Delhi|
Post Graduate Diploma in Management [PGDM]: Admission Process
To apply for Post Graduate Diploma in Management course, various entrance exams are conducted in India from time to time. Those who have secured above 50% marks are exempted from entrance exams and can get direct admission in their choice of college. Those who have secured below 50% marks in graduation should give any of the following entrance exams to get admission in their college of choice.
Post Graduate Diploma in Management [PGDM]: Career Prospects
After completion of PGDM course, one can find a number of employment opportunities in both the public and private sectors. Students can go into research and educational institutes and become professors and teachers for Management, Accounting Business and Soft skills wherein their duty will be to impart their knowledge and expertise to the younger students.
Students can opt to become Human Resource Development Managers where they will have to comply to the standards set by the firm or company they work under and manage the human resource. Human Resource is a key component of any firm and effective management and leading skills are required.
Read more aboutMasters in Management courses
Some of the popular avenues open to postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Salary in INR|
|Administrative Officer||An Administrative Officer acts as the nodal point for all employees and governing authority. He provides administrative support and manages queries arising in the firm. The main duties of the Administrative Officer include managing and procuring office stock, preparing regular reports of expenses and office budgets. He also organizes company records to be used in future.||3-5 lacs|
|Business Consultants||They are also known as Management Analysts and work in areas like marketing, human resource management, finance and accounting. They aim to help improve companies by channelizing their assets in positive and profitable direction.||2-4 lacs|
|Finance Manager||The primary duties of a Finance Manager include creating and reviewing financial reports for the firm and monitoring various accounts. They prepare activity reports that are used by senior officials and forecast the financial trajectory of the firm. The financial managers design methods to improve profitability, sustainability and are always looking for business opportunities.||3-4 lacs|
|Human Resource Manager||HR managers are apt at performing a number of tasks. Their main responsibility is to lead, motivate and drive the working HR in the firm. They handle an organization's HR policies and programs like employee compensation, benefits, promotion, safety, performance, working capability and staffing levels.||2-3 lacs|
|Public Relation Officer||A PR Officer is responsible for managing reputation of his or her firm. As a PR officer, you will have to understand and gain support for your clients. You should have the ability to influence someone's opinion and behavior. All forms of media and communication are used to build, maintain and improve the reputation of your clients under you.||4-6 lacs|