PGDBM is a full-time post-graduate diploma course. The duration of this course is 2 years divided into 4 semesters. Candidates who have completed bachelor’s degree in business management or any equivalent bachelor’s degree with 50% of marks from a recognized university are eligible for PG Diploma in Business Management (PGDBM) course.
Many colleges and institutes offer this Post Graduate Diploma in Business Management course in India. Every college and institute has their own eligibility criteria, fees structure, and admission process.
Some of the top institutes are
- Guru Nanak Dev University, Amritsar
- Tilka Manjhi Bhagalpur University, Bhagalpur
- Chandigarh University
- All India Institute of Management Studies, Chennai
- JK Business School, Gurgaon
The average fee for this course ranges between INR 4,000 to 20 Lacs based on the student’s marks or scores obtained in their bachelor’s degree examination or an entrance exam.
Admission for PGDBM course is on merit-based or entrance-based. Many colleges select candidates through merit-list prepared by a university for this course admission. Some of the reputed institutes conduct entrance examination along with a personal interview round for selecting candidates for course admission. Entrance exams may vary from one institute to another. Few colleges directly admit students for this course admission.
This course provides advanced skills, knowledge, and competencies in the functional areas of management. This course focuses on the features and importance of the management which is the most relevant element in the business success. This course will ensure that applying management competencies to change the business environment to drive organizational growth.
After completion of this course, graduates may get opportunities in areas like Colleges and Universities, Import and Export Houses, etc. Graduates may work in positions like a Business manager, Business analyst, Business development manager, Product manager, Marketing manager, financial analyst, Procurement manager, Sales assistant manager, etc. The average salary for these professionals ranges between INR 2 to 25 Lacs based on their experience and expertise in this field.
PGDBM: Course Highlights Table
Written below are some of the major highlights of the course.
|Course Level||Postgraduate Diploma|
|Examination Type||Semester type|
|Admission Process||Merit-based or Entrance-based|
|Top recruiting organizations||Parexel International, Mangates, Gartner Inc., Esri India|
|Top recruiting areas||Colleges and Universities, Import and Export Houses|
|Top job profiles||Business manager, Business analyst, Business development manager, Product manager, Marketing manager, Financial analyst, Procurement manager, Sales assistant manager|
|Course Fee||INR 4,000 to 20 Lacs|
|Average Starting Salary||INR 2 to 25 Lacs|
PGDBM: What is it about?
PGDBMcourseprepares individuals to integrate their knowledge of organizational behavior, communication studies and psychology into tackling real-world scenarios and finding solutions. The course has a particular focus on the human resource elements of business and will help students to develop the skills needed to contribute to the management and development of staff to further the organization’s goals.
This course is designed to develop skill full and strategic managers who are knowledgeable and experienced in teamwork and relationship building. This program aims to provide future business leaders with a solid grounding in management disciplines, as well as the interpersonal and analytical skills to compete in the global marketplace. Graduates are prepared for advanced careers in a variety of corporations and businesses.
PGDBM: Top Institutes
Given below are the college names, location and the average structure of the fees which will be taken by the college for this course.
|COLLEGE NAME||CITY||AVERAGE ANNUAL FEE IN INR|
|Indian Institute of Business Management||Mumbai||INR 35,800|
|Xavier School of Management||Jamshedpur||INR 20,00,000|
|Symbiosis Institute of Management Studies||Pune||INR 60,000|
|Chandigarh University||Chandigarh||INR 1,59,000|
|Academy of Management Professional Development||Thane||INR 2,74,000|
|Advanced Institute of Management||New Delhi||INR 18,40,00|
|Alagappa Institute of Technology||Chennai||INR 4,000|
|Bharati Vidyapeeth Mahavidyalaya||Pune||INR 5,50,000|
|Bharti Vidyapeeth Institute of Management and Research ||Mumbai||INR 1,91,000|
|Central India Institute of Management Studies||Nagpur||INR 36,000|
|Delhi Institute of Technology and Paramedical Sciences||Delhi||INR 26,000|
|IIKM Business School||Calicut||INR 1,67,500|
|Jain College||Bangalore||INR 10,000|
|JK Business School||Gurgaon||INR 2,82,000|
|KC College of Management Studies||Mumbai||INR 16,000|
|Maharaja College of Management||Udaipur||INR 1,985|
|NMIMS University||Mumbai||INR 12,000|
|Osmania University||Hyderabad||INR 20,000|
|Swami Vivekanand University||Madhya Pradesh||INR 11,000|
Candidates who have completed bachelor’s degree in business management or any equivalent bachelor’s degree with 50% of marks from a recognized university are eligible for PG Diploma in Business Management course.
Candidates who have completed their 3 years Diploma course in any stream from a recognized board are eligible for this course. The percentage may vary from one college to another. Eligible candidates may apply for this course through online/offline in respective college official website or admission office.
PGDBM: Admission Process
Admission to PG Diploma in Business Management course is based on merit-based or entrance-based. Many colleges select candidates through merit-list prepared by a university for this course admission. Some of the reputed institutes conduct entrance examination along with personal interview for selecting candidates for course admission.
Some of the common entrance exams conducted by the colleges/universities are:
Entrance exams may vary from one institute to another. Few colleges directly admit students for this course admission.
PGDBM: Syllabus and Course Description
A year-wise syllabus for Post Graduate Diploma in Business Management is given below. The syllabus may vary from one college to other.
|Year I||Year II|
|Principles and practices of management and organizational behavior||International Logistics|
|Management accounting||Financial Institutions and Banking|
|Managerial economics||Strategic Management|
|Business communication||Foreign Exchange Management|
|International economics||International Marketing|
|International business management||Marketing Research|
|Economic environment and business||Exim Policies and Procedures|
|Management information system||International Finance|
|International commercial law||Corporate Governance|
PGDBM: Who should opt?
- Candidates who have interest in business management and related fields are suitable for this course.
- Candidates who have knowledge in business management and managing skills are suitable.
PGDBM: Career Prospects
This course prepares graduates for a career in business management which may stretch across any industry or sector. These professionals may work in sectors are utilities, chemicals, health, fashion, construction, and grocery all require functional managers with a clear understanding of operational issues, systems, and their efficiency. Some of the major roles graduates may place in are
- Business adviser
- Data analyst
- Forensic accountant
- Management consultant
- Project manager
- Social media manager
- Operational researcher
- Actuarial Analyst
- Chartered management accountant
- Data scientist
- Risk manager
- Sustainability consultant
Professionals in this field may get opportunities in areas like business, consulting, management, banking, accounting, finance, recruitment, human resources, markets, business policy, information technology, etc. Employees should have an understanding of organizational structure and behavior, a creative approach to problem-solving, analytical and critical thinking, and decision-making skills.
Further Study: Candidates who wish to study more and gain knowledge and skills in Business Management can further go for higher studies like Doctorate program in business management. A lot of opportunities are available for these graduates after completing this course.
Given below are the major job positions, their descriptions, and the Average annual salary for each position:
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY IN INR|
|Business Manager||Business managers are responsible for providing an analysis of the existing practices of a company and make recommendations for improvements. They are frequently specializing in one area of business management, such as human resources. They may hire a healthcare business consultant to help further develop its employee training programs or a distribution center may hire a logistics business consultant to streamline its shipping department.||7 to 8 Lacs|
|Business Analyst||Business analysts are responsible for planning and organizing the activities of businesses and non-profit organizations. Depending on the organization, they may also be responsible for overseeing a variety of departments from human resources to accounts payable. Some job duties may include coordinating educational assignments for staff, reviewing budgetary information, monitoring expense reports, interpreting financial data, and they performing the cost-benefit analysis on internal programs.||5 to 6 Lacs|
|Sales Assistant Manager||Sales assistant managers are responsible for coordinating the operations of the sales department across the globe by establishing goals and monitoring the volume of sales from staff members. They must also review progress reports that will help them determine customer needs, sales potential, and the pricing of products or services. They will be assigned territories or geographic regions by an international sales manager and managers will constantly monitor and evaluate their progress.||4 to 5 Lacs|
|Product Manager||Product managers are responsible for supervising a media production stays on schedule whether through hiring or budget management. They are working in this position typically have a bachelor's degree in film production but a degree in business management is also viable. This field in the job market is growing as these companies are always on the lookout for strong managers.||8 to 9 Lacs|
|Financial Analyst||Financial analysts are responsible for assisting clients in personal financial matters, retirement planning, investment strategies and insurance options. They need a keen understanding of banking, insurance, and stock market practices. A successful financial advisor requires a minimum of a bachelor's degree in a finance-related field, and some need to be licensed. The Certification is voluntary and can lead to enhanced job prospects.||3 to 4 Lacs|