Let us start off with the basics. What is a Pgdm course and what is an MBA?

What is a PGDM course?

A Post Graduate Diploma in Management is a professional 2-year course that is equivalent to an MBA. The distinction merely exists because autonomous institutions do not have the power to grant management degrees. However, Pgdm Courses are approved by the All India Council for Technical Education (AICTE) and are taught in some of the most prestigious autonomous institutions in India and are therefore no less than an MBA. With a variety of specialisations being offered and combining entrepreneurship and practical management skills, these courses are designed primarily for professionals who are currently working or have work experience, thus boosting their career. Students who are looking for courses after graduation but desire a certain amount of flexibility also benefit from a PGDM course especially in a distance learning mode, such as We School’s Hybrid Distance Learning Programme.

What is an MBA?

A Master of Business Administration, on the other hand, is an internationally recognised post graduate business degree. Technical, managerial and leadership skills are the primary focus of such degrees. They are granted by Indian universities and therefore have a longer history of success and fame. However, besides their historical prestige, there is not much of a difference between an MBA and a PGDM.

Next, we shall explore the PGDM and MBA further and understand which is better and why.

Benefits of a PGDM over an MBA

Course Design – PGDM courses are usually more industry-oriented than MBA courses as they focus more on practical rather than theoretical knowledge. This means that PGDM courses have a more open-minded and learner-based approach than MBAs.

Specialisations – PGDM courses usually offer several specialisations to choose from. At We School, students have the opportunity to choose from 18 course specialisations and are spoiled for choice for sure!

Skills – Hands-on corporate exposure means you have the opportunity to hone your communication, analytical and interpersonal skills to a better and finer degree than in an MBA programme. This also means you will have a wider variety of skill sets that organisations find extremely valuable and desirable.

Placement – Autonomous institutions have built better corporate networks and thus are better placed to place you! They organise job fairs and internships that can even get you Pre Placement Offers that are quite lucrative.

Mentors – Many reputed institutions hire reputed and seasoned faculty thus creating a unique and challenging environment for the students. When the teachers are competent, the students automatically become successful.

Financing – Since PGDM courses at reputed institutions are well recognised, banks are more willing to provide financial aid to such students. Low interest schemes and flexible loans are easy to repay once placed.

Opportunities – PGDM courses are a breeding ground for the entrepreneur in you. There is never a bad time to pitch your ideas during a PGDM course as it also equips you with the required exposure and skills that you need to be successful start-up.

We hope that with this brief summary of the basics, you have understood what a PGDM course is and why do a PGDM. The aim of this piece is to help you understand the benefits of a PGDM and MBA and which is better as well as the difference between a PGDM and an MBA. Why don’t you tell us from experience – who would win in a battle of PGDM versus MBA?!

The post PGDM Versus MBA – Who Will Win? appeared first on Welingkar Hybrid Program Blog.