What is the full form of PGDM?

What is PGDM?

The full form of PGDM is Post Graduate Diploma in Management. Students who are unable to do MBA due to any reason can go for its alternative called PGDM. You can pursue the course after completing your graduation. Regular, part-time, and online courses are available and you can do any of them. Candidates have to score at least 50% marks in their graduation to pursue the course. Graduation can be done from a y stream. In order to get admission for a PGDM course, you will have to appear in any of the following entrance exams −

• CAT

• MAT

• XAT

• NMAT

• CMAT

You will get a diploma after completing the course. You can pursue the course from a university or an institute that has been approved by AICTE. You can also go to autonomous B-schools for the course.

Duration of PGDM Course

The course can be completed in the duration of 2 years and anybody can apply for it as there is no age limit.

Reasons for pursuing PGDM Course

There are many reasons that people want to pursue PGDM course and some of them are as follows −

Training Sessions

Many organizations hold training sessions for their employees at regular intervals. This helps employees to become better professionals.

High Earning

Students who pursue the PGDM course are in high demand in the market. Freshers can make their career easily after pursuing the course as they can get jobs in different types of industries.

Graduation Stream

Students from any graduation stream can pursue the course. These streams can be arts, science, commerce, etc.

Fusion of different Streams

PGDM is an amalgamation of different streams like accountancy, management, economics, taxation, and many more.

Personality Development

Students get a good knowledge of different subjects and they can keep upgrading their knowledge at regular intervals. This helps them in developing their personality and they can enter any industry easily.

Types of PGDM Courses

PGDM courses are of different types and you can pursue any of them as per your convenience. Let us discuss each of them in detail.

Distance

There are many institutes in India that provide distance PGDM courses. Students who are unable to pay high fees or professionals who are unable to attend regular classes can go for the Distance PGDM courses.

Full-Time

This PGDM course is for those students who can come to the campus and attend classes regularly. They will get assignments to complete and will be directed by full-time instructors.

Part-Time

Part-Time PGDM course is for those students who cannot attend classes regularly but can do so on holidays at night, and on weekends. Such students can also go for online instructions. Such courses can also be taken up by working professionals.

Eligibility Criteria

PGDM courses are provided by different colleges and universities and each of them has different eligibility criteria. But some of them are common which we will enlist here −

• A bachelor’s diploma or a degree in any stream is necessary to take up the course.

• Students need to obtain at least 50% marks to get admission.

Admission Process

Students who have pursued at least 50% marks are eligible to pursue the course. They have to go for entrance exams conducted by CAT, MAT, XAT, NMAT, and CMAT. If you want to do a full-time or a distance PGDM course, you have to pass the entrance exam. The students who want to do part-time courses are selected on the basis of merit. Students have to obtain the minimum passing marks in the entrance exams to get admission in an institute.

PGDM Specializations

There are different types of specializations and students can opt for any of them to become an expert. These specializations are as follows −

• International Business

• Marketing

• Operations Management

• Sales and Marketing

• Banking and Finance Management

• Advertising & Brand Management

• FMCG & Retail

• Information Technology

• Supply Chain Management

• Pharmaceutical Management

• Material Management

• Human Resource Management

• Foreign Trade and Event Management

• Logistics and Supply Chain Management

• Business Analytics

• Digital Marketing

• Entrepreneurship

• Finance

• Hospitality Management

• Information Systems

• Data Science

Career Opportunities

You will get a lot of job opportunities after completing the course. Some of them are listed below −

• Product Manager

• Accounts Manager

• Advertising Manager

• Human Resources Manager

• Marketing Manager

• Operations Manager

• Supply Chain Manager

• Finance Manager

• Sales Manager

Different subjects covered in PGDM courses

Subjects that are covered in the PGDM courses are as follows −

• Entrepreneurship

• Agriculture

• Communication

• Economics

• Finance and Accounting

• Human Resource Management

• Marketing

• Organizational Behaviour

Difference between MBA and PGDM

MBA and PGDM are post-graduation courses and there are a few differences which can be found in the table below −

MBA	PGDM
Degree	Post graduate diploma
Has a duration of 2 years	Duration can be 1 to 2 years
Admissions through entrance exams only	Admissions through entrance exams but some colleges also take direct admissions
Average Salary can be between 8 LPA to 13 LPA	Average Salary can be between 8 LPA to 13 LPA

Conclusion

PGDM can be expanded to Post Graduate Diploma in Management. The duration of the course is two years and students who pursue this course can get jobs in public and private sectors. Candidates who pursue this course are in demand in all industries.

FAQs

FAQ 1: What is the full form of PGDM

Ans: The full form of PGDM is Post Graduate Diploma in Management. The duration of this course is 2 years and can be pursued by those students who have completed their graduation in any stream.

FAQ 2: Can I get government jobs after doing PGDM?

Ans: Yes! You can apply for government jobs after pursuing the PGDM course.

FAQ 3: What types of PGDM courses are available?

Ans: There are different types of PGDM courses available and they include part-time, online, and regular.

FAQ 4: What types of jobs can I get after PGDM?

Ans: You can get jobs of managerial positions like accounts manager, project manager, human resources manager, etc.

FAQ 5: How much percentage in graduation do I need to appear for the entrance exam for PGDM?

Ans: You need to achieve at least 50% marks to appear in entrance exams for PGDM.