What is the Difference Between PGDM and MBA

[mitbusinessschool]

Do you know the difference between PGDM and MBA courses? Which is better and why?

[greatlearningpgpbda]

Do you know the difference between PGDM and MBA courses? Which is better and why?

WHAT IS MBA?
The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management. The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.


Most MBA programs include a "core" curriculum of subjects, such as accounting, economics, marketing, and operations, as well as elective courses that allow participants to follow their own personal or professional interests. Some schools require that MBA candidates complete an internship at a company or organization, which can lead to concrete job opportunities after the program.

Quality business schools generally require that candidates have at least a few years of professional work experience before starting an MBA program. Applicants are also asked to submit Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE) scores, academic transcripts, letters of reference, and an essay or statement of purpose that reflects why they want to pursue an MBA. Non-native English speakers usually have to prove adequate English skills with TOEFL or IELTS scores, or through previous academic experience.

The MBA is currently the most popular professional degree program in the world. Today there are over 2,500 MBA programs offered worldwide; most are offered in English. First introduced at universities in the United States around the turn of the 20th century, MBA programs have evolved to keep up with the demands of the times.

WHAT IS PGDM

PGDM expands to Post Graduate Diploma in Management, the confusion starts when you see the term Diploma. Many students are of the view that it is a Diploma course and not a Degree; you are right to an extent that 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. Even IIMs, XLRI's doesn't offer MBA degrees they only give PGP Diploma or PGDM since they are autonomous and independent bodies. On similar lines AICTE (All India Council for Technical Education) is allowing approved colleges to run a PGDM course. Some Business Schools offering this AICTE PGDM course need not be autonomous, the PGDM course will be autonomous given by the Institute & directly approved by AICTE, Ministry of HRD, Govt of India.

Just like how UGC - University Grants Commission controls the Universities in India, AICTE - All India Council for Technical Education has control on both technical and management courses and especially colleges not under Universities. Even colleges offering UGC recognized MBA Programmes in most cases should have AICTE approval.

[Kiran645]

Thanks for this information.............it is also help full.....for others

[Nirajdayal Singh]

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[tapmiinstitute]

Both MBA and PGDM has its own value and doing anyone can trigger to a good career opportunity in management.

[MBAobserver]

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[mckv]

I think difference is diploma and degree.

[Sampada Sharma]

Do you know the difference between PGDM and MBA courses? Which is better and

• Only universities can offer MBA: Institutes which are not affiliated to university are autonomous and can offer PGDM degree. However, these programmes are approved by regulatory bodies such as AICTE. Also IIMs, though being the best of the lot, can’t offer MBAs as they are not affiliated with any university.
  
  
• Difference in focus of curriculum: While there are huge similarities in the curriculum of both MBA and PGDM, there are finer points of difference. While MBA focuses more on theoretical aspects of management and is more exam-oriented, PGDM has a focus on building soft skills and is industry-oriented. It prepares you for the job market.
  
  
• MBAs are more affordable: In compared to PGDM, generally MBAs are more affordable as the fees is almost similar to university standard.
  
  
• Difference in focus: An MBA will help in developing technical skills and business knowledge whereas a PGDM will prepare graduates for senior level positions in industry and paves the way for a strong corporate career.
  

why?

[DavidMike]

PGDM is not equal to MBA but it is worth for working professionals to grab more opportunities. Whereas an MBA is a regular course will be taken mostly by students and working pros as well. You might not get expertise subject knowledge in PGDM but MBA can help you grow more in business administration and management.

[Career655consult]

Both the courses train you for managerial and leadership positions, there are quite a few technical differences. Perhaps the most striking among these are the formal names of each. To differentiate, let us discuss:

What is MBA? - MBA, short for Master of Business Administration, is a post graduate degree.
On the other hand, PGDM, which stands for Post Graduate Diploma in Management, is in fact a diploma.

As MBA is a degree, it can only be offered by universities and institutes affiliated to universities. Their curriculum is accredited by the University Grants Commission (UGC). On the other hand, autonomous bodies like IIMs are not authorized to offer a degree. Therefore, their course, the Post Graduate Course in Management is recognized as a diploma and is regulated by the All India Council for Technical Education (AICTE).

However, if you wish to pursue higher education abroad, a PGDM is considered to be a diploma, while a university-affiliated MBA is counted as a degree, giving you a better standing.

In India, as well as overseas, both MBA and PGDM courses are regarded as having equal value when it comes to career prospects. Having a PG diploma instead of a degree is certainly not considered to be a drawback. In fact, it is the reputation of your university or institute and more importantly, your professional capabilities that truly matter.

Now that you have a better understanding about the differences between the two programs, you can evaluate the courses, its benefits, prospects and choose as per your academic and professional preferences.

[heritageschools]

Do you know the difference between PGDM and MBA courses? Which is better and why?

PGDM stands for Post Graduate Diploma in Management. It is a diploma course done after the graduation. Whereas MBA stands for Masters of Business Management. it is a two year degree after completing bachelors. 

Post Graduate Diploma in Management (PGDM) or Post Graduate Programme (PGP) or Masters in Business Administration (MBA) are both management courses at Master’s level. Both the courses have a commercial orientation and it’s difficult to differentiate between the two.

While both the courses have almost similar outcomes in terms of employment prospective, there are some subtle differences.

[ilamindia]

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[Sampada Sharma]

PGDM or Post Graduate Diploma in Management is offered by autonomous institutions as they cannot offer MBA. Today most of the students are in a confusion whether to opt for an MBA or a PGDM. Both are different but PGDM has got a couple of benefits when compared to MBA.
The major plus of PGDM course over MBA is that the curriculum of PGDM is more flexible. It will get updated from time to time. Whereas the curriculum of MBA won’t be like that, as MBA course is offered by institutions which are affiliated to universities, the curriculum will get updated once in 3-4 years or maybe more. The curriculum of MBA is more exam-oriented and covers the theoretical aspects, while that of PGDM is more industry-oriented and covers the soft skill aspects. In fact, PGDM makes you industry ready and prepares you for the market. An MBA course is for those people who would like to get a comprehensive view of the program, whereas, a PGDM course is for those who would like to specialize in their areas of interest, it’s more like having an in-depth knowledge.
MBA helps the students in developing their technical knowledge, while a PGDM course will make the students ready for senior and complex roles in management and in fact, paves way for a brighter future in career. Hence, if you are looking for a career in the demanding and challenging zones of management, then PGDM will be the best to step into.

[nupur343]

Do you know the difference between PGDM and MBA courses? Which is better and why?

Yes i know the difference between PGDM and MBA

PGDM stands for Post Graduate Diploma in Management. It is a diploma course done after the graduation. Whereas MBA stands for Masters of Business Management. it is a two year degree after completing bachelors. 

Post Graduate Diploma in Management (PGDM) or Post Graduate Programme (PGP) or Masters in Business Administration (MBA) are both management courses at Master’s level. Both the courses have a commercial orientation and it’s difficult to differentiate between the two.

While both the courses have almost similar outcomes in terms of employment prospective, there are some subtle differences.

[mibmg]

MBA v/s PGDM: What should you choose?

MBA: A Master in Business Administration (MBA) is a degree course offered by the colleges affiliated to the universities. So, only universities can offer MBA programmes.

PGDM: A Post Graduate Diploma in Management (PGDM) is a diploma course offered by the institutes that are recognised and which are autonomous and not affiliated to any university. However, accreditation by MIBM GLOBAL makes an institute's PGDM course equivalent to an MBA.

Difference between the curriculum:

Although there are similarities between the curriculum of both, differences exist as well. A student pursuing MBA will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines.

A student pursuing a PGDM course will be gaining knowledge regarding building soft skills and the programme is more industry-oriented. An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.

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