HOW DOES AN MBA HELP YOUR CAREER?

HOW DOES AN MBA HELP YOUR CAREER?

HOW DOES AN MBA HELP YOUR CAREER?

An MBA can enhance your marketability as a professional and increase the quality and quantity of job opportunities. Over 98% of MBA graduates are extended full-time job offers. An MBA also helps you build business leadership skills, as well as a professional network. Wharton graduates are part of an extensive alumni community — over 99,000 strong in 153 countries.

 

MBA Course: Key Highlights

MBA is a popular course because students from any background - Science, Commerce and Humanities - can pursue it.

  • A regular MBAis a two-year course divided into four or six semesters. However, there are certain private institutes that offer one-year PGDM programme as well.
  • One can pursue MBA in various modes, such as, Full-Time, Part-Time, Online and Distance-Education. Interested candidates can also find programmecustomized based on their professional experience such as Executive MBA
  • Many management institutes offer or Post-Graduation Diploma in Management (PGDM), Post-Graduate Diploma (PGD) or Post-Graduate Programme (PGP) in Management instead of an MBA degree. There is not much difference between the two, but for the recognition.

 

  • "What is the difference between MBA and PGDM?”

Post Graduate Diploma in Management (PGDM full form) or Post Graduate Programme in Management (PGPM full form) and Masters in Business Administration (MBA) are both management courses at Master’s level. Both the courses have a commercial orientation and there is not much of a difference between PGDM and MBA. MBA and PGDM are both business-orientated courses.

Difference between MBA and PGDM

There are several other factors which make MBA and PGDM different entities. The below table indicates the basic differences between MBA and PGDM:

Parameters

PGDM

MBA

Approving Authority

AICTE, Ministry of HRD, Govt. of India.

AICTE, Ministry of HRD, Govt. of India, UGC Approval is needed at the university level.

Validity

Valid and equivalent to Post Graduate Degree.

Valid Post Graduate Degree.

Eligibility for PhD. and Lectureship

PGDM with a minimum of 55% aggregate are eligible to enrol for PhD. From Indian Universities. Also PGDMs eligible to teach PG students.

MBA with a minimum of 55% aggregate are eligible to enrol for PhD. From Indian Universities. Also MBAs eligible to teach PG students.

Placements

Depends upon the institution. Most of the PGDM institutions have better placement records than MBA institutions.

Depends upon the institution. Comparatively, Some of the MBA institutions like FMS, JBIMS have better placement records.

Course Syllabus

Dynamic, Gets updated as per needs of the industry. The syllabus is approved by AICTE.

The syllabus is prepared by universities and gets updated less frequently.

Innovative Practices

Teaching and training are multidimensional. Cases, simulations, presentations, short term training are part of pedagogy.

Limited scope for innovation as practices are defined by syllabus prepared by centralbody i.e. University.

Ranking in general (by business magazines and student-centric websites)

90% of top 100 are PGDM institutions owing to better teaching, training, exposure and placements. Eg: IIMs, XLRI, MDI, IMT, GIM, and many more.

Approximately 10 out of the top 100 are MBA institutions such as FMS, NMIMS, KJSIMS, SCMHRD, etc.

Equivalence

Equivalent to MBA from any Indian University. For PhD, Teaching (UGC NET) and all other purposes.

MBA a post-graduate degree.

Entrance Process

Thorough CAT/ MAT/XAT/ATMA and some state-level examinations like TSICET, MAH-CET etc.

Thorough national and state level entrance examinations like CAT, MAT, CMAT etc.

Examinations

PGDM institutions are authorized by approving body, AICTE, to conduct the  Examinations 

Examinations are conducted by University

 

Thank You.