Post Graduate Diploma in Management vs Masters in Business Administration


Posted February 3, 2021 by dypatilbschool

PGDM standing for Post Graduate Diploma in Management is a management course at a postgraduate or masters level, similar to MBA.

 
PGDM standing for Post Graduate Diploma in Management is a management course at a postgraduate or masters level, similar to MBA. The two courses are very similar, and people often get confused. MBA is a university degree, and PDGM is a Diploma provided by a private college or a university. PGDM is a course approved by AICTE (All India Council of Technical Studies). This course is for two years and is offered by the best institutes and non-autonomous colleges in India.

PGDM courses are designed by the best in management and help students become professionals in the corporate world. Getting your diploma from the best PGDM colleges in Pune will widen your scope. Approximately 500 B-schools offer PGDM, including IIMS, XLRI, SP Jain, etc.

MBA and PGDM share similarities concerning core subjects, but their approaches are different. MBA concentrates on the theoretical and technical facets, whereas PGDM has a practical and industrial approach.

Universities are responsible for designing the MBA course, and the syllabus does not change for 5-10 years. This makes the course repetitive and irrelevant when it comes to placements. While in PGDM, institutions offering the course have complete responsibility of creating the course curriculum, and unlike MBA the syllabus is dynamic, and it gets updated according to the changes in the industry. This leads to the development of skills required in new market trends.

PGDM in Data Analytics

The data field is vast in the current scenario, with 1.5 quintillion bytes of data produced every day. All this data is a gold mine for companies across all industries as within itself; it hides tons of valuable information that can help them achieve their business objectives. It is estimated that by 2025 the world will fall short of data professionals. After knowing this, we can safely say that the demand from data analysts is high, and companies will be willing to pay high salaries to someone with skills and experience.

Associated with the field of data analytics, this course includes subjects that deal with technologies, applications, theorems, and processes applied in the interpretation and analysis of data to derive valuable insights.

To be eligible for this course, the candidate must have a bachelor’s degree from a known university. The candidate is required to have achieved at least a 50% aggregate mark in the graduate degree. Colleges prefer candidates who have taken mathematics as a subject in class 12th or during graduation. The admissions are based on the entrance exam and previous academic performance is also considered in some cases.

Being a relatively new stream, PGDM in business analytics has a vast scope in the digital world. Huge Companies are investing heavily in data analytics, and it has led to growth in the industry, making it worth $50 billion.

Top recruiting companies in PGDM in business analytics are Accenture, Amazon, Flipkart, IBM, etc.

PGDM is a great postgraduate option, especially when done from reputed institutions. Look for the best PGDM Colleges in Pune and give a boost to your
career.
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Issued By DY Patil BSchool
Country India
Categories Education
Tags pgdm colleges in pune , pgdm in business analytics
Last Updated February 3, 2021