PGDM

PGDM 

PGDM stands for post graduate diploma in management – a two-year program in business management equivalent to MBA that caters to industry requirement and help aspirants pursuing management to gain skills in business field and transform into a management professional. 

ELIGIBILITY:   In order to be eligible for this course one must have completed graduation preferably from management course. One major thing about this program is that student from any stream can apply for it. Admission in PGDM programs is mostly done through the entrance tests like CAT, XAT, CMAT, SNAP, NMAT etc. 

COURSE: The PGDM course consists of market and industry-based programs. One can opt for any specialization among:   

1. MARKETING 

2.HUMAN RESOURCE MANAGEMENT  

3.FINANCE 

4.FOREIGN TRADE 

5.BUSINESS ANALYTICS 

6.SUPPLY CHAIN MANAGEMENT, ETC. 

ADMISSION CRITERIA: The entrance test for PGDM program is conducted by many reputed institutes and group of institutes like IIMs (Indian institute of management). One must crack these entrance exams and further go through the process like, written ability tests, personal interview and group discussion etc. After going through all these process final results is announced on the basis of which students get admission in desired institute. 

SCOPE: PGDM has a vast scope in every industry like: 

1.PRIVATE SECTOR: Private sector industries are looking for the candidate with major managerial and industrial skills, for which they recruit many PGDM candidates at decent salary. 

2.RESEARCH ORGANISATION: Students who did there PGDM in analytics can get a high paying job in this sector. 

3.PUBLIC SECTORS: This sector also offers many jobs to PGDM candidates. You just need to keep track of the job openings in public sector.  

4.ENTREPRENEURSHIP: After gaining the business skills one can become entrepreneur and start one’s own business or start up. To be an entrepreneur one must have good leadership, communication and operational skills which PGDM provides. 

5.BUSINESS CONSULTING: If you are good at counselling and influencing people than you can go in consulting field, for example financial advisor in banking institutions. 

WHY PGDM: 

1. OPEN TO EVERY STREAM: Students from any streams can opt this course, there is no stream barrier in PGDM. Students of science, commerce, arts, English etc. can opt this course.

2.WIDE SPECTRUM OF KNOWLEDGE: PGDM provides knowledge in wide spectrum of subjects rather than focusing on a single subject. 

3. HIGH PAYING JOBS: PGDM course offers a high paying job and a hike in salary and promotions at decent levels.

WHO SHOULD D0 PGDM: 

1.Students who want to pursue career in management  

2.Any student or working professional can do online PGDM or distance PGDM. 

3.Since PGDM does not have any stream barrier, students can shift their career into something they are interested in. 

4. People with hefty work experience can pursue PGDM as there is no discrimination on age basis in management institute.

WHEN TO DO PGDM: 

1.The PGDM programme is designed to improve skills and satisfy industry requirements through a practical approach. The best moment to enrol in a PGDM programme is determined by the individual. 

2.After graduation, a PGDM programme will not be as beneficial as having a few years of experience under your belt. To get that huge payment that everyone dreams of, as well as for a managerial level job, major organisations require 3-4 years of work experience and appropriate skill addition to the resume. 

3.There is a lot of demand for PGDM courses because they are so rewarding. As a result, the Diploma degree comes at a hefty price. Students must be financially prepared. Many kids aren’t able to do so. 

TYPES OF PGDM: 

Due to an increase in the demand for PGDM courses, students now have a variety of alternatives to pick from among the various types of PGDM courses available. For example, a professional who wishes to study a PGDM degree to advance in his or her career can choose between a PGDM Distance course and a PGDM Online course, depending on his or her needs. 

WHAT ARE DIFFERENT PGDM SPECIALIZATIONS 

PGDM offers several sections in which you can specialize as per your knowledge and interests.  

Some of the specializations offered in a PGDM program are: 

• Specialization In Operations Management:
  If you think your operational skills are good and you want to enhance your knowledge in competency related subjects, operational management is the right specialization for you. 

  This course trains its students to improve their operational skills so that they can provide excellent solutions and services in minimum time and cost.

   

• Specialization In Business Analytics:
  Business analytics is also a very good scope of PGDM. QU (Quality Analysis) is considered an important part of any business. Business Analytics specialization trains the candidates in the fields of business analysis practices, tools, and techniques to deliver relevant insights from the data collected, extracted, and analyzed

  If you think you are best at analyzing, specialization in business analytics should be your choice.

   

• Specialization In International Business:
  Specialization in international business is a 2-year long course. This particular course basically imparts in-depth knowledge about the different characteristics of international business. 

  If you aim to work abroad, this is the specialization for you. 

   

• Specialization In Finance:
  This course is for students who want to learn more about the different features of financial management, such as market finances, global finances, working capital management, etc.

  The scope of PGDM in Finance is also useful for analyzing expenses, it teaches you how to create balance sheets and analyzing various ways to minimize cost. If finance is your interest, specialization in finance should be your choice.

   

• Specialization In Marketing:
  This course covers all aspects of marketing management, market research, etc. PGDM in Marketing helps students to enhance their knowledge. And also improve the market value of the business or product for which they are working, using various strategies and tools. 

Post-Graduation Diploma in Management opens many doors and provides several career options. All you have to do is choose the right specialization course based on your interest and expertise.  

If you think you are fit to take up the PGDM course and are looking for the best business school in India, visit Institute of management Indore and fulfill your career goals.