{"id":6000,"date":"2022-04-23T15:53:34","date_gmt":"2022-04-23T15:53:34","guid":{"rendered":"https:\/\/nfaii.org\/blog\/?p=6000"},"modified":"2022-04-23T15:53:38","modified_gmt":"2022-04-23T15:53:38","slug":"pgdm","status":"publish","type":"post","link":"https:\/\/nfaii.org\/blog\/pgdm\/","title":{"rendered":"PGDM"},"content":{"rendered":"

PGDM<\/span><\/i><\/b>\u00a0<\/span><\/p>\n

PGDM<\/span><\/a> stands for post graduate diploma in management \u2013 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.<\/span>\u00a0<\/span><\/p>\n

ELIGIBILITY:\u00a0\u00a0 <\/span><\/b>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.<\/span>\u00a0<\/span><\/p>\n

COURSE:<\/span><\/b> The PGDM course consists of market and industry-based programs. One can opt for any specialization among:\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

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  1. MARKETING\u00a0<\/span><\/li>\n<\/ol>\n

    2.HUMAN RESOURCE MANAGEMENT\u00a0<\/span>\u00a0<\/span><\/p>\n

    3.FINANCE<\/span>\u00a0<\/span><\/p>\n

    4.FOREIGN TRADE<\/span>\u00a0<\/span><\/p>\n

    5.BUSINESS ANALYTICS<\/span>\u00a0<\/span><\/p>\n

    6.SUPPLY CHAIN MANAGEMENT, ETC.<\/span>\u00a0<\/span><\/p>\n

    ADMISSION CRITERIA: <\/span><\/b>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.<\/span>\u00a0<\/span><\/p>\n

    SCOPE:<\/span><\/b> PGDM has a vast scope in every industry like:<\/span>\u00a0<\/span><\/p>\n

    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.<\/span>\u00a0<\/span><\/p>\n

    2.RESEARCH ORGANISATION: Students who did there PGDM in analytics can get a high paying job in this sector.<\/span>\u00a0<\/span><\/p>\n

    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.\u00a0<\/span>\u00a0<\/span><\/p>\n

    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.<\/span>\u00a0<\/span><\/p>\n

    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.<\/span>\u00a0<\/span><\/p>\n

    WHY PGDM:<\/span><\/b>\u00a0<\/span><\/p>\n

      \n
    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.<\/span><\/li>\n<\/ol>\n

      2.WIDE SPECTRUM OF KNOWLEDGE: PGDM provides knowledge in wide spectrum of subjects rather than focusing on a single subject.<\/span>\u00a0<\/span><\/p>\n

        \n
      1. HIGH PAYING JOBS: PGDM course offers a high paying job and a hike in salary and promotions at decent levels.<\/span><\/li>\n<\/ol>\n

        WHO SHOULD D0 PGDM:<\/span><\/b>\u00a0<\/span><\/p>\n

        1.Students who want to pursue career in management\u00a0<\/span>\u00a0<\/span><\/p>\n

        2.Any student or working professional can do online PGDM or distance PGDM.<\/span>\u00a0<\/span><\/p>\n

        3.Since PGDM does not have any stream barrier, students can shift their career into something they are interested in.<\/span>\u00a0<\/span><\/p>\n

          \n
        1. People with hefty work experience can pursue PGDM as there is no discrimination on age basis in management institute.<\/span><\/li>\n<\/ol>\n

          WHEN TO DO PGDM:<\/span><\/b>\u00a0<\/span><\/p>\n

          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<\/a> is determined by the individual.<\/span>\u00a0<\/span><\/p>\n

          \u00a0<\/span>\u00a0<\/span><\/p>\n

          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.<\/span>\u00a0<\/span><\/p>\n

          \u00a0<\/span>\u00a0<\/span><\/p>\n

          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.<\/span>\u00a0<\/span><\/p>\n

          TYPES OF PGDM:<\/span><\/b>\u00a0<\/span><\/p>\n

          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.<\/span>\u00a0<\/span><\/p>\n

          \u00a0<\/span>\u00a0<\/span><\/p>\n\n\n\n\n\n\n
          Types of PGDM<\/span><\/b>\u00a0<\/span><\/td>\nEligibility<\/span><\/b>\u00a0<\/span><\/td>\nAdmission<\/span><\/b>\u00a0<\/span><\/td>\nFees<\/span><\/b>\u00a0<\/span><\/td>\n<\/tr>\n
          Full Time<\/span>\u00a0<\/span><\/td>\nBachelor\u2019s Degree with 50% marks<\/span>
          \nFor IIM 60% marks<\/span>\u00a0<\/span><\/td>\n          		Entrance Based<\/span>\u00a0<\/span><\/td>\nINR 4- 24 LPA<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
          Online<\/span><\/a>\u00a0<\/span><\/td>\nBachelor’s Degree<\/span>\u00a0<\/span><\/td>\nMerit Based<\/span>\u00a0<\/span><\/td>\nINR 10,000-15,000<\/span>\u00a0<\/span><\/td>\n<\/tr>\n
          Distance<\/span><\/a>\u00a0<\/span><\/td>\nBachelor’s Degree<\/span>\u00a0<\/span><\/td>\nEntrance Based<\/span>\u00a0<\/span><\/td>\nINR 30,000-50,000<\/span>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

          \u00a0<\/span><\/p>\n

          WHAT ARE DIFFERENT PGDM SPECIALIZATIONS<\/span><\/b>\u00a0<\/span><\/p>\n

          PGDM offers several sections in which you can specialize as per your knowledge and interests.\u00a0<\/span>\u00a0<\/span><\/p>\n

          Some of the specializations offered in a PGDM program are:<\/span>\u00a0<\/span><\/p>\n