10 benefits of a PGDM over an MBA
PGDM and MBA courses are on the rise for aspiring students across the world. Be it students from any stream or working professionals - the vast majority are looking to enrol in a PGDM or MBA course to enhance their skill set and climb the coveted corporate ladder.
Yet, the pressing question is – what's better? Though an MBA has its face value and tag attached to it, PGDM isn’t much far behind. Both these courses have their own sets of advantages yet, PGDM excels in the duet. In this article, we will arrive at just what makes PGDM a better option than an MBA.
However, let’s first understand what these courses are to gain better insight.
What is a PGDM?
PGDM (Post Graduate Diploma Course) spans over two years and is offered at autonomous institutes which are recognized by the All India Council for Technical Education (AICTE). If an institution is also simultaneously accredited with the Association of Indian Universities, its PGDM course can be considered at par with an MBA. Corporates prefer PGDM’s over an MBA.
What is an MBA?
MBA is versatile and offers students a vast spectrum of options when it comes to choosing their specialization. Moreover, students with any educational background can pursue an MBA degree, be it science, commerce or arts. MBA is a flexible degree. You can either opt for a full-time course, a part-time course or an online course.
The difference’s doesn’t end here, Keep reading!
If you are a working professional with a few years of experience under your belt, you can opt for a PGDM. Such a degree will be customized according to your work experience and professional background. Amazon, Deloitte, Bain & Company and Citigroup are some of the top employers of PGDM graduates.
Why choose a PGDM over an MBA?
Let’s now dive headfirst into the main question – what makes a PGDM better than an MBA?
1. Course matches the industry needs.
Only autonomous institutes offer PGDM courses. It means that the course content is regularly updated, and is more suited to industry needs than an MBA program. While MBA courses go by the book, PGDM courses are more learner-oriented in contrast.
2. Interactive classrooms
There is never a dull moment inside a PGDM classroom. As mentioned earlier, this course is learner-oriented, so the classroom is lively with discussions, role-play, activities, and so much more. At the same time, there is no compromise with the learning outcomes. With only the brightest minds of the country studying PGDM, you can be assured of interacting with colleagues who will match your wit and intelligence and engage in friendly competition.
3. Broad scope
PGDM courses allow you to opt for specializations which will be immensely helpful during placements. For instance, if you have enrolled in Finance, you can choose Marketing or IT as your minor specialization in the second year.
4. The perfect stage for entrepreneurial bugs
If you are inclined towards entrepreneurship, PGDM is the best choice for you. You can pitch your project during your course and utilize the best opportunities for your start-up.
5. Sharpen your skills
Well, the atmosphere of a PGDM classroom is unlike anywhere else. You will get hands-on corporate exposure which will brush up your interpersonal and communication skills. The lively discussions in classrooms provide a platform to test and better your analytical and decision-making skills.
7. Building a corporate network
PGDM is a practical course that focuses on internships, organization study and on-job projects. You will get ample opportunities to build a robust corporate network that can even fetch you a Prep-Placement Offer. Moreover, these institutes have tie-ups with apex business houses of the country and even organize job fairs. No stone is left unturned when it comes to ensuring that students get the most lucrative offers.
8. Ease in financing
PGDM courses are offered by reputed AICTE recognized institutes of the country. Thus, the students can avail themselves of educational loans at low-interest rates and flexible terms.
9. Distinguished faculty
Since PGDM courses are only offered by the top-notch institutes of the country, the faculty is extraordinaire. These passionate teachers take it upon themselves to mould every student into a well-equipped corporate individual or entrepreneur.
10. Greater exposure
Here’s how PGDM courses offer fantastic exposure –
- Institute-sponsored management internships
- First-hand insights from modern industry leaders
- Intense classroom sessions