Which is better pgp or pgdm?

Global Institute of Business Studies in dynamic Bangalore has been conquering many milestones with the AICTE-approved PGDM during a short existence since 2010. The 2-year full-time AICTE approved PGDM program has successfully fulfilled the wildest dreams of energetic and dedicated girls and boys with super appointments. The truth is that the present is an age of business management worldwide, and it is the only field that offers high salaries and fast promotions up the corporate ladder. The hottest areas earlier of medicine and engineering too are different forms of business! A doctor or an engineer with business training would be doubly fruitful.

In quest of professional diplomas

The reverence for university education that has continued for ages is now somewhat changing. Easy and cheap online training with multimedia facilities has spread the light of knowledge far and wide. So much does everybody know these days that specialization is rare? A little information makes you appear like an expert. The most significant expert is Google, of course, to whom everybody turns with a million questions each day.

Bachelors and masters, along with doctorates, continue to have their say, and many of them are purely academic courses. Universities confer them directly or through colleges affiliated with universities. Autonomous institutions not affiliated with the university, do not have the power to award them.  Best Management Institutes with Placements in Bangalore offer the PGDM course.

Autonomous colleges grant PGDM and the PGP diploma

We live in an age of mighty development of educational resources. Digital data and technology have proved a great bonanza for the student fraternity. Since autonomous colleges can grant diplomas, PGDM has been in high demand. PGDM in India is treated on the same level as an MBA that is globally recognized. Both are postgraduate courses, and both are 4-semester courses stretching over two years. In terms of syllabi and study topics, internships and placements, they are similar. Institutions may differ in terms of reputations and effectiveness, fees and faculty, infrastructure, and location. Study at the top 10 PGDM colleges in Bangalore for a glittering career.

PGP diploma courses

As compared to the two years AICTE approved PGDM, the PGP or postgraduate program is also two years long but unregulated and hardly known or recognized. Accreditations mean everything. Some institutions offer PGP of a single year just like the Executive MBA. A single year does not provide many opportunities for extensive study. Finance or marketing, IT, or HR are some possibilities. Such a PGP diploma, whether for one or two year’s duration, will not prepare you for a good career beginning. On the other hand, the AICTE supported PGDM will be beneficial.

PGP will benefit professionals with experience who wish to upgrade qualifications. Careers are getting so competitive that everybody is searching for higher education and better jobs. In this race, companies often sponsor employees and send them for higher education or training workshops, seminars, and study tours. In terms of careers that may last several decades, a single year or even two years is a brief sacrifice if the benefit is added learning and experience in a world-class institution with super faculty and elaborate educational infrastructure. Climbing the career ladder further seems quite possible. Never stop dreaming!

Advantages of autonomous institutions

Mighty universities with excellent reputations do bring confidence with a world of contacts and senior faculty. Autonomous colleges have some benefits of being more up to date with syllabi and are industry centered in realistic terms. While the university syllabus may change once in several years, autonomous colleges are continually trying to catch up with industry trends. Single colleges have simpler systems and procedures as compared to the university that may be very elaborate and have umpteen rules and regulations, procedures, and laws.

While PGDM is a diploma, PGP translates into Post Graduate Program and provides you with merely a certificate of completion. And unlike the PGDM, PGP does not encompass all the required subjects of management first and then moves on to a core area.

PGP or Post Graduate Programme have less popularity among management students. On the other hand, PGDM or Post Graduate Diploma in Management is the most popular diploma level course in management. Both courses can be pursued after completion of a Bachelor’s degree. Many students have a misconception that both are same in the term of curriculum and industrial requirement. Here we have listed some aspects that show there is a huge difference in both of them.

Eligibility Criteria for PGP

PGP is a flagship management course offered by a prestigious institute namely the Indian Institute of Management. PGP or Post Graduate Programme is similar to MBA in the term of syllabus, duration, and eligibility. Here, all details regarding PGP eligibility are listed below:

Eligibility Criteria for PGDM

PGDM or Post Graduate Diploma in Management course is offered by private institutes in India. Candidates who seek admission in PGDM meet with basic eligibility criteria that are below mentioned:

Also Read: PGDM Vs. MBA: Which is Better for You?

Duration of PGP

PGP course is being offered by IIMs for 1-year certificate course which is divided into 4 semesters. The duration may extend up to 2 and a half year as per rules and regulation of IIMs. Furthermore, in the duration of 2 years, 2 to the 3-month training programme is also included.

Duration of PGDM

The duration of PGDM or Post Graduate Diploma in Management is 2-year, divided into 6 trimesters along with 2 to 3 months training programme. The duration may vary from institute to institute.

Admission Process of PGP

Most of the private institutes conduct own entrance exam. But candidates who are seeking admission in PGP at IIMA can follow a two-step process. In simple words, admission to this 2-year PGP is based on relevant entrance exam like CAT. In the first step, candidates must appear for AWT (Analytical Writing Test) after fulfilling all eligibility requirement. Then shortlisted candidates will compete Personal Interview Round. Overall, to get admission in PGP you have to crack the CAT exam.

In case, you want to take admission in any management college, then you should qualify for entrance exam like CAT/XAT/MAT/CMAT/GMAT.

Admission Process of PGDM

Both private and public institutes offered PGDM course in India. The admission to PGDM by most of the private institutes like IIM’s is accepted through national level entrance exam like CAT, MAT etc. However, an individual top-tier B-school provides admission to PGDM Programme based on competitive exam like XAT.

PGP Affiliation/Authorization

The Post Graduate Programme in Management can be only be offered by institutes and college that are registered as autonomous bodies like IIMs. IIMs are only enrolled to offer certificates and diploma courses like PGP and PGDM. They are not affiliated with any university as well as not recognized by the UGC. Therefore, the Post Graduate Programme in Management is recognized as a certification course and is regulated by the AICTE (All India Council for Technical Education).

PGDM Affiliation/Authorization

PGDM or Post Graduate Diploma in Management is a diploma level course offered by certain private institutes in India like IIMs. IIMs is an autonomous institute that is not affiliated with any University or College. IIMs institutes are the only ones who are established to provide courses like diploma course and certification course in Management. Even, they cannot offer MBA courses because of their independent status. Overall AICTE authorized B-Schools in India can offer PGDM course. Such institutes are directly approved by the AICTE (All India Council for Technical Education), under the Ministry of HRD, Government of India.

Experience Requirement for PGP

The PGP course does not require any kind of experience. Infect, during the course period candidates will have to get a great amount of work experience by doing on-field training. Overall, there is no work experience required for pursuing PGP.

Experience Requirement for PGDM

Due to the course popularity, some private colleges require a certain amount of experience. Such college requires 3 years to 4 years of work experience. If you pick any specialized PGDM then the experience requirement can increase and extend up to 5 years to 15 years.

Curriculum of PGP

As we already mentioned that PGP course is offered by autonomous institutes. So, the flexibility of course may depend on the demand of companies and industries which are recruiters of that industry. PGP course curriculum has 2 – semesters. One semester dedicated to 3 Terms including core subjects,  and the second semester is for elective subjects,  where you can select any subject as per your interest.

Though the syllabus may vary from institute to institute a standard 2 year PGP course is divided into 6 sessions. The course curriculum of PGP for the first year is listed below:

First Year Syllabus:

Term 1 – Financial Accounting, Managing Organization, Marketing Management, Microeconomics and Quantitative Methods.

Term 2 – Corporate Finance, Macroeconomics, Managerial Communication, Managing People and Performance in an organization, Quantitative Methods 2, Research and Marketing Decisions.

Term 3 – Business Law, Competition and Strategy, Indian Economy and Policy, Management Accounting, Information systems and Analytics, Operations Management.

Second Year Syllabus:

The second-year syllabus includes different elective subjects that are mentioned below:

Curriculum of PGDM

PGDM syllabus covers two areas namely core subjects and elective subjects. Core Subjects are being offered by institutes in Terms like Term I, Term II etc.

Syllabus of Term I – OrganisationalBehaviour, Quantitative Techniques, Business communication, Operation Management-I, Managerial Economics, Management Accounting and Control-I

Syllabus of Term II – Financial Management I, Macroeconomics, Marketing Management, Quantitative Techniques etc.

Syllabus of Term III – Financial Management-II, Marketing Management, Operations Management-II, Research Method, Marketing Management-II, Management Information System, Human Resource Management.

Syllabus of Term IV – Business Environment ( Indian and World Economy) and Strategic Management

List of Elective Subjects

PGP Objective

Post Graduate Programme in Management is a master level programme that provides managerial skills to their candidates along with lucrative career opportunities. The course offers educational knowledge and practical knowledge through internships and live projects. The main object of the course is to trained candidates for IT firms, the Finance sector, Consultancies firms and MNCs. The course is specially designed for those who are already working professionals but wants to pursue a management course for good job prospectus.

PGDM Objective

The PGDM course imparts knowledge of different aspects of the management and business sector. The main object of PGDM is to develop professionals for the IT and Business field. Its course curriculum sharpens candidates mind and prepares them for real-life difficulties.

PGP Job Profiles

A PGP certification holder can work as Business Consultant, Finance Manager, Operation Manager, ITES, Tech Consultant, Sales and Marketing Analyst, etc. They can also seek jobs in government sectors.

PGDM Job Profiles

After successful completion of the PGDM course, candidates can find jobs in both the private and public sectors. They will become Project Manager, Data Scientist, Auditor, Tax Specialist, Consultant, etc.

Bottom Line:

Both course, PGDM and PGP have their importance and also have demand among students. These two are known as the best option under the management domain. As we described, there is a minor difference between both of them. So before pursuing any course, check the entire details from start to end.

When is PGDM suited for you?

Before exploring the opportunities that will come your way after you complete a PGDM course, you must clearly understand that the PGDM is not like any other diploma. Although the acronym expands into Post Graduate Diploma in Management, modern companies give it the same prominence as the Masters in Business Administration or MBA. So, you will have the same offers from the same companies, irrespective of the fact that you are a PGDM holder that is technically a diploma.

With that established, PGDM is a full-fledged 2-year course in any of the best PGDM colleges in Delhi and you will have to devote your entire time in picking up the required managerial skills. The best time to pursue the course is when you are fresh out of your graduation and intend to step in directly at a higher level in the corporate hierarchy. You may also pursue it after gathering a few years of work experience in the field but that will require you to leave your current job and focus on your schooling only for the ensuing 24 months. But be sure here that placement after PGDM is almost always guaranteed. If you are looking for a quick promotion or a direct switch to an upper managerial level, PGDM is definitely for you.

When is PGP suited for you?

Again, start exploring PGP by recognising the clear difference between a PGDM and a PGP. While PGDM is a diploma, PGP translates into Post Graduate Program and provides you with merely a certificate of completion. And unlike the PGDM, PGP does not encompass all the required subjects of management first and then moves on to a core area. You can pursue a PGP course in a niche stream only, to learn the managerial aspects of a particular sector or gain skills quickly without giving as much time as a diploma.

PGP is perfect for working professionals who have already risen to a decent level in the corporate hierarchy. It is also an option for candidates who want to add an extra skill to their CV without leaving their current job. For instance, you can simply pursue a PGP course in Digital Marketing as an established marketing professional to pick its technicalities. You may also want to learn about the E-commerce sector quickly if your company is planning an expansion. Such quick knowledge may not require the broader umbrella of PGDM. A PGP course from a top college is more than sufficient.