Difference between MBA and PGDM

1
Difference between MBA and PGDM
2

• MBA Vs PGDM
• What do MBA and PGDM stand for? MBA (Master
  of Business Administration) is a degree, while
  PGDM (Post Graduate Diploma in Management) is a
  diploma program. As per the norms of the UGC,
  Colleges/Institutes affiliated to a university
  can offer MBA degrees. The autonomous/private
  Business Schools which are not affiliated to any
  university can offer the Post Graduate Diploma in
  Management (PGDM) programs.
• Hence, even apex institutions like IIM, XLRI,
  and SPJIMR offer PGDM and not the MBA degree
  since these institutions are autonomous bodies
  and are not affiliated to any university. As
  such, there is no difference in what is being
  taught in PGDM and MBA.

3

• Curriculum
• However, the autonomous business schools
  frequently change the syllabus to meet the
  industry standards. A syllabus change in an MBA
  program is rare since the college offering the
  program has no authority to change syllabus.
  Before you make a decision you should also note
  that MBA programs are a lot cheaper than PGDM
  programmes.

4

• Which is better MBA or PGDM?
• In an MBA degree, you will be provided with
  theoretical knowledge of management concepts and
  practices. Theoretical knowledge may be useful if
  you want to get into research. Also, MBA syllabus
  is not amended very regularly as the college
  offering MBA has no authority to change the
  syllabus. This can be a major deterrent in the
  management arena because the real business
  environment is very dynamic and full of sudden
  unexpected changes. Hence, the MBA degree is more
  academic and theoretical in nature.

5

• The PGDM programme, if done from an above
  average business school, will drill you with
  efficient training and will give you insights
  into real life business situations. It is more
  practical in nature. Since autonomous business
  schools have freedom to change syllabus, the PGDM
  programme will be structured in a manner most
  suitable to the real business environment.
• However, the fact is that the industry treats
  MBA and PGDM graduates in an equal manner. Even
  in the global job industry, same treatment is
  given to MBA and PGDM graduates. In fact, the
  industry is concerned more with the skill set of
  the students rather than the degree. Hence doing
  either MBA or PGDM will have the same impact on
  your career. Your starting salary will depend
  more on the reputation and brand name of your
  college/business school and not on the degree
  name. Hence you must carefully choose your
  college/business school if you want to pursue an
  MBA or PGDM.

6

• Research and Higher Education after MBA/PGDM
• You must note that not all Universities/Institutio
  ns accept PGDM as a Masters equivalent for
  admission into their Ph.D programs. You will be
  eligible for Ph.D, if you complete MBA or you
  complete PGDM from AICTE (All India Council for
  Technical Education) approved institutions.
• Hence, if you wish to pursue Ph.D after MBA, you
  must make sure that you have either an MBA degree
  or a PGDM from AICTE approved institutions. If
  you wish to pursue your Ph.D abroad, it is always
  better to complete an MBA degree from any reputed
  college or university.
• Therefore, whether you do an MBA or a PGDM, you
  will be entitled to the same benefits. Make sure
  you choose your college/business school carefully
  and you go through the syllabi of various
  institutions before you make a decision.
• Tags Top mba colleges in india mba colleges
  in delhi mba colleges in mumbai
• mba
  colleges in bangalore mba colleges in pune mba
  colleges in chennai 

7

• Thank You