What makes an MBA better than PGDM? - PowerPoint PPT Presentation

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What makes an MBA better than PGDM?

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There is a huge variety of career sectors available in today's society, and there are a lot of educated people to compete in those careers. Finding the best postgraduate educational program might be difficult given the wide range of postgraduate opportunities available. Learn MBA from the best MBA colleges in Bangalore. – PowerPoint PPT presentation

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Date added: 25 August 2022
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Title: What makes an MBA better than PGDM?


1
What makes an MBA better than PGDM
2
  • There is a huge variety of career sectors
    available in today's society, and there are a lot
    of educated people to compete in those careers.
    Finding the best postgraduate educational program
    might be difficult given the wide range of
    postgraduate opportunities available. Learn MBA
    from the best MBA colleges in Bangalore.
  • The MBA is a recognized degree worldwide, and MBA
    students are welcomed in both the public and
    private sectors. Although the MBA program can be
    pricey, it can also be a very rewarding endeavor
    with excellent job potential. One of the most
    popular justifications for earning an MBA is that
    it can help individuals advance their jobs. An
    MBA can enhance the set of skills that will give
    applicants for management jobs or promotions in
    an organization a strong advantage.
  • Having an MBA can help students stay competitive
    in the job market for candidates who not only
    have the necessary abilities for the job but also
    have solid knowledge and the ability to make
    business judgments. The same fundamental business
    principles apply everywhere, governmental or
    private industries included. The MBA program
    essentially imparts a theoretical understanding
    of all management methods and approaches.

3
  • MBA degrees are awarded by universities connected
    to Bangalore. Even now, many organizations favor
    MBA students above PGDM graduates. The majority
    of MBA programs in India have UGC accreditation.
    The prestigious IIM programs at Calcutta are
    accredited by the Association to Advanced
    Collegiate Schools of Business (AACSB), USA, and
    the Association of MBAs (AMBA), UK, making it the
    only Indian B-School with both of these
    international accreditations. However, many MBA
    programs also have prestigious international
    accreditations.
  • The fundamental explanation for this is that an
    MBA is a postgraduate degree that is accepted
    throughout the world. Graduates of MBA programs
    can readily find employment in both the public
    and private sectors across many countries. Since
    PGDMs cannot receive this kind of recognition,
    the opportunities for MBAs are greater in some
    industries.
  • Students who choose the MBA specialization will
    receive conceptual, theoretical, and hands-on
    instruction in a variety of business-related
    topics, including economics, operations
    marketing, fundamental accounting, corporate
    finance, etc.
  • Many domestic and foreign organizations
    consistently favor MBA candidates who possess the
    above managerial competencies. For PGDM students,
    this might not be accessible.

4
Slide Reasons why an MBA is better than a PGDM
  • Better Career Possibilities
  • For graduates, an MBA course opens to a more
    varied and expansive profession. Data Science,
    human resource statistics, technology and
    information systems, economics, and finance are a
    few of the major topics studied in an MBA
    education. An MBA graduate with experience in all
    of these fields is qualified to pursue a career
    in a variety of fields, corporate sectors, and
    public sectors.
  • MBA graduates have a greater opportunity to grow
    intellectually and personally thanks to the
    penetration of many fundamental areas. Many banks
    in the public and commercial sectors favor MBA
    students over PGDM students since the MBA is
    recognized by institutions. In some economic
    areas, there is a greater need for MBA graduates,
    hence PGDM students may be able to seek positions
    in those sectors. When opposed to MBA students,
    there is less rivalry for PGDM students because
    many government agencies essentially only prefer
    MBA students.
  • Higher degrees in management are made possible by
    an MBA. An MBA is necessary to be even considered
    for open management positions, according to
    professional job sources. This demonstrates to
    the potential employer that the applicant has
    earned "certification" in the complex ideas
    involved in managing a firm.

5
Ideal for Networking
  • For MBA grads looking to network, a university or
    business school makes a terrific starting point.
    The list of persons one might encounter when
    enrolled in an MBA program includes recruiters,
    keynote speakers, traditional businesses, new
    entrepreneurs, and more. Even better interactions
    can be had with classmates who share the same
    aspirations for success in business.
  • Following the completion of their degree program,
    an MBA graduate almost changes completely. The
    various topics covered in an MBA program will
    improve the student's professionalism and
    survival skills, giving them a fresh perspective
    on life and the corporate world and enabling them
    to become excellent communicators and counselors.
    There is no doubt that earning an MBA will
    improve one's mental health and change one's
    entire perspective on life.
  • Although PGDM also provides these chances, MBA
    professionals have a larger knowledge base than
    PGDM students. More MBA graduates than PGDM grads
    are available. PGDM is very new, whereas MBA is
    an established and traditional degree.

6
MBA will help to learn about other functional
areas and industries
  • Students who desire to change careers will find
    that an MBA can provide them with the precise
    information they may need for the new field. For
    instance, a recent engineering graduate can
    change functional areas by pursuing an MBA. This
    permits him or her to possess knowledge of both
    the functional fields, such as management and
    technology. Employers seek out applicants with
    these kinds of diverse skill sets.
  • Jumping from one functional area to another can
    be challenging for students interested in PGDM
    programs. As opposed to an MBA, which is general
    with specializations, a PGDM education is skill
    and specialization-focused. In terms of
    functional and job shifting, MBA graduates have a
    higher opportunity than PGDM students.

7
MBA degree has worldwide recognition
  • A fantastic option to relocate to another city or
    even another country is through an MBA program.
    Students can learn the lay of the land, locate
    businesses where they wish to work, and set up
    meetings with potential employers by simply
    relocating for one or two years. In fact, a lot
    of students base their decision to enroll in an
    MBA program on where they plan to live and work
    long after they graduate.
  • A graduate of an MBA program is certified in all
    recognized core areas, or at the very least in
    some of the most important managerial positions
    within an organization. The MBA is a widely
    recognizable degree on a global scale. Since it
    is quite compatible with other degree programs,
    it can be used to pursue different job fields.
  • When compared to PGDM, the MBA degree is more
    frequently recognized and acknowledged. Even now,
    there are some MNCs that prefer MBA students to
    PGDM students everywhere. When compared to PGDM
    students, MBA students have a higher chance of
    being accepted.

8
MBA is a universal masters degree
  • With any undergraduate degree in hand, the MBA is
    the most often accepted master's degree. With an
    MBA course, anyone with any degree can enroll
    this is not allowed with a PGDM program. For
    instance, a BA graduate can enroll in an MBA
    program but not a PGDM program. Since MBA is a
    globally recognized degree, recruiting firms only
    consider candidates with an MBA. Any degree is
    irrelevant to them the only qualification that
    counts for hiring purposes is an MBA.
  • Financial support is better for MBA graduates
  • Shortly after completing their post-graduate
    studies, MBA graduates can launch their own
    companies and become entrepreneurs. However, on
    occasion, they can need bank financing to launch
    their businesses. For MBA graduates, obtaining
    loans from banks will be simpler. This is due to
    the banks' increased reliance on MBA graduates as
    a source of trust.
  • Although both PGDM and MBA graduates are capable
    of starting their own enterprises, MBA graduates
    will find it simpler to complete the financial
    requirements for loans from banks than PGDM
    graduates. When it comes to approving loans for
    entrepreneurship and venture capital, banks
    always give MBA graduates the first choice over
    PGDM graduates. This is due to the fact that the
    MBA degree is traditionally recognized and gives
    lenders the assurance that MBA graduates can
    return their debts because they have more career
    alternatives than PGDM students in various
    organizations because MBA enjoys superior
    recognition than PGDM.

9
Conclusion
  • An MBA is an evergreen degree that has retained
    its reputation since it first began. Although the
    PGDM program has a value of its own, the MBA
    program is here to stay and excel in some
    situations. When it comes to particular career
    sectors like government agencies, banks,
    financial organizations, etc., MBA students are
    more desired than PGDM students.
  • PGDM is a skill-based approach, whereas MBA is
    mostly a theoretically oriented course. Despite
    the fact that both are equally capable, the MBA
    always has an advantage over the PGDM. The trust
    factor is higher for MBA and the universities
    that offer them because they are offered by
    conventional universities. Also, Learn MBA from
    the Best MBA colleges in Bangalore.
  • https//www.simsbangalore.com/masters-in-business-
    administration

10
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