PGDM Still Is Considered Better Than MBA: Some thoughtful insights
There is a lot of confusion about PGDM and MBA. Many students end up thinking which course is better. PGDM is post graduate diploma in management and MBA is master degree in Management. The confusion starts with the word diploma. Actually still many have the thinking that diploma is not equal to a degree and it is lower than the degree course. The colleges which are not affiliated i.e. if it is autonomous, then it cannot offer the MBA degree certificate. Such colleges offer the PGDM courses for students. In MBA course the syllabus changes only if it is approved by the government. But in the autonomous colleges, the syllabus is changed whenever required.
Autonomous Colleges Offer PGDM
The PGDM colleges look into the industry requirements and change the curriculum. So the course is industry relevant and is in phase with the present job atmosphere. Autonomous colleges have their own curriculum instead of following the university outdated syllabus. MBA degree is also having the same value as PGDM. The university from which the graduate comes out is very important for getting into a good job. It is very important to check the accreditation status of the college when opting for the PGDM course. MBA is two-year program granted only from universities either local or foreign.
If the student has to get specialized in a particular area of interest then PGDM is the best. The industries take students from particular universities easily. Foreign going students have to choose proper university as some of them are not recognized there. Some universities have the best curriculum and offer good coaching to the students that the industries recognize this certificate for jobs and universities recognize for higher studies. This course may be of a year duration or more according to the college. Work experience is expected for joining this course in some colleges.
Practical Introduction to Business
The PGDM program makes it more practical for the students. There is a drill or efficient training given in terms of business. They introduce the students to real insights of the situations in the real life business. The books here are changed regularly to keep in phase with the present market conditions. After globalization, there are a lot of changes in business and thus the colleges have changed the curriculum accordingly. The students are trained to the present conditions and thus they do not find it difficult when they are out of the program.
The practical program helps the student to improve his identity. They are able to give presentations and attend meetings. Personality development is given more importance as this program includes communication with many people. Presenting themselves correctly is one oft the main objectives taught to the students. The actual business situation is given to them to solve the problems. This helps the students to get more ideas about the real business problems with solutions. The graduates with the PGDM certificates will be absorbed to higher positions in the industry. This course would have prepared the candidates for solid corporate vocation.
Performance Considered After Joining Job
The main reason why PGDM is considered better than MBA is that not only theoretical situations but practical situations are laid in front of the candidates. If there is a doubt in the candidate`s mind about the business problems then he has to surely take up this course, for testing the territory of administration. There are many projects offered for the candidates by private and government organizations. The industry treats both PGDM and MBA in the same way. The candidates have the same career for both the courses. The performance of the individual is considered more than the degree. The salary offered is mainly due to the name of the college. Once he is absorbed into the company he has to perform correctly for getting more perks.
There are many colleges offering PGDM course which is attracting a lot of students. They learn more practicality rather than mugging up the theory part. The main difference between the MBA and PGDM course comes only if the candidate chooses to go for higher studies. MBA is considered as a degree and PGDM is a diploma. For job prospects, PGDM is the best. There is tough training to upgrade and design the curriculum on specific fields according to their interest.
PGDM Caters Industries
Each and every city has its own specialty in corporate growth. The geographic features, natural resources, raw materials, labor and many other factors decide it. The courses offered in the PGDM colleges differ from city to city. The colleges owned privately by the owners who have more knowledge about the market and have good ties with the industries around the city. This helps them to introduce the courses necessary for catering the industries around. There are many students who cannot crack IIM or any other competitive exams. For them, this course is a boon and they can make their career bright with more opportunities.
MBA course is cheaper than PGDM. The PGDM course is mainly offered by private colleges and thus the fee structure is surely more. Each person has his own way to choose the course. Some choose on the fee structure, course duration, college reputation and alumni ratings. Each one reaches the destination of career or higher studies. It is always better to meet any alumni before joining any college. Knowing more about the college, faculty, and students will help the student better. If a college which is not accredited is chosen then the certificate has not much value and the student’s diploma is not considered much.
Not only the college and PGDM but the student has to put his effort to acquire more knowledge about the course theoretically and also practically. Specialized field is chosen in the PGDM course which makes the student more familiar with the practical problems of the industry. They are practically trained and are ready to face many other problems which may occur in their career.
IFBS Business School offers two-year full-time PGDM program approved by AICTE in the heart of New Delhi. The course is rated one of the best courses on basis of the rigorous curriculum and placement opportunities. One of the best places to study PGDM in Delhi NCR