Tuesday 14 November 2017

Difference between MBA and PGDM: Know about Duration, Accreditation and Fees

Important points to note:

  1. On the successful completion of the courses,students enrolled in MBA and PGDM are likely to get attractive packages.
  2. MBA is completely a 2 year course while PGDM is 1 year or 2 year depending on the type of course.

Popular MBA entrance exams like CAT 2017, IIFT 2017, XAT 2018, NMAT 2017, SNAP 2017 etc.are already out and scheduled in the coming two-three months. Also,the students are looking for the best MBA and PGDM colleges. It is the best time for the candidates to figure out the best MBA course and the best MBA colleges or the best PGDM course and the best PGDM colleges.





MBA AND PGDM : Major differences:-

Difference between MBA and PGDM courses:


MBA
PGDM
Institute Type
  • Colleges affiliated to a university can offer MBA degree for the business courses offered by them.
  • It  is a free body and is not affiliated to any university.



Duration of Course
  • MBA courses provided by universities are 2-year long courses.
  • PGDM courses can be either 1-year long or 2-year long depending on the type of programme.
Curriculum
  • MBA course norms are dependent on the university .
  • PGDM courses are quite flexible as they are provided by autonomous institutes.
Focus of the Course
  • An MBA course focuses on developing the business and technical knowledge of a student.
  • PGDM course focuses on preparing the students for real life situations so that they can come up with feasible solutions.
Fee Structure
  • MBA is a more affordable programme and requires considerably less amount of funds .
  • PGDM programmes are quite expensive and the cost can vary between 6 and 20 lakhs.

Some astonishing facts that have come out lately about MBA placements.
  • As per All India Council for Technical Education, popularly referred to as the AICTE, a majority of MBA graduates in India are struggling for jobs.
  • On the other hand, a decline of 12% was witnessed in the case of PGDM holders getting jobs in comparison to last year.
MBA is something which every candidate who enters into it desires to reach a level into it. So is in the case of PGDM. Although both are different in some sense, but are very difficult to achieve.    


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6 comments:

  1. prasildas25 November 2018 at 20:32

    Thanks to Pankaj Bansal for detailed explanation about MBA and PGDM.Its Bookmarked! Read more about Difference between MBA and PGDM course

    ReplyDelete
  2. shanblog23 May 2019 at 08:49

    Thanks for sharing the information. The blog is very helpful and is also informative. The blog clears all the major doubts regarding MBA and PGDM. People usually have many doubts regarding both the MBA and PGDM courses and often end up pursuing the wrong course. Thank you once again.

    ReplyDelete
  3. patelramesh27 June 2019 at 23:01

    A good pgdm college will offer a proper course that trains candidates for the true business world. MBA is a master’s course and is often preferred by students who are still in their career forming years. The flexibility offered by PGDM Courses make it a preferred choice for working professionals who seek an added degree. Visit: https://www.itm.edu/

    ReplyDelete
  4. Akash Negi18 May 2020 at 10:44

    check out the comparison between mba and pgdm eduction by the way nice article.

    ReplyDelete
  5. Unknown1 June 2020 at 23:25

    That image with ‘accelerate your career’ is pretty impressive. It casts a positive impression on the reader. I also like the fact that you have tabulated the differences so that people can easily check them out and understand better. You have also shared some statistics to add relevance to the facts shared. Visit: https://itm.edu/

    ReplyDelete
  6. College Disha10 September 2021 at 02:45

    Worth reading!
    Indeed, This is very useful information, please keep sharing.
    This post contains Exactly I was looking for, Thanks author
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    ReplyDelete

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