PGDM Full Form

A postgraduate diploma in management is a 2-year course for people who want to gain skills in management and business. A person can pursue the course irrespective of fields like science, commerce or humanities. But there is certain eligibility to appear in the course in which the candidate must have a Bachelor’s degree and obtain 50% in overall Bachelor’s degree performance. There is a pre-test or entrance exam which is merit-based, and some institutions include an interview to assess the practical knowledge of the candidate. The course opens a diverse range of career opportunities, high payout and practical knowledge to learners. The PGDM offers thorough knowledge on management and a diploma in a particular niche.

Benefits from PG Diploma in Management

After getting a Bachelor’s degree, students face confusion in deciding the next best step. Some of them come across diploma courses and get confused after seeing the range of options like PGD in sales, digital marketing, banking, supply chain, hospitality, etc. Here are benefits of PGDM that will showcase a clear picture:-

• The course builds the capacity to handle crucial decisions & comes up with solutions
• It focuses on enhancing an individual’s leadership, personal communication, controlling and monitoring skills
• After completing the course, candidates get the opportunity to handle high-level positions
• High profile positions are offered by considering the practical knowledge and expertise in a niche that enhance the experience
• Other than great opportunities, high salaries are also an upgrade to the candidate’s lifestyle
• It prepares the candidate to face the real-world environment and solve the issues with practical management skills
• The course introduces new skills and develops a sense of adaptability among candidates
• In today’s world, networking is building a professional image. The course teaches several ways to spread the roots of the network
• Professional development develops the sense of better living adoption of good habits and hobbies, which upscale the mindset to diversity

Syllabus, Fees and Eligibility

The postgraduate diploma management course is divided into five semesters. Each semester carries various subjects but is indirectly related to one another. The course focuses on theoretical and practical knowledge equally. Syllabus subjects are divided into two parts: job-based skills and foundation level skills such as Human resource management, Introduction to IT, Marketing management, Management functions and behavior, Financial management, and international business. There are two modes of PGDM: full-time and part-time courses that run in both modes online and offline. Average fees are around 3-12 lakhs, and the average salary in the full-time course is around 4-24LPA. The salary range varies according to the mode, of course.

Top colleges in INDIA are IIM Kolkata, NMIMS and SPJIMR. There are ranges of colleges that offer PGDM courses full-time and distance in both modes. Students with Bachelor’s degrees and gained more than 50% in overall performance are eligible to apply as a candidate. The admission is merit-based, and institutions take entrance tests and interviews to test applicants’ pre-knowledge.

Other aspect of PG Diploma in Management

• High Payout

The extensive range of subjects delivers a huge pile of knowledge and intelligence to candidates. A postgraduate diploma in management makes candidates eligible to handle all sorts of company or business sectors. The expertise and diverse knowledge in management and business raise their demand and lead to a high payout. Some candidates perform so well they become part of bidding and get the chance to choose the best payout among options.

• Specialized Skills

After graduating, the skill set didn’t get a chance to grow and diversify in the field. PGDM allows candidates to grow by developing presentation skills and learning more. The skills set are as important as grades in a resume. Problem-solving, decision making, working with efficiency and effectiveness are skills candidates learn. PGDM prepares an individual to become a self-made personality and an entrepreneur.

• Realistic Knowledge

Theoretical studies have dominated the education system, but this course focuses on building practical knowledge. In the field, learning is promoted by internships in big enterprises and companies to learn through seminars, real conversations, deals, debates and how management works. Interactive learning and teaching push candidates to step out of their comfort zone and face real-world challenges.

Conclusion

In the above article, we learned about Postgraduate diplomas in management courses. The course teaches candidates management skills through practical knowledge and offers a high salary and wide career options. The unique way includes on the field learning through debates, internships, real conversation, lectures, classroom deliberations, seminars, guest appearances and much more. The syllabus is parted into foundation skills learning and job-based skills learning. The fees structure, subject range, eligibility, modes of learning and top colleges are also mentioned.