MBA or PGDM Courses: Which one is right for you?
The differences in the courses often astonish students. This creates a lot of uncertainty regarding which path to take. MBA is a postgraduate degree that can only be achieved through accredited institutions affiliated with prestigious universities, on the other hand, PGDM is a diploma program offered by AICTE-approved colleges. Despite the fact that both MBA programs and PGDM programs train students for management and leadership responsibilities, there are certain technical differences between the two programs.
The MBA course lasts two years and follows a common curriculum across all universities. It is a distinguished degree that assists students who wish to pursue a management profession in achieving their goals.
The PGDM course is built on industry requirements as well as key elements from the AICTE model curriculum. The curriculum exposes students to all aspects of management in a comprehensive and holistic manner. Internships are also required as part of the curriculum to give students significant industry exposure and experience, as well as to help them reach their professional goals.
Top 5 reasons to choose PGDM
Industry oriented course structure
In comparison to MBA, the course structure of PGDM is more industry-oriented. Because this course is offered by autonomous institutes, the curriculum is updated to reflect current news. Furthermore, a PGDM emphasizes practical skills, whereas an MBA focuses solely on theoretical knowledge.
You can specialize in your areas of interest with a PGDM. For example, if you choose to specialize in Human Resource Management, you can choose minor subjects such as Marketing, Finance, Business Analytics, and others, giving you an advantage over other candidates.
Real-time Business World Experience
Students in the PGDM program acquire extensive experience in the real-world business world through intense classroom study, interactions with top business leaders, management internships, and other ways. These methods assist students in becoming more comfortable in a corporate environment and preparing them for employment.
More learning opportunities are available with a PGDM. Seminars and workshops are conducted. Top industry leaders are invited to speak and motivate students as guests. For campus recruitment, industries also prefer autonomous institutions.
PGDM programs are self-contained since they offer attractive placement opportunities. Whereas an MBA does not promise you a job, and you must seek employment on your own.
Have a look on the blog of Which Specializations offered by The MBA & PGDM Colleges for a better understanding of your career.
Top 5 reasons to choose MBA
A Degree program
Instead of a Post Graduate Diploma, students who complete an MBA program are rewarded an MBA degree. You do not need an AIU equivalence certificate to accompany your MBA degree, but you will need one to prove that you have completed a PGDM.
Global acceptability for employment
An MBA degree is well recognized at the worldwide level for global employment prospects and is accepted by all recruiters. The world's top business schools offered an MBA degree, not a PGDM diploma.
Requirement for higher studies
If you wish to pursue higher studies, it is the MBA degree that makes an impact and is acceptable. Foreign universities need your MBA degree instead of a diploma to offer you admission in the Ph.D/Doctoral program.
MBA backed by University
MBA degrees are awarded by Universities. All of the University linked colleges follow the same educational and learning standards. Moreover, students do not need to be as careful when selecting MBA courses given by universities or university schools because they have all university-related qualifications, unlike private PGDM colleges, which may not always adhere to the AICTE rules.
You have a lot of networking possibilities as an MBA student. You'll interact with professors and professionals with extensive management expertise, and this environment will help you to develop your business management skills. You will have access to that MBA program's broad alumni network. Your connections will give you lots of comprehensive insight into the corporate world.
You should meet your requirements if you want to take a management course. Lower-tier colleges affiliated with Government Universities may provide you with a degree, but they may not provide you with the same level of skills as a top-ranked PGDM college. On the other hand, an MBA from a top Government University college could take you to your career heights as against a PGDM from a comparatively low ranked PGDM college.
As a result, the decision must be made in the proper context, and a balance must be struck depending on your needs to select the appropriate program.