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What Does A Post Graduate Diploma In Management Mean?
PGDM programmes are academically equal to master’s degrees, however, they are shorter and do not need a dissertation. That is to say, they are more advanced than undergraduate bachelor’s degrees. If you feel a postgraduate degree will boost your employment chances but do not want to undertake a lot of research, the PGDM course is ideal. They are offered in the majority of disciplines.
Is A Postgraduate Diploma The Same As A Degree?
Since a postgraduate diploma is not called a “master’s degree,” it is pretty straightforward to distinguish between the two.
- Unlike the University Grants Commission (UGC), which regulates institutions that give master’s degrees, PGDM-granting institutes are accredited by the All-India Council on Technical Education (AICTE)
- Most PGDM specializations are more practical than Master’s degrees, which are more academic and research-focused.
- Management education is a notable exception to the above. Master’s degrees and postgraduate certificates are provided for professional management education.
Can I Pursue A Masters Degree After Completing A Postgraduate Diploma?
After finishing a postgraduate diploma, it is viable to pursue a Master’s degree programme. A master’s degree and a postgraduate certificate are both postgraduate programmes, however, they are not the same. If, after finishing your postgraduate diploma, you decide that a Master’s degree is the next step for you, you are free to pursue it.
Is A Graduate Diploma Equivalent To A Bachelor’s Degree?
A graduate diploma in India is a master’s degree-level qualification that typically takes three years to achieve. Certain institutions provide master’s level programmes that include a higher number of lesser credit courses over two years, known as postgraduate diploma courses. Graduate certificates are often used to allude to global equivalence. To summarise, in India, a graduate diploma is a higher certification than a bachelor’s degree.
Curriculum Differences Between PGDM and MBA
Those pursuing an MBA or PGDM programme are often inquisitive about the curriculum required. As a result, we’ll assist prospective business management candidates in learning about what to anticipate from their degree programmes. Before we get into the curriculum offered at India’s top MBA and PGDM business schools, let’s go through what this degree is and why someone may want to pursue it.
A Master of Business Administration (MBA) is a master’s degree that helps aspiring business executives develop the competence needed for success. An MBA programme has grown into a comprehensive professional training curriculum for the development of future company executives. Above all, the MBA programme aims to enhance students’ analytical talents, which are required to address issues that managers and executives often confront, while also strengthening students’ leadership qualities.
The average two-year MBA programme in India integrates these advanced abilities with real-world experience to equip graduates for progression in management professions in a wide variety of areas. The PGDM curriculum is an industry-oriented training that emphasizes a competent approach and practical understanding. If a candidate has enrolled in a PGDM programme, he or she is likely to study a curriculum that includes improved themes and sections to meet the demands of the industry. The PGDM programme is ideal for students who are business professionals or have job experience in the business world. Students who want to improve their analytical abilities, critical thinking, and problem-solving approach in many functional areas of business operations.
To summarise, whether it is a postgraduate certificate or a Master’s degree, any course that adds value to your field of interest is always valuable. Sunstone delivers career-focused training interventions for undergraduate and postgraduate students at 40+ institutions and universities in 30+ locations.
Frequently Asked Questions (FAQs)
1. Is PGDM better than Masters?
If you want to base your selection on the value and quality of your degree, a Master’s programme is preferable to a PG diploma. A Master’s degree is regarded as more academically rigorous and may help you seek more study, such as a PhD.
2. Is PGDM equivalent to Masters?
PGDM course specialisations are academically equal to master’s degrees, however, they are shorter and do not need a dissertation. That is to say, they are more advanced than undergraduate bachelor’s degrees.
3. Which has more salary, MBA or PGDM?
The average salary for an MBA is approximately Rs 21.3 lakh, while that for a PGDM is around Rs 12.96 lakh. When comparing typical prices, an MBA college costs about Rs 16.5 lakh, while a PGDM programme costs around Rs 15.38 lakh.