Answers (2)
Abhishek Roy 27th Jan, 2021

When an Institute is an Autonomous body, and not affiliated to any University, it cannot provide an MBA degree. Hence, it issues PGDM (Post Graduate Diploma in Management) 2 Year Degree , which is equivalent to MBA. However, according to the Recent IIM Act, IIMs got the authority to issue MBA Degrees instead of PGDM.

For more information about the difference between PGDM and MBA do follow the link below

https://bschool.careers360.com/articles/difference-between-pgdm-and-mba

ADITYA KUMAR Student Expert 27th Jan, 2021

Hi

There's not much difference between MBA and PGDM the only difference is that MBA is a post graduate degree whereas PGDM is post graduate diploma.

Here a short brief about them :-

-)MBA i.e Master of business administration is a degree course , and being a degree it is  little  more theoretical

-)PGDM is graduate diploma in management i.e it is a diploma course, PGDM is accredited by Association of Indian Universities which makes it equivalent to MBA, it is more practical,  even the most prestigious IIMS offers PGDM.

So, there's  not much difference  between  MBA and PGDM , the only thing is that MBA is a degree course while  PGDM is a diploma course , also when it comes to job then there's no difference in the way companies  treat a PGDM and an MBA , even your Career growth is similar for both the courses and it  largely depends upon your performance.

So both MBA and PGDM have more or less equal scope and opportunities , you can go for either  of them , what  matters is the college or the B-school  from which you pursue them , brand value of the college,  its past placement  records, industry exposure provided by the college  etc because your starting package and placement  after completion of the course is mainly dependent on college’s name and brand, not whether it offers MBA or PGDM.

Thank you

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