Getting MBA degree or PGDM /PGPM degree which one is more beneficial?

Dear student PGDM and PGPM are basically the same and there is no actual difference between them (have explained it a little more in detail below). Now here I have tackled the difference between MBA/MMS and PGDM/PGPM which is what confuses a lot of students and I hope that clears all your doubts.



MMS/MBA MMS stands for Master of Management Studies while MBA stands for Master of Business Administration and there is no difference between the two of them as it is just a case of University nomenclature (the term MMS is used in Maharashtra in place of MBA). Now these courses are offered by Colleges that are affiliated to Universities who have received approval from AICTE and thus everything is decided by the University and the Colleges simply follow the guidelines handed down to them.



PGDM/PGPM PGDM stands for Post Graduate Diploma in Management while PGPM stands for Post Graduate Program in Management and again there is no difference between the two of them and it is just a case of how Colleges structure or name their courses. Now these courses are offered by Colleges that are not affiliated to any University but have directly received approval from AICTE to run their own programs.



Now comparing MMS and PGDM, both the programs are of 2 years and are full time courses but there are a few differences between them and we shall discuss them in detail below.



1. Approval Have discussed this above.



2. Curriculum In MMS, there is a fixed curriculum which is decided by the University and a lot of people are of the view that it is outdated (which could be right in a few cases). But if one takes a look at any good College, they always cover more than the given curriculum and make sure students do not miss out on anything that could help them when they join a Company. Now in PGDM, the curriculum is modifiable and is generally updated according to industry standards (the best example of this being the Digital Marketing courses offered by a lot of Colleges with it being one of the most happening industry skills right now). In totality, it can be said that PGDM courses are much more flexible than MMS courses as they are not bound by any University but all good Colleges offering MMS courses make sure that their students learn everything that is needed.



3. No of seats The no of seats are limited for MMS courses whereas for PGDM courses, the number of seats are more as colleges decide the number of students they want to admit in every program.



4. Fees The fees for MMS courses is generally lower in comparison to PGDM courses.



5. Industry placements Most Companies do not differentiate between students from MMS and PGDM courses and the same is applicable for Colleges as they allow students from both courses to sit together for placements.



6. PhD In case someone wants to pursue a PhD, MMS courses are the way to go as a student opting for a PGDM course wont be able to pursue one.



So in summary, MMS and PGDM courses have their advantages and disadvantages but at the end of the day, it wont matter a lot whether you pursue a MMS or PGDM course as it is the college you join which will ultimately shape your future. For example, IIMs offer PGDM courses and are considered to be THE best Colleges in India (the older IIMs to be precise). On the other hand, JBIMS and FMS offer MBA/MMS courses (and MBA/MMS courses are supposed to inferior in comparison to PGDM courses) but they are still better than a lot of other Colleges in India which offer PGDM courses.

Thank you...