Hi

To answer your question ,let us first see some  key points about the two courses:-

-)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. Though now some of the IIMs also have started offering MBA.

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 , and thus,  you can go for either  of mba or pgdm , 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.

But just to answer your question,  MBA has a little bit edge over PGDM as it has global acceptability for employment,  the Top B-schools in the world offer MBA degree and not PGDM which is diploma. Also , if you want to go further  studies in abroad then foreign universities require MBA degree instead of PGDM diploma to offer you admission in Ph.D or Doctoral programme.

So, if you are getting both MBA and Pgdm in similar colleges then prefer MBA over PGDM but if you are getting pgdm in some good colleges like IIMs then you should go for it rather than MBA in lower B - schools.

For detailed information you can visit our page the link is provided below for the same

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

Thank you