What is the difference between MBA and pgdm???

There is no difference between MBA (Masters in Business Administration) & PGDM (Post Graduation Diploma in Management). These are more or less same management degree courses offered under the different tag by different institutions.

As per the law in India, only a university can offer courses like B.E. B.Tech and MBA. At the end of MBA students receives a degree whereas after a PGP/PGDM course students receives a diploma. If you are wondering that MBA is better than let me remind you the best colleges for management in India like IIMs, XLRi Jamshedpur, S.P. Jain offers a PGDM/PGP course. Most of these institutes are autonomous bodies (not affiliated to any University) and conducts their own management course.

MBA courses focus more on theoretical and technical aspects of management rather than adopting a practical approach. PGP or PGDM courses have an industrial orientation and focus on skills based on market requirements.

It has been observed that most MBA courses have lower tuition fees as compared to PGP or PGDM courses. This may be so because mostly government approved universities offer MBA degrees. These universities receive financial aid and grants from the government, making the degree cheaper for the student (FMS which falls under Delhi

University is best in terms of ROI with INR 20K fees for 2 years and an average package of INR 20.5 lakhs per annum). In case of a PGP or PGDM degree, students have to bear the cost of the entire programme. However, this is not an ironclad rule. There are MBA degrees which charge high tuition fees (such as IIFT).

For your information, there is no separate exam conducted for MBA/PGDM/PGP course because all depends on college to give admission on which type of exam marks and offer a which type of degree.

MBA is a postgraduate degree offered by a University while PGDM is a postgraduate diploma offered by an Autonomous body like AICTE. PGDM is superior in terms of curriculum, it is practical based while MBA stresses on theory.

MBA & PGDM both are good & business orientated courses. There is no difference when it comes to how the industry treats PGDM & MBA Graduates. Career growth is same in both of the programme, It is also depend on your skill & performance during the programme whether it is PGDM or MBA.

MBA is a degree course offered by the colleges affiliated by Universities and PGDM is a diploma course offered by institutes that are recognised by All India council for Technical Education & which are Autonomus and not affiliated to any university.

A student persuing MBA study will be studying more of the theoratical aspects of Management. An MBA institute follow a fixed curriculam as it will be based on universities guidlines.

A student pursuing PGDM course will be gaining knowledge regarding building soft skills & this programme is more industry oriented. An Autonomus institute does not have to follow university standards, so it is free to change its curriculam according to the industry standards and change in the business Environment.

Now the choice should be yours as per your interest but now a days most of the students prefer PGDM as it focus on skill based on market requirement.

Good Luck!