Answers (3)
Arpita Bose 11th Nov, 2020

Post graduate Diploma in Management or generally known as PGDM is a postgraduate diploma course in the field of management. The duration of the PGDM course is two years. Students with at least 60% marks in graduation are eligible for this course.

Master of Business Administration or widely known as MBA is a two-years postgraduate program. To pursue MBA students must pass with at least 50% marks in graduation degree.

Eligibility Criteria for PGDM and MBA degree:

PGDM: For taking admission in PGDM diploma course, candidates must fulfil the minimal eligibility criteria.

  • Candidates should have a Bachelor's degree in any stream.

  • A minimum of 60% or 6.5 CGPA on the scale of 10 is required.

MBA: Students seeking admission in MBA degree must meet certain criteria.

  • Students must have a Bachelor's degree in any discipline.

  • A minimum of 50% marks is required in graduation degree.

These are the basic eligibility criteria for pursuing PGDM and MBA degree courses.

Admission Process: In order to take admission in Master of Business Administration or Post Graduate Diploma in Management, candidates have to appear for entrance examination. Some state universities conduct their own entrance exams whereas some institutes accept admission on the basis of national level tests. Below a list of general entrance exams is mentioned:

Top Master of Business Administration (MBA) Entrance Exams:

Sl no

Name of the Entrance Exam

Exam Level

Conducting Body

Exam Details

1

CAT

National Level

Indian Institute of Management Indore

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2

MAT

National Level

All India Management Association

Click Here

3

XAT

National Level

XLRI Jamshedpur

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4

CMAT

National Level

National Testing Agency

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5

IIFT

National Level

National Testing Agency

Click Here

Top PGDM Entrance Exams:

Sl No

Name of the Entrance Exam

Exam Level

Conducting Body

Exam Details

1

CAT

National Level

Indian Institute of Management Indore

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2

MAT

National Level

All India Management Association

Click Here

3

CMAT

National Level

National Testing Agency

Click Here

4

XAT

National Level

XLRI Jamshedpur

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5

OJEE MBA

State Level

Odisha Joint Entrance

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Top Colleges Offering PGDM and MBA: Here institutions offering PGDM and the institutions offering MBA courses are listed down with the total course fees and entrance exams:

Institutions that offer Postgraduate Diploma in Management:

Sl No

Name of the Institution

State

Ownership

Entrance Exam

Course Fees

1

National Institute of Agricultural Extension Management, Hyderabad

Telangana

Public/

Government

CAT

INR 4,71,000

(approx.)

2

Sardar Vallabhbhai Patel International School of Textile Management, Coimbatore

Tamil Nadu

Public/

Government

CAT/ XAT/ MAT/

TANCET

INR 1,94,700

(approx.)

3

Indian Institute of Forest Management, Bhopal

Madhya Pradesh

Public/

Government

CAT/ XAT

INR

6,24,000

(approx.)

4

Institute of Management Technology, Ghaziabad

Uttar Pradesh

Private

CAT/XAT/GMAT

INR 17,35,000

(approx.)

5

TA Pai Management Institute, Manipal

Karnataka

Private

CAT/GMAT/XAT

INR 6,00,000

(approx.)

Top institutions that offer Master of Business Administration :

Sl No

Name of the Institution

State

Ownership

Entrance Exam

Course Fees

1

Indian Institute of Management Ahmedabad

Gujarat

Public/ Government

GMAT

INR 28,00,000 (approx.)

2

Indian Institute of Management Bangalore

Karnataka

Public/ Government

CAT /GMAT

INR 23,00,000

(approx.)

3

Indian Institute of Management Calcutta

West Bengal

Public/ Government

GMAT

INR 27,00,000 (approx.)

4

Christ University, Bangalore

Karnataka

Private

CAT/ CMAT/ XAT/ MAT/ ATMA/ GMAT

INR

7,60,000

(approx.)

5

VIT Business School, Vellore

Tamil Nadu

Private

CAT/ CMAT/ XAT/ MAT/ GMAT

INR

6,97,000

(approx.)

Specializations: Candidates can opt for full-time MBA or distance MBA. In both cases, candidates have various options of selecting MBA specialization. For PGDM course also students can select their preferable specialization. Below is a list of top specializations available in MBA and PGDM:

Specialization in MBA

Specialization in PGDM

Finance & Accounting

Marketing

Economics & Social Sciences

Finance

Human Resource Management

Business Analytics

Business Communication

Supply Chain Management

Business Economics

Operations Management

Difference between PGDM and MBA:

After completion of graduation, one can go for higher studies. There are several options available for post graduation in which PGDM and MBA are notable. Though both have the same management entrance exams, there are few differences between MBA and PGDM courses. Following some differences between these two courses has mentioned:

Topic

MBA

PGDM

Full-form

Master of Business Administration.

Postgraduate Diploma in management

Body of Accreditation

MBA courses are accredited by the colleges which are affiliated to university.

PGDM courses are approved by All India Council for Technical Education (AICTE).

Course Duration

The duration of the MBA course is 2 years.

PGDM course is 1 to 2.5 year long.

Focus

MBA course focuses on building theoretical concepts, business and technical knowledge of students.

PGDM courses focus on practical and real-life situations and make students ready for an industry-oriented environment.

Fee Structure

The course fees of MBA is affordable than PGDM programme.

PGDM course is expensive as compared to MBA

PGDM vs MBA: Which is better?

Post Graduate Diploma in Management or PGDM is a diploma study course at postgraduate level. Whereas Master in Business Administration or MBA is a degree course. Therefore, MBA candidates get more weightage than PGDM candidates. PGDM aims to provide practical and industry-oriented knowledge to the candidate which helps to gain wide exposure and a hand-on approach to the management world. On the other side, an MBA degree also comes with its advantages. MBA programmes help the candidate to uplift their career paths, expansion in a job opportunity, enhancement in core values and so on. Hence it may seem to be equivalent, but one should know the differences between PGDM and MBA and choose their career path accordingly.




debolinadawn 9th Nov, 2020

Dear aspirant,

Hope you are doing well. As per your query both the courses are extremely good and hold their own values. MBA is a degree course that can only be offered by the colleges affiliated to universities, whereas PGDM or Post Graduate Diploma in Management is a diploma course offered by autonomous institutes. Both MBA and PGDM are viewed as equivalent during recruitment.  Also, while PGDM courses might be industry-oriented and preferred by the corporates, they might have to face roadblocks while applying to pursue higher education or jobs overseas. In MBA course focuses on developing the business and technical knowledge of a student student develops theoretical concepts that are essential in the business world. It totally depends on what you want to pursue in future and what type of jobs you want to get into. Please click on the link below for more information and updates. Hope you find this helpful. Thank you.

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

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Rishabh Jain 9th Nov, 2020

Hello there. Hope you are doing good. I would like to tell you that MBA or Masters in Business Administration is a degree course which can only be offered by the colleges affiliated to a university whereas PGDM is a diploma course that can be offered by autonomous institutions as well.

For example, FMS (Faculty of Management Studies) college offers MBA degree to the students affiliated to University of Delhi. While institutions such as SP Jain Institute of Management Studies and Research or MDI offers PGDM course to the students. MBA is UGC approved and PGDM is AICTE approved so both are well recognized by the corporate world. It would be difficult to say which is better among the two as industry acceptance is equal for both of them. PGDM has a slight edge over MBA due to the fact that PGDM offering institutions can improvise their curriculum based on the latest trends going on in the market and it has a more flexible mode of study. Other than that there is no major difference among the two.

I hope you found this answer helpful. Good luck for your future.

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