Introduction:
As the corporate culture and entrepreneurship in India are on a rise, more and more students are opting for management courses. However, often students are confused between two courses, namely MBA and PGDM. This leads to confusion regarding which course to choose and why. For all those who wish to pursue their careers in the management field should know the difference between MBA and PGDM. Although both the courses typically train you for managerial positions, there are quite a few differences which we need to consider. Let us understand the difference between MBA and PGDM. What is an MBA and why should you consider doing it? Master of Business Administration or MBA is a postgraduate program in the management of two years that is offered by most of the management colleges across the world. As MBA is a master’s degree, the only recognized institutions that are affiliated with reputed universities that can offer a degree is Business Administration. This is a distinguished degree that accelerates students' careers in the management industry. MBA also gives opportunities for early-level professionals to jump to senior positions. What is PGDM and why should you consider doing it? PGDM which for Post Graduate Diploma in Management can be offered by autonomous institutes which are not affiliated with any university. There are various PGDM colleges in Maharashtra that offer PGDM courses. AICTE approves these colleges to offer PGDM courses. PGDM is meant for students straight out of college who are looking for a career in management. Even professionals with work experience can apply for this course to advance their career prospects. This course is beneficial for candidates who are business-centric. The central aim of this program is to integrate learning and exposure across all functional areas. In the PGDM program internships are a mandatory part of the curriculum to give students some practical exposure. The idea of the PGDM program is to develop a well-rounded personality among the students that can take on the rigorous business world. As mentioned, both the courses aim to train you in administration and management, but they both have a different approach. While PGDM focuses more on the technical aspects and provides exposure to real-life business situations, an MBA course tends to be more theoretical. Another advantage of PGDM is, it can be offered by any autonomous PGDM college. If you are choosing to pursue your career in PGDM choose from the best PGDM colleges in Mumbai.
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