PGDM full form is Post Graduate Diploma in Management. The key element of this two-year PG-level management, skill-oriented program is to provide expertise and understanding based on a practical approach to various core specializations of management and its operations. They are further divided into several disciplines, including Human Resources, Marketing, Finance, IT, Operations, etc.
Similar to the MBA course, the PGDM course is authorized by the All India Council for Technical Education (AICTE). Students have numerous choices when they apply for PGDM programs from an AICTE-approved institute. Notably, various leading companies only hire students from AICTE-authorized institutes. This means that having this certification will give you a competitive edge.
Since the PGDM curriculum involves in-depth knowledge of advanced and fundamental concepts revolving around economics, finance, HRM, operations, and marketing, plenty of career options are available for PGDM graduates in MNCs, corporate units, and consulting firms. Popular job roles after PGDM are Finance Manager, Administrative Officer, Business Consultant, Human Resource Manager, Marketing Executive, and many more.
In this article, you will know what scope a student will gain after pursuing a PGDM degree along with average salary, as per specialization and skill, and other relevant information.
Particulars | PGDM Course Details |
---|---|
PGDM Full form | Post Graduate Diploma in Management |
PGDM Course level | Postgraduate level |
PGDM Course duration | Two years |
PGDM Course Eligibility | Candidate must have completed graduation in any stream |
Entrance Exams | CAT, MAT, XAT, CMAT, SNAP etc. |
PGDM Admission process | MBA Entrance Examination and Group Discussion and/or Personal Interview |
Average PGDM fee | INR 3 lakh to INR 15 lakh |
Average Package | INR 5 LPA to INR 15 LPA |
Job Positions | HR Recruiters, Sales Manager, Public Relations Manager, Research Analyst etc. |
Top Recruiters | HDFC Bank, Dell, Myntra, Amazon, Lifestyle etc. |
Types of PGDM | Eligibility | Admission | Fees |
---|---|---|---|
Full Time | Bachelor’s Degree with 50% marks For IIM 60% marks | Entrance Based | INR 4,00,000 – 10,00,000 |
Online | Bachelor’s Degree | Merit Based | INR 10,000 – 15,000 |
Distance | Bachelor’s Degree | Entrance Based | INR 30,000 – 50,000 |
Well, both MBA and PGDM are business-oriented courses. While the MBA program introduces the academic concept and imparts on growing the technical understanding of an aspirant, PGDM prepares aspirants for practical conditions. Unlike an MBA, a PGDM course would be a little more expensive, costing between Rs 6 to 20 lakh.
Parameters | MBA | PGDM |
---|---|---|
Full-Form | Master of Business Administration | Post Graduate Diploma in Management |
Qualification | Degree Course | Diploma Course |
Duration | 2 years | 1-2 years |
Eligibility | Graduation in any UG course of any stream with a minimum of 50% of marks in UG from a recognized university | Graduation in any UG course from a recognized institution |
Admission Process | Entrance Exam | Entrance Exams as well as Direct Admission in some institutions |
Fees | INR 5,00,000 – 12,00,000 | INR 4,00,000 – 10,00,000 |
Subjects covered | Financial Management, Human Resource Management, Customer Relationship Management, Marketing Research, Operations Management, Human Resource Management, Executive leadership skills, etc. | Financial Accounting, Business Economics, Basics of Mathematics and Statistics, Marketing Management, Business Communication, Human Resource Management, etc. |
Average Salary | INR 9 LPA – 13 LPA | INR 10 LPA – 14 LPA |
Entrance Exams | XAT, NMAT, SNAP, ATMA, CAT | MAT, CAT, CMAT, XAT, GMAT |
Job Opportunities | HR Manager, Business Analyst, Marketing Manager, Finance Advisor and Investment Banker | Project Manager, Data Scientist, Auditor, Tax Specialist and Consultant |
Supply Chain Management-They are vital for every kind of business, including government agencies, merchants, third-party logistics providers, manufacturers, and service providers.
International Business-The term “international business” describes the overseas, global exchange of capital, knowledge, and technology as well as commodities and services.
Specialisation | Fee Average | Salary Average |
Banking and Finance | INR 5,00,000 – 10,00,000 | INR 8 LPA – 20 LPA |
Human Resourses | INR 4,00,000 – 8,00,000 | INR 5 LPA – 9 LPA |
Marketing | INR 4,00,000 – 8,00,000 | INR 7.55 LPA – 11 LPA |
Information Technology | INR 4,00,000 – 10,00,000 | INR 5.55LPA – 12LPA |
Business Analytics | INR 4,00,000 – 12,00,000 | INR 6 LPA – 12 LPA |
Operation Management | INR 3,00,000 – 10,00,000 | INR 4 LPA – 8 LPA |
Supply Chain Management | INR 5,00,000 – 12,00,000 | INR 7 LPA – 12 LPA |
International Business | INR 4,00,000 – 10,00,000 | INR 4 LPA – 10 LPA |
The two parts of the PGDM course structure are a compulsory collection of courses that cover every aspect of management and an elective set of courses aimed to help students develop the skills and knowledge required for specific careers.
PGDM Subjects Semester I | |
---|---|
Management Functions & Behaviour | Human Resource Management |
Economic and Social Environment | Introduction to Information Technology |
PGDM Subjects Semester II | |
Operations Management | Marketing Management |
Quantitative Techniques for Managers | Managerial Economics |
Strategic Management | – |
PGDM Subjects Semester III | |
Marketing Management (MM) | Financial Management (FM) |
International Business (IB) | Human Resource Management (HR) |
Operations Management (OM) | Information Systems (IS) |
Insurance Management (IN) | – |
PGDM Subjects Semester IV | |
Business Law & Corporate Governance | International Business |
Management Information Systems | Research Methodology |
Project Work |
Managerial Economics | Finance & Accounting | Business Ethics And Communication |
Basics of Marketing | Organizational Behavior | Statistics and Quantitative Techniques |
IT Skills Lab | Theory of Management | Management Information Systems |
Production & Operations Management | Economics & Social Sciences | Strategic Management |
Research Methodology | Business Law & Corporate Governance | International Business |
PGDM Admission tests administered by national organizations, institutions, or groups of institutions determine admissions. Candidates who pass these tests advance to next steps, which include written exams, group discussions, and in-person interviews. Students are granted final admission based on how well they perform in these rounds.
Those who are interested in pursuing PGDM
courses should check the criteria for eligibility.
The PGDM eligibility criteria may differ from Colleges to Colleges
It is typically recommended of candidates to visit the official website of
the college to learn the specific admissions criteria for PGDM courses.
Candidates must have graduated from a recognized college or university,
or have finished an equivalent program,
 in order to be eligible to study PGDM courses.
Students have to ensure that they obtained a minimum of 55% Score of their  total for a bachelor’s degree.
Candidates must have received a valid score on PGDM admission exams in order to be considered for shortlisting.
Although not many institutions allow students to enroll directly in PGDM programs based only on their qualifying exam results.
Name of Exam | Exam Dates |
Common Admission Test (CAT) | Nov ’24 (Tentative) |
Management Aptitude Test (MAT) | Sep ’24 (Tentative) |
Xavier’s Aptitude Test (XAT) | 7 Jan ’24 |
Common Management Admission Test (CMAT) | May ’24 (Tentative) |
National Management Admission Test (NMAT) | 10 Oct ’23 – 19 Dec ’23 |
Before applying for a job, PGDM aspirants must have the relevant skill set, which is given below:
Analytical Skills
Teamwork
Strategic thinking
Problem-Solving skill
Decision-Making skill
Communication skill
Research abilities, etc.
College Names | Total Fees (in INR) |
XLRI, Jamshedpur | 35,000 – 27 LPA |
MDI Gurgaon | 10 – 24 LPA |
SP Jain (SPJIMR), Mumbai | 9.5 – 22 LPA |
International Management Institute, New Delhi | 18 LPA |
Great Lakes Institute of Management | 13 – 17 LPA |
Symbiosis Institute of Business Management, Pune | 15.9 – 22 LPA |
NMIMS, Mumbai | 6 – 24 LPA |
Amity University, Noida | 4.8 – 25 LPA |
LPU, Jalandhar | 1.5 – 9 LPA |
Chandigarh University, Chandigarh | 40,000 – 6.5 LPA |
Name of College | Fees (in INR) |
IIM, Calcutta | 23 – 25 LPA |
IIM, Kozhikode | 12 – 20 LPA |
IIM, Indore | 17 – 35 LPA |
IIM, Ahmedabad | 12 – 24 LPA |
IIM, Bangalore | 12.5 – 24 LPA |
IIT, Delhi | 10.5 LPA |
IIM, Lucknow | 9.5 – 12 LPA |
IIT, Kanpur | 2.8 – 13 LPA |
IIM, Ranchi | 14 – 16 LPA |
IIM, Rohtak | 9 – 33 LPA |
NIRF Ranking | Name | Average Annual Fees |
---|---|---|
3 | Indian Institute of Management | INR 6,75,000 |
12 | National Institute of Industrial Engineering (NITIE) | INR 9,40,000 |
18 | SP Jain Institute of Management and Research | INR 5,85,000 |
20 | Indian Institute of Management | INR 13,84,000 |
23 | Great Lakes Institute of Management | INR 11,91,000 |
24 | Narsee Monjee Institute of Management Studies (NMIMS) | INR 95,200 |
27 | T.A. Pai Management Institute | INR 14,00,000 |
28 | International Management Institute | INR 7,70,000 |
46 | P.S.G. College of Technology | INR 82,000 |
50 | Loyola Institute of Business Administration (LIBA) | INR 15,26,000 |
India Today Rank | College Name |
1 | IIM Ahmedabad |
2 | IIM Calcutta |
3 | IIM Bangalore |
4 | SP Jain |
5 | XLRI |
6 | IIM Lucknow |
7 | MDI |
10 | NMIMS |
14 | IMI New Delhi |
21 | TAPMI Manipal |
College Name | PGDM Fees (INR) |
---|---|
Faculty of Management Studies, IIT Delhi | 4,80,000 |
Indian Institute of Foreign Trade | 8,85,000 |
International Management Institute | 8,70,000 |
JMI | 23,500 |
Amity University | 6,72,000 |
University of Delhi (FMS) | 96,000 |
GD Goenka University | 3,72,500 |
Asian Business School | 7,65,000 |
KR Mangalam University | 2,60,000 |
AKGIM | 1,27,943 |
Delhi school of Business | 8,45,000 |
Sharda University | 2,60,000 |
College Name | PGDM Fees (INR) |
---|---|
IIM-C | 27,00,000 |
BIMS | 5,51,000 |
Amity University Kolkata | 3,90,000 |
Adamas University | 2,51,400 |
Brainware University | 3,70,000 |
SVIMCS | 2,20,000 |
Praxis Business School | 3,89,000 |
CIMS | 14,925 |
University of Calcutta | 16,508 |
MAKAUT | 1,00,300 |
College Name | PGDM Fees (INR) |
---|---|
Shailesh J Mehta School of Management | 4,88,100 |
WESCHOOL, Mumbai | 11,00,000 |
National Institute of Industrial Engineering | 5,98,000 |
SP Jain Institute of Management and Research | 17,50,000 |
NMIMS | 10,42,000 |
KJ Somaiya Institute of Management | 7,81,785 |
Amity University, Mumbai | 5,15,000 |
National Institute of management | 40,700 |
BITS school of Management | 24,50,000 |
Kaizen school of Management | 30,900 |
The Second Wind | 12,00,000 |
NAMS | 59,900 |
TIMSR | 63,790 |
College Name | PGDM Fees (INR) |
---|---|
NMIMS Hyderabad | 8,27,000 |
Woxsen School of Business | 6,95,000 |
Institute of Insurance and Risk Management | 4,00,000 |
CMR College of Engineering and Technology | 50,000 |
Institute of Public Enterprise | 4,55,000 |
St Josephs Degree and PG College | 54,000 |
CBIT | 43,000 |
Amjad Ali Khan College of Business Administration | 27,000 |
ASCI | 7,50,000 |
David Memorial | 4,51,000 |
College Name | PGDM Fees (INR) |
---|---|
IIM Bangalore | 23,15,000 |
Alliance University | 13,50,000 |
NMIMS Bangalore | 9,02,000 |
Kristu Jayanti College | 3,70,000 |
DSCMIT | 63,750 |
BMS College of Engineering | 25,300 |
T John College | 2,67,700 |
Oxford College of engineering | 70,000 |
PES University | 500,000 |
DSU | 97,950 |
Jain University | 9,90,000 |
College Name | PGDM Fees (INR) |
---|---|
Symbiosis Institute of Management and Human Resource Management | 9,40,000 |
IMED | 2,25,000 |
MITCON | 2,62,500 |
Balaji Institute of Modern Management | 4,45,000 |
Sri Balaji University | 4,45,000 |
MIT College of Management | 2,08,500 |
FLAME University | 5,95,000 |
Sinhgad Business School | 1,35,000 |
Indira Group of Institute | 3,60,000 |
In today’s ever-evolving era, the demand for PGDM job opportunities is high due to its broad focus on the business and management field. After completion of the PGDM program, one having the relevant expertise and skills appears for the recruitment drive.
Unlike MBA programs that focus on imparting conceptual knowledge, the PGDM course provides practical understanding to the students. Therefore, students who initially wanted to pursue MBA course are now opting for PGDM.
In India, PGDM graduates are offered salary packages between Rs 5 to Rs 25 LPA. The salary package for PGDM depends on several factors, including area of ​​specialization, interpersonal skills, and qualification in that field. For interns and freshers, the average salary after the course in India may be less than the above packages. With the development of sufficient skills and experience, their salary may increase.
When it comes to the average salary for PGDM freshers, it may be around INR 8 to 9 LPA. Well, salaries vary for each sector, depending on the type of job and the skills acquired by the candidates. Check the average salary amounts below by levels:
PGDM Highest Salary –  INR 24 to 25 LPA
PGDM Lowest Salary – INR 4 to 5 LPA
Job Roles | Â PGDM Professional Salary (average) | Â PGDM Fresher Salary (average) |
Finance Manager | 18 to 19 Lakh/annually | 7 to 9 Lakh/annually |
Business Consultant | 20 to 23 Lakh/annually | 5 to 6 Lakh/annually |
Marketing Manager | 25 to 28 Lakh/annually | 4 to 5 Lakh/annually |
International Sales Manager | 17 to 20 Lakh/annually | 5 to 6 Lakh/annually |
Brand Manager | 30 to 33 Lakh/annually | 4.5 to 5 Lakh/annually |
Strategic Manager | 26 to 27 Lakh/annually | 6.6 Lakh to 7 Lakh/annually |
PR Officer | 10 to 12 Lakh/annually | 3.5 Lakh to 5 Lakh |
Since PGDM covers a variety of specializations, students are allowed to enroll as per their interest, making this course one of the most beneficial career options in terms of employment scenarios. Jobs after PGDM based on specialization are listed below
Specialisation | Fee Average | Salary Average |
Banking and Finance | INR 5,00,000 – 10,00,000 | INR 8 LPA – 20 LPA |
Human Resourses | INR 4,00,000 – 8,00,000 | INR 5 LPA – 9 LPA |
Marketing | INR 4,00,000 – 8,00,000 | INR 7.55 LPA – 11 LPA |
Information Technology | INR 4,00,000 – 10,00,000 | INR 5.55LPA – 12LPA |
Business Analytics | INR 4,00,000 – 12,00,000 | INR 6 LPA – 12 LPA |
Operation Management | INR 3,00,000 – 10,00,000 | INR 4 LPA – 8 LPA |
Supply Chain Management | INR 5,00,000 – 12,00,000 | INR 7 LPA – 12 LPA |
International Business | INR 4,00,000 – 10,00,000 | INR 4 LPA – 10 LPA |
Employment avenues for PGDM graduates have opened up for students with PGDM degrees in public and private sectors including educational institutions, organizations, and businesses. Here is the detailed information about PGDM salary based on government and public sector:
Due to the highest demand for PGDM graduates in the government sector, a large number of employment opportunities are being provided nowadays. On average, the salary for a PGDM graduate in the public sector ranges between Rs 5 to 6 lakh.
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 Leading Government Recruiters | Yearly Average Salary in INR |
State Bank of India | 9.5 Lakh to 10 Lakh |
Reserve Bank of India | 12 Lakh to 15 Lakh |
Central Electronics Limited | 6.5 Lakh to 7 Lakh |
Sports Authority of India | 7 Lakh to 8 Lakh |
Uranium Corporation of India Limited | 8 Lakh to 10 Lakh |
Students with PGDM are hired with lucrative salary packages along with perks based on their specializations, experience, and degree if applied in the private sector. In India, on average, the average salary of a PGDM graduate in the private sector is anywhere between INR 5 – INR 6 Lakh/per annum. Here is detailed information on the leading Indian private organizations along with their average salary packages:Â
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Leading Private Recruiters | Yearly Average Salary in INR |
Infosys | 4.3 Lakh to 26.5 Lakh |
Cognizant | 5 Lakh to 20 Lakh |
Deloitte | 6 Lakh to 20 Lakh |
HDFC | 5 Lakh to 20 Lakh |
After completing the PGDM course, one can either seek work or go for further studies in a relevant field. He or she can be employed in a wide variety of professions across public and commercial fields. Here is a detailed view:
In India, the starting salary offered to PGDM graduates ranges between Rs 5.5 lakh to Rs 10 lakh/annum. Check out the job roles given below for students who have recently passed PGDM and are looking for work:
Management trainee
Business Development Executive
Sales Executive
Marketing Executive
The contribution of PGDM candidates into the development of the country has resulted in an increase in jobs in various public sectors. Some popular job roles in the government sector are as follows:
Brand Manager
Marketing Manager
Business Consultant
Strategic Manager
PR Officer
HR Manager
Finance Manager
International Sales Manager
There are several sought-after institutes/universities across India offering placements for PGDM aspirants when they are in their final year. Below are some of the finest PGDM institutions and their leading recruiters.
XLRI – Aditya Birla Group, Airtel, Adani, etc.
IIM Ahmadabad – Arpwood Capital, Goldman Sachs, etc.
IIM Lucknow – Microsoft, Adobe, Amazon, Jio, etc
Recruiters Name | Average Salary (INR) |
---|---|
Hero Motocorp | 19.05 LPA |
Mahindra & Mahindra | 18.43 LPA |
Maruti Suzuki | 24.45 LPA |
Tata Motors | 22.85 LPA |
Bosch | 22.40 LPA |
State Bank of India | 20.70 LPA |
Ultratech Cement | 28.03 LPA |
Kajaria Ceramic | 18.39 LPA |
Pidilite Ind | 25.30 LPA |
ITC Limited | 19.67 LPA |
Leading enterprises across the globe, such as TCS, Infosys, Deloitte, Accenture, and others offer employment opportunities for PGDM candidates. Some other top companies where demand for PGDM is high are as follows:
Deloitte | 10 lakh to 12 Lakh/annually |
Infosys | 8.5 Lakh to 9 Lakh/annually |
State Bank of India | 9 Lakh to 10 Lakh/annually |
Reserve Bank of India | 12 Lakh to 15 Lakh/annually |
HDFC Limited | 5 Lakh to 6 Lakh/annually |
Given below are some of the leading areas wherein PGDM graduates get hired:
ï‚·Hotels & Resorts | ï‚·Consultancies |
ï‚·Educational Institutions | ï‚·Marketing Agencies |
The scope of PGDM in India is increasing rapidly with widespread demand. Students who have a PGDM degree have a bright future and can rise to higher positions in their journey. The popular career options after the degree course are as follows:
Operation Manager | Marketing Executive |
Business Development Executive | Human Resource Executive |
Brand Manager | Financial Advisor, etc. |
Or one can continue their studies by doing PhD, MPhil, or other courses in the related field.
A-Postgraduate Diploma in Management is full form of PGDM
There are various famous job designations available for PDGM all over the country. After successfully completing a PGDM degree, you can work as an operations manager, retail manager, Accountant, or supply chain manager.
And the answer is here: PGDM in Human Resources, Marketing, and Finance.
PGDM degree in Financial Services, IT Services and consulting, and Marketing and Advertising provides handsome salary packages in India.
Well, the level of experience and the college are the two factors that influence the salary packages. When it comes to average salaries, MBA graduates earn more in most cases.
Of course yes! In terms of syllabus, both MBA and PGDM are almost similar. However, PGDM programs focus on industry knowledge whereas MBA is more about offering theoretical knowledge.
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