Welcome to our page where you will learn about the most unique and popular MBA: the Pay after Placement MBA or PGDM course! Have you heard about it before? No! Fortunately, it is good for all those students who are unable to pay their MBA fees but are eager to make their career in this field.
India’s first course designed for needy students, Pay after Placement MBA/PGDM is a great career path that is offered across 19 campuses in the country. As well as students who are not able to deposit their fees, this program is also for those who want to save their time, money, and jobs before taking admission into a PGDM or MBA institute. The duration of this course, like other regular MBA programs, is two years. More information about this course is here, take a quick look!
|Need not pay tuition fee until placed, as its name suggests|
|AICTE Approved PGDM|
|Applied specializations available|
|15-months classroom learning|
|150% placement guaranteed|
|9 month-paid internship is offered|
|Average salary package – Rs 4 Lakh|
|Maximum or highest salary package – Rs 10 Lakh|
|200+ Empanelled recruiters|
|More than 1500 hours of training|
Once the registration and admission process for PAP MBA or PGDM is completed, you are eligible to sit in your classroom to learn. Well, scroll down to the information below to better understand the functionality of the PAP model:
If your admission is confirmed, you are allowed to attend a two-year MBA/PGDM education in the classroom without paying any fees.
After completion of the course, applicants are placed for job roles with the help of placement cells in one of the leading designations in MNCs.
Once you are appointed to the job role, you will be required to pay your program fee in easy instalments. However, the instalment amount to be paid depends on your salary.
As mentioned above, the pay-after-placement MBA/PGDM program is well-suited for enthusiasts cum needy students who wish to establish careers in finance, management, and the business world. Undoubtedly, pursuing this degree course not only guarantees placement opportunities but also enhances your skills and knowledge. Well, Salary after Placement Well, Salary after Placement Choosing an MBA/PGDM program can benefit the candidates in many ways; some of which are given below:
1-The curriculum of the Pay after Placement MBA is designed thoughtfully so that students will use it in the real world.
2-The PAP course paves the way for developing future leadership vision in the candidates.
3-This program is all about providing MBA education to students without paying any course fees for two years or until they get a job. You will have to pay your MBA course fee only after you get placed in some of the best job roles in the leading MNCs in this field.
4-With this course, graduates will definitely be offered a great salary package, ranging between Rs 4 to Rs 10 lakh per annum.
Various specializations in the following branches of management are being offered by MBA/PGDM colleges with salary after placement.
|Finance||Logistics and Supply Chain Management|
|Marketing||BFSI or Banking, Financial Services, and Insurance|
|Sales Management||Human Resource and Recruitment|
|Retail Management||Business Analytics|
In India’s Pay after Placement MBA/PGDM program, there are two models, which include the following:
In Model (II), there are a total of 4 campuses at three different locations across India. These include:
|JECRC, Jaipur||PISM, Bengaluru|
|NIU, Noida||CIEM, Kolkata|
|RR Institutions, Bengaluru||Aditya Institute of Management, Pune|
|NIET, Greater Noida||IBMR, Hubli|
|GD Goenka University, Gurugram||Renaissance University, Indore|
|Rayat Bahra University, Mohali||Sandip University, Nashik|
|ADTU, Guwahati||SAGE University, Indore|
In Model (II), there are a total of 4 campuses at three different locations across India. These 3 locations include:
Those who are seeking admission in Pay after Placement MBA or PDGM course must fulfill the below requirements:
*Applicants must have passed their bachelor’s degree or equivalent from a UGC-approved university.
*He/she must score at least 50% aggregate (45% in case of SC/ST) in the qualifying exam.
*One who is in their final year of a bachelor’s program is also eligible for Pay after Placement MBA or PGDM course. The admission offer, in this case, will be temporary till the graduation proofs or other documents are obtained.
To be eligible for this course the applicant must have qualified for any of the entrance exams: GMAT, CAT, MAT, XAT, ATMA, CMAT, and other state-level entrance exams or entrance exams conducted by the respective
A systematic admission procedure needs to be followed to apply for Pay after Placement MBA or PGDM course (Model I). Here is a step-by-step process:
Step1- Entrance Exam & PI Round
*To begin with, candidates have to appear for the qualifying examination conducted by the institute itself in which they wish to get admission. The score of entrance exams like ATMA, CAT, MAT, XAT, or GMAT is also acceptable.
*Once you pass the entrance exam, appear for the personal interview round scheduled by the MBA institute.
*Next, after clearing the previous rounds, you will be selected for the PAP MBA/PGDM program.
*Finally, accept the admission offer letter and secure your seat.
Step2-MBA Fee Breakdown and Registration
*Deposit Rs 1, 25,000 as a registration fee in whichever MBA or PGDM-paid institute you want to attend.
*This registration amount can be paid in one go or in installments. At the time of registration: Minimum spends of Rs 10,000. The remaining amount, which is Rs 1, 15,000, can be paid in easy setup as per the capacity of the applicant and once the course starts.
Note: you don’t need to spend anything during the two years of the Pay after Placement MBA/PGDM course. But, once posted in this field, you will have to deposit 10 times of your gross monthly salary as course tuition fees. Note that the fees cannot exceed Rs 6 lakh at any cost.
For the MBA/PGDM model (II) with post-placement payment, the admission process is similar to the MBA model (I). Changes can be seen only in the registration fees. In Model (II), the applicant has to register at his desired campuses by depositing a fee of Rs 1, 98,000. Students are allowed to pay this registration fee in one go or easy instalments.
Highest Salary Package: INR 12, 00,000 per annum
Average Salary Package: INR 6, 00,000 per annum
Highest Salary Package: INR 19, 00,000 per annum
Average Salary Package: INR 8, 20,000 per annum
|Pay after placement University||Jharkhand||Courses|
|Netaji Subhas University||Jamshedpur||MBA|
|Usha Martin University||Ranchi||MBA|
|Assam Down Town University||Guwahati||MBA|
|GD Goenka University||Gurugram||MBA|
|Suresh Gyan Vihar University||Jaipur||MBA|
|NIET||Greater Noida||MBA, PGDM|
|United Institute of Management||Greater Noida||MBA|
|Pay after placement Colleges||Karnataka||Courses|
|Pay after placement University||Madhya Pradesh||Course|
|Jagran Lakecity University||Chandanpura||MBA, BBA, BCA, B.Com, B.tech|
|Pay after placement Colleges||Maharashtra||Course|
|Aditya Institute of Management||Pune||MBA|
|Sandip University MBA||Nashik||MBA|
|Pay after placement Colleges||Punjab||Course|
In a nutshell, pay after Placement MBA/PGDM course has been started with the aim of providing education to those who are interested in business, management, or finance field and are not financially strong enough to pay their fees. If you are too, find suitable MBA colleges across India and apply now. Hopefully, this guide will help you understand how it works. Share your thoughts and comments below!