PGDM: Full Form, Course, Eligibility, Admission 2024, Fees, Colleges, Salary

What is PGDM?

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.

PGDM: Course Highlights

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

Diffrence between MBA and PGDM

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.

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

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

PGDM Specializations

• Banking and Finance -Those who want to become Credit Managers and Specialists, Accounting Managers, Manager Consultants, or Cash Managers can consider pursuing an PGDM in Finance.
• Human Resourses -Effective communication and interpersonal skills are crucial. These abilities are necessary for building relationships, managing conflicts, and fostering employee engagement.HR professionals handle sensitive employee and organizational information.
• Marketing-In marketing a employee is responsible for developing and executing marketing strategies to achieve a company’s goals. They oversee all aspects of marketing, consumer behaviour including branding, advertising, public relations, and social media. Information Technology Information technology, or IT, has developed into the most fundamental requirement for society’s overall efficient functioning.
• Operation Management- Potential for employment after earning an PGDM in operations management have significantly increased recently.
• 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
International Business	INR 4,00,000 – 10,00,000	INR 4 LPA – 10 LPA

PGDM Syllabus on Specializations

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	--

PGDM Course Content

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 Process 2024

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.

PGDM Courses Eligibility Criteria

• 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.

Distance MBA in India(UGC-Approved)	Top Private School in Pune with placement
Top ranking PGDM Colleges in Delhi	Top Private School in Bihar with fee

PGDM Courses Entrance Exams

For admission to PGDM courses, some of the best B-schools either administer their own entrance exams or accept results from national or state exams. To be eligible to apply for admission, students who want to pursue PGDM courses must complete the eligibility requirements and have the necessary percentage of marks. After meeting this requirement, the applicant can take the entrance exam and be admitted to the colleges on the short list that best suit their preferences. The following are a few national state-level PGDM admission exams for which candidates may register:

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

Skills Required for PGDM Graduates

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.