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

pgdm course

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

Types of PGDMEligibilityAdmissionFees
Full TimeBachelor’s Degree with 50% marks
For IIM 60% marks
Entrance BasedINR 4,00,000 – 10,00,000
OnlineBachelor’s DegreeMerit BasedINR 10,000 – 15,000
DistanceBachelor’s DegreeEntrance BasedINR 30,000 – 50,000

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.

ParametersMBAPGDM
Full-FormMaster of Business AdministrationPost Graduate Diploma in Management
QualificationDegree CourseDiploma Course
Duration2 years1-2 years
EligibilityGraduation in any UG course of any stream with a minimum of 50% of marks in UG from a recognized universityGraduation in any UG course from a recognized institution
Admission ProcessEntrance ExamEntrance Exams as well as Direct Admission in some institutions
FeesINR 5,00,000 – 12,00,000INR 4,00,000 – 10,00,000
Subjects coveredFinancial 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 SalaryINR 9 LPA – 13 LPAINR 10 LPA – 14 LPA
Entrance ExamsXAT, NMAT, SNAP, ATMA, CATMAT, CAT, CMAT, XAT, GMAT
Job OpportunitiesHR Manager, Business Analyst, Marketing Manager, Finance Advisor and Investment BankerProject 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.
 
Business Analytics- An PGDM in Business Analytics offers the knowledge and skills necessary to build future business plans and strategies that are founded on accurate data analysis.
 
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.

SpecialisationFee AverageSalary Average
Banking and FinanceINR 5,00,000 – 10,00,000INR 8 LPA – 20 LPA
Human ResoursesINR 4,00,000 – 8,00,000INR 5 LPA – 9 LPA
MarketingINR 4,00,000 – 8,00,000INR 7.55 LPA – 11 LPA
Information TechnologyINR 4,00,000 – 10,00,000INR 5.55LPA – 12LPA
Business AnalyticsINR 4,00,000 – 12,00,000INR 6 LPA – 12 LPA
Operation ManagementINR 3,00,000 – 10,00,000INR 4 LPA – 8 LPA
Supply Chain ManagementINR 5,00,000 – 12,00,000INR 7 LPA – 12 LPA
International BusinessINR 4,00,000 – 10,00,000INR 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 & BehaviourHuman Resource Management
Economic and Social EnvironmentIntroduction to Information Technology
PGDM Subjects Semester II
Operations ManagementMarketing Management
Quantitative Techniques for ManagersManagerial 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 GovernanceInternational Business
Management Information SystemsResearch Methodology
Project Work

PGDM Course Content

Managerial EconomicsFinance & AccountingBusiness Ethics And Communication
Basics of MarketingOrganizational BehaviorStatistics and Quantitative Techniques
IT Skills LabTheory of ManagementManagement Information Systems
Production & Operations ManagementEconomics & Social SciencesStrategic Management
Research MethodologyBusiness Law & Corporate GovernanceInternational 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.

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.

Top PGDM Private Colleges

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
 

Top PGDM Government Colleges

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

Top PGDM Colleges as per NIRF

Top PGDM Colleges as per India Today

PGDM Colleges in Other Locations

PGDM Colleges in Delhi
College NamePGDM Fees (INR)
Faculty of Management Studies, IIT Delhi4,80,000
Indian Institute of Foreign Trade8,85,000
International Management Institute8,70,000
JMI23,500
Amity University6,72,000
University of Delhi (FMS)96,000
GD Goenka University3,72,500
Asian Business School7,65,000
KR Mangalam University2,60,000
AKGIM1,27,943
Delhi school of Business8,45,000
Sharda University2,60,000
PGDM Colleges in Kolkata
College NamePGDM Fees (INR)
IIM-C27,00,000
BIMS5,51,000
Amity University Kolkata3,90,000
Adamas University2,51,400
Brainware University3,70,000
SVIMCS2,20,000
Praxis Business School3,89,000
CIMS14,925
University of Calcutta16,508
MAKAUT1,00,300
PGDM Colleges in Mumbai
College NamePGDM Fees (INR)
Shailesh J Mehta School of Management4,88,100
WESCHOOL, Mumbai11,00,000
National Institute of Industrial Engineering5,98,000
SP Jain Institute of Management and Research17,50,000
NMIMS10,42,000
KJ Somaiya Institute of Management7,81,785
Amity University, Mumbai5,15,000
National Institute of management40,700
BITS school of Management24,50,000
Kaizen school of Management30,900
The Second Wind12,00,000
NAMS59,900
TIMSR63,790
PGDM Colleges in Hyderabad
College NamePGDM Fees (INR)
NMIMS Hyderabad8,27,000
Woxsen School of Business6,95,000
Institute of Insurance and Risk Management4,00,000
CMR College of Engineering and Technology50,000
Institute of Public Enterprise4,55,000
St Josephs Degree and PG College54,000
CBIT43,000
Amjad Ali Khan College of Business Administration27,000
ASCI7,50,000
David Memorial4,51,000
PGDM Colleges in Bangalore
College NamePGDM Fees (INR)
IIM Bangalore23,15,000
Alliance University13,50,000
NMIMS Bangalore9,02,000
Kristu Jayanti College3,70,000
DSCMIT63,750
BMS College of Engineering25,300
T John College2,67,700
Oxford College of engineering70,000
PES University500,000
DSU97,950
Jain University9,90,000
PGDM Colleges in Pune
College NamePGDM Fees (INR)
Symbiosis Institute of Management and Human Resource Management9,40,000
IMED2,25,000
MITCON2,62,500
Balaji Institute of Modern Management4,45,000
Sri Balaji University4,45,000
MIT College of Management2,08,500
FLAME University5,95,000
Sinhgad Business School1,35,000
Indira Group of Institute3,60,000

Salary Offered to PGDM Graduates in India

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

PGDM Salary: Based on Job Titles

Both experienced and fresher PGDM graduates can apply for their desired job designations as a plethora of job options in public and corporate sectors are available. PDGM salary and scope in India are highly influenced by the applicant’s qualifications, performance during the course, and experience. Some of the popular job titles after PGDM along with their respective salary packages are mentioned below:
Job Roles  PGDM Professional Salary (average)  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

PGDM ROI: Based on Specializations

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

SpecialisationFee AverageSalary Average
Banking and FinanceINR 5,00,000 – 10,00,000INR 8 LPA – 20 LPA
Human ResoursesINR 4,00,000 – 8,00,000INR 5 LPA – 9 LPA
MarketingINR 4,00,000 – 8,00,000INR 7.55 LPA – 11 LPA
Information TechnologyINR 4,00,000 – 10,00,000INR 5.55LPA – 12LPA
Business AnalyticsINR 4,00,000 – 12,00,000INR 6 LPA – 12 LPA
Operation ManagementINR 3,00,000 – 10,00,000INR 4 LPA – 8 LPA
Supply Chain ManagementINR 5,00,000 – 12,00,000INR 7 LPA – 12 LPA
International BusinessINR 4,00,000 – 10,00,000INR 4 LPA – 10 LPA

PGDM Salary: Based on Sectors (public and private)

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:

PGDM Salary in the 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.

 

 Leading Government RecruitersYearly Average Salary in INR
State Bank of India9.5 Lakh to 10 Lakh
Reserve Bank of India12 Lakh to 15 Lakh
Central Electronics Limited6.5 Lakh to 7 Lakh
Sports Authority of India7 Lakh to 8 Lakh
Uranium Corporation of India Limited8 Lakh to 10 Lakh

PGDM salary in the private sector

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: 

 

Leading Private RecruitersYearly Average Salary in INR
Infosys4.3 Lakh to 26.5 Lakh
Cognizant5 Lakh to 20 Lakh
Deloitte6 Lakh to 20 Lakh
HDFC5 Lakh to 20 Lakh

PGDM Jobs in India

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:

Job Roles for PGDM Freshers

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

Job Roles for PGDM Aspirants in the government sector

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

Job Roles for PGDM Aspirants in the Private Sector

PR Officer

HR Manager

Finance Manager

International Sales Manager

PGDM Placement

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 NameAverage Salary (INR)
Hero Motocorp19.05 LPA
Mahindra & Mahindra18.43 LPA
Maruti Suzuki24.45 LPA
Tata Motors22.85 LPA
Bosch22.40 LPA
State Bank of India20.70 LPA
Ultratech Cement28.03 LPA
Kajaria Ceramic18.39 LPA
Pidilite Ind25.30 LPA
ITC Limited19.67 LPA

Top PGDM Recruiters​

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:

Deloitte10 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

Areas of Recruitment for PGDM Graduates

Given below are some of the leading areas wherein PGDM graduates get hired:

Hotels & ResortsConsultancies
Educational InstitutionsMarketing Agencies

Career Scope of PGDM

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 ManagerMarketing Executive
Business Development ExecutiveHuman Resource Executive
Brand ManagerFinancial Advisor, etc.

Or one can continue their studies by doing PhD, MPhil, or other courses in the related field.

PGDM: Frequently Asked Questions

1.What is full form of PGDM?

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.

3.Which PGDM specialization has a huge career scope?

And the answer is here: PGDM in Human Resources, Marketing, and Finance.

4.Which PGDM specialization offers the highest salary package?

PGDM degree in Financial Services, IT Services and consulting, and Marketing and Advertising provides handsome salary packages in India.

5.Which one is better in terms of salary packages: MBA or PGDM

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.

6.Is PGDM as better as the MBA program?

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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