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Difference between MBA and PGDM ?

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MBA: Stands for Master in Business Administration.
PGDM: Stands for Post Graduate Diploma in Management.
Why are they pursued?
MBA: A Master in Business Administration (MBA) is a degree course offered by the colleges affiliated to the universities. So, only universities can offer MBA programmes.
PGDM: A Post Graduate Diploma in Management (PGDM) is a diploma course offered by the institutes that are recognised by the All India Council for Technical Education (AICTE) and which are autonomous and not affiliated to any university. However, accreditation by Association of Indian Universities (AIU) makes an institute's PGDM course equivalent to an MBA.
High/low fees
Fees is high in case of PGDM as compared to MBA. MBA institutes charge less fees as it is almost similar to university standard.
Are MBA and PGDM equal?
It is not mandatory that a PGDM is equal to MBA because then the college offering the PGDM course must have accreditation from AIU (The Association of Indian Universities).
Difference between the curriculum:
Although there are similarities between the curriculum of both, differences exist as well. A student pursuing MBA will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines.
A student pursuing a PGDM course will be gaining knowledge regarding building soft skills and the programme is more industry-oriented. An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.

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Comments

  1. UnknownJune 2, 2020 at 11:54 AM

    I like the way you have distinguished MBA and PGDM right from the basics. People need to understand every single way these courses differ. The post you have shared here is sure to enlighten them. I also like the small table you have shared compiling all the distinguishing factors. Visit: https://itm.edu/

    ReplyDelete
  2. NAEMD InstituteJune 25, 2020 at 9:36 AM

    MBA in Event Management Mumbai offers the students a wider scope of career opportunities in Multiple Industries such as Advertising & Media, Travel & Tourism, Hospitality, Event Management & Public Relations.

    ReplyDelete
  3. Pratiksha NarwadeJune 24, 2021 at 11:05 AM

    This blog talks about the diploma in retail management and courses related to itm. here we discuss the basic difference between an MBA and PGDM courses. Diploma in retail management is a very important course for students

    ReplyDelete
  4. AnonymousDecember 19, 2021 at 8:14 PM

    Good explanation

    ReplyDelete

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