The Post Graduate Diploma in Management (PGDM)

Shailesh Jain
November 6, 2024

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The Post Graduate Diploma in Management (PGDM) is a practical program that focuses on real-world management skills. PGDM uses case studies and training for business challenges. It offers specialised learning in areas like marketing, finance, and human resources, making it ideal for those looking to advance their careers or switch fields.

Explore the PGDM course, including top colleges and government institutions that offer this program. Also, find details on job opportunities, salaries, and specialisations.

What is PGDM Course?

PGDM full form is Post Graduate Diploma in Management. This course focuses on a practical and industry-oriented approach to management education. While similar to an MBA, a PGDM emphasises real-world applications, using case studies, seminars, and hands-on training to prepare students for the challenges of the business world and ensure they meet industry standards.

What is PGDM Course?

PGDM Course Details

Here is the overview of the PGDM course, providing essential information for prospective students. 

Parameters

Details

PGDM Full form

Post Graduate Diploma in Management

Course Duration

2 years

Total Number of Colleges in India

5,600 +

Eligibility

Bachelor's Degree with 50% marks 

Entrance Exam

Average PGDM Fees

INR 8 - 20 lakhs

Average Salary

Entry level - INR 4 - 6 LPA

Mid Level - INR 8 - 12 LPA

Experienced - INR 20 LPA +

Types of PGDM course

  • Full Time
  • Online
  • Distance

Career Opportunities

  • Administrative Officer
  • Business Consultant
  • Finance Manager
  • Human Resource Manager
  • Public Relations Officer 
  • Marketing Executive

Top Recruiters

  • McKinsey & Company
  • The Boston Consulting Group
  • Bain & Company
  • Deloitte Consulting
  • Booz Allen Hamilton
  • PricewaterhouseCoopers Advisory Services LLC
  • EY LLP Consulting Practice and Accenture

Know the difference between PGPM vs PGDM to make the right choice for your career path.

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Who Should Choose a PGDM Course?

The PGDM course is a perfect choice for those who are::

1. Managers:

Students who want to build a career in management and lead teams can benefit from a PGDM course, which offers high salary potential.

2. Having Leadership Skills:

Those with strong leadership abilities and the desire to manage teams effectively should consider pursuing a PGDM.

3. Career Switchers:

PGDM courses accept students from any academic background, making it ideal for individuals looking to switch careers into management or business.

4. Switching to Managerial Roles:

Many professionals choose PGDM to step into managerial or administrative positions. However, it’s best to focus on either career advancement or a career shift, not both at once, to avoid spreading yourself too thin.

5. Students and Working Professionals:

PGDM is available through online and distance education, making it accessible to those with time or financial constraints.

6. Experienced Professionals:

Those with significant work experience can use a PGDM to advance their careers, as there are no age restrictions for admission.

Top Colleges for PGDM Course

When choosing a PGDM course, it is essential to know the top-ranked institutions that offer it. Below is a list of top colleges, their course fees, and NIRF rankings.

College Name

Course Fee

NIRF Rank

Indian Institute of Management

INR 6.75 lakhs

3

National Institute of Industrial Engineering

INR 9.40 lakhs

12

SP Jain Institute of Management and Research

INR 5.85 lakhs

18

Indian Institute of Management

INR 13.84 lakhs

20

Great Lakes Institute of Management

INR 11.91 lakhs

23

Narsee Monjee Institute of Management Studies

INR 95,200

24

T.A. Pai Management Institute

INR 14 lakhs

27

International Management Institute

INR 7.70 lakhs

28

P.S.G College of Technology

INR 82,000

46

Loyola Institute of Business Administration

INR 15.26 lakhs

50

Discover the top PGDM Colleges in Hyderabad along with Placement, Admission & Career prospects for a successful career.

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Top Government Colleges for PGDM Course

Here is a list of top government colleges where candidates can pursue a PGDM course, along with the corresponding course fees.

Government PGDM College Name

Course Fee

National Institute of Agricultural Extension Management

INR 15,000

Sydenham Institute of Management Studies Research and entrepreneurship

INR 69,000

Vaikunth Mehta National Institute of Cooperative Management, Pune

INR 1.62 lakhs

Centre for Management Development

INR 2.80 lakhs

Institute of Insurance and Risk Management, Hyderabad

INR 4.75 lakhs

IIM Rohtak

INR 7.86 lakhs

IIM Amritsar

INR 8.2 lakhs

IIM Visakhapatnam

INR 8.75 lakhs

IIM Ranchi

INR 17.20 lakhs

IIM Calcutta

INR 21 lakhs

Discover the Top PGDM Colleges in Bangalore. Learn about the entrance exams, fees and placements to start your career!

Top Colleges with Distance PGDM Courses

Distance learning options for PGDM courses are available for those who prefer flexibility. Here are some of the top colleges offering distance PGDM courses:

College Name

Course duration

Fee

Nalanda Open University

1 year

INR 4,400

Indira Gandhi National Open University

2.5 - 8 years

INR 19,800

NMIMS

2 years

INR 25,000

Institute of Management Technology

2 years

INR 27,500

Symbiosis Centre for Distance Learning

2 years

INR 37,000

National Institute of Management & Technology

2 years

INR 54,000

IPS Academy

2 years

INR 55,000

Welingkar Institute of Management 

2 years

INR 64,600

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College with 1 year PGDM Course

For candidates seeking a shorter course or working professionals looking for specialised programs, ISBR offers an excellent option with its one-year PGDM course. Below are the details:

College Name

Course Fee

Seats

Eligibility

Average Salary

Top Recruiters

International School of Business and Research

INR 5 lakhs

180

Bachelor's degree with 50% or above marks

INR 7.50 lakhs

  • Air India
  • Britannia
  • Decathlon
  • Dell
  • Factset
  • Federal Bank
  • KPMG
  • PwC

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Benefits of Doing a PGDM Course

Choosing a PGDM course offers several advantages for students to succeed in the business:

1. Specialised Learning: 

The PGDM course provides knowledge in marketing, finance, and HR fields.

2. Industry-Focused: 

The PGDM course is a much more aligned course than the MBA. Its curriculum is based on current market trends. This helps students to be up-to date with the latest industry practices.

3. Better Job Prospects

The PGDM course will develop and enhance employability with skill-based learning for high-paying jobs.

4. Corporate Growth

The PGDM course has a huge value in the corporate world. This provides a direct path into business roles or managerial roles.

5. Personality Development:

The PGDM course focuses on technical knowledge to Improve communication, leadership, and decision-making skills.

Difference Between PGDM vs MBA

While PGDM and MBA courses may appear similar, there are notable differences between the two. Here is a comparison between PGDM and MBA that candidates should consider before pursuing a career in PGDM.

Parameters

PGDM

MBA

Full form

Post Graduate Diploma in Management

Masters in Business Administration

Course Duration

2 years

2 years

Entrance Exam

CAT, MAT, GMAT, CMAT

CAT, MAT, XAT, CMAT

Average Course Fee

INR 10 - 15 lakhs

INR 3 - 20 lakhs

Average Salary

INR 8 - 12 LPA

INR 6 - 10 LPA

Career Opportunities

  • Finance Manager
  • Digital Marketing Manager
  • Supply Chain manager
  • Sales Manager
  • Accounts Manager
  • Project Manager
  • Operations Manager
  • Healthcare & Hospital Manager

Specialiations

  • Marketing Management
  • Hospital and Healthcare Management
  • Human Resource Management
  • International Business
  • Operations Management
  • Rural Management
  • Logistics and Supply Chain Management
  • Marketing
  • Human Resource Management
  • Consulting
  • Entrepreneurship
  • Finance
  • Operations
  • General Management
  • Global Management
  • Management Information Systems
  • Technology Management

Top Recruiters

  • Deloitte
  • Infosys
  • KPMG 
  • TCS
  • ITC
  • EY
  • Accenture
  • Gartner
  • Godrej & Boyce
  • Goldman Sachs
  • Amazon
  • JP Morgan
  • AT Kearney
  • Microsoft

When considering the managerial career path, it is important to explore PGDM vs MBA: Which is Better for Your Career? This detailed guide will help students to find which option is best for them.

PGDM Course: Types

PGDM courses provide different types of courses, giving candidates the flexibility to choose based on their availability.

Types of PGDM Course

Eligibility

Admission Process

Full Time

Bachelor's degree with 50% marks

Based on entrance exam score

Distance

Completed bachelor's degree

Based on entrance exam score

Online

Completed bachelor's degree

Based on merit

PGDM Course: Eligibility Criteria

To apply for a PGDM course, candidates must meet the following PGDM eligibility criteria:

  • Bachelor’s Degree:

A bachelor’s degree from a recognised college or university with a minimum of 55% marks.

  • Entrance Exam:

Candidates must take an entrance exam, such as CAT, MAT, XAT, GMAT, SNAP, CMAT, or ATMA, and achieve the required qualifying score.

PGDM Course: Entrance Exam

To apply for the PGDM course, candidates must take one of the following top entrance exams and achieve the required score to gain admission to a reputable college.

PGDM Exam 

Details 

CAT

Common Admission Test 

MAT

Management Aptitude Test  

GMAT

Graduate Management Admission Test

NMAT

Narsee Monjee Aptitude Test

SNAP

Symbiosis National Aptitude Test

XAT

Xavier Aptitude Test

PGDM Course: Specialisation

After completing the PGDM course, candidates have several specialisation options to further enhance their career prospects.

Some PGDM course specialisation is listed below:

Specialisation

Average Fee

Average Salary

International Business

INR 4 - 10 lakhs

INR 4-10 LPA

Operations Management

INR 3 - 10 lakhs

INR 4 - 8 LPA

Business Analytics

INR 4 - 12 lakhs

INR 6 - 12 LPA

Marketing

INR 4 - 8 lakhs

INR 7.55 - 11 LPA

Finance

INR 5 - 10 lakhs

INR 8 - 20 LPA

HR

INR 4 - 8 lakhs

INR 5 - 9 LPA

Supply Chain Management

INR 5 - 12 lakhs

INR 7 - 12 LPA

Before enrolling in a PGDM specialisation course in Finance, it is important to read how to become a finance Manager.

PGDM Admission Process 

Students must follow the steps below to complete the admission process for PGDM courses:

1. Check Eligibility Criteria:

Candidates must meet the necessary academic qualifications and requirements set by the institution.

2. Submit Application Form:

Fill out and submit the application form to the institute of your choice.

3. Take an Entrance Exam:

You will need to appear for relevant entrance exams, such as the CAT, MAT, XAT, or others, depending on the institution's criteria.

4. Participate in GD and PI Rounds:

After qualifying, attend the Group Discussion (GD) and Personal Interview (PI) rounds for final selection.

PGDM Course: Syllabus

Here are the details of the PGDM course syllabus, organised semester-wise:

Semester

  • Syllabus

1st

  • Management Functions & Behaviour
  • Economic and Social Environment
  • Human Resource Management
  • Introduction to Information Technology

2nd

  • Operations Management
  • Marketing Management
  • Quantitative Techniques for Managers
  • Managerial Economics
  • Strategic Management

3rd

  • Marketing Management 
  • International Business
  • Operations Management 
  • Insurance Management
  • Financial Management 
  • Human Resource Management
  • Information Systems

4th

  • Business Law & Corporate Governance
  • International Business
  • Research Methodology
  • Management Information Systems
  • Project Work

PGDM Course: Jobs & Salary 

Candidates often choose the PGDM course or other management programs to advance their job positions and increase their salary potential. Here’s a list of jobs and their corresponding salaries after completing a PGDM course:

Jobs

Salary

Public Relation Officer

INR 3.10 LPA

Marketing Manager

INR 7.15 LPA

HR Manager

INR 7.15 LPA

Business Consultant

INR 9.86 LPA

Finance Manager

INR 10 LPA

Brand Manager

INR 10.55 LPA

International Sales Manager

INR 10.80 LPA

Strategic Manager

INR 10.84 LPA

Sales Manager

INR 10 LPA

Healthcare & Hospital Manager

INR 4 LPA

Digital Marketing Manager

INR 4.5 LPA

Books for Preparing CAT Entrance Exam for PGDM Course 

For those preparing for the CAT entrance exam, here are some recommended books:

Book Name

Author Name

Quantitative Aptitude for Competitive Examinations

R.S Aggarwal

How to Prepare for Quantitative Aptitude for CAT

Arun Sharma

Quantitative Aptitude for CAT

Nishit K. Sinha

How to Prepare for Data Interpretation for CAT

Arun Sharma

Logical Reasoning and Data Interpretation for the CAT

Nishit K. Sinha

Data Interpretation for the CAT

Trishna Knowledge Systems

Verbal Ability and Reading Comprehension for CAT

Arun Sharma and Meenakshi Upadhyay

Word Power Made Easy

Norman Lewis

High School English Grammar and Composition

Wren and Martin

Explore the CAT Exam Syllabus for MBA 2024: Section-wise with weightage that cover key areas such as Quantitative Ability and Verbal Ability.

A PGDM course focuses on practical skills and is relevant to the industry, preparing students for various management roles. By selecting the right specialisation and college, students can boost their career prospects and achieve personal growth.

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FAQ for PGDM Course

What is the PGDM Full Form in Medical?

The full form of PGDM in the medical field is a Post Graduate Diploma in Management.

Is PGDM 1 Year or 2 Years?

The PGDM course typically lasts for 2 years, although some institutions offer a 1-year PGDM program.

Which PGDM Course is Best?

The best PGDM course depends on individual career goals and interests. Popular specialisations include Marketing, Finance, and Human Resource Management.

Is PGDM Better than MBA?

Whether a PGDM is better than an MBA depends on personal preferences. PGDM is often more industry-oriented, while MBA programs may provide a broader academic foundation.

What is the average PGDM Fee?

PGDM fees generally range from INR 4 lakhs to INR 10 lakhs, depending on the institution and course specialisation.

Who is Eligible for the PGDM Course?

To be eligible for the PGDM course, candidates must hold a Bachelor's degree with a minimum of 50% marks and qualify for entrance exams such as CAT, MAT, or GMAT.

Is PGDM Expensive?

Yes, the fees for PGDM programs are generally over INR 5 lakhs, but this can vary by college, with some offering lower fees.

What Jobs Can You Get After a PGDM Course?

After completing a PGDM, graduates can pursue roles such as Retail Manager, Operations Manager, Supply Chain Manager, and Insurance Broker, among others.

Can Freshers Enroll in PGDM?

Yes, freshers can apply for the PGDM course.

Can I Do PGDM After B.Com?

Yes, pursuing a PGDM after a B.Com degree can lead to a promising career path.

What is the Age Limit for PGDM?

There is no age limit for enrolling in a PGDM program.

Which Entrance Exam is Best for PGDM?

ATMA is considered one of the top entrance exams for PGDM admission.

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