PGPM vs PGDM: Which is Right for You?

Many courses are available to advance your career in business management, but you are confused about which is best. PGDM, PGPM, or MBA- which course should you consider? PGPM is for managerial roles; PGDM focuses on practical skills and is suitable for both freshers and experienced professionals. MBA is a traditional course in the job market. 

Explore the difference between PGPM vs PGDM along with the MBA and PGDM differences that will help candidates select the right course.

‍

What is PGPM?

PGPM, or Postgraduate Program in Management, is for those who have completed their graduation and want to upgrade their management skills. The PGPM course is two years long, but few colleges offer a one-year PGP course, which can benefit working professionals. 

This course provides the students with managerial skills through theoretical and practical knowledge gained through projects and internships.

‍

What is PGDM?

PGDM, or Postgraduate Diploma in Management, helps students gain all the necessary skills required in the business industry. The PGDM course is similar to an MBA but focuses more on industry-centric subjects. This course provides a deep understanding of business tasks. 

The PGDM course prepares students to become professors and lecturers at educational and research institutes, with specialisation courses in management, accounting, and business.

‍

Propel your Education Dreams to Reality with Fast, Flexible Loans from Propelld.

‍

The Difference Between PGPM and PGDM

The following table shows the key differences between PGPM and PGDM courses, including course duration, eligibility, career opportunities and top recruiters.

If you are a working professional and want to go for higher studies, discover the Education loan for Working Professionals to finance your education.

‍

Unlock Fast, Collateral-Free Education Loans with Propelld Today!

‍

PGPM vs PGDM: Job Opportunities

Each course offers unique job opportunities in different domains. Here, we will explore the domains and job opportunities each course provides. 

‍

PGPM vs PGDM: Salary

PGPM and PGDM offer great career opportunities in different job roles and salary packages. Below is the comparison between job profiles and their average salaries after completing these courses.

‍

‍‍Get your Loan Disbursed 10 times Faster than Banks. Apply Now.

‍

PGPM vs PGDM: Eligibility Criteria

While both courses have similar eligibility criteria, they differ regarding entrance exam requirements and work experience. 

‍

No Collateral Required. Approval Based on Student Potential. Check Your Eligibility

‍

PGPM vs PGDM: Top Colleges

It is essential to review the colleges offering these courses when choosing between PGPM or PGDM courses.

Here are the top 5 PGPM Colleges with their course fees:

Here are the top 5 PGDM Colleges with their course fees:

Are you looking to pursue a postgraduate course at a top college but worried about high fees? Learn how to apply for an education loan in India - Complete process

‍

Get an Education Loan for Any College. 100% Fees Financed- Propelld Education Loan

‍

PGPM vs PGDM: Specialisation

Both PGPM and PGDM offer multiple specialisation courses that allow students to tailor their education to their career goals. Below is the list of specialisation options available for each program:

‍

PGPM vs PGDM: Course Benefits

Here are the benefits provided by each course:

‍

‍

When to Choose? PGPM vs PGDM

Choose PGPM if you want to:

• Advance your career in a leadership role
• Increase your earning potential
• Access more and better career opportunities

Choose PGDM if you want to:

• Learn specialised business skills
• Gain practical knowledge
• Advance your career
• Develop industry-relevant skills

‍

PGPM vs PGDM: Skills Required

Before deciding which course to choose, it is essential to understand the skills needed for each program. Below is a list of the skills required for PGPM and PGDM.

‍

Many candidates think that PGPM is similar to an MBA. No, it is different. In the next section, you will learn how PGPM differs from other management qualification courses like MBA.

Every student wants to do an MBA from a top-ranked college, but the fees are high. Candidates can apply for an Education Loan for MBA: Eligibility and Interest and get a chance to study at a great university/college.Difference Between PGPM vs MBA

‍

Difference Between PGPM vs MBA

When considering advanced education in business management, students are confused between a Post Graduate Program in Management (PGPM) and a Master of Business Administration (MBA). Which one to select?

Both programs provide essential business skills and knowledge. Understanding the differences between PGPM and MBA programs is important for choosing the right path for your career.

Students might also consider PGP courses instead of PGDM courses. Both courses provide good career opportunities and salaries in top companies, so it is important to know the difference between them. Discover Which course is Best after MBA? 15 Top Courses After MBA that can enhance your skills and boost your career.

‍

Difference Between PGP vs PGDM

The PGP course is for freshers with no prior work experience. It gives a solid foundation in management principles. The PGDM courses are for those candidates who have prior work experience. It is more suitable for professionals seeking to deepen their expertise or shift their career focus.

Here is the difference between the PGP vs PGDM courses that will help you to choose the best course for your future career.

‍

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

‍

Understanding the differences between MBA, PGPM, PGDM, and PGP programs can help students and working professionals choose the right course for their future needs.

‍

Why Propelld?

Propelld offers education financing solutions through loans for students to pursue higher education. It provides flexible repayment options and aims to help students afford their education without the burden of upfront costs.

The following are the primary benefits of Propelld.

Take the next step in your academic journey - Apply for an education loan today!

‍

‍

‍

FAQs for PGPM vs PGDM

Which course is better, PGPM or PGDM?‍

The choice between PGPM and PGDM depends on your career goals and personal circumstances. PGPM is typically more suitable for fresh graduates, while PGDM may be a better fit for those with work experience looking to advance their careers.

Are PGPM and MBA the same?‍

No, a PGPM (Post Graduate Program in Management) is not the same as an MBA (Master of Business Administration). While both programs focus on management education, they have different structures, course durations, and sometimes different eligibility criteria.

What are the disadvantages of PGPM?‍

One disadvantage of PGPM is that it may not be as widely recognised as an MBA in some industries. Additionally, some PGPM programs may focus more on theoretical knowledge rather than practical experience.

Which is better, an MBA or a PGDM?‍

This depends on individual preferences and career aspirations. An MBA is often viewed as a more traditional and recognised degree, while a PGDM may offer course flexibility and specialisation options.

What is the average salary of PGPM in India?‍

The average salary for PGPM graduates in India typically ranges from INR 20 to 30 lakhs per annum.

Does IIM offer a PGPM course?‍

Yes, several Indian Institutes of Management (IIMs) offer PGPM courses like IIM Tiruchirapalli, IIM Bangalore etc.

Is there a 1-year PGDM course?‍

Yes, ISBR Business School offers 1 year of PGDM course with 5 lakhs of course fee.

Can I do a PhD after PGDM?‍

Yes, you can pursue a PhD after completing a PGDM, provided you meet the specific admission requirements of the institution offering the PhD program.

What is the full form of PGPM?‍

The full form of PGPM is the Graduate Program in Management.

Is CAT required for the PGPM course?‍

Yes, many institutions require the Common Admission Test (CAT) for admission into PGPM courses.

What is next after PGDM and PGPM?‍

After completing PGDM or PGPM, graduates can pursue various career opportunities in management or consider further studies such as a PhD or specialised certifications.

Which is more cost-effective, PGPM vs PGDM?‍

PGDM programs are generally more cost-effective, with average course fees ranging from INR 4 to 10 lakhs, compared to PGPM courses, which can cost between INR 14 to 31 lakhs.

Who earns more, PGPM or PGDM?‍

PGPM graduates typically earn more, with average salaries ranging from INR 20 to 30 lakhs, compared to PGDM graduates, who earn between INR 6 to 15 lakhs.

Which course is more suitable for a career switch, PGPM vs PGDM?‍

Both PGPM and PGDM can facilitate a career switch, but PGDM may be more beneficial for those with prior work experience, as it often focuses on practical skills and specialised knowledge.

What are the eligibility criteria that highlight the MBA and PGDM difference?‍

Both MBA and PGDM programs generally require a bachelor’s degree with a minimum of 50% marks. However, PGDM programs often require 2 years of work experience, which is not mandatory for an MBA.