The two popular management courses that students are eager to enroll for are PGDM and MBA. Students from diverse backgrounds take up these courses in their quest for a rapid rise in the corporate ladder. Today, students from engineering, economics and commerce backgrounds and others who already hold jobs realize the importance of possessing a management degree as it will prove to be very advantageous in the long corporate run.
While it comes to choosing one or the other, students are a bit confused. While MBA is much touted for the tag it already has, PGDM is not far behind. This article endeavors to clear all doubts and establish that each course has its own benefits, with PGDM tilting the scales in its favor for various reasons.
The expansion for PGDM is Post Graduate Degree in Management and it is a 2-year full-time course. Some premium institutes like the IIMs, XLRI, ISBR etc. that offer this course are recognized by the All India Council of Technical Education (AICTE) while MBA courses are offered by several Universities in India and abroad.
Here are 10 best reasons why you should choose PGDM over MBA:
1. Industry-centric Course Design
PGDM courses are designed in such a way that they are industry-centric when compared to the structure of MBA courses. Only autonomous institutions offer PGDM courses and they ensure that the courses contain updated syllabi matching the latest industry needs. While MBA courses go by the book, PGDM has a more open-minded approach and is more learner-oriented.
2. Choice of Specializations
When you enroll for a PGDM course, you have the liberty to specialize in areas of your interest. For instance, if you choose Finance as your area of specialization, you get to choose Marketing/Project Management/IT as minor specialization in the second year, which broadens the scope, giving you better options during placement.
For example, ISBR offers 14+ different specializations for its PGDM courses.
3. Develop Better Skills
The atmosphere at an institution that offers PGDM courses is quite different from a regular university-type classroom. As a student pursuing PGDM, you get a lot of hands-on corporate exposure which helps you to hone your communication skills. You’ll also be able to sharpen your interpersonal skills while amid your peers through various interactive sessions. Besides getting a fillip to your decision-making capacity, you develop keen analytical skills.
4. Lucrative Placement Offer
PGDM curriculum includes practical exposure to industries through organizational study, internships and on-job projects that help students to build their corporate network which even helps them to fetch PPOs ( Pre Placement offers). Most of the reputed institutions offering PGDM courses have tie-ups with leading companies. They also organize job fairs in a big way and ensure all their students get a fair chance to get lucrative offers and are well-placed.
ISBR has an excellent 93% placement record, as it leaves no stone unturned to connect students to corporates through various events such as Skill Capital Internship Fair and Talent Connect Placement Drive.
5. Better Exposure
A PGDM student has the privilege of undergoing institution-sponsored management internships. He or she also gets to meet industry leaders and gain first-hand insights as to how a modern business functions. Apart from intense classroom sessions, they also get real-time exposure to the world of business.
6. Mentoring by Seasoned Faculty Members
All the reputed institutions offering PGDM courses employ distinguished faculty members having academic as well as corporate experience. These highly qualified teachers take it upon themselves to mentor their wards to shape them into outstanding individuals.
7. Easy Financing for Courses
Undergoing a PGDM course at any of the reputed institutions gives the students an upper hand when it comes to financing their studies. Such AICTE-approved institutions make it easy for the students to avail education loans as the banks come forward with low-interest offers and help students with flexible loans that can be repaid after they get placed comfortably.
8. Multiple Skill Sets
These days a mere degree in management studies is not likely to take you very far. It is important to develop good skill sets. Undergoing a PGDM course helps you develop such skill sets through various certification program making you job-ready and catapulting you up the corporate ladder by giving you leadership and managerial skills that are in great demand today.
9. Entrepreneurial Opportunities
For those students who are bitten by the entrepreneurial bug, a PGDM course sets the perfect stage. Students aspiring to launch their own startups couldn’t find a better place than a reputed institution offering a PGDM course where the right opportunity exists to pitch their projects during the course.
10. Classes are Never Boring
A PGDM classroom is never boring and interactive supplemented with discussions, role play, activities, games, and presentations. There is always a game of wit taking place amongst brilliant and lively students. The classrooms are bound to be fun and at no time is the learning aspect compromised or ignored. Some of the best brains enroll for PGDM courses and it is more than likely that you will meet people who match your wit and intelligence.
At ISBR, learning activities are given precedence over everything else so that key factors such as talent and prestige of the faculty, the academic performance of students and their career opportunities are never compromised.
ISBR has some of the best faculty members who believe in mentoring the students to shape them into future leaders. Having mastered their subjects after publishing several research thesis, these faculty members readily share their knowledge and experience with the students.
Students are exposed to some of the most informative guest lectures where leading dignitaries share their business experience and tips on how to become successful.
Hear what some of the faculty members and other industry specialists have to say about how ISBR helps hone the skills of the students to make them future leaders through innovative and well-structured programmes.
Closing Thoughts
It is a fact that PGDM courses are expensive when compared to an MBA course at any University. Most students believe it is a small price to pay, considering the brilliant prospects and the knowledge and skills that accrue at an institution that offers PGDM courses.
Know more about PGDM courses at ISBR.