MBA degree is designed for the students to complete their Masters in Business. MBA is a post-graduation degree under the government of India. MBA specializes in Finance, accounting, Human Resources, Marketing, and Operations Management. After completing the MBA degree, students can get jobs in corporate companies with unique packages.
PGDM is also a post-graduation degree of two years and is not the same as an MBA. PGDM students are given more practical training about the business. The two-year course focuses on the overall development of the students with functional and industrial activity in this field. This blog will explain the differences between an MBA and a PDGM, their eligibility criteria, the Admission process, Jobs, Salaries, and much more.
MBA vs PGDM Differences-
|
Features
|
MBA |
PGDM |
|
Full Form |
Masters in Business Administration |
Post Graduate Diploma in Management |
|
Degree Level |
Post Graduation Degree level
|
Post Graduate Diploma |
|
No. Of Years
|
2 years |
2 years |
|
Qualification Criteria |
A Bachelor degree from any stream under the recognized Institute. The minimum percentage required is 50% |
A Bachelor degree from any recognized Institute. |
|
Council or Body |
University Grants Commission (UGC) |
All India Council for Technical Education (AICTE) |
|
Syllabus |
Theoretical with a blend of practical training aspects. |
Practical syllabus with industry related training |
|
Cost |
Budget friendly
|
Expensive |
Eligibility criteria for MBA and PGDM-
Let us understand the Eligibility criteria for both exams in more detail. It is as follows-
MBA-
1) Completion of Secondary and Higher secondary education from a recognized institute.
2) A bachelor’s degree in any stream from a recognized institute. The minimum % required for an MBA is 50% for general category students and 45% for reserved ones.
PGDM- 45 to 50% for general category students and 40 to 45 % for reserved ones.
3) Passing the entrance exams for MBA and Pdgm, respectively, with minimum passing marks.
MBA entrance exams are- CAT, MAT, CET, GMAT, and SNAP.
PGDM entrance exams are- CAT, MAT, XAT, GMAT, and SNAP.
Admission and Registration Process-
1) Visit the official website for the registration process for the MBA and PGDM exams, respectively.
2) Create your login credentials on the official website, and this login will remain with you until your admission process is completed.
3) Fill out the application forms for the entrance exams with all the necessary personal details. Also, attach all the educational credentials along with the application form.
4) You will also have to select the cities where you want to take your exams in the form. After filling in all the information and uploading all the documents, pay the fees, and your application will be accepted.
5) After appearing for the exams and receiving results, you will have to mention all the colleges you are interested in attending.
Jobs and Salary-
After completing your MBA and PGDM Degrees, you will get jobs in the following fields;
- Finance
- Human Resource
- Marketing
- Operations management
The job roles will start from the essential administrative work to creating the strategies required to elevate your company to the next level. You will get a job as a team member at the start. According to your hard work, dedication, and excellent skills, you will even get the job of team lead, a manager with years of experience.
The starting salary will be five lakhs for the average college, up to 20 Lakhs, also based on your competency and the colleges you selected.
MBA Placements
|
College Names
|
Average Annual Package |
|
IIM Calcutta |
INR 34, 00,000 |
|
ISB Hyderabad |
INR 34,70,000 |
|
IIM Bangalore |
INR 33,80,000 |
|
FMS Delhi |
INR 32,40,000 |
|
SP Jain Institute of Management and Research |
INR 32,00,000
|
|
PGDM PLACEMENT |
|
|
College Names
|
Average Annual Package |
|
Institute of Management Technology Ghaziabad |
INR 17,35,000 |
|
XLRI Xavier School of Management |
INR 32,70,000 |
|
Birla Institute of Management |
INR 11,25,000 |
|
GLIM Chennai |
INR 14,50,000 |
|
Jaipuria Institute of Management, Jaipur |
INR 11,49,000 |
JOB AND SALIRES AFTER PGDM
|
Job Profile |
Average Annual Salary |
|
Accounting Manager |
INR 7,21,000 |
|
Human Resource Manager |
INR 6,60,000 |
|
Marketing Manager |
INR 7,00,000 |
|
Business Development Manager |
INR 5,70,000 |
|
Senior Business Analyst |
INR 11,60,000
|
|
JOB AND SALIRES AFTER PGDM |
|
|
Job Profile |
Average Annual Salary |
|
Business Consultant |
INR 9,40,000 |
|
PR Officer |
INR 2,50,000 |
|
Strategic Manager |
INR 19,88,000 |
|
Brand Manager |
INR 12,00,000 |
|
International Sales Manager |
INR 10,00,000 |
Conclusion-
Both courses require a lot of hard work, dedication, and passion. Students aspiring to succeed in their field should know all the necessary registration processes. If you want to know more about the MBA and PGDM programs, visit our official website, click4college, and learn about all the details.
Frequently Asked Questions
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