Why PGDM Is Better than MBA?

Why PGDM Is Better than MBA?

When it comes to pursuing a management education, students often find themselves weighing the choice between a Post Graduate Diploma in Management (PGDM) and a Master of Business Administration (MBA). Although both offer valuable pathways to success in the business world, understanding their differences can help you make an informed decision.

In India alone, over 500 institutions offer PGDM programmes, which the AICTE approves. On the other hand, over 5,500 universities and colleges offer MBA programmes, regulated by the UGC. So, which one should you choose? It’s not just about the degree or diploma - it’s about what aligns best with your career goals.

Join us to get a clear understanding and take a deeper dive into the differences between the two programmes and understand why PGDM is better than MBA. 

What is PGDM?

The Post Graduate Diploma in Management (PGDM) is a two-year programme approved by the All India Council for Technical Education (AICTE). Over 500 institutions in India are approved by AICTE to offer this programme offering the flexibility to design, update, and modify their curriculum as needed. Furthermore, the provision to conduct examinations and assess their students independently provides the programme with an edge. The curriculum is typically crafted to align with industry requirements, ensuring better job placement opportunities for graduates.

What is an MBA? 

The Master of Business Administration (MBA) is a postgraduate degree programme typically offered by universities and colleges recognized by the University Grants Commission (UGC). The duration of the programme is two years. There are over 5,500 universities and colleges across India that provide MBA programmes. The curriculum is revised seldom as compared to PGDM, therefore providing an upper hand to the former. 

MBA vs. PGDM what to expect? 

Here's a comparative overview of the key differences between a PGDM vs MBA:

Parameter	MBA	PGDM
Full form	Master of Business Administration	Post Graduate Diploma in Management
Qualification	Degree	Diploma
Offered By	Universities and affiliated colleges	Autonomous institutions and universities
Curriculum	Typically follows a university-prescribed syllabus, which may be updated less frequently	More flexible and frequently updated to align with current industry trends
Duration	Generally 2 years	Generally 2 years
Focus	Theoretical and technical aspects of management	Practical and industry-oriented approach
Skills	Interpersonal Skills Leadership Skills  Communication Skills  Strategic Thinking  Decision-Making  Strategic Problem-Solving, etc.	Communication Leadership Analytical Thinking Business Planning Team Management Critical Decision-Making Marketing Expertise Financial Analysis Supply Chain Management, etc.
Recognition	Recognized globally	Highly valued by industries; recognition may vary internationally
Course Fee	Generally lower since institutes often receive government subsidies	Comparatively Higher
Admission Tests	Common Admission Test (CAT) Management Aptitude Test (MAT) NMAT SNAP CMAT Exams specific to universities, etc.	Common Admission Test (CAT)  Xavier Aptitude Test (XAT) Graduate Management Admission Test (GMAT) All India Management Association - Common Admission Test (AIMA-CAT)  Institute-specific exams, etc.
Suitable for	It provides a globally recognized academic credential, emphasizing theoretical and technical aspects of management. Therefore it is perfect for candidates looking for recognized academic credentials.	Ideal for students keen on staying abreast of industry trends, offering a flexible curriculum that adapts to current market demands

Why PGDM is better than MBA?

When aspiring to advance in the field of management, choosing the right educational path is crucial. While both the Post Graduate Diploma in Management and the Master of Business Administration are esteemed qualifications, the former offers several distinct advantages that align closely with industry demands and dynamic business environments.

1. Industry-Relevant Curriculum

One of the notable answers to “Why PGDM is better than MBA” is that PGDM programmes are typically offered by autonomous institutions, granting them the flexibility to regularly update their curricula. This autonomy ensures that the course content remains aligned with current industry trends, technologies, and practices. In contrast, MBA programmes, often affiliated with universities, may have less frequent curriculum revisions. 

2. Practical Exposure and Skill Development

A hallmark of PGDM programmes is their emphasis on experiential learning. Through case studies, internships, industry projects, and workshops, students gain hands-on experience that hones their skills. Alternatively, MBA programmes, while comprehensive, often focus more on theoretical aspects.

3. Specialization and Elective Diversity

PGDM courses often offer a wide array of specializations and electives, allowing students to tailor their education to specific career goals and industry needs. On the contrary, MBA has a broader theoretical curriculum with less room for specific industry-oriented specializations. These programmes may have a more rigid structure with limited specialization options. This means a PGDM can provide a deeper dive into niche areas relevant to your desired career path.

Moreover, some institutes in India allow dual specialization in PGDM. It encourages students to focus on two areas of expertise, enhancing their versatility and employability. It offers a broader skill set, catering to diverse industry needs, and increases career opportunities. This approach helps students adapt to dynamic business environments and meet varied corporate demands effectively.

4. Enhanced Employability and Industry Connections

The industry-oriented nature of PGDM programmes fosters strong ties between institutions and the corporate sector. Graduates can excel in various fields such as human resources, sales management, finance, management consulting, marketing management, training and development, marketing, operations, brand management, and more. 

5. Alignment with Corporate Expectations

Additionally, PGDM programmes are designed with a clear focus on meeting corporate expectations. The curriculum is often developed in consultation with industry experts, ensuring that the skills imparted are in sync with what employers seek. By enrolling in such programmes future industry experts gain the advantage of shaping a fulfilling career. 

Career prospects after completing PGDM

To further strengthen why PGDM is better than MBA, completing a Post Graduate Diploma in Management (PGDM) opens a plethora of career opportunities across various sectors. Such qualification equips graduates with the skills and knowledge required to excel in dynamic business environments. Below are some prominent career prospects for PGDM holders:

• Marketing Manager

• Financial Analyst

• Human Resources Manager

• Operations Manager

• Business Analyst

• Entrepreneur

• Academic Roles, etc.

Top B-schools offering PGDM

Here is a list of the top 10 PGDM institutes in the country: 

• IIMs 

• XLRI

• IIFT

• Globsyn Business School

• IMI 

• Praxis Business School

• IMT

• MDI

• SP Jain

• SPJIMR

• ISB, etc.

Wrapping up 

To answer “why PGDM is better than MBA” both PGDM and MBA offer valuable opportunities, but the choice depends on your career aspirations and preference for industry-relevant, practical learning. While MBA programmes provide strong academic credentials, PGDM’s dynamic curriculum and industry integration often offer a distinct edge for those seeking hands-on experience and rapid career growth. Therefore choose the path that aligns with your goals and sets you on the path to success!