04 May (9289149991) PGDM/MBA ADMISSION IN NOIDA…ADMISSION 2012
MBA vs PGDM: Which is a better option for me?
Most aspiring managers who want to pursue management studies to give a boost to their careers are very often a confused lot. They want to get the maximum return on their fees and hence do everything it takes to get a degree from one of the renowned B-Schools of the country. In an attempt to make it to IIMs, XLRI or Symbiosis, these students are willing to spend as much time and money as required. They join coaching classes, take practice exams and have mock interviews to make it to the best of the lot.
However, one thing that really confuses them is to go for a MBA from a recognised university or PGDM (Post Graduate Diploma in Management) from IIMs. Let us help you understand the basic difference between the two in India-:
1)Only universities can offer MBA: In India only those management institutes which are affiliated to a university can offer an MBA degree. For this reason institutes like Department of Management Sciences (PUMBA), University of Pune, Jamnalal Bajaj Institute of Management Studies or Faculty of Management Studies can offer MBA degree, as they are affiliated with Pune, Mumbai and Delhi University respectively.
2)MBAs are more affordable: In compared to PGDM, generally MBAs are more affordable as the fees is almost similar to university standard. You can get a rough idea if you compared the fees of IIM and FMS.
3)Difference in focus: An MBA will help in developing technical skills and business knowledge whereas a PGDM will prepare graduates for senior level positions in industry and paves the way for a strong corporate career. Hence, if you’re looking for a career in the challenging area of management, you should go for PGDM.
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