fbpx

MBA vs PGDM: The Differences between MBA and PGDM Explained

The Differences between MBA and PGDM Explained

Do you have a bachelor’s degree and are considering taking a course to advance your career? MBA comes to mind anytime someone considers postgraduate study. Okay, wonderful. Are you applying for an MBA? Wait! We also provide PGDM. But what distinguishes an MBA from a PGDM?

The difference between MBA and PGDM is not as difficult to understand as it might sound. These two programs are different because of their fundamentally different goals and learning styles. Before we dive further into the differences between MBA and a PGDM we will be taking a look at What is a MBA & What is a PGDM.

Both MBA and PGDM are Master of Business Administration, yet they are completely different. While both programs involve a significant amount of coursework and will prepare you for an entry-level management position, they also differ in terms of content and degree requirements. In an attempt to enlighten you regarding the differences between these two degrees, I’ve created this blog post that will break topics down by topic and explain them in more detail.

What is a MBA ?

MBA stands for Master of Business Administration. This degree is normally gained at a business school and is completed in two years. Finance, accounting, marketing, and strategy are just a few of the topics covered in an MBA program. MBA students might concentrate in a certain field of business, such as entrepreneurship or marketing.

A bachelor’s degree in any discipline is usually required to be qualified for an MBA program. Some programs may need job experience, however this is not always the case. MBA programs normally span two years, while certain schools may provide a one-year expedited alternative.

Some of the most popular MBA courses include finance, marketing, and operations management. These courses are designed to give students the skills and knowledge they need to be successful in a variety of business and management roles.

Here are some of the most popular MBA specialisations:

  • MBA in General Management
  • MBA in Marketing
  • MBA in Human Resource Management
  • MBA in Consulting
  • MBA in Entrepreneurship
  • MBA in Finance
  • MBA in Operations Management
  • MBA in Management Information Systems
  • MBA in Global Management
  • MBA in Engineering Management
  • MBA in Technology Management

What is a PGDM ?

A postgraduate diploma in management is known as a PGDM. This two-year degree program is often acquired at a business school. Among the areas covered in a PGDM curriculum include finance, accounting, marketing, and strategy. A PGDM degree allows students to specialize in a certain field of business, such as marketing or entrepreneurship.

The qualifying requirements for PGDM programs are often the same as for MBA programs. However, some PGDM programs could demand that you hold a particular kind of bachelor’s degree, like one in business. Although some institutions offer an expedited alternative that may be finished in as little as one year, PGDM programs normally last two years.

 

  • Marketing Management
  • Financial Management
  • Human Resource Management
  • Operations Management
  • Information Technology Management

MBA vs PGDM: The Differences between MBA and PGDM Explained

What the difference between MBA and PGDM ?

One of the key distinctions between PGDM and MBA is that the former is a diploma program given by independent institutes, whilst the latter is a degree program offered by universities.

Below are other key differences between PGDM and MBA:

Fees :

An MBA degree is more affordable than a PGDM when comparing the two programmes’ respective costs. In an MBA program, there are government subsidies and funding available as a backup, however the PGDM program is run by independent, autonomous schools, which results in higher costs.

Course Duration –

The typical length of an MBA program is two years, broken into four major semesters. In contrast, the length of a PGDM diploma degree might range from one to 2.5 years, depending on the autonomous institute’s preference.

Many firms prefer MBA degrees to PGDM degrees –

When compared to MBA degree programs, the PGDM is more popular, but the value of an MBA degree cannot be understated. Many employers value an MBA degree more than a PGDM degree.

Forgery-

Because the MBA degree program delivers a University level degree and the universities that provide it provide a University level degree, the MBA degree is less likely to be fake. The likelihood of fraudulent claims of a bogus PGDM MBA course degree is low. Whereas PGDM diploma courses are delivered by autonomous organisations, the likelihood of them being false grows.