MBA vs PGDM: What is the difference between MBA and PGDM? know everything
MBA vs PGDM Difference: After graduation in any field, one can be admission in MBA or PGDM course. Every year a large number of students take admission in various management courses. Most people do not know the difference between an MBA and a PGDM. Let us tell you that MBA and PGDM are two different courses. The fees of both are also different and there is also a difference in placement and salary after the completion of the course.
The full form of MBA is Master of Business Administration and PGDM is Post Graduate Diploma in Management. You can understand a big difference between them from the full form of MBA and PGDM. MBA is a degree course, while PGDM is a diploma course (Difference between MBA and PGDM). There is also a similarity between MBA and PGDM courses, both are post-graduate degree/diploma courses in the field of management. Know 10 major differences between MBA and PGDM courses.
MBA Syllabus: What is an MBA (Master of Business Administration)?
MBA is a degree course. It is usually for two years. The MBA syllabus includes comprehensive management education. It explains various aspects of management and leadership. In this, thesis/project work is given a lot of importance. There is also an option of specialization in MBA. You can choose options like an MBA in Finance, an MBA in Marketing, MBA in HR in the last semester. This course is recognized by higher education institutions.
PGDM Course Details: What is a PGDM (Post Graduate Diploma in Management) course?
The full form of PGDM itself shows that it is a diploma course in management. PGDM is usually a course of 1 or 2 years. The PGDM syllabus focuses on specific areas of management. In this, thesis or project work is not given much importance. Like MBA, in PGDM also students are given the option of specialization (like finance, marketing, HR). You can be admitted to PGDM courses at big universities and professional institutes.
MBA vs PGDM Difference: What is the difference between MBA and PGDM?
MBA and PGDM are both management courses but there are some major differences between them. Know about them before taking admission to in MBA or PGDM-
1. Degree vs Diploma: MBA is a degree course, while PGDM is a diploma course.
2. Course Duration: MBA is usually a 2-year course, while PGDM is a 1-2 year course.
3. Management Course Syllabus: MBA provides comprehensive management education, while PGDM focuses on specific management areas.
4. Thesis/Project Work: Thesis/Project Work is mandatory in MBA, while it is not compulsory in PGDM.
5. Recognition: The MBA is recognized by the University Grants Commission (UGC), while the PGDM course is done in professional institutes and universities.
6. Specialisation: MBA offers various specialization options, such as finance, marketing, and HR, while PGDM has limited specialization options.
7. Admission Criteria: Caste certificate, income certificate, and other documents are required for admission to the MBA, while PGDM admission criteria vary from institute to institute.
8. Fees: MBA fees are usually higher than PGDM fees.
9. Career Opportunities: MBA has a wide range of career opportunities, while PGDM offers career opportunities in specific industries or sectors. MBA passouts get higher salaries than PGDM graduates.
10. Global Recognition: MBA is recognized globally, while PGDM may have limited recognition.