Individuals from diverse backgrounds pursue management courses due to the significant value these programs hold in the corporate sector. If you are looking to advance your career in management, consider enrolling in a PGDM program. PGDM provides valuable opportunities, a range of specialisations and practical applications. The management sector holds this course in high esteem, yet many individuals struggle with clarity and uncertainty when deciding to pursue a PGDM program. People often underestimate and may not widely recognise the advantages and benefits of PGDM. Individuals often pursue an MBA due to insufficient awareness of PGDM programs.
Choosing between MBA and PGDM has always been difficult, with a never-ending debate on which is better. PGDM program is more focused on the practical aspects of managing a business. The program pays more attention to industry-oriented training and syllabi. This ensures exposure to daily business operations in real-world scenarios and readiness to tackle problems.
Let’s highlight the benefits of choosing PGDM over an MBA which helps aspiring management students understand the course better.
1. The Affiliation with AICTE
The fundamental difference between PGDM and MBA is its affiliation. A PGDM is offered by an autonomous body, under the approval of the All India Council for Technical Education (AICTE), by the Government of India. This is advantageous for the program, as it gives the institutions the freedom to design their curriculum, whereas MBA courses follow the University course structure. Also, because of this affiliation, the financing doesn’t become a problem. Students can easily apply for an education loan with a low interest rate and finish their course smoothly.
2. Learning Opportunities
A course that is designed to enhance the skills of a student that suits the current industry scenario is in itself a huge opportunity. PGDM programs keep their syllabus updated with the industrial trends and train students accordingly. This becomes a platform for students to experience real-life scenarios before taking a position in the industry. The case is different with MBA colleges as the structure they follow is rigid, conventional and often outdated.
3. The Course-Design
Institutes offering PGDM design their own curriculum which is frequently updated. They tend to include a lot of case studies, industry visits and capstone projects to bring students face to face with practical industry situations. This approach boosts students’ empirical knowledge and helps them in their career growth; practical implementation is a key element that makes this course a prime want. MBA focuses more on the management theories rather than their hands-on applications.
4. Honing Skills
PGDM courses are more inclined towards the technical application of concepts learnt in classrooms. The focus is put more on enhancing the management and organisational skills, and not just the know-how. Students are exposed to a better set of skills which come in handy in the corporate world. They are trained comprehensively in analytical thinking, making strategic decisions and managing small- or large-scale businesses successfully.
5. Experienced Faculties
Another benefit of PGDM over MBA is that experienced personnel from the industry are often hired as faculties in the PGDM program. They not only hold high qualifications, but also carry the corporate experience that equips them to mentor students to face real-world corporate case studies and be equipped with hands-on skills.
6. Job Orientation
PGDM prepares students to build a career in challenging zones of business management. The program helps to take up complex management roles and progress towards a bright future. This course offers multifold opportunities to students in diverse fields. PGDM aids students to be ready to work under pressure and perform; this makes them confident enough to even start their own venture and make a mark in the corporate world.
7. Field Specialisation
PGDM gives the liberty to specialise in the area of a student’s interest. It also provides a dual specialisation with a major and minor. For instance, one could choose to specialise in Human Resources as a major and Marketing as a minor. This broadens the scope of employability for students. Another benefit of PGDM over an MBA is that most PGDM colleges offer dual specialisation with equal weightage to both specialisations. This throws open more career options for students.
Conclusion
Choosing a PGDM over an MBA can significantly impact one’s career trajectory due to its practical focus, industry-oriented curriculum and skill-enhancement opportunities. Sparsh Global Business School offers comprehensive PGDM programs that align with current industry demands and provide students with real-world exposure. By enrolling in a PGDM at Sparsh Global Business School, individuals position themselves for strategic roles in business management, ensuring that they are well-prepared for a dynamic corporate landscape.
FAQ’s
1. How does a PGDM program benefit career growth?
PGDM programs emphasise on practical learning, case studies and real-world exposure, equipping students with hands-on experience and skills that prepare them for complex management roles.