PGDM Course Details: A Comprehensive Guide
Post Graduate Diploma is a two-year postgraduate management course. The course is usually offered through the semester or trimester system, and the examination pattern follows the same. The PGDM course is open to all graduates with a bachelor's degree in any stream. The admission process for the course can be direct, but most colleges consider the entrance examination score for the admission process.
Some popular entrance exams for PGDM courses are CAT, MAT, GMAT, CMAT, XAT, NMAT, and ATMA. The average fee for a PGDM course ranges from INR 1,00,000 to INR 20,00,000, depending on the college and its ranking. After completing the PGDM course, students can expect an average annual salary of INR 4-10 LPA. The course offers various specializations like Marketing, Finance, Human Resources, Operations, Information Technology, and International Business. We will cover the PGDM course details below.
PGDM courses differentiate themselves from traditional MBA programs because they offer superior management-related knowledge in a focused and condensed curriculum. It focuses on examining the corresponding parts of management, such as Finance, Human Resources, and Accounting, typically lasting up to six months to two years, depending on the location and type of the programs.
Eligibility Criteria
You must possess a graduate degree from any subject, including a B.A., B.com, or B.Sc., to be admitted to the PGDM program. You need a diploma from your graduation with around 50 credits. You can enroll only if you score % or more on the test. However, you may also be admitted at 45% if you fall under the SC or ST categories. There is no maximum age for enrolling in this course.
Specializations in PGDM
1. PGDM In Marketing Management
A two-year, full-time postgraduate diploma in marketing management can lead to a job in the marketing industry. The course focuses on how successful business organizations use markets and how firms work about market orientation. The most excellent part about getting this degree is its applicability to several businesses in all industries, especially in the rapidly changing digital world.
Job Profiles: Marketing Manager, Brand Manager, Product Manager, Marketing Communications Manager, Market Research Analyst, Marketing Executive, Etc.
2. PGDM In Hospital and Healthcare Management
The hospital and healthcare management field are expanding and developing globally, not only in India. The healthcare system needs a lot of regulation and systemization, especially after a pandemic. This indicates that in the following years, there will undoubtedly be an increase in demand for healthcare management professionals. Working in this field makes you happier personally and provides your job with greater purpose because it advances a good cause.
Job Profiles: Healthcare Consultant, Product Manager, Hospital Administrator, Operations Manager, Physician Assistant, Medical Coordinator, Etc.
3. PGDM In Human Resource Management
With the help of this postgraduate qualification, a candidate can develop various skills, such as administration, negotiation, organization, customer interactions, presentation, etc. Candidates who consider themselves "people person" are best suited for this degree. The universal applicability of the PGDM in HR is another benefit; wherever you go, you will be able to get respectable work. The job functions in this sector are crucial to the efficient operation of any firm and enhance employee productivity.
Job Profiles: Talent Acquisition, Talent Management, Chief Recruiter, Employee Relations Manager, Staffing Director, Training And Development Manager, Etc.
4. PGDM In International Business
A postgraduate diploma in international business is a two-year degree that offers insights into international companies' operations, policy framework, operation, business practices, viewpoints, and strategies. By obtaining this diploma, the students commit to a globally competitive career, thus enhancing their employability.
Job Profiles: Consultant, Logistics Manager, Sales Coordinator, Export Manager, Administrative Service Manager, Etc.
5. PGDM In Operations Management
The manufacturing, logistics, and backend work of an organization are the core topics of operations management as a field of study. By focusing resources and creating products from them, it promotes business execution. Operations management's vitality is indisputable because it affects a company's performance immediately. Students interested in a career in operations management will comprehend the significance of foundational competencies in paving the road up the corporate ladder.
Job Profiles: Production Analyst, Distribution Manager, Inventory Manager, Quality Analyst, Schedule Coordinator, Procurement Specialist Etc.
PGDM Syllabus
The selected college determines an exact semester-by-semester breakdown of the disciplines taught in the PGDM core course. While the order of these topics may vary, this course primarily covers several common topics. The subjects include:
● Principles And Practice Of Management
● Managerial Economics
● Marketing Management
● Statistics Decision Making
● Human Resource Management
● Financial Accounting for Managers
● Business/ Managerial/ Executive Communication
● Cost Management Accounting
● Organizational Behavior
● Macro And Indian Economy
● Legal Aspects of Business
● Global Business Environment
● Strategic Management
● Operations Research
● HR Metrics Tools, And Techniques In Business
● Financial Modelling
● Tax Planning and Management
● Corporate Governance
● Entrepreneurship
● Indian Financial System
● Compensation And Payroll Management
● Artificial Intelligence
● Information Security in International Business
● Warehousing And Inventory Management
● Digital Social Media Marketing
● Research Methodology for Management
Final Thoughts
In conclusion, PGDM is an excellent course for students willing to pursue a career in management. With its diverse specializations and high employability, PGDM is among the most sought-after courses in India. However, picking the right college is crucial for a student's career growth, and the Asia Pacific Institute of Management is undoubtedly one of the best PGDM institutes in the country.
With its exceptional faculty, industry-oriented curriculum, and state-of-the-art facilities, AIM has provided its students with quality education for over two decades. So, if you are looking for a college that helps you achieve your career goals and realize your full potential, AIM is the place for you.