MBA is Better Than PGDM

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Alok Mishra1

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Sep 19, 2015, 1:14:10 PM9/19/15
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Alok Mishra1

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Article Title: MBA is Better Than PGDM
Author: Alok Mishra1
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In today’s competitive environment, everyone is searching for the pathways which can enable them to achieve their goals. The most difficult question for any graduate today is the selection of right course for him. Its the right time for the institutions to lure the graduates towards the various Management course. The biggest dilemma which management aspirant face is- MBA or PGDM? The confusion is enhanced with numerous business schools which have emerged claiming high achievements and placements for the students. It has become very difficult for aspirants to first chose the course (MBA or PGDM) and then to select the best college amongst the various colleges.

The most important aspect for any graduate is to understand the difference between MBA and PGDM terms of Recognition as well as qualitatively.

A Masters in Business Administration (MBA) is a degree course offered by the colleges affiliated to the universities and is approved by UGC and AICTE while the Post Graduate Diploma in Management (PGDM) is a diploma course which is offered by the institutes and is recognised by the All India Council for Technical Education (AICTE).

MBA is a two years degree program which is affiliated to any of the recognized university whether foreign or Indian. The complete curriculum of the course is as per the university norms and regulations. The fees structure of the course is designed by the university itself.

Post Graduate Diploma in Management(PGDM) is a diploma course offered by institutions which are an autonomous body. It means that they are not affiliated to any university. Such institutions cannot offer MBA degree .They offer diploma to the students. The curriculum to be taught is designed by the institute itself instead of university. The institute has complete say in designing the fee structure. There is no influence of university on the fee of such programs due to which the tend to demand high free structure..

An MBA from any institute with good repute and infrastructure is a good option for graduates. Moreover only MBA’s can apply for government jobs.

As MBA is a university course , it has an added advantage of experienced faculty and infrastructure. The college has to fulfill all the norms of the university and has to abide all its rules and regulations. Moreover the fees structure is also less. At the same time, a PGDM from institutes like ISB, IPE, XLRI or such top institutes has a brand value and are readily accepted by the industry. But its not worth pursuing PGDM from other B Schools. PGDM’s are acceptable only in the corporate world but one cannot apply for government jobs. The fee structure of PGDM’s is also very high.

Still The big question is :Which is the best MBA or PGDM?

Well, the scholars says, the course value depends on the quality rendered by the institute whether it is MBA or PGDM. If the institute is inculcating quality and professionalism amongst the students, then the course is worth , irrespective it is MBA or PGDM

Companies are concerned about talent. It does not bother them whether it's an MBA or PGDM, But of course , if an individual wish to go abroad for work MBA will not have recognition problems while PGDM students might have to take equivalence certificate.

Hence , while choosing the institution, aspirants should look for the brand of the business school. A Brand can take them to high place in their career.
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