Difference between MBA and PGDM

With Management courses and Institutes exploding in the sector of higher education in India, aspiring students for these courses ought to understand the difference between MBA and PGDM before moving ahead. The degree of MBA is offered by 'Universities' or 'Colleges that are affiliated to Universities'. There are many Colleges and Institutions that are affiliated to a university and can offer an MBA degree while PGDM is offered by All India Council for Technical Education (AICTE) approved Institutions. However, accreditation by Association of Indian Universities (AIU) gives an institute's PGDM equivalence to MBA. Also it has to be noted that some colleges offers a one-year PGDM course which is not equivalent to MBA. The main reason why postgraduate courses are named as PGDM is because when an Institute is an autonomous body (meaning it is not affiliated to any University) and conducts management courses then such Institutes cannot offer MBA degree. Even IIMs, XLRI's doesn't offer MBA degrees they only give PGP Diploma or PGDM since they are autonomous and independent bodies. On similar lines AICTE (All India Council for Technical Education) is allowing approved colleges to run a PGDM course. Some Business Schools offering this AICTE PGDM course need not be autonomous, the PGDM course will be autonomous given by the Institute & directly approved by AICTE, Ministry of HRD, Govt of India. Just like how UGC – University Grants Commission controls the Universities in India, AICTE – All India Council for Technical Education has control on both technical and management courses and especially colleges not under Universities. Even colleges offering UGC recognized MBA programmes in most cases should have AICTE approval.

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Relevance of PGDM for professionals in India

PGDM in India is the most renowned and pursued advance course. This course is pursued after any graduate or masters degree. Almost every graduate today envisage for PGDM. PGDM in India is a stimulating and remunerative career. India has a plethora of best B-Schools to fulfill the dreams of these PGDM aspirants and some are internationally best. Although in recent past management institutes have lost their credibility and last year about 52 AICTE approved PGDM colleges got closed, but only few have maintained their standards of management education. They offer specific courses or specialized courses which help students in attaining excellence in their specialized field and able to grab both national and international placements. Moreover, the students also get skilled through summer internships and start their own ventures. They can look up for starting their own startups, small ventures, online service portals instead of getting placed. Those who already have their family businesses can get equipped with easily after getting academically strong and professionally skilled through PGDMcourses. They can expand their business horizons to international portals with their knowledge and expertise. Thus, PGDM is relevant for professionals in India.

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                       Email Id:-admissions@asiapacific.edu

                       Mob No:-7042893436,7042893445
                                          

                       Website:- www.asiapacific.edu