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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