Top Bangalore MBA/PGDM Colleges Management Quota Admission
More often than not, these days we come across the term M.B.A and P.G.D.M that together are misunderstood. In this article, we aim to clear the confusion about the difference between M.B.A & P.G.D.M – two of the major management courses offered in India.
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Bengaluru or Bangalore
Cosmopolitan Bengaluru (formerly Bangalore) is one of India’s most progressive and developed cities, blessed with a benevolent climate, a modern metro system, and a burgeoning drinking, dining, and shopping scene.
Its creature comforts are a godsend to the weary traveler who has done the hard yards, and it’s a great city for mixing with locals in craft-beer joints or quirky independent cafes.
Though there are no world-class sights, you’ll find lovely parks and striking Victorian-era architecture. The past decade or so has seen a mad surge of development, coupled with traffic congestion and rising pollution levels.
But the central district (dating back to the British Raj years) remains little changed, and the landmark corporate headquarters and business parks of the city’s booming IT industry are mostly in the outer suburbs.
Refer This: Top Delhi-NCR MBA/PGDM Colleges Direct Admission
M.B.A vs. P.G.D.M.
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M.B.A, short for Master of Business Administration, is a Post Graduate Degree in Manage ment. P.G.D.M stands for Post Graduate Diploma in Manage ment. One often wonders why some institutes and universities offer M.B.A while others offer P.G.D.M.
The answer is simple
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M.B.A is a Master’s degree and only recognized universities or institutes affiliated with such universities are allowed to offer the degree in Business Administration.
Such universities follow one single curriculum designed for the course and offer other major degrees like Bachelor’s and Doctorate.
P.G.D.M is a course offered by institutes which are not affiliated with recognised universities or are not authorised to offer degrees.
And therefore they offer Diploma courses which in a broader view come at the same level as M.B.A. We then come to the inference that maybe we should always go for an M.B.A because it will have more value.
This conclusion arises because of the taboo around the word “Diploma” which in Indian context is not considered equivalent to a degree.
But one surprising fact missed out by almost everyone is that there are major renowned institutes that are autonomous, not affiliated to any college and provide P.G.D.M or PGP. (Get Top Bangalore MBA/PGDM Colleges Management Quota Admission 2020 Year)
These include top notch institutes like the IIMs and XLRI. These institutions never offer M.B.A instead they offer Diplomas in Manage ment but they are the most sought after institutes in India for Manage ment courses. These autonomous institutes have advantages of their own.
Because they are not affiliated with any university they are not bound to follow any particular curriculum and therefore they remain updated with the current scenario of industries and Manage ment thus increasing the quality level of their education.
Not that the universities are outdated but their curriculum is updated once every 3-5 years and with the ever growing industries, keeping abreast with month to month changes in surrounding has become essential to keep up.
Which is why autonomous institutes having a good brand name are preferred even if they offer P.G.D.M over other M.B.A offering institutes. (Get Top Bangalore MBA/PGDM Colleges Management Quota Admission 2020 Year)
Read More: Top Mumbai MBA/PGDM Colleges Direct Admission
So the question arises, which is better in the longer run, M.B.A or P.G.D.M?
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There are two answers to this question.
India and Global Job context:
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In terms of job prospects, there is absolutely no difference between M.B.A and P.G.D.M if one comes from a reputed B School. In India, 9 out of 10 best B institutes offer P.G.D.M. Placements are depends on the brand name of the college, alumni network and what is the impression of your institute in the industry. That is why we see top Manage ment institutes offer P.G.D.M very limited institutes offer M.B.A. The performance and appraisals are not based on a person’s credentials but solely is based on performance.
Educational Context:
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In case one wishes to continue with their higher studies by going for a PhD or double M.B.A, preference is always given to a candidate with an M.B.A degree. Even though difference between both is very less, M.B.A degree is given an edge for the simple reason that it is a Master’s Degree and not a Master’s Diploma.
Therefore if someone is not looking for further studies in the field then there is absolutely no difference between an M.B.A and a P.G.D.M. What should be kept in mind though is that P.G.D.M should be pursued from an institute having a standard and name in the industry.
Examples:
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There are some brands of educational institutes that offer both M.B.A & P.G.D.M programs to cater to both kind of crowds – those who are happy with tag P.G.D.M & those who insist on getting an M.B.A degree itself.
Read More: Top Mumbai MBA/PGDM Colleges Direct Admission
Benefits of Doing P.G.D.M Course
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Usually, autonomous institutes maintain the latest syllabus, as per the market demand, but in universities, it is not possible to change the syllabus every year. It will take 3 or 5, sometimes it will take 7 years. Because many institutes will be affiliated with the university, syllabus books and textbooks need to change and faculty needs to upgrade themselves. Based on this reason it will take time to change the syllabus. But in autonomous institutes, they will change continually, according to the current market trend. So that students will get the latest knowledge.