The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management. The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.
Most MBA programs include a “core” curriculum of subjects, such as accounting, economics, marketing, and operations, as well as elective courses that allow participants to follow their own personal or professional interests. Some schools require that MBA candidates complete an internship at a company or organization, which can lead to concrete job opportunities after the program.
Today, most of the students are getting confused to go for a PG. Still, they are in the dilemma that whether MBA or PGDM is better to grow in a career. There is a difference between an MBA and PGDM. But, there are lots of benefits with PGDM.
PGDM expands to Post Graduate Diploma in Management, the confusion starts when you see the term Diploma. Many students are of the view that it is a Diploma course and not a Degree; you are right to an extent that it is a Diploma. 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, and Govt of India.
RAMAIAH INSTITUTE OF MANAGEMENT STUDIES(RIMS), BANGALORE
RAJIV GANDHI BUSINESS SCHOOL, PUNE
AMITY UNIVERSITY, JAIPUR
CHITKARA UNIVERSITY, PUNJAB/HIMACHAL PRADESH
BENNETT UNIVERSITY-TIMES OF INDIA, NOIDA
GLOBAL BANKING SCHOOL, NOIDA
SOMANY(P.G) INSTITUTE OF TECHNOLOGY, HARYANA
G.N.BAJAJ INSTITUTE OF MANAGEMENT & RESEARCH, NOIDA
GEORGE GROUP OF COLLEGES-TELEGRAPH GROUP, KOLKATA
ITM GROUP OF INSTUTUTIONS
SAIBALAJI EDUCATION SOCIETY, Pune
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