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Post Graduate Diploma in Management (PGDM)

Degree vs Diploma

At the end of PGP and PGDM course, candidates are offered a Diploma. However, at the end of an MBA programmes, candidates receive a degree.

Many students tend to think that a diploma course does not hold the same value as that of a degree. But that is not true. All the Indian Institutes of Management (IIMs) and other top B-Schools such as XLRI Jamshedpur and SP Jain Mumbai offer PGP or PGDM courses. Most of these institutes are autonomous bodies (not affiliated to any University) and conducts their own management course.

The government last year passed the IIM Act which allows the IIMs to offer degrees instead of diplomas.

 

Parameters PGDM MBA
Approving Authority AICTE, Ministry of HRD, Govt. of India. AICTE, Ministry of HRD, Govt. of India, UGC Approval is needed at the university level.
Validity Valid  and equivalent to Post Graduate Degree. Valid Post Graduate Degree.
Eligibility for PhD. and Lecturer ship PGDM with a minimum of 55% Marks are eligible to enrol for PhD. From Indian Universities. Also PGDMs  eligible to teach PG students. MBA with a minimum of 55% Marks are eligible to enrol for PhD. From Indian Universities. Also MBAs  eligible to teach PG students.
Placements Completely depends upon the institution. Most of the PGDM institutions have better placement records than MBA institutions. Completely depends upon the institution. Comparatively, Some of the MBA institutions like FMS, JBIMS have better placement records.
Course Syllabus Dynamic, Gets updated as per needs of industry. 
Syllabus is approved by AICTE.
Syllabus is prepared by universities and gets updated less frequently.
Innovative Practices Teaching and training is multi dimensional. Cases, simulations, presentations, short term trainings are part of pedagogy. Limited scope for innovation as practices are defined by syllabus prepared by central body i.e. University.
Ranking in general (by business magazines and student centric websites) 90% of top 100 are PGDM institutions. All thanks to better teaching, training, exposure and placements. IIMs, XLRI, MDI, IMT, GIM, and many more. Approximately 10 out of top 100 are MBA institutions. Likes of FMS, NMIMS, KJSIMS, SCMHRD etc.
Equivalence Equivalent to MBA from any Indian University.  For PhD, Teaching (UGC NET) and all other purposes MBA a post graduate degree
Entrance Process Thorough   CAT /  MAT / XAT / C-MAT / ATMA  and some state level examinations like  TSICET ,  MHCET  etc. Thorough State level Entrance Examinations like TSICET, MHCET etc.
Examinations PGDM institutions are authorised by approving body,  AICTE, to conduct the  Examinations  Examinations are conducted by University
Popular Management Entrance Exams Check all important details around Management Entrance Exams

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