img

Blog

PGDBM Course: Full Form, Admission, Colleges, Scope 2024

img

Elina

01 July, 2024

PGDBM Course: Full Form, Admission, Colleges, Scope 2024

Getting that one degree which will lead you to better career opportunities, higher salaries and the push to managerial positions is a challenging task. Especially when you have so many options, it is hard to find the best course. Many of you get stuck in the PGDBM course. Will it be worth the investment? Should I go for it? If you are planning to pursue a PGDBM course from a top-ranking institute, but are in dilemma, read this blog before you start your research. In this, we have explained every aspect of the PGDBM programme and why it is beneficial for you.

What is PGDBM Full Form?

PGDBM stands for Post Graduate Diploma in Business Management. It is a two-year professional diploma programme which covers the core business areas such as organisational behaviour, marketing management, business economics, international business and other related topics. The course curriculum is similar to the MBA or PGDM. In fact, a few years back an article stated that PGDM and PGDBM are the same. It prepares you for the functional business management areas and enhances a candidate’s employability. Apart from the MBA, it is the most popular professional course offered by many top institutes in the country.

The course focuses on grooming students with the right attitude for leadership, team management and handling crises. The inclination of the course will be different in every college as per the electives you choose during the programme.

Also Read: PGDM Course Explained

PGDBM Course Highlights

Course Name  Post Graduate Diploma in Business Management 
PGDBM Course Duration  14 to 24 months 
PGDBM Eligibility  Bachelor’s degree
PGDBM Admission Process Entrance exam score, PI & GD (may differ in different colleges)
PGDBM Course Fee INR 1.6 to 24.72 Lakh
PGDBM Average Salary  INR 7 to 10 LPA

PGDBM Eligibility

To apply to the PGDBM programme, you must fulfil the following criteria:

  • A bachelor’s degree in any discipline from a recognised university with 50% minimum marks.

  • If you are a reserved category candidate, you get a 5% relaxation in the minimum marks criteria.

  • There is no upper age limit for this programme

  • Valid entrance exam scores

  • Some institutions may require a few years of work experience for the PGDBM programme

Please note that the eligibility criteria will be different for every college, these are the general parameters for admission.

PGDBM Admission Process

Typically, the admission for PGDBM course is based on the result of entrance exams such as MAT/CAT/CMAT/GMAT/XAT, etc. The entrance exam is followed by a group discussion and a personal interview round. Some institutions do direct admissions on a merit basis or via management quota. Summing up the admission process of the PGDBM course, here are the steps you must follow:

  • Step 1: Register online

  • Step 2: Upload the scanned copies of your documents

  • Step 3: Appear in the entrance exam

  • Step 4: The result and cutoff list will be released

  • Step 5: Get shortlisted for further screening

  • Step 6: Appear in the group discussion and personal interview round

  • Step 7: Allotment of seat

Syllabus of PGDBM Course

Some of the core subjects covered in the PGDBM curriculum are tabulated below. Please note that the syllabus and choice of electives will be different in every college, so this is a general outline of the same.

Semester 1 Semester 2
Management Theory and Practice  HR Management 
People and Performance Operational Management 
Business Communication  Business Policy and Strategy 
Corporate Finance Legal Aspects of Business
Marketing Management International Business

 

Semester 3 Semester 4
Cost and Management Accounting  Design Thinking 
Consumer Behaviour  Entrepreneurship and Venture Capital Management 
Digital Marketing  Sales Management 
Macroeconomics and Business Environment Elective Course I
Elective Course I Elective Course II
Elective Course II Internship/Project Work 

Is the PGDBM Course Worth It?

Confused about how this diploma programme will benefit you or is it worth spending your time and money on? Here are your reasons:

  • Skill Development and Enhancement: As the PGDBM curriculum is more industry-oriented, it focuses more on practical aspects and niche topics. This helps in honing and diversifying your skills which is crucial for success in any industry.

  • Ample Networking Opportunities: Networking is a huge aspect of the PGDBM course. Workshops with industry experts and interactive sessions with professionals across the globe are important to the coursework. This gives you a chance to connect with professionals and build your contacts. Moreover, institutions specifically organise networking events for the learners.

  • Wider Job Opportunities: A PGDBM course is favoured by employers as it reflects the proficiency of the candidate. Recruiters prefer candidates with high expertise and ability to manage different teams. So, a PGDBM candidate is trained for such roles.

  • Salary Hike: Salary increments take time and are not always enough. After completing the PGDBM course, you get a significant increase in your salary. You become a desirable candidate for senior/managerial posts which automatically pays you a hefty amount.

  • Gain Global Perspective: The PGDBM programmes are designed keeping in mind the global market by exposing students to international business practices and case studies.

Top Colleges Offering PGDBM Course

Before heading towards the list, please note that some institutions offer PGDM courses which are equivalent to PGDBM. Here are some top institutions offering PGDBM programmes in India:

Institution Name  Fee Structure  Ranking & Accreditations
SP Jain Institute of Management and Research  INR 24.00 Lakh (full course) AACSB 
AMBA 
NBA
XLRI Jamshedpur  INR 23.15 Lakh (15 month) 9th NIRF Rank 2023 (Management Category)
Great Lakes Institute of Management  INR 14.77 Lakh (full course) 31st NIRF Rank 2023 (Management Category)
Indian School of Business  INR 24.72 Lakh (full course) AACSB 
EQUIS 
AMBA 
Institute of Management Technology, Ghaziabad  INR 21.53 Lakh (full course)  AIU 
AICTE 
NBA 
AACSB
38th NIRF Rank 2023 (Management Category)

 

*Please note that the fee structure of these colleges is subject to change at the discretion of the institution’s governing body.

The above-tabulated institutions provide PGDM/PGDBM in online/distance mode as well for students unable to attend regular full-time classes. The eligibility criteria for such students differ slightly from that of the regular programme wherein entrance exam scores are not required. We have furnished below a table that shows the institutions’ online programmes and their corresponding fee structures:

Institution Name  Fee Structure  Ranking & Accreditations
SP Jain Institute of Management and Research  INR 10.00 Lakh (full course) AACSB 
AMBA 
NBA
AICTE approved
XLRI Jamshedpur  INR 13.9 Lakh (full course) 9th NIRF Rank 2023 (Management Category)
AICTE approved
Great Lakes Institute of Management  INR 3.70 Lakh (full course) 31st NIRF Rank 2023 (Management Category)
AICTE approved
Institute of Management Technology, Ghaziabad  INR 1.60 Lakh AIU 
AICTE approved
NBA 
AACSB
38th NIRF Rank 2023 (Management Category)

Difference Between PGDBM and MBA

Wondering how PGDBM is different from the MBA programme? Let’s find out

Category  PGDBM  MBA
Duration  14 to 24 months  2 years
Curriculum  Industry-oriented and practical-based which covers very specific topics Theory-based which covers core business areas as well as 
Course Type  PG Diploma  PG Degree
Fee Structure   It is a huge investment as institutes incur the entire cost themselves  It is an affordable option compared to PGDBM 
Recognition  Institute should have AICTE recognition  College/university must be UGC-recognised 

Also Read: Complete Guide to MBA Programmes

Career Opportunities After PGDBM Course

There are several career opportunities for you to pursue after the PGDBM course. According to the electives/specialisations you choose, your career prospects will unfold. Some of the common job profiles chosen by the PGDBM graduates are:

Job Role  Average Salary 
Business Development Manager INR 7.4 LPA
Marketing Manager INR 12.4 LPA
Portfolio Advisory Manager  INR 8.2 LPA
Product Manager  INR 21.3 LPA
Corporate Finance Manager INR 19.7 LPA 
Operations Manager INR 10.8 LPA
Training & Development Manager INR 7.8 LPA
Relationship Manager  INR 17.3 LPA

Source: Ambition Box 

*Please note that the average salaries listed above are as per the current market rates which are subject to change.

Winding Up

The choice of a course depends on your individual needs and expectations from the programme. It may be an ideal choice for someone, however, it may not be suitable for you. Pursuing the PGDBM course undoubtedly has ample benefits, but you must ensure that these are the things you are aiming for. Therefore, it is suggested to consider every factor before reaching any conclusion.

FAQs

Q1. Who is Eligible for PGDBM?

The primary eligibility for PGDBM is the undergraduate degree of a minimum of 3 years in any stream from a recognised university. Apart from this, there is a minimum mark criterion of 50% (may vary as per the university).

Q2. Which is better MBA or PGDBM?

Both serve different purposes, MBA is more theoretical whereas, PGDBM is industry-oriented. However, both hold the same value.

Q3. Who earns more – an MBA or PGDBM?

The salary depends more on your skillset and experience. Compared to an MBA and a PGDBM, an MBA graduate is likely to earn more.

Q4. What roles can I apply for after completing my PGDBM?

After completing PGDBM you can work in diverse roles such as marketing manager, business development manager, product manager, etc. depending upon your area of interest.

Q5. Which top college in India provides a PGDBM programme?

XLRI, ISB, SPJIMR and IMT are some of the top collges offering PGDBM programme in India.


Get Free Career Guidance

enquiry




chatBoat
logo
The intend of Learning Routes is to provide unbiased precise information & comparative guidance on Universities and its Programs of Study to the Admission Aspirants. The contents of the Learning Routes Site, such as Texts, Graphics, Images, Blogs, Videos University Logos, and other materials (collectively, 'Content') are for information purpose only. The content is not intended to be a substitute for in any form on offerings of its nAcademia Partner. Infringing on intellectual property or associated rights is not intended or deliberately acted upon. The information provided by Learning Routes on www.learningroutes.in is for general information purposes only. All information on the site is provided in good faith with accuracy and to the best of our knowledge, however, we make nor representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, completeness of any information on the Site. Learning Routes & its fraternity will not be liable for any errors or omissions and damages or losses resultant if any from the usage of fits information.
Contact Us:
Get Free Counselling
+91-9228122474