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Is SP Jain’s PGDM Equivalent To An MBA?

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Jagpreet

25 June, 2024

Is SP Jain’s PGDM Equivalent To An MBA?

Are you deciding if PGDM is worth it? Or are you actively looking for courses equivalent to an MBA? We are here to tell you about the top PGDM course equivalent to an MBA. The SP Jain PGDM course is the new legend of the business and marketing programme. With a rank of 8 by NIRF, SP Jain has bought the biggest chatter in the student courses because of the flexible, personalised and global PGDM course, which would cost less than the MBA fees you’re paying. Moreover, the SP Jain PGDM is equivalent to an MBA because of the extensive coursework, projects, and placement support by the SP Jain MBA equivalent course.

In this blog, we are going to touch upon the crucial talk of the educational platform:

Is the SP Jain PGDM worth it? What are the fees, and is SP Jain PGDM better than SP Jain MBA?

Hop on your seats and tuck in your knowledge seatbelts, as this blog will take you on an academic wonder ride.

Beyond The Books: The SP Jain PGDM

The SP Jain PGDM course is a two-year full-time programme. The university is at the top of its game due to many reasons. Regarding recognition and approval, SP Jain PGDM is not behind any good MBA programme. The SP Jain PGDM is approved by AICTE and accredited by NBA and AMBA, UK. With a top rank of #1 in India and #40 globally by Financial Times Masters in Management (FT MiM), it is recognised for its excellence in providing the quality education you need for today’s job market. The university also provides part-time, modular, and online PGDM courses while keeping working professionals in mind. These courses are best suited for you if you are working full-time and want to double your skills and income.

Equivalence to MBA:

Here is why SP Jain’s PGDM is equivalent to an MBA:

  • Bridging Nomenclature Differences: SP Jain’s PGDM equals MBA.

  • Global Perspective: Gain global insight.

  • Industry Relevance: Relevant industry education.

  • Executive-Level Education: Advancement opportunities available.

  • Practical Learning: Focus on practical skills.

What Is SPJIMR’s Tuition Fee?

SP Jain PGDM costs are affordable compared to many top-tier MBA programmes.

Here is a closer look at PGDM fees, which are equivalent to the best MBA courses:

  • Tuition Fees: The tuition fees range from INR 17-20 lakhs for the programme.

  • Additional Fees: You would have to pay the one-time registration fee + Examination Fee.

  • Living Expenses: On-campus or off-campus housing + Daily living costs, including meals.

Career Prospects and Salary Outcomes

The true value of the SP PGDM lies in the career opportunities, which make it equivalent to an MBA programme.

Here’s how SP Jain’s PGDM measures up in terms of ROI.

Career Advancement:

  • Global Exposure: SP Jain’s strong global network and partnerships

  • Network Ninja Skills: Access to a diverse and influential alumni network

Salary Increase:

  • Pre-PGDM vs Post-PGDM Salaries: Your salary package will increase after PGDM.

Intangible Benefits:

  • Skill Enhancement: You would develop critical thinking, leadership, and strategic decision-making skills.

  • Brand Value: A PGDM from SP Jain enhances professional credibility and career prospects.

Top 10 Factor Comparison Between: SP Jain PGDM vs. MBA

Is SP Jain’s PGDM equivalent to an MBA? Here’s a comparative analysis:

  • Academic Excellence & Accreditation: SP Jain’s PGDM programme is accredited by AICTE, NBA, and AMBA, ensuring that its curriculum meets the highest standards of business education.

  • Global Prestige: The Financial Times ranked SP Jain’s PGDM programme #1 in India and #40 worldwide. The programme is acknowledged for its quality and reputation. It is an all-rounder and globally recognised for various reasons.

  • Professional Advancement: SP Jain’s PGDM significantly boosts career opportunities like an MBA due to the programme’s strong industry connections and effective career services.

  • Customisation and Specialisation: The PGDM at SP Jain offers flexibility with various specialisations, such as Business Management, Executive Management, and Global Management. This flexibility is equivalent to an MBA, even better.

  • Industry Engagement and Practical Exposure: SP Jain facilitates extensive industry engagement in Mumbai, India’s financial hub. The PGDM programme includes regular interactions with business leaders, internships, and live projects, offering practical experience and industry insights. This hands-on approach is comparable to the practical exposure leading MBA programmes provide.

  • Extensive Alumni Network: SP Jain boasts a vast alumni network of over 15,000 professionals globally. This network offers significant networking opportunities, career support, and mentorship equivalent to an MBA.

  • Innovative Teaching Methods: The SP Jain’s PGDM programme is the latest in the town, and it uses cutting-edge techniques such as case studies, simulations, and experiential learning. Like an MBA curriculum, you would develop critical thinking and problem-solving skills for effective management and leadership.

  • Emphasis on Social Responsibility: The curriculum includes ethics, sustainability, and social impact modules, preparing students to lead ethically in a global business environment.

  • Comprehensive Career Support: FT MiM shows SP Jain’s career services are ranked #2 in India and #8 globally. There is constant support for Resumes, CVs, etc.

  • High Return on Investment: You will notice a drastic change after completing the PGDM equivalent SP MBA. The rigorous training and global exposure will prepare you for high-paying roles in top companies, offering outcomes akin to an MBA.

SP Jain PGDM: Analysing the Tuition, Fees, and Other Expenses

  • Full-Time MBA Fees: SP Jain’s full-time MBA fees range from INR 24,00,000 to INR 33,32,000. The program offers a comprehensive learning experience and global exposure.
  • Part-Time and Modular Programme Fees: SP Jain’s part-time and modular programme fees range from INR 9,50,000 to INR 17,05,000 + 18% GST.
  • Online PGDM Fees: Reflecting the convenience of remote learning, SP Jain’s online PGDM fees range from INR 10,00,000 to INR 10,00,000.

What Are The Scholarships Offered At SP Jain?

The SP Jain PGDM has several Scholarship options for you. A PGDM at SP Jain is worth it if you are looking for a budget-friendly MBA. There are many ways to pay tuition fees while studying. Here are other benefits:

  • Empowering Women in Business: You can apply for scholarships at SP Jain based on need and merit.
  • Recognising Excellence: At SP Jain, merit awards reward outstanding academic performance. These awards would motivate you to excel in your studies, fostering a culture of continuous growth and achievement.

Here Is SP Jain’s PGDM Fee Analysis:

Here is a closer look at SP Jain PGDM fee structure, full-time, Part-time and Online/modular.

Full-Time Programs:

Course Name Fees
Post Graduate Programme in Family Managed Business INR 17,05,000 + 18% GST
Post Graduate Diploma in Management (PGDM) INR 24,00,000
Post Graduate Diploma in Management – Online (PGDM) INR 10,00,000

Part-Time Programs:

Course Name Fees
Post Graduate Executive Management Programme (PGEMP) INR 9,50,000 + taxes
Post Graduate Programme in General Management (PGPGM) INR 9,50,000
Post Graduate Programme in Development Management INR 3,00,000 (sponsored by corporates/international NGOs/high-income candidates), INR 1,50,000 (NGOs/self-sponsored)

Modular/Online Programs:

Course Name Fees
Post Graduate Programme in Family Managed Business INR 17,05,000 + 18% GST
Post Graduate Diploma in Management – Online (PGDM) INR 10,00,000
Post Graduate Programme in Marketing & Business Management (PGP-MBM) INR 4,69,500 + taxes

Note: Fees are subject to revision and may vary.

Eligibility At SP Jain PGDM

  • You must possess a Bachelor’s degree (or equivalent) from a recognised university or institution.

  • You must have completed 3 years of an equivalent undergraduate degree.

  • It would be a plus point to have prior work experience

  • You must pass entrance exams such as CAT, XAT, GMAT, or equivalent.

  • Additionally, SPJIMR admits international students, including PIOs, OCIs, children of Indian workers in Gulf countries, and foreign nationals, with specific allocation as per AICTE regulations.

Placement Support At SP Jain PGDM

At SP Jain Institute of Management & Research (SPJIMR), we are dedicated to providing comprehensive placement support for you, ensuring you are well-equipped for successful careers in the business world. The placement process and career services are designed to empower students and connect them with top recruiters globally. Here’s how SPJIMR’s placement support stands out:

  • Proven Track Record: #8 ranking in the Financial Times Masters in Management 2023 Rankings.

  • Extensive Recruiter Network: With each new cohort, recruiters can access a larger and more diverse talent pool, enhancing their opportunities.

  • Two-Stage Placement Process: The two hiring cycles are the internship placement process and the final placement process. This ensures that you have ample opportunities to secure internships and full-time job offers.

  • Pre-Placement Offers (PPOs): You would receive offers for internships and full-time positions through PPOs.

  • Personalised Career Services: SPJIMR offers various career services to support students in their job search, including CV assistance, mentorship programs, mock interviews, group discussions, industry role clarity sessions, and more.

  • Strong Alumni Network: The alumni network of over 4000 professionals provides valuable connections and mentorship opportunities.

Is It Worth the Investment?

✅ Global Recognition: Ranked #1 in India and #40 globally by FT MiM 2023.

✅ Career Services Excellence: Ranked #2 in India and #8 globally by FT MiM.

✅ High ROI: Graduates report substantial salary increases, often 50-100%,.

✅ Global Exposure: Global Fast Track offers.

✅ Extensive Alumni Network: Over 15,000 alumni worldwide offer.

✅ Flexible Learning Options: Various specialisations and courses.

✅ Innovative Pedagogy: Focus on real-world applications and critical thinking skills.

✅ Accreditations and Approvals: Approved by AICTE and accredited by NBA and AMBA, UK.

Logging Out

The SP Jain PGDM is worth the time and fees for a programme that guarantees your placement, higher salary and skill enhancement for a lifetime career. The SP Jain PGDM is equivalent to an MBA and includes coursework, duration, and exposure to international and national job markets. The fees of SP Jain range from 10 Lakhs to 33 Lakhs (INR) depending on the mode of delivery, whether full-time, part-time, or online/modular.

The SP Jain PGDM placement goes through 2 stages where you would get exposure to the MBA equivalent. If you want to knock on the right door of leadership roles and the business world, then SP Jain has all the right opportunities. With multiple scholarship programmes, you are at the right place. Take your first step today, and look forward to the doors of a better tomorrow.

FAQ’s

Q1. Does SP Jain provide an MBA or PGDM?

The SP Jain provides PGDM equivalent to the MBA programme because of its duration and extensive coursework.

Q2. Is it worth doing an MBA from SP Jain?

Yes, SP Jain Global offers the top executive MBA programmes worldwide.

Q3. What is the difference between PGDM and PGDM BM in SPJIMR?

While PGDM (BM) gives candidates more flexibility to take in-depth General Management courses and allows them to select electives that interest them, GDM focuses on specialisation. PGDM(BM) participants will go for their autumn internships like PGDM participants.


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