If we sit to analyze, we will find that there are several advantages of pursuing a PGDM or Post Graduate Diploma in Management as compared to other postgraduate programs like MBA and PGPM. It is not only a lucrative option but it also aligns well with the latest industry trends. Discussed below are some advantages that a PGDM holds over other postgraduate programs in Business Management & Administration:
- Management qualification is an important success tool
Broadly, a PGDM or an MBA equips students with skills and knowledge that are considered essential to manage any organization or a part of any organization. As far as PGDM is concerned, the entire focus here is to provide an industry-oriented course curriculum so that students are ready to work and perform in a high-pressure work environment right after completion of the course.
- You get a chance at better Career opportunities
A PGDM graduate can be a highly valued asset to an organization. In business schools like Asian Business School (ABS), Noida, PGDM students get to learn numerous business management principles, techniques, and skills that can help businesses grow. A few companies even go to the extent of sponsoring current employees to pursue a PGDM qualification. It is evident that holding such a post-graduation in your arsenal makes you a valuable asset to any organization that you wish to work for.
- Highly practical and Industry-oriented Program
A majority of PGDM programs are routinely updated every year or so to match the current industry requirements. This main reason is that PGDM institutes in India are generally autonomous bodies and they do not have to wait for the universities to change the curriculum, as is the case with MBA programs.
- Vast Networking Opportunities
A Management course attracts students from all walks of life and all kinds of backgrounds, who have worked in a wide variety of fields. One strong advantage of pursuing a PGDM course is the big networking opportunities that it provides in those two years.
- Personality Development
A management course not only introduces students to the intricacies of principles of management but also helps them improve their communication and interpersonal skills. Through classroom lectures, role plays, guest lectures, industry visits, summer internships, and personality development programs, students learn better decision-making skills, students get better at analytical thinking and shape their own personality.
- Improved Placement Opportunities
Studies suggest that with a Management qualification in hand, you can demand a higher salary and a better position. These days, employers realize the value of such a qualification and are willing to pay significantly more to candidates having a Management qualification.
Thus today, it is a fact that a PGDM not only provides you with the opportunity to work for leading organizations but also makes you capable enough to demand a better pay package and position.
Conclusion
Here, it may be said that PGDM is a widely recognized program with high employability rates if pursued from a good business school. Selecting the right business school for this program is very important in order to upgrade your career opportunities. A large number of leading organizations recruit skilled managers every year. Fresh graduates can apply for such high-paying jobs after pursuing this course.
We wish you all the best for your education and career!