As most of us know, the biggest difference between PGDM and MBA is that while the former is considered as a post graduate diploma programme in management, the latter comes as a degree programme of management studies that is somehow valued more than a diploma. While the two courses look different, actually both the courses offer a similar academic experience since they both are 2-year management courses and share a lot of the same specializations. Nevertheless, in a real-world context, PGDM is like a newer, more relevant version of an MBA because of which it enjoys a lot of benefits for the students. The only hitch about PGDM is its diploma status and that too is offset if one pursues this course from an institute like Asian Business School (ABS), Noida whose PGDM programme have accreditation from AIU (The Association of Indian Universities). This makes its PGDM equivalent to MBA with all benefits intact … and perhaps more!
Talking about AIU, it is primarily an apex organization and association of major universities in India that evaluates the courses, syllabi, standards, and credits of programs like PGDM and the programs of foreign universities being undertaken abroad and relates them in respect to various courses being offered by Indian universities. The core function of AIU is to accord recognition to the degrees/diplomas being awarded by the universities in India, which are duly recognized by the University Grants Commission (UGC), New Delhi, and abroad for the purpose of admission to higher degree courses in the various Indian universities.
Some of the specific benefits of PGDM equivalent to MBA can be briefly enumerated as below:
- Students can pursue higher studies abroad and do their PhD after doing PGDM from institutes whose PGDM programme has AIU certification as it is equivalent to a Master’s Degree (MBA).
- PGDM students interested in making their career in academics are eligible to appear for UGC – NET with this equivalence from AIU.
- PGDM students can apply for Government Jobs where Master’s Degree or equivalent is the eligibility requirement.
Here, it may be mentioned that these above cited benefits of PGDM equivalent to MBA are in addition to the stand-out benefits of PGDM over MBA like affiliation with AICTE that gives the institutions the freedom to design their own curriculum in contrast to MBA courses that follow the University course structure; bigger learning opportunities due to PGDM syllabus being regularly updated with the latest industrial trends; PGDM courses are more inclined towards the technical application of the concepts and focus is put more on enhancing the students’ management and organizational skills, and not just the know-about; with the practical course designs and the skill enhancements that PGDM offers, it is logical that a PGDM student will acquire better career opportunities than MBA; and many more.
In case you looking to pursue a PGDM course in Delhi NCR, you may explore Asian Business School (ABS), Noida which is not only ranked as one of the top PGDM colleges in Delhi NCR, but its highly rated flagship PGDM programme is also AIU accredited – thus making its PGDM equivalent to MBA!