Every prospective student considers this comparison while enrolling in a management course: PGDM vs. MBA. So, what is the difference between PGDM and MBA? Which one is better? Read this article to know the difference between MBA and PGDM and which is better.
What is the Difference Between PGDM and a Normal MBA?
It is a very crucial question that every Management candidate asks before selecting a course. PGDM and MBA both are Master’s level management courses, and the course curriculum is the same. But there is a huge difference between the two. PGDM is a diploma course, while MBA is a degree course. There are no big differences between the courses regarding employment. However, a degree is always considered better than a diploma. Since a degree obtained from an institution must be UGC approved. Additionally, without proper recognition or accreditation, private universities are unable to provide degrees.
MBA and PGDM are both business-focused courses. They aim to teach modern business techniques. Both help improve skills in business administration and management. These courses are designed to prepare students for the current market. They focus on real-world business practices. The goal is to build strong leaders and managers. Still, both courses are not the same. There are clear differences. One must look into them closely. Study the pros and cons of each. Check what fits your goals. Think about career growth and learning style. Make a smart choice. Don’t rush the decision. Take time to compare. It will help in the long run.
5 Key Differences Between PGP(M)/PGDM and MBA
Both courses have the same structure. They are almost the same from a job point of view. Only small differences like recognition, fees, and a few others. All aspirants should know the difference between an MBA and a PGDM or PGP(M). It helps in making a better choice. The right course. The right college. Given below are five key differences between PGP(M)/PGDM and MBA. Make sure to check them before you decide.
Degree vs Diploma
The major difference between PGDM and MBA, a PGP and PGDM programme it is awarded as a Diploma. And an MBA is the culmination of an MBA program, the candidate is awarded a Degree. MBA and PGDM are greatly regarded in the industry since they are identical with regards to course accreditation, curriculum, and pedagogy.
Syllabus
In all cases, the MBA course syllabus is made by the university. Two MBA colleges under the same university will have almost the same syllabus. Even the elective subjects may be the same. The PGDM syllabus is also similar to the MBA syllabus. Both follow the same pattern. On the other hand, PGPM and PGDM are managed by the institutes. So, they get some freedom. They can design their own syllabus. This makes them a bit more flexible. But overall, the content stays similar. The core topics do not change much.
Susceptible to Fraudulence
PGP or PGDM courses are given by private or autonomous institutes. So, students need to be careful. Many small colleges and institutes make false promises. But they don’t have proper approval or accreditation. This can mislead students. On the other hand, MBA degrees come from universities. These are more reliable. The chance of fake claims is less. So, it’s safer. Students who want to study management must check for real and trusted accreditations. Always verify the institute’s background. Don’t go by flashy ads or websites. Be smart and alert while applying.
Focus Subjects
People often ask about the difference between PGDM and full-time MBA. Both have similar core subjects. But there are some key differences. MBA courses mostly focus on theory. They are more about the academic and technical side of management. PGDM or PGP courses are different. They are more practical. These courses follow what the industry needs. They focus on market-based skills. PGDM helps you get ready for real jobs. An MBA gives you strong theoretical knowledge. Both are useful, but in different ways.
Cost
Most MBA courses cost less than PGP or PGDM programmes. This is often the case. MBA degrees are mostly offered by government colleges. These colleges get money from the government. They receive grants and aid. That’s why MBA tuition fees are lower. Students pay less. On the other hand, PGP and PGDM are different. They are usually offered by private colleges. These colleges do not get government support. They run on their own. No grants. No aid. So, the full cost falls on the students. They have to pay more. That’s why PGP and PGDM are more expensive.
Read More About
