The Scope & Significance of Post Graduate Diploma in Management
Post graduate diploma in management is equivalent to MBA degree and is an ideal choice for students wishing to have lucrative career opportunities in the field of management. It is advisable to look for reputed and renowned management institute conducting PGDM approved by AICTE.
Post Graduate Diploma in Management (PGDM) is program equivalent to MBA degree offered by top most management colleges in Bhubaneswar. MBA is one of the most sought after option by graduates as it gives versatility and flexibility to students to make their career choices in different industries and sectors. Many prospective MBA aspirants get confused about difference between an MBA and PGDM. However, an MBA degree is equivalent to and same as post graduate diploma in management. Technical difference between MBA and PGDM is that an MBA is a course offered by MBA colleges in Bhubaneswar affiliated to any university. PGDM is offered by an autonomous institute approved by the All India Council for Technical Education (AICTE). It is important to know even the premier management institutes in India like IIMs offer PGDM and not MBA as they are not part of any university.
PGDM is typically focussed on imparting education and training related to general management concepts, skills and their applications in solving the real life management problems. Most of the good institutes focus more on imparting practical knowledge and experiential learning. They focus on case analysis and presentation with multi-disciplinary approach to sharpen management skills of the aspirants.The autonomous MBA colleges in Bhubaneswar conducting PGDM usually maintain their curriculum not as per university but as per the latest trends in the market as well as industry. Most of the good institutes offer PGDM with specialisation in fields like marketing, human resources, finance, operations, retails and systems and international business. Also, reputed management colleges in Bhubaneswar focus on imparting practical knowledge by the means of case study, live projects, seminar, and industry visits etc.
What to look for choosing management institute?
As management institutes nowadays have been cropped up in all nooks and corners of the country, there are certain features that you must look for choosing the best MBA colleges in Bhubaneswar such as:
· Your chosen MBA institute should be preferably approved by AICTE. It is also good to look for institutes offering post graduate diploma in management in equivalence to MBA by Association of Indian Universities (AIU)
· One must look for institutes having good reputation in the industry and preferably good rankings scored in various business school surveys.
· It should have experience faculty implementing innovative teaching pedagogy
· Many reputed institutes have finishing school for employability to enhance overall employability of the prospective management candidates
· The institute should have state of art infrastructure with all facilities such as well-equipped classrooms, library, hostel facility, internet facility, food court etc.
· Placement is also an important factor to be considered while evaluating any institute for management education. One should inquire about the percentage of placement record, placement facility, salary packages offered to the students and the companies visiting the institute.