MBA and PGDM are the much sought after courses that students pursue as a part of their postgraduate studies

MBA and PGDM are the much sought after courses that students pursue as a part of their postgraduate studies

Here are 8 differences between MBA and PGDM-

Here are 8 differences between MBA and PGDM-

1. MBA stands for Master of Business Administration and PGDM stands for Post Graduate Diploma in Management

1. MBA stands for Master of Business Administration and PGDM stands for Post Graduate Diploma in Management

2. As the name suggests, MBA is a degree programme in management whereas PGDM is a diploma course

2. As the name suggests, MBA is a degree programme in management whereas PGDM is a diploma course

3. MBA can be offered by colleges affiliated to universities or universities alone and PGDM can be offered by any autonomous institutions which are popularly called B-schools or business schools

3. MBA can be offered by colleges affiliated to universities or universities alone and PGDM can be offered by any autonomous institutions which are popularly called B-schools or business schools

4. MBA programmes are accredited by UGC and AICTE whereas PGDM courses are recognized by AICTE and in some cases AIU

4. MBA programmes are accredited by UGC and AICTE whereas PGDM courses are recognized by AICTE and in some cases AIU

5. MBA programs in general have a fixed curriculum and they are generally more theoretical in nature. Meanwhile, PGDM can be revised or updated at the b-school’s discretion, keeping it on par with new industry requirements and standards

5. MBA programs in general have a fixed curriculum and they are generally more theoretical in nature. Meanwhile, PGDM can be revised or updated at the b-school’s discretion, keeping it on par with new industry requirements and standards

6. MBA programmes are cheaper than PGDM programmes

6. MBA programmes are cheaper than PGDM programmes

7. An MBA program is more focused on theory-based learning approaches whereas a PGDM program provides room for more application-based learning in classrooms.

7. An MBA program is more focused on theory-based learning approaches whereas a PGDM program provides room for more application-based learning in classrooms.

8. The job prospects of both MBA and PGDM are equal. However, if you want to join the post of lecturer or assistant professor in a management college/ university/B-school, it is better to pursue MBA

8. The job prospects of both MBA and PGDM are equal. However, if you want to join the post of lecturer or assistant professor in a management college/ university/B-school, it is better to pursue MBA

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