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Mba Vs Pgdm – What’s Better For You?
When it comes to choosing a career path for your future, it's a no-brainer that you can't just go with whatever comes first to mind. Furthermore, being a student and lacking knowledge of various industry verticals makes the process even more intimidating.
Decisions such as choosing a career path and college should be made with great care because they will determine your future in this big world. Students in India are always looking for a fulfilling career path with a broad scope, and Global MBA cracked with the help of teachers for MBA Exam is unquestionably one of the most popular options of all time.
However, an equivalent course known as PGDM is rapidly gaining popularity these days. It also appears to be becoming a more popular career option for Indian students. Both of these courses are designed to teach you about leadership and managerial positions, as well as their significance.
Despite some academic differences, both of these fields are ideal for some good placements. This article will help you understand the distinction between PGDM and MBA and decide which is best for you.
MBA and PGDM – ...
... A Brief Introduction
The Masters in Business Administration is a two-year post-graduate course approved by the University Grants Commission. With over 6,000 universities offering MBA programs, it is a highly lucrative career path that frequently leads to higher pay.
The curriculum of this course is generally changed every five to ten tears, and many well-known institutes offer this course in a variety of specializations. When it comes to PGDM, it is also a two-year post-graduate course offered by several business schools.
It is very similar to an MBA degree and can be completed as a part-time or distance learning course. PGDM courses are available at both state and central universities, and the curriculum is similar to that of an MBA. PGDM, on the other hand, takes a slightly more practical approach to management training.
MBA or PGDM – Which is Better?
Now that you understand the macroscopic differences between PGDM and MBA, you should consider looking at the admission requirements to see which one is right for you. You should also research the reputation of the desired PGDM colleges.
Recruiters will always conduct a background check on your university to determine whether you are a good fit for their company. With that said, let's look at some factors that may help you decide whether to pursue an MBA or a PGDM in your academic career:
Career Goals
With a postgraduate degree in PGDM, you can pursue careers such as Project Manager, Data Scientist, Consultant, and so on. The MBA program, on the other hand, offers positions such as Business Analyst and Sales Manager.
You must decide whether to pursue a PGDM or an MBA based on your interests and skills with the help of your personal tutors for MBA exam. Before making a decision, make sure you research the career opportunities and scope of both of these courses.
Budget
The admission fees for both courses vary greatly. As a result, before deciding on a specific course, you should consider your financial capabilities and budget. This will ensure that your post-graduation is free of obstacles.
College Ranking
As previously stated, the reputation of your desired college can have a significant impact on your placements. Depending on your travel preferences and location, you should select a college with a good reputation in the field for better future opportunities.
The Takeaway
While an MBA covers topics such as human resources, finance, and business ethics, among others, a PGDM is considered an equivalent to the former, but with slightly higher costs. Depending on the stream you choose, such as PGDM Marketing, each of these courses will prepare you to work in management-related roles.
With the tips and factors listed above, you can easily determine whether a PGDM or MBA is better for you. Based on the reputation and rankings of your chosen college in the industry, they both offer a diverse range of career opportunities.
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