Filter Results

Topics

Audience

Industry

Year

PGPM vs PGDM – Which MBA course Should You Opt For?

8 Mar 2021

admin

Singleness of purpose is one of the chief essentials for success in life, no matter what may be one’s aim. – John D. Rockefeller

Planning on pursuing a career in management? With a host of options available with different curriculums, the young aspirant is bound to be evaluating their options. With the admission season going on, there is a big decision of where to apply. However, the choice between management institutes is dependent on various factors based on one’s profile, aspirations and requirements. Next is to negotiate the maze of the various MBA courses available. However, there is definite logic and reasoning that can drive one’s choice and narrow them down. To help students to come to an informed decision as to what is best for them, we will examine the key differences and recommendations between two popular MBA formats i.e., PGDM (Post Graduate Diploma in Management) and PGPM (post Graduate Programme in Management).

The key difference between PGDM and PGPM

Post Graduate Diploma in Management (PGDM) is a two-year MBA meant for freshers who are looking for a career in management. At the successful completion of the programme, a diploma is awarded to the candidate.
Post Graduate Program in Management (PGPM) is a one year MBA that is aimed at and suitable for the experienced aspirant. It is, in sum and essence similar to the PGDM, and the successful completion entitles the candidate to receive a certificate.

The normal perception is that a post graduate MBA for two years. However, there are options where an MBA can be completed in one year. Obviously, the entry requirements and candidate profile is different for both. The question that comes to mind is “what is a one year MBA” and “is it a good option for me”. Since there is a lot of material available on a two year MBA programme, let us examine the salient features of a one year MBA.

What is a One Year MBA?

The One year MBA has been highly valued by professionals as well as students, internationally, in India. The two year program that reigned supreme, till a decade ago. However now, re-evaluating their career graphs, the applicant base has shifted to working professionals from fresh graduates. These professionals are usually looking to upskill in a shorter time duration and return to the job market.

The one year MBA courses in India gives these aspirants all the required skills, confidence and industrial exposure to return to their careers in leadership positions. The time spent in classroom work, team activities, experiential learning immersions, volunteering opportunities, and action learning projects, is all well balanced and designed to impart leadership skills in the incumbent.

What are the advantages to consider a One Year MBA?

One of the best known benefits of pursuing a One Year MBA is the significantly reduced time and money investment. Having a short duration, it is a rigorous course, and you get to learn exactly what you would in a two-year mba curriculum.

What are the advantages to consider a One Year MBA?

The most suitable time to pursue the one year MBA is when you want to boost your career. Climb the corporate ladder equipped with much better knowledge and skills.

Below given are pointers on Why and When you should consider pursuing the One Year MBA.

Expand Your Professional Network – While pursuing such courses, the students get an opportunity to communicate and interact with people from various industries, countries, cultures etc. The ultimate key to success is through building a robust professional network that helps the students navigate through the job market, make connections & deals and ensure personal growth.
Igniting New Interests – Both entrepreneurs and working professionals, pursue the one year MBA courses as it helps to boost their ability to leverage their knowledge and existing skills creatively to overcome obstacles and ensure success. The One year MBA course is more than just a career launchpad for professionals and entrepreneurs, in the middle of, or wanting to start their business venture.
Big Career Shift – Executives and mid-level professionals aspiring to advance their careers can take up one year MBA courses as they make the professionals eligible for senior managerial and leadership positions after completing the one year MBA. They naturally climb the corporate ladder with higher emoluments.These One Year MBA programs sharpen overall skills, make your CV robust, and hence, transform your career.
MBAUniverse – one of the leading and reliable forums for MBA aspirants, ranked top Bschools/ institutes for their one year MBA in India.

1 year MBA Rankings	Top One Year MBA Colleges in India	One Year MBA Programme Name	1 Year MBA Programme Fee Rs.	1 Year MBA Average Placement Rs.	Average GMAT Score
1.	IIM Bangalore	Executive Post Graduate Programme in Management (EPGP)	27,50,000	23,46,000	699
2.	IIM Ahmedabad	Post Graduate Programme in Management for Executives (PGPX)	25,00,000	28,84,111	702
3.	ISB Hyderabad	Post Graduate Programme in Management (PGP)	34,63,240	25,09,000	709
4.	IIM Calcutta	Post Graduate Programme for Executives (PGPEx)	27,00,000	24,52,000	685
5.	SPJIMR Mumbai	Post Graduate Programme in Management (PGPM)	19,60,000	17,26,500	660
6.	XLRI Jamshedpur	PGDM (General Management)	20,00,000	17,54,000	640
7.	IIM Indore	Executive Post Graduate Programme in Management (EPGP)	20,00,000	20,00,000	650
8.	MDI Gurgaon	National management Programme (NMP)	15,35,000	19,07,000	660
9.	IIM Lucknow	International Programme in Management for Executives (IPMX)	23,50,000	–	672
10.	IIM Kozhikode	Post Graduate Program in Business Leadership (PGP-BL)	22,50,000	–	–
11.	Great Lakes Chennai	Post Graduate Programme in Management (PGPM)	19,25,000	13,10,000	670
12.	Masters’ Union School of Business Gurugram	Post Graduate Programme in Technology and Business Management	1870000		No Cut offs but High score adds value
13.	SOIL Gurgaon	Post Graduate Program in Business Leadership	15,03,226	9,50,000
14.	IIM Udaipur	MBA- Global Supply Chain Management (GSCM); MBA- Digital Enterprise Management (DEM)	18,50,000	19,09,000	–

Scroll right to see complete details

Source: MBA Universe

Now, let us examine in detail the PGDM (Post Graduate Diploma in Management) and PGPM (post Graduate Programme in Management) formats

PGDM

The PGDM programme, spread over two years, is good for candidates who are straight out of college (freshers) or with a few years of work experience and who wish to pursue a management career. The programme gives the student an immersive and extensive exposure to management concepts along with internships and experiential immersions that will help develop their personal and professional goals. The idea is to develop a well-rounded personality, ready to take on the rigours of the corporate/ business world.

Admissions

Usually, intake to this programme is dependent on a good academic background. In addition, an aspirant’s application is to be supported by GMAT/ CAT/ XAT/ MAT/ SNAP/ NMAT Scores. The shortlisted applicant then has to go through a evaluation process before being considered for admission.

Pedagogy

In a typical PGDM programme, the first year is dedicated to knowledge on the foundation of management. The idea is to help students gain integrated learning and exposure across all functional areas and increase their awareness. In addition, the student may be able to develop their specialisation preferences. Typically, the PGDM covers the following basic core functional courses in the first year: Marketing, Finance, Operations, Finance, Analytics and Human Resources, etc. In the second year also known as the specialisation year, students choose electives to gain in-depth knowledge on their preferred subjects. The popular areas of specialisation are Marketing, Finance, Analytics & Human Resources

Advantages

The PGDM programme gives flexibility to the student to work through and develop their preferences as the course progresses. It has been seen that younger learners are less biased by their existing knowledge and are inherently more flexible and exploratory. Exposure to internships gives an additional dimension for the student as they gain meaningful industry exposure. Many a time, they manage to draw job offers on the basis of their performance in their internships. Besides, internships provide an opportunity to work in the industry under the mentorship of skilled professionals.

Placements

There are a host of employment opportunities in the industry after completing a PGDM course. Starting as a management professional in the corporate world in any business scenario offers multiple opportunities.

PGPM

PGPM is a one-year MBA course that mandatorily looks at a work experience of two to five years. Since the PGPM course looks to derive benefit and build on the work experience of the candidate, meaningful experience is the key. The idea is to enable the candidate to realise their ambition and leapfrog their career. Doing a PGPM course, after one has been working for some time, it is a big decision for some. The quandary of opportunity cost as one has to forego stable earnings and the fact that the course is extensive, and requiring dedication, makes it a choice that every aspirant has to make with some thought.

Top 10 MBA Specialization in india

Cost & ROI

The fee for a one year MBA in PGPM varies from institute to institute but the ROI is quite high. At SOIL, every year during Placement season, we see an ROI of 200%+ as a hike in the salary received post MBA for our students.

Admissions

At SOIL, the intake to the PGPM course is generally based on the candidates overall profile, and not just their exam scores or academic record. There is an encouraging evaluation process designed by the institute to ensure the best fit for each student to the course. Entrance scores like CAT/ GMAT etc. are optional and may add to the applicant’s profile.

Pedagogy

The PGPM course is normally spread over three terms. The initial term looks to provide the student a refresher on the basics of business studies like in the PGDM course. The rest of the term/s are devoted to specialisation tracks and advanced learning, as well as integrated learning. There is also special emphasis on Experiential learning, Mentorship programs, Leadership sessions and Individual Development. The popular specialisations are in the areas of Finance, Analytics, Marketing and Human Resources.

Advantages

After the PGPM course, students acquire conceptual skills along with the synergy of the collective experience of batchmates with a diverse background. This gives an added dimension to learning through case discussions, capstone projects, group evaluations, live projects, social work and more. These help the student to gain meaningful insights in their personal and professional growth. Suited for working professionals who are ambitious or individuals who want to acquire entrepreneurial skills, this programme provides just the right platform.

Placements

PGPM course is gaining in popularity with companies hiring professionals who have completed this course since it is focused and industry specific. The fact that students already have relevant work experience also helps during placements. Corporates look to hire professionals for middle / higher management roles depending on their profiles with high CTCs and exciting roles.

SOIL as a Cutting Edge Business School

Both the PGDM and PGPM programs at SOIL look to arm students with management skills, a broader vision and the right business knowledge. Both the one-year and the two-year programs look to create a well-rounded personality and give each of our students a platform to excel. So, if you want your aspiration to meet your inspiration, SOIL Institute of Management is the place to come to. There are options available to cater to the young aspirants wanting a management career as well as for aspirants with experience who look to accelerate their career. Across functional areas, this provides a best in line learning experience for the aspirant. SOIL Institute of Management has devised pedagogy to ensure quality management education in India. In this endeavour, they have the backing and support of a host of academicians, entrepreneurs and business leaders from within India and across the globe. The PGPM offered by SOIL has specialisation tracks aligned to industry requirements and demands, as it looks to give options to the student to make a choice across business streams. The PGPM-BL (Business leadership) aims to create India’s future leaders with integrity and character, who can inspire and influence a wide range of stakeholders, and who can demonstrate responsible leadership to take India and its people on its way to become a powerful economy.

SOIL as a Cutting Edge Business School

Roles Offered (Over the years)

The PGPM HR (Human Resources) programme focuses on developing HR Leaders with a global perspective who are equipped to handle the workload of an HR Manager / professional in various industries and situations.

PGPM in Human Resource

Our Value Addition

Roles Offered (Last 3 Years)

SOIL’s 2-year PGDM – Business Design is a bold and radical step in changing management education. The program aims at creating business leaders who excel in problem solving and creativity. The focus is on redefining processes to streamline businesses. Graduates of the program will be ideally placed to be the change leaders in the near future.

Participating Companies

Reasons why SOIL should be considered for your One Year MBA course?

At SOIL the focus is on holistic development of each of our students. Not only do they grow professionally, our students are self aware, have fully developed EQ and the ability to calmly and intelligently deal with any kind of challenges that may arise. The SOIL MBA also sharpens the skills that you need in the corporate world to effectively communicate and help shape the future of the world. Giving back to society through community outreach and a humane approach will always be the mantra of a SOIL Leader. Unlike most B schools, SOIL stresses on Mental and Physical well-being as well. Yoga is a part of the curriculum and hence, necessary. By being peaceful on the inside and active on the outside, one can easily achieve even more than what has initially been planned. The pandemic required us all to go within instead of the seeking happiness elsewhere. Once the mind is calm, everything going on externally falls right into place. Asanas and meditation taught to students at SOIL enabled them to navigate the trying times. Students feel that besides the right education and career enhancement, with SOIL, they have grown and evolved as individuals.

Our Top Stories to Read
MBA vs. PGDM: Understanding the Difference Founder & Chairman Mr. Anil Sachdev Learnings and Importance of Theatre
SOIL Live Digital Events

Expert Webinar: Mapping the Finance & Analytics specializations at SOIL | 7.30 to 8.30 PM
Learn More
Open House with the SOIL Placements Team – Ask Me Anything 5 PM – 6 PM
Learn More

Early Application Deadline for 1 Year PGPM Programs - 23rd Oct

Posts By

Topics

Audience

Industry

Year

Never miss a beat. Get Blog updates regularly in your inbox

First Year of one of the best MBA courses PGDM at SOIL

MBA in Analytics : Exploring New Career Opportunities in the Modern Business World

Preparing for GD-PI: Things to Keep in Mind While Appearing for an Interview at a Top B-School

Early Application Deadline for 1 Year PGPM Programs - 23rd Oct

Never miss a beat. Get Blog updates regularly in your inbox

join Our Mailing List And Stay Updated

join Our Mailing List
And Stay Updated