PGDM- Post Graduate Diploma in Management, are you Confused? Is it Post Graduate course or Diploma Course? Same point I noticed in my case when I Joined PGDM course.
So, Lets understand why it is called as PGDM rather than MBA if both the course is same in nature. Many of the students confused when they saw Diploma word in Post Graduate Course name Like Me.
What is the Difference Between PGDM and MBA course ?
The Main Factor of Naming this course is, as per Indian Regulation, autonomous and other Institute are not authorised to offer MBA degree which is only offered by the University. They cannot name their management course as MBA. So, all those Private and Autonomous institute s are offer PGDM rather than MBA, as the curriculum or certification is equivalent to the MBA degree.
The Institute can also offer different subject adding to the same degree, as like, in communication, retail management etc.
The Private and Autonomous Institute, design their own curriculum according to the job prospective and industry demand where as MBA curriculum is as per University guide lines.
The PGDM curriculum also changed frequently to meet the job standard. Most of the PGDM syllabus is relevant to the Industry, some time it designed for the particular industry also.
In India two governing body regulate the quality of the Education AICTE and UGC. As all university goes under the UGC, they follow the process of the UGC but all other affiliated by the AICTE, can change the curriculum according to their need.
Also Read : Know about Management Entrance Test In India
For the PGDM course, Institute must be accredited by AICTE but as per the recent Supreme Court verdict, UGC recognized MBA programmes need not have AICTE approval.