Graduates from both programs are equally eligible for the same kind of management jobs. The 20 existing IIMs however, under the IIM act of , were declared as Institutions of National Importance and were granted the authority to award MBA degrees, before which they were awarding diplomas just like every private b-school. So, instead of the name, you must focus more on major quality determinants such as faculty, curriculum, campus, peer group, rankings and accreditations, and placements, to determine which program would put you in the searchlight of promising recruiters.
MBA programs in general have a fixed curriculum and they are generally more theoretical in nature. There is a certain rigidity in the revision of curriculum to maintain pace with changes in the industry and economic landscape.
Such revisions take place over a period of years. This allows the schools to maintain a competitive advantage, and such competition encourages rampant innovation in curriculum and pedagogy. Such programs also have more room for practical application based learning in contrast to pure theoretical learning. In fact, any good PGDM program would have involvement of industry veterans in designing the curriculum. These veterans bring foresight that encourage inclusion of emerging and disruptive technologies such as AI, Design Thinking and Business Analytics into management curriculum.
On these lines, one must also note that MBA exams are conducted by respective universities and all colleges under a particular university would have the same exams. In case of IIMs and private b-schools, the exams are conducted by the schools themselves who, to a great extent, have control over their evaluation criteria. A high quality PGDM program offers a lot more than classroom teaching.
Case study pedagogy has a high importance in PGDM courses as these cases help understand the application of concepts in real-time and are based on classic as well as contemporary business cases that have shaped the industry over the years.
The learning takes place outside the classroom as well, in the form of extra-curricular activities, social initiatives, events, competitions, etc. For instance, the PGDM program offered at Great Lakes Institute of Management includes live projects, summer internships with leading corporates, along with regular guest lectures, conclaves and symposiums — all of which help in developing strong leadership, managerial and analytical skills which are crucial for a successful management career.
Since MBA programs are offered by universities and colleges, most of which obtain grants from UGC and government subsidies, their fees are on the lower side. A PGDM program undoubtedly is a huge investment of money. Since institutes and autonomous business schools running PGDM programs, mostly on-campus, incur all their costs by themselves, the effect is seen in the form of much higher program fees. But, these fees are utilized to provide state-of-the-art infrastructure, enabling global faculty exposure, delivering cutting edge curriculum the grooming students bag highly coveted jobs.
A number of banks and financial institutions provide loans at reasonable interest rates for such high quality PGDM programs. There is no one-size-fits-all concept in case of entrance tests. PGDM schools may also not have a definite entrance score cut-off, but a safe score criteria since shortlisting would also depend on other factors such as past academic and professional performance, achievements, diversity of background, and so on.
In case one wishes to continue with their higher studies by going for a PhD or double MBA, preference is always given to a candidate with an MBA degree. What should be kept in mind though is that PGDM should be pursued from an institute having a standard and name in the industry.
Animation B. Pharm, D. Pharm, M. Pharm, Pharm. Get academic examination results for boards, universities, entrance exams pan India. PDGM is an incredibly rewarding career option for those who have the perseverance and learning enthusiasm. People with PGDM work to lead others and are at the apex of knowledge in their respective fields. They get high salary slabs which typically range above 50 lakhs p. Degree is not only the factor that can fetch you a better salary.
A better salary would depend upon good working experience and skills of the candidates. PGDMs focus more on grooming programs, mentorship and industry exposure. Also the placement services are more rigorous with PGDM programs.
Hence, PGDM course from a recognized institute is usually good to pursue good salary options. The most important characteristic in choosing a Business School is having good faculty. Generally, these are the last two years of formal schooling and mediocre or poor faculty may not be able to do justice to the program. The finest designed curriculum will not work with poor professors. Students should stopover the website of the concerned school and check out for the teaching team.
Search for the qualification of the professors, their former work history, current consulting contracts, research work, etc. Most PGDM colleges accept scores from the said exams and the aspirants can decide to appear in one or more of these exams. Although they may give less or more weightage to these scores, they have their own selection process in further rounds. The next rounds may consist of group discussions and Personal interview rounds and some institutes also prefer to consider your previous academic scores and assign weightage to them also.
The seats can be reserved in the targeted PGDM College only after successful completion of all the rounds. Generally, we devote more time researching the features of a smartphone we buy than on the school we wish to make a career with.
0コメント