Generally, most of the universities change their curriculum after 5 to 10 years. This makes the course irrelevant and redundant when we talk on the placements. Students generally get low salaries as compared to their counterparts in PGDM. UGC is responsible for the coordination, determination, and maintenance of standards of higher education. It recognizes universities in India, and grants funds to such recognized universities and colleges.
So the programs approved by these bodies have equivalent legal acceptance. PGDM salaries are impacted by various factors like job role, city of job, experience, the type of company etc. Some of the highest-paying jobs for PGDM graduates are:. 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. These institutions never offer MBA instead they offer Diplomas in Management but they are the most sought after colleges in India for management courses. These autonomous colleges have advantages of their own. Because they are not affiliated with any university they are not bound to follow any particular curriculum and therefore they remain updated with the current scenario of industries and management thus increasing the quality level of their education.
Not that the universities are outdated but their curriculum is updated once every years and with the ever growing industries, keeping abreast with month to month changes in surrounding has become essential to keep up. Placements are depends on the brand name of the college, alumni network and what is the impression of your institute in the industry. 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. Many of them want jobs that would present ample opportunities to showcase their talent and skills, challenge their intellect and knowledge, and satisfy their ambitious streak.
The program also focuses on shaping progressive and mature leaders and therefore, also trains them in soft skills, team building and communication. It is crucial that you, as an aspirant, pick the right program and the right B-school that suit your career needs. You must aim to get in to a top B-school in order to derive the maximum ROI from the two years you spend there.
Going for a full time PGDM course is a huge investment and a once in a lifetime opportunity. Therefore, it is important that you make a well informed decision. These accreditations take into account various aspects such as quality of faculty, curriculum, infrastructure, teaching methodology and so on for benchmarking.
Rankings can also help in gauging the quality of a program. B-schools ranking are done by both Government as well as private bodies. The Great Lakes PGDM provides a globally benchmarked curriculum, world class faculty and a peer group from diverse domains, which transforms young professionals and high performing graduates into Business Ready Managers.
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