MBA Admission Management Quota Top 30 Colleges of India
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Difference between PGDM and M.B.A
( MBA Admission Management Quota Top 30 Colleges of India )
PGDM
PGDM expands to Post Graduate Diploma in Management, the confusion starts when you see the term Diploma. Many students are of the view that it is a Diploma course and not a Degree; you are right to an extent that it is a Diploma. The main reason why postgraduate courses are named as PGDM is because when an Institute is an autonomous body (meaning it is not affiliated to any University) and conducts managerial courses then such Institutes cannot offer M.B.A degree. Even IIMs, XLRI’s doesn’t offer M.B.A degrees they only give PGP Diploma or PGDM since they are autonomous and independent bodies. ( MBA Admission Management Quota Top 30 Colleges of India )
When an Institute secures autonomy they design their own curriculum to be taught instead of following outdated University syllabus. The reason why they chose to do is because the curriculum can be updated regularly depending on the need in Industry. Hence one can say that PGDM courses are more Industry relevant as compared to M.B.A courses. ( MBA Admission Management Quota Top 30 Colleges of India )
Institutes which offer AICTE approved courses will also offer PGDM not M.B.A, for example XYZ College is affiliated to ABC University they offer M.B.A course affiliated to that University, the same college is offering AICTE approved course it means they are offering PGDM which is not linked to ABC University.
Typically if any PGDM is to be equivalent to M.B.A then the course duration should be 2 years, a 1 year PGDM will not be equal to M.B.A course. ( MBA Admission Management Quota Top 30 Colleges of India )
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M.B.A
( MBA Admission Management Quota Top 30 Colleges of India )
A two year managerial degree expands to Master of Business Administration, only Universities can grant M.B.A degrees. It could be foreign university or Indian University.
Further enlightenment
( MBA Admission Management Quota Top 30 Colleges of India )
Let us help you understand the basic difference between the two in India-:
Only universities can offer M.B.A: ( MBA Admission Management Quota Top 30 Colleges of India )
In India only those managerial institutes which are affiliated to a university can offer an M.B.A degree. Also IIMs, though being the best of the lot, can’t offer M.B.A as they are not affiliated with any university. Institutes which are not affiliated to university are autonomous and can offer PGDM degree. However, these programmes are approved by regulatory bodies such as AICTE.
Difference in focus of curriculum: ( MBA Admission Management Quota Top 30 Colleges of India )
While there are huge similarities in the curriculum of both M.B.A and PGDM, there are finer points of difference. While M.B.A focuses more on theoretical aspects of business and is more exam-oriented, PGDM has a focus on building soft skills and is industry-oriented. It prepares you for the job market.
Curriculum of PGDM is flexible: ( MBA Admission Management Quota Top 30 Colleges of India )
Since an autonomous institute does not have to follow university standards, it is free to change its curriculum according to industry standards and change in business environment. Also a PGDM gives you an industry exposure. Whereas it will take time to change the curriculum for M.B.As as it is affiliated with a university and it will essentially follow the university guidelines and changing this curriculum is a very slow process.
M.B.As are more affordable: ( MBA Admission Management Quota Top 30 Colleges of India )
In compared to PGDM, generally M.B.As are more affordable as the fees is almost similar to university standard.
Difference in focus: ( MBA Admission Management Quota Top 30 Colleges of India )
An M.B.A will help in developing technical skills and business knowledge whereas a PGDM will prepare graduates for senior level positions in industry and paves the way for a strong corporate career. Hence, if you’re looking for a career in the challenging area of business, you should go for PGDM. ( MBA Admission Management Quota Top 30 Colleges of India )
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M.B.A – The Course and Duration
( MBA Admission Management Quota Top 30 Colleges of India )
M.B.A is a professional course with traditional post-graduation duration of 2 years including internships and semesters. ( MBA Admission Management Quota Top 30 Colleges of India )
M.B.A is also offered through correspondence, full time, part time or long distance course by different B-schools.
Candidates who are working often choose for part-time or distance learning M.B.A, as it gets difficult for them to attend college or lectures on a regular basis because of their jobs. Mostly professional pursue the part-time M.B.A because of the difficulty in managing both college and work. ( MBA Admission Management Quota Top 30 Colleges of India )
However, these students can attend classes as offered by their college or institute and as per convenience. Classes are usually conducted during post office hours. ( MBA Admission Management Quota Top 30 Colleges of India )
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Top 30 Colleges of India
( MBA Admission Management Quota Top 30 Colleges of India )
- Indian Institute of Management, Ahmedabad
- Indian Institute of Management, Bangalore
- Indian Institute of Management, Calcutta ( MBA Admission Management Quota Top 30 Colleges of India )
- Indian Institute of Management, Lucknow
- Shailesh J. Mehta School of Management
- Indian Institute of Management, Kozhikode
- Indian Institute of Technology, Kharagpur ( MBA Admission Management Quota Top 30 Colleges of India )
- Department of Management Studies- Indian Institute of Technology, Delhi
- Indian Institute of Technology, Roorkee
- XLRI – Xavier School of Management
- Indian Institute of Management, Indore ( MBA Admission Management Quota Top 30 Colleges of India )
- Management Development Institute, Gurgaon
- Indian Institute of Management, Udaipur
- National Institute of Industrial Engineering
- Indian Institute of Management, Tiruchirappalli
- Great Lakes Institute of Management, Chennai
- Indian Institute of Technology, Kanpur ( MBA Admission Management Quota Top 30 Colleges of India )
- Symbiosis Institute of Business Management
- Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research
- Indian Institute of Management, Kashipur
- Indian Institute of Management, Raipur
- ICFAI Business School, Hyderabad
- Indian Institute of Foreign Trade
- Narsee Monjee Institute of Management Studies, Mumbai
- International Management Institute, Delhi
- Indian Institute of Management, Shillong
- Indian Institute of Management, Rohtak
- Anna University ( MBA Admission Management Quota Top 30 Colleges of India )
- VIT Business School- VIT University, Vellore
- Kalinga Institute of Industrial Technology
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