Every aspirant has this comparison in mind before signing up for a management course. So, what is the difference between a PGDM and an MBA? Here are few differences between PGDM and MBA:
MBA is a UGC-approved degree program. Universities often affiliate colleges to offer MBA courses.
PGDM is an AICTE-approved program. Institutions design their own curriculum and conduct their own exams.
Both PGDM and MBA are regulated by AICTE and the Ministry of HRD. However, UGC approval is required at the university level for an MBA.
Both PGDM and MBA are considered equivalent to Post Graduate Degrees. They are valid for further studies and professional purposes
Admission Criteria: Both PGDM and MBA require clearing national or state-level entrance exams like CAT, MAT, XAT, or ATMA.
PGDM is more practical and industry-oriented, while MBA is more theoretical. PGDM students often have better placement records due to their practical skills and industry-focused curriculum.
PGDM graduates can pursue high-paying roles like investment banking, project management, and consulting.
PGDM is offered by app 500 B Schools while MBA by 5500 Universities and colleges. Less supply of PGDM creates more demand for them.
PGDM institutions are focused on a single program, while MBA programs are often offered by universities with multiple courses, potentially diluting the focus on individual programs.
– IIMs – XLRI – SP Jain – Taxila Business School – MDI – IMI – IMT