The dilemma of PGDBM vs. MBA has been a burning question for all the aspirants willing to pursue a postgraduate course in management. The difficulty in pursuing is often caused by candidates being not entirely familiar with the differences & similarities of PGDBM vs. MBA.
PGDBM VS. MBA – What do they mean?
When comparing MBA vs. PGDBM, one of the most significant differences is that MBA( Master of Business Administration) is a degree program that can only be offered by colleges affiliated with universities, whereas PGDBM(Post Graduate Diploma in Business Management) is a two-year professional postgraduate level diploma program in Business Management offered by autonomous higher education institutes.
Admission Criteria
The majority of MBA admissions are made through All India Entrance Exams. Students get admitted to universities based on their MBA entrance exam scores. After passing the MBA admission exam, applicants are invited to participate in a group discussion and a personal interview. The institutes conduct GD/PI to assess each candidate’s qualities that aren’t evaluated by their academic performance or admission exam results (CAT, XAT, CMAT, MAT, SNAP).
Admission to this program is usually based on the results of an entrance exam. CAT, XAT, GMAT, CMAT, and MAT are some of the most common entrance tests for this program. After the entrance tests, some colleges conduct a written test followed by a personal interview to finalize the candidate selection. PGDBM programs are available in full-time, part-time, and executive formats.
What is the difference between MBA and PGDBM?
Eligibility
MBA The eligibility standards may differ from one college to the next, but the gist remains the same.
Students must have completed their graduation or be in their last year of graduation, and they must present a provisional certificate from their previous college.
The graduation grade point average should be at least 50%. IIMs and IITs, for example, require a minimum of 60% in order to get admitted.
In some MBA colleges, students from restricted categories such as OBC, SC, and ST receive a 5% reduction in the percentage required.
Eligibility criteria for the PGDBM program are as followed-
Students for PGDBM admission must have a Bachelor’s Degree in any discipline from a recognized state/private/deemed or central University/Institute with a minimum of 50% (relaxable for reserved category candidates).
The minimum requirements for admission to the program may differ from one college to the next.
There is no minimum age requirement to participate in this program.
Entrance Exams
The most popular MBA Entrances in India are CAT, MAT, CMAT, GMAT, NMAT, SNAP, ATMA, and XAT. Some of the PGDBM exams are XAT, CAT, MAT, CMAT, GMAT.
Course Structure and Approach
PGDBM comprises subjects like organizational behavior, marketing management, business economics, HRM, etc. Whereas, MBA comprises subjects like accounting, business ethics, business law, entrepreneurship, marketing, supply-chain management, business strategy, etc.
Job Opportunities
Job options after pursuing PGDBM – Business Development Manager, Financial analyst, Business Administrator, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Finance Manager, Accounting Head Marketing Strategist, Business adviser, Data analyst, etc.
Job options after pursuing MBA – Account Manager, Business Analyst, Business Development Manager, HR Manager, Brand Manager, Equity Research Analyst, Management Consultant, Marketing Manager, Project Manager, etc
Average Annual Salary
The main reason for enrolling in an MBA program is the high pay that comes with a Master of Business Administration degree. MBA salaries differ depending on the MBA specialization. MBA finance positions pay the most, ranging from INR 15 lakhs to INR 20 lakhs per year. MBA Internships are required as part of the degree curriculum. This allows students to gain vital experience with the workplace culture.
The average beginning salary after completing a PGDBM will be determined by the student’s work position, prior experience, and the recruiting firm, among other factors.
The initial salary for most PGDBM pursuants ranges from Rs. 4 to 10 LPA.
Popular MBA organizations in India
XIBMS (Xaviers Institute of Business Management Studies)
Staff of Management Studies, University of Delhi, Delhi
SIBM (Symbiosis Institute of Business Management), Pune
NMIMS (Narsee Monjee Institute of Management Studies ), Mumbai
IIFT (Indian Institute of Foreign Trade)
JBIMS (Jamnalal Bajaj Institute of Management Studies), Mumbai
IMNU (Institute of Management, Nirma University)
Well-known PGDBM institutes in India
IIMs (Indian Institute of Management)
XIBMS
SP Jain Institute of Management and Research, Mumbai
NMIMS (Banglore/Hyderabad)
