MBA Vs PGDM: Know Differences In Fees, Syllabus And Career Opportunities

MBA is one of the high-scope courses, which helps in securing well-paying jobs. Similarly, there is a PGDM course, which is also equivalent to an MBA and is pursued after completing a UG bachelor’s degree. PGDM programs focus more on industry-oriented aspects, whereas MBA programs tend to have a more theoretical approach. Many are unaware that MBA and PGDM are two different courses. The fees of both are also different and there is also a difference in placement and salary after the completion of the course. Let us take a look at some of the differences between both the courses.

The full form of MBA is Master of Business Administration and PGDM is Post Graduate Diploma in Management. MBA is a degree course, while PGDM is a diploma course. Both are post-graduate degree/diploma courses in the field of management.

MBA Degree Program

Master Of Business Administration (MBA) is a degree course. It is usually of two years duration. The MBA syllabus includes comprehensive management education. It teaches about various aspects of management and leadership. The thesis/project work is prioritised in this degree program. You can choose options like an MBA in Finance, Marketing and HR in the last semester.

PGDM Course

Post Graduate Diploma Management (PGDM) is usually a course for 1 or 2 years. The PGDM syllabus focuses on specific areas of management. Thesis or project work is not given much importance in this. Like MBA, students are also given specialisation options (such as finance, marketing, HR) in PGDM.

Here are some key differences in both courses which you must know before taking admission to these programs:

Management Course Syllabus: MBA provides broad management education, while PGDM focuses on specific management areas. MBA offers various specialisation options like Finance, Marketing, and HR, whereas PGDM has limited specialisation options.

Thesis/Project Work: Thesis/Project Work is mandatory in MBA, whereas it is not compulsory in PGDM.

Recognition: The MBA is recognised by the University Grants Commission (UGC), while the PGDM course is offered in professional institutes and universities. MBA is recognised globally, whereas PGDM recognition may be limited.

Fees: MBA fees are generally higher than PGDM fees.

Career Opportunities: MBA offers a wide range of career opportunities, while PGDM offers career opportunities in specific industries or sectors. MBA pass outs are expected to get higher salaries than PGDM ones.