Management degree teaches the students technical, managerial and leadership skills. Earning a management degree gives the students a valuable business acumen, expands the professional network and creates new opportunities. It’s an ideal option to consider if a student wants to enhance their career, transition to a new industry or become an entrepreneur.
The Executive PGDM is a post graduate programme that specifically targets corporate executives and managers who are already in the workforce. The Executive PGDM programme is similar to a regular full-time PGDM in terms of content, except that it enables executives to work towards earning the Executive PGDM degree while continuing to hold their existing full-time jobs. Typically, Executive PGDM students are fairly senior in their fields and possess considerable work experience before entering this programme.
Introduction to Executive PGDM course (E PGDM)
Executive PGDM is a postgraduate management programme exclusively meant for working professionals who wish to upgrade their managerial skills in their field of work or industry and are able to adapt to the rapidly changing business environment and stay relevant in the job market. The course is aptly decided for the working professionals according to their relevant fields of expertise. The duration of the course ranges from 15 months to 18 months.
The students who have completed their bachelor’s degree with 50% aggregate from recognised university are eligible to apply for Executive PGDM.
The students should have at least 2-years of full-time work experience at managerial or executive level and are eligible to apply for Executive PGDM. The work experience might vary from 2-years to 5-years depending upon the institute.
Qualification in any of the competitive management entrance examinations CAT/MAT/XAT/GMAT/CMAT/SNAP/NMAT/PGCET/KMAT is mandatory
The students can take admission to Executive PGDM by two modes. The first one is merit-based admission and second one is direct admission.
Merit Based Admission
The students interested in merit-based admission for Executive PGDM course are required to appear for entrance exams conducted at national and international levels. The students have to appear and qualify these entrance exams in order to get merit admission to Executive PGDM course.
Name of Exam
Indian Institutes of Management
Symbiosis Institute of Management
Karnataka Examinations Authority (KEA)
Association of Indian Management Schools
Graduate Management Admission Council
All India Management Association
Xavier School of Management
The students have another option of getting admission to Executive PGDM course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges and deemed or private universities under management quota. The direct admission students enjoy many special privileges like that they are not required to apply for any entrance exam for getting admissions. They have an option to choose their desired colleges and universities and book their seats in advance even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.
The students of Executive PGDM will be studying the following subjects during their course duration.
Subjects of Study
Financial Reporting and Analysis
Corporate Government & Ethics
Managing People & Performance in Organisation
Organisational Behaviour and Human Resource Management
Production and Operations Management
Economics and Social Sciences
Decision Sciences and Information Systems
Finance and Accounting
Career & Scope
The Executive PGDM students can find excellent job opportunities in the management field. As Executive PGDM is a managerial level course, the Executive PGDM candidates are hired in managerial positions in organisations.
Salary & Emoluments
The Executive PGDM students will be earning around 10 lakhs to 15 lakhs per annum.
Top Organisations hiring Executive PGDM students
Some of the top organisations hiring Executive PGDM students are:
JP Morgan Chase
Ernst & Young
Some of the important job roles are:
Accounting Manager: An accounting manager oversees the everyday operations of the accounting department of a firm. They also monitor incoming data that is later analysed to create and maintain financial reports or accounting statements. An accounting manager also enforces accurate accounting methods, introduces policies and upholds accounting principles.
Chief Financial Officer: The Chief Financial Officer (CFO) of an organisation is responsible for all the finance related activities like planning, implementing and managing day-to-day financial operations of the organisation. They are also involved in the business planning, budgeting, financial forecasting and managing negotiations based on the organisation’s finances.
Cash Manager: A cash manager is responsible for managing and overseeing a company’s daily, weekly and monthly cash inflow and outflow. It is their responsibility to reduce the amount of cash that flows into the company in the form of “collectables”. They also have to follow regulations and industry guidelines while maximising the time taken to pay for received goods.
Investment Banking Associate: An investment banking associate is involved in the client-servicing aspect of the BFSI industry. They are tasked with making marketing collaterals, organising and presenting financial information, undertaking valuation analysis, creating and executing transactions with clients.
Credit Manager & Specialist: The main core function that a credit manager and specialist is supposed to perform is to manage and be responsible for the credit granting process, applying credit policies, reviewing the company’s customers’ credit at regular intervals and assessing whether a potential customer is credit-worthy or not. The main goal of a credit manager and specialist is to maximise company profits while minimising losses and bad debts.
Financial Analyst: A financial analyst is tasked with analysis of results, checking on variances, recognising trends and through these actions they are expected to advise the management on the steps they should take to propel the company ahead. They also have to analyse and study the data presented to them, organise a comparative study of the data received and propose changes in the financial plans of the company.
The demand for Executive PGDM candidates has been increasing in the last decade. Many organisations hire skilled PGDM executive professionals in managerial positions. The Executive PGDM candidates are paid handsome salaries. The candidates interested in managerial positions can join this course.
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