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All about PGDM for Working Professionals Course


All about PGDM for Working Professionals Course

Last updated: 13 Nov 2020

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Introduction to PGDM

The Post Graduate Diploma in Management (PGDM) is an internationally recognised postgraduate diploma degree that is designed to develop the skills required for careers in business and management. The value of PGDM, however, is not limited strictly to the business world. A PGDM can also be useful for those pursuing a managerial career in the public sector, government, private industry and other areas.

The PGDM is currently the most popular professional degree course in the world. Part-time and online courses are also widely available and are extremely popular across the nations. Both traditional and part-time PGDM programmes are equally popular and are accepted by all the aspirants according to their requirements.

Few lines about Part-time PGDM 

The part-time PGDM is a 2-years postgraduate diploma course that is divided into 4-semesters and the part-time PGDM course is equivalent to the regular PGDM courses. The course is best suited to meet the requirements of PGDM aspirants who are looking for a part-time PGDM course. The course is designed in accordance with the latest and contemporary needs of the business world. The course curriculum includes a brief study of old but relevant business techniques that are still beneficial.

The course covers a wide range of business fields like accounting, marketing & management. An PGDM degree is not limited to a career in management so those interested in pursuing a career in the private government & public sector can also benefit with an PGDM degree.

Eligibility

The students who have completed their degree in any stream with 50% aggregate from recognised university are eligible to apply for Part-time PGDM course. The students applying for part-time PGDM courses should have a minimum of 2-years of work experience in a reputed organisation.

Admission Procedures

The students can take admission to Part-time 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 part-time 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 the PGDM course.

Name of Exam Conducting Authority Month
CAT Indian Institutes of Management November
SNAP Symbiosis Institute of Management December
PGCET Karnataka Examinations Authority (KEA) July
ATMA Association of Indian Management Schools May
NMAT Graduate Management Admission Council October
MAT All India Management Association June
XAT Xavier School of Management December

Direct Admission  

The students have another option of getting admission to part-time 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.

Course Curriculum

The students of part-time PGDM course will be studying the following subjects in their course duration.

Sl No Subjects of Study

1.

Finance for Non-Finance

2.

Joy of Management

3.

Micro Economics

4.

Business Statistics

5.

Marketing and Consumer Behaviour

6.

Excel Spreadsheet Modelling

7.

Organisational Behaviour

8.

Marketing of Products and Services

9.

Financial Reporting and Analysis

10.

Business Research Methodology

11.

Operation Research

12.

Macro Economics & Policy

13.

Business Communication & Presentation Skills

14.

Costing Products and Services

15.

Synthesizing and Analysing Data Using R

16.

Managing Operations and Supply Chain 

17

Human resources Management

18.

Indian Banking and Financial Markets

19.

Managing Stakeholders and legal Processes

20.

Managing Financial Resources

21.

Bringing Ideas of Market

22.

Strategic Management

23.

Project Management

24.

Management of Design

25.

Business Model and Intellectual Property

26.

Leveraging IT for Business

27.

Corporate Governance and Social Responsibility

28.

Analysing and Mitigating Research

29.

Applied Business Research

30.

Problem Solving and Consulting Skills

31.

Capstone Simulation

32.

Ethics and Indian Ethos

33.

Integrated Decisions Making

34.

Leadership Development

35.

Applied Business Research Project

Career and Scope

There are ample job opportunities for part-time PGDM students. The demand is increasing day by day and continues to thrive in the future. Many organisations are coming up with new job roles and PGDM students are largely preferred.

Salary and Emoluments

The fresh part-time PGDM students will be easily earning around 6 lakhs to 8 lakhs per annum. The experienced professionals will be earning around 8 lakhs to 25 lakhs per annum.

Top Organisations hiring PGDM students

Some of the top organisations hiring PGDM students are:

  • Accenture
  • Flipkart
  • Amazon
  • TCS
  • Infosys
  • Fidelity Solutions
  • JP Morgan Chase
  • Goldman Sachs
  • Rolex
  • BMW
  • Porsche
  • Capgemini
  • Cognizant
  • Emirates
  • Facebook
  • Google
  • Microsoft

Placement Opportunities

Some of the job roles available are:

Marketing Managers: The marketing managers are business executives who help oversee the company's marketing campaigns and coordinate the efforts of the company's marketing employees. They also are responsible for figuring out how high the demand would be for a potential product or service and determining who might be interested in purchasing that product or service. Marketing managers can contribute to discussions about whether a business idea is viable and they may be involved with setting an appropriate price for that product or service. They often come up with strategies on how to attract consumers and increase sales.

Financial Manager: A business cannot run without money and a company that does not spend its money wisely can die quickly. That is one reason financial managers – the business executives who monitor a company's budget and decide where to make financial investments – are usually exceptionally well-compensated and also are highly employable professionals. 

Management Consultant: The management consultants’ job is to advise companies on their management practices and identify problems within the organisation that may be holding the company back from reaching their goals. Many management consultants are self-employed, while others work for large firms. According to the Institute of Management Consultants, about 27% of consultants are self-employed. This is an ideal arrangement for many PGDMs – a flexible career path with high earning potential.

Operations Manager: An operations manager is sort of a company’s jack-of-all-trades. He or she oversees daily operations, purchasing, inventory, coordination between departments and policy creation. Responsibilities may also include hiring employees and negotiating contracts. However, this job will vary depending on the organisation and expectations of the CEO. Therefore, this position requires a great deal of flexibility and multitasking.

Final Lines

There is ample demand for skilled students of PGDM from both regular and part-time. Many aspirants choose part-time PGDMs over regular PGDMs because of their financial conditions. The skilled professionals are largely hired in organisations in managerial positions. The PGDM students are paid handsome salaries and also have an excellent opportunity to grow in their careers. The students interested in managerial positions can join this course.

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