What's The Difference Between MBA VS PGDM?

Seeking a career in management sectors comes with a lot of confusion and innumerable information. Many feel lost before enrolling to management courses especially at master level. While there are two options available which are MBA (Master Of Business Administration) and PGDM (Post Graduate Diploma in Management), creating confusion between aspirants which post-graduate level degrees to choose for higher studies. If you are looking to pursue a degree the biggest concern is which degree is better for a postgraduate course. In this article, we have provided the key difference between MBA and PGDM degree, fee structure and salary information to help you decide which degree is the perfect fit for your career goals.

MBA VS PGDM: Understanding The Key Differences

Many know management courses as BBA or MBA, rarely students or professionals go for PGDM. While pursuing a Master of Business Administration (MBA) is a traditional route many choose for upgrading in their career, the degree is offered under UGC by university and affiliated colleges. The Post Graduate Diploma in Management (PGDM) is a diploma course given by independent institutions accredited by the AICTE.

Here you can understand the key difference between MBA and PGDM, while also helping you in choosing which course is suitable for you. 

• MBA degree traditionally follow a theoretical based curriculum and many top PGDM colleges offer a flexible, industry-oriented syllabus which includes case studies and practical experience. 

• Although one is a degree and the other is a diploma course, recruiters don’t differentiate between both while recruiting.

What is PGDM ? 

PGDM or Post Graduate Diploma in Management, is a 2 year business oriented program which is run under management institutes in India. A PGDM course is approved by the AICTE, whereas an MBA degree is issued by a university. As these institutes are self-sufficient, they can alter their curriculum on a regular basis to reflect current industry trends, with a strong emphasis on practical experience, real-world case studies, and business knowledge. For students interested in pursuing a Ph.D. or government posts, many top PGDM institutes have AIU (Association of Indian Universities) accreditation, making their diploma totally equivalent to a Master's degree.

Fee Structure Comparison MBA VS PGDM

The table below contains a breakdown of fee structure for MBA and PGDM courses. Management aspirants can use the details shared here to compare and make a decision based on the financial element. 

Which Degree Has a Better Salary Option? 

While both are different programs, salary options do not differ much after the competition of the degrees. Both can offer high-paying employment, but the salaries depend on which institution you graduated from and company recruitment profile. Students can check for detailed salary segregation from the table shared below: 

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