News Details


PGDM- Eligibility, Course, Scope, Fields & more


PGDM or Post Graduate Diploma in Management is a 2-year, postgraduate course in the field of management.

The scope of PGDM is intensifying day by day, as numbers of jobs are increasing where managerial skills are required. As well as, in this booming economy of startups, you will require management expertise to succeed in your business. 

PGDM is a diploma course offered by the institutes that are recognized by the All India Council for Technical Education (AICTE) and which are autonomous and not affiliated to any university.

This course prepares the students with the conceptual knowledge of the subjects related to management and the industry requirements.

Eligibility for PGDM

Students who have completed their graduation from a recognized university and scored a minimum of 50% aggregate marks in their final results are eligible to apply for the admission in this course.

Admission in PGDM does not require you to be from a commerce background. In other words, you can be a graduate in any discipline and still be able to apply for a PGDM course.

The students Bachelors should be completed from a college/university recognized by the Association of Indian Universities (AIU).

If you have ticked all the above requirements in your list, then you can surely apply for a Diploma in PGDM.

Course of PGDM

The course of PGDM is usually divided into four semesters. It varies on the college/university and its discretion.

Here are the following subjects that are taught during the undergoing of this course-

  • Management Principles and Practices
  • Marketing Management
  • Managerial Economics
  • Business Statistics
  • Accounting and Financial Analysis
  • Human Resource Management
  • Financial Management
  • Banking & Financial Services
  • Strategic Management
  • Business Law & Corporate Governance
  • International Business
  • Research Methodology

The study of these subjects is crucial for a management student. These subjects ensure that the student has the basic knowledge to dive into the management industry.

After the completion of PGDM, a student can understand the discipline he is interested in and what could be his field of career.

Career Fields

Choosing a career can be tough and very tiring. Many students are unaware of what career is suitable for them and how they should pursue it.

That is to say, by the time you complete your graduation you have a basic idea of the field you could choose your career in. After that students pursue higher studies such as Masters, Post-graduation, or Diploma in those fields.

Usually, when a student is pursuing his higher studies after graduation it is related to the field they want to make a career in and most often it is unknown to the students that after completion what could be the career options available for them.

Management is a broad field. It offers a wide range of career options for students in its main fields, which are- Marketing, Finance, Operations, International Business, Business Analytics, HR, etc.

All these fields purvey numerous career options. And salary is no bar for the eligible candidates.

Here we list a couple of career options that a postgraduate management student can be interested in-

career options after pgdm

Source: Pancham Bhardwaj, Editor

Management is a field of endless opportunities. Following are just some of the many options that it offers. Let us dig deeper into these fields-

HUMAN RESOURCE MANAGER (HR)

A human resources (HR) manager makes policies, procedures and sees that HR programs are consistently administered, aligned with organizational goals and are done with the utmost professionalism.

They plan, manage and coordinate all human resources initiatives for example recruitment, compensation, benefits, training and employee relations of an organization.

The person willing to get a job in the HR department should at least have a bachelors degree in any relevant subject. Previous experience in human resources is also a very important factor. They should also have excellent leadership, multitasking, and problem-solving skills.

A Human Resources (HR) Managers average salary is of Rs 613,085 per year. Most people try to shift to other jobs if they have a 20 year or more experience in this field. The highest paying jobs in this field are People Management, Organizational Development, Performance Management, Training Management, and Generalist Duties. This career field needs people with relevant skills and a good amount of work experience.

ASSISTANT HUMAN RESOURCE MANAGER

An assistant human resource manager helps and supports the human resource manager in various tasks like Aid management in understanding employment policies regarding hiring, firing, and behavior requirements and arbitrates concerns and difficult interactions between employees.

They recruit new employees, they also review and evaluate benefit packages. The assistant human resource manager has to be professional and confidential about the information as it can be very sensitive and related to the company’s terms.

The average salary for an Assistant Human Resources (HR) Manager is Rs 505,840 per year. The skills that you need to have if you want this job are Training Program Development and Recruitment. Experience is another important factor for this job.

MARKETING MANAGER

A marketing manager helps and supervises in advertising or merchandising sales campaigns that the company uses to sell products. They may be assigned to a single product, a product line, a brand, or the entire company.

The marketing managers should work with the creative, research, advertising, and sales teams.

Marketing managers also have to monitor and analyze the performance of marketing programs in order to guide current and future strategies. Assist in developing market research studies and analyze their findings and assist the team in creating, recommending and implementing marketing programs and campaigns for products and services of the organization.

The average salary for a Marketing Manager is Rs 644,431 per year. They are required to have relevant skills in Strategic Marketing, Product Marketing, Business Analysis, Branding, and Marketing Management.

OPERATIONS MANAGER

Operations managers oversee their organization’s production of goods and have to look into various departments like purchasing, warehousing, and manufacturing. And make sure that their company’s products are good and satisfy the clients’ or customers’ expectation. Also, they have to make sure that their company’s operations run smoothly and effectively.

They have to look into the finance and budget of their company. They must make sure that their company conducts their business in a safe manner and that workers In their company are safe and follow environmental rules and regulations.

To get into this post they must have relevant leadership, managerial, and interpersonal skills. They must have excellent oral and written communication skills. They must loyal to the company and follow the company’s policies and procedures.

The average salary for an Operations Manager is Rs 701,361 per year. You should be good with Risk Management / Risk Control, Project Management, People Management, and Process Improvement to get a job in this post.

CAREER OPPORTUNITIES FOR PGDM GRADUATES, SCOPE, TIPS AND SALARY!

SENIOR BUSINESS ANALYST

A Senior Business Analyst has to do a variety of things depending on the myriad of issues that come up to them. Thus, a person applying for this job should have a great business mind and the ability to comprehend and process a vast amount of information that is related to the organization.

Moreover, a major key component of a senior business analyst’s position includes identifying an organization’s strengths and weaknesses and giving suggestions as to which areas they can improve.

After assessing the problem they should come up with innovative ideas to look into the requirements, specifications, business processes and recommendations to ensure their suggestion will be successful.

Senior Business Analysts also have more jobs like Collecting data through interviews, surveys, web search, database search, or other methods.

A Senior Business Analyst earns an average salary of Rs 862,699 per year. The skills that are required in a person for this post are Agile Software Development, Banking, Functional Analysis, and Requirements Analysis.

SENIOR MARKETING MANAGER

A senior marketing manager has to see marketing planning, product development, and brand management. Often they are responsible for researching target markets, planning display marketing, providing feedback into product development, and working with sales, marketing, engineering, and also to determine objective and set goals for the growth of the company.

A good senior marketing manager should think creatively and have strategically mind, they should have a good understanding of marketing principles.

The average salary for a senior marketing manager is Rs 1,235,365 per year. They should have relevant skills for this job are Microsoft Excel, Branding, Powerpoint, Product Marketing, and Advertising. Companies hire students with good communication skills and those who have relevant skills for the job as this is a higher paying job.

ASSISTANT FINANCE MANAGER

The job of an assistant finance manager is to maintain the financial stability of a business or a company. They usually work directly under a company’s financial manager and help analyze and improve the company’s financial standing.

They have to keep a check on financial reports and keep them updated. Their reports should be accurate and all transactions must be accounted for. They should be detail-oriented and should identify even a small error.

The average salary for an Assistant Finance Manager is Rs 647,820 per year. The basic skills required for this job are Business Analysis, Financial Modelling, Budgeting, Forecasting, and SAP, SAP Financial Accounting and Controlling (SAP FICO).

BUSINESS ANALYST, IT

A business analyst, IT help in improving operation that deals with information technology of a company, they analyze the hardware, software and IT that are being employed in the company.

They have to constantly look at the problems in the IT department and come up with improvements for the same, working in the IT department they should be aware of the latest trends an solutions.

The analyst must look for solutions and should change IT policies, IT structure, and IT operations and company policies accordingly, a person looking for this job should have good problem-solving skills.

An IT analyst should have a good knowledge of SQL, in order to be able to analyze data from databases, they should also be knowledgeable enough to carry out cost-benefit analyses. strong mathematical skills Presentation and report-making skills are essential in order to be a successful IT analyst.

CAREER OPPORTUNITIES FOR PGDM GRADUATES, SCOPE, TIPS AND SALARY!

The average salary for a Business Analyst, IT is Rs 584,753 per year. Experience is definitely needed for this job.

CAREER OPPORTUNITIES FOR PGDM GRADUATES, SCOPE, TIPS AND SALARY!

PROJECT MANAGER, IT

Project managers in information technology (IT) are given tasks of planning certain types of projects within a company and ensuring that they are executed the right way.

IT project managers must ensure that employees have harmony within and that they have a shared goal even if they are assigned different duties.

Problem-solving is a necessary skill that is required for this job as employees may have to look into the matters if the project is not going as planned.

The average salary for a Project Manager, Information Technology (IT) is Rs 1,321,351 per year. Skills in Oracle is required for this job.

ACCOUNT MANAGER

Account managers have to manage relationships with specific customers for their organization, including completing sales. They are required to have a thorough knowledge of the company product that they are working for and should achieve the target pitchers for the current and future clients.

They should stay up-to-date on their organization’s offerings, innovations and trends in their department and they should know how to affect clients operational needs. Account managers are required to coach, mentor and/or train new hires or more junior employees as well.

They should be proficient with basic computer programs and should be able to make effective presentations for individuals and groups. Knowledge of a second language is also preferred but not compulsory.

The average salary of an Account Manager is Rs 584,872 per year. Skills required for this field are Strategic Sales, Sales, Business Development, Financial Analysis, and Project Management. Pay may raise depending on the individual’s experience in the field.


Admission Enquiry Form


X
// Clear the error message when the user types a correct email // Validate the email