Salary after PGDM is no bar for eligible candidates
Have you ever come across any offer in an email or in any other kind of media which states that salary is not a bar for the right candidates. This means you can earn as much as you want, provided, you have all the necessary qualifications and skills.
PGDM courses used to be quite popular among youngsters due to job security but in the current scenario, PGDM courses are making a splash in the job industry.
With the changing time, PGDM courses are evolving at the best. Over a period of time, most of the PGDM courses are adopting new tools and technologies that are essential for students so that they can be job-ready.
Before joining any course, students often live-in a dilemma whether this course will push them towards the desired goal or dream of my life or not?
Second but the most important thing that comes in everyones mind is how much money will I earn after completing the course? These are very common questions among new students.
Here, we are providing you an average salary structure for a PGDM graduate.
Salary at the entry-level:
Salary varies from one institute to another. While top-B schools of the country can help you in getting a job that earns you crores but if you can not get into them, dont worry, you can have a decent salary in an average college at a very entry-level. For example, students of SRM college can earn up to 6 lakh per annum and the average salary of a PGDM student is appx 3.50 lakh per annum.
After completing your PGDM, you can easily get a sustainable job. Entry-level jobs could pay you less but they are the entrance gate of your dreams.
Salary at the junior level:
After completing 2-3 years of your job profile, you can be promoted to manager of various teams. Depending upon your skills and learning abilities, you may handle a team independently.
If you have a deep desire to learn and grow than salary will definitely be not a bar for you. PGDM degree can work as a ladder to your dream job and dream salary. Its up to you, how far do you want to go by using the ladder.
On and average after completing 3-4 years, a junior level management student can earn up to 10-15 lakh but again it varies from one company to another. Some companies are giving their stock shares to employees, so it quite depends on your company.
Salary at mid-level:
Once you reach the mid-level experience, you would have gained enough experience. Nothing can beat experience, so by now, you must be aware that what do you want from your career?
At mid-level, a manager has to handle more teams. More responsibilities bring more salaries.
If you have a great start, you could get a very good salary at this level.
Most companies treat mid-level people as their invaluable assets, so depending upon the profit of your company, the average salary varies from 20-30 lakh.
Once again, you must have a clear idea that salary will never be a bar for the right candidates. So, keep learning, keep growing and keep dreaming.
Few factors that influence salary structure:
Though the salary is not a bar for the right candidates, there are few important factors that can impact your salary. Lets take a look.
College does matter:
Definitely, your choice of college can impact your future. Before getting admission to any college, try to find out about previous years placements, the highest salary offered in campus selection and what is the average salary offered during campus visits of the companies.
Your skills:
College can provide you a platform from where you can reach your goals but its up to you, how far do you want to go. Its your sheer hard work and choices that can drastically, enhance your salary.
Your stream:
Your stream also matters in your career. Choose your stream in PGDM courses according to your interest. Some streams have a higher entry-level salary while others may have a slow start but higher projection.
The conclusion is, salary is not a bar for the right candidates slogan could be fitted in your life too, just you need to enroll in the PGDM course of your choice and work hard.
Good luck !!!