India’s management profession is well-regarded as a credible and financially rewarding professional path. One of the primary reasons for its popularity and demand is that organizations seeking to hire management professionals frequently offer attractive compensation packages to students who have pursued their education at a prestigious business school. When it comes to selecting the best management degree from among the various options accessible, students must take into consideration each and every choice on the table.
The Postgraduate Diploma in Management (PGDM) appears to be the best option for those wishing to start a management profession in 2022. Institutes like ASM IBMR in Pune offer PGDM courses that enable students to transform into top businessmen and entrepreneurs.
Several factors contribute to the perception that it is superior to the traditional MBA degree. In this blog, we will discuss the top ten reasons why a Postgraduate Diploma in Management (PGDM) is the greatest and most suitable diploma for securing opportunities in the management field.
Why PGDM is the best choice for Business Professionals?
It can be tough to determine the best course of action to take in order to attain your goal. Taking courses in a business management program, on the other hand, will surely be the most effective strategy to develop your career.
Table of Content
- Entrepreneurship Skills
- Much More Specialized Compared To An MBA
- Greater Exposure
- Better Salary Packages
- Improved Syllabus
- Suitable for all Undergraduates
- Focuses more on Practical Skills
- Makes you Corporate Ready
- Helps to Build a Network
- Interdisciplinary curriculum
- Conclusion
1. Entrepreneurship Skills
An important advantage of a postgraduate diploma in management is that it instills entrepreneurial traits in students and motivates them to be self-starters, innovators, and go-getters from the very beginning of their studies. Students get a wealth of knowledge about working in and engaging with the business sector, which can lead to the development of a start-up attitude at a young age.
Students learn how to convert their ideas into reality by utilizing resources effectively, which also helps them land a job but also creates a wide range of career possibilities for others. The start-up culture in India has picked up speed in the previous decade and has benefited millions of people in a variety of ways, with the government implementing a slew of programs to assist small and medium-sized enterprises (SMEs).
2. Much More Specialized Compared To An MBA
PGDM diplomas provide more than 50 specializations, allowing students to tailor their education to their specific career goals. PGDM in Marketing Management, PGDM in Logistics and Supply Chain Management, PGDM in Financial Management, PGDM in Business Analytics, and PGDM in Human Resource Management are just a few of the many diploma specialties that people are opting for. The PGDM diploma is specialized because the course structure is more focused on practical learning inputs rather than solely on theory. PGDM is the greatest option for MBA and MIM programs.
Postgraduate Diploma in Management (PGDM) students at ASM are prepared for a wide range of professions in industry, across a wide range of functional areas.
3. Greater Exposure
An integral aspect of the curriculum for the PGDM is on-the-job training and internships, as well as fieldwork and other exposure to the business world. By the time students complete their diplomas, they will have gained a significant amount of experience.
PGDM courses are often taught by senior executives, businessmen, and corporate leaders, allowing students to receive one-on-one corporate expertise from their instructors. An MBA degree doesn’t provide students with the kind of hands-on experience they need to succeed in the business world that these prominent individuals can provide.
4. Better Salary Packages
These days, corporations prefer PGDM courses because of their emphasis on practical skills rather than theoretical ones. Higher placement tiers are associated with greater mastery of practical skills. These courses are typically offered by independent institutions that provide students with assured placement and advanced placement services. Some of these institutes also collaborate with high-paying, high-tech corporations to help students land jobs upon graduation.
5. Improved Syllabus
The syllabus of traditional MBA programs may include papers that are out-of-date in light of current market conditions. To put it another way: A professional diploma course like the PGDM is always being tweaked to include more skill-based information that can be used immediately in the industry.
To keep up with current market trends, these updates are generally recommended by famous industry executives from top management institutes like IIMs. MBA degree curriculum changes are difficult to implement since they must be approved by government regulatory agencies before they are implemented in educational institutions.
6. Suitable For All Undergraduates
Most people do not realize that graduates from any profession can pursue a PGDM diploma to advance their careers. This is the most underappreciated benefit of a PGDM certification. Having a PGDM degree can only increase your chances of being promoted to a top leadership role in any organization, no matter what your field of study is. As a graduate student, you can select an industry in which you have a strong academic background and pursue a managerial role in the companies that operate in that field.
7. Focuses More On Practical Skills
A Postgraduate Diploma in Management focuses more on the student’s real-time knowledge and expertise than on the academic structure, allowing the student to exercise freedom in their activity. A PGDM student not only learns the specific skills required for their chosen specialization, but also acquires a wide range of soft skills, communication abilities, and other competencies critical to the success of a business. Students who can accurately demonstrate these skills are guaranteed a successful career in management.
8. Makes You Corporate Ready
A PGDM program will teach you the fundamentals of today’s business world. Topics that will aid in your job advancement will be covered. Regardless of which PGDM specialization you choose, you’ll learn about a wide range of topics related to business, including corporate finance, entrepreneurship, marketing, and leadership. In this way, you can get a head start on the challenges of the corporate world and develop a rewarding career.
9. Helps To Build A Network
PGDM programs require students to participate in internships, webinars, seminars, master classes, and other networking events. Your professional network will grow exponentially as a result of these interactions.
When you connect with these people, you learn about the realities of the business world, and you’re exposed to a wide range of challenges. The information you acquire from these kinds of networking opportunities is considerably superior to what you could learn in a classroom, and it will help you better prepare for your future career goals.
10. Interdisciplinary Curriculum
The PGDM program includes coursework from a variety of academic disciplines. This course was developed by combining many fields, such as economics, management, and accounting. This was done in order to keep up with the ever-changing demands of many businesses. The PGDM program provides students with a wide range of knowledge that they need to compete in today’s environment, where students need more than just proficiency in one area.
You will be job-ready and skilled enough to meet the demands of the industry with ASM IBMRs PGDM courses, which are built in collaboration with industry giants such as IBM and SAP, among others. The institute uses a case-study approach to explain current business issues in the most practical way possible.
11. Conclusion
ASMs PGDM is the perfect choice for aspiring business professionals who want to make a difference and have a positive impact on the world. With its focus on holistic education, personal growth, and professional development, ASM provides students with everything they need to succeed in their careers. If you are ready to take your career to the next level, then join ASM IBMR now and become part of one of the best business schools in India.
