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Mohit Dhulia
The PGDBM (Post Graduate Diploma in Business Management) is an experienced industry postgraduate diploma program in business administration. The program provides applicants with expert knowledge, abilities, and competencies in access control organizational functions, as well as professional opportunities in a variety of fields. A Bachelor’s degree in any area from a recognized institute or organization is the basic requirement for the PGDBM program. To really be acceptable for the curriculum, students must have an exam score average of at least 50% at the undergraduate level. Renowned qualifying tests like the CAT, XAT, GMAT, CMAT, MAT, and others are used to admit students to PGDBM colleges. The average tuition for a full-time PGDBM program ranges from INR 50,000 to INR 20,000.
PGDBM graduates often work as sales executives, business advisors, corporate administration, financial consultants, accountants, sales representatives, and other professions. A student pursuing the PGDBM program can expect to earn anywhere between INR 3 LPA and INR 15 LPA on average.
The qualifying criteria for a PG Diploma in Business Management are quite equivalent to those for an MBA. The qualification conditions for each university and institution, however, differ. A PG Diploma in business management is available to candidates with a variety of educational backgrounds. Students must comply with the regulations and fulfil the minimum entry requirements in order to be eligible for a PG Degree in Business administration Management:
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| Course Type | Post Graduate Diploma |
| Full-Form | Post Graduate Diploma in Business Management |
| Duration | 2 Years |
| Examination type | Semester |
| Eligibility | Bachelor’s Degree |
| Admission Process | Entrance Based & Merit Based |
| Course Fee | INR 50,000 – 20,00,000 |
| Average Salary | INR 3 – 15 LPA |
| Top Recruiting Companies | AB InBev, Accenture, Bain & Company, Boston Consulting Group, BYJUs, Capgemini, Cognizant, Coca-cola, CISCO, Deloitte, Dell, Edelweiss Tokio, EY, Google, Flipkart, Goldman Sachs, HCL, HDFC, IBM, Infosys, JP Morgan, L&T, McKinsey, PWC, Wipro, etc. |
| Job Positions | Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Marketing Strategist, Business adviser, Data analyst, etc. |
Students of the PGDBM program are taught the business foundation as well as the effectiveness of various corporate models. The curriculum program will provide you with good decision-making strategies to help you develop organizational skills and expertise and operate any firm at a deep level, maximizing its profitability and functionality. Students entering the profession in business studies with a higher degree of accountability and type of employment should enroll in this PGDM program. Students might find a variety of entry-level positions in the field of business management after completing this course.
Students of the PGDBM program are taught the business foundation as well as the effectiveness of various corporate models. The curriculum program will provide you with good decision-making strategies to help you develop organizational skills and expertise and operate any firm at a deep level, maximizing its profitability and functionality. Students entering the profession in business studies with a higher degree of accountability and type of employment should enroll in this PGDM program. Students might find a variety of entry-level positions in the field of business management after completing this course.
The below are some of the factors why several candidates opt to study PGDBM:
Each college and university has its own admissions process for the PG Diploma in Business Management. Whereas most colleges have entrance-based admissions criteria, a few universities provide merit-based and work-experience-based admissions. Students interested in pursuing a PG Diploma in Business Management at one of ‘s finest MBA schools should review the following information carefully:
The PGDBM admissions procedure is based on national-level entrance examinations such as the MAT, CAT, CMAT, GMAT, XAT, and others.
After that, qualified candidates will be chosen based on a group discussion and PI/WAT.
Several universities also offer the united to candidates for such PGDBM programs, whether on a rank or management quota basis.
CAT: The CAT is one of the most well-known and well-received managerial standardized tests. Once a year, one of the IIMs (Indian Institute of Management) holds a nationwide Common Admission Test (CAT) for enrollment to the best management institutions across the country.
XAT: Another prominent exam for enrollment to widely accepted degree courses in India is Xavier’s Aptitude Test. In India, the admission exam is recognized by 163 institutions. To secure their admittance, students who pass the entrance exam must participate in the GD-PI process.
SNAP: The Symbiosis Nationwide Assessment Online Test is a national entry requirement for management degree admissions. The exam is recognized by 16 symbiosis institutions as well as other business colleges around the country.
IIFT: For admission to its several management degree programs, the Indian Institute of Foreign Trade holds a university-level entrance examination. The institution is considered one of India’s premier management schools.
NMAT: The Narsee Monjee Aptitude Test, which is administered by GMAC on behalf of the Narsee Monjee Institute of Management, is another top entry exam. The NMAT is a nationwide test that lasts two hours and is recognized by all Indian colleges.
Because the PG Diploma in Business Management standardized tests are among the most rigorous, the following advice should be taken into account: To include all of the themes, planning must begin well ahead of time. The exams will assess a person’s reasoning abilities, data interpretation abilities, verbal abilities, general knowledge, and so on. Logical and mathematical topics must be well studied. Verbal ability, data interpretation and numerical skill, strategic planning, logical reasoning, and general knowledge will all be tested.
Students must study for the examination with correct instructions, the appropriate study materials, and perseverance. Students must undertake practice rounds with mock tests, mocks & questionnaires, and model assessments to familiarise themselves with the exam format ahead of time. Candidates can then analyze their mistakes and enhance their effectiveness by developing a strategy for taking the entry exam more successfully.
Students must acquire to properly divide their time so that they can solve 180-200 problems in two hours, which equates to around a minute per question. Aspirants must be familiar with mathematics tips, methods, and shortcuts. It will help you save time when it comes to revisions. Make it a practice to keep up with the newest news and read the newspaper on a regular basis to improve your general understanding. Topics about general knowledge and current events are frequently posed in entrance tests, as well as in individual interviews and group discussion rounds. The paper also highlights topics such as history, geography, fundamental science, and entertainment.
This PGDMB course is for students entering the profession in business administration with a higher amount of responsibility and type of employment. Candidates might find a variety of entry-level positions in the context of management after graduating from this course.
Applicants with a PG diploma in business management must possess a variety of skills, including a strong interest in management and business. Some of the important abilities for business applicants include communication skills, as well as quantitative reasoning. The management admissions process looks at a student’s whole profile, which necessitates being an all-rounder.
| Analytical and Critical thinking skills | Interest in Business and Management |
| Managerial Skills | Observation skills |
| Strategic mindset | Leadership skills |
| Decision-making skills | Awareness of market and products |
| Communication skills | Time management |
For the PGDBM degree, a considerable proportion of candidates select distance learning. A distant PGDBM programme is offered by NMIMS Global Access School for Continuing Education. The usual distance learning fee for a PGDBM is INR 43,000. The PGDBM program takes two years to complete at a distance. A Bachelor’s degree from a recognized university/college is required to attain a PGDBM from a distance. According to the institution’s eligibility criteria, students are admitted mostly on basis of marks obtained or admission.
| University | Location | Average Annual Fees (INR) |
|---|---|---|
| NMIMS Global Access School for Continuing Education | Mumbai | 43,000 |
| MIT School of Distance Education | Pune | 63,000 |
| Symbiosis Center for Distance Learning | Pune | 55,000 |
As per the NIRF Ranking, the following are among the top institutes in India that provide a PG Diploma in Business Management:
| College Name | Average Annual Fees in INR |
|---|---|
| Vinod Gupta School of Management | 4,00,000 |
| Xavier Labour Relations Institute | 11,50,000 |
| Symbiosis International University | 6,75,500 |
| Narsee Monjee Institute of Management Studies | 48,200 |
| Shoolini University | 1,50,000 |
| University of Jammu | 25,000 |
| Maharaja Sayajirao University of Baroda | 23,100 |
| NIMS University | 60,000 |
| UBS Karjat | 10,98,000 |
| TBS Jammu | 57,049 |
| RNTU Bhopal | 50,000 |
| TSCFM Mumbai | 7,00,000 |
| RBS Mumbai | 3,45,000 |
| IIMS Pune | 1,20,000 |
| NIRM Bangalore | 1,10,000 |
| SIM Pune | 35,000 |
| NAMS Mumbai | 25,000 |
| AIM Nagpur | 45,000 |
| SSIMS South Goa | 3,37,000 |
| HBICM Ahmedabad | 32,107 |
Consider the following tips in consideration if you want to get into one of the best PGDBM schools:
To get into a high college, make sure your Bachelor’s degree grades and performance on mandatory entrance examinations are remarkable. The better your grades, the more likely you are to be accepted into a prestigious PGDBM program. Students must study for the aptitude test with correct instructions, the appropriate study materials, and perseverance. Analytical and quantitative topics must be thoroughly learned.
Students must also be psychologically ready for the PI round and the written test, as both can result in rejection. It would indeed be beneficial if you had prior experience in a particular field.
The best institutions in the world for PGDBM programs are listed below.
| College Name | Average Annual Fees(INR) |
|---|---|
| University of West London | 13,74,278 |
| University of North Texas | 11,62,133 |
| University of South Florida | 23,87,843 |
| University of Leicester | 20,49,515 |
| University of South Australia | 43,24,981 |
| University of Bristol | 27,68,405 |
| University at Buffalo | 18,19,984 |
| Curtin University | 16,68,206 |
| Stanley College | 5,51,782 |
| Centennial College | 9,96,000 |
Several of the basic and key PG Diploma in Business Management topics that every aspirant should study during the course are listed below, organized by semester.
| Semester I | Semester II |
|---|---|
| Management Theory and Practice | Business Communications |
| Organizational Behaviour | Essentials of HRM |
| Marketing Management | Business Law |
| Business Economics | Strategic Management |
| Financial Accounting and Analysis | Operational Management |
| Information System for Managers | Decision Science |
| Semester III | Semester IV |
| Organizational Theory Structure and Design | Corporate Finance |
| Cost and Management Accounting | Sales Management |
| Consumer Behaviour | Entrepreneurship and Venture Capital Management |
| Digital MArketing | Business: Ethics, Governance & Risk |
| International Business | Research Methodology |
| – | Project |
Students of the PGDBM program have a wide range of job choices after graduation. Professionals can work in areas such as IT, Banking, Advertising, Skills training, Consultancy Services, Leisure and Hospitality, Aviation, FMCG, BFS, Business Development, Accounting, Economics, Marketing, Sales, Finance, Human Resource, and so on in multinational corporations. The following are some of the primary job descriptions linked with the PGDBM, together with the typical salary:
| Job Type | Job Description | Average Annual Salary |
|---|---|---|
| Business Development Manager | The business development manager is in charge of expanding the company’s sales by recognizing new sales leads, strikeout services or goods to new customers, promoting strong working relationships with the customers, informing prospective clients of new product developments, and overseeing the company’s marketing development. | INR 6.2 LPA |
| Marketing Manager | In an organization, the marketing manager is in charge of overseeing the promotion and positioning of a brand or products and services. Marketing managers create numerous marketing programs and tactics in order to attract more clients to buy from the company and to boost brand awareness. | INR 7.4 LPA |
| Finance Manager | Financial managers are in charge of an organization’s financial health and are responsible for preparing financial reports, capital raising, straightforward financing decisions, portfolio management, dividend distribution, hedging and managing foreign exchange and product lifecycle variances, and working to develop policies and tactics for the organization’s long-term financial goals. | INR 9.98 LPA |
| Business Analyst | A business analyst is capable of identifying business needs through the creation of a complete business analysis, which outlines company problems, opportunities, and solutions. Planning tools, controlling and implementation, analysis reports, pricing, reporting, and other tasks are all part of the budgeting and forecasting process. | INR 6.5 LPA |
| Product Manager | During the Product Life Cycle stage, they are in charge of product planning and execution, as well as developing the product vision, gathering and prioritizing technology and criteria, manufacturing, sales, marketing, and customer satisfaction. | INR 20.51 LA |
| Bain & Company | Boston Consulting Group | BYJUs |
| Capgemini | Cognizant | Deloitte |
| Edelweiss Tokio | Goldman Sachs |
Individuals with a PG Diploma in Business Management have a wide range of options after graduation, including starting their own business, working for a global corporation, traveling overseas, and joining an international organization, among others. Because it is a diploma program, a candidate can pursue a master’s degree, such as an MBA, after completing the PGDM.
Students can also pursue a doctorate in management. It is a globally recognized doctoral qualification that candidates can pursue if they want to advance their careers. For greater employment opportunities, PGDBM graduates can choose to specialize in a certain subject. Students can also become entrepreneurs by starting their respective consultancies, corporate organizations, and so forth.
PGDBM students have several placement chances, and it is one of the finest diplomas in terms of salary and ROI (Return on Investment). Individuals with less than a year of expertise can easily earn at least Rs. 3 lakh per annum. Applicants can expect to earn around 5–6 lakh per year after obtaining expertise for roughly two years. For a specialist with more than five years of experience, the going rate is roughly 15-16 lakh per year.
The following is a list of prominent career opportunities for those who have completed a PG Diploma in Business Management.
Business Development Manager: The business development manager is in charge of a number of important aspects of a company. They aid in the expansion of a company by locating and creating new sales leads, as well as pitching items or services to new customers. They also aid in the maintenance of a positive working connection with customers, as well as the communication of new product innovations to potential customers in order to boost corporate growth.
Product Managers: They are in charge of all product-related tasks such as development, execution, creating the product concept, gathering and prioritizing product needs, engineering, and sales, among other things. They make certain that targets are met and that quality requirements are satisfied.
Marketing Manager– The marketing manager is responsible for the management, promotion, and placement of a company’s brand, products, and services. Marketing executives assist their companies in acquiring more clients by employing a variety of tactics. They also use creative techniques to help raise brand recognition.
List of Top Hiring Companies
Eligible applicants with a PGDBM degree have a wide range of options, including starting their own business, working for a multinational corporation, traveling overseas, and joining an international organization, among others.
Students can operate as Business Development Managers, Financial Analysts, Business Administrators, Finance Managers, Product Managers, Marketing Managers, Management Consultants, Sales Managers, Data Analysts, and other top job positions.
The PGDBM admissions procedure is based on national-level entrance exams such as the XAT, CMAT, CAT, GMAT, MAT, and others. After that, suitable individuals will be chosen based on a group discussion and PI/WAT. Some universities also offer direct admission to students for PGDBM programs, either on merit or administrative quota basis.
Graduates with a PGDBM degree will be well-prepared for high-paying executive or managing positions such as Business Consultant, Financial Adviser, Corporate Administrator, Finance Officer, Marketing Director, Sales Director, Production Manager, Sales Manager, Data Analyst, and so on.
A PGDBM degree prepares students for administration, trade, or corporate finance positions by providing them with skills, competencies, and extensive knowledge of management’s major functional areas.
Xavier Labour Relations Institute, Narsee Monjee Institute of Management Studies, Vinod Gupta School of Management, Maharaja Sayajirao University of Baroda, Symbiosis International University, etc
Some of the most common specialties available in the Post Graduate Diploma in Business Management are business management, finance, sales and marketing, analytics, accounting management, human resource management, and international business.
A two-year Post Graduate Diploma in Business Management is divided into four semesters.
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