PGDM is the abbreviation for Post Graduate Diploma in Management, which is a 2-year business management course. This course mainly caters to the industrial requirements and helps the management students develop necessary hard and soft skills to transform themselves into professional managers. Only the universities recognised by University Grant Commission, UGC are permitted to award degrees. PGDM is a diploma course offered only in business schools governed by the All India Council for Technical Education, AICTE. You might be wondering whether the PGDM course in top PGDM colleges in India is equivalent to an MBA degree or not.
So today, we will discuss some important things that you need to know before choosing the correct PGDM course.
1. Check Placement Reports
A placement report is an important factor that you must select before joining any course. Every student looks for the highest, the average and the lowest salary packages offered by the recruiting companies. Most well-known institutes and colleges maintain an excellent placement report. So you have to check the list of top recruiters, the industries that you will be working for and the job profiles that they bring for the students. Additionally, you may contact alumni to see how far and where they have reached after graduating. With this, you will get an idea of how the PGDM program will actually benefit you.
2. Ranking and Accreditations
Some of the benchmark-quality accreditations awarded by National and International bodies to institutions include AMBA, AACSB, EQUIS and NBA. Various aspects like the quality of faculty, infrastructure, teaching methodology and curriculum impact the accreditations.
The ranking also plays a big role in judging the quality of the PGDM course. The ranking is usually done by private and government bodies like the Ministry Of Education.
3. Peer Group
An important part of any course is the peer group. A good group of students from different backgrounds can bring various perspectives to the classroom. You can also contact the previous students or alumni from the official website of the institute. You can ask them for reviews and about their job placement.
4. Quality of Education and Faculty
Reputed PGDM courses are known for their industry-standard quality of education. Most businesses nowadays require employees to have in-depth knowledge of emerging technology such as Machine Learning, Artificial Intelligence, Design Thinking and Business Analytics. So to stay ahead of the competition and work efficiently in an agile business environment, it is necessary that students have enough knowledge in these areas.
Additionally, the quality of the faculty should be good. The teachers should have a deep understanding of the latest industry trends and requirements and use innovative techniques to teach the students.
5. Internship and Project Opportunities
Good quality PGDM courses often offer internships and projects for the students. Various corporate offices and companies hire PGDM students as interns. They learn about the industry and the work-life and gain hands-on experience.
6. Student Exchange Programs
You also need to check whether you will be allowed to participate in international immersion or student exchange programs. In a foreign land, students will get to learn about the culture, interact with various students and therefore have a global perspective on their skills.
7. Special Courses
You also need to know whether special courses like machine learning, artificial intelligence and blockchain technology will be offered to the students or not.
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