Thursday 10 July 2014

The Myths about PGDM Colleges

 Post Graduate Diploma in Management or PGDM is usually a two year full time course ideal for fresh graduates, working professionals, or those wanting to get back to studies after a break to kick-start a new career. There is a lot of confusion hovering around the discrepancy between Masters of Business Administration or MBA and Post Graduate Diploma in Management or PGDM. Well, the main difference between the two is that MBA is a degree and PGDM is a diploma. The institutes and management colleges, which offer PGDM courses, are autonomous bodies that are not affiliated with universities. They have different types of accreditation but they are stand alone institutes that do not require any permission to update their syllabus and faculty from time to time.

Here are some common myths about PGDM courses:

1. PGDM courses not have as much value as MBA degrees: Now this one is absolutely untrue. Some of the most renowned colleges in India offer PGDM courses. Depending on the course you choose and the institute you get into, a PGDM can be extremely rewarding for your career.

2. PGDM is not valid for further, higher education: A PGDM done from an accredited university is valid and accepted in all international universities. So, you need not worry at all about your diploma not being recognized if you do decide to work or study abroad.

3. An International university will make the student take another exam with just PGDM: Nope, you are safe here. Even if the international university is unaware of the diploma concept, all you need to do is obtain a AIU – a certificate known as Association of Indian Universities. This additional certificate will ensure a secure admission in international institute of your choice.

4. You cannot obtain a student loan for PGDM: You can very well apply for and be eligible for a student loan for PGDM as long as you do your paperwork properly; which would be the case with any type of loan.

5. You cannot get a government job with a PGDM: Wrong again. As long as you are the right match for the available position, you can get a government job on your diploma.

So there you have it. As long as you have verified the authenticity of the institute, you are good. Now, let’s look at some of the benefits of doing PGDM:

1. PGDM is offered by autonomous institutes, which have liberty to change and update their curriculum as per industry standards without waiting around for approvals.

2. PGDM can offer amazing infrastructure facilities, state-of-the-art classrooms and top level faculty. In short, PGDM from the right institute will ensure amazing exposure to the industry of your choice in a word class environment.

3. PGDM may offer courses in industry verticals, which may be impossible to find in degree colleges. So you can actually specialize in a niche of your choice and get the right environment and syllabus for it.

As a student, you must always keep your options open and gather as much background information as possible. PGDM courses will help you launch your career in the corporate world in the industry of your choice. In this highly competitive world, it is very important to be passionate about your work; arming yourself with the right knowledge for your passion area is like icing on a rich chocolate cake.

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