PGDM Colleges in Mumbai

The growth in population, the instability of global economies, the boom in commercialism and the exceptionally high standards of top companies of the world for their employees, all this has created a marked need for higher studies in order to achieve success in one’s career. These days, management studies are considered a backbone for any managerial designation in the business sector of the industry. This may be the reason why not only fresh graduates, but also executives working in some of the well-known companies of the country are now pursuing their management degrees from the top B schools in India. The B schools in metropolitan cities of the country are especially in the limelight. In fact, some of the PGDM colleges in Mumbai are highly regarded and are successful in attracting many foreign students as well in the bargain. 

If we survey the management colleges in the larger cities of India, it may come to our attention that there are a large number of courses and programs being run each year. Some of these programs are specific and aim at achieving the highest level of competency for the student by the end of term. While many may argue that the best course in management is the Master of Business Administration (MBA), there are other courses that are more apt for students that wish to learn specifications about the fields they wish to venture in. Some of these programs are the Post Graduate Diploma in Management e-Business (PGDM), e-empowered Management & Business Administration (eMBA) – Finance (Banking and Insurance), Masters in Management Studies (MMS), Master of Business Administration (MBA), Post Graduate Diploma in Foreign Trade (PGDFT), and the like. 

If the PGDM program seems to suit you best, the first step would be to find a good B school to consider for admission. Some of the aspects to take under scrutiny while choosing a college for such higher studies are the kind of reputation and ranking it has in the educational circles, its history and profile, they type of faculty it employs and their qualifications and proficiency, the sort of infrastructure it provides to the students, the learning environment created in the college, the educational and student culture, placement records, etc. Choosing the B school with these factors in mind may help you make the right decision.

Another major decision you will have to make is about your specialization. Specializations of this program in PGDM colleges in Mumbai are Marketing, Finance, Human Resources, and Operations, Systems, Insurance and even Banking & Insurance. It is most crucial to take up the specialization according to the career path you wish to pursue. A wrong decision in this respect may affect your work satisfaction for years to come, hence take your time to decide on the subject. You could talk to some of the professors for guidance in case you feel confused.

Diploma in Management

Out of all the post graduate courses in Management that are available in the country today, the most popular among students are the Master of Business Administration (MBA) and Post Graduate Diploma in Management (e-Business) with specializations in Marketing, Finance, Human Resources, and Operations & Systems. It may be imperative to seek admissions in a college, where this program is approved by the All India Council for Technical Education (AICTE) and recognized by the government of Maharashtra. This approval goes a long way, when it comes to finding a high paying job in a well-known company. Today, companies are on a constant lookout for talented freshers, but to make certain of the professional delivery, companies pay special attention to the B school of the candidates and its reputation, and also the course they pursued and its recognition.

Typically, the Post Graduate Diploma in Management program is spread over four semesters, which integrates introductory and advanced e-commerce techniques with the classical management inputs both for analysis and solution of business problems faced in the fiercely competitive global business world of today. While the first two semesters deal with building the strong foundation needed for advanced learning, the students are introduced to relevant e-business tools and solutions in the following terms. In the first two semesters students cover topics, such as business communications, introduction to business mathematics, managerial economics, marketing management, management accounting, financial management, research methodology, legal aspects of business, operations management, organizational behavior, marketing applications & rural marketing, Indian & global economic environment including BRIC / ASEAN countries, etc.

By the end of the course students start to appreciate the current business practices and delivery systems of the industry, feel ready to face the competition and challenges of the high pressure professional scenario, be competent enough to jump right in the middle of things. This end result is managed through the specific design of the program and the modules it covers. In addition to this, there is a marked emphasis on the delivery of all critical inputs in core areas of management, which is done by using interactive learning platforms and techniques like outbound training, role play, case studies, workshops, innovative classroom teaching, seminars that consist of industry experts that share their experiences, factory visits, scenario building, and so on, to help students realize their potential.

Programs like Post Graduate Diploma in Management (PGDM) and Master of Business Administration (MBA) are designed to shape the students in such a way that they feel completely capable of meeting all the challenges and problems of the globalised e-empowered economy. Eligibility for both these courses is the same. It may be wise to do a little research on the B schools you are considering beforehand, in order to not be disappointed on a later date.

MBA Institutes in Mumbai

There was a time when good grades at graduation from a well-known university were enough to get students a decent job. This scenario has changed completely in the last decade or so. With competition at its peak in every walk of life, most students know the need a little something extra to give them an edge over others. A degree in management from a celebrated college can give you this edge. A few of the MBA institutes in Mumbai today are rated among the top B schools of India for Management studies. With more and more students realizing the importance of a Post Graduate Degree, such courses are gaining imperative priority, especially for aspirants who want to excel in the corporate world. One of the plus points of this degree is that it is open for students from all fields of education, may it be engineering, commerce, arts, etc, as long as they have acquired 50% or more marks in their last year, and have passed out from a recognized university.

 A Master of Business Administration or Master in Management Studies Degree is deemed as the most popular business qualification around the world today. This may be the primary reason why even professionals are now opting for such courses. With many top B schools offering part time Management courses especially designed to accommodate working professionals, this population of the country is definitely taking advantage of the opportunity presented to them. In a place like Mumbai, the fast growth of commercial establishments and privatization has created a marked increase in demand for management professionals. The companies that are always on the hunt, aim to find freshly graduated MBA/MMS students that are innovative thinkers, have good multi-tasking skills, excellent interpersonal skills, awareness about the changing trend of the global market, enough knowledge of the present economical market situation, and management skills to deal with any type of issues that may arise during work.

 Staying in line with the basic rule of demand and supply, the top b schools of the city have taken upon themselves to bring into shape the future leaders of the corporate world. The courses are designed keeping the students’ future and larger market picture in mind, and institutes strive to provide every necessity for the student. This includes things like employing the best possible faculty, offering state of the art infrastructure, providing educational material and implementation methodologies, exposure to the industry through hands-on learning methods and experience, case studies and project work, internships, campus interviews, and much more. These B schools also make great efforts to expose the students to international and effective business links that can broaden their outlook and enhance competency.

Today, professionals having a MBA or MMS degree to their name have made a forte for themselves in the corporate and business world. And it is not just about an overview degree, when it comes to MBA studies. There are many MBA institutes in Mumbai that offer specializations like finance, human resources, marketing, operations, mass media, etc, for those of you interested in specific fields. You can easily search online for courses that you may be interested in. It is advisable to be very thorough about your research, before you decide on the right college or B school for your studies, as many corporate companies these days also consider the institute’s rank, affiliation, credibility and education standard as a factor for employment. Thus, it may be best to go through official B school websites, talk to students studying in that college, make an appointment with one of the professors if possible, carefully go through the course modules, personally check out the college’s infrastructure, ranking, placement record and ambiance, and consider the fee structure and feasibility.