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Level Up Your Career with a PGDM: The Value of a Diploma in Management

Boost your career with a Diploma in Management

Finding the right professional career can be a confusing thing, especially with so many fields to
choose from. In fact, more than two-thirds of the world’s population is unsure about their career.

Let’s assume that you are interested in the fields of business and management. A postgraduate
diploma in management can be a great option for you. Maybe you have heard something about
PGDM. Maybe that is the reason you decided to click on this blog.

PGDM is an amazing course that can train you both theoretically and practically in the field of
business and management.

If you want to know more about the PGDM course, you are in the right place. In this blog, we are
going to discuss why a two-year course in PGDM can be the right choice for your career.

Table of content
1. What is PGDM?
2. Advantages of studying PGDM
2.1. Industry knowledge
2.2. Networking Opportunities
2.3. Internships and Projects
2.4. Better Job Opportunities
2.5. Entrepreneur skills
3. Conclusion

What is PGDM?

PGDM stands for “Post Graduate Diploma in Management.” In technical terms, it is a specialised, postgraduate-level, professional qualification programme in management and business administration.

The full form of PGDM creates a lot of confusion among the students as it is a diploma course. All we can see is that you should not be worried that PGDM is not a degree course, as only universities can hand out degrees and not private business schools, but we can assure you that this won’t have any impact on the recruitment process.

The next common question is why PGDM over MBA, as both of them are courses related to business and management. Well, PGDM covers everything MBA covers, but MBA does not cover everything that PGDM does. PGDM is a more practical-based course where the curriculum changes constantly so that students are always aware of the latest knowledge. Just for comparison, MBA programs have been using the same curriculum between 1989 and 2014, while we at Thakur Global Business School change our curriculum annually so that students are aware of the latest developments. Our PGDM course list includes Finance, Marketing, HR, and Operations.

Advantages of studying PGDM

1. Industry knowledge

One of the most crucial advantages of a PGDM course is the amount of practical knowledge it provides the student. We have mentioned above how their curriculum changes annually, and having practical knowledge about the latest trends makes students ready for the real world.

Along with technical knowledge, PGDM courses also focus on soft skills and communication skills, which are extremely essential during the interview process and then to effectively communicate with your colleagues.

2. Networking Opportunities

As PGDM is a balance of theory and practical information, institutes conduct many guest lectures and seminars for students. These events are a good opportunity for students to meet industry experts and communicate with them. Networking can not only help you gain knowledge in your field but can also help you find internships and jobs in the future.

For example, if an industry expert from a reputed organisation comes for guest lectures, you must ensure to at least ask a few questions. If they are impressed, they may refer you to their organisation.

If you are interested in learning how you can easily network with people, you must definitely read this blog on ‘How to Network the Right Way’ by Forbes.

3. Internships and Projects

Internships and projects play an important role in a PGDM degree because they are crucial components of experiential learning. These hands-on experiences bridge the theoretical and practical divides, allowing students to apply what they’ve learned in real-world circumstances. Internships expose students to industry dynamics, professional networks, and the opportunity to obtain insights into their chosen disciplines. Projects, on the other hand, which can range from corporate consultancy to research assignments, promote critical thinking and problem-solving abilities. Check out this blog post to learn ‘9 Best Ways to Find an Internship.

4. Better Job Opportunities

Management is an evergreen field. Here, human knowledge and judgement are more important than AI tools; therefore, there are plenty of job opportunities for students studying PGDM. As students already have a lot of practical knowledge, they are ready to face the real world.

PGDM students also usually get high-paying jobs because of their curriculum and the industry exposure they gain in their two-year journey.

At TGBS, top companies visit our campus for interviews. Being a PGDM course in Mumbai helps, as the city has ample PGDM course job opportunities for students of all specialisations.

Here we can also add a testimonial from an alumni if we can get one from them.

5. Entrepreneur skills

India has seen a rise in startup culture, and the Indian government is doing everything it can so that startups can sustain and grow. PGDM courses make students capable of both working as employees and employers. The course is designed to make sure that the students are well trained to become future entrepreneurs. The course teaches you entrepreneurship skills like leadership and how to write business plans.

At TGBS, we conduct guest lectures that can help students inculcate entrepreneurship skills. ‘Startup Environment in India’ and ‘Good to Great: Best Practices to Start Early for Future Leaders’ were two of the best lectures that helped us plant a seed of entrepreneurship in our students’ minds. You can visit our website to check out our curriculum, faculty members, and events.

Conclusion

The benefits of earning a Postgraduate Diploma in Management (PGDM) are extensive and far-reaching. This educational path provides students with the knowledge and skills they need to succeed in the fast-paced world of business and management. The benefits extend far beyond the classroom, providing a springboard to a bright career, increased earning potential, and the possibility to take on leadership roles. PGDM programmes promote personal and professional development by equipping students with the knowledge and skills needed to overcome difficult issues and make sound decisions.

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ABOUT AUTHOR
TGBS Mumbai

Thakur Global Business School (TGBS), managed by Zagdu Singh Charitable Trust (ZCT) offers Post Graduate Diploma in Management (PGDM). PGDM is TGBS’s 2-year flagship program approved by AICTE, DTE & Govt. of Maharashtra.

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About

Dr.Nilesh Gokhale is the Director(I/C) and a Professor of Marketing with a total experience of 22 years spread across Academics, industry and Research.

An Engineering graduate himself, Dr. Gokhale is an MBA and holds a Doctorate in Marketing from Pune University. Dr. Gokhale has authored 3 textbooks and published several research papers in national and international journals of repute indexed in SCOPUS and Web of Science. His areas of interest include Brand Management and Consumer Behaviour. Dr. Gokhale is a Ph.D guide and is also on the Board of studies of reputed institutions. He has conducted corporate training programs and has also worked as a Brand consultant.

About

Dr. Shuchi Gautam is working as Deputy Director and Professor of Finance at Thakur Global Business School. She is a qualified Chartered Accountant with a master’s and a bachelor’s degree in Commerce. She holds a doctorate degree in Financial Management from Savitribai Phule Pune University. Her Ph.D. research concentrated on Mergers and acquisition deals of selected pharmaceutical companies. She has a total experience of 18 years in academia and industry

Her research passion is focused on topics that include Corporate Restructuring, Mergers & Acquisitions, Financial Planning, and Financial Markets. Her research expertise is reflected through a series of publications in financial, and business-related reputed journals.

She has contributed articles to premier business publications and has also presented her intellectual contributions at various national and international conferences.

She has received Distinguished Service awards from AIMS International for her significant contribution towards management education.

She has pursued several Management Development Programmes and training in areas of Finance for Non-Finance, Financial Planning, and Retirement Planning.

About

Prof. Kinjal Manani is a faculty in the area of Finance. She has done her MBA in Finance She has more than 8 years of experience in academics and industry. Her area of interest and expertise is Financial Markets, Security Analysis, Portfolio Management, Investment Decisions etc. She has taught courses in PGDM Finance such as Security Analysis and Portfolio Management along with Financial Markets and Investment Oriented Courses and She has published research papers in 5 journals of repute. Her industry experience is in the field of Corporate evaluation and rating as a Business Analyst.

About

Prof. Jaideep Dasgupta is a faculty in the area of Finance. He is an MBA(full-time) from NMIMS (Mumbai) and is currently pursuing his Ph.D. from XLRI Jamshedpur. He has 5+ years of experience in the banking industry with reputed banks such as ICICI Bank and HDFC Bank in core finance profiles related to financial modeling, credit appraisal, new client acquisition and digital banking. He has 3.5+ years of experience in the field of academics. His area of interest is in Financial Technology (FinTech), Educational Technology (EdTech), Data Analytics, Financial Modelling, Wholesale and Retail Banking. He has taught courses for PGDM related to Project Finance, Wholesale Banking, Retail Banking, Financial Technology, Python Programming, Financial Markets, Institutions and Services and Business, Financial and Economic Analysis.

About

Prof. Gayatri Ravi Magi is a faculty in the area of Finance. She is an MBA and specialized in Finance Domain. She has more than 4 years of experience in academics and industry. Her area of interest and expertise is Soft Skills and Statistics. She has taught courses in Business Communication, Economics , Statistics and Research Methods. She has published research papers and book reviews in 2 journals of repute. Her industry experience has been as Financial Analyst with Insync Analytics and Trading Operations Analyst with Indian Clearing Corporation Limited (Subsidiary of Bombay Stock Exchange).

About

Prof. Darshana Pednekar is a faculty in the area of Finance. She is a CMA (Cost and Management Accountant). Also have done PGDM and GDCA. She has more than 11 years of experience in academics. Her area of interest and expertise is Financial Accounts and Financial markets. She has taught courses in PGDM. She has published research papers and book reviews in 2 journals of repute.

About

Dr.Stuti Sahni is a faculty in the area of Marketing She is an MBA with a Ph.D. in Marketing . She has more than 11 years of experience in academics and industry. Her area of interest and expertise are Marketing Management, Integrated Marketing Communication and Legal Aspects of Business. She has taught courses to MBA and PGDM students. She has published 15 research in journals of repute and also has published 2 books in areas of Tourism Marketing and Management

About

Prof. Bhushan Padval is a faculty in the area of Marketing. He has completed MMS in Marketing from University of Mumbai and is UGC-NET qualified. He has more than 16 years of experience in academics and industry.

His area of interest and expertise is Marketing in general and Product & Brand Management in particular. He also has a special liking for Economics and Current Affairs. He has published research papers in ABDC and other journals of repute. His industry experience is in Electronics, Telecom & IT sector.

About

Prof. Ajit Mahendra Maurya is a faculty in the area of Operations and Supply Chain Management. He is an MBA/PGDM pursuing a Ph.D. in Operations and Supply Chain Management. He has more than 7 years of experience in academics and industry.

His areas of interest and expertise are Operations, Supply chain management, and Analytics. He has taught courses like Logistics and Supply Chain Management, Advanced Supply Chain Management, Enterprise Resource Planning, Total Quality Management, Operations Management, and Current Affairs Analysis. He has published research papers and books in the Journal of Management and Entrepreneurship (XIME), and Innovision-NL Dalmia, journals of repute. His industry experience is in the fields of Oil and Gas sector as a design engineer and as a research associate in the market research fields of chemicals and materials.

About

Dr. Shiny Colaco is a faculty in the area of Human Resource Management. She is an MBA in Human Resources with a Ph.D. in Human Resources. She has more than 6 years of experience in academics and industry. Her area of interest and expertise is Human Resource planning, Learning & Development. She has taught courses across PGDM which includes HR specialization and other domains. She has published research papers and book reviews in 7 journals of repute.

About

Prof. Ritu Kashyap , is a faculty in the area of Marketing. She is an MBA from Nagpur University She is currently pursuing her Ph.D. She has more than 20 Years of experience in academics and industry.

Her area of interest and expertise is Marketing & HR. She has taught courses BMS & BAF in Mumbai University, with subjects in Marketing & HR. She has published research papers in 15 journals of repute. Her industry experience is in the Marketing & administration of various Banks Profile & Network companies, like Vodafone, Citi, GE Countrywide, IDFC first, SBI etc.

About

Prof. Surabhi Gawade is a faculty in the area of Finance. She has done her Master of Commerce from Mumbai University and has completed her MBA in Finance and is also an Inter-CA. She is currently pursuing her Ph.D. in the Management under University of Mumbai. She has more than 6 years of experience in academics and industry. Her area of interest and expertise is Financial Accounting, Financial Market, Financial Literacy and Financial Management along with a keen research interest in the field of Sustainable Development Goals and ESG Investing. She has taught a variety of courses to students of Finance and other domains. She has published a wide range of research papers in the field of finance and has also participated as a paper presenter at various national and international research conferences. With her demonstrated experience in the field of finance, she is a unique blend of leadership, management and public speaking skills with an optimistic and goal-oriented approach towards work.

About

Prof. Anuja Roy is a faculty in the area of Marketing & is a Soft Skill Trainer. She has done her PGDM in marketing and is a certified NLP Trainer. She has more than 20 years of experience in academics and industry. Her area of interest is soft skills. She has taught courses in marketing and grooms' students towards Corporate Readiness. She has published research papers in journals of repute and has presented Case studies in International Conferences. She has conducted more than 250 workshops in the area of Etiquette & Grooming. Her industry experience is 12 plus years.

About

Prof. Jonita D'costa is a faculty in the area of Finance. She has done her B.Sc. in Statistics from St. Xavier's College, Mumbai and has completed her MMS in Finance. She is currently pursuing her Ph.D. in Finance. She has more than 3.5 years of experience in academics and industry.

Her area of interest and expertise is Financial Planning, Wealth Management and Business Statistics. She has taught courses to both MMS and PGDM students of Finance and other domains. She has published research papers and book reviews in ABDC, Scopus indexed and UGC Care journals of repute. Her industry experience is in the Wealth Management space with a more focused exposure to Financial Advisory.

About

Prof. Prateek Shrivastava is a faculty in the area of Operations He has done his B.E in IT and has completed his MMS in Operations he is currently pursuing his Ph.D. in Applied Management Sciences.. He has more than 10 years of experience in academics and industry.

His area of interest and expertise is Operations, logistics, and the adoption of technology in the supply chain. He has published research papers and book reviews in around 3 journals of repute. His industry experience is in the services Industry - with a more focused exposure to service operations.

About

Dr. Divya Jain is a faculty in the area of Human Resources.She is an MBA (DAVV) & Dip. in T&D (ISTD) with a Ph.D. in Management. She has more than 12 years of experience in academics and industry. Her areas of interest and expertise is Organizational behaviour, Emotional Intelligence, Trends in HR. She has taught courses HR Metrics & Analytics, Learning & Development, HRM, Competency & Performance Management, Organizational Behaviour & Business Communication to mention a few. She has published research papers and book reviews in 5 journals of repute. She is presently working on the book "Learning & Development". Her industry experience is in the area of Talent Acquisition & HR Operations.