5 Popular PGDM Specialisations Everyone Should Know

What is a PGDM Course?

PGDM is an acronym for Post Graduate Diploma in Management. A PGDM program is a two-year business management program offered by AICTE recognised autonomous Business Schools. PGDM courses cater to all the requirements of the management industry and transform management aspirants into industry-ready management professionals. 

It is to be noted that PGDM is a diploma course and not a degree since universities under University Grants Commission have the authority to award degrees. When it comes to career prospects, both MBA and PGDM have equal value in India and abroad. Unlike MBA, PGDM courses are more industry-oriented and focus more on industry experience.

Placement options are high for PGDM courses and thus, have a very reputed nature. A PGDM from a recognized institute is of great value and secures a job with a good salary. PGDM specialisations are vast and some of the examples are:

• PGDM in Information Technology
• PGDM in Entrepreneurship  
• PGDM in Human Resource Management 
• PGDM in Supply Chain Management
• PGDM in Sales and Marketing 
• PGDM in Business Analytics 
• PGDM in Digital Marketing 
• PGDM in Hospitality Management 
• PGDM in Banking and Finance Management
• PGDM in International Business

Highlights of a PGDM Course

Here are the highlights of the PGDM course you should check out.

Course duration	2 years
Examination type	Semester or Trimester System
Course Eligibility	Bachelor’s degree in any stream
Admission Process	Direct admission/based on the entrance examination
Entrance Examination	CAT Exam, GMAT Exam, MAT Exam, CMAT Exam, NMAT Exam, XAT Exam, ATMA Exam
Average Course Fee	Rs. 1 lakh to Rs. 20 lakh
Top Colleges	ASM IBMR Pune, SPJIMR Mumbai, XLRI Jamshedpur, MDI Gurgaon, IISWBM Kolkata, etc
Job Positions	Marketing Manager, Human Resource Manager, Sales Manager, Finance Manager, Account Manager, Advertising Manager, etc.
Top Recruiters	McKinsey & Company, Bain & Company,  The Boston Consulting Group, Deloitte Consulting, EY LLP Consulting Practice, Booz Allen Hamilton,  Accenture, etc.

Why Should You Pursue a PGDM Course?

• A PGDM course will provide endless learning and professional growth in the management career.
• It will develop your hard skills and soft skills and help you turn into management professionals.
• A PGDM course with International Business specialisation can help you run an export-import business efficiently. 
• It will improve the hands-on corporate experience and will enhance your interpersonal skills.
• PGDM course specialisation makes a candidate eligible for the respective managerial positions and boosts career growth.
• A PGDM course increases networking opportunities and develops connections and networks with fellow professionals.

Who Can Do a PGDM Course?

• Participants from any discipline can apply for the PGDM program.
• Freshly graduated candidates, as well as candidates with relevant work experience, can pursue the course.
• There is no set age limit for taking the PGDM course. 
• The candidates must secure a minimum of 50% aggregate marks or equivalent in their Bachelor’s degree.
• Past academic performance in 10th, 12th, and graduation, CAT/XAT/GMAT/CMAT score, college specific requirements and marks for the personal interview will be checked during admission.

PGDM Course Curriculum 

The curriculum for PGDM encompasses core subjects as well as elective subjects: 

Core Subjects	Elective Subjects
Macroeconomics	Digital Marketing
Business Statistics	Financial Statement Analysis
Business Law	Web and Social Media Analytics
Marketing Research	Logistics and Supply Chain Management
Marketing Management	Strategy Execution including Economics of Strategy
Productions and Ops Management	–
Management Information System	–
Financial Accounting for Decision Making	–

5 Popular PGDM Courses or Specialisations

The five most popular PGDM specialisations have been mentioned below: 

1	PGDM in Supply Chain Management	Covers topics like Marketing Management, Production Management, Principles of Logistics, Managerial Economics, Shipping and Maritime Law, and many more. The average annual income starts from Rs. 7 lakh..
2	PGDM in Business Analytics	Trains the candidates in the fields of business analysis practices, tools, and techniques to deliver relevant insights from the data collected, extracted and analysed. The average annual income is in between Rs. 5 lakh and Rs. 12 lakh per annum.
3	PGDM in Entrepreneurship	Provide in-depth understanding of enterprise creation, enterprise growth, and management, encouraging participants’ thinking, ambitions, and applied learning experiences. The average annual income starts from Rs. 5.8 lakh per annum.
4	PGDM in Finance	Helps broaden their knowledge of financial management topics such as working capital management, international finance, and merger acquisition, among others. The average annual income can increase up to Rs. 15 lakh per annum.
5	PGDM in Human Resource Management	Provide eligibility, suitability, and competent HR professionals with sufficient knowledge of business to all industrial sectors. The average annual income is between Rs. 2 lakh and Rs. 15 lakh per annum.

Now, you may have understood what a PGDM course is and which specialisation you should consider while joining a PGDM program. Choose a specialisation considering your strengths and build a successful career!

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