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PGDBM

4 minute read
PGDBM

Post Graduate Diploma in Business Management is a preferred option for those wanting to dwell deeper into the arena of management with a focus on practical exposure and moving away from the same old path of an MBA. This 2-year program aims to explore varied concepts of Business and Management ranging from Business Economics to Communication and Strategic Management. It helps students integrate their understanding of organizational behaviour, psychology as well as business and communication studies to handle real-world scenarios in the world of management. Through this blog, we will take a look at the varied aspects of a PGDBM, the top universities offering this diploma and how it is different from an MBA.

Course LevelPost Graduate Diploma
Full FormPost Graduate Diploma in Business Management
Duration 2 years
EligibilityBachelor’s Degree
Examination TypeSemester
Job Positions BDM, Finance Manager, Finance Analyst, Marketing Strategist, Management Consultant

PGDBM vs MBA

A common misconception about PGDBM is that it is just a diploma. But, it is actually considered quite an equivalent to an MBA degree. The central difference between an MBA and PG diplomas like PGDBM & PGDM is that a post-graduate diploma in Management-related fields is offered by those institutions which are not yet affiliated as full-fledged universities. Hence, such institutes are not eligible for providing MBA courses. Further, the curriculum of these two programs is also slightly different. A Post Graduate Diploma in Business Management incorporates more practical exposure and an industry-oriented course structure. On the other hand, an MBA weighs heavily towards theoretical concepts while also adding practical training to the curriculum. 

Also Read: Bachelor of Business Management 

Curriculum

PGDBM aims to help students become strategic managers who can efficiently facilitate teamwork and relationship building. It grooms future business leaders to have a foundational and advanced understanding of management disciplines along with interpersonal and analytical skills to battle the increasing competition in the global marketplace. Take a look at the following subjects generally included in a 2-year PGDBM program though they may vary from one university to another.

First Year Second Year 
Business Communication Strategic Management
International Economics International Marketing 
Managerial Economics Marketing Research  
International Commercial LawExim Policies and Procedures
Economic Environment and Corporate Governance 
Principles and Practices of Management and Organizational Behaviour Financial Institution and Banking  
Management Information System International Finance 
Management in Accounting  Foreign Exchange Management
International Business Management International Logistics 

Universities Offering PGDBM 

Here is a list of major institutions that are renowned for their PGDBM programs and can provide you with the right amount of global exposure required to land you at your dream job in Management. 

Career Prospects After PGDBM

Since a PGDBM is considered quite an equivalent to MBA program, PGDBM can open a door to numerous career opportunities for you. Before we have elaborated on some of the major prospects one can explore after completing a postgraduate diploma in Business Management:

PGDBM

Business Analyst

The central responsibilities of a Business Analyst are to plan, design and organize the business activities of firms and organizations. Their role would specifically consist of controlling the funds of the company, interpreting the financial data and monitoring the fund-related reports of the company. 

Bonus: PGDM (Post Graduate Diploma in Management)

Business Manager

Business Managers review the company policies and make the relevant changes required. Managers also hire junior business consultants to expand the firm or might hire a logistics business executive to manage the shipping and supply-related processes.

Product Manager

As a Product Manager, you will be expected to handle the whole process of a product’s making from its conceptualisation and manufacturing to its advertising and marketing. They supervise these different processes at varied levels and ensure that they are carried out as per the quality standards and revenue maximization parameters set by the firm.

PGDBM

Sales Assistant Manager

Their duty is to manage and control the sales of the company across the region. They also examine the volume of sales which the other team members attain. To determine the sales, needs and requirements, potential pricing and expected services of the customers are assessed thoroughly. You would also be asked to examine the sales patterns of the company at national and international levels. 

Other than these, take a look at some more key career profiles you can discover after completing a PGDBM:

  • Data Analyst 
  • Project Manager
  • Management Consultant 
  • Business Advisor 
  • Risk Manager
  • Social Media Manager
  • Charted Management Accountant 
  • Actuarial Analyst 
  • Operational Research 
  • Sustainability Consultant
  • Business Advisor
  • Data Scientist 
  • Forensic Accountant

Also Read: Master of Management in Australia

FAQs

Is PGDM better than MBA?

Depending on your goal, PGDM might prove more beneficial than an MBA.

Is PGDM more expensive than MBA?

Depending on the college you choose, PGDM might prove more expensive than an MBA degree.

Is PGDM valid abroad?

PGDM is a valid degree for abroad.

Thus, we hope that this blog has provided you with the major features of a PGDBM course. Take the help of Leverage Edu’s AI tool to browse through a wide range of pg diploma programs available across the globe and it will help you find a suitable combination of course and university that matches your interests and aspirations and helps you advance in your chosen career field.

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