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, top universities offering this diploma and how it is different from MBA.
PGDBM vs MBA
A common misconception about PGDBM is that it is just a diploma. But, it is actually considered as 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 a full-fledged university. 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 the theoretical concepts while also adding practical training to the curriculum.
Also Read: Bachelor of Business Management
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 Law||Exim 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.[optin-monster-shortcode id=”xf2mlnjiouddzrshykdb”]
- Centennial College
- Thompson Rivers University
- Dalhousie University
- Georgian College
- Cambrian College
- Trinity Western University
- Douglas College
- Wilfrid Laurier University
- Sheridan College
- Trent University
Career Prospects After PGDBM
Since a PGDBM is considered as quite an equivalent to MBA programs, PGDBM can open a door of numerous career opportunities for you. Before we have elaborated some of the major prospects one can explore after completing a postgraduate diploma in Business Management:
The central responsibilities of a Business Analyst is 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.
Business Managers review the company policies and make the relevant changes required. Managers also hire the junior business consultants to expand the firm or might hire a logistics business executive to manage the shipping and supply related processes.
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.
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 level.
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
You cannot miss: Master of Management in Australia
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 with your interests and aspirations and helps you advance in your chosen career field.