Students of commerce who are planning to pursue a degree or diploma in management abroad should definitely consider a course like PGDM. PGDM, Post Graduate Diploma in Management, is a two-year diploma course which equips you with the essential skills required in the management and business industry. PGDM courses provide you with a similar range of knowledge offered in a degree like an MBA. PGDM is becoming popular among students willing to explore the stream of management further after completing their bachelor’s degree. Here, in this blog, we will bring you all the information about PGDM courses, the key elements of this course, top colleges as well as job prospects you can discover after completing this course
Key Elements of PGDM Courses
If you are confused about the components of PGDM courses, then here are some key elements of this course you will get to explore during the course:
- Human Resource Management
In this discipline, you will learn about the strategic approach towards the management of personnel in a company or an organization. Human Resource Management plays a chief role in ensuring that a company is running smoothly and the employees are also working efficiently in a comfortable work environment.
- Marketing Management
This field of study looks at efficient management of the market by the people through the process of planning, executing, pricing and promoting goods, services, and ideas. This is carried out to achieve a specific target that can differ according to the needs of a company or an individual.
- Introduction to Information Technology
In order to keep up with the current demand in the IT sector, this course has also introduced a subject that gives you a basic understanding of what information technology is all about. Studying this subject, you will develop an understanding of the dynamics of the international market in terms of the IT sector.
- Business Law
This field of study makes you familiar with various laws and consumer rights that you should know about before entering the market. These laws include various subjects such as Human Resource Management, hiring processes, Consumer Rights, Corporate Law, and Jurisdiction, etc.
With an exponential growth in the start-up culture, Entrepreneurship has become an important subject that needs to be studied under management studies. This field helps the student in understanding the basic foundations of setting up a business and getting an in-depth knowledge of risk management.
- Operational Management
Operational Management as a field of study teaches you about how to make a company work efficiently so that the processes of development, remodelling and management can work in maximizing a company’s profits. It involves monitoring the daily operations of a company and the resources utilised and bringing them to an optimum use through adopting various approaches and methods.
- Financial Management
This field of study applies general principles of management to the financial possessions of a particular company. Studying this subject helps in efficiently managing the capital and other resources of a company.
Also Read: PGDM vs MBA – An Unbiased Comparison
Top Global Colleges & Universities for PGDM Courses
There are various business schools and universities around the world that offer a varied range of PGDM courses. Here are the top colleges in the world providing Postgraduate Diploma in Management courses with a well-updated curriculum designed to meet the practical skills of the industry:
- University of Pennsylvania
- London School of Business
- Harvard Business School
- Columbia Business School
- MIT Sloan
- IE Business School
- Said Business School
- Stanford Graduate School
- National University of Singapore
- The University of Chicago
- The Fuqua School of Business
- Ivey Business School
PGDM Courses: Job Prospects
Since this course is more industry-oriented, there are numerous career opportunities to explore high managerial profiles. Here are a few job prospects that you might be interested in after completing Post Graduate Diploma in Management (PGDM):
- Administrative Officer
- Human Resource Manager
- Business Analyst
- Public Relations Officer
- Financial Manager
PGDM courses equip you with the right skill set of a management professional and offer vast opportunities to explore in the industry. If you are unsure about the right course to pursue your PG Diploma in Management, our Leverage Edu experts can guide in selecting an ideal course in your field of interest to build an incredible career in the field of management.