A robber enters a bank in Guangzhou in China and shouts, “ The money belongs to the state, your life belongs to you. Don’t move.” The people in the bank stand down quietly. When the robber returns home to his partner and asks him to help count the amount of cash he had looted, the other robber says, “Why waste time counting? We can just watch the news for the amount of clarification.”
This story gives us two important management lessons, i.e. creativity in execution of monotonous plans, need for experience, and how interesting and challenging Management studies are. Graduates planning their higher studies often find Management courses as the most preferred options among their peers. This is because Management studies help us achieving goals in groups and helps us use ways that best reduce costs with optimum utilization of resources. It develops leadership qualities along with the ability to establish a strong organisational structure and equilibrium. With management studies available in connection to various fields of studies and industries, this blog provides information on Post Graduate Program in Management or PGPM.
This Blog Includes:
What Does PGPM Entail?
The Post Graduate Program in Management, i.e. PGPM is a two or in some cases a one-year full-time program that is structured to help transform professionals with high potential into competent managers. It is crafted carefully to help develop business competencies, leadership skills, and effective teamwork, which is sure to accelerate individual career growth. It equips the candidates with the skills to use financial, technological, and human resources to full potential. The PGPM program stresses on the candidate’s improvement in aptitude, skills, and abilities to apply management concepts and theories to business and industry live issues.
What are the Advantages of Pursuing a PGPM?
Post Graduate Program in Management is an ideal choice for those who want to gain extensive knowledge related to the field of Management, Business, and Administration in a short span of time. Enlisted are some of the major advantages of a PGPM course:
- Lesser duration
- Specialisation options
- Scores of internship opportunities
- Extensive practical knowledge
- An excellent option for those who want to switch careers
- An opportunity for less experienced professionals to advance in their careers
PGPM Subjects and Specialisation
Imparting knowledge on various facets of the business and management sector, there are an array of subjects that you will study throughout the journey of the PGPM course. Some of them have been given a rundown below:
- Macro and Microeconomics
- Equity and Venture Capital
- Corporate Governance
- Marketing Management
- Business Frameworks
- Corporate Communication
When it comes to the specialisation options, here are the options which you can consider:
- Human Resources
- Information Technology
- General Management
Difference between PGPM and MBA
To help you better understand the difference between PGPM and MBA, here is a table highlighting the important aspects of both the courses which set them apart.
|Full Form||Post Graduate Programme in Management||Masters of Business Administration|
|Eligibility||Graduate Degree from any stream. Might require work experience||Graduate Degree from any stream|
|Available modes||Part-Time, Full Time, Distance learning||Part-Time, Full Time,
|Duration||1-2 years||2-3 years|
|Affordability||Less Affordable generally||More affordable generally|
|Careers||Managerial Profiles||Financial advisor, HR, Marketing advisor, etc.|
|Focus||Details Related to Management||Gaining Business knowledge and developing technical skills.|
|Programme||Offered by Institutes not affiliated with Universities||Offered by Institutes affiliated with Universities|
|Eligibility for PhD||No||Yes|
In order to apply for PGPM at a university in India or abroad, you need to fulfill certain prerequisites to be eligible for this course or its variants. Here are the major requirements you must know before applying for this program:
- You must have completed a bachelor’s degree from a recognized university with the minimum marks specified by the chosen institution.
- Universities offering PGPM in India will require you to submit scores of exams like GMAT, MAT, CAT, etc. and institutions like IIM also prefer candidates with work experience.
- To apply for a postgraduate program in Management or its related courses abroad, you will have to provide language proficiency test scores such as IELTS, TOEFL, PTE, etc. and many institutes might also ask GMAT or GRE scores. Along with this, you will also have to submit a Statement of Purpose (SOP) and Letters of Recommendation (LORs).
Note: The aforementioned requirements are only general eligibility criteria and actual course requirements might vary as per the program and university.
Major Universities & Colleges Offering PGPM Courses
As PGPM is more of a popular course in India, there is a wide range of universities and colleges offering this program. Its course variants are available at many universities abroad and with a plethora of specializations on offer. Pursuing a PG diploma in Management abroad can help you explore global networking opportunities as well as learn from international business leaders and experts. Take a look at the following table enlisting the major universities and colleges offering PGPM in India & Abroad.
|Top Colleges/Universities in India||Top Colleges/Universities Abroad|
Institute of Management Technology, Ghaziabad
Great Lake Institute of Management, Chennai
|University of Queensland
University of Melbourne
University of New South Wales
Australian National University
University of Guelph
University of the Arts, London
Kwantlen Polytechnic University
Completing PGPM or its related course variant, students can discover a plethora of opportunities in different sectors. Take a look at some of the popular career prospects you can consider after completing the course:
- Finance Manager
- Sales and Marketing Analyst
- Tech Consultant
- Business Consultant
- Operations Management
- Marketing Manager
- Event Manager
Employment Sectors for Graduates
There are several employment sectors for PGPM Graduates to be employed in including:
- IT Companies
- Business Firms
- Finance Units
- Educational Institutes
- Telecom Industries
- Finance Units
- Marketing Units
- Hospital Industry
- Insurance Sector
Hence, the Post Graduate Program in Management is emerging as a growing career defining field that is demanding skills and aptitude. We hope we have provided all the relevant information you require to begin your journey in Post Graduate Program in Management. In case you still have doubts about the right management course for you, Leverage Edu experts and AI system will match you with the right mentor to help you through the process.