PGDM in Mumbai: PGDM is a 2 year post graduate diploma program which gives practical knowledge of business management. PGDM in Mumbai is very much similar to MBA and both are post graduate management programs. PGDM in Mumbai are more industry focused while MBA are more theoretical in approach.
The basic eligibility criteria need to pursue a PGDM course is that of applicants having cleared their graduation across any discipline (preferably from commerce or management background) with an aggregate score of minimum 50% or above from an equivalent CGPA from a recognised university. PGDM Admission is typically based on many management entrance exams like MAT, CAT, XAT, and SNAP.
PGDM in comparison to MBA or other management courses is pursued at a bigger scale for the fact that the PGDM Syllabus is more market and industry-oriented. It follows up-to-date trends in the market and molds its syllabus accordingly.
PGDM in Mumbai: Course Details
| Course Duration |
2 years |
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Eligibility
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Graduation across any discipline (preferably commerce or management) with 50% aggregate score
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Admission Process
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Entrance Exams followed by GD / PI rounds
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Course Fees (INR)
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4,00,000 – 10,00,000
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Average Salary (INR)
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10 LPA – 14 LPA
|
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Top Recruiters
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McKinsey & Company, The Boston Consulting Group, Bain & Company, Deloitte Consulting, Booz Allen Hamilton, PricewaterhouseCoopers Advisory Services LLC, EY LLP Consulting Practice and Accenture
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Job Profiles
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Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer and Marketing Executive
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About PGDM Course Mumbai
Post Graduate Diploma in Management (PGDM) is a management degree course with a more practical approach and industry focused course curriculum. The whole course structure of a PGDM course is pretty similar to that of MBA. The main goal of the course curriculum is to impart management training programs amongst scholars by following up with rigorous case studies and seminars to prepare them as per the industry values.
Why Pursue PGDM in Mumbai?
PGDM is considered as one of the most in-demand course amongst the candidates who want to do their careers in the management field. With a degree in PGDM students will not only have the opportunity to work across top organizations across managerial levels but also will have well-paid income packages as compared to other management degrees.
- Specialised Course: Compared to other courses, PGDM courses in Mumbai study a deeper level of technical understanding of the givem task. A few of the popular PGDM courses offered to students are PGDMs in supply and logistics, marketing management, financial management, business analytics, human resource management, and many more. Main industry components that are not included in MBA courses are introduced to students in PGDM courses.
- Industry Centric: Compared to MBA degrees, PGDM courses offer more focus on industry-centric subjects. This is because the curriculum and routine process for MBA courses remain the similar from year to year. However, PGDM courses have yearly variations in their curriculum because of shifts in the market. These courses keep candidates ahead of other out-dated education techniques that have been used for years by helping them study the facts and get an understanding of the present market conditions. The PGDM programme is a great choice for those who want to pursue business because it highlights horizontal rather than vertical abilities.
- Lucrative Course: PGDM courses are lucrative because they offer highly sought-after skills that employer’s value, boosting the likelihood that a scholar will find work. PGDM programmes have increased prominence and drawn interest from graduates looking for employment in the industrial sector. This is because the program's skill-based approach allows students to pursue lucrative and well-paying career choices. The PGDM's skill-based courses help students in developing their talents prior to graduation, enhancing their employability and demand.
- Pursuing a Successful Corporate Career: A PGDM degree is extremely valued in the corporate segment and is regarded as having more potential than an MBA degree. Because the courses offered in this degree are specialised and skill-based, PGDM courses provide as a direct pathway into the business sector. Nevertheless, in order to get the same outcome, an MBA degree needs more coursework than a PGDM. As they help students in selecting a appropriate career from their highly sought-after specialisations during the academic year, PGDM courses in Mumbai serve as self-contained career counsellors.
- Personality Development: Compared to other regular degree courses these courses increase students success rate by preparing them to face challenges in the industry. PGDM enhances students critical thinking, communication and leadership skills and lays the foundation for better and more accurate decision making.
Who should Pursue a PGDM in Mumbai?
The list of qualified students who can pursue PGDM course in Mumbai are listed below for your reference.
- Candidates who want to pursue a career in Management can choose PGDM Course.
- This course promises a high salary for folks who can lead teams and manage them. Individuals with high leadership capabilities must try in PGDM Course
- Since PGDM accepts candidates from all courses, it provides a huge opportunity to the students to shift their career into something that might interest them.
- Many students go for a PGDM course to enhance to a managerial or administrative position or to shift their career. You should not do both at once, as it’s possible to spread too thin – not having the work experience in the fresh position to back it up.
- Almost any student or working professional can do a PGDM Online and PGDM Distance education. This supports the students or professionals with time and financial constraints.
- Professionals with hefty work experience have the chance to move up the ladder since PGDM Colleges do not distinguish on the basis of age.
Types of PGDM in Mumbai
Because of a surge in the demands of PGDM courses, there are different specializations available for the students to choose from the different kinds of PGDM courses offered. For example, a Professional who wishes to pursue a PGDM course to move up the ladder in the organization can go for part time PGDM course or PGDM Online course whichever might be suitable for him/her.
| Types of PGDM
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Eligibility
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Admission
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Fees
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Full Time
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Bachelor’s Degree with 50% marks
For IIM 60% marks
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Entrance Based
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INR 4,00,000 – 10,00,000
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Online
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Bachelor's Degree
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Merit Based
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INR 10,000 – 15,000
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Distance
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Bachelor's Degree
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Entrance Based
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INR 30,000 – 50,000
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PGDM Course Duration
PGDM course is a 2-year program. Nevertheless, it might slightly differ in a few institutes.
PGDM Subjects
PGDM curriculum can be separated into 4 semesters. The curriculum is as per Industry standards and norms which supports the student to be job ready and get good placements. The first semester and Second semester cope with mostly theory and core subjects. There is a necessary internship during the course to help the students get accustomed to the challenges and needs.
PGDM Syllabus
The two components of the PGDM course structure are a required set of courses that cover all the fundamentals of management and an elective set of courses designed to help students develop the skills and knowledge necessary for particular jobs.
A semester wise breakup of the PGDM Syllabus is tabulated below.
| PGDM Subjects Semester I
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Management Functions & Behaviour
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Human Resource Management
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Economic and Social Environment
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Introduction to Information Technology
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| PGDM Subjects Semester II
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Operations Management
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Marketing Management
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Quantitative Techniques for Managers
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Managerial Economics
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Strategic Management
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-
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| PGDM Subjects Semester III
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Marketing Management (MM)
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Financial Management (FM)
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International Business (IB)
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Human Resource Management (HR)
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Operations Management (OM)
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Information Systems (IS)
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Insurance Management (IN)
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-
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| PGDM Subjects Semester IV
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Business Law & Corporate Governance
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International Business
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Management Information Systems
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Research Methodology
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Project Work
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-
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PGDM Specializations in Mumbai
As you already know, a PGDM Program offers many specialization options in Mumbai.
Select a specialization that fits your professional objectives.
Here are some of the most popular PGDM specializations:
• PGDM in Data Science & Business Intelligence (PGDBA)
• PGDM in Entrepreneurship and Innovation (PGDEI)
• PGDM in Financial Management & FINTECH
• PGDM in Marketing Management
• PGDM in Human Resource Management
• PGDM in Supply Chain & Logistics Management
• PGDM in Tourism & Hospitality Management
• PGDM in Hospital & Healthcare Management
• PGDM in Agri-Business Management
• PGDM in Sports Administration & Management
• PGDM in Digital Transformation & Digital Business Management
PGDM in International Business
PGDM in International Business is of 2 years, providing complete knowledge and training in the field of international business and its associated aspects. PGDM in International Business can be obtained from colleges in Mumbai such as the Indian Institute of International Trade, Asian Business School, etc.
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Average Fees
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INR 4,00,000 – 10,00,000
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Average Salary
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INR 4 LPA – 10 LPA
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PGDM in Operations Management
This course aims to offer skills to individuals to allow them to deliver brilliant services in the minimum time and low cost. PGDM in Operations Management is pursued by professionals and scholars who want to learn the different competencies related to the smooth and best working of the operations department.
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Average Fees
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INR 3,00,000 – 10,00,000
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Average Salary
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INR 4 LPA – 8 LPA
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PGDM in Business Analytics
Analytics is considered as a vital part of any organization. PGDM in Business Analytics offers to train students and deliver knowledge in terms of business analytics practices, tools, and techniques in order to provide deeper information from the data collected, extracted, and analyzed.
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Average Fees
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INR 4,00,000 – 12,00,000
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Average Salary
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INR 6 LPA – 12 LPA
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PGDM in Marketing
This course covers all the features related to Marketing Management, Marketing Research, etc. PGDM in Marketing teaches students to enhance the market value of the company or a product with the help of many strategies and tools.
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Average Fees
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INR 4,00,000 – 8,00,000
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Average Salary
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INR 7.55 LPA – 11 LPA
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PGDM in Finance
PGDM in Finance is for students who are interested to learn about the different facets of financial management such as working capital management, international finance, and many more. PGDM in Finance is also helpful in analysing the expenditures thereby making balance sheets and analysing many concepts of cost minimizations.
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Average Fees
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INR 5,00,000 – 10,00,000
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Average Salary
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INR 8 LPA – 20 LPA
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More PGDM Specializations are:
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PGDM in Biotechnology
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PGDM in Retail Management
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PGDM in Business Entrepreneurship
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PGDM in E-Business
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PGDM in HR
PGDM in HR is a 2-year master degree program designed for the applicants who are looking to pursue a career in PGDM human resource management. The program provides students with the skills and knowledge need to manage human capital in an organisation.
The main topics covered in PGDM HR program are Human Resource Information Systems, Performance Management, Human Resource Planning, Training and Development and Compensation Administration.
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Average Fees
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INR 4,00,000 – 8,00,000
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Average Salary
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INR 5 LPA – 9 LPA
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PGDM in Supply Chain Management
A postgraduate program in supply chain management, the PGDM can last one or two years, depending on the candidate's application. They are essential to every kind of business, including government agencies, retailers, third-party logistics providers, manufacturers, and service providers.
A blend of manufacturing of goods and services, design, production, and management. The movement and storage of raw materials, inventory for work-in-progress, and finished goods from the point of origin to the point of consumption are all covered by PGDM supply chain management.
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Average Fees
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INR 5,00,000 – 12,00,000
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Average Salary
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INR 7 LPA – 12 LPA
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Skills Required for PGDM Degree
A PGDM course in Mumbai needs students to have a huge range of skills, including
- Analytical skills
- Communication skills
- Problem-solving skills
- Teamwork skills
- Leadership skills
- Business knowledge
- Research skills
- Computer skills
- Foreign language skills
PGDM Admission Process 2024
PGDM Admissions takes place on the basis of entrance exams led by national bodies, institutes, or a group of institutes. After qualifying these exams, applicants are called for further rounds like written test, group discussion, and personal interview. Final admission is provided to applicants based on their performance in these rounds.
PGDM Eligibility Criteria Mumbai
Candidates seeking admission must have a Bachelor’s degree in any course with at least of 50%, from any recognized college or institute. But in the case of elite institutions like IIM, a minimum of 60% or 6.5 CGPA on the scale of 10, must have been scored at the graduation level.
There is no age limit as such, to pursue this course.
PGDM Admissions 2024 in Mumbai
- The eligibility criteria for PGDM courses is a Bachelor’s degree from a recognized university with 50% aggregate marks or CGPA
- PGDM Entrance Exams: CAT, MAT, XAT, GMAT, SNAP, CMAT, ATMA
- PGDM colleges with applications open are AIIM (Gujarat), Amity University, FMS Delhi.
- PGDM is a professional 2 years degree course in management stream, which is offered by top colleges such as IIM, IIT, FMS (Delhi), XLRI.
- PGDM Admission fees ranges between 1 Lakh - 20 Lakhs
- According to academicians, candidates should choose the right B-School that can an edge over the rest even after scoring 99% in CAT
PGDM Entrance Exams
The most accepted PGDM Entrance Exams in all over India are CAT & MAT. Other entrance exams are typically limited to a particular institute or state.
PGDM Salary
The table below shows the PGDM salary range in Mumbai, India:
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PGDM Salary Range
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Amount
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|
Highest Salary
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INR 7.7 LPA
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Lowest Salary
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INR 1.6 LPA
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Average Salary
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INR 3.6 LPA
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Listed below is the PGDM salary in India:
|
Designation
|
Salary
|
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Business Consultant
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INR 9.86 LPA
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Marketing Manager
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INR 7.15 LPA
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HR Manager
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INR 7.15 LPA
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PR Officer
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INR 3.01 LPA
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Finance Manager
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INR 9.99 LPA
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Strategic Manager
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INR 10.84 LPA
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Brand Manager
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INR 10.55 LPA
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International Sales Manager
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INR 10.80 LPA
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PGDM Colleges in Mumbai
| College Name
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PGDM Fees (INR)
|
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MKES - Institute Of Management Studies and Research
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7,90,000
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Shailesh J Mehta School of Management
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4,88,100
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WESCHOOL, Mumbai
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11,00,000
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National Institute of Industrial Engineering
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5,98,000
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SP Jain Institute of Management and Research
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17,50,000
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NMIMS
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10,42,000
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KJ Somaiya Institute of Management
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7,81,785
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Amity University, Mumbai
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5,15,000
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National Institute of management
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40,700
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BITS school of Management
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24,50,000
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Kaizen school of Management
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30,900
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The Second Wind
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12,00,000
|
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NAMS
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59,900
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TIMSR
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63,790
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PGDM in Mumbai FAQs
Which is the best institute for PGDM in Mumbai?
According yo many source MKES Institute of Management Studies and Research is the best college in Mumbai.
What is the fees of PGDM in Mumbai?
PGDM fees in Mumbai range between INR 10,000 - INR 13,00,000 for Complete course.
Is PGDM better than MBA?
In contrast to MBA courses, which are primarily theoretical, PGDM courses are focused on the industry. PGDMs place a greater emphasis on industry exposure, mentoring, and grooming initiatives. With PGDM programs, the placement services are also more stringent. So, if you want to pursue good salary options, a PGDM course from a reputable institution is usually a good choice.
Which PGDM course is best?
These are the top 5 of India's most popular PGDM Specialisations: Data Science and Business Intelligence Entrepreneurship and Innovation to Financial Management and FinTech, Marketing Management, and Human Resource Management.
What is PGDM salary?
Pgdm Candidate salary in Mumbai ranges between ₹ 1.8 Lakhs to ₹ 8.0 Lakhs with an average annual salary of ₹ 3.6 Lakhs.