The 2 year Post Graduate Diploma in Management (PGDM) is the leading program of Mumbai. It is intended to prepare applicants for careers in industry, across functional areas. The program prepares students with strong conceptual skills to manage businesses in an integrated way. The program develops adaptable managers who are capable of handling responsibilities in diverse business domains. The importance is on developing a holistic manager with a vision to take on the challenges of the future in a socially sensitive method. The program is also accredited by NBA and has equality to MBA given by Association of Indian Universities (AIU).
Before we move ahead on the various details related to Post Graduate Diploma in Management salary, let us first look at the major highlights related to PGDM salary mentioned in the table below:
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Particulars
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Details
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Course Name
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Postgraduate Diploma In Management
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Duration
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2 Years
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PGDM Eligibility
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Bachelors Degree
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Course Structure
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Semester Wise
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Starting Annual Salary
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INR 2 LPA- INR 5 LPA
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Admission Process
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Direct admission or merit-based using entrance examination scores
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Highest Annual Salary
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INR 8 LPA - INR 12 LPA
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Top Sectors For PGDM
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Business Administration
Operation Management
Human Resources
Brand Management
Financial Management Etc
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Top PGDM Recruiters In India
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Pricewaterhouse Coopers Advisory Services LLC, Ey LLP Consulting Practice, Accenture, etc.
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What is the Average Post Graduate Diploma in Management Salary?
The salary depends on the years of experience gained after PGDM in India. Other factors like the type of work you do plays a major role in determining what kind of salary students can expect from employers. These placement options will help students choose an MBA business career in the future. The average annual salary of a PGDM is between INR 8 LPA and INR 12 LPA.
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Job Role
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Average Salary
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Business Consultant
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INR 4.3 LPA
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Marketing Manager
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INR 4.2 LPA
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HR Manager
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INR 3.82 LPA
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PR Officer
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INR 3 LPA
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Finance Manager
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INR 5.5 LPA
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Brand Manager
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INR 10 LPA
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International Sales Manager
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INR 5 LPA
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Post Graduate Diploma in Management Salary
PGDM salary is a vital factor that needs to be considered since payment is one of the key aspects that students consider when investing in higher education. Depending on the work profile and area of specialization, PGDM candidates can get an average PGDM salary between INR 4 LPA to INR 10 LPA. It is a famous fact that the salary after completing a PGDM course depends on numerous parameters like the industry in which the aspirant selects to work, the type of PGDM course pursued by the candidate, the work and corporate experience the applicant possesses, etc. There are numerous areas where an students can build a career after completing a Post Graduate Diploma in Management degree course.
Areas like Finance, Marketing, Human Resources, and Supply Chain are some of the most standard areas of business management that candidates tend to work in after a PGDM course. The PGDM salary for job in each of these sectors will vary vastly from one organization to another depending on the type of work that applicants are responsible for and also the industry standards. That being said, it is of utmost reputation that aspirants do their research regarding the PGDM salary they will be allowed to after completing a PGDM course.
Since PGDM program is expensive and there is investment in terms of time and effort as well apart from finances, candidates should make sure they get the appropriate returns at the right time. Candidates must also make sure that they consider the salary offered by PGDM jobs that they will obtain through placement drives before they apply for PGDM admission at a particular college.
The PGDBM salary for the graduates can vary according to the specialization the candidates decide to pursue. Factors affecting PGDBM salary in India include experience, location, and discipline. Graduates can increase their salaries through internships and internships as they gain experience.
Post Graduate Diploma in Management Colleges Mumbai Fees for 2 years
Check PGDM Colleges Mumbai in List of Best PGDM Colleges Maharashtra
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Name of College Mumbai
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Fees for 2 years
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Gurunanak Institute of Management Studies, Mumbai
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7,00 lakhs
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MKES - Institute Of Management Studies and Research
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3.95 Lakh
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Welingkar Institute of Management Development & Research
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13 lakhs
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SP Jain Institute of Management and Research
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19.00 lakhs
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NL Dalmia Institute of Management Studies & Research
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13.20 Lakh
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Bharati Vidyapeeth Institute of Management Studies & Research
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4.90 lakhs
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K. J. Somaiya Institute of Management Studies and Research
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18.78 lakhs
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IES Management College and Research Centre
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9.12 Lakh
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Deviprasad Goenka Management College of Media Studies
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1.2 lakhs
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St. Francis Institute of Management and Research
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6.55 Lakh
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Kohinoor Business School Mumbai
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6.10 Lakhs
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UKS Institute of Management Studies and Research
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4.90 lakhs
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Durgadevi Saraf Institute of Management Studies
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4.73 lakhs
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Maratha Mandir’s Babasaheb Gawde Institute Of Management Studies , MMBGIMS Mumbai
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4.48 Lakhs
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Atharva Institute of Management Studies
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8.20 Lakh
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H K Institue of Management Studies & Research
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2.70 Lakh
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Aditya Institute of Management Studies and Research
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2.84 Lakh
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education
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1.36 Lakhs
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Sir M Visvesvaraya Institute of Management Studies and Research
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4.00 Lakhs
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Chetana’s Institute of Management and Research, Mumbai
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7.85 Lakh
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MET Institute of Computer Science Mumbai
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9.90 Lakhs
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VES Institute of Management Studies and Research
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N/A Lakhs
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Sasmiras Institute of Management Studies and Research
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3.30 Lacs
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Indian School of Management and Entrepreneurship
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10.45 Lakhs
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Universal Business School
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8.48 Lakhs
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Post Graduate Diploma in Management Eligibility
- Minimum 50% at the graduation level from any recognized university.
- For pgdm admission applicant need Score in one of the following national/international level entrance tests such as CAT, XAT, CMAT, GMAT, MH-CET, MAT, ATMA.
- Personal Interview
- Note that admission to the offered programs is not guaranteed even if one satisfies the eligibility conditions.
Post Graduate Diploma in Management Course Duration
PGDM course is a 2-year program. Nevertheless, it may slightly differ in a few institutes.
PGDM Course Entrance Exams
There are many entrance exams available for candidates who want to pursue PGDM.
Some of the most popular PGDM entrance exams are:
- Common Admission Test (CAT)
- Management Aptitude Test (MAT)
- Graduate Management Admission Test (GMAT)
- Xavier Aptitude Test (XAT)
- All India Management Association - Common Admission Test (AIMA-CAT)
PGDM Specializations
As you already know, a PGDM Program offers so many specialization options.
Choose a specialization that aligns with your career goals.
Here are some of the most popular Post Graduate Diploma in Management 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
Post Graduate Diploma In Management Private Colleges
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Institute Name
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Fees
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Welingkar Mumbai - Prin LN Welingkar Institute of Management Development and Research, Mumbai
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14 Lakhs
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SPJIMR, Mumbai
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24 Lakhs
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CIMR Mumbai - Chetana's Institute of Management and Research, Mumbai
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8.30 Lakhs
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IES MCRC Mumbai - IES's Management College and Research Centre, Mumbai
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9.02 Lakhs
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TIMSR Mumbai - Thakur Institute of Management Studies and Research, Mumbai
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Not Mentioned
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St Francis Institute of Management and Research, Mumbai
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6.31 Lakhs
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NLDIMSR Mumbai - NL Dalmia Institute of Management Studies and Research, Mumbai
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14.70 Lakhs
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GNVSIOM Mumbai - GNVS Institute of Management, Mumbai
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6 Lakhs
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Thadomal Shahani Centre for Management, Mumbai
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5.50 Lakhs
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Kohinoor Management School, Mumbai
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7 Lakhs
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Vivekanand Business School - Vivekanand Education Society's Business School, Mumbai
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6.79 Lakhs
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Vidyalankar School of Business, Mumbai
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6.50 Lakhs
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MET Institute of Post Graduate Diploma in Management, Mumbai
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11.05 Lakhs
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Aditya School of Business Management, Mumbai
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7.91 Lakhs
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Top Government post graduate diploma in management colleges in Mumbai with fees
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Institute Name
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Fees
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IIM Mumbai (NITIE) - Indian Institute of Management Mumbai
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10.57 Lakhs
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VAMNICOM Pune - Vaikunth Mehta National Institute of Cooperative Management, Pune
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9.17 Lakhs
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Suryadatta Institute of Management and Mass Communication, Pune (SIMMC Pune) - Suryadatta Institute of Management and Mass Communication, Pune
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Not Mentioned
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Post Graduate Diploma In Management Syllabus
Semester I
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SR. No
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Core Courses
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1.
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Business Perspective
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2.
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Business Communication Skills
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3.
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Financial Statement Analysis
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4.
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Business Statistics and Analytics (Using Excel)
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5.
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Business Economics
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6.
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Financial Products and Markets
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7.
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Marketing Management
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8.
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Organization Behaviour
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9.
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Artificial Intelligence and Robotics Process Automation
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Semester II
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SR. No
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Core Courses
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1.
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Entrepreneurship Management
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2.
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Business Research Methodology (including projects)
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3.
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Human Resource Management
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4.
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Corporate Finance
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5.
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Consumer Behaviour
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6.
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Equity Markets & Valuation
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7.
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Campus to Corporate (Workshop Mode)
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8.
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Data Analysis and Decision Making
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9.
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Strategic Management
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10.
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S.H.A.R.E
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Why Pursue Post Graduate Diploma in Management?
Post Graduate Diploma in Management is considered as one of the most in-demand course amongst the scholars who want to do their careers in the management field. With a degree in PGDM students will not only have the chance to work across top organizations across managerial levels but also will have well-paid salary packages as compared to other management degrees.
- Specialised Course:
- Industry Centric:
- Lucrative Course:
- Pursuing a Successful Corporate Career:
- Personality Development:
Who should Pursue a Post Graduate Diploma in Management?
- Students who want to work in management can opt for PGDM
- This course promises high salaries to those who can manage and lead Individuals with good leadership skills should try PGDM courses
- Since PGDM accepts students from all disciplines, it provides students with a great opportunity to compare their careers with the fields they are interested
- Many students go for a Post Graduate Diploma in Management course to advance to a managerial or administrative position or to shift their occupation. You should not do both at once, as it’s possible to spread also thin – not having the work experience in the novel position to back it up.
- PGDM online and PGDM distance education is available for almost every student or professional. This helps students or professionals who are short on time and money.
- Professionals with high work experience have the chance to move up the ladder since PGDM Colleges do not separate on the basis of age.