What is the difference between PGDM and MBA?

manpreet Best Answer 2 years ago

.

manpreet 2 years ago

PGDM is offered by all the Indian Institutes of Management (Iims) and other top B-Schools such as XLRI Jamshedpur and SP Jain Mumbai offer PGP or PGDM courses. Most of these institutes are autonomous bodies (not affiliated to any University) and conducts their own management course. MBA is offered by institutes affiliated to universities. PGDM course is designed by individual institutes, whereas MBA course is designed by University. Both MBA and PGDM courses have common core subjects. However, some experts claim most MBA courses focus more on theoretical and technical aspects of management rather than adopting a practical approach. PGP or PGDM courses have an industrial orientation and focus on skills based on market requirements. It has been observed that most MBA courses have lower tuition fees as compared to PGP or PGDM courses. This may be so because mostly government approved universities offer MBA degrees. These universities receive financial aid and grants from the government, making the degree cheaper for the student. In case of a PGP or PGDM degree, students have to bear the cost of the entire programme. However, this is not an ironclad rule. There are MBA degrees which charge high tuition fees.