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Take A QuizCareer Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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manpreet
Best Answer
2 years ago
Master in management studies (MMS) is a two years degree course in the field of management. In India, MMS degree can be awarded by any recognized university or by a business school affiliated to any university. Post graduate Diploma in management (PGDM) is a two years Diploma course offered by the institutes that are recognized by the All India Council for Technical Education (AICTE) and which are autonomous and not affiliated to any university. It is not mandatory that a PGDM is equal to MMS or MBA. PGDM institutes accreditation by Association of Indian Universities (AIU) makes an institute's PGDM course equivalent to an MBA or MMS. There are a large number of similarities between the curriculum of both MMS and PGDM. An MMS institute follows a fixed curriculum as it will be based on the university guidelines which occasionally may not be aligned to industry requirements. Autonomous institutes do not follow university standards, so it is have the flexibility to align its curriculum according to industry standards and change in the business environment. Some of the PGDM from IIMs, XLRI etc. has more value than MMS or MBA. Students are advised to choose institute based on its ranking, not on nomenclature of degree.