Diploma in Management: Course Details, Eligibility, Admissions, Syllabus, Jobs And Salary 2023

Diploma in Management is a full-time course that focuses on management fundamentals. Diploma in Management focuses primarily on key management topics such as HR management, marketing management, finance management, accounting, communication skills, organisational behaviour, entrepreneurship and other elective subjects.

The course is covered in four semesters, and varies from a minimum of 1 year to a maximum of 2 years. 

Admissions to Diploma in Management are carried out by merit of bachelors examination. Students need not undertake any university entrance examinations, but some colleges may hold their own exams that are followed by group discussions and personal interviews.

Check: Diploma in Management Course Colleges

The average fee for a course ranges from INR 7,500 to 40,000. 

Graduates who have successfully completed their Management Diploma programme have greater opportunities to study in the areas of Business, Entrepreneurship, Marketing, and Operations. 

Candidates are also eligible in the stream to take up a master's degree. The average remuneration of candidates who have completed this course ranges from 3 lakhs per year to 7 lakhs per year, subject to experience and qualifications.

Diploma in Management Course Highlights

Course Level Diploma
Duration 1 - 2 years
Examination Type Semester System
Eligibility Graduation in any stream from a recognized university or college
Admission Process Merit-based / Entrance based
Course Fee INR 7,500 to 40,000
Average Starting Salary INR 3 to 7 lakhs
Job Positions Business Analyst, Marketing Manager, Business Consultant, Production Manager, Human Resource Manager, Management Accountant, Research and Development Manager, Business Management Executive, Finance Manager, Information Systems Manager

Why should you get a Diploma in Management?

Diploma in Management typically provides training in human resources, finance or marketing for those who want extensive training in management areas of business.

Students who seek management training will become leaders in a variety of industries through studies that may include project management, encouragement, training and growth, budgeting, financial planning, or marketing and promotions.

Diploma in Management Admission Process

  • The candidates need to apply for colleges and choose a diploma in management as the course.
  • Normally there is no entrance exam but some institutions conduct an internal examination for selection.
  • Then the candidates need to appear for Group Discussion (GD) and Personal Interviews (PI) based on which the qualifying candidates are selected.

Diploma in Management Eligibility

  • Candidates applying for Diploma in Management must possess a graduation degree in any discipline with an aggregate of 50% marks and above.
  • Candidates belonging to the SC/ST group are required to possess an aggregate of 45%. 
  • Candidates with work experience as professionals for up to 3 years are given more preference.

Diploma in Management Entrance Exams

Examination Conducting Body Mode of Exam
MCMAT Mount Carmel College, Bangalore Online and Pen and Paper based
iMET Indian School of Business and Finance Online and Pen and Paper based
OPENMAT Indira Gandhi National Open University (IGNOU) Pen and Paper based
MUCMET Mumbai University Online and Pen and Paper based

Diploma in Management Syllabus

Semester I Semester II
Organizational Behaviour Marketing Management
Financial Management Managerial Economics
Cost Accountancy Business Laws
Principles of Management Ethics of Business
Introduction to Computers Quantitative techniques and methods in Management
Semester III Semester IV
Production Techniques & Production Management Laws of Taxation
Management Accountancy Industrial Relation & Human Resource Management
Management Information System Taxation
Material Management Research Methodology
Production Management Financial Management

Diploma in Management Top Colleges

Diploma in Management Advantages

  • Students joining the corporate world have expertise in time management and performance, beyond the leadership skills acquired in a management diploma programme. 
  • Their exposure to financial techniques creates an eye for detail and control of capital, exploiting opportunities for benefit. People with leadership skills have characteristics sought by many employers.
  • Through the community discussion, internships, exposure to real business, the process of obtaining a diploma in management degree introduces the candidates to a practical business setting. 
  • It helps to learn to organise, function as a team and coordinate individuals so that everyone can work together to accomplish the goal.

MBA v/s Diploma in Management

Students tend to get confused between MBA and Diploma in Management courses. Hence a comparison is given between MBA and Diploma in Management courses.

MBA Diploma in Management
A Diploma degree is offered to students at the completion of management diploma courses. Whereas at the conclusion of MBA programmes the students are offered with a postgraduate degree.
The curriculum for MBA courses is planned by the university. In two MBA colleges within the same university, the core syllabus would be similar. Diploma courses, however, are decided by each institute. This gives the curriculum of the course some versatility. The Syllabus undergoes an annual modification in compliance with industrial requirements.
There are similar core subjects in both MBA and PGDM courses, but most MBA courses concentrate more on the theoretical and technical aspects of management than on a practical approach. Diploma in management courses have a manufacturing emphasis and concentrate on business requirements-based skills.
Cost of MBA courses is somewhat less than the Diploma in Management. This is due to the fact that most MBA colleges are funded by the government. Cost of a Diploma in Management course is slightly higher than MBA as this course is mostly offered by private institutions. In most cases the cost for both of these courses is more or less the same.

Candidates are trained to achieve a better understanding of the leadership qualities used in business studies. Students benefit from the creation of the skills learned during this course to find lucrative job opportunities in sectors ranging from marketing, operations and entrepreneurship. Those who have completed their Diploma in Management programme successfully may start their career as:

  • Production Manager
  • Business Analyst
  • Human Resource Manager
  • Marketing Executive
  • Management Accountant
  • Research and Development (R&D) officer
Job Profile Average Salary
Business Analyst INR 7-8 Lakhs
Marketing Manager INR 6-7 Lakhs
Business Consultant INR 8-9 Lakhs
Production Manager INR 7-8 Lakhs
Human Resource Manager INR 6-7 Lakhs
Management Accountant INR 4-5 Lakhs
Research and Development Manager INR 8-9 Lakhs
Business Management Executive INR 2-3 Lakhs
Finance Manager INR 8-9 Lakhs
Information Systems Manager INR F7-8 Lakhs

Diploma in Management Future Scope

  • Qualified management personnel are needed by both state and private organisations. Managers ensure that every company, organisation or industry operates smoothly. 
  • Managers take charge of the administration of human resources, day-to-day operations, finance and accounting activities taking place in corporations and organizations.
  • Diploma in Management has become a common course to study in recent years. As more and more companies are emerging, it is obvious that positions in business administration are present abundantly in the industry. 
  • Because of this, experts in business management are paid well and there is plenty of scope in the present and future scenarios.

Diploma in Management FAQs

Ques. Can you get into a good company after Diploma in Management?

Ans. Yes, you can. Diploma in Management course is identical to that of an MBA course. Infact, most B-Schools such as IIMs and XLRI award a post graduate diploma in management which is globally accepted.

Ques. Is it worth getting a Diploma in Management?

Ans. Most students undermine the value of a diploma but getting a diploma in management is in no way less than an MBA. Infact, it is much better in certain aspects such as duration of the course and exposure. Hence, you are making a right choice by getting into a diploma in management programme

Ques. What can I do with a Diploma in Management?

Ans. You will find a job in a number of fields with a diploma in management. You would most likely be eligible for management's core facets, such as accounting, marketing, management of human resources, logistics, and more. In the public or private sector and for any size of company, you will operate.

Ques. Can I do a PGDM course after a diploma in management?

Ans. Yes you can do a PGDM course after diploma in management. It will not only expand your horizon but will also make for a strong foundation as you have already finished a management course, making you the most sought after candidate.

Ques. Can I do an MBA after a diploma in management?

Ans. It depends upon the duration of the course as most MBA colleges require a graduate degree to be eligible. These graduate degrees vary from 3 to 4 years. Only after this duration can you pursue MBA.

Ques. What is the salary after a diploma in management?

Ans. With a diploma in management you can easily earn up to 5-8 lakhs per annum. It depends on the company, location of the job and the amount of hard work you are willing to put.

Ques. Do I need to pursue a degree course after a diploma in management?

Ans. It is not mandatory to take up a degree course after diploma in management. You can either look for a job or get enrolled in a degree course, it is up to you.

Ques. Which companies recruit Diploma in Management holders?

Ans. Almost every top company hires diploma students as they have the basic education of managerial skills and company management. Some of the companies are Deloitte, BCG and JP Morgan. Apart from these, top companies such as amazon and apple also hire candidates for diploma in management.

Ques. Is it mandatory to appear for an entrance exam to get an admission in diploma in management?

Ans. Normally there is no entrance exam required for candidates seeking admission in diploma in management but some institutions do conduct an internal examination for selection followed by GD and PI. Research properly before applying to any institution.

Ques. Can I pursue a diploma in management only after graduation?

Ans. Diploma in management can be received only after you have a graduate degree with 50% marks hence you need to complete your graduation before you can apply for a diploma in management.

Diploma in Management : 42 answered questions

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Ques. How is Fore School of Management for a PGDM? How are the placements for marketing students?

● Top Answer By Khushi Chitra on 22 Jul 21

Ans. One of my friends is from this institute, so I might be able to help you with your question. FORE School is one of the country's top business schools. For the 2017-19 academic year, four marketing students were paid INR 31 LPA. Jumbo Group, Philips, J K Type, HUL, Gen pact, Gen pact ERC, EY GDS, Deloitte, KPMG GS, and others visit campus for placement drives every year. The course is very well structured. The faculty members along with permanent professors, also have guest lecturers from top marketing firms in India and abroad. PGDM from Fore School of Management : Total course fee 15 lakhs Seats available 180 Top recruiters Adani Group, Amazon.com, Asian Paints, Berger Paints, Coca-Cola, Colgate Palmolive, Deloitte,etc Highest salary package 31 lakhs Average salary package 10 lakhs Overall Fore university of management is a good option to go for. You’ll not regret later, I can assure you that. It will help build your career so you could succeed in life.Read more
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Ques. What is the total expenditure to pursue a PGDM core at BIMTECH (including hostel, mess, and other expenses)?

● Top Answer By Tithi Aggrawal on 24 Jan 23

Ans. BIMTECH is one of India's top business schools, with a strong emphasis on entrepreneurship and innovation. The institute's PGDM programs are all equivalent to an MBA degree. Merit/Supernumerary: 13,00,000 INR, Corporation Sponsored 17,00,000 INR, NRI 17,00,000 INR, Corporation Sponsored 17,00,000 INR, NRI Sponsored 17,00,000 INR. Supernumerary seats are reserved for People of Indian Origin (PIO)/Foreign Nationals (FN)-/International/SAARC Nationals/Gulf Quota/Indians living abroad (OCI).Read more
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Ques. How good is the 1-year PG programme at NICMAR? Is it worth doing when compared to 2-year PG placements-wise?

● Top Answer By Arunima Nair on 08 Sept 21

Ans. According to the reviews online, NICMAR is famous for construction management in Hyderabad. It offers one-year programs and two-year full-time programs. The choice of the course depends on you considering the various factors like course curriculum, risk capacity in terms of return on investment, and fee. The following can be considered. One-year courses include PGP HSEM, PGP QSCM, and PGP MFOCB.  These are suitable for health and safety profiles or the billing and quality surveyor jobs. Two-year courses include PGP ACM, PGP PEM, PGP REUIM, PGP IFDM, and PGP CSCDM.  These courses offer different job profiles when compared with the one-year program. Overall, the institute offers decent placements with a 99.2% placement record in all the programs. Therefore, it is suggested that you choose according to your needs and career goal.Read more
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Ques. Can anybody help me with the free structure of a 2-year PGDM program from IMT-CDL Ghaziabad?

● Top Answer By Khushi Bedi on 31 Jul 21

Ans. If you are looking for exact word-to-word details, you can check the college’s website for the same. Other than this, you can also directly contact the college to gain some more clarity and information on the same. They also have a user-friendly website and you will find all the information on courses available there. Let me help you out with the fee structure of the 2 year PGDM program at IMTCDL: Term Fee structure 1st Semester INR 28,500 2nd Semester INR 27500 3rd Semester INR 27500 4th Semester INR 27500 There is an additional exam fee involved for international locations as well. This means that if you are a student appearing for the exams from a location outside India, you would have to pay a fee of INR 2500 per exam.Read more
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Ques. How is IMT Ghaziabad's dual country program?

● Top Answer By Srinath Sharma on 31 Mar 21

Ans. You will not regret your decision of enrolling in this program. As a student, you will definitely have some predilections regarding the program. The fee is a little higher and you might question your ROI as well. But once you get to know the program better, you will realize that joining it is not a mistake. As with any program, this one also has its pros and cons.  The faculty here is great. You will see that the department has teachers from various countries which will bring its own perspective to the class.  You will attend a class every day and who knows, you might as well fall in love with some of the subjects given the exciting way they are taught here. You might not like the campus life here but you will also see some improvements. A lot of festivals are organized around the year and personally, the Onam celebrations are the best. However, at some point, you might feel a little isolated considering the campus is quite a distance away from the main city. The program itself is anchored in Dubai having some of the best service sector practices. A multi-cultural environment exposure is offered and you get to experience life in a global manner. The curriculum also has been internationally benchmarked and you will get to work with multinational companies. You will also get exposure to internships in the UAE with a high-paying stipend of AED 3650 and an average of AED 1873 per month. Most students join IMT Ghaziabad campus after a year. Your final placements will be taken care of by this institute. Overall, Dubai will definitely be productive and you will enjoy added exposure to the MBA course provided you can afford it.Read more
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