Post Graduate Diploma in Business Management or PGDBM is a 2- year professional postgraduate level diploma course in Business Management. The program successfully prepares candidates with advanced knowledge, skills, and competencies in the key functional areas of management and also opens career scope for them in many areas.
The basic eligibility for PGDBM is a Bachelor's degree of minimum 3 years duration in any discipline from a recognized college/university. The candidates should have at least 50% aggregate marks at the graduation level to be eligible for the course. Check MBA Full Form
Admissions to PGDBM colleges are done through popular entrance exams such as CAT, XAT, GMAT, CMAT, MAT etc. The average annual fees to study a full-time PGDBM program ranges between INR 50,000 - 20,00,000.
A PGDBM graduate is generally offered positions like Business Development Manager, Financial Analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, etc. The average salary offered to the candidate pursuing the PGDBM program ranges from INR 3 LPA to 15 LPA.
2.1 Why study PGDBM?
3.1 Eligibility
3.2 Entrance Exams
4.1 Top Colleges
5.1 PGDBM vs MBA
6.2 How to get Admission in a good PGDBM college?
9.1 Top Recruiters
PGDBM Quick Facts
| Course Level | Post Graduate Diploma |
| Full-Form | Post Graduate Diploma in Business Management |
| Duration | 2 Years |
| Examination type | Semester |
| Eligibility | Bachelor's Degree |
| Admission Process | Entrance Based & Merit Based |
| Course Fee | INR 50,000 - 20,00,000 |
| Average Salary | INR 3 - 15 LPA |
| Top Recruiting Companies | AB InBev, Accenture, Bain & Company, Boston Consulting Group, BYJUs, Capgemini, Cognizant, Coca-cola, CISCO, Deloitte, Dell, Edelweiss Tokio, EY, Google, Flipkart, Goldman Sachs, HCL, HDFC, IBM, Infosys, JP Morgan, L&T, McKinsey, PWC, Wipro, etc. |
| Job Positions | Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Marketing Strategist, Business adviser, Data analyst, etc. |
About PGDBM
PGDBM teaches graduates the business framework and the functionality of various business models. The program course equips you with strategic thinking tactics to improve organizational core competencies and manage any business at a fundamental level and optimize its value and functioning.
Why study PGDBM?
Many students choose to study PGDBM because of the following reasons-
- Networking & Entrepreneurship : PGDBM graduates are trained with having a knack for the current market scenario, good business sense, excellent analytical skills, and most importantly, powerful networking aptitude. This program helps develop graduates with a solid business network to venture out a new business and become successful entrepreneurs.
- Corporate Career : Graduates who have earned a PGDBM degree can take up any job profiles such as Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, etc.
- Top Skill Acquired : This course will teach them about marketing, information technology, economic framework, business laws, organizational behavior, business strategies, Financial Derivatives. Along with these, this course will also impart important management skills like Risk Management, Trade & Marketing Management, Financial Management, Economic & Management Decisions, etc.
- Lucrative Job Opportunities : PGDBM graduates are favored by multinational companies during recruitment. The course provides a vast career scope in Business Development, Accounting, Economics, Marketing, Sales, Finance, Human Resource, etc. Some of the top recruiters are Bain & Company, Boston Consulting Group, BYJUs, Capgemini, Cognizant, Deloitte, Edelweiss Tokio, EY, Google, Goldman Sachs, HCL, HDFC, IBM, Infosys, JP Morgan, L&T, McKinsey, PWC, Wipro, etc.
PGDBM Admission Process
- The admission process for the PGDBM program depends on the national level entrance tests such as MAT, CAT, CMAT, GMAT, XAT, etc.
- The qualified candidates will be further selected on the basis of group discussion and PI/WAT.
- Some of the institutes also provide direct admission to the students either on merit basis or on management quota basis for PGDBM program.
Eligibility
Following are the eligibility criteria for the PGDBM program-
- Candidates seeking admission in PGDBM must have Bachelor’s Degree in any discipline with minimum 50% (relaxable for reserved category candidates) from a recognized state/private/deemed or central University/Institute.
- The minimum marks for admission in the program may vary from college to college.
- There is no minimum age to apply for this program.
Entrance Exams
| Entrance Exam | Registration Date | Exam Dates |
|---|---|---|
| ATMA | 1st week of June 2023 | July 23, 2023 |
| CAT | August 3, 2023 | November 26, 2023 |
| CMAT | February 13, 2023 | To be Announced |
| GMAT | To be Announced | To be Announced |
| NMAT | September 2023 | November 2023 |
| SNAP | 2nd week of August 2023 | 2nd week of December 2023 |
| XAT | To be Announced | To be Announced |
Preparations Tips
PG Diploma in Business Management entrance exams are one of the most comprehensive exams, therefore following tips should be considered to perform better:
- To cover all the topics, the preparation should start well in advance. Questions included will test a candidate's analytical skills, data interpretation skills, verbal skills, general knowledge, etc.
- Analytical & Mathematical concepts should be studied well. Questions will be asked about Verbal ability, Data interpretation and Quantitative ability, decision making, logical reasoning, and general knowledge. Candidates should prepare for the exam with accurate guidance, the right preparation sources, and dedication.
- Candidates should conduct practice sessions with sample question papers, mocks & quizzes, and model tests to know the exam pattern well in advance. This way, candidates can analyze the errors and improve upon them by formulating the strategy to attempt the entrance exam more effectively.
- Candidates should learn to effectively manage their time to answer about 180-200 questions in about two hours, which means about a minute should be given to answer each question. Candidates should know the tips and tricks and shortcuts for mathematical questions. This will save time for revision.
- Make a habit of going through the latest news, read the newspaper daily to enhance your general knowledge skills. General knowledge and current affairs questions are often asked in entrance exams and sometimes in personal interviews and group discussion rounds too. Topics related to History, geography, basic science, and entertainment are also included in the paper.
PGDBM Distance Education
A large number of students prefer to opt for distance education for the PGDBM program. NMIMS Global Access School for Continuing Education provides a distance PGDBM program. The average PGDBM distance education fees are INR 43,000.
- The PGDBM course duration from distance is 2 years.
- In order to pursue a PGDBM from a distance one needs to have a Bachelor’s degree from a recognized university/college.
-
Admission is offered to students on the basis of merit or entrance depending upon the college’s selection criteria.
Top Colleges
| University | Location | Average Annual Fees (INR) |
|---|---|---|
| NMIMS Global Access School for Continuing Education | Mumbai | 43,000 |
| MIT School of Distance Education | Pune | 63,000 |
| Symbiosis Center for Distance Learning | Pune | 55,000 |
PGDBM Course Comparison
The comparison between PGDBM and other similar courses has been discussed below.
PGDBM vs MBA
Both courses have different subjects and study areas. We have discussed the in-depth comparison of PGDBM and MBA below.
| Parameters | Post Graduate Diploma in Business Management | Masters of Business Administration |
|---|---|---|
| Overview | PGDBM is a diploma degree that focuses on the understanding of marketing, information technology, economics, business laws, organizational behavior, business framework, business thinking models, etc. | It is a full-time degree program that focuses on various business and management skills such as marketing, finance, human resource, international business, etc. |
| Course Content | It comprises subjects like organizational behavior, marketing management, business economics, HRM, etc. | It comprises subjects like accounting, business ethics, business law, entrepreneurship, marketing, supply-chain management, business strategy, etc |
| Domain | Business Management | Human Resource, Finance, Marketing, International Business, etc. |
| Degree Type | Post-Graduate Diploma | Post-Graduate |
| Average Annual Fees | INR 50,000 - 5 LPA | INR 2 - 30 LPA |
| Duration | 2 Years | 2 Years |
| Eligibility | Bachelor’s Degree from a recognized university/board. | Bachelor’s Degree from a recognized university/board. |
| Admission Process | Admissions are both Entrance and Merit-Based. | Admission to this course is both entrance and merit-based. |
| Top Colleges | XLRI, NMIMS, Vinod Gupta School of Management, MSU Baroda, SIBM, etc | IIMs, XLRI, NMIMS, SIBM, etc. |
| Job Opportunities | Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Marketing Strategist, Business adviser, Data analyst, etc. | Account Manager, Business Analyst, Business Development Manager, HR Manager, Brand Manager, Equity Research Analyst, Management Consultant, Marketing Manager, Project Manager, etc |
| Average Annual Salary | INR 3 - 8 LPA | INR 4 - 20 LPA |
PGDBM Top 20 Colleges in India
Some of the top colleges in India providing PG Diploma in Business Management according to the NIRF Ranking are-
| College Name | Average Annual Fees in INR |
|---|---|
| Vinod Gupta School of Management | 4,00,000 |
| Xavier Labour Relations Institute | 11,50,000 |
| Symbiosis International University | 6,75,500 |
| Narsee Monjee Institute of Management Studies | 48,200 |
| Shoolini University | 1,50,000 |
| University of Jammu | 25,000 |
| Maharaja Sayajirao University of Baroda | 23,100 |
| NIMS University | 60,000 |
| UBS Karjat | 10,98,000 |
| TBS Jammu | 57,049 |
| RNTU Bhopal | 50,000 |
| TSCFM Mumbai | 7,00,000 |
| RBS Mumbai | 3,45,000 |
| IIMS Pune | 1,20,000 |
| NIRM Bangalore | 1,10,000 |
| SIM Pune | 35,000 |
| NAMS Mumbai | 25,000 |
| AIM Nagpur | 45,000 |
| SSIMS South Goa | 3,37,000 |
| HBICM Ahmedabad | 32,107 |
College Comparison
The table drawn below shows the comparison made among the three top colleges that offer PG Diploma in Business Management.
| Parameters | XLRI Jamshedpur | Vinod Gupta School of Management Kharagpur |
|---|---|---|
| Overview | The institute has been accredited by AICTE, NBA and offers various management programs such as PGDM (BM), PGDM (HRM). | It is a premier B-school accredited by AICTE and offers PG and doctoral level programs. |
| Location | Jamshedpur | Kharagpur |
| Eligibility | Bachelor’s Degree in any discipline. | Bachelor’s Degree in any discipline. |
| Admission Process | Entrance-Based | Entrance-Based |
| Average Annual Fees | INR 11,50,000 | 4,00,000 |
| Average Annual Salary | INR 15.42 LPA | INR 16.99 LPA |
| Top companies visited | Boston Consulting Group, Accenture Strategy, Capgemini ELITE, Hindustan Unilever, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Standard Chartered. | Bloomberg, Ford, IBM, JP Morgan Chase, Facebook, Amazon, Ernst & Young, PwC, McKinsey & Co, HSBC, Deloitte, etc. |
How to get Admission in a good PGDBM college?
To get admission in top PGDBM colleges, keep in mind the following things-
- Make sure your Bachelor’s Degree marks and your performance in required entrance exams are exceptional to secure a place in a top college. Better the performance, the higher are the chances of admission into a top PGDBM college.
- Practical Experience in the related field would be a plus.
- Candidates should prepare for the exam with accurate guidance, the right preparation sources, and dedication. Analytical & Mathematical concepts should be studied well.
- Candidates should also be mentally prepared for the PI round and Written test because you can get rejected there as well.
PGDBM Top Colleges Abroad
The top colleges Abroad for PGDBM courses have been tabulated below.
| College Name | Average Annual Fees(INR) |
|---|---|
| University of West London | 13,74,278 |
| University of North Texas | 11,62,133 |
| University of South Florida | 23,87,843 |
| University of Leicester | 20,49,515 |
| University of South Australia | 43,24,981 |
| University of Bristol | 27,68,405 |
| University at Buffalo | 18,19,984 |
| Curtin University | 16,68,206 |
| Stanley College | 5,51,782 |
| Centennial College | 9,96,000 |
PGDBM Syllabus
Some of the core and major PG Diploma in Business Management, which every aspirant needs to study throughout the course duration are tabulated below semester wise-
| Semester I | Semester II |
|---|---|
| Management Theory and Practice | Business Communications |
| Organizational Behaviour | Essentials of HRM |
| Marketing Management | Business Law |
| Business Economics | Strategic Management |
| Financial Accounting and Analysis | Operational Management |
| Information System for Managers | Decision Science |
| Semester III | Semester IV |
| Organizational Theory Structure and Design | Corporate Finance |
| Cost and Management Accounting | Sales Management |
| Consumer Behaviour | Entrepreneurship and Venture Capital Management |
| Digital MArketing | Business: Ethics, Governance & Risk |
| International Business | Research Methodology |
| - | Project |
PGDBM Jobs
After successful completion of the PGDBM program, graduates have vast career options. They can seek employment in Multinational organizations within the departments such as IT, Finance, Marketing, Education, Management Consulting, Travel & Tourism, Hospitality, FMCG, BFS, Business Development, Accounting, Economics, Marketing, Sales, Finance, Human Resource, etc.
Some of the major job profiles associated with the PGDBM, along with the average salary are as follows:
| Job Role | Job Description | Average Annual Salary |
|---|---|---|
| Business Development Manager | The business development manager is responsible for growing business by identifying new sales leads, pitching products or services to new clients, maintaining a good working relationship with the customer, communicating new product developments to prospective clients, and overseeing the development of marketing of the business. | INR 6.2 LPA |
| Marketing Manager | The marketing manager is responsible for managing the promotion and positioning of a brand or the products and services in an organization. Marketing managers focus on attracting more customers to buy from the company and to raise brand awareness through the creation of various marketing campaigns and strategies. | INR 7.4 LPA |
| Finance Manager | Financial managers are responsible for the financial health of an organization and focus on preparing financial reports, capital raising, direct investment activities, portfolio management, distribution of dividend, hedging and looking after fluctuations in foreign currency and product cycles, and developing strategies and plans for the long-term financial goals of their organization. | INR 9.98 LPA |
| Business Analyst | Business Analyst is responsible for defining business requirements by creating a detailed business analysis, outlining problems, opportunities and solutions for business, Budgeting, and forecasting, Planning, and monitoring, Variance analysis, Pricing, Reporting, etc. | INR 6.5 LPA |
| Product Manager | They are responsible for product planning and execution during the Product Life Cycle stage, defining the product vision, gathering and prioritizing product and requirements, engineering, sales, marketing, and customer satisfaction. | INR 20.51 LA |
Top Recruiters
| Bain & Company | Boston Consulting Group | BYJUs |
| Capgemini | Cognizant | Deloitte |
| Edelweiss Tokio | Goldman Sachs |
PGDBM Scope
- After graduating from PG Diploma in Business Management, there are vast opportunities for qualified candidates and they can start their own business, work in a multinational company, go abroad, and can join an international organization, etc.
- Since it is a diploma course, a candidate can go for a masters course like MBA even after completing PGDM.
- Candidates can also go for PhD in Management. It is a globally recognized doctorate degree that students can choose to opt for higher career prospects. PGDBM graduates can choose to specialize in a particular area for better career options.
- The candidates can also start their own consulting firms, business firms, etc and turn into Entrepreneurs.
PGDBM FAQs
Ques. What can I do after a PG Diploma in Business Management?
Ans. You get vast career options and can choose from the following fields to work in business, consulting, management, banking, accounting, finance, recruitment, human resources, markets, business policy, information technology, etc.
Ques. Is a PGDBM degree worth it?
Ans. Graduates with PGDBM degree will be well-positioned to pursue high-paying executive or managerial level jobs like Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Data analyst, etc.
Ques. How is a PGDBM degree?
Ans. With a PGDBM degree, students are prepared for management, trade, or general business careers that equip students with skills, competencies, and advanced knowledge of the key functional areas of management.
Ques. Which top colleges in India provide a PGDBM program?
Ans. Xavier Labour Relations Institute, Narsee Monjee Institute of Management Studies, Vinod Gupta School of Management, Maharaja Sayajirao University of Baroda, Symbiosis International University, etc
Ques. What Scope does the PGDBM program have?
Ans. After graduating from PGDBM, there are vast opportunities for qualified candidates and they can start their own business, work in a multinational company, go abroad, and can join an international organization, etc.
Ques. Which is a better PGDBM or MBA?
Ans. PGDBM is a diploma degree that focuses on the understanding of marketing, information technology, economics, business laws, organizational behavior, business framework, business thinking models, etc. Whereas MBA is a full-time degree program that focuses on various business and management skills such as marketing, finance, human resource, international business, etc.
Ques. What roles can I apply for after completing my PGDBM?
Ans. Top job profiles, candidates can work in our Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Data analyst, etc.
Ques. What is the admission process to apply for a PD Diploma in Business Management program?
Ans. The admission process for the PGDBM program depends on the national level entrance tests such as XAT, CMAT, CAT, GMAT, MAT, etc. The qualified candidates will be further selected on the basis of group discussion and PI/WAT. Some of the institutes also provide direct admission to the students either on a merit basis or on a management quota basis for PGDBM.
Ques. What will I get to study during the PGDBM program?
Ans. You will get to study organizational behavior, marketing management, business economics, financial accounting and analysis, HRM, Information systems, business communications, business laws, etc.
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