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PGDM Full Form, Course, Eligibility, Admission, Fees, Colleges, Salary 2020-2021

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Lubaba Shaheen

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What is PGDM?

Post Graduate Diploma in Management or PGDM is a postgraduate diploma course which includes the intricacies of different aspects of management and business industry.

PGDM course duration is of 2 years, offering specializations in subjects such as Finance, Marketing, International Business, HR, and many more.

A lot of working professionals and students prefer this management course because the course curriculum is in such a way that it sharpens a student's mind to tackle the daily obstacles that are faced in their workplace, studies & other similar aspects.

In order to be eligible for the course, candidates must have completed graduation preferably from management. But graduates from any stream can apply for this course. Admission is mostly based on entrance exams like MAT, CAT, XATand more.

What is PGDM all About?

There are several colleges across India that offer this course in a regular mode, online mode, or through Distance Education. In order to gain successful admission, a student must have scored good marks in both the entrance exams and in their graduation course.

Below table shows some of the best PGDM colleges in India according to NIRF 2019 Ranking:

NIRF Ranking College Name Location Exam Accepted Average Fees Average Salary
3 IIM  Kolkata CAT, GMAT INR 2,01,000 INR 25.33 LPA
18 SP Jain Institute of Management & Research (SPJIMR) Mumbai CAT, XAT, GMAT INR 17,50,000 INR 26.36 LPA
23 Great Lakes Institute of Management Chennai CAT, XAT, GMAT INR 11,91,000 INR 10.14 LPA
24 Narsee Monjee Institute of Management Studies (NMIMS) Mumbai NMAT INR 95,200 INR 14.37 LPA
28 International Management Institute (IMI) New Delhi CAT, GMAT INR 8,69,500 INR 13.28 LPA

The average PGDM course fees start from INR 1 Lakhs and it can go up to INR 20 Lakhs, depending upon the college, their affiliation, and placement scenarios.

Initially, this course was aimed at working professionals aspiring to make it in the management field, but nowadays many students are also enrolling for this course apart from MBA. This is because of fewer fees and flexibility of training.

After PGDM, your career will flourish into roles such as Assistant Manager, Business Analyst, Chief Executives, etc. The average salary can be around INR 4-8 LPA. Check PGDM Jobs & Career Options for complete details.

You can get a salary hike of at least 30% from your current job after doing PGDM from an esteemed college. Some top companies like Amazon, Deloitte, etc can offer a 50% hike based on your profile, experience, and skills.

Quick Read: PGDM Online

PGDM Key Points

  • Full-Form: Post Graduate Diploma in Management
  • Course Level: Postgraduate
  • Duration: 2 years
  • Examination Type: Semester/ Trimester System
  • Eligibility: Graduation in any stream
  • Admission Process: Entrance Exams, Direct Admission is also offered in some private colleges.
  • Average Fees: INR 3-12 Lakhs
  • Top Colleges:
  • Distance Education: NMIMS, IGNOU, Symbiosis Centre for Distance Learning (SCDL), Nalanda Open University
  • Average Salary: INR 4-10 LPA
  • Top Recruiting Areas: Banks, Marketing Agencies, Market Research Companies, Educational Institutions, Consultancies, Law Firms, Entertainment Portal, Hotels and Resorts, etc.
  • Job Positions: Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer, Marketing Executive, etc.
  • Top Companies: McKinsey & Company, The Boston Consulting Group, Bain & Company, Deloitte Consulting, Booz Allen Hamilton, PricewaterhouseCoopers Advisory Services LLC, EY LLP Consulting Practice, Accenture, etc.
PGDM Eligibility

What is the Eligibility for PGDM?

Candidates seeking admission should have a Bachelor’s degree in any course with a minimum of 50%, from any recognized college or institute. But in the case of elite institutions like IIM, a minimum of 60% or 6.5 CGPA on the scale of 10, should have been scored at the graduation level.

There is no age limit as such, to pursue this course.

PGDM Admissions

Admission takes place on the basis of entrance exams conducted by national bodies, institutes, or a group of institutes.

After qualifying these exams, candidates are called for further rounds like written test, group discussion, and personal interview.

Final admission is provided to students based on their performance in these rounds.

See Also: PGDM Admission Process

What are the Entrance Exams for PGDM?

The entrance exam is an important aspect of PGDM Admissions. CAT is most popular among these exams. Others include GMAT, XAT, MAT, and many more.

Entrance Exam Application Period Exam Date Exam Mode
CAT August 4- September 18, 2020 November 29, 2020 Computer-Based
XAT August 23, 2020- November 30, 2020 (Tentative) January 5, 2021 (Tentative) Online
GMAT All around the year As per your selection after the registration Computer-Based
MAT May 18 to June 30, 2020 May 25 to July 05, 2020 Computer-Based
Tips for PGDM Entrance Exams
PGDM Colleges

What are the Top PGDM Colleges?

Listed below are some of the top institutes offering PGDM course in the country with the corresponding locations and fees charged by them

NIRF Ranking Name Location Average Annual Fees
3 Indian Institute of Management Kolkata INR 6,75,000
12 National Institute of Industrial Engineering (NITIE) Mumbai INR 9,40,000
18 SP Jain Institute of Management and Research Mumbai INR 5,85,000
20 Indian Institute of Management Ranchi INR 13,84,000
23 Great Lakes Institute of Management Chennai INR 11,91,000
24 Narsee Monjee Institute of Management Studies (NMIMS) Mumbai INR 95,200
27 T.A. Pai Management Institute Manipal INR 14,00,000
28 International Management Institute New Delhi INR 7,70,000
46 P.S.G. College of Technology Coimbatore INR 82,000
50 Loyola Institute of Business Administration (LIBA) Chennai INR 15,26,000
Tips to get A Good PGDM College
PGDM Distance Education

PGDM Distance Education

PGDM degree can be pursued through distance education or online mode as well. There are many colleges, institutes, and platforms in India to pursue this course. IGNOU is considered to be one of the best colleges for online learning and distance learning.

The table below shows details of some PGDM distance education colleges:

College Name Mode  Duration  Average Fees
NMIMS Online  2 years INR 86,000
IGNOU Distance  1 year INR 11,000
Symbiosis Centre for Distance Learning (SCDL) Distance  2 years  INR 1 lakh
Nalanda Open University Distance  1 year  INR 5,500

PGDM Distance Education Colleges: Average Fees

Source: College Websites

Apart from these colleges, there are many online platforms where you can pursue PGDM courses like Coursera, upGrad, and other websites, which offer many specializations, assistance, and placement guidance during the program.

PGDM Syllabus

What is the PGDM Syllabus?

The PGDM course structure comprises two parts i.e., a compulsory set of courses covering all foundation areas in management and a set of elective courses that aims at building job-specific skills and knowledge.

A semester wise breakup of the course’s syllabus is tabulated below.

Semester I
Management Functions & Behaviour Human Resource Management
Economic and Social Environment Introduction to Information Technology
Semester II
Operations Management Marketing Management
Quantitative Techniques for Managers Managerial Economics
Strategic Management -
Semester III
Marketing Management (MM) Financial Management (FM)
International Business (IB) Human Resource Management (HR)
Operations Management (OM) Information Systems (IS)
Insurance Management (IN) -
Semester IV
Business Law & Corporate Governance International Business
Management Information Systems Research Methodology
Project Work -

What are the PGDM Specializations?

Some of the specializations that a student can opt for during the PGDM course are as follows:

  • PGDM in International Business: This course is of 2 years, providing deeper knowledge and training in the field of international business and its related aspects. PGDM in International Business can be pursued from colleges such as the Indian Institute of International Trade, Asian Business School, etc.
Average Fees INR 4 to 12 lakhs
Average Salary INR 4 to 10 LPA

Best PGDM International Business Colleges in India

  • PGDM in Operations Management: This course aims to provide skills to individuals to enable them to deliver excellent services in the minimum time and low cost. PGDM in Operations Management is pursued by professionals and students who want to learn the different competencies related to the smooth and optimal working of the operations department.
Average Fees INR 3 to 10 lakhs
Average Salary INR 4 to 8 LPA

Best PGDM Operations Management Colleges in India

  • PGDM in Business Analytics: Analytics is considered as an important part of any organization. PGDM in Business Analytics offers to train students and provide knowledge in terms of business analytics practices, tools, and techniques in order to provide insightful information from the data collected, extracted, and analyzed.
Average Fees INR 3 to 12 lakhs
Average Salary INR 5 to 10 LPA

Best PGDM Business Analytics Colleges in India

  • PGDM in Marketing: This course covers all the aspects related to Marketing Management, Marketing Research, etc. PGDM in Marketing trains students to improve the market value of the company or a product with the help of various strategies and tools.
Average Fees INR 2 to 5 lakhs
Average Salary INR 4 to 10 LPA

Best PGDM Marketing Colleges in India

  • PGDM in Finance: This course is for students who are interested to learn about the different aspects of financial management such as working capital management, international finance, etc. PGDM in Finance is also helpful in analyzing the expenses thereby making balance sheets and analyzing various concepts of cost minimizations.
Average Fees INR 1 to 5 lakhs
Average Salary INR 4 to 12 LPA

Best PGDM in Finance Colleges in India

PGDM Specializations: Average Courses Fees & Salary

More PGDM Specializations are:

PGDM Jobs & Salary

What are the PGDM Career Options and Scope?

After completion of a PGDM course, one can find a number of employment opportunities in both the public and private sectors and earn around INR 5 to 10 LPA. Students can go into research and educational institutes and become professors and teachers for Management, Accounting Business and Soft skills wherein their duty will be to impart their knowledge and expertise to the younger students.

Students can opt to become Human Resource Development Managers where they will have to comply with the standards set by the firm or company they work under and manage the human resource. Human Resource is a key component of any firm and effective management and leading skills are required.

Some of the popular job profiles opted after the completion of a PGDM course are tabulated below.

Job Position Job Description Average Annual Salary
Administrative Officer An Administrative Officer acts as the nodal point for all employees and governing authority. He provides administrative support and manages queries arising in the firm. INR 4.13 Lakhs
Business Consultants They are also known as Management Analysts and work in areas like marketing, human resource management, finance, and accounting. They aim to help improve companies by channelizing their assets in a positive and profitable direction. INR 9.86 Lakhs
Finance Manager The primary duties of a Finance Manager include creating and reviewing financial reports for the firm and monitoring various accounts. They prepare activity reports that are used by senior officials and forecast the financial trajectory of the firm. INR 9.99 Lakhs
Human Resource Manager Their main responsibility as an HR Manager is to lead, motivate and drive the working HR in the firm. They handle an organization's HR policies and programs like employee compensation, benefits, promotion, safety, performance, working capability, and staffing levels. INR 7.15 Lakhs
Public Relation Officer A PR Officer is responsible for managing the reputation of his or her firm. As a PR officer, you will have to understand and gain support for your clients. You should have the ability to influence someone's opinion and behavior. INR 3.01 Lakhs

PGDM Salary Trends

Source: Payscale

PGDM Future Scope

What is the Future Scope of PGDM?

PGDM opens various prospects in wide areas like marketing, sales, business analysis, finance, and much more. A PGDM degree helps you acquire leadership and management skills, and instill the ability to manage large projects with efficiency.

PGDM courses offer diverse opportunities. Apart from attaining the right prospects, and working in private, public, and government sectors as managers, you can become a researcher, an entrepreneur, or even an instructor.

You can open your own company with proper planning and research, starting from small to big, based on your ideas and interest. You can be your own boss, and come up with ideas and strategies that are needed for successful business models for your clients and work as a freelancer as well.

There is a huge demand for professionals with management qualifications in India as well as globally. You can work in marketing companies, manufacturing sectors, business consultants, finance sector, research organizations, big entrepreneurs, IT companies, and others.

In terms of higher education, you can go for a full-time MBA degree if you have pursued PGDM online or through distance.

Check some common MBA specializations for complete details.

You are also eligible to go for many Ph.D. courses, and MPhil in the management domain, like:

Courses  Eligibility  Average Fees  Average Salary
PhD in Marketing Masters in relevant field with 60% marks  INR 1 to 4 lakhs INR 3 to 9 LPA
PhD Management Studies Master’s degree in the stream of management studies INR 1 to 3 lakhs INR 6 to 9 LPA
PhD in Finance Post-Graduation with Commerce subjects INR 1 to 5 lakhs INR 4 to 8 LPA
MPhil in Management Master’s Degree in relevant subject with 55% marks INR 1 to 2 lakhs INR 5 to 6 LPA

PGDM Further Studies: Average Fees & Salary

Source: College Websites



Ques. What is PGDM full form?

Ans. PGDM stands for Post Graduate Diploma in Management. It is of 2 years and trains students the basics and application of management practices and techniques in a business or any organization.

Ques. Is PGDM better than MBA?

Ans. Both PGDM and MBA are postgraduate degrees in the field of management. The basic difference between them is that PGDM provides a more practical approach than an MBA. There is a difference in the course fees as well. Check PGDM vs MBA to know more.

Ques. Which PGDM course is the best?

Ans. PGDM offers many specializations like Marketing, International Business, Finance, Logistics-Supply Chain Management & Operations, and many more. Check PGDM Specializations to know more.

Ques. What is the duration of the PGDM course?

Ans. 2 years

Ques. Is a PGDM degree valid for government jobs?

Ans. Yes, PGDM degree is now valid to apply for government jobs, in the case of colleges approved by AICTE.

Ques. What are PGDM course fees?

Ans. The Average course fees to pursue PGDM course is around INR 3-20 Lakhs.

Ques. What is PGDM eligibility?

Ans. The basic eligibility to pursue PGDM course is 50% in Bachelor's degree pursued from a recognized college or institute in any stream.

Ques. What is the PGDM syllabus?

Ans. PGDM includes many subjects like Organizational Behaviour, Managerial Accounting, Business Communication, Managerial Economics, Quantitative Techniques, Operations Management and others. Check PGDM Syllabus for year wise break up of the syllabus.

Post Graduate Diploma in Management [PGDM] Fee Structure in India

5 K (Minimum Fee)PUBLIC COLLEGES17.50 L  (Maximum Fee)
3.61 L (Average Fee)
1.40 K (Minimum Fee)Private COLLEGES25.80 L (Maximum Fee)
5.45 L (Average Fee)

Post Graduate Diploma in Management [PGDM] Fee Structure By state

Delhi NCR

17.50 L
45 KPrivate COLLEGES25.80 L
6.31 L

Uttar Pradesh

8.91 L
23 KPrivate COLLEGES13.20 L
4.30 L


4.99 L
25 KPrivate COLLEGES12.10 L
6.89 L

Madhya Pradesh

11.94 K
18.10 KPrivate COLLEGES7.25 L
2.65 L


9 K
1.52 LPrivate COLLEGES3.20 L
2.09 L

Tamil Nadu

82 K
6 LPrivate COLLEGES8 L
7.08 L


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