Degree vs Diploma in Management

Degree vs Diploma in Management

Post Graduate Diploma in Management is a diploma course in the management stream. Post Graduate Diploma in Management, Post Graduate Program in Management, and Master of Business Administration are all management courses at the master level. All the courses are business-oriented. All the courses have similar outcomes employment wise, but there are some subtle differences too.

MBA vs Post Graduate Diploma in Management

The major differences between the two degrees are as follows:

  • Degree vs Diploma

At the end of the MBA program, candidates are offered a degree, but in PGP or PGDM, candidates are awarded a diploma. Like IIMs, Xavier, and SP Jain, most of the autonomous colleges in India offer diploma courses. But recently Indian government passed an act that allows IIMs to offer degrees instead of diplomas.

  • Syllabus

MBA course curriculum is designed by the university under which the college is. All the colleges under this university have the same syllabus. Whereas in Diploma courses, the colleges can design the courses according to the requirements of the industry. PGDM has the upper hand here.

  • Fake Colleges

Since most colleges offering MBA are affiliated with a university, these colleges will be properly accredited. But in the case of diploma courses, smaller autonomous colleges may not have proper accreditation status. So do proper research before joining these diploma courses offered by autonomous colleges.

  • Focus

Even though both the courses have the same core subjects, the MBA course focuses more on theoretical and technical aspects. The latter focuses on practical approaches depending upon the market requirements.

  • Affordable

The MBA program is more affordable when compared to the PGDM program as MBA programs are mostly offered by government-approved universities and colleges.

Even though there are these many differences, both programs have equal value in the corporate world. All you have to do is choose the right course that supports and improves your professional career.

PGDM Colleges in India

Some of the top colleges in India that offer PGDM course are:

NIRFRank Name City State Score
1 Indian Institute of Management Ahmedabad Ahmedabad Gujarat 82.75
2 Indian Institute of Management Bangalore Bangalore Karnataka 81.32
3 Indian Institute of Management Calcutta Kolkata West Bengal 80.39
4 Indian Institute of Management Lucknow Lucknow Uttar Pradesh 73.85
6 Indian Institute of Management Kozhikode Kozhikode Kerala 69.96
7 Indian Institute of Management Indore Indore Madhya Pradesh 69.04
10 Management Development Institute Gurugram Haryana 65.95
12 National Institute of Industrial Engineering Mumbai Maharashtra 62.87
18 SP Jain Institute of Management and Research Mumbai Maharashtra 56.93
30 Indian Institute of Management Shillong Shillong Meghalaya 53.56

If you’re unable to choose which course suits you more, educational counselling websites and institutions offer assistance and helps you in choosing the right course and college. One of the most popular websites is GetMyUni.

About the Startup

This is a Bangalore-based ed-tech startup started by Hardik Thakkar and Upneet Grover, who found themselves unable to choose the right college for their PG studies due to the lack of proper guidance. So, they decided to start a social college search platform, which will guide the students who are in the same situation as they were. They started GetMyUni in February 2015. Initially, they created campus ambassadors and in-product marketing programs to receive student reviews about colleges. It was a huge success. In the beginning, they were only making enough revenue to run the business, but they received funding of $50,000 from Tlabs later.

Upneet, in an interview, said that they aim to build the strongest recommendation tool that can help students who are misguided by the offline consultants. He also believes that if there is an appropriate portal, which can create a set of college recommendations based on the student’s background, marks, and abilities, that product will be a super success by using advanced algorithms.

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