Here’s Everything You Need to Know About PGDM Program

Post Graduate Diploma in Management (PGDM), as a leading course in management studies, is a two-year management program offered by business schools across India. The program is essentially designed to give exposure to students – both experienced and fresh-out-of-college graduates – about the various facets of management. This is especially appropriate because all organizations, ranging from small to big, ranging across industries from food to fuel are run by people having experience in managing such organizations. Taking into account this ever-present demand, a PGDM program is designed to provide students with the necessary knowledge and skills to run such organizations.

According to the program structure, PGDM is a rigorous two-year program in which the students are introduced with subjects in multiple streams of management such as marketing, finance, HR, operations and others.

In the first year, the common subjects introducing the various management streams are covered. These subjects include the fundamentals of marketing, fundamentals of accounts and finance, introduction to HR and organizational behavior and others. Certain business schools, such as Asian Business School Noida, which are sensitive to the environment surrounding us in our vicinity, cater to the all-round development of students with subjects in other important realms. These subjects include environmental management, business environment, and also subjects covering media management focusing on management in the media industry.

During the second year of the PGDM program, the students are assigned their specialization subjects depending on their preference. They then focus on their respective specializations for enhancing their knowledge and to get the required skills for adding value to the organizations where they will eventually get placed.

To learn in detail everything you need to know about PGDM Program, read a relevant blog on the topic on the website blog page of Asian Business School (ABS), Noida – which is a part of Asian Education Group (AEG) and is rated as one of best B-School in Delhi-NCR.

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Unravel the MBA vs PGDM Dilemma, Know What is Best Suited for You

Students who have recently finished their graduation and are looking for an admission in a professional management program may just feel a bit bewildered as some may have recommended them to get enrolled for Master in Business Administration (MBA) whereas others may have influenced them to go for Post Graduate Diploma in Management (PGDM). They may ponder that not long back, more students used to prefer MBA but now there is a remarkable shift towards PGDM. This may make them ask themselves as to “why PGDM”? Well though outcomes of both the programs are pretty much similar, however, there are certain strong differences that they must know.

Being a postgraduate course, PGDM is offered by autonomous institutions as they do not offer an MBA since they are not affiliated to any University. Comparatively, it has got a unique advantage as compared to MBA, more so in case one is planning for a career in the corporate sector.

Another advantage of the PGDM program as compared to an MBA is that the curriculum in the case of PGDM is dynamic and more flexible as compared to that of an MBA. It normally gets updated frequently whereas the curriculum for MBA does not get updated that often as any change in course curriculum has to be approved at the university level that generally takes a lot of time. On average, the MBA course curriculum by Indian Universities gets updated after a gap of 4-5 years and in certain cases even more than that.

Apart from these, there are several more points of differences between the two seemingly similar management programs which the aspiring students will do well to understand and know what is best suited for them.

Read more about it on the ABS Blog page.

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Understand Clearly the Scope & Career Prospects of PGDM Program

Universally, education gives us knowledge of the world around us and builds in us a positive perspective of looking at life. The main goal of education is to prepare students for beneficial participation in society. Nowadays, the growth of economic globalization and technological advancement has contributed a lot to the increasing importance of management studies. Indeed, business corporations rule the contemporary world. In this backdrop, Post Graduate Diploma in Management (i.e. PGDM) is gaining momentum as it provides students a platform to strengthen their ground in the area of management skills or entrepreneurship. Moreover, PGDM enhances leadership skills which are required to be successful in managing business operations in various sectors.

Besides, the program also takes care of the overall personality development of a student and provides them with good problem solving and communication skills. In addition, it is equally important that aspiring students need to be well-aware of the PGDM specializations when choosing to pursue their Masters in management, as an informed choice will help them in choosing the right job in the future.

A few sectors which offer great career prospects for PGDM students include Businesses & Firms, Banks & Financial Services, Hospitality, Health Care Facilities & Hospitals, Human Resources, Rural Management & Retail Management, New age careers like some in the IT industry, Law Firms, Digital Marketing, and Entrepreneurship.

To understand clearly the scope and career prospects of the PGDM program, visit the website blog page of Asian Business School (ABS), Noida – which is a part of the Asian Education Group (AEG) and is rated as one of best B-School in Delhi-NCR.

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UNDERSTAND THE MANTRAS TO SURVIVE AND SUCCEED IN A PGDM/MBA PROGRAM

Aspiring students embarking on the professional courses like PGDM /MBA have a lot of enthusiasm and hope that these are the doorway to their future and the first step to their dream job or career. However, upon settling in into the system, they realize that there are a lot of confusion because they are not able to clearly understand where to proceed, how to proceed, whom to ask. In fact, so many things are running at the same time that they start feeling left alone in the crowd.

In this predicament, it is best advised that the students should seek to understand the ways and means – or “Mantras” – on how they can survive in a PGDM college.

One such ‘Mantra’ is “Getting Back on the Plan”, whereby it is suggested that the key to success is having the sense of destination. This is practically like a flight of an airplane in which the pilot is well-aware of the flight plan. He very well knows where he has to go and will start off according to that. But during the flight due to bad weather, wind, rain, air, traffic, turbulence, etc. the directions may keep on changing. These small deviations however are never a hindrance to reach the destination because the pilot is getting continuous feedback from the person sitting in the control tower.  So the hope lies not in the number of deviations you make, but in the plan, the vision and the ability to get back on track.

To understand more about such ‘Mantras’ to survive and succeed in a PGDM/MBA program, read a relevant Blog on ABS website blog page

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The Critical Role of Top PGDM Colleges in Bringing the Industry to the Classroom

Education, in modern times, cannot be restricted to theoretical classroom teachings only. This is particularly true for a highly-skilled professional management program like PGDM where it is extremely important and vital to maintain a high-standard classroom delivery with lots of researches, projects, on-job training, industry interface, symposiums, and business competitions, etc. with the dynamic involvement of industry to make students skilled to meet industry expectations.

Normally, all top PGDM colleges in India have a well laid out program to cater to this strategic need to bring the industry to the classroom, so to say. To quote one such example, one can mention the academic delivery details of the flagship PGDM program at Asian Business School (ABS) located in Delhi NCR’s Noida – which is a part of Asian Education Group (AEG) and is ranked 7^th Amongst ‘Top B-Schools of Excellence’ by CSR-GHRDC. 

In order to achieve this goal of bringing the industry to the classroom, Asian Business School (ABS) has a well-structured and exceedingly monitored “Campus to Corporate Connect Program”. As a top b-school, ABS works tirelessly to strengthen the ABS brand in the corporate world to bring industry in the classroom.

A few of the major initiatives undertaken at Asian Business School towards strong corporate-college synergies include initiatives like Distinguished LEAD Lecture Series, Industry Mentorship Program, Corporate Visits, Live Projects, Business Competitions, Corporate Quizzes – which are in integral part of ABS PGDM curriculum to build a strong ecosystem for the overall development of their management students, with active involvement of industry professionals. It is basically a process of transforming an individual from a naive to promising management professional. As this is one common ground where the corporate and college join hands to mold the soft clay, the craftsmen have to be very diligent and creative.

Know more about this critical role of top PGDM colleges in bringing the industry to the classroom on the ABS Blog page.

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International Study Trips Develop Important Global Perspective in PGDM Students

The fundamental objective of education is to provide us with knowledge of the world around us and develop us a positive perspective of looking at life. In addition, one of the goals of education is to prepare students for valuable participation in society.

Normally, a student masters the technical knowledge, skills, and abilities through traditional classroom activities. And, for a skilled professional management program like PGDM, it is very important to have a high standard classroom interaction with lots of projects, role plays, researches, business competitions, and industry internships to fulfill the needs of a changing business environment.

To achieve this end, top PGDM colleges in India like Asian Business School (ABS) in Delhi NCR’s Noida have a well-designed PGDM program that helps students in building the ability to cope with changing the business environment. Universally, this program adds further in the development of skill sets of students by including international study trips in developing a global perspective in PGDM students which further increases their employability score.

For instance, at Asian Business School, Noida – which is a part of Asian Education Group (AEG) and is ranked 7^th Amongst ‘Top B-Schools of Excellence’ by CSR-GHRDC – the ABS PGDM Program has a strong emphasis on practical application and real-world experiences through international case studies, mentoring program and international study trip to London and make this program a holistic one.

To talk of the international study trip to London – which is also known as Oxford Study Program of ABS – it is basically designed to give students the opportunity to earn an Executive Diploma in International Business while residing in Oxford, UK. Along with classroom study, the Oxford Program includes participation in project work and on-site visits to historical and cultural venues in Oxford and London, U.K. keeping in mind the vision that “Until you actually arrive in a culture, and experience it and see your own reaction first-hand, it’s hard for people to understand what it’s like to work in a global environment.”

To understand in detail how International Study Trips develops an important global perspective in PGDM students, read a relevant Blog on the ABS website. 

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