Introduction

Niranjanlal Dalmia Educational Society successfully operates three educational institutes that are the centers of learning. Since 1991, N. L. Dalmia High School has provided quality education and better opportunities to children for their grand visions in life. The Niranjanlal Dalmia College of Arts, Commerce and Science is a well respected institution of higher learning. Niranjanlal Dalmia Institute of Management Studies and Research, established in 1995, continues the legacy of providing top-quality education to students looking for a prosperous career.

The Niranjanlal Dalmia Institute of Management Studies and Research College, Mumbai, is a well-reputed and praised management institute. The PGDM program offered by the institute has numerous students enrolled from across the nation.

What is MBA – How it helps students and specializations involved

MBA or Master of Business Administration is a 2-year program focused on developing the skills needed for opportunities in business and management. It is one of the popular management degrees, both nationally and internationally. MBA courses impart fundamental management knowledge to the students. This management degree gives a broad perspective of the practical scenario of a business and helps in developing leadership skills. It offers students the opportunity to specialize in areas they want to grow. MBA specializations in finance, entrepreneurship, marketing, business strategy, business marketing, etc.

What is PGDM – How it helps students and specializations involved

PGDM, or we can say, Post Graduate Diploma in Management, focuses on training students about business techniques. It is a 2-year course, which furnishes students with knowledge of essential management to industrial skills. It helps in developing practical industrial knowledge of management which is more market-oriented. Case studies and seminars are an integral part of the course to get a good view of the industry. In addition, there are many specializations for PGDM, including marketing, finance, HR, business analytics, supply chain management, etc.

Difference between MBA vs. PGDM

After completing graduation, many students face choosing between an MBA and PGDM. The main reason for their confusion is not having accurate information about both courses, their differences, scopes, and their vision about the career. So, let’s take a short tour of the key differences between both classes so that the students make their decisions wisely.

• MBA is a degree-oriented program; on the other hand, PGDM is a diploma course.
• The curriculum of MBA gets its approval from the university. It contains mostly theory and is almost the same in every other institute affiliated with the same university. In contrast, PGDM is an industry-oriented program, which means that it focuses on developing soft skills and the skills needed in the industry along with the .
• The MBA is accredited by the UGC, whereas AICTE accredits PGDM.
• If we talk about fee structure, the fee of MBA programs is relatively lower than the PGDM program. The PGDM fees lie on the costlier side, more like an investment.

The main difference between MBA and PGDM is the learning approach. Both programs are oriented towards different goals.

Why study PGDM from N. L. Dalmia Institute of Management Studies and Research

Niranjanlal Dalmia Institute of Management Studies and Research has maintained its legacy for more than 25 years. The PGDM program from Niranjanlal Dalmia Institute of Management Studies and Research is one of the country’s best programs. Also, the previous students have verified numerous times how delightful the experiences they had while studying in the institute. The comprehensive curriculum simplifies students’ learning so that they get ample time for each topic. They also learn industry-relevant skills simultaneously.

The faculty in the institute are well versed in their teaching. They create a learning environment for all the students, encouraging everyone to improve their hold on the subject. Before enrolling any professor for a course, the institute takes the proper assessment and trains them to provide the best to the students. On top of that, the institute also organizes many value-added programs, seminars, and certifications to enrich the student’s knowledge. Finally, the institute invites industry professionals for guest lectures, workshops, and projects. This allows students of the PGDM program to network with them and learn from the best. In addition, the students get corporate understanding, good exposure and it helps them in future. This overall development allows students to get good placement. All the students of PGDM batch 2020-2022 secured 100% placement successfully, despite the global pandemic.

Conclusion

Whether MBA or PGDM, it is essential to choose the right program for yourself. Every right step toward a career can help students achieve their goals. If you want to study business well, approaching an MBA degree is wise. But, if you need to gain industry knowledge, then opting for PGDM will be fine. According to the specialization, students can land a job as an HR manager, marketing manager, investment banker, financial advisor, project manager, data scientist, and consultant. Of course, one should choose wisely according to the job they want.

Content Sources :- N. L. Dalmia