DIFFERENCE BETWEEN MBA AND PGDM
MBA (Master of Business
Administration) and a PGDM (Post Graduate Diploma
in Management)
1.
Nature of the Program
- MBA:
- It is an academic degree awarded by universities
(typically government-affiliated).
- The curriculum is generally more theoretical, with a
focus on academic knowledge and research.
- PGDM:
- It is a diploma program offered by institutions that
are typically autonomous or not affiliated with a university.
- The focus is more on practical, industry-oriented
skills, making it more application-based.
2.
Curriculum Structure
- MBA:
- The curriculum tends to be more standardized, with a
broader range of courses that include management theory, case studies,
and academic research.
- Generally includes fewer electives and is more focused
on the theoretical aspects of business management.
- PGDM:
- PGDM programs are often more flexible and industry-relevant,
with frequent updates to the curriculum based on market needs.
- The course structure includes more practical learning,
such as internships, projects, and live industry cases.