MBA Vs PGDM – Which one is a better career path?

If you are planning to get into a Master's program in management then you might get confused over what program to choose. Nowadays, there are two main programs that are alluring the students and help them to get the job they dream of.

MBA and PGDM are the two popular programs that you find if you visit the website of different colleges. These two courses are quite popular among students. If you are one of those people who are confused between choosing one program or the other, this article is going to help you to make the decision so that you can apply now for admission without any delay. So keep on reading as we present to you the major differences between the two programs-

• The focus of the programs

This is one of the most important factors to be considered while choosing a program. As you may already know that some colleges provide MBA and others provide PGDM, the main difference between both of them is the focus of the curriculum. Even when most of the subjects of both the programs would be similar, they would be different in a way that in MBA, the education is mostly centered on theory and technical aspects of management studies while the PGDM prepares you for the practical aspect. So, in a sense, the PGDM prepares the people who would readily adapt to the work environment.

• Course Expense

If you ever compared the course fee of MBA and PGDM, then you may have found that an MBA is a bit cheaper in comparison to PGDM. The main reason for this difference is that mostly the MBA degrees are provided by the government colleges where the fees are low. The wide scoped PGDM is provided by almost all management colleges in India. This includes the government as well as private colleges and universities. This makes the course accessible to more people. When you pay a close look, you'll find that top management universities/ colleges in India provide PGDM and not an MBA degree.

• Specializations

If you want to learn the industry-specific specialization of your interest then PGDM is a better option for you. For example- PGDM in supply chain management will prepare you for a job readily. If you pursue an MBA in supply in supply chain management, you will be more efficient in learning the technicalities of this stream.