Now a days, we hardly get to hear about people holding only graduate degrees. They now very well understand the value of postgraduate degrees and diplomas. Needless to say, the world around us has become more professional wherein only the people with specialized knowledge can excel. And, if one obtains a PG degree or diploma in the field of management, then his or her chances of qualifying for a job will increase many times. PGDM Course is one such postgraduate diploma program that not only polishes and grooms your personality but also empowers you to start your career effectively and efficiently.
1. Get a chance to join Public Sector: PGDM course uniquely prepares and touches bases most subjects from different fields, which in a way prepares a student for competitive exams. While studying you can keep a track of the openings in the public sector and apply in time to take a chance.
2. Private Equity :A private equity firm is an investment management organization, and is not registered or listed on any public exchanges. They develop their income from fees charged to clients. Some private equity firms are smaller than investment banks and have a flatter hierarchy, which helps quicker decision-making between company and employee.
An average salary for a private equity associate in India is 26 lakhs according to 2022. A private equity associate is responsible for fundraising, analytical modeling, reviewing CIMs (Confidential information memorandum), portfolio company monitoring, and many other responsibilities.
3. Investment Banker : An investment banker is a professional who proposes financial services to organizations, investors, governments, and others. An investment banker is responsible for allotting loans for business, managing investments, negotiating with mergers, raising stock capital, and many other responsibilities.
An investment banker is also responsible for preparing reports, documents, and presentations, ensuring obedience to legal rules, identifying financial risks, and much more. An average salary of an investment banker in India is 9 lakh per annum, whereas the starting salary of an investment banker is around 3 lakh.
4. Information Technology Manager : There are several job opportunities in the IT sector, and IT Manager is one of them. The role of an IT Manager is to take responsibility for the governance and ethics of the business, and the decisions taken by IT managers are based on data. Thus, data analysis is a part of the IT manager's job responsibility. An IT manager is responsible for duties such as managing finance, documentation, and presentation of the project. The average salary of an IT manager is as low as 4 lakh and as high as 30 lakhs.
5. Join as Advisor or Business Consultant: You can choose to be associated with banking and financial entities as financial advisors, business consultants in IT firms. What makes this job profile interesting and different is that you can choose to work as a full-time consultant or visit outwardly as an associated consultant.
6. Become a teacher : Teaching is one of the most underrated job profiles associated with those who have earned a postgraduate degree or diploma in the field of management. This is the area that most management professionals don’t give serious thought to, and simply ignore for unknown reasons. You have a great option to start teaching in the field of management by staying open to mentorship.
No management college or university can survive without good and qualified teachers in any part of the world. Therefore, keeping in view the same, you can seek job opportunities with reputed business schools, universities, and colleges not only in India but also across the globe. What’s more, you can also start your coaching institution to prepare management enthusiasts for various entrance examinations.
Coaching has become an industry today that millions of students across the country approach for cracking the management entrance examinations of prestigious colleges and universities. So, never rule out this possibility from the list of your career options after completing PGDM in Business Administration.
7. Start with Entrepreneurship: Entrepreneurship demands managerial, leadership, problem-solving and good communication skills, so to be a successful entrepreneur PGDM can be the first right step in the direction.
The freedom of exploring various approaches allows students to function as innovators, self-starters and makes them prone to overcome risks. These push their ideas and thoughts into implementation and make them look at industrial aspects through a realistic perspective at a younger age, helping them to attract lucrative and beneficial career opportunities.
The government too on its part is actively promoting entrepreneurships, by providing various subsidies and incentives like tax breaks, low cost finance, single window clearance, preference to the MSME sector in procurement etc. The 19 Point Action Plan developed by Department of Industrial Policy and Promotion (DIPP) has focused on restricting hindrances and promoting faster growth. With the entire system becoming agile and information flow being democratized breaking into the entrepreneurial scenario has become simpler. Moreover, there is not only an increased acceptance of entrepreneurs in the job market but they are also valued more as along with a hands-on experience in all the domains of management they also perceived to be better at identifying opportunities. This lowers the risk perceived to be associated with entrepreneurship. Explore the Aspects of Entrepreneurship
There are many management colleges in leading metro cities of the country like Delhi, Mumbai, Hyderabad, Bangalore, and Chandigarh, Gujarat which provide the best placements in PGDM, in fact, the year 2022 saw the highest number of students getting good placements in leading organizations. So, if you wish to give the right edge to your career then choosing PGDM would be the best move. Also choose the top PGDM school in India is also the main part of the career as its lifetime knowledge for career.