Post Graduate Diploma in Business Management or PGDBM is a 2- yr professional postgraduate diploma degree programme in Business Management. The course efficiently prepares applicants with higher knowledge, skills, and competencies in the key functional regions of management and additionally opens career scope for them in many regions.
The primary eligibility for PGDBM just like PGDM in marketing is a Bachelor's diploma of minimum three years duration in any area from a recognized college/university.
The applicants need to have at the least 50% aggregate marks in the graduation degree to be eligible for the program. Admissions to PGDBM institute are carried out via known entrance tests like CAT, XAT, GMAT, CMAT, MAT etc. A PGDBM graduate is generally provided positions like Business Development Manager, Financial Analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, etc.
PGDBM teaches graduates the enterprise framework and the functionality of diverse business models. The course equips you with strategic thinking methods to enhance organisational core competencies and manage any business at an essential level and optimise its value and functioning.
Many students choose to study PGDM in Business Management because: Networking & Entrepreneurship: PGDBM graduates are skilled with having a knack for the present day market scenario, excellent commercial enterprise sense, great analytical talents, and most importantly, effective networking aptitude. This course enables graduates with a strong commercial enterprise network to venture out a brand new business and grow to be successful entrepreneurs.
Corporate Career: Graduates who've earned a PGDBM diploma can take up any job profiles consisting of Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, etc.
Top Skill Acquired: This program will educate them about marketing, information technology, financial framework, commercial enterprise laws, organisational behaviour, business strategies, Financial Derivatives. Along with these, this program may even impart essential management skills like Risk Management, Trade & Marketing Management, Financial Management, Economic & Management Decisions, etc.
Lucrative Job Opportunities: PGDBM graduates are favoured by multinational businesses during recruitment. The program gives a great professional scope in Business Development, Accounting, Economics, Marketing, Sales, Finance, Human Resource, etc. Some of the best recruiters are Bain & Company, Boston Consulting Group, BYJUs, Capgemini, Cognizant, Deloitte, Edelweiss Tokio, EY, Google, Goldman Sachs, HCL, HDFC, IBM, Infosys, JP Morgan, L&T, McKinsey, PWC, Wipro, etc.
The admission procedure for the PGDBM course relies upon the national level entrance exams which includes MAT, CAT, CMAT, GMAT, XAT, etc. The qualified applicants will be further selected on the premise of group discussion and PI/WAT. Some of the institutes additionally offer direct admission to the scholars both on merit basis or on management quota basis for PGDBM courses.
After successfully finishing the PGDBM program, graduates have significant career options. They can be seeking employment in Multinational corporations within the departments along with IT, Finance, Marketing, Education, Management Consulting, Travel & Tourism, Hospitality, FMCG, BFS, Business Development, Accounting, Economics, Marketing, Sales, Finance, Human Resource, and many others.
After graduating from PG Diploma in Business Management from PGDM colleges in Maharashtra, there are vast possibilities for qualified applicants and they could start their own enterprise, work in a multinational company, go abroad, and join an international organisation, and many others. Since it is a diploma program, a candidate can go for a masters program like MBA even after finishing PGDM. Candidates can also move for PhD in Management.