In current times, every company needs a group of expert professionals to endure the competitive business atmosphere. However, a manager must be qualified enough to handle the difficulties a company encounters throughout its existence. Competent experts pass on their capabilities on to others through management education institutions. Management institutions are spread across the world in great numbers. However, the role of a B-school is not limited to educational progression or improvement of understanding as a Post Graduate Diploma in Management (PGDM) program concentrates on developing knowledge and improving the capabilities vital in order to sustain in the corporate atmosphere. Some of these competencies include company research and decision making capabilities, group capabilities, interaction and leadership ability.
In a recent study, it has been found that there will be large demand for management professionals in India in the next five years. This is the reason why a huge number of students are now concentrating upon high quality management education and this has enabled many educational institutions to offer two year full time PGDM program. There is always a discussion among the prospective students as to which course is better- PGDM or MBA. When opinions of many experienced personnel were taken into consideration, it was observed that PGDM program is equivalent to the MBA program and in some of the aspects, it is even better than MBA.
PGDM and its benefits
PGDM program which is offered by AICTE approved institution is industry oriented and is perfectly suited for the students who are interested in making a long term career in the field of business administration. One more advantage of PGDM program is that the course curriculum is periodically updated as per the requirement of the industry and this helps the aspirants to acquire the most up-to-date knowledge of their field. The specialization options available in the PGDM program enlighten the students about the specific subjects and enable them to be the jack of all & master of one.
Although, there are many best B-Schools in India which offers PGDM program, there is one B-school which is unique and truly understands that in order to survive in this fast paced competitive age, one has to be innovative. Through its RAIN Lab (R-Reflect, A-Act, I-Innovate & N-Nurture) this institute named iFEEL (Institute for Future Education, Entrepreneurship & Leadership) encourages leadership & entrepreneurship development as this out of the box initiative permits the candidates to take up creative projects and thereby learn the business strategies as per the practical world’s requirements.