Post Graduate Diploma in Management or PGDM is one of the most sought-after courses for working professionals who need a boost in their career or for undergraduates looking for higher management studies. Today, a lot of colleges and universities offer a PGDM course with various specializations to prepare the students for the ever-changing needs of the industry. Specially designed to hone candidates with both managerial and leadership skills, PGDM is known to be an ideal choice for students looking for higher roles in the corporate world.
In addition to making students industry-ready, a PGDM polishes the overall personality of candidates by nurturing their soft skills, thereby opening many career avenues. Here are nine reasons why you should think about pursuing a PGDM-
Autonomous universities usually offer PGDM courses, hence have the advantage of moulding the curriculum in accordance with the industry needs. With a more open-minded approach and learner-oriented syllabus, a PGDM course is often in sync with the corporate demands and therefore makes students industry-ready.
Choice of specializations-
Providing students with the liberty to become experts in their area of interest, PGDM offers various specializations to choose from. Students can select from a wide array of electives such as marketing, finance, human resources, health care, entrepreneurship, and many more. This gives candidates the freedom to gain the right knowledge in the desired domain and achieve a high-ranking career in the same.
Nurtures in-demand skills-
Designed to focus on both the managerial and soft skills of a student, PGDM equips candidates to take up leadership roles in the corporate world after the completion of their degree. It nurtures students with the right business skills through their extensive curriculum while also developing soft skills like communication, leadership, interpersonal skills, problem-solving, etc. This helps students become effective leaders and meet industrial challenges with ease.
Global exposure and modern learning practices-
Apart from traditional classroom teachings, a PGDM offers industrial exposure to students through various internships and international assignments. Colleges, nowadays, also collaborate with foreign universities to provide students with cross-cultural training and global management aspects. A relatively contemporary practice, PGDM aids students to grab opportunities abroad.
The perfect stage for students aspiring to start businesses of their own or explore the start-up world, a PGDM equips one with the necessary skills to commence their ventures. Most colleges have also come with entrepreneur cells that provide candidates with the opportunity to pitch their ideas and shape up their personalities to succeed in this field.
This might be one of the most significant reasons to pursue PGDM. It offers students excellent opportunities to build their network through internships and global assignments. This programme focuses on connecting candidates to business leaders with workshops and guest lectures. PGDM students are not only skilled individuals with the right capabilities but also get closely acquainted with the industry by interacting with corporate denizens.
Gain knowledge that lasts for a lifetime-
A PGDM equips students with essential industry expertise and skills that prove beneficial in the long-term as well. With modern teaching practices, this course is known to nurture real-life values in students that come in use in all spheres of their careers, be it in organizations or their businesses. It provides students with a broader perspective of the industry’s needs and challenges that last throughout their careers.
Progression within the organization-
Often opted by many working professionals, a PGDM helps individuals to enhance their career plans in their existing organizations. Since the programme is designed to focus on honing students in their area of interest, candidates gain benefits by improving their managerial and interpersonal skills in the same domain. This adds value to one’s profile and helps them to make advanced progressions in their current firms while opening doors to new opportunities.
Last but not least, colleges that offer PGDM courses often provide students with excellent placement opportunities. With such improvement in skills and knowledge, it becomes easier for candidates to land high-paying jobs in some of the top companies. For working professionals, a PGDM may add value to their resume and can aid in getting promotions with a hike in their salary packages.
While a PGDM may sound like an exciting choice for students who seek higher positions in the corporate industry, it is essential to pursue it from a reputed institution. Designed to drive ambition in students to move into the management industry, this course is an excellent choice for people who wish to become effective leaders and lead organizations. However, one must carry out in-depth research about colleges, their syllabus, and the placements they offer before enrolling for the programme.