The academic path depends on the career goals and aspirations on has. Even in case of a management program, one needs to have a clear idea about the career progression and job security provided in various industries. On beginning this evaluation, you will first be faced with the task of choosing either going for an MBA vs PGDM and how each will affect your career progression.
In terms of qualifications, the difference between a PGDM vs MBA is clear. An MBA degree is a master’s in Business administration, provides a master’s degree, whereas, a PGDM provides a diploma qualification. Other than that, the difference between a PGDM vs MBA on your career is very little. All you need to know is how specific is your career goal. Ask yourself, “do you want to get into the marketing industry or a particular company”? you know you want to do digital marketing? The specificity of your career goal is what should ultimately affect your decision.
For instance, if you pursue an MBA after engineering or B.tech, it is better to go for an MBA as during your MBA, the skills learnt during your MBA can be further honed and can be used in varied industries alike. In other words, an MBA provides you with the fundamental knowledge and core concepts of running or starting a business. A PGDM provides you with industry-specific skills for a specific role.
However, when we think about how the business world welcomes an MBA graduate vs a PGDM graduate, there is not much difference. Expert recruiters and top companies look at how well you implement the skills and knowledge to solve real-world challenges. If you are sure about entering any particular field and have a knack for the same, go for it, do not worry about doing an MBA just because of the qualification tag.
What matters?
As a management aspirant, the facilities and infrastructure b schools offer will shape your career. A B school plays a vital role in your learning experience and career progression. Facilities and infrastructures include faculty, laboratories, teaching methodology, industry exposure, internships, placements and an industry-aligned curriculum. A B-school needs to make sure that in terms of industry connect, it should be at -par with the current demands of the industry and create a talent pool of MBA graduates ready to solve the challenges of the future.
So what you should matter is your B school taking responsibility for a students career success. The more industry inclined a B school is in its approach, the more apt the graduates to handle day to day corporate issues faced in the real world. In a post covid world, we have felt the importance of adaptability both in a business and at home. With business strategies changing overnight, one needs to be ready to face whatever the challenge the business sector throws at them.
Final Thoughts
In qualifications, a Master’s in Business Administration provides a master’s and PGDM a diploma. The industry experts and top recruiters believe that there is no difference in how the industry perceives MBA vs PGDM graduates. It is on the candidate to choose the right job role as per career goals. If your career goal is clear, a PGDM may provide you with
So, whether you go for an MBA or PGDM program, what matters is to apply your knowledge in the right sector, the right way. Understand your skillset, work on developing it with the right course and step into the business fully prepared. Your career goals should align with what you do in the future and how you achieve it.
