Frequently Asked Questions
1. What distinguishes a PGDM degree from an MBA?
The foundations of business and finance are the main focus of an MBA program, which is a theory-based curriculum. It is taught in colleges and universities that are associated with the University Grants Commission (UGC). Because universities are unified and connected to a single primary university, courses are rigorous and follow a common curriculum. Numerous university grants and scholarships have made the fee structure less expensive. Technical and analytical knowledge are given more weight.
A diploma or certification is a Post Graduate Diploma in Management (PGDM). It is an application-based program that focuses on real-world management practical skills. It is taught in All India Council for Technical Education (AICTE)-accredited colleges. The course is adaptable, with case studies, on-site training, and simulations. The curriculum is not centralized and varies between colleges. Because financial aid is not available, the fee structure is more expensive than that of an MBA. Soft skills, practical knowledge, and employability are prioritized.
2. Can a student with a science background who has never worked in business or finance pursue an MBA?
Yes, MBA programs are open to students with any educational background who can achieve a minimum of 45 to 50% aggregate (or CGPA) in their undergraduate course. Starting trouble is unavoidable, but after grasping the fundamental concepts of mathematics, finance, economics, and marketing, the candidate is ready to face real-world business situations. Furthermore, additional skills can be learned practically on the job by gaining experience.
3. Can I apply for more than one program in the same application?
It is not possible to apply for more than one program using the same application form. However, for some programs, a second and third preference option will be available when filling out the application. The candidate can enter their preferences from the drop-down menu. The candidate cannot manually enter her/his preferences on the application printout.
4. Are MBA programs only for entrepreneurs and those interested in starting a business?
No, MBA courses are for anyone who wants to learn the fundamentals of business and how it works. An MBA can be pursued by someone enthusiastic about learning new things and solving business problems. Candidates who complete the course can take on various roles based on specialization to learn and grow within the company hierarchy. Some candidates contribute to the company's back-end growth by pursuing a Ph.D. in management and working as a subject matter expert or consultant.
5. Which is better, a full-time or online MBA program?
A full-time MBA program is a classroom-based degree program. Classes are held in colleges and institutes that are autonomous or affiliated with the main university. The curriculum is strict and tightly controlled to ensure that subjects are completed on time. Candidate attendance is constantly monitored. Working while learning is not recommended to ensure complete concentration and discipline.
An online MBA program is a degree program that is completed from the comfort of one's own home. Classes are delivered through online portals, which rely solely on a stable and consistent internet connection. Institutes are not always accredited or affiliated with prestigious universities. The curriculum can be completed at any time, which increases the possibility of delays. Candidates may work while earning; however, proper focus, discipline, and management are required, or candidates may incur losses due to irregularities.