PGPM, an industry-driven and business-centric course, offer a platform for the students to enhance managerial and administrative skills. This 1-2 year course is an ideal choice for professionals who are strongly motivated to make themselves unique and want to climb the corporate industry’s success ladder.
More so, the course provides all the necessary skills set and knowledge in a short period that are required to deal with management and business-related issues effectively. It builds students into competent managers who can use their skills to utilize human, financial and technological resources fully.
In order to pursue this course, students must possess an undergraduate degree from any stream with a minimum of 50-60% of aggregate marks. Students might also need to qualify in the national, state, or university level examination. PGPM is a flexible, budget-friendly, and lesser duration course, excellent for those who want to switch their careers.
PGPM Course Details
PGPP is typically a 1-2 year course generally opted by Industry-ready professionals. The course is appropriate for individuals currently working in the business industry who want to equip with a broader perspective, vital skills set, and enhanced knowledge about business management. In a gist, the course helps professionals gain managerial and administrative skills to climb up the success ladder in the corporate industry. Individuals can pursue the course only after completing a bachelor’s degree with minimum marks set up by the institutes. If one is interested in completing the course in one year, they can take the Executive PGPM course; otherwise, they can take up a Full-time PGPM program. The course, however, is more flexible and budget-friendly as professionals can obtain the certificate without disrupting their professional life.
Moreover, the PGPM program is not a degree course but a certification course. It is being only studied to strengthen leadership skills, practical teamwork skills, organizational equilibrium skills, etc. Numerous MBA/PGDM colleges offer students to get admission and study the course. But, they could take up the course only after fulfilling the eligibility requirements and qualifications. The colleges and universities have their own measures to provide admission to the program. It means the process of selection might vary from institute to institute. After completing the course, students can gain and reach for prominent positions, including Human Resource Manager, Finance Manager, Marketing Manager, Operations Manager, Retail Manager, and a few.
Key Highlights of PGPM Course
Degree: Post Graduate (Certificate)
PGPM Full Form: Post Graduate Programme in Management
Eligibility Criteria: Students must have completed graduate degree from any stream with work experience
PGPM Course Duration: 1-2 Years
Employment Roles- Retail Manager, Finance Manager, Tech Consultant, Operations Manager, Tourism Manager, HR Manager, Hotel Catering Manager
Average Fees for PGPM Course: 2lacs to 15lacs for the entire course
Average Salary for PGPM Graduates: Starting Salary is around 10 Lakh p.a.
Reasons to Pursue the Course
The post-graduate management programme is an excellent choice for students interested in gaining comprehensive knowledge in business and management. Through a live case study approach, the course imparts skill-set development, organizational teamwork, and value-based management learning. Several advantages are considered in applying the course, which include the following:
(a) Budget Friendly
(b) Short Duration Course
(d) Comprises specialization options
(e) Provides ample opportunities to use the theoretical understandings in live business issues
(f) Extensive hands-on exposure via projects and internships
(g) Provides a platform for the less experienced professionals to accelerate career growths
(h) An excellent option for those who want to switch careers
Eligibility Criteria for P.G.P. in Management Course
P.G.P. in management is an industry ready course that helps develop competencies, teamwork, managerial abilities and many more to the students. So, in order to get enrolled in the postgraduate program in management, students must possess the requisites of soft and hard skills. Numerous universities and colleges in India and abroad offer PGPM courses or their variants to students, but they essentially need to be eligible to study the course. Here are the essential requirements that candidates need to take in before applying to the programme:
(a) Applicants are required to hold an undergraduate degree from a deemed university with minimum marks specified by the chosen universities and institutions.
(b) Candidates must have secured 50-60% of aggregate marks in their bachelor degree. However, the minimum marks may vary from institution to institution.
(c) The aspirants also need to have a good rank and marks of the accepted entrance exams, including X.A.T., C.A.T., M.A.T. and several others. Candidates might also need to have work experience, but it may vary according to the norms of the institute.
(d) Apart from these, universities and institutes might also demand other eligibility conditions from the students that they will have to satisfy. It varies from institute to institute.
Many students desire to pursue the PGPM program and its variants course from abroad. But, for this, they require to fulfil specific eligibility requirements demanded by the institutes. Therefore, to apply for a P.G.P. in management from abroad, students will have to provide language proficiency test scores such as TOEFL, IELTS, P.T.E., to name a few. Institutes and universities might also ask for GRE scores, S.O.P. (Statement of Purpose), and L.O.R.s (Letters of Recommendation).
Popular Entrance Exams for PGPM Course
Post Graduate Program in Management course provides a platform to the students to enhance their business competencies, leadership skills, and effective teamwork to accelerate individual career growth. In order to provide access to the program, institutes have formulated certain admission procedures which students will have to complete. One of them is qualifying in the national, state, or university-level entrance exams. Here is the list of popular entrance exams, which students will have to clear to study the program:
XAT (Xavier Aptitude Test): It is a national level entrance exam conducted by XLRI Jamshedpur to allocate seats in MBA/PGDM courses. XAT is a computer-based test wherein multiple-choice questions are asked from the students.
CAT (Common Admission Test): CAT is a national level entrance test for admission in graduate management courses. It is a computer-based exam of 3 hours conducted every year by IIMs.
CMAT (Common Management Admission Test): CMAT is a national level qualifying test for various management courses. It is a computer-based exam conducted by National Testing Agency (NTA).
ATMA (AIMS Test for Management Admissions): It is a gateway for providing several management programs, including PGPM, PGDM, MBA and many more. This entrance exam is conducted online and asks multiple-choice questions.
Several other entrance exams are available for the students to get admission into the programme, including IBSA, SNAP, and UPSEE.
PG programme in Management Admission Process
The industry-ready professionals who want to boost their managerial and administrative skills can take up the PGPM course. To get admission into the program, professionals must ensure that they are fulfilling the requirements set by the institutes and universities. Most colleges offer admission into the program on the basis of a scorecard of entrance exams. Students get shortlisted for further selection steps when they have qualified for the entrance exams. However, the universities and colleges conduct their own selection process to allocate seats into the course. Here is the general selection process for the students to get a basic understanding of the admission process:
(a) The students’ first step is to understand the admission procedures of the colleges and universities they are interested in. You also need to check through which entrance exams, colleges and universities offer admission to study the program.
(b) Your next step is to fill out the application form for any entrance exam through which you will get admission into the college/universities.
(c) Qualifying in the entrance exam is crucial for the students to take admission into the PGPM and its variant courses.
(d) After the declaration of the result, the colleges and universities will shortlist the suitable candidates. Students get shortlisted by considering various parameters, including their academic marks, entrance exams score, work experiences and several others.
(e) After being shortlisted, students will have to appear in the Group Discussion, WAT, followed by a Personal Interview. On the basis of performance made in the entrance exam, GD, WAT, and PI, students get admission into the colleges.
Post Graduate Program in Management Specializations
Students have two options when it comes to pursuing PGPM course; one is Executive PGPM course and another is Full-time PGPM course. Executive PGPM is one year course, whereas Full-time PGPM is a two year course. The later one also comes with specialization options, which include the following:
(c) Human Resources
(d) General Management
(e) Information Technology
Post Graduate Program in Management (PGPM) Syllabus
Post-Graduate Programme in Management is a course generally taken by the students after graduation. It is usually chosen by professionals who are working in business Industries and are interested in strengthening their managerial and administrative skills. The carefully crafted syllabus is designed to provide all the necessary knowledge and experiences on effectively tackling business-related issues. Moreover, the course encompasses several vital topics and subjects which are necessarily essential to climb up the corporate ladder. Managerial Economics, Organizational Behaviour, Operations Management, Business Research, Business Strategy, Business Ethics, etc., are some of the significant subjects students will have to study under the course. The course, however, comprises several other subjects and topics, which include:
Curriculum of the Post Graduate Programme in Management
|Marketing Management||Business Communication Skills|
|Decision Sciences||Accounting and Finance|
|Business Economics||Sales and Distribution|
|OB, Ethics and Legal||Supply Chain Management|
|Business Strategy||Leadership, Engagement and People Performance|
|Enterprise and Risk management||Leading Change for Sustainable Futures|
|Digital Business Innovation||Marketing Research|
|Organizational Behaviour||Elective Paper (Choose any One)|
|Human Resource Management||————–|
The course, however, also includes an elective curriculum. The students are asked to pick any elective subjects in the last year of the course. Here is the list of elective papers students can choose from in the PGPM program:
|Marketing Analytics||Big Data and Cloud Computing|
|Brand Management||Machine Learning|
|Digital Marketing||Consumer Behaviour|
|Financial Modeling||Supply Chain Modeling|
|Financial Risk Analytics||Bank Management|
PGPM Jobs and Career Prospects
Although PGPM is not a degree course, it helps professionals to grab numerous promising career opportunities such as Tech consultant, Finance Manager, marketing manager, etc. The individuals having both work experience and formal management certificates such as PGPM stand out as versatile professionals in managing an organization. The demand for such competent professionals in companies or organizations is huge, evident from the IT to banking sectors. Moreover, the need for PGPM graduates in the coming days will increase more as several unicorn companies are being built every year. Recently at the start of 2022, at least 10 Unicorn companies are created in India and will soon hit a century. Thus, the demand for competent professionals in management, business and administration of a company or organization will continue to expand. Here is the list of some prominent job profiles that can be availed:
(a) Sales and Marketing Analyst
(b) Finance Manager
(c) Tech Consultant
(e) Business Consultant
(f) Operations Management
(g) Marketing Manager
(h) PR Officer
(i) Brand Manager
Employment Sectors for Graduates
Students can have numerous career opportunities after completing PGPM and its variant course. One can consider any employment area which would be suitable for their professional as well as personal life. Here are some of the popular employment sectors one can consider to be employed:
(a) Educational Institutes
(b) Marketing Units
(c) Finance Units
(d) IT Companies
(e) Business Firms
(f) MNCs Companies
(g) Hospital Industry
(h) Insurance Sector
(i) Telecom Industries
(j) Consultancies Units, etc.
Difference between PGPM & MBA
PGPM refers to a postgraduate program in management. The course is provided to the students interested in boosting managerial skills and abilities. It is a certificate course that is conferred on the completion of 1-2 years of a management programme. More so, the course is provided by non-affiliation colleges, and therefore, it is called an autonomous programme.
M.B.A. stands for Master of Business Administration that helps students gain skills and experience in various areas related to management, business and administration. It is a degree course that can be conferred on the completion of two to three years of a management programme. The course is obtained from an affiliated institution. Here is the list of differences between PGPM and M.B.A. courses:
|Parameters||MBA Course||PGPM Course|
|Full Form||Master of Business Administration||Post Graduate Programme in Management|
|Eligibility||Bachelor’s degree from any stream||Bachelor’s degree from any stream. Might Also need work experience|
|Available Modes||Part-Time, Full Time, Distance learning||Part-Time, Full Time, Distance learning|
|Duration||2-3 years||1-2 years|
|Affordability||More affordable generally||Less Affordable generally|
|Careers||Financial advisor, HR, Marketing advisor, etc.||Managerial Profiles|
|Focus||It stresses on imparting all aspects business knowledge and developing technical skills.||It completely focuses on imparting skills related to Management|
|Programme||Offered by Institutes affiliated with Universities||Offered by Institutes not affiliated with Universities|
|Eligibility for Ph.D.||Yes||No|
|Curriculum||Rigid||Flexible (Because professional can obtain with still retaining his jobs)|
Difference between PGDM & PGPM
PGDM or Post-Graduate Diploma in Management is a two-year full-time course provided by various B-Schools (Autonomous bodies). It is an industry-oriented diploma degree that helps students to enhance vital understandings/concepts of management.
PGPM or post-graduate program in management is a 1-2 year certificate course offered by various non-affiliated institutions to strengthen the business competencies. Given below is the difference between PGDM and PGPM:
|Full-Form||Post Graduate Diploma in Management||Post Graduate Program in Management|
|Duration of the Course||2 Years||1- 2 Years|
|Salary||12- 15 Lakhs||16 – 20 Lakhs|
|Eligible for Ph.D.||No||Yes|
Salary after Pursuing PGPM Course
The PGPM course is carefully crafted to provide all the necessary skills and hands-on exposure to the professional to develop business competencies, teamwork skills, and organizational equilibrium. Students imbibing all these will help them to lead a rewarding career in the corporate world. The salaries of the individuals leading corporate roles are pretty lucrative. They can earn at least 10 to 22 lakh p.a. The salary offered to graduate students could vary depending on the employment areas, job roles, skills set, colleges they opted for, and many more. Students who graduated from top colleges can easily surpass INR 10lakc per annum mark.
Most students take up the PGPM course because of its short duration nature. It quickly adds-on essential skills into the students to lead the corporate roles. Some of the prominent job profiles with lucrative salary packages are Finance Manager (INR 9,30,000 p.a.), Business consultant (INR 9,00,000 P.A.), Operations Management (INR 7-8lac per annum), and many more.
Colleges for Post Graduate Programme in Management (PGPM)
(a) IIM Ahmedabad
(b) SPJIMR Mumbai
(c) IIM Indore
(d) IIM Trichy
(e) IIM Shillong
(f) IIM Calcutta
(g) IIM Bangalore
(h) IIM Kozhikode
(i) Institute of Management Technology, Ghaziabad
(j) Great Lake Institute of Management, Chennai