Post Graduate Diploma in Business Management [PGDBM] Top Colleges, Syllabus, Scope, and Salary

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Sakshi Gupta

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PG Diploma in Business Management (PGDBM) is a specified course in the domain of management studies with a focus on the application of managerial principles in the domain of business. Candidate with a minimum score of 50% (Relaxable for reserved category students) marks at UG level in any stream can make an application for admission to the course. Candidate must have obtained an Under Graduate degree from a recognized central or state/private/deemed university.

Note: Students who wish to pursue their education in Management field or get a career boost, can check MBA course.

Some of the popular colleges/universities that are offering the course are:

The fee for the course ranges from INR 60,000 to 3 Lacs across various colleges and universities in the country. The variation in fee is based on the location and nature of university (that is government, state/private/deemed etc.).

PGDBM course admissions involve both, a Common Entrance Test (CET) (like CAT) as well as a merit-based mechanism that is the percentage of marks obtained by the candidate at Undergraduate (UG) level. Certain colleges/universities (Like Jaipuria Institute of Management) conduct their own exam apart from the common exams for selecting candidates for admission, however; preference is given to the score of common entrance exams when it comes to granting of admission.

The course is organized in a manner so as to channelize knowledge and skills in regards to application of managerial principles and techniques in business to the students in the respective field. This is done in accordance with the aim of preparing them effectively for the challenges in the practical domain.

A fresh Postgraduate in the domain can look for job opportunities with firms such as corporate houses, MNCs, Import-export firm, Marketing firms, Production houses etc. A new entrant in the job market can expect a starting salary in the range of INR 18,000 to 21,000. The variation in salary depends upon various factors, however; the average comes out to be in between the above-mentioned range.

PG Diploma in Business Management [PGDBM]: Course Highlights

Course Level Post Graduate Diploma
Duration of the Course 2 Year
Examination Type Semester
Eligibility Minimum score of 50% (Relaxable for reserved category students) marks at UG or equivalent level in any stream.
Admission Process Entrance exam based (In some cases)/Merit-based
Course Fee Between INR 60,000 to INR 3 Lacs
Average Starting Salary INR 18,000 to 21,000
Top Recruiting areas Corporate houses, MNCs, Import-export firm, Marketing firms, Production houses.
Job Positions Business Development Manager, Financial analyst, Product manager, Marketing manager, Sales manager, Marketing strategist etc.

PG Diploma in Business Management [PGDBM]: What is it About?

Business is a crucial part of any country’s economic cycle. At both micro and macro level, it aims at development and promotion of a commercial venture so as to earn net profit and worth in the market. Business activities form the core of financial activities that take place in a mixed type economy.

Business as such requires effective management and usage of available resources so, as to churn out maximum benefit/output. This brings in the concept of proper management and organization into the domain of business. Hence the field of business management (where managerial principles and techniques are seen discussed in the context of business activities) is seen evolving.

A PG diploma course in Business Management (PGDBM) is crafted to decimate basic skills and knowledge to the candidates so, that they turn out to become effective and efficient managers that are required at business front.The course is designed and structured in a manner so, as to fulfill the need of the business sector in terms of qualified and skilled professionals who are able to derive the best out of available resources and capital.

PG Diploma in Business Management [PGDBM]: Top Institutes 

A significant number of colleges across the country offer the course to candidates who have passed their UG or equivalent examination from a recognized state or central University. 

For your reference, we have tabled down a list of various colleges/universities that are offering this course in India.

Institute City Approximate Average Fee (Per Annum basis)
ACA Institute of Management Kolkata INR 75,000
Academy of Management and Professional Development Thane INR 78,000
Advance Institute of Management Delhi INR 85,500
Alagappa Institute of Technology Chennai INR 77,000
Alva’s College Moodbidri INR 67,500
Amar Nath Girls Degree College Mathura INR 65,000
ASSM Mukandpur INR 74,250
Apex Institute of Management Nagpur INR 1,50,000
Arunachal University of Studies Lohit INR 18, 200
Asian School of Management Pune INR 51,000

PG Diploma in Business Management [PGDBM]: Eligibility

Candidate must have passed the UG or equivalent level examination in any stream with at least 50% (relaxable for reserved category candidates) of the marks from a recognized state/private/deemed or central University

  • He/She shall not be having any backlog or compartment in any of the subject/subjects at UG or equivalent level that is yet to be cleared at the time of taking admissions.
  • Apart from the above-mentioned eligibility criteria’s various colleges and institutes may have their own additional criteria’s (like work experience of certain years) which the students would have to satisfy in order to take admission.
  • In case of reserved category students, they would have to present their reservation certificates issued by the competent authorities in order to avail the benefits applicable to them.
  • Most of the Institutes grant admissions through Merit-based/Common Entrance Test (CET) (like CAT). To get admissions in these institutes candidates would have to qualify the respective entrance exam by securing minimum qualifying marks.

The eligibility criteria’s mentioned above are common to most of the universities and colleges across the country that are offering this course to the students.

PG Diploma in Business Management [PGDBM]: Admission Process

The procedure for admission to this course involves a Merit-based scheme and common entrance test based admission process (as seen across various Universities and colleges in the country). 

  • Most of the institute requires the candidate to qualify a common entrance test for admission.
  • Students have to qualify these exams (for which they should be eligible to appear) in order to get admission in the course.
  • After the conduct of the test, a merit list of finally qualified candidates is prepared and candidates are invited for counseling cum admission process by the respective university or college.
  • After counseling cum admission process final allotment of seats to the candidate takes place and the candidate is asked to deposit the fee for the course and register for the respective academic year.

Admission process would mostly be same across all the B-schools and universities that are offering this course.

PG Diploma in Business Management [PGDBM]: Syllabus and Course description

The syllabus of the course is divided into four semesters spread over a span of two years. The syllabus of the course is divided into various subjects related to the domain that students are taught during the course of their post-graduation diploma. The syllabus covers all the aspects related to the business management so as to provide a holistic understanding of the subject to the management students.

The details regarding the syllabus of the course are mentioned below so as to provide a reference to the candidates.

Year I Year II
Principles and practices of management Commercial Law
Management Accounting Banking and other financial institutions
Managerial Economics Marketing research
Business Communication Corporate governance
International Economics E-commerce
International Business Management Report presentation and Viva-Voce
Management and information systems -

PG Diploma in Business Management [PGDBM]: Who Should Opt for?

  • Students who have interest in the domain of managerial studies should opt for the course.
  • Those who have a career as Business Manager in mind.
  • Those who are looking for opportunities in the area of marketing management.
  • Those aiming at public sector jobs after graduation can also opt for the course.

PG Diploma in Business Management [PGDBM]: Career Prospects

PGDBM pass out students have plenty of options to choose from in terms of their career. One can choose from to work as Business Development Manager, Financial analyst, Product manager, Marketing manager, Sales manager, marketing strategist etc.

Related PG Diploma in Business Management [PGDBM] courses:

Read about more Post Graduate Diploma in Management courses

To provide you a holistic view of the career prospects of the course we have tabled certain areas and the respective roles attached to the same where PGDBM postgraduates can look for in terms of their career.

Post Graduate Diploma in Business Management [PGDBM annual salary
Area/Domain Role Average Salary for Fresher’s
Business Development Manager The work involves planning and research in regards to deducing of methodology for the development of the business. INR 2.98-3.85 Lacs
Marketing Manager Marketing Manager is entrusted with the task of chalking out marketing and promotion related policies for the growth of the business. INR 2.94-3.25 Lacs
Sales Manager The job involves managing of sales related data, records and profit/loss and designing strategies for boosting revenue potential. INR 3.58-3.70 Lacs
Product Manager The job involves management of all aspects that are from marketing to sales development in regards to a particular/specific product/category of the firm. INR 3.22-3.55 Lacs
Lecturer  It is teaching job involving the teaching of subject to management students. INR 3.12-3.3 Lacs

Post Graduate Diploma in Business Management [PGDBM] : 5 answered questions

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Ques. How different is PMIR from the BM course as offered by XLRI?

● Top Answer By Supriya Sarkar on 30 Oct 20

Ans. Xavier Labour Relations Institute or XLRI is located at Jamshedpur, Jharkhand. For the year 2020, XLRI was ranked 9th by NIRF in the Management category.  The HRM (Human resources management) program was formerly known as the PMIR program. BM (Business Management) program is different from HRM with respect to the contents of the course curriculum. At XLRI, a total of 360 seats are available for HRM/BM. Admission  A valid score in XAT is required for admission in the programs along with graduation in a relevant field. For the year 2020, the XAT cutoff for PGDM HRM and PGDM BM was 94 and 96 respectively. The fee structure for both PGDM HRM(formerly PMIR) and PGDM BM is INR 11.8 lakhs for a 2 year- course. Additional Information At XLRI, students are offered scholarships of Rs. 1.75 LPA. There is a 5% relaxation in total aggregate marks for SC, ST, and OBC candidates.  An overall relaxation of 10% is given to SC, ST, OBC, and women candidates. Academics HRM (formerly PMIR) course aims to impart skills related to the management of HR to students like Human Resource Planning etc in a manner that is contributing to the overall development of organizations and individuals.  BM course aims to inculcate a conceptual understanding of current management theory with respect to Indian and international business.  Placement: XLRI has an Alumni base of more than 16,000. It has tie-ups for exchange programs with over 15 international institutions.  In the year 2020, the IT/ITES sector recruited 30% of the total students, becoming the largest recruiter for the college. The table given below shows the placement statistics of the institute: Aspect XLRI No. of students placed 90   Major recruiters KPMG, PricewaterhouseCoopers, Accenture, Microsoft, Amazon, P&G. Highest Domestic CTC INR 26 LPA Average Domestic CTC INR 15.42 LPA Highest International CTC INR 58.22 LPA Campus Life -  XLRI has an Interdisciplinary Behavioral Lab, designed specifically for the study of human subjects.  There are many extracurricular societies and Interest groups like Dracula, SIGMA - Oikos, AXIOM, Bodhi tree, CEASE, etc. As can be observed from the facts listed above, the primary difference between HRM and BM courses lies in the contents of the academic curriculum followed. Courses should be selected according to the skill needs of the student.Read more
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Ques. What are BM and HRM in XLRI?

● Top Answer By Supriya Sarkar on 30 Oct 20

Ans. XLRI Jamshedpur has been ranked 1st for Management programs by NIRF amongst the private institutions of the country. It offers PGDM programs in BM and HRM, which are Business Management and Human Resource Management respectively, that are two-year full-time programs. Admissions: Particulars PGDM in Business Management PGDM in Human Resource Management Total seats 180 180 Fees INR 23.60 L INR 23.60 L Curriculum: PGDM BM: The curriculum is designed to cover both core and foundation subjects with respect to business.  It offers conceptual and analytical understanding by combining management theory and practice.  The course structure is constantly evolving to provide students with the most updated industry trends. PGDM HRM: It has a focus on core subjects like HR Information systems, HR planning, Performance management and Training and development.  It also includes courses in the functional areas of management with a mix of open elective in a wide variety of subjects. Placements: PGDM BM: It offers a 100% placement rate with a highest CTC of 40 LPA while offering a median CTC of 21.4 LPA.  The major recruiters are ABB and Accenture, Bloomberg, E&Y, Bank of America. PGDM HRM: Average placement rate has been around 90% with the highest CTC of 35 LPA and an average CTC of 17 LPA.  The top recruiters are AgroTech and Airtel, Amazon, American Express. Both these specializations are highly ranked by both national and international authorities. Business Management is its flagship course, but faculties of all courses are highly qualified, few being advisors to RBI, World Bank and UN. It is on the individual to carefully choose a course after comparing all factors and work diligently to excel in that field.Read more
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Ques. How are XLRI, XIMB, FMS, and NITR to pursue MBA (BM)? What about the placements?

● Top Answer By Swati Srivastava on 21 Oct 20

Ans. XLRI has been accredited by AMBA, AACSB, NBA and has been approved by AICTE. It has been ranked 9th by NIRF in the category Top B-Schools in India. The college offers MBA in Business Management as a two-year course at a fee of 23.60 Lakhs for the full period. XIMB has been approved by AICTE. It has been ranked 10th, 16th, and 17th by Outlook, The Week, and The Economic Times respectively in the category of Top B-Schools in India. The college offers MBA in Business Management as a two-year course at a fee of 19.30 Lakhs for the full period. Faculty of Management Studies (FMS) has been ranked 35th by NIRF rankings in the category of Top B-Schools in India. The college offers MBA in Business Management as a two-year course at a fees of Rs20,960 for the full period. The course is ranked 5th and 7th by The Week and BW Business World Rankings. National Institute of Technology, Rourkela is ranked 29th and 32nd by QS University and NIRF. The college offers MBA as a two-year course at a fees of 4.33 Lakhs for the full period. Placements XLRI: The college has a perfect placement rate of approximately 100%.  Companies such as BCG, Bain & CoMcKinsey, HUL and P&G are some of the top recruiters which visit the campus for the placement season.  The average salary offered is an impressive 18LPA.  The highest package offered at the college is 40 LPA. XIMB: The course has a perfect placement rate of 100%.  Companies such as HDFC, Citi Bank, CRISIL, Capgemini and Deloitte are some of the top recruiters at the college.  The average salary offered is an impressive 18LPA.  The highest package offered at the college is 40 LPA. FMS: The institute recorded 100% placement rate with companies such as Accenture, Amazon, Airtel and Asian Paints are some of the top recruiters. The average salary offered is an impressive 23 LPA. The highest package offered at the college is 48 LPA. NITR: The course has a perfect placement rate of 80%.  Companies such as Infosys, IBM, Microsoft, and Reliance are some of the top recruiters at the college.  The average salary offered is 6LPA, however, the placements have been improving since the past few years. NITR would be placed 4th among the four colleges since its MBA course is relatively in the development stage. Among the other three colleges, each college is placed neck to neck. According to NIRF rankings, XLRI is the best among the colleges with great placement and campus to back up the claim. FMS is a close second and is a great choice given its location in a metropolitan city.Read more
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Ques. How is AMET University, Chennai for an MBA in fisheries management?

● Top Answer By Akankshya Pattanaik on 13 Oct 20

Ans. AMET University, Chennai is a technology-oriented higher educational institute that offers a range of undergraduate, graduate, and other courses in the field of engineering, maritime education, and training. MBA in fisheries industrial management is one of the unique programs that offer exposure in the area of marketing, management, and technological issues related to fish processing and export industry, pearl culture, inland fish farming, cage fisheries, etc. A quick highlight into the course is given in the table below: Course Name MBA in Fisheries Industrial Management Stream Management Degree Type Post Graduate Duration 2 years Eligibility Graduation degree in Science/Commerce/Life Sciences with a minimum of 50% marks Fee Structure 5.78 Lakhs About the course: MBA in Fisheries Industrial Management holds the objective of grooming personnel with requisite skills and knowledge so that they can hold managerial positions in organizations engaged in various spheres of fisheries-related trade and businesses. This includes both private as well as government organizations. The course also aims to groom entrepreneurs so that the numerous opportunities available in the sector can be tapped and utilized. Admission Process: Eligibility Criteria: All the undergraduates in Science, Commerce, and Life Science from a recognized university and with a minimum score of 50% are eligible to apply for MBA in Fisheries Industrial Management. The eligible candidates are required to appear for the AMET Entrance Test. The shortlisted candidates of the entrance exam are further asked to appear for GD/Personal Interview. Thus, the final selection of the candidate is done on the basis of the performance in the entrance test and Group Discussion/ Personal Interview. Scope and Career Prospects: Fisheries Industrial Management is a full-fledged discipline of study that includes Sustainable Fisheries, Environmental Science, Technology aspects, Geographical aspects, Finance and Human aspects of the industry, regulations laid by various national and international bodies, Logistics, and Supply Chain, Coastal and Inland Fisheries, etc. Candidates with a degree in Fisheries Industrial Management can work in the fisheries sector in India and abroad, into trading activities and business management. There is also huge scope for entrepreneurial activities into fisheries, both for small scale and large scale commercial ventures. Thus, an MBA degree in Fisheries Management from AMET University is a great choice provided you are interested in pursuing a career in the field of fisheries management.Read more
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Ques. Which is better: FORE School of Management for a PGDM BM or IMI Delhi?

● Top Answer By Kumar Shiwam on 04 Sept 20

Ans. FORE School of Management is approved by AICTE on the other hand IMI Delhi is approved by AICTE, NBA and AIU. Both of them were established in the year 1981 and provide good quality programs to their students. According to NIRF rankings IIIM was ranked #28 whereas FORE was ranked #43.  Intake process: FORE School of Management:  The process of admissions in this institution is a bit lengthy. The candidate is shortlisted on the basis of scores obtained in CAT/GMAT/XAT exams.  After the shortlisting the students will be required to appear in: Written Ability Test (WAT), Business Awareness Quiz (BA-Q) and Extempore and Personal Interview (PI) The final selection is considered on the basis of marks the applicant has obtained in CAT/GMAT/XAT, WAT, Business quiz, Extempore, Personal Interview, Academic performance and work experience.  IMI Delhi: The selection process of applicants takes place in the following manner: In the same way shortlisting of candidates is done on the basis of CAT or GMAT scores. Followed by a written test, requiring the applicants to write an essay. The last round of the process consists of an interview and extempore. Then the student is qualified based on the performances in all the rounds. Some similarities/dissimilarities are tabulated below: Categories FORE School of Management IMI Delhi Companies recruiting  Companies like Asian Paints, ITC, Nestle, Infosys, Amazon, Hindustan Unilever, BACARDI, Nivea, HCL, Gartner, Wipro, etc. HDFC Bank, Asian Paints, Deloitte, EY India, Citi Bank, Wipro, Infosys, OYO, Lens kart, Sony Pictures, Radio Mirchi and more. Scholarship  Available for PGDM students  Available for students taking admissions under merit lists. Total seats for PGDM 180 224 Highest CTC  30 LPA 22 LPA Average CTC  10.6 LPA  13.07 LPA Female percentage  35% 38% Male percentage  65% 62% Total recruits  146+ 100+ Hostel facilities  No (but it coordinates with Rajhans Homes) Yes  Both the institutions have highly qualified faculties. FORE has a longer process of selection which might make it a selective institution, having limited seats for PGDM courses and hard to get in. On the other hand IMI doesn’t have that lengthy process as compared to FORE. More the number of companies recruiting the institution will automatically result in more number of students getting placed. Read more
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Post Graduate Diploma in Business Management [PGDBM] Fee Structure in India


5.50 K (Minimum Fee)PUBLIC COLLEGES1 L  (Maximum Fee)
28.86 K (Average Fee)
1.51 K (Minimum Fee)Private COLLEGES23.60 L (Maximum Fee)
2.48 L (Average Fee)

Post Graduate Diploma in Business Management [PGDBM] Fee Structure By state


Maharashtra

16.33 KPUBLIC COLLEGES16.33 K
16.33 K
6.70 KPrivate COLLEGES68.83 K
37.36 K

Tamil Nadu

5.50 KPUBLIC COLLEGES39 K
21.50 K
25 KPrivate COLLEGES25 K
25 K

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Post Graduate Diploma in Business Management [PGDBM] Colleges IN INDIA

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20 K Total fees
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11.8 L first year fees
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14.5 K first year fees
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St. Aloysius College
Mangalore, Karnataka
25 K Total fees
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51.5 K first year fees
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2.5 L first year fees
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