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.
Some of the popular colleges/universities that are offering the course are:
- XLRI, Jamshedpur
- Academy of Management and Professional Development
- Alagappa Institute of Technology
- Apex Institute of Management
- Asian School of Management
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|
|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|
|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 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.
|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|