First of all about difference between PGDM (Post Graduate Diploma in Management) and MBA (Masters in Business Applications). MBA is conferred by institutes which are either university departments or are either affiliated to any university in particular while institutes awarding PGDM that is diploma course are not affliated to any universities. The courses in the curriculum of MBA institutes is bent on meeting the requirements of the university they are affiliated to.The PGDM focuses more on keeping up with the industrial pace and hence tend to be inclined towards applied side of management. A big difference is that after getting an MBA you are free to pursue PHD directly while after getting a PGDM you will have to go for a degree course first.
As already stated by some economists that if education sector is enlisted as an industry it will shadow many corporate behemoths in terms of abundance of money. The gigantic middle class is hell bent on providing higher education to its siblings, the demand is immense and is being met by mushrooming private colleges all over the country. I have elaborated in my previous post that how AICTE grants permission to run an approved institute in India. It has stated many statutes to operate a quality institute in its handbook but yet it does not seem that it further checks the institutes if they are providing the same quality education and infrastructure after getting recognised.
Most of you must be quite familiar with the marketing strategy of these institutes. Almost every one claims to be number one institute in entire republic of India prophesying a cent percent placement on the completion of course. Along comes the numerous unique features common to each institute like state of an art infrastructure, class rooms with ‘modern’ audio visual equipments, fully WI FI air conditioned campus and a multi coloured brochure with pictures of good looking girls with a laptop on the lap and a flattering smile on the face. Brochures also carry pictures and names of students who have been successfully placed through campus recruitment. I advise you to pick up the previous 5 year brochures, chances are that most of the pictures would never have changed. A brand new method of roping in students is to ensure an all expense paid foreign trip along with a free ‘laptop’. Those of you goodfellas with a common sense know that hefty fee paid for admission includes all the expense paid for ‘free trips’. An SMS forced under my nose even claimed to stage a freshers party in Bangkok and later with 3 months internship in Europe. Well if only had to opt MBA for party purposes!
A list of colleges offering MBA (not exhaustive) I compiled from This source. Do visit to verify all the data. The data is only till year 2009-10.
| ACADEMIC ZONES | MBA (FT) | PGDM | TOTAL |
| Central (Gujrat, Madhya pradesh) | 170 | 27 | 197 |
| Eastern (As, Jkhand, Or, WB) | 194 | 34 | 228 |
| North West (CHD, DEL, HRY, PB, HP) | 286 | 32 | 318 |
| North (Bihar, UP) | 255 | 130 | 385 |
| South Central (Andhra, Chattisgarh) | 320 | 39 | 359 |
| South (Tamil Nadu) | 190 | 8 | 198 |
| South West (Karnataka, kerala) | 150 | 28 | 178 |
| Western (GOA, Maharastra) | 204 | 56 | 260 |
| Total | 1769 | 354 | 2123 |
I have been under a relentless barrage of SMSs from many god-forsaken institutes each one of whom claims to ranked among best 10 in India. I don’t know who sold my personal Information and allowed them to encroach my personal space with so many SMSs. Don’t know how one can fit two thousand odd colleges in top ten colleges of a country. Each one of them is accredited A++ or high as A+++ by AICTE. Placements are cent percent, the rampant unemployment figures are lying all along. For some colleges I had become eligible for appearing in GDPI even the results of CAT and XAT whose scores they claimed to accept had not been declared yet. One Bangalore based college even tried to stage a telephonic interview and told me in the end that I had made it through. Ah! If only I had to throw two years of my life away.
And God-Damn IIPM guys. The institute is not even affiliated to AICTE and has been lambasted on multiple occasions for the mendacious games they play. These fellows called me two times a day from November till first half of January and asked me most silly question “Have you ever heard about IIPM?”. Of course I am not blind not to notice your advertisements which dare me to think beyond Hardworking. One gets admission into IIMs after devoting entire months for preparation. Only the cream of intelligent fellows get through. Honestly speaking you can’t transform dumb people by making them swim into your five star swimming pools or either by hosting quiz shows with Sharukh Khan. IIPM needs to grow beyond the cheap publicity stunts.
The AICTE needs to tighten its noose around the sick colleges for whom a student’s career does not matter. Indians have valued education since ages. The focus must be entirely on quality instead of quantity while what is happening is precisely vice versa. In the light of truth that Indian has most number of young people on earth it must be kept in mind that they must be properly educated otherwise instead of becoming an economic powerhouse Indian will become a reservoir of largest number of unskilled and underemployed people.
Image as seen on : julliengordon.mvmt.com
Very interesting; thank you for sharing!
The post is well presented. The tabular presentation of data is very well presented. I definitely got a better picture of MBA institutions after viewing this post.
your writting skills r rocking bro
yeah I agree. You do write well. I feel like you are actually just talking to me
Although some MBA programs are geared for graduates with no work experience, most MBA programs prefer two to three years of experience after the first degree.
I’ve seen some of the lectures given by these institutes online. Sadly, the calibre of lecturers is poor and some of the information given in lecture slides is blatantly wrong. Before departing with your hard-earned money, I really do advise that you gain references from 3 sources as to the standing of the institution in the US, Europe and the rest of Asia. These should be from established authorities outside of the country. Otherwise, employers outside of the country will not recognise the “qualification” and the “MBA graduate’s” wage will be limited to $500.00 per month.
I think that education at the moment is starting to undergo a revolution… and while many institutions are of poor quality, in another 5 years education (online in particular) will be highly competitive and of good quality.
This is fascinating, thanks for the share.
thanks that you clarify the difference of both, having an MBA is quite advantage whenever you look for a job, you’re directly position on the top level management.
Thanks for your information about MBA and PGDBM, mostly in the newspapaer there is information about MBA not about PGDBM. But now nobody wants to do MBA, recently in the latest news that the placement of PGDBM is higher than MBA… is it true !
It is a great advantage to have finished MBA. Companies are now looking for people who has more higher degree than those who completed college. I appreciate that you have made a good distinction between MBA and PDGM.
Have a nice day!
I work with children – helping them to become literate! Let’s just hope that there is still a chance for them to achieve and feel some self respect through their talents when they are older!
I interested in MBA to get more chance in my career
Thanks for your sharing
Its really wonderful information.I was having doubts in what was the difference between MBA and PGDM.You have given enough information about PGDM and MBA.By reading this blog i get sufficient information, which I was looking for.Thanks for sharing.
I have both friends who went to private school and friends who went to public school. If kids want to learn they will learn in any environment. The success rate is probably higher with the public school kids that i know.
Nice post, i like your writing style
I am working as a lecturer now at a university in Australia. The procedure are slightly different with many country though but it’s very interesting. I do not know much about education in India. Thank you for sharing with us.
an age, very hard to find a good job.
particularly for newly graduated students.
i believe that the best way to lear is if you are in an evironment with less children and more teachers. there is a big possibility that this is in a private school.
I feel overqualified and underemployed myself.
In my opinion private schools are a great idea. The students receive more information and attention (maybe that’s because you pay more taxes
).
Still, Good idea!
This blog given real status of MBA education & i agree with Russell Davison
The way this information presented is more informative.
Hi,
You have shared information driven points. I am really going to bookmark your post. Thanks a lot.
The comment above which pertains to this article is really intriguing. I want to know the truth about MBA institution. I smell something fishy bad here.
In such unsure times it is interesting to read that the feelings of the common man and middle class worker are similar around the globe. Even here in Canada we are facing similar problems. We really are a global family now, with all of our markets intertwined.
What a great article! Thank you for your nice writing.
Nice article about MBA,I am very much interested to do MBA,now your article inspires me a lot.
PSd to X Cart
You have shared information driven points,thank you for shearing information.
What are the benefits of each? MBA would carry more weight but PGDM would help in the present market situation not just based on historical market facts. Which would be the best bet for today’s demand?
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I agree that the focus should be on the quality of education a student gets. Thanks for this article about MBA institutes.
I think there are many alternatives to choose from, both good and bad, for a graduate program or MBA. The important thing is to choose to provide the best academic quality.
I didn’t make any studies but I don’t think it’s a good idea. Education should be free and the same for everyone.
Students should be told early on that the quality of an education is important, but it is not the cure-all for post graduate employment. Students should get as much work and real world experience as possible during their time in school. Thanks for the post.
very interesting…
have a nice posting ahead!!!
its a wonderful post for all management students….thanks a lot
Thanks to share this nice post….nd by your post my doubt has cleared about MBA and PGDM.
Very nice post. I’ve always thought further/higher education was becoming less and less relevant to prospective employers- this post perfectly illustrates why. How long before the benefits of university are outweighed by the fee’s (if we aren’t already there)?
Getting degree is not the real answer to getting employed, the assurance often lies on who you know and not on what you know. Same is true with getting a post-graduate degree.
nice post nice article
Admittedly we need higher education, however if the quality has deteriorated to the level that makes it unwanted then whats the use. its time that such institutions be put under heave governance.
It is so obvious that most of the company hire MBA graduate. If I were on the managerial position I would also prefer to hire the one with qualifying data.
nice article, thanks for sharing
hi I who are you I hope are you alright with your family ,any way I like your post and website design
,and your good working tell me see my blog and choice you mobile codes .thank you for the good sharing all the world peoples.
You have clearly differentiated between MBA and PGDMBA. So as per you, who do you thing is better to go with? MBA OR PGDMBA.
Amazing how simple it can be to communicate with people and have them understand a certain topic, you made my day.
Thanks for the insight into the higher education scene in India. Here in the US, with the tough economy, we have new batches of MBA students coming out of school into the ranks of the unemployed. It’s been tough as many are facing huge student loans and having it hard making ends meet.
Anyway, I digress. Thanks for the info about PGDM. Never heard of it till now.
awesome…
more beneficial post for those, who are preparing for MBA or thinking to do MBA
Excellent article…!!!
nice-ever and the reality is the same … Ramesh Sharma
wow this is so true. thanks for posting it please post more
come-on and teach us more about these topics.
thanks for the information regarding mba institutes.
It’s difficult to not have some of the educational institutes become privatized. We’re seeing that here in Canada as well as places struggle for public funding. It may improve education in the long run.
Another thing very common nowadays in the prevalence of “Executive MBA” programs where individuals can still work their full time corporate job while receiving their MBAs. This can allow the student to still receive income and maintain work experience while getting their educational degree. This would be something I am interested in.
I make sure that before I do anything online I research the heck out of it and get a bunch of referneces. I appreciate the article.
thanx a lot. like your article.I think private school is a good choice.
I think an MBA is probably useful to step up the career ladder for a few niche careers, for most companies a degree and some relevant experience would be more important. There comes a point when education for the sake of it has to be balanced with a realistic chance of getting a job.
If you can afford to do the MBA then that is great but for most students at least in the UK this is now very difficult and means more debts. You would have to feel that you really are going to rise up the pay ladder much faster than those without an MBA for you to proceed.
As a country you need to start looking at getting the lower classes educate as well as the middle class, because any advances the middle class has will be watered down if they don’t pull the lower class up with it (i.e. the middle class will be taxed to assist the lower class unless the lower class is also benefiting).
I’ve seen some of the lectures given by these institutes online. Sadly, the calibre of lecturers is poor and some of the information given in lecture slides is blatantly wrong. Before departing with your hard-earned money, I really do advise that you gain references from 3 sources as to the standing of the institution in the US, Europe and the rest of Asia. These should be from established authorities outside of the country. Otherwise, employers outside of the country will not recognise the “qualification” and the “MBA graduate’s” wage will be limited to $500.00 per month.
Very interesting. Thanks for posting.
good writing and explaining skills but in my point of view privatization is better because in private sector you will have choices but in govt. you don’t.
Privatisation of education in India is growing in a rapid speed. Its just because The government is not helping students in a way it should.
its really nice article. thank you.