Post Graduate Diploma Program

Post Graduate Diploma Program | Image Resource : freepik.com

The students of today are looking for further studies after the completion of graduation. They are trying to investigate the potential route and searching for varied options to make a growth in their career. There are courses that will help to enhance your ability and increase your market value. Myriads of options are open today like professional courses, diploma courses and of course, the conventional MBA and engineering courses. Students are exploring all these options which can help them grow.

What is the PGDM mean?

When we talk about the MBA , then you would have often heard about two terms: PGDM and MBA. Often people tend to use these terms interchangeably. But, you must know that there is a difference between the two, many autonomous institutes which are not affiliated to the University offer PGDM or PGP courses, whereas institutes affiliated to university offer MBA degree. Here will be focusing on PGDM courses. The qualification for postgraduate is awarded to the students by all the renowned universities in India. It is no less than the graduate degree and is proved to be highly beneficial for the professionals who are in their working life. It is basically a two-year program that is very well divided into semesters, you must know here, that PGDM which is of 2 years is considered equivalent to MBA while 1 year PGDM is not considered equivalent to MBA. These are such programs that will cover almost all the essentials of a post-graduation course. This course is targeted for the professionals so that they can get better employment opportunities. The program is designed to provide an in-depth exposure to the important concepts of the market study. It basically deals with scientific principles as well as implementation methodology of all the new approaches.

There are many institutes that provide post graduate diploma program satisfying the credit requirements that are required for a master's program. These courses are basically meant for those who have a graduate degree so that they can gain an advanced technical grasp. It also is useful for those who have masters as they can enhance their own interdisciplinary as well as transitional grasp.

Different types of courses

The post-graduation diploma program benefits the students in terms of skills that are an essential part for the growth in their career. The different courses that the students or the working professional can pursue are:

• PGDM in marketing - The main objective of this course is how well you understand the markets, the competitors and also the portfolio of the product. It gives students the hands-on experience to the students about the market scenario. The students get a very clear picture as to how the product can be marketed. This concept is enhanced only if they undergo various methods of training programs. The students also have to understand the different case studies and can learn from performing group activities. The organization of today successfully runs on the basis of finance which is considered as the backbone so that it can manage all the inflows and the outflows.

• PGDM in banking and Finance - This is a course that is based on the understanding of the stock markets, the derivatives and the financial statements. Students who are interested in learning about the finance market and how to practically implement academic knowledge into the practical market scenario. The students will come across the different methodologies of finance when they go through the training programs. They are expected to learn with real-time examples so that the concept is well understood. This is one of the most important departments for any organization.

• PGDM in Human resource- The post graduate diploma program institutions recruit students only if they have an idea of the various aspects like the compensation, the employee relations and the staffing levels. The HR department of any organization plays a very prominent role in the recruiting process of the candidates.

• PGDM in operational and also Supply chain management - Operation management involves learning about different aspects of product development and supply like production, supply chain and quality management are some of the key aspects that one learning during the duration of this course. This is a department that deals with monitoring coordinating and controlling the different departments. So if the student enrolls in this course, then they are well trained through various methodologies and latest discussions. The studies on supply chain include information about the flow of materials. It also will train the student to handle the finances both internal as well as external of the company. Since this flow is a chain between the manufacturer, distributor, retailer and the consumer, it requires very efficient management skills.

What are the exclusive benefits?
• Employability - One of the primary reasons students are picking up these courses is because it enhances their employability in the near future. It is a step towards future development. The diploma course is one such course that will teach you to acquire new skills and also that will assist you in your working life. It will also help and guide you to have a competitive edge over other competitors.

• Time constraints - The postgraduate diploma course expects the students to complete at least 120 credits that will be worth learning of the subjects' related to professional life. The diploma course actually is advisable for those who have constraints on time. There are many professionals who have the urge to grow and so can convert their qualification with an MA degree.

• Change in career - If you are willing to switch career and make a mark for oneself, then opting for this course can be a positive move. Many students prefer to join diploma courses as postgraduate students so that they can learn more and new. But they do not want to get engaged in heavy studies that will take a maximum of their time. So in this case, diploma courses are the best as they can even think of a change in a career based on this additional qualification.

• Finance - The students find it affordable to do the diploma course instead of a full-time MBA course as it will become quite expensive. Hence these courses are becoming very popular among students and so they can save the money to pursue further course of studies.

• Networking opportunities - There is a possibility to develop a good and strong network through postgraduate studies from a reputable institute. This is more evident if you are working within a specific industry like for example law or journalism. These courses encourage industry experts to give talks and there are seminars about working life. You will also get a chance for placement within the campus.

The Bottom Line- The requirement of diploma graduation has become a necessity to day for business professionals to assimilate torrents of both knowledge and data. The rise of such courses is an indication that the industry has become more specific about the skill sets and learning of the candidates. And hence, it has become necessary for freshers' as well as the working professionals to upgrade their knowledge and make it as per the requirement of the industry. These diploma courses are specially designed to meet many such challenges. They do not concentrate only on classroom methods but also connect the students with the outside world. They try and combine academics with self- development as well as professional development. They empower the students to gather real work experiences into a cohesive and mentored learning experience.