Author Name – Dr.Sandeep Surange
MBA had always been the most sought after course in the dynamic world of business. It guarantees a plush job in the corporate and signifies the possession of skills and expertise in the field of specialization. This was true for traditional MBA till the advent of 20th century. However rapid changes in technology, new perspectives and growth of startups have changed this mindset completely. Awareness and adaptability has assumed prominence over the raw talent. There was a long time need for more adaptable industry ready curriculum which was innovative and emphasizes on cutting edge skills required in the industry. This gap was filled by the new qualification named as PGDM which is more relevant and dynamic and capable of adapting to the fast changing business needs. Today, there are several pgdm colleges in Mumbai providing the course.
Here are the five reasons why PGDM course is the best choice over traditional MBA:
1. Customized syllabus
PGDM course comes with a syllabus which is not only updated but also caters to the flexibility and uniqueness required of an Industry ready qualification.PGDM curriculum is based on the exact requirements of the industry and is updated on a regular basis unlike MBA which is mostly run by universities based on a curriculum not updated for years.
2. Practical and Industry Ready Curriculum
PGDM is known for its academic rigor consisting of field projects, case based teaching, workshops, guest lectures, Industry visits and hands on experience in the industry. This has been the core feature of the PGDM ever since its inception as the professional course of repute. Whereas MBA focuses more on theory.
3. Higher Starting Salary than MBA
Another major advantage of PGDM is the salary which the students get after completion. It is mostly higher when compared to a traditional MBA.So as far as ROI is concerned PGDM offers better ROI compared to MBA.
4. Trimester Pattern
Unlike traditional MBA which follows a semester pattern, the PGDM follows a trimester pattern which has a distinct advantage in the form of greater academic rigor, more academic credits and facilitates covering of more innovative courses to add new skills and values for the students.
5. Innovative teaching pedagogy
PGDM follows an innovative teaching pedagogy with focus on practical aspects. It facilitates in class simulation for students using AR and VR.Also AI is being used to create unique real life situations helping students to learn problem solving, application of concepts in real situations which deeply enhances the professional competence of the students and prepares them for the dynamic and challenging corporate world.