The Advantages of Pursuing a PGDM Program for Career Growth

The Advantages of Pursuing a PGDM Program for Career Growth

Do you aspire to develop a career in the corporate sector? Enrolling in a PGDM program is the next destination in your career. PGDM colleges in Maharashtra are inviting applications for graduates and experienced candidates who aspire to accelerate their careers.

Through this blog, you shall identify various advantages a PGDM program from business management colleges in Mumbai can offer you, no matter where you stand in your career.

About the PGDM program

Universal AI University offers PGDM with a duration of 2 years. It is a master’s level program offered in distinct specializations. Let’s look at the major highlights of the course from PGDM colleges in Maharashtra.

Course Highlights

Course type

Post-Graduation

Duration

2 years

Course fees

9 Lakh to 13 Lakh (Variable as per the stream)

Entrance test

CAT/GMAT/CMAT/CET

PGDM Admission process:

To enrol for the program in PGDM colleges in Maharashtra, follow the below steps-

  • Fill out the application form
  • Attach relevant documents like academic proof from class 10th to graduation and CAT/GMAT/CMAT/CET mark sheets.
  • You shall be called for the board room interview, followed by a personal interview, once you fulfil the requirements.
  • You shall be allotted a provisional admission letter. Confirm your seat to get admitted.

You can find the weightage of your achievements that is used to prepare the merit in the best PGDM institute in India

Criteria

Weightage

Academics (10th, 12th & Grad)

20%

Entrance Exam (CAT/GMAT/CMAT/CET)

20%

Extra Curricular Activities

20%

Communication Skills/Leadership

25%

Work experience

15%

Total

100%

Quick facts on specialization

Universal AI University, the first artificial intelligence university of India offers PGDM approved by AICTE in the following specializations.

1. Single Specialization (EU certification)

  • Students get to opt for 1 month in Europe and gain a certificate in International Entrepreneurship or Contemporary International Marketing Strategies.

2. Business Management

3. International Management

4. Business Design and Innovation

5. Foreign Collaboration

Major fields of PGDM

In your first year of PGDM colleges in Maharashtra, you shall encounter major subjects like-

Global Macroeconomics

Financial Accounting

Dynamics of Marketing

Organisational Behaviour

Operations Management

Business Statistics

Integrated Business Communication

Business Analytics

Strategic Management

In your 2nd year of PGDM colleges in Maharashtra, you get to opt from any two of the following disciplines. Relevant subjects to identify your interests are given below-

Major fields

Subjects

Marketing Management

Digital Marketing Strategy; Applied Marketing Research; Marketing Analytics; Luxury Marketing; Green Marketing; Rural Marketing; Retail Management; Visual Analytics (Tableau)

Operations Management

Logistics & Supply Chain Management; Service for Operational Excellence; Sales & Operations Planning; Operations & Supply Chain Analytics; Global Logistics; Procurement & Strategic Sourcing; Warehouse Management; Lean & Agile Manufacturing

Financial Management

Insurance; Valuation; Management of Finance Banking & Microfinance; International Finance & Financial Management; Capital Markets & Derivatives; Financial Analytics; Fintech; Financial Markets – Practical Approach; Project & Infrastructure Finance

Human Resource Management

Talent Acquisition & Management; Strategic HRM; Leadership 360 Degree; Compensation & Benefits; Employee Engagement & Counselling; Organizational Development; Business Processing & Data Analytics; Visual Analytics (Tableau); HR Analytics; Competency Mapping & Performance Management

Top 5 Benefits of PGDM

Following are the major benefits you can derive during your tenure at PGDM colleges in Maharashtra-

1. Dual degree program: The PGDM program at (Keyword) is a dual degree program allowing students to choose from a combination of Marketing, Operations, Finance or Human Resource Management. A dual degree program ensures that you can develop a career in two distinct fields. For instance, with a combination of HRM and Finance, you can opt to become an HR or Financial analyst.

2. International exposure: With the flexibility of a student exchange program, you can spend 1 month in Europe and develop an understanding of global business operations. This gives an opportunity to network with international faculties, students and even industry professionals.

3. Advanced courses: During your PGDM program, you can pursue a Business Analytics course powered by KPMG to develop technical skills. The course equips you to develop your career as a Business Analyst. You shall find unique approaches to pursue courses like intensive training with case studies, role plays, thesis presentations, guest lectures by industry experts, etc

4. Infrastructure: The best universities for artificial intelligence utilise cutting-edge technology to deliver course material. The laboratories are equipped with AR/VR/MR/IoT. Thomson Reuters Global Trading Room is present which allows you to understand the metrics involved in trading stocks.

5. Networking opportunity: A PGDM program gives you a platform to meet experienced faculties, industry professionals, alumni members, etc. You shall also attend conferences and seminars where you learn about various areas of work, new technologies, research areas, etc. You can develop professional relations for long-term success in the corporate sector.

Career opportunities

As the program from PGDM colleges in Maharashtra provides distinct specialisation, you can secure job opportunities in diverse industries-

1. Business Management Roles: You can secure opportunities in corporates with a wide range of companies from startups to MNCs. Major designations that are available include- Business Analyst; Management Consultant; Project Manager; Business Development Manager, etc.

2. Marketing and Sales: With a specialization in Marketing, you are eligible to secure job opportunities in almost all organizations. You are required to be innovative in approaching customers/consumers to drive a profitable business. Major job roles in the domain include- Brand Manager; Digital Marketing Specialist; Sales Associate; Market Research Analyst, etc.

3. Finance and Banking: If you want to develop your career in the field of finance, banking or accounting, you can secure job opportunities like- Financial Analyst, Investment Banking Associate, Credit Analyst, Financial Risk Manager, Corporate Finance Manager, Wealth Management Advisor, etc. Big 4 companies like KPMG, PWC, Deloitte and E&Y are on a constant lookout for finance graduates.

4. Human Resources: Did you know HR is one of the most versatile career options? All companies regardless of their industry, domain or size seek HR to acquire talent. If you are interested in payroll management, employee engagement, retention, etc. HR is the best career choice for you. Common job roles you can delve into are- HR Manager, Talent Acquisition Specialist, Training and Development Manager, Compensation and Benefits Manager, etc.

5. Supply Chain and Operations: You shall be engaged in eliminating bottlenecks across the supply chain of a production house. If you look forward to working in a warehouse, handling logistics, inventory, etc. an Operations Management specialisation shall be rewarding for you. Major job roles you can find are- Supply Chain Manager, Logistics Manager, Operations Analyst, Procurement Manager, Inventory Manager, etc.

Remember that these are just a few examples, and the possibilities are vast. Your career path will be influenced by your skills, interests, networking efforts, and the opportunities available in your chosen field.

Conclusion

The best colleges for artificial intelligence offer you the leverage of cutting-edge technology and a revised course curriculum as per industry standards. Beyond the course, you shall indulge in various cultural events and sports tournaments. Enroll on the AI-powered course, and be the next tycoon in the business world.

FAQs

1. What is a PGDM course?

PGDM is a master’s level program in business management, where you get to opt from multiple specializations like human resource management, finance management, operations management and marketing management.

2. Is a PGDM better than an MBA?

PGDM is equivalent to an MBA. However, PGDM is an industry-oriented course and thus, employers both in India and abroad prefer PGDM graduates.

3. Which is the best specialisation in PGDM?

PGDM is generally offered in 2 specializations major and minor. The best specialization in PGDM in terms of job prospects is Marketing, followed by Finance. Identify your interests as all specializations have the potential to develop into lucrative careers.

4. What is the highest salary after PGDM?

The highest salary after PGDM can be beyond 15LPA. However, the average salary is 5.5 LPA. With experience, job role and industry performance, you can secure a salary above 20LPA.

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