3 top skills you require to pursue Postgraduate Diploma in Management (PGDM)

An Introduction

PGDM is the new MBA. In order to use your MBA as a springboard for a career in business, you may wish to consider a  Post Graduate Diploma in Management (PGDM), or post-graduate diploma in management. What is the eligibility for PGDM? What skill sets are required for PGDM? Choosing a management programme can be difficult, so we've put up a handy guide to help you make an informed decision about a PGDM. To learn more, keep reading!

Understanding PGDM course

It is a two-year PG diploma programme in management called the Post Graduate Diploma in Management (PGDM). Almost all management institutes, no matter how high or low they are on the organisational ladder, provide this diploma. Students can take this management course full or part-time, depending on their availability. The PGDM program has a two-year time limit. Students must pass national or state-level entrance exams like the CAT, MAT, XAT, and others to be considered for admission. With PGDM program specialisations, students can tailor their education to fit their interests and abilities. Specialisations in the PGDM program include Financial Management, Marketing and Human Resource Management and so on

What is the eligibility criteria for PGDM?

• Each college has different entrance requirements for a Post Graduate Diploma in Management (PGDM).
• A Bachelor's degree in any discipline from an accredited university with a minimum grade point average of 45% is required for PGDM admission. 
• The advantage goes to those who have earned a Bachelor of Business Administration (BBA) degree. Although the percentage fluctuates from school to school.
• Candidates must pass an entrance exam and interview, as well as meet the institution's standards.

Profile of participants

There is no limit to the number of students who can enrol in the PGDM Program, which is open to students from any academic discipline. Candidates with appropriate professional experience as well as recent college grads are encouraged to apply.

International students 

The program teaches students how to manage a firm from a holistic perspective. As a result of this programme, you will learn how to become a well-rounded manager with a vision for the future that is socially responsible.

An independent statutory organisation within the Department of Higher Education, Ministry of Human Resource Development, the Indian Government, and the All India Council for Technical Education (AICTE), has given its seal of approval to the programme. National Board of Accreditation (NBA) and the Association of Indian Universities (AIU) have both accredited the programme (AIU).

Accepted scores

TOEFL/IELTS and the GMAT

Instructional methods

There are no language barriers in the programme.

Information on VISA

• To study in India, foreign students need a student visa. Academic enrollment without a tourist VISA is prohibited under Indian government regulations.

• IMI, Bhubaneswar will send a letter inviting the shortlisted individuals to study at the IMI-B campus to expedite the VISA application process.

What skills are required for PGDM?

Those who desire to pursue a Postgraduate Diploma in Management (PGDM) degree and succeed both academically and in their personal lives must develop a variety of skill sets required for PGDM.

Communication skills:

The ability to communicate effectively is a must for anyone aiming to be a manager. One-on-one, small and large groups, email and social networking are all forms of effective communication that should be mastered by management professionals. To be a good manager, you must be able to listen.

Strategic thinking:

One of the most important abilities required of future managers is the ability to think strategically. It's important to remember that strategic thinking is a methodical and logical approach to analysing the long-term success of a firm, team, or individual. Strategic thinking skills that are a must in PGDM

Leadership skills:

Being a successful leader has the potential to boost employee productivity while also fostering their own personal and professional growth. Managers must be able to set and achieve goals to keep their teams motivated. A leader must be able to exercise self-awareness, self-control, social awareness, and interpersonal control.

What are the career opportunities after a PGDM course?

Many job opportunities are open to graduates of the PGDM programme all across the world. There are a wide variety of career options in education, banking, finance, and insurance.

Marketing strategy:

It is the job of a marketing manager to oversee the company's or product's marketing strategy. In some cases, he or she may be in charge of a number of programmes or products. When it comes to budgeting, a good marketing manager is enthusiastic and well-organised. 

Advertising manager:

An advertising manager acts as a liaison between customers and the advertising or marketing company that creates and places the commercials. It is his/her job to plan, implement, and monitor marketing campaigns for a variety of firms. Promoting products and services is his/her primary objective.

Sales manager:

The sales manager is in charge of directing the company's sales force. In addition to allocating territories, setting quotas, and providing training, sales managers work together with their team members to develop a comprehensive sales strategy. As a sales manager, you must be able to multitask while also directing your sales team to help them achieve their goals.

Customer relationship manager:

Customer relationship managers serve as the link between a bank and its clients. They create a relationship between the financial institution and the client and ensure that the latter's needs are met. They are responsible for keeping tabs on budgets, investments, and investment returns. Clients are educated about the financial aspects of their accounts by customer relationship managers.

Conclusion

Young minds like yours can learn the nuances of managing an organisation while also improving their communication and interpersonal skills with a PGDM in General Management or Marketing Management. Students can improve their analytical thinking and decision-making abilities through a variety of methods, including classroom lectures, role plays, guest lectures, industry visits, summer internships, and other types of personal development programmes. Get the best PGDM courses with Sunstone!

FAQs

What do you learn in PGDM?

You learn career-building knowledge. Every PGDM programme covers human resource management, entrepreneurship, marketing, statistics, financial management, and economics.

Which is the best specialisation in PGDM?

PGDM in Marketing, PGDM in Human Resource Management, PGDM in Finance, PGDM in Digital Marketing, and PGDM in Business Analytics are the most sought-after PGDM specialisations.

What is the highest salary of PGDM?

The maximum annual salary for a PGDM Student is 7.5 Lakhs (62,500 per month).