PGDM Course Details and Syllabus Covered
If you compare the syllabus of PGDM with MBA, you will find a difference in the curriculum. PGDM or the Post Graduate Diploma in Management is a full-time 2-year diploma course. The course aims at training the candidates to tackle the challenging responsibilities and business crisis with a deep-rooted value system. PGDM syllabus keeps changing according to the latest trends. This means the curriculum covered in the PGDM course will be updated every year. The student will have a clear cut knowledge about the ongoing market trends and business strategies. The PGDM syllabus is mainly an industry-oriented course that focuses more on the skillful approach and practical experience.
The 2-year PGDM course is divided into 4 or 6 semesters providing industry depth knowledge on the latest market trends. Some of the disciplines are taught in detail in different semesters. Let’s have a look at the PGDM course details.
- Semester 1 includes
- Organizational Behaviour – the study of human behavior in an organization. The candidate will get a better concept of corporate life. OB includes disciplines like sociology, psychology, economics, engineering, and communication.
- Managerial Economics – learning the economic theory with business practices to help in easy decision making,
- Marketing Management – the study of promoting the brand to the customer and making them demand for the product.
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- Business Communication – is the study of communication between people within and outside the company.
- Quantitative methods – the study of objective measurements and statistical analysis using mathematical techniques.
- Financial Accounting – is the study of creating and managing financial reports to know the expenses and income and balancing them both.
- HR Management – is the study of employee management to increase productivity and employee grievances.
- IT Management – the study of storing the company records in a database with software development, network planning, and tech support
- Semester 2 includes
- Organization effectiveness and change
- Economic environment of business
- Management accounting – also known as cost accounting is the study of analyzing business costs and operations to prepare the financial report
- Marketing research
- Management science
- Financial management
- Production and operations management – the process of transforming the resources or input of an organization to final goods.
- Management of information system
- Semester 3 includes
- Business ethics and corporate social responsibility – contributing to the society through charity, voluntarily support or through ethically oriented practices
- Legal environment of business – the study of corporate laws
- Strategic analysis
- Semester 4 includes
- International business environment – the study of international business management and global strategies
- Strategic management – the study of business strategies to meet the organizational goals and objectives
- Project study
In short, a candidate who pursues PGDM or masters in management will come out with a sharpened mind to face the management obstacles professionally and ethically. As the syllabus keeps changing, every batch of PGDM students will have different ideologies and knowledge about the corporate world.
Keywords used: PGDM, PGDM course, PGDM course details, Post Graduate Diploma in Management,