MBA or commonly known as the degree for Master of Business Administration was first launched in the USA during the 1900s. The MBA Admission course was introduced to the public especially when the country became more industry-oriented and thereby the companies started to look for management that is scientific in their approach and stance in the business world.
It should be known that with the help of these MBA Admission programs, companies can easily make sure that there is consistency in the field and quality education is imparted to the students. There are several business schools out there that provide programs that are simply tailored to executive, distance learning, part-time and full-time students. Executive studies, in this case, are meant by the coursework that takes place during the weekends or night-time, since the candidates have their jobs to tender to.
Some of the MBA Admission programs also include a curriculum of some of the popular core MBA subjects related to business management such as marketing, accounting, operations control, economics and so on. There are various types of elective courses as well that helps the candidates to generally follow their professional or personal interests. There will also be some specific business schools for MBA Admission out there that ensure that their students complete an internship at an organization or company before they pass their MBA course. This helps in improving the overall job opportunities for the students as well.
It should be remembered that quality or reputed business schools will always make sure that their students enjoy at least some years of experience when it comes to professional work before they can start studying for their MBA course.
It should be kept in mind that PGDM mainly stands for Post Graduate Diploma in Management. The course generally extends for two years and is currently offered by numerous business schools all over India. The course for these two years is segregated into four or six semesters – all depending on the overall curriculum and the specific business school in question.
As of the current structure, all the business schools in India that are responsible for offering the PGDM courses have all been officially approved and suggested by AICTE. It should be known that AICTE is an educational body that is under the Ministry of HRD, governed by the Indian Government.
What Are the Differences Between PGDM and MBA?
Master of Business Administration or MBA is a master’s degree, which means that only recognized colleges or business schools that are affiliated with the governing body of an MBA can provide such a degree in Business Administration. It should be known that such universities are only capable of providing or offering a single curriculum for such a course like MBA and thereby also tend to provide other related degrees like doctorate or bachelor.
On the other hand, PGDM is a course that is being offered by institutes or colleges that are generally not affiliated with any recognized universities. These colleges are also not at all authorized to offer such degrees as well. This is the reason why most of these colleges provide diploma courses – which are generally seen as on the same level as the MBA course.
Eligibility Criteria for MBA Admission
When it comes to the eligibility criteria for getting into the MBA Admission course, it should be remembered that the student requires at least a three-year graduation degree. Furthermore, the candidate will also require at least 50 percent aggregate marks in such a graduation course that he or she have passed. The aggregate marks percentage is 45 percent for students from the SC/ST community or are from the PWD (have a certain disability) category.
Students will also need to qualify for the MBA Admission entrance tests that are held, depending upon the university or the institute in question. It should be remembered that these eligibility criteria change over time, which is the reason why students must be updated with the recent changes and amendments before applying for a particular institute or business school.
The List of Entrance Exams for MBA Admission
The following are some of the lists of entrance examinations that are required to get into the MBA Admission course,
Specialization for MBA or PGDM Course
It should be kept in mind that there are currently more than 30 specialization courses for MBA Admission that is offered by management institutes all over India.
When it comes to traditional courses, marketing, finance, international management, IT systems, human resources, and entrepreneurship and operations management – these are some of the most sought after MBA specialization courses that students tend to prefer. The reason is that most students believe that these specialization courses are some of the safest career options out there.
On the other hand, due to the change in time and technology, the overall business needs are changing. It should be known that business schools nowadays are slowly moving towards various types of MBA specializations that are newer and more updated with the current work environment of companies around the world.
Some of these options include digital marketing, business analytics, global MBA programs and the like. With the help of these newer specialization options for MBA Admission, students can now move forward towards a better future, since in the upcoming days the demand for these specialization courses will go up significantly.
Moreover, MBA programs are slowly being introduced in Health Care Management as well. In addition to that, MAB is also being introduced for innovation, communications management, tourism, hospitality and so on. These are some of the recent emerging sectors where the MBA courses in India are proving more viable and over time the trust factor will only go up.
Therefore, if students need to make the most out of their careers, then they need to first understand the various MBA courses list for specialization which will help them make the overall right choice for their careers. Choosing the right MBA specialization course can either make or break the career for the candidate.