Graduation is done, and looking for further higher studies and, in the end, left only with confusion. Let me help you with the process of comprehending your Master’s degree and Diploma.
If you ended up coming here then for any reason, you are confused and looking for a solution. Reading this article will provide you with all the required information.
What is an Online MBA?
An Online MBA is a degree that is not comparable to any diploma in management. A degree follows a proper educational format which includes tests, assessments, exams and many more online extracurricular activities.
The degree is a traditional way that has been followed for generations. The belief says that if you have a degree, that’s a Master’s in Business Administration. You have a reputation in society. People will come and ask for further process, basically treating you as an expert in the field.
Which one to choose?
I believe now you are aware of what an online MBA degree or an online PGDM is going to teach you and how strong the students’ belief is in the chosen format of learning.
- If you run a business or are going to start any start-up and looking for higher studies similar to your traditional degrees, you must give a chance to an online MBA degree.
- And if you just want, a little practical knowledge concerning your field, you can pursue an online PGDM course, as it is a diploma. It will provide you with live classes and a few webinars, and interview preparation is there with the regular curriculum.
I hope you can bifurcate and find a perfect mode for learning your higher studies. Now you must have a clear mind regarding your higher studies. Choose wisely while understanding all the required things around you.
Opportunity/Job
There are several job opportunities after your online MBA and online PGDM. You can either join technical sectors or non-technical sectors that are open for you to work. An online MBA degree compared to an online PGDM comes with better job opportunities. PGDM as I said earlier is an entry-level job option. You can start your professional life with small steps.
- Human Resource
- Finance
- Sales and Brand Manager
- Project and Operation Management
- Entrepreneur
- Data Analysis
You can have many more options concerning your specialization. The specialization comes with more career opportunities.
Approvals & Universities
The universities that provide online MBA degrees are verified and recognised by UGC and have ranks and titles by NAAC and NIRF. The universities are globally recognised by the World Education Service(WES).
1. NMIMS : Narsee Monjee Institute of Management Studies
2. Online Uttaranchal University
3. Lovely Professional University(LPU)
5. Online Manipal Jaipur University
The online PGDM is provided by recognised institutions and the recognition bodies are:
- AICTE: All India Council for Technical Education
- NBA: National Board of Accreditation
- UGC: University Grants Commission
For global recognition, we have other important bodies:
- European Quality Improvement System(EQUIS)
- International Assembly for Collegiate Business Education(IACBE)
- Association of MBAs(AMBA)
Top 3 recognised B-Schools providing online PGDM:
- (IIM Indore, Lucknow, Kozhikode) Indian Institute of Management
- (NMIMS) Narsee Monjee Institute of Management Studies
- (SPJIMR) SP Jain Institute of Management & Research
Affordability/fee structure
The fee structure for online PGDM and online MBA varies from university to university. The universities provide you with an EMI option and semester-wise fee submissions.
The fee for an online MBA is 2 to 2:30 lakh.
On the other hand, online PGDM will surely cost you less than your degree as it is a diploma course. The online diploma fee totally depends on the diploma’s time period, it can be for 6 months, 1 year, one and half years, or 2 years. The fee process will also go like this: 50,000/-, 1,00,000/- and it will go like this only.
Conclusion
The article is here to help you with your concerns regarding your online MBA and online PGDM. We try to guide you and solve all your doubts from admission to job and salary expectations. Now you can easily decide where you should invest your time and money, plus you can see which suits you well.
FAQs
1. What makes online MBA and online PGDM different?
The difference is clear between an Online MBA and an Online PGDM, but People still get confused and leave the process in between. An online MBA degree is mainly focused towards proper education and will give the opportunity to work in India and Abroad. On the other hand, PGDM stands for Post Graduate Diploma in Management, and you can pursue this after your graduation. It will surely provide you with a route to enter the world for entry-level jobs. This is a diploma course, and you can not make it as worthy as a master’s degree.
2. What is more Budget-friendly, online MBA or online PGDM?
For an online MBA or online PGDM, if budget becomes a matter of worry, you must not be worried about this. The universities have EMI options to make your higher studies easier; you can go for the rest by semester-wise fee submission—your diploma in management costs for sure less than the proper degree. However, you will find a proper hierarchy where you can find universities in your budget.
3. How is the learning process different in PGDM and MBA?
The learning process is different, as we already know the difference between a diploma and a degree. The learning process is that an MBA will give you a proper 2-year degree course, and a PGDM is for a 1-to 2-year diploma course. You should think of the seriousness of your degree for higher studies. The PGDM and MBA both will help you grow and make you well-paid.
4. Which profiles are open after Online PGDM?
There are opportunities for working professionals after pursuing online PGDM, you can easily opt for technician-level and managerial-level posts. Job opportunities are available in all main fields, the sectors you learned about the same doors are opened for you. After Online PGDM, you can go for entry-level jobs. E-commerce, social media, digital marketing, data analysis and business analysis, these jobs are open for you after completing your course.
5. What will be the salary with online PGDM?
The answer that you are looking for depends on your specialization and the specific field you are about to work. The field and your company play a vital role in entry-level fees. Hence, you can expect 3-5 LPA in your starting level.
The salary after online PGDM is a handful to survive in the real world. The amount, you will invest in your diploma course will surely going to come back on you. The salary can satisfy you for your starting period, However, you must look forward to further career opportunities that will make you grow.
