Foresight Institute of Management and Research Post Graduate Diploma in Management Admission 2024-25, Process, Result, Answer Key

Post Graduate Diploma in Management Overview

Duration: Typically a two-year full-time course, though some institutes offer an accelerated one-year program or part-time options.

Curriculum: The curriculum of Post Graduate Diploma in Management programs covers various aspects of management, including finance, marketing, human resources, operations, information technology, business analytics, and more. The focus is on providing students with both theoretical knowledge and practical skills required in the business world.

Specializations: Many Post Graduate Diploma in Management programs offer specializations or elective courses in specific fields like Marketing, Finance, Human Resources, Operations, International Business, etc. Students can choose their specialization based on their interests and career goals.

Admission Requirements: Admission to Post Graduate Diploma in Management programs is competitive and typically requires a bachelor's degree in any discipline from a recognized university. Additionally, candidates might need to take entrance exams like CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), or others, depending on the institute's requirements.

Teaching Methodology: Post Graduate Diploma in Management programs often employ various teaching methodologies, including lectures, case studies, seminars, workshops, industrial visits, internships, and projects to provide practical exposure and hands-on learning.

Industry Interface: Many institutes offering Post Graduate Diploma in Management courses maintain strong ties with industries, inviting guest lectures from industry experts, organizing internships, and facilitating placements to help students get practical exposure and job opportunities.

Flexibility and Innovation: Post Graduate Diploma in Management programs offered by autonomous institutes often have the flexibility to update their curriculum regularly, keeping it relevant to the changing industry trends. They can introduce innovative courses, teaching methods, and incorporate the latest business practices.

Recognition and Accreditation: Post Graduate Diploma in Management programs from reputable institutes are often recognized by bodies like the All India Council for Technical Education (AICTE) in India. Accreditation from bodies like AACSB (Association to Advance Collegiate Schools of Business) or AMBA (Association of MBAs) adds further credibility to the program.

Post Graduate Diploma in Management Eligibility Criteria

Educational Qualification: Candidates typically need a bachelor's degree in any discipline from a recognized university or institution. The degree should be equivalent to a 10+2+3 system of education.

Minimum Percentage: Some institutes might have a minimum percentage requirement in the bachelor's degree. It could range anywhere from 50% to 60% or even higher in some cases. However, this criterion can vary among institutions.

Entrance Exam Scores: Many institutes require candidates to have valid scores in national or state-level entrance exams like CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), GMAT (Graduate Management Admission Test), or the institute's specific entrance examination.

Work Experience (if required): Some executive Post Graduate Diploma in Management programs might require candidates to have a minimum number of years of work experience, typically ranging from 1 to 5 years, depending on the program's structure and focus.

Other Requirements: Certain institutes might conduct group discussions, personal interviews, or written tests as part of their selection process to assess candidates' communication skills, analytical abilities, and suitability for the program.

Post Graduate Diploma in Management Why to do?

Career Advancement: Post Graduate Diploma in Management programs often provide specialized knowledge and skills that can enhance career prospects. They equip individuals with managerial expertise, preparing them for leadership roles in various industries.

Skill Development: These programs offer a diverse curriculum that focuses on areas such as finance, marketing, human resources, operations, strategy, and more. This multidisciplinary approach helps develop a broad skill set necessary for navigating the complexities of the business world.

Networking Opportunities: Post Graduate Diploma in Management programs bring together students from diverse backgrounds and experiences. This environment fosters networking opportunities, allowing individuals to connect with peers, faculty, and industry professionals, which can be beneficial for future career growth.

Industry Relevance: The curriculum of Post Graduate Diploma in Management programs is often updated to stay relevant to current industry trends and practices. This ensures that graduates are equipped with the most up-to-date knowledge and skills required by employers.

Entrepreneurship: For aspiring entrepreneurs, a Post Graduate Diploma in Management program can provide valuable insights into business management, strategy, finance, and marketing, which are crucial for starting and running a successful venture.

Global Exposure: Many Post Graduate Diploma in Management programs offer international exposure through exchange programs, collaborations with foreign universities, or global perspectives in their coursework. This exposure can be invaluable in today's interconnected business landscape.

Personal Growth: Besides academic learning, Post Graduate Diploma in Management programs often focus on personality development, communication skills, leadership qualities, and problem-solving abilities, fostering overall personal growth.

Higher Earning Potential: Graduates with a Post Graduate Diploma in Management often command better salaries and have increased opportunities for career advancement compared to those with only a bachelor's degree.

Versatility: The skills acquired during a Post Graduate Diploma in Management program are transferable across various industries and sectors, offering flexibility in career choices and adaptability to changing career demands.

Post Graduate Diploma in Management Highlights:

Post Graduate Diploma in Management Admission Process

Eligibility Criteria Check: Candidates must meet the eligibility criteria set by the institute offering the Post Graduate Diploma in Management program. This often includes having a bachelor's degree from a recognized university or institution.

Entrance Exam: Many institutes require candidates to take a national or state-level entrance exam such as CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), GMAT (Graduate Management Admission Test), or the institute's specific entrance examination. Candidates need to score above the minimum cutoff specified by the institute.

Application Form: Candidates need to fill out and submit the application form for the Post Graduate Diploma in Management program through the institute's website or admission portal. This usually includes personal details, academic history, test scores, work experience (if applicable), and other relevant information.

Shortlisting: Institutes shortlist candidates based on their entrance exam scores, academic performance, work experience, and other criteria. Shortlisted candidates are typically invited for the next stages of the selection process.

Group Discussion (GD) or Written Ability Test (WAT): Shortlisted candidates might be required to participate in group discussions or written ability tests. These evaluate candidates' communication skills, analytical thinking, and their ability to express ideas coherently.

Personal Interview (PI): Candidates who clear the GD/WAT round are usually called for a personal interview. The PI assesses candidates' suitability for the program, their motivation, problem-solving skills, and their understanding of business and management concepts.

Final Selection: Institutes prepare a final merit list based on various factors such as entrance exam scores, academic background, performance in GD/WAT/PI, work experience (if applicable), diversity, etc. Offers of admission are then extended to the selected candidates.

Document Verification and Fee Payment: Once selected, candidates need to submit necessary documents (like academic transcripts, certificates, identity proof) for verification. Upon verification and acceptance of the admission offer, candidates are required to pay the requisite fees to confirm their seat in the program.

Post Graduate Diploma in Management Top Colleges

• Indian Institute of Management (IIMs) Various locations (e.g., Ahmedabad, Bangalore, Calcutta, Lucknow, etc.)
• Xavier Labour Relations Institute (XLRI), Jamshedpur
• Management Development Institute (MDI), Gurgaon
• SP Jain Institute of Management and Research (SPJIMR), Mumbai
• Institute of Management Technology (IMT), Ghaziabad
• International Management Institute (IMI), Delhi
• Symbiosis Institute of Business Management (SIBM), Pune
• National Institute of Industrial Engineering (NITIE), Mumbai
• Great Lakes Institute of Management, Chennai and Gurgaon
• Xavier Institute of Management (XIMB), Bhubaneswar

Post Graduate Diploma in Management Syllabus

First Year:

Term 1:

• Managerial Economics
• Financial Accounting
• Business Communication
• Organizational Behavior
• Quantitative Methods for Management
• Marketing Management

Term 2:

• Human Resource Management
• Financial Management
• Business Research Methods
• Operations Management
• Managerial Computing
• Managerial Accounting

Term 3:

• Strategic Management
• Business Ethics and Corporate Governance
• Legal Aspects of Business
• Information Systems for Managers
• Elective Courses (varies based on specialization or institute)

Second Year:

Term 4 and 5:

• Specialization Courses (Marketing, Finance, Human Resources, Operations, International Business, etc.)
• Elective Courses (Further specialization or broader electives)
• Summer Internship Program

Term 6:

• Project Work/Thesis
• Advanced Courses in Specialization
• Elective Courses

Post Graduate Diploma in Management FAQs

Q: What is PGDM?

A: PGDM for Post Graduate Diploma in Management. It is a postgraduate level program in management that focuses on providing students with essential knowledge and skills required for managerial roles in various industries.

Q: How is Post Graduate Diploma in Management different from MBA?

A: While both Post Graduate Diploma in Management and MBA are management programs, the primary difference lies in the institutions offering these courses. Post Graduate Diploma in Management is offered by autonomous institutes and business schools, whereas MBA is a degree program offered by universities. Post Graduate Diploma in Management programs often have more flexibility in curriculum design and are more industry-oriented.

Q: What is the duration of a Post Graduate Diploma in Management program?

A: Typically, a Post Graduate Diploma in Management program is of two years' duration. However, some institutes also offer accelerated one-year programs or part-time options to cater to different needs.

Q: What are the eligibility criteria for Post Graduate Diploma in Management?

A: The general eligibility criteria for Post Graduate Diploma in Management include having a bachelor's degree in any discipline from a recognized university or institution. Additionally, candidates might need to take entrance exams like CAT, MAT, XAT, or others, depending on the institute's requirements.

Q: What specializations are available in Post Graduate Diploma in Management?

A: Post Graduate Diploma in Management programs offer various specializations such as Marketing, Finance, Human Resources, Operations, International Business, Business Analytics, Entrepreneurship, and more. Students can choose their specialization based on their interests and career goals.

Q: What is the admission process for Post Graduate Diploma in Management?

A: The admission process for Post Graduate Diploma in Management typically involves entrance exams, application form submission, shortlisting based on criteria like entrance scores and academic performance, group discussions, personal interviews, and final selection based on merit.

Q: What career opportunities are available after completing a Post Graduate Diploma in Management program?

A: Post Graduate Diploma in Management graduates can pursue careers in diverse fields such as finance, marketing, consulting, operations, human resources, entrepreneurship, and more. They can work in various industries including IT, FMCG, banking, healthcare, retail, and consulting firms.

Q: Are Post Graduate Diploma in Management programs recognized by accrediting bodies?

A: Yes, many Post Graduate Diploma in Management programs offered by reputable institutes are recognized and accredited by bodies like the All India Council for Technical Education (AICTE) in India. Additionally, some programs might have international accreditation from bodies like AACSB or AMBA.

Q: What skills do Post Graduate Diploma in Management programs aim to develop in students?

A: Post Graduate Diploma in Management programs aim to develop a range of skills including leadership, critical thinking, problem-solving, decision-making, communication, teamwork, and strategic management abilities required in the corporate world.

Q: What are the advantages of pursuing a Post Graduate Diploma in Management program?

A: Pursuing a Post Graduate Diploma in Management program provides opportunities for career advancement, skill development, industry exposure, networking, specialized knowledge, global perspectives, and higher earning potential in various managerial roles.