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Top 5 Reasons to Pursue PGDM in 2023

Saurabh Paradkar
December 17, 2022

We are inching slowly towards the end of the year that merely just started—tempus fugit! Over the course of the past few years, we have seen a lot of changes in both lifestyle and career—new work options (from home!) and new career pathways opening up (the era of live streaming!). 

However, if you still have to pick a solid, safe, and secure pursuit, which is also lucrative, a PGDM degree is your way to go! It has stood the test of time, and here are 5 reasons why you can still pursue the PGDM program in 2023!

It is a Specialised Course with Varied Choices 

PGDM is not just about one course. It encompasses a wide range of courses and allows you to choose and specialise on the ones that you deem fit. For instance, there is PGDM in finance, PGDM in marketing, PGDM in corporate finance, and so on. The point is, PGDM is a specialised umbrella course with further choices in which you can specialise. This opens up a lot of career avenues, thereby making it a lucrative professional deal. 

It is a Lucrative Career Option 

There is no doubt about the fact that PGDM degree courses are the most lucrative ones you can find on a professional basis. Not only does PGDM make you more employable, but more so in the prime years of your life. 

The average salary isn’t too bad either. You can bag anything north of 6.5 LPA and, depending on your further skill sets, this can rise even further to two-digits or more! If you look into further details here, PGDM marketing tends to have a higher predisposition of greater salaries. Needless to say, it is a great and lucrative career option. 

It is Industry-Centric

PGDM is known to provide you with an industry-centric approach to its specialised spheres, arguably more so than what an MBA may offer. This is primarily because MBA courses tend to follow a set standard with regard to their curriculum. The case isn’t so with the PGDM course.  

PGDM courses revolve around the market trends and what various industries are looking for in those very moments. There is an arguably greater gathering of information and knowledge regarding the latest industry trends. Moreover, you will be visiting the said industries for a more hands-on approach to current problems, instead of learning about them theoretically, as is the case with MBAs.

Personality Development 

As you undergo ground-level training, you are bound to develop a greater personality. You will ideally tend to be swift with your thinking, quick in action, and firm in judgment. Your communication skills are bound to skyrocket, and your overall idea of malleability with plans should increase. PGDM is not just a professional growth spurt for you. It ideally will make you a more well-rounded individual in more fulfilling roles, such as the case is with entrepreneurship. 

PGDM Opens Entrepreneurial Avenues

As stated earlier, the personal and professional skills you gather while undergoing the PGDM courses make you eligible enough to tread on entrepreneurial avenues on your own. By the time you graduate, you will have had enough knowledge of the latest market trends and how things are run on a ground-level basis too. This makes you capable of managing ordeals on both ends of the industry—exactly what is required in an entrepreneur!

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