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!
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.
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.
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.
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.
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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Group discussions are a crucial part of the management college admission process. To excel in group discussions and secure admission to a top management college in Mumbai, you need to showcase your communication skills, leadership abilities, and teamwork. Here are ten tips to help you excel in group discussions.
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The Young MBA Aspirant wants to know about the career and future after joining the Business School. The Professors at Business School are waiting anxiously with a tool kit to develop Young Graduates into successful Business Managers, peeping into the tool box which has Tools / Techniques like SWOT Analysis, Psychometric Testing, Johari Window, Aptitude Test, ‘Oh’ what are these?
Communication, be it written or oral, has seen a colossal change especially in the past 10 years. The advent of technology is the reason for this paradigm shift in the way we communicate. Letters are definitely passé. E-communication is prevailing. WhatsApp has now become a formal channel of communication today.
The global luxury market is expected to be less affected by the recession in 2023, with top-end consumers driving growth. The market is set to increase from 40 crore in 2022 to 50 crore by 2030, with China and India emerging as key players. Future trends include the rise of female buyers, a focus on brick-and-mortar stores, affordable luxury, and cultural sensitivity.
Mentoring, while having a long history, has attained greater importance in today's globalised and connected world. The meaning has also been expanded to include group mentoring and reverse mentoring. An attempt to demystify the same and its application at IESMCRC appears below.
Aspiring MBA candidates can learn a lot from Lord Rama's life and teachings. It's crucial to keep these lessons in mind if you intend to enrol in an MBA program. You can develop the abilities and traits required to succeed as a leader in business by incorporating these lessons into your life. Here are 7 life lessons from Lord Rama that all MBA aspirants can learn from.
Cross-cultural management is a critical aspect of modern business in Mumbai, a city renowned for its diversity and multiculturalism. The city's global reputation as a centre of commerce and industry attracts professionals from various countries, backgrounds, and cultures. As such, businesses in Mumbai need to understand and adapt to cultural differences to succeed. In this blog, we will discuss the effectiveness of cross-cultural management in Mumbai and the benefits it brings to businesses.
As an MBA aspirant, you might be focused on getting into the best business school and securing a lucrative job after graduation. However, it's essential to remember that learning and development do not end with a degree. Continuous learning and development are crucial for MBA aspirants to succeed in their careers, and in this blog post, we'll explore why.
India is a country where women have long been fighting against social and economic barriers. Despite these challenges, many women have risen to become successful entrepreneurs and executives in India's business world. On International Women's Day, let's take a look at some of these inspiring women who have broken through the glass ceiling and made a mark in their respective industries.