PGDM jobs are the primary reason for students to pursue and invest in a Postgraduate Diploma in Management course. Since PGDM jobs are some of the most lucrative positions in the corporate world, the PGDM course has gained significant popularity over the years. The average PGDM salary in India is between INR 5 LPA - INR 20 LPA. The leading areas in which PGDM graduates can seek employment are Finance, Sales, Marketing, HR, and other core aspects of business administration.
There are numerous job roles for which a PGDM graduate will be considered once they have completed their degree course. However, there are certain job profiles for which recruiters will prefer an individual with a PGDM course. Depending on the specialization that an aspirant has pursued during their PGDM course they can be ideal candidates for roles like operations manager, project manager, human resources manager, and operational consultant in large organizations and multinational corporations. Some of the most popular industries in which PGDM graduates are recruited are banking, marketing & advertisement, market research, education, consulting, corporate law, entertainment, and hospitality.
When considering PGDM admission, candidates should be aware of the significant investment of time, effort, and finances required. It is crucial to ensure that the returns of the program are received in a timely manner and are worth the investment. Some of the top companies that are known to hire PGDM graduates include McKinsey & Company, The Boston Consulting Group, Bain & Company, Deloitte Consulting, Booz Allen Hamilton, PricewaterhouseCoopers Advisory Services LLC, EY LLP Consulting Practice, Accenture, etc. Learn more about jobs after PGDM below.
Before we move ahead on the various details related to PGDM Jobs, let us first look at the significant highlights mentioned in the table. The table given below is highlighting in brief:
Particulars | Details |
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Course Name | Postgraduate Diploma in Management |
Starting Annual Salary | INR 2 Lakhs - INR 5 Lakhs |
Highest Annual Salary | INR 8 Lakhs - INR 12 Lakhs |
Top Sectors For PGDM |
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Top PGDM Recruiters In India |
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A PGDM student would have a range of job opportunities in the public and private sectors, earning as high as INR 5 LPA to 10 LPA once they have completed their PGDM course since the demand for PGDM jobs is rising day by day. Banks, educational institutions, non-profit organizations, and export companies are some of the areas of PGDM jobs. The table below describes PGDM jobs with their salary range:
Name | Description | Average Salary |
---|---|---|
Senior Finance Analyst | Senior finance analysts forecast the financial report by analyzing the data and they also maintain a strong financial analysis foundation. | INR 7 LPA |
Investment Banker | Investment bankers assist clients in raising funds, providing financial guidance, and managing IPOs and private equity placements. | INR 10 LPA |
Procurement Manager | Procurement Managers provide services that are required by the company's procurement plan. They also ensure the cost-effective purchase and control the quality of the material. | INR 12.7 LPA |
Operation Manager | The operation manager is responsible for overseeing high-accuracy tasks, as well as procedures related to cash on hand and bank maintenance. | INR 8 LPA |
Bank Sales Officer | Bank sales officers aim to achieve monthly sales targets by following the bank's guidelines and procedures, while also addressing customer inquiries. | INR 6 LPA |
Executive Manager | The executive manager provides staff with constructive feedback and reports their work to the highest authority. To enable them to take action, they can be leaders and initiate change. | INR 5 LPA |
Business Transformation Consultant | A business transformation consultant helps clients streamline strategies, processes, and technology to boost efficiency, cut costs, and enhance profitability and shareholder value. | INR 15.12 LPA |
Commercial Manager | The commercial manager has to look after the expenses and create financial returns which help in business growth. | INR 15.5 LPA |
PGDM provides us with so many options for job profiles. The table below is the list of the top PGDM job profiles:
Financial Manager | General Operation Manager |
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Financial Advisor | Technical Assistant |
Territory Sales Manager | Senior Residents |
Operation Management Jobs | Consultant |
There are many options for people with a PGDM degree when it comes to corporate employment. There are several job opportunities for PGDM graduates and can be placed in a good company with a good salary package. They can operate in a variety of capacities. A list of leading companies hiring PGDM graduates is given below:
Jio | Wipro |
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Flipkart | Accenture |
Bajaj Auto | Asian Paints |
Adobe | Cipla |
PGDM graduates have a lot of options when it comes to courses to pursue after completing their PGDM course. Here is the list of the top academic courses to pursue after PGDM:
Course Name | Duration |
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Ph.D. in Business Administration | 3-5 years |
Ph.D. in Human Resource Management | 3-5 years |
Ph.D. in Finance | 3 years |
Ph.D. in Marketing | 3-5 years |
Chartered Accountant (CA) | 5 years |
Ph.D. in Commerce | 3-6 years |
Cost Management Accountancy | 3 years |
Ph.D. in Operation Management | 3-5 years |
As PGDM and MBA are equivalent, candidates are eligible for becoming a faculty in a degree college but for a real professorship, they need to get a Ph.D. degree with adequate research outputs.
PGDM course is offered by many colleges. There are so many top colleges that are offering PGDM courses. Some of the popular colleges offering PGDM courses are
In India, the average PGDM graduate gets paid around INR 7.73 lakh per year. PGDM graduates can apply for job positions in finance, information technology, human resources, business research, and business marketing, depending on their specialization.
All PGDM specializations have their importance. It depends on us what we want to choose for ourselves and in what field we are comfortable and we know about it. Some of the specializations in PGDM jobs are:
PGDM is an industry-related course that develops analytical thinking and decision-making skills in students. So it is a good career option and also enhances our analytical thinking and focuses on mentorship and industry exposure.
Some of the common skills required by students to become competent managers after pursuing a PGDM course are:
There are so many specializations offered by the PGDM. The popular specializations in PGDM are:
The graduates of PGDM programs can find ample job opportunities in both the public and private sectors. Freshers can earn between INR 5 LPA and 10 LPA at the start and increase their pay scale with experience.
PGDM jobs are one the highest paying jobs in India. Students can find employment at the following positions after completing PGDM:
PGDM graduates are often curious about the top recruiters and which companies will be recruiting them after the completion of their PGDM course. Some of the renowned companies that hire PGDM graduates are: