PGDM Salary

  • SaveSave
  • Request a callbackRequest a callback
  • AskAsk us
author
Sep 24, 2024 21:03PM IST

In India, the salary for a PGDM graduate varies widely depending on factors such as the institute from which they graduated, their specialization, industry, and job role. On average, starting salaries for PGDM holders can range between INR 4 LPA to INR 10 LPA. Prestigious institutions like IIMs may offer even higher starting salaries, sometimes exceeding INR 20 lakhs annually. As PGDM graduates gain experience, they can expect significant growth in their compensation packages, reflecting their managerial or leadership roles.

PGDM Salary Overview

PGDM salary is an important factor that needs to be considered since remuneration is one of the key aspects that students consider when investing in higher education. Depending on the job profile and area of specialization, graduates can get an average PGDM salary between INR 4 LPA to INR 10 LPA. It is a well-known fact that the salary after completing a PGDM course depends on several parameters like the industry in which the aspirant chooses to work, the type of PGDM course pursued by the aspirant, the work and corporate experience the candidate possesses, etc. There are several areas where an individual can build a career after completing a PGDM course.

Areas like Finance, Marketing, Human Resources, and Supply Chain are some of the most popular areas of business management that aspirants tend to work in after a PGDM course. The PGDM salary for each job in each of these sectors will vary vastly from one organization to another depending on the type of work that candidates are responsible for and also the industry standards. That being said, it is of utmost importance that aspirants do their research regarding the PGDM salary they will be entitled to after completing a PGDM course.

Since PGDM admission is expensive and there is investment in terms of time and effort as well apart from finances, candidates must make sure they get the proper returns at the right time. Candidates should also make sure that they consider the salary offered by PGDM jobs that they will receive through placement drives before they apply for PGDM admission at a particular college. Get complete information about PGDM salary on this page.

Show Less

PGDM Salary: Major Highlights

Before we move ahead on the various details related to PGDM salary, let us first look at the major highlights related to PGDM salary mentioned in the table below: 

Particulars Details
Course NamePostgraduate Diploma In Management 
Duration 2 Years 
PGDM Eligibility Bachelors Degree 
Course StructureSemester Wise 
Starting Annual SalaryINR 2 LPA- INR 5 LPA
Admission Process Direct admission or merit-based using  entrance examination scores
Highest Annual SalaryINR 8 LPA - INR 12 LPA
Top Sectors For PGDM 
  • Business Administration 
  • Operation Management
  • Human Resources 
  • Brand Management
  • Financial Management Etc
Top PGDM Recruiters In IndiaPricewaterhouseCoopers Advisory Services LLC, Ey LLP Consulting Practice, Accenture, etc.
Show Less

What is the Average PGDM Salary?

Salaries are determined by the years of experience one has acquired after PGDM in India. In addition to other factors such as the type of job you are working in, it also plays a major part in determining what kind of salary package students can expect from employers. These placement packages will help students to choose an MBA marketing career path in the future. For PGDM, the average annual salary ranges from INR 8 LPA to  INR 12 LPA.

Job RoleAverage Salary
Business ConsultantINR 4.3 LPA
Marketing ManagerINR 4.2 LPA
HR ManagerINR 3.82 LPA
PR OfficerINR 3 LPA
Finance ManagerINR 5.5 LPA
Brand ManagerINR 10 LPA
International Sales ManagerINR 5 LPA
Show Less

Institute-Wise Salary Of PGDM Graduates in India

Given below are the top-ranked colleges in India that offer PGDM courses along with the average salary packages received by PGDM graduates.

Average salary: Top Ranked Institue 

Check out the salary offered by the top-ranked Institute in the table given below:

College Name Average Annual Salary
IIM LucknowINR 22 LPA
IIM KanpurINR 16.74 LPA
IIM KozhikodeINR 31.02 LPA
IIM RanchiINR 18 LPA
IIT BombayINR 23.2 LPA
IIT DelhiINR 21.9 LPA
IIT MadrasINR 15 LPA
IIT KharagpurINR 20 LPA
IIT KanpurINR 19.4 LPA
IIT RoorkeeINR 19 LPA

Average Salary: Top-Ranked Private Institutes

Check out the average salaries offered at some of the top-ranked private institutes in India mentioned in the table below:

Show Less

Salary of a PGDM graduate: Job-wise

There is a wide variety of jobs available in both public and private sectors once the PGDM program has been completed. In the beginning, freshers can make as much as INR 5 LPA to 10 LPA per annum and raise their level of pay with experience. Given below is the table that is describing the salary of PGDM graduates job-wise: 

Job Position Average Annual Salary ( in INR)
Study Counselor3 Lakh
Curriculum Developer6.1 Lakh
Senior Finance Analyst6.4 lakh
Bank Executive Manager5 Lakh
HR Manager7 lakh
Brand Manager10 Lakh 
Show Less

Top Companies Hiring PGDM Graduates

PGDM jobs are one of the best-paid jobs in India. There are many options for those who have graduated with a Postgraduate Diploma In Management. There are a lot of job opportunities as well as good salary packages for PGDM graduates. They're able to work in a variety of positions. Below you will find a list of the top recruiters of PGDM graduates.

Accenture Jio
Cipla Flipkart 
Asian paints Bajaj Auto
Ericsson Adobe 
DeloitteJ.P. Morgan Chase & Co.
Show Less

Job Opportunities After PGDM In India

PGDM graduates in India can earn high salaries in various sectors such as Finance, Sales, Marketing, HR, and more. Upon completion of the program, graduates have a range of job options available to them. The PGDM program focuses on developing leadership and management skills, and top recruiters include Banks, Marketing Agencies, Market Research Companies, Educational Institutions, Consultancies, Law Firms, Entertainment Portals, Hotels and Resorts, and more.

Jobs Profiles Average Annual Salary (in INR)
Sales Manager5 Lakh
HR manager 6 lakh
HR Recruiter3 lakh
Investment Banking9.6 lakh
Data Scientist9 lakh
Business Consultant10 lakh 
Show Less

FAQs about PGDM Salary

What are the top sectors for PGDM jobs?

The top sectors for PGDM jobs after graduation are: 

  • Business Administration 
  • Operation Management
  • Human Resources 
  • Brand Management
  • Financial Management

What is the highest salary offered to an Area Marketing Head?

The highest salary offered to the Area Marketing Head is INR 21 LPA. The regional marketing and communications strategies of the Company shall be under their responsibility. Based on that area, marketing plans have been drawn up.

What is the average salary of a curriculum developer?

Salaries are determined by the years of experience one has acquired after PGDM in India.  For PGDM, the average annual salary ranges from INR 8 LPA to INR 12 LPA. The average salary of a curriculum developer is around INR 6.1 LPA.

Which are the top government colleges for PGDM courses?

Government colleges are an ideal choice for PGDM courses. Some of the top government colleges that are offering PGDM courses along with the average placement salary package offered by them are mentioned below: 

  • IIT Lucknow (INR 22 LPA)
  • IIT Nagpur (INR16.74 LPA )
  • IIT Kozikhade (INR 31.02 LPA)
  • IIT Ranch(INR 18 LPA)
  • IIT Bombay(INR 23.2 LPA)
  • IIT Delhi(INR 21.9 LPA)
  • IIT Kanpur(INR 19.4 LPA)
  • IIT Roorkee(INR 19 LPA)

Are there any entrance tests to get admission to a PGDM course?

Yes, there are entrance tests to get admission to PGDM courses. Some of the top management entrance exams for postgraduation are:

  • CAT
  • CMAT
  • XAT
  • MAT
  • ATMA
  • AP ICET
  • NMAT
  • SNAP

What is the average Salary of a PGDM graduate: job-wise?

Salary for students who graduated with Post Graduate Diploma in Management students varies depending on their college, abilities, knowledge, work type, and organization. Many other things affect salary. Based on the following job profiles, salary information has been provided to PGDMs.

  • Sales manager (INR 5 LPA)
  • HR Manager ( INR 6 LPA)
  • HR recruiter (INR 3 LPA )
  • Investment banking ( INR 9.6 LPA )
  • Data scientist ( INR 9 LPA )
  • Business consultant ( INR 10 LPA )

What are the top recruiters for PGDM?

A list of top recruiters for PGDM graduates is provided below: 

  • McKinsey & Company
  • The Boston Consulting Group
  • Bain & Company
  • Deloitte Consulting
  • Booz Allen Hamilton
  • PricewaterhouseCoopers Advisory Services LLC
  • EY LLP Consulting Practice
  • Accenture, etc

Is PGDM a professional course?

Yes, a two-year PGDM is a professional course that trains students to be industry ready. It is an extremely challenging program for students who desire to pursue professions in management. Full-time PGDM is a two-year professional diploma program that gives students in-depth knowledge of industry standards and regulations. This is the most common type of PGDM course. Full-time PGDM fees range between INR 3 LPA and INR 20 LPA, according to the college.

What are the other colleges that offer PGDM courses other than IIMs?

Apart from the IIMs and Non-IIMs, PGDM courses are offered by several other top-ranked colleges. Some of the top B-schools other than IIMs which offer PGDM courses are:

  • XLRI Xavier School of Management
  • Management Development Institute
  • SPJIMR
  • Great Lakes Institute of Management, Chennai
  • IMT Ghaziabad
  • IMI Delhi

Which IIMs offer a PGDM course?

All the colleges in India offer PGDM courses but the top-ranked institutes that offer PGDM courses mainly include IIMs and Non-IIMs. Here are some of the top IIMs that offer PGDM courses:

  • IIM Calcutta 
  • IIM Indore 
  • IIM Kozhikode 
  • IIM Trichy
  • IIM Raipur
  • IIM Rohtak.
Show Less