PGDBM (Post Graduate Diploma in Business Management Course, Syllabus, Top Institutes, Fees 2023

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Ahana Bhaduri

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Post Graduate Diploma in Business Management or PGDBM is a 2- year professional postgraduate level diploma course in Business Management. The program successfully prepares candidates with advanced knowledge, skills, and competencies in the key functional areas of management and also opens career scope for them in many areas.

The basic eligibility for PGDBM is a Bachelor's degree of minimum 3 years duration in any discipline from a recognized college/university. The candidates should have at least 50% aggregate marks at the graduation level to be eligible for the course. Check MBA Full Form 

Admissions to PGDBM colleges are done through popular entrance exams such as CAT, XAT, GMAT, CMAT, MAT etc. The average annual fees to study a full-time PGDBM program ranges between INR 50,000 - 20,00,000.

A PGDBM graduate is generally offered positions like Business Development Manager, Financial Analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, etc. The average salary offered to the candidate pursuing the PGDBM program ranges from INR 3 LPA to 15 LPA.

PGDBM Quick Facts

Course Level Post Graduate Diploma
Full-Form Post Graduate Diploma in Business Management
Duration 2 Years
Examination type Semester
Eligibility Bachelor's Degree
Admission Process Entrance Based & Merit Based
Course Fee INR 50,000 - 20,00,000
Average Salary INR 3 - 15 LPA
Top Recruiting Companies AB InBev, Accenture, Bain & Company, Boston Consulting Group, BYJUs, Capgemini, Cognizant, Coca-cola, CISCO, Deloitte, Dell, Edelweiss Tokio, EY, Google, Flipkart, Goldman Sachs, HCL, HDFC, IBM, Infosys, JP Morgan, L&T, McKinsey, PWC, Wipro, etc.
Job Positions Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Marketing Strategist, Business adviser, Data analyst, etc.

About PGDBM

PGDBM teaches graduates the business framework and the functionality of various business models. The program course equips you with strategic thinking tactics to improve organizational core competencies and manage any business at a fundamental level and optimize its value and functioning.

Why study PGDBM?

Many students choose to study PGDBM because of the following reasons-

  • Networking & Entrepreneurship : PGDBM graduates are trained with having a knack for the current market scenario, good business sense, excellent analytical skills, and most importantly, powerful networking aptitude. This program helps develop graduates with a solid business network to venture out a new business and become successful entrepreneurs.
  • Corporate Career : Graduates who have earned a PGDBM degree can take up any job profiles such as Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, etc.
  • Top Skill Acquired : This course will teach them about marketing, information technology, economic framework, business laws, organizational behavior, business strategies, Financial Derivatives. Along with these, this course will also impart important management skills like Risk Management, Trade & Marketing Management, Financial Management, Economic & Management Decisions, etc.
  • Lucrative Job Opportunities : PGDBM graduates are favored by multinational companies during recruitment. The course provides a vast career scope in Business Development, Accounting, Economics, Marketing, Sales, Finance, Human Resource, etc. Some of the top recruiters are Bain & Company, Boston Consulting Group, BYJUs, Capgemini, Cognizant, Deloitte, Edelweiss Tokio, EY, Google, Goldman Sachs, HCL, HDFC, IBM, Infosys, JP Morgan, L&T, McKinsey, PWC, Wipro, etc.
Why PGDBM

PGDBM Admission Process

  • The admission process for the PGDBM program depends on the national level entrance tests such as MAT, CAT, CMAT, GMAT, XAT, etc.
  • The qualified candidates will be further selected on the basis of group discussion and PI/WAT.
  • Some of the institutes also provide direct admission to the students either on merit basis or on management quota basis for PGDBM program.

Eligibility

Following are the eligibility criteria for the PGDBM program-

  • Candidates seeking admission in PGDBM must have Bachelor’s Degree in any discipline with minimum 50% (relaxable for reserved category candidates) from a recognized state/private/deemed or central University/Institute.
  • The minimum marks for admission in the program may vary from college to college.
  • There is no minimum age to apply for this program.

Entrance Exams

Entrance Exam Registration Date Exam Dates
ATMA 1st week of June 2023 July 23, 2023
CAT August 3, 2023 November 26, 2023
CMAT February 13, 2023 To be Announced
GMAT To be Announced To be Announced
NMAT September 2023 November 2023
SNAP 2nd week of August 2023 2nd week of December 2023
XAT To be Announced To be Announced

Preparations Tips

PG Diploma in Business Management entrance exams are one of the most comprehensive exams, therefore following tips should be considered to perform better:

  • To cover all the topics, the preparation should start well in advance. Questions included will test a candidate's analytical skills, data interpretation skills, verbal skills, general knowledge, etc.
  • Analytical & Mathematical concepts should be studied well. Questions will be asked about Verbal ability, Data interpretation and Quantitative ability, decision making, logical reasoning, and general knowledge. Candidates should prepare for the exam with accurate guidance, the right preparation sources, and dedication.
  • Candidates should conduct practice sessions with sample question papers, mocks & quizzes, and model tests to know the exam pattern well in advance. This way, candidates can analyze the errors and improve upon them by formulating the strategy to attempt the entrance exam more effectively.
  • Candidates should learn to effectively manage their time to answer about 180-200 questions in about two hours, which means about a minute should be given to answer each question. Candidates should know the tips and tricks and shortcuts for mathematical questions. This will save time for revision.
  • Make a habit of going through the latest news, read the newspaper daily to enhance your general knowledge skills. General knowledge and current affairs questions are often asked in entrance exams and sometimes in personal interviews and group discussion rounds too. Topics related to History, geography, basic science, and entertainment are also included in the paper. 

PGDBM Distance Education

A large number of students prefer to opt for distance education for the PGDBM program. NMIMS Global Access School for Continuing Education provides a distance PGDBM program. The average PGDBM distance education fees are INR 43,000.

  • The PGDBM course duration from distance is 2 years.
  • In order to pursue a PGDBM from a distance one needs to have a Bachelor’s degree from a recognized university/college.
  • Admission is offered to students on the basis of merit or entrance depending upon the college’s selection criteria.

Top Colleges

University Location Average Annual Fees (INR)
NMIMS Global Access School for Continuing Education Mumbai 43,000
MIT School of Distance Education Pune 63,000
Symbiosis Center for Distance Learning Pune 55,000

PGDBM Course Comparison

The comparison between PGDBM and other similar courses has been discussed below.

PGDBM vs MBA

Both courses have different subjects and study areas. We have discussed the in-depth comparison of PGDBM and MBA below.

Parameters Post Graduate Diploma in Business Management Masters of Business Administration
Overview PGDBM is a diploma degree that focuses on the understanding of marketing, information technology, economics, business laws, organizational behavior, business framework, business thinking models, etc. It is a full-time degree program that focuses on various business and management skills such as marketing, finance, human resource, international business, etc.
Course Content It comprises subjects like organizational behavior, marketing management, business economics, HRM, etc. It comprises subjects like accounting, business ethics, business law, entrepreneurship, marketing, supply-chain management, business strategy, etc
Domain Business Management Human Resource, Finance, Marketing, International Business, etc.
Degree Type Post-Graduate Diploma Post-Graduate
Average Annual Fees INR 50,000 - 5 LPA INR 2 - 30 LPA
Duration 2 Years 2 Years
Eligibility Bachelor’s Degree from a recognized university/board. Bachelor’s Degree from a recognized university/board.
Admission Process Admissions are both Entrance and Merit-Based. Admission to this course is both entrance and merit-based.
Top Colleges XLRI, NMIMS, Vinod Gupta School of Management, MSU Baroda, SIBM, etc IIMs, XLRI, NMIMS, SIBM, etc.
Job Opportunities Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Accounting Head, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Marketing Strategist, Business adviser, Data analyst, etc. Account Manager, Business Analyst, Business Development Manager, HR Manager, Brand Manager, Equity Research Analyst, Management Consultant, Marketing Manager, Project Manager, etc
Average Annual Salary INR 3 - 8 LPA INR 4 - 20 LPA
PGDBM vs MBA

PGDBM Top 20 Colleges in India

Some of the top colleges in India providing PG Diploma in Business Management according to the NIRF Ranking are-

College Comparison

The table drawn below shows the comparison made among the three top colleges that offer PG Diploma in Business Management.

Parameters XLRI Jamshedpur Vinod Gupta School of Management Kharagpur
Overview The institute has been accredited by AICTE, NBA and offers various management programs such as PGDM (BM), PGDM (HRM). It is a premier B-school accredited by AICTE and offers PG and doctoral level programs.
Location Jamshedpur Kharagpur
Eligibility Bachelor’s Degree in any discipline. Bachelor’s Degree in any discipline.
Admission Process Entrance-Based Entrance-Based
Average Annual Fees INR 11,50,000 4,00,000
Average Annual Salary INR 15.42 LPA INR 16.99 LPA
Top companies visited Boston Consulting Group, Accenture Strategy, Capgemini ELITE, Hindustan Unilever, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Standard Chartered. Bloomberg, Ford, IBM, JP Morgan Chase, Facebook, Amazon, Ernst & Young, PwC, McKinsey & Co, HSBC, Deloitte, etc.
XLRI Vs. IIT

How to get Admission in a good PGDBM college?

To get admission in top PGDBM colleges, keep in mind the following things-

  • Make sure your Bachelor’s Degree marks and your performance in required entrance exams are exceptional to secure a place in a top college. Better the performance, the higher are the chances of admission into a top PGDBM college.
  • Practical Experience in the related field would be a plus.
  • Candidates should prepare for the exam with accurate guidance, the right preparation sources, and dedication. Analytical & Mathematical concepts should be studied well.
  • Candidates should also be mentally prepared for the PI round and Written test because you can get rejected there as well.

PGDBM Top Colleges Abroad

The top colleges Abroad for PGDBM courses have been tabulated below.

College Name Average Annual Fees(INR)
University of West London 13,74,278
University of North Texas 11,62,133
University of South Florida 23,87,843
University of Leicester 20,49,515
University of South Australia 43,24,981
University of Bristol 27,68,405
University at Buffalo 18,19,984
Curtin University 16,68,206
Stanley College 5,51,782
Centennial College 9,96,000

PGDBM Syllabus

Some of the core and major PG Diploma in Business Management, which every aspirant needs to study throughout the course duration are tabulated below semester wise-

Semester I Semester II
Management Theory and Practice Business Communications
Organizational Behaviour Essentials of HRM
Marketing Management Business Law
Business Economics Strategic Management
Financial Accounting and Analysis Operational Management
Information System for Managers Decision Science
Semester III Semester IV
Organizational Theory Structure and Design Corporate Finance
Cost and Management Accounting Sales Management
Consumer Behaviour Entrepreneurship and Venture Capital Management
Digital MArketing Business: Ethics, Governance & Risk
International Business Research Methodology
- Project

PGDBM Jobs

After successful completion of the PGDBM program, graduates have vast career options. They can seek employment in Multinational organizations within the departments such as IT, Finance, Marketing, Education, Management Consulting, Travel & Tourism, Hospitality, FMCG, BFS, Business Development, Accounting, Economics, Marketing, Sales, Finance, Human Resource, etc.

Some of the major job profiles associated with the PGDBM, along with the average salary are as follows:

Job Role Job Description Average Annual Salary
Business Development Manager The business development manager is responsible for growing business by identifying new sales leads, pitching products or services to new clients, maintaining a good working relationship with the customer, communicating new product developments to prospective clients, and overseeing the development of marketing of the business. INR 6.2 LPA
Marketing Manager The marketing manager is responsible for managing the promotion and positioning of a brand or the products and services in an organization. Marketing managers focus on attracting more customers to buy from the company and to raise brand awareness through the creation of various marketing campaigns and strategies. INR 7.4 LPA
Finance Manager Financial managers are responsible for the financial health of an organization and focus on preparing financial reports, capital raising, direct investment activities, portfolio management, distribution of dividend, hedging and looking after fluctuations in foreign currency and product cycles, and developing strategies and plans for the long-term financial goals of their organization. INR 9.98 LPA
Business Analyst Business Analyst is responsible for defining business requirements by creating a detailed business analysis, outlining problems, opportunities and solutions for business, Budgeting, and forecasting, Planning, and monitoring, Variance analysis, Pricing, Reporting, etc. INR 6.5 LPA
Product Manager They are responsible for product planning and execution during the Product Life Cycle stage, defining the product vision, gathering and prioritizing product and requirements, engineering, sales, marketing, and customer satisfaction. INR 20.51 LA
Salary

Top Recruiters

Bain & Company Boston Consulting Group BYJUs
Capgemini Cognizant Deloitte
Edelweiss Tokio Google Goldman Sachs

PGDBM Scope

  • After graduating from PG Diploma in Business Management, there are vast opportunities for qualified candidates and they can start their own business, work in a multinational company, go abroad, and can join an international organization, etc.
  • Since it is a diploma course, a candidate can go for a masters course like MBA even after completing PGDM.
  • Candidates can also go for PhD in Management. It is a globally recognized doctorate degree that students can choose to opt for higher career prospects. PGDBM graduates can choose to specialize in a particular area for better career options.
  • The candidates can also start their own consulting firms, business firms, etc and turn into Entrepreneurs.

PGDBM FAQs

Ques. What can I do after a PG Diploma in Business Management?

Ans. You get vast career options and can choose from the following fields to work in business, consulting, management, banking, accounting, finance, recruitment, human resources, markets, business policy, information technology, etc.

Ques. Is a PGDBM degree worth it?

Ans. Graduates with PGDBM degree will be well-positioned to pursue high-paying executive or managerial level jobs like Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Data analyst, etc.

Ques. How is a PGDBM degree?

Ans. With a PGDBM degree, students are prepared for management, trade, or general business careers that equip students with skills, competencies, and advanced knowledge of the key functional areas of management.

Ques. Which top colleges in India provide a PGDBM program?

Ans. Xavier Labour Relations Institute, Narsee Monjee Institute of Management Studies, Vinod Gupta School of Management, Maharaja Sayajirao University of Baroda, Symbiosis International University, etc

Ques. What Scope does the PGDBM program have?

Ans. After graduating from PGDBM, there are vast opportunities for qualified candidates and they can start their own business, work in a multinational company, go abroad, and can join an international organization, etc.

Ques. Which is a better PGDBM or MBA?

Ans. PGDBM is a diploma degree that focuses on the understanding of marketing, information technology, economics, business laws, organizational behavior, business framework, business thinking models, etc. Whereas MBA is a full-time degree program that focuses on various business and management skills such as marketing, finance, human resource, international business, etc.

Ques. What roles can I apply for after completing my PGDBM?

Ans. Top job profiles, candidates can work in our Business Development Manager, Financial analyst, Business Administrator, Finance Manager, Product Manager, Marketing Manager, Management Consultant, Sales Manager, Data analyst, etc.

Ques. What is the admission process to apply for a PD Diploma in Business Management program?

Ans. The admission process for the PGDBM program depends on the national level entrance tests such as XAT, CMAT, CAT, GMAT, MAT, etc. The qualified candidates will be further selected on the basis of group discussion and PI/WAT. Some of the institutes also provide direct admission to the students either on a merit basis or on a management quota basis for PGDBM.

Ques. What will I get to study during the PGDBM program?

Ans. You will get to study organizational behavior, marketing management, business economics, financial accounting and analysis, HRM, Information systems, business communications, business laws, etc.

Post Graduate Diploma in Business Management [PGDBM] : 24 answered questions

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Ques. Is XIMB BM really worth 20 lakhs (including hostel etc)?

● Top Answer By Arka Sengupta on 28 Jun 22

Ans. It depends on your expectation. As per the XIMB placement highlights the median CTC offered for MBA BM is around 15 LPA . PWC, Deloitte, GAIL, HSBC, Royal Bank of Scotland, etc. are some of the major recruiters to take part in the campus drive. In terms of academic rigor, student crowd, faculties, and alumni base, XIMB is a great B-School. It ranks in the same cluster as new IIMs, NMIMS, SCMHRD, SIBM Pune, etc. Read more
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Ques. Which is better, IIT Roorkee MBA or XIMB BM?

● Top Answer By Admin on 24 Jun 24

Ans. I was in the same position as you last year. I too had the same options for my Master and I chose IIT Roorkee due to the following reasons:- The IIT brand that gets attached to you is an asset that shall forever remain worthy. IIT has fees of 8 Lakhs compared to fees of 21 Lakhs for XIMB. IIT Roorkee is ranked 18th in the NIRF ranking while XIMB is ranked 46th. IIT Roorkee has an Average Package of 18.34 LPA while XIMB is at 19.53 LPA . MBA started at IIT Roorkee in 1998 while XIMB was established in 1987. IIT Roorkee has better infrastructure and a bigger campus of 358.5 acres.Read more
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Ques. How good is the XIMB-BM for a fresher?

● Top Answer By Shweta Mishra on 04 Aug 22

Ans. XIMB BM is a good option for freshers. Almost half of the batch comprises freshers so, you won’t be at any disadvantage. XIMB offers good placement opportunities for both experienced professionals and freshers. During XIMB placements 2022 the average CTC offered was INR 17.54 LPA. As a fresher, you can expect to receive a CTC nearing the institute average.Read more
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Ques. What is it like to be a passout from XLRI, Jamshedpur with a degree in HR? Also, is HRM better than BM in XLRI?

● Top Answer By Indrani Chatterjee on 17 Apr 23

Ans. XLRI Jamshedpur is one of the top business schools in India, and its HR program is highly respected in the industry. Graduating from XLRI with an HR degree can open up many opportunities for you in the HR field, including roles in recruitment, training and development, employee relations, and more. The highest international package offered is Rs. 1.1 Crore for the HR domain, and an average package ranging from 19 to 30 LPA with a vast alumni base are the reasons which make the XLRI (HRM) the most sought-after management program in India. In terms of the difference between HRM and BM (Business Management) at XLRI, both programs have their unique advantages and career paths. HRM is focused on developing skills related to human resource management, while BM provides a broader business education covering different aspects of management. Ultimately, the choice between HRM and BM at XLRI depends on your personal interests and career goals. Both programs have excellent faculty and resources, and you can be confident in the education you receive at XLRI, no matter which program you choose.Read more
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Ques. How is the interview of XIMB BM?

● Top Answer By Abhinav Mahera on 11 Jul 22

Ans. The interview process for XIMB BM is pretty standard. The direction and the overall interview experience will depend a lot on how you are answering the questions. There are usually three panelists.  The interview starts with an introduction. There will be questions regarding your family background, past academics, etc. There will be questions about your undergraduate subjects. You can also expect general questions such as ‘Why MBA?’ ‘Why XLRI?’ etc.  Try to give short and straightforward answers. Try to stay patient and confident throughout the whole interview.Read more
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Ques. How tough is it to get a seat into PGDBA, the course offered in collaboration with IIT Kharagpur, ISI Kolkata and IIM Calcutta?

● Top Answer By Hemant Rao on 07 Oct 21

Ans. My brother prepared for the Written Examination only in a week and scored close to 110 out of 150.  Since my brother had a background in Semi-automated Trading, the interviewers were convinced about his love of Finance and Maths. He got waitlisted in 5 of the General Category lists and declined admission after the results. If you are good at JEE Maths and have contributed to the field, it is important to show your passion to the interviewers. Read more
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Ques. Which course is better HRM or BM from XIMB?

● Top Answer By Ansuman Panda on 13 Mar 23

Ans. To begin with, let me tell you that XIMB offers MBA-BM whereas XAHR offers MBA-HRM. XAHR or Xaviers School of Human Resource Management was started after the immense success of the HRM program of XIMB. Now coming to your question, the program you choose will be an important factor in shaping your career so it should be based on your inclinations. Get a clear idea of the various arenas and specializations of Management and the required skills. Both the courses deal with very important elements of Management but HRM specifically deals with the primary asset of any company, The employees. BM offers an MBA in various fields like Finance Sales and Marketing Operations Consulting  General Management Each of these specializations have its own pros and cons. For instance, if you are into number crunching, operation management, and market mapping, then BM is a good choice for you. You can get further details of the course on the official website. Analyze what course and why attracts you the most and make an informed decision. So only you can decide which course to take as this is a subjective question based solely on your personal preference.Read more
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Ques. How is XIMB BM in comparison with NMIMS HR?

● Top Answer By Akriti Gupta on 27 Sept 23

Ans. Pursuing a degree in HR from NMIMS would be a better option if it comes to educational excellence, ranking, infrastructure, campus life, hostels, or placement. If we draw a comparison between these two prestigious institutions then it would depend on various aspects. They are as follows: Ranking and reputation: NMIMS Mumbai, has ranked 21st among the best management institutes in India by NIRF 2023. This proves the academic excellence, infrastructural ability, placement success, and reputation all over India. Whereas according to the NIRF report 2023, XIMB ranked #46 among all the management schools in India. Accreditation: NMIMS Deemed-to university is accredited by NAAC with a 3.59 CGPA and Grade A+, whereas XIMB is accredited by NAAC with an "A" grade. Faculty & alumni: The professors are very good at teaching and most of them hold a PhD degree in their field of expertise. Nitin Rakesh (Chief Executive Officer and Managing Director, Mphasis), Gautam Shiknis (Founder and MD of Palador Pictures), and many more eminent professionals are notable alumni of this institution. Placement: Placement statistics for the year 2023 are mentioned in the tabulated form-  Particulars NMIMS Placement 2023 XIMB Placement 2023 Highest Package INR 67.80 LPA INR 71.51 LPA Average Salary INR 26.63 LPA INR 20.03 LPA Top Recruiters Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. ICICI Bank, Accenture, Cognizant After considering all of these factors, it is clear that NMIMS is the best fit for pursuing an MBA degree in HR. The campus, programs, and opportunities available align perfectly with the goals of an MBA aspirant.Read more
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Ques. Which is best option, the executive program in sales and marketing at IIM Calcutta or the postgraduate certification in business management at XLRI, Jamshedpur?

● Top Answer By Shubham Bhoyar on 29 Nov 22

Ans. Only the full-time PGP courses of IIM Calcutta or XLRI are valuable. All other degrees/certificates are the only means of earning money by the institutes.  They have no real value in real life or the corporate world.  They won’t be very useful if you want to learn. They add no value to your CV You will not be considered alumni of the institute So these certificate courses/ part-time programs/ Executive programs carry no real value at all. Most people are misled to believe that they might add value to their CV. Read more
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Ques. How good is PGPBM course (provided by IIM Trichy) at Chennai Center?

● Top Answer By Azhar Jafri on 12 Jan 23

Ans. The worth of a certain program depends on what you want to achieve after completing it. In case you want to just ameliorate your knowledge and skills, this course is indeed the finest option. But if you are pursuing it to receive a high-paying package, then your approach is wrong. Yes, it will open doors for better job prospects but you cannot directly grab a high-paying job right off the bat. Some major highlights of this course are as follows The faculty is highly knowledgeable and usually comprises doctorates from top B Schools within India and even globally. The course is rigorous as each subject is taught for 25 hours and requires preparation for 20-25 hours. The pedagogy is premium and involves a blend of case studies, theories encompassing fundamental frameworks, and the latest trends. A regular evaluation ensures complete involvement of the individual You will get the chance to study with a mixed crowd comprising marketing professionals, chartered accountants, plant heads, and entrepreneurs. The crowd diversity in turn enables top-notch peer learning and exposure through experience sharing. Once you complete this program, you will excel in your current job or the interview for your next job. Since the program is approved by banks, you can easily get 100% educational loans. In accordance with the latest IIM Law, you will be granted an MBA Degree and not just a PGDBM Certificate. Before I end my answer I will ask you to keep 2 points in mind. Firstly, this program is extremely demanding and you should not take it just as a side hustle. It needs complete involvement and determination on your part. Secondly, no placement opportunities are offered upon completion of this program so you shouldn’t rely on the placement committee.Read more
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Post Graduate Diploma in Business Management [PGDBM] Colleges IN INDIA

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XLRI
Jamshedpur, Jharkhand
14.3 L first year fees
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20 K Total fees
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University of Jammu
Jammu, Jammu and Kashmir
1.74 K first year fees
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St. Aloysius College
Mangalore, Karnataka
2.9 L first year fees
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50 K first year fees
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OPJS University
Churu, Rajasthan
40 K first year fees
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57.16 K first year fees
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95 K first year fees
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