As the job markets are evolving, professionals with niche skills are the need of the hour, and PGDM programs from the best PGDM colleges in Jaipur, the best PGDM colleges in Bangalore, like MIT School of Distance Education, have revolutionised Post Graduate Diploma programs for the betterment of students.
In this article, we discuss and understand the career opportunities after PGDM and why choosing the right PGDM program and the right specialisation is vital for a successful career in management. We also touch on why soft skills that are given importance in top PGDM programs are helpful when it comes to pursuing a management career.
Why Choose PGDM?
There are many reasons why PGDM programs are finding clout among students looking to enhance and add skills to their arsenal. A few reasons why Post Graduate Diploma Programs are viewed on par with MBA programs are –
Advantages of PGDM
PGDM programs is their industry-relevant curriculum. Core subjects like Business, Accounting, Operation Management, and Quantitative Analysis are designed to address real-world challenges. When combined with elective subjects, these programs provide a comprehensive understanding of the industry, making it easier to tackle its complexities.
Specialisation & Flexibility
As discussed earlier, elective subjects play a significant role in making graduates of the PGDM industry relevant. These specialisations help students expand their knowledge on various domains and equip them with the right tools to handle their specific industry’s challenges. Choosing more than one specialisation opens up a whole new level of opportunities for students who want to skill up.
Networking Opportunities
PGDM programs are a practical approach to management studies and its auxiliaries, which involves improving skills in networking. The many seminars and project collaborations that are part of the PGDM programs help students improve their networking in management, consulting, entrepreneurship and more!
Core Career Paths Post-PGDM
The main career opportunities after PGDM are in the fields of –
Management Roles
These roles demand technically sound leaders with leadership qualities. These roles have a steady career path and are lucrative in their own right. A fresher in this role can expect a salary of INR 4-6LPA with an upward trajectory with experience.
Consulting Roles
Graduates with specialisations who have crafted a niche for themselves are usually hired as consultants to gain more knowledge from them in certain aspects of the organisation. The average fresher salary for consultants is between INR 4-8LPA.
Entrepreneurship
These leaders are ready to use their skills by running their own businesses. The opportunities for anyone venturing into entrepreneurship are endless!
Emerging and Niche Roles:
A few up-and-coming roles that are exciting for every PGDM aspirant are –
Data Analytics
This is a perfect blend of management skills and analytics. Data Analysts are in high demand thanks to the many emerging businesses that require making sense of raw data.
Sustainability & CSR
As more and more businesses become socially responsible, experts in sustainability and CSR are sought after. Having a PGDM in Sustainability and CSR is a significant boost to anyone wanting to make a career in making a difference in society.
Healthcare & Management
This niche requires the perfect blend of managerial and people skills. A PGDM in Healthcare management is one way of making a difference in the medical field!
Soft Skills Development
PGDM programs not only help students develop technical knowledge and skills but also help them fine-tune their soft skills. A good set of soft skills can make a difference in the students’ becoming leaders in their respective industries. PGDM programs focus on a plethora of soft-skill building like –
- Leadership Skills
- Communication Skills
- Networking Skills & more
We hope this article has given you an idea of what PGDM offers regarding career opportunities and how the best PGDM programs, like the ones provided by MIT School of Distance Education, are making a difference in various industries!