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With rising importance of education in India, more and more post graduate courses are being commenced in India. Also, since most students cannot get through to do their MBA or cannot afford the high fees that MBA demands. Hence the rise of other post graduate diploma courses.
One of the advantages of post graduate courses to MBA is that they can offer niche specializations and the student can save time as he does not study subjects that are not relevant to him. However, an MBA degree is much more relevant than any other post graduate course.
Most of the post graduate courses in India are of one to two years duration. There are many courses that run under the title PGDM (Post Graduate Diploma in Management) but however are nothing but MBA. Only the name of the course is different. But one year post graduate diploma courses are different from an MBA. Most of these courses offer diploma in advertising, journalism, retail management, insurance, travel and tourism, banking, shipping, aviation, hotel management, fashion industry, event management etc.
With MBA, you learn the nuances of business with different skill sets. You nourish your talents and excavate your hidden potentials to effectively and efficiently run and manage and become a leader and not just a manager. MBA equips you with such abilities that it develops your overall personality in such a way that you are able to cope with business pressure and work and perform under any condition.
In India, a usual MBA degree course on an average costs Rs. 3, 00,000 to 4, 00,000. Whereas a post graduate diploma course which cost anywhere from 10,000 to 2, 00,000. Both have their own merits and demerits and it is upon the need and the priority of the individual to make the right selection.
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