Top 20 PGDM Colleges in India: Courses, Fees, Admissions, Placements
Post Graduate Diploma in Management is one of the most in-demand courses in India; it aims to supply the required skills and knowledge to the students so that they can perform their functions effectively in the dynamic area of business. As many as 765 colleges impart the postgraduate diploma in management courses across the country into private as well as government institutions, thus providing choices among young aspirants for a career in management. This ultimate guide covers the best PGDM colleges in India for 2024, including the admission process, fee structure, placement statistics, and much more.
Overview of PGDM Education in India
PGDM programs are known for having an industry-oriented curriculum and for internships and projects. The PGDM courses, unlike the traditional MBA courses offered by the university bodies, are usually offered by autonomous institutes and hence allow institutes more flexibility in designing the curriculum.
Top 20 PGDM Colleges in India in 2024
Here's the comprehensive, latest list of the best PGDM colleges in India for 2024.
1. Indian Institute of Management (IIM) Rohtak
- Average Fees: ?7.86 lakhs
- Average Package: ?15 lakhs
2. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
- Average Fees: ?18 lakhs
- Average Package: ?12 lakhs
3. Institute of Management Technology (IMT), Ghaziabad
- Average Fees: ?9.4 lakhs
- Average Package: ?10 lakhs
4. Management Development Institute (MDI), Gurgaon
- Average Fees: ?16.2 lakhs
- Average Package: ?25 lakhs
5. Xavier Labour Relations Institute (XLRI), Jamshedpur
- Average Fees: ?19 lakhs
- Average Package: ?20 lakhs
6. Great Lakes Institute of Management, Chennai
- Average Fees: ?14 lakhs
- Average Package: ?12 lakhs
7. SP Jain Institute of Management and Research, Mumbai
- Average Fees: ?24 lakhs
- Average Package: ?33 lakhs
8. International Management Institute (IMI), New Delhi
- Average Fees: ?17.6 lakhs
- Average Package: ?10 lakhs
9. Indian Institute of Management (IIM) Ranchi
- Average Fees: ?16 lakhs
- Average Package: ?14 lakhs
10. Indian Institute of Management (IIM) Bodh Gaya
- Average Fees: ?15 lakhs
- Average Package: ?12 lakhs
11. Indian School of Business (ISB), Hyderabad
- Avg Fee: ?37 lakhs
- Avg Package: ?28 lakhs
12. T.A. Pai Management Institute (TAPMI), Manipal
- Avg Fee: ?14 lakhs
- Avg Package: ?11lakhs
13. K.J. Somaiya Institute of Management Studies and Research, Mumbai
- Avg Fee: ?15 lakhs
- Avg Package: ?10 lakhs
14. Symbiosis Institute of Business Management (SIBM), Pune
- Avg Fee: ?22 lakhs
- Avg Package: ?20 lakhs
15. Goa Institute of Management (GIM), Goa
- Avg Fee: ?12 lakhs
- Avg Package: ?9lakhs
16. LIBA, Loyola Institute of Business Administration, Chennai
- Avg Fees: ?8.5 lakhs
- Avg Package: ?10 lakhs
17. IIFT, Indian Institute of Foreign Trade, Delhi/Kolkata
- Avg Fees: ?21 lakh
- Avg Package: ?19 lakh
18. Bharatiya Vidyapeeth Deemed University, Pune
- Avg Fees: ?8 lakh
- Avg Package: ?7 lakh
19. Shiv Nadar University, Greater Noida
- Avg Fees: ?12 lakh
- Avg Package: ?9 lakh
20. BIMTECH, Birla Institute of Management Technology, Greater Noida
- Avg Fees: ?14 lakh
- Avg Package: ?10 lakh
Admission Process
How to Apply for the PGDM program:
- Entrance Exam Registration:
- Apply for entrance exams like CAT, XAT, CMAT, or MAT.
- Application dates are usually in August and September each year.
- Undergraduate degree with a minimum of 50% marks from any recognized University.
- Final semester students are also eligible to apply but they need to produce graduation proof on or before the date mentioned in the application form.
- Submission of Applications:
- Application forms to the respective college need to be submitted by candidates following successful qualification of entrance exams.
- Application fees are also different for each institution and range between ?1,500 to ?3,500.
- Based on scores obtained in the entrance exam.
- Short-listed candidates are then called for Group Discussions and Personal Interviews respectively.
- Final Selection Criteria:
- The final selection is based on entrance exam scores along with the GD/PI performance, academic records, work experience, and diversity factors.
PGDM Fee Structure
The fee structure of the PGDM programs varies significantly across the institutions:
- The Government colleges levy fees within a range of ?1 lakh to ?5 lakhs for one year.
- Private institute levies more charges ranging between ?6 lakhs to above ?24 lakhs for one annum based on the reputation and facilities offered.
Specializations Provided
The PGDM programs are available with many specializations based on the profession, which are:
- Marketing Management
- Financial Management
- Human Resource Management
- Operations Management
- Business Analytics
- International Business
The specializations aid the learning process to be fine-tuned concerning career prospects and industry needs.
List of Colleges with Best ROI
Return on Investment (ROI) is one of the major factors that one needs to consider while making a selection for a PGDM college:
| College Name |
Average Fees |
Average CTC |
ROI |
| FMS Delhi |
2.5 Lakhs |
34 Lakhs |
High |
| IIM Lucknow |
20 Lakhs |
30 Lakhs |
Moderate |
| JBIMS Mumbai |
8 Lakhs |
20 Lakhs |
High |
Colleges like FMS Delhi get an edge because of affordable fees with high placement packages, so it becomes easy for those students who are seeking good value for the money spent on education to reach out to such colleges.
Choosing the right PGDM college is the next important decision for any aspiring management professional in India. As there are innumerable options across different fee ranges and specializations, careful analysis of choices based on placement records, faculty quality, infrastructure, and reputation would serve as an important factor for students. As time passes, the management education landscape in India keeps changing with shifting market demands and advances in technologies. Therefore, keeping abreast of these updates will keep the candidates more equipped to make informed decisions about their future careers in business management.
Faq’s
1. What is the time duration of a PGDM course?
It typically takes up to two years' time; however, executive one-year postgraduate and doctoral courses are designed for working professionals.
2. Which entrance tests should be taken before PGDM admissions?
CAT, XAT, CMAT, MAT, or GMAT are the traditional entrance tests, but the acceptance of which test varies with colleges.
3. Is experience necessary for admission to PGDM?
Most PGDM programs do not require experience. Fresh graduates from college can also apply, though experience in relevant areas enhances your application.
4. What is the approximate cost for a PGDM in India?
The cost for a PGDM in India ranges between ?6 lakhs and ?24 lakhs per annum in some of the most reputed institutions.
5. Are placements really important in deciding on a PGDM college?
Placements are crucial because they reflect the college's industry contacts and the success of the job placement service. Placement statistics should be considered while choosing a college.
6. Are scholarships available for PGDM students?
Yes, many colleges offer scholarships based on merit, financial need, or specific criteria such as community background or academic excellence.
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