Whats the difference between PGDBM, PGDBA, PGDM, MBA, MMS Degrees?
There's a lot of confusion these days and I myself was wondering a few days back what the difference was and I found out the answer so thought of sharing it with all of you.
PGDBM = Post graduation diploma in business management
PGDBA = Post graduation diploma in business administration
PGDM = Post graduation diploma in management
MBA = Masters in Business Administration
MMS = Masters in Management Studies
All of this is equivalent to an mba degree.
India has accepted the UGC format for course content and hence all UNIVERSITIES can give degrees, so they give a MBA degree, also known as MMS in mumbai.
All reputed institutes on the other hand, design their own courses according to industry feedback to gain reputation and hence they are not under the UGC, which means they cannot offer degrees and hence they offer diplomas.
The difference between all these degrees is only for name sake. At the end of the day, institute reputation matters more than the name of the degree and so you can call it whatever you want, at the end of the day.. its equivalent to good ol' MBA