With the increasing demand for business management professionals, courses like PGDBM or Post Graduate Diploma in Business Management have been gaining prominence in India. Business management graduates including freshers are highly favored by MNCs during recruitment. A PG diploma course in business management is designed to deepen understanding of management principles and the fundamentals of business functions. The diploma program covers marketing, HR, finance, operations, and other aspects of business management. Moreover, pursuing an online PG Diploma offers added advantages. Being an online course, candidates can manage their higher studies while continuing their other roles and responsibilities. So, an online PG Diploma in Business Management offers flexibility to graduates to pursue the course while doing their current jobs and simultaneously gaining insights into important management skills like business strategy, leadership, and decision-making.
Let us discuss more about the Online PG Diploma in Business Management in this post.
Key Highlights of Online PG Diploma in Business Management
Here are some highlights of an online Business Management Program:
Why Study PG Diploma in Business Management Online?
1. Entrepreneurship: Online PG Diploma in Business Management augments the business sense among students while enhancing their analytical skills. It helps students to develop a strong understanding of current business and market sense.
2. Networking: Online PG Diploma in Business Management supports candidates in developing a solid network to help them venture into new businesses. This way, the program helps aspirants become successful entrepreneurs.
3. Job Opportunities: Candidates can enhance their job and career opportunities with a course in PG Diploma in Business Management. They get recruited by top recruiters and MNCs for important positions and job roles like Business Development, sales and Marketing, Finance, etc.
4. Skills Enhancement: PGDBM offers an excellent opportunity to acquire skills in marketing, organizational behavior, IT, finance, business laws, and more. Candidates also get to enhance their management skills such as managing risks, finances, decisions, and other significant aspects.
5. Corporate career: Graduates with a PG Diploma in Business Management degree in hand can take up jobs on the corporate ladder in high-ranking and senior positions as financial analysts, product managers, finance managers, business administrators, accounting heads, business development managers, etc.
Skills Required to Pursue Online PG Diploma in Business Management
Several essential skills serve the purpose of PGDBM candidates to make their work smooth during their long careers. Students might already have some of these skills, and others they can acquire while pursuing the online PGDBM course. Critical thinking and strong analytical skills are some essential skills required to make strategic decisions by evaluating business scenarios.
Another interesting skill is proficiency in communication as management professionals are required to lead subordinates and work with different stakeholders. Besides, these aspirants need to have organizational skills and time management skills, which help them maintain a good balance between studies and other commitments. Further, problem-solving, adaptability, understanding of data analytics, knowledge of online tools, etc. also enhance their job prospects.
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Top Institutions Offering Online PGD in Business Management
With the rising demand for online courses in India and worldwide, most reputed institutions offer online courses for management and other qualifications. Here is a list of some of the prominent institutions offering online PG Diploma in Business Management courses:
- Amity University Online
- Online Manipal
- IGNOU
- Symbiosis Centre for Distance Learning
- Indian Institute of Skill Development Training
- XLRI Online Learning
- DY Patil Online University
Top Recruiters for Candidates of Online PGDBM
With the growing economy worldwide and the increasing requirement for skilled professionals, there has been a rise in demand for skilled managers in India and worldwide to manage workplaces. Hence companies, whether small and marginal or huge MNCs, are all recruiting business management professionals. Here are the names of some prominent recruiters:
- Boston Consulting Group
- Capgemini
- Bain & Company
- Cognizant
- Edelweiss Tokio
- EY
- Goldman Sachs
- Deloitte
- HCL
- HDFC
- IBM
- Infosys
- JP Morgan
- L&T
- McKinsey
- PWC
- Wipro
Career Prospects in Business Management
The skills you gain with a business management degree prepare you for a range of careers and enable you to have a positive and effective impact on your organization. Below are some job roles and salaries that business management professionals can expect:
1. Business Development Manager
Salary: Ranges from Rs 2.6 Lakhs to Rs 16.9 Lakhs with an average annual salary of Rs 7.5 Lakhs per annum
2. Marketing Manager
Salary: Ranges from Rs 2.4 Lakhs to Rs 25 Lakhs with an average annual salary of Rs 12.7 Lakhs per annum
3. Finance Manager
Salary: Ranges from Rs 3.5 Lakhs to Rs 33 Lakhs with an average annual salary of Rs 17 Lakhs per annum
4. Business Analyst
Salary: Ranges from Rs 3 Lakhs to Rs 17 Lakhs with an average annual salary of Rs 9.8 Lakhs per annum
5. Product Manager
Salary: Ranges from Rs 5.6 Lakhs to Rs 38 Lakhs with an average annual salary of Rs 21.6 Lakhs per annum
Conclusion
A PG Diploma in Business Management is a sought-after program that presents a world of opportunities for candidates to take their careers in the right direction as per their goals and ambitions. The program equips graduates with business skills through case studies and real-world projects to prepare them for various management roles across industries as well as for entrepreneurship. If you are looking at online PG Diploma in Business Management courses after your bachelor’s or while pursuing your job, Amity University Online is one of the best options to enroll in. Amity Online is a UGC-recognized and accredited institute offering several online programs. Explore the vast range of Amity online programs by visiting the official portal.
