Scope & Job Opportunities After PGDM

Post Graduate Diploma in Management is a professional course that is also preferred by recruiters of most companies. This postgraduate course will help you get a job on the management side of any business. Though one can argue it is similar to an MBA, industry experts rate this diploma course much higher than an MBA. Owing to this, students are also now opting for a PGDM over any other course. 

Most colleges offering a PGDM are autonomous bodies, governed by private management. But the PGDM course has to be approved by AICTE to have validation. This protects the interests of the students and also ensures the quality of the course is maintained. And these are some of the reasons why recruiters actively look for PGDM graduates. 

There are many careers you become eligible for with a PGDM. In the following blog, there’s complete information on a few careers you can pursue from various fields in management. All these careers come with a good salary and benefits package. There are also some good reasons to choose PGDM over other courses. 

Why Choose PGDM?

To choose a course after your graduation, you need to have the right reasons as the education you pursue will decide the career path you take. There are many reasons for choosing a PGDM. But there are a few that stand out. These reasons are: 

Practical Knowledge - The PGDM course focuses more on the practical application of the theory taught in the course. The curriculum focuses more on what is currently happening in the industry, and real-time problems of the industry. You also have industry experts coming in as guest lecturers to teach students about the prevalent scenarios in the industry. After your PGDM, you will be ready to join the industry. 

Personality Development - In the course, you will be taught how to be a strong and confident leader. You will be taught how to lead a team, get the best work out of them, and inspire them to do even better. Public speaking is also a part of the course where you will be making presentations in front of large groups. With a PGDM course, you will be a well-rounded person.  

Updated Course - This is such an important point. There are so many courses out there that promise the world, but end up teaching the students the same old stuff. Then the students struggle in the jobs they join and have to relearn a lot of the things. But this does not happen with a PGDM. This course is frequently updated according to the latest trend in the industry. The latest theory, technology, industry issues, and more, through the coursework, you will know exactly what’s going on. 

Worth More than the Value - Postgraduate courses are expensive, especially the management ones in private institutes. Therefore, they have to be worth the money you pay. The PGDM course is more valuable than the fees you will pay. Along with the excellent knowledge, you will also get a great job with an excellent start salary. The course will set you for a fulfilling career worth much more than the time and money you invest for the PGDM. 

International Opportunities - There are not many postgraduate courses that bring you opportunities for working abroad unless you pair the courses with additional expensive certifications. But with a PGDM, you can choose the right specialization and get the best opportunities to work overseas. You will also get opportunities to work in multinational corporations. So, if you have a desire to work overseas, think about the PGDM. 

Top 10 Jobs & Career Opportunities After PGDM

A career is what we all want from our education. And with a PGDM, you are destined to have a great career. There are many career choices in front of you, below are some of the best careers you can consider. They belong to various different fields as with a PGDM, you get the advantage of choice. Here are some careers to consider. 

Investment Banker 

The main job of an investment banker is to help companies raise money. Invest bankers are hired by other companies to be their financial advisors and help them grow their company from one level to another. Invest bankers may also provide advice to individuals, but their services are not cheap. But this is quite rare. Their services are mostly reserved for companies and even governments. 

Investment bankers need to know and understand all the financial markets in a country and should know how to raise capital without putting the company, the lender or the financial market at risk. This job is important and is directly related to the improvement in the economy.  

Brand Manager 

The brand is the identity of a company that people can recognise and relate to. And brand managers are the people behind brand creation and brand perception. Their main job is to create a brand identity for the company they are working for. From creating logos and designs to creating brand communication, they are responsible for how the brand is represented in the media. 

They work closely with the senior management and the marketing and sales departments regarding brand communication. They also have to develop future marketing strategies and create a positive online perception of the brand. This is quite a responsible position that plays an important role in the performance of a company. 

HR Generalist 

HR manages the human resources of the company i.e. the employees of the company. The HR generalist is the HR employee who is adept at performing all HR duties. In big companies, there are different HR personnel for performing different duties. One HR might be in charge of recruitment, while the other may be in charge of payroll, but an HR generalist is required to know and perform every HR duty. 

HR generalists have to help out recruitment. They also have to help with payroll duties. They are expected to keep the employees happy and make strategies to improve employee morale and performance. HR generalists also have to look into and resolve employee complaints. They have to make reports on all the HR work done. HR generalists are important to the smooth and efficient running of the company. 

IT Marketing Head 

The main job of the IT marketing head is to market the company’s IT products. Most IT companies develop IT related products and services, and the marketing head ensures that these products and services are known to other companies. However, to be able to know these products and services, they also have to be IT and technology experts. They also have to play a role in the development and packaging of these products and services. 

India being an IT hub to the world supplies its IT products and services to the world, so the IT marketing head has to ensure the products are marketed around the world. This may require them to travel overseas to different countries. An IT marketing head has to be an expert in international business laws. 

Hospitality & Tourism Manager 

One of the world’s most thriving industries is hospitality and tourism. Sometimes, hospitality management and tourism management can be two completely different things. Hospitality managers are usually part of hospitality-based businesses like hotels, restaurant chains, resort and amusement park franchises and more. Their main job is to ensure all guests are comfortable and well looked after. They also have to resolve customer complaints and take feedback on how to improve hospitality services. They are also in charge of quality checks and controls. 

Tourism managers are responsible for all things related to tourism. From creating tour packages and itineraries to ensuring the smooth execution of a trip, they are the ones responsible for people having enjoyable tours. They have to manage all the people involved in a tour and ensure there are no issues. They also have to ensure the safety of all the people, and even look into complaints. A hospitality & tourism manager has to do all the above-mentioned things, making it quite a challenging and responsible position.  

Sales Manager 

Sales are what drives business, and it is probably the most important department in the business. Sales managers are people in charge of the salespeople and department. They have to manage all the teams and ensure they are making all the sales targets. The managers set targets for the sales teams and have to help make sales strategies. 

Considering the importance of sales, sales managers have to directly report to senior management. Sales managers also have to work closely with the branding and advertising department to ensure the right communication is being presented to the public. They are also an important part of the product and service packaging. Sales managers are responsible for the success of a company, and hence, have to be excellent at their job. 

Business Development Manager

As the title suggests, business development managers are responsible for business development. Their position does require a bit of sale and marketing, but they have other responsibilities as well. Along with increasing sales, they also have to ensure the company and its operations are growing and improving. Business development managers have to look for potential customers and new markets they can expand into. 

One big part of their responsibility is to attend trade fairs, conferences, expos and more where they can further the business. Business managers may also be required to travel all over the country or even overseas for business. They work closely with marketing and sales to develop strategies and report to senior management. The business development manager is an important position for the growth of the company. 

Risk Analyst 

Mitigating risks is one of the most important jobs in any business, especially in times of market volatility. The risk analyst’s main job is to analyse risk in the market and prepare reports and strategies to circumvent the risks. Business decisions based on analysis have proven to be far more effective, making the job of a risk analyst that much more important. 

The risk analyst has to analyse markets and conduct deep studies. They have to prepare detailed reports on the markets, stating all the risks involved. They have to be adept at all forms of analysis like PEST analysis and SWOT analysis. They also have to be proficient in using the latest risk analytics software. Risk analysts are now becoming a part of most businesses as senior management are now basing all their decisions on reports by the risk analyst. 

Financial Analyst 

The financial analyst analyses the financial standing of a business. It’s their job to look after all the financial dealings of the company and make suggestions for improvement. They are also in charge of the accounting and finance of the company. They have to study the market and make detailed reports based on which the company management can make decisions. 

A financial analyst has to be updated on the latest changes in the market and analyse the impact on the overall business. They also recommend investments to their companies. Independent financial analysts can offer their services to anyone, and charge a fee for their services. 

Communication & PR Manager 

The communication & PR manager is responsible for all the communication put out in the media by the company. They are the ones who create this communication along in consultation with the senior management. They have to represent the company in media and even conduct press meets and press conferences. They have to ensure that the company always has a positive representation in the media. 

In case there is any negative publicity, the communication and PR manager has to ensure to counter the negativity and get all the correct facts out. They also manage the social media accounts of the company. Online reputation management has become an important aspect of any business, and the communication & PR managers have to be adept at handling this new phenomenon. Large companies hire communication & PR managers, but there are also professional firms that offer communication and PR services. 

PGDM is one of the best courses to do and one of the main advantages it gives is that you have so many careers to choose from. All these careers stated above will ensure that you can make a good living. There are also many opportunities to grow on to bigger careers. Therefore, seriously consider the PGDM if you are looking to study further after graduation. There are no restrictions on students from any stream from doing PGDM, so even if you have not done any course related to management and commerce, you can enroll in a PGDM. 

One of the best colleges you can do your PGDM from is Aditya Institute of Management Studies & Research, Mumbai. We have a highly developed course that is approved by AICTE. It is an industry-centric course that will make you a thorough and valuable professional. To know more, visit our page and fill out the form for more details on PGDM and other programs. Visit our page today!