The main difference between MBA and PGDM is that MBA is a degree and is offered by universities, whereas, PGDM is a post-graduate diploma offered by AICTE approved institutes. Indian universities come under the University Grants Commission (UGC) and can, therefore, award degrees like the MBA degree, also known as MMS in Mumbai. Universities follow the UGC format for course content. On the other hand, reputed management institutes design their courses based on industry feedback and business relevance. They are not covered under the UGC. Importantly, when it comes to job opportunities, institute reputation matters more than the name of the degree or diploma.
PGDBM – Post Graduate Diploma in Business Management
PGDBA – Post Graduate Diploma in Business Administration
PGDM – Post Graduate Diploma in Management
MBA – Masters in Business Administration
MMS – Masters in Management Studies.ok