With the advancements in technology and the business world, many courses that were once considered the most secure option, today are no longer valuable. So, the next time when you are deciding upon a course, make sure you think about its long-term relevance. Given the trends in today's job sector, business management courses seem to be a winner for the long run.
The global economic recession of 2008-09 significantly limited the number of job possibilities for recent management graduates. As an afterthought, substantial doubts about the viability and use of getting a management education in the country were raised. Despite the fact that the economic situation is changing and the employment market is slowly returning to normalcy, worries about the value of a management education remain. As a result, the question, "Why do a PGDM?" remains a pertinent and useful topic to consider.
PGDM Is Still The Most Sought After Qualification For A Corporate Job
There are certain exceptions, especially in core sector industries like steel, cement, and infrastructure, where PGDM is still by far the most common denominator for being competent for a job that needs interacting with a number of organizational tasks. Even in these businesses, however, candidates with a PGDM degree are given precedence for senior management roles in any function. A PGDM is still an excellent certification for filling leadership positions in quickly increasing service areas such as Banking and Financial Services, Retail, and Telecommunications.
CBS, which was founded by the Shikshayatan Foundation, is administered by a board of distinguished businesspeople and former IIM directors, with Mr.SK Birla serving as Chairman. It has an advisory board made up of well-known academics and business leaders who represent the country's most prestigious schools and well-known corporations from a variety of industries.
PGDM graduates are better equipped to understand business methods
In corporate jobs, the PGDM degree is given an advantage over all other qualifications because degree holders are known to fully comprehend business procedures like no other. The learned skill is regarded as a critical component of one's survival in virtually every business. Marketing, Human Resource Management, and Financial Management are all vital functions for any company's sustainability. However, this does not negate the importance of the Production and Operations functions.
The final decision of opting for the degree solely depends upon the prospective students’ interests, aptitude, and personality. So we would urge you to research the true value of a PGDM degree and make your educational decision wisely!
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