Choosing the Right College to Pursue PGDM: A Roadmap to Your Management Journey

Sumridhi
Sumridhi Gulati
Assistant Manager
3 mins readUpdated on Jan 23, 2024 13:10 IST

Embarking on a journey towards higher education is a significant step that can shape your future career trajectory. Among the myriad options available, selecting the right college to pursue your Post Graduate Diploma in Management (PGDM) can be a daunting task. The decision encompasses various factors, including career aspirations, specialization options, placement records, faculty quality, infrastructure, and more. To help you navigate through this important decision, we've compiled a comprehensive guide on how to choose the perfect PGDM college that aligns with your ambitions and interests

Define Your Goals and Interests

Before diving into the sea of PGDM programs, take a moment to introspect. What are your career goals? What are your areas of interest within management? Understanding your aspirations will help you narrow down your options and focus on colleges that offer the relevant specializations. Whether it's Marketing, Finance, Human Resources, or Entrepreneurship, identifying your niche will guide your college selection process.

Research Top PGDM Colleges

Conduct thorough research on the top PGDM colleges that offer the specialization you're interested in. Utilize keywords like "best PGDM institutes in Pune" or "top management institutes in Pune" to find institutions that match your criteria. Look for colleges with strong faculty profiles, industry collaborations, and a history of producing successful graduates.

Q:   Is Lexicon MILE good for PGDM?

A:

Lexicon MILE offer Post Graduate Diploma in Management (PGDM) for the duration of two years. When it comes to the placements, Lexicon MILE offers good placements annually. The key highlights of Lexicon MILE placements for the overall Class of 2023 and 2024 are tabulated below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 19 LPA

INR 11 LPA

Average package

INR 8.70 LPA

INR 8.27 LPA

Placement rate

97.5%

NA

Note: The placements details for 2024 are updated till November 2024. These may vary once the final placement report is out.

Q:   Is Lexicon Management Institute of Leadership and Excellence good for MBA?

A:

 Lexicon Management Institute of Leadership and Excellence is indeed a good option for pursuing an MBA. The institute offers a comprehensive MBA programme that focuses on developing leadership skills and providing a strong foundation in business management.

Lexicon Management Institute of Leadership and Excellence has a dedicated faculty team with expertise in various areas of management. They strive to provide quality education and practical exposure to their students, preparing them for the challenges of the corporate world.

The institute also emphasizes experiential learning through industry visits, internships, and guest lectures by industry experts. This helps students gain real-world insights and practical knowledge that can be applied in their future careers.

Q:   What is Lexicon Management Institute of Leadership and Excellence famous for?

A:

Lexicon Management Institute of Leadership and Excellence is well-known for its commitment to providing quality education and fostering leadership skills among its students. The institute has gained recognition for its strong academic programs, experienced faculty, and industry-oriented approach.

One of the key areas that Lexicon is famous for is its emphasis on leadership development. They believe in nurturing future leaders who can make a positive impact in their respective fields. Through various leadership programs, workshops, and experiential learning opportunities, Lexicon aims to shape individuals into effective and influential leaders.

Another aspect that sets Lexicon apart is its focus on practical learning. The institute believes in bridging the gap between theory and practice by incorporating real-world case studies, industry projects, and internships into the curriculum. This hands-on approach allows students to gain valuable insights and skills that can be directly applied in the business world.

Furthermore, Lexicon Management Institute of Leadership and Excellence has built a strong network of industry connections. They collaborate with leading companies and organizations to provide students with exposure to the business world. This network not only enhances learning opportunities but also opens doors for internships, placements, and networking.

Evaluate Accreditation and Rankings

Accreditation ensures the quality and standard of education offered by the institution. Check if the colleges you're considering are accredited by relevant regulatory bodies. Rankings also provide valuable insights into the college's reputation and standing within the industry.

Examine Infrastructure and Facilities

A conducive learning environment is crucial for your academic journey. Consider the college's infrastructure, library facilities, laboratories, and technology resources. A well-equipped campus can enhance your learning experience and provide opportunities for hands-on practical exposure.

Assess Placement Records

One of the primary goals of pursuing a PGDM is to secure a promising job after completion. Investigate the college's placement records and the companies that frequently recruit from their campus. A strong placement track record indicates that the institution is successful in preparing its students for industry roles.

Q:   Does Lexicon Mile provide international business management stream?

A:

Lexicon Management Institute of Leadership and Excellence. Lexicon MILE are scholars who provide a rich source of international experience in professional management problems and practices. The Institute offers a Global MBA in collaboration with the University of South Wales (UK) and international MBA programs in collaboration with the University of New Haven, USA.

Analyze Faculty Quality

Faculty play a pivotal role in your education. Research the faculty profiles to understand their qualifications, industry experience, and teaching methodologies. An experienced and diverse faculty team can offer valuable insights and mentorship.

Consider Course Curriculum

The curriculum should strike a balance between theoretical knowledge and practical application. Look for colleges that offer internships, projects, and experiential learning opportunities.

Explore Campus Life

Your college years are not just about academics but also about personal growth and experiences. Explore the campus life, extracurricular activities, clubs, and events offered by the institution. A vibrant campus can provide holistic development opportunities.

Check Reviews and Alumni Feedback

Reviews from current students and alumni can provide insights into the actual experience of being part of the college. Reach out to alumni if possible to understand their post-college journey and how the institution contributed to their success.

Compare College Fees and Location Benefits

While quality education is paramount, it's essential to consider the financial aspect as well. Compare the fees of different colleges and evaluate whether the investment aligns with the value offered. Also, consider the location of the college – whether it provides any geographical advantages for your field of interest.

Choosing the right PGDM college is a pivotal decision that requires thorough research and contemplation. There are various top PGDM colleges in Pune, like Symbiosis Institute of Business Management, Lexicon Management Institute of Leadership & Excellence, International Institute of Management Studies, Balaji Institute of Modern Management, etc., that offer comprehensive management education. By incorporating the guidelines mentioned above, you can embark on a successful journey towards a rewarding career in the dynamic world of management and entrepreneurship. Remember, the right choice today can shape your future!

 

Note: The views expressed in this article are that of Lexicon Management Institute of Leadership and Excellence and do not reflect/represent those of Shiksha

About the Author
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Sumridhi Gulati
Assistant Manager

Sumridhi holds a Bachelor's degree in English from Delhi University. With over three years of experience in content creation, she is a collaborative and innovative thinker who loves interacting with people to leave ... Read Full Bio

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Answered 5 days ago

Lexicon MILE offers two-years Post Graduate Diploma Cousre at full-time mode. The MBA level course is available across multiple speciaslisations. The PGDM specialisations are listed below:

  • PGDM in Research and Business Analytics
  • PGDM in Marketing and Human Resource Management
  • PGDM in Finance Marketing

...more

M

Manori Karan

Contributor-Level 6

Answered 5 days ago

Lexicon MILE PGDM course fee range from INR 9.6 Lacs - INR 13.29 lakh. The fees vary depending on the different programs offered under the PGDM course. The first-year fees can be paid in two installments over two semesters. Furthermore, the fees might include multiple fee components that can be paid

...more

R

Raj Sahani

Contributor-Level 6

Answered 5 days ago

The Lexicon MILE Pune average package offered during the 2024 placement drive stood at INR 8.27 LPA. The Lexicon MILE Pune average package offered between 2022 and 2024 are presented below: 

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Average package

INR 7.10 LPA

INR 8.70 LPA

INR 8.27 LPA

Note: The average package of 2024 is updated till November 2023. It may vary once the final placement report i

...more

N

Neha Chauhan

Contributor-Level 6

Answered 5 days ago

Lexicon Mile offers an international PGDM course in collaboration with the University of South Wales, UK. There are a total of 300 seats for the international PGDM course. To secure admission to the PGDM course candidates must have a bachelor's degree in any field with a minimum aggregate of 55% and

...more

J

Jiya Khanna

Contributor-Level 6

Answered 5 days ago

Yes, Lexicon MILE has been ranked for 2024 by multiple ranking bodies. A few of them are listed below:

Ranking BodyCategoryRank
Outlook I-Care India MBA Ranking 2024Private Standalone Institution in Pune1
Outlook I-Care India MBA Ranking 2024Top Private Institution in Pune3
Outlook I-Care India MBA Ranking 2024Top Private BSchool in West Zone12
Outlook I-Care India MBA Ranking 2024Top Private Institution in India43

A

Abhishek Rastogi

Contributor-Level 6

Answered 5 days ago

Lexicon Mile PGDM course is a two-year full-time programme for aspiring candidates. The PGDM is equivalent to an MBA course that helps interested students to build their managerial skills. The PGDM course curriculum is spread across four semesters and includes core subjects such as:

  • Economics for Man

...more

I

Ishita Sharma

Contributor-Level 6

Answered 5 days ago

Lexicon MILE PGDM admission dates for the academic year 2025 will be out soon. The admission portal for 2025 is open now. Candidates can visit the official website of Lexicon MILE to apply for the course. Moreover, candidates can refer to the entrance exam dates since admission to the PGDM course is

...more

P

Parul Gulati

Contributor-Level 6

Answered 5 days ago

Candidates with PDGM degree from Lexicon Mile are eligible to apply to Government jobs. The Government sector offers range of opportunities as mentioned below:

Job ProfilesDescriptionAverage Salary
Business AnalystA Business Analyst is a professional who works within an organisation to analyze, understand, and document the business processes and systems. INR 9.8 LPA
Investment BankerAn Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities. INR 16.1 LPA
Chief Financial OfficerThe CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations. INR 83.3 LPA
Product ManagerA Product Manager is a professional responsible for overseeing the development, strategy, and success of a product throughout its lifecycle. INR 21.6 LPA
Management ConsultingManagement consulting involves providing advisory services to organizations to improve their performance, solve problems, and achieve their goals. INR 27.5 LPA

N

Nitesh Shukla

Contributor-Level 6