Importance of PGDM equivalent to MBA by AIU
Many students have to happen this ambiguity about PGDM and MBA, to answer them in the simplest way possible the Former one is a Diploma whereas the Latter one is a Post Graduate Degree. Many MBA Aspirants may get confused if PGDM is the right choice as it’s a Diploma Programme but to make this further clear an MBA degree can be conferred only by universities whereas a standalone institute can provide Diploma if not associated to any university.
Now coming to the most crucial difference that will answer why PGDM is equivalent to MBA from certain institutes is because of the affiliation given by AIU. The Association of India Universities is an agency that certifies the equivalence of a PGDM programme to a post-graduate management degree.
What is AIU and what is its role?
Association of Indian Universities (AIU) is an agency of major universities in India, based in Delhi. The function of AIU is to accord recognition of Degrees/ Diplomas awarded by the Universities in India, which are recognised by the UGC, New Delhi, and abroad for the purpose of admission to higher degree courses in different universities. A PGDM programme is certified as equivalent to MBA degree by the AIU after evaluating the curriculum of the PGDM programme. Another condition for the award of the equivalence certificate is whether the institute is accredited by the National Board of Accreditation (NBA).
VES Business School (VBS) is awarded the “Certificate of Equivalence” by AIU, as it is accredited by NBA, which means, the institute’s PGDM course is equivalent to a Post Graduate Management Degree.
Benefits of pursuing AIU recognised PGDM
Among many benefits of pursuing AIU recognised PGDM, two most important are:
- PGDM equivalent to MBA by AIU graduates can also pursue PhD in foreign countries as well as in India.
- PGDM equivalent to MBA by AIU graduates can also apply for government jobs where eligibility criteria is MBA degree or equivalent.
Vivekanand Business School has been ranked by various reputed agencies like NIRF, Times of India and many more. Apart from being certified with Equivalence to MBA degree students at VBS are exposed to a strong curriculum that matches Industry’s requirements as the curriculum is designed by academics and industry experts. VES Business School PGDM Programme also offers Internship Opportunities, Consultancy, Research and Live Projects. Focus is given on the holistic development of each and every PGDM Student.
Note: The views expressed in this article are that of Vivekanand Business School institute and do not reflect/represent those of Shiksha
Mani is a content curator by profession, a reader by choice and a vegetarian junk foodie at heart. When she's not being any of these, she could be seen binge-watching FRIENDS, on repeat.
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Student Forum
Answered 4 weeks ago
Vivekanand Business School has a good track record of placements for its PGDM course. The key highlights of Vivekanand Business School placements for the PGDM Class of 2023 and 2024 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|
the highest package | INR 12 LPA (Domestic) INR 21.42 LPA (International) | INR 12.23 LPA |
Average package | INR 8 LPA | INR 7.40 LPA |
Total recruiters | 350 | 350 |
Placement rate | 93% | 81% |
Answered 4 weeks ago
As per the latest report, the average package offered during Vivekanand Business School placements in 2024 stood at INR 7.40 LPA. The average package offered during Vivekanand Business School placements between 2023 and 2024 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|
the highest package | INR 12 LPA (Domestic) INR 21.42 LPA (International) | INR 12.23 LPA |
Average package | INR 8 LPA | INR 7.40 LPA |
Top 10 average package | INR 11.62 LPA | INR 11.26 LPA |
Top 25 average package | INR 9.39 LPA | INR 9.85 LPA |
Top 50 average package | INR 8.22 LPA | INR 8.50 LPA |
Answered a month ago
At Vivekanand Business School (VBS), the institute provide learning beyond textbooks by immersing students in learning-by-doing experiences that challenge them to identify core realities and ignite their innate creativity. For admission to the PGDM programme, the institute offers six specialisations
P
Contributor-Level 7
Answered a month ago
Yes, Vivekanand Business School offers scholarship to deserving and meritorious students. The institute offers International Scholarship Scheme, provided to 10 deserving PGDM candidates. This prestigious scholarship is available for two students per specialisation in Marketing, Banking & Finance, Op
R
Contributor-Level 7
Answered 4 weeks ago
PGDM is one of the most popular courses of Vivekanand Business School. When it comes to the placements, the institute offers decent placements annually. The key highlights of Vivekanand Business School placements for the PGDM Class of 2023 and 2024 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|
the highest package | INR 12 LPA (Domestic) INR 21.42 LPA (International) | INR 12.23 LPA |
Average package | INR 8 LPA | INR 7.40 LPA |
Total recruiters | 350 | 350 |
Placement rate | 93% | 81% |
Answered 4 weeks ago
As per the latest report, Vivekanand Business School concluded the placement drive for the PGDM batch passed out in 2024 with 81% placement rate. The placement rate recorded during Vivekanand Business School between 2023 and 2024 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|
Placement rate | 93% | 81% |
Answered 3 weeks ago
As of now, VBS has no specified the last date to apply for PGDM admission. The application process is currently ongoing. Interested candidates must submit an application well in advance as there is a limited number of PGDM seats offered at the institute. They must also look out for the application d
H
Contributor-Level 10
Answered 3 weeks ago
The total course fee for PGDM at VBS is INR 9.5 Lacs for two years. It can be paid in four easy instalments. Some components included in the total course fee are tuition fee, caution deposit, examination fee, library fee, etc. Additionally, candidates seeking accomodation at the institute (for both
H
Contributor-Level 10
Is VBS Mumbai good for MBA?