Post Graduate Diploma Management (PGDM) in Business Entrepreneurship is 2 years, full-time Diploma programme. This programme has been designed for Entrepreneurs and Entrepreneurial managers. Entrepreneurship is all about Launching, Designing and Running a new business which offers Process or Service, Product for sale or hires.
The course is offered in core areas which deal with the real business issues through case studies and projects that cover different company sizes, stages, and international contexts.
For Indian National candidates, the basic eligibility criterion to get admission in the course is three years University Degree in any discipline or four years engineering/ Technology/ Medicine recognized by UGC/ AIU/ AICTE with 50% overall aggregate marks and 45% marks in case of reserved category. PIO/ NRI/ Foreign candidates are also eligible for admission.
Eligibility criteria for PIO/ NRI/ Foreign candidate is completed Bachelor’s degree with minimum 50% marks or equivalent qualification in any discipline recognized by Association of Indian Universities (AIU).
Top Institutes offering this course are:
- Entrepreneurship Development Institute of India (EDI)
- Madurai Kamaraj University
- Nirmala Niketan College of Home Science
- Symbiosis International University
- Times Business School
The tuition fees charged for this course in India ranges between INR 1 to 10 Lacs.
Those students who have successfully completed their course can get an annual average salary in between INR 3.85 Lacs.
Post Graduate Diploma in Management (Business Entrepreneurship) – Course Highlights
The following table shows the some of the major highlights of the course.
| Course Level | Post Graduate Diploma |
| Duration | 2 years |
| Examination Type | Semester system/ Year wise |
| Eligibility for Indian candidates | Completed three years University degree in any discipline or four years Engineering/ Technology/ Medicine/ other recognized by UGC/ AIU/ AICTE with 50% overall aggregate marks. |
| Eligibility for PIO/ NRI/ Foreign candidates | Completed Bachelors degree with minimum 50% marks or equivalent qualification in any discipline recognized by AIU. |
| Admission Process | Merit Based/ Entrance Test |
| Course Fees | INR 1 to 6 Lacs |
| Average Starting Salary | INR 3.85 Lacs |
| Top Recruiting Companies | Ava Merchandising, Avery Dennison, Bajaj Capital, Digital Upstarts, Flourish Purefoods P Ltd, Gandhi Fellowship initiative (Piramal Foundation of Education Leadership and Kaivalya Education Foundation), Gateway Group, GIAN (National Innovation Foundation), HDFC Bank, Jagdish Hirani & Associates, kWatt Solutions P Ltd, Matrix Cellular, Naukri.com, Oakrook Education Research Ltd, Purple Squirrel (IIT Bombay incubators), Ramana Group, Shyamal & Bhumika, Skylabs Solutions Ltd, SMC insurance, UASC, XL Dynamics, Yodlee Infotech P Ltd, UNHCR Project (Access Development Services), Saath NGO |
| Job Positions | System Analyst, Assistant Manager, Chief Human Resources Officer, Finance Controller, Delivery Manager, Business Analyst |
Post Graduate Diploma in Management (Business Entrepreneurship) – What is it About?
Entrepreneurship is a capacity and willingness to manage, organize, and develop a business venture along with any of its risks in order to make a profit. The opportunities any entrepreneurial have may include:
- Developing a Business Plan
- Hiring the Human Resources
- Acquiring Financial and Material Resources
- Providing Leadership
- Responsible for both the venture’s Success and Failure
- Risk Aversion
This programme is designed to provide in-depth understanding about enterprise creation, enterprise growth and management, encouraged participants thinking, ambitions and applied learning experiences. The main objective of the programme is:
- To develop skills in successfully expanding and diversifying business enterprise in new and upcoming areas.
- To create entrepreneurial business managers
- To develop family business successors as knowledgeable owners of their business
The course offers two specializations i.e. Family Business Management and New Enterprise Creation and Various Functional Specializations such as Marketing, Finance, Human Resource Management, International Business, Information System and Language and Communication.
Post Graduate Diploma in Management (Business Entrepreneurship): Top Institute
The following table shows the list of top institutes that offer this course:
| Name of the Institute | City/ State | Average Fees |
|---|---|---|
| Entrepreneurship Development Institute of India (EDI) | Gandhinagar, Gujarat | 5, 25, 000 |
| Madurai Kamaraj University | Madurai, Tamil Nadu | - |
| Nirmala Niketan College of Home Science | Mumbai, Maharashtra | 2, 25, 000 |
| Symbiosis International University | Pune, Maharashtra | 3, 00, 000 |
| Times Business School | Ahmedabad, Gujarat | - |
| Abhyudaya Degree College | Bangalore, Karnataka | - |
| Amity Business School | Noida, Uttar Pradesh | 5, 18, 000 |
| Bharathiar University | Coimbatore, Tamil Nadu | - |
| DBU Global | Gurgaon, Haryana | 96, 000 |
| DY Patil University | Mumbai, Maharashtra | 3, 00, 000 |
| GD Goenka University | Gurgaon, Haryana | 1, 97, 500 |
| Institute of Management and Technical Studies | Noida, Uttar Pradesh | - |
| Oscar Business School | Vellore, Tamil Nadu | - |
| Sangam University | Bhilwara, Rajasthan | 45000 |
| Sri Sri University | Cuttack, Orrisa | 1, 65, 000 |
Post Graduate Diploma in Management (Business Entrepreneurship) – Eligibility
The eligibility criteria of both the Indian Nationals and PIO/ NRI/ Foreign candidates are different. Below are the minimum eligibility criteria that candidates are required to fulfil in pursuing the course:
Eligibility for Indian Nationals
- Must have completed three years University degree in any discipline or four year Engineering/ Technology/ Medicine recognized by the UGC/ AIU/ AICTE are eligible for the course.
- Applicants must score 50% overall aggregate marks and 45% marks in case of reserved category candidate
- Those interested in the programme but still appearing for the final year examinations of their Bachelor’s degree are also eligible to apply.
- Those who have passed or appeared for graduation examination from a concerned university are also eligible to apply.
Eligibility for PIO/ NRI/ Foreign candidate
- Must have completed Bachelor’s degree with minimum 50% marks or equivalent qualification in any discipline recognized by the Association of Indian Universities (AIU)
- Those who are appearing for final examination towards a Bachelor’s degree are also eligible to apply.
Post Graduate Diploma in Management (Business Entrepreneurship) – Admission Process
Admission process for Indian Nationals and PIO/ NRI/ Foreign candidate are different. For Indian Nationals students, admission is based on their performance in entrance test followed by Group Discussion and Personal Interview.
Following are the top entrance exams conducted in the country for admission in the course:
- CAT (Common Admission Test)
- MAT (Management Aptitude Test)
- XAT (Xavier Aptitude Test)
- CMAT (Common Management Admission Test)
- ATMA (AIMS Test for Management Admissions
For PIO/ NRI/ Foreign candidates, admission will be based only on GMAT scores. Shortlisted candidates will be invited for Personal Interview process via teleconference.
Post Graduate Diploma in Management (Business Entrepreneurship) – Syllabus and Course Description
The course offers six trimesters over two year period. It offers core courses, electives, seminar courses and projects apart from summer internship commenced at the end of the first year.
The following table shows the semester wise syllabus:
| Trimester I | Trimester II | Trimester III |
|---|---|---|
| Entrepreneurship Theory & Practice | Entrepreneurial Lab | Creativity, Innovation and Entrepreneurship |
| Managerial Accounting & Control | Financial Management - I | Doing Business with Government and Public Sector |
| Business Economics | Human Resource Management | Financial Management – II |
| Management Concepts and Organization Behaviour | Managerial Accounting & Control – II | Enterprise Information System |
| Marketing: A Prime for Entrepreneurs | Quantitative Techniques | Operations Management |
| Written Analysis and Communication | Entrepreneurial Marketing | Legal Aspects of Business |
| Exploring Business Opportunities | Indian Economy – Government Policy and SMEs | Understanding Family Business |
| Research Methodology | Communication Skills for Entrepreneurial Leadership | Operations Research |
| - | Industry Verticals | Industry Verticals |
| Trimester IV | Trimester V | Trimester VI |
| Strategic Management | Project/ Growth Feasibility | Project/ Growth Feasibility |
| Business Taxations | Stream Electives | Pitching and Venture Funding |
| Entrepreneurial Effectiveness | Functional Electives | Functional Electives |
| Stream Electives | - | - |
Post Graduate Diploma in Management (Business Entrepreneurship) – Career Prospects
Applicant’s can get jobs in various reputed companies or they can also able to open their new venture or can join their family businesses. Applicants can also make their career in the field of Research on entrepreneurship development.
The following table shows the different job positions and their descriptions along with the corresponding salaries:
| Job Position | Job Description | Average Annual Pay Scale in INR |
|---|---|---|
| Business Analyst | Business Analyst helps to analyze and improve functioning and activities of organizations to increase the output | 5, 84, 753 |
| Assistant Manager | Assistant Manager helps company running smoothly by overseeing employees and provides customer service. | 5, 81, 461 |
| Finance Controller | They helps in producing the financial reports, maintain accounting records, control and design budgets to mitigate risk etc. | 6, 95, 381 |
| System Analyst | System Analysts design and develop new systems by choosing and configuring hardware and software | 6, 02, 094 |