Nowadays, we rarely hear of people who are only graduates; having a master’s degree as a credential is not just seen as a plus, but as a requirement for qualifying for a desirable job post. And, if a candidate has a master’s degree in management, recruiters will look at his profile as a possible leader of the future.
The PGDM is more than simply a course; it polishes and grooms your entire personality, from improving interpersonal efficiency to polishing latent abilities. Furthermore, one improves presentation abilities, is exposed to real-world business circumstances, and develops a problem-solving mindset.
In the realm of research, PGDM students have a variety of options. If management postgraduates are skilled with computation and figures, research organisations would hire them as business analysts or analytical experts.
In order to have a well-established job after receiving a post-graduation degree, one must obtain a professional certificate or doctorate. Individuals with a doctorate degree have a wide range of professional as well as academic opportunities, but not everyone is aware of them.
So, are you prepared to pursue a course after completing your PGDM? If yes, then scroll down to the top 10 best post-PGDM courses in India and choose the one that best suits you….
List of Best Courses to pursue after PGDM in India
1. Ph.D. in Business Administration
Ph.D. Business Administration is a three- to five-year research-based programme. The goal of the course is to produce individuals who have a highly sophisticated analytical knowledge of business fundamentals. It covers innovative methodology in KPIs, management, quantitative and qualitative procedures, and more.
The course’s main goals are to apply scientific methodology concepts to business inquiry, as well as to build analytical abilities and conduct business research. Understanding and refining measurement, scaling, and sampling methodologies, which are the essential instruments of business, is also a priority.
Eligibility:
- Candidates must have completed 10+2+3+2 or 10+2+4+2 years of full-time study at a recognized university or board.
- Candidates must have completed a master’s degree programme in the relevant discipline, such as an MBA, MPhil, or any other master’s degree programme.
- In master’s degree programmes, they should have received a minimum of 55 percent.
- UGC-NET and ICAR NET are two entrance tests that are taken into consideration for admission to Ph.D. Business Administration programmes.
Duration:
The duration of this doctorate programme is 3-5 years.
Job Profile:
- Assistant Manager
- Events Executive
- Administration Manager
- Business Administrative Executive
Average Salary:
The average salary of an individual after completing this doctorate programme is 7 lakh per annum to 18 lakh per annum.
2. Ph.D. Human Resource Management
Ph.D. in Human Resource Management is a three to five year doctoral degree in human resource management. This curriculum focuses on developing organizational skills, training and developmental skills, decision-making abilities, and communication abilities in pupils. The course is extremely beneficial for developing critical thinking skills, which are similar to thinking outside the box and beyond traditional constraints. One also learns about the rules and procedures that businesses use to increase production and efficiency. Students who complete a Ph.D. Human Resource Management programme have numerous job options both in India and overseas.
Eligibility:
- The student must get a Master’s or M.Phil. in Human Resources Management.
- He or she must receive at least 55 percent of the total marks from any accredited university.
- The primary prerequisite for admission to this programme is that you must pass the entrance examination with the required cut-off scores.
- In addition, the students must do well in the Personal Interview round.
Duration:
The duration of this doctorate course is 3-5 years.
Job Profile:
- Human Resource Manager
- HR Executive
- HR Consultant
- Training Manager
- Recruitment Consultant
Average Salary:
The average salary of an individual after completing this doctorate programme is 5 lakh per annum to 12 lakh per annum.
3. Ph.D. in Finance
Ph.D. Finance is a finance doctorate programme. It is a research-based course that prepares students for a successful academic career. Ph.D. Finance focuses on advanced topics such as share valuation, privatisation and globalization, business environment meaning and definition, cost and management accounting, industrial growth and structural changes, and so on.
Students pursuing a Ph.D. in finance are educated in areas such as statistics, investments, economics, and corporate finance theory. In addition, as part of their course curriculum, students will be exposed to a variety of markets and financial products. Ph.D. in Finance is a research-oriented programme designed for those who want to pursue a career in academia or research.
Eligibility:
- Students must complete their post-graduate studies in topics such as accounting, economics, and other relevant topics.
- In addition, the student must have a minimum of 55 percent in their post-graduate course. Candidates who are SC/ ST/ OBC/ PwD are given a 5% mark reduction.
- Candidates must participate in the admissions process, which includes a written entrance exam and a personal interview.
Duration:
The duration of this doctorate course is 3 years.
Job Profile:
- Stockbroker
- Statistician
- Credit Control Manager
- Finance Manager
- Corporate Banking Executive
Average Salary:
The average salary of an individual after completing this doctorate programme is 5 lakh per annum to 14 lakh per annum.
4. Ph.D. in Marketing
A Ph.D. in Marketing is a three to five year full-time doctorate programme. This is a professional degree that intends to prepare students to teach and do research using a variety of courses that focus on theoretical aspects of marketing. Students will explore quantitative models in marketing literature and learn how to analyse and assess current models in this course. Students spend a lot of time thinking about challenges like research design, measurement and scaling, and data gathering.
Marketing models, statistics, research techniques, marketing, and public policy marketing theory, and other topics are covered in this discipline.
Eligibility:
- A Master’s degree or MPhil in Marketing is required of the student.
- He or she must receive at least 60% of the total grades from any accredited university.
- The primary prerequisite for admission to this programme is that you must pass the entrance examination with the required cut-off scores.
- In addition, the students must do well in the Personal Interview round.
Duration:
The duration of this doctorate course is 3 to 5 years.
Job Profile:
- E-Marketing Manager
- Internet Marketing Manager
- Market Research Analyst
- Marketing Communications Leader
- Resident Marketing Executive
Average Salary:
The average salary of an individual after completing this doctorate programme is 2 lakh per annum to 10 lakh per annum.
5. Chartered Accountancy (CA)
Chartered Accountant is a critical specialization-cum-certification course that qualifies you to work as a chartered accountant for any reputable company or audit firm. In India, the course is governed by the ICAI.
The length of the CA is determined by the level of admission. There are three stages to the CA programme: foundation, intermediate, and final, with three years of articleship in between. Banks, financial institutions, and enterprises all need Chartered Accountants. As a result, candidates for Chartered Accountant jobs have a wide choice of options. Candidates who have obtained their CA certificate might start their own auditing firm and provide services to their clients.
Eligibility:
- The CA programme is open to anyone who has finished their 10+2 in any subject (including Science, Maths, and Commerce) or higher studies in a subsequent field.
- To be qualified for this programme, students must have a minimum of 60 percent in their 10+2 grades
- There is no such thing as a ‘CA Entrance Exam’ for the CA programme. Promotion to higher levels, on the other hand, is contingent on candidates’ achievement in ICAI tests at various levels.
Duration:
Chartered Accountancy takes roughly five years to complete.
Job Profile:
- Accountants
- Accounting Managers
- Auditing Experts
- Taxation Experts
Average Salary:
The average salary of an individual after receiving specialization as well as certification for Chartered Accountancy is 5 lakh per annum to 25 lakh per annum.
6. Six Sigma Certification Courses
Six Sigma is a statistics-based data-driven improvement strategy that aids in the reduction or elimination of faults or difficulties related to a company’s products or services in order to develop an effective and efficient business. Six Sigma processes is a methodology that aims to improve corporate performance and efficiency. As a result, other businesses are clamouring for a better knowledge of the process.
Coursera, Alison, Management, and Statistical institutions are some of the online and offline venues that provide an overview of the Six Sigma process through an integrated module or a distinct course. The length of time it takes for different institutions to complete the certification courses and for different charges, fluctuates.
Eligibility:
- There are no prerequisites for the Six Sigma White Belt certification.
- There are no prerequisites for the Six Sigma Yellow Belt certification.
- There are no prerequisites for the Six Sigma Green Belt certification.
- Work Experience: Six Sigma Black Belt
- Work Experience: Six Sigma Champion Belt
Duration:
The duration of the certification course alters from one website to another ( Few hours to months)
Job Profile:
- Business Optimization Specialist
- Supply Chain Manager
- Business Process Analyst
- Data Analyst
- Project Manager
Average Salary:
The average salary of an individual after receiving a specialization certificate for these courses is 2 lakh per annum to 22 lakh per annum and it depends on expertise and level of certification.
6. Chartered Financial Analyst (CFA)
The CFA Institute in the United States offers a worldwide recognized education called CFA, which stands for Chartered Financial Analyst. The CFA is a certificate programme that is widely regarded as one of the most prestigious degrees in financial services and management, as well as the pinnacle of investment management and analysis. The CFA syllabus consists of ten basic subjects taught at three levels. CFA Level 1, CFA Level 2, and CFA Level 3 are the three levels of the CFA programme.
The CFA Institute’s credential is recognized in over 165 countries throughout the world. The CFA Institute is widely regarded as the gold standard for financial professionals’ professional credentials.
Eligibility:
- Candidates must have completed a bachelor’s degree or an equivalent programme from a recognized university or institution in any field.
- Before registering for the level 1 exam, candidates must have a minimum of 4000 hours of work experience or a combination of 4000 hours of work experience and higher education gained over a minimum of 3 consecutive years.
- Candidates must also have an international passport, according to the CFA.
- A professional compliance statement is also needed for candidates.
- Admission to the CFA programme is granted based on a merit list.
Duration:
The duration of this certification course is 1.5 to 5 years.
Job Profile:
- Chartered Financial Analyst
- Business Consultant
- Market Research Analyst
- Investment Manager
- CFO
Average Salary:
The average salary of an individual after receiving a specialization certificate for these courses is 8 lakh per annum to 30 lakh per annum and it depends on expertise and level of certification.
7. Ph.D. in Commerce
Doctor of Philosophy in Commerce, or simply Ph.D. in Commerce, is a research-based doctoral programme that can be undertaken following a master’s degree. The length of the course is determined by the study. This course covers a wide range of business topics, including accounting, finance, forecasting, management, and budgeting. A candidate following this course will be required to do research in one of these areas and submit a thesis at the conclusion of the semester. Students will receive a high-quality education that meets the needs of business and industrial management.
Eligibility:
- A Master’s Degree in Commerce, MBA, PGDM, or MPhil in Commerce from a recognized university/institution is required.
- For a master’s degree, a minimum aggregate score of 55 percent is necessary.
- Few institutions also require five years of teaching, industry, or administration experience.
- To get admitted to a Ph.D. in Commerce programme, candidates must pass an admission exam administered by the UGC, the state, or a university.
Duration:
The duration of this doctorate course is 3 to 6 years.
Job Profile:
- Lecturer
- Professor
- Business Analyst
- CEO
- Financial Manager
Average Salary:
The average salary of an individual after completing this doctorate programme is 3 lakh per annum to 30 lakh per annum.
8. Cost Management Accountancy (CMA)
The Institute of Cost Accountants of India (ICAI), formerly known as the ICWAI (Institute of Cost & Works Accountants of India), is a renowned Indian cost accounting educational and development organisation. At this time, the ICWA has been called CMA (Cost Management Accounting). This course will teach you how to run a company with limited resources. A cost accountant’s job includes gathering and analysing financial data from several divisions within a company.
The three levels of this course are CMA Foundation, CMA Intermediate, and CMA Final. Both a correspondence and an online version of this course is available.
Eligibility:
- The CMA programme is open to anyone who has finished their 10+2 in any subject (including Science, Maths, and Commerce) or graduation in a subsequent field.
- To be qualified for this programme, students must have a minimum of 60 percent in their 10+2 grades
- Admissions will be based on the CMA Foundation, Intermediate, and Final exams, which are administered by the Institute of Cost Accountants of India (ICAI).
Duration:
The duration of this course is 3 years.
Job Profile:
- Finance Director
- Managing Director
- Associate Professor
- Accountant
- Cost Controller
- Chief Auditor
- Cost Accountant
Average Salary:
The starting average salary of an individual after qualifying all levels of the CMA exam is 3 lakh per annum to 6 lakh per annum respectively.
9. PMP Certification
PMP stands for Project Management Professional, and the PMP certification is one of the most prestigious project management professional qualifications in the world. While PMP certification is not the only criterion for project management professionals’ experience or talents, it does serve as a sign of competence and understanding in the industry. The certification course provides students with hands-on project management training as well as an introduction to various project management tools and approaches.
Eligibility:
Most PMP courses necessitate a Bachelor’s degree and a few years of project management experience.
Duration:
Because most of the courses are distance/online, you can choose how long you want to spend on them. Some institutes, however, provide structured, hourly-moduled courses:
- 160+ hours of learning and training in the Project Management Certification Program (UpGrad).
- Professional Project Management Training Course (ExcelR) – 35 hours of training.
Job Profile:
- Project Designer
- Project Analyst
- Project Manager
- Associate Program Manager
- Project Owner
Average Salary:
The average salary of a PMP professional is 1 lakh per annum to 6 lakh per annum depending on the specific field of expertise as well as demand.
10. Ph.D. in Operation Management
PhD Operation Management is a research-based doctoral programme in Operations Management that focuses on the management and control of an organization’s operations and production processes. It is one of the most popular management tracks, with numerous job prospects in reputable MNCs, corporate houses, and manufacturing enterprises.
Managerial Principles, Operation Management Skills, Resource Management, Managerial Economics, and other popular study fields are covered in this course. Coursework and a research programme are the two main components of the course. The courses will lay the groundwork for students to correctly conduct their research.
Eligibility:
- Candidates must have completed an MBA or a PGPM in Operations Management.
- To be eligible for PhD Operation Management, candidates must have a minimum of 55 percent aggregate marks at the Masters/PG Diploma level.
- Candidates with appropriate work and research experience will be given a significant advantage.
- For admission to PhD Operation Management programmes, there are both national and institute-level entrance tests.
Duration:
The duration of this doctorate course is 3 to 5 years.
Job Profile:
- Operations Manager
- Operations Team Leader
- Customer Services Manager
- Service Delivery Manager
Average Salary:
The average salary of an individual after completing this doctorate programme is 7 lakh per annum to 12 lakh per annum.
Conclusion:
The above is a list of some of the excellent courses to pursue after PGDM in India. We hope that we provided the best information regarding your query and helped you to pursue your interest in a given programme.
