Roumik Roy
Updated on - Aug 9, 2023
Latest Updates for PGDM
- 29 March 2024 :
TANCET 2024 scorecard will be made available from Apr 3, 2024, by Anna University.
- 28 March 2024 :
TANCET result 2024 has been released on Mar 28, 2024.
- 27 March 2024 :
MAH MBA CET 2024 provisional answer key will be released on Apr 1, 2024.
- 19 March 2024 :
IMU CET application form has been released and the last date to apply is May 5, 2024.
PGDM jobs in India are in high demand with potential employment opportunities in today's developing world. A student will be well-equipped with industry-relevant skills and expertise to appear for recruitment drives after PGDM coursecompletion.
Graduates can obtain adequate job opportunities with average salary ranges between INR 4 - 24 LPA. The PGDM salary can change depending on industry demand, work experience, skills, and expertise.
The PGDM syllabus prepares and train the students for various job opportunities in both the private and government sectors. The most popular PGDM job roles are mostly available in Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, etc.
Table of Contents
- Salary Offered to PGDM Graduates In India
- PGDM Jobs in India
- Specialisation-Wise Jobs for PGDM Graduates
- Career Scope of PGDM
Salary Offered to PGDM Graduates In India
The PGDM salary in India ranges between INR 4 - 24 LPA. The PGDM salary package for a graduate is influenced by a wide range of variables. Interpersonal skills, a field of specialty, and competence in that sector affect the PGDM salary.
The average salary after PGDM in India can be less at first for freshmen, but as applicants develop appropriate experience and skills, their salary after PGDM may change.
PGDM Salary in India
The average PGDM fresher salary in India is INR 8 LPA. The salary varies for each sector along with the type of job or even the skills possessed by the aspirants. The table below contains the PGDM salary range in India:
PGDM Salary In India | Amount (INR) |
Highest Salary | 24 LPA |
Lowest Salary | 4 LPA |
Average Salary | 8 LPA |
(Source: Ambition Box)
PGDM Salary Based on Job Designations
There are several PGDM job options available for freshers & experienced PGDM graduates in corporate and governmental institutions. In India, PGDM scope and salary are influenced by the candidate’s experience and qualifications. Several jobs after PGDM are included in the following table along with respective salaries:
Job Role | Fresher Salary (INR) | Experienced Professional Salary (INR) |
Business Consultant | INR 5 LPA | INR 23 LPA |
Marketing Manager | INR 4 LPA | INR 28 LPA |
HR Manager | INR 4 LPA | INR 22 LPA |
PR Officer | INR 3.5 LPA | INR 10 LPA |
Finance Manager | INR 7 LPA | INR 18.5 LPA |
Strategic Manager | INR 6.6 LPA | INR 26.5 LPA |
Brand Manager | INR 4.5 LPA | INR 33 LPA |
International Sales Manager | INR 5 LPA | INR 17 LPA |
[Source: Glassdoor & Payscale]
PGDM Salary Based on Specializations
PGDM program is among the most rewarding in terms of employment prospects due to the variety of specializations accessible to applicants. The PGDM jobs based on specializations are as follows:
Specializations | Average Annual Salary (INR) |
PGDM in Finance | 9 - 20 LPA |
PGDM in Business Analytics | 8 - 15 LPA |
PGDM in International Business | 8 -14 LPA |
PGDM in Operations Management | 9 - 15 LPA |
PGDM in Supply Chain Management | 8 -16 LPA |
PGDM in Information Technology | 9 - 18 LPA |
PGDM in Marketing | 8 - 20 LPA |
PGDM in HR | 8- 14 LPA |
[Source: Glassdoor & Payscale]
PGDM Salary Based on Sectors
Jobs after PGDM are available in a variety of government and public sector enterprises, businesses, and educational institutions. The following is a detailed view of PGDM salaries in each sector.
Private Sector
In the private sector, PGDM jobs provide a variety of attractive packages and perks based on degrees, experience, and specializations. The PGDM average salary in India under the private sector is INR 6 LPA. The following table lists the reputable private companies and their average salaries in India:
Top Recruiters | Average Annual Salary (INR) |
Cognizant | INR 5 - 20 LPA |
Deloitte | INR 6 - 20 LPA |
HDFC Limited | INR 5 - 20 LPA |
KPMG | INR 5.5 - 25 LPA |
Infosys | INR 4.5 - 26 LPA |
[Source: Glassdoor & Payscale]
Government Sector
Government job opportunities for PGDM graduates are expanding due to the increased demand. The PGDM course salary for the government sector is INR 5 LPA on average. The following table lists reputable government-based enterprises and their average salaries after PGDM:
Top Recruiters | Average Annual Salary (INR) |
Sports Authority of India | INR 8 LPA |
Central Electronics Limited | INR 6.5 LPA |
Uranium Corporation of India Limited | INR 8 LPA |
SBI | INR 10 LPA |
RBI | INR 15 LPA |
[Source: Glassdoor & Payscale]
PGDM Jobs in India
Candidates can pursue a range of occupations after completing the course, students can seek work or extend their study. Graduates of the PGDM program can work in a wide range of professions in both the commercial and public sectors. A detailed view of PGDM jobs in India is given below:
Entry-Level PGDM Jobs for Freshers
Job prospects for PGDM students are quickly growing and will continue to do so in the foreseeable future. A PGDM starting salary in India ranges from INR 6 LPA - 10 LPA, which increases with experience and skills. Following are some of the job profiles for PGDM freshers.
Job Profiles | Description |
Business Development Executive |
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Management Trainee |
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Marketing Executive |
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Sales Executive |
|
Government Jobs for PGDM Aspirants
The career options in government for PGDM graduates keep increasing due to the high demand. The increase in the country's development has led to a flow of opportunities from the government sector Following table shows the PGDM jobs in the government sector:
Job Profiles | Description |
Business Consultant |
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Strategic Manager |
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Brand Manager |
|
Marketing Manager |
|
Private Jobs for PGDM Graduates
The prospects for PGDM students in private firms are expanding as various private companies are offering PGDM career opportunities for aspirants after completing their PGDM degrees. There are various job designations in private companies for PGDM graduates, as follows:
Job Profiles | Description |
HR Manager |
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PR Officer |
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Finance Manager |
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International Sales Manager |
|
Specialisation-Wise Jobs for PGDM Graduates
PGDM jobs are determined by the specialization chosen by the student when enrolled in the program. Each PGDM specialization provides distinctive career options, therefore the student must choose carefully. The following are PGDM job options by specialization.
PGDM Specialization | Area of Recruitment | Job Role |
PGDM in Finance | Financial Sectors, Banks, IT sectors, Insurance Companies | Bank Manager, Investment Banker, Financial Manager Portfolio Manager, Financial Advisor |
PGDM in marketing | MNCs, Corporate Houses, and Marketing Enterprises | Market Research Analyst, Market Executive, Marketing Manager, Brand Manager, New Product Manager |
PGDM in Business Analytics | Agriculture, Education, Finance, Logistics, Energy | Market Research Analyst, Market Executive, Marketing Manager, Brand Manager, New Product Manager |
PGDM in International Business | Logistics and Shipping Companies, Business Consultancies, Foreign Exchange | Sales Manager, Business Analyst, Export Manager, International Marketing Manager, Product Manager |
PGDM in Operations Management | Logistics & supply chain management, Service Operation, Material management | Purchase Manager, Strategic Planner, Purchase Analyst, Materials Analyst |
Factors To Consider Before Choosing A Job
There are some important factors to consider before selecting a job. A list of elements to consider before considering the PGDM jobs is provided below:
- Salary and entitlements - Job designations at different hierarchies of management play an important role in determining compensation packages.
- Company profile - A good company profile with adequate infrastructure ensures that a candidate will receive a lucrative compensation package.
- Cultural fit - A good organizational fit enhances a candidate's performance and boosts productivity level.
- Career progression - Candidates should choose their company and job designation based on their chosen career prospects in a particular industry.
- Employee benefits - A comprehensive benefits package may make employees feel valued and appreciated, which can lead to increased job satisfaction and engagement.
PGDM Placement
The placements for PGDM students are held at several prestigious universities in India during the program's final year through the on and off-campus recruitment drive. The followings are the top PGDM colleges and their top recruiters, along with average PGDM salaries:
College Name | Top Recruiters | Average Salary Package (INR) |
IIM Ahmedabad | Goldman Sachs, Avendus Capital, Arpwood Capital, Standard Chartered, | INR 10 - 30 LPA |
NITIE | Apple, Accenture Strategy, Zepto, Wipro, Asian Paints, Britannia, Colgate-Palmolive, Dabur | INR 15 - 40 LPA |
XLRI | Aarti Industries Limited, AB InBev, Accenture, ACT-Fibernet, Adani, Aditya Birla Group, Airbnb, Airtel, Allianz Global | INR 10 - 40 LPA |
IIM Lucknow | Barclays, Accenture, BCG, Deloitte, Amazon, Jio, Capgemini, KPMG, Bain & Co., Microsoft, P&G, Nestle, IBM, Puma, Adobe, Flipkart | INR 8 - 30 LPA |
IIM Tiruchirappalli | ABFRL, Accenture, Amazon, Avalon Consulting, Bain & Co., BNY Mellon, Cognizant, Deloitte | INR 15 - 20 LPA |
[Source: Glassdoor & Payscale]
Top PGDM Recruiters
Global corporations such as Accenture, KPMG, Syngenta, TCS, Infosys, and Deloitte provide a variety of work opportunities for PGDM graduates and are considered among the best places to work. The following are the top companies that hire PGDM graduates:
Top Recruiters | Average Annual Salary (INR) |
Cognizant | INR 9.5 LPA |
Deloitte | INR 12 LPA |
HDFC Limited | INR 5 LPA |
KPMG | INR 13 LPA |
Infosys | INR 8.5 LPA |
SBI | INR 10 LPA |
RBI | INR 15 LPA |
[Source: Glassdoor & Payscale]
Areas of Recruitment for PGDM Graduates
The scope of PGDM in India is extensive as students can work both in the public and private sectors, depending on their interests and skills. Some of the areas in which PGDM graduates get recruited are given below:
Areas of Recruitment | Job Profiles |
Marketing Agencies | Market Research Analyst, Marketing Executive, Marketing Manager, Brand Manager |
Educational Institutions | Educational Consultant, Administrator, HR Manager, Sales / Business Executive |
Consultancies | Analyst, Business Consultant, HR Consultant, IT Consultant, Real Estate Consultant |
Hotels and Resorts | Hotel Manager, Food and Beverage Director, Director of Sales and Marketing, Finance Manager, HR Manager |
Career Scope of PGDM
The PGDM scope in India is expanding significantly. Students who have earned their degrees have a bright future and might swiftly advance to the top positions in their careers.
Career Options after PGDM
PGDM has a broad future possibility for business administration specialists and professionals who desire to pursue a career in management. The following are the several PGDM career opportunities for graduates:
- Business Development Executive
- Financial Advisor
- Recruitment Manager/Executive/Associate
- Human Resource Executive
- Marketing Associate/Executive
- Operation Manager
- Brand Executive/Manager
- Customer Relationship Executive/associate
- Sales Executive
Courses after PGDM
Students can pursue job-related courses to expand their knowledge and competence in business management after completing their PGDM courses. There are several alternatives for higher education after the PGDM course, some of which are given below:
- PhD
- MPhil
- Executive MBA
- ISB's Certificate Programme in Business Analytics
- Doctor of Business Administration
- Fellow Programmes in Management from IIMs
- Certified in Production and Inventory Management (CPIM)
Skills Required for PGDM Graduates
The PGDM scope in India is defined by the individual's knowledge, expertise, and competencies throughout time. PGDM graduates must possess soft and hard skills to be successful in the industry. Some of these skills are given below:
- Strategic Thinking - Graduates need to have ideas to plan and execute tasks effectively for strategizing efficient business processes or organizational operations.
- Teamwork - The importance of knowing teamwork helps students to work collaboratively which maximizes the efficiency of productivity.
- Problem-Solving - A problem-solving mindset helps graduates to face business challenges and provide effective solutions.
- Analytical Skills - PGDM subjects require a certain amount of analytical and logical skills to assess complex situations.
- Domain Knowledge - Students should have significant insight into the management trends and latest aspects that provide additional help to comprehend the course outcomes and make the best out of it
- Communication Skills - Soft skills including communication and impersonal skills are essential for adequate career growth.
- Decision-Making skills - Graduates should be able to undertake rational decisions for effective planning and controlling business operations.
Research Abilities - Students should know about quantitative and qualitative research practices for acquiring in-depth knowledge, which will contribute to project work as well.