For the industry, it does not matter whether the person is a PGDBM or MBA.
1. MBA (Master in Business Administration) is a degree course, while PGDBM (Post Graduation Diploma in Business Management is a diploma course.
2. MBA degree is provided by only those institutes that are affiliated to any university. MBA program follow an academic curriculum as prescribed by the university.
3. PGDBM courses are offered by private B-Schools that are not affiliated to any University. They should be recognized by All India Council for Technical Education (AICTE) to be equivalent to the MBA course of university. These institutes prepare their own syllabus, and they are no way dependent on the universities and enjoy full autonomy of their courses. As far as the reputation of theses courses are concerned, it all depends on the name of the B-School.
People usually say, there is no big difference between MBA and PGDBA (or PGDBM). It is a marketing tip to sell the seats available in their institutions. But, there is big gap, between both of them and one will know it, when he comes out of his college with his valueable and costly certificate. No one in the Market will agree, that a PGDBA (or PGDBM) is equivalent to MBA. And with that point, they try to depreciate you or degrade you.
And if you got an MBA from the worst institution in the world also, it is very much acceptable and greater than PGDBA(M). AICTE should address this issue. People agree that, IIM's also give a PGDBA, not MBA. Still they are not convinced to agree the specified point.
A PGDBM from a quality institution is much more valuable than an MBA degree from a low quality institution. But if you wish to do your PhD in management than you should opt for an MBA.
It is not really a question of any difference in the concept between MBA and PGDM. Both relate to imparting as well as equipping students with the knowledge, skills and attitude to successfully manage organisations, be it business or not-for-profit businesses. The universities both in India and elsewhere confer an MBA degree, while PGDM is awarded by autonomous B-schools in India. It is the quality of learning that that makes up for the advantage.
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