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PGDM in Strategy/ Strategic Management Overview
PGDM in Strategy/ Strategic Management or Post Graduate Diploma in Strategic Management – Usually a postgraduate diploma is viewed attractively by working professionals. For those who are in the industry, learning work experience, and want to elevate their higher education qualification to brighter career prospects, this is exactly the objective of a PGDM in Strategy.
For individuals who have completed their bachelor’s in a related subject or an MBA, a PGDM in Strategy is best for them to follow up with. In business administration which is de facto the integral part of any MBA specialization, a diploma in Strategic management shall only enhance one’s existing skills, work experience, and success prospects.
So if you are a professional or newly post-graduated student looking to level up your education qualification and get a raised brows for your CV, a PGDM in Strategy is just right for you. A diploma in Strategic Management shall shine in your resume and raise your stature as a management professional.
Now thinking of where to get started? Top colleges for PGDM in Strategic Management, fees, admission process, distance learning availability? Take it easy, we’ve got your back. Here at FormFees, we have compiled every data and information you would require to pursue PGDM in Strategy.
What is PGDM in Strategy/ Strategic Management?
Strategic Management in the industry refers to the business strategy made by strategic management professionals on the behalf of the stakeholders for entire the enterprise, based on the resources the company has. This also includes the correct allocation of resources, setting up goals, and mitigating weaknesses that might impede the firm’s growth.
Strategic management requires working with everybody you may be in the firm. It is a team job and mostly you are the leader.
So, the question arises, who should pursue a PGDM in Strategy/ Strategic Management?
We all stay in social circles, various kinds of them. Some individuals are different than others individuals. Some like to be burden-free, some may take less initiative and some just know that there is a lot of potentials if people move together. So they take initiative, form an idea, communicate it to everyone in the best communicable manner, set goals, and become an iron pillar at the back of the initiative to watch it succeed. These latter people we are discussing should prefer having a career and being a professional in Strategic Management.
Now let that initiative be increasing your users on the base of last year’s average or planning a Goa trip. That one friend who can do both, refer this course to them.
But right now, at the threshold of your rising career, rather than going for a Goa trip, let us brief you about some of the top colleges in various other cities in India, that provided PGDM in Strategic Management.
Some of the most affluent colleges for PGDM in Strategy in various cities are provided below in the table:
Name of the College | City |
---|---|
IIM | Tiruchirapalli |
Swayam NPTEL | Chennai |
NIIT Imperia Center of Advanced Learning | Nagpur |
IIFT | New Delhi |
Apart from the institute syllabus or what a PGDM in Strategy course covers is of vital importance to interested candidates. A PGDM in Strategy like any other management comprises some general topics of management combined with a strategy such as business management strategy, strategy, economics, strategies formulation, etc. This particular course is outstanding for management professionals as it combines two vital aspects of business management i.e. strategy and management. The PGDM in Strategic Management is all you need to see a sunrise of scopes in your ambitious career plans.
Scopes? Did we hear “scopes”? We didn’t tell you about the scopes yet. Well, there is an ocean of them in PGDM in Strategic Management. So, let’s dive in.
The initial work of a strategic planner involves gathering and analyzing data and preparing results for presentation to senior management. As you move to a higher role up the professional hierarchy, you will work with senior committee members like the CEO, CFO, and COO.
A PGDM in Strategy can help you become a Research Investigator, Product Strategist, Project Analyst, Consumer Insight Analyst, Marketing Consultant, Business Development Coordinator, Strategic Initiatives Associate, and much more.
Now begin your career in PGDM in Strategy with FormFees. We hope for a booming future for you and are obliged to be part of your journey. Beneath is provided the overview of the PGDM in Strategic Management course with all the required relevant details:
PGDM in Strategy Quick Questions
Q. What is the full of PGDM in Strategy?
Ans. A PGDM in Strategy stands for Post Graduate Diploma in Strategic Management. A PGDM in Strategy is also known as PGDM in Strategic Management.
Q. What is the duration of PGDM in Strategy?
Ans. A PGDM in Strategy is a two-year diploma program.
Q. What are the objectives of PGDM in the Strategy course?
Ans. The objectives of a PGDM in Strategy program are to cater to the needs of the industry and inculcate in the management the required academic, industrial, and relevant soft and hard skills required in the business management arena.
PGDM in Strategy/ Strategic Management Highlights
PGDM in Strategy Courses | Postgraduate Diploma in Strategic Management |
Duration of PGDM in Strategy | PG Diploma:1-2 years |
Eligibility of PGDM in Strategy | Graduation from a recognized University or equivalent. |
Average Fees PGDM in Strategy | INR 5,000-60,000 |
Online Courses available for PGDM in Strategy | edX, Coursera, Udemy, IIM-Bangalore |
Job Prospects for PGDM in Strategy | Business Strategist, Strategy Director, Strategy Designer etc. |
Average Salary of PGDM in Strategy | INR 9,00,000 to 12,00,000 |
PGDM in Strategy Admission Process
The admission Process for PGDM in Strategy is mainly takes place through written entrance exams. Here are some important points in regards to the admission process:
- Aspiring candidates who want to apply for PGDM in Strategy are required to appear for entrance exams such as CAT, MAT, CMAT, XAT, etc.
- They are at the same time required to fill the application forms of the colleges wish to join.
- Colleges shall release their cut-off and list of shortlisted candidates.
- Selected candidates will then appear for Group discussion/ Personal Interviews.
- Shortlisted Candidates will be selected based on their overall performance in the tests, Group discussions, and Interviews.
What are the eligibility criteria for PGDM in Strategy?
The Eligibility Criteria for PGDM in Strategy have stated below:
- 50% marks (Equivalent CGPA) or above in class 10th and 12th.
- Bachelor’s degree with 50% marks (Equivalent CGPA) or above from any recognized university.
- Some institutes may require an additional condition of work experience to be met for admissions.
Which entrance exams can be given for pursuing PGDM in Strategy?
Some of the top entrance exams given by candidates to secure admission in PGDM in Strategy are
- CAT: The common admission test is conducted by the IIMs as a mandatory requirement for admitting students.
- is a mandatory exam to be taken by candidates interested in taking admission to MBA and allied programs.
- CMAT: It is a national Level Entrance exam for admissions in management programs for best Business Schools.
- XAT: XAT is utilized by more than 160 Business Schools in India for admissions.
PGDM in Strategy Syllabus
Provided below is a list of the core subjects in PGDM in Strategy is provided below while the second year is dedicated to the electives:
Semester I | Semester II |
---|---|
Strategy and Economics | Strategic Leadership and Governance |
Business Management and Strategy | Strategic Implementation & Evaluation |
Strategy Formulation: Part II | Disruptive Strategies |
Strategy Formulation: Part I | Sustainable Business Strategy |
Project |
PGDM in Strategy Top Colleges
Some of the top colleges that offer PGDM in Strategy/ Strategic Management are provided below:
Name of the College | Admission Process |
---|---|
Swayam NPTEL, Chennai | Based on merit |
NIIT Imperia Center of advanced Learning, Nagpur | Based on merit |
IIM, Tiruchirapalli | Based on merit |
IIFT, New Delhi | Based on merit |
PGDM in Strategy Related Courses
Apart from PGDM in Strategy, there are related post-graduate diploma and certificate programs which candidates of PGDM in Strategy can consider. Some of these programs are mentioned below:
Course Name | College | Duration |
---|---|---|
PG Certificate Program in Strategic Management | Indian Institute of Management, Tiruchirappalli | 1 Year |
Executive Post Graduate Diploma In International Business Strategy | NIIT Imperia Center of Advanced Learning, Nagpur | 1 Year |
Executive Post Graduate Diploma In International Business Strategy | NIIT Imperia Center of Advanced Learning, Nagpur | 1 Year |
PG Program in Strategic Digital Marketing | Greatlakes | 6 months |
Executive Post Graduate Diploma In International Business Strategy | NIIT Imperia Center of Advanced Learning, Nagpur | 1 Year |
PGDM in Strategy Distance Learning
Distance learning for PGDM in Strategy is one of the top search aspects by the candidates. The aspirants of PGDM in Strategy are commonly working professionals in the industry. These professionals after gaining some working experience often look for upgrading their education qualifications for even better job prospects or promotions as well. Hence a PGDM in Strategy distance learning option is made available for these aspiring candidates.
Among the best PGDM in Strategy: a distance learning course is available at Symbiosis Centre for Distance Learning. This institute provides an efficient distance learning program for the students in PGDM in Strategy.
Some of the details regarding the Symbiosis distance learning course in PGDM in Strategy are provided below:
Symbiosis Centre for Distance Learning: Eligibility
Duration:
- The duration of the program is one year.
- The registration period is valid for two academic years.
Eligibility:
- Bachelor’s degree holder / Graduate in any discipline from a recognized University.
- International / SAARC Graduate from a recognized/accredited University / Institution.
- Students who have appeared for the final year of the examination of their bachelor’s degree program and are awaiting results can also apply, subject to successfully completing their bachelor’s degree program/graduation within the time period specified by SCDL.
PGDM in Strategy Future Scope
The future scope for PGDM in Strategy is immense. Small and big firms keep blooming in present times. With entrepreneurship on a rise, the trend shall grow only. If we consider India itself, industries, and entrepreneurship are being promoted even by the government, and people are becoming more business sensitive. Hence, a Pgdm in Strategic Management shall open multiple doors for you to be fortunate in the ongoing gold rush. There are also shall multitude of opportunities in business management and especially in Pgdm in Strategic Management. Candidates who pursue Pgdm in Strategic Management can in the future apply for job roles as Strategy Director, Senior Strategist, Business Strategist, Strategy Analyst, etc.
PGDM in Strategy Job Profiles
Graduates of PGDM in Strategy specialization has a variety of career prospects such as administrator, organizational manager, marketing manager, business consultant,
Job Profile | Roles and Responsibilities |
Management Analyst | They are responsible for stating the improvement and scope of growth of companies on costs, personnel, finances, etc. |
Financial Advisor | They are expected to provide investment, retirement, tax, and insurance-related guidance to the clients, including financial objectives or investment strategies. |
Financial Managers | They are responsible for the supervision of all financial transactions of the organization. They are also required to look after the company’s financial condition and prepare or review financial reports. They are also expected to analyze the trends and advise the management on finances. |
IT Manager | They are responsible for a company’s computer systems, meeting a company’s requirements, upgrading technology and keeping the system safe, and also managing the IT dept. |
PGDM in Strategy Top Recruiters
International businesses is one of the top recruiters for candidates pursuing PGDM in Strategy. These giant firms are always in search of professionals who can contribute best to firms and make their growth stand out. Some of the top recruiters for PGDM in Strategy are provided below.
- McKinsey & Company
- L’Oreal
- The Boston Consulting Group
- Sia Partners
- Alibaba group
- Unilever Accenture
- Coca cola company
- Amazon
- Deloitte
PGDM in Strategy: Higher Education
- Ph.D. program in strategic management– This program allows students to make their academic as well as experiential contribution in the field of strategic management. This is a great future option for the candidates of PGDM in Strategic Management.
- Ph.D. in Strategy– This program is also offered by Harvard Business School. The main aim of this program is to study how businesses around the world develop and sustain competitive advantage. This program has a multi-disciplinary approach. Students are taught business economics as well to develop a wholesome view of Strategy. This also can consider future career prospects for students pursuing PGDM in Strategy.
Frequently Asked Questions on PGDM in Strategy
Q. Is it worth doing a PGDM in Strategic Management?
Ans. Yes, a PGDM in Strategic Management definitely worth it. Candidates with a postgraduate diploma in Strategic Management can choose to work abroad and earn higher pay packages.
Q. What is the scope after completing PGDM in Strategy?
Ans. After completion of a completing PGDM in Strategy course, one may apply for positions as a Research Investigator, Product Strategist, Project Analyst, Consumer Insight Analyst, Marketing Consultant, Business Development Coordinator, Strategic Initiatives Associate, etc.
Q. What is the duration of the PGDM in Strategic Management?
Ans. The duration of the PGDM in Strategic Management is two years.
Q. What is a PGDM in Strategy?
Ans. A PGDM in Strategy stands for Post Graduate Diploma in Strategic Management. PGDM in Strategy is a two-year postgraduate diploma program. This course is aimed at teaching the learners the necessary conceptual, and analytical skills required for handling Strategic Management in the industry.
Q. What would be PGDM in Strategic Management salary on average?
Ans. After the completion of PGDM in Strategic Management, one can expect a salary in India is 4.2 Lakhs per year (₹35.0k per month).
Q. What is the main objective of PGDM in Strategic Management?
Ans. The main objective of PGDM in Strategic Management is to make industry professionals even more efficient in effectively developing and implementing corporate strategies.
Q. What are the career opportunities after PGDM in Strategic Management?
Ans. The career prospect after pursuing a PGDM in Strategic Management is immense. It exposes a candidate to great opportunities. One may hold the positions as a Financial Advisor, Management Analyst, IT manager, Financial Manager, etc in their desired firms.