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Average PGDM Salary package for PGDM graduates in India

Published on February 16, 2023 | Leave a response



Average PGDM Salary package for PGDM graduates in India

The PGDM is a fulfilling program that equips students with both soft and hard abilities that are useful in both the workplace and private life. With the right commitment and completion of a PGDM degree, students can quickly land a career that offers a good wage, a suitable lifestyle, and a wealth of abilities. This blog aims to inform students about all the employment prospects available to them as freshmen once they complete their PGDM program (PGDM Specialization).

After earning a PGDM, there is a good probability that one will work for one of India's top corporations today, landing them employment that is likely among the highest paying in the country. Sales, marketing, and financial professions are always in demand for PGDM graduates. The following are some of the high-demand positions that recent PGDM graduates can obtain:

  • Marketing Manager: Jobs for marketing managers are simple to come by for PGDM graduates, and their annual pay can reach up to INR 10 lakhs. They create and implement plans for firms' proper marketing campaigns. Their main objective is to draw in new clients while keeping the old ones. They possess the capacity to develop into future industry leaders. More than MBA graduates, the PGDM program helps students succeed in the real world as managers by giving them a wealth of practical expertise.
  • Sales Manager: The primary objectives of the sales manager are to meet the company's sales goals and to develop tactics that would aid in boosting sales. Setting goals, hiring candidates, and monitoring performance are among the sales manager's primary responsibilities. Sales managers can earn as high as INR 10 lakhs per year.
  • Digital marketing managers: They are in charge of creating, promoting, and identifying fresh methods for promoting companies or goods using social media, adverts, and any other available digital forums. In the beginning, digital producers might earn up to INR 4.5 lakhs annually.
  • Management Consultants: These professionals sell consulting services to various businesses in an effort to boost their sales. They collect data, arrange it, and provide reports appropriately, which is useful for enterprises. The annual starting PGDM Salary may reach INR 9.5 lakhs.
  • Operations Manager: They oversee operations, including hiring staff, controlling their performance under supervision, handling quality checks for the relevant programs, and ensuring that everyone is doing their work. The starting PGDM Salary one can get as an operations manager is INR 7 lakhs per year.
  • Entrepreneur - The PGDM equips students with the necessary information to start their own companies and businesses, and students are aware of the advantages and disadvantages of becoming an entrepreneur. The students can approach their idea and take precise measures only with the right access to information and understanding about entrepreneurship, which is not achievable without a degree. Through workshops, seminars, and webinars, PGDM also offers the opportunity to network with other successful business owners, which can aid hopefuls in developing their own strategies.
  • Project Manager: A project manager's duties include making project plans that reflect the objectives of the business, overseeing the work that must be completed through the project, forming and leading teams appropriately, and keeping the client informed of the project's progress. They play a crucial role in every organization. The annual beginning PGDM Salary may increase to INR 13 lakhs.
  • Business teachers: They can work in both high schools and universities, and their major goal is to introduce students to the fundamentals of business and management techniques. They instruct in crucial management and business subjects like accounting, finance, labor, and business management. Along with earning big salaries, business teachers contribute to the upbringing of a brand-new generation of business and management enthusiasts who may one day lead the corporate world.
  • Accounts Manager: By logging and handling complaints, addressing issues, and forging strong bonds with clients and customers, they determine whether the department is satisfying the needs of those it serves. The typical first-year PGDM Salary can reach 6 lakhs per year.
  • Health administrators: The day-to-day activities of a hospital or healthcare organization are overseen and managed by a healthcare and hospital manager, also known as a health administrator. They oversee all general work and control the department's finances and infrastructure, as well as its infrastructure and workforce. Around INR 4 lakhs can be earned as a beginning wage annually.

After earning a PGDM, individuals have a variety of alternative job opportunities at their disposal, including retail manager, operations manager, supply chain manager, retail manager, accountant, insurance broker, HR consultant, business analyst, logistics manager, and many more. With a PGDM degree, students can get employment in reputable firms like Tata Consultancy Services, Wipro, Nestle, Mahindra, Philips, Amazon, Bajaj, Flipkart, Sony, Microsoft, Deloitte, and pretty much every other well-known corporation with a sizable industry in India.

India is ready to change the job market thanks to its inventive ecosystems, strong digital infrastructure, industry 4.0 technology, and economic structural reforms. Students who obtain a management diploma are more likely to land positions in India's most promising industries. In summary, PGDM courses will increase your in-depth understanding of the specific area and help you shape a successful future. Profound credentials, such a PGDM, will showcase a candidate's status as a business candidate. What are you still holding out for? Get your PGDM from the top PGDM school to establish your suitability for the greatest position!

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© 2020. Indira Institute of Management Pune(IIMP).