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Lal Bahadur Shastri Institute of Management,Delhi

LBSIM PGDM Admission –LalBahadurShastri Institute of Management (LBSIM) New Delhi invites application for admission for two-year Post Graduate Diploma in Management (PGDM) Programs recognized by AICTE for the academic session 2023-25 Batch.

What Does a PGDM Graduate Do?

PGDM provides scope for a lucrative career in management. However, the options are not limited to pursuing a career in organizations. PGDM graduates have various options at their disposal, some of which are as follows:

Further studies: After completing PGDM course, aspirants can pursue a doctorate program, which is available in different specialization disciplines such as Management Studies, Business Administration, Business Management, Human Resource Management, etc.
Teaching Profession: Graduates can pursue positions as teachers in educational and research institutions to share their knowledge and expertise with younger students.
Job role: PGDM course aspirants can pursue various career paths, such as Operations Manager, Project Manager, HR Manager, and Operations Consultant, depending on the type of specialization they pursue.

Reasons Why PGDM Can Fetch You a Rewarding Career?

PGDM is one of the most sought-after management programmes for a myriad of reasons. The course is comprehensive providing practical approaches to management, with industry-oriented standards. The course is not just confined to management or business administration graduates.

Anyone with an inclination to PGDM can take up the course, provided they fulfil the eligibility criteria and write the requisite entrance exams for the same. Below are some reasons why PGDM can fetch you a rewarding career:

High Pay: The job offers a good starting salary for freshers and a well of senior or experienced graduates, thus marking it as a good one in the economy.
Exposure: A management degree allows you to see the practical business environment through internships, professional interactions, corporate meetings, and industrial workshops. Having practical knowledge of the fundamental business before you put it into action is a huge advantage.
Opportunities: The management degree is one of the most important criteria that companies consider when hiring. In addition, a management degree would be a good choice for those seeking higher positions in their career.

Scope of LBSIM Delhi PGDM for Higher Education

Having a Post Graduate Diploma In Management opens up a wide range of career options. It is even possible to study further after completing the course. The most commonly followed path in this aspect is the Doctorate, which can be obtained in different specialization domains like Management Studies, Business Administration, Business Management, Human Resource Management, and others.

Depending on your choice of stream, there are many marketing, finance, or human resources options. When higher education and the bachelor’s degree are put together, it gives the students a high job scope. A few of the courses are:

DBA
PhD in Management
DMS
Doctoral Programme in Management.

LBSIM Delhi Collaborations

Australian Institute of Management, Western Australian
Department of Management, School of Business and Economics, Thompson Rivers University Kamloops, Canada.

LBSIM Clubs, Committees and Societies

Genesis- It is the marketing club of LBSIM Delhi. The club enhances the marketing skills of its members through case studies, workshops.
Finesse- The finance and economics club helps in enhancing the financial knowledge of its members. The club organises various workshops on financial modeling, financial statements analysis, guest lectures, group projects, etc.
Cerebrate- It is the strategic club of the college and helps inculcate management knowledge among students. The various activities organised by the club are sneak peaks: collect information from newspapers and circulate to the students through email, Glossjects: it prepares documents and circulate through email, Snapshot: it prepares documents highlighting important events. The club also organises group discussions, case studies, management games, etc.
Eureka- It is the operations and systems club of LalBahadurShastri Institute of Management. It organises regular club meetings to disseminate knowledge of strategy, operations management and systems.
Hrythm- The HR club of LBSIM Delhi organises various events, fests, workshops, etc.
Media and Communication- It is the responsibility of the club to keep informed the media personnel about the campus events.
Entrepreneurship Cell- It organises live projects, industry interactions, etc for enhancing entrepreneurial skills of the students.
Plithos- It is the debating society of the institute. The society organises various debates and competitions.
Abhivyakti- It is the dramatics club of the college and organises stage events and street plays.
Razmattaz- It is the dance club of the institute and organises various dance competitions.
Vogue- The fashion club of the college organises various fashion events.
Mantra- It is the music club of the college and enhanced the music skills of the students.

LBSIM Scholarships

The scholarships by the institute are provided to meritorious students and needy aspirants. To avail the LalBahadurShastri Institute of Management scholarship, candidates have to meet the eligibility criteria. After meeting the eligibility criteria, candidates are entitled to the scholarship amount. The various LBSIM Delhi scholarships are:-

Merit-cum-Means Scholarships- This scholarship is offered to the meritorious students of PGDM programmes.

Financial Assistance for Fellow Programme in Management (FPM)- This scholarship is provided as per the quarterly academic performance of the candidates. Under this scheme, Rs. 30,000 per month for the first two years, Rs. 35,000 per month for the third and fourth year and Rs. 50,000 per annum for research-related expenditure are awarded.

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PGDM vs MBA

The courses of MBA and PGDM are not likely the same but a few core subjects are similar to each other. It seems that AIU accreditation put together an institution PGDM program equivalent to MBA.

Listed below are the difference between MBA and PGDM course:

Parameters	PGDM	MBA
Full-Form	Postgraduate Diploma in Management	Masters of Business Administration
Qualification	Diploma Course	Degree Course
Duration	1 – 2 Years	2 years
Eligibility	Graduate from any stream from a recognized board	Graduate from any stream with a minimum of 50% of marks in any UG recognized university
Fees	INR 4 – 24 LPA	INR 2 – 20 LPA
Average Salary	INR 12 – 15 LPA Source(Payscale)	INR 7 – 10 LPA Source(Payscale)

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