Diploma in Management: Course Details, Eligibility, Admissions, Syllabus, Jobs And Salary 2023

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Ahana Bhaduri

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Diploma in Management is a full-time course that focuses on management fundamentals. Diploma in Management focuses primarily on key management topics such as HR management, marketing management, finance management, accounting, communication skills, organisational behaviour, entrepreneurship and other elective subjects.

The course is covered in four semesters, and varies from a minimum of 1 year to a maximum of 2 years. 

Admissions to Diploma in Management are carried out by merit of bachelors examination. Students need not undertake any university entrance examinations, but some colleges may hold their own exams that are followed by group discussions and personal interviews.

Check: Diploma in Management Course Colleges

The average fee for a course ranges from INR 7,500 to 40,000. 

Graduates who have successfully completed their Management Diploma programme have greater opportunities to study in the areas of Business, Entrepreneurship, Marketing, and Operations. 

Candidates are also eligible in the stream to take up a master's degree. The average remuneration of candidates who have completed this course ranges from 3 lakhs per year to 7 lakhs per year, subject to experience and qualifications.

Diploma in Management Course Highlights

Course Level Diploma
Duration 1 - 2 years
Examination Type Semester System
Eligibility Graduation in any stream from a recognized university or college
Admission Process Merit-based / Entrance based
Course Fee INR 7,500 to 40,000
Average Starting Salary INR 3 to 7 lakhs
Job Positions Business Analyst, Marketing Manager, Business Consultant, Production Manager, Human Resource Manager, Management Accountant, Research and Development Manager, Business Management Executive, Finance Manager, Information Systems Manager

Why should you get a Diploma in Management?

Diploma in Management typically provides training in human resources, finance or marketing for those who want extensive training in management areas of business.

Students who seek management training will become leaders in a variety of industries through studies that may include project management, encouragement, training and growth, budgeting, financial planning, or marketing and promotions.

Diploma in Management Admission Process

  • The candidates need to apply for colleges and choose a diploma in management as the course.
  • Normally there is no entrance exam but some institutions conduct an internal examination for selection.
  • Then the candidates need to appear for Group Discussion (GD) and Personal Interviews (PI) based on which the qualifying candidates are selected.

Diploma in Management Eligibility

  • Candidates applying for Diploma in Management must possess a graduation degree in any discipline with an aggregate of 50% marks and above.
  • Candidates belonging to the SC/ST group are required to possess an aggregate of 45%. 
  • Candidates with work experience as professionals for up to 3 years are given more preference.

Diploma in Management Entrance Exams

Examination Conducting Body Mode of Exam
MCMAT Mount Carmel College, Bangalore Online and Pen and Paper based
iMET Indian School of Business and Finance Online and Pen and Paper based
OPENMAT Indira Gandhi National Open University (IGNOU) Pen and Paper based
MUCMET Mumbai University Online and Pen and Paper based

Diploma in Management Syllabus

Semester I Semester II
Organizational Behaviour Marketing Management
Financial Management Managerial Economics
Cost Accountancy Business Laws
Principles of Management Ethics of Business
Introduction to Computers Quantitative techniques and methods in Management
Semester III Semester IV
Production Techniques & Production Management Laws of Taxation
Management Accountancy Industrial Relation & Human Resource Management
Management Information System Taxation
Material Management Research Methodology
Production Management Financial Management

Diploma in Management Top Colleges

Diploma in Management Advantages

  • Students joining the corporate world have expertise in time management and performance, beyond the leadership skills acquired in a management diploma programme. 
  • Their exposure to financial techniques creates an eye for detail and control of capital, exploiting opportunities for benefit. People with leadership skills have characteristics sought by many employers.
  • Through the community discussion, internships, exposure to real business, the process of obtaining a diploma in management degree introduces the candidates to a practical business setting. 
  • It helps to learn to organise, function as a team and coordinate individuals so that everyone can work together to accomplish the goal.

MBA v/s Diploma in Management

Students tend to get confused between MBA and Diploma in Management courses. Hence a comparison is given between MBA and Diploma in Management courses.

MBA Diploma in Management
A Diploma degree is offered to students at the completion of management diploma courses. Whereas at the conclusion of MBA programmes the students are offered with a postgraduate degree.
The curriculum for MBA courses is planned by the university. In two MBA colleges within the same university, the core syllabus would be similar. Diploma courses, however, are decided by each institute. This gives the curriculum of the course some versatility. The Syllabus undergoes an annual modification in compliance with industrial requirements.
There are similar core subjects in both MBA and PGDM courses, but most MBA courses concentrate more on the theoretical and technical aspects of management than on a practical approach. Diploma in management courses have a manufacturing emphasis and concentrate on business requirements-based skills.
Cost of MBA courses is somewhat less than the Diploma in Management. This is due to the fact that most MBA colleges are funded by the government. Cost of a Diploma in Management course is slightly higher than MBA as this course is mostly offered by private institutions. In most cases the cost for both of these courses is more or less the same.

Candidates are trained to achieve a better understanding of the leadership qualities used in business studies. Students benefit from the creation of the skills learned during this course to find lucrative job opportunities in sectors ranging from marketing, operations and entrepreneurship. Those who have completed their Diploma in Management programme successfully may start their career as:

  • Production Manager
  • Business Analyst
  • Human Resource Manager
  • Marketing Executive
  • Management Accountant
  • Research and Development (R&D) officer
Job Profile Average Salary
Business Analyst INR 7-8 Lakhs
Marketing Manager INR 6-7 Lakhs
Business Consultant INR 8-9 Lakhs
Production Manager INR 7-8 Lakhs
Human Resource Manager INR 6-7 Lakhs
Management Accountant INR 4-5 Lakhs
Research and Development Manager INR 8-9 Lakhs
Business Management Executive INR 2-3 Lakhs
Finance Manager INR 8-9 Lakhs
Information Systems Manager INR F7-8 Lakhs

Diploma in Management Future Scope

  • Qualified management personnel are needed by both state and private organisations. Managers ensure that every company, organisation or industry operates smoothly. 
  • Managers take charge of the administration of human resources, day-to-day operations, finance and accounting activities taking place in corporations and organizations.
  • Diploma in Management has become a common course to study in recent years. As more and more companies are emerging, it is obvious that positions in business administration are present abundantly in the industry. 
  • Because of this, experts in business management are paid well and there is plenty of scope in the present and future scenarios.

Diploma in Management FAQs

Ques. Can you get into a good company after Diploma in Management?

Ans. Yes, you can. Diploma in Management course is identical to that of an MBA course. Infact, most B-Schools such as IIMs and XLRI award a post graduate diploma in management which is globally accepted.

Ques. Is it worth getting a Diploma in Management?

Ans. Most students undermine the value of a diploma but getting a diploma in management is in no way less than an MBA. Infact, it is much better in certain aspects such as duration of the course and exposure. Hence, you are making a right choice by getting into a diploma in management programme

Ques. What can I do with a Diploma in Management?

Ans. You will find a job in a number of fields with a diploma in management. You would most likely be eligible for management's core facets, such as accounting, marketing, management of human resources, logistics, and more. In the public or private sector and for any size of company, you will operate.

Ques. Can I do a PGDM course after a diploma in management?

Ans. Yes you can do a PGDM course after diploma in management. It will not only expand your horizon but will also make for a strong foundation as you have already finished a management course, making you the most sought after candidate.

Ques. Can I do an MBA after a diploma in management?

Ans. It depends upon the duration of the course as most MBA colleges require a graduate degree to be eligible. These graduate degrees vary from 3 to 4 years. Only after this duration can you pursue MBA.

Ques. What is the salary after a diploma in management?

Ans. With a diploma in management you can easily earn up to 5-8 lakhs per annum. It depends on the company, location of the job and the amount of hard work you are willing to put.

Ques. Do I need to pursue a degree course after a diploma in management?

Ans. It is not mandatory to take up a degree course after diploma in management. You can either look for a job or get enrolled in a degree course, it is up to you.

Ques. Which companies recruit Diploma in Management holders?

Ans. Almost every top company hires diploma students as they have the basic education of managerial skills and company management. Some of the companies are Deloitte, BCG and JP Morgan. Apart from these, top companies such as amazon and apple also hire candidates for diploma in management.

Ques. Is it mandatory to appear for an entrance exam to get an admission in diploma in management?

Ans. Normally there is no entrance exam required for candidates seeking admission in diploma in management but some institutions do conduct an internal examination for selection followed by GD and PI. Research properly before applying to any institution.

Ques. Can I pursue a diploma in management only after graduation?

Ans. Diploma in management can be received only after you have a graduate degree with 50% marks hence you need to complete your graduation before you can apply for a diploma in management.

Diploma in Management : 47 answered questions

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Ques. How good is the 1-year PG programme at NICMAR? Is it worth doing when compared to 2-year PG placements-wise?

● Top Answer By Arunima Nair on 08 Sept 21

Ans. According to the reviews online, NICMAR is famous for construction management in Hyderabad. It offers one-year programs and two-year full-time programs. The choice of the course depends on you considering the various factors like course curriculum, risk capacity in terms of return on investment, and fee. The following can be considered. One-year courses include PGP HSEM, PGP QSCM, and PGP MFOCB.  These are suitable for health and safety profiles or the billing and quality surveyor jobs. Two-year courses include PGP ACM, PGP PEM, PGP REUIM, PGP IFDM, and PGP CSCDM.  These courses offer different job profiles when compared with the one-year program. Overall, the institute offers decent placements with a 99.2% placement record in all the programs. Therefore, it is suggested that you choose according to your needs and career goal.Read more
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Ques. How is the PGDM dual country program in the IMT Ghaziabad?

● Top Answer By Ritu Jain on 31 Jul 21

Ans. You will be surprised to know that PGDM Dual Country (DCP) and regular PGDM courses are similar with the only difference being that PGDM DC would let you have your 1st year in Dubai. My sister recently completed her DC course, and here are some of the similarities and differences between both the courses you need to know before opting for this course: For both DCP and PGDM, the subjects are the same however the books differ by being global and Indian editions respectively. In DCP, you have to take the initiative for projects, competitions, and events individually. Whereas, in PGDM, you will get assisted by committees. The infrastructure of IMT Ghaziabad is brilliant and offers better and unique campus life, however, the fees are also a lot. You will see almost no difference in placements of either course as they are conducted in Ghaziabad in the 2nd year. There is also no difference in the selection process for the interviews. Finding a summer placement while belonging to DCP might be challenging. All in all, DCP is arguably a good course for business enthusiasts. However, every great thing comes with a cost. This course is a bit expensive. If you feel that placements are the ultimate goal for you, pursuing regular PGDM from IMT Ghaziabad would do. But if you see your scope in global business and budget is not a constraint for you, go for DCP without a second thought.Read more
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Ques. Which IMT programme should I opt for: IMT DCP or IMT Ghaziabad?

● Top Answer By Malabika Dasgupta on 02 Jul 22

Ans. IMT Ghaziabad is a better option. It is an old course and has better brand recognition. IMT Ghaziabad has a legacy of more than 30 years and a huge alumni base. The general management program has a good placement record. IMT Ghaziabad placements in 2022 concluded with an average CTC of INR 15.28 LPA. While the highest CTC received by the students was INR 62 LPA. Still if you are interested in the DCP Program, the video below will give you an overview of the sameRead more
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Ques. What was your IMI Delhi PGDM interview experience like?

● Top Answer By Aniket Mishra on 03 Mar 23

Ans. I have written about the interview experience of my sister who appeared for the same last year.  She reached the venue and had registration and a brief introduction about IMI by a Sir. After the introduction, the candidates were allotted a topic for WAT. She got the ‘current USP of the market: offers more for less'. She wrote well including points related to competition, and technology reach, and gave examples of Reliance Jio. Next, they had document verification and were given the serial number for the interview. She was ushered into a room with 2 panelists, a lady and a man in their 50s. The panelists seemed friendly and asked her what the other candidates told her about them. After a friendly exchange, they enquired about her work. She was also asked to justify her low marks in class 12 to which she confidently replied that she was busy preparing for IIT JEE. They asked her about the things she liked to do in her leisure time and her passions. When she told them that one of them was cycling, they asked her about the biggest Cycle race. They asked a few more questions related to cycling to which she had nearly no answers. The topic soon switched to pities and they asked her about Maharashtra and Delhi CM and the controversies related to the Delhi CM. This too could not be answered by her.  They further asked her about her home state and related questions. Her extempore topic was ‘What Narendra Modi can do to stop engineers going for MBA to support his Make in India.’ She spoke about how investments can be made from foreign investors and the process of initiating a startup should become easier to promote entrepreneurship. Lastly, she was asked about the other offers she had and if she was considering them or not and why so. She ended the interview by stating viable reasons as to why she was determined to join IMI Delhi only.Read more
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Ques. How is the accomodation at NITIE for PGDIM students?

● Top Answer By Riya Seth on 13 Aug 21

Ans. One of my cousins was a part of NITIE Mumbai and has a better outlook regarding the same. Here is what he has to say, NITIE Mumbai is equipped with a 16 storied hostel apartment for boys, commonly called the Taylor Hostel, and almost 8 to 10 equipped for the girls, mostly known as the Gilbreth Hostel.  The girls’ hostel is quite old and outmoded. The rooms of the Gilbreth Hostel, however, are quite a bit more spacious than what is in the boys’ hostel. The hostel arrives with 27 rooms on every floor, with a twin sharing policy added.  It comes with two beds, two tables and chairs, and two individual cupboards. The rooms are gigantic and completely airy.  The view side of the institute’s hostel is beyond explanation as well. It overlooks the Vihar Lake on one side, while the Hiranandani Gardens on another.  The food you can avail in two messes is commonly known as Sarabhai and Taylor hall. Mostly, the food quality remains constantly the same either way.  The hostels also have table tennis courts, and mounted television sets as well. These are what you should know before finally deciding anything. Read more
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Ques. How is IMT Ghaziabad's dual country program?

● Top Answer By Deepak Behl on 25 Jan 23

Ans. IMT Ghaziabad’s dual country program is one of the most coveted courses among its students. Like any other course, it has its own pros and cons. Let’s discuss them further to see the course's worth. Pros The high fees are worth the ROI you will get The faculty pool comprises professors from all over the world and this broadened the perspective of some subjects. The pedagogy adopted by the excellent faculty makes you fall in love with some very difficult and boring subjects The program has seen an increase in clubs and committees in recent years. Your stay in Dubai is quite productive given you are availing of the necessary opportunities and making the best out of them. Cons The course is expensive as you have to pay hefty fees as well as additional expenses for your stay in Dubai. The internship placement is a bit unorganized due to the difference in hiring seasons in India and Dubai The campus life is a bit dull in comparison to other flagship courses. So IMT Ghaziabad’s Dual Country Program is beneficial to anyone who is looking for extra exposure to their MBA program.Read more
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Ques. What should be preference order of IMT Ghaziabad courses- PGDM, PGDM marketing, PGDM finance, PGDM DCP, PGDM banking, insurance and financial services?

● Top Answer By Dhruv Chatterjee on 25 Jan 23

Ans. IMT Ghaziabad offers a variety of courses that cater to various specializations. These courses have been listed and explained in their order of preference PGDM Marketing/PGDM Full Time (Marketing): This is the most coveted program among IMT students mainly because today its alumni have acquired top positions in big firms. Other major reasons include top-notch faculty, great internship and placement opportunities in terms of role and CTC, IMT’s eligibility, and excellent performances in recognized marketing and strategy B Schools competitions. PGDM Finance/PGDM Full Time (Finance): This one is most suitable for aspirants who are interested in Finance. However, this program offers lesser opportunities than the Marketing program in terms of role and CTC.  PGDM Full Time (Operations): This program offers opportunities similar to that of Finance. But the batch size of PGDM Operations is smaller than PGDM Finance, so it may be easier to secure an internship/final placement, but the opportunities come less compared to Finance. PGDM DCP: DCP or the Dual Country Program is for those who are keen to get international exposure. Compared to an MBA from a foreign university, this program is cheaper and yet offers an opportunity to explore a different culture and learn to make decisions in an international context. This is best suitable for those who are in the Marketing domain. PGDM Banking and Financial Services (PGDM-BFS): This program was launched in 2019 and is relatively newer. It targets the core Banking and Finance sector. While the MBA program aims to provide a holistic view of management, this program solely focuses on Banking and Finance. PGDM Full Time (HR): This is the least taken course and offers very less in terms of opportunities. The courses have been arranged preference-wise so will make it easy for you to choose one.Read more
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Ques. What is the placement process at SPJIMR, Mumbai for the PGDM program?

● Top Answer By Anshita Agarwal on 06 Mar 23

Ans. There are mainly two placements: Internships Placements (called the Autumn placements) and Final Placements.  Internship placements: These placements take place usually in the month of July and August during the second year. Students end their internship by October. The FMCG companies visit for Marketing and Operation placements together. Finance and Information Management internships are more like a rolling process. Final Placements: The final placements occur usually in the month of December. At this time, all the PPO results from internships are out and almost 50% of the batch has already been placed. SPJIMR does not encourage lateral placements and such cases are dealt with individually. The placement scenario for Information Management is pretty good offering amazing opportunities in both IT consulting as well as corporate IT.Read more
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Ques. How good is finance in IMT Ghaziabad? What are the placement opportunities? How is it compared to PGDM general?

● Top Answer By Aditya Ghose on 25 Jan 23

Ans. IMT Ghaziabad is called the Mecca for Marketing. It’s well known for its specialization in Marketing, Sales, and Business Development based roles. I don't think it offers similar opportunities for finance as well. The placements are pretty good but getting internship offers is difficult for someone who is switching careers from IT to Finance.  So if you really want to pursue a career in Finance after your MBA from IMT Ghaziabad, you can try CFA, and FRM and have some past background in FinanceRead more
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Ques. I got a call from IMT Ghaziabad for DCP. Is it good and are there any chances of it getting upgraded? Should I go for GIM?

● Top Answer By Abhishek Rathi on 25 Jan 23

Ans. IMT Ghaziabad DCP program is one of the best and most coveted among its students. My brother is currently a first-year student of the same and has a lot to say about the course through his experience. He joined the program only after in-depth research. What attracted him the most was the location of the program, Dubai, which is the hub of globalization. Some major highlights of the course are The curriculum is similar to that of the IMT Ghaziabad PGDM program but the additional international exposure is the cherry on the top. The program is taught by an elite faculty base comprising globally recognized professors. The foreign professors mainly hailing from France, the US, Slovenia, UK offer a broader insight into the international management aspects  Right after the end of the First Term you are allotted Company Projects. You have to work in accordance with Dubai culture and will learn a lot about the field you are entering. You can do more than one such project also as that will broaden your network and knowledge. The marketing enthusiasts get to experience the splendid GITEX (Gulf Info Tech Exhibition). It’s an electronics trade show at the Dubai World Trade Centre that is held twice a year. It is a unique opportunity to gain Sales and Marketing experience. Recently the DCP students have made the name of the institution through international companies. Some major achievements include - 4 teams of DCP made it to the finals of the Global Management Challenge with 6 other UAE teams and one DCP team was 4th in the region; The DCP team under the mentorship of Dr. Zalzala won the Google Online Marketing Challenge (GOMC) in the Middle East and Africa. The internship and placement scenario is a bit confusing because in Dubai internships start in January whereas in India internships begin in August. The placements take place in India itself and DCP students are treated at par with the regular students. Despite this many companies offer better offers to DCP students mainly because of their widely gained exposure. My brother's experience was amazing and he recommends it to anyone who wants to explore outside the box.Read more
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