Post Graduate Diploma in Management (Business Entrepreneurship) Top Colleges, Syllabus, Scope and Salary

Post Graduate Diploma Management (PGDM) in Business Entrepreneurship is 2 years, full-time Diploma programme. This programme has been designed for Entrepreneurs and Entrepreneurial managers. Entrepreneurship is all about Launching, Designing and Running a new business which offers Process or Service, Product for sale or hires.

Note: Students who wish to pursue their education in Management field or get a career boost, can check MBA course.

The course is offered in core areas which deal with the real business issues through case studies and projects that cover different company sizes, stages, and international contexts.

For Indian National candidates, the basic eligibility criterion to get admission in the course is three years University Degree in any discipline or four years engineering/ Technology/ Medicine recognized by UGC/ AIU/ AICTE with 50% overall aggregate marks and 45% marks in case of reserved category. PIO/ NRI/ Foreign candidates are also eligible for admission.

Eligibility criteria for PIO/ NRI/ Foreign candidate is completed Bachelor’s degree with minimum 50% marks or equivalent qualification in any discipline recognized by Association of Indian Universities (AIU).       

Top Institutes offering this course are:

The tuition fees charged for this course in India ranges between INR 1 to 10 Lacs.

Those students who have successfully completed their course can get an annual average salary in between INR 3.85 Lacs.

Post Graduate Diploma in Management (Business Entrepreneurship) – Course Highlights

The following table shows the some of the major highlights of the course.

Course Level Post Graduate Diploma
Duration 2 years
Examination Type Semester system/ Year wise
Eligibility for Indian candidates Completed three years University degree in any discipline or four years Engineering/ Technology/ Medicine/ other recognized by UGC/ AIU/ AICTE with 50% overall aggregate marks.
Eligibility for PIO/ NRI/ Foreign candidates Completed Bachelors degree with minimum 50% marks or equivalent qualification in any discipline recognized by AIU.
Admission Process Merit Based/ Entrance Test
Course Fees INR 1 to 6 Lacs
Average Starting Salary INR 3.85 Lacs
Top Recruiting Companies Ava Merchandising, Avery Dennison, Bajaj Capital, Digital Upstarts, Flourish Purefoods P Ltd, Gandhi Fellowship initiative (Piramal Foundation of Education Leadership and Kaivalya Education Foundation), Gateway Group, GIAN (National Innovation Foundation), HDFC Bank, Jagdish Hirani & Associates, kWatt Solutions P Ltd, Matrix Cellular, Naukri.com, Oakrook Education Research Ltd, Purple Squirrel (IIT Bombay incubators), Ramana Group, Shyamal & Bhumika, Skylabs Solutions Ltd, SMC insurance, UASC, XL Dynamics, Yodlee Infotech P Ltd, UNHCR Project (Access Development Services), Saath NGO
Job Positions System Analyst, Assistant Manager, Chief Human Resources Officer, Finance Controller, Delivery Manager, Business Analyst

Post Graduate Diploma in Management (Business Entrepreneurship) – What is it About?

Entrepreneurship is a capacity and willingness to manage, organize, and develop a business venture along with any of its risks in order to make a profit. The opportunities any entrepreneurial have may include:

  • Developing a Business Plan
  • Hiring the Human Resources
  • Acquiring Financial and Material Resources
  • Providing Leadership
  • Responsible for both the venture’s Success and Failure
  • Risk Aversion

This programme is designed to provide in-depth understanding about enterprise creation, enterprise growth and management, encouraged participants thinking, ambitions and applied learning experiences. The main objective of the programme is:

  • To develop skills in successfully expanding and diversifying business enterprise in new and upcoming areas.
  • To create entrepreneurial business managers
  • To develop family business successors as knowledgeable owners of their business

The course offers two specializations i.e. Family Business Management and New Enterprise Creation and Various Functional Specializations such as Marketing, Finance, Human Resource Management, International Business, Information System and Language and Communication.

Post Graduate Diploma in Management (Business Entrepreneurship): Top Institute

The following table shows the list of top institutes that offer this course:

Name of the Institute City/ State Average Fees
Entrepreneurship Development Institute of India (EDI) Gandhinagar, Gujarat 5, 25, 000
Madurai Kamaraj University Madurai, Tamil Nadu -
Nirmala Niketan College of Home Science Mumbai, Maharashtra 2, 25, 000
Symbiosis International University Pune, Maharashtra 3, 00, 000
Times Business School Ahmedabad, Gujarat -
Abhyudaya Degree College Bangalore, Karnataka -
Amity Business School Noida, Uttar Pradesh 5, 18, 000
Bharathiar University Coimbatore, Tamil Nadu -
DBU Global Gurgaon, Haryana 96, 000
DY Patil University Mumbai, Maharashtra 3, 00, 000
GD Goenka University Gurgaon, Haryana 1, 97, 500
Institute of Management and Technical Studies Noida, Uttar Pradesh -
Oscar Business School Vellore, Tamil Nadu -
Sangam University Bhilwara, Rajasthan 45000
Sri Sri University Cuttack, Orrisa 1, 65, 000

Post Graduate Diploma in Management (Business Entrepreneurship) – Eligibility  

The eligibility criteria of both the Indian Nationals and PIO/ NRI/ Foreign candidates are different. Below are the minimum eligibility criteria that candidates are required to fulfil in pursuing the course:

Eligibility for Indian Nationals

  • Must have completed three years University degree in any discipline or four year Engineering/ Technology/ Medicine recognized by the UGC/ AIU/ AICTE are eligible for the course.
  • Applicants must score 50% overall aggregate marks and 45% marks in case of reserved category candidate
  • Those interested in the programme but still appearing for the final year examinations of their Bachelor’s degree are also eligible to apply.
  • Those who have passed or appeared for graduation examination from a concerned university are also eligible to apply.

Eligibility for PIO/ NRI/ Foreign candidate

  • Must have completed Bachelor’s degree with minimum 50% marks or equivalent qualification in any discipline recognized by the Association of Indian Universities (AIU)
  • Those who are appearing for final examination towards a Bachelor’s degree are also eligible to apply.

Post Graduate Diploma in Management (Business Entrepreneurship) – Admission Process

Admission process for Indian Nationals and PIO/ NRI/ Foreign candidate are different. For Indian Nationals students, admission is based on their performance in entrance test followed by Group Discussion and Personal Interview.

Following are the top entrance exams conducted in the country for admission in the course:

  • CAT (Common Admission Test)
  • MAT (Management Aptitude Test)
  • XAT (Xavier Aptitude Test)
  • CMAT (Common Management Admission Test)
  • ATMA (AIMS Test for Management Admissions

For PIO/ NRI/ Foreign candidates, admission will be based only on GMAT scores. Shortlisted candidates will be invited for Personal Interview process via teleconference.

Post Graduate Diploma in Management (Business Entrepreneurship) – Syllabus and Course Description

The course offers six trimesters over two year period. It offers core courses, electives, seminar courses and projects apart from summer internship commenced at the end of the first year.

The following table shows the semester wise syllabus:

Trimester I Trimester II Trimester III
Entrepreneurship Theory & Practice Entrepreneurial Lab Creativity, Innovation and Entrepreneurship
Managerial Accounting & Control Financial Management - I Doing Business with Government and Public Sector
Business Economics Human Resource Management Financial Management – II
Management Concepts and Organization Behaviour Managerial Accounting & Control – II Enterprise Information System
Marketing: A Prime for Entrepreneurs Quantitative Techniques Operations Management
Written Analysis and Communication Entrepreneurial Marketing Legal Aspects of Business
Exploring Business Opportunities Indian Economy – Government Policy and SMEs Understanding Family Business
Research Methodology Communication Skills for Entrepreneurial Leadership Operations Research
- Industry Verticals Industry Verticals
Trimester IV Trimester V Trimester VI
Strategic Management Project/ Growth Feasibility Project/ Growth Feasibility
Business Taxations Stream Electives Pitching and Venture Funding
Entrepreneurial Effectiveness Functional Electives Functional Electives
Stream Electives - -

Post Graduate Diploma in Management (Business Entrepreneurship) – Career Prospects

Applicant’s can get jobs in various reputed companies or they can also able to open their new venture or can join their family businesses. Applicants can also make their career in the field of Research on entrepreneurship development.

The following table shows the different job positions and their descriptions along with the corresponding salaries:

PGDM in Business Entrepreneurship Annual Salary
Job Position Job Description Average Annual Pay Scale in INR
Business Analyst Business Analyst helps to analyze and improve functioning and activities of organizations to increase the output 5, 84, 753
Assistant Manager Assistant Manager helps company running smoothly by overseeing employees and provides customer service. 5, 81, 461
Finance Controller They helps in producing the financial reports, maintain accounting records, control and design budgets to mitigate risk etc. 6, 95, 381
System Analyst System Analysts design and develop new systems by choosing and configuring hardware and software 6, 02, 094

Post Graduate Diploma in Management [PGDM] (Business Entrepreneurship) : 5 answered questions

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Ques. I have done part time MBA from IIM Lucknow (WMP), Is it okay to apply for PGPX courses at IIM A/B/C?

● Top Answer By Sonal Agarahari on 09 Jan 23

Ans. No, I wouldn’t recommend you apply for a PGPX course at IIM A B or C if you have completed a part-time MBA from IIM Lucknow. The reason is the huge overlap of electives in almost all the programs offered at IIMs. Leaving a few courses most of which are repeated in all the programs be it part-time or full-time. Towards the end of the course, you might end up spending a hefty fee and lots of time and yet not learning anything new. If anything you might just get placed at a better firm. But that too will be useless if you are unable to harness the acquired knowledge and skills in the open market. The question is if your job will be worth your year lost, your lost opportunities, and 25-30 lakhs of loan. Still, if you want to pursue the course go for a top MBA course abroad. That might make a difference in your resume and job prospects.Read more
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Ques. Should I go for a PGPM in MDI Gurgaon or for IIM L ABM?

● Top Answer By Rishika Shindde on 22 Feb 23

Ans. Go for the IIM Lucknow ABM program only if you are sincerely inclined towards agri. If not then choosing ABM will limit your career prospects considerably and you might even regret it later. MDI Gurgaon PGDM is one of the oldest programs that have great value. MDI Gurgaon can easily be called the country’s best B School. The admissions are solely based on merit so the quality of your peers is top-notch. Some major highlights of the institute and its PGDM program are Experienced permanent faculty Student-driven clubs Student-driven Mutual Fund  Elaborate alumni network  Lush green campus Excellent peer learning So you will not regret choosing MDI even over IIM Lucknow.Read more
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Ques. What is the placement scenario for MBA in Entrepreneurship and family business from NMIMS, mumbai?

● Top Answer By Garima Rai on 01 Mar 23

Ans. The placement scenario for MBA in Entrepreneurship and family business from NMIMS, Mumbai is decent but not at par with a regular MBA. However, this is understandable enough as the course is less in demand than the regular MBA. However, the packages offered are quite low because the students joining the program are no geniuses with great academic backgrounds and interview performances. The low demand is the main reason for low packages. Mainly the students who choose this program over a regular MBA, don’t want to settle just for a job. Their primary goal is to get a better understanding of running a business. So the role offered pays less but is challenging enough. Anyone who is considering this profile should pay the least attention to packages and placement as the main agenda is to prepare for entrepreneurship. So your goal should be to get a challenging profile at a good company even if the package is low. Another major benefit of doing this course is getting yourself associated with an elaborate alumni network which will prove to be useful in the future.Read more
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Ques. Which is a better career choice for MBA: BIMTECH (Insurance buisness management) or SIBM Pune (Enterpreneurship and innovation)?

● Top Answer By Aditi Banerjee on 17 Apr 23

Ans. BIMTECH's Insurance Business Management programme or SIBM Pune's Entrepreneurship and Innovation programme, the choice depends on your professional goals. BIMTECH's Insurance Business Management programme gives students a solid insurance and risk management foundation. The programme prepares students for careers in the significant and rising insurance business, which includes underwriting, claims administration, risk analysis, and sales and marketing. SIBM Pune's Entrepreneurship and Innovation programme is for students interested in launching their own businesses or working in entrepreneurial contexts. The programme teaches how to find new business possibilities, write business strategies, and run a profitable business. Both programmes have great job opportunities, but they impart different skills and knowledge. BIMTECH's Insurance Business Management programme is ideal for insurance professionals. If you want to establish a business or work in an entrepreneurial setting, then SIBM Pune's Entrepreneurship & Innovation programme is better. Consider your strengths, interests, and career goals before making a decision though.Read more
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Ques. What are the reviews of ISME, Mumbai and its BME degree? Is it worth going for?

● Top Answer By Sumit Singh Gandhi on 13 Apr 21

Ans. ISME is located in Lower Parel, Mumbai. Its postgraduate program in Management Business and Entrepreneurship is quite popular. BME at ISME has a course span of 11 months. It gives an amazing blend of knowledge and a skill-based curriculum. The course mainly focuses on Management, Finance, strategy, and Entrepreneurship.  Highlights: ISME helps you to expand your network to more than 500 corporate companies. You will have great exposure to collaborative projects and industrial works. Internships and placement records on campus are worth mentioning.  ISME is very resourceful. Here you will get exposed to 3 niche startup accelerators along with partners who are industry giants like Google, Microsoft, etc. You will also be exposed to a bunch of investors who are helpful in launching a successful business.  BME majorly focuses on business analysis and Entrepreneurship. Faculties are well trained, highly qualified, and experienced.  Students are taught to challenge the status quo and are trained to come up with innovative ideas.  Institute gives you that extra push to reach your maximum potential.  ISME works on the motto of producing leaders with entrepreneurial mindsets.  College provides you with corporate connections of global level, the infrastructure and facilities on campus are top-notch. Moreover, the campus is located at an amazing location which is a great advantage to students. 'ISME Edge' is specifically designed to give its students a world-class learning experience.  To conclude, ISME is totally worth joining and BME is an amazing course offered by ISME.Read more
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Post Graduate Diploma in Management [PGDM] (Business Entrepreneurship) Colleges IN INDIA

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