Entrepreneur

In addition to being a practical industry sensitive course, the PGDM has offered more focused subjects. It also has a shorter course period and a lot cheaper than an MBA. As it was focused more on working professionals the course intends to add and enhance their skills. It can also get you a raise in your current job while some companies like Deloitte and Amazon can offer a significant hike in salary based on your profile, skill, and experience. It also enhances your arsenal of skills and can also help with building up the network with individuals within the same fields during the course. It is not only for the working professionals but also for the freshly graduated students and budding entrepreneurs who yearn to enter the business industry with a ready set of skills and experience. Students don't need to be from the management stream or course to do a PGDM but are only required to have passed with a minimum of 50% in their graduation degree. It helps them train in the course of 2 years and if the course is done from a prestigious institute like Lexicon Miles or IIM, there is the insurance of better placement and skills and a proper authentic certification rather than having a risk of fraudulent courses in some colleges. It opens up to a package of INR 3- 12 Lacs and a few of the positions offered are System Analyst, Chief Human Resources Officer, Finance Controller, Business Analyst, and Assistant Manager, so freshers also have a huge scope in the industry after this. It can also help the people who are going to succeed in their family business. It can help them build up and improve the systems of their business and their network. It can also enable them to understand outdated trends still followed by their traditional or family-run business. Lexicon MILE was established in 2009. The total number of students in the Lexicon Group of Institutions is more than 10,000. Lexicon Management Institute of Leadership and Excellence has state-of-the-art teaching aids and the Innovation & Incubation Centre to promote entrepreneurship and start-up culture.

The world is growing with the global market fast advancing like a cheetah hunting in the prairies. The introduction of globalization and the world market has encouraged businesses to boom into millions or fall into bankruptcy, with the addition of a new competitor with a new edge every minute. New entrepreneurs to senior and experienced businessmen rise and fall every day. The difference in them is their practical skill and knowledge being used in the real world, as a person can only go so far with theoretical concepts or a mild understanding of the industry and the individuals field. A budding entrepreneur and working individual need to gain theoretical knowledge and practical skills to grow their business. Such skills can be acquired at the university level through management programs. Students in India have two different routes in this regard MBA or PGDM. Most of the time these courses are mistaken to be similar, but they are not similar titles and have different approaches as well. Both are a different approach to the business industry and both are very accredited in the industry. The Business management industry is a very dynamic sector and it changes trends now and then. Students and working professionals are meant to be up to date with these trends. They can implement them into their work and in turn into their business. In the case of MBA, the curriculum is uniform and theoretical based for all institutes across India. Since the universities regulate the curriculum there is a delay in its revision of the syllabus and it has to be kept theoretical for the students to be taught a broad spectrum of subjects. Most of the time the core curriculum and the elective subjects will be the same in two colleges remaining same year by year. In the case of PGDM, the curriculum is autonomous and hence changes as required by the industry trends. Different colleges can also offer different electoral and supplementary courses. The curriculum is industry-based. It imparts soft skills based on the changing demands of the industry. It intends on making its students industry-ready. Lexicon MILE was established in 2009. The total number of students in the Lexicon Group of Institutions is more than 10,000. Lexicon Management Institute of Leadership and Excellence has state-of-the-art teaching aids and the Innovation & Incubation Centre to promote entrepreneurship and start-up culture.

What is a PGDM? A PGDM or Post Graduate Diploma in Management is a Diploma course in Business Management. It is a Diploma course and can be granted by even autonomous colleges. It is a 2-year course focusing on the intricate different aspects of management and business industries. It focuses more on practical aspects and industry-based soft skills. The curriculum is dependent on the college as they can offer additional subjects and keep their syllabus updated. This course was meant for the working professionals who wanted to enter the management field but nowadays students are also interested in it. What is an MBA? An MBA or Masters in Business Administration is a postgraduate degree course in Management offered by numerous colleges and universities worldwide. It teaches the students managerial, technical, and leadership skills through focusing on the theoretical side more. Being a Master's degree, the only university-affiliated or recognised colleges can grant such degrees. The MBA colleges follow a single uniform curriculum designed across institutes for the Bachelors, Masters, or doctorate degrees but at a different level of depth. Is Diploma really of a lower standard than a Degree in respect of business opportunities? Contrary to common belief, Employers don't value a Diploma lower than a degree. A student with a degree has a broader set of knowledge which is most rigid and theoretical whereas a student with a Diploma has been focusing on the select field and thus has as much eligibility as a degree student. Why does the Curriculum system matter? The Business management industry is a very dynamic sector and it changes trends now and then. Students and working professionals are meant to be up to date with these trends. They can implement them into their work and in turn into their business. In the case of MBA, the curriculum is uniform and theoretical based for all institutes across India. Since the universities regulate the curriculum there is a delay in its revision of the syllabus and it has to be kept theoretical for the students to be taught a broad spectrum of subjects. Lexicon MILE was established in 2009. The total number of students in the Lexicon Group of Institutions is more than 10,000. Lexicon Management Institute of Leadership and Excellence has state-of-the-art teaching aids and the Innovation & Incubation Centre to promote entrepreneurship and start-up culture.

PGDM programme of IMI Kolkata equips students with strong conceptual skills to manage a business in an integrated manner. The emphasis is on developing a holistic manager with a vision to take on the challenges for the future. Some of the key goals are:
Sharpening the analytical and problem-solving skills using managerial tools. Imparting knowledge in functional areas of management with the objective of preparing students for cross-functional positions in the industry. Developing the students' personality with strong values and a positive attitude, so that s/he is receptive to societal concerns and committed to ethical conduct. Visit for more details: https://imi-k.edu.in/imik/index.php/admission/programme?page=pgdm-programme.

Many students often wonder if doing a PGDM would help them start their own successful venture and while the answer may vary, here is a very awesome list of reasons to explain why a PGDM is a must if you dream of eventually being your own boss.
1. A PGDM experience can help one step out their comfort zone - A lot of us are hiding under a shell and seldom express our views, the presentation and networking opportunities in a college environment can help us explore the inner entrepreneur within us without the fear of judgment because everybody is learning together.
2. A PGDM is a brilliant way to network - Most of the people get stuck in a rut and do not know how to network with fellow entrepreneurs. They do not know where to seek inspiration from, doing a PGDM makes this extremely easy because there are multiple opportunities to network and talk with industry bigwigs. Guest speakers and trainers frequently visit colleges making PGDM the best way to meet industry leaders and meet like-minded people who also want to grow.
3. A PGDM offers a support network like no other - Most degrees have people studying only technicalities, while PGDM courses build a team out of students and give them ways to collaborate and brainstorm great ideas. A peer-support network like this is the best option if one wants to start a successful venture.
4. A PGDM helps you gain the required skills to run a business - From hiring employees to getting customers one would need a deep understanding of Finance, Marketing, Human Resource Management, and Strategic planning. Every business decision would require careful analysis and deep understanding, this is where the subjects learned during a PGDM would prove to be useful. Everything from theory subjects like labor laws to more practical subjects like statistics has a role to play in overall success at business.
5. A PGDM will give you the right credentials to attract potential clients - Doing a PGDM will give evidence to potential clients that you are somebody who has invested time and effort into learning your craft. This is highly valuable especially in an economy like ours where people still give importance to degrees. To know more visit: http://lexiconmile.com/How_does_PDGM_help_build_the_entrepreneur_in_you.php.