Part Time

Ravindra, as other's give you lists, i would stick to giving an understanding. Design is a field that is age old and has been evolving every year like science. Sometimes student Artists are too much enamoured by Fine Arts preventing them to look objectively at Design. They must read this http://bit.ly/SXc9GD. Again like science it pays to be at the cutting edge. For e.g. science students do better if they go for CS or IT since that are areas where development is taking place rapidly. Similarly in Design the cutting edge areas are UID/ UXD, 3D Printing, Immersive Technology, Augmented Reality, 3D Projection etc, besides of course Game Design & Animation. Of course at the top of the pile lies Concept Designing (usually reserved for writers and visionaries) - these people are required by Event Companies, Animation Studios, VFX Studios, & of course Game Studios. At this stage, you may want to understand the creative world and the careers it offers. There are many careers for the creative/ artistic people. Interiors, textile as well as Web Design rely on the same skills - your layout skills and color sense. Journalism also is at this level and relies on your language skills & knowledge of history and current affairs. A little higher perches Graphic Design, Fashion Design, jewellery design, Acting, & Fine Arts which rely on one of your artistic skills - sketching & imagination. At a similar level perches VFX as well as Motion Graphics which rely on one of your artistic skills - Cinematographic skills & imagination. Then come careers like Animation, Film Making, Game Design which rely on multiple talents like your authority over sketching, acting, direction, voice, sound, writing, storytelling and problem solving skills etc. Any extra skill can be used in this. So it turns out to be one of the most challenging as well as satisfying careers. Sure not recommended for the weak hearted. Do remember that digital design careers (e.g. web design, graphics, UI design, animation, vfx, multimedia) give better profits since they can be delivered anywhere in the world & hence may earn in dollars - resulting in better rewards for designers. You may also like to read this about the kind of preparation the best students put into design http://bit.ly/1ddUSi8. Wish you the best for your career. Remember, your Career is a resultant of your knowledge combined with your passion & expression ability. If you like this answer you may select it as best answer or press like.

Would like to add few more points in difference between MBA & PGDM.
While there are huge similarities in the curriculum of both MBA and PGDM, there are finer points of difference. While MBA focuses more on theoretical aspects of management and is more exam-oriented, PGDM has a focus on building soft skills and is industry-oriented. It prepares you for the job market.
Since an autonomous institute does not have to follow university standards, it is free to change its curriculum according to industry standards and change in business environment. Also a PGDM gives you an industry exposure. Whereas it will take time to change the curriculum for MBAs as it is affiliated with a university and it will essentially follow the university guidelines and changing this curriculum is a very slow process.
However, you should remember that it is not important whether a student pursues PGDM or MBA. The institution where he is studying is of supreme importance and enhances their employability. If you pursue your management studies from a reputed college which is recognised and offers decent placements, then your chances of employment and going abroad get enhanced.