PGDM Salary in India 2024 for Freshers - Average Salary and Scope

PGDM Salary in India 2024 for Freshers - Average Salary and Scope

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Team Careers360Updated on 06 Aug 2024, 12:54 PM IST

The PGDM salary in India has seen a rising trend over the past couple of years. The PGDM salary packages offered to the candidates have touched astonishing figure marks, some being as high as crores. The PGDM salary hikes have made more candidates pursue PGDM courses in highly paying specializations like finance, operations, marketing, and supply chain management. It also has led to new roles within industries like management consulting and product management.

PGDM Salary in India 2024 for Freshers - Average Salary and Scope
PGDM Salary in India 2024

In this article, a brief overview has been given about the PGDM salary, different factors affecting salary after PGDM, and the average salary offered after the PGDM course. Candidates can use it as a reference guide to understand the PGDM salary they might get offered during the placement.

Factors Affecting PGDM Salary

PGDM salary is affected by various factors. These factors can be local as well as global. The factors affecting PGDM salaries are discussed briefly below.

Specialization: PGDM Salary differs as per the specialization of the program. A few specializations like finance and marketing tend to pay more as compared to HR, and others.

Industry: The type of industry plays a vital role in determining the PGDM Salary. Industries like finance, consulting, and IT offer a higher starting salary.

Job Role: The particular job role for which a candidate is hired decides what would be the salary package for it. Management and Analyst roles have a higher salary package.

Individual Performance: The performance of a candidate in the interview or selection rounds decides the PGDM Salary they would be getting upon getting selected for the applied role.

Job Market: The underlying job market is crucial for the PGDM Salary. A highly demanding job market would enable candidates with high salary packages and vice versa.

Reputation of the Institute: Candidates from highly reputed institutes like IIMs tend to get paid much higher salaries than other PGDM candidates.

Average PGDM Salary Offered in India

The PGDM average salary offered in India at various PGDM colleges is mentioned in the table given below. This way candidates can understand which PGDM college should be on their priority list for doing a PGDM course.

S No.

PGDM Colleges

Average PGDM Starting Salary (INR)

1.

IIM Kozhikode

28.05 LPA

2.

IIM Lucknow

32.23 LPA

3.

IIM Mumbai

31 LPA

4.

XLRI Jamshedpur

30 LPA

5.

IIM Raipur

20 LPA

6.

IIM Rohtak

19.27 LPA

7.

IIT Kharagpur

18 LPA

8.

SPJIMR

33 LPA

9.

IIM Shillong

26.1 LPA

10.

IMI Delhi

17.01 LPA

11.

IIM Amritsar

16.51 LPA

12.

IIM Nagpur

16.74 LPA

13.

IIM Tiruchirappalli

20.5 LPA

14.

IIFT

29.1 LPA

15.

Goa Institute of Management

14.87 LPA

16.

MICA Ahmedabad

20 LPA

Frequently Asked Questions (FAQs)

Q: Who is eligible for PGDM?
A:

The eligibility criteria for PGDM would vary from one college to another. The general eligibility criteria include having a Bachelor’s degree in any discipline from a recognized university with 50% marks or equivalent CGPA (45% for reserved category candidates).

Q: Is PGDM a master's degree?
A:

PGDM is a graduate diploma in management. PGDM is equivalent to an MBA degree from any university or college in India. It is a recognized program and is offered by top management colleges in India.

Q: Which PGDM has the highest salary?
A:

PGDM specializations like data science and business analytics, digital marketing and e-commerce, supply chain management and logistics, healthcare management, and financial technology (FinTech) have been some of the highest salary-getting PGDM programs.

Q: What is the starting salary after PGDM?
A:

The starting average salary after PGDM can vary anywhere between 7 LPA to as high as 30 LPA. The PGDM salary would depend on different factors like specialization, industry, job market, PGDM institute, job role, and individual performance.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

The three key formulas that can solve almost all Profit & Loss problems are:

  1. Profit/Loss % = (Profit or Loss / Cost Price) × 100%, where CP is the cost price.

  2. Discount % = (Discount / Marked Price) × 100%, where MP is the marked price.

  3. Mark up % = (Mark up Value / Cost Price) × 100%, where CP is the cost price.


These formulas can be adapted for problems involving discounts, marked price, or successive gains/losses.

For detailed examples and variations, you can from the article

https://bschool.careers360.com/articles/profit-and-loss-for-cat-2025-only-3-formulas-needed-for-all-variations

With a 70 percent in CAT Examination, you can go for various B-Schools or private collages. The S. K. Patel Institute of Management in Gandhinagar is an option for those who score 70-80 percent in their CAT examination or The Gujarat Institute of Management (GIM) in Goa with a cutoff of 60-80 percentage. These are the collages you can look for in Gujarat or nearby.

Collage in other regions: BA Colleges Accepting 70-80 Percentile in CAT 2025

Thank You.

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.