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

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

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.

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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

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Hello,
With a projected CAT percentile of 87% but not clearing sectional cutoffs, your chances at top IIMs are limited because they require both overall percentile and sectional minimums. However, you still have a good shot at other reputed management institutes and non-IIM B-schools. Consider colleges like NMIMS, SPJIMR, IMT, TAPMI, Great Lakes, and other well-ranked private or state-level B-schools that accept CAT scores and weigh your profile holistically. Your academic record, BSc in Animation with 80%, and 5 years of work experience at Ubisoft India are strong points and may help in institutes that value work experience in their selection process. Also, explore institutes that accept XAT, MAT, or CMAT, where your profile can be competitive.
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Good Morning,

NIT Rourkela CAT cutoff range is between 70-85 percentiles for the general category. 70 is the minimum percentile needed to apply, and 85 is the highest percentile. However, the maximum percentile depends on the particular year competition. It can be changed.

Thank You.

If you filled the UGC NET form under EWS but you don’t have a valid EWS certificate, then forget using the EWS category. They won’t accept it. You’ll automatically be treated as General category during document verification.


And no, this won’t make your form “invalid” or “illegal.” It just means you won’t get the EWS benefit.


So yes — you can still go for General category posts and Professor recruitment. Just don’t try to submit a fake/invalid certificate; that will get you disqualified.

Hello,
If your CAT admit card shows your surname first followed by your first name as entered in the form, it is correct. You do not need to worry about this format as long as it matches the details you provided. Ensure all other information on the admit card is accurate and carry it to the exam along with the required identification documents.
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Hello,

If your CAT admit card has a different date of birth than your Aadhaar card, you should get it corrected immediately . Here’s what you can do:

  1. Check the CAT website : Log in to your candidate portal and look for the option to correct personal details.

  2. Contact the CAT helpdesk : Email or call them explaining the issue. Attach a copy of your Aadhaar card as proof.

  3. Do not ignore it : The date of birth must match your ID, otherwise you may face problems at the exam or during admission.

Usually, the CAT authorities allow corrections before the exam, so act quickly.

Hope it helps !