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

On Question asked by student community

Have a question related to CAT ?

Hello,

The results for the CAT 2025 entrance, which is conducted on November 30, 2025, were declared on December 22, 2025. Candidates can download and see their results on the official IIM CAT website. On the website, click on the "CAT 2025 Result/Scorecard" link to download the result by entering the required details.

I hope it will clear your query!!

Hello,

The link to the website where you can check the published result is attached herewith.  The result will be out soon. You can also check the cutoffs on the website of Careers360.

https://bschool.careers360.com/articles/cat-result

Thank you.

CAT does not restrict eligibility based on stream. Candidates from commerce, arts, science, engineering or any other background can appear for CAT and apply to MBA programmes offered by IIMs and other top B-schools.

The basic eligibility criteria for CAT are:
You must hold a bachelor’s degree in any discipline from a recognised university with at least 50 percent marks (45 percent for SC, ST and PwD categories). Final-year graduation students are also eligible to apply.

Being a commerce graduate can actually be an advantage in areas such as accounting, finance, economics and business studies, especially during MBA coursework in finance, marketing and operations.

After qualifying CAT, admission depends on multiple factors including CAT percentile, academic background, work experience (if any), performance in GD, WAT and personal interview rounds. Many IIMs and B-schools follow a diverse academic background policy, which means non-engineering candidates, including commerce graduates, often receive additional weightage.

Apart from IIMs, several reputed institutes such as FMS Delhi, SPJIMR Mumbai, MDI Gurgaon, IMT Ghaziabad, and many state and private universities also accept CAT scores for MBA admissions.

So, as a commerce graduate, you are fully eligible to appear for CAT and pursue an MBA, provided you meet the minimum academic requirements and perform well in the selection process.

If you want, I can also help you with realistic CAT percentile targets based on your academic profile or suggest suitable MBA colleges.


Hello aspirant,

With a CAT 2025 raw score of 84 and strong sectionals, your expected percentile may fail in the high 98 range , depending on scaling. Your excellent academics and 2 years of work experience strengthen your profile .IIM Lucknow calls are possible but competitive for EWS engineers , while FMS Delhi looks mainly at CAT score and VARC , so you have a reasonable chance there . Final calls depend on cutoffs and composite score.

FOR REFERENCE : https://bschool.careers360.com/articles/cat-cutoff

Hope the details will help you.

THANK YOU

Hello aspirant ,

For MANAGE Hyderabad MBA , the OBC cutoff in CAT 2024 was generally around 85-90 percentile for shortlist consideration , tough exact figures vary by section and profile . For CAT 2025, if fewer candidates appeared , the cutoff might slightly adjust , but percentile based cutoffs dont change drastically year to year. A minor decrease is possible , but you should still aim for 90+ percentile to be competitive. Factors like VARC, QA-LRDI and overall profile influence the final shortlist.

FOR REFERENCE : https://bschool.careers360.com/articles/cat-cutof f

Hope the details will help you.

THANK YOU