Top PGDM Specializations That You Should Check Out in 2022

The Post Graduate Diploma in Management (PGDM) is a programme in the field of business management that is usually pursued by students after their Bachelor or Graduation. One of the most important aspects or benefits of this degree is that it can be pursued by applicants from various fields, such as humanities, sciences, commerce etc. Another important aspect of this programme is that the course is mostly application-based and industry-integrated instead of being just theoretical.

The PGDM course is usually offered with two specific specializations – major & minor. Moreover, a student who is looking to apply for a PGDM course in top management colleges in Delhi NCR has the option to apply for a specialisation in two fields given that the institute offers dual speciality possibilities.

One of the most important aspects before applying for a particular PGDM specialization is to take into consideration your interest and the growing scope of the area of study.

Although each area of study is designed to meet the specific aspects of management, all of the specializations are interconnected and are dependent on each other to function coherently in an organization. A few of the specialisations are listed below –

Supply Chain Management:

With the rising popularity and growth of eCommerce and online delivery, the challenges and possibilities for Supply Chain Management have increased. With the covid-19 and its resulting lockdowns, more and more people have shifted their stance to online ordering, which has brought inefficient processes of SCM to the surface. This has resulted in a rising demand for more efficient methods and processes in the SCM landscape. As such, SCM has turned into an optimum field for aspirants due to the rising demand for growth and innovation in the field.

Marketing:

Marketing specialisation is offered by nearly most of the business schools due to its increasing popularity and application in the global business landscape. Due to the rapid growth of this field, it has become one of the most important areas of study in management nowadays. It covers areas such as customer relations, consumer behaviour, branding, marketing communications, distribution and sales etc.

Human Resource:

Another valuable and important specialization in the field of PGDM is Human Resources, which is also an important aspect for any company nowadays. It is one of the most sought after and important specialisations today due to various strategic reasons. Human Resources has also experienced a range of changes and growth in the last few years due to emerging factors such as outsourcing and diversity in the workplace.

Finance:

Finance is one of the most important aspects of any business. The successful usage and control of money are very crucial for any business to successfully run its operations and earn profits. Due to emerging technologies and innovation, the techniques of cash management have evolved a lot over the years, making the process far simpler and easier to manage. This area of study requires aspirants to have a basic understanding of subjects covered under it like – Cost & Management Accounting, Banking & Taxation, Risk Management & Insurance, Finance, Security Analysis & Portfolio etc.

Business Analytics:

Due to the rising importance and usage of data-driven analytics, Business Analytics has become one of the most preferred specialisations in this field. As such, businesses are increasingly looking for candidates who can procure insights from historical data. The course also offers hands-on training on tools such as Descriptive Analytics, Predictive Analytics, Business Intelligence, Python, R- Programming, SAS and many other tools.

Conclusion

If you’re looking to pursue PGDM and are looking for the top management colleges in Delhi NCR, then you’ve come to the right place. IBMR, being one of the most prestigious management institutes in Delhi NCR, offers student-centred programs with a serious emphasis on learning through an engaging process of Exploration and Experimentation. IBMR employs a unique teaching methodology consisting of case studies, presentations, seminars and interaction with industry leaders from India and abroad.