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  • Frequently Asked Questions

    Similarities and differences between PGDM and MBA.

    Similarities

  • dotAll PGDM and MBA courses recognized by AICTE are equivalent and are Postgraduate Degree courses.
  • dotBoth are 2-years full-time programmes unless specifically mentioned otherwise.
  • dotBoth the courses cover subjects relevant for business management/administration.
  • Differences

  • dotAICTE recognized Postgraduate Degree in Business Management/Administration offered by autonomous institutions is PGDM degree. For example, institutes like XLRI Jamshedpur, XIM Bhubaneshwar, MDI Gurgaon, S. P. Jain Mumbai offer PGDM degree.
  • dotAICTE recognized Postgraduate Degree in Business Management/Administration offered by universities and institutions affiliated to a university is an MBA degree. For example, Patna University, Magadh University etc. offer MBA degree.
  • dotInstitutes offering AICTE recognized PGDM programme follow course curriculum as per the guidelines of AICTE, whereas universities follow their own curriculum.
  • dotAll IIMs offer 2-year full-time PGDM degree.
  • What are the advantages of autonomous institutions?

  • dotAutonomous institutes can design and modify the course curriculum as per the industry requirements within overall AICTE guidelines.
  • dotThe autonomous institute can add elective courses in areas where the demand for knowledge and skill set in those areas become more relevant. For example, at present the demand for trained managers from the telecom industry is rapidly growing and therefore an autonomous institute can offer courses on Telecom Management.
  • dotThe autonomous institutes can easily engage faculty from industry to teach courses which require experiential learning.
  • dotThe presence of experts from industry as faculty enhances the institute- industry interface providing all round exposure and development to the students and making them more industry ready. Their engagement also enhances the placement prospects of the students.
  • dotThe participation of students in the operations of the autonomous institute is more.
  • dotThe teaching methodology in autonomous institutions can be customized to suit the specific requirements of the course and for internalization.
  • dotFlexibility in the examination and evaluation system allows testing the students on real learning rather than on memorization.
  • What should be the composition, profile & role of faculty in a good management institute?

  • dotThe faculty should be a mix representing both academia and industry.
  • dotThe faculty from academia build conceptual foundation of students.
  • dotThe faculty from industry add real life insight and practice from the industry in the courses.
  • dotThe faculty team consists of Core, Adjunct and Visiting faculty and each group of faculty have different but essential role to play in developing the students and the institute.
  • dotEven for the faculty from academia, an industry stint helps to bring in the connectivity between theory and practice.
  • dotThe faculty who themselves are from the premier institutes of the country like IIT, IIM and XLRI and top institutes abroad bring in similar high standard of academics, processes and systems in the institute. They also help imbibing excellence in all spheres in students.
  • dotThe faculty spend time with the students both inside and outside the class. Within the class faculty encourage participative discussions and generate curiosity in the student in the subject being taught. Outside the class, faculty play major role to mentor the student in developing his/her overall personality.
  • Why should students opt for residential management institutes?

  • dotAn ideal management course not only inculcates in students knowledge but also aim to equip the students with qualities like the ability to work in team, presence of mind, adaptability, out of the box thinking, conflict management and overall maturity and balanced personality.
  • dotOnly class room teaching and stay in the campus for some part of the day is not adequate enough to develop the above mentioned qualities.
  • dotIn a good Management institute, learning outside the class is as much, if not more, as inside the class. And, this is possible only when the students stay together during the entire duration of the program.
  • dotStudents can enhance their learning only through sharing of knowledge with each other bringing in different perspectives on the issues.
  • dotIn real life most of the work is done in team and therefore companies value those candidates who have the ability to work in and lead teams. This is possible only when the students stay together.
  • dotPGDM/MBA is an intensive programme which requires complete dedication and focus from the students to do justice to and leverage from the course. This is possible when student stay in the hostel and is not distracted by any extraneous problems/issues.
  • dotResidential management institutes also nurture community living and develop fellow feelings.
  • dotResidential management institutes provide flexibility in organizing classes, workshops and seminars at any time during day and night depending upon the convenience of the expert resources from all spheres of life.
  • dotResidential nature of the management institutes provides ample time to the students in organizing co-curricular and extracurricular activities which complete the learning process.
  • How important is placement, How will one ascertain the placement performance of an institute?

  • dotMore than placement it is the career path which is important.
  • dotGood management institutes prepare students for a successful career by providing knowledge, helping to develop life skills and value system.
  • dotPlacement and subsequent success in career and life is the culmination of all things done right by both the institute and the students themselves.
  • dotThe placement record of an institute can be obtained from published materials, website and other sources. However, the most authentic information on all aspects about the institute can be obtained from the alumni and existing students of the institute.
  • How does ISM Patna fulfill the requisites of an ideal management institute?

  • dotPGDM Program offered by ISM Patna is approved by AICTE, Ministry of HRD, Govt. of India.
    Therefore:
    - PGDM degree is a postgraduate degree enabling students to pursue higher education in future.
    - Students can take up a career in all sectors of the economy i.e. private sector, public sector and
  • dotIt is a 2-year fulltime program providing the students the time and scope for comprehensive learning.
  • dotIt is a residential program enabling the students to develop the ability to work in team, fellow feeling, managing diversity and overall development into a balanced and matured personality.
  • dotIt is an autonomous institution allowing flexibility in designing the course curriculum and engaging appropriate faculty from diverse background to make the programme fitting the needs of the industry and making the students industry ready.
  • dotIt’s faculty structure consist of Core, Adjunct and Visiting faculty drawn from academia and industry making it a right blend in delivering conceptual and practical insight into the programme.
  • dotFaculty is drawn from premier institutes of the country and abroad like IITs, IIMs and XLRI. Senior professionals from industry teach courses as visiting faculty and guest faculty. We will continue to strengthen our faculty team.
  • dotThe institute’s objective is to provide a sound career opportunity to its students based on solid foundation, balanced and matured personality and values.
  • Important Link

    • The very spring and root of honesty and virtue lie in good education.

      – Plutarch
    • The great aim of education is not knowledge but action.

      – Herbert Spencer
    • Education is the most powerful weapon which you can use to change the world.

      – Nelson Mandela
    • Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.

      – Maimonides
    • Education is the key to success in life, and teachers make a lasting impact in the lives of their students.

      – Solomon Ortiz
    • Develop a passion for learning. If you do, you will never cease to grow.

      – Anthony J. D'Angelo
    • Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth.

      – Chanakya
    • Education is a progressive discovery of our own ignorance.

      – Will Durant
    • Education cost money, but then so does ignorance.

      – Claus Moser
    • The beautiful thing about learning is that no one can take it away from you.

      – B.B. King
    • End is not the end, if fact E.N.D. means “Effort Never Dies".

      – A. P. J. Abdul Kalam
    • Excellence is a continuous process and not an accident.

      – A.P. J. Abdul Kalam
    • Character is a wish for a perfect education.

      – Novalis
    • What sculpture is to a block of marble, education is to the human soul.

      – Joseph Addison
    • roots of education are bitter, but the fruit is sweet.

      – Aristotle
    • Education is what remains after one has forgotten what one has learned in school.

      – Albert Einstein