ISM Patna offers a two-year full-time Postgraduate Diploma in Management (PGDM), equivalent to an MBA, approved by the All India Council for Technical Education (AICTE), Ministry of HRD, Govt. of India. It is a well-researched program designed specifically to cater to the needs of the Industry. The entire PGDM/MBA program has been divided ]into 6 trimesters. In the first year of the program, students learn the fundamentals of management. In the second year, they can choose from the different specializations offered by the college. Presently specialization in the areas of - Marketing, Finance, Human Resources, IT Management, etc . are being offered. At the end of the first year, students are required to do a month internship in companies, which exposes them to real work situations and helps them integrate and synchronize their conceptual understanding with business realities.
The core focus of the course is the development of global leaders with strong technical business knowledge and fostering innovation. Team-based learning forms the core of the teaching methodology of the course.
The PGDM Programme extends from 21 to 24 months, involving six trimesters with a summer internship at a professionally managed organization. The program is carefully designed keeping in view the changing needs of the domestic as well as global business environment. All through the first year, students are exposed to basic concepts in the areas of Marketing, Finance, Quantitative Methods, Operations, Behavioural Sciences, and Strategy through the core courses. These shall lay the foundations for all the functional areas of management and help the students develop an elaborate understanding of the different aspects.
During the second year, students can choose from a range of electives to concentrate on functional areas of interest. The areas currently offered are Marketing, Finance, Human Resources, and IT/Information Systems.
A lot of emphasis during the PGDM program is placed on industry-based and research projects. Over the program's duration, students are expected to conduct research on various aspects of management and subject it to faculty scrutiny and evaluation. This aims to increase students' comprehension levels in the respective topics.
Trimester | No. of Course | Average Credit / Course | Total Credit | Class Room Contact hrs |
Out of Class Work hrs. |
---|---|---|---|---|---|
I to III | 6x3=18 | 3 | 54 | 540 | 1260 |
Internship | SIP | 3 | 3 | 0 | 375 |
IV to VI | 6x3=18 | 3 | 54 | 540 | 1260 |
Financial Accounting and Decision Making | Marketing Management-I | Financial Management-I | Marketing Management-II | Financial Management-II | Strategic Management-I |
Organizational Behaviour-I & II | Micro Economics (Managerial Economics – I) | Cost Accounting and Decision Making | Macro Economics (Managerial Economics – II) | Operations Management-I & II (MOM & SOM) | Managing Work Place Dynamics and Employee Collectives |
Quantitative Methods-I | Human Resource Management | Business Analytics & Quantitative Methods-II (Operation Research) | Legal Aspects of Business | Business, Environment and Society | Research Methodology / Business Research Methods |
Business Communication (Written Analysis and Communication) | Government Systems & Policy Process | Management Information Systems | Corporate Social Responsibility | Entrepreneurship and Business Simulation | Business Ethics |
Strategic Management - II | Elective – I (Minor) | Elective – VI (Minor) | Elective – VII (Minor) | Elective – XII (Minor) | Elective – XIII (Minor) |
Elective – II (Major) | Elective – III (Major) | Elective – VIII (Major) | Elective – IX (Major) | Elective – XIV (Major) | Elective – XV (Major) |
Elective –IV (Major) | Elective – V (Major) | Elective – X (Major) | Elective – XI (Major) | Elective – XVI (Major) | Elective – XVII (Major) |