MBA or Master of Business Administration is one of the popular, 2 year professional courses which is the ever demanding one in India and across the globe. It is a semester based course (mostly 4 semesters) deals with the theoretical aspects of business. There are two types of MBA- General and Specialized, and cover different subjects including Commerce, economics, Management etc. Post Graduate Diploma in Management (PGDM) is equivalent to MBA, but a PGDM graduate can’t do the PhD since it is not recognized. But now most of the organizations/firms prefer PGDM over MBA because of the industry relevance. There are also other programs like Post Graduate Programs (PGP) in business for the future Managers.
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