Demand for PGDM Recovers In The Midst Of Economic Crisis: 5 Reasons Why Pursuing PGDM In Crisis Is Profitable

 In light of the COVID-19 pandemic, today’s projection is just as gloomy, as the global economy faces up to its worst crisis in centuries, creating an increasingly uncertain jobs market and business landscape. Making a considerable investment in a PGDM might not sound like an obvious priority for many. But those who were at business school during the world’s previous crises will testify, now as the right time to strengthen the skills, professional profile, and ultimately stand to confront a crisis.

Despite the positive progress, it may take some more time before society returns to normal, and before restrictions on business and social movement are removed. The only clarity is that the economic recovery will take time, and the Covid-19 will simply be one of the few extreme data points of historical graphs.

Let us give you a little more clarity about PGDM. Though a PGDM sure opens a channel towards better opportunities which would otherwise have come with much more experience and time, it is more than just those opportunities. PGDM is genuinely a holistic experience that offers multiple things. To briefly articulate a few, we’re listing the following few reasons why now may be the perfect time to start your journey.

1. Wide Opportunities

There’s a wide range of sectors open for PGDM graduates without any limitation. PGDM graduates can find jobs in banks, insurance companies, security firms and various financial and management organisations. This ensures high chances of employment during a period of crisis.

2. Make Your Own Destiny

PGDM does not only provide better opportunities with the existing employer but also provides one with the confidence and skills to start their own venture. PGDM graduates are armed with the skills and knowledge to start entrepreneurial vemtures immediately after graduating. Most of the aspirants found that having a PGDM also provides future career flexibility and experience to help start businesses years later.

3. Life-long Network

PGDM provides you with a life-long network, a network of highly accomplished people in diverse sectors. These networks open valuable doors into the industry. The network spans from one’s batchmates (who ultimately reach leadership positions or become successful entrepreneurs) to alumni who have already done significantly in their life. The network someone builds can be really valuable to the career. It might be something one grows to rely upon, if times get tough - whether this is in an unfruitful job search, or a search for investment. Besides, premium B-schools such as IMI Kolkata, one of the best private institute for management, help their students get all the exposures they need to build their network inside or outside the campuses.

4. Less Competition

With many hesitating to decide whether to start their PGDM education now and ultimately opting out of the same, competition would ease. For you, this interprets into better odds of securing a place in an elite programme and thus enjoying significantly better career prospects.

5. Long-term Plan

When considering a PGDM, aspirants are advised to think of the long-term effect this degree will have on their professional and personal advancement. This is much more important in times of crisis. The PGDM degree supports career growth and transformation into a better-skilled professional, opens up networking opportunities, brings a better pay package, and nurtures entrepreneurial talent. This downtime will not last forever. Once it’s done, organisations will be eyeing for professionals with value.

In conclusion, a PGDM programme is a full package. One may have doubts about how to proceed, and this is completely normal. However, you need to evaluate it more holistically. In retrospect, it may turn out that applying in a PGDM programme in the one of the best private institutes such as IMI Kolkata amidst a pandemic was the best decision you have ever made.