Last Updated on July 31, 2023 by Vishnu Nambiar
Have you completed Bachelor’s Degree course? Are you interested in pursuing a good postgraduate management course? If yes, this article will be of help to you. Here, we will have an in-depth analysis of Diploma in Management program.
This article covers topics such as – course details, duration, eligibility criteria, colleges, admission process, syllabus, fees, careers and salary specs. Diploma in Management is a job oriented academic program. The program is 1 year long. It is a postgraduate level Diploma course. After graduation, candidates have a handful of PG courses to choose from. Management is a very popular domain among India graduates. Talking about PG management programs, MBA is the most popular choice among Indian students. However, some students still go after alternatives such as Diploma in Management, Master of Management Studies etc. Here’s an interview of Diploma in Management course –
- Name of the course: Diploma in Management
- Type of course: Diploma program
- Duration: 1 year
- Eligibility: Completed Bachelor’s Degree from a recognized University/Institute
What’s Diploma in Management course all about? What’s the course content like? What’s the scope associated with this field? You will find answers to these questions in the next paragraph.
Diploma in Management: Basic Details
As the name suggests, this course focuses on the fundamentals of management. The main aim of this course is to instill basic management skills and knowledge in students. Since it is a general management program, it mainly focuses on core management subjects. Some of the core management subjects are –
- HR management
- Marketing management
- Finance management
- Accounting
- Communication skills
- Organizational behaviour
- Entrepreneurship
Apart from core subjects, this program also covers few elective subjects. In short, this course trains students and turns them into skilled management professionals! Let us take a closer look at the course details. Here they are –
Course Details
Type of course
It is a Diploma course.
Duration
The academic program is 1 year long.
Eligibility
Completed Bachelor’s Degree from a recognized University/Institute.
Colleges
There exists many Government and Private colleges across India offering this course. Government colleges charge relatively lower fees than their private counterparts.
Admission
Reputed institutes rely on merit based admission process. Such institutes make use of relevant entrance test to select deserving candidates. Some institutes are also known to conduct their own qualifying test in order to select deserving candidates. Some other institutes are also known to conduct direct as well as donation based admission process.
Syllabus
Here are some of the important subjects present in the curriculum –
- Principles of management
- Business laws
- Business Communication
- Computer Application
- Economics
- Business environment
- Marketing
- HR management
- Organizational behavior
- Business planning
- Finance management
- Taxation
- Retail management
- Communication skills
- Entrepreneurship
Careers
Management professionals are hired by wide variety of industries, MNCs, offices and organizations. Both government and private job opportunities are available in front of them. Corporate houses, MNCs, NGOs, Educational Institutes, Healthcare setups, Government organizations, Industries, Finance institutes (banks, private enterprises etc) etc are known to recruit management professionals. Actually, the list of recruiters would go on and on, management professionals are needed by many firms! Under the above mentioned work setups, they may take up any of the following job posts –
- Associate
- Assistant Manager
- HR Manager
- Operations Manager
- Analyst
- Finance and Accounts Manager
- Banker
- Trader
- Sales and Marketing professional
- Auditing Assistant
- Executive (Sales, Marketing, Advertising etc)
- Office Assistant/Executive
- Research Assistant
Other than office job, entrepreneurship is another opportunity available in front of management professionals. If you are an entrepreneur at heart, you may start your own venture or business. Other than that, working as an independent consultant is another excellent option!
Salary
Starting salary of a management professional depends upon a number of factors. Some of the prominent factors are –
- Institute from which the candidate completed the course
- Level of education (UG, PG etc)
- His/her specialization
- The domain he/she has chosen
- Job location
On an average, starting salary could be anywhere between 40-60K INR per month. In case of a Government job, the salary will be as per the pay scale and grade.
Also read: Best management courses in India
Salary will also depend on the type of work you take up after completing the course. If you start your own business, profit generated (by the business) will matter the most (rather than your salary). Same thing rings true if you choose entrepreneurship.
I am Vishnu Nambiar a career and educational blogger from India. I am also a full time educational consultant having more than 12 years of experience in the educational sector.
I share articles related to courses, colleges, careers, exam tips and more here.
which government college is the best for diploma in management course