We are all aware of the social and economic crises that the COVID-19 pandemic has caused, wreaking havoc on our lives and relationships. But amidst this chaos, there is also hope, and that is hope for a better future. If you are someone who wanted to apply for an MBA or complete a PGDM course and the pandemic threw your plans out of sync, then maybe it’s time to reconsider your options. It may not be such a bad idea to go back to school in the pandemic!
The Pandemic Situation
The pandemic has forced us all to stay at home and avoid physical contact with other human beings. However, it is not the end of the world! With technology we are still able to see and talk to our friends and family living in different cities. Technology also enables us to access educational tools and courses online. As such, the demand for online PGDM courses is growing. And it’s usually 1/4th the cost!
About PGDM and MBA
A Post Graduate Diploma in Management and a Masters in Business Administration are both considered equivalent professional programmes. However, a PGDM course is offered by autonomous institutions and is approved by the All India Council for Technical Education whereas an MBA is offered by a university.
PGDM Benefits During the Pandemic
As promised, here are some benefits of going back to school in the pandemic.
Less Competition
As we all know, many people are hesitant to start a PGDM or an MBA in the pandemic. This means more opportunities for you! You will have a higher chance of not only securing admission but being accepted into an elite school thus improving your future employment prospects. Exams such as GMAT, GRE, TOEFL, etc. can now be taken from the comfort of your home. However this indecisiveness among students is not going to last long so make the most of it. Don’t say we didn’t warn you!
Uncertain Times but Positive Career Outlook
Previous crises such as recession have shown a clear pattern: as the economy worsens, applications go up and vice versa. This shrewd strategy enables those who pursue a PGDM or MBA in a pandemic to gain skills during the crisis and benefit from the economic recovery when they graduate. The travel restrictions imposed due to the COVID-19 pandemic can be overcome by enrolling for online PGDM courses.
Think Long-term
It is important to understand that an MBA or PGDM can have several long-term benefits on your professional and personal development. These are not only tangible like new skills and knowledge, but also intangible like personality development, improved credibility and networking opportunities. Even distance PGDM courses can add value to your career with their unique networking programmes and internship opportunities.
Whether it is a distance PGDM course for working professionals or a full-time MBA, take into account that this unique opportunity is time-bound. So don’t be afraid, put your best foot forward.
