Universities in India are extremely slow in revising their curriculum to the changing industry demand. This is why we don’t have an MBA in Financial Markets or in real estate, although these are the fastest growing segments. The PGDM on the other side, is tailor-made and customized by the institute and is far more flexible. This makes it possible for the college to continuously upgrade and improve the curriculum. That is why the PGDM is far more industry oriented than MBA. The Question of Perusing Higher Education Is PGDM valid for higher education? In India, all the awards of PGDM from AICTE recognized institutes are equivalent to a master’s degree. A student can pursue her/his higher education like M Phil, PhD, or any other course with the PGDM conferred by an AICTE approved institution.