Saturday, April 3, 2010

Basic Difference Between MBA vs PGDM

Control thy emotions buddy

Well I guess there is loss of concept here.. PGDM is taken as equivalent to MBA degree.

No difference between PGDBM & PGBM while MBA is a degree compared to PGDBM & PGBM as these are diploma. Also it is always mentioned that the diploma provided by the institute is equivalent to an MBA degree and although it doesn't matter much but its better if the diploma given by the institute is reconized by AICTE and AIU.

There is a wide variety of nomenclature of degrees in management education. There are mainly two categories - postgraduate diploma and master's degree.

Postgraduate diplomas include Postgraduate Diploma in Business Administration (PGDBA), Postgraduate Diploma in Management (PGDM) and Postgraduate Diploma in Business Management (PGDBM). Most of these diploma courses are having two-year duration and graduation is the entry qualification.

Master's programmes include Master of Business Administration (MBA), Master of Business Management (MBM), Master of Business Studies (MBS), Master of Finance and Control (MFC) and Master of Management Studies (MMS).

According to the University Grants Commission Act, universities and university-level institutions, including deemed universities, alone can award MBA and related degrees. The institutions outside the university system can award postgraduate diplomas. All institutions offering PG programmes in management should obtain the approval of the All India Council for Technical Education (AICTE). PG Diplomas in Business Administration / Management awarded by very few institutions are approved by the AICTE or recognised by the Association of Indian Universities (AIU) as equivalent to the corresponding masters degree/MBA.

Deemed universities can also offer MBA or Master's Degree in Management. The AIU is the appropriate authority for granting recognition.

The Indian Institutes of Management (IIMs) Ahmedabad, Bangalore, Calcutta, Indore, Kozhikode, Lucknow are ranked in the list of top institutions that offer Postgraduate programmes in Management (PGP).

IIM Calcutta also offers PGDM and Post Graduate Diploma in Computer Aided Management (PGDCM). Meritorious graduates in any discipline can apply for the postgraduate programme offered by the IIMs.

The selection is based on the Common Admission Test (CAT) score. The PGP of IIMs is considered as equivalent to an MBA and has much greater demand in industry/management field.

Most of the universities in India offer MBA programmes with specialisations such as marketing, finance, personnel, systems management, human resource management, etc. Some institutes offer sectoral electives such as telecom, health, retail, textile, insurance, pharmaceuticals, supply chain, shipping and port Management, etc. besides the main specialisations.

Innovative specialised subjects of MBA include biotechnology, tourism, power management, information technology, public services and e-governance, IT-enabled services, banking technology, pharmaceutical management, etc. The duration of full-time MBA programmes is two years.

The reputation of the institution within the industry, the quality of the faculty, infrastructure, placement record, location of the institute, etc. are the factors that need to be taken into account before choosing a masters programme or a PG diploma.

It is not important whether a student pursues PGDM or MBA. The institution where he/she is studying is of paramount importance and enhances their employability.

Those who pass out from reputed institutes get better job opportunities in multinational companies in the executive/managerial posts.

IIMs, Xavier Labour Relation Institutes (XLRI), Jamshedpur, Xavier Institute of Management (XIM), Bhubaneswar, Jamnalal Bajaj Institute of Management Studies, Mumbai, Narseemonjee Institute of Management Studies, Mumbai, S.P. Jain Institute of Management and Research (Andheri West) Mumbai, Barathidasan Institute of Management (BIM) Tiruchirapalli, etc. are some of the top institutes offering PG programmes in management.

Admissions to MBA/PGDBM/equivalent programmes are made either through an all-India Common Entrance Tests or through State-level tests.

The All India entrance tests consist of IIM-CAT, JMET conducted by IITs, MAT conducted by AIMA, ATMA conducted by AIMS, XAT conducted by XLRI. Admission guidelines are available on the AICTE website: Welcome To AICTE

The Joint Management Entrance Test are conducted annually for admission to Postgraduate Programmes in Management at IITs Madras, Bombay, Delhi, Kanpur, Kharagpur, Roorkee and Indian Institute of Science (IISc), Bangalore. Graduates in engineering are eligible to apply for this test.

Hope it clears the air now

Cheers :)

Sun Safety Tips

Protect Yourself and Your Family Year Round from harmful Sun Radiations

1. Seek the shade, especially during the sun's peak hours (10:00 am - 4:00 pm).
2. Always wear a broad-spectrum sunscreen with a sun protection factor (SPF) of 15 or higher. Sun damage occurs even on cloudy days.
3. Cover up with clothing, especially a broad-brimmed hat and UV-blocking sunglasses. Use long sleeve rash guards with a high SPF rating if you are on the beach or in the water.
4. Avoid tanning parlors and artificial tanning devices.
5. Get vitamin D safely through a healthy diet that includes vitamin supplements.
6. Keep newborns out of the sun. Sunscreens can be used on babies over the age of six months.
7. Check with your doctor to be sure.
8. Teach children good sun-protective practices.
9. Examine your skin from head to toe once every month.
10.Have a professional medical examination annually.
11.Avoid tanning and especially do not burn! One blistering sunburn can double your risk of melanoma.

* Overexposure to the sun's ultraviolet (UV) rays can seriously threaten you and your family's health. Besides the immediate effect of sunburn, long term exposure to excess UV radiation can cause skin cancer, eye damage, immune system suppression, and premature aging.
* Children are highly susceptible to harmful UV radiation. Approximately 23 percent of lifetime sun exposure occurs before the age of 18. Just one or two blistering sunburns in childhood can double the risk of developing melanoma.
* Teaching children about sun safety is the key to reducing the risk of future health
problems.

Friday, April 2, 2010

Yoga, Meditation & Simple Life

In Ayurveda, yoga means union, and is a traditional system of healing the mind and body. It is believed that yoga cleanses the body of toxins, improving muscle tone and blood circulation.

An ancient system of practices originating in India, It is aimed at integrating mind, body and spirit to enhance health and well-being. There are many different forms of yoga. Hatha yoga, the most widely practised form of yoga in the Western world uses specific postures and breathing exercises.

Some define Yoga as a spiritual practice which includes posture breath control and meditation. The word is derived from the Sanskrit meaning to bind, join, yoke, direct, to use and apply. In other words, An ancient Indian philosophy and way of life, where complete harmony between our body and mind is achieved by special exercise, breathing and meditation.

1. If the mind is kept cool and calm at all times, you will have wonderful health, strength and vitality.
2. Let any disease remain in your body. Do not bother too much. Develop the powers of endurance and resistance. Strengthen your body, mind and nerves.
3. Take plenty of open-air exercises, substantial nutritious food, medicated oil bath and plenty of rest.
4. Be moderate in food, drink and enjoyments. Lead a spiritual life. All diseases will leave your body by themselves.
5. Do not go to the doctors very often unless emergency. Endeavour to qualify yourself as your own doctor. Understand the laws of nature and the principles of hygiene and health.
6. Bask in the sun. Expose your body to the rays of the sun for a short time daily. This is heliotherapy or sun-treatment. Sun is the source of energy and power. You will derive energy and power from the sun.
7. Soak 12 almonds at night. Remove the skin and take the almonds with some sugarcandy in the early morning. Or you can make a refreshing beverage by grinding these almonds with a little black pepper and sugarcandy. This is a fine, cooling and strength-giving tonic.
8. Rest in bed is necessary. Adjust your diet. Take simple, wholesome, easily digestible, bland and non-irritating food. Give up hot, pungent curries, chutneys and chilliest.
9. If you can fast for a whole day, it is all the better. Fasting eliminates poisons and overhauls the system thoroughly. You can take sago and milk barley water and fruits like sweet oranges, grapes, etc.
10. Observe Brahmacharya. Get up at 4 a.m. And practice Japa of 'Hari Om' or any other Mantra and also meditation for one hour. The Name of the Lord is the best medicine or tonic in the world.
11. You should have intense faith in the power of the Names of the Lord. Incurable diseases are cured by Japa or singing Hari's Name.
12. Meditation creates new, healthy vibrations in all the cells of the body and removes any kind of disease. All the tissues are bathed in the nectar that flows during meditation. All germs that cause diseases are destroyed.
13. Resort to Nature Cure and Yogic Chikitsa. Practise regularly Pranayama, breathing exercises, Asanas, concentration and meditation. This is the ideal treatment.
14. Have a cheerful countenance always. Smile and laugh.