PG Diploma in Management
Programs Detail
- Overview
- Program Objective
- Affiliation
- Methodology
- Curriculum
- Area Of Concentration
- Learning Environment
- Program Fee
- Scholarship
- Eligibility
- Admission Process
- Campus
- Online Fee Payment
- Mandatory Disclosures
- Alumni Testimonials
Alumni Testimonials
“Tell me and I forget, teach me and I may remember, involve me and I learn.” –Benjamin Franklin; this is exactly what I experienced at Praxis. The phenomenal faculty and the well designed curriculum helped me structure my thought process. I obtained valuable insights from industry veterans, and prepared myself for the corporate world with the learning derived from the classes, the informal interactions with the faculty team and from my peers in the corridors of our wonderful hostel. Grateful to My Alma Matter for what I am today!”
Sriram Santosh Bal
Associate Director at Standard Chartered Bank – Class of 2011
“Life at Praxis is very unique. Not only the students are given every assistance to explore their full potential, but with world class mentoring from great faculty they leave us ready to face the challenges of the outside world. I am highly privileged to have been able to be a part of Praxis and it was a perfect stepping stone for my success in my professional as well as personal life”
Prasanna Lakshmi Devaraj
Analyst, Retail Risk Analytics, HSBC Global Analytics – Class of 2015
Schedule and Registration
Association
Affiliation
The PGDM program is approved by the All India Council for Technical Education (AICTE, Ministry of Human Resource Development, Government of India)
Please CLICK HERE to view the Letter of Approval from All India Council for Technical Education
Program Highlights
Admission Process
Application | Students can apply online from Praxis website – www.praxis.ac.in |
Tests Accepted | Candidates need to submit valid scores in CAT / XAT / CMAT/ MAT/ATMA/GMAT |
Selection Process | Short list by assessment test score and profile. Shortlisted candidates appear for an interview with a panel comprising representatives from Praxis and the industry. |
Interview Centres | Bangalore, Bhubaneshwar, Chennai, Guwahati, Hyderabad, Jamshedpur, Kolkata, Mumbai, New Delhi, Patna, Ranchi.* |
Assessment Dates | January to March, 2021 |
Course Commencement | July 2021 |
Scholarship
The total amount of scholarships on offer: Up to INR 40 Lakhs
The Praxis Scholarships are divided in 2 categories:
- Director’s Merit List – 8 scholarships
- Praxis Business School Foundation Scholarships – 8 scholarships
The Scholarships entail the following process:
- All students who meet the criteria for the scholarships can apply for the same.
- A student can apply to scholarship under a single category at the time of admission
- The performance of the Scholars will be monitored closely for the renewal of the Scholarship every year.
- Students need to maintain a minimum CQPI every trimester to be eligible for continuing with the scholarship.
Director’s Merit List
Eligibility : Students need to have a the following qualifying scores
Class X | Class XII | Graduation |
80% | 80% | 70% |
In addition, there should be no year gap or backlogs during the academic career.
Student should have scored a minimum of 80 percentile CAT/ XAT or 85 percentile in CMAT or 90 percentile and above in MAT/ATMA.
Scholarship Amount: Rs. 2,00,000 (divided as Rs.50,000 per installment)
Condition for continuation of the scholarship:
Students under the list need to fulfill the following conditions failing which the scholarship will be withdrawn.
- Be in the top 25% of the class and maintain a minimum CQPI of 5.2 out of 8 in each trimester
- Actively participate in Extra & Co-Curricular activities held
Praxis Business School Foundation Scholarships
This scholarship would be given to meritorious students whose annual family income is less than 4.0 Lacs per year.
Eligibility: Students need to have a the following qualifying scores
Class X | Class XII | Graduation |
75 % | 75% | 60% |
In addition, there should be no year gap or backlogs during the academic career.
Student should have scored a minimum of 70 percentile CAT/ XAT or 75 percentile in CMAT or 80 percentile and above in MAT/ATMA.
Students seeking the scholarship need to submit income proof affidavit to [email protected]
Scholarship Amount : Rs.3,00,000 (divided as Rs.75,000 per installment)
Students under the list need to fulfill the following conditions failing which the scholarship will be withdrawn:
- Maintain a minimum CQPI of 4.5 out of 8 in each trimester
- Actively participate in Extra & Co-Curricular activities held.
Praxis Placement Program
Learning Environment
Physical Infrastructure
Our architect Vikram Lall believes that educational campuses should inspire through their forms and spaces. Design of the Praxis Business School campus attempts to create a memorable experience by establishing a dialog between its architecture and the end users. Best practices of educational facility design have been adopted to develop an efficient and beautiful campus on a 9 acre expanse of land.
The academic block
The academic block has been designed in accordance with principles that respect environment and ecology. The academic building has been articulated through the process of transformation of traditional forms such as Bengal roof, temple shikhara and terracotta finishes. The presence of water in Bengal landscape has influenced the landscape where rain water is drained into water channels. The building is wi-fi enabled and houses lecture theatres powered with the latest audio-visual aids, classrooms, and a well-stocked library.
The residential block
We firmly believe that a major part of the knowledge and skill acquisition in a B-School happens, paradoxically, outside the classroom – during heated discussions in the cafeteria, while collaborating on group assignments, in hostel rooms and corridors. This is why Praxis insists on being a fully-residential program. The residential block comprises comfortable, well-furnished, single-occupancy rooms, a multi-gym, a recreation room equipped with pool, table tennis and other facilities, a mess hall, a student-run convenience store, a doctor’s chamber and a night canteen on the terrace. The residential block is also ‘smart,’ with complete wi-fi connectivity.
Digital infrastructure – Kollaborative Klassroom – a unique learning platform
A significant, innovative part of the Praxis Learning Environment is KK – the Kollaborative Klassroom – an extension of the traditional learning environment into the digital domain.
KK is a social network that allows students and faculty to interact and exchange ideas in a manner and at a pace that they are comfortable with. Course materials are distributed and assignments are submitted on this platform that allows students to learn from the work of others in an open and transparent manner.
Web 2.0 components like chat, messaging, calendars, discussion forums, blogs and theme based mini-groups enable a vast repository of user generated content. KK facilitates the creation and storage of intellectual property – the lifeblood of any academic institute – and allows easy search and retrieval on a secure basis. In addition, students use KK for the entire range of extra-curricular activities that elevates the traditional Praxis campus out of the ordinary and extends it to a point that is limited only by the imagination.
Overview
PGDM is a 2 year fully residential program aimed at combining the art and science of theoretical learning with the virtues of practical training.
The program is approved by All India Council for Technical Education (AICTE, Ministry of Human Resource Development, Government of India)
In order to ensure academic excellence, Praxis sought inputs from XLRI in its initial years. The program at Praxis is, on the one hand, rooted in the principles of academic rigor and discipline, and, on the other, designed to offer multiple touch-points with the industry.
Praxis offers specialization opportunities in traditional streams like Finance, Marketing, HR, Systems and Operations.
In response to the changing demand of the industry, and in order to train the students to take up industry-specific roles, Praxis has reorganized its curriculum to target four industry verticals. In addition to opting for one or more specializations, students are given the option of choosing an industry vertical as an area of concentration in the following verticals:
- Business Analytics & Data Science
- Digital Business Management
- Consumer Insights and Market Intelligence
- Banking, Investment and Project Finance
- Risk & Treasury Management
Soft-skills training, with emphasis on oral and written communication, are an integral part of the program. In addition to class-room training, the Praxis philosophy requires that there is intense industry interaction at various levels, in terms of live projects, site-visits, hands-on experience and visiting faculty lectures and workshops.
Program Objective
The program is designed to create ‘industry-ready’ business managers who can contribute meaningfully across varied sectors. The program aims to arm the students with the knowledge and skills that will enable them to perform well in the industry:
- Sound understanding of various functions of business like Finance, Marketing, HR, Systems and Operations and the interdependencies between these functions
- Ability to think and apply concepts in real-life situations across various verticals
- Building the Right attitude for a compelling career such as adopting ethics as the underlying imperative, maintaining punctuality and the sanctity of deadlines, and working effectively in groups
- Ability to maintain data discipline
- Understanding the importance of soft skills
Program Features
Faculty Profiles
Program Outcome
Program Coverage
Curriculum
The program is of two year duration, inclusive of a two-month summer internship
Core Courses | ||
Analytics for Managers | Macroeconomic Theory and Policy | Organizational Structure and Design |
Business Law | Managerial Communication | Production and Operations Management 1 & 2 |
Cost and Management Accounting | Managerial Communication | Quantitative Techniques 1 & 2 |
Financial Management 1 & 2 | Managerial Ethics | Sales and Sales force Management |
Financial Reporting and Analysis | Marketing Management 1 & 2 | Strategic Management |
Human Resource Management | Marketing Research | Strategic HR and Competency Mapping |
Information Technology Management | Organizational Behavior | |
Areas of Specialization: Human Resources, Finance, Marketing, Operations & Systems |
Elective Courses for Specialization | ||
Analytics | ||
Analytics Approach and Storytelling | Introduction to R | RDBMS and Data Warehousing |
Big Data Spark | Machine Learning 1 | Statistics 2 |
Data Visualization | Machine Learning 2 | Text Analytics |
Econometrics | Marketing Analytics | Web, Healthcare and Telecom Analytics |
Financial Services Analytics | Python | |
Finance | ||
Commercial Banking | Financial Statement Analysis and Valuation | Risk Management |
Derivatives | Fixed Income Securities | Treasury Management |
Econometrics | Project Appraisal and Financing | |
Human Resource Management | ||
Leadership & Personal Growth | Selection & Recruitment | Training & Development |
Marketing | ||
Advanced Marketing Research | Marketing of Financial Services | Retail Operations |
Business to Business Marketing | Product and Brand Management | Sales and Distribution Management |
Consumer Behavior | Retail Management | Sales and Salesforce Management |
Integrated Marketing Communication | ||
Operations & Information Systems Management | ||
Cloud ERP and Agile | Digital Marketing | Project Management |
Digital Asset Development and Management | E-Commerce and Multi-Channel Retail Supply Chain | RDBMS & Data Warehousing |
Digital Disruption-Theory and Cases | Logistics & Supply Chain Management | Total Quality Management |
This is only an indicative list of courses. Praxis reserves the right to add, delete, or modify courses according to the latest developments. Furthermore, an elective will be offered contingent upon a minimum number of students opting for it.
Core Course
Elective Course
Area Of Concentration
Industry Domains as Areas of Concentration
In response to the changing demand of the industry, and in order to train the students to take up industry-specific roles, Praxis has reorganized its curriculum to target four industry domains. In addition to opting for one or more specializations, students are given the option of choosing an industry domain as an area of concentration. The curriculum is co-created and co-delivered with industry experts and has real industry intervention at various points.
The domain areas are:
- Business Analytics & Data Science
- Commercial Banking & Project Finance
- Consumer Insights & Market Intelligence
- Digital Business Management
- Treasury & Risk Management
Business Analytics & Data Science
As information and communication technologies capture exponentially growing amounts of data, the need to mine this data and move it up the data-information-knowledge-insight value chain is growing stronger. Hence, Analytics is playing a pivotal role for businesses in the knowledge-driven world and India is poised to become the global hub in this domain.
Praxis offers an area of concentration in Business Analytics to meet this critical industry requirement. The courseware is created and delivered in collaboration with PwC and ICICI Bank who provide knowledge support and cover the application of Technology and Analytics in a business context. The pedagogy includes classroom lectures, assignments and lab-work so that participants get to ‘learn by doing’.
Analytics & Data Science | ||
Analytics Approach and Storytelling | Introduction to R | RDBMS and Data Warehousing |
Big Data Spark | Machine Learning 1 | Statistics 2 |
Data Visualization | Machine Learning 2 | Text Analytics |
Econometrics | Marketing Analytics | Web, Healthcare and Telecom Analytics |
Financial Services Analytics | Python |
Commercial Banking, Investments& Project Finance
This area is facing rapid transformation due to the impact of technology, data and digitization. Traditional banking and financial services have been affected in the areas of industry structure, the legal/ regulatory environment, service delivery systems, security markets and customer expectations.
The course comprises inputs in the areas of finance, marketing, analytics, operations and information technology management – enabling the students to understand the cross-functional play in the finance industry and preparing them to create successful careers for themselves in this area.
Commercial Banking & Project Finance | ||
Business to Business Marketing | Marketing of Financial Services | Retail Banking |
Commercial Banking | Project Appraisal and Finance |
Consumer Insights & Market Intelligence
Understanding of “consumer needs” and sourcing of “market-related data” have always been the starting points of all Marketing or Business activities. In today’s environment, the importance of these have increased manifold with larger availability of data on consumer transactions, growth in media channels, increase in online buying and even digitization of consumer feedback. Businesses stand to gain substantially if such plethora of data on consumer insights and market structures can be mined creatively.
Praxis Business School has created a unique course in this fast-growing area of Consumer Insights and Marketing Intelligence by integrating relevant subjects of Marketing, Analytics, IT and Operations. The program will be relevant for careers in Consumer Insights for several verticals like FMCG, Consumer Durables, Media, Banking, Telecom and Retail. It will also groom students for industries like Advertising and Market Research.
Consumer Insights & Market Intelligence | ||
Advanced Marketing Research | Product and Brand Management | Sales & Distribution Management |
Consumer Behavior | Retail Management | Sales and Salesforce Management |
Integrated Marketing and Communications | Retail Operations |
Digital Business Management
This area of concentration in Digital Business Management is aimed at preparing professionals in a business environment that is increasingly driven and disrupted by digital technology. There is a focus on learning relevant technologies to a reasonable depth through intensive hands-on assignments, projects and case studies backed by a sound background of theory and industry use cases.
Coverage will include understanding digital disruption, digital assets and their management, block chain and crypto-currency, cyber security, e-commerce and digital marketing.
Digital Business Management | ||
Advanced Analytics for Managers | Digital Asset Development and Management | Digital Marketing |
Cloud ERP and Agile | Digital Disruption-Theory and Cases | E-Commerce and Multi-Channel Retail Supply Chain |
Treasury & Risk Management
Corporates and Banks are implementing risk management practices to combat risks arising from the highly integrated and volatile financial markets. There is also a lot more focus on treasury and forex management functions to manage the volatility in forex rates and high levels of liquidity constraints.
Praxis has partnered ICICI Bank to offer a concentration in Treasury and Risk Management to leverage the demand for well-trained professionals in this field. The jointly developed curriculum captures both the relevant theory and practice elements.
Treasury & Risk Management | ||
Derivatives | Financial Statement Analysis and Valuation | Risk Management |
Financial Data Modeling | Fixed Income Securities | Treasury Management |
Program Fee
Two-year Post Graduate Diploma in Management 2021-2023
Particulars | Admission Fee (Within 1 week of Selection) | First (Within 28 days of Selection) | Second (October 15, 2021) | Third (June 15, 2022) | Fourth (October 15, 2022) | Total Amount |
Admission fee | 51000 | 51000 | ||||
Tuition Fee | 115000 | 115000 | 115000 | 115000 | 460000 | |
Library | 6000 | 6000 | 6000 | 6000 | 24000 | |
IT & Infrastructure Maintenance | 20000 | 20000 | 20000 | 20000 | 80000 | |
Course Material | 28000 | 28000 | 28000 | 28000 | 112000 | |
Hostel Fee* | 50000 | 50000 | 50000 | 50000 | 200000 | |
Total Amount | 51000 | 219000 | 219000 | 219000 | 219000 | 927000 |
Refundable Caution Deposit | 30000 | 30000 |
* Praxis provides residential accommodation within the campus with single room occupancy for its PGDM students. Students will have to bear the food charges at actual.
Refunds: As per AICTE Norms,
Laptop: Each student must have a wi-fi enabled personal laptop before the start of classes. For the Business Analytics program, the laptop has to be a 64 bit machine and should be equipped with minimum of 2 GB RAM.
Educational Loans: Students may approach any bank for educational loans. Praxis has loan arrangements with IDBI Bank, Behala Branch, Credila Financial Services, Avanse Financial Services for student loans, details of which would be furnished on selection.
Disputes: Any disputes are subject to the jurisdiction of Kolkata courts only.
Methodology
Praxis aims at combining the art and science of theoretical learning with virtues of practical training. The program at Praxis is on the one hand, rooted in the principles of academic rigor and discipline, and, on the other, designed to offer multiple touch-points with the industry.
Classroom sessions
The pedagogy at Praxis encourages students to think rather than learn by rote – the text book is a mere starting point. Faculty members expect students to come prepared with the concepts outlined in the text books – the class is the arena to take the discussion to a higher plane and to develop different perspectives.
Case studies
Case studies help in achieving three objectives. One, students get an opportunity to apply concepts to real life situations. Two, case studies require the students to discuss their points of view thus sharpening their analytical and communication skills. Three, case studies train students to assimilate multiple perspectives.
Term papers, business plans, book/article reviews
Term papers, book and article reviews ensure that the students seek knowledge beyond the text book. In some courses, students are required to create business plans – this requires them to understand the business environment, assimilate the different functional aspects of a business and create viable business models.
Projects
Projects give students exposure to the field and an insight into real life situations. The course will give an opportunity to students to handle ‘live’ projects, making their learning truly experiential.
Presentations
Students at Praxis are made to deliver a number of presentations. This exercise, which emphasizes both content and style, trains students to structure their thoughts and increases their confidence in public speaking
Tests
Quizzes, which are scheduled through the year, ensure that learning is a continuous process rather than a sporadic effort heightened during year-end examinations. These test the student’s ability to apply the concepts to simulations of real-life situations. To reflect this, most examinations in Praxis are ‘open-book,’ i.e., students are allowed to refer to their books during the tests.
Developing the right attitude
The curriculum at Praxis aims to instill the right attitude for a compelling career:
- Adopting ethics as the underlying imperative
- Maintaining punctuality and the sanctity of deadlines
- Maintaining data discipline
- Understanding the importance of soft skills
Soft skills
Praxis believes that the one attribute common to all successful managers is their soft skill proficiency – their ability to communicate, handle themselves at work and relate with people within and outside the organization they work for. The curriculum at Praxis understands the need to give soft skills training the place it deserves. Soft skill training modules will be part of each trimester of study and will attempt to improve the student’s listening, speaking and presentation skills and make the student confident of conducting himself/ herself in formal, boardroom kind of situations, without losing sight of the virtues of empathy and team-work.
Academic evaluation system
The institute’s evaluation system is designed to continually assess the student’s performance with respect to the required standards of academic achievement. Apart from examinations, a student’s performance is assessed on the basis of participation, preparation of assignments, performances in projects, mid-term tests and surprise quizzes. The institute expects a minimum standard of academic performance for the award of the certificate. Failure to meet the minimum standards of performance would require a student to discontinue the program
You may click here to view the Manual of Policies
Eligibility
Eligibility for the PG Diploma in Management
- Graduates who have completed three years of Bachelor’s degree or equivalent in any discipline recognized by a university or deemed university with a minimum 50% marks are eligible to apply. Those completing their final examination may also apply.
- Post-Graduates who have completed two years of Masters degree or equivalent in any discipline recognized by a university or deemed university are eligible to apply.
- As per All India Council for Technical Education, Ministry of HRD, the candidates need to submit a valid score in one of the entrance examinations like CAT, XAT, CMAT, MAT, ATMA or GMAT
Campus
The 2 year AICTE approved PG Diploma in Management (PGDM) is offered from the Praxis residential campus at Bakrahat Road, Next to Gems Akademia International School, P.O. Rasapunja, 24 Parganas South, Joka, Kolkata – 700104
Online Fee Payment
Online Fee Payment for PG Diploma in Management
Please note
- For transferring the fee online towards the course fee, the following payment gateway changes would need to be borne by the student:
-
Details Charges Credit Cards Transactions 1.1*% + Taxes as applicable Net Banking Transactions Rs 20*/- + Taxes as applicable Debit Cards Transaction (above Rs. 2000/-) 1.0* % + Taxes as applicable International Cards 2.65* % + Taxes as applicable Amex 1.40* % + Taxes as applicable Wallets (Money on Mobile/ MobiKwik / Oxigen / Pay u Money /Citrus Money) 1.95* % + Taxes as applicable Cash Collection Centre 2.00* % + Taxes as applicable UPI Rs18
- You would be re-diverted to a payment gateway by Schoolpay
- The payment is collected in to the bank account with the name ‘Praxis Business School Foundation
Click here to pay the fees