The main reason why postgraduate courses are named as PGDM is because when an Institute is an autonomous body i.e. not affiliated to any University and conducts management courses then such Institutes cannot offer MBA degree.
Master of Business Administration, only Universities can grant MBA degrees.However, one should remember that it is not important whether a student pursues PGDM or MBA. The institution where he is studying is of importance and enhances their employability. If you pursue your management studies from a reputed college which is recognised and offers decent placements, then your chances of employment are better.
4th August 2013 From India, Mumbai