Dear Mr Nair,
Thanks for your valuable reply.
But according to my belief,Knowledge is the main key to achieve success in any field.
Though I know recruiters will give preference to MBA students only but what about the students who have done PGDHRM (One Year),It will not worth if they will learn anything,but if the student is a good learner and seeker,he or she can achieve any thing in life.
There are so many people who can devote 2 years of their time in persuing 2years MBA,a brief,summarised and time saver PG diploma is boon for them
Thanks