About Post Graduate Diploma in Management [PGDM]
The Post Graduate Diploma in Management (PGDM) at Thakur Global Business School (TGBS), Mumbai is a 2-year, full-time, AICTE-approved flagship program designed to shape students into mindful, visionary leaders ready for the global business environment. The program offers specializations in Finance, Marketing, Human Resource Management, Business Analytics, and Operations. Total fees for the program are Rs. 11,00,000 (Rs. 5,50,000 per year). The program has an intake of 120 students and is approved by AICTE, DTE, and the Government of Maharashtra. TGBS is ISO 21001:2018 certified and ranked 2nd in Mumbai among Top Emerging Institutes in the Times B School Ranking Survey 2024 and 2025. The program is popular for its strong industry connections, experiential learning approach, and placement record with a highest CTC of 15 LPA and average CTC of 6 LPA.
Admissions for the 2026-28 batch are currently open at TGBS Mumbai. Applications can be submitted online through the official admissions portal (admissions.tgbsmumbai.in). The admission process involves submission of valid entrance exam scores (CAT/XAT/CMAT/MAT/ATMA/CET), followed by Group Discussion (GD) and Personal Interview (PI). The 2026-28 batch is expected to commence in June-July 2026.
Key Points
- AICTE-approved PGDM program with specializations in Finance, Marketing, HR Management, Business Analytics, and Operations.
- Ranked 2nd in Mumbai among Top Emerging Institutes in Times B School Ranking Survey 2024 and 2025, and recognized with 'Excellence in Business Education' at MID-DAY Education Icons 2024.
- Strong placement record: Highest CTC of 15 LPA and Average CTC of 6 LPA, with 200+ power brands as recruiters including HDFC, ICICI, Godrej, Tata, HUL, Nomura, Kotak, and Zepto.
- International collaborations with Whitireia (New Zealand), Seneca College (Canada), Saskatchewan Polytechnic (Canada), RIT Dubai, and LIBF (UK) for global immersion programs.
- Industry certifications, ICT-enabled learning, live projects, industrial visits, and alumni mentorship are integral parts of the curriculum.
TGBS PGDM Fees
Fee Structure
| Fee Component | Year 1 | Year 2 | Total (2 Years) |
|---|---|---|---|
| Tuition Fees | Rs. 5,50,000 | Rs. 5,50,000 | Rs. 11,00,000 |
| Total Fees (excluding hostel) | Rs. 5,50,000 | Rs. 5,50,000 | Rs. 11,00,000 |
Hostel Fees (Optional)
| Hostel | Amount |
|---|---|
| Hostel (Meal plan included) | Rs. 1,26,000 per year (Rs. 2,52,000 for 2 years) |
- The total tuition fees of Rs. 11,00,000 cover the entire 2-year PGDM program.
- Hostel accommodation is optional; hostel fees of Rs. 2,52,000 (for 2 years, meal plan included) are not included in the total course fees above.
- Educational loans are available through leading banks; the institute facilitates the loan process for eligible students.
- Merit-based scholarships and fee waivers may be available for eligible candidates; students are advised to inquire at the time of admission.
- The fee structure marked with * on the official website may be subject to revision; students should confirm the latest fee structure at the time of admission.
TGBS PGDM Admission 2026
PGDM Admission Dates (2026-28 Batch)
| Event | Date |
|---|---|
| CAT 2025 Result | December 24, 2025 |
| CMAT 2026 Exam | January 25, 2026 |
| CMAT 2026 Result | February 13, 2026 |
| XAT 2026 Result | January 16, 2026 |
| MAT 2026 (May PBT) Registration Deadline | May 25, 2026 |
| MAT 2026 (May PBT) Exam | May 31, 2026 |
| MAT 2026 (May CBT) Registration Deadline | June 8, 2026 |
| MAT 2026 (May CBT) Exam | June 14, 2026 |
| TGBS Admissions Open | Ongoing |
| GD/PI Rounds | Rolling basis (after score submission) |
| Batch Commencement (Tentative) | June-July 2026 |
Entrance Exams Accepted
| Exam | Exam Date | Result Date |
|---|---|---|
| CAT 2025 | November 30, 2025 | December 24, 2025 |
| XAT 2026 | January 4, 2026 | January 16, 2026 |
| CMAT 2026 | January 25, 2026 | February 13, 2026 |
| MAT 2026 (Feb PBT) | March 1, 2026 | March 14, 2026 |
| MAT 2026 (Feb CBT) | March 8, 2026 | March 18, 2026 |
| ATMA 2026 (May) | May 3, 2026 | To be announced |
| Maharashtra CET (MH-CET) | As per DTE Maharashtra schedule | As per DTE Maharashtra schedule |
| GMAT | Year-round (valid score) | Immediate |
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Candidates must hold a Bachelor's degree in any discipline from a recognized university with a minimum of 50% aggregate marks (45% for reserved category candidates).
- Candidates appearing in the final year of their graduation are also eligible to apply, subject to submission of final marksheets before joining.
- Valid scores in any of the accepted entrance exams: CAT, GMAT, MAT, XAT, ATMA, or Maharashtra CET.
Admission Process
- Submit an online application through admissions.tgbsmumbai.in along with valid entrance exam scores.
- Shortlisted candidates are called for Group Discussion (GD) and Personal Interview (PI) rounds conducted by TGBS.
- Final selection is based on a composite score of entrance exam performance, academic record, GD/PI performance, and work experience (if any).
- Selected candidates receive an admission offer and must confirm their seat by paying the requisite fees within the stipulated deadline.
- Final enrollment is completed after document verification at the institute.
TGBS PGDM Scholarships 2026
Scholarship Details
| Scholarship | Eligibility | Benefit |
|---|---|---|
| Merit Scholarship (TGBS) | Students with high entrance exam scores and strong academic record | Fee waiver/reduction (as per institute norms) |
| Maharashtra State Government Scholarship (OBC/SC/ST/EWS) | Students from reserved categories (Maharashtra domicile) | As per state government norms |
| Bank Educational Loan | All eligible students | Covers tuition and hostel fees; facilitated through bank tie-ups |
- Scholarship details and amounts are subject to change; students are advised to confirm the latest scholarship offerings with the admissions office at the time of application.
- Students from reserved categories in Maharashtra may be eligible for state government scholarships; relevant documents must be submitted at the time of admission.
- Bank educational loans are available through the institute's tie-ups with leading banks, covering both tuition and hostel fees.
- Students with strong CAT/XAT/CMAT scores may be eligible for merit-based fee concessions; details can be obtained from the admissions office.
TGBS PGDM Placement 2026
Placement Statistics
| Placement Statistic | 2024-25 |
|---|---|
| Highest CTC | 15 LPA |
| Average CTC | 6 LPA |
| Top Recruiters | HDFC, ICICI, Godrej, Tata, HUL, Nomura, Kotak, Zepto, Amul, Britannia, Lodha, Piramal, Morningstar, Datamatics, BNP Paribas |
| Number of Recruiting Companies | 200+ Power Brands |
TGBS PGDM FAQs
Ques. Is TGBS Mumbai's PGDM equivalent to an MBA degree, and is it recognized for government jobs or higher studies abroad?
Ans. The PGDM at TGBS Mumbai is an AICTE-approved Post Graduate Diploma in Management, not a UGC-recognized MBA degree. While it is widely accepted by the corporate sector and is equivalent to an MBA for most private sector jobs, it may not be treated as equivalent to an MBA degree for government jobs that specifically require a UGC-recognized degree. For higher studies abroad, recognition depends on the specific university and country. Students planning to pursue further studies abroad should verify the equivalency with the target institution before enrolling.
Ques. What specializations are available in the PGDM program at TGBS Mumbai, and how are they chosen?
Ans. TGBS Mumbai offers five specializations in its PGDM program: Finance, Marketing, Human Resource Management, Business Analytics, and Operations. Students typically choose their specialization at the end of the first year or trimester, based on their academic performance, interest, and career goals. The institute provides counseling and guidance to help students make an informed choice. Dual specialization options may also be available; students are advised to confirm this with the admissions office.
Ques. What is the typical profile of students who get placed at 15 LPA (highest CTC) from TGBS Mumbai?
Ans. The highest CTC of 15 LPA at TGBS Mumbai is typically achieved by students with strong academic backgrounds, relevant internship experience, and specializations in Finance or Business Analytics. Roles that command higher packages include equity research, investment banking, financial analysis, and data analytics. Students who actively participate in live projects, industry certifications (such as NISM, CFA Level 1, or Bloomberg), and maintain a strong GPA tend to secure the top packages. The average CTC of 6 LPA reflects the broader placement outcome for the batch.
Ques. Does TGBS Mumbai offer any international exposure or global immersion programs as part of the PGDM?
Ans. Yes, TGBS Mumbai has international collaborations with Whitireia (New Zealand), Seneca College (Canada), Saskatchewan Polytechnic (Canada), RIT Dubai, and LIBF (UK). These collaborations facilitate global immersion programs, student exchange opportunities, and international exposure for PGDM students. The institute also organizes industrial visits and international study tours as part of the curriculum. Students interested in global immersion should inquire about the specific programs and associated costs at the time of admission.
Ques. What is the minimum CAT/CMAT score required for admission to TGBS Mumbai's PGDM program?
Ans. TGBS Mumbai does not publicly disclose a specific minimum cutoff score for CAT or CMAT. The selection is based on a composite score that includes entrance exam performance, academic record, GD/PI performance, and work experience. Students with moderate CAT/CMAT scores (50th percentile and above) have been admitted in the past, making TGBS a viable option for students who may not have top-tier scores but have strong overall profiles. Students are encouraged to apply and appear for the GD/PI rounds to assess their candidacy.
Ques. Are there any industry certifications or value-added programs included in the PGDM curriculum at TGBS Mumbai?
Ans. Yes, TGBS Mumbai integrates industry certifications and value-added programs into its PGDM curriculum. These include certifications from NISM (National Institute of Securities Markets), Bloomberg, and other industry partners. The institute also has collaborations with Imarticus Learning, Middle Earth HR, and AIMA for specialized training programs. ICT-enabled learning, live projects with industry partners, and campus-to-corporate training programs are integral parts of the curriculum, ensuring students are industry-ready upon graduation.