MBA is a Master’s degree and only recognized universities or colleges affiliated with such universities are allowed to offer the degree in Business Administration whereas PGDM is a course offered by colleges which are not affiliated with recognized universities or are not authorized to offer degrees. And therefore they offer Diploma courses which in a broader view come at the same level as MBA.
A student pursuing MBA will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines whereas A student pursuing a PGDM course will be gaining knowledge regarding building soft skills and the Programme is more industry-oriented. An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.