Course Description

ISM Patna offers a two-year full time Postgraduate Diploma in Management (PGDM), equivalent to MBA, approved by All India Council for Technical Education (AICTE), Ministry of HRD, Govt. of India. It is a well researched programme designed specifically to cater to the needs of Industry. The entire PGDM/MBA program has been divided into 6 trimesters. In the first year of the program, students learn the fundamentals of management. In the second year they are offered to choose from the different specializations offered by the college. presently specialization in the areas of - Marketing, Finance, Human Resource, IT Management etc . are being offered. At the end of the first year students are required to do two month internship in companies, which exposes them to real work situations and helps them integrate and synchronize their conceptual understanding with business realities.

The core focus of the course is the development of global leaders with strong technical business knowledge and to foster innovation. Team based learning forms the core of the teaching methodology of the course.

Our Specialization In


Every work demands for unique strategies, innovative idea to enhance sales, create market for the new or existing product, right pitch to promote the product and so on. ISM Patna offers specialized domain knowledge in Consumer Behaviour, Service Marketing, Integrated Marketing Communication, Sales and Distribution and New Product Development.
In-depth knowledge of financial terms, its application, new laws related to taxation, policies framed by the government and its effect plus impact on the income of an individual as well as the organization, and many such topics should be on the tip of the tongue of the students of finance. The subjects such as Management of Banking and Financial Services, Security Analysis and Portfolio Management, Derivatives and Risk Management, International Finance, etc. widens the knowledge and analytical skills of the students.
To establish ‘Happy Organization’, a congenial workplace for the employees, better training and development programs are few of the common roles of the HR professional. Here at ISM Patna, students are prepared for generalist profile as well as for consultancy role. Manpower Planning, Training and Development, Performance Appraisal, Recruitment and Selection, Compensation Management – these technical papers do enhance the understanding of the students who will cater the role of HR in different organizations.
The convergence of computing and Telecommunication technologies and digitalization has revolutionized the way of Management. Its impact is witnessed in business practices in the last decade. The wide use of this technology will make it pervasive in the near future. So, in this specialization students will learn the theoretical background of Business Intelligence and Data mining, Business & Data communication networks, Cyber Law, Business modelling through System Dynamics, etc. and issues related to the next generation network.

PGDM Programme Structure

The PGDM Programme extends over a period of 21 to 24 months, involving six trimesters with a summer internship at a professionally managed organization. The programme is carefully designed keeping in view the changing needs of the domestic as well as global business environment. All through the first year, students are exposed to basic concepts in the areas of Marketing, Finance, Quantitative Methods, Operations, Behavioural Sciences and Strategy through the core courses. These shall lay the foundations for all the functional areas of management and help the students develop an elaborate understanding about the different aspects.


During second year, students are open to choose from a range of electives to concentrate on functional areas of their interest. The areas offered at present are Marketing, Finance, Human Resources, and IT/Information Systems.

A lot of emphasis during the PGDM has been laid on industry based and research projects. The students, over the period of years are expected to conduct research on various aspects of management and subject it to the scrutiny and evaluation by the faculty. This is aimed at increasing the levels of comprehension the students possess in the respective topics.

Credits & Course Hours

Trimester No. of Course Average Credit / Course Total Credit Class Room
Contact hrs
Out of Class
Work hrs.
I to III 6x3=183545401260
Internship SIP330375
IV to VI 6x3=183545401260

Trimesters and Courses

First Year

Trimester 1
Trimester 2
Trimester 3
Financial Accounting and Decision Making Marketing Management-I Financial Management-I Marketing Management-II Financial Management-II Strategic Management-I
Organizational Behaviour-I & II Micro Economics (Managerial Economics – I) Cost Accounting and Decision Making Macro Economics (Managerial Economics – II) Operations Management-I & II (MOM & SOM) Managing Work Place Dynamics and Employee Collectives
Quantitative Methods-I Human Resource Management Business Analytics & Quantitative Methods-II (Operation Research) Legal Aspects of Business Business, Environment and Society Research Methodology / Business Research Methods
Business Communication (Written Analysis and Communication) Government Systems & Policy Process Management Information Systems Corporate Social Responsibility Entrepreneurship and Business Simulation Business Ethics

Second Year

Trimester IV
Trimester V
Trimester VI
Strategic Management - II Elective – I (Minor) Elective – VI (Minor) Elective – VII (Minor) Elective – XII (Minor) Elective – XIII (Minor)
Elective – II (Major) Elective – III (Major) Elective – VIII (Major) Elective – IX (Major) Elective – XIV (Major) Elective – XV (Major)
Elective –IV (Major) Elective – V (Major) Elective – X (Major) Elective – XI (Major) Elective – XVI (Major) Elective – XVII (Major)

Elective Subjects

Marketing Electives

  1. Services’ Marketing
  2. Advanced Marketing Research
  3. Consumer Behaviour
  4. Sales and Distribution
  5. Integrated Marketing Communications’
  6. B2B Marketing
  7. Rural Marketing
  8. Customer Relationship Management
  9. Brand Management
  10. New product development)
  11. Retail Management
  12. International Marketing
  13. Pricing
  14. Digital Marketing
  15. Exports Management
  16. Market Research and Information Systems
  17. Neuroscience and Consumer Behaviour
  18. Strategic Marketing
  19. Marketing Management in the World of High Technologies and Innovation
  20. Customer Based Business Strategies
  1. Business Analysis and Valuation
  2. Security Analysis and Portfolio Management
  3. Banking Management
  4. International Finance and Forex management
  5. Financial Derivatives
  6. Financial Risk Management
  7. Investment Banking
  8. Mergers, Acquisitions & Corporate Restructuring
  9. Project Appraisal Finance
  10. Financial Analytics
  11. Fixed Income Securities
  12. Behavioural Finance
  13. Financial Markets
  14. Financial Modelling
  15. Fraud Risk Assessment & Governance Mechanism
  16. Valuation of Firms
  17. Pricing & Hedging Derivative Securities
  18. Futures, Options and Risk Management
  19. Trading Strategies
  20. Securities Regulation
  21. Optimization Methods in Finance
  1. IR & Labour Laws
  2. Leadership in Emerging Context
  3. Strategic HRM
  4. Compensation Management
  5. Competency & Talent Management
  6. Organizational Development
  7. Performance Management System
  8. Talent and Competency Management
  9. Conflict & Negotiation
  10. Training & Development
  11. International HRM
  12. Role of HRM in M & A/Turnaround
  13. H R Management in the Service Sector
  14. Games People Play: Psychology of HRM
  15. Business Turnaround and Organizational Transformation
  16. Business & Society
  17. Personal Competencies for International HRM
  18. Understanding Indian Workplaces
  19. Leadership in Professional Service Firms
  20. Strategic Negotiation Skills for Leaders
  21. Power and Politics in Organizations
  1. Business Analytics
  2. Data Mining
  3. Big Data Analytics
  4. Consulting in e-Governance: From Vision to Implementation
  5. Digital Inclusion for Development
  6. Business Intelligence
  7. Data Visualization for Decision Making
  8. Enterprise Digital Infrastructure
  9. Strategies for Internet Economy
  10. Digital Strategies in Business
  11. IT in Service Operations
  12. IT in Supply Chain Management
  13. Business Process Reengineering
  14. Business models for e-commerce
  15. IT in Lean Enterprise
  16. Business models for e-commerce
  17. Strategic Communication in the Digital Era