Hi Vivek,
According to the University Grants Commission Act, universities and university-level institutions, including deemed universities, alone can award MBA and related degrees. The institutions outside the university system can award postgraduate diplomas.
All institutions offering PG programmes in management should obtain the approval of the All India Council for Technical Education (AICTE). PG Diplomas in Business Administration / Management awarded by very few institutions are approved by the AICTE or recognised by the Association of Indian Universities (AIU) as equivalent to the corresponding masters degree/MBA.
Deemed universities can also offer MBA or Master's Degree in Management. The AIU is the appropriate authority for granting recognition.
The reputation of the institution within the industry, the quality of the faculty, infrastructure, placement record, location of the institute, etc. are the factors that need to be taken into account before choosing a masters programme or a PG diploma.
It is not important whether you pursue PGDM or MBA. The institution where you are studying is of paramount importance and enhances your employability.
Those who pass out from reputed institutes get better job opportunities in multinational companies in the executive/managerial posts.
IIMs, Xavier Labour Relation Institutes (XLRI), Jamshedpur, Xavier Institute of Management (XIM), Bhubaneswar, Jamnalal Bajaj Institute of Management Studies, Mumbai, Narseemonjee Institute of Management Studies, Mumbai, S.P. Jain Institute of Management and Research (Andheri West) Mumbai, Barathidasan Institute of Management (BIM) Tiruchirapalli, etc. are some of the top institutes offering PG programmes in management.
I will check out and advise you on the telecom management course in a couple of days.
Regards,
AJ