Most PGDM courses in India are approved by AICTE and accepted in the Indian job market but not considered as an MBA degree abroad. Thus applicants who apply to overseas universities have to undertake a post graduation degree but with the ‘MBA equivalent’ status SDMIMD students can seamlessly pursue further education, added the release. “This also opens up more job opportunities overseas,” the release quoted Professor Ramesh Venkateswaran, Director, SDMIMD as saying.