Both programs are very different in their structure, content, and delivery. Under the PGDM program, all students undergo a common set of core courses during their first year of study, which give them a strong foundation of all functional areas of management. During their second year, they choose their Major area for specialization (26-28 credits) along with a minor area (12 credits). Finance as an area can be chosen either as a Major or Minor area of study. On the other hand, the BKFS program structure has a very different first-year course which provides a strong foundation in Accounting, Finance, Economics, and Statistics along with other allied courses. For the Second year, the student chooses between either Capital Markets or Banking as an area of Specialization. In summary, the entire BKFS structure is designed to prepare a candidate as a specialist in the domain of Capital Markets / Banking, while the PGDM program is designed to prepare a candidate for a career in general management with a focus in a chosen functional area.