Is AIU approval is important for pgdm?I heard that without AIU approval you can't pursue phd and apply for govt job like banking sector .
But incase you are pursuing a PGDM which is not AIU approved, you can consider going for a FPM degree instead of PHD, FPM is similar to PHD and is equally recognised. Incase you don't wish to go for FPM, you will have to invest one extra year in pursuing an executive MBA and thereafter you can go for you PHD.
Lastly, in case of government jobs, not all government jobs require you to hold a post graduate degree.