Compared to an MBA from a low-ranked school, a better alternative would be to use the PGDip as credit towards an MSc from a well-ranked university. In terms of well regarded schools, I'd start by asking Warwick, Henley and Ashridge what's possible. The Open University would be worth asking too.
For credit accumulation and transfer, a PGDip counts as 75% of an MSc. Each school may ask to see your transcript and add its own requirements. Obviously, a PGDip from Oxford is going to count considerably more than a PGDip from Portsmouth.
Compared to an MBA from a low-ranked school, a better alternative would be to use the PGDip as credit towards an MSc from a well-ranked university. In terms of well regarded schools, I'd start by asking Warwick, Henley and Ashridge what's possible. The Open University would be worth asking too.
For credit accumulation and transfer, a PGDip counts as 75% of an MSc. Each school may ask to see your transcript and add its own requirements. Obviously, a PGDip from Oxford is going to count considerably more than a PGDip from Portsmouth.