FPGDST : Full TIme Post Graduate Dipl;oma in Advanced COmputing.
This course is being offered by NCST (National Center for Software Technology, now merged in CDAC). Mumbai and Bangalore are the centeres, i think and is a one year course.
COurse wise, it is better than DAC as it lays a better foundation.
But i would suggest you to try getting into DAC from CDAC centeres at Pune, Bangalore and Mumbai; since the placement scene is way better for DAC.
I am DAC Aug 04 batch pas out (CDAC Pune).
Ask for any info, if you need. I can help.