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The postgraduate courses at Parasakthi College of Education Madurai include a Master of Education (M.Ed) with an intake capacity of 50 students, a Master of Computer Applications (MCA) with a duration of 2 years, and a Master of Business Administration (MBA) with a duration of 2 years. The MCA course is divided into 4 semesters, with the first semester starting in July and the last semester concluding in June. The MBA course is divided into 4 semesters, with the first semester starting in July and the last semester concluding in June,
The scholarships at Parasakthi College of Education Madurai include the Sri Parasakthi Merit Scholarship worth Rs 10,000 per annum for students securing a minimum of 80% marks in their B.Ed. programme. The institution also offers the Sri Parasakthi Need-Based Scholarship worth Rs 5,000 per annum for students from economically backward backgrounds. Additionally, the college provides the Sri Parasakthi Meritorious Scholarship worth Rs 15,000 per annum for students securing a minimum rank of 10 in the Tamil Nadu Teacher Eligibility Test (TNET).