I am currently in my 3rd year of my degree and want to know the fundamental difference between an MA and a PG Dip. The PG Dip courses seem to be more tailored to taking you onot a job, whereas the masters more acedemic, is this really the case and do employers look upon PG Dip's as a lower qualification??

A PG Dip usually takes less time than a Masters degree and may have less stringent entry requirements for the course. Often they are shortened versions of Masters programs and many courses offer the option of transferring to a Masters course. Consequently a PG Dip is usually an easier qualification to obtain than a Masters degree. Assuming you feel capable of completing either course you need to find out which one will provide the gateway to your chosen career.

These things are both subject and career specific and you'll need to consult a careers advisor or contact relevant employers for information.