Master Of Management Studies
About the MMS Course
- Master in Management Studies is a 2-year postgraduate program that introduces all the business management subjects.
- It has been designed to offer managerial and leadership skills to the students.
- The course includes subjects like Perspective Management, Financial Accounting, Business Statistics, Operations Management, Managerial Economics, Marketing Management, Human Research Management, Business Research methods, etc.
- The course offers specialization in 5 areas i.e, Finance, Marketing, Human Resource, Information Systems, and Operations.
- The MMS course seems to be confused with MBA, but it is an entirely different pursuit. It is designed for freshers, who have just graduated and looking to expand their knowledge of management studies or planning to switch domains into management studies.
Highlights
| Course Name | master in management studies |
| MMS Full Form | master in management studies |
| Course Type | Postgraduate |
| Duration | 2 years. |
| Examination Type | Semester-Wise. |
| Eligibility | Graduation in any discipline or equivalent from a recognized university. |
| Admission process | Entrance Exam based on their results. |
| Course Fee | INR 50,000 to INR 10,00,000 |
| Course Average Salary | INR 3,00,000 to INR 8,00,000 |
| Top Recruiting companies | McKinsey & Company,JP Morgan ,Boston Consulting Group, Merrill Lynch & Co, Philips India Ltd., ITC, Bajaj Auto, Infosys etc. |
| Job Position | Business Manager, Account Manager, Brand Manager, Project Manager, Management Consultant, Investment Banker, Equity Research Analyst, Card Payments Operations Head, Hedge Fund Manager |
Types of master in management studies Courses
master in management studies can be pursued in full-time as well as in part time education. The course is available in Regular or Distance Learning mode and Online mode. Most of the colleges/ universities offer the course in full time mode however there are few colleges which offer the master in management studies course through Distance Education Learning. The students can opt for any mode of learning depending upon the way which is convenient for them.
Full Time Course
master in management studies is usually available as a full-time course and states that the students are supposed to attend all the lectures for the course physically for the entire 2-years till their PG is completed. They’re even supposed to do all the project as well as assignment work and to give all the internal evaluation exams.
master in management studies focuses on the understanding and creation of the latest and modern designs and systems. Students are required to submit their projects based on their research in the same field
Online Course
There are some popular online platforms such as Coursera, edX, Skillshare and many others. Apart from online platforms many foreign universities or colleges offer the online courses as well. Candidates can opt for the various popular online courses offered in the field of management. The enrollment for these online courses is very easy, aspirants just need to visit the official website of the course provided, select for their desired course and pay the fees.
Some of the popular online course in the field of management are given below in the table chart:
| Course name | Platform | Average Fees |
|---|---|---|
| Leadership and Management Courses | Coursera | Free |
| Online Management & Leadership Courses | edX | Free |
| Essential Business Courses | Harvard University | NA |
| Executive Program in Management | Columbia Business School | NA |
| Management Courses | Udemy | INR 1,776 |
Admission Process
- The Admission Into The MMS Course Is Based On Aptitude Tests Like MHT-CET, CAT, CMAT, XAT, Etc, And CAP Round Conducted By DTE, Followed By Group Discussion And Personal Interview.
- The Candidates Who Have Cleared The Cut-off In Any Of The Above-mentioned Exams Can Then Apply To The Institutes For The MMS Program, Both Online And Offline
- They Will Have To Register Themselves And Fill The Online Application Form Along With The Scores Of Any Of The Aptitude Exams They Have Appeared For.
- Once The Candidates Are Done With Filling The Application, They Will Have To Pay The Application Fees.
- The Candidates Will Be Evaluated Based On Their Aptitude Test Scores And The CAP Round.
- Then The Merit List Of The Shortlisted Students Will Be Released And They Will Be Called For Group Discussion And A Personal Interview.
- The Students Selected Will Be Sent An Offer Letter For Admission.
- Once The Candidate Accepts The Offer Letter And Pays The Admission Fees, They Will Be Enrolled In The Course
Eligibility Criteria
The Candidates Who Are Interested In Applying For The MMS Program Should Fulfill The Following Eligibility Criteria:
- They Should Have A Bachelor's Degree In The Field Of Study From An Institute Recognized By The Ministry Of HRD, Govt Of India.
- They Should Have A Minimum Aggregate Of 50% Or 45% For The Backward Class Categories.
Master Of Management Studies(MMS) Entrance Examination
There Are Many Entrance Exam Available For Admission In The MMS Program. Candidates Who Are Going For Admission Will Have To Appear For Any Of The Exams In Order To Get Selected.
- Maharashtra Common Entrance Test (MHCET) For MBA/MMS/PGDBM/PGDBA
- Graduate Management Aptitude Test (GMAT)
- Common Aptitude Test (CAT)
- AIMS Test For Management Admissions ATMA
- Rajasthan Management Aptitude Test Exam (RMAT)
- Management Aptitude Test (MAT)
- Andhra Pradesh Integrated Common Entrance Test
Preparation Tips For Master Of Management Studies
Master Of Management Studies Students Can Prepare Themselves By Learning The Basics Of Management. Master Of Management Studies Students Can Refer To Many Books On The Economy, Business, Finance To Review And Practice Technical Skills-based Questions. Students Can Follow Some Of The Tips Mentioned Below For Master Of Management Studies Course Preparation:
Knowledge Of The Exam Paper Pattern: The Essential Step In Preparing Well For The Entrance Exam Is A Deep-rooted Understanding And Comprehension Of The Paper Pattern And The Syllabus.
Enrolling In Coaching Institutes: A Coaching Class Or A Tutor Is A Bonus, Especially For Clearing The Entrance Exam. The Teacher Will Help A Candidate Focus On Weaker Zones And Aid In Practice And Comprehension Of Topics.
Practice Makes Perfect: Students Should Practice And Revise Before The Exam To Reduce Unnecessary Pressure One Day Before The Examination.
Why Study Master in Management Studies?
- Master in Management Studies offer diverse opportunities in various unique profiles such as Account Manager, Business Manager, Brand Manager and many more.
- Master in Management Studies helps the students to gain in-depth understanding of project management and business statistics.
- Post completing the course candidates will land a better job with higher pay package and better management position.
- MMS course is a fantastic networking opportunity given faculty and industry exposure in a curriculum.
- MMS courses are generally cheaper than MBA courses thus giving you specialization at lower cost. It costs around INR 50,000 to 10,00,000 per annum while an MBA course can cost you around 20,00,000 per annum.
- Due to international partnerships between top enterprise schools and agencies, graduates can expect a high profile job not only in India but also in foreign countries as well.