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M.M.S (Master of Management Studies) - Course, Subjects, Eligibility, Fees, Admission, Cut Off, Scope

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M.M.S (Master of Management Studies) - Course, Subjects, Eligibility, Fees, Admission, Cut Off, Scope

Edited By Moksh Dheri | Updated on Apr 24, 2024 05:40 PM IST | #M.M.S

MMS or Master of Management Studies is a professional postgraduate degree programme in the field of management. MMS is widely regarded as one of the most popular courses amongst the aspirants wishing to study management in detail. MMS course subjects include Prospective Management, Financial Accounting, Operations Management, and Business Ethics. It also helps the students to strengthen their management and problem solving skills. Students can work in various areas such as management, consultancy, finance, administration, and banks.

Students from any background can opt for the MMS or Master of Management Studies course after their bachelor’s degree in streams similar or related to management. MMS course duration is two years which is divided into four semesters. Admission to the MMS degree depends on the entrance examination, group discussion and personal interview process.

The career options available after completing the MMS course are Business Consultants, Brand Manager, Marketing Manager, Finance, and Project Manager. The course also offers handsome salary packages and attractive job roles. THe average salary of a manager in India is Rs. 15.81 Lakhs depending on the company and their experience.

What is MMS Full Form?

The MMS full form is Master of Management Studies, one of the most popular management courses for candidates from any branch, such as Science, Arts and Commerce. Masters in Management Studies or MMS course is a two-year-long postgraduate management degree programme. The Master of Management Studies or MMS course is divided into four semesters in the span of two years.

Highlights- MMS

ParticularsValues

Degree

MMS

Full Form

Master of Management Studies

Level

Postgraduate

Duration

2 years

Admission

Entrance Exam/Merit

Eligibility Criteria

Bachelor’s degree with aggregate score of 50 per cent from a recognised university in India.

Top Recruiters

Google, NTPC, ITC, Citibank, Larsen and Toubro, and Nestle

Careers Options

Management Consultant, Recruitment Managers, Project Managers, HR Business Partners, Equity Research Analyst, Brand Manager, Account Manager, IT Services Marketing Head, Card Payments Operations Head. Marketing Manager

MMS Duration

The duration of the MMS course is generally two years spread across four semesters. Students who have successfully completed their bachelor’s degree can apply for the same.

MMS Fee Structure

MMS course fees vary depending on the university and the type of management college. Before enrolling in any particular college, students should check the MMS admission process, MMS eligibility criteria and MMS course fees. The average MMS course fee ranges from Rs. 39,000 to Rs. Rs. 4.60 Lakhs.

Why Choose MMS?

MMS or Master of Management Studies degree has many advantages, it helps the students develop leadership and managerial skills and help them become successful managers. Masters in Management Studies (MMS) provides students with a strong base in Business, Accounting, Economics and Marketing related topics. After completing the MMS course, if the candidate wants to pursue higher studies, they can also opt for a Ph.D in streams similar or related to management and business administration.

MMS Course Eligibility Criteria

For MMS admissions, there are some MMS eligibility criteria that have to be met by the students. Most of the MMS eligibility criteria are almost similar to the other postgraduate degree programmes in the field of management, some colleges may have some additional requirements. Listed below is the eligibility criteria of a MMS degree course.

  • Students who have completed their bachelor’s degree of minimum three years in any discipline with aggregate score of 50 per cent. Candidates who have appeared for the final examination of the bachelor’s degree and are awaiting their results are also eligible.
  • There may be a relaxation of 5 per cent for the candidates belonging to the reserved categories such as SC/ST/OBC.

Skill Required for MMS Degree

Students who want to pursue an MMS course programme can work in management in various sectors after graduation. To succeed in the professional world, students must possess leadership and managerial skills. Listed below are some of the skills that are necessary for the candidates aspiring to pursue a MMS degree programme.

  • Communication skills
  • Managerial skills
  • Analytical skills
  • Learning skills
  • Decision-making skills
  • Problem-solving ability

MMS Admission Process

Students who wish to study for a Master of Management Studies or MMS degree will have to qualify for the entrance examination conducted by the respective institutes. However, students can also take admission based on the management quota. In this section, we have listed all the MMS application processes.

  • The MMS admission process depends majorly on the entrance examination and also on the colleges students want to apply for.
  • Students who want to apply for the MMS degree programme, need to appear for the various entrance examinations or tests, such as CAT, MAT, XAT, and MAH MBA CET.
  • Candidates are required to meet the desired cutoff of the college, cutoffs are released annually by the colleges.
  • Some colleges may also conduct their own university-level entrance examinations, aptitude tests, personal interviews and group discussions. Therefore, students should check the course details carefully on the website or programme brochure released by the colleges.

Top MMS Entrance Exams

There are many entrance examinations required to take admissions to the MMS course, students can check the website to find the entrance examination required for the respective institute. In this section, we have listed the popular MMS entrance examinations along wih their important details.

Exam Name

Level

Conducting Body

Exam Schedule

CAT

National level exam

IIM Lucknow

CAT Exam Schedule

CMAT

National level exam

National Testing Agency (NTA)

CMAT Exam Schedule

MAH MBA CET

State level exam

State Common Entrance Test Cell - Maharashtra State

MAH MBA CET Exam Schedule

MAT

National level exam

All India Management Association

MAT Exam Schedule

MMS Cut Off

Master of Management Studies or MMS cut-off is used to determine the student's merit for MMS admission. For the Masters in Management Studies degree programme, the entrance examination cut-off is the primary criteria that almost every B-school accepts for the MMS admission process. MMS cut-off is based on the number of students appearing for the entrance examination, prestige and stature of the institute, and the difficulty level of the question paper.

MMS Syllabus

In this section, we will discuss the year-wise MMS course subjects of HK Institute of Management Studies & Research. Some of the subjects that form part of the course curriculum of MMS are Perspective Management, Managerial Economics, Financial Accounting. Business Statistics, and Legal Aspects of Business and Taxation.

MMS 1st Year Syllabus

In the first year of MMS (Master of Management Studies) course candidates learn foundational and basic subjects such as Managerial Economics, Financial Accounting, Organisational Behaviour, and Business Statistics. In this section we will discuss the first year syllabus of the MMS degree programme.

Semester 1Semester 2

Perspective Management

Marketing Management

Financial Accounting

Financial Management

Managerial Economics

Operations Research

Operations Management

Business Research Methods

Business Statistics

Human Resource Management

Effective and Management Communication

Legal Aspects of Business and Taxation

Organisational Behaviour

Cost & Management Accounting

Negotiation and Selling Skills

Business Environment

MMS 2nd Year Syllabus

In the second year, students are required to choose their desired specialisations. Some of the subjects that form the part of the course curriculum of MMS second year are Marketing Management, International Business, Retail Marketing, Product and Brand Management, and Consumer Behaviour. They are also required to undergo a compulsory summer internship as per their specialisation.

Semester 3 ( Marketing)Semester 4 (Marketing)

Strategic Management

Project Management (UA)

International Business

Integrated Marketing Communications

Sales Management

General Management Project

Marketing Strategy

Marketing Specialisation Project

Consumer Behaviour

Social Relevance Project

Services Marketing

-

Product and Brand Management

-

Retail Management

-

Summer Internship Project

-

MMS Specialisations

During the second year of MMS, the students will have to select their preferred specialisation. By choosing the specialisation of their choice, the students will be able to direct themselves to the career path that they want to take. Various projects and internships will also have to be completed by the students related to their specialisation during their academic years. Some of the specialisations offered for MMS are:

  • MMS in Marketing
  • MMS in Finance
  • MMS in Human Resources
  • MMS in Operations
  • MMS in Systems

What After MMS?

There is a wide scope of job opportunities for Masters in Management Studies or MMS graduates. After graduation, the students can apply for jobs in a variety of sectors such as business consultancies, multinational companies, industries, financial organisations, educational institutes, export companies, brand and marketing, non-profit organisations, and banks. Students can also be self-employed by opening their own business. They can even pursue a Phd in their desired management field.

Careers Opportunities after MMS course

The career opportunities after MMS of the students will depend upon their specialisations and interests. There are many career prospects for MMS graduates in various fields. Students can opt for private or government jobs. They can also start their own consultancies and have a steady income. Job opportunities from other countries are also high. Usually, for fresh graduates, the job opportunities start with the following:

Business Consultants: Business Consultants are professionals who help in improving the operations of the company by analysing the business's weak points and recommending solutions for the same.

Brand Manager: Brand Managers are responsible for monitoring the market trends and managing the advertising and marketing activities so that the intended message is put across for a particular product or service. They focus on marketing and advertising activities for the brand of a company.

Account Manager: Account Managers are the professionals who interact with the executives and stakeholders while preparing sales reports for the company.

Finance Manager: Finance Managers help the organisation make decisions regarding the investments that they should make while also providing strategies.

Marketing Manager: Marketing Managers are professionals involved in promoting and marketing the products that the organisation sells.

Project Manager: Project Managers are individuals who plan projects and review them to see if it is completed within the given time and budget.

Marketing Consultant: Marketing Consultants are marketing and management professionals who assess the problems faced by companies and create a solution.

Top Recruiters

In this section, we have listed the top companies where the students can work once they have successfully completed their MMS degree programme. Students can apply for their desired company based on their specialisation and interests.

  • Job ProfilesGoogle
  • Deloitte
  • NTPC
  • Citibank
  • ITC
  • Larsen and Toubro
  • Amazon
  • Flipkart

MMS Course Salary

Masters in Management Studies has around the same value in the market field as an MBA does. Masters in Management Studies graduates can work in various fields such as finance management, account management, human resource management, and consultant firms. In the table below, we have mentioned the MMS course salary after pursuing the MMS course programmes.

Job ProfilesAverage Salary

Business Consultant

Rs. 13.8 LPA

Brand Manager

Rs. 19.0 LPA

Account Manager

Rs. 8.6 LPA

Finance Manager

Rs. 17.2 LPA

Marketing Manager

Rs. 12.0 LPA

Project Manager

Rs. 16.9 LPA

Marketing Consultant

Rs. 11.6 LPA

Top Private MMS Colleges in India with Fees

In India, there are a number of private colleges that offer MMS degrees. Private universities are significantly more expensive than public universities. Some of the top private MMS colleges and MMS fees are discussed below:

Top Government MMS Colleges in India with Fees

Attending a government-run management college is less expensive than attending a private management college. These colleges are well known for their high academic standards throughout India. The following are some of the best government MMS colleges and their fees:

MMS or Master of Management Studies is a very exciting course offering many job profiles. Once completing the MMS course, students can work in various areas such as finance, consultancy, administration, and human resource. Students can also pursue a Ph.D in Management or related disciplines.

Frequently Asked Question (FAQs)

1. What is the difference between MBA and M.M.S?

There is not much different between MBA and M.M.S. Master of Management Studies is just another name for MBA is colleges and institutes situated mostly in Maharashtra.

2. How can I get admissions into M.M.S?

Admissions into M.M.S is done on the basis of entrance examination. Since most of the institutes offering M.M.S are in Maharashtra, the most common entrance examination is MAH MMS CET. However, some institutes also offer admissions on the basis of CAT, MAT, XAT, CMAT and ATMA.

3. What are the specializations that I can apply for in the second year of M.M.S?

During the second year of M.M.S, the candidates will be able to select their choice of specialization. The different specializations which are offered to students are:  Information Management, Marketing Management, Finance Management, Operations Management and Human Resource Development.

4. Is it necessary to be a graduate in a management course to apply for M.M.S?

No. Graduates from any field are eligible for M.M.S as long as they meet the basic eligibility criteria.

5. What are the job opportunities for M.M.S graduates?

There is a wide range of job opportunities for M.M.S graduates. The students can apply for various jobs such as Management Consultant, Recruitment Managers, Project Managers, HR Business Partners, Equity Research Analyst, Brand Manager, Account Manager, IT Services Marketing Head, Card Payments Operations Head, Marketing Manager and more.

6. What is the salary of MMS in India?

The average MMS course salary depends on various factors, such as the job role, company, location and candidate's experience. The average MMS course salary is Rs. 10 LPA.

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Questions related to M.M.S

Have a question related to M.M.S ?

hello aspirant,

Looking at the previous year CMAT Cutoff for MET mumbai, you have some decent chances to get MMS in MET mumbai College. MET Institute of Management is a top-class management college offering full-time and part-time MMS programs. Admission to full-time MMS is based upon CAT/ XAT/ MAT/ CMAT/ ATMA/ MHT CET/ GMAT score. The CMAT and MHT CET cutoff for MMS is 98 and 112 percentile .

Further, Please note that the above mentioned Prediction is based on the previous year CMAT Cutoff trends which varies for every year. The CMAT Cutoff depends on various factors like : Previous year Cutoff, difficulty level of the paper, Number of aspirants appearing, etc.

Further, to know more about the CMAT Cutoff for previous years, you can follow the below mentioned link to know more about it : https://bschool.careers360.com/articles/cmat-cutoff

You can also check the score VS Percentile score for CMAT for previous years by following the below mentioned link : https://bschool.careers360.com/articles/cmat-score-vs-percentile

I hope that this will help.

Hi student,

Jamnalal Bajaj Institute of Management Studies, Mumbai offers two years full-time Post Graduation degree course in Management Studies (MMS). Admission is based on Centralised Admission Process of Directorate of Technical Education, Government of Maharashtra, Maharashtra.

Candidates must have passed Bachelor's degree in relevant stream with minimum 50 percentage for General Category candidates and minimum 45 percentage for reservation category candidates. For admission into MMS course candidates must have valid score in any of the entrance exam like MAH MBA CET, CAT, CMAT, GMAT, XAT, ATMA, MAT, etc. This course is offered by University of Mumbai, Mumbai. There are 120 seats in this College for this course.

For more information go through below mentioned link.

https://www.careers360.com/colleges/jamnalal-bajaj-institute-of-management-studies-mumbai/mms-course

I hope this information was helpful to you

All The Best!!

Dear aspirant hope you are doing well..

Yes caste / category may benifit the candidate in fee structure but only in government colleges not in private colleges .The fee structure of MMS is much lower as compared to the PGP or PGDM programs. The tuition fee of the major B-schools offering MMS program range from Rs 2 lakh to Rs 6 lakh. The fee amount may vary from institute to institute but the range of fee is likely to be around Rs 10 lakh.

For more details of fee structure click on the link below..

https://www.careers360.com/courses/mms-master-of-management-studies/amp

Hope it's helpful

Thank you

Hello,

The MMS Course is somewhat similar to MBA but rather than focusing on theoretical knowledge and concepts focus is more on creating industry-ready professionals

Graduates from all streams i.e. Science, Management, and Humanities can seek admission to the course.

For SC/ST/VJ DT NT(A)/NT(B)/NT(C)/NT(D)/SBC /OBC category candidates, the scheme/mode of concessions, scheme of loan scholarship (if any) for eligible candidates, in tuition and other fees are announced by the Central Govt. and State Government. Subject to fulfillment of norms and conditions laid down by the Departments, candidates will get only that amount of waiver as notified in the circulars issued by the Government Department from time to time.

Click on the link below for details

https://www.careers360.com/courses/mms-master-of-management-studies


Thanks

Hello,

Yes, Jamnalal Bajaj Institute of Management Studies, Mumbai accepts MAT score for admission to Masters in Management Studies. The following exam scores are accepted for admission to MMS in JBIMS


  • CET conducted by the Competent Authority
  • Common Admission Test conducted by Indian Institute of Management (CAT)
  • Common Management Aptitude Test Conducted by All India Council for Technical Education (CMAT)
  • Graduate Management Aptitude Test Conducted by Graduate Management Admission Council, United State of America (GMAT)
  • Management Aptitude Test Conducted by All India Management Association (MAT)
  • Entrance Test for Management Admissions conducted by The Association of Indian Management Schools (ATMA)
  • Xavier Aptitude Test conducted by Xavier School of Management Jamshedpur (XAT).


You must have passed Bachelor's Degree in any discipline with minimum 50% aggregate marks if you belong to general category or a candidate from other state irrespective of your category. If you belong to reserved category you must have passed with minimum 45% aggregate marks (only for candidates belonging to Maharashtra)

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Radio Jockey is an exciting, promising career and a great challenge for music lovers. If you are really interested in a career as radio jockey, then it is very important for an RJ to have an automatic, fun, and friendly personality. If you want to get a job done in this field, a strong command of the language and a good voice are always good things. Apart from this, in order to be a good radio jockey, you will also listen to good radio jockeys so that you can understand their style and later make your own by practicing.

A career as radio jockey has a lot to offer to deserving candidates. If you want to know more about a career as radio jockey, and how to become a radio jockey then continue reading the article.

3 Jobs Available
Choreographer

The word “choreography" actually comes from Greek words that mean “dance writing." Individuals who opt for a career as a choreographer create and direct original dances, in addition to developing interpretations of existing dances. A Choreographer dances and utilises his or her creativity in other aspects of dance performance. For example, he or she may work with the music director to select music or collaborate with other famous choreographers to enhance such performance elements as lighting, costume and set design.

2 Jobs Available
Social Media Manager

A career as social media manager involves implementing the company’s or brand’s marketing plan across all social media channels. Social media managers help in building or improving a brand’s or a company’s website traffic, build brand awareness, create and implement marketing and brand strategy. Social media managers are key to important social communication as well.

2 Jobs Available
Photographer

Photography is considered both a science and an art, an artistic means of expression in which the camera replaces the pen. In a career as a photographer, an individual is hired to capture the moments of public and private events, such as press conferences or weddings, or may also work inside a studio, where people go to get their picture clicked. Photography is divided into many streams each generating numerous career opportunities in photography. With the boom in advertising, media, and the fashion industry, photography has emerged as a lucrative and thrilling career option for many Indian youths.

2 Jobs Available
Producer

An individual who is pursuing a career as a producer is responsible for managing the business aspects of production. They are involved in each aspect of production from its inception to deception. Famous movie producers review the script, recommend changes and visualise the story. 

They are responsible for overseeing the finance involved in the project and distributing the film for broadcasting on various platforms. A career as a producer is quite fulfilling as well as exhaustive in terms of playing different roles in order for a production to be successful. Famous movie producers are responsible for hiring creative and technical personnel on contract basis.

2 Jobs Available
Copy Writer

In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

5 Jobs Available
Vlogger

In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

3 Jobs Available
Publisher

For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

3 Jobs Available
Journalist

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

3 Jobs Available
Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

3 Jobs Available
Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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