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Master of Management Studies or MMS is a professional postgraduate degree programme in management studies and business management. Master of Management Studies or MMS is one of the most popular courses among students who wish to pursue a career in management. MMS is a postgraduate degree programme in the management domain which allows an individual to strengthen their management and problem-solving skills. Students who pursue MMS courses can work in multiple fields, such as management, consultancy, finance, and administration.
Students from any background can opt for the MMS or Master of Management Studies course after their 10+2. The Master of Management Studies or MMS degree programme is divided into four semesters within two years. Admission to the MMS degree depends on the entrance examination, group discussion and personal interview process. In this article, we will discuss all the MMS course details, such as what is MMS course, MMS degree full form, MMS course salary, MMS course fees, and MMS subjects.
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. Master of Management Studies or MMS course is a two-year-long postgraduate management degree programme. Master of Management Studies or MMS course is divided into four semesters in the span of two years.
Name of Degree | Master of Management Studies |
Commonly Known As | M.M.S |
Level | Postgraduate |
Duration | 2 years |
Semester/Yearly | Semester |
Admission Process | Entrance tests such as CAT, ATMA, XAT, MAT, CMAT, MAH MMS CET |
Eligibility Criteria | Should have completed graduation in any field from a recognized university |
Specializations | Information Management, Marketing Management, Finance Management, Operations Management, Human Resource Development |
Types of Careers | 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 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. 5.10 Lakhs.
Students opt for Master of Management Studies or MMS degree programmes, as it has many advantages.MMS degree students develop plenty of leadership and managerial skills to join the workforce. MMS students learn the techniques for enhancing employee efficiency, recruiting talent, conserving sustainability capital, and creating efficient business processes. MMS provides students with a strong base in Business, Accounting, Economics and Marketing related topics. After completing MMS, if the candidate wants to pursue higher studies, then opt for PhD Management Studies. MMS graduates are given a wide range of different career choices, spread across diverse industries.
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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.
Students who want to pursue MMS degree programme is anticipated to work in management in various sectors after graduation. To succeed in the professional world, students must possess leadership and managerial skills. The following are a few skills that MMS students must possess:
Communication skills | Managerial skills |
Analytical skills | Learning skills |
Decision-making skills | Problem-solving ability |
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 authorities. Although students can also take admission based on the management quota. In this section, we have listed all the MMS application processes.
There are various entrance examinations for gaining admission to MMS courses that are offered by various institutes. Here, in this section, we have mentioned some of the top entrance examinations required for the MMS degree programme.
CAT - Common Admission Test or commonly known as CAT is a national-level entrance examination which is conducted by different IIMs each year. The computer-based exam is conducted to provide qualifications to candidates for MBA/MMS admissions. Many colleges offer MMS admissions on the basis of CAT.
MAT - Along with CAT, many institutes also offer M.M.S admissions on the basis of Management Aptitude Test (MAT). Conducted by All India Management Association (AIMA), candidates who qualify MAT will also be accepted in some institutes for M.M.S.
CMAT - Common Management Admission Test (CMAT) is conducted by National Testing Agency (NTA) for postgraduate admissions into management programmes. Some institutes offering M.M.S admissions also accept students with a qualified CMAT score.
XAT - Conducted by XLRI Jamshedpur, Xavier Aptitude Test or commonly known as XAT is a computer-based examination. Candidates who qualify XAT will have the qualification to apply for admission into postgraduate management courses. For MMS admissions, XAT scores will also be accepted by some institutes.
Master of Management Studies or MMS cut-off is used to determine the student's merit for MMS admission. For the MMS 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, and the difficulty level of the question paper.
MMS subjects are discussed in the below table, which is divided into four semesters in two years. In the table below, we have mentioned the MMS course list and MMS subjects of the HK Institute of Management Studies & Research which are divided into four semesters.
Semester I | |
Perspective Management | Financial Accounting |
Managerial Economics | |
Business Statistic | Effective and Management Communication |
Organizational Behaviour | Negotiation and Selling Skills |
Semester II | |
Operations Research | Business Research Methods |
Legal Aspects of Business & Taxation | |
Cost & Management Accounting | Business Environment |
Semester III - Marketing | |
Strategic Management (UA) | International Business |
Sales Management | Marketing Strategy |
Consumer Behaviour | Services Marketing |
Product & Brand Management | Retail Management |
Summer Internship Project | - |
Semester IV - Marketing | |
Project Management (UA) | Integrated Marketing Communications |
General Management Project | Marketing Specialization Project |
Social Relevance Project | - |
During the second year of MMS, the students will have to select their preferred specialisation. By choosing the correction specialisation, 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:
There is a wide scope of job opportunities for Master of 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 organizations, educational institutes, export companies, brand and marketing, non-profit organizations, banks and more. Students can also be self-employed by opening their own personal business.
The career opportunities after MMS of the students will depend upon their specializations 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 to monitor the market trends and manage 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 organization 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.
Deloitte | |
NTPC | Citibank |
ITC | Vodafone |
Larsen & Toubro | Nestle |
Flipkart | Microsoft |
Amazon | Wipro |
Master of Management Studies has around the same value in the market field as an MBA does. Graduate students can work in various fields such as finance management, account management, human resource management, consultant firms and more. The range of salaries usually goes from Rs. 4 lakhs to Rs. 14 lakhs as per the organization and job profile that they are working for. Multinational companies or premium firms usually offer a higher range of salary.
Job Profiles | Average Salary |
Business Consultant | Rs. 10.0 LPA |
Brand Manager | Rs. 12.0 LPA |
Account Manager | Rs. 5.5 LPA |
Finance Manager | Rs. 12.5 LPA |
Marketing Manager | Rs. 7.0 LPA |
Project Manager | Rs. 13.0 LPA |
Marketing Consultant | Rs. 6.9 LPA |
MMS graduates have a wide range of employment opportunities in India, ranging from the finance sector to operations. There is a growing demand for MMS graduates in the healthcare, finance and human resource industry and in the manufacturing industry too.
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 also MMS fees are discussed below:
Colleges | Fees |
Rs. 4.30 Lakhs | |
Rs. 4.49 Lakhs | |
Rs. 2.86 Lakhs | |
Rs. 3.55 Lakhs | |
Rs. 2.40 Lakhs | |
Rs. 50,000 | |
Rs. 39,000 | |
- | |
- | |
- |
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 also MMS fees:
Colleges | Fees |
- | |
Rs. 1.12 Lakhs | |
Rs. 1.34 Lakhs | |
- | |
Rs. 2.40 Lakhs | |
Alkesh Dinesh Mody Institute for Financial and Management Studies | - |
- | |
- | |
Government Ramnarayan Chellaram College of Commerce and Management, Bangalore | - |
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.
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.
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.
No. Graduates from any field are eligible for M.M.S as long as they meet the basic eligibility criteria.
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.
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
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)
Hello
Thakur Institute of Management has a great Infrastructure. It will aslo provide you various kind of Facilities like, Library, Hostel, Sports, Lab, WiFi Campus, Cafeteria, Auditorium, A/c Classroom, Auditorium and many more thing.
When it comes about Placement for MMS Course then it concludes with with the highest package of Rs 10 LPA and an average package of Rs 7.5 LPA . And In TIMSR Mumbai almost 100% students got their internship.
So it is totally upto you weather you want to take admission or not
For more information check the link given below
Thanks
No worries you can get into the IIBM college and even if you are worried about MMS course examination 2021. And you are in Navi Mumbai and want to know about the semester exams or what happens in the master of management studies exam and course click on the link or copy paste the below url to your chrome for the best article regarding college exams in IIBM in Mumbai
https://indiraiibm.edu.in/master-of-management-studies-exams-2021/
Both are good colleges not the best i must mention. You will have an average placement around 6-10 lakhs package from either of them. If you can be the changing person who can use his skills and intelligence well, then surely things will change for you even if you are in any of the colleges. Infrastructure wise i will say maybe PIBM is better while faculty wise Chetana is a great college as per reviews.
to see the best - ranking wise, placements and ROI wise i think Sribalaji is a better option. Sribalaji(BIMM, BITM, BIIB, BIMHRD) is ranked as one of the top 11 Schools in India, and one of the top 3 B Schools in Pune by TOI B School Survey, 2019.
BIMM-Pune is probably the best university after Pumba and Symbiosis.
Best wishes. Thankyou
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!!
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If you want to know more about talent agent meaning, how to become a Talent Agent, or Talent Agent job description then continue reading this article.
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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.
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 cost got reduced the viewership for these types of content has increased on a large scale. Therefore, the career as vlogger has a lot to offer. If you want to know more about the career as vlogger, how to become a vlogger, so on and so forth then continue reading the article. Students can visit Jamia Millia Islamia, Asian College of Journalism, Indian Institute of Mass Communication to pursue journalism degrees.
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.
Fashion journalism involves performing research and writing about the most recent fashion trends. Journalists obtain this knowledge by collaborating with stylists, conducting interviews with fashion designers, and attending fashion shows, photoshoots, and conferences. A fashion Journalist job is to write copy for trade and advertisement journals, fashion magazines, newspapers, and online fashion forums about style and fashion.
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.
A career as a gemologist is as magnificent and sparkling as gemstones. A gemologist is a professional who has knowledge and understanding of gemology and he or she applies the same knowledge in his everyday work responsibilities. He or she grades gemstones using various equipment and determines its worth. His or her other work responsibilities involve settling gemstones in jewellery, polishing and examining it.
Production Manager Job Description: A Production Manager is responsible for ensuring smooth running of manufacturing processes in an efficient manner. He or she plans and organises production schedules. The role of Production Manager involves estimation, negotiation on budget and timescales with the clients and managers.
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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.
A career as a merchandiser requires one to promote specific products and services of one or different brands, to increase the in-house sales of the store. Merchandising job focuses on enticing the customers to enter the store and hence increasing their chances of buying a product. Although the buyer is the one who selects the lines, it all depends on the merchandiser on how much money a buyer will spend, how many lines will be purchased, and what will be the quantity of those lines. In a career as merchandiser, one is required to closely work with the display staff in order to decide in what way a product would be displayed so that sales can be maximised. In small brands or local retail stores, a merchandiser is responsible for both merchandising and buying.
A Quality Systems Manager is a professional responsible for developing strategies, processes, policies, standards and systems concerning the company as well as operations of its supply chain. It includes auditing to ensure compliance. It could also be carried out by a third party.
Individuals who opt for a career as a production planner are professionals who are responsible for ensuring goods manufactured by the employing company are cost-effective and meets quality specifications including ensuring the availability of ready to distribute stock in a timely fashion manner.
The procurement Manager is also known as Purchasing Manager. The role of Procurement Manager is to source products and services for a company. Procurement Managers are involved in developing a purchasing strategy, including the company's budget and the supplies and as well as the vendors who can provide goods and services to the company. His or her ultimate goal is to bring the right products or services at the right time with cost-effectiveness.
You might be googling Metrologist meaning. Well, we have an easily understandable Metrologist definition for you. A metrologist is a professional who stays involved in the measurement practices in varying industries including electrical and electronics. Metrologists are responsible for developing processes and systems for measuring objects and repairing electrical instruments. It also involves writing specifications of experimental electronic units.
ITSM Manager is a professional responsible for heading the ITSM (Information Technology Service Management) or (Information Technology Infrastructure Library) processes. He or she ensures that operation management provides appropriate resource levels for problem resolutions. The ITSM Manager oversees the level of prioritisation for the problems, critical incidents, planned as well as proactive tasks.
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.
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.
An IT Consultant is a professional who is also known as a technology consultant. He or she is required to provide consultation to industrial and commercial clients to resolve business and IT problems and acquire optimum growth. An IT consultant can find work by signing up with an IT consultancy firm, or they can work on their own as independent contractors and select the projects they want to work on.
A Data Architect role involves formulating the organisational data strategy. It involves data quality, flow of data within the organisation and security of data. The vision of Data Architect provides support to convert business requirements into technical requirements.
An AI Data Analyst is responsible for procuring, preparing, cleansing and modelling data utilising machine learning models and new analytical methods. He or she designs and creates data reports in order to provide support to stakeholders to make better decisions.
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.
A UX Architect is someone who influences the design processes and its outcomes. He or she possesses a solid understanding of user research, information architecture, interaction design and content strategy.