Master of Management Studies(MMS)

Updated By Shreya Sareen on 22 Sep, 2020

Average Duration
2 years
Average Fee
1.2 L-2.5 L INR annual

About Master of Management Studies(MMS)

MMS or Master of Management Studies is a two-year management degree available for the candidates who have completed their bachelor degree. The master degree, approved by AICTE is perfect for those students who don’t have any practical experience and knowledge of the field. MMS is generally the same as the master in business administration(MBA) program. The program aims at practical skills and adequate knowledge to the candidates so that they can manage their resources to maximize their productivity. 

The MMS curriculum is designed to develop expertise in business management and provide adequate instruction for individuals preparing to make a career in the industry. Candidates may start pursuing the MMS program once they have completed their bachelor in management. The program is divided into six semesters covering theory classes, internship and practical projects. The final semester of the degree is the internship period where the students are exposed to the industrial environment which makes them get familiar with the working culture. Like the MBA Program, the first year of the degree program will remain the same for all the students and the second year will cover subjects based on the specialisations offered by the candidates. Candidates may decide their specialisation or area of interest in the second year. 

Master of Management Studies(MMS) Highlights

Check out the major highlights of the MMS program

Full Name

Master of Management Studies

Short Name

MMS

Degree Level

Master

Exam Type

Semester

Average Starting Salary

INR 3 to 20 Lacs

Top Recruiting Companies

Deutsche Bank, Microsoft CorporationBoston Consulting Group, Bain & Company, McKinsey & Company, Merrill Lynch & Co, Deloitte Consulting LLP, Lehman Brothers, Citi, Booz & Company, Accenture, JP Morgan Chase & Co, Goldman,  Morgan Stanley, UBS, Bank of America, Sachs & Co, Johnson & Johnson, Credit Suisse, etc.

Master of Management Studies(MMS) Eligibility Criteria

The minimum eligibility criteria for Master of Management Studies(MMS) depends upon the university or college, the candidate is going for admission. Candidates will have to satisfy all the admission requirements decided by the college before filling the application form. Minimum eligibility requirements for the MMS program is provided below

  • Candidates should have cleared bachelor degree in management studies in order to get eligible for admission. He or she must have scored at least 45%-50% marks.
  • Besides this, candidates will have to clear the entrance exam conducted by the college or any authority if mentioned in the eligibility criteria of the college.

Master of Management Studies(MMS) Selection Process

Admission to the two-year master program in management will be done on the basis of scores in the entrance examination and bachelor degree. The college will accept scores in a bachelor degree in management such as BBA/ BMS or BA as per the eligibility criteria of the college. It must be noted that the applying candidate will have to score good percentage of marks in the entrance examination in order to get selected for admission. The college will declare its cut off for admission based on the difficulty level and seats available. Candidates may check the cutoff and may then proceed for admission.

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

Master of Management Studies(MMS) Syllabus

Some of the important topics for Master of Management Studies(MMS) are provided below. Candidates may have a look at these topics.

Semester I

Semester II

Business Mathematics

Analysis of Financial Statements

Communication Skills

Cost & Management Accounting Economic

Corporate Social Responsibility projects

Decision Science

Electives (can select 2 electives from the list)

Electives (can select 2 electives from the list)

Financial Accounting

Environment of Business

High-Performance Leadership

Financial Management

Indian Ethos in Management

Foreign Languages (German, French, Japanese)

Information Technology for Management

Human Resources Management

Managerial Economics

Legal and Tax Aspects of Business

Marketing Management

Management Information Systems

Operations Management

Managerial Process Skills

Organizational Behavior

Marketing Applications and Practices

Perspective Management

Operations Research

Selling & Negotiation Skills

Research Methodology and Fundamentals of MR

Semester III

Semester IV

Consumer Buying Behaviour

Project Work

Database Management Systems

-

Distribution & Supply Chain Management

-

Human Resource Planning and Human Resource Audit

-

Integrated Market Communications

-

Market Research Applications

-

Marketing Finance

-

Marketing Strategy

-

Product & Brand Management

-

Sales Management & Sales Promotion

-

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Master of Management Studies(MMS) Career Options and Job Prospects

There are many career options available after the MMS program. MMS offers managerial and executive-level jobs in the top MNC and various reputable organizations. Students can also work in the academic sector and be the founder of their own company houses. Candidates who have completed their education may aim for their dream job at any reputed company. Apart from the job sector, candidates may also resume their education via the master program in specialisation or some short term programs. There are many job profiles available at every organisation, candidates may search for the profile falling under their budget and may then proceed to apply. They may check some of the major profiles available after completing the MMS Program provided below.

  • Account Manager
  • Card Payments Operations Head
  • Brand Manager
  • Equity Research Analyst
  • Management Consultant
  • HR Generalist Business Partner
  • Marketing Manager
  • Project Managers
  • IT Services Marketing Head
  • Recruitment Manager
  • Researcher
  • Saler Manager
  • Teacher
  • Meeting/Event Planner
  • Marketing Coordinator
  • Advertising or Promotions Manager
  • Social Media Manager

There are many areas and job sectors where the candidates may apply for a job. Some of them are provided below.

Banks

  • Brand & Marketing
  • Business Consultancies
  • Non-profit Organizations
  • Educational Institutes
  • Personal Business
  • Export Companies
  • Industrial Houses
  • Financial Organizations
  • Multinational Companies

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FAQs about Master of Management Studies(MMS)

I want admission in Master of Management Studies(MMS). Do I have to clear any exams for that ?

Delhi University Arts , Delhi University Science are some of the exams that you can appear for to get admission in Master of Management Studies(MMS) courses.

What are the top colleges offering Master of Management Studies(MMS) courses ?

Following are some of the top colleges offering Management courses : National Institute of Industrial Engineering (Mumbai) , Shailesh J Mehta School of Management (Mumbai) , Indian Institute of Management (Kozhikode) , Jamnalal Bajaj Institute of Management Studies (Mumbai) , Faculty of Management Studies (Delhi). You can explore these colleges on our website to check if they offer Master of Management Studies(MMS) or not.

What is the average fee for the course Master of Management Studies(MMS) ?

The average fee for Master of Management Studies(MMS) is INR 1,00,000 per year.

What are the popular specializations related to Master of Management Studies(MMS) ?

Some of the popular specializations for M.M.S. (Master of Management Studies) are : Information Technology , Operations Management , Project Management , Public Policy Management , Information Technology.

What is the duration of the course Master of Management Studies(MMS) ?

Master of Management Studies(MMS) is a 2 year course.

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