MMS or Master of Management Studies is a 2-year postgraduate management course which is equivalent to an MBA. The course aims at practical skills and enough knowledge to the students so that they can manage their resources to maximize their productivity. The course is designed to develop expertise in business management and provide adequate instruction for individuals preparing to make a career in the industry. The MMS degree is a gateway to various job opportunities in almost all industries. The first year of the course consists of subjects and topics related to the understanding of the basics of business administration and business management. In the second year of the degree, students are given the option to study a specialization mainly, Marketing, Sales, Human Resources, Operations, and Finance.
MMS Scope
After completing the MMS course, there are a plethora of career opportunities for the students. MMS offers managerial and executive-level jobs in the top MNC and various respectable organizations. Students can also work in the educational sector and be the founder of their own company houses. Apart from the job sector, students may choose to do further study via the master program in specialization or some short term programs. There are many job prospects available at every organization, students may search for the profile falling under their budget and may then proceed to apply.
Job Profiles
- Account Manager
- Brand Manager
- Recruitment Manager
- Marketing Manager
- Management Consultant
- HR Business Partner
- Finance Manager
- Equity Research Analyst
- Project Managers
- Business Consultant
Top Recruiting Companies
- Deutsche Bank
- McKinsey & Company
- Boston Consulting Group
- Bain & Company
- Merrill Lynch & Co
- Lehman Brothers
- JP Morgan, etc
MMS Specialization
Some of the popular specializations offered in the MMS program are listed below:
- Human Resource Development
- Marketing Management
- Finance Management
- Operations Management
- Information Management
- International Business
MMS Syllabus
Both the MMS and MBA consists of the same topics. Those who opt for specialization will be required to study topics related to that particular specialization in the second year, followed by projects and internships.
| I Year | ||
| Business Mathematics | Information Technology for Management | Environment of Business |
| Analysis of Financial Statements | Human Resources Management | High-Performance Leadership |
| Communication Skills | Managerial Economics | Financial Management |
| Cost & Management Accounting Economic | Legal and Tax Aspects of Business | Marketing Applications and Practices |
| Corporate Social Responsibility projects | Marketing Management | Perspective Management |
| Decision Science | Management Information Systems | Operations Research |
| Electives (can select 2 electives from the list) | Operations Management | Selling & Negotiation Skills |
| Electives (can select 2 electives from the list) | Managerial Process Skills | Indian Ethos in Management |
| Financial Accounting | Research Methodology and Fundamentals of MR | Foreign Languages (German, French, Japanese) |
| Organizational Behavior |
| 2nd Year | ||
| Consumer Buying Behaviour | Market Research Applications | Distribution & Supply Chain Management |
| Project Work | Marketing Finance | Product & Brand Management |
| Database Management Systems | Marketing Strategy | Sales Management & Sales Promotion |
| Integrated Market Communications | Human Resource Planning and Human Resource Audit |
MMS Eligibility Criteria
For Admission in MMS Course:
- Candidates must have a bachelor degree in management studies from a recognized institute or university with a minimum aggregate marks criteria provided by the examining authority of government, universities/institutes, etc.
- Relaxation of 5% is provided for the candidates belonging to SC/ST/Other Backward classes.
MMS Entrance Exam
- Maharashtra Common Entrance Test (MHCET) conducted by the Government of Maharashtra
- Graduate Management Aptitude Test (GMAT) conducted by the Graduate Management Admission Council (GMAC)
- Common Aptitude Test (CAT) conducted by one of the 20 IIMs on a rolling basis
- AIMS Test for Management Admissions (ATMA) conducted by AIMS (Association of Indian Management School)
- Rajasthan Management Aptitude Test Exam (RMAT) conducted by the authority of Rajasthan Technical University
- Management Aptitude Test (MAT) conducted by AIMA (All India Management Association)
- Andhra Pradesh Integrated Common Entrance Test (APICET) conducted by Sri Venkateswara University, Tirupati on behalf of Andhra Pradesh State Council of Higher Education
Top MMS Colleges in India
- IIT Bombay, Mumbai
- ICFAI Foundation for Higher Education, Hyderabad
- K J Somaiya Institute of Management Studies and Research, Mumbai
- SRM Institute of Technology, Kanchipuram
- Jain University, Bangalore
- Bharati Vidyapeeth Deemed University, Pune
- Indian Institute of Science, Bangalore
- Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE), Mumbai
- Indian Institute of Science, Department of Management Studies, Bangalore
- Xavier Institute of Management and Research, Mumbai
