MMS [Master of Management Studies]: Course Details, Eligibility, Entrance Exam, Admission
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MMS or Master of Management Studies is a two year postgraduate management course that deals with the main areas of business and management with a strong foundation towards entrepreneurs and the management skills required for the growth of any industry. Some of the job roles graduates start with include Business Development Manager, Marketing Manager, Project Manager, Financial Analyst, Operations Manager, Process Analyst, Senior Marketing Manager, Senior Business Analyst, Marketing Executive.
Table of Contents
- About MMS Course
- Eligibility Criteria for MMS Course
- Admission Process for MMS Course
- Popular Entrance Exams for MMS
- Top MMS Colleges in India
- Fee Structure for MMS
- Syllabus and Subjects for MMS
- Why Choose MMS Course?
- MMS Course Comparision
- Preparation Tips For MMS Course
- Scope For Higher Education
- Salary Of a MMS Postgraduate
- Career Options After MMS Education
- Skills That Make You The Best MMS Postgraduates
MMS Course Details
| Degree | Masters |
| Full Form | Master in Management Studies |
| Duration | 2 Years |
| Age | No specific Age Limit |
| Minimum Percentage | 50% |
| Average Fees | ₹50K - 3 LPA |
| Similar Options of Study | MMM, MAM, MCM, MHM, MTM, MBA etc |
| Average Salary | INR 5.8 LPA [Source: Glassdoor] |
| Employment Roles | Business Development Manager, Marketing Manager, Project Manager, Financial Analyst, Operations Manager, Process Analyst, Senior Marketing Manager, Senior Business Analyst, Marketing Executive |
About MMS Course
MMS's full form is Master of Management Studies. Management is a process of planning, decision-making, organizing, leading, motivating and controlling the human resources, financial, physical, and information resources of an organization to reach its goals efficiently and effectively. Students can find out the exact MMS course details by going online and researching the college website. The MMS course duration is of two years.
MMS is a postgraduate course that assists students in their strong comprehension of the functioning of a business organization and its management of the same do. This MMS course enables one to become an analyst who can manage the process of management operations. The job opportunities for MMS courses are also wide in numbers in both the private and public sectors of various reputed organizations in India and abroad.
Eligibility Criteria for MMS Course
MMS course eligibility criteria in India requires the aspirants to complete their higher education 10+2 from any recognized institution. The admission is based on one's performance in the Entrance Test, Group Discussion, and interviews conducted by private universities. The percentage required for MMS admission may vary depending on different institutions and universities. There is no specific age limit or criteria for getting the admission.
Admission Process for MMS Course
The admission process for the MMS course in India is carried out either from the college premises directly or can be done online. Students can also download forms from the official website of the institution. Some forms can also be filled out online by the students. The Master of Management Studies admission form is to be accompanied by all the vital papers needed. Listed below are the various procedures to get admission for the MMS course:
How to Apply?
The aspirants eager to study MMS can either apply online or offline for the course. The aspirants can apply for the Master of Management Studies course details by downloading an admission form available online at the university or on the college website. After submitting the college or university application form, the aspirants will be invited to appear for a written test, personal interview, group discussion, and counselling.
Selection Process
The MMS course selection process is based on the entrance exam scores and performance in Secondary and Higher Secondary Education and bachelor's degree management background. The aspirants are allocated seats based on the various MMS criteria fulfilled by the aspirants proposed by the college/university officials.
Popular Entrance Exams for MMS
There are a few MMS course entrance exams which the students need to attend so that they can have a clear idea of the course's expectations. Appearing for entrance exams is an essential criterion. The postgraduates can book their seats for the course in any recognized college or university. Some of the MMS course entrance exams are:
Quick Glance At the MMS Entrance Exams
The MMS course's eligibility criteria depends entirely on the conducting body that conducts the admission entrance exam. The entrance exams conducted for the MMS Degree course include various questions related to mathematics, reasoning, logic, social studies, business, etc. The entrance test includes:
- Multiple choice objective type questions.
- The entrance exam is conducted in the English language.
- Most of the questions in the entrance exams are merely related to Mathematics, Sociology, Reasoning, Logic, and General Knowledge.
Top MMS Colleges in India
Top Master of Management Studies colleges in India and abroad offer Master Management Studies postgraduate degree courses to students interested in Finance, Accounting, Business, Management, Foreign Trade, Law, Ethics, Policymaking Methods, and more. Some of the very best colleges for MMS colleges in India are as follows:
|
SI.No. |
Name of the College |
Average Fees (INR) |
|
1 |
1 LPA |
|
|
2 |
3 LPA |
|
|
3 |
10 LPA |
|
|
4 |
10 LPA |
|
|
5 |
10 LPA |
|
|
6 |
3.5 LPA |
|
|
7 |
70,000 PA |
|
|
8 |
40,000 PA |
|
|
9 |
2 LPA |
|
|
10 |
Department of Management Studies, Bangalore |
4 LPA |
Top MMS Colleges in Mumbai
Given below are the top MMS colleges in Mumbai:
| Sl.No | Institution |
| 1 | Viva College |
| 2 | Nagindas Khandwala College |
| 3 | Amity University |
| 4 | Padmashree Dr. D.Y. Patil Vidyapeeth |
| 5 | Chhatrapati Shivaji Maharaj University |
Top MMS Colleges in Bangalore
Given below are the top colleges for MMS course in Bangalore:
| SI.No | Name of College |
| 1 | Alliance University |
| 2 | REVA University |
| 3 | Christ University |
| 4 | IIM Bangalore |
| 5 | Jain University |
Top MMS Colleges in Chennai
Given below are the top colleges for MMS course in Chennai:
| SI.No | Name of College |
| 1 | IIT Madras |
| 2 | Anna University |
| 3 | Madras University |
Top MMS Colleges in Pune
Given below are the top colleges for MMS course in Pune:
| Sl.No | Institution |
| 1 | MIT |
| 2 | Symbiosis Institute of Media & Communication |
| 3 | ISBM |
| 4 | Dr. D. Y. Patil Seamedu School of Media Management |
Fee Structure for MMS
MMS course fees range from INR 65K to 5 LPA. The MMS course fee may vary depending upon the facilities and amenities provided at the college/university and the level of education provided.
|
College Name |
Fees Per Annum (INR) |
|
K J Somaiya Institute of Management Studies and Research, Mumbai |
3.5 LPA |
|
Jain University, Bangalore |
4 LPA |
|
Sydenham Institute of Management Studies and Research and Entrepreneurship Education, Mumbai |
70,000 PA |
|
ICFAI Foundation for Higher Education, Hyderabad |
40,000 PA |
|
Bharati Vidyapeeth, Pune |
2 LPA |
Syllabus and Subjects for MMS
The syllabus and subjects for the MMS course are structured in such a way so that the students get a better understanding of different subjects of the course, which are important for them to generate their knowledge in various courses ahead. MMS course gives an insight into the business strategies, the psychology behind these strategies, and finance management.
Some of the important subjects of the MMS course is:
- Business Ethics
- E-commerce
- Management Information Systems
- Organizational Behaviour
- Financial Accounting
- Marketing Management
Read More: MMS Syllabus and Subjects
Why Choose MMS Course?
The MMS course is for those students who are professionals who are optimistic about being management consultants. Master in Management Studies [MMS] is a global market-oriented course that caters to an international audience. This course helps students develop plenty of leadership and managerial skills and includes vital internship opportunities which provide a much-needed practical experience in management.
What is MMS All About?
MMS course is a postgraduate-designed graduate program. The MMS course duration is 3 years. A bachelor's degree in business management is designed to help you build a diverse set of abilities that will prepare you for a management career. This course's MMS subjects deal with various focal points of business-management developments and problems and techniques to tackle them effectively.
The course focuses on the contemporary issues that the finance world faces and traces the historical contexts in shaping business and management firms.
What Does a MMS Postgraduate Do?
MMS postgraduate holds a degree in the Management field, a good career option in India and abroad. A MMS provides students with the knowledge and abilities to excel in business and management. The MMS program provides students with a wide basis for management work and practice. MMS course full form is Master of Management Studies.
Data Analyst: A Data Analyst is responsible to understand how to develop their personality with technical skills. They must analyze data, spot trends, and come to rational conclusions. Some marketing, for example, use employment trends to forecast future job growth.
Reasons Why MMS Can Fetch You a Rewarding Career
A degree in MMS is recognized worldwide. MMS is a social science concerned with the production, distribution, and consumption of commodities and services. It investigates how individuals connect with management firms, Accounting, Entrepreneurship, Finance, Real Estate, Management Information Systems, Human Resource Management, International Business, Information technology, etc.
Jobs & Opportunities: MMS Careers are available in private and public sector companies. A MMS degree focuses on developing an individual's personality, and a degree in the field can lead to a wide range of jobs. Almost every element of daily life is influenced by management.
Read More: MMS Jobs and Scope
MMS Course Comparision
Given below is the course comparison of MMS with other similar courses:
MMS vs MBA
Given below is the course comparison of MBA with MMS:
| Parameter | MBA | MMS |
| Full Form | Master of Business Administration | Master of Management Studies |
| Discipline | Management | Management |
| Duration | 2 years | 2 Years |
| Eligibility | Minimum of 50% of total marks in UG | Minimum 50% in UG from an accredited University |
| Average Fees | INR 3 - 10 LPA | INR 5 - 10 LPA |
| Top Institutes | IIMs, XMRI, FMS | IIMs, IMI, Christ University, AU |
Read More: MBA
MMS vs PGDM
Given below is the course comparison of PGDM with MMS:
| Parameter | PGDM | MMS |
| Full Form | Post Graduate Diploma in Management | Master of Management Studies |
| Discipline | Management | Management |
| Duration | 2 years | 2 Years |
| Eligibility | Minimum of 50% of total marks in UG | Minimum 50% in UG from an accredited University |
| Average Fees | INR 3 - 12 LPA | INR 5 - 10 LPA |
| Top Institutes | IIMs, IMI, SP Jain | IIMs, IMI, Christ University, AU |
Read More: PGDM
Preparation Tips For MMS Course
MMS students can prepare themselves by learning the basics of management. MMS 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 MMS 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.
Scope For Higher Education
The scope for higher education for MMS with best salaries offered in India and abroad with almost all private and public sectors of various organizations. All aspirants should keep in mind that a MMS may not be their best option. Many postgraduates in India have recently been observed pursuing higher education in sectors such as management and law, among others.
Salary Of a MMS Postgraduate
MMS Course salary varies with different job profiles. With some experience in the field, MMS postgraduates can earn a very good salary. MMS salary varies according to an aspirant's knowledge and skills. The MMS courses' average salary, which is offered, ranges from INR 1L - 14 LPA [Source: Glassdoor].
Read More: MMS Salary
Career Options After MMS Education
After completing an MMS, you are eligible for junior-level posts in private and government jobs in India and abroad. MMS aspirants have an excellent job scope in the future and vast job opportunities. MMS is a continuous up-gradation of so many various management, business, and finance fields. MMS jobs are found in the fields:
- Professor
- Account Manager
- Equity Research Analyst
- IT Services Marketing Head
- Project Managers
Skills That Make You The Best MMS Postgraduates
MMS aspirants should possess critical and analytical skills, numerical skills, problem-solving, adaptation skills, effective communication, policy management, and decision-making skills. In addition, they have to be confident, dedicated and committed to their aspiration. Skills that make you suitable for a MMS postgraduate:
- Problem Solving Skills
- Analytical Skills
- Mathematical Skills
- Strong Work Ethics
- Management Skills
- Goal-Oriented
- Inquisitive
Top MMS [Master Management Studies] Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
