What is Master of Management Studies (MMS) {discussed in-depth!}

What is MMS (Master of Management Studies) - Indira IIBM Navi Mumbai

What is MMS (Master of Management Studies)?

Although MMS courses have transformed from simple audio-video-based training to full-fledged assessment and certification courses, still they have not received the attention they deserve. 

Master of Management Studies (MMS) is a two-year postgraduate degree course that has been successfully running for more than a decade now. It is the oldest of its kind in India and holds a very special place in the academic world due to its success and quality. Known as the course that “makes you employable“, the MMS course is a “Model Course” that many colleges across the country have followed.

Classroom and online learning are both parts of the 12-month program. Students have the opportunity to learn the core concepts of management from the best universities in India and abroad. 

Students can pursue management in areas like Finance, Marketing, Human Resources, and Strategic Leadership. The subjects include topics like operations management, economics, business ethics, information technology, organizational behavior, accounting, business communication, and the legal environment

The curriculum is flexible and focuses on contemporary issues, cutting-edge research, and business management. Studying MMS allows students to gain a world-class education with world-class faculty, including a mix of full-time and part-time lecturers. 

Is Master of management studies (MMS) courses available in India?

Many people look for the best management courses in India but are unaware of the wide spectrum of management subjects available. They are usually limited to the standard business courses offered by the larger universities in India. Over 50 management colleges currently offer courses in management across the country. These include both private and public sector colleges.

MMS course structure in India

Keeping the industry in mind, the MMS course structure is designed to fit the needs of this niche. The idea is for students to start with the business basics and then move to the advanced concepts, which will benefit students who aspire to do better in their respective careers.

A few of the MMS course topics are Marketing Management, Human Resource Management, Operations Management, Financial Management, Strategy, International Management, etc.

There are four semesters in this two-year postgraduate course, which combines classes, practical assignments, and internships. Students of an MMS course will be exposed to a wide range of management topics, and they will develop both practical skills and knowledge regarding the same. 

For students to enroll in the MMS program, they must possess a Bachelor’s degree in Management Studies or its equivalent. Students from every stream are welcome to pursue this course, including Science, Humanities, and Commerce. 

The All India Council for Technical Education (AICTE), New Delhi, approves this course. 

Why study MMS at Mumbai University?

It’s a common question  “Is pursuing an MMS degree from Mumbai University worth it?”. In India, various colleges offer Master of Management Studies courses. However, Mumbai University is the only university in India that offers a Master of Management Studies with a specialization in Finance and Economics. If one has a question- “How can I get MMS in Mumbai?” Mumbai University conducts CET examinations. Students have to clear the MAH CET entrance exam to enroll in an MMS course in any college under Mumbai university. 

Why MMS is the best alternative?

Once upon a time, there existed a legend in American universities that said that if you wanted to be a good leader, you must have an MMS. As the ranks of MSSs in the US swelled, the belief in the MSS’s leadership prowess grew and grew. In India, this belief is no different. As more and more people started enrolling in MMS programs, the belief that one must have an MMS to be a good leader grew. Various reasons like Quality of Curriculum, Access to Experienced Faculty, Lesser prices, etc are just a few reasons to consider MMS as an educational career. 

Know in detail:

aIs MMS better than PGDM?
bIs MMS better than MBA?
cWhat is the scope of MMS?

Placements/ job offers after MMS

Placements/jobs is always a major criterion that one would think of before choosing any academic course. After all, it is a competitive world out there. MMS graduates get offers from companies like Infosys, Nirma, HCL, Accenture, Tata, Wipro, Reliance, GE, HP, Amazon, Google, Microsoft, and many other IT giants. There should never be a doubt about the importance of an MMS graduate candidate in the Management field. MMS placements are the best among all the campus placements. In a rapidly growing world, this is a sector that is evergreen. Know about the IIBM Placements 2020: Highest CTC: 20 LPA & Avg. CTC: 12.20 LPA.  

MMS (Master in Management Studies) eligibility criteria, Course Details, Fees, College and Admission process

Now that we have decided that MMS is the best option for an academic and professional career, it is important to know the eligibility criteria to pursue a Master of Management Studies course. 

A graduation degree is necessary to take on a master’s degree as we all know it. Yet some questions remain like : 

aIs it necessary to be a graduate of a management course to apply for M.M.S?
bWhat is the admission process?
cWhat is the average fee for the course Master of Management Studies (MMS)?
dWhat is the eligibility criteria for MAH CET MMS 2021?

Entrance Exam and Admission process under Mumbai University:

Candidates who want to take up Master of Management Studies (MMS) courses in colleges under Mumbai university have to clear the MAH-CET 2021 exam. Completion of at least 3 years of graduation degree is mandatory for candidates who want to take up an MMS course. A degree awarded by a university should be recognized by the University Grants Commission or the Association of Indian Universities. Candidates must be graduated from any discipline with a grade point average of at least 50%. 

Read the following in detail to know the eligibility criteria, admission process, Important dates, marks required for admission, etc. Click here to know about MMS admission 2021. Know about MMS courses at Indira Institute of Business Management (IIBM).  

The MAH CET is the common entrance exam for MMS/MBAs. The test is divided into four sections: Quantitative Aptitude, Verbal Ability, Data Interpretation, and Logical Reasoning. Candidates are required to appear for this exam for admission to B-Schools in India. Know in detail the important aspects of the entrance exam, such as the pattern of the MAH CET exam, the syllabus of the exam, and the weightage of every section.

How to prepare for the entrance exam?

Any entrance exam requires proper planning and practice. Candidates usually opt for mock test series which helps them to better analyze their performance and make the necessary improvements. Be updated for the free MAH-CET mock test conducted by IIBM, Sanpada online. MAH-CET mock conducted by IIBM is a national-level management entrance exam mock for admission into Master of Management Studies (MMS) and Master of Business Administration (MBA).

FAQs

What is the fee structure of MMS in Mumbai?

The fee structure for the course is yet to be announced. You can contact the college IIBM INDIRA for more details. The fee for MMS is approx. Rs.1,70,000 per annum.

What is the scope of MMS?

In year two, students are given the option of studying a specialization, which in most cases is Marketing, Sales, Human Resource Management, Operations, or  Finance. Business Consultant, Marketing Manager, Finance Manager, Operations Manager, Sales Manager, and Marketing Manager are all job roles available to MMS graduates. Know more.

Is MMS better than PGDM?

PGDM is an abbreviation of Post Graduate Diploma in Management, which is a one-year full-time program that is equivalent to an MBA degree. Your choice of PGDM or MBA will depend on your career goals.
To get to the best management institutes it’s important to have a good score in the CAT exam.
MMS stands for Management of Micro, Small & Medium Enterprises, and is a one-year program.
Therefore, PGDM is a better choice for those who wish to pursue a career in management, while MMS better suits those who wish to have a career in entrepreneurship.
 

Getting Ready for Your MMS Interview?

Interviews are generally conducted by alumni or members of the admissions committee one-on-one during the Master of Management Studies program. During the interview, only your resume and CV will be seen by the interviewer. Don’t waste your allotted time talking about one skill or answering just one question, because interviewers only have so much time to get to know you. Keep your writing concise, but detailed. know more.

MMS Admission 2021: How to Apply?

Admission to top MMS Marketing colleges is possible if you get good scores in your entrance exam MAH-CET 2021, followed by a good interview with the MMS Marketing college. Indira Institute of business management is one of the famous MMS Marketing colleges in India providing MMS Marketing education. Click here to know more

Which colleges accept MAH CET score?

MAHS CET 2021 scores will be accepted by 330 MBA colleges for MBA/MMS admission in 2021. It is the last MBA entrance examination they will administer, with students having a chance to get into top MBA colleges including IIBM, JBIMS, SIMSREE, PUMBA, Dy Patil, and N L Dalmia. Through the Centralized Admission Process (CAP) 2021, Maharashtra DTE will conduct MBA/MMS admissions in all these MBA colleges in July/August of 2021.

Can I do MMS if I have 45 in graduation?

Yes, in the reserved category. The Eligibility Criteria for M.M.S. Finance is 1. Minimum 50% aggregate marks (45% marks for SC/ST/PWD candidates) in Graduation with Mathematics and/or Statistics as one of the subjects. 2. Minimum 50% aggregate marks (45% marks for SC/ST/PWD candidates) in Graduation with Mathematics and/or Statistics as one of the subjects.

What is the eligibility criteria for MAH CET MBA 2021?

The Eligibility Criteria for M.M.S. Finance is 1. Minimum 50% aggregate marks (45% marks for SC/ST/PWD candidates) in Graduation with Mathematics and/or Statistics as one of the subjects. 2. Minimum 50% aggregate marks (45% marks for SC/ST/PWD candidates) in Graduation with Mathematics and/or Statistics as one of the subjects.

IIBM Summer Placements 2020 Top Recruiters

The top companies that approach colleges for MMS placements in Mumbai are L&T, TCS, Wipro, Reliance, Tata, Infosys, Godrej, Nirula’s, Bajaj, Birla, GE, HCL, Wipro, ACIL, Chennai Petroleum, ICICI, ABB, Daiichi Sankyo, Hope, AMD, L&N, Tata Steel, Cipla, Dr.Reddy’s, Torrent, Dr.Reddys, GlaxoSmithKline, Lupin, Mylan, Wockhardt, Glenmark, MSD, Orchid, Sun Pharma, Cadila Pharmaceuticals, etc.

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