MMS (Master of Management Studies) Course

MMS or Master of Management Studies is a post-graduate programme. This course provides management skills and relevant training to students. Candidates who want to make a career in the marketing-sales or finance sector can choose this course. After completing the MMS programme, aspirants can find various job opportunities in almost every domain and industries.

Quick Overview  - Master of Management Studies

Particulars Details
Course Name MMS
Full Form Master of Management Studies
Course Type Postgraduate
Duration 2 Years
Eligibility Criteria Graduation

The duration of the MMS programme is 2-year and approved by the AICTE. No doubt the MMS programme is specially designed for those students who want to develop a business. The MMS course is divided into 6 equal semesters including many topics like Marketing Management, Negotiation and Selling skills, financial management, legal and tax aspects, business environment, management Information systems etc.

Candidates can pursue this course right after graduation. Candidates who belong to the Science stream or commerce stream can also apply for an MMS course just like MBA.  MMS is a sub-domain of MBA and also known as PG management programme. Several Maharashtra universities offering an MMS programme instead of an MBA course. Candidates can be specialized in MMS programme like- finance management, international business etc.

MMS Course Eligibility Criteria:

To pursue the MMS course students need to fulfil the following eligibility-

  • Aspirants must be graduated in any discipline stream/ equivalent course from a recognized college/university/institute.
  • Aspirants should be qualified with the required aggregate.
  • Candidates who are waiting for final results are also eligible to apply for MMS. After the declaration of the result, they need to submit proof of passing.
  • Candidate who has to belong SC/ST category must obtain 45% marks to apply for MMS.

We have read about the introduction of the MMS (Masters of Management Studies) course and the eligibility criteria required for admission to this course. Now we shall read more about the details of the course.

Admission Process

The admission process in the MMS(Master of Management Studies) course is conducted through entrance exams held by various leading institutions through nationwide conducted entrance exams such as CAT (Common Aptitude Test), CMAT (Common management admission test), MAT (Management Aptitude Test), GMAT (Graduate Management Aptitude Test), XAT (Xavier Aptitude Test), etc.

The students have to surpass the cutoff marks to seek admission to the respective colleges/universities followed by interviews or group discussions. The colleges/universities release their merit list as the minimum marks required to get admission.

Some of the institutions also conduct their entrance examinations or the states conduct entrance exams for admission in their respective state. Some of the popular entrance exams of such kind are the MH CET (Maharashtra Common Entrance Test), RMAT (Rajasthan Management Aptitude Test), Andhra Pradesh Integrated Common entrance test, etc.

Entrance exam Syllabus for MH CET

MH CET is the most popular entrance exam for MMS courses as most of the prestigious colleges are located in Maharashtra. Students need to appear for the exam and then clear the interviews and group discussion as the final procedure for admission.

The MH CET is a Computer Based Test (CBT) consisting of 200 questions for 120 minutes. One mark is given for right answer and there is no negative marking.

MH CET consists of four subjects with logical reasoning having the highest weightage of 75 marks, followed by quantitative aptitude and verbal ability of 50 marks and a section of abstract reasoning with 25 marks

The syllabus for MH CET is listed below:

Verbal Ability and Reading Comprehension

  • Reading comprehensions
  • Synonyms
  • Antonyms
  • Spellings
  • Inappropriate usage of words
  • Fill in the blanks
  • Prepositions
  • Error detection
  • Sentence completion
  • Para jumbles
  • Para completion

Quantitative aptitude

  • Number system
  • HCF
  • LCM
  • Ration and proportion
  • Simplification
  • percentage
  • Average
  • Age
  • Time and work
  • Speed time and distance
  • Pipes and cisterns
  • Mixtures and allegations
  • Profit and loss
  • Discount
  • Train, boats, and streams
  • Bar graph/line graphs/ pie charts
  • Data sufficiency
  • Quadratic equations
  • Permutations and combinations
  • Sequence and series
  • Angles/ triangles
  • Circles and polygons
  • Trigonometric ratios
  • Height and distance
  • Maxima minima
  • Area and volumes

Logical reasoning

  • Arrangements
  • Directions
  • Blood relation
  • Critical reasoning
  • Syllogism
  • Coding decoding
  • Coded inequality
  • Series
  • Abstract reasoning
  • Series
  • Analogies
  • Odd one out

Course for MMS (Master of Management Studies) course

The MMS course is postgraduate for two years which is divided into 4 semesters, two semesters for each year. All the colleges more or less offer the same subjects. In the final year, the students have to choose their area of specialization out of the subjects like Human resources, finance, marketing, operational management, and information management

Semester I

  • Financial accounting
  • Managerial economics
  • Negotiation
  • Selling skills
  • Effective and management communication
  • Business statistics
  • IT for management
  • Perspective management
  • Operational management

Semester II

  • Operation research
  • Marketing
  • Legal aspects of business and taxation
  • HR management
  • Finance management
  • Entrepreneurship
  • Business research methods
  • Analysis of financial statements

Semester III

  • Human resource
  • Marketing
  • Operations
  • Strategic management
  • Finance
  • International business

Semester IV

  • Finance
  • Human resources
  • Marketing
  • Operations
  • Project management
  • Finance
  • Final project

Leading colleges for pursuing MMS(Masters of Management Studies)course:

The fee structure of any college depends on some basic factors such as the location of the colleges, type of institution whether it is private, government, or aided, and the rating of the college.

Some of the colleges also offer some scholarship features which differs from college to college

SL No. Name Of The Colleges Location Average Fees
1 IIT Bombay Mumbai 4-5 lacs INR
2 IIM Bangalore Bangalore 7 lacs INR
3 IIM Gujarat Ahmedabad 5,90,000 INR
4 ITM business School Navi Mumbai 4,60,000 INR
5 IIM Kolkata Kolkata 5,30,000 INR
6 Indian School of Business Hyderabad 15000 INR
7 Symbiosis International University Pune 2,80,000 INR
8 IIM Kerala Kozhikode 9,90,000 INR
9 Xavier Institute of Management and research Mumbai 2,60,000 INR
10 Bhartiya Vidyapeeth Deemed University Pune 1,92,300 INR
11 SRM Institute of Technology Chennai 3,48,250 INR
12 ICFAI Institute for Higher Education Hyderabad 35,000 INR

Career opportunities for MMS (Masters of Management Studies) graduates

MMS graduates can apply for various career job profiles as mentioned below both in the private and government sector.

  • Recruitment manager
  • Account manager
  • Brand manager
  • Marketing head
  • HR generalist
  • Operations head for card payment head
  • Management consultant
  • Project manager
  • Equity research analyst

Apart from these the Graduates can also open up their business firms and become an entrepreneur. The graduates can also move to academic institutions and become a lecturer or a professor.

Salary of MMS (Masters of Management Studies) graduates

The MMS (Masters of Management Studies) course holds almost the same value as an MBA graduate. The national companies offer around 4-14 lacs of average salary per annum. The salary package differs from person to person depending upon the individual’s performance and designation. The prestigious firms and multinational companies offer much higher value and range of salary to the graduates.

The common job profiles and average salaries incurred by the graduates are enlisted below

  • As a Brand Manager, you can earn approximately 10.3 lacs
  • As an Account manager, you can earn approximately 5.9 lacs
  • As a Recruitment Manager you can earn approximately 9.3 lacs
  • As a business consultant, you can earn approximately 9.8 lacs
  • As an HR manager you can earn approximately 7-8 lacs
  • As a Finance manager, you can earn approximately 10 lacs
  • As a Marketing Manager you can earn approximately 7 lacs
  • As a Project manager, you can earn approximately 15 lacs
  • As an Equity Research Analyst, you can earn approximately 5 lacs
  • As a Marketing consultant, you can earn approximately 11 lacs

Apart from the private organizations, there is also scope in government sectors such as project, account, recruitment managers, etc

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