MMS (Master of Management Studies): Course, Full Form, Admission 2024, Fees, Syllabus, & Career Scope

Updated on Sep 9, 2024 02:13 IST

MMS course full form is Master of Management Studies. Master of Management Studies (MMS) is a two-year postgraduate Management course aimed at providing advanced-level knowledge on various areas under management and business administration, strongly focusing on entrepreneurial skills required for the growth of the organization. The course prepares individuals for leadership roles in various organizations, including corporations, non-profits, and government agencies. 

Eligibility for Master of Management Studies requires one to complete graduation in any field preferably business and management from a recognized college/university with an aggregate of 50% or more. A lot of candidates choose to pursue an MMS course as an extension to the BMS course and acquire more knowledge on management and related concepts. Admission to MMS degree is based on entrance exams, and candidates need to have a good score them to pursue the course from their dream college.

Some of the commonly accepted entrance exams for MMS in India include CAT, XAT, MAT, CMAT, ATMA, etc. Candidates have the choice to pursue the course from the government as well as private colleges. Some of the popular colleges offering MMS courses include Kohinoor Business School, AIMS, Welingkar Mumbai, and JBIMS Mumbai. The average course fee ranges from INR 69,000 - INR 6.7 lakh depending on the college/university.

Once graduated with the MMS course, candidates can opt for job profiles such as Management Consultant, Investment Manager, Stock Research Analyst, Card Payments Operations Head, etc. The average salary that an MMS course graduate earns ranges between INR 4 LPA and INR 8 LPA. 

MMS Course Latest Updates:

  • The MAT 2024 registration process for the December session is open for the CBT Phase 1 exam, and the last date is Nov 30, 2024. For PBT and CBT Phase 2 exams, the registration ends on Dec 7 and Dec 15, 2024, respectively. Further, MAT 2024 CBT Phase 1, PBT, and CBT Phase 2 exams will be scheduled on Dec 7, Dec 14, and Dec 22, 2024, respectively.

  • The CAT 2024 registrations are open for MMS courses and the last date of registration is Sep 13, 2024 (till 5 PM). Further, the CAT 2024 exam is scheduled on Nov 24, 2024.

  • The XAT registration 2025 for the MBA/PGDM courses is open and the last date is Nov 30, 2024. Candidates can visit and register themselves on the official website. Further, the XAT 2025 exam will be conducted on Jan 5, 2025.
Table of Contents
  1. Master of Management Studies Course: Highlights
  2. All About Master of Management Studies
    • 2.1 Why Pursue a Master of Management Studies?
  3. MMS Admission 2024
    • 3.1 MMS Course Eligibility Criteria
  4. MMS Course Entrance Exams 2024
  5. Master of Management Studies Syllabus
    • 5.1 Master of Management Studies Specialisations
  6. Top Indian Colleges for MMS
    • 6.1 Top Private Colleges for MMS
    • 6.2 Top Government Colleges for MMS
  7. MMS Career Scope: Job Profiles, Salary and Top Recruiters
    • 7.1 MMS Salary in India
    • 7.2 MMS vs MBA Salary
    • 7.3 MMS Top Recruiters
  8. MMS Courses FAQs

Master of Management Studies Course: Highlights

MMS course helps students obtain a grasp of the principles and dictums of management and how they can be employed to achieve corporate and social aims. Students can apply for an MMS degree after passing the three admission stages, which include an entrance exam, a group discussion, and a personal interview.

The main features related to the MMS course are tabulated below:

Particulars Details
MMS Full Form Master of Management Studies
MMS Course Level Postgraduate
MMS Course Duration 2 Years
MMS Course Entrance Exams CAT, MATXAT, MAH CETTISS NET, etc.
MMS Course Fee INR 1 to 10 lakh
MMS Course Average Salary INR 4 to 8 LPA
MMS Course Job Profiles Management Consultant, Investment Manager, Stock Research Analyst, Card Payments Operations Head, Hedge Fund Manager, Business Manager, Account Manager, Brand Manager, Project Leader
MMS Course Top Recruiters HDFC, HCL, Amul, Tata Motors, Aircel, Amazon, Essar, and so on.
MMS Course Popular Colleges IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, etc.
MMS Popular Distance Colleges XLRI JamshedpurChandigarh University, The Delhi School of Communication, JECRC, etc

Note: This information is sourced from the official website and may vary.

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Q:   What is the difference between MMS, MBA and PGDM?

A:

Each of these programmes deals with management and business administration concepts. While the nomenclature varies from programme to programme, the core subjects and curriculum remain the same.

The major difference between these programmes is that while MMS and MBA are degree programmes, PGDM or Post Graduate Diploma in Management is a Diploma programme. The MMS and MBA programmes are offered by universities and are affiliated with the University Grants Commission (UGC). On the other hand,  PGDM is offered by private or autonomous institutes which are generally affiliated with the All India Centre for Technical Education (AICTE).

Q:   What is a MMS course?

A:

A two-year post-graduate management programme known as the Master of Management Studies (MMS) has been authorised by the All India Council of Technical Education (AICTE). It is essentially an MBA-style management course. The post-graduate management degree programmes are offered in some universities under the names MBA and MMS, respectively. The majority of Maharashtra's universities provide MMS as an alternative to MBA. The MMS curriculum is made to help people who want to work in the industry enhance their business management abilities and get the training they need.

All About Master of Management Studies

The MMS course is a two-year postgraduate study that contains four semesters. Individuals can explore the world of Business Management through the MMS course. Master of Management Studies includes expertise in huge corporate aspects such as marketing, management, and finance.

MMS courses provide several prospects in a range of distinctive profiles such as Account Executive, Marketing Manager, Business Manager, and many others. Those who complete the Master of Management Studies will secure a better job with a bigger salary package and an effective management role. 

Why Pursue a Master of Management Studies?

  • Career advancement: Many professionals pursue an MMS course to advance their careers and take on leadership roles within their organizations. 
  • Specialization: MMS courses often offer opportunities for students to specialize in specific areas of management, such as finance, marketing, operations, or entrepreneurship. 
  • Skill development: MMS programs provide students with a broad range of skills essential for effective management, including strategic thinking, decision-making, problem-solving, communication, and leadership.
  • International exposure: Many MMS programs offer opportunities for students to gain exposure to global business practices through international study trips, exchange programs, or coursework focused on international business.

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Q:   Which course should I choose between MBA and MMS?

A:

One of the most common postgraduate degree courses that prepares you for managerial and administrative professions in management is the Master of Business Administration. It is typically a two-year degree programme divided into four semesters, but the time period may vary depending on the degree.

Despite its growing popularity, the Master of Management Studies programme is still relatively new in comparison to the MBA. It is also a degree that will land you a profitable job in business. This degree is also two years lengthy and divided into four semesters, but there are no modifications - only the master's course. 

Read More: Difference between MBA and MMS

Q:   What are the career opportunities in MMS?

A:
You can explore in to MMS with good colors, as there are post like management trainee, sales executive, assistant manager, relationship manager etc. Also, there are opportunities wherein you can build your own startups through the MMS knowledge provided by B-School.

MMS Admission 2024

Here is the general step-by-step guide for Admission in the MMS Course:
  • Step-1 Choose the program: First Review the curriculum, specializations, faculty, and facilities after that check academic qualifications, entrance exam requirements, and any additional criteria.
  • Step-2 Prepare Required Documents: Prepare all the documents beforehand so that no last-minute issues occur. The documents include academic mark sheets, certificates, Standardized Test Scores (MAT, CAT, etc), and letters of recommendation.
  • Step-3 Fill out the Application Form and Pay the Fees: Complete the application form provided by the institution. This may be done online or on paper and pay any required application fees.
  • Step-4 Entrance Exams (if applicable): Register and Prepare for the entrance exam. Take the exam then wait for the result.
  • Step-5. Submit Application: Submit all required documents along with the completed application form. Always ensure that all documents have been received and verify the status of your application.
  • Step-6 Interview (if applicable): Some colleges require a personal or virtual interview Attend it and demonstrate your motivation, skills, and suitability for the program.
  • Step-7 Await Admission Decision: Monitor the admission portal or your email for updates on the results. If accepted, an official offer letter will be provided by the university.
  • Step-8 Confirm Enrollment: Confirm your intention to enroll in the program and Pay the required enrollment or tuition Fees.
  • Step-9 Prepare for the Start of Classes: Follow instructions for course registration and orientation. If needed, arrange for on-campus or off-campus housing and attend any orientation sessions to familiarize yourself with the campus and program.
  • Step-10. Start Classes: Attend classes and start your academic journey.
Note: Be sure to check the specific requirements and deadlines for each program as they can vary. Some programs may also have additional steps or unique requirements.

Read More: MMS Admission 2024

MMS Course Eligibility Criteria

The minimum MMS eligibility criteria vary depending on the university or college to which the candidate is applying. Interested students need to fulfill the below-mentioned eligibility criteria to get admission to the Master of Management Studies program.

  • The basic eligibility criteria for MMS is Graduation in any discipline or equivalent from a recognized university
  • Most of the institutes follow the minimum score criteria in Graduation fixed by the AICTE which is 50% or equivalent. For Reserved category students, the minimum score is 45 percent in aggregate.
  • The Mumbai University grants admission to students who have passed a bachelor’s degree (minimum duration of 3 years) with at least 45% aggregate (40% for backward and Maharashtra state candidates).

Note: This information is sourced from the official website and may vary.

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Q:   What is the eligibility for pursuing MMS course?

A:

The Master of Management Studies (MMS) is a two-year postgraduate study that contains four semesters. Individuals can explore the world of management through this course. In order to secure admission to the MMS course, a student needs to fulfill the below-mentioned points:

  • A candidate must have passed his graduation in any discipline.
  • A candidate must have scored at least 50 per cent score in graduation.
  • Reserved category students must have scored 45 per cent marks.

Q:   Which course should I pursue among MBA and MMS?

A:
Best part of SIESCOMS are they treat students of PGDM and MMS equally in term of placement, internship, facility and Infrastructure. The only difference is name of the degree one is MMS and other is PGDM. Since I am a PGDM student, I can say in PGDM, since the colleges have autonomy the curriculum can be updated regularly depending on the need in the Industry. Hence one can say that PGDM courses are more industry relevant, up to date as compared to MBA courses. However university MBA programmes too are of value, it totally depends on the university one wish to do MBA. All the best.

Q:   What is difference between PGDM, MBA and MMS? Is MMS required?

A:
Difference between PGDM, MBA & MMS is that PGDM is a diploma in management which is not a masters degree just like MBA or MMS. MBA is a full time or a part time masters degree in business administration which is not offered by Mumbai university but by other Indian universities like Delhi, Karnataka, Andhra Pradesh, Dehradun and so on . Whereas MMS is a full time masters of management studies just like BMS offered by Mumbai university but which is not offered by some other Indian universities. MMS is required only if you are doing Masters in management studies course offered by Mumbai university. It all depends upon your choice, will & decision whether you want to pursue PGDM, MBA OR MMS. As far as I know is that companies or corporates don't look whether you have pursued MBA, MMS, PGDM , PGPM OR PGDBM. All they look for is that from which college, university or institute you have pursued your management degree, program or diploma. What really matters is the placements and the package offered by the companies visiting the institute from where are pursuing your management course. Even if an Institute has autonomous approval given by the government of INDIA just like IIM, JBIMS, NMIMS, Welingkar, IBS and so on has equal importance in the courses offered by them just like a university recognised or approved by the government .

MMS Course Entrance Exams 2024

MMS admission is done based on entrance exam scores, personal interviews, and group discussions. Aspirants have to first clear the relevant entrance exam and then apply for admission.

The institute selects candidates for personal interviews and group discussions based on their minimum score criteria. A final MMS admission offer is made to the candidates who clear the personal interview and group discussion rounds.

Given below is the list of top MMS exam scores that are valid for admission to various B-Schools.

Entrance Exams

Exam Dates

Exam Details

CAT

24 Nov '24

CAT Schedule

MAT

MAT 2024 CBT 1 - 7 Dec '24

MAT 2024 PBT - 14 Dec '24

MAT 2024 CBT 2 - 22 Dec '24

MAT Schedule

XAT

5 Jan '25

XAT Schedule

MAH CET

Mar '25 (tentative)

MAH CET Schedule

Note: This information is sourced from the official website and may vary.

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Important Exam Dates

DatesUpcoming Exam Dates

02 Dec '24 -

04 Dec '24

Karnataka PGCET Counselling Fee Payment and Admission Order Download - Round 2

07 Sep '24 -

07 Dec '24

MAT 2024 Registration Process PBT

ONGOING

15 Jul '24 -

10 Dec '24

XAT 2025 Exam registration

ONGOING

14 Nov '24 -

13 Dec '24

CMAT 2025 registration and application process

ONGOING

07 Sep '24 -

15 Dec '24

MAT 2024 Registration Process CBT 2

ONGOING

05 Nov '24 -

20 Dec '24

NMAT 2024 Exam Window

ONGOING

07 Dec '24

MAT 2024 CBT 1

DatesPast Exam Dates

30 Nov '24

Karnataka PGCET Counselling Final Seat Allotment - Round 2

29 Nov '24

Karnataka PGCET Counselling Provisional Seat Allotment - Round 2

26 Nov '24 -

29 Nov '24

Karnataka PGCET Counselling Option Entry - Round 2

Q:   What are the entrance exams for BMS course?

A:
Entrance tests conducted by some of the top institutes of the country for bms are DU JAT (Delhi University Joint Admission Test) IPMAT (IIM Indore Integrated Program in Management Apt.) ST. Xaviers Entrance Exam NPAT(National Test for programs after 12th) UGAT-AIMA (Under Graduate Admission Test AIMA) BUMAT(Bharati Vidyapeeth Deemed University Management Test) GOT (Gitam Online Test).

Q:   How to prepare for CAT exam?

A:

A well-balanced approach is essential for success in the CAT exam, aspirants must be aware. Six to eight hours of daily study time must be included in the CAT 2024 preparation schedule. Working professionals must set aside at least four hours each day and eight hours on weekends for preparation. You must concentrate on the most crucial subjects that will help you earn good marks during the last stage of exam preparation. See the generic CAT exam preparation technique listed below, which any applicant can use to create a comprehensive study schedule.

Step 1: Carefully review the CAT 2024 syllabus and comprehend the CAT exam pattern 2024.

Step 2: Obtain  CAT books and other suggested literature.

Step 3: Join online MBA study groups on sites like Facebook, WhatsApp, Quora, YouTube, and Telegram.

Step 4: Create a monthly schedule, a weekly schedule, and a daily schedule.

Step 5: For the best outcomes, follow the timetable and preparation plan for the CAT.

To Read More: How to prepare for CAT entrance exam?

Master of Management Studies Syllabus

The MMS syllabus is more or less the same as that of the MBA. Those who opt for specialization, are required to study topics related to that particular specialization in the second year, followed by projects and internships.

The MMS course lasts two years and is divided into four semesters. Each semester adheres to a set course plan devised by the business schools themselves. The first year of the MMS course consists of subjects and topics designed to understand the basics of business administration and business management. In the second year, the candidates are given the option to study a specialization mainly, Marketing, Sales, Human Resources, Operations, and Finance.

Listed below are some of the topics that are a part of MMS syllabus.

MMS Course Semester 1

Essentials of Management 

Business Statistics

Financial Accounting

Operations Research

MMS Course Semester 2

Marketing Management

Human Resource Management

Corporate Social Responsibility

Business Ethics

MMS Course Semester 3

Organisational Behaviour

Macroeconomics

e-Commerce

Introduction to Creativity and Innovation Management

MMS Course Semester 4

IT Skills for Management and Technology Platforms

Personal Grooming/Personal Effectiveness

Information Technology for Management

Intellectual Capital and Patenting

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Master of Management Studies Specialisations

Some of the popular specialisations offered in MMS programme are listed below:

Specialisation

Details

Human Resource Development

The success of a company or organization can be improved with the assistance of the Human Resource Management department. Students who want to work in the corporate sector will benefit from this degree.

Marketing Management

Every organization, no matter how large or small, requires a marketing team to popularise the brand through activities such as promotions, advertisements, sales, media, and entertainment. Today, as companies use the social media world for brand promotion, a new branch of marketing, online or digital marketing, has become the trend among new-age students.

Finance Management

The finance strategy allows the aspirant to study and earn by analyzing company reports, projecting business trends, maximizing stock prices and profitability, limiting financial risks, and managing capital investment.

Operations Management

Operations are the foundation of any firm. It comprises successfully managing and running an organization's business practices in order to produce maximum production. Any operations team or department's role is to acquire resources, materials, equipment, and personnel, as well as develop technology, to assure maximum output with little input.

Information Management

This specialism enables graduates to find work in a variety of IT organizations that offer a competitive salary and opportunities for advancement. Candidates with a master's degree can also find work in finance, taxation, and government sectors.

International Business

Companies that want to expand and establish their business in a foreign country need professionals who have been trained to deal with international scenarios and are familiar with the concepts and theories that can be beneficial to the establishment of a business.

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Popular Specializations

Q:   Does the MMS curriculum include internships?

A:

Yes, internships and industry exposure are common components of many MMS (Master of Management Studies) programmes. This is due to the fact that internships are an excellent opportunity for students to obtain hands-on experience in the field of management while also networking with professionals.

The MMS curriculum is designed in such a way that the students get the opportunity for a summer internship, industry visits, guest lectures, alumni meetings, etc. which build a strong professional base even before they start their careers as management graduates. 

Q:   Which is better between MBA and MMS?

A:
Firstly understand what do they mean: MMS degrees are the same as MBA degree, the only thing is that Mumbai University gives MMS degrees instead of an MBA. The difference between MBA and post graduate diploma are : 1) MBA is a degree course, while other is a diploma course. 2) MBA degree is provided by only those institutes that are affiliated to any university. e.g . . . . JBIMS and FMS, PUMBA. These B-schools are university deparments of their respective university. They follow an academic curriculum as prescribed by the university. Hence these B-Schools give MBA and MMS degrees. PGDM courses are offered by private B-Schools that are not affiliated to any University. For example, IIM's, XLRI, IIFT, SP Jain. These institutes prepare their own syllabus, and they are no way dependent on the universities and enjoy full autonomy of their courses. So B-schools like NMIMS, SP Jain used to provide MMS degrees while they were affiliated to Mumbai University, but now since they have become autonomous, they no longer provide MMS degrees and give PGDM. All the best!

Top Indian Colleges for MMS

When it comes to choosing the ideal business school or institute based on their professional goals, interests, and future employment prospects, management students have several possibilities.

The below tables highlight the names of both private and government colleges offering this management course. The colleges mentioned in the table are listed alphabetically and not in any order of ranking hierarchy.

Top Private Colleges for MMS

Several private colleges in India are well-regarded for their Master in Management Studies (MMS) courses.

Given below is the list of 10 popular private colleges offering MMS courses along with their fee.

Top Private Colleges

Average Fees (in INR)

AIMS

2.6 L

Durgadevi Saraf Institute of Management Studies 

3.72 L

JBIMS Mumbai 

6.01 L

Kohinoor Business School

4.25 L

Lala Lajpatrai Institute of Management 

2.79 L

MET Institute of Management

1.26 L

SIES College of Management Studies

4.52 L

SVIMS

3.3 L

Welingkar Mumbai

6.7 L

Yashwantrao Chavan Institute of Social Science Studies and Research

24 K

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Top Government Colleges for MMS

Several prestigious government colleges in India offer MMS courses. These institutions are known for their rigorous academic standards, experienced faculty, and strong industry connections.

The names of 10 popular government colleges offering MMS courses along with their fee are:

Top Government Colleges 

Average Fees (in INR)

Indian Institute of Science, Bangalore

3.4 L

SIMSREE - Sydenham Institute of Management Studies, Research and Entrepreneurship Education

69 K

UNIPUNE

2.5 L

Note: This information is sourced from the official website/counseling body and may vary.

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Colleges Offering MMS Course in India

65 Courses
64 K - 33 L
20 - 35 LPA
98 Courses
11.3 K - 24.5 L
32.5 - 33 LPA
8 Courses
4.2 K - 24.2 L
25 LPA
41 Courses
27 K - 58.84 L
24 - 28 LPA

Business & Management Studies Applications open. Apply Now

78 Courses
59 K - 31 L
20 - 33.67 LPA
1.84 L - 22.5 L
25 - 27 LPA

Q:   Which are the top B-schools offering MMS course?

Q:   What are the job opportunities after doing MMS from GNIMS, Mumbai?

A:

After completing your Master of Management Studies (MMS) from GNIMS, Mumbai you can try to seize various job opportunities some of them being 

  1. Management consultant
  2. Sales and Marketing 
  3. General Management etc.

 

Q:   What are the career prospects after completing MMS from VESIM?

A:

There are so many career opportunities at after completing MMS from VESIM, you can sit on campus placements. Many companies like TCS, Wipro etc visit the college and offer good packages. You can go off campus for various top MNCs and management posts. You can go for start up & you can go for bank sides . There are so many opportunities open after MMS from VESIM.

The highest package for MMS course also went up to 12.25 LPA offering great placements and carrer peospects for its students.

Q:   Which college offer MMS course in Mumbai at an affordable price?

A:
Hello, SIMSREE (Sydenham) and JBIMS (Jamnalal Bajaj) are two MBA colleges in Mumbai renowned for their affordable fees and great placements. Visit their websites for more details.

Popular Private MMS (Master of Management Studies) Colleges in India

1 Course
4.69 L
2.8
2.61 L
1.5
1 Course
2.26 L
4.17 LPA
13 Courses
50 K - 5.8 L
5 LPA
2 Courses
13.3 L
11 Courses
1.3 L - 26 L
25.58 LPA

MMS Career Scope: Job Profiles, Salary and Top Recruiters

An MMS degree course offers a wide range of career opportunities in India across various industries and sectors. The versatility of the MMS course allows graduates to pursue diverse career paths based on their interests, skills, and aspirations.

Additionally, networking, internships, and continuous learning are essential for MMS graduates to stay competitive and advance in their careers.

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MMS Salary in India

The average income of MMS graduates is determined by a number of factors. These include the institute, MMS aggregate percentage, job interview performance, negotiation skills, actual skill set and knowledge, work experience, additional achievements, holistic skills, and so on.

After completing MMS course, the candidate can get various managerial-level and consulting jobs in almost all domains and industries. Given below is the list of some popular MMS jobs and their average salary in India.

Job Profile

Description

Average Salary 

Management Consultant

A management consultant is a professional who provides expert advice and assistance to organizations to help them improve their performance, efficiency, and overall effectiveness. 

27.2 LPA

Business Consultant

A business consultant is a professional who provides expert advice and guidance to businesses to help them improve their performance, solve specific problems, or achieve their goals. 

13.7 LPA

Project Manager

A project manager is a professional responsible for planning, executing, and overseeing the completion of specific projects within an organization.

18.3 LPA

HR Manager

An HR manager is a professional responsible for overseeing all aspects of human resources functions within an organization.

11.4 LPA

Marketing Manager

A Marketing Manager is a professional responsible for planning, executing, and overseeing marketing strategies and campaigns to promote a company's products or services and achieve its business objectives. 

12.1 LPA

Note: The average salary has been taken from Ambitionbox.com.

MMS vs MBA Salary

MMS and MBA graduates' incomes vary based on a variety of criteria, including the institute from which they graduate, the specialization they pick, the firm and industry in which they obtain a position, and the country's economic conditions. MBA graduates, on average, earn slightly greater earnings than MMS graduates.

According to a survey, the average annual pay for an MBA graduate in India is INR 8.5 lakh, whereas the average annual compensation for an MMS graduate is INR 6.5 lakh. Some MMS graduates, however, make substantially more than this, with some earning up to INR 13 lakhs per year. MBA graduates earn somewhat better incomes since MBA programs are often more rigorous and difficult than MMS programs.

MBA programs often require students to pursue a broader range of courses while also emphasizing theoretical expertise. This can provide MBA graduates with a competitive advantage in the employment market.

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MMS Top Recruiters

MMS courses in India attract recruiters from various sectors, including consulting, finance, technology, consumer goods, manufacturing, and more. Many MMS courses have tie-ups with various companies for campus placements and internships, providing students with opportunities to explore diverse career options.

Listed below are some of the companies which hire MMS graduates for various job profiles.

MMS Top Recruiters 

A.C. Neilsen

Bharti Airtel

Hero MotorCorp

ING Vyasa Bank

Bloomberg

Hewlett-Packard

ING Vyasa Mutual Fund

BNP Paribas

Standard Chartered Bank

Ingersoll Rand

Bombay Stock Exchange

State Bank of India

Intel Corp

Bosch

Sun Pharma

IOCL

Boston Consulting Group

Tata Capital

ITC

Philips India Ltd.

Tata Consultancy Services

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Q:   What are the opportunities after completing MMS?

A:

There is a plethora of opportunities after completing the MMS programme. The most common and popular option is to participate in the placement process and join one of the top league companies in functions/roles such as Manager or Senior Executive in Finance, Operations, HR, Sales, and Marketing, or become a Management Consultant.

Students who aspire to be an entrepreneur can work towards building their start-ups or ventures. Those who belong to business families can join their family business and bring forth fresh ideas and strategies to ensure a consistent growth curve. Those with an academic bent of mind can pursue a career in research or teaching.

MMS Courses FAQs

Here are a few important questions regarding MMS course:

Q:   Why MMS is a popular course in Mumbai?

A:

MMS is predominantly offered in the state of Maharashtra. The B-schools affiliated with the University of Maharashtra, or those enlisted under the Directorate of Technical Education (DTE) Maharashtra offer MMS. The main reasons for pursuing MMS from Maharashtra are:

  • Mumbai is frequently regarded as India's commercial and financial hub. It has a thriving entrepreneurial scene in addition to a thriving corporate environment that is home to major international firms and financial institutions. As a result the city has a strong demand for managers and business professionals.
  • Students who pursue an MMS in Mumbai may be able to find employment in a variety of fields including banking,  consulting, media, entertainment and more. For MMS graduates, the city's dynamic economy offers a variety of job opportunities.

Q:   Can I pursue a Ph.D after completing MMS?

A:

Yes, you can pursue a PhD after completing an MMS (Master of Management Studies) degree. In fact, many people do so in order to further their education and advance their careers.

The specific requirements for PhD programs will vary from university to university. However, some common requirements include:

  • A master's degree in a related field
  • A strong academic record
  • Research experience

Q:   What is the value of an MMS vis-a-vis MBA and PGDM in the industry?

A:

The industry perceives the value of MMS to be equivalent to an MBA or a PGDM. As stated above, the course curriculum is on similar lines as that of the MBA and PGDM and the students get ample industry exposure along with approximately three-month summer internship. Moreover, if s/he is armed with an MMS degree from reputed institutes like JBIMS or SIMSREE, then its value is considered equivalent as that of a PGP from IIMs or MBA from FMS, Delhi or IIFT or a PGDM from XLRI Jamshedpur or MDI Gurgaon. 

Q:   What is the fee structure for MMS?

A:

The fee structure of MMS is much lower as compared to the PGP or PGDM programmes. The tuition fee of the major B-schools offering MMS programme range from INR 2 Lacs to INR 6 lakh. The fee amount may vary from institute to institute but the range of fees is likely to be around INR 10 lakh. The cost of an MMS (Master of Management Studies) degree varies by institute. However, the location of the institute, the duration of the programme, and the specialisation are all factors that may influence the cost structure.

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Answered 3 days ago

To get admission to the MMS programme at Lala Lajpatrai Institute of Management (LLIM), you need to follow these steps:

  1. Eligibility: Ensure you meet the eligibility criteria, which typically require a bachelor's degree with at least 50% marks (45% for reserved category students). You must also appear

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Abhignan bollam

Contributor-Level 10

Answered 3 days ago

The MMS (Master of Management Studies) programme at Lala Lajpatrai Institute of Management (LLIM) is highly sought after due to several factors:

  1. Industry-Relevant Curriculum: The MMS programme is designed to equip students with skills that align with industry demands. The curriculum covers areas like

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Abhignan bollam

Contributor-Level 10

Answered 3 days ago

The fees for the MMS programme at Lala Lajpatrai Institute of Management (LLIM) are approximately 1.65 Lacs for the first year. This fee is for the regular category, and it might vary slightly for different batches or under different schemes. Additionally, there are extra costs like hostel, mess, an

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Abhignan bollam

Contributor-Level 10

Answered 3 days ago

The eligibility criteria for the MMS programme at Lala Lajpatrai Institute of Management (LLIM) include the following:

  1. Educational Qualification: Applicants must have a bachelor's degree in any discipline from a recognised university with at least 50% marks (45% for reserved category students).
  2. Entran

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Abhignan bollam

Contributor-Level 10

Answered a week ago

After completing a Masters in Management Studies (MMS) from the Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) in Mumbai, you can pursue a variety of job opportunities:

Financial markets and institutions: Work in financial markets and institutions

Financial

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sarfaraz anshu

Contributor-Level 8

Answered 2 weeks ago

To apply to the MMS programme at MGM Institute of Management Studies and Research, Navi Mumbai, here is a step-by-step guide:

Check Eligibility: One must check his eligibility condition, i.e., if he has completed a bachelor's degree from any recognised university with 50 percent aggregate marks.

Entra

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KUMKUM BASWAL

Contributor-Level 8

Answered 2 weeks ago

The MGM Institute of Management Studies and Research, MMS course is one of the most sought-after programs because of its well-rounded curricula, industry exposure, and great placement scope. This programme provides students with not just a strong foundation in management but also the leadership skil

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KUMKUM BASWAL

Contributor-Level 8

Answered 2 weeks ago

The selection criteria for the MMS course at MGM Institute of Management Studies and Research, Navi Mumbai are based mainly on the performance of candidates in MHT-CET or the CAT/CMAT/GMAT scores, whereas the applicants must also meet the minimum eligibility requirements, that being holding a bachel

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KUMKUM BASWAL

Contributor-Level 8

Answered 3 weeks ago

The MMS application process at MGM Institute of Management Studies and Research calls for submission of some documents mainly based upon the eligibility and course completion criteria as under - generally, an entrance exam scorecard in any one of the accepted entrance exams that include MAH CET, CAT

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Suprabhat Ghosh

Contributor-Level 6

Answered 3 weeks ago

Charges vary according to type of room with special facilities in MGM Institute of Management Studies and Research located at Navi Mumbai. No such room and bed charges are mentioned anywhere on their website; however, similar colleges in the region charge between INR 80,000 to INR 1,20,000 per year

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Suprabhat Ghosh

Contributor-Level 6

Answered 3 weeks ago

MET Institute of Management offers a full-time MMS course at the postgraduate level. The institute provides the programme across multiple specialisations. The eligibility criteria is same across all of the offered specialisations. Students can check out the following list to know about some of the o

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Virajita Sharma

Contributor-Level 10

Answered 3 weeks ago

MGM Institute of Management Studies and Research Master of Management Studies (MMS) Admission 2024
Eligibility Criteria:
A graduate in any discipline from any recognised University with a minimum aggregate percentage of 50%. Students from the reserved category should have at least 45%.
Entrance Exams:
T

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Vikash Kumar Gupta

Contributor-Level 10

Answered 3 weeks ago

The Master of Management Studies at MGM Institute of Management Studies and Research is a very desirable course as it has many reasons for the same:
The placement cell is robust in the institute, making sure that 95% of students are placed in jobs. Large companies like TCS, Wipro, and HDFC recruit st

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Vikash Kumar Gupta

Contributor-Level 10

Answered 3 weeks ago

The entire fee for the Master of Management Studies (MMS) at MGM Institute of Management Studies and Research is approximately INR 2,16,720 for the course. However, the fee would depend on other components to be paid like application fees and examination fees. The specializations also differ in the

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Vikash Kumar Gupta

Contributor-Level 10

Answered 3 weeks ago

Eligibility for MGM Institute of Management Studies and Research Master of Management Studies (MMS)
Bachelor's degree awarded from any reputed university The average must be at least 50%.  For the students belonging to the reserved categories, it is 40%.
Entrance Exam Admission will be strictly on the

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Vikash Kumar Gupta

Contributor-Level 10

Answered 3 weeks ago

MET Institute of Management MMS admission is subject to fulfilment of the admission criteria as per the institute's guidelines. Students looking to seek admission in the programme must meet the basic eligibility i.e., graduation in the relevant field with a minimum aggregate of 50% (45% for reserved

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Virajita Sharma

Contributor-Level 10

Answered a month ago

Hi.The minimum eligibility requirement at SIMSREE for MMS :

You must be a graduate with a minimum aggregate score of 50%  (45% in case of candidates domiciled in Maharashtra and belonging to the Reserved Categories).

You must have appeared for an examination considered equivalent to graduation by the

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Dr. Uma Sinha

Scholar-Level 17

Answered a month ago

hey as you asked about MMS seats I want you to know that the MMS programme at XIMR typically has an enrollment capacity of around 120 students. This number can be a little bit changed according to academic year and institutional decisions. Admission to the MMS programme is competitive, and candidate

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Priyansu Negi

Contributor-Level 7

Answered a month ago

The list of top recruiters during JBIMS placements 2024 for MMS and other courses is presented below:

Sectors

Top Recruiters (2024)

BFSI & IB

HSBC, Standard Chartered, DBS

Consulting

BCG, Deloitte, McKinsey & Company

FMCG & Pharma

Unilever, Nestle, P&G

Mfg. & Conglomerate

Adani, JSW, Reliance Industries Limited

IT & E-Commerce

Amazon, HCLTech, Samsung

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Vishakha

Contributor-Level 10

Answered a month ago

JBIMS recorded 100% placements for the MMS programme in 2024. Further, the highest placement package recorded in the placements statistics of 2024 is INR 87.12 LPA. Check out the comparison of the highest placements package offered at JBIMS in 2022, 2023 and 2024 below: 

Particular MMS 2022MMS 2023MMS 2024
Highest Placements Package INR 27.63 LPA

INR 35.75 LPA

INR 87.12 LPA

 

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Vishakha

Contributor-Level 10

Answered a month ago

The key highlights of JBIMS MMS placements 2024 as compared with 2023 and 2022 are presented below:

Particulars

MMS Placement Statistics (2022)

MMS Placement Statistics (2023)

MMS Placement Statistics (2024)

Highest package

INR 42 LPA

INR 35.75 LPA

INR 87.12 LPA

Average package

INR 27.63 LPA

INR 28.02 LPA

INR 26.12 LPA

Median package

INR 26.48 LPA

INR 27.60 LPA

INR 26.4 LPA

Total recruiters

75+

55+

55+

New recruiters

22

15

13+

PPO / PPI offered

65

132

73+

Top recruiting sector

Consulting (39% offers)

BFSI & IB (43% offers)

BFSI & IB (49% offers)

Top 10% package

INR 34.22 LPA

INR 33.30 LPA

INR 32.89 LPA

Top 30% package

INR 29.62 LPA

INR 29.30 LPA

INR 29.35 LPA

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Vishakha

Contributor-Level 10

Answered a month ago

The seat allocation at JBIMS would be decided based on the admission process followed by the institute. JBIMS Mumbai offers a total number of 590 seats in MMS courses, from which 160 seats are allocated to MMS in the Financial Management course. To secure a seat in this programme, candidates are req

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Vishakha

Contributor-Level 10

Answered a month ago

The subjects that are taught in the first semester of the MMS course at JBIMS Mumbai are closely related to Management and Finance. These subjects aim to create a foundational base for students. Some of the subjects included in the first semester are:

  • Business Research and Quantitative Methods
  • Manager

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Vishakha

Contributor-Level 10

Answered a month ago

Yes, JBIMS Mumbai offers internships to MMS students. The institute offers various courses like MMS, MHRD, and Part-Time MMS with the lowest fees as compared to any other B-Schools. Additionally, the two-year course is structured into four semesters, with a summer internship project of 8-12 weeks be

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Vishakha

Contributor-Level 10

Answered a month ago

JBIMS MMS cutoff 2024 has been concluded for admission. The Cutoff is relevant for students interested in admission to JBIMS for the MMS course. The last-round closing score for this year as well as for the past two years are given. This data is relevant to help infer the cutoff trend at JBIMS. As p

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Vishakha

Contributor-Level 10

Answered a month ago

Candidates who are interested in applying for part-time MMS admission at JBIMS Mumbai need to pay INR 1,200 for the application process. Along with this, the MAH CET application fee must also be paid online during registration. Please note that payment through any other mode is not accepted. The app

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Vishakha

Contributor-Level 10

Answered a month ago

The MAH MBA CET 2025 exam date announcement can be expected in December 2024. The Maharashtra State CET Cell will announce the exam date on its official website mahacet.org. The exam will be conducted most likely in the second week of March 2025. There will be six sessions. Two sessions per day. In

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Vishakha

Contributor-Level 10

Answered a month ago

The admission dates for the 2025 batch have not yet been announced by the institute. It is anticipated that this year's admission dates would likely fall within the same range as those of the previous year. View the table below to learn about the important MMS course events that occurred for the 202

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Vishakha

Contributor-Level 10

Answered a month ago

There are differences in the selection procedure for the full-time and part-time MMS programmes at JBIMS Mumbai. Check out the selection process for particular courses below: 

Full-Time MMSPart-Time MMS
  • To pursue a Master of Management Studies (MMS) degree, students have to clear an entrance exam conducted by the appropriate bodies.
  • In order to be eligible for admission to this programme, candidates need to clear the MAH-MBA CET Exam/ CAT/ ATMA, etc.
  • The selection of the students for MMS programme is conducted through the Common Admission Process i.e., CAP Counselling carried out by DTE, Maharashtra. 
  • Admission will be based on the performance of applicants in the selection test. 
  • Selection test consists of “Common Entrance Test” and “Group Discussion”
  • Change in admission to the different programmes is not allowed after the admission is completed.

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Vishakha

Contributor-Level 10

Answered a month ago

Yes, JBIMS Mumbai offers MMS courses for full-time and part-time modes. The full-time MMS courses are available for a two-year duration, divided into four semesters. Further, part-time MMS courses are available in three years, divided into six semesters. The general eligibility criteria asked by the

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Vishakha

Contributor-Level 10