MMS (Master of Management Studies) Syllabus 2024: Subjects, Semester-wise Syllabus PDF, Top Colleges, Books
Pallavi Priyadarshini PandaContent Writer
The Master of Management Studies (MMS) is a two-year postgraduate degree. It is equivalent to an MBA degree and prepares students for careers in business management and entrepreneurship across industries. The MMS syllabus includes subjects and topics that impart knowledge related to theories and practices across several aspects of management, allowing students to take a holistic approach to actual events and conditions. Read below all about MMS syllabus.
- MMS Syllabus: Important Facts
- MMS Syllabus: List of Subjects
- 2.1 Core Subjects in MMS Syllabus
- 2.2 Elective Subjects in MMS Syllabus
- Detailed Syllabus for MMS
- Specialisations Offered In MMS
- Books and Authors Related to MMS
- Entrance Exams for MMS
- MMS Syllabus for Distance Program
- Top Colleges in India offering MMS
- FAQs on MMS Syllabus
MMS Syllabus: Important Facts
- MMS Course Duration
The MMS course has a duration of two years divided into four semesters. It is a postgraduate program that focuses on developing management skills.
- MMS Specialisations
As MMS is a postgraduate course, there are several specialisations offered in the second year of the program. Students can opt for their preferred specialisation from amongst Finance, Marketing, Human Resources, and so on.
- MMS Syllabus and Curriculum
Majority of the MMS program includes coursework with core and elective subjects. However, students must also undergo internships during the program in the final year to receive the necessary credits for course completion.
- MMS Career Scope
MMS graduates have a diverse range of work options. Graduates can apply for positions in a range of management areas including business consultancies, multinational corporations, industries, financial organisations, and academic institutions.
MMS Syllabus: List of Subjects
Core Subjects in MMS Syllabus
Given below is the table indicating core subjects included in MMS syllabus and their brief description.
Subject Title |
Subject Details |
---|---|
Perspective Management |
The subject exposes students to different ways of understanding organisations and approaches to managing the people who work in them. |
Business Research and Quantitative Methods |
Students learn about research for businesses and better awareness of business research methods, research design, collection and analysis of data, and the usefulness of statistics. |
Managerial Economics |
This subject deals with the fundamentals of managerial decision making, microeconomic theory, supply and demand, limitations of markets, and the global economy. |
Operations Management |
Students learn about productivity and competitiveness of organisations, practices of operations management, effective production and operations strategy. |
Organisation Behaviour |
The key to effective management is leadership and efficient organisation behaviour. This subject discusses behavioural science, social psychologand business practices. |
Business Laws |
This subject offers students with awareness of the legal environment in which consumers and businesses function, as well as understanding of legal concepts. |
Operations Research |
This subject seeks to familiarise students with quantitative resources and procedures that are commonly used in corporate decision-making, as well as to give a systematic quantitative perspective to problem solving. |
Macroeconomic Analysis |
The subject's goal is to teach students how to identify the causes of different macroeconomic variables like production, unemployment, pricing, and efficiency, as well as the key issues associated with measuring these aggregates. |
Corporate Finance |
The subject introduces methods that create a framework for logical judgement. The purpose of this subject is to build analytical abilities as well as to demonstrate the direct implementation of economic theory and research. |
Marketing Applications and Practices |
The focus of this application-oriented subject is to teach students advanced advertising & distribution theory and practise, as well as to acquire knowledge and skill for efficient market strategy and execution. |
Supply Chain and Logistics Management |
Through this subject, the focus is to teach students the principles and essentials of supply chain, as well as its numerous components such as logistics, supply planning, and distribution network. |
Strategic Management |
Students learn to recognise opportunities, dangers, and strengths and weaknesses in the operational environments of fictional and real-world firms, differentiate between various types and degrees of plan and strategy execution. |
Elective Subjects in MMS Syllabus
Given below is the table indicating core subjects included in MMS syllabus and their brief description.
Subject Title |
Subject Details |
---|---|
Econometrics and Quantitative Models in Finance |
Students are taught fundamental scientific investigations in economics, foundational data analysis, regression analysis, assessment, and forecasting through this subject. Its goal is to introduce students to basic and new concepts in finance, marketing, and operations. |
International Finance |
This subject intends to give students a fundamental grasp of how international financial markets function, as well as an awareness of exchange rates and why currency values vary. It teaches students the ways to manage risk in global markets. |
Service Marketing and Retail Management |
The subject aims to investigate the critical challenges confronting service operators and to successfully apply a customer-focused approach in service-based enterprises. |
Sales and Distribution Management |
The subject's goal is to give a customer-centred perspective to the manufacturing and distribution sector. The subject uses the Indian context as a foundation, but also reflects on case studies. |
Consumer Behaviour |
The subject focuses on the psychological elements of marketing management. It describes how markets and consumers respond in different situations, as well as how cultural, societal, individual, and psychological aspects impact their behaviour. |
International Human Resource Management |
The goal of this subject is to give students information and comprehension of IHRM, and the capacity and abilities to evaluate international HRM in modern organisations. |
Operations and Supply Chain Strategies |
The subject covers the notion of strategic planning and its different elements, as well as how they connect to the firm's general business plan. It demonstrates how operations strategy relates to providing value to customers and assists in identifying the various ways in which operations strategy may give a comparative edge to the company. |
Detailed Syllabus for MMS
The MMS program is divided into four semesters, consisting of core and elective subjects from the business and management discipline. Students can choose their preferred elective subjects to study in the second year of the course. Given below is the details of MMS syllabus:
Semester |
Core/Elective |
Subject Title |
Subject Details |
---|---|---|---|
1 |
Core |
Perspective Management |
This subject helps students to understand the needs for traits and competencies, basic principles of management, and the development of theories. |
Core |
Business Communication |
Students learn about communication tools, interpersonal communication methods and written communication through this subject. |
|
Core |
Business Statistics |
The subject deals with statistical techniques, data representation, probability, random variable, and sampling distribution. |
|
Core |
Business Laws |
Students learn about business in a legal environment, the Indian legal system, contracts, and cheques in this subject. |
|
Core |
Managerial Economics |
The subject discusses demand and supply, trade and types, monopoly, optimization of economic quantities, demand analysis, production and market analysis. |
|
Core |
Corporate Social Responsibility Business Ethics Corporate Governance |
Corporate Social Responsibility Business Ethics Corporate Governance |
|
2 |
Core |
Business Environment |
Understanding the business environment is an important aspect of management. This core subject lays emphasis on the economic markets, federal budget, and world economy |
Core |
Business Communications |
Through this subject, students learn about effective communication techniques, and creating business communication plans |
|
Core |
Management Science |
The optimisation techniques associated with business management are discussed in this subject. |
|
Core |
Research Methodology And Market Research |
The importance of business research in decision making, sampling process, data collection, market research, and report writing are discussed in this subject. |
|
Core |
Taxation- Direct and Indirect |
Students learn about the tax aspects of business, direct taxes, carry forwards, charging methods, returns and assessment. |
|
3 |
Core |
Strategic Management |
The subject deals with the aspects of strategic thinking, strategic formulation, tools for strategy, global markets, and strategy evaluation. |
Core |
International Business |
Students learn about international management and develop an analytical ability to attain an insight into International management contexts. |
|
Core |
Security Analysis and Portfolio Management |
Through this subject, students learn about securities, efficient market hypothesis, equity research and valuation, and fixed income security analysis. |
|
Core |
Derivatives and Risk Management |
Students learn about derivatives, forwards and futures, mechanics and properties of options, option trading strategies, risk management, and options volatility. |
|
Elective |
Financial Markets and Institutions |
The subject discusses the basic components of the Indian financial system, the role of the central bank, stock exchanges, and foreign exchange markets. |
|
Elective |
Investment Banking |
The subject deals with market and security issues, domestic issue management, mergers and acquisitions, corporate restructuring, and global capital market offers. |
|
4 |
Core |
Project Management |
Students learn about the overview of project management, project planning, scheduling, earned value analysis, and computer applications for project management. |
Elective |
Commercial Banking |
The subject introduces banking operations, banking products, legal aspects of banking, rural banking, risk management, capital adequacy norms, and treasury. |
|
Elective |
Business Analytics |
This subject focuses on statistics for business analytics, such as central tendencies and dispersion, advanced excel, using R studio, and data mining basics |
|
Elective |
Strategic Information Technology Management |
Students understand emerging trends of information technology to devise organisation strategy through this subject. |
Specialisations Offered In MMS
After the first year of MMS, students must choose their desired specialisation. Students will be able to steer themselves to the professional route that they wish to take by selecting the appropriate specialisation. Specific activities and internships linked to their specialisation will also be required of students throughout their academic years. MMS specialisations include the following:
MMS Specialisation |
MMS Specialisation Subjects |
Subject Details |
---|---|---|
Finance |
|
Finance specialisation will assist students in developing an emphasis on the creation and handling of financial resources in any sector. They will be allowed to understand how to tackle management challenges in a company, including dealing with money and investments. |
Marketing |
|
Students study sales and marketing, executive and leadership management abilities, market strategies, product management, market research, and consumer trends, among other things. They will also be able to recognise market choices based on need, competition, economics, and other factors. |
Operations and Supply Chain Management |
|
Through this specialisation, students will understand how to plan, construct, and oversee resource capabilities utilised by businesses to provide services or goods. This will also benefit students' organisational behaviour and commercial operations. |
Human Resources |
|
Learners in this specialisation receive instruction in workforce management. They also learn about human resource development methods. The emphasis is on ensuring that students understand their roles and responsibilities in an organisation and assist in the development and management of their culture. |
System and Digital Business |
|
With this specialisation, students develop the abilities needed to flourish by learning about information databases, data processing software systems, and analytical and quantitative measurement methodologies.
|
Books and Authors Related to MMS
There are several course books and reference books to refer during the MMS programme. These include books from famous authors and industry experts. Given below is a list of books for the core and elective subjects of the MMS program:
Subject |
Book Title |
Authors |
Description Of The Book |
---|---|---|---|
Perspective Management |
Management (14e)
|
Robbins, SP, & Coulter, M |
Various aspects of perspective management are discussed in this book. These include the methods that help to elevate the position of a business. |
Business Research and Quantitative Methods |
Research Methods for Business: A Skill–Building Approach
Business Research Methods |
Uma Sekaran and Roger Bougie
Pamela Schindler |
These books focus on the quantitative methods of business analytics. It includes the processes of business research through tools and programs for definite results. |
Managerial Economics |
Business Economics |
Mark Taylor, Andrew Ashwin, N Mankiw |
The book lays emphasis on the problems and challenges faced by business managers and the ways to solve such meagre and vast problems on a daily basis. |
Accounting: Financial, Costs, and Management |
Horngren's Accounting
Cost Accounting |
Tracie L Miller-Nobles, Brenda L Mattison, Ella Mae Matsumura
MY Khan and PK Jain |
These books focus on the foundation of accounting, the basics of cost accounting, and financial management. |
Marketing Management |
Principles of Marketing |
Philip T Kotler and Gary Armstrong |
The book discusses the basics of marketing, important principles of marketing, consumer value creation, and the process of marketing for managerial experts. |
Entrance Exams for MMS
Entry to MMS is based on common entrance exam score, personal interview and group discussion. To pursue MMS, candidates have to clear the relevant MBA entrance exam. Candidates are chosen for personal interviews and group discussions based on their minimal score criterion. Candidates who pass the personal interview and group discussion are offered admission.
The MMS entrance exams include CAT, XAT, CMAT, MAT, MAH CET, and NMAT by GMAC. All these exams are the entrance exams for MBA admission and include Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability.
MMS Syllabus for Distance Program
The MMS distance programs are appropriate for those who desire to expand their understanding of business management topics and further their careers in the business sector.
The curriculum for both, full-time courses and distance learning is the same. However, the syllabus may vary as per the specialisation chosen by the student. The average fee for full-time MMS program is INR 3 to 4 lakh (government institutes) while that of distance programs is under INR 2 lakh (government institutes) for most colleges.
Top Colleges in India offering MMS
Master of Management Studies is a postgraduate course offered mostly through the University of Mumbai in India. Here is a list of some of the top colleges in India offering the MMS programme.
Sl. No. |
MMS College/University/Institution |
Course/Syllabus PDFs |
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1 |
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2 |
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3 |
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4 |
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5 |
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6 |
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7 |
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10 |
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FAQs on MMS Syllabus
Q: What is the difference between MMS, MBA and PGDM?
Q: Is the MMS course only available in Maharashtra colleges?
Q: Which are the top B-schools offering MMS?
Q: What are the core subjects included in MMS syllabus?
Q: What are the elective subjects included in MMS syllabus?
Q: Are specialised MMS programs offered in India?
Q: Does the MMS curriculum include internships and industry exposure?
Q: Can I pursue a PhD after completing MMS?
Q: Is MMS equally valuable as an MBA or PGDM?
Q: What are the common entrance exams to be taken for admission to MMS courses?
Popular MMS (Master of Management Studies) Specializations
Popular Specializations
- Finance
21 Colleges
- Sales & Marketing
21 Colleges
- Human Resources
20 Colleges
- Operations
18 Colleges
- IT & Systems
15 Colleges
- Sports
3 Colleges
- Business Analytics
3 Colleges
- HealthCare & Hospital
2 Colleges
- Materials Management
2 Colleges
Popular MMS (Master of Management Studies) Colleges in India
Popular Private MMS (Master of Management Studies) Colleges in India
Business & Management Studies Applications open. Apply Now
Most Popular Courses
Popular Courses
- e-Mode Post Graduate Programme in ManagementIIM Ahmedabad - Indian Institute of Management
- Master of Management Studies (MMS)Prin. L. N. Welingkar Institute of Management Development and Research, Mumbai
- Master of Management Studies (MMS)Jamnalal Bajaj Institute of Management Studies
- Masters in Management Studies (MMS)SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship Education
- Master of Management Studies (MMS)SIES College of Management Studies
- Master of Management Studies (MMS)Lala Lajpatrai Institute of Management (LLIM)
- Master of Management Studies (MMS)Durgadevi Saraf Institute of Management Studies
- Master of Management Studies (MMS)Dr. V. N. Bedekar Institute of Management Studies
- Master of Management Studies (MMS)GNIMS Business School
- Master of Management Studies (MMS)Pillai Institute of Management Studies and Research
News & Updates
Student Forum
Answered 5 days ago
Hi,
Scoring a 99.99 percentile in CMAT is an excellent achievement, and it certainly boosts your chances of getting into top management colleges like JBIMS (Jamnalal Bajaj Institute of Management Studies). However, your 10th and 12th scores of 70% may be slightly below the average for some top-tier i
R
Contributor-Level 10
Answered a week ago
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 also check the list of reasons below to pursue MMS course from VIVA Institute of Management and Research:
- Career advancement: Many profe
R
Contributor-Level 7
Answered a week ago
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. Students can check the l
S
Contributor-Level 7
Answered a week ago
To get into VIVA IMR for a MMS course, candidates must meet the eligibility criteria set by the university. VIVA Institute of Management and Research offers full-time MMS courses of two years' duration. Students can get into this course based on a valid MH-CET, CMAT, CAT, XAT, MAT, GMAT, ATMA exam
R
Contributor-Level 7
Answered a week ago
Yes, MMS course is available at VIVA Institute of Management and Research. The university offers MMS courses at the UG level. Candidate must meet the eligibility criteria to enroll for MMS course admission set by the college. Aspirants must pass graduation. VIVA Institute of Management and Research
S
Contributor-Level 7
Answered a week ago
The seats for MMS programme at Ahmedabad University are allocated on merit basis as per the result of the Heritage Management Test that is conducted followed by an interview. They need to appear for the HMAT, in which their skills and abilities for the programmes will be strictly tested. After the e
A
Beginner-Level 5
Answered a week ago
Ahmedabad University offers 20 seats for MMS in Heritage Management. It conducts seat allotment fairly based on the scores of entrance exams and chooses the deserving candidates. So, it is crucial that applicants submit their applications well before the deadline to confirm their seats. In addition,
K
Beginner-Level 5
Answered a week ago
The MMS in Heritage Management at Ahmedabad University aims to equip students with the theoretical models and practical tools necessary to manage heritage effectively in a rapidly changing world. The holistic approach integrates heritage with sustainable development, encompassing both the tangible a
N
Beginner-Level 5
Answered a week ago
The MMS syllabus at Ahmedabad University covers a number of topics that aim to provide the students with requisite management skills with special emphasis on heritage management. Core modules include Heritage Discourses and Frameworks, Cultural Resource Mapping & Documentation, Museums and Archives
A
Beginner-Level 5
Answered a week ago
The full-time, two-year MMS curriculum of Ahmedabad University is broken into four semesters and tries to combine theoretical learning and hands-on practice in heritage management. The programme comprises eight different components delivered over a total of 80 credits, with foundation courses laying
A
Beginner-Level 5
Answered a week ago
The admission takes place in a multi-stage online process. The MMS programme application process at Ahmedabad University comprises the following stages:
Step 1: Go to the official website and select 'Sign Up Here' to create an account.
Step 2: Choose the desired programme and sign in with your email/p
S
Beginner-Level 5
Answered a week ago
Ahmedabad University has 20 seats for MMS. The total MMS seats at Ahmedabad University are inclusive of the seats available for various MMS specialisations at the university. It must be noted that the mentioned seats are sourced from the official website of the institute/sanctioning body. They are s
N
Beginner-Level 5
Answered a week ago
The application for the MMS admission process at Ahmedabad University will require specific documents that the candidates will have to submit with their applications. It is extremely imperative that candidates prepare all essential documents and submit them with the application for a hassle-free adm
N
Beginner-Level 5
Answered a week ago
There is an inauguration application fee of INR 1,200 for the MMS programme at Ahmedabad University. Applicants have to pay this fee at the time of submitting the online application using various modes of payment, including UPI, credit card, debit card, and net banking. Interested candidates must be
N
Beginner-Level 5
Answered a week ago
When applying for the MMS programme at Ahmedabad University, candidates undergo a simple admission procedure. Initially, they need to verify that they satisfy the defined eligibility criteria, which entail the completion of Class 10 and Class 12 or possession of a Diploma along with a bachelor's deg
N
Beginner-Level 5
Answered a week ago
The last date to apply for the MMS course at Ahmedabad University is Jan 31, 2025. Interested candidates must meet the required eligibility criteria to apply. Usually, the application window commences in September, hence, candidates are advised to stay updated on the schedule and organise their subm
A
Beginner-Level 5
Answered a week ago
The fee for the MMS programme at Ahmedabad University is INR 3.5 lakh, which is the total tuition fee payable over the entire two-year course duration. Candidates have the option to pay this fee in semester-wise installments. Additionally, students should be aware that some fee components, such as t
K
Beginner-Level 5
Answered a week ago
To be considered for the MMS programme at Ahmedabad University, applicants need to fulfil specific criteria. This includes successful completion of Class 10 and Class 12 or possession of a Diploma and a bachelor's degree, with a minimum aggregate of 55% marks or an equivalent CGPA. Furthermore, indi
N
Beginner-Level 5
Answered a week ago
Ahmedabad University requires candidates seeking admission to the Master of Management Studies (MMS) programme to appear for the Heritage Management Test (HMAT). This is an online entrance test, which is a crucial component of the admission process. In addition to the HMAT, applicants have to presen
A
Beginner-Level 5
Answered a week ago
Yes, Ahmedabad University offers a Master of Management Studies (MMS) with a specialisation in Heritage Management (MMSHM). The MMSHM is a two-year postgraduate programme spread over four semesters that helps students with a comprehensive understanding of heritage management combined with all essent
S
Beginner-Level 5
Answered 2 weeks ago
No, direct admission to the Master of Management Studies (MMS) at AIMSR Mumbai is not applicable. Since, admission to the MBA course is subject to a valid score in the last qualifying. Further, for final admission candidates must appear for the group discussion (GD) and personal interview (PI) roun
P
Beginner-Level 5
Answered 2 weeks ago
Yes, It is common for individuals to pursue MMS around 25 years old, particularly in their mid-20s.
Most full-time MMS programs generally expect applicants to have a few years of work experience, usually ranging from 2 to 5 years or more, depending on the program. By the age of 25, many individuals h
H
Beginner-Level 4
Answered 2 weeks ago
For the MMS application process at Lala Lajpatrai Institute of Management (LLIM), you'll need to submit the following documents:
1. 10th and 12th Standard Mark Sheets and Pass Certificates.
2. Graduation Mark Sheets and Pass Certificates.
3. Entrance Exam Scorecard (e.g., MAH-MBA/MMS-CET, CAT, CMAT, X
A
Contributor-Level 8
Answered 3 weeks ago
To get admission to the Master of Management Studies (MMS) programme at Xavier Institute of Management and Research (XIMR), you must meet the following eligibility criteria:
Have a bachelor's degree in any discipline from a recognised university
Have a minimum aggregate score of 50%
If you are a back
K
Contributor-Level 7
Answered 3 weeks ago
Yes, you can get admission to the Master of Management Studies (MMS) course at Lala Lajpatrai Institute of Management (LLIM) without taking the Management Admission Test (MAT). LLIM accepts scores from other entrance exams such as the CAT (Common Admission Test), MAH-MBA CET, XAT (Xavier Aptitude Te
A
Contributor-Level 8
Answered 3 weeks ago
For getting a place in the MMS programme at Lala Lajpatrai Institute of Management (LLIM), a student is required to hold a Bachelor's degree with 50 percent marks. One requires enrolling and giving any acceptable test like CMAT, NMAT, ATMA, GMAT, and MAH MBA CET and applying for the same via a form
S
Contributor-Level 10
Answered 3 weeks ago
MMS at Lala Lajpatrai Institute of Management (LLIM) is a great option. It offers a comprehensive curriculum along with strong industry tie-ups. The programme provides sound knowledge with adequate practical skills for everyday problems in the real world. The Career & Guidance Cell ensures the inter
S
Contributor-Level 10
Answered 3 weeks ago
The selection criteria for the MMS course at Lala Lajpatrai Institute of Management (LLIM) follow a few key steps. They must have completed a bachelor's degree with 50% marks (45% in case of reserved categories). Entrance exams like CMAT, NMAT, ATMA, GMAT, or MAH MBA CET are compulsorily required to
S
Contributor-Level 10
Answered a month ago
To get admission to the MMS programme at Lala Lajpatrai Institute of Management (LLIM), you need to follow these steps:
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
A
Contributor-Level 10
Answered a month ago
The MMS (Master of Management Studies) programme at Lala Lajpatrai Institute of Management (LLIM) is highly sought after due to several factors:
Industry-Relevant Curriculum: The MMS programme is designed to equip students with skills that align with industry demands. The curriculum covers areas like
A
Contributor-Level 10
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I got 70% in both, 10th and 12th, and 99.99 in CMAT. What are my chances of getting a seat for MMS at JBIMS?