MMS Syllabus & Subjects List 2025: Download Semester-wise Syllabus PDF

Updated on Dec 20, 2023 03:35 IST

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.

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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

  • System and Digital Business
  • International Finance
  • Derivatives and Risk Management
  • Portfolio Management and Fixed
  • Income
  • Structured Finance
  • Management of Financial Services

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

  • International Marketing
  • Service Marketing and Retail
  • Management
  • Sales and Distribution
  • Management
  • Consumer Behaviour
  • Integrated Marketing
  • Communication

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

  • Operations and Supply Chain Strategies
  • Strategic Materials Management
  • Operations Planning and Control
  • Service Operations Management
  • World Class Manufacturing

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

  • International Human Resources Management
  • Organisation Development and
  • Change Management
  • Learning and Development
  • Performance Measurement
  • Systems and Competency
  • Assessment
  • HR Analytics and Knowledge
  • Management

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

  • Cloud Computing & Virtualization
  • Advances Database and Data
  • Warehousing
  • Strategic IT and IT Resource
  • Management
  • Knowledge Management

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.

FAQs on MMS Syllabus

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

A: All of these programmes are post graduation courses in business management. While the terminology varies from programme to programme, the basic courses and curriculum do not. The primary distinction between these programmes is that, although MMS and MBA are degree programmes, PGDM, or Post Graduate Diploma in Management, is a diploma programme.

Q: Is the MMS course only available in Maharashtra colleges?

A: Yes, MMS is mostly available in the state of Maharashtra college. MMS is offered by B-schools registered with the Directorate of Technical Education (DTE) Maharashtra or those associated with the University of Maharashtra. There are, however, a few institutes in other states too that offer MMS programme.

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

A: Jamnalal Bajaj Institute of Management Studies (JBIMS) in Mumbai, Sydenham Institute of Management Studies and Research and Entrepreneurship (SIMSREE) in Mumbai, and KJ Somaiya Institute of Management Studies and Research (KJSIMSR) in Mumbai are among the top B-schools for MMS in Maharashtra.

Q: What are the core subjects included in MMS syllabus?

A: The core subjects for MMS include Perspective Management, Financial Accounting, Operations Management, Organisational Behaviour, Business Communication, and Financial Management.

Q: What are the elective subjects included in MMS syllabus?

A: The typical elective subjects for MMS include Cost & Management Accounting, IT Skills for Management and Technology Platform, Developing Teams & Effective Leadership, and Management Information Systems.

Q: Are specialised MMS programs offered in India?

A: Yes, specialised MMS programmes are available at numerous MBA institutes in India. Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, Healthcare, Information Technology and Systems are among the top specialisations in MMS.

Q: Does the MMS curriculum include internships and industry exposure?

A: Yes, the MMS curriculum Includes summer internship, company visits, guest lecturers, alumni gatherings, and other experiences that help students in developing a strong professional foundation even before they begin their jobs as management graduates.

Q: Can I pursue a PhD after completing MMS?

A: Yes, an MMS student can pursue a PhD after completing the course. PhD candidates must hold a Master's degree, according to the qualifying criteria. Because MMS is a degree programme, students are eligible to pursue a PhD.

Q: Is MMS equally valuable as an MBA or PGDM?

A: The industry considers MMS to be worth the same as an MBA or a PGDM. The course content is identical to that of the MBA and PGDM, and students receive substantial industry exposure as well as three-month summer internships.  

Q: What are the common entrance exams to be taken for admission to MMS courses?

A: Some of the common entrance exams for admission to MMS courses include CAT, XAT, CMAT and NMAT.
Table of content
  • Popular MMS (Master of Management Studies) Colleges in India
  • Popular Private MMS (Master of Management Studies) Colleges in India
  • Popular MMS (Master of Management Studies) Specializations
  • Most Popular Courses

Popular MMS (Master of Management Studies) Colleges in India

Following are the most popular MMS (Master of Management Studies) Colleges in India. Learn more about these MMS (Master of Management Studies) colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
12 Courses
1.32 L - 33 L
20 - 34.41 LPA
12.05 L
4.1
75 K - 6.35 L
4.0
Ranked #3 Private University in India. Placement with Fortune 500 Companies
5.15 L - 10.75 L
4.5

Business & Management Studies Applications open till Oct 15, 2025. Apply Now

3 Courses
6.93 L - 24.2 L
26.04 LPA

Business & Management Studies Applications open till Nov 20, 2025. Apply Now

22 Courses
2.4 L - 26.5 L
32.61 - 33.1 LPA

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

6.75 L - 8.15 L
4.2
Experience the Cutting-edge Curriculum with the right Blend of Technology and Management
25 K - 1.89 L
5.0
4 L - 21.29 L
1 Course
1.5 L
1.2 L - 3.46 L
3.4
1.59 L - 6.5 L
5.0

Popular MMS (Master of Management Studies) Specializations

Following are the most popular MMS (Master of Management Studies) Specializations . You can explore the top Colleges offering these Specializations by clicking the links below.

Popular Specializations

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Student Forum

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Write here...

Answered a month ago

The total fee for JBIMS Mumbai MMS includes various parameters such as tuition fee, admission fee and application fee. One time payment of INR 5,000 is required. Check the fee component and fee structure here:

Fee componentsAmount (for 2 years)
Between Rs 6 Lacs and Rs 7 lakh 

 

A

Atul Pruthi

Contributor-Level 9

Answered a month ago

The total tuition fee for the MMS course at JBIMS Mumbai ranges from INR 6 Lacs to INR 7 lakh. Apart from the tuition fee, there are several fee components of the MMS course, such as one-time fee payments, admission fees, application fees, etc. The fee amount mentioned is sourced from the official w

...Read more

C

Chanchal Gaurav

Contributor-Level 10

Answered 2 months ago

DSIMS MMS admissions are based on the merit scored in entance exams The various accepted exams are as follows MAH-MBA/MMS-CET, CAT, MAT, XAT, ATMA and follow DTE Maharashtra's Centralized Admission Process (CAP). The process involves online application via DSIMS official websites, uploading necessar

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A

Anushka Bidhi

Contributor-Level 10

Answered 2 months ago

CMAT cutoffs for MMS programme in the best Maharashtra colleges are extremely tough. JBIMS Mumbai usually requires close to a 99.99% percentile, probably around 340 in 400. SIMSREE and K J Somaiya will require percentiles's in the 99.9% percentile range as well. For Welingkar Institute and PUMBA Pun

...Read more

A

ABHINAV SRIVASTAVA

Contributor-Level 10

Answered 2 months ago

After completing an MMS course from JBIMS Mumbai, students have a plethora of job opportunities in various fields, such as Management, Marketing, Sales, etc. The Master's in Management Studies course helps students gain the knowledge of managing and leading various domestic and international busines

...Read more

T

Tanisha Pandey

Contributor-Level 10

Answered 2 months ago

The recent year cutoff for MMS at JBIMS Mumbai has not been released yet. However, for the last three academic years, the college has pre-decided the cutoff scores for MMS courses. Learn the exact cutoff scores required for admission to the MMS course in the table below:

MMS in Financial Management—J

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V

Vishakha

Contributor-Level 10

Answered 2 months ago

According to the information brochure available at Welingkar Mumbai's official website for the MMS course, candidates are required to pay the application processing fee after submission of the application. The fee amount is INR 2,100 (non-refundable). This information is sourced from the official we

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R

Rachit Kumar

Contributor-Level 10

Answered 2 months ago

The major difference between PGDM and MMS courses offered at Welingkar Mumbai is that the PGDM is programme offered by the institutes that are recognised by AICTE while the MMS is a degree programme offered by the university through colleges. The MMS course at Welingkar Mumbai is affiliated with the

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A

Atul Pruthi

Contributor-Level 9

Answered 2 months ago

The primary eligibility requirements to get admission into the MMS course at SIES College of Management Studies and Welingkar Mumbai are almost similar, in which candidates are required to complete their bachelor's degree with at least an aggregate of 50%. Moreover, for the selection process, the co

...Read more

P

Piyush Jain

Contributor-Level 10

Answered 2 months ago

After completing an MMS course from Welingkar Mumbai, students have a plethora of job opportunities in various fields, such as Management, Marketing, Sales, etc. The Master's in Management Studies course helps students gain the knowledge of managing and leading various domestic and international bus

...Read more

V

Vishakha

Contributor-Level 10

Answered 2 months ago

To compare which institution provides the best ROI for the MMS course between VESIM and Welingkar Mumbai, candidates can compare both institutions' MMS courses on the basis of tuition fee and the median package offered by the college. Check out the below table to learn the exact tuition fee and medi

...Read more

K

Krishnendu Kumar

Contributor-Level 10

Answered 2 months ago

The total tuition fee for the MMS course at Welingkar Mumbai is INR 6.7 lakh. On the other hand, the tuition fee for MMS at SIES College of Management Studies is INR 4.5 lakh. It can be explicitly seen that the tuition fee for MMS at SIES College of Management Studies is more affordable than at Weli

...Read more

I

Indrani Tyagi

Contributor-Level 10

Answered 2 months ago

The total number of seats offered in MMS course at Welingkar Mumbai is 120. To get a seat in the MMS course at Welingkar Mumbai is candidates must complete their graduation from a recognised board. Moreover, the applicant must have secured a minimum aggregate of 50% in their graduation. Additionally

...Read more

K

Kartik Sharma

Contributor-Level 10

Answered 2 months ago

Welingkar Mumbai offers a total of around 120 seats for its MMS course. As per the admission policy, the institute doesn't follow any seat reservation policy while allocating the MMS seats. However, the MMS seats are allocated based on candidates' achieved scores in CMAT/ CAT/ MH-CET/ MAT/ ATMA/ XAT

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C

Chanchal Gaurav

Contributor-Level 10

Answered 2 months ago

From the second semester of the MMS course at Welingkar Mumbai, candidates have several options to choose the specialisation from. Students must choose three specialisation electives out of 5. Some of the elective subjects included in the MMS course are as follows:

Cost & Management Accounting 

Financ

...Read more

I

Indrani Kumar

Contributor-Level 10

Answered 2 months ago

The subjects offered in the first semester of the MMS course at Welingkar Mumbai are meant to create a base for the students that helps them to understand the upcoming further semesters. The names of the subjects offered in the first semester are as follows:

  • Perspective Management 
  • Effective Managemen

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R

Rachit Kumar

Contributor-Level 10

Answered 2 months ago

No, CAT is not compulsory to get admission to the MMS course at Welingkar Mumbai. The college accepts several other entrance exams for admission to MMS courses, such as XAT, CMAT, MAH CET, etc. Moreover, CAT is one of the accepted entrance exams for admission to the MMS course. However, it is not co

...Read more

A

Abhishek Hazarika

Contributor-Level 10

Answered 2 months ago

No, candidates are not allowed to get direct admission to the MMS course at Welingkar Mumbai. According to the admission brochure available on the official website, there are no donation or capitation fees charged for admission to any of Welingkar Mumbai's programmes. Additionally, there is no autho

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A

Atul Pruthi

Contributor-Level 9

Answered 2 months ago

The admission process for the MMS course is usually completed by August 14 each year, while applications are generally released in October. Candidates are encouraged to apply before the deadline and regularly check the institute's official website to stay updated on important admission dates.

 

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P

Piyush Jain

Contributor-Level 10

Answered 2 months ago

Welingkar Mumbai offers an MMS course, which is equivalent to an MBA, and is divided into four semesters. The selection process for the MMS course is similar to the MBA offered at the institute. Firstly, candidates are required to complete their bachelor's degree with a minimum aggregate of 50%. Fur

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V

Vishakha

Contributor-Level 10

Answered 2 months ago

The total fees of Welingkar Mumbai include multiple components, such as tuition fee, admission fee, application fee, and one-time charge. Check out the fee structure and its amounts in the table below:

Fee componentsAmount (for two years)
INR 6.7 lakh
INR 4,000
INR 6.74 lakh 

*This information is sourced from the official website/sanctioning body and is subject to change.

T

Tanisha Pandey

Contributor-Level 10

Answered 2 months ago

The minimum eligibility requirement for admission to the MMS course at Welingkar Mumbai is applicant must complete their graduation from a recognised board. Moreover, the applicant must have secured a minimum aggregate of 50% in their graduation. Additionally, for the selection process, the institut

...Read more

K

Krishnendu Kumar

Contributor-Level 10

Answered 2 months ago

Yes, Welingkar Mumbai does offer an MMS course for the duration of two years, divided into four semesters. Further, the course is offered in full-time mode. Admission to the MMS course is conducted by DTE. The minimum eligibility requirement to get admission into the MMS course is that applicants mu

...Read more

I

Indrani Tyagi

Contributor-Level 10

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