What Are the Career Opportunities With an MMS Degree?
In the field of management, one of the most popular postgraduate degrees after an MBA is an MMS. However, a Master in Management Studies or MMS, is entirely different from an MBA. But what makes this degree so popular?
One of the most important factors that contributed to the rapid popularity of MMS in recent years is the fact that it costs about half the tuition fee of an MBA while being offered from equally established B-Schools.
The start of a career for MMS graduates is well-paced and within the duration of 5 years, they can join the positions of highly paid job profiles, including business development manager and marketing manager, and even start their entrepreneurial journey and become a CEO in ten to fifteen years with steady progress.
So, let’s explore the career opportunities with an MMS degree pursued by the best MMS colleges in Mumbai via this blog. Read here.
Employment Options with an MMS Degree
If we talk about the program Mumbai University MMS, there are many options available for employment in India as well as abroad. In almost every industry, whether business, healthcare, education, retail, finance or marketing, MMS courses offer brilliant opportunities for students to explore new fields. Aspirants seeking challenging roles in some of the leading companies in India or abroad consider joining an MMS degree program from the university as it will open up a world of limitless possibilities. Here are a few career options students can choose from after completing their MMS degree:
- Business Development Manager
- Management Consultant
- Business Consultant
- Project Manager
- Relationship Manager
- Business Analyst
- Delivery Manager
- Business Operations Manager
- Associate Manager
- Financial Analyst
- Human Resource Manager
- Marketing Executive
- Executive Manager
- Operations/Marketing Manager
The recruitment industries where MMS graduates, graduating from the top MMS colleges in Mumbai can seek employment opportunities are also mentioned below:
- Colleges & Universities
- Chemical Companies
- Fashion Companies
- Health Sector
- Grocery Sector
- Construction Companies
- Business Firms
- Education
- Banks
- Finance
- HR Department
Now if we talk about the salary packages that MMS graduates can get after graduation by doing the jobs in their dream companies. In both the public and private sectors of various reputed organizations, it is around 4 LPA to 8 LPA. Therefore, there is a huge demand for postgraduates in management to get an excellent, high-paying job with decent salary packages.
Some of the very best and highest-salary positions for MMS graduates from the top MMS colleges in Navi Mumbai are as follows:
Job Roles | Salaries |
Financial Analystt | INR 2–7 LPA |
Consultant | INR 3–9 LPA |
Operations Manager | INR 3–8 LPA |
Marketing Executive | INR 2–6 LPA |
Human Resource Manager | INR 4–7 LPA |
Business Development Executive | INR 2–5 LPA |
Jobs opportunities in the private sector for MMS graduates from the best MMS colleges in Mumbai or elsewhere are so many that people often look for a private job when compared to the public sector. Many top companies, such as Accenture, Wipro, Infotech, Hindustan Unilever, JP Morgan, Pepsi, Nestle, KPMG, Birla, and Reliance, are among the top private firms that. hire MMS graduates.
Future Scale of MMS Degree
Leadership skills that one can gain from an MMS or Master of Management Studies degree are one of the most in-demand skills. With a promising future, this degree program is the ideal choice for students seeking a challenging role in the job market.
Pursuing an MMS degree at the leading management colleges in Mumbai can offer multiple benefits, such as those mentioned below. Let’s explore them one by one:
Career Prospects: Pursuing an MMS degree can significantly enhance career prospects, making it easier for graduates to secure their dream jobs in the top companies with high-paying roles and they can advance within their organizations.
Interpersonal skills: The MMS degree program at the top private colleges in Navi Mumbai or other states focuses more on building the personalities of the students and instilling in them the most important skills, including problem-solving, leadership skills, critical thinking, and time management.
Practical Experience: More focus is given to practical skills and knowledge by incorporating real-world case studies and projects, ensuring that graduates are ready to apply their knowledge immediately in their professional careers.
Global Perspective: The world has become more interconnected and with that keeping in mind, it becomes very important for MMS graduates to gain a global perspective on management, making them suitable for the international job market.
Networking: The MMS program at the best colleges in Navi Mumbai offers opportunities to build a professional network with faculties, peers, and industry professionals by giving them opportunities to collaborate with them and seek mentorships and job opportunities.
As per a survey conducted, the average annual salary for an MBA graduate in India is INR 8.5 LPA, whereas the average annual salary for an MMS graduate is INR 6.7 LPA. Here’s the data that you can take reference from:
Now, let’s take a look at the important facts and details about an MMS degree in the further article.
MMS Degree: An Overview
Here’s a quick MMS course highlight offered at the top colleges in Navi Mumbai as mentioned below in the tabular format for your reference:
Particulars | Descriptions |
Level | PG |
Full-Form | Masters in Management |
Duration | 2 years |
Eligibility | ● A graduation degree in the relevant stream with a 50% aggregate score is the only eligibility requirement for an MMS degree at the top MMS colleges. |
Admission Process | Entrance-based |
Average Salary | INR 3–19 LPA |
Top Recruiters | JP Morgan, Tata, Hindustan Unilever, Amazon, Mahindra, Accenture, Capgemini, etc. |
Job Roles | Investment banker, consultant, marketing manager, human resource manager, and others. |
Conclusion
With an MMS degree pursued from the best MMS colleges in Mumbai or elsewhere, graduates can seek a high-paying role not only in India but abroad as well. It is one of the growing areas that is constantly growing in the world of management. Graduates after finishing their MMS degree are exposed to the basics of the corporate world.
Asked Questions
- What are the jobs after MMS?
Some of the high-paying jobs after graduation with an MMS degree are as follows:
- Brand Manager
- Human Resource Manager
- Business Development Manager
- Project Manager
- Consultant
- What is the scope of MMS?
With a diverse range of career opportunities, MMS graduates can have a greater scope at both the national and international level.
- What is the salary after MMS?
On average, the initial salary for an MMS graduate is somewhere around INR 4 to INR 29 lakhs per annum.
- What is the full form of an MMS degree?
MMS stands for Masters in Management Studies.