Master of Applied Management (MAM) – MAM is a full-time postgraduate programme that lasts two years. Law and ethics, operations management, economics, business finance, information management, business technology, and other topics are covered in this program. To pursue this programme, applicants must hold a bachelor’s degree. Almost all of the country’s leading universities accept aspirants based on entrance exams such as the CAT and GMAT. After passing the entrance exams, there is also conduct a personal interview round. In this article, we discussed everything about Master of Applied Management course.
What is a Master of Applied Management?
MAM is a valuable & helpful program that prepares students for a wide range of work opportunities in industries such as property management, food service management, health care management, and hotel management. The MAM program specifics are in the spectrum to equip students with a solid understanding of the management discipline.
Candidates in the MAM programme learn how to apply management concepts to solve business challenges. Used management is a branch of management studies that investigates how management abilities are applied in a range of enterprises.
Why Choose MAM?
Those in technical professions who already have the essential hands-on abilities are generally drawn to this sector. Master’s degrees in Applied Management provide a variety of minor and major courses. Major courses are directly connected to the selected field of expertise, whereas minor programs focus on basic entry level subjects that are required for any degree programme.
Graduates can operate as, for example. MAM courses provide a variety of work prospects at the foundation level, including vital on-the-job training to guarantee that applicants can understand every element of the process.
Master of Applied Management Course Eligibility Criteria
The following are the minimum requirement to pursue Master of Applied Management course from any recognised university or institute.
- Aspirants must hold a bachelor’s degree in BBA or equivalent from a recognised university.
- A qualifying aggregate score of 55% on average or a 6 GPA point scale is necessary.
Master of Applied Management (MAM) Courses Admission Process
Admission to MAM programme is via entrance examination or merit, with a personal interview following. The CAT, XAT, GMAT, and JMET are the most often used entry exams. Aspirants who pass the college’s entrance tests will be invited to a personal interview.
The following are all of the stages in the MAM Admissions process:
- Registration yourself
- Fill up the Application form
- Pay Application fee
- Download admit card
- Appeared Examination
- Check Results
- Personal Interview
- Counselling
Master of Applied Management (MAM) Entrance Exams
In several colleges in India, entrance tests are required for admission to MAM programmes. Short-listed applicants will be invited to an interview based on their performance in the written examination, which is the qualifying exam. The following are the most popular examinations for which most candidates apply:
| Entrance Exam | Read More |
|---|---|
| CAT | Click Here |
| GMAT | Click Here |
| MAT | Click Here |
| SNAP | Click Here |
| XAT | Click Here |
| ATMA | Click Here |
| CMAT | Click Here |
| MAH CET | Click Here |
| NMAT by GMAC | Click Here |
How to prepare for MAM entrance exam?
The following points might be resorted to in order to assist applicants in better and more effective preparation for the entrance examination:
- Make a study schedule that incorporates all of the topics in each course and stick to it.
- Let’s start with the basics.
- Examine the mock and example questions.
- Set aside time for the most difficult areas. Candidates might get the most highly recommended book and practice questions from it.
Master of Applied Management (MAM) Course Fee structure
The MAM program fees at India’s major colleges range from Rs. 10,000/- to Rs. 3 Lacs each year. The MAM program fees, on the other hand, vary according to the university an aspirant chooses. The amount of MAM program fee varies according to the prestige, facilities, and well-qualified and experienced professors of the colleges/universities/institutes where the candidate is accepted. It also incorporates quotas set by the government and management.
MAM program fees differ from one university to the next, but MMS program fees are also affected by the following factors:
- Type of institute whether Government, Private, Aided, etc.
- Location of the college
- Status and rating of the college
- Scholarship status of the student, if applicable.
The following table represents the approx fee structure of MAM Courses of some top and reputed colleges.
| Name of the University | Average Fees |
|---|---|
| BIMTECH, Greater Noida | Rs. 12,00,000/- |
| LIBA, Chennai | Rs. 15,26,000/- |
| Chandigarh University, Chandigarh | Rs. 1,95,000/- |
| IIMS, Kolkata | Rs. 6,27,000/- |
| Prestige Institute of Management and Research, Indore | Rs. 52,000/- |
| N.L. Dalmia Institute of Management Studies and Research, Mumbai | Rs. 10,20,000/- |
| Universal Business School, Karjat | Rs. 10,98,000/- |
Master of Applied Management Syllabus
In most universities, the disciplines taught in the MAM curriculum are nearly identical. The following is the whole MAM course curriculum.
| Year I | Year II |
|---|---|
| International Markets | Decision Making |
| Principles of Management | HR Management |
| Business Laws | Business Planning |
| Business Communication | Governance |
| Technology in business | Retail Management |
| Finance for executives | Lean Management |
| Leadership | Research in Applied Management |
| Global strategies in business | Applied Business Research Project |
| Innovation | – |
Master of Applied Management (MAM) Scope
After completing Master of Applied Management Course, aspirants either go for higher studies or apply for jobs. we have mentioned the higher studies option after MAM and job profiles in MAM below.
Higher Studies option after Master of Applied Management
Aspirants who complete the MAM programme have the option of working or continuing their education. Job chances rise with a second degree in the same sector. Graduates have the option of specialising in various areas of the subject. The following are some higher education options:
- MBA
- PhD
- Diploma in Management
Master of Applied Management (MAM) Job Profiles
Aspirants with MAM course are invited to apply for the following positions.
- Financial Manager
- Property Manager
- Lodging Manager
- Food Service Manager
- Cost Estimator
- Administrative Service Manager
- Marketing Specialist
- Quality Manager
Master of Applied Management (MAM) Top Recruiters
The following are the top recruiters for all those who are completed their Master of Applied Management.
- International Business Machines (IBM)
- Infosys
- Hewlett-Packard
- Tech Mahindra
- Yahoo
- Amazon
- Wipro
- Flipkart
- Dell
Master of Applied Management (MAM) Salary
The average MAM salary in India for freshers is INR 8 LPA. Salary and yearly earnings are determined by the type of practice and performance, competence, and other factors. Students may improve their earnings even more by gaining further education and experience.
The following table represents some profiles and their average salary.
| Job Profile | Average Annual Salary |
|---|---|
| Financial Manager | Rs. 9,00,000 – 10,00,000/- |
| Operations Manager | Rs. 7,00,000 – 8,00,000/- |
| Research Assistant | Rs. 3,00,000 – 5,00,000/- |
| HR Managers | Rs. 10,00,000 – 11,00,000/- |
| Executive Manager | Rs. 10,00,000 – 15,00,000/- |
Read More
| Bachelor of Tourism Management | Hotel Management |
| Master of Finance and Control | Master of Hotel Administration |
Frequently Asked Questions
MAM programme lasts two years. MAM course in its entirety The Master of Applied Management programme and courses are designed to provide a strong focus on management principles, business environment, and organisational behaviour. A Master of Applied Management is a degree that teaches you how to handle business challenges using management concepts.
The candidate can expect Rs. 6 to 15 Lakh per annum.
Aspirants must have a bachelor’s or equivalent degree.
The typical annual fee for pursuing the degree varies between INR 10,000 and INR 3,00,000, depending on the college or university to which one is applying.
MIM programme is a two-year programme.