The Master of Management (MM, MBM, MIM, MMgt) is a
master’s degree
A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice. comprising one or two years graduate level coursework in
business management
Business administration, also known as business management, is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. From the point of view of manageme ...
. As the program is designed for students interested in entering leadership roles, the degree attracts applicants from diverse academic disciplines. The MM program structure is similar to that of the
Master of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accou ...
, Master of Arts in Management, and
Master of Science in Management degrees.
A global survey of business schools offering MIM programs shows a robust growth in applications in times of global recession triggered by COVID-19. This growth in applications shows the demand for pre-experience programs among domestic and international candidates preparing for management careers.
Program structure
The mode delivery of the program can be full-time, part-time, distance-learning, accelerated, or executive.
The MM program for younger professionals with limited professional experience often resembles an
MBA program. It typically prepares students to handle management issues in all areas of business, with the option to concentrate or specialize in one area. Most programs begin with a set of required courses and then offer more specialized courses two thirds of the way through the program. Topics in the MM program often
accounting,
finance,
business administration,
international business
International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale.
It involves cross-border transactions of goods and services between two or mor ...
,
marketing management
Marketing management is the organizational discipline which focuses on the practical application of marketing orientation, techniques and methods inside enterprises and organizations and on the management of a firm's marketing resources and ac ...
,
supply chain management
In commerce, supply chain management (SCM) is the management of the flow of goods and services including all processes that transform raw materials into final products between businesses and locations. This can include the movement and sto ...
,
human resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ...
,
nonprofit management, and
entrepreneurship
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values t ...
.
The MM program for senior professionals with managerial experience (typically 10+ years) often resembles an Executive MBA (EMBA) program. It typically prepares students to handle the tasks associated with interdisciplinary business-related subjects such as ethical decision making,
business law, global business values, workplace security,
corporate crime, and employee motivation.
Admissions
Business school admission committees normally evaluate applicants based on
GPA score (and graduate GPA if applicable),
resumes, letters of recommendation, essays, and personal interviews. Based on these indicators, a committee decides if the applicant is suitable for the academic profile of the program, can demonstrate considerable leadership potential, and contribute positively to the student body of the school as a whole.
See also
*
Doctor of Management
*
Master of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accou ...
*
Master of Science in Management
*
Bachelor of Management Studies
References
{{DEFAULTSORT:Master Of Management
Master's degrees
Business qualifications
Management education