The Master of Management (MM, MiM, MMgt) is a
master's degree
A master's degree (from Latin ) is a postgraduate 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 prac ...
comprising one or two years graduate level coursework in
business management.
In terms of content, it is similar to the
Master of Business Administration
A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...
(MBA) degree as it contains identical management courses but is open to prospective postgraduate candidates at any level in their career unlike MBA programs that have longer
course credit requirements and only accept mid-career professionals. In many cases it is synonymous with the
Master of Science in Management (MSM or MiM)
and is also related to the
Master of Science in Commerce (MS-Comm or MS-Com).
As the program is designed for students interested in entering leadership roles, the degree attracts applicants from diverse academic disciplines.
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 of 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
Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...
,
finance
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Admin ...
,
business administration
Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization.
Overview
The administration of a business includes the performance o ...
,
international business
International business refers to the trade of goods and service goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It includes all commercial activities that promote the transfer o ...
,
marketing management,
supply chain management
In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished produc ...
,
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 in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
An entrepreneu ...
.
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
Commercial law (or business law), which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in ...
, 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
The Doctor of Management (DM or DMgt) is an applied research doctorate (or professional practice doctorate) with a degree focus in management, leadership, and organizational topics."
*
Master of Business Administration
A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular ...
*
Master of Science in Management
*
Bachelor of Management Studies
References
{{DEFAULTSORT:Master Of Management
Management
Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political s ...
Business qualifications
Management education