Master of Applied Management

About Course

A postgraduate degree curriculum known as the Master of Applied Management (MAM) equips college students with the capabilities and understanding to thrive in a whole lot of commercial enterprise situations. This program takes two years to complete, and college students have the option to recognition in a specific location of management, consisting of advertising, finance, or human assets.

The MAM curriculum frequently covers subjects consisting of business control, organisational behaviour, leadership, strategic control, financial control, advertising, human assets control, information structures, business ethics, and assignment control. In addition to those fundamental guides, students can select electives that target particular regions of interest, consisting of sustainability, entrepreneurship, or international business.

Students enrolled in the MAM diploma may be equipped for a lot of managerial, consulting, and entrepreneurial positions in enterprise. Graduates of the curriculum typically earn extra money than people with a business bachelor's degree and are nicely certified for employment in the centre and upper management.

Earning a Master of Applied Management has many advantages, which include elevated income capacity, progressed profession possibilities, progressed important thinking and hassle-solving competencies, accelerated understanding of commercial enterprise principles and training, advanced communication and interpersonal capabilities, and higher know-how of the worldwide business environment.

Course Highlights

Check all the important details about the Master of Applied Management from the table given below:

Particular	Value
Course Name	Master of Applied Management
Course Level	Postgraduate
Course Duration	2 Years
Eligibility Criteria	Graduation Degree With 50% Pass
Entrance Exams	Entrance exams like CAT
Admission process	Entrance Exam + Group Discussion + Personal Interview (GD-PI)
Examination Type	Semester based
Age	No age limit
Average Annual Fees	INR 10,000-3,00,000
Average Annual Salary	INR 3,00,000-19,00,000
Top recruiters	Accenture, Amazon, Deloitte, Goldman Sachs, KPMG
Job Profiles	Business Analyst, Consultant, Manager, Project Manager, Strategy Analyst, etc

Why study Master of Applied Management?

The Master of Applied Management (MAM) course was launched to enhance the skills of students in the field of advertising, finance, or human assets. Here are some of the reasons why students should study the Master of Applied Management:

(i). Advanced technical skills: The Master of Applied Management course helps students to refresh their knowledge in business control, organisational behaviour, leadership, strategic control, financial control, advertising, human assets control, information structures, business ethics, and assignment control.

(ii).Leadership and management skills: Organisations are successful because of modern technology and good management. The Master of Applied Management equips students with team management as well as project management.

(iii). Career opportunities: With the MAM degree, the students will get the opportunity to work in MNCs. Some of the job profiles are Business Analyst, Consultant, Manager, Project Manager, Strategy Analyst, etc.

(iv). Entrepreneurial opportunities: The Master of Applied Management gives students training to start their own IT company or any other technology-related company.

(v). Networking opportunities: During your MAM studies, you will get the opportunity to study with other students and teachers, and you will also have the opportunity to interact with a few organisations.

Admission Process

Each year, the institutions organize their entrance exams. Also, some institutions use the CAT or similar exams as a reference point for the direct admission of students. The entrance exams administered vary from university to university.

Types of Master of Applied Management

The Master of Applied Management offers full-time, part-time, and distance learning alternatives for candidate follow-up. The following publications are listed below

(1). Distance or Online Postgraduate: Master of Applied Management in India is designed for those who are unable to attend regular sessions; one of the most popular alternatives is Master of Applied Management online.

(2). Full-Time: The postgraduate course in management lasts two years and has the advantage of allowing students to accelerate the learning process and significantly improve their skills.

(3). Part-time: The postgraduate program is designed for professionals who are currently employed and cannot take time off for full-time study. A part-time Master of Applied Management course is a great advantage.

Eligibility Criteria

The eligibility criteria for a Master of Applied Management are simply as follows:

1. The candidate must have a degree in any field.

2. The student must achieve at least 50% of the points from 10+2+3.

3. The last year students still awaiting results may also apply.

Admission process

The Master of Applied Management admission process takes into account both performance on the entrance test and prior accomplishments. The application process for this is detailed below:

(I). Completing an application form Visit the websites of the colleges or institutions that interest you and complete the online application, but first read the directions carefully.

(ii).  Required Paperwork: Various papers, including Aadhaar Cards, Pan Cards, Photos, Time Cards, etc., require the completion of forms. Before submitting, double-check: Make sure the application form is error-free before submitting it in its final form. You must make an online payment after completing the registration form

(iii). Print Receipt: The applicant must print the final page of the receipt after making payment so that it can be kept for future use.  By completing the offline recruitment form and the recruiting booklet, students have the possibility of being admitted straight to the course.

Additionally, students have the option of visiting the institution directly and completing an application form. Additionally, tuition payments can be made offline.

Accepted Entrance Exam

Below is the list of some of the entrance exams for the Master of Applied Management:

CAT	MAT
GMAT	SNAP
XAT	NMAT

Skills Required

A Master of Applied Management is a program designed to enhance your skills and knowledge in the areas of business control, organisational behaviour, leadership, strategic control, financial control, advertising, human assets control, information structures, business ethics, and assignment control. Here are some common skills and competencies that are typically beneficial for pursuing a Master of Applied Management:

Business analysis	Basics of IT	Problem-solving
Observation skills	Communication skills	Project management
Analytical and Critical thinking skills	Time management	Decision-making skills
Strategic planning	Team Work	Leadership skills

Fee Structure     

The fee Structure for the Master of Applied Management is listed below:

Name of College	Average Annual Fee(INR)
Indian School of Business (ISB), Hyderabad	INR 26,75,000
Indian Institute of Management (IIM), Ahmedabad	INR 28,00,000
Xavier School of Management (XLRI), Jamshedpur	INR 23,60,000
Indian Institute of Management (IIM), Bangalore	INR 23,00,000
Indian Institute of Management (IIM), Calcutta	INR 24,00,000
Indian School of Business (ISB), Mohali	INR 26,75,000
SP Jain Institute of Management and Research, Mumbai	INR 17,50,000
Indian Institute of Management (IIM), Lucknow	INR 21,00,000
Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune	INR 18,00,000
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai	INR 19,50,000
Institute of Management Technology (IMT), Ghaziabad	INR 18,50,000
Great Lakes Institute of Management, Chennai	INR 16,25,000
Indian Institute of Foreign Trade (IIFT), Delhi	INR 17,70,000
National Institute of Industrial Engineering (NITIE), Mumbai	INR 12,80,000

Selection Criteria

The selection process for this course is students must complete a degree in computers with 50% and also they have to clear the entrance test.  Some colleges conduct interviews for this course. After this process, students who have been selected will get an email from that university.

Course Comparison

Master of Applied Management v/s Master of Computer Application 

Parameter	Master of Applied Management	Master of Computer Application
Course Name	Master of Applied Management	Master of Computer Application
Course Overview	A postgraduate degree curriculum known as the Master of Applied Management (MAM) equips college students with the capabilities and understanding to thrive in a whole lot of commercial enterprise situations.	This course mainly teaches students how to maintain IT software
Duration	2 years	2 years
Eligibility	Candidates should have a degree with 50%.	Candidates should have a degree with 50%.
Entrance Exams	CAT, GMAT, XAT, MAT, etc	TOFEL, IELTS, etc
Average Annual Fees	INR 10,000-3,00,000	INR 50,000-13,00,000
Top Colleges	Indian School of Business (ISB), Xavier School of Management (XLRI), Symbiosis Centre for Management and Human Resource Development (SCMHRD).	RTMNU, Central India Institute of management studies, etc

Top Colleges

Many prestigious colleges and institutions across the nation offer master's degrees in applied management. Below is a list of some of the leading universities that offer this course, along with more information.

Name of College	Average Annual Fee(INR)	Location
Indian School of Business (ISB)	INR 26,75,000	Hyderabad
Indian Institute of Management (IIM)	INR 28,00,000	Ahmedabad
Xavier School of Management (XLRI)	INR 23,60,000	Jamshedpur
Indian Institute of Management (IIM)	INR 23,00,000	Bangalore
Indian Institute of Management (IIM)	INR 24,00,000	Kolkata
Indian School of Business (ISB)	INR 26,75,000	Mohali
SP Jain Institute of Management and Research	INR 17,50,000	Mumbai
Indian Institute of Management (IIM)	INR 21,00,000	Luck now
Symbiosis Centre for Management and Human Resource Development (SCMHRD)	INR 18,00,000	Pune
Narsee Monjee Institute of Management Studies (NMIMS)	INR 19,50,000	Mumbai
Institute of Management Technology (IMT)	INR 18,50,000	Ghaziabad
Great Lakes Institute of Management	INR 16,25,000	Chennai
Indian Institute of Foreign Trade (IIFT)	INR 17,70,000	New Delhi
National Institute of Industrial Engineering (NITIE)	INR 12,80,000	Mumbai

Job & Placements

A Master of Applied Management degree combines technical knowledge with business and management skills, preparing graduates for roles that bridge the gap between technology and business operations. Here are some job roles and placements that are commonly associated with a Master of Applied Management.

Job Profile

Job Profile	Job Description
Project Manager	As a project manager, you are responsible for planning, executing, and completing projects within defined parameters, including scope, budget, and timelines.  You direct project teams, schedule tasks, and make ensuring the project is successful.
Project Coordinator	As a project coordinator, you support project managers in planning and organizing projects. They participate in tasks like planning budgets, maintaining documents and interacting with clients.
Consultant	As a consultant, you would work with clients to identify their business needs and provide strategic guidance on technology implementation. You would help organizations leverage technology effectively to achieve their goals and solve business challenges.
Sourcing Manager	You will be in charge of project sourcing in this position, which includes choosing vendors, negotiations about contracts, and supplier management. You make sure that the products and services required for the project's execution are delivered on schedule.
Data Analyst	You can go into data analysis or data science if you have a good foundation in computer science and management. To promote data-informed decision-making inside an organization, you would deal with massive datasets, use machine learning and statistical approaches, and deliver insights.
Marketing Manager	Managers of marketing enhance organizations, their goods or services, or brands. They create pricing and advertising strategies, produce new clientele, and manage the marketing employees. In addition, they oversee marketing expenditures and spot trends.

Top Recruiters

Listed here some of the top recruiters who hire Master of Applied Management are listed below:

Accenture	TCS	Deloitte
Amazon	Wipro	Reliance Industries
Google	E&Y	HDFC Bank
Infosys	KPMG	ICICI Bank

Average Salary

Below are the job profiles with approximate salaries:

Job Role	Average Annual Fee(INR)
Financial Manager	INR 10,00,000
Project Manager	INR 12,00,000
Operations Manager	INR 8,00,000
Marketing Manager	INR 8,00,000
Human Resources Manager	INR 7,00,000
Business Analyst	INR 6,00,000
Consultant	INR 8,00,000
Sales Manager	INR 8,00,000
Customer Service Manager	INR 5,00,000

Career/Scope

Candidates who successfully finish the Master of Applied Management course have opened several professional doors, and they may be able to get employment at the executive or management level and advance through the ranks depending on the chances that arise.

After finishing the course, graduates can work in any field, including those related to cars, promotion, farming, finance, cement, small and medium-sized businesses, administration, technology, coverage, and mines. If they are adept with finances, they can also become financial managers.

Career options after Master of Applied Management

Upon successful completion of the course, candidates can earn an attractive and unmatched annual salary or even more. There is great growth and opportunity for graduates in Management

The candidate can also choose the title of Master of Applied Management  and some of the other career options are listed below:

(i). Financial Manager

(ii). Project Manager

(iii). Operations Manager

(iv). Marketing Manager

(v). Human Resources Manager

(vi). Business Analyst

(vii). Consultant

(viii). Sales Manager

(ix). Customer Service Manager

Scope for Higher Education

Graduates of the Master of Applied Management programme may choose to pursue employment after completing the programme or further their education. Following the successful completion of a Master of Applied Management degree, the following educational options are the most common:

1.    PhD in Applied Management.

2.    Competition-Based Tests.

Skills that make you the Best in Master of Applied Management

To excel as a Master of Applied Management graduate, many skills are required that will help to increase the individual learning curve and boost a practical approach that must be inculcated in the continuous learning environment.

(i). Communication skills.

(ii). Interpersonal skills.

(iii). Leadership skills.

(iv). Problem-Solving skills.

(v). Analytical skills.

(vi). Listening skills.

(vii). Basics of IT.

(viii). Business analysis.

(ix). Team Work.

(x). Project management.

FAQs

(1). What is a Master of Applied Management?

Ans. A postgraduate degree curriculum known as the Master of Applied Management (MAM) equips college students with the capabilities and understanding to thrive in a whole lot of commercial enterprise situations. 

(2). What is the expected salary for a Master of Applied Management?

Ans. The expected salary for a Master of Applied Management graduate is around INR 3,00,000-19,00,000  per annum. 

(3). What are the eligibility criteria for admission to the Master of Applied Management?

Ans. The eligibility standard for Master of Applied Management is that applicants have to have finished a degree with 55%. 

(4). What is the admission process for a Master of Applied Management?

Ans. The admission process for a Master of Applied Management is both merit-based and entrance based. 

(5). What is the average fee for a Master of Applied Management?

Ans. The average fee for a Master of Applied Management graduate is around INR 10,000-3,00,000 per annum. 

(6). What are the top entrance examinations for the Master of Applied Management?

Ans. CAT, GMAT, SNAP, NMAT, and MAT are some of the top entrance examinations for a Master of Applied Management.

(7). What are some of the best colleges for this course program?

Ans. The best Colleges for this program are the Indian School of Business (ISB), Xavier School of Management (XLRI), and Symbiosis Centre for Management and Human Resource Development (SCMHRD).

(8). What are some of the most popular job profiles for a Master of Applied Management?

Ans. Popular job profiles for this course are Business Analyst, Consultant, Manager, Project Manager, Strategy Analyst, etc.

(9). What are the top recruiters of the Master of Applied Management?

Ans. Deloitte, Cognizant, Infosys, Google, Accenture, ICICI Bank, etc. Are some of the top recruiters of Master of Applied Management.