About
Course
A two-year post-graduate
program in management studies is called MMS Finance. Management
studies are one of the most expansive fields in the modern world. This course
covers in-depth topics in business studies, human resource management, and
economics. The management facets of any business that interacts with money and
investments are the main topics of discussion in MMS finance. Students gain a
thorough understanding of the dynamic management sector, cutting-edge business
tactics, entrepreneurship, trading, finance, stock analysis, and risk
management.
This focuses on teaching students how to establish efficient and effective financial management within the organization through legitimate planning and strategy to maximize its benefits. Graduates of the MMS Finance program have the option of enrolling in PGDM in Management or MBA programs due to the substantial salary that MBA jobs offer.
Course
Highlights
Check all the important details about MMS Finance from the table given below:
Particular | Value |
Course Name | MMS Finance |
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 2,00,000-13,00,000 |
Average Annual Salary | INR 3,00,000-10,00,000 |
Top recruiters | NDDB, ICICI bank, ITC Ltd, Mahindra & Mahindra, etc. |
Job Profiles | Investment banks, branding and marketing companies, private companies, multinational corporations, consulting firms, etc. |
Why
study MMS Finance?
Like other postgraduate degrees,
MMS Finance is a crucial subject with a high market value. It is made up of
talents, procedures, and academic achievement in addition. Along with the
academic components, the MMS Finance program also teaches you several
skills and methods, such as assumption skills, analytical skills, and
decision-making skills.
(i). MMS Money
outfits you with a total manual for laying areas of strength for our
administration inside an association.
(ii). You can use it to help
you overcome a range of organizational finance and investment difficulties. The
importance of management flow in preserving an organization's base is also
covered.
(iii). To boost the company's yearly turnover, MMS Finance trains applicants on how to handle accounts and maintain client connections. MMS Finance is in charge of giving both application-based education and condensed practical knowledge in addition to theoretical information.
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 MMS Finance Courses
The MMS Finance offers full-time, part-time, and distance learning
alternatives for candidate follow-up. The following publications are listed
below
(1). Distance or Online
Postgraduate: MMS Finance in India is designed for those who are unable to
attend regular sessions; One of the most popular alternatives is MMS Finance
(2). Full-Time:
The postgraduate course in Computer 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 postgraduate
course in project management is a great advantage.
Eligibility
Criteria
The
eligibility criteria for an MMS Finance 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
Admission to the MMS Finance is based on both
the entrance exam and the achievements made. Below is the recruitment process
for this:
(I). Filling out the application form: Visit
the websites of the interested universities/institutes and fill out the
application form, but first read the instructions on how to fill out the form
correctly.
(ii).
Required Documents: A form is required to fill in various documents such
as Aadhaar Card, Pan Card, Photo, Time Card, etc.Double check before final
submission: Before final submission of the application form, make sure there
are no errors in it.
(iii)
Make Payment: After completing the registration form, you will need to make an
online payment.
(iv) Print Receipt: After payment, the
applicant must print the last page of the receipt for future reference.
Students have the option of being admitted directly to the course by completing
the recruitment brochure and completing the offline recruitment form.
Students also have the opportunity to go directly to the university and fill out an admission booklet. Students can also pay tuition fees offline.
Accepted
Entrance Exam
Below is the list of some of the entrance exams for the MMS Finance:
MAT | IIFT |
SNAP | CMAT |
CAT | XAT |
Skills
Required
An MMS Finance is a program designed to enhance your skills and knowledge in the areas of Finance. Here are some common skills and competencies that are typically beneficial for pursuing an MMS in Finance:
Business Intelligence | Managing Cash Flows | Data Management |
Observation skills | Communication skills | Problem-solving |
Analytical and Critical thinking skills | Time management | Decision-making skills |
Financial Transaction Modeling | Team Work | Leadership skills |
Fee
Structure
The fee Structure For MMS Finance is listed below:
Name of College | Average Annual Fee(INR) |
Jamnalal Bajaj Institute of Management, Mumbai | INR 50,0000 |
University of Mumbai, Mumbai | INR 66,000 |
Pondicherry University, Puducherry | INR 70,000 |
K L Deemed to be University, Calcutta | INR 80,000 |
Kerala Agricultural University, Kerala | INR 70,000 |
Purnea University, Purina | INR 57,000 |
Dr. B. R. Ambedkar School of Economics, Bengaluru | INR 1,20,00 |
Adamas University, Noida | INR 65,000 |
KL Business School, Guntur | INR 2,50,000 |
Parul university, Vadodara | INR 1,00,000 |
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
MMS Finance v/s MBA Finance
Parameter | MMS Finance | MBA Finance |
Course Name | MMS Finance | MBA Finance |
Course Overview | A two-year post-graduate program in management studies is called MMS Finance. Management studies are one of the most expansive fields in the modern world. This course covers in-depth topics in business studies, human resource management, and economics. The management facets of any business that interacts with money and investments are the main topics of discussion in MMS finance. | An MBA in Finance opens up a wide range of opportunities for students in the world of finance. In this course, students will learn to analyze company reports, predict economic trends, take actions to maximize stock value, select investment portfolios, and weigh risk and return. |
Duration | 2 years | 2 years |
Eligibility | Candidates should have a degree with 50% | Candidates should have a degree with 50% |
Entrance Exams | CAT, XAT, MAT, CMAT, GMAT, IIFT, etc | CAT, XAT, MAT, CMAT, GMAT, IIFT, etc |
Average Annual Fees | INR 50,000-13,00,000 | INR 50,000-12,00,000 |
Top Colleges | IIM Bangalore, Christ University, IIFT | IIM Bangalore, Christ University, IIFT |
Top
Colleges
The MMS Finance is offered by numerous prestigious colleges and universities nationwide. The following is a list of some of the best colleges that offer this course, along with additional information:
Name of College | Average Annual Fee(INR) | Location |
Jamnalal Bajaj Institute of Management | INR 50,0000 | Mumbai |
University of Mumbai | INR 66,000 | Mumbai |
Pondicherry University | INR 70,000 | Puducherry |
K L Deemed to be University | INR 80,000 | Calcutta |
Kerala Agricultural University | INR 70,000 | Kerala |
Purnea University | INR 57,000 | Purina |
Dr. B. R. Ambedkar School of Economics | INR 1,20,00 | Bengaluru |
Adamas University | INR 65,000 | Noida |
KL Business School | INR 2,50,000 | Guntur |
Parul university | INR 1,00,000 | Vadodara |
Job
& Placements
The best jobs after an MMS in Finance are Corporate Banking, Financial Advisor, Commercial Banking, Portfolio Manager, Private Equity Analyst, Project Manager, Financial Advisor, Risk Manager, etc.
Job Profile | Job Description |
Account Managers | Account managers are responsible for overseeing the sales department of an organization. They mainly work on customer relationships within the organization and manage customer sales accounts. |
Portfolio Managers | Portfolio managers are responsible for dealing with investments and investors on behalf of the company. They are required to calculate the possible risks and preferences for price risk and default risk within a given timeframe for investors. |
Investment bankers | Investment bankers have to operate in the capital markets to generate money and liquidity for their clients by selling stocks and issuing bonds. For such measures, they have to deal with companies. |
Business consultants | Business consultants are responsible for business development and performance. |
Equity Research Analysts | Equity Research analysts work indirectly on the stock markets, helping their clients invest in the right stocks of companies so they can enjoy a good dividend at the end of the year. |
Top
Recruiters
Listed here some of the top recruiters who hire MMS Finance are as under:
NDDB | KPMG | TCS |
ICICI bank | HDFC Bank | Accenture |
Mahindra & Mahindra | IBM | Infosys |
ITC Ltd | Deloitte | Tech Mahindra |
Average
Salary
Below are job profiles with approximate salaries
Job Role | Average Annual Fee(INR) |
Account Managers | INR 6,00,000 |
Portfolio Managers | INR 11,00,000 |
Investment bankers | INR 9,50,000 |
Business consultants | INR 11,00,000 |
Equity Research analysts | INR 8,78,000 |
Entrepreneurs | INR 8,00,000 |
Career/Scope
A Master of Management Studies (MMS) in finance can open up career paths in the financial sector. Consider the following possible career paths and roles.
Career
Options after MMS Finance
1.
Analyst in Finance: You would be a financial analyst if you wanted to support
investment decisions, budgeting, and financial planning by analyzing financial
data, conducting research, and providing insights and recommendations.
2.
Securities Trading: You might want to look into investment banking
opportunities if you have experience in finance.
3.
Corporate Money: You can work in financial planning and analysis, treasury
management, risk management, or corporate development in many companies'
dedicated finance departments.
4.
Controlling a Portfolio: You could manage investment portfolios for individuals,
businesses, or funds as a portfolio manager. This job includes investigating
speculation choices, pursuing venture choices, and observing portfolio
execution.
5.
Financial advice: You can help clients with financial management, risk
assessment, financial restructuring, or investment strategies as a financial
consultant, either on your own or with consulting firms.
6.
Management of risk: You would be a risk manager if you could find and evaluate
potential threats to an organization's financial health and come up with ways
to reduce those threats.
7.
Planning your finances: You could work as a financial planner or advisor,
assisting families and individuals with planning their investments, retirement,
taxes, and wealth management.
8.FinTech, or financial technologist: You might want to look into opportunities in the FinTech industry because of technology's growing influence on the financial sector.
Skills
that make you the Best MMS Finance
Students
need to keep up with the essential skills given the rise in MMS finance job
vacancies. Employers will be able to gauge your efficiency based on your
demonstrated skills as a result of this. Here are the top MMS Finance
abilities.
(i).
Thinking Analytically: Insightful reasoning is among the normal abilities about
funding. To assist businesses in comprehending the risks associated with
various finance projects, professionals in finance need to be able to think
critically and have an analytical mind
(ii)Business
Analytics: This is another fundamental expertise that requires information on
(ERPs) like Prophet, and SAP which are significant for asset arranging.
Professionals can use business intelligence to efficiently plan investments for
the future, allocate labor hours, and manage inventory. For data interpretation,
various business analytics tools like Tableau are also helpful.
(iii).
Information The executives: This is a crucial ability that aids in data
curation, storage, management, and upkeep.
(iv)Prescient
Examination: Financial planning that relies heavily on data management
frequently makes use of this. Companies can build policies and come up with
effective strategies for themselves with the assistance of predictive analysis.
(v).
Monetary Announcing: This includes communicating financial results to
stakeholders and upper management and relating information. People make income
and balance sheets, as well as financial statements so that they can show the
interested party your company's financial situation.
(vi).
Monetary Demonstrating: This strategy is utilized to address truly monetary
situations through hypothetical techniques. Financial modeling to evaluate any
business asset's financial performance. They are frequently a component of
financial planning or strategic thinking.
(vii). Control of Cash Flows: After deducting cash expenses, this is the process of analyzing, monitoring, and optimizing businesses' cash receipts. Businesses can stay profitable and avoid any kind of financial loss with effective cash flow management.
FAQs
Ask us and get personalized response free of cost.
Get Latest Notification of Colleges, Exams and News.