MMS (Finance): Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time
Written By universitykart team | Last Updated date Oct, 09, 2024

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

(1). What is an MMS Finance?
Ans. 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.

(2). What is the average fee structure for MMS Finance?
Ans. The average MMS Finance fees charged by colleges or universities in India lie anywhere between Rs. 2,00,000-13,00,000 per year.

(3). What is the expected salary for an MMS Financegraduate?
Ans. The expected salary for an MMS Finance graduate is around Rs. Rs. 3,00,000-10,00,000 per annum.

(4). Which requirements must one meet to get admitted to MMS Finance?
Ans. The eligibility standard for MMS l is that applicants have to have finished a bachelor’s diploma.

(5). What is the MMS Finance admissions procedure?
Ans. The admission process for MMS Finance is both merit-based and entrance based.

(6). What is the duration of an MMS Finance?
Ans. MMS Finance is a two-year full-time course segregated into four equal semesters of 6 months.

(7). What are the top MBA entrance examinations?
Ans. CAT, XAT, and SNAP are some of the top entrance examinations for MMS Finance.

(8). What areas of employment does this course offer to its graduates?
Ans. The graduates of this course can seek employment in areas such as Investment banks, branding and marketing companies, private companies, multinational corporations, consulting firms, etc.

(9). What are some of the best colleges for this course program?
Ans. The best Colleges for this program are

(10). What are some of the most popular job profiles for an MMS Finance?
Ans. The University of Mumbai,K L Deemed to be University are some of the most popular job profiles for an MBA in Bioinformatics

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