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Master of Applied Management is a 2-year full-time postgraduate course. This course deals with law and ethics, economics, business finance, operations management, business technology, information management, etc.
Candidates who have completed BBA/Bachelor's degree or an equivalent degree from a recognized university with 55% aggregate marks or 6 GPA point scale in bachelor's degree can apply for this course.
Almost all the top institutes in the country admit students based on entrance examinations like CAT, GMAT. There is also a round of personal interviews held after qualifying for the entrance examination.
The subjects that are taught during the course include International markets, business laws, business communication, retail Management, finance for executives, business planning, governance, global strategies in business, etc.
Some of the top MAM institutes are BIMTECH, Greater Noida, Chandigarh University, Chandigarh, IIMS, Kolkata.
Also check top MAM Colleges in India here.
The average fee for the MAM course is INR 10,000 to 3,00,000. The fee structure depends on the course offered by college, size and location of campus.
Some of the top MAM Jobs include jobs like Finance Manager, Operations Manager, Executive Manager, Research Assistant, HR Manager etc.
The average salary that a fresher gets on completion of this course usually ranges between INR 2,00,000 and 35,00,000.
The top recruiting organizations are TATA, Samsung, Microsoft, Wipro, DELL, Accenture, TCS, HP, LG, CISCO etc.
Master of Applied Management Course Highlights
Highlights for the Master of Applied Management (MAM) program are provided in the table given below:
| Course Level | Postgraduate |
| Full-Form | Master of Applied Management |
| Duration | 2 years |
| Examination Type | Semester Type |
| Eligibility | Bachelor's degree |
| Admission Process | Merit/ Entrance-Based |
| Average Course Fees | INR 10,000- 3,00,000 |
| Average Annual Salary | INR 2,00,000- 35,00,000 |
| Top Recruiting Companies | TATA, Samsung, Microsoft, Wipro, DELL, Accenture, TCS, HP, LG, CISCO |
| Job Positions | Finance Manager, Operations Manager, Executive Manager, Research Assistant, HR Manager etc. |
MAM Admission Process
Admission for the master of applied management course is done either through entrance examination or merit followed by a personal interview. The most popular entrance examination that is conducted is CAT, XAT, GMAT, JMET. Candidates who pass these entrance examinations conducted by the college are called for a personal interview.
All the steps involved in the MAM Admission process are provided below:
- Registration: Registration dates are announced days before by the institute or the conducting body. An account needs to be created with basic details like email id, phone number, etc.
- Fill up details: Fill up the application form with all the necessary details with care. Care must be taken to ensure all details are accurate and correct.
- Uploading of documents: Students have to upload the requisite documents in a prescribed format
- Application fee: A minimum application fee is to be paid online during the submission of the application form and the payment can be done by all online payment modes.
- Download admit card: Admit cards are released once all the applicants are judged for eligibility.
- Examination: Prepare for the exam as per the past papers and syllabus. Appear for the examination on the date announced.
- Results: Results are announced after a couple of weeks of the exam date. If a candidate is successful in the qualifying entrance examination, they can move on to the next round.
- Personal Interview: Personal interview is held for the students who have cleared the entrance examination.
MAM Eligibility Criteria
The eligibility criteria for MAM aspirants are not complicated and are as follows.
- Candidates must have completed BBA/ bachelor's degree or an equivalent degree from a recognized University.
- The qualifying aggregate score required is 55% of marks in average or 6 GPA point scale in bachelor's degree.
Popular MAM Entrance Exams
A large number of national and state-level entrance exams are conducted for students seeking admission into the MAM course.
Some of the top entrance exams required for MAM Admission are as follows:
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CAT: CAT or Common Admission Test is an online test which is conducted annually by IIMs to select students for providing admission into various management courses.
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MAT: MAT or Management Aptitude Test is a national level exam which is conducted in every trimester of the year. This exam is conducted by the All India Management Association (AIMA) for admission into MBA/PGDM courses across the country.
Check the table given below for important dates related to the above mentioned exams:
| Exam Name | Exam Details |
|---|---|
| CAT | Check Here |
| MAT | Check Here |
| SNAP | Check Here |
| IIFT | Check Here |
| IBSAT | Check Here |
| CMAT | Check Here |
| MAH CET | Check Here |
| NMAT | Check Here |
| ATMA | Check Here |
| XAT | Check Here |
| TISSNET | Check Here |
| TANCET | Check Here |
How to prepare for the Master of Applied Management Entrance Examinations?
To help candidates prepare better and efficiently for the entrance examination for the following points can be referred to:
- Make a timetable for studying that includes each topic in every subject and stick to that timetable. This will ensure the entire syllabus is covered at least once and allocate time daily to studies.
- Clear up the basics. On clearing the basics the more advanced chapters will be covered up later on easily and a strong understanding of the basics will be useful.
- Practice, practice, practice. Entrance examinations are all about practice. Attempt as many sample papers as possible and take mocks as well.
- Allocate time separately for the more difficult topics. If needed, reach out to a teacher or tutor to get help on those topics again.
- Various aptitude preparation books are available in the market. A candidate can purchase the most recommended book and can prepare the questions from it.
How to get admission to a good Master of Applied Management College?
To secure admission into a top-ranked MAM College, several factors come into play; some of the following tips will be helpful in that regard.
- Be aware of the different types of questions and the difficulty level of the questions that are asked in different entrance exams some papers might be easier to attempt than the others but it will help in better preparation.
- Since questions are asked from the syllabus that has been formulated, going over the material and the notes will be sufficient. Revision of all the basic concepts must be done.
- Prepare the aptitude section and the verbal part by practicing past papers.
- Be aware of all the dates and deadlines examinations. Application dates, exam commencement dates, etc. are changed and advertised in all the major newspapers. Thus, it is important to keep track of any such news.
- Take a look at the daily news and shares of the world regularly as keeping up to date with news will help in preparation for the exam in the counseling round but also act as a break from studying.
MAM Syllabus
The subjects taught for the MAM program are almost similar in most colleges. The syllabus for the entire MAM course is as follows.
| Year I | Year II |
|---|---|
| International Markets | Decision Making |
| Principles of Management | HR Management |
| Business Laws | Business Planning |
| Business Communication | Governance |
| Technology in business | Retail Management |
| Finance for executives | Lean Management |
| Leadership | Research in Applied Management |
| Global strategies in business | Applied Business Research Project |
| Innovation | - |
Top Books for Master of Applied Management
Tabulated below are some of the subject books that can help students to have a broader and better understanding of the course.
| Name of the Book | Author |
|---|---|
| Management: Tasks, Responsibilities, Practice | Peter Drucker |
| Built to Last: Successful Habits of Visionary Companies | James C. Collinsa and Jerry I. Porras |
| The Circle of Innovation | Tom Peters |
| The New One Minute Manager | Ken Blanchard and Spencer Johnson |
| Growing Business | Paul Hawken |
Top Master of Applied Management Colleges
The table shows the best MAM colleges/ universities that offer the course in full-time mode.
| Name of the University | Average Fees |
|---|---|
| BIMTECH, Greater Noida | INR 12,00,000 |
| LIBA, Chennai | INR 15,26,000 |
| Chandigarh University, Chandigarh | INR 1,95,000 |
| IIMS, Kolkata | INR 6,27,000 |
| Prestige Institute of Management and Research, Indore | INR 52,000 |
| N.L. Dalmia Institute of Management Studies and Research, Mumbai | INR 10,20,000 |
| Universal Business School, Karjat | INR 10,98,000 |
Master of Applied Management College Comparison
The tabulation below depicts the comparison made among the three top MAM colleges in India.
| Parameter | Birla Institute of Technology and Management | Chandigarh University | International Management Institute |
|---|---|---|---|
| Objective | Birla Institute of Technology and Management is one of the top management colleges and among the best private B-schools. | Chandigarh University is a Private University that offers various UG, PG, and Ph.D. courses. | International Management Institute is the first corporate-sponsored B-school in the country and is a private institution accredited by NBA. |
| Location | Greater Noida | Chandigarh | Kolkata |
| NIRF Ranking 2021 | 47 | 51 | 52 |
| Average Annual Fees | INR 65,750 | INR 1,95,000 | INR 6,27,000 |
| Average Annual Salary | INR 23,00,000 | INR 35,00,000 | INR 20,00,000 |
| Top Companies Visited | Accenture, Infosys, Wipro, SBI | Wipro, IBM, Capgemini, Accenture | ICICI, Autogram, Reliance Industries, Reliance Retail, Fab Hotels |
MAM Vs MBA
Both MAM and MBA are management courses offered at the postgraduate level however, there are some differences between them.
Also check the top MBA Colleges here.
See more:
The comparison between MAM and MBA are as follows:
| Parameters | MAM | MBA |
|---|---|---|
| Duration | 2 years | 2 years |
| Focus Area | It deals with management-related activities and practice and is all about examining ways in which management principles can be utilized to solve business-related problems. It helps to learn to execute strategic plans, design and helps in solving real-time problems. | It is an internationally accredited postgraduate degree for developing business and management skills amongst future business leaders and entrepreneurs. It covers a wide range of business fields like accounting, marketing, and management. |
| Admission Criteria | Merit/ Entrance Based | Entrance-Based |
| Eligibility Criteria | Bachelor's degree in Management | Bachelor's degree in Management |
| Average Course Fees | INR 10,000- 3,00,000 | INR 2,00,000- 30,00,000 |
| Job Options | Finance Manager, Research Assistant, Operations Manager, Executive Manager | Account Manager, Sales Manager, Digital Marketing Manager, Marketing Manager |
| Areas of Employment | Sustainable business, Domestic markets, Consultancy, Product and Service management | Banking, Finance, Telecom, Digital Marketing, Human Resource Management, Sports |
MAM Future Scopes and Career Prospects
Master of Applied Management graduates can prefer jobs on completion of this program or can go for higher studies. The most popular choices of education on completion of a Master of Applied Management degree are as follows.
- PhD in Applied Management: A large number of post-graduate students choose to pursue a Doctorate in Applied Management course. It opens the doors of various opportunities as it trains the candidates in the industry to use their experience and research to make strategic decisions for the smooth and sustained working of an organization.
- Competitive Examinations: Another route that postgraduate students can opt to go for is to prepare for competitive examinations. Examinations that are meant for job opportunities in government sector organizations are the most popular. Jobs are secure with assured high pay and regular increments.
Job Prospects and Career Options after MAM
- Candidates who complete the Master of Applied Management course have opened up several doors for their career and may get jobs at the executive or managerial level and work their way up based on the opportunities that come their way.
- Graduates can enter any industry such as automobile, advertising, agriculture, banking, cement, small and medium enterprise, management, information technology, insurance, mining after completing the course and can also join the financial manager if they are good with money matters.
Some of the most common job profiles that a MAM student can opt for along with the job description and salary package are mentioned in the table below.
| Job Profile | Job Description | Average Annual Salary |
|---|---|---|
| Financial Manager | Financial managers are responsible to prepare or review financial reports, overseeing a company's financial condition, analyzing trends, and advertising the top management personnel on finances and profits. | INR 9,00,000 - 10,00,000 |
| Operations Manager | The job of an operation manager is to coordinate activities that affect business requirements and operational decisions and are responsible for planning, production, and procurement of daily operations. Planning, scheduling, reviewing, and managing the growth and success of the team also come under their responsibility. | INR 7,00,000 - 8,00,000 |
| Research Assistant | The responsibility of a research assistant is to help store and corporate management to ensure retail outlets function well. Their work also includes sales maximization, personnel scheduling, customer service improvement, and employee organization. | INR 3,00,000 - 5,00,000 |
| HR Managers | The job of HR managers to inspire, help, manage and hire the best employees for the job positions. They are the link between the employer and employee and their exact duties of the human resource specialist can vary. | INR 10,00,000 - 11,00,000 |
| Executive Manager | The job of an executive manager is to oversee the operations and activities of a department or the entire company or organization. They do so by implementing policies and procedures, and by establishing budgets. Their work also includes overseeing personnel decisions such as hiring and firing, and also compensation. | INR 10,00,000 - 15,00,000 |
MAM FAQs
Some of the most frequently asked questions of the Master of Applied Management program are as follows:
Ques. What is the course duration of the MAM program?
Ans. The Master of Applied Management has a course duration of two years.
Ques. Which entrance examinations are conducted to get admission to the Master of Applied Management program?
Ans. CAT, XAT, MAT, GMAT are some of the popular entrance examinations that are conducted to get admission to the MAM program.
Ques. What is the educational qualification that is required to get admission to the MAM course?
Ans. A candidate must have passed a BBA/ Bachelor's degree or an equivalent degree from a recognized university with 55% of marks in an average of 6 GPA point scale in bachelor's degree to be eligible for Master of Applied Management course.
Ques. What is the admission procedure to get admission to the MAM program?
Ans. Admission for Master of Applied Management courses is either based on merit or entrance examination followed by the personal interview. Most of the colleges enroll students based on the entrance examination score and personal interview for course admissions.
Ques. What is the average fee for the course master of applied management in Indian colleges/universities?
Ans. The average annual fee to pursue the program ranges from INR 10,000- 3,00,000 depending on the college/ university one is seeking admission to.
Ques. What are the top institutes to pursue a Master of Applied Management course?
Ans. ABSS Institute of Technology, Institute for Professional Excellence and Management, Birla Institute of Management Technology, International Management Institute are some of the top universities to pursue the MAM Program.
Ques. What are the top job opportunities after completing the post-graduation course in applied management?
Ans. Executive Manager, Finance Manager, Operations Manager, Research Assistant, HR Managers some of the top career prospects after completing Masters of Applied Management program.
Ques. What is the average starting salary after completing the Masters of Applied Management program?
Ans. The average salary that is offered after pursuing the MAM program ranges between INR 2,00,000 and 35,00,000.
Ques. What are the top recruiting areas after completing the Master of Applied Management program?
Ans. Domestic markets, Sustainable business, Consultancy, Product and Service Management, managing people, and business are some of the top areas an individual can go for after pursuing the course.
Ques. What are the top recruiting companies after completing the Master of Applied Management course?
Ans. TATA, Microsoft, CISCO, Wipro, DELL, Accenture, Samsung, CTS, TCS, HP, LG are some of the top recruiting companies that recruit students after completing the MAM course.
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