Master of Applied Management [MAM] Top Colleges, Syllabus, Scope and Salary

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Pranjal Singhal

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Master of Applied Management [MAM] is a 2-year full-time Postgraduate course. In this course, students gain knowledge and skills, professional competence and leadership skills, resulting in sophisticated understanding, building on existing qualifications and experience in modern business and management.

Only a few colleges offer Master of Applied Management course in India. Eligibility criteria, Admission process, and Fees structure may vary from one college to another.

Colleges offer this course includes:

The average fee for this course ranges between INR 10,000 to INR 3 lakh based on the student’s mark or scores in Bachelor’s degree examination or entrance exam.

Candidates who have completed Bachelor’s degree in Business Administration or an equivalent bachelor’s degree from a recognized university are eligible for Master of Applied Management course. Candidates with 45% of marks in aggregate are eligible. The percentage may vary from one college to another. Eligible candidates may apply for this course through online/ offline at respective college official website or admission office.

For seeking admission for Master of Applied Management (MAM) course is based on the merit list or entrance-based. Most of the institutes select students based on the marks obtained in their bachelor’s degree examination for course admissions. Some colleges conduct entrance exams to select candidates for this course admission. Few colleges directly admit students for this course admission.

After completion of this course, graduates may get opportunities in areas like Domestic markets, Sustainable business, Consultancy, Product and Service management, Managing people and Business, etc. These graduates may work in positions like a financial manager, Operations Manager, Executive Manager, Research Assistant, HR Manager, etc. The average salary for these professionals ranges between INR 2 to 35 Lacs per annum.

Master of Applied Management [MAM]: Course Highlights Table

Written below are some of the major highlights of the course.

Course Level Postgraduate
Duration 2 years
Examination Type Semester type
Eligibility Bachelor’s degree
Admission Process Merit-based or Entrance-based
Top recruiting organizations TATA, CISCO, Microsoft, DELL, Wipro, Accenture, Samsung, CTS, TCS, HP, LG
Top recruiting areas Domestic markets, Sustainable business, Consultancy, Product and Service management, Managing people and Business
Top job profiles Financial manager, Operations Manager, Executive Manager, Research Assistant, HR Manager
Course Fee INR 10,000 to 3 Lacs
Average Starting Salary INR 2 to 35 Lacs

Master of Applied Management [MAM]: What is it about?

Master of Applied Management [MAM] course helps to learn to execute strategic plans, design, promote teamwork, solve real-time problems, and manage employee effectively. In this course, students study coursework are business analysis, critical thinking, and research. Major topics include in this course are law and ethics, economics, business finance, organizational behavior, business technology, information management, and operations management.

In this course, students study major eight areas are markets, money, people and culture, technology, planning, globalization, innovation, sustainability. Apart from these topics students also study small to medium sized enterprises and sustainable business. The main aim of this course is to strengthen student’s skills in work processes and managing people. In this course, students learn how to get the best work out of people, and learn how to utilize current and future technologies to achieve business goals.

Master of Applied Management [MAM]: Top Institutes 

Given below are the college names, location and the average structure of the fees which will be taken by the college for this course.

COLLEGE NAME CITY AVERAGE ANNUAL FEE IN INR
ABSS Institute of Technology Meerut INR 91,850
Accord Business School Tirupati INR 45,000
Biju Patnaik Institute of Information Technology and Management Bhubaneswar INR 1,25,000
CU Shah College of Engineering and Technology Gujarat INR 76,880
Dr. A.P.J. Abdul Kalam Technical University Lucknow INR 55,000
Hi-Tech Institute of Technology Bhubaneswar INR 48,830
IILM Academy of Higher Learning Noida INR 54,500
Institute for Professional Excellence and Management Ghaziabad INR 96,000
Jai Bharath School of Management Studies Kochi INR 1,25,000
Kum. M.H. Gardi School of Management Rajkot INR 9,000
Madanapalle Institute of Technology and Science Chittoor INR 1,00,900
Navneet College of Technology and Management Azamgarh INR 1,80,000
Prestige Institute of Management Gwalior INR 2,03,000
Rajasthan Technical University Kota INR 36,250
Rajiv Academy for Technical and Management Mathura INR 10,000
RB Institute of Management Studies Ahmedabad INR 71,000
Scope College of Engineering Bhopal INR 48,000
Shri Siddhi Vinayak Institute of Management Bareilly INR 1,40,000
The Sri Satya Sai University of Technology and Medical Sciences Sehore INR 60,000
Srusti Academy of Management Bhubaneswar INR 50,000
SV Institute of Management Mehsana INR 80,000
TDL College of Technology and Management Lucknow INR 2,13,750

Master of Applied Management [MAM]: Eligibility

For Master of Applied Management [MAM] course eligibility, candidates have to pass BBA/ Bachelor’s degree or an equivalent degree from a recognized university. Candidates who have 55% of marks in average or 6 GPA point scale in bachelor’s degree examination are eligible. The percentage may vary from one college to another.

Applying for this course:

Eligible candidates may apply for this course through online or offline. Candidates may get an application form and apply for this course through official website of the respective college. Candidates can directly get application form directly from the admission office of the respective college for this course.

Master of Applied Management [MAM]: Admission Process

Admission for Master of Applied Management [MAM] course is based on merit-based or entrance-based followed by the personal interview. Most of the colleges conduct counseling and select students based on the marks obtained in their Bachelor’s degree or merit list prepared by the universities. Some reputed colleges conduct entrance exam and personal interview for course admissions.

Major entrance exams conducted by the reputed colleges and universities are:

Candidates who are passed an entrance exam conducted by the college should attend the personal interview. Few colleges directly admit students for this course.

Master of Applied Management [MAM]: Syllabus and Course Description

A year-wise syllabus for Master of Applied Management [MAM] is given below. The syllabus may vary from one college to other.

YEAR I YEAR II
International markets Decision Making
Principles of Management HR Management
Business Laws Business Planning
Business Communication Retail Management
Finance for Executives Governance
Technology in Business Lean Management
Leadership Research in Applied Management
Innovation Applied Business Research Project
Global Strategies in Business -

Master of Applied Management [MAM]: Who should opt?

  • Candidates who have an interest in Applied Management and its related areas are suitable for this course.
  • Candidates who are hard-working, creative, smart, willing to take risks, good with people, and have motivation are suitable for this course.

Master of Applied Management [MAM]: Career Prospects

Graduates who completed Master of Applied Management course have opened up several doors for their career. Professional may get jobs at the Executive or Managerial level and work their way up based on the opportunities that come their way. By pursuing this degree graduates can enter any industry such as Automobile, Advertising, Agriculture, Banking, Cement, Small and medium enterprise management, Information technology, Insurance, Mining, etc. They can also join as a financial manager if they are good with money matters.

They can start their career as a marketing manager and they will be to handle the several marketing processes in the company across various departments like marketing, sales, advertising and so on. Skilled professionals meet the new challenges and generate employment, the Indian government is emphasizing immensely on entrepreneurship development in the country. Today applied management is regarded as one of the important determinants of the industrial growth of a country.

Further Study: Candidates who would like to continue their studies in project management can further study Ph.D. in Applied management. In this course, candidates may completely learn all aspects of applied management and gain knowledge and skills in applied management. After completing this course, graduates may find jobs in reputed or government channels or companies with high salary packages.

Given below are the major job positions, their descriptions, and the Average annual salary for each position:

Master of Applied Management [MAM annual salary
JOB POSITION JOB DESCRIPTION AVERAGE ANNUAL SALARY IN INR
Financial Manager Financial Managers are responsible for overseeing a company’s financial condition, preparing or reviewing financial reports, analyzing trends and advising the top management personnel on finances and profits. Many companies want financial managers with a degree, as these candidates tend to have the analytical abilities and software knowledge required to do the job. INR 9 to 10 Lacs
Operations Manager Operations Managers are responsible for coordinating activities that affect business requirements and operational decisions. They also responsible for planning, production, and procurement of daily operations. The plan, schedule, review, and manage the growth and success of the team. They create a detailed schedule based on strict deadlines, monitors production deadlines, and purchase services and materials required for production. INR 7 to 8 Lacs
Research Assistant Research Assistants are responsible for helping store and corporate management to ensure retail outlets function well. They also responsible for sales maximization, personnel scheduling, customer service improvement, and employee organization. Amount of training and education necessary to become an assistant manager in a retail store can vary greatly depending on the employer. INR 3 to 5 Lacs
HR Manager HR Managers are responsible for inspiring, helping, managing, and hiring the best employees for their job positions. They are the link between employer and employee. Their exact duties of the human resource specialist can vary; some graduates have specific titles like recruitment specialist or employment interviewer. At smaller companies, they perform a variety of job duties. INR 10 to 11 Lacs

Master of Applied Management [MAM] Fee Structure in India


47.60 K (Minimum Fee)PUBLIC COLLEGES3.92 L  (Maximum Fee)
2.20 L (Average Fee)
1 L (Minimum Fee)Private COLLEGES1.35 L (Maximum Fee)
1.19 L (Average Fee)

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Master of Applied Management [MAM] Colleges IN INDIA

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1.6 L Total fees
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Accord Business School - [ABS]
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AICTE
45 K first year fees
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Mansarovar Group of Institutions
Bhopal, Madhya Pradesh
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