MS Management Course, Admission, Entrance, Top Colleges, Syllabus, Job Scope 2024

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Waqar Niyazi

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MS course is a one- or two-year postgraduate research level course depending on the college/ university seeking admission. The course is available in full-time, part-time or any other format. The course offers advanced in-depth study on different techniques and principles of management. It imparts soft skills necessary to persuade, influence and negotiate with stakeholders in business organizations. To be eligible for this course study, the aspirants must hold a Bachelor’s degree or equivalent in any professional discipline or any master’s degree in the relevant stream are also eligible for this course study.

Admission to this course is granted on the basis of the score obtained at entrance exam followed by personal interview and counselling round conducted by the respective college or university. Sometimes, candidates having a secured score in any national/state-level entrance exams like CAT/ GATE or GMAT/ TOEFL/ IELTS are eligible for this course admission. The course fee asked by the top-most MS Management colleges typically ranges between INR 25,000-8,00,000, depending on the type of the institute.

After successful completion of this course study, the postgraduates may find a wide range of lucrative career and job opportunities in the field of Research Institutes, IT Firms, Manufacturing Industry, Management Organizations, Finance Sector, FMCG, Healthcare, Infrastructure etc. They are usually hired as a Project Manager, Associate Research Manager, Assistant professor/ Lecturer, Management Consultant etc. Such professionals can easily earn an average salary package of INR 2,00,000 to 10,00,000 per annum on the basis of their skills and expertise in the related field.

Check: MS (Master of Science) Top Colleges in India

MS in Management: Course Highlights

Course Level Post Graduate
Duration 1-3 Years
Examination Type Semester type
Eligibility 4-years Bachelor’s degree course with minimum 60% aggregate marks or Master’s degree with minimum 5% marks from a recognized university
Admission Process Entrance Exam based followed by Personal Interview
Course Fee INR 25,000-8,00,000
Average Salary INR 2,00,000-10,00,000
Job Roles Project Manager, Associate Research Manager, Assistant professor/ Lecturer, Management Consultant etc.
Top Recruiting Areas Research Institutes, IT Firms, Manufacturing Industry, Management Organizations, Finance Sector, FMCG, Healthcare, Infrastructure etc.
Top Recruiting Companies TCS, Wipro, Cognizant, HCL, IBM, ICICI Bank etc.
Admission Procedure

MS in Management: Admission Procedure 

Admission into MS Management course study will be done on the basis of the performance in the entrance exam. Candidates can apply through both online and offline mode.

The general admission process through entrance exam followed by counselling session are as follows:

  • Create a unique profile by using your email id and phone number. Login to the profile, start filling up the application form along with all required details.
  • Scan and upload requisite documents, like marksheet, transfer certificates, id proof, caste certificate (if required), photograph, signature etc. in correct format as mentioned in the online application portal.
  • Required to pay a nominal application form to complete the application procedure through online mode, by using credit card/ debit card/ net banking.
  • Most of the colleges accept national-level or state-level entrance examination for admission into MS Management colleges. Download the admit card and appear for the entrance exam.
  • Within a couple of weeks, the entrance exam result will be announced. The qualified candidates are then invited for the personal interview round, where their skill and capabilities for this course study are being checked.
  • The successful candidates are then called for counselling round, where they can choose their preferred college and to secure their seat, the candidates need to pay the required admission fee and submit all documents.

MS in Management: Eligibility 

If a candidate wishes to pursue MS in Management study, then he/she need to fulfill the below-mentioned minimum eligibility criteria:

MS Management: Entrance Exams

Entrance Exams Exam Dates
CUET PG Check Here
BITSAT Check Here
NEST Check Here
IIT JAM Check Here
DUET Check Here
TISS NET Check Here

MS Management: Tips to clear Entrance Exams 

Admission into MS Management course, the candidates need to obtain a great score in the written entrance exam. Mentioned below the most useful tips to maintain better preparation for the entrance test:

  • Go through the entire entrance exam syllabus. You can download the syllabus directly from the official website of the respective college/ university or exam conducting body.
  • Get a thorough idea about the entrance exam pattern. Try to solve previous year’s question papers and sample question sets to get a clear idea about the pattern.
  • First try to clear and revise the basics of Management Study covered at the Bachelor’s degree level and then go through the advanced topics.
  • Attempt at least 20-25 mock tests before appearing for the entrance exam. It will help you to enhance your confidence level.
  • Revise your lessons daily to identify your weak points and strong points. And try to focus more on the weaker sections.
  • Prepare a timetable and allotted specific time for each topic and try to cover up the entire syllabus within the stipulated time frame.
  • To make your preparation better, you should follow the best study materials available in the market or you can join online coaching classes or take the help of the mentors.
  • Read daily newspapers and articles regarding current affairs on a regular basis to clear up your knowledge so that you can easily clear the interview round.

MS Management: Tips to get the Best College

To get admission into the best MS management college in India, the below mentioned pointers need to follow:

  • List down the top MS Management colleges available in India on the basis of their location, ease of access, eligibility, admission process, course fee.
  • For those colleges which offer admission through entrance exam, the candidates need to perform well.
  • Need to be well-prepared for the entrance exam. Start practicing at the early stage and try to cover all the subjects taught at the graduation level.
  • Always remember to submit the duly-filled application form before the deadline. You can get all updates from the official website of the respective colleges.
  • Get a clear idea about the course curriculum offered by the colleges and be sure about their faculty members.
  • Check out the average placement package offered by the colleges to their last year candidates.
What is it About?

MS in Management: What is it About?

  • MS in Management is a PG level degree course, which helps the students to conduct research in the field of Marketing, Finance, HR, Integrative Management, Operations and Information Systems.
  • The course study helps the students to develop their soft skills required to persuade, influence and negotiate with stakeholders in any business organizations. Even they can carry research work in a wide variety of subjects that provides in-depth advanced knowledge on different management principles and techniques.
  • The course is perfect for those students who wish to start their career in research field or seeking academic competence.
  • During this course study, the students will prepare themselves to carry rigorous, managerially oriented research programs in different areas of management, like integrative management, marketing, finance, corporate finance etc.
  • MS Management course structure best suited the needs of the graduates who may not have studied any business or management subjects and want to pursue qualification in management specialization.
Why Study?

Why Study MS in Management?

  • Upon successful completion of MS Management course, the postgraduates may find a diverse range of prospective career and job opportunities in the field of IT Industry, Manufacturing, Energy/ Oil & Gas, Finance and Banking Sector, Healthcare, E-commerce, Infrastructure and much more.
  • They will be employed as Project Manager, Associate Research Manager, Management Consultant etc. Even they can also join as an Assistant Professor or Lecturer in the reputed colleges and universities in India and abroad.
  • Some of the major recruiting companies are Wipro Technologies Ltd., Tata Consultancy Services Limited, Cognizant Technology Solutions Corp, HCL Technologies Ltd and International Business Management (IBM) Corp etc.
  • Such postgraduates can easily earn an average salary of INR 2,00,000 to 10,00,000 per annum on the basis of their skills and experience in the related field.
  • The students can also opt for higher education in the same field, like Ph.D. in Management or MBA course study.

MS Management: Course Comparison

MS in Management Vs PGDM: Which is the best course to opt for?

Mentioned below the detailed comparison between MS in Management study and PGDM courses on the basis of some major important parameters:

Check out the top PGDM colleges in India.

Parameters MS Management PGDM
Full-form Master of Science in Management Post Graduate Diploma in Management
Course Level Post Graduate Post Graduate
Duration 1-3 Years 2 years
Eligibility UG Degree UG Degree
Admission Process Entrance Exam based followed by Personal Interview Entrance Exam based. Direct Admission in few cases
Course Fee INR 25,000-8,00,000 INR 3,00,000-12,00,000
Average Salary INR 2,00,000-10,00,000 INR 4,00,000-10,00,000
Job Roles Project Manager, Associate Research Manager, Assistant professor/ Lecturer, Management Consultant etc. Administrative Officer, Business Consultant, Finance Manager, Human Resource Manager, Public Relations Officer etc.
Top Recruiting Areas Research Institutes, IT Firms, Manufacturing Industry, Management Organizations, Finance Sector, FMCG, Healthcare, Infrastructure etc. Educational Institutions, Consultancies, Law Firms, Entertainment Portal, Hotels and Resorts, Banks, Marketing Agencies etc.
Top Recruiting Companies TCS, Wipro, Cognizant, HCL, IBM, ICICI Bank etc. The Boston Consulting Group, Bain & Company, Deloitte Consulting, Booz Allen Hamilton, McKinsey & Company, EY LLP Consulting Practice, Accenture etc.
Top Colleges

MS Management: Top Colleges 

MS Management: College Comparison 

Parameters IIT Madras G.D Goenka World Institute
Location Madras Gurgaon
Overview IIT Madras stands at 1st position in NIRF Engineering Ranking with 89.93 scores. Its placement has one of the greatest ROI. G.D Goenka World Institute is ranked 1st among Top Emerging BBA Institutes in BBA Education Ranking Survey by The Times B School 2019.
Admission Process Merit Based Merit Based
Top Recruiters McKinsey, Amazon, Cisco, Dell, Accenture, Google, Jane Street and many others. Amazon, TCS, Infosys, Wipro, HDFC, SBI, ITC, Webtunix, Artech, etc.
Average Salary Package INR 4 LPA INR 3.2 LPA
Job Prospects

MS in Management: Job and Career Prospects

Some of the most common and popular job profiles available for MS Management graduates are mentioned below along with respective job description and average annual salary packages:

Job Profile Average Annual Salary
Project Manager INR 10,00,000 and above
Associate Research Manager INR 6,00,000-11,00,000
Management Consultant INR 10,00,000 and above
Assistant Professor (Management) INR 2,10,000-10,80,000
Future Scope

MS Management: Future Scope

On successful completion of MS in Management, most of the students opt for further higher studies in the related field apart from seeking jobs. Some of the most popular and demanding higher studies options for such graduates are mentioned in the following:

  • Ph.D: If the student wishes to continue further higher study in the same field of education, then he/she can opt for pursuing Ph.D. in Management Studies. It is a 3-years full-time doctorate level course that focuses on in-depth knowledge on human resource management and organizational behaviour and equip students to well-understand organization’s managerial behaviour.

Check out the top Ph.D. Management Studies colleges in India.

  • MBA: The students who wish to grow their career in management sector with higher managerial positions, can pursue MBA degree program in various specializations, like finance, HR, Marketing, Hospitality etc.

Check out the top MBA colleges in India.

  • Competitive Exams: The postgraduates can also opt for prospective Government jobs with increased salary packages by clearing various well-known competitive exams, like CSIR NET, UGC NET etc.
FAQs

MS in Management: FAQs

Ques. Is an MS in management worth it?

Ans. Yes, its huge flexibility is exactly what makes it worth it. No matter which field a student ventures into, the Master's in Management degree will provide the means to become a great leader and demonstrate strong communication skills in the workplace of the organisation.

Ques. Is an MBA or MS better?

Ans. Both MBA and MS degrees offer a path to a higher salary, better career scope and the opportunity to move geographies. Both of these programs are better depending upon the students’ interest and preferences.

Ques. Who earns more MS or MBA Degree?

Ans. The average income for an individual with an MBA program is much higher than a person with an MS Degree. Candidates can expect to earn a lot when you have an MBA degree.

Ques. Is it good to do a MBA course after MS?

Ans. Yes, You can also opt for an MBA after MS if you have pursued a technical specialisation in your MS and want to furnish your managerial skills. Either way, an MBA can truly upscale your career to newer heights and bring you better job opportunities in future.

Ques. What is the average salary of MS Graduate?

Ans. The average salary that a MS Management graduate is INR 4 LPA and it will gradually grow with time and experience.

Master of Science [M.S] (Management) : 23 answered questions

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Ques. What is the cost of doing FPM in ISB Hyderabad?

● Top Answer By Ritesh Agarwal on 26 Mar 21

Ans. It is to be cleared first that the FPM course is completely equivalent to a Ph.D degree. It takes approximately 4-5 years to complete, along with accurate learning and research work. The fact is that ISB generally pays Rs. 40000 as a stipend along with House Allowances to the candidates who are doing FPM on a full-time basis. Thereby you are not required to pay anything from their own pocket, but they can earn 40 thousand per month. However, the most important thing is that FPM requires accuracy to complete the study without spending money. So, you have to study with full accuracy, and earn support from this institute to carry on your personal and family expenses. You have to enroll as a full-time candidate and should not have any other source of income.  If you have any other second income, then it will not work. After completing this program, the student will get unlimited rewards, considering their knowledge and income.Read more
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Ques. What is your review of FPM (Fellow Programme in Management), IIM Ahmedabad?

● Top Answer By Rangan Banerjee on 07 Jul 23

Ans. FPM offered by IIM Ahmedabad is a 4-year long doctoral course in the various specializations of management. It offers specialization in Information Systems, Business Policy, Human Resource Management, Innovation and Management in Education, Strategy, etc.  Here are a few major points regarding the program that you should consider The program comprised 3 modules containing compulsory and elective courses. You can study 2 specializations. You cannot pursue this program alongside working somewhere as this is a full-time residential course. IIM Ahmedabad FPM annual fee is INR 2 to INR 13 lakhs. You will be glad o know that the tuition fee is completely waived and a monthly stipend is also provided. Although the duration is 4 years some might take 5 years to complete it. Also, you cannot opt for distance learning. The future aspects are both academic as well as in the corporate sector. FPM average package is in the range of INR 3 to 60 LPA FPM future prospects are spread across various sectors like Marketing Companies, Sales sector, Educational Institutes, Financial Organizations, Banks, Export Companies, etc. Overall, FPM is a great choice for those willing to pursue managerial roles or want to enter academia in the future.Read more
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Ques. Can you become a professor in IIMs or IITs after FPM from new IIMs, like Rohtak or Raipur?

● Top Answer By Biplab Roy on 21 Jan 23

Ans. Becoming a professor from the new IIMs is definitely possible but rare. The FPM program offered at the new IIMs has varied peers some being freshers while some with Masters from foreign universities. The following things matter when selecting an Assistant Professor in a new IIM Your experience  The quality of your papers The chances are rare because most of the new IIMs have professors who have done Ph.D. from older IIMs like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. Ph.D. is a program that totally depends on your performance and research. The initial years focus solely on research training and cannot be enough to make you eligible for faculty positions. So your chances are rare but not null.Read more
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Ques. How good is the placement scenario at iim kozhikode for fpm programme?

● Top Answer By Milind Padalkar on 14 Nov 22

Ans. The FPM or Fellow Program in Management at IIM Kozhikode does have its own placement program. This is because the batch size is very small.  But the FPM program in itself is such a meticulous one that all its students become scholars or researchers. The recent data confirms that most of its fellows have been placed in the top IIMs or other reputed Management Schools ranked high on NIRF. The only thing you need to be careful about is not delaying your thesis work and having good publications. If not you might face problems at the time of placements. The FPM degree has been renamed as the PhD and IIM Kozhikode provides excellent placements for the same.Read more
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Ques. How is the FPM program of IIM Rohtak?

● Top Answer By Saurav Mishra on 04 Nov 20

Ans. Indian Institute of Management Rohtak is among the top B-schools in the country. IIM Rohtak has been ranked 21st by NIRF 2020. The Institute offers various programs that include 2 PG programs, 2 Fellowship programs, and various executive training programs. IIM Rohtak offers a part-time, non-residential fellowship program in management. FPM is specifically designed for working professionals who want to pursue research in management. The grand total fees for completing FPM at IIM Rohtak is INR 6 lacs. Admissions: For admissions in FPM, the requirements include having a PG degree or equivalent in any discipline with at least 55% marks or equivalent CGPA. Alternatively, The applicant may also have a four-year bachelor's degree with at least 6.5 CGPA or equivalent. The candidates need to have a valid score in CAT/GMAT/GRE/GATE. The candidates need to appear for the Research Aptitude Test conducted by IIM Rohtak. Admission to FPM courses is based on academic qualifications, performance in management exams, personal interviews, and work experience. The application fee is INR. 1000/-. Scholarships: IIM Rohtak offers fellowship to the participants of FPM. For the first two years, students are given INR 30,000 and for the next two years an amount of INR 35,000 is provided. A contingency grant of INR 1,85,000 is given to all students distributed across all four years of the program. Students who have participated in the national level or international level of any sports can also apply for Sports Scholarships.   Placement: Indian Institute of Management Rohtak had achieved a 100% placement record for the batch of 2018-20. 86 recruitment companies visited the campus. The highest salary offered was 24 LPA and the average salary offered was 13 LPA. The IT industry had the most number of placement offers. IIM Rohtak had also witnessed 100% placement for summer internships. The major recruitment companies included Amazon, Bain capability network, Lenskart, Infosys, etc. The course is diverse and brings in plenty of opportunities. The above-mentioned facts will help the student to guide and take the decision about attending IIM Rohtak for an FPM.Read more
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Ques. How tough is it to get into FPM program in XLRI?

● Top Answer By Siddarth Ghose on 20 May 23

Ans. The difficulty of getting into the FPM program at XLRI varies from person to person depending on several factors. Some of these determining factors are the number of applicants, their qualifications, and the admissions criteria of the program. Here are the eligibility criteria of the FPM program that might give you an insight into the toughness of getting into FPM XLRI. A BE / B. Tech. degree or its equivalent with at least 60% marks (50% for SC/ST candidates) obtained after completing higher secondary education (10+2) or equivalent, and followed by at least 2 years of relevant work experience, A bachelor's degree/equivalent of minimum three years duration with at least 60% marks (50% for SC/ST candidates) after completing higher secondary education (10+2) or equivalent, and followed by post-graduation (MBA/Master's degree in any discipline) from a university or a center of higher learning in India / abroad with at least 55% marks (50% for SC/ST candidates), An integrated master's degree of four / five years in any discipline, with at least 55% marks (50% for SC/ST candidates), obtained after completing higher secondary education (10+2) or equivalent, A professional qualification like CA, ICWA, or CS with at least 55% marks (50% for SC/ST candidates) However, in general, the FPM program at XLRI is considered to be quite competitive, with a rigorous selection process that includes an application, an interview, and a written test. To increase your chances of being accepted into the program, it is important to have a strong academic record, relevant work experience, and a clear research proposal.Read more
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Ques. Is Amity University Noida good for part-time PhD in Management?

● Top Answer By Santosh Khandelwal on 20 Apr 22

Ans. Amity University Noida isn’t a good option for a part-time Ph.D. in Management. If you want to do a Ph.D. just for the sake of getting a degree, then you can go for it. But if you are genuinely interested in research then it will be better if you prepare for UGC NET.Read more
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Ques. I've got two options, TAPMI PGDM and IRMA PRM. What should I choose?

● Top Answer By Alka Singh on 09 Mar 23

Ans. When deciding on an MBA program, it's important to consider your interests and career goals. If you have an inclination towards rural management, then IRMA would be an excellent choice for you. On the other hand, if you're looking for a general MBA degree and specific profiles post-MBA, then TAPMI may be the better option. If rural management is your area of interest, then IRMA should be at the top of your list. IRMA has a strong reputation for its rural management program and provides excellent opportunities for students interested in the field. On the other hand, if you're looking for a broader MBA degree and want to explore different profiles, then TAPMI may be a better fit. When it comes to post-MBA profiles, TAPMI provides a variety of specializations to choose from, including finance, marketing, human resources, and operations. This means that you can choose a specialization that aligns with your interests and career goals. Additionally, TAPMI has a strong reputation in the industry and attracts many top recruiters, which can enhance your job opportunities post-MBA. Ultimately, the decision between IRMA and TAPMI will depend on your individual interests and career aspirations. Make sure to research each program thoroughly and weigh the pros and cons of each before making a final decision.Read more
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Ques. How is the FPM in Finance at IIM Indore, Lucknow, Kozhikode?

● Top Answer By Sumit on 03 Jan 23

Ans. The FPM or the Fellow Program in Management is a full-time, residential, fully financially supported doctoral program of the Indian Institute of Management Kozhikode. One of my friends joined IIM Kozhikode for research under financial accounting and control. According to her, the first year is full of rigor and a rigid curriculum. The FPM students share the curriculum with MBA students in the first year along with 3 FPM courses. The shared curriculum enables them to get in insight into various aspects of Management. Like the first year, the second to has 3 semesters of 3 months each. This year comprises core FOm courses that give a depth understanding of methodologies and various econometric tools. One major drawback my friend faced was the improper ratio between the number of courses and their period of study. The second year has 7 courses in each term which imply 12 days per subject which is insufficient. If we consider the 30 hours of classes per course, it means we attend classes for 210 hrs ( appr 8 days). So IIM Kozhikode no doubt offers top-notch facilities and resources but you will have to prepare yourself to physically and mentally tire yourself to avail of them. FPM is an excellent course for research aspirants and not for casual learners. Read more
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Ques. How tough is IIM B test for getting into fellowship program at IIM Bangalore?

● Top Answer By Siddant Mittal on 15 May 23

Ans. Unlike CAT, RAT (Research Aptitude Test) is not a unified exam. Evert IIM conducts its own admission process for FPM and thus the pattern of RAT varies from IIM to IIM. One of the patterns is termed as minor RAT followed at IIMB and at a few other IIMs. The RAT consists of different types of CAT questions including questions on verbal skills, logical reasoning, quantitative etc. However, the quantity of questions is less and the questions are distributed differently. Questions are designed to determine minimum eligibility requirements and are not meant for elimination thus the overall test is not too difficult . It's important to note that the RAT pattern for each of the IIMs changes every year. Though some preparation definitely needs to be made for these exams, I would not suggest giving more time to prepare for interviews than the written exam.Read more
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