Opting for a master’s degree is a typical path taken by those aspiring to study further after graduation. But selecting the right program for post-graduation should be a thoughtful choice as it must align with your field of interest. MBA is a preferred choice of Management graduates but there are plenty of postgraduate degree programs in Management that can provide you with an enhanced knowledge of various fields. One such postgraduate program is a Master of Management Studies.
A Master of Management Studies is a renowned master’s degree program which is often considered as the predecessor of the MBA. The course introduces Management graduates to the diverse realm of leadership and entrepreneurship in an advanced manner. A Master of Management Studies has variants such as MSc in International Business, MSc in Management, Master in Business and Economics, Master in International Management or MSc in General Management. This degree program allows you to tailor the subjects as per your interests to help you customize your curriculum.
Let’s discover more about the Master in Management Studies and what it entails as a Master’s degree program.
Why Pursue a Master in Management Studies?
Master of Management Studies is a relatively new program in comparison to the tried and tested concept of MBA. This degree may last between 10 months to 2 years depending upon the program and university. The program is gaining popularity around the world since its origin in the European Countries. Some of the relevant topics covered in this course include Organisational Behavior, Management Theory and other related topics.
A Master of Management Studies is designed to provide great learning environment and in-depth theoretical classes encompassing a detailed analysis of wide-ranging specializations in Management. However, many of the institutes are trying to get practical experiences included in the curriculum which makes this degree a versatile one. The program also significantly focuses on personal and leadership skills development and is structured to help you develop interpersonal skills, problem-solving abilities and grasp the application of managerial theories to real-life business situations.
Also Read: Bachelor of Management Studies
Master of Management Studies (MMS) Vs Master of Business Administration (MBA)
There are several differences between Master of Management Studies and MBA. The basic point of distinction lies in the fact that for Master of Management Studies, you do not need to have years of work experience as one of the admission criteria as compared to MBA admission requirements. An MBA is ideal for students wanting to move forward to the next stage of their career such as those aspiring for advanced exposure into their field of interest or to switch their career fields or to become more qualified for a management or leadership position, among others. Master of Management Studies is also ideal for freshers aiming to make a place for themselves in the corporate world. This course is best for those who want to gain advanced and relevant skills in their career field.
Top International Universities
There are numerous universities and colleges around the world that offer a Master of Management Studies. Some colleges also give you the choice of selecting your own subjects and learning the different managerial skills required for various job profiles. Here’s a list of the top universities offering this program across the globe:
- HEC Paris
- University of St. Gallen, Switzerland
- WHU Otto Beisheim School of Management, Germany
- ESSEC Business School, France and Singapore
- ESADE Business School, Spain
- Rotterdam School of Management, Erasmus University, Netherlands
- London Business School, UK
- IE Business School, Spain
- Kellogg School of Management, USA
- Duke University the Fuqua School of Business, USA
- UCD Michael Smurfit Graduate Business School, Ireland
- Ivey Business School, Canada
Hence, a Master of Management Studies will set you apart from those who typically choose an MBA to explore the assorted stream of Management. We hope that this blog answered your questions regarding the essential details of this program. Since this master’s degree course is offered in variants, Leverage Edu experts can guide you in selecting an ideal program that fits your passions towards a managerial field and can light your path to becoming a business leader.