The Master of Management Studies Program

The Master of Management Studies Program is offered on distance mode by the IFHE, Hyderabad.

The Program aims to impart knowledge and understanding of the different aspects of management. The program equips the students with the skills, knowledge and strategic perspectives essential to the leadership of business around the world.

Eligibility
Graduates (any discipline).

Duration
Two years.

Medium of instruction
English.

Validity of enrollment
The students are required to complete the program within a period of four years from the date of enrollment.

The program is based on self-study and examinations.

Self-study
The University provides prescribed books specially designed for the programs and meant for self study. Counselling classes will also be organised.

Optional Subjects
The program offers flexibility to students to choose subjects of their choice. A student can opt any 6 subjects of choice from the pool of 4 functional streams. The four streams offered are: Finance, Marketing, Human Resource Management and Operation & Systems.

Program Structure
The program includes 22 subjects mentioned as under
Module I
Module II
  • Management and Organization Behavior

  • Quantitative Methods

  • Foundations of Accounting and Finance

  • Economics for Business

  • IT for Managers

  • Business Environment

  • Operations Management

  • Human Resource Management

  • Marketing Management

  • Business Communication

Module III
Module IV
  • Strategic Management

  • International Business

  • Optional Subject 1

  • Optional Subject 2

  • Optional Subject 3

  • Optional Subject 4

  • Management Control Systems

  • Business Ethics and Corporate

  • Governance

  • Entrepreneurship Development

  • Optional Subject 5

  • Optional Subject 6

  • Project *

* Project: The candidates have to work on a live project in a contemporary area. They will be required to visit a company and prepare a report by articulating a problem, collecting data, analyzing and submitting the same duly signed by the concerned company official. The length of the project report should be about 30 pages.

Finance: International Finance, Investment Management, Wealth Management, Investment Banking, Financial Services, Financial Risk Management.

Marketing: Retail Management, Services Marketing, Strategic Marketing Management, Integrated Marketing Communications, Sales and Distribution Management, International Marketing.

HRM: Performance Management and Reward Systems, Recruitment, Training and Development, Strategic Human Resource Management, Organization Development, Global Human Resource Management, Leadership and Change Management.

Operations and Systems: Services Operations Management, Supply Chain Management, Operations Strategy, Business Intelligence, Enterprise Resource Planning, E-Business.

Subject-wise Waivers
Students with prior qualifications are eligible to get waivers from certain subjects of the Master of Management Studies Program as indicated below:

Subjects
Eligibility for Waiver
 Economics for Business  MA (Economics)
 Foundations of Accounting & Finance  CA, CWA
 IT for Managers  MCA, B.Tech

What the qualifications refer to:

  1. CA means a person, who has passed the final examinations conducted by the Institute of Chartered Accountants of India.

  2. CWA means a person, who has passed the final examinations conducted by the Institute of Cost and Works Accountants of India.

  3. MA (Economics) from any University.

  4. MCA from any University.

  5. B.Tech from any University.

Certification
Master of Management Studies (MMS) Degree will be issued by the IFHE, Hyderabad to the successful students.

Fee Structure

Module-wise Fee Payment

Particulars
Amount in Rs.
 Admission Fee
 10,000
 Program Fee - Module I only*
 18,000
 Total
 28,000
 Lumpsum Payment
 28,000
 EMI Facility
 Initial Payment (by Demand Draft / Credit Card)
 10,000
 Balance amount to be paid through Equated Monthly  Instalments [EMIs]
 3,200
 Number of EMIs
 6


Full Fee Payment

Particulars
Amount in Rs.
 Admission Fee
 10,000
 Program Fee - All Modules
 60,000
 Total
 70,000
 Lumpsum Payment
 70,000
 EMI Facility
 Initial Payment (by Demand Draft / Credit Card)
 10,000
 Balance amount to be paid through Equated Monthly  Instalments [EMIs]
 4,640
 Number of EMIs
 15