science

Master of Management

Master of Management is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Master of Management rather than just read about it. In short: The Master of Management, or Master in Management (MM, MiM, or MMgt), is a master's degree comprising one or two years graduate level coursework in business management. In terms of content, it is similar to the Master of Business Administration (MBA) degree as it contains identical management courses but is open to prospective postgraduate candidates with no job experience unlike MBA programs which have longer cours…

Key takeaways

Master of Management belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect Master of Management to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of Master of Management from memory before moving on to harder problems.

Reference excerpt

The Master of Management, or Master in Management (MM, MiM, or MMgt), is a master's degree comprising one or two years graduate level coursework in business management. In terms of content, it is similar to the Master of Business Administration (MBA) degree as it contains identical management courses but is open to prospective postgraduate candidates with no job experience unlike MBA programs which have longer course credit requirements and only accept mid-career professionals. In many cases it is synonymous with the Master of Science in Management (MSM or MiM) and is also related to the Master of Science in Commerce (MS-Comm or MS-Com). As the program is designed for students interested in entering leadership roles, the degree attracts applicants from diverse academic disciplines. A global survey of business schools offering MIM programs shows a robust growth in applications in times of global recession triggered by COVID-19. This growth in applications shows the demand for pre-experience programs among domestic and international candidates preparing for management careers.

Program structure The mode of delivery of the program can be full-time, part-time, distance-learning, accelerated, or executive. The MM program for younger professionals with limited professional experience often resembles an MBA program. It typically prepares students to handle management issues in all areas of business, with the option to concentrate or specialize in one area. Most programs begin with a set of required courses and then offer more specialized courses two thirds of the way through the program. Topics in the MM program often accounting, finance, business administration, international business, marketing management, supply chain management, human resources, nonprofit management, and entrepreneurship. The MM program for senior professionals with managerial experience (typically 10+ years) often resembles an Executive MBA (EMBA) program. It typically prepares students to handle the tasks associated with interdisciplinary business-related subjects such as ethical decision making, business law, global business values, workplace security, corporate crime, and employee motivation.

Admissions Business school admission committees normally evaluate applicants based on GPA score (and graduate GPA if applicable), résumés, letters of recommendation, essays, and personal interviews. Based on these indicators, a committee decides if the applicant is suitable for the academic profile of the program, can demonstrate considerable leadership potential, and contribute positively to the student body of the school as a whole.

See also Doctor of Management Master of Business Administration Master of Science in Management Bachelor of Management Studies

References

Worked examples

Example 1 — a first encounter with Master of Management

Start with the simplest possible case. Write down what Master of Management claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Master of Management before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Master of Management ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Master of Management

In research: Master of Management appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses Master of Management in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: Master of Management is common in secondary-school and first-year university syllabi. It links to neighbouring topics Business qualifications, Management education, Master's degrees, so understanding it makes those chapters shorter.
In everyday life: Look for Master of Management outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study Master of Management in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what Master of Management means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain Master of Management out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Master of Management in simple terms?

Why does Master of Management matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Master of Management?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Master of Management.