Master of Management
Encyclopedia
The Master of Management (MM) is a post-graduate master’s degree awarded to students who normally complete a one to two year program of graduate level coursework in business management at an accredited academic institution. As the program is designed for students interested in entering leadership roles, the degree attracts applicants from diverse academic disciplines. The MM program structure and admissions are similar to that of the Master of Business Administration
and Master of Science in Management
degrees.
The MM program for young professionals with limited professional experience often resembles one of a distance-learning, part-time, accelerated, or two-year 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. Concentrations include: accounting, finance
, strategic management
, international business
, marketing management
, information systems
, operations management
, and human resources
.
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.
at UBC
has two MM programs; the MM-ECM for recent graduates from non-business backgrounds, and the MM-OR for students from quantitative backgrounds looking to work in operational research. Queen’s University - Queen's School of Business
offers a Master of Global Management to recent graduates with a background in business administration. McGill University
has an MM program that focuses on leadership in the Health Care industry and seeks applicants with upper-management experience. Another MM program offered at McGill University is the Master in Manufacturing Management, which attracts professionals who want to pursue a career in global operations and supply chain. It is offered through the Faculties of Management and Engineering.
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
and Master of Science in Management
Master of Science in Management
Master of Science in Management, abbreviated MSc or MSM, is a Master of Science academic degree that is common throughout the United States and Europe. It is similar to the MBA degree, and often requires a dissertation before a graduate is admitted to it. The MSc is a research-oriented program...
degrees.
Admissions
Business school Admission Committees normally evaluate applicants based on Bachelor degree GPA (and graduate GPA if applicable), GMAT score, detailed resume, letters of recommendation, essays, and a personal interview. Based on these indicators, the committee decides if the applicant can i) handle the academic rigor of the program and ii) demonstrate considerable leadership potential. The committee also considers how the applicant can improve diversity in the classroom as well as contribute positively to the study body as a whole.Program structure
The MM structure varies from program to program, but typically resembles one of the five major types of MBAs (distance-learning, part-time, accelerated, two-year, or executive).The MM program for young professionals with limited professional experience often resembles one of a distance-learning, part-time, accelerated, or two-year 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. Concentrations include: accounting, finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
, strategic management
Strategic management
Strategic management is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments...
, international business
International Business
International business is a term used to collectively describe all commercial transactions that take place between two or more regions, countries and nations beyond their political boundary...
, marketing management
Marketing management
Marketing management is a business discipline which is focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities...
, information systems
Information systems
Information Systems is an academic/professional discipline bridging the business field and the well-defined computer science field that is evolving toward a new scientific area of study...
, operations management
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...
, and human resources
Human resources
Human resources is a term used to describe the individuals who make up the workforce of an organization, although it is also applied in labor economics to, for example, business sectors or even whole nations...
.
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
Corporate crime
In criminology, corporate crime refers to crimes committed either by a corporation , or by individuals acting on behalf of a corporation or other business entity...
, and employee motivation.
Course Topics
Topics in the MM program often include:- Strategic ManagementStrategic managementStrategic management is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments...
- Ethical Decision Making
- EntrepreneurshipEntrepreneurshipEntrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
- Business Culture
- LeadershipLeadershipLeadership has been described as the “process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task". Other in-depth definitions of leadership have also emerged.-Theories:...
and MotivationMotivationMotivation is the driving force by which humans achieve their goals. Motivation is said to be intrinsic or extrinsic. The term is generally used for humans but it can also be used to describe the causes for animal behavior as well. This article refers to human motivation... - Corporate CommunicationsCorporate communicationsCorporate communication is the message issued by a corporate organization, body, or institute to its publics. "Publics" can be both internal Corporate communication is the message issued by a corporate organization, body, or institute to its publics. "Publics" can be both internal Corporate...
- Business Law
- Human Resource ManagementHuman resource managementHuman Resource Management is the management of an organization's employees. While human resource management is sometimes referred to as a "soft" management skill, effective practice within an organization requires a strategic focus to ensure that people resources can facilitate the achievement of...
- Workplace Security
- MarketingMarketingMarketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
- Public RelationsPublic relationsPublic relations is the actions of a corporation, store, government, individual, etc., in promoting goodwill between itself and the public, the community, employees, customers, etc....
- International BusinessInternational BusinessInternational business is a term used to collectively describe all commercial transactions that take place between two or more regions, countries and nations beyond their political boundary...
- Operational research
- Accounting
- EconomicsEconomicsEconomics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
- StatisticsStatisticsStatistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....
- OperationsBusiness operationsBusiness operations are those ongoing recurring activities involved in the running of a business for the purpose of producing value for the stakeholders...
and LogisticsLogisticsLogistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and... - Information TechnologyInformation technologyInformation technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
- Corporate FinanceCorporate financeCorporate finance is the area of finance dealing with monetary decisions that business enterprises make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize shareholder value while managing the firm's financial risks...
- Investments
- Financial Reporting
- Supply Chain ManagementSupply chain managementSupply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers...
- Marketing ResearchMarketing researchMarketing research is "the function that links the consumer, customer, and public to the marketer through information — information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve...
Europe
MM programs in Europe are general and/or specialized. The programs are typically targeted at Bachelor degree graduates from Business, Economics, Engineering, Science, Arts, and other backgrounds with limited professional experience. The programs are widely known as a pre-experience MBA programs, as both have similar approaches but different student demographic. By and large, both MM and MBA are practice-oriented and teach through case studies. Europe also offers specialized Management degrees which are similar to the MM and MBA but are research oriented. The MSc in Management is completed with a thesis and is normally specialized in one or multiple business disciplines.Canada
The Master of Management degree in Canada is offered at some of the top universities in the country. The Sauder School of BusinessSauder School of Business
The Sauder School of Business is a business school at the University of British Columbia located in the University Endowment Lands, just west of the city limits of Vancouver, Canada...
at UBC
University of British Columbia
The University of British Columbia is a public research university. UBC’s two main campuses are situated in Vancouver and in Kelowna in the Okanagan Valley...
has two MM programs; the MM-ECM for recent graduates from non-business backgrounds, and the MM-OR for students from quantitative backgrounds looking to work in operational research. Queen’s University - Queen's School of Business
Queen's School of Business
The Queen's School of Business is located in Queen's University, Kingston, Ontario, Canada. Since 2006, the Queen's School of Business MBA program has been ranked by Business Week number one internationally, outside the United States. The school of business became its own faculty in 1963 with its...
offers a Master of Global Management to recent graduates with a background in business administration. McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...
has an MM program that focuses on leadership in the Health Care industry and seeks applicants with upper-management experience. Another MM program offered at McGill University is the Master in Manufacturing Management, which attracts professionals who want to pursue a career in global operations and supply chain. It is offered through the Faculties of Management and Engineering.
North America
- Harvard UniversityHarvard UniversityHarvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
- McGill UniversityMcGill UniversityMohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...
- Massachusetts Institute of TechnologyMassachusetts Institute of TechnologyThe Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
(MIT) - The University of British Columbia
- The University of Virginia
- Queens University
- Duke UniversityDuke UniversityDuke University is a private research university located in Durham, North Carolina, United States. Founded by Methodists and Quakers in the present day town of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco industrialist James B...
- Wake Forest UniversityWake Forest UniversityWake Forest University is a private, coeducational university in the U.S. state of North Carolina, founded in 1834. The university received its name from its original location in Wake Forest, north of Raleigh, North Carolina, the state capital. The Reynolda Campus, the university's main campus, is...
- Cambridge CollegeCambridge CollegeCambridge College is a private, non-profit college based in Cambridge, Massachusetts, specializing in adult education.It offers distance learning and blended learning programs toward undergraduate and graduate degrees in education, counseling, psychology, management, health care management, and...
- Robert Morris UniversityRobert Morris UniversityRobert Morris University is a private, coeducational university in suburban Pittsburgh, Pennsylvania, United States. Founded in 1921, the school was named for Robert Morris, who signed the Declaration of Independence, and helped finance the ensuing war with the British.-History:Robert Morris...
- Fordham UniversityFordham UniversityFordham University is a private, nonprofit, coeducational research university in the United States, with three campuses in and around New York City. It was founded by the Roman Catholic Diocese of New York in 1841 as St...
Europe
- London Business SchoolLondon Business SchoolLondon Business School is an international business school and a constituent college of the federal University of London, located in central London, beside Regent's Park...
- London School of Economics and Political Science
- IE Business School
- Michael Smurfit Graduate School of BusinessMichael Smurfit Graduate School of BusinessThe UCD Michael Smurfit Graduate Business School is the business school of University College Dublin, located in Blackrock in Dublin, Republic of Ireland....
- HEC Paris
- EDHEC Business SchoolEDHEC Business SchoolEDHEC for Ecole De Hautes Etudes Commerciales du Nord is one of the main business schools and grandes écoles of France and Europe. It is a highly selective and top-ranking business school, among only 50 institutions worldwide EDHEC for Ecole De Hautes Etudes Commerciales du Nord is one of the...
- EMLYON Business SchoolÉcole de Management de LyonEMLYON Business School is a French business school. It was founded in Lyon in 1872 by the local business community, and is affiliated to the Lyon Chamber of Commerce and Industry. It has triple accreditation: EQUIS by the EFMD, AMBA, and the AACSB.-Campuses:EMLYON has three campuses...
- University of St. GallenUniversity of St. GallenThe University of St. Gallen is a public research university located in St. Gallen, Switzerland. It is specialized in the fields of business administration, economics, law, and international affairs. The University of St. Gallen is also known as HSG, which is an abbreviation of its former German...
- Louvain School of ManagementLouvain School of ManagementThe Louvain School of Management is a business school accredited by the European Quality Improvement System , which is part of the Université catholique de Louvain, in Belgium...
- Solvay Business School
- Vienna University of Economics and Business Administration
- Warsaw School of EconomicsWarsaw School of EconomicsWarsaw School of Economics is the oldest economic university in Poland.The Warsaw School of Economics was founded in 1906 as a private school under the name August Zieliński Private Trade Courses for Men. On 30 July 1919 it became a separate legal entity and was granted the status of an...
- University of SurreyUniversity of SurreyThe University of Surrey is a university located within the county town of Guildford, Surrey in the South East of England. It received its charter on 9 September 1966, and was previously situated near Battersea Park in south-west London. The institution was known as Battersea College of Technology...
- Manchester Business SchoolManchester Business SchoolManchester Business School is the largest department of the University of Manchester in Manchester, England. According to Bloomberg Business Week's ranking of the world's best business schools the MBS MBA is ranked third in the world...
- ESSECESSECESSEC is one of the foremost business schools and Grandes Écoles in France and one of Europe’s top business schools. It was created by Jesuits in 1907 and was originally located in the heart of Paris, next to the University of Paris II: Panthéon-Assas, rue d'Assas...
Business School - ISC Paris
- ESCP Europe
- Skema Business SchoolSkema Business SchoolSKEMA Business School is a school created by the merger of two French schools, CERAM Business School and Groupe ESC Lille in 2009. The school's name stands for School of Knowledge Economy and Management. The school offers bachelors, masters, MBA, doctoral and executive education programs in China,...
- BI Norwegian School of ManagementNorwegian School of ManagementBI Norwegian Business School former name BI Norwegian School of Management is the largest business school in Norway and the second largest in all of Europe. BI has in total 6 campuses with the main one located in Oslo.-History:...
. - Université Paris II
- AudenciaAudenciaAudencia Nantes School of Management is one of the foremost business schools in France, accredited by EQUIS , AACSB and AMBA...
- Vrije Universiteit BrusselVrije Universiteit BrusselThe Vrije Universiteit Brussel is a Flemish university located in Brussels, Belgium. It has two campuses referred to as Etterbeek and Jette.The university's name is sometimes abbreviated by "VUB" or translated to "Free University of Brussels"...
See also
- Master of Management: Co-operatives and Credit UnionsMaster of Management: Co-operatives and Credit UnionsThe Master of Management: Co-operatives and Credit Unions is a master's degree in co-operative and credit union administration. As the program is designed for students interested in entering business management, the degree attracts applicants from diverse academic disciplines...
- Master of Management in Operations ResearchMaster of Management in Operations ResearchMaster of Management in Operations Research is a graduate degree that combines studies and applications in Business Administration and Operations Research.-External links:* Home of the Master's degree program at the University of British Columbia...