MPhil in Management Studies 2024: Eligibility, Admission Process, Entrance Exam

1 Year
Full Time

MPhil or Master of Philosophy in Management Studies is a one to two years’ post-graduate research program in India through which an individual can accomplish the objectives in business administration, management principles, and organizational behavior. As a usual, the universities provide 2-year full-time program or 1-year full-time and 2-year part-time options. 

The program intends to build the advanced research and analysis management competence among students to enable them to be competent at solving complex issues. The course syllabus includes courses covering topics such as organizational behavior, business policy and strategy, marketing management, financial management, human resource management, and operations management, and research methodology.

MPhil Management Studies Highlights 2024

Aspect Details
Program Name Master of Philosophy (MPhil) in Management Studies
Duration Typically 1 to 2 years full-time, duration may vary
Eligibility Bachelor's degree in management or related field, with honors or equivalent
Research Focus Advanced research in management theory, strategy, and practices
Thesis Requirement Mandatory thesis or research project demonstrating original contributions to the field
Core Subjects Research Methodology, Strategic Management, Organizational Behavior
Elective Courses Specializations vary, may include Marketing, Finance, HR Management

MPhil Management Studies Admission 2024

1. Research organizations and colleges 

- Be sure to research various universities and their majors to narrow down the options to those that connect with your interests as well as your career goals. Go through academic, location, and also expenses factors.

2. Take entrance exams

- Many programs demand test scores on an admission entrance exam, either GMAT or GRE. Standardize Test: Sign up and register for the test.

3. Check eligibility criteria

- At each university and program the competition is fierce and the academic criteria, as well as test scores, work experience, are considered. Make sure you are qualified.

4. Prepare application materials  

- Along with writing a personal statement, cover letter of recommendation and academic transcripts, CV/resume will be needed.

5. Submit application

- Put the filled out application and all necessary documents together and send them in on time before the deadline for program application's. 

6. Arrange for interviews

- If you are selected, you might be asked to attend an interview with the selection board committee from the university. Prepare thoroughly.

7. Accept offer 

- In case you are a graduate student of the university, you will receive an admission offer letter through formal channels. See to it that the approval is completed on schedule. Another key input is my grasp on time management, a skill I've developed to ensure that I complete tasks on time. 

8. Apply for funding

- Make sure to apply for this scholarships/grants (if necessary) as well since you are already accepted. Investigate teaching and research assistantships as possible options.

9. Complete pre-enrollment formalities

- Complete any in-home medical tests, visa processing, acclimatization paperwork as needed for enrollment.

10. Register for classes

- Finally, the registration for courses of current semester will follow; and you are going to get started with your M Phil program.

M.Phil. (Management Studies) Eligibility

1. Bachelor's degree: You need to hold a bachelor's degree in any stream from any recognized college with a fraction of at least 50% marks or equivalent CGPA.

2. Entrance exam: As usual, some universities require a candidate to sit in CET, GMAT, or others to be qualified to enter the M.Phil program. 

3. Work experience: Most of the firms currently on the market target some years of professional experience coupled with the academic qualification. Generally take 2-3 years of experience in the prior stage.

4. Knowledge of subjects: You've got to be versatile as a manager and need to possess the knowledge of subjects like finance, marketing, HR, operations, and more, hence, they test you this through questions on these topics during the entrance exam.

5. Good communication: Moreover, as Management is an applied field, being able to communicate well and interact with others properly is an important criterion for admission. They are also assayed during the use of personal interviews.  

6. Statement of Purpose: An impressive statement of purpose that summarises your obtained academic achievements, goals and interests equally participates in the admission process of the university.

M.Phil. (Management Studies) Entrance Exams

CAT: Common Admission Test covers mathematical aptitude, interpreting the data, verbal comprehension and logic, which are among the skills that are formulated for admission to MPhil Management Studies programs in India.

GMAT: The Graduate Management Admission Test is a test that assesses your analytical writing, integrated reasoning, quantitative, and verbal competencies, and these skills are widely used for the admission to MPhil Management Studies programs at innumerable universities worldwide.

M.Phil. (Management Studies) Syllabus

Subject Syllabus
Research Methodology Introduction to research methodology, quantitative and qualitative research methods, data collection and analysis techniques, hypothesis testing, research ethics
Business Theory Advanced business theory, strategic management, marketing management, financial management, human resource management, organizational behavior
Advanced Quantitative and Qualitative Analysis Techniques Multivariate analysis, time series analysis, panel data analysis, qualitative data analysis software
Dissertation Independent research project on a topic related to management studies

Top 10 Private M.Phil. (Management Studies) Colleges in India with Fee Structure

Tabulated below is the collection of the Top 10 Private M.Phil. (Management Studies) Colleges in India with Fee Structure, including their key features.

Name of the institute Location Fees
RJ School of Management Studies Baleswar, Orissa INR 80,000
Jansons School of Business Coimbatore, Tamil Nadu INR 170,000
MATS School of Management Studies and Research Raipur, Chhattisgarh INR 155,000
DY Patil University's School of Management Navi Mumbai, Maharashtra INR 420,000
Glocal School of Business and Commerce Saharanpur, Uttar Pradesh INR 186,500
C. U. Shah University Wadhwan, Gujarat INR 139,800
Department of Management Science, Dr. Babasaheb Ambedkar Marathwada University Aurangabad, Maharashtra INR 75,231
Dr Harivansh Rai Bachchan Mahavidyalaya Unnao, Uttar Pradesh INR 350,200
Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu INR 140,000
Dr. SNS Rajalakshmi College of Arts and Science Coimbatore, Tamil Nadu INR 60,000

Top 10 Government M.Phil. (Management Studies) Colleges in India with Fee Structure

Tabulated below is the collection of the Top 10 Government M.Phil. (Management Studies) Colleges in India with Fee Structure, including their key features.

Name of the institute Location Fees
Fakir Mohan University Balasore, Orissa INR 59,742
AVVM Sri Pushpam College Thanjavur, Tamil Nadu INR 40,000
Bishop Heber College Tiruchirappalli, Tamil Nadu INR 171,000
D.K.M College for Women Vellore, Tamil Nadu --
Gangadhar Meher University Sambalpur, Orissa INR 45,000
Jamal Mohamed College Tiruchirappalli, Tamil Nadu INR 112,000
St Peter's Institute of Distance Education Chennai, Tamil Nadu INR 136,000
Maulana Azad National Urdu University Hyderabad, Telangana INR 14,300
Osmania University Hyderabad, Telangana INR 50,000
Mizoram University Aizawl, Mizoram INR 43,000

M.Phil. (Management Studies) Course Placements

Graduates of M.Phil. in MS programs are in high demand by universities, research institutions, and consulting firms. The average annual salary for an M.Phil. in MS graduate is around INR 6-8 LPA. However, experienced professionals can earn much more.

College Name City State Average CTC (INR LPA)
Delhi University Delhi Delhi 8-10 LPA
Jawaharlal Nehru University Delhi Delhi 9-11 LPA
Jamia Millia Islamia Delhi Delhi 8-10 LPA
Lucknow University Lucknow Uttar Pradesh 7-9 LPA
Panjab University Chandigarh Chandigarh 8-10 LPA
TISS Mumbai Mumbai Maharashtra 9-11 LPA
University of Mumbai Mumbai Maharashtra 8-10 LPA
University of Pune Pune Maharashtra 8-10 LPA
XLRI Jamshedpur Jamshedpur Jharkhand 10-12 LPA
Amity University Noida Uttar Pradesh 6-8 LPA

M.Phil. (Management Studies) Course Jobs and Salary

Specialization Average Salary (INR LPA)
Business Strategy 8-10 LPA
Marketing Management 7-9 LPA
Financial Management 6-8 LPA
Human Resource Management 7-9 LPA
Organizational Behavior 7-9 LPA
Operations Management 7-9 LPA
International Business 8-10 LPA
Entrepreneurship 8-10 LPA

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