Master of Business Management Course, MBM 2 Year Program

The MBM program, short for Master of Business Management, is a two-year, semester-based graduate program in the realm of management. It has been a developing degree in Nepal and is gaining recognition among many undergraduate business students who intend to pursue advanced studies.

Overview

The MBM course is in high demand and constantly evolving as a graduate degree in the competitive and challenging field of business and management. It covers a wide range of topics in the business sector and introduces new management approaches. This degree specializes in various fields such as:-

• Finance and Accounting
• Marketing Entrepreneurship
• Human Resource Management
• Operations and Strategy
• International Business
• Supply Chain
• Healthcare
• And, Nonprofit Organizations

Master of Business Management program is designed to provide students with a comprehensive understanding of the core principles of business and management.

It aims to equip students with a well-rounded skill set and knowledge base that can be applied across various facets of the business world. Here are some key aspects of an MBM course's approach:

• Core Business Fundamentals
• Leadership and Management Skills
• Problem-Solving
• Communication Skills
• Ethical and Social Responsibility
• Innovation and Technology
• Networking
• Practical Experience
• Strategic Thinking

The MBM course curriculum involves a thorough exploration of both the theoretical and practical aspects of business management. It includes challenging subjects with practical assessments, and students must pass rigorous exams to successfully earn this degree.

In 2014, Tribhuvan University's Faculty of Management (FOM) introduced the MBM course for the first time.

This innovative program represents a self-sustained, advanced, and integrated approach, combining elements from both the Master of Business Administration (MBA) and Master of Business Studies (MBS).

It's a pioneering initiative in Nepal, offering a curriculum that not only encompasses global perspectives but also caters to the unique Nepalese context.

Currently, this course is offered by two universities in Nepal, which are:

• Tribhuvan
• Far-West

The design of the MBM course is strategic and aimed at empowering students to excel in the domains of business management and related fields.

The MBM degree, short for Master of Business Management, is designed to prepare capable individuals for new opportunities, regardless of their previous academic backgrounds.

It fosters a broad understanding of various business areas, emphasizing analytical and technical skills vital in today's rapidly evolving business landscape.

This course’s curriculum is geared towards developing specialized knowledge relevant to today's dynamic business world, alongside enhancing communication and fostering a global perspective through modern technologies.

Unlike traditional business degrees, MBM covers multiple subjects simultaneously, including banking, marketing, entrepreneurship, government, information technology, and more.

MBM course equips students with a diverse skill set, enabling them to excel in the ever-changing business realm and providing insights not just into specific subjects. But, the curriculum also focuses on effective communication, global awareness, and modern technologies.

General Information about MBM Course

The Master of Business Management, often called the MBM course, follows a two-year, semester-based structure. You can find a detailed overview of the program in the table below.

The chart below illustrates a comparative analysis of the MBM course, considering the number of colleges across various universities.

Objective of MBM

The primary objectives of the Master of Business Management, MBM course are as follows:-

• Assist students in developing essential business skills to foster the growth of highly skilled professionals in the field of business management.
• Produce effective executives with the ability to explore and elevate new business ventures and support the growth of emerging businesses for the betterment of the country.
• Provide students with a comprehensive and practical understanding, deep knowledge of management issues, essential skills, and innovative ideas.
• Assist students in cultivating the leadership and management skills needed to lead teams and organizations effectively.
• Place emphasis on both written and verbal communication skills, fostering the capacity to interact effectively within diverse and global business settings.

The curriculum and focus on these goals can differ between MBM courses. Aspiring students should thoroughly assess the course offerings, faculty strengths, and program specifics of the institutions they're considering to ensure the program aligns with their career aspirations and preferences.

Eligibility for MBM

Candidates must have successfully completed the undergraduate level education with a minimum CGPA of 2.0 in any stream from a recognized academic institution for admission in the MBM course.

Entrance Exam Requirement

Applicants must clear the entrance examination conducted by the respective universities in order to get admission to the Master of Business Management course.

Scope of MBM

Earning a Master of Business Management (MBM) degree can unlock numerous career avenues within the hospitality and tourism industry. Job prospects for MBM graduates are diverse and extend across various sectors within the field.

Below are some typical career paths for graduates of MBM courses:-

• General Management
• Marketing
• Finance and Accounting
• Human Resources
• Consulting
• Entrepreneurship
• Sales and Business Development
• International Business
• Retail and Supply
• Education and Administration

Master of Business Management graduates can hold various job positions, including

• Accountant
• Financial Consultant
• Business and Marketing Manager
• Human Resource Officer
• Operations and Project Manager
• Sales Officer

These are merely a few illustrations of the numerous jobs positions that Master of Business Management graduates can pursue. The exact career opportunities can differ based on an individual's specialization, experience, and industry inclinations.

Fee Structure of MBM

The costs linked to enrolling in a Master of Business Management, MBM course in Nepal can vary considerably among different educational institutions. In general, government-affiliated constituent colleges often provide more budget-friendly choices compared to privately affiliated colleges.

The table below displays the range of expenses associated with this highly sought-after program.

Scholarship

Students aspiring to earn a Master of Business Management, MBM course can explore a range of scholarship opportunities offered by different colleges and universities. These scholarships are typically awarded based on academic excellence and accomplishments.