Master Of Philosophy In Management
MPhil Management: What Is It About?
It is very important for a student to have complete information about the program which one wants to pursue. One must be very clear about the expectations which one tends to keep from the course he/she opt. Hence to ease the process, a brief idea about the MPhil in management program is mentioned below:
- The MPhil the Management program equips the researcher to aspire for higher disciplinary and methodology competence in research.
- The program provides the requisite knowledge, skills and abilities for planning, designing, engaging and interpreting research data for problem solving and consultancy for researchers, academicians, practitioners and corporate.
- The course also enhances the ability to think systematically, and apply quantitative methods and provide the scholars the knowledge, skills and insights in identifying and solving problems in the management area independently.
- Students undergoing MPhil in Management have to study both compulsory and optional papers from each area of specialization i.e., Marketing, Economics and Finance, HR, OB and others.For the course completion, students have to carry out case studies, presentations, research, and comprehensive and advanced research solutions.
MPhil in Management Studies Course Highlights
| Course Level | Post Graduate and Pre doctorate or Diploma |
| Full-Form | Master of Philosophy in Management |
| Duration | 1 year |
| Examination type | Semester |
| Eligibility | Second class in Master's degree in respective subjects and at least 55% score in post-graduation |
| Admission Process | Aptitude based entrance exam followed by Viva voice and personal interview. |
| Course Fee | Varies from INR 20,000 to INR 2,00,000 |
| Average Salary | INR 5,00,000 to INR 6,00,000 |
| Top Recruiting Companies | Private firms, Public sectors, corporate enterprises and academic corporations |
| Job Positions | Economist, consultant in management, financial analyst, human resource management, professors or researchers |
MPhil in Management Studies: Top Colleges
Some of the top MPhil Management Studies colleges are listed below along with their respective admission process and annual fees.
| College Name | Admission Process | Average Annual Fees |
|---|---|---|
| Karunya School of Management, Karunya University - [KSM] | Merit based and entrance based | INR 41,000 |
| RKDF University | Merit and Entrance based | INR 90,000 |
| Monad University | Merit and Entrance based | INR 24,500 |
| DY Patil University | Entrance based | — |
| Jamal Mohamed College | Entrance based | INR 17,200 |
| CMJ University | Entrance based | INR 1,45,000 |
| CU Shah University | Entrance based | INR 58,500 |
| MATS School of Management and Studies | Entrance based | INR 75,000 |
MPhil in Management Studies: Course Advantages
Through MPhil in Management Studies, students are given rigorous training to gain knowledge on every aspect of different sectors from a managerial perspective.
- Their skills will be improved to analyse symmetrically for finding any efficient solution to a problem in the respective sector.
- By the end of the course, students will be ready to take on any problem, finding the root of the trouble and speculating an effective measure.
- That's why almost every type of enterprise wants them in at their workplace.
- Apart from the regular subjects of MPhil course, this learning program also prioritises computer, communication, and pedagogical ability.
- These things prepare the students so that they will be able to act independently, guiding them to become independent researchers and economists.
MPhil in Management Studies: Course Comparison
| MPhil | PhD |
|---|---|
| MPhil (Masters of Philosophy) is a preliminary step before a research program. | PhD (Doctor of Philosophy) is the ultimate degree for any research aspirant. |
| Duration of MPhi course is 1 - 2 years. | Duration of PhD course ranges from 3 - 5 years. |
| Studied after post graduation and before doctorate courses. | Studied after post graduation courses. |
| MPhil | MSc |
|---|---|
| MPhil (Master of Philosophy) is mainly a research-oriented course. | MSc (Master of Science) is more of a theory-oriented program. |
| Duration of MPhi course is 1 - 2 years. | Duration of MSc course is 2 years. |
| Students have to focus on mastering one particular subject. | Students have to study diverse topics related to the subject. |
| Post graduation course and studied after the completion of graduation. | Post graduation course and studied after the completion of graduation. |
| MPhil | MBA |
|---|---|
| MPhil (Masters of Philosophy) is a preliminary level research-oriented course. | MBA (Masters of Business Administration) can be studied only after graduation or post-graduation. |
| Students need to perform rigorous research work on the respective subject. | Students have to focus only on the course work. |
| Duration of MPhi course is 1 - 2 years. | Duration of the MBA course is 2 years. |
| Students gain in-depth knowledge on their respective subjects and are even able to teach others. | Students gain enough knowledge to manage resources in corporate firms. |
MPhil in Management Studies Distance Education
- MPhil in management studies involves intense training to be knowledgeable to perform research work on respective subjects. So sometimes, it's not recommended to opt for a distant learning or part-time course for the Master of Philosophy program.
- If some unavoidable circumstances lead to undertaking a Master of Philosophy in Management Studies as a distant learning course, then here is the list of some colleges which offer distance learning for MPhil courses.
| College name | State | District |
|---|---|---|
| Acharya Nagarjuna University | Andhra Pradesh | Guntur |
| Convergence | Haryana | Gurgaon |
| Dr. B R Ambedkar Open University | Andhra Pradesh | Hyderabad |
| E F L University | Andhra Pradesh | Hyderabad |
| Himachal Pradesh University | Himachal Pradesh | Shimla |
| Karnataka State Open University | Karnataka | Mysore |
| Mother Teresa Women's University | Tamil Nadu | Dindigul |
| Netaji Subhas Open University | West Bengal | Kolkata |
| University of Madras | Tamil Nadu | Chennai |
Syllabus
MPhil in Management Studies Syllabus
| Semester I | Electives |
|---|---|
| Research Methodology | Financial markets and derivatives |
| Strategic Management | Advanced marketing management |
| Advances in Management | International human resource management |
| Semester II | Latest trends in OB and HRM |
| Dissertation | Management economics |
| - | Strategic development |
MPhil In Management Studies Admission Process
Students Are Required To Apply For Various Universities Offering The MPhil In Management Studies Course. Each College Has Separate Methods For Conducting The Exams And Selection Process. All The Entrance Exams Are Based On General Aptitude, Subjective Questions And The Students Who Score The Minimum Cut-off Will Have To Attend An Interview.
The Registration And Scheduling Of Entrance Exams Varies Depending Upon Each State Government Or University Which Conducts The Exam. So Students Are Advised To Visit The Official Website Of The Entrance Exams. Based On The Score Obtained In The Entrance Test, A Final Merit List Of Qualified Students Will Be Prepared.
What Is The MPhil Management Eligibility Criteria?
Students Who Wish To Pursue A MPhil In Management Course Must Meet Up With The Following Eligibility Criteria. The Minimum Marks Required In The Master’s Degree In A Related Field May Vary From College To College.
- The Minimum Qualification Needed For Admission To The MPhil In Management Programs Is A Second-class Masters Or Equivalent Degree In The Relevant Subject Awarded By A Recognized University In India Or Abroad, With At Least An Average Of 55% Of Aggregate Marks, Or A Grade Point Of 3.5 Under The Seven-point Scale Of The University Grants Commission (UGC).
- In The Case Of SC/ST/OBC Differently Able Candidates, The Minimum Eligibility Is An Average Of 45% Of Aggregate Marks, Or A Grade Point Average Of 2.50.
- Candidates, Who Are Likely To Complete All The Requirements Of Their Final Year Master’s Degree By July 1, Are Also Eligible To Apply For MPhil In Management Course. In Such Cases Admission Will Be Provisional.
- In Case Of Provisional Admission If A Provisionally Admitted Aspirant Successfully Completes The Admission Formalities Including Clearing The Entrance Test, But Fails To Score The Minimum Required Marks/grades At The End Of The Final Year Examination Of His/her Master’s Degree The Offer Of Provisional Admission Will Automatically Get Cancelled.
- In Case Of MPhil In Management Program, There Is No Requirement Of Work Experience. So, Candidates With One To Two Years Of Work Experience, Will Be Preferred.
Which MPhil Management Entrance Exams Are Held In India?
The Detailed Information About Each Exam In India Conducted For The Admission In MPhil In Management Which Includes General Information About The Exam, Important Dates, Syllabus, Preparation Tips And Much More.
- JNUEE- JNUEE (Jawaharlal Nehru University Entrance Exam) Is An Entrance Examination That Is Conducted Every Year By Jawaharlal Nehru University To Invite Applications For Various Programs. JNUEE 2022 exam Pattern Is Such That The Test Is Typically For Three Hours’ Duration. The Exam Will Be Conducted In Online Mode. In The Exam Candidates Are Asked MCQ Type Questions.
- VITMEE- Vellore Institute Of Technology Masters Entrance Examination 2022 will Not Be Conducted This Year. Through This Entrance Exam Candidate Can Secure Admissions In VIT University’s Vellore And Chennai Campus. Apart From VITMEE, Candidates Can Also Secure Admissions At VIT University’s MTech Courses Based On Their GATE Scores.
- CUCET- CUCET 2022 Application Form Last Date Has Been Extended To 13 August 2022. This Exam Is Conducted In Online Mode Only From 01 January To 15 August 2022. Chandigarh University Common Entrance Test Is A University-level Exam Held Annually To Provide The Aspiring Candidate's Admission Into The Undergraduate And Postgraduate Courses In Several Fields.
- LPUNEST- Lovely Professional University National Eligibility And Scholarship Test (LPUNEST) Is Conducted By Lovely Professional University (LPU) Every Year. It Is A University Level Examination That Is Held Once In A Year For Admission Of Candidates To Various Courses Available At The University. Some Of The Major Courses Offered By Lovely Professional University Include Engineering, Law, Agriculture, Design, Hotel Management And MBA.
How To Prepare?
The Most Important For A Student Is To Decide Factors Responsible For Succeeding In Any Entrance Exam Is To Be Well Aware Of The Latest Exam Pattern. To Prepare Properly For The MPhil Management Entrance Exam, The Candidates Should Keep In Mind The Following Points Mentioned Below While Preparing For The Entrance Exam:
- Before Starting Preparation, Do Some Research By Looking At The Complete Syllabus And Old Papers.
- While Preparing, Prepare Easy Chapters First, Many Times It Happens That People Are Stuck In Difficult Chapters And Those Take Too Much Time In Chapters.
- Current Entrance Examination Will Contain Subjects Like Quantitative Aptitude, Verbal Ability, Logical Reasoning, General Ability And Current Affairs.
- You Can Check The Previous Year Papers For MPhil Management Entrance And Accordingly You Will Get The Idea Of Questions Expected.
- You Can Also Give Practice Tests To Analyze Your Preparation.
Why this Particular Course?
- Students often like to go for a Masters in Philosophy instead of studying PhD. MPhil is a one year course in some universities.
- In many countries, MPhil includes rigorous research and curriculum in the respective fields. This acts as a prerequisite for a PhD course. For some subjects (humanities, for example), MPhil is considered the highest level in a Master's degree.
- If any student does not have the financial capability to Offord PhD but wants to pursue a research oriented program, then MPhil in Management Studies is the best option.
- Some students have a personal interest in research, and they can get trained by professionals for research by undertaking a Masters in Philosophy.
- Some universities encourage the students to take a Masters in Philosophy before going for a PhD. Based on their performance, those students will be promoted to pursue a doctorate.
- Students who are facing problems in their research like research is not going well, or requires more resources, then MPhil is the best one. This is because it trains students to develop their soft skills, problem solving ability, verbal and written communication ability, presentation skill, analytical and critical thinking ability.
- After the successful completion of the course, students will be hired by top enterprises to work in positions like researcher, professor, manager, analysts and many more honourable designations.