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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.
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:-
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:
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:
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.
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.
The primary objectives of the Master of Business Management, MBM course are as follows:-
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.
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.
Applicants must clear the entrance examination conducted by the respective universities in order to get admission to the Master of Business Management course.
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:-
Master of Business Management graduates can hold various job positions, including
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.
The table below displays the range of expenses associated with this highly sought-after program.
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.