Master of Business Management in Nepal is a 2-year theoretical course. It encompasses foundations of human resource management, managerial accounting, organizational behaviour, Global economy, Supply chain management etc.
It covers the course of banking, entrepreneurship and financial management. This course was introduced by TU in Nepal.
Admission Requirements for Master of Business Management in Nepal
To be eligible for admission to MBM Program in Nepal, students must meet the following minimum requirements:
- Pass atleast 3 years of Undergraduate degree (bachelors degree) in any discipline with a minimum of 45% in Bachelors level.
- Students should have completed a minimum of 15 years of education.
Furthermore, the student also needs to appear on the admission test and successfully pass the 4 admission tests to get enrolled in the Master of Business Management program in Nepal.
- Written Test
This test comprises of Verbal section and Quant Section (just like the GRE/ GMAT tests). The written test is 3.5 hours long.
- Group Discussion
Group discussion scrutinizes the leadership, logical and analytical skills of the applicants.
- Individual Presentation
In this step, applicants give their position and views on the assigned topic in front of the judging panel.
- Personal Interview
In this final test step, MBM applicants need to go through a personal interview that examines their inspirations, goals, aptitude, attitude and communication skills.
MBM Application Process
Students need to fill the application form by logging in their personal information and academic records. You can get this form manually from the CDM reception (make sure to go within office hours) or you download it from https://www.fomecd.edu.np/ .
The application fee is NPR 1,500 which you need to submit to Nepal Limited Bank (account no. 04500100099012000001) in the account of CDM
After correctly filling the form, you need to submit the form to the CDM (along with all the academic records, transcripts and certificates from before, citizenship and the voucher of the paid application fees) within the specified deadline.
MBM Course subjects
MBM program in Nepal has 4 semesters with core Master of Business Management courses subjects as below:
Master of Business Management first year
|MBM 1st semester||MBM 2nd Semester|
|Emerging Concepts in Management||Global Economy and International Business|
|Statistics and Computer-assisted Data Analysis||Financial Management|
|Managerial Accounting and Control||Marketing Management|
|Managerial Economics||Human Resource Management|
|Organizational Behavior||Operations and Supply Chain Management|
Master of Business Management second year
|MBM 3rd Semester||MBM Fourth Semester|
|Business Research Methodology||Business Environment and Corporate Governance|
|Sectoral Management Elective||Strategic Management and Leadership|
|Concentration I||Sectoral Management Elective II|
|Concentration II||Research Project|
Note that, all of the MBM subjects have equal credit hours -each has 3 credit hours- except for the Research Project subject of the fourth semester which has 6 credit hours.
Not as many colleges offer MBM courses in Nepal as they offer Master of Business Administration (MBM). Here are some of the colleges offering MBM in Nepal.
- Nepal Commerce Campus (NCC)
- Public Youth Campus
- Saraswati Multiple Campus
- Shanker Dev Campus
- British College
MBM Fee structure in Nepal
The tuition fees of MBM in Nepal is NPR 2,50,000 for regular students. These fees include aL the semester fees, lab costs etc.
The MBM program of TU has 4 scholarships seats in the total seats of 44. Additionally, the semester topper also receives the 100 per cent tuition fee waiver.
For the foreign-affiliated MBM College like British College, the tuition fees is around NPR 5 Lakhs for 2 years.
Source: British College official website
Scope of Master of Business Management in Nepal
The scope of Master of Business Management in Nepal extends to companies and organizations of any nature be it- IT companies, schools and colleges, Banks, Financial firms, Consultancies, Media companies, manufacturing, tourism sectors etc.
A person with a Master of Business Management degree can earn from NPR 3 Lakhs to 10 8 10 Lakhs per annum.
Some job positions that Master of Business Management aspirants are in are:
- Bank Manager
- Finance Manager
- Finance teacher
- Human Resource Manager
- Associate Manager