Master of Business Studies(MBS) is a two-year program that provides theoretical knowledge & skills to achieve a successful business or to achieve any managerial task. The course is divided into 4 semesters in which the students have to study a total worth 1000 marks: 700 marks for analytical &core, 200 marks for specialized courses, and 100 marks for a thesis or two seminar papers. The program falls under the faculty of management, at Tribhuvan University.

The programs aim at developing high-level skills in students to be able to deal with higher level management tasks whether it’s private or public sector. The course gives broad knowledge of management and business. 

Is the MBS Course Ideal for You?

After 4 years of bachelor's pursuing or deciding a course for further studies at the university level is a tough decision to make. As long as you’re interested in tackling the business world, dealing with finance & economics, accounting & management, we think it's a good call to join the MBS course. 

If you’ve completed your 4 years bachelor's degree in faculty of management, taking an MBS course seems more likely. Even if you are not a commerce student, you can still pursue the program even from a science, humanities, or bachelorette degree in any discipline from TU or equivalent scholars.

Scope of MBS in Nepal

The MBS course aims at developing critical thinking and analytical skills in problem-solving among the students. These skills and knowledge are very essential for promoting teamwork & collaboration, stimulating entrepreneurship & innovation, encouraging leadership skills, and searching for global opportunities. The course focuses on nurturing a comprehensive skill set to analyze the issues that occurred and to make the required decision. 

The students are prepared to seize the international opportunities and drive in the present competitive global marketplace. The MBS program graduates can explore their careers by giving lok sewa and joining government banks, financial institutions, marketing and personal officers, public or private accountants, financial analysts, etc.

Careers Opportunities for MBS Graduates 

MBS is one of the popular master courses along with MBA in Nepal, there are more than 700-1000 graduates generated in the country. So the numbers give very tight competition in securing the job. The certificate of your degree alone can only promise you to land a job if you have 2-3 years of working experience. You can apply for entry-level job positions in private companies or corporate houses and also in the government sector through the Public Service Commission at the officer level.

After collecting the experiences, you can apply for marketing specialists, brand managers, cost accountants, internal auditors, etc. Various vacancies are posted in newspapers, online job websites, and apps. You can apply to any of the firms that you are interested in working with. 

Here are some professions an MBA graduate can apply for:

Marketing manager: working with advertising agencies and promotional activities, estimating and budgeting campaigns, and preparing sales contracts.

Brand manager: develop a brand strategy for the company, online and offline promotions, product development

Financial analyst: forecast and contributes to the budget-setting process, keeping records of cashflows and business result

Internal auditors: manage and plan investigative audits, identifying risk, audit programs 

Bank managers: help business growth, develop the trust of customers, plan, team leadership 

Chief Financial Officer: handles financial actions of an organization, planning strategies and operations,

HR manager: responsible for managing the human resources within an organization

Cost of MBS in Nepal 

The cost of studying a Master of Business Studies (MBS) program may differ with the nature of the institution and whether it is a public or privately owned university. In general, the universities like Tribhuvan University (TU), charge fees between NPR 50,000 – NPR 150,000 per year for the MBS. 

For private colleges, however, students would be required to pay a higher tuition fee which ranges from NPR 200,000 to as much as NPR 500,000 or higher for the entire course duration. To know about the actual cost structure it is advised to visit the concerned institute’s website.

Eligibility  

Anyone who has passed a bachelor program or equivalent from any board, institution or university recognized by Tribhuvan University (TU) is eligible to study MBS. Candidates should further secure at least 40 marks in the Central Management Admission Test (CMAT) by TU.

Admission process 

To join the MBS program, you are required to fill in an application form provided by a college of your choice. The form requires personal details and academic background. Both online and offline means are possible for signing up. The CMAT application form is available online at www.fomecd.edu.np with fees paid through Rs. 1,000. You can contact the campuses/colleges of your choice or visit the FoM website for more information on this topic.

Scholarship

There are many ongoing initiatives to help out MBS (master of business studies) students in Nepal. Many scholarship opportunities are available to aspiring candidates pursuing a career in the management background from Tribhuvan University (TU). These can include merit-based scholarships, which are offered by institutions to students as well as need-based scholarships. In addition, many organizations provide very specialized scholarships focused on MBS applicants.

Objective

The objectives of studying MBS (Master of Business Studies) typically include: 

Learning Outcome: to analyze, think critically, and become problem-solvers essential for making effective decisions in business situations.

Developing leadership skills: ensure that graduates are prepared for leadership roles by developing high-level skills in the areas of management, communication, and team/project facilitation.

Industry Exposure: to give an opportunity to innovate and acquire real-world business problems through internships and practical experiences.

Ethical and Social Responsibility: to foster ethical business practices and social responsibility among future generations of leaders.

Research and Innovation: to expedite research & innovation-orientated business practices and contribute to the advancement of knowledge in the domain of business studies.

FAQs

What is the total fee of MBS?

The cost of studying MBS typically ranges from NPR 50,000 to NPR 150,000 in public institutions and NPR 200,000 to NPR 500,000 in private institutions. 

What is the duration of MBS?

MBS is a two-year, 60 credit hours long course. It spans over four semesters. 

What is the average salary of an MBS graduate? 

The salary of MBS graduates not only depends on the course itself but also on experience and skills. Typically, the starting salary ranges from Rs.20,000 to Rs. 30,000. With sufficient experience and skills, individuals in this field have the potential to earn up to Rs. 700,000 per annum.

What jobs can you get after studying MBS? 

MBS opens doors for many career opportunities. One can apply for jobs such as sales manager, marketing manager, entrepreneur, accountant, banker, etc. 

Which is better? MBA or MBS?

It depends on the individual's field of interest and career aspiration. MBA is suitable for global careers in various sectors. MBS is ideal for specific industry roles.