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Master of Management (MM)
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Credits:
30-363-4 terms (full-time)
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Degree:
Master of Management
Program Description
The master’s in management provides leadership and management training with an introduction to the best of current industry practices in private, public, and nonprofit organizations. The curriculum consists of a core of management foundation coursework combined with elective options that allow you to specialize in areas of interest. The program emphasizes the application of theory to management practice and includes a strategic management capstone.
Cambridge College Master of Management Program Highlights
The Master of Management at Cambridge College offers a flexible, affordable graduate degree option for adult learners:
- Experiential learning. A required management seminar series focuses on the development of people management skills and the integration of knowledge acquired throughout the program.
- Evening, weekend, and online classes. Convenient course options designed for working professionals help make it easier for you to balance work, family, and education.
- Affordable tuition. Cambridge College offers one of the lowest tuition rates in the country for a four-year private nonprofit college, and a variety of financial aid opportunities.
- Experienced faculty. Work closely with top faculty who bring diverse professional management experience to the coursework.
- Career-focused elective options. Focus your management degree with electives in information technology management, organizational leadership, or marketing management.
- No graduate school exams required. Cambridge College does not require a GMAT or other standardized graduate school tests for admission to the master’s in management program.
Cambridge College specializes in teaching adult learners with jobs and families – about 83% of our students are age 25 and older. With more than 300 students from 50+ countries, Cambridge College was also recently ranked as one of the most ethnically diverse colleges in the United States.
Master of Management Program Learning Outcomes
The master’s degree in management is designed to prepare you for high-demand management and leadership positions. Graduates of the program will:
- Have the skills to manage and lead others, and understand how to foster change and innovation in organizations.
- Develop strong communication, analytical, research, and decision-making skills.
- Understand the role of technology in organizations and how to manage information and financial resources.
Understand the importance of ethical and socially responsible decision-making, and how to effectively promote diversity in organizations.
Management Careers
The management training you receive in this program opens the door to diverse career options. You’ll develop strong interpersonal and problem-solving skills that you can apply to any number of jobs. You’ll understand how businesses operate and how to affect change. When you graduate, you’ll be ready to take on new opportunities and new challenges.
Graduates of the Cambridge College management program are leaders in organizations ranging from small businesses to large corporations, to nonprofits and government agencies. Job opportunities for management graduates include:
- Human resources manager
- Health care informatics manager
- Project manager
- Information technology manager
- Operations manager
- Management consultant
- Entrepreneur
How Much Do Managers Make?
According to PayScale.com, the average salary for someone with a Master of Management degree in the United States is $76K. Keep in mind that management salaries will vary depending on the industry and your level of professional experience.
Cambridge College has provided great insight about entrepreneurship and professional development for me. The education I have received has allowed me to discover who I am as an individual and leader. I have enjoyed learning about business development concepts and strategies that have allowed me to grow and lead my own nonprofit organization in the community.
Rosalind Smith
Master of Management
Example Master of Management Courses
The management master’s degree curriculum features a core of management foundation coursework combined with several elective options that give you the chance to specialize in your area of interest. Sample management courses include:
- Organizational Environment
- Research Methods for Managers
- Strategic Management Capstone
View the full Master of Management (MM) program curriculum.
Master of Management (MM) Scholarships and Financial Aid
Get help with tuition and other expenses. Cambridge College offers grants, scholarships, loans, and work-study programs to help with tuition and other costs. Learn more about applying for financial aid.
Many companies also offer tuition assistance programs that can help to pay for education. Find information about getting your company to help.
Related Programs at Cambridge College
Still exploring graduate degree options? You might be interested in learning more about these programs at Cambridge College:
Curriculum
General Prerequisites
0-9
Credits
1-2 additional courses required if assessments indicate need; credits do not count towards degree.
Business Communication
MMG 501E • 3 credit(s)
This course is focused on the communication, analysis and presentation skills necessary for success in the U.S. and global business environment. Using a variety of materials, including articles from newspapers, videos and podcasts of business topics, and cases, students will develop their reading, listening, critical thinking, and oral and written communication skills. Students will be exposed to issues facing managers in today's environment and gain a better understanding of the cultural assumptions and communication styles of the U.S. business workplace. They will learn the appropriate style of communication for different types of business situations--participating in meetings, interviewing, writing memos or reports and making oral presentations. They will learn to develop clear and persuasive arguments, both orally and in writing. Students may be required to take this course based on results of their initial writing assessments. It does not count as an elective in the Master of Management program.
Graduate Writing
MMG 505 • 3 credit(s)
This course concentrates on strategies and techniques for building an academic essay. Challenging readings are used to promote the kind of critical thinking and analysis that best support graduate work. Students move from initial ideas, to first drafts, to strategies for revising their papers to achieve a polished product. Through a sequence of three to four progressively longer essays, students come to understand their own writing styles, strengths and difficulties, and become competent evaluators of their own work. By giving attention to the writing process itself and its different phases, students gain awareness of how to achieve their best work. This course is a requirement for students in the MM 55 Program. It may not be taken as an elective.
Management Prerequisites
6
Credits
These courses must be completed before enrolling in the core courses. If these prerequisites were previously completed, degree credits are reduced from 36 to 30.
Quantitative Analysis for Managers
MMG 506 • 3 credit(s)
Students learn to think about and express business problems in quantitative terms. They examine the basics of number theory, arithmetic operations including ratios and proportion, percentages, graphing, and algebraic operations. Students get an introduction to probability theory and statistical analysis. Topics include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, simple and multiple regression and correlation. Students learn to apply quantitative tools to solve a variety of business problems and create and use quantitative models for real-world problems. Charts and graphs are created using spreadsheet software. This course is a prerequisite to MMG525 Statistical Decision Techniques for Managers.
Foundations of Management
MMG 511 • 3 credit(s)
This course provides an overview of the field of management and establishes a foundation and common vocabulary for future course work. It emphasizes the functions of planning, organizing, directing and controlling. The course assumes students have limited academic knowledge of management theory, and some experience in real world management situations to bring into the classroom. In each session the class explores some aspects of management in theoretical terms and then focuses on application of the theory to the practical problems facing managers.
Management Core Courses
12
Credits
Graduate Management Orientation Seminar
MMG 500
Provides incoming students with an orientation to the graduate management programs, including an overview of their philosophy and curriculum, and the benefits and rationale of the academic model. Introduces students to the resources of the College such as the learning management system, the online library and academic support services. Students meet with their academic advisor and develop their academic plans.
Organizational Environment
MMG 512 • 3 credit(s)
This course provides an overview of the external and internal environment of organizations. It helps students understand the resource, market, technological, economic, and socio-political context of the organization, and the impact of multiple stakeholders on its goals and decision-making processes. It examines organizational architecture and dynamics from the structural, human resource, political and symbolic perspectives. The course draws on theories and research on organizations, including topics such as motivation, leadership, and organizational change and development. The intent of the course is to provide students with the theoretical base to better understand organizational behavior, and to equip them with tools to analyze and improve upon their own managerial practice.
Accounting for Managers
MMG 514 • 3 credit(s)
This course provides a broad view of accounting, from the point of view of those who prepare and use financial information. It combines elements of financial and management accounting in order to provide a background for managers to understand how financial analysis can impact their decision making. Students will become familiar with the four major financial statements: the balance sheet, income statement, statement of retained earnings and the statement of cash flows. They will also be given an overview of the firm's operating, financing, and investing activities; and an introduction to product costing, operating budgets, and capital investment decisions. This course is a prerequisite to MMG 725 Financial Management.
Research Methods for Managers
MMG 517 • 3 credit(s)
This course helps students understand the role of research in the management decision making process and in the development of business plans and strategies. It helps students become familiar with the research process and with a variety of business research tools and techniques. Students learn how to define a problem and write good research questions, determine what tools and techniques are appropriate for different kinds of problems, find information sources and assess their reliability, and critically analyze information. They also learn how to present the results of research in appropriate output formats. This course helps students with their independent learning projects.
Statistical Decision Techniques for Managers
MMG 525 • 3 credit(s)
Prerequisite: MMG506 Quantitative Analysis for Managers or equivalent. This course provides students with the knowledge and appropriate use of descriptive and inferential statistical techniques used in management decision making and develops their ability to characterize management problems that can be solved by such techniques. Topics include descriptive statistics, probability distributions, sampling, estimation, hypothesis testing, simple and multiple regression and correlation, chi square testing, analysis of variance, and decision theory. spreadsheet and statistical computer programs are used in the class.
Electives
15
Credits
Choose 5 elective courses (15 credits) from the list below to meet career and academic goals.
Foundations of Business Analytics
MMG 625 • 3 credit(s)
Prerequisites: MMG 525 and working knowledge of MS Excel. This course offers an overview of the modern organizational landscape built around data and data analytics. Rooted in the notion of evidence-based management, the course aims to enhance students’ understanding of how successful, data-driven business organizations extract insights to enhance their competitive advantage. Three broad topical areas will be covered: 1. making sense of data, 2. estimation and statistical inference, and 3. learning with data.
Project Management Concepts and Practices
MMG 710 • 3 credit(s)
In this course, students will learn how to use the concepts, tools and techniques of project management in order to successfully manage system development projects. System development project failures are generally failures of management, not failures of technology. Good management, along with an understanding of the appropriate use of technology, is therefore essential. Students will learn, in particular, how to apply the concepts, tools and techniques of project management in today's dynamic, digital business environment, where projects must be brought to completion under increasingly compressed timeframes and where decisions must be made under conditions of uncertainty.
Operations Management
MMG 712 • 3 credit(s)
Operations refers to the process by which an organization converts inputs (facilities, equipment, labor, etc.) into outputs (services and goods). This process involves management functions such as planning, the acquisition and utilization of resources, control, evaluation, and appropriate change. This course also develops an appreciation of the distinctions and relationships between the operations function and other functions of the organization including finance and marketing.
Total Quality and Operations Management
MMG 713 • 3 credit(s)
Operations Management is the process by which an organization converts inputs (facilities, equipment, labor, etc.) into outputs (services and goods). This conversion process involves management functions including planning, acquisition and utilization of resources, control and evaluation. Total Quality Management (TQM) is a way for businesses and organizations to improve the quality of business processes and performance. This course develops an appreciation of the TQM concept as well as the distinctions and relationships between the operations function and other functions of the organization.
Management of Information Technology
MMG 715 • 3 credit(s)
Prerequisite: MMG 522. This course provides an understanding of how information technology may be efficiently and effectively used in the business environment. Students get an overview of hardware, software, file/database concepts, systems analysis and design methodologies. The complex integration of hardware, software, data, procedures and personnel that is required for managing information systems is addressed. The impact of constantly changing information technology upon the organization and the management of the firm is discussed.
Financial Management
MMG 725 • 3 credit(s)
Prerequisite: MMG 514. The major goal of the financial manager is to maximize the value of the firm. Accordingly, this course focuses on analysis and interpretation of financial data from the income statement, balance sheet, and the statement of cash flows for decision making. Powerful planning and control tools such as pro forma budgeting and break-even analysis are introduced, as well as the concepts of operational and financial leverage. Students learn how to estimate the amount of cash an organization will need in its operations. One key focus of the course is on capital budgeting, based on the concepts of the time value of money. This includes calculations of future value (FV), present value (PV), net present value (NPV), internal rate of return (IRR), and payback period.
Marketing Management
MMG 733 • 3 credit(s)
Prerequisite: MMG 511 recommended. This course provides a basic overview of the marketing management process, oriented primarily to the non-marketing specialist. It examines the role of marketing in a variety of organizations - product/service, public/private. It introduces students to the analysis of an organization’s market environment, and the development of marketing programs designed to achieve organizational goals. Topics covered include the analysis of markets, buyers and competition; the identification and selection of target markets; the design of product, pricing, distribution and communication programs appropriate to selected markets; and the planning, implementation and control of the marketing effort. The course emphasizes the practical utility of marketing tools and concepts through the use of case studies and application to the students’ own work environment. The course also attempts to create a heightened awareness of the global interrelationships affecting marketing, and the societal implications of marketing decisions.
Digital Marketing
MMG 736 • 3 credit(s)
Prerequisite: MMG733. For a business to succeed in today’s digital world, it is important to have a strong digital footprint. The course will assist the students to identify and understand the elements of digital marketing and how to create, implement and evaluate a digital marketing strategy. Students acquire the knowledge to build and actively manage digital marketing campaigns across social media, website and mobile platforms and track results of digital advertising through analytic tools.
Organization Development and Change Management
MMG 755 • 3 credit(s)
Prerequisitie: MMG512. The theory and practice of organization development are introduced. Skills are developed in identifying how organizational systems operate together, including organization culture, leadership, structure, human resources, rewards, and technology. Students learn how to make effective change through dealing with an organization as a whole. Strategies are developed to help organizations adapt to new technologies, markets, and challenges, including the rate of change itself. Case studies and simulations are used throughout the class work.
Advanced Project Management
MMG 795 • 3 credit(s)
Prerequisite: MMG 710. This course focuses on solving common problems in project management. Topics covered include: How to use MS Project to plan and track projects; 2) How to recruit and motivate project teams; 3) How to accelerate a project plan - or make up time that was lost; 4) How to select and manage outsourced services; 5) How to plan for the unknown: risk, quality, and slope creep; 6) How to know whether your project is doing well - and what to tell your sponsor, team, customers; 7) Your ethical and social responsibilities as a project manager. Students will build skills through group and individual assignments, case studies, and hands-on exercises.
Management Capstone
3
Credits
Strategic Management
MMG 739 • 3 credit(s)
Prerequisities: MMG 511, MMG 512, MMG 514, MMG 725, MMG 733. Strategic management is concerned with managerial decisions and actions taken in order to ensure the success and sustainability of the entire organization in an environment of competition, change and uncertainty. The objectives of the course are to build an understanding of the key concepts in strategic management and the competitive business environment that organizations fade, and to develop skills in applying the concepts to analyze real world situations. The course integrates prior leaning in courses such as organizational environment, accounting, finance and marketing.
Core Faculty
(800) 877-4723 x1227maryann.joseph@cambridgecollege.edu
(617) 873-0218Joseph.Reed@cambridgecollege.edu
Senior Instructor
617-873-0124Irina.Galatskaya@cambridgecollege.edu
787-296-1101 (ext. 2)Santiago.Mendez-Hernandez@cambridgecollege.edu
(617) 873-0675Mark.Rotondo@cambridgecollege.edu
(617) 873-0704William.Zwemke@go.cambridgecollege.edu
Adjunct Instructor
Admissions
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Admission Test:
No standardized graduate school tests required.
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Admissions Office:
1-800-829-4723
- Application Form:
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Application Fee:
$50 ($100 for international students)
Health Requirements for Massachusetts Students
The Massachusetts Health Department and Cambridge College require the following of students in Massachusetts:
Immunizations – All students in Massachusetts are required to get certain immunizations before you can register for your first term. See form
Health Insurance – In Massachusetts, undergraduate students taking nine or more credits/term and graduate students taking six or more credits/term must enroll in the College’s health insurance plan. Students who have insurance with comparable coverage may request a waiver. See information and enroll or waive.
School Requirements
See Admissions Requirements for the School of Business & Technology
International Students
International students need to provide supplemental documentation:
- Official demonstration of English language proficiency
- Supplemental documentation for issuance of I-20
- International transcripts, evaluated by an accepted evaluation service
Transfer Credit
Graduate program applicants, please complete the transfer credit request form if you wish to have prior course work evaluated for transfer. Learn more about transferring credits.
Tuition
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Credits:
30-36
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Cost per credit hour:
$705
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Application Fee:
$50 ($100 for international students)
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Health Insurance Fee:
$3,940 - Required for Massachusetts students only. See waiver details on Tuition & Fees page.
Note: Rates are as of June 2023 and are subject to change without notice. Rates apply to all students unless otherwise noted.
Financial Aid
Cambridge College offers financial aid to students in our degree programs who are enrolled at least half-time. Undergraduate students must be enrolled in at least 6 credits each term. Graduate and doctoral students must be enrolled in at least 4 credits each term. Learn more
Grants, Scholarships, and Loans
Cambridge College welcomes the opportunity to support your efforts to pay for college. Federal, state, and local resources in the form of grants, scholarships, loans, and work-study, including Cambridge College Scholarships, are available to help defray the cost of tuition. Learn more
Getting Your Company to Help
Many companies have tuition assistance programs designed to help their employees with their professional development. Learn more
Take the Next Step Toward Your Master of Management Degree
Take the Next Step Toward Your Master of Management Degree
