In the hyper-competitive job market of today a postgraduate degree in business management has become a required qualification for employment in jobs that university graduates would find appealing and rewarding. Fields that were in high demand a few years ago are now saturated and many graduates are unable to secure the job they have targeted with their first degree. They are seeking to discover new opportunities in the private and public sector to secure gainful employment with good career prospects. Keeping this issue in mind, Tribhuvan University, Faculty of Management developed the MBM course in 2014. This master degree program has altogether 4 semesters in total. This course has 15 credit hours in each semester and has exactly 60 credit hours in total of all 4 semesters. Out of 60 credit hours, 39 credit hours are allocated for core course modules that promote general perspectives of management. Each subject is of 3 credit hours except of research which is of 6 credit hours. Apart from this, knowledge of concentration courses, banking and finance, applied marketing, small business and entrepreneurship, sectorial management, and rural development are also provided to students for their professional improvement. In third and fourth semester, there are choices for the student. The students can choose among the subjects such as agribusiness management, commerce management, travel and tourism management, insurance and risk management, Micro finance and entrepreneurship, E business, etc. for the specialization in anyone sector. These kind of specialized courses reflect new ideas, trends and practices in the field of management.