MAM Business School
MAM Business School is the flagship academic unit of Island Institute of Tertiary Education (IITE) in Male', Maldives, offering 36 MQA-approved courses to school leavers, working adults, maritime professionals, and TVET students across all 200 inhabited islands via campus and LMS delivery.
- Company typePrivate
- Founded2010
- HeadquartersMale', Maldives
- Headcount1–10
- GTM typeB2C
- OfferingServices
What MAM Business School does
MAM Business School is the flagship academic unit of Island Institute of Tertiary Education (IITE), a private tertiary education institution founded in 2010 and headquartered in Male', Maldives. The Business School delivers 36 academic courses approved by the Maldives Qualifications Authority (MQA), targeting school leavers post-O Levels, working adults seeking career advancement, maritime professionals pursuing international certification, and young women entering the workforce via TVET trades across the country's 200 inhabited islands.
The institution operates an integrated multi-school platform under the IITE umbrella, comprising the Business School, a Maritime School focused on marine operations and transportation officer preparation, a TVET School aligned to major Maldivian employment sectors, International Programmes delivered in partnership with ABMA, Corporate Training services, and MAM Preschool at the Bahiya Campus. Delivery infrastructure consists of a single physical campus at M. Faaroshige, 6th Floor, Orchid Magu, Male', combined with a Moodle-based Learning Management System at lms.iite.edu.mv for virtual course access and a website-based online application form for enrollment.
Revenue is generated primarily through tuition and certification course fees from the MQA-approved academic programs, with no publicly disclosed pricing. Distribution is entirely domestic, reliant on direct-to-individual enrollment through the campus and website. The operating team is small at 7 employees, and cumulative website traffic is 10,586 visitors, indicating a sub-scale institution in early growth phases. No funding rounds, ownership disclosures, or financial statements are available, and the business depends on regulatory alignment with the MQA, MNSDA, and the Ministry of Education for credential legitimacy.
MAM Business School firmographics
Firmographics- Name
- MAM Business School
- Legal name
- Island Institute Of Tertiary Education
- Website
- https://mamaldives.edu.mv
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MAM Business School is the flagship academic unit of Island Institute of Tertiary Education (IITE) in Male', Maldives, offering 36 MQA-approved courses to school leavers, working adults, maritime professionals, and TVET students across all 200 inhabited islands via campus and LMS delivery.
- Ownership category
- akta.pro rank
MAM Business School industry classification
Industry- Product category
- Higher Education
- NAICS
- Colleges, Universities, and Professional Schools (6113), Business and Secretarial Schools (61141), Professional and Management Development Training (61143)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- International Business & Global Management Schools (EDAHAHAJ)
- akta.pro secondary industry
- Learning Management Systems (LMS) & Academic Application Support (EDALAMAC)
Keywords
Where MAM Business School is headquartered
LocationHeadquarters
- HQ city
- Male'
- HQ country
- Maldives
- HQ region
- Asia
Offices1 record
Markets served
MAM Business School business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Academic Course Fees: Revenue generated from tuition and certification course fees for the 36 MQA-approved academic programs offered through the Business School
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
MAM Business School product offering
Product offeringCore offering
MAM Business School, operating under Island Institute of Tertiary Education (IITE) in Male', Maldives, delivers tertiary education through a Business School that offers 36 academic courses approved by the Maldives Qualifications Authority (MQA). Programs are delivered via on-campus instruction at the Male' headquarters and through a virtual Learning Management System (LMS), targeting school leavers, working adults, maritime professionals, and young women seeking certification across the 200 inhabited islands of the Maldives.
Product overview
Island Institute of Tertiary Education operates as a unified educational platform with multiple specialized schools under one umbrella. The institution comprises six core educational offerings: the Business School (offering 36 MQA-approved courses), Maritime School (marine operations training), TVET School (technical and vocational training), International Programmes (ABMA partnerships), Corporate Training services, and MAM Preschool. These schools share common infrastructure including a Learning Management System (LMS), student registration systems, and academic support services, functioning as an integrated tertiary education ecosystem serving diverse learners across the Maldives.
Differentiator
Problem solved
Functional benefit
Brands
- Business School: Business school offering 36 academic courses approved by the Maldives Qualifications Authority (MQA), designed to impart skills and knowledge.
- MAM Preschool Bahiya Campus
- Maritime School
- TVET School
- International Programmes
Products and services
- Business School The Business School offers 36 academic courses approved by the Maldives Qualifications Authority (MQA), designed to impart business skills and knowledge. It serves school leavers, working adults, maritime professionals, and young women seeking recognized certification across the Maldives.
- Maritime School The Maritime School is a maritime academy focused on marine operations, preparing individuals to become capable transportation officers and supporting international certification for maritime careers.
- TVET School The Technical and Vocational Education and Training (TVET) School offers programs tailored to the job market needs of the major employment sectors in the Maldives, supporting young women and others entering the workforce.
- International Programmes (ABMA) International certification programs offered in partnership with ABMA (Association of Business Managers and Administrators), providing internationally recognized business qualifications.
- Corporate Training
Companies that use MAM Business School
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles4 records
MAM Business School technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
MAM Business School partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Maldives Qualifications Authority (MQA)coreOfficial regulatory body that approves and accredits the 36 academic courses offered by the Business School. All certification courses are MQA-approved, providing institutional credibility and graduate recognition in the Maldives job market.
- Maldives National Skills Development Authority (MNSDA)coreNational authority for skills development that provides useful links and regulatory oversight for vocational and skills training programs offered by the institution.
- Ministry of Education, Higher Education and Skills DevelopmentcoreGovernment ministry providing oversight and regulatory guidance for higher education institutions in the Maldives.
- Ministry of Economic Development, Transport & TrademinorGovernment ministry providing useful links and alignment with national economic development priorities relevant to graduate employment.
- ABMA (Associate of Business Managers and Administrators)coreInternational programmes offered through ABMA are listed under International Programmes, indicating a co-development partnership for delivering internationally recognized business qualifications.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
MAM Business School competitors and assessment
Company assessmentOthers
- Maldives Maritime Academy: MMA is the Maldives' dedicated maritime training institution, an ecosystem peer whose maritime certification programs overlap with IITE's Maritime School offerings and whose graduates represent a potential cross-program customer base for MAM Business School.
- ABMA (Association of Business Managers and Administrators): ABMA is MAM's international credentialing partner that issues the qualifications delivered through IITE's International Programmes — a strategic ecosystem partner whose certification framework underwrites part of MAM's international value proposition.
Emerging players
- Coursera: Coursera is a global online learning platform offering business and professional certificates from top universities, increasingly accessible in Maldives and competing for the same working-adult re-skilling segment that MAM Business School targets.
- LinkedIn Learning: LinkedIn Learning offers online business and professional development courses with international certificates, targeting working professionals globally — an indirect substitute for MAM's adult re-skilling and corporate training offerings.
Direct peers
- Villa College: Villa College is one of the largest private higher education institutions in the Maldives, offering business, IT, and health programs approved by MQA — directly competing with MAM for the same pool of O-Level school leavers and working adults across Male' and the atolls.
- Cyryx College: Cyryx College is a Maldives-based private higher education institution offering business, IT, and accounting programs approved by MQA, directly overlapping with MAM Business School's target segments and certification focus.
- Mandhu College of Healthcare: Mandhu College is a Maldives private college providing MQA-accredited vocational and professional programs, competing for the same O-Level school leavers and working-adult student segments as MAM in a constrained domestic market.
- Maldives National University: MNU is the Maldives' flagship public university providing tuition-subsidized business, education, and vocational programs, serving as the primary alternative for Maldivian students seeking accredited tertiary credentials including business qualifications.
- MAPS College: MAPS College is a Maldives private higher education provider offering MQA-approved business and professional programs, overlapping directly with MAM Business School on curriculum, accreditation, and target student demographics.
Regional players
- Asian Pacific International College: API College is a Maldives-focused private higher education institution offering business and management qualifications, operating alongside MAM in the same domestic market with comparable MQA-accredited programs.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key highlights6 records
Customer concentration
MAM Business School social profiles
Digital presenceMAM Business School financial estimates
Financial estimateRevenue estimate
Valuation estimate
MAM Business School leadership team
Management profileNumber of profiles
MAM Business School funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MAM Business School M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MAM Business School
What does MAM Business School do?
MAM Business School, operating under Island Institute of Tertiary Education (IITE) in Male', Maldives, delivers tertiary education through a Business School that offers 36 academic courses approved by the Maldives Qualifications Authority (MQA). Programs are delivered via on-campus instruction at the Male' headquarters and through a virtual Learning Management System (LMS), targeting school leavers, working adults, maritime professionals, and young women seeking certification across the 200 inhabited islands of the Maldives.
Is MAM Business School a public or private company?
MAM Business School is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MAM Business School founded?
MAM Business School was founded in 2010. It employs 1 to 10 people.
Where is MAM Business School based?
MAM Business School is headquartered in Male', Maldives, in the Asia region.
How does MAM Business School make money?
One revenue line is on record: academic Course Fees.
Who are MAM Business School's main competitors?
Others on record are Maldives Maritime Academy and ABMA (Association of Business Managers and Administrators). Emerging players are Coursera and LinkedIn Learning. Direct peers are Villa College, Cyryx College, Mandhu College of Healthcare, Maldives National University and MAPS College. Asian Pacific International College is listed as a regional player.
Does MAM Business School have an API?
No public API is recorded for MAM Business School.
What industry is MAM Business School in?
MAM Business School's product category is Higher Education. Its primary akta.pro industry code is EDAHAHAJ, International Business & Global Management Schools, with a secondary code of EDALAMAC, Learning Management Systems (LMS) & Academic Application Support. Its NAICS code is 6113 and its SIC code is 8200.