Planning to study  Masters in Management?

Do you desire to pursue an MIM abroad? If yes, then do you know which country would be best for pursuing MIM? Well, worry no more because we have got all the answers to your endless questions and queries about the same.

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Why Masters in Management?

MIM offers you an opportunity to have a globally recognized degree and explore job opportunities abroad. Here we have listed some of the top reasons why you should consider pursuing MIM

Globally 

Recognized Colleges

MIM degrees are designed for an international student audience, with courses offered in English. It also gives you opportunity to pursue your post graduation from the top universities in the USA, UK and other developed countries.

Little or no work experience required at admission

One of the greatest advantages a Master's in Management provides is that it offers a way to advance your business knowledge immediately after graduating a Bachelor’s programme.

Get a versatile study experience

MIM is designed as a programme offering in-depth theoretical classes and a great learning environment. In addition, you can also choose from a wide range of interesting electives such as the psychology of money, e-commerce, business ethics, etc.

Develop complete set of Managerial Skills

MIM degree will help you develop great interpersonal skills, be a quick problem solver and overall, you will know how to apply managerial theory to the real world of business. 

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MIM Complete Guide Book

Learn about the whole process of MIM from the knowledge and experience of Top MiM Mentors! The Ebook is a comprehensive guide that will help you plan, prepare and apply to the best MIM programs. You can easily avail all the information related to the top colleges in the world, their eligibility criteria, application process, scholarship details and more. 

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What's the difference between MIM & MBA? 

MIM

MiMs are targeted towards recent grads or professionals with up to 2 years of work experience. In fact, a number of colleges draw a line at 1 year of max. work experience.

MiMs are targeted towards people who want to kick start their business career. It is useful to break into top companies, & also allows one switch to business from some other field.

Several analytical & quantitative courses are taught via case studies, team projects and lectures. Theoretical fundamentals of business are concentrated on

MiMs are pretty economical in comparison with tuition fees averaging around 40,000$. This way it can be obtained in just 1/2 of an MBA's costs

MiMs are quicker with a majority of colleges offering a fast-paced 10-month course. Some schools though offer a more comprehensive 1.5-2 year course.

MiMs being recent graduates with no or little work experience are picked up for entry level or analyst positions.

MiM graduates get entry-level jobs, which are usually their first fulltime job or their first job in a new field, hence their salaries are comparatively lower but range around 50000$

MBA

Most MBAs are ideal for applicants having work experience between 3-8 years. In fact, most colleges expect at least 4 years of work experience.

Most MBAs take up the degree to move up in the career ladder, to get a higher salary or change their field of work

Case Study based framework aimed to utilise the rich experience of MBA students, and teach them about the application of business techniques.

MBAS can create a dent on the pocket with tuition fees that can range up to a 100,000$

Most full-time MBAs are 2-year programs (owing to their comprehensiveness). However, some schools offer a 1-year degree as well.

Already having several years of work experience, MBA graduates are picked up for mid-level managerial positions.

MBAs due to their work experience and specialised knowledge command a higher salary, which in the elite schools can be upwards of 100,000$ .

Know About Top MIM Programs

Types of Job profiles


Popular job roles for MIM graduates are:

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Top Countries to Study MIM

Germany

UK

France

Singapore

Average Salary in USD

Average Tution Fee in USD

Top Countries To Study MIM

Germany

UK

France

Singapore

Top Universities offering MIM programs

HEC Paris
London Business School
ESSEC Business School
Esade buisness School
Copenhagen Business School
IE Business School
ESCP Business School
Imperial College Business School

MIM Fact Sheet


Top 10 MIM Programs

1. MSc Strategic Management, HEC Paris.
2. Masters in Management, London Business School, UK.
3. MSc in International Management, ESADE, Spain.
4. MSc in Strategy & Management of International Business, ESSEC, France.
5. MSc in Management, Imperial College Business School, UK.
6. Master in Management, IE Business School, Spain.
7. MSc Management and Strategy, London School of Economics, UK.
8. Master in International Management, CEMS (Multiple campuses).
9. Master in Business Management, St. Gallen, Switzerland.
10. Master in Management, ESCP Europe, France.

MIM Specialization

The initial phase of the study focuses on laying a strong foundation for management sciences and allied concepts like analytical skills, statistical methods.

While the later phase focuses on various specializations that students can select as per their choice. Different MIM specializations are:

  • Economics
  • Finance
  • Analytics
  • Accounting
  • Marketing
Exams required to study MIM abroad

To get into top B-schools, one needs to give the following exams:

Standardized exams: While most B-schools may ask for a GMAT score to apply for the MIM programme, however, there are top institutes that accept the GRE score as well. It is better to check with the institute where you are applying whether they are asking for GMAT or GRE score.

Language proficiency exams: Valid English Language proficiency test scores are a must to get into any top institute offering MIM. So, check with your college which English Language proficiency test scores they accept IELTS, TOEFL or PTE.

"An MIM will Add Value to your Career"

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MIM Without GMAT

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MIM in Canada – Eligibility Criteria, Top Universities, and More

MIM Scholarships

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Top MIM Colleges in France

Career after MIM

PGDM V/S MBA V/S MIM V/S MSBA V/S MIF

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Frequently Asked Questions!

What is MiM program?

A Master in Management, or MIM, is a postgraduate programme that provides advanced general management knowledge for Business Bachelor's graduates, whether they have studied Business before or not. You will graduate a MIM programme with either a Master of Science (M.Sc) or a Master of Arts (M.A.)

Is MiM better than MBA?

The key difference is that while both courses cover a range of business topics and general business principles, the MBA is usually designed for people with a few years of work experience.

The MiM is more of a career kickstart for those with little or no work experience, fresh out of their undergraduate degrees.

Is MiM a good degree?

The MiM degree is seen as a way to kick-start a business career. Grads often take entry-level positions while MBAs, who tend to have more experience beforehand, are usually recruited into mid-level positions. Either way, companies are excited to hire talented candidates from the pool of MiM and MBA graduates.

Is MiM worth doing?

The Economic Pay-Off -What Makes the Masters in Management Program Worth your money. In fact, at LBS, a student of the one-year, £25,700 MiM earned £69,000 during his placement! The high ROI of Masters in Management is what makes it worth your investment.

Is GMAT required for MiM?

GMAT Score and work experience is compulsory. 40 percent of MIM programs need a GMAT Score. Average GMAT Score of MIM Students is 610.

Is MiM difficult?

It is always difficult to make a choice of whether to go for MIM or MSc programs because there are a lot of common aspects of these two programs. To overcome that difficulty, this blog post will help you in making the right choice whether to go for MIM or MSc.

Can I get a job after MiM?

This degree is popular in India and Europe. After pursuing this degree, students usually get entry-level jobs like Management Trainee. After gaining experience, MIM graduates can work as HR Manager, Training Manager, General Operation Manager, Sales Manager or Business Development Manager.

Can I study MiM abroad free?

Studying MIM is cheaper than pursuing MBA. The University of Cologne offers an MSc in MBA that is equivalent to a MIM program. As the university is state-funded, students need not pay tuition fee, however, they need to arrange for a little 'semester contribution' that includes public transport.

Is MiM Recognised in USA?

In recent years several top US business schools which run highly successful MBAs have established MiMs. But US business schools have not experienced the expediential growth of MiM applications like their peer schools in Europe, according to GMAC, where the degree is better known and accepted by recruiters.

Should I do MBA after MiM?

There is absolutely no need to pursue the MBA now that you have a Masters in Management. They are very similar. The MBA would have given you a more broad exposure to all aspects of a business. This might include Finance, Marketing, Logistics, Production, etc

Is GMAT required for MiM in Europe?

There are a few benefits of a master's in international management stated as under: Less expensive than an MBA. GMAT isn't Always Required.

Frequently Asked Questions!


What is MiM program?

A Master in Management, or MIM, is a postgraduate programme that provides advanced general management knowledge for Business Bachelor's graduates, whether they have studied Business before or not. You will graduate a MIM programme with either a Master of Science (M.Sc) or a Master of Arts (M.A.)

Is MiM better than MBA?

The key difference is that while both courses cover a range of business topics and general business principles, the MBA is usually designed for people with a few years of work experience.

The MiM is more of a career kickstart for those with little or no work experience, fresh out of their undergraduate degrees.

Is MiM a good degree?

The MiM degree is seen as a way to kick-start a business career. Grads often take entry-level positions while MBAs, who tend to have more experience beforehand, are usually recruited into mid-level positions. Either way, companies are excited to hire talented candidates from the pool of MiM and MBA graduates.

Is MiM worth doing?

The Economic Pay-Off -What Makes the Masters in Management Program Worth your money. In fact, at LBS, a student of the one-year, £25,700 MiM earned £69,000 during his placement! The high ROI of Masters in Management is what makes it worth your investment.

Is GMAT required for MiM?

GMAT Score and work experience is compulsory. 40 percent of MIM programs need a GMAT Score. Average GMAT Score of MIM Students is 610.

Is MiM difficult?

It is always difficult to make a choice of whether to go for MIM or MSc programs because there are a lot of common aspects of these two programs. To overcome that difficulty, this blog post will help you in making the right choice whether to go for MIM or MSc.

Can I get a job after MiM?

This degree is popular in India and Europe. After pursuing this degree, students usually get entry-level jobs like Management Trainee. After gaining experience, MIM graduates can work as HR Manager, Training Manager, General Operation Manager, Sales Manager or Business Development Manager.

Can I study MiM abroad free?

Studying MIM is cheaper than pursuing MBA. The University of Cologne offers an MSc in MBA that is equivalent to a MIM program. As the university is state-funded, students need not pay tuition fee, however, they need to arrange for a little 'semester contribution' that includes public transport.

Is MiM Recognised in USA?

In recent years several top US business schools which run highly successful MBAs have established MiMs. But US business schools have not experienced the expediential growth of MiM applications like their peer schools in Europe, according to GMAC, where the degree is better known and accepted by recruiters.

Should I do MBA after MiM?

There is absolutely no need to pursue the MBA now that you have a Masters in Management. They are very similar. The MBA would have given you a more broad exposure to all aspects of a business. This might include Finance, Marketing, Logistics, Production, etc

Is GMAT required for MiM in Europe?

There are a few benefits of a master's in international management stated as under: Less expensive than an MBA. GMAT isn't Always Required.

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