The Master in Management (MIM) is a post-graduate master’s degree awarded to students who usually complete a one- to two-year program of graduate-level coursework in business management at an accredited academic institution. Here are some top countries to study MIM.
Studying abroad is a critical decision that has to be seriously pondered upon before a decision is made. To make it easier for the students out there, the following is why students should consider studying abroad.
- Travelling opportunity
- Wider options for education
- Meet diverse cultures
- Acquire new language skills
- Find new hobbies
- Personal development
- Better job opportunity
Though there are many countries in the world with excellent universities and even better programs, few have made it to the top of the list due to their education regulations and focus on providing the students with applicable real-life education. Following are the top countries for your consideration for pursuing MIM.
Below are ten such countries you could consider for your MIM degree.
Masters in Management in France
France is among the top countries to study MIM for international students. Also, it is one of the leading countries offering a Master’s in Management or MIM degree, an alternative or rather a cost-effective alternate to an MBA degree. According to the Graduate Management Admission Council (GMAC), there has been a growth of 3% in MIM programs applications, while the demand for MBA has remained flat. Three out of the top 10 B-schools providing MIM programs are located in France.
Masters in Management in Germany
Until 2005, MIM or Masters in Management was not there in German universities. However, Germany has become one of the top destinations for international students who wish to study MIM programs in a short period. Home to some of the world’s best business schools well placed in all major global rankings is offering MIM programs. This ensures the quality and research standards of the program. Apart from this, business schools’ collaboration with businesses makes it a unique experience for students who also wish to gain work experience while studying the business program.
Masters in Management in Europe
The MIM courses are most sought-after in Europe. It is the place where this course originated. A survey conducted by the GMAC in 2019 found that 67% of European employers were willing to hire MIM graduates as they are filling the gap left by professionals who are pursuing an MBA after gaining work experience of several years. This figure was 33% for US employers. However, this does not mean that the program is not popular in the US. US schools also incorporate MIM programs, and few US schools are counted as best when offering MIM courses. The number of B-schools accepting GMAT exam scores for MIM admissions almost doubled to 195 from 102 between 2007 and 2016.
The Masters in Management program offered by HEC Paris is an 18-month long program. In the first year of the program, candidates learn the foundation courses that include case studies, electives, and project work. Students can choose to specialise in Management and Public Affairs, Management and Business Law or Management.
London Business School
The one-year MIM program offered by the London Business School gives candidates to interact with business leaders, attend lectures, and better their networking. The intensive program is designed to develop professional skills with the latest trends and theories in management.
The ESSEC Master in Management combines the best of a prestigious French ‘Grande Ecole’ programme with unique international experiences. Apart from the core course and electives, candidates are required to complete 18 months of professional experience. Students are required to study a foreign language during their time at school. Candidates get to learn subjects like Business Economics, Marketing Management, and Organisational Theory and Behaviour.
ESADE Business School offers a one-year full-time MSc in International Management program. While studying this program, candidates are tasked with various challenges faced by companies. They analyse the problems and offer a solution. The program prepares you to work in a global environment and read key knowledge to manage people.
MIM in USA – Top 10 Colleges to Consider
Imperial College London
MSc in International Management offered by Imperial College London is a one-year full-time program that equips students with advanced global leadership skills to make a career in business. Besides, the one-year programme combines practical relevance with academic rigour that focuses on experiential learning and global awareness.
IE Business School
The ten-month MIM program offered by IE Business School is designed for those having an entrepreneurial spirit and who wants a career in the business world. The program further includes two periods of core business modules and the third period of specialisation. Moreover, students can learn with actual companies and insights and techniques used in the real-world scenario.
London School of Economics
For students who further wish to make a career in management, the MIM program from the London School of Economics gives a strong foundation in the fundamentals of managing organisations and people within the real world of business today. The program will also help develop your leadership and strategy skills, people management, financial management, and business analysis.
These were the top countries to study MIM.
We have answered some questions for your ease.
Q1. Is studying MIM abroad worth it?
Ans. MIM degrees are valuable primarily for students who pursue them after a bachelor’s degree in engineering. Employers give internships to students. Besides, the workplace experience is invaluable for graduates as it adds practical knowledge to the theory that they learned in b-schools. It also helps them in giving a great start to their professional career.
Q2. Is work experience compulsory for getting admission to the MIM program?
Ans. MIM degree is designed for recent graduates or professionals with one year of experience who can also pursue it. This is one of the most significant advantages for those who want to go into management, business-related fields, as candidates need little or no work experience for getting into a MIM program.
Q3. What are the best universities to study MIM abroad?
Ans. Frankfurt School of Finance and Management, HEC Paris School of Management, London Business School, and the University of St. Gallen, Switzerland are some of the prominent schools offering MIM courses.
Thus, we truly hope we were able to resolve any queries you might have had. about the top countries to study MIM.