MiM, or Master in Management, is a perfect alternative to an MBA especially for students with limited work experience. It’s a post-graduate degree in management, the duration of which can be either 1 or 2 years. This depends on the country and university you choose.

What do they actually teach in MiM?

The MiM curriculum revolves around a three essential components:

  1. Core Subject Knowledge: The initial phase of MiM programs delves into the heart of management education, cultivating proficiency in fundamental subjects. Whether it’s Financial Accounting, Economics, Business Strategy, or Marketing Management, you’ll amass a toolkit of management principles to underpin your journey.
  2. Work Experience: The MiM journey is more than academic rigor; it’s an immersive experience that integrates internships. These hands-on encounters offer you the chance to translate theory into practice, bridging the gap between management concepts and real-world scenarios.
  3. MiM Specialization: As you progress, the path of specialization unfolds. Be it finance, data analytics, entrepreneurship, marketing, HR, or law, the MiM curriculum empowers you to sculpt your education according to your career aspirations.

Is MiM the right course for you?

YES,

  • If you’re envisioning a transition into management-related domains.
  • If your work experience lies between 0 and 2 years.
  • If you’re ready to embark on an international journey right after completing your bachelor’s degree.
  • If you want to pursue a double specialization or double degree.
  • If fields like finance, marketing, consulting, strategy, or analytics interest you
  • If you’re looking for an affordable study abroad option at a Top University

NO,

  • If your work experience surpasses the 3-year mark.
  • If your path is defined (e.g., finance, marketing) and demands a specialized master’s program.
  • If you find yourself above the age of 26

What are the typical jobs after MiM?

Your MiM voyage culminates in a world of career possibilities. Graduates with under 2 years of work experience often secure entry-level roles at renowned firms. Expect opportunities in:

  • Financial Analysis
  • Strategy & Consulting
  • Private Equity (PE) Analysis
  • Digital Marketing
  • Project Management
  • Business Development
  • Financial Controlling
  • Operations and Supply Chain
  • Impact Investing
  • Business Analytics
  • Product Management

Salaries and locations for these roles vary, promising a compelling starting point for your career trajectory. To get a detailed insight into the potential salaries after completing your MiM, check out our dedicated guide on Salary after MiM.

Pros of MiM

  • Accelerated Career Path: MiM programs are the expressway to your corporate aspirations, catapulting you into the professional realm right after graduation.
  • Versatile Skill Set: The curriculum equips you with an array of skills, fostering adaptability across diverse management domains.
  • Networking: With an international student cohort, MiM programs create an unparalleled network that propels your prospects.
  • Flexibility- This course helps you figure out your career path as most MiM programs offer plenty electives.

Cons of MiM

  • Niche Specialization: MiM’s broad scope might not be beneficial to someone willing to gain in-depth specialization in a specific field.
  • Less Experience: Since MiM programs require less experience, it might be difficult to find entry level jobs right after graduation in foreign countries. 
  • Language Barrier- Since MiM is more of a European concept, language can be a huge barrier which might reduce job prospects.

Top MiM Programs of the World

Each MiM programs is designed uniquely and can be distinguished by excellence in education, faculty, and outcomes. Here is a list of the Top 10 MiM programs from ft rankings 2023,

MIM Ranking 2023 University Name Location Average Salary after Graduation ($)
1
University of St Gallen
Switzerland
138,091
2
HEC Paris
France
118,999
3
Rotterdam School of Management Erasmus University
Netherlands
101,961
4
Stockholm School of Economics
Sweden
92,235
5
ESCP Business School
France
95,742
6
Essec Business School
France
96,988
7
London Business School
UK
103,489
8
University College Dublin: Smurfit
Ireland
93,510
9
EMLyon Business School
France
96,487
10
ESMT Berlin
Germany
97,462

How much does it cost to study MIM

The cost of MiM programs varies, depending on location, program duration, and prestige.

Average Cost of MiM is 35 lakhs in Europe and 50 lakhs in the US for the entire program. For those mindful of budget while aspiring for quality, List of Affordable MiM Programs is a specially curated list of the world’s best MiM programs at the most reasonable price. These programs furnish an exceptional education at a reasonable cost, ensuring an exceptional return on your investment. 

In summation, the Master in Management journey propels you toward a thriving career. Whether you’re drawn to finance, marketing, consulting, or beyond, MiM fortifies you with skills, knowledge, and networks to excel. 

Our successful MiM Admits

Akshita
Akshita
Admits from HEC Paris, ESSEC, LBS
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I got into my dream school that too with a scholarship!! Bijal is amazing because she really listens and tells stories in a way that's super interesting. Just go for it!
Akshit
AkshitAdmits from Duke, ESSEC, LSE, INSEAD
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Achieved admits in 6 out of 8 top-notch b-schools, thanks to Bijal's invaluable on-the-ground insights and spot-on mock interviews. Grateful for her guidance!
Santanu
Santanu Admits from ESCP, EDHEC
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Bijal's personalized guidance and genuine support helped me secure admission to top MiM programs. The support from her even after I received my admits is what makes her stand out. Highly recommended!
Kaivan
KaivanAdmits from EDHEC, Imperial
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I could never imagine that I could get the prestigious Charpak scholarship! Bijal is too good at what she is doing, wholeheartedly recommended!
Nikhil
Nikhil Admits from St. Gallen, ESSEC, LSE
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I appreciate their honesty and straightforward approach. Thanks to Bijal and Team EdYOu, I secured spots in two of the world's best MiM programs!
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