Study Abroad Courses

Study MIM (Masters In Management) Course Abroad

8 min read
Blog Summary The Masters in Management (MIM) course is a gateway for recent graduates and early-career professionals looking to elevate their careers in the business sector. This blog delves into the essence of a MIM degree, highlighting its distinct advantage over traditional MBA programmes for those with less work experience. We explore the diverse career paths and salary expectations for MIM graduates, emphasizing the degree's value in fostering managerial and leadership skills. Additionally, the blog addresses common queries such as the possibility of studying MIM abroad for free and the typical duration of the course. With a focus on the global perspective, the MIM course is presented as a stepping stone to a prosperous career in management, offering insights into how it prepares students for the challenges of the modern business environment.

A study by the London School of Economics reveals that 94% of MIM graduates receive job offers within three months after completing their studies, marking a notable edge over other postgraduate programmes.

Are you ready to step into an exciting chapter of your academic journey? The world of Masters in Management (MIM) courses abroad is waiting to welcome you with open arms! Whether you've recently graduated or you're contemplating a career shift, the idea of pursuing a MIM course in a foreign land can be both invigorating and transformative. In this blog, we're here to be your friendly guide as we navigate through this thrilling adventure, covering everything from eligibility criteria to promising job prospects. So, let's embark on this exciting journey into the realm of MIM Abroad!

Why Study MIM Course Abroad?

When it comes to advancing your education and career, the world is your classroom. So, why study a Masters in Management (MIM) course abroad? Let's embark on a journey to uncover the compelling reasons that make this experience not just educational but also immensely enriching.

  • Global Exposure: Immerse yourself in diverse cultures, gaining a global perspective.
  • High-Quality Education: Access top-tier institutions with cutting-edge curricula and experienced faculty.
  • Networking Opportunities: Build a global network, enhancing your future career prospects.
  • Language Skills: Improve your English proficiency, a valuable asset in the international job market.
  • Enhanced Employability: Stand out to employers with international experience on your resume.
  • Personal Growth: Step out of your comfort zone, gain independence, and grow as an individual.

Eligibility Criteria for MIM Abroad

Before embarking on your journey to pursue a MIM Course Abroad, it's essential to understand the prerequisites – the MIM course eligibility criteria. Let's unravel the key factors that will pave the way for your international academic adventure:

  1. Completed Bachelor's Degree: The foundation of your MIM pursuit begins with a completed bachelor's degree or its equivalent from a recognised institution. This is the first step on the path to studying MIM abroad.
  1. GMAT/GRE Scores: Many prestigious universities and colleges abroad require applicants to submit competitive scores from standardised tests like the GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination). These tests assess your quantitative, verbal, and analytical skills, providing a snapshot of your aptitude for the programme.
  1. English Proficiency: As most MIM courses abroad are conducted in English, demonstrating proficiency in the language is crucial. International students typically need to provide English language proficiency scores through tests such as TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System).
  1. Letters of Recommendation: To vouch for your capabilities and character, you'll be asked to provide letters of recommendation. These letters, usually from professors or employers, help institutions assess your potential for success in their MIM programme.

Best Masters in Management Programme

International colleges widely offer MIM programmes, yet students must decide if they wish to pursue an MS, MA, or MBA degree in Management. These three types of degrees are all postgraduate options, each offering a specialisation in Management. Below, you will find a selection of notable MIM courses available for students to consider:

  1. Master of Arts in Strategy and International Management
  2. Master of Science in Management
  3. MSc in International Management
  4. Master’s in International Management 
  5. MSc Management
  6. Master in Business Economics and Management
  7. MSc in Economics & Business Administration – International Business
  8. Master of Science in Management-Engineering
  9. Masters in General Management
  10. Master of Global Management
  11. Master of Management – Early Career Masters (MM-ECM)
  12. Masters in Business Engineering
  13. MSc Supply Chain Management
  14. Master of Applied Economic Sciences: Business Economics
  15. Master of Science in Economics and Business Administration

Top Universities and Colleges to MIM Course

Pursuing a Master in Management (MIM) degree is a strategic step for early-career professionals or recent graduates aiming to fast-track their ascent in the business world. The MIM programme, known for its comprehensive curriculum that blends theoretical knowledge with practical business skills, is offered by numerous prestigious institutions around the globe. Here's an overview of some top universities and colleges renowned for their MIM courses, providing students with a blend of academic excellence, global exposure, and robust career opportunities.

MIM Course Universities

MIM Courses

MIM Course Location

MIM Course Duration

QS Rankings

University of St.Gallen (HSG)

Master in Strategy and International Management

Switzerland

18 months



26

HEC Paris

Master in Management

France

18 months

n/a

London Business School

Masters in Management

UK

12 to 16 months

n/a

Rotterdam School of Management, Erasmus University

Master in Management

Netherlands

12 months



n/a

Imperial College Business School, UK

MSc Management

UK

12 months

n/a

Bocconi University, Italy

Master in International Management

Italy

12 months

n/a

Newcastle University

Advanced International Business Management and Marketing(Dual Award)

Newcastle, United Kingdom

17 months

58.6



National University of Ireland, Galway

MSc (International Management)

Galway, Ireland

1 year

n/a

Lancaster University

Advanced Marketing Management MSc

Lancaster, United Kingdom

12 months

55.7

 

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Exam Required to Study MIM Course Abroad

Before initiating their application, applicants are advised to thoroughly review the necessary prerequisites for the course of interest. Below are the standard requirements for enrolling in a Master in Management (MIM) programme:

GMAT

A critical exam for MIM Course applicants, assessing analytical, quantitative, verbal, and reasoning skills.

GRE

Accepted by many MIM Courses, it evaluates verbal and quantitative reasoning, along with analytical writing.

English Proficiency Tests (IELTS/TOEFL)

Essential for non-native English speakers to demonstrate proficiency in listening, reading, writing, and speaking English.

Country-Specific Exams

Some MIM Courses may require additional tests like the TAGE MAGE in France.

Top Destination to Study MIM Adroad

Studying MIM abroad offers students the chance to gain a globally recognised qualification and unparalleled exposure to international business practices. Among the top destinations for MIM courses, the UK, USA, Germany, and Canada stand out for their world-class institutions, diverse student bodies, and strong career prospects.

MIM Course in the UK

The UK is a prime destination for MIM courses, offering a blend of traditional academic excellence and modern business practices. With its prestigious universities and proximity to global financial centers, the MIM course in the UK is designed to equip students with both theoretical knowledge and practical skills.

MIM Course in the USA

The USA is known for its innovative approach to education and strong emphasis on leadership and entrepreneurship. An MIM course in the USA provides students with access to a vast network of industries and startups, making it ideal for those looking to immerse themselves in cutting-edge business practices.

MIM Course in Germany

Germany's reputation for precision and efficiency extends to its education system, particularly management and engineering. An MIM course in Germany is highly valued for its rigorous academic standards and strong industry connections, offering students a robust foundation in management theory and practice.

MIM Course in Canada

Canada's multicultural environment and high quality of life make it an attractive destination for international students. An MIM course in Canada is characterised by its inclusive educational approach and opportunities for post-graduation employment in a stable and welcoming economy.

Average Fees for MIM Abroad

Pursuing a MIM Course Abroad can be a transformative experience, offering exposure to global business practices and networking opportunities. Here's a table summarising the approximate average fees for pursuing a MIM Course Abroad in popular countries like the UK, USA, Germany, and Canada. 

Country

Average Fees for MIM Course (USD)

UK

$20,000 to $40,000 per year

USA

$30,000 to $60,000 per year

Germany

$0 to $30,000 for the entire programme

Canada

$15,000 to $35,000 per year

Scholarships to Study MIM Abroad

Securing a scholarship for a MIM Course Abroad offers a pathway to advanced management education without the financial strain. Here's a concise guide to finding scholarships for your MIM Course:

Scholarships 

Universities

Scholarship Amount

HSG Foundation Global Shapers Scholarship

University of St. Gallen (HSG)

$3,300/Semester

HEC Foundation Excellence Scholarships

HEC Paris, France

$45,000

Masters in Management Merit Scholarship

London Business School, UK

 

$8,000

MIM Abroad Vs MIM India

Students from India often ponder the differences between pursuing a Master in Management (MIM) domestically versus internationally. The comparison typically revolves around:

  • The calibre of education,
  • International exposure,
  • Opportunities for employment after graduation,
  • And the overall learning experience.

Job Prospect After MIM

The MIM Course (Master in Management) is a transformative educational journey that equips graduates with the essential skills and knowledge to excel in the global business landscape. With a focus on leadership, strategic thinking, and operational excellence, the MIM Course prepares students for a wide range of career opportunities across industries. The versatility of the MIM Course makes it a popular choice for students looking to enhance their career prospects, with many opting for MIM Abroad to gain international exposure and experience.

Careers in Management

Average Salary (USD)

Management Consultant

$83,000

Financial Analyst

$61,000

Operations Manager

$65,000

Marketing Manager

$70,000

Human Resources Manager

$66,000

Project Manager

$73,000

Business Development Manager

$78,000

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