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MIM in UK: Top MIM Course in UK, Salary, Job Opportunities, Cost & More

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Business schools in UK are a major attraction for international students across the globe. While MBA is the most popular course amongst students, Masters in Management in UK is gradually attaining momentum over the years. The MIM in UK course offers comprehensive knowledge on various management topics and is provided by top universities, such as London Business School, Imperial College London, University of Birmingham, etc.

Graduation from the top MIM colleges in UK prepare students to kickstart their careers without any prior work experience. This is a great opportunity for freshers to set their first foot in the professional business setup. So, if you, too, are inquisitive enough to know more about MIM in UK, this blog will surely serve your purpose.

Table of Contents

Why Study MIM in UK?

Before pursuing any program, you must know its benefits and future prospects. Let us address your first query by taking you through the benefits of studying MIM from UK:

  • International Recognition: UK was one of the first countries to start courses on masters in management. With its increasing popularity and effectiveness, the course today has acquired international recognition.
  • Program Duration: MIM in UK is generally of 1-year duration. It is an opportunity for the students to save time and have an early start on their careers.
  • Cheaper than MBA: In terms of cost, MIM courses are way cheaper than MBAs.
  • No Work Experience Required: Whereas work experience is a compulsion to get into the top MBA universities in UK, this is not the case with MIM. The UK MIM courses can be acquired even by freshers wishing to step into the world of business and management.
  • Employment Opportunities: The MIM graduates in UK find employment opportunities in various leading organisations of the world. The skillfully designed curriculum moulds the students to be responsible and productive professionals.

Complete Guide to Pursuing MBA in UK

Let us now discuss the admission requirements and process of pursuing a master of management in UK.

Eligibility Criteria and Admission Requirements for MIM in UK

The needs and requirements for MIM in UK admission vary from university to university. Some basic requirements for MIM from UK by top universities are as follows:

  • Undergraduate Degree
  • GMAT or GRE Score (Recommended but not necessary)
  • Language Requirements
  • Passport & Visa

Next, let us understand the detailed insights on these requirements and eligibility criteria for MIM in UK for Indian students.

Undergraduate Degree

All applicants must have completed an undergraduate degree from a recognized institute. A score of 70% or above is considered a good score for top MIM colleges in UK.

GMAT or GRE Score

A GMAT or GRE score is not a compulsory requirement for MSc Management in UK universities. However, you will need them to get admission into the top universities. The GMAT score generally ranges from 600 - 650, and the GRE cutoff is expected to be above 320.

Language Requirements

The English proficiency test is mandatory for all international students to get admission to the UK MIM universities. Minimum scores as per the tests are:

  1. IELTS: 6.0 - 7.0
  2. TOEFL: 85 - 110
  3. PTE: 65 - 75
  4. DET: 115 - 125

Passport and Visa

A valid passport and UK student visa are a must for all international students to study any course at any university in the UK. Do keep in mind to apply for your visa at least 3 months prior to the expected date of travel.

Guide to UK Student Visa for International Students

Next, let’s check the documents required to apply for a UK MIM course.

Documents Required for MIM in UK

Admission to MIM in UK requires a set of documents. Some of the common document requirements are mentioned below:

  • Transcripts of all educational qualifications
  • CV or Resume
  • LOR or Letter of Recommendation
  • SOP or Statement of Purpose
  • Scorecards of IELTS/TOEFL
  • Scorecards of GMAT/GRE (Recommended but not compulsory)
  • A write-up describing your intention behind opting to study MIM in UK. Also, include your specific area of interest and any prior achievements you have.

How to Pursue MIM without GMAT?

Next, let’s explore the admission process for a MIM in UK.

Admission Process for MIM in UK

A step-by-step guide to applying for MIM in UK is as follows:

  • Finalize the university where you want to apply for the MIM course in UK.
  • Visit the official university website and collect all data relating to eligibility and the admission process.
  • Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, or GMAT/GRE scorecards.)
  • Fill out the desired application form and pay the fee.
  • Once you fulfil all the requisites, you will receive the conditional offer letter. The letter is the proof of your selection, after which you may book your seat at the particular university.
  • Pay your deposit by agreeing to the terms and conditions of the university. The deposit is non-refundable.

Know all about the Intakes & Deadlines for UK

Now that we understand the admission process, let us take a look at the best universities for MIM in UK.

Top 5 Universities for MIM in UK

MIM universities in UK are the best in terms of education, exposure, and opportunities. There are many universities in UK that offer MIM as a full-time course.

Here is a list of the best universities for MIM in UK:

  1. London Business School
  2. Imperial College London (Imperial College Business School)
  3. University of Warwick (Warwick Business School)
  4. Durham University (Durham University Business School)
  5. University of Birmingham

Let us know about each of these universities in detail!

1.  London Business School

Located at the heart of London, London Business School is a renowned institute for MSc Management UK. The program has a distinguished reputation for skillfully combining academic excellence and practical experience. It offers students ample opportunities to gain tangible experience in a real-life business environment through internships in multinational firms and companies.

University Type

Public

QS World Ranking 2023

NA

Programs Offered

Global Masters in Management

Masters in Analytics and Management

Masters in Financial Analysis

Average Tuition Fees Per Year

£36,200

2.  Imperial College London (Imperial College Business School)

Imperial College London is another one of the best MIM colleges in UK. The curriculum of the MIM program here is a distinctive combination of academic learning and its application in real-life situations. This is done through practical case studies and hands-on tasks with some leading companies and other external organizations.

University Type

Public

QS World Ranking 2023

6

Programs Offered

MSc International Management

MSc Economics & Strategy for Business

MSc Strategy Marketing

Average Tuition Fees Per Year

£19,620 - £46,000

3.  University of Warwick (Warwick Business School)

MSc Management in UK at Warwick Business School of the University of Warwick brings together various disciplines within business and management. It helps to develop leadership qualities and become productive in different job roles. It also enhances the skills of team building and effective management abilities. All of these can help a student in growing into a strong and successful business professional.

Type

Public

QS World Ranking 2023

64

Programs Offered

MSc Management of Information Systems & Digital Innovation

MSc Marketing & Strategy

Average Tuition Fees Per Year

£22,214 - £43,129

4.  Durham University (Durham University Business School)

Durham University Business School offers one of the best MIM programs in UK. All the master’s programs here consistently make their place in the top independent rankings for quality of education and research. At Durham, you learn from a highly qualified faculty who are the best in their fields. They help to develop your analytical skills by engaging you in various practical settings.

University Type

Public

QS World Ranking 2023

92

Programs Offered

MSc Management (Entrepreneurship)

MSc Management (Finance)

MSc Management (Human Resource Management)

MSc Management (International Business)

MSc Management (Supply Chain Logistics)

Average Tuition Fees Per Year

£ 18,500 - £29,400

Suggested: Universities In Birmingham

5.  University of Birmingham

When discussing MIM colleges in UK, the University of Birmingham is worth mentioning. From effective strategic planning to policy development and innovative skills, the MIM course here offers everything. It introduces students to advanced management concepts through specialized modules and practical training sessions.

University Type

Public

QS World Ranking 2023

91

Programs Offered

MSc Management (Strategy Pathway)

MSc Management (International Business)

MSc Management (Operations Pathway)

Average Tuition Fees Per Year

£21,801 - £38,084

Top 10 MIM Colleges in UK!

Let us also discuss briefly MIM in UK cost since it is one of the major factors that will impact your choice to study abroad.

Cost of Studying MIM in UK

The overall MIM in UK cost depends upon the university and the lifestyle you choose. The costs further may be divided into two parts—tuition fees and cost of living. Let’s explore it in detail!

Tuition Fees

There are different fee structures for MIM courses in UK universities. The fee also depends upon the course type of specialization you choose. On average, the MIM in UK fees ranges from £24,000 to £44,000 on yearly basis.

Cost of Living

The cost of living in UK again depends upon your lifestyle and preferences. An estimated cost per year for international students is £1,100 - £1,300 per month. It covers all amenities like housing, food, travel, stationery, recreational activities, etc. Let us talk about the cost of living in UK for international students in detail.

Facilities

Cost Per Month

Accommodation

£350 - £550

Food

£290 - £410

Stationery

£45 - £100

Social Activities

£45 - £120

Personal Items

£135 - £260

Miscellaneous

£20 - £55

Complete breakdown of the Cost of livng in UK for an international student

It is evident that UK can turn out to be an expensive study destination. However, the good news is that many universities offer scholarships to international students.

Scholarships for MIM in UK

Funding your education in UK is never a problem because UK universities offer a wide range of scholarships for international students. Some such scholarships for MIM in UK for international students are:

Scholarship Name

Awarded to

Master’s in Management Merit Scholarship

MIM applicants at London Business School who have clear academic and professional merit.

Amount/Benefit: Upto £12,000

Master’s in Management Merit Scholarship for Women

Women MIM applicants at London Business School who have clear academic and professional merit.

Amount/Benefit: Upto £12,000

Imperial Excellence Scholarships

MIM applicants at Imperial College London, who display all-around excellence in their application and interview performance.

Amount/Benefit: Upto £10,000

Dean’s Impact Scholarship

All successful MIM applicants at Imperial College London who display influential vision and ideas of future impact through the course.

Amount/Benefit: Upto £20,000

Dean’s Academic Excellence Scholarship Programme

Meritorious students pursuing master’s degree under the Business School of the University of Edinburgh.

Amount/Benefit: Upto £5,000 - £10,000

Top Scholarships in UK for International Students

Having discussed the cost and scholarships available for pursuing MIM in UK, let us also take a look at the job opportunities after MIM in UK.

Jobs after MIM in UK

The MIM course in UK paves the way for a rewarding career in the desired direction. The graduates from top MIM colleges in UK are highly in demand and recruited by top companies of the world like:

  • ABS Consulting
  • Balfour Beatty
  • JD Morgan
  • JD Williams
  • JP Morgan
  • PwC
  • Taishin International Bank

Some popular jobs opportunities after MIM and the average MIM salary in UK are as follows

Job Title

Average Salary Per Year

Financial Services Analyst

£54,000 - £78,750

Graduate Research Analyst

£32,500 - £50,000

Investment Banking Analyst

£45,000 - £80,000

Associate Marketing Consultant

£65,000 - £100,000

Marketing Analyst

£45,000 - £75,000

A Complete Guide to Post-study Work Permit in UK for an International Student

Lastly, let’s check the…

Difference between MIM and MBA

You can explore this well-drafted table to explore the difference between a MIM and MBA course in UK.

Parameter

MIM UK

MBA UK

Duration

10-12 months

1-2 years

For

Recent graduates

Experienced professionals

Average Tuition Fee

£24,000 - £44,000

£32,495 - £103,867

Average Salary

£32,500 - £100,000

£32,200 - £117,363

Work Experience

None

2-3 years

Curriculum

Theoretical

Practical + Experience Based

How MIM is Worth?

MIM in UK is far more affordable as compared to other business-related courses like MBA. Secondly, they are accessible even to beginners with little or no work experience in the relevant field. The top-class education system in UK produces great managers having a deeper understanding of the global economy through different MIM courses in UK.

However, when applying to a MIM course, if you face any difficulty or need end-to-end guidance, choose Yocket premium.

Frequently Asked Questions about Masters in Management UK

Ques. Is MIM in UK good?

Ans. UK is a sought-after destination for different MIM programs. A MIM degree from the top universities of UK is definitely worth it for bright career prospects.

Ques. Can one pursue MIM in UK without GMAT?

Ans. Yes. GMAT is an added advantage but not a compulsion for most universities in UK for MIM.

Ques. Is MIM equal to MBA?

Ans. Both MIM and MBA offer individual sets of learnings, advantages, and opportunities. So, it is unfair to compare both the courses on any basis.

Ques. What are the top MIM colleges in UK?

Ans. Apart from the ones discussed above, other top institutes to pursue MSc Management UK include:

Ques. What are the available jobs after MIM in UK?

Ans. After completing MIM course in UK, recruiters from top companies offer job opportunities to the graduates. The average MIM salary in UK ranges from £42,500 - £100,000 per year.