Complete Guide to MIM in UK: Top MIM Colleges in UK, Admission Requirements, Cost & More Image
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Complete Guide to MIM in UK: Top MIM Colleges in UK, Admission Requirements, Cost & More

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Yocket Editorial Team
23 mins read
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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 course in UK 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.

 

Graduates 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:

  1. Why Study MIM in UK?
  2. Eligibility Criteria and Admission Requirements for MIM in UK
  3. Documents Required for MIM in UK
  4. Admission Process for MIM in UK
  5. Top 5 Universities for MIM in UK
  6. Cost of Studying MIM in UK
  7. MIM Scholarships in UK
  8. Jobs after MIM in UK
  9. Frequently Asked Questions about Masters in Management UK

 

Why Study MIM in UK?

 

Before pursuing any program you must know of the benefits and future prospects of that particular program. Let us address your first query by taking you through the benefits of studying MIM in 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 to 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 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 organizations of the world. The skillfully designed curriculum molds the students to be responsible and productive professionals.

 

 

SUGGESTED : Complete Guide to Pursuing MBA in UK

 

Let us now discuss the admission requirements and process of pursuing masters of management in UK:

 

Eligibility Criteria and Admission Requirements for MIM in UK

 

The needs and requirements for MIM in UK admission depend upon the university to university. Some basic requirements for Masters in Management in UK by top universities are:

 

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

 

Let us now take a closer look at the requirements and eligibility 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.

 

Language Requirements

 

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

 

 

Passport and Visa

 

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

 

SUGGESTED: Find out all about the UK student visa for international students

 

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 qualification
  • 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. Do also include your specific area of interest and any prior achievements you have.

 

Admission Process for MIM in UK

 

DeeA step by step guide to apply for MIM in UK is as follows:

  1. Finalize the university where you want to apply for the MIM course in UK.
  2. Visit the official university website and collect all data relating to eligibility and the admission process.
  3. Upload scanned copies of all the required documents (transcripts, CV, IELTS/TOEFL, GMAT/GRE scorecards)
  4. Fill the desired application form and pay the fee.
  5. Once you fulfill 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.
  6. Pay your deposit by agreeing to the terms and conditions of the university. The deposit is non-refundable.

 

SUGGESTED: Know all about the Intakes & Deadlines for UK

 

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

 

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 top MIM colleges 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 one by one:

 

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 2022

NA

Programs Offered

Global Masters in Management

Masters in Analytics and Management

Masters in Financial Analysis

Average Tuition Fees Per Year

£36,600

 

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 2022

7

Programs Offered

MSc International Management

MSc Economics & Strategy for Business

MSc Strategy Marketing

Average Tuition Fees Per Year

£31,800

 

3. University of Warwick (Warwick Business School)

 

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

Type

Public

QS World Ranking 2022

61

Programs Offered

MSc Management of Information Systems & Digital Innovation

MSc Marketing & Strategy

Average Tuition Fees Per Year

£32,250

 

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 top independent rankings for quality of education and research. At Durham you learn from a highly qualified faculty who are best in their fields. They help to develop your analytical skills by engaging you in various practical settings.   

University Type

Public

QS World Ranking 2022

82

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

£27,000

 

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 2022

90

Programs Offered

MSc Management (Strategy Pathway)

MSc Management (International Business)

MSc Management (Operations Pathway)

Average Tuition Fees Per Year

£25,740

 

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.

 

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 range between £25,000 to £70,000 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 £1,215 - £1,715 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

£680 - £810

Food

£290 - £410

Stationery

£45 - £100

Social Activities

£45 - £120

Personal Items

£135 - £260

Miscellaneous

£20 - £55

 

SUGGESTED : 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

 

SUGGESTED: Take a look at the 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 -

 

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 after Masters in Management UK with their average salaries are:

 

Job Title

Average Salary Per Year

Financial Services Analyst

£30,000 - £78,000

Graduate Research Analyst

£45,000 - £90,000

Investment Banking Analyst

£45,000 - £80,000

Associate Marketing Consultant

£65,000 - £100,000

Marketing Analyst

£45,000 - £75,000

 

SUGGESTED: A complete guide to post study work permit in UK for an international student

 

This brings us to the end of the blog. But before we wrap up, let us answer a few commonly asked questions that you may have about MIM in UK:

 

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. 

 

Frequently Asked Questions about Masters in Management UK

 

  1. 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.

 

  1. Can one pursue MIM in UK without GMAT?

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

 

  1. 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.

 

  1. What are the top MIM colleges in UK?

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

  • University of Edinburgh
  • King’s College London
  • London School of Economics and Political Science

 

  1. 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 salary of different jobs after MIM in UK ranges from £40,000 - £100,000 per year.

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