The flexible Master in Management (MIM) degree makes starting a career in finance, consulting, marketing, or entrepreneurship easy. European in origin, it is now well-known all over the world. Known by several names, including Master of International Management, Master of Business and Economics, or Master of International Business, MIMs provide thorough training to launch a variety of occupations.
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10 Top MIM Universities in the World for International Students
Aside from classes that strengthen their foundation in business, several of the top MIM colleges in the globe allow international students to pursue studies in a particular field. The world's top MIM colleges and the MIM QS ranking are as follows:
1. London School of Economics
The dedication of the London School of Economics & Political Science to teaching and research in the entire field of political, social, and economic sciences has made it a globally recognized university. This business school offers a one-year MIM program that enables international students to attend lectures and hone their networking abilities.
|
Country |
United Kingdom |
|
University Type |
Public |
|
Ranked 40th globally |
|
|
Program Offered |
MSc in Management |
|
MIM Program Fee |
34,584 EUR/ per year |
2. ESSEC France
Would you like a world-class business education with a touch of France? The best option is ESSEC Business School. It was founded in 1907 and has matured to perfection, much like a good wine in business schools. This isn't just about studying; you'll be thrown into the real world with an 18-month work placement. Oh, and practice saying "bonjour," as you'll also be learning a new language. ESSEC can help you with anything from data analysis to understanding consumer behavior. It's the epicenter of business acumen, served with croissants and a dash of global flavor. Ideal for anyone seeking to blend business acumen with a multicultural touch!
|
Country |
France |
|
University Type |
Private |
|
Ranked 56th globally- |
|
|
Program Offered |
MSc in Management |
|
MIM Program Fee |
19,200 EUR/ per year |
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3. HEC Paris
HEC Paris is the leading university for business studies research and a wide range of management-focused programs. Its MIM program has an average acceptance rate of 18%. An overseas student studies the foundation courses in the MIM program's first year, including electives, case studies, and project work. Students can focus on management, management and business law, or management and public affairs.
|
Country |
Paris |
|
University Type |
Private |
|
Ranked 27th globally |
|
|
Program Offered |
Master in Management |
|
MIM Program Fee |
43,500 EUR/ per year |
4. Rotterdam School of Management Erasmus
The MSc in International Management program offered by Erasmus University at the Rotterdam School of Management prepares students for careers in a global setting. The curriculum combines all facets of general management and business administration, taught by academics and practitioners, and strengthens attitude.
|
Country |
Netherlands |
|
University Type |
Public |
|
-Ranked 70th globally |
|
|
Program Offered |
MScBA Master in Management |
|
MIM Program Fee |
20,700 EUR/ per year |
5. IE Business School, Spain
The IE Business School's Master of Management program assists aspirational learners in taking advantage of opportunities and overcoming novel obstacles. The curriculum consists of three periods: one for specialization and two for the main business disciplines. During the first two periods, students establish a solid knowledge of business management and how companies are organized.
|
Country |
Spain |
|
University Type |
Private |
|
-Ranked 50th globally |
|
|
Program Offered |
Master in Management |
|
MIM Program Fee |
38,200 EUR/ per year |
6. The University of Sydney Business School
The University of Sydney Business School offers top-notch MIM courses ideal for students who wish to specialize in digital innovation and strategy, two crucial business subjects. The program provides a thorough business education covering important topics like planning and project management.
|
Country |
Sydney |
|
University Type |
Public |
|
Ranked 19th globally- |
|
|
Program Offered |
Master of Management |
|
MIM Program Fee |
30,725 EUR per year |
Suggested: Best MIM Colleges Without GMAT for International Students
7. London Business School
Situated in the center of the city, London Business School provides one of the best MIM programs in the country. The curriculum, well-known for fusing academic brilliance with practical application, offers students many chances to intern with global corporations.
|
Country |
United Kingdom |
|
University Type |
Public |
|
Ranked 21st globally- |
|
|
Programs Offered |
Global Masters in Management Masters in Analytics and Management Masters in Financial Analysis |
|
MIM Program Fee |
36,600 EUR or 30,00,000 INR per annum |
8. Imperial College London (Imperial College Business School)
Imperial College London is among the top universities in the UK for MIM programs. With genuine case studies and interactive exercises involving top international corporations and outside organizations, the curriculum combines classroom instruction with real-world experience.
|
Country |
United Kingdom |
|
University Type |
Public |
|
Ranked 6th globally |
|
|
Programs Offered |
MSc International Management |
|
MIM Program Fee |
31,800 EUR or 25,00,000 INR per annum |
9. ESADE Spain
Businesses have many challenges when their international students are enrolled in MIM courses. They have to evaluate the problems and suggest a fix. Thanks to the training, you will be able to read critical management information and operate in a global environment. MIM alums receive practical experience during their studies and are equipped to handle future leadership difficulties. ESADE Spain
|
Country |
Spain |
|
University Type |
Private |
|
Ranked 56th globally |
|
|
Program Offered |
MIM |
|
MIM Program Fee |
36,417 EUR or 28,00,000 INR per annum |
10. University of Bocconi
The University of Bocconi in Italy is renowned for its traditional methods of teaching public administration, business, law, and finance. The institution is well known for offering the best MIM programs in Europe. International students have the chance to make a difference and gain international experience and a global perspective.
|
Country |
Italy |
|
University Type |
Private |
|
Ranked 65th globally |
|
|
Program Offered |
MIM, MSc in International Management |
|
MIM Program Fee |
22,000 EUR or 18,00,000 INR per annum |
Eligibility & Admission Requirements for Top MIM Universities in the World
Applying to the best MIM schools worldwide is getting more and more popular than going abroad to pursue an MBA. Therefore, to get admitted to the top MIM schools in the globe, aspirants must meet a few requirements, some of which are listed below:
- Undergraduate Degree
- Work Experience
- English Language Proficiency Test Scores
- GMAT/GRE Score
- Student Visa
- Additional Requirements
Undergraduate Degree
International candidates must be graduates of an accredited university with a bachelor's degree. Students should carefully review some of the best MIM colleges in the world's minimal GPA requirements.
Work Experience
MIM programs overseas require applicants to have worked for at least two years. Thus, find out from the university how much professional experience is necessary for MIM.
English Language Proficiency Test Scores
International students need to get the necessary score on an English language proficiency exam, such as the PTE, TOEFL, or IELTS. For the IELTS, a minimum score of 6.5 is needed; for the TOEFL, it's 90; and for the PTE, it's 64.
GMAT Score
Many universities with MIM programs require GMAT scores to be admitted. The average GMAT score required for the program is 610.
Suggested: Difference Between MIM and MBA
Documents Required for Best MIM Schools in the World
For the world's best MIM programs to have a seamless admissions procedure, a few more documents are needed. The documents listed here are:
- Academic Transcripts
- SOP
- 2 LOR’s
- Updated Resume
- Standardized Test Scores: GMAT.
- Current Photographs (passport size)
- Valid Student Visa
Suggested: Sample SOP for MIM
Admission Process for MIM Universities Abroad
International students must think about a few procedures to enroll in the MIM program at their selected university to be considered for admission to top MIM universities worldwide. The actions that come next are:
- Use the QS World University Rankings to find the top MIM colleges.
- Ask the particular university whether there are any prerequisite requirements, like a bachelor's degree in business or economics.
- Fill out the application for the MIM program and submit it together with the required application fee.
- While some MIM programs may need students to have some professional experience, most do not verify with the university before submitting the necessary paperwork.
- English is the medium of instruction for MIM programs. International students who are not natural speakers of the language must normally submit their TOEFL or IELTS scores and obtain a passing score to prove their English language proficiency.
- Inquire about the required GMAT score while checking out with the university.
- Once the necessary score has been completed and submitted, get ready for the interview stages.
- If you completed the MIM program's interview rounds, you will receive an admission letter from the applicant's university.
- Before the time set by the university, respond with the confirmation.
- As soon as you can, start making travel plans and apply for a student visa.
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Average Cost to Study MIM Abroad
Depending on the university you are attending, the top 10 MIM colleges have different costs associated with their MIM programs. The average annual fee for MIM abroad is around USD 34,834 or 27,10,757 INR. Furthermore, the country and your living circumstances impact the cost of living. The annual cost of living for MIM is around USD 5,700, or 4,43,578 INR.
How to Choose Universities for the MIM Program?
There are a few important factors to take into account when narrowing down the top MIM colleges worldwide:
Check MIM QS Rankings
The most crucial step is checking the MIM QS ranking of the top 10 MIM universities worldwide that provide the program to overseas students. After identifying the top universities based on the QS ranking, students will find it useful to determine which universities to apply to.
Self-Evaluation
It is an important consideration for admission to prestigious institutions overseas because each university has selection standards that go beyond the fundamentals. Therefore, having professionals evaluate your profile challenges any under- or underestimation of your potential and accomplishments too far.
Specialisations Offered
Numerous specializations are available in MIM courses; you should confirm the one you wish to apply for. The foundational MIM courses focus on marketing, consulting, finance, and other areas.
Admission Requirements
Before applying to a MIM program at a foreign university, you should review the prerequisites for admission as well as extra specifications to make sure you can complete them.
Suggested: Best Jobs after MIM for International Students
Compared to other more well-known and in-demand business degrees, such as master of Business Administration, master of Management programs are typically far less expensive. The annual study fee for MIM might vary, based on the location, specialization, and university, from 2,000 to 30,000 EUR. Thus, register on Yocket to obtain comprehensive information on the best MIM colleges in the world.
From The Desk Of Yocket
The Master in Management (MIM) program is becoming increasingly well-known globally as a top route into finance, consulting, marketing, and entrepreneurship. With origins in Europe, this adaptable degree provides a strong basis for business concepts and frequently consists of specialist tracks. Top universities offering MIM programs that combine academic rigor with real-world experience include the London School of Economics, HEC Paris, and ESSEC France.
Our mission at Yocket is to support you in negotiating the challenging terrain of overseas education. The greatest MIM programs in the world are fully described on our website, along with their rankings, fees, and admission requirements. We recognize the need to choose your education and career with knowledge. From evaluating your profile to choosing a university, let Yocket Premium be your guide as you investigate MIM options to make sure you discover the ideal fit.
