MIM Universities Abroad: Find Out Top MIM Colleges in World for International Students

Master in Management (MIM) is a highly inclusive program and just the correct way to begin your career in the field of finance, consulting, marketing, and entrepreneurship, among many others. Being of European derivation, it has done well in the recent past in catching on in the rest of the world. 

MIMs may be found under diverse names, including M.Sc. in International Business, Master in Business and Economics, M.Sc. in Management, M.Sc. in General Management, or Master in International Management. So, to learn more about top MIM universities in world, we have stated below all the necessary information on the MIM program.

Top MIM Universities in World for International Students

Some of the best MIM colleges in the world permit international students to study in a certain field apart from courses that reinforce their business foundation. The following top MIM colleges in world and MIM QS ranking are:

1. London School of Economics
2. ESSEC France
3. HEC Paris
4. Rotterdam School of Management Erasmus
5. IE Business School, Spain
6. The University of Sydney Business School

So, these are some of the top MIM schools in the world offering MIM programs to international students. Let’s discuss it in detail:

1. London School of Economics

The London School of Economics & Political Science is a world-class centre for its attentiveness to teaching and research across the full range of the political, social and economic sciences. The one-year MIM program offered by this business school allows international students to attend lectures and do better networking.

2. ESSEC France

ESSEC Business School is one of the top universities founded in 1907 and also one of France’s most significant business schools.Apart from the core course and electives, international students are required to complete 18 months of professional work experience.Students are required to study a foreign language during their time at school. Students learn subjects like marketing management, business economics, and organisational theory and behaviour.

3. HEC Paris

HEC Paris is the best school for its research in business studies and numerous programs catering to management. It has an average acceptance rate of 18% for its MIM program. In the first year of the MIM program, an international student learns the foundation courses that comprise electives, case studies, and project work. Students can specialise in management and public affairs, management & business law or management.

4. Rotterdam School of Management Erasmus

The MSc in International Management at Rotterdam School of Management Erasmus aims to advance graduates with a global mindset to prepare for an international career. International students will learn and integrate all aspects of general management and business administration from academics and practitioners and how they can boost their careers in the business world.

5. IE Business School, Spain

The Master in Management at IE Business School is planned for ambitious students to face challenges and maximise new opportunities. The program is composed of 2 periods of core business modules and the third period of speciality. In the core courses during the first two periods’ students will cover the keystones of business management and shape a solid foundation, expanding their outlook to see the business organisation as a whole.

6. The University of Sydney Business School

University of Sydney Business School is a world-class business school. The MIM course offered in this university is perfect for students who want to gain experience in vital business areas, from strategy to digital innovation. The program also emphasises an all-inclusive approach, discovering the essential areas of business from planning to project management.

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Eligibility Criteria and Admission Requirements for Top MIM Universities in World

Pursuing MIM program from top universities has become a prevalent alternative for those who do not want to do an MBA abroad. So, to take admission to the best MIM colleges in the world, there are some basic eligibility criteria that students need to consider; some of them are:

1. Undergraduate Degree
2. Work Experience
3. English Language Proficiency Test Scores
4. GMAT/GRE Score
5. Student Visa
6. Additional Requirements

So, following are the eligibility criteria for international students. Let’s know it in detail:

1. Undergraduate Degree

International students must have a bachelor’s degree from a recognized university. Some top MIM colleges in world have a minimum GPA requirement; students must check that closely.

2. Work Experience

Most MIM programs abroad ask students to have at least 2 years of work experience. So, check with the university how much work experience is required for MIM. 

3. English Language Proficiency Test Scores

International students should clear the English-language proficiency test such as IELTS, TOEFL or PTE with the required score. The minimum score required for the IELTS exam is 6.5, and for TOEFL, it is 90, and the PTE minimum score is 64.

4. GMAT Score 

There are many universities offering MIM program require GMAT scores for admission. The average GMAT score required for program is 610.

5. Student Visa

International students pursuing the MIM program from top schools in the world need to apply for a student visa after receiving the acceptance letter from their chosen applied university. Ensure to get the student visa before the intake of the course begins.

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Documents Required for Best MIM Schools in the World

There are some additional documents required for smooth admission process for MIM program. The following documents are:

1. Academic Transcripts
2. SOP
3. 2 LOR’s
4. Updated Resume
5. Standardised Test Scores: GMAT.
6. Current Photographs (passport size)
7. Valid Student Visa

Admission Process for MIM Universities Abroad

To take admission to top MIM universities abroad, international students need to consider some steps to enrol in the MIM program at their desired university. The following steps are:

1. Research the top universities for MIM and its QS world university rankings MIM.
2. Check with the particular university whether they require students to have studied a particular subject at the undergraduate level, such as a bachelor’s in business or economics.
3. Fill out the application form for the MIM program and pay the required application fee.
4. Most MIM programs do not need professional experience, while some may want students to have a small amount of professional experience, so check with the university before submitting the documents.
5. MIM programs are taught in English, and international students who are not native speakers will usually be asked to submit the TOEFL or IELTS scores, gaining a positive grade to prove their proficiency.
6. Checkout with the university about the GMAT score requirement.
7. After completing and submitting the score required, prepare for the interview rounds.
8. If you cleared the interview rounds for the MIM program, you will get an acceptance letter from the applied university.
9. Revert with the confirmation before the deadline date, as assigned by the university.
10. Apply for a student visa as soon as possible and plan for your journey.

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How to Select the Universities for MIM Program?

To shortlist the best MIM colleges in the world, there are some key points to consider:

1. Check MIM QS Rankings

The most important step is to check the MIM QS ranking of the MIM colleges that offer the program to international students. It will help students identify the top universities according to the QS ranking and then decide which university to apply to.

2. Self-Evaluation

It is a crucial factor when considering admission to top universities abroad, as every university has its selection criteria apart from the basic ones. So, assessing your profile with professionals contradicts the under/ overvaluation you might have done in terms of your potential and the work you have done till now.

3. Specialisation Offered

MIM course has a lot of specialization; you should check for the specialisation in which you want to apply. The MIM courses are fundamental, specialising in finance, consulting, marketing, etc.

4. Admission Requirements

Before applying for the MIM program in universities abroad, you need to check all the admission requirements and other necessary things and ensure you can fulfil all the requirements required by the university.

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Masters of Management are usually much cheaper than other more popular and sought-after business programs, such as masters of business administration. The annual MIM study fee can range from 2,000 to 30,000 EUR, depending on the university, specialisation, and location. So, if you want to know about top MIM colleges worldwide, sign up on Yocket and get detailed information about the same.

Frequently Asked Questions about MIM Universities 

Ques. Is studying MIM abroad worth it?

Ans. MIM degrees are valued particularly for students who pursue them after a bachelor's degree in engineering. The workplace experience is vital for graduates as it adds practical knowledge to the theory they learned in b-schools.

Ques. Which country is the best to study MIM?

Ans. Some of the best countries to study MIM are:

• Italy
• Germany
• Spain
• France
• UK

Ques. What is the duration of the entire course?

Ans. Compared to MBA programs, the course duration of MIM programs is less. The majority of the MIM programs are 1-year or 1.5 years long.

Ques. What are the best universities to study MIM abroad?

Ans. Some of the best universities to study MIM abroad are:

• HEC Paris School of Management
• London Business School
• University of St. Gallen
• IE Business School, Spain