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 the top MIM universities in world, we have stated below all the necessary information on the best MIM programs in the world.
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10 Top MIM Universities in the 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:
- London School of Economics
- ESSEC France
- HEC Paris
- Rotterdam School of Management Erasmus
- IE Business School, Spain
- The University of Sydney Business School
- London Business School
- Imperial College London (Imperial College Business School)
- ESADE Spain
- University of Bocconi
So, these are some of the top MIM schools in the world offering the best MIM programs in the world to international students. Let’s discuss in detail:
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
|
Country |
United Kingdom |
|
University Type |
Public |
|
QS World University Ranking 2023 |
56 |
|
Program Offered |
MSc in Management |
|
MIM Program Fee |
34,584 EUR/ per year |
ESSEC France
ESSEC Business School is one of the top MIM colleges in world 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.
|
Country |
France |
|
University Type |
Private |
|
QS World University Ranking 2023 |
- |
|
Program Offered |
MSc in Management |
|
MIM Program Fee |
19,200 EUR/ per year |
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.
|
Country |
Paris |
|
University Type |
Private |
|
QS World University Ranking 2023 |
- |
|
Program Offered |
Master in Management |
|
MIM Program Fee |
43,500 EUR/ per year |
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.
|
Country |
Netherlands |
|
University Type |
Public |
|
QS World University Ranking 2023 |
- |
|
Program Offered |
MScBA Master in Management |
|
MIM Program Fee |
20,700 EUR/ per year |
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.
|
Country |
Spain |
|
University Type |
Private |
|
QS World University Ranking 2023 |
- |
|
Program Offered |
Master in Management |
|
MIM Program Fee |
38,200 EUR/ per year |
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.
|
Country |
Sydney |
|
University Type |
Public |
|
QS World University Ranking 2023 |
- |
|
Program Offered |
Master of Management |
|
MIM Program Fee |
30,725 EUR per year |
Best MIM Colleges Without GMAT for International Students
London Business School
London Business School, located in the centre of London, is a well-known school providing some of the best MIM programs in UK. The curriculum has a well-deserved reputation for expertly blending academic quality with practical experience. It provides students with several possibilities to obtain hands-on experience in a real-world business setting through internships with global corporations and enterprises.
|
Country |
United Kingdom |
|
University Type |
Public |
|
QS World Ranking 2023 |
- |
|
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 |
Imperial College London (Imperial College Business School)
Imperial College London is another one of the best universities for MIM in UK. The MIM program's curriculum is a unique blend of academic study and application in real-world circumstances. This is accomplished through realistic case studies and hands-on assignments with some of the world's greatest firms and other outside groups.
|
Country |
United Kingdom |
|
University Type |
Public |
|
QS World Ranking 2023 |
7 |
|
Programs Offered |
MSc International Management |
|
MIM Program Fee |
31,800 EUR or 25,00,000 INR per annum |
ESADE Spain
International students pursuing MIM courses are given several obstacles faced by businesses while enrolled in this program. They must analyse the issues and propose a solution. The training equips you to work in a worldwide context and to read crucial management information. While studying this course, MIM graduates gain real-world experience and are well-prepared for the leadership challenges further.
|
Country |
Spain |
|
University Type |
Private |
|
QS World Ranking 2023 |
6 |
|
Program Offered |
MIM |
|
MIM Program Fee |
36,417 EUR or 28,00,000 INR per annum |
University of Bocconi
Located in Italy, the University of Bocconi is known for its rich culture and traditional teaching methods in the field of management, law, finance, public administration, etc. The university is world famous for offering the best MIM courses in Europe. International students get an opportunity to stand out, thereby achieving a global perspective and an international experience.
|
Country |
Italy |
|
University Type |
Private |
|
QS World Ranking 2023 |
12 |
|
Program Offered |
MIM, MSc in International Management |
|
MIM Program Fee |
22,000 EUR or 18,00,000 INR per annum |
Eligibility Criteria and Admission Requirements for Top MIM Universities in World
Pursuing top MIM programs in world 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:
- Undergraduate Degree
- Work Experience
- English Language Proficiency Test Scores
- GMAT/GRE Score
- Student Visa
- Additional Requirements
So, following are the eligibility criteria for international students. Let’s know the requirements to at best colleges for MIM in world:
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.
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.
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.
GMAT Score
There are many universities offering MIM program require GMAT scores for admission. The average GMAT score required for program is 610.
Difference Between MIM and MBA
Documents Required for Best MIM Schools in the World
There are some additional documents required for a smooth admission process for top MIM programs in world. The following documents are:
- Academic Transcripts
- SOP
- 2 LOR’s
- Updated Resume
- Standardised Test Scores: GMAT.
- Current Photographs (passport size)
- 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:
- Research the top universities for MIM and its QS world university rankings MIM.
- 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.
- Fill out the application form for the MIM program and pay the required application fee.
- 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.
- 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.
- Checkout with the university about the GMAT score requirement.
- After completing and submitting the score required, prepare for the interview rounds.
- If you cleared the interview rounds for the MIM program, you will get an acceptance letter from the applied university.
- Revert with the confirmation before the deadline date, as assigned by the university.
- Apply for a student visa as soon as possible and plan for your journey.
MIS vs MEM vs MIM vs MBA - Which is Best?
Average Cost to Study MIM Abroad
The MIM fees at top 10 MIM colleges in world depend on the university you are pursuing your program in. On an average, the MIM fee is around USD 34,834 / 27,10,757 INR yearly. Also, the cost of living completely depends on the country and your living conditions. On average, the cost of living for MIM is around USD 5,700 or 4,43,578 INR per annum.
How to Choose Universities for MIM Program?
To shortlist the best MIM colleges in the world, there are some key points to consider:
Check MIM QS Rankings
The most important step is to check the MIM QS ranking of the top 10 MIM colleges in world 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.
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.
Specialisations Offered
MIM courses have a lot of specialisations; you should check for the specialisation in which you want to apply. The MIM courses are fundamental, specialising in finance, consulting, marketing, etc.
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.
Best Jobs after MIM for International Students
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.