Why study MIM abroad?

MIM provides management fundamentals for global careers in consulting, finance, marketing, etc. Studying abroad allows post-study work experience. MIM graduates can later pursue an MBA.

How does an MIM differ from an MBA?

MIM is for those with 2 years of experience. MIM provides management knowledge for early careers and an MBA for experienced professionals.

What subjects are covered in MIM?

Subjects like finance, management, marketing, operations, HR, and economics - similar to MBA. Some general, and some specialized concentrations.

Is MIM better than an MBA?

MIM for starting your career, MBA for experienced professionals facing career stagnation. Can pursue MBA after MIM.

Can I pursue MIM without a GMAT?

Yes, reputed universities like Technical University Berlin, University of Calgary, University of Manchester, Imperial College, Boston University, and NYU Stern accept MIM without GMAT, just an English test. Verify requirements.

Top 10 MIM Programs in the World: Country Wise

Masters in Management (MIM) programs are postgraduate degrees that provide students with valuable managerial skills. International students get an opportunity to learn business and management principles from a global perspective by studying MIM overseas. Studying MIM abroad opens opportunities for cross-cultural interactions that can shape your career prospects in addition to your academics. 85% of the students aged less than 24 years pursue an MIM degree abroad.

Do you know that the average salaries of the individuals who pursued a MIM degree abroad surpass the $110,000 mark with rapid career advancement in 2-3 years? The average tuition fee for pursuing the MIM program ranges between $1100 to $2400 per year. Hence, the return on investment is higher after studying MIM. After graduating you will get an opportunity to work in industries such as consulting Services, financial services, technology, investment banking and asset management, consumer products, and many more.

Securing admission to the top universities for the MIM program requires error-free and sound applications. This seems to be a complex process. But worry not! Yocket Premium will help you understand the universities offering MIM programs, their prerequisites, profile building, visa application, and many more. With 4,500+ admissions to the top 100 universities worldwide and dozens of admits in 2024 already, Yocket Premium can help you achieve your study abroad dreams too!

Table of Content

1. About the MIM Program Abroad
2. 10 Best MIM Programs in the World
3. MIM in the USA
4. MIM in the UK
5. MIM in Canada
6. MIM in Germany
7. Job Prospects after Studying MIM

Get a personalized list of top universities and courses tailored just for you by our experts

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About the MIM Program Abroad

The following information outlines details about MIM programs worldwide:

85% of students are under 24 years old
The most popular undergraduate background is Business/Economics (64%)
The UK, France, Germany, the USA, and the Netherlands are the top 5 MIM study destinations
Consulting, Financial Services, Technology, Investment Banking/Asset Management, and Consumer Products are the top 5 hiring industries.
Consulting, Strategy, General Management, Marketing/Advertising/Brand Management, and Finance/Accounting are the top 5 job domains

Now that you understand what the MIM program entails, here are details on the top global MIM programs:

10 Best MIM Programs in the World

The table below presents the top 10 MIM programs globally, each offering unique courses and career opportunities, addressing the common confusion among students about the best MIM programs.

Top MIM Universities	Program Name	Course Details and Class Profile	Job Outcome or Average Salary
London Business School	Masters in Management (MIM)	Fees: £44,900 (INR 46,77,430) Duration: 12-16 months Exams: GMAT or GRE English Language Tests: TOEFL/ IELTS/ PTE	96% of students get employed within 3 months of graduation
Imperial College Business School	MSc Management	Fees: £34,400 (INR 35,83,600) Duration: 1 year English Language Tests: IELTS/ TOEFL/ Duolingo	98% of students get employed within 3 months of graduation
London School of Economics	Master's in Management (MIM)	Fees: £36,480 (INR 38,00,280) Duration: 12 months Exams: GMAT or GRE English Language Tests: TOEFL/ IELTS/ PTE	Hiring Companies are Air France, Amazon, Chevron, Barclays, HSBS, etc.
Duke University	Master of Management Studies (MMS)	Fees: $59,300 (INR 49,52,920) Duration: 10 months Exams: GMAT or GRE	Average Salary: $58,000 (INR 48,44,340) per annum
NYU Stern	MS – Different areas such as Accounting, Data Analytics, Business Computing, Marketing and Retail Science, etc.	Fess: $60,436 (INR 50,47,800) Duration: 1 year English Language Tests: IELTS/ TOEFL/ Duolingo	93% for MS Accounting
University of Michigan	Master of Management	Fees: $54,985 (INR 45,92,520) Duration: 10 months Exams: GMAT or GRE English Language Tests: IELTS/ TOEFL	Average Salary: $66,000 (INR 55,12,520)
Texas A&M University	Master of Science in Business (MS Business)	Fees: $55,800 (INR 46,60,590) Duration: 11 months Exams: GMAT or GRE English Language Tests: IELTS/ TOEFL	Average Salary: $54,174 (INR 45,24,780)
HEC Paris	Master in Management (MIM)	Fees: € 24,650 (INR 25,67,900) per year Duration: 2 years Exams: GMAT or GRE English Language Tests: IELTS/ TOEFL	99% of graduates employed within 3 months Average starting salary: €66,000 (INR 68,75,520)
ESADE, Spain	Master in International Management	Fees: €33,500 (INR 34,89,840) Duration: 1 year Exams: GMAT or GRE English Language Tests: IELTS/ TOEFL	99% of graduates employed within 3 months Average starting salary: €49,369 (INR 51,42,990)
University of British Columbia (UBC)	Master of Management	Fees: CAD 53,147 (INR 32,27,390) Duration: 9 months Exams: GMAT or GRE English Language Tests: TOEFL/ IELTS/ PTE	60% of graduates were employed within 90 days of graduation

Below are the top MIM universities list along with course names and course details country-wise.

Explore Destinations

MIM in the USA

The table provides information on MIM in the USA, including university, course, and course details.

Top MIM Universities	Course Name	Course Details
Northwestern University (Kellogg School of Management)	MS in Management Studies (MSMS)	Fees: $62,349 (INR 52,07,580) Duration: 10 months Exams: GMAT/ GRE
Yale University	Master’s in Global Business & Society	Fees: $79,500 (INR 66,40,080) Duration: 1 year Exams: GMAT/ GRE
Boston University	Master in Management Studies	Fees: $61,050 (INR 50,99,080) Duration: 1 year Exams: GMAT/ GRE (Optional)

MIM in the UK

The table provides information on MIM in the UK, including university, course, and course details.

MIM Universities	Course Name	Course Details
Warwick Business School	MSc Management	Fees: €33,800 (INR 35,21,100) Duration: 1 year Exams: IELTS/ PTE/ TOEFL
Manchester (Alliance), University of Manchester	MSc Management	Fees: £28,000 (INR 29,16,890) Duration: 1 year Exams: IELTS/ PTE/ TOEFL
University of Edinburgh	MSc Management	Fees: £29,500 (INR 30,73,150) Duration: 1 year Exams: IELTS/ PTE/ TOEFL

MIM in Canada

The table provides information on MIM in Canada, including university, course, and course details.

MIM Universities	Course Name	Course Details
University of Calgary	Master of Management (MMgmt)	Fees: CAD 47,070 (INR 28,58,360) Duration: 10-12 months Exams: GMAT (Optional)
University of Manitoba	Master of Science (MSc) in Management	Fees: CAD 6,323 (INR 3,83,970) per term Duration: 2 years Exams: GMAT/ GRE
McGill University	Master of Management – Different areas such as Analytics, Finance, etc.	Fees: CAD 57,600 (INR 34,97,800) Duration: 12-20 months Exams: GMAT/ GRE

MIM in Germany

The table provides information on MIM in Germany, including university, course, and course details.

MIM Universities	Course Name	Course Details
Technical University of Munich	Master of Science (MSc) in Management	Fees: No tuition fees Duration: 4 semesters Exams: GMAT
Technical University of Berlin	Master of Science in Innovation Management, Entrepreneurship, and Sustainability (IMES)	Fees: Semester fee of €320 (INR 33,330) Duration: 4 semesters Exams: TOEFL/ IELTS/ Duolingo
Munich Business School	Master of Arts International Business	Fees: €24,000 (INR 25,00,190) Duration: 18-24 months Exams: TOEFL/ IELTS

Job Prospects after Studying MIM

The job prospects of MIM are influenced by factors like university, location, specialization, and networking skills. The job prospects of MIM can be evaluated by considering the following points:

Employed in consulting, financial services, technology, investment banking, consumer products, oil/gas, etc.
Top recruiters include Nestle, PwC, Unilever, UBS, KPMG, Jaguar Landrover, HSBC, Deloitte, Coca-Cola, EY, Bloomberg, BCG, etc.
Average salaries range from $50,000 - $110,000 (INR 41,76,150 - INR 91,87,540), varying by university

From the Desk of Yocket

MIM program is gaining prominence due to several factors like its renowned faculty, rigorous curriculum, return on investment, networking advantages, and more. Whether you are a recent graduate or a professional seeking to enhance your management skills, pursuing a MIM can be a transformative step toward something new yet successful.

Choosing the right university and the right MIM program that matches your test scores requires extensive research. Reach out to Yocket experts, to help you assist in your study abroad journey. They will provide end-to-end assistance from shortlisting universities to the visa application process. So, what are you waiting for? Schedule A FREE Video Consultation Call Today!