The Master in Management (MIM) is a postgraduate master’s degree awarded to students who normally complete a one to two-year program of graduate-level coursework in business management at an accredited academic institution. It provides general management knowledge for graduates or recent graduates with only a little work experience. Completing the Masters in Management program usually grants a Master of Science or a Master of Arts degree. As the program is designed for students interested in entering leadership roles, the degree attracts applicants from diverse academic disciplines.
The main difference between MBA and MIM is that the MIM helps graduates to start a career while MBA helps young professionals to improve their management career. Masters in Management is for those who are young and want to learn more beyond their bachelor’s degree. MBA, on the other hand, is for those who have already started their careers and need more knowledge to excel in it.
The MIM program structure is similar to that of the MBA, MA in Management and MS in Management degrees. Listed below are some of the Masters in Management:
As with most other Master’s programs, admissions for MIM programs are competitive, hence it is critical to make the right preparations. Although the requirements vary across universities, the basic ones of which include:
Business schools require you to give the GMAT which forms the most important part of your application. Few universities also accept GRE scores in place of GMAT scores.
They also require a minimum of 2-3 years of work experience (depending on the program you intend to join).
IELTS or TOEFL is compulsory for acquiring a student visa and as proof of English proficiency.
A Master's Degree of Management requires the completion of a Bachelor's degree.
STUDY ABROAD GUIDE