Masters in Management, abbreviated to MIM is a useful next step for aspiring leaders. A fresh graduates with an interest in pursuing management careers can opt for this programme irrespective of the educational background they are coming from.
What is MIM?
MIM is a postgraduate program in general management. The duration of the programme is usually ranges between one to two years depending on the country, institution and particular program.
Usual Course Structure:
The first part of the degree will be spent on talking a set of required courses, covering subjects such as analysis in management, business culture, business strategy, entrepreneurship, foundations of management, introduction to accounting/economics, leadership and motivation, managerial economics, public relations, organizational behavior and research skills.
On the second part Students then choose from a set of more specialized courses to concentrate on their main area of interest. Possible specializations include accounting, corporate communications, economics, finance, human resources, information systems, international business, logistics, marketing management, operations management, statistics, strategic management and sustainability and social responsibility.
Entry requirements for a Masters in Management
The entry requirements are not subject-specific for most of the B Schools, candidates are accepted from a wide range of disciplines, including business, economics, Statistics, engineering, science and arts. Most of the Masters in Management programs are designed for those,who has little(less than two years) or no work experience, Therefore many students enrolling straight after completing an undergraduate degree. Statistics of an MIM Class:
|Avg Work experience ranges between (in months)||0-24|
|Avg Age group||23|
Admission Term: MIM has two major Intakes.
- Fall (Class starts from September)
- Spring (Class starts from January)
Top B Schools for MIM:
Europe was the most proliferating geographic area for the Masters in Management program, however with increasing demand, the USA and Asia have also started offering this program. Some top B-Schools for MIM are: * University of St. Gallen(Switzerland) * HEC Paris(France) * Essec Business School (France) * London Business School(UK) * Duke Fuqua (USA) * SMU(Singapore) Average Study Cost: USD 46,000 Average Salary Offered: USD 75,000 Top Recruiters: Wipro, Amazon, McKinsey & Company, Siemens, HCL, Deloitte, Accenture, Google, KPMG, Oliver Wyman, IBM, HSBC, Bank of America, American Express Company etc.