Master’s in Management or the popularly known MiM programs are gaining more popularity, specifically from Indian applicants. Compared to the top-ranked MBA programs in the world, the MiM degrees do not need a work experience of 4 or more years. Students with little (less than 2 years) or no work experience can gain admission to the best of the programs.
In this article, you will get to know some of the unknown details about MiM degrees. Do you know that some of the top universities in the United States of America also offer MiM degrees? Although they come under MS programs (Master of Science), these are not very much popular among Indians like the European or UK programs.
Also, did you know that in Canada if you want to pursue a MiM degree, you should not have a bachelor’s degree in Business? In this article, we will explore the various types of MiM degrees and the important distinctions from the European business schools.
The Most Popular MiM Degrees in the World
1. MiM in Europe
Europe is undoubtedly the favourite location for international students to pursue a MiM degree. This is because the countries have a wide range of programs that include general management and multiple options for specializations. Most importantly, the programs range from 1 to 2 years. You will find programs that end in 12 months, some with 17 or 18, 21 months, and others for 24 months. This helps the students to have a more flexible option that can suit their circumstances and needs.
Although most of the MiM programs require work experience of fewer than 2 years, some of the universities relax the criteria to a total of 3 years (Example: Maastricht School of Management, Netherlands). An important factor you should consider if you are going to pursue MiM in Europe is that you should always have a good GRE or GMAT score. Some of the universities have their own exams too (Example: Frankfurt School of Finance and Management, Germany). If you are a high scorer in your GMAT/GRE, a few universities will give you direct admission (Example: Maastricht University, Netherlands). Now, this is something you won’t generally find in the US or the UK.
Did you know that you can apply to the top 5 schools together in France (Audencia Business School, Emlyon Business School, ESCP Europe, HEC Paris, and Skema BS) – Join a School in France (Jasif)? This is one of the unique application processes that you will only find in France. Not only you will be able to save time and money, but also write a set of 3-5 short essays with approximately 500 characters instead of long essays for each business school.
2. MiM in the UK
The UK has always been one of the most popular destinations for Indians to pursue higher studies and MiM programs are no different. However, in the UK these are mainly MSc (Master of Science) in Management programs, and the majority of them are 1 year in duration, with some exceptions like London Business School. Similar to Europe, you will also find numerous specializations in Business schools across the UK which allows the student to personalize their studies.
In the UK, if you aiming at the top MiM programs like LBS or Warwick Business School, then you will need to give a GRE or GMAT score along with your application. However, other universities, even the top-ranked universities like Imperial College London or University College London do not require GRE/GMAT scores as a mandatory part of the application. So, if you are applying to the UK, based on your target schools and academic performance you can plan to take or avoid taking the standardized tests.
3. MiM in the USA
The USA is undeniably one of the best countries to study business and management. With the prestigious M7 Business schools known for their MBA and Executive programs, they did not have a dedicated MiM programs like in Europe or UK. However, recently a lot of the colleges has started Masters in Management Programs, often with specializations. A major factor for international students who plan to complete their Masters in Management from the US is that you should not have studied pure business programs in your Bachelor’s degree. The MiM program in the US is for students who have studied a different discipline like Arts, Humanities, Social Sciences, or any other except business to gain specific skills related to the management field and/or transition into the same. Further, most of the MiM programs will be completed within 10 months. All of the universities will be requiring GRE or a GMAT score unless a waiver is granted by the university based on your request.
Some of the best Business schools like Michigan Ross, Duke Fuqua, and Northwestern Kellogg offer Masters in Management programs. Interestingly Northwestern Kellogg’s MSMS+One Year MBA helps you to get an MBA after you graduate and enter the workforce.
4. MiM in Canada
The Master’s in Management programs in Canada are typically a 1-year and strictly for non-business undergraduate degree holders. Additionally, the applicant will need a decent or good GRE/GMAT score for their application. Compared to Europe and the UK options in Canada are limited, which also makes the admission process a bit competitive.
5. MiM in Australia
Australia has some of the best universities in the world and thus, some of the best MiM programs too. The MiM programs do have flexibility ranging from 1to 2 years in the country. Some of the universities known for MiM programs in Australia are the University of Sydney, the University of Melbourne, and Monash University. Similar to the UK, GRE or GMAT scores are not mandatory for the application process. They also have a wide range of specialization available within the MiM programs as well as within the business schools.
Conclusion
In this article, we have detailed the MiM programs in different countries for interested and prospective students. As each applicant has their own priorities and interests, we believe the information provided will be useful in making an informed decision.
If you need more guidance regarding choosing the right career and opting for the appropriate degree, try online counselling now!
