Job prospects of MIM

MIM is a one or two-year program that focuses on marketing, accounting or finance. MIM is popular in Europe as an MSc in Management. MIM or MSc in Management is designed for those who are starting their careers or for those with little work experience. Read the article to understand the job prospects of MIM, eligibility, salary and top institutes offering MIM.

MIM and MSc in Management are two sides of the same coin. A MIM program abroad includes personality development sessions that improve interpersonal skills and teamwork. Apart from this, the case studies are an integral part of this course and will help understand how a manager’s decision can impact a business that generates profits for a company. So, suppose you want a job after MSc Management in a managerial or supervisory position. In that case, this course is perfect for developing the skills and knowledge to resolve organizational conflicts, make controlled decisions, and improve team functioning.

MIM Course Details

MIM full form is a Masters in Management. This is a specialised postgraduate course which is at par with an MBA abroad. A 1.5-2 year long program, MIM is offered across various top B-schools abroad. Usually, fresh graduates or graduates with one or two years of work experience pursue MIM to add to their skills. Usually, graduates who want a degree in business management go for MBAs. However, pursuing an MBA is not only expensive but the admission criteria for MBAs are also difficult in comparison to MIM. In the last decade, MIM has become a popular alternative for those who do not want to do an MBA. Students with a bachelor’s degree in engineering are preferred to pursue a MIM degree.

Pursuing MIM is way cheaper than pursuing an MBA program. Another popular reason for students going for this degree is the work experience required for getting into a MIM degree. Traditional B-schools require significant work experience to get into an MBA program, whereas, in MIM, one can easily get admission with one or two years of work experience or with no work experience.

Please note: For admissions to MIM courses, applicants would need to submit GMAT and IELTS or TOEFL scores and fulfil other criteria of admission as well. 

Read: MBA v/s MIM v/s MA in Management: Know the Difference

Top Universities for MIM with Salaries

Following are some of the most renowned MIM universities and the salaries of the graduates who pass out from there: 

These are top universities that have been known for their popular MIM course options. Students can check out more MIM universities and understand how much they can earn once they graduate from there.

Popular Jobs After MIM With Salary

MIM program generally focuses on the fundamentals of management. This degree is popular in India and Europe. After pursuing this degree, students usually get entry-level jobs like Management Trainee. They are also popular as Analysts. After gaining experience, MIM graduates can work as:

• HR Manager: USD 70,000 - USD 90,000
• Training Manager: USD 65,000 - USD 85,000
• General Operation Manager: USD 80,000 - USD 100,000
• Sales Manager or Business Development Manager: USD 75,000 - USD 95,000
• Associate Consultant: USD 65,000 - USD 85,000
• Business Analyst: USD 60,000 - USD 80,000
• Investment Banking Analyst: USD 80,000 - USD 120,000
• Marketing Analyst: USD 55,000 - USD 75,000

Also, after gaining significant work experience, they can work in higher management roles. The average salary for jobs after MIM will range from 50,000 USD to 100,000 USD per annum. The top recruiters can also offer packages ranging from 100,000 USD to 150,000 USD. The salary package will depend on your skills and how fast you can adapt to your environment.

Check out: Highest Paying Jobs in the World

Specialised Jobs after MIM Abroad

After completing a Master's in Management abroad, graduates can work in consulting, finance, government and non-profits, retail & luxuries, technology, etc. In the past years, recruiters have selected MIM graduates as they are considered fast learners, and risk-takers, and can imbibe corporate values faster than others. Let us look at some popular jobs for MIM graduates.

• Business Development Manager: After completing MIM, graduates must have developed knowledge of handling business, marketing, finance, and management. As a Business Development Manager, you will be responsible for bringing new clients to the organization. You will also be responsible for maintaining positive relations with the clients. As per Emolument, the average salary of a Business Development Manager is USD 62,000
• Project Manager: After having a MIM degree, you can work as a project manager in various sectors like infrastructure, IT, and healthcare. As a project manager, you are required to handle tight project schedules, maintain communication within the team, and complete deadlines.
• Social / Digital Media Manager: After graduating with a MIM degree, you can work as a social or digital media manager in an organization. This profile requires you to be accountable as the face of an organization. As per the Emolument, the average salary of a Digital Media Manager is USD 54,000.

(Source for average salaries: Emolument)

Top Recruiters for MIM Graduates

Some of the top recruiters for MIM graduates around the globe are:

• Mckinsey
• BCG
• KPMG
• Loreal
• BNP Paribas

Top schools offering MIM programs

• HEC Paris
• IE Business School
• London Business School
• Essec Business School
• Kellogg school of management
• Bocconi University
• Rotterdam School of Management
• University of St. Gallen

Also Read

• Difference between MBA and MSc in Management?
• MBA vs MIS – the Course of Choice?