MIM in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Masters in Management, commonly called MIM, is one of the specialised courses offered abroad. MIM is a unique program that has been designed to prepare students for a career in management at the postgraduate level. MIM courses focus on the latest management trends and include modules on Marketing, Finance, Strategy, Entrepreneurship and other related areas. Additionally, there are internship opportunities for MIM-pursuing candidates that provide students with hands-on experience before they graduate from universities abroad.
MIM Abroad Highlights
Listed below are some interesting facts about MIM abroad:
Top MIM (Masters in Management) Colleges |
More than 700 |
MIM Annual Tuition Cost |
INR 10 L - 40 L |
Top Specializations |
Accounting, Marketing, Analytics, Finance, Entrepreneurship, International Business, Human Resources, Business Analytics |
Admission Process |
Bachelor's degree in a relevant field (or equivalent) 2 - 3 years of full-time work experience Overall IELTS score of at least 6.0 - 6.5 or higher |
Top 10 MIM Colleges Abroad
QS World University Rankings is a globally recognized top university ranking body that publishes annual rankings of universities based on eight key indicators: Employability, ROI, Entrepreneurship and Alumni Outcomes, Thought Leadership, and Class & F
Masters in Management, commonly called MIM, is one of the specialised courses offered abroad. MIM is a unique program that has been designed to prepare students for a career in management at the postgraduate level. MIM courses focus on the latest management trends and include modules on Marketing, Finance, Strategy, Entrepreneurship and other related areas. Additionally, there are internship opportunities for MIM-pursuing candidates that provide students with hands-on experience before they graduate from universities abroad.
MIM Abroad Highlights
Listed below are some interesting facts about MIM abroad:
Top MIM (Masters in Management) Colleges |
More than 700 |
MIM Annual Tuition Cost |
INR 10 L - 40 L |
Top Specializations |
Accounting, Marketing, Analytics, Finance, Entrepreneurship, International Business, Human Resources, Business Analytics |
Admission Process |
Bachelor's degree in a relevant field (or equivalent) 2 - 3 years of full-time work experience Overall IELTS score of at least 6.0 - 6.5 or higher |
Top 10 MIM Colleges Abroad
QS World University Rankings is a globally recognized top university ranking body that publishes annual rankings of universities based on eight key indicators: Employability, ROI, Entrepreneurship and Alumni Outcomes, Thought Leadership, and Class & Faculty Diversity. Some new parameters considered include Sustainability, Employment Outcomes and International Research Network.
Listed below are the top MIM universities, as per the QS Business Master's (Management) Rankings 2025:
University Name |
QS Business Master's Ranking 2025: Management |
Overall Score |
---|---|---|
#1 |
100 |
|
Stanford Graduate School of Business | #2 |
96.9 |
#3 |
96.8 |
|
#4 |
96.7 |
|
#5 |
94.3 |
|
#6 |
92.4 |
|
#7 |
92.3 |
|
#8 |
91.8 |
|
#9 |
90.9 |
|
#10 |
90.5 |
Cost of MIM Abroad
Studying MIM (Masters in Management) abroad is an expensive affair and costs between INR 10 L - 40 L per year. When it comes to the cost of living of an individual, it varies as per the choice of country. For example, the average living cost in the UK can be around INR 12 L - 24 L per year. Whereas, the cost of living in the USA for international students is around INR 20 L - 25 L per year.
Student Visa Cost for MIM Abroad
According to the country of visit, the cost of a student visa differs. Listed below are the student visa costs of the best study-abroad destinations:
Country/Nation | Student Visa Cost |
---|---|
United States | USD 510 (INR 42.8 K) (Includes the SEVIS application fee) |
United Kingdom | GBP 490 (INR 53.3 K) |
Germany | EUR 75 (INR 6.8 K) |
EUR 50 (INR 4.5 K) - For countries or territories with EEF procedure EUR 8.9 K (INR K) - For other countries |
|
Australia | AUD 1,600 (INR 89.5 K) |
MIM Abroad Requirements - Eligibility Criteria
International students must fulfil the admission requirements listed below to pursue MIM abroad:
-
Bachelor's in Management or a related field
-
Overall grade point average i.e. GPA of 3.0 on a 4.0 scale or its equivalent
-
Overall IELTS score of 6.0 or higher / TOEFL score of 80 - 100 or higher
-
Good GMAT score
-
Statement of Purpose (SOP)
-
2 - 3 Letters of Recommendation (LORs)
-
Student study visa and valid passport
-
Proof of financial resources
-
Work experience (if applicable)
Are you someone with work experience greater than 3 years and want to gain more practical knowledge in the field of Business and Management? MBA might be a better bet for you. Here's a video that can help you understand how MIM is different from MBA.
MIM Scholarships Abroad
Opting to study abroad is a major step that student take for their career and managing the expenses including the tuition fee and living costs play a deciding factor in this decision. Here is where scholarships dive in and help students study in their dream college by cutting down a portion of their expenses. For the students looking forward to pursue a Master's in Management degree abroad, some of the top scholarships are:
-
HEC Foundation Student Scholarships
-
MIM Merit Scholarship for London Business School
-
Essec Academic Excellence Scholarship
-
INSEAD Financial Fellowship
-
Ivey Business School Financial Need Awards
MIM Jobs and Salaries in Abroad
As per unofficial sources, the average salary of a MIM (Masters in Management) graduate is around USD 50,000 - USD 150,000 (INR 42 L - 1.2 Cr) per year. Note that this amount is expected to grow in the subsequent years, as per the individual's performance. Since the world is becoming increasingly competitive, the need for skilled workers is rising. MIM graduates can find jobs that are not only lucrative but also challenging and exciting.
Some of the most popular jobs for MIM (Masters in Management) graduates are offered in the following sectors:
Digital Marketing | Customer Service | Product Management |
Education | Healthcare | Consulting |
Finance | IT & Technology | Manufacturing & Engineering |
Top Recruiters Abroad for MIM Graduates
MIM (Masters in Management) graduates are sought after in the job market because of the skills they learn. Also, they can work in a wide range of fields, including Marketing, Advertising, and Public Relations. Some of the top Companies that hire MIM (Masters in Management) graduates:
Amazon | Apple | |
Microsoft | McKinsey & Company | |
Boston Consulting Group | Bain & Company | Deloitte |
Accenture | J.P. Morgan | Uber |
Goldman Sachs | Ford Motor Company |
Loreal |
MIM in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines
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Commonly asked questions On MIM in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Q: Which country is best to pursue Masters in Management course?
Master's in Management is one of the best courses for fresh graduates with minimal work experience and is particulary popular in European countries. Some of the top countries to pursue an MIM degree are:
Italy | Germany | Spain |
France | United Kingdom | United States |
Q: What are the total expenses for pursuing Masters in Management course in foreign universities?
Pursuing an MIM degree (Masters in Management) in top countries abroad is expensive. On average, the cost of studying MIM abroad ranges between INR 10 L - 40 L per year.
Another important factor to consider while studying abroad is the cost of living, which varies as per the choice of country. For example, the average living cost in the UK can be around INR 12 L - 24 L per year. Whereas, the average5 of living in the USA for international students is around INR 20 L - 25 L per year.
Q: Is MIM course affordable than MBA?
Yes, MIM usually costs lower than MBA abroad. Listed below is a comprehensive comparison between the MBA and MIM annual tuition fee details of top business schools:
University | Annual tuition fee (MIM) | Annual tuition fee (MBA) |
---|---|---|
HEC Paris | INR 26 L | INR 21 L - 69 L |
Stanford University | INR 34 L - 1 Cr | INR 34 L - 1 Cr |
Massachusetts Institute of Technology | INR 35 L - 76 L | INR 35 L - 76 L |
INSEAD | INR 67 L | INR 65 L |
London Business School | INR 46 L - 50 L | INR 38 L - 86 L |
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Commonly asked questions On MIM in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Q: Which country is best to pursue Masters in Management course?
Master's in Management is one of the best courses for fresh graduates with minimal work experience and is particulary popular in European countries. Some of the top countries to pursue an MIM degree are:
Italy | Germany | Spain |
France | United Kingdom | United States |
Q: What are the total expenses for pursuing Masters in Management course in foreign universities?
Pursuing an MIM degree (Masters in Management) in top countries abroad is expensive. On average, the cost of studying MIM abroad ranges between INR 10 L - 40 L per year.
Another important factor to consider while studying abroad is the cost of living, which varies as per the choice of country. For example, the average living cost in the UK can be around INR 12 L - 24 L per year. Whereas, the average5 of living in the USA for international students is around INR 20 L - 25 L per year.
Q: Is MIM course affordable than MBA?
Yes, MIM usually costs lower than MBA abroad. Listed below is a comprehensive comparison between the MBA and MIM annual tuition fee details of top business schools:
University | Annual tuition fee (MIM) | Annual tuition fee (MBA) |
---|---|---|
HEC Paris | INR 26 L | INR 21 L - 69 L |
Stanford University | INR 34 L - 1 Cr | INR 34 L - 1 Cr |
Massachusetts Institute of Technology | INR 35 L - 76 L | INR 35 L - 76 L |
INSEAD | INR 67 L | INR 65 L |
London Business School | INR 46 L - 50 L | INR 38 L - 86 L |
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Commonly asked questions On MIM in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Q: How do I pursue Maters in Management course in foreign universities?
International students must fulfill the admission requirements listed below to pursue MIM abroad:
Bachelor's in Management or a related field
Overall grade point average i.e. GPA of 3.0 on a 4.0 scale or its equivalent
Overall IELTS score of 6.0 or higher / TOEFL score of 80 - 100 or higher
Good GMAT score
Statement of Purpose (SOP)
2 - 3 Letters of Recommendation (LORs)
Student study visa and valid passport
Proof of financial resources
Work experience (if applicable)
Q: Can I get a scholarship for studying Masters in Management in foreign universities?
Opting to study abroad is a major step that student take for their career and managing the expenses including the tuition fee and living costs play a deciding factor in this decision. Here is where scholarships dive in and help students study in their dream college by cutting down a portion of their expenses. For the students looking forward to pursue a Master's in Management degree abroad, some of the top scholarships are:
HEC Foundation Student Scholarships
MIM Merit Scholarship for London Business School
Essec Academic Excellence Scholarship
INSEAD Financial Fellowship
Ivey Business School Financial Need Awards
12.3K+ students got admitted through us.
12.3K+ students got admitted through us.
Guided 4.7K students to USA universities.
Commonly asked questions On MIM in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Q: How do I pursue Maters in Management course in foreign universities?
International students must fulfill the admission requirements listed below to pursue MIM abroad:
Bachelor's in Management or a related field
Overall grade point average i.e. GPA of 3.0 on a 4.0 scale or its equivalent
Overall IELTS score of 6.0 or higher / TOEFL score of 80 - 100 or higher
Good GMAT score
Statement of Purpose (SOP)
2 - 3 Letters of Recommendation (LORs)
Student study visa and valid passport
Proof of financial resources
Work experience (if applicable)
Q: Can I get a scholarship for studying Masters in Management in foreign universities?
Opting to study abroad is a major step that student take for their career and managing the expenses including the tuition fee and living costs play a deciding factor in this decision. Here is where scholarships dive in and help students study in their dream college by cutting down a portion of their expenses. For the students looking forward to pursue a Master's in Management degree abroad, some of the top scholarships are:
HEC Foundation Student Scholarships
MIM Merit Scholarship for London Business School
Essec Academic Excellence Scholarship
INSEAD Financial Fellowship
Ivey Business School Financial Need Awards
12.3K+ students got admitted through us.
12.3K+ students got admitted through us.
Guided 4.7K students to USA universities.
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Commonly asked questions On MIM in Abroad for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Q: Which is the best university for pursuing Masters in Management abroad?
With the rank #1 in QS Business Master's Rankings 2025: Management, HEC Paris in the best university to pursue MIM abroad. Listed below are the top MIM universities, as per the QS Business Master's (Management) Rankings 2025:
Q: How much do Masters in Management graduates earn?
As per unofficial sources, the average salary of a MIM (Masters in Management) graduate is around USD 50,000 - USD 150,000 (INR 42 L - 1.2 Cr) per year. Note that this amount is expected to grow in the subsequent years, as per the individual's performance. Some of top industries and recruiters are:
Top Industries | Top Recruiters |
---|---|
Digital Marketing | Apple |
Consulting | |
Finance | McKinsey & Company |
Education | Goldman Sachs |
Manufacturing & Engineering | Microsoft |
Conversion Rate: 1 USD = INR 84.07
Q: What is the cost of getting student visa to pursue MIM abroad?
Some of the top countries to study MIM abroad and their visa costs are listed in the table below:
Country/Nation | Student Visa Cost |
---|---|
United States | USD 510 (INR 42.8 K) (Includes the SEVIS application fee) |
United Kingdom | GBP 490 (INR 53.3 K) |
United9 75 (INR 6.8 K) | |
EUR 50 (INR 4.5 K) - For countries or territories with EEF procedure EUR 8.9 K (INR K) - For other countries | |
Australia | AUD 1,600 (INR 89.5 K) |
12.3K+ students got admitted through us.
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12.3K+ students got admitted through us.
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12.3K+ students got admitted through us.
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