MIM (Masters in Management) Abroad: Eligibility, Colleges, Fees & Jobs

MIM full form is Masters in Management, which is one of the most popular PG courses among management students in the world. MIM Abroad focuses on more theoretical knowledge and develops the skills required to be industry-ready. This program offers a comprehensive curriculum covering finance, marketing, strategy, and operations. 

MIM stands for Master in Management 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 want to gain knowledge in the area of management studies but have little work experience. Unlike, pursuing MBA abroad which requires significant work experience.

Now, leading universities worldwide, such as the London School of Business and HEC Paris, offer high-quality MIM programs. This program helps to create a foundation for various concepts including structural business concepts. So if you are going to pursue MiM Abroad then this article will be helpful for you. We will cover all the information you want to know before launching your career in management.

Related Blog:

• MBA vs MIM: Which Course is Best?
• MBA vs MIS: Which is Better?

Why Study MiM Abroad?

So, you are all set to pursue the MiM course abroad? This program offers a piece of specialized foundational knowledge in business fields like finance, consulting, and marketing. After completing the course you can get a highly-paid entry-level job in business management. Graduates who want a degree in business management go for MBAs. Over the last decade, MIM abroad has become a popular alternative for those who do not want to pursue an MBA.

Here are some benefits to know why you should pursue Master in Management abroad:

• Globally Valid Degree: You'll have a degree valued worldwide, which will help open doors to international opportunities.
• Specialized Skills: Students will gain practical expertise in their chosen field.
• A Strong Global Network: You'll build connections with peers and professionals from around the world that can expand your job prospects.
• Top Ranking Universities: The best benefit is you'll study at prestigious international universities under the guidance of world-class faculty.
• Maximize ROI: After completing your course you'll get a highly paid job, that will help you to maximize your ROI.

MIM Eligibility and Requirements

Fresh graduates with one or two years of work experience study MIM to add to their skills. MIM is an industry-recognized certification that can help you stand out from the crowd. Not only will you gain skills in managing, but you'll also have a better understanding of what it takes to manage people and projects. In the last decade, MIM has become a popular alternative for those who do not want to do an MBA. Candidates with a bachelor’s degree in engineering are preferred to pursue a MIM degree.

1. Academic requirements

The Majority of the MIM programs require candidates to have an undergraduate degree in any field. So, students with an Arts or Social Science background can also apply for a MIM degree.

2. Work experience

Most of the MIM programs have students with less than two years of work experience. The Master in Management (MIM) helps students develop the management skills necessary to effectively manage a global business. Unlike a traditional MBA, MIM students don't need to have any significant accomplishments before starting the program. MIM students also don't need to be working professionals with a high level of responsibility in their current position.

Related Blogs:

• Is Work Experience Required for Studying MBA Abroad
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3. Application Process for Studying MiM Abroad

First and foremost is to complete your bachelor's program. Although business schools accept candidates from all the fields, still it is preferred to check whether our course' is accepted for MIM or not. Then a candidate can move ahead with the next stop.

• Select your preferred university/universities where you want to study the MIM programme.
• Check whether you need to gain professional experience, or just a bachelor's degree is enough to get into a MIM programme.
• Complete English Language proficiency exams
• Check whether you need to take GMAT or GRE
• Arrange for finances

Exams Required to Study MIM Abroad

To get into top B-schools abroad for MIM course admissions, one needs to take the following exams:

• Standardized exams: While most B-schools may ask for a GMAT score to apply for the MIM programme, however, there are top institutes that accept the GRE score as well. It is better to check with the institute where you are applying whether they are asking for a GMAT or GRE score.
• Language proficiency exams: Valid English Language proficiency test scores are a must to get into any top institute offering MIM. So, check with your college which English Language proficiency test scores they accept IELTS, TOEFL or PTE.

MiM Abroad Vs MIM in India

Currently, MIM is more popular in Europe and less recognized in India. As, relatively it is a new degree started a few years back. It is considered a great degree in countries like Germany, France, UK, Italy, and Spain. There are not many colleges offering MIM in India, so, it is a wise decision to pursue MIM abroad. Also, by pursuing MS abroad, your chance of getting a job abroad also increases, which will also help you get overseas work experience.

Best Countries for MiM Abroad

As we have mentioned above, the MIM program is popular in Europe, so, various European nations are considered as the popular destination for pursuing a MIM degree. Tuition fees, cost of living, language proficiency, post-study work opportunities and student visa rules are important factors to consider best countries for MiM abroad studies.  In short, it depends on your individual preferences, goals, and circumstances. Below, we have mentioned some of the top study destinations where you can study MSc in Management:

• Germany
• France
• UK
• USA
• Italy
• Spain

MIM Specialization

The Master in Management is designed to be a two-year degree program, beginning with the initial phase which lays a strong foundation for management sciences and allied concepts like analytical skills, and statistical methods. The later phase focuses on various specializations such as Marketing Management, Financial Management, Operations Management, Human Resource Management and more.

Different MIM specializations are:

• Economics
• Finance
• Analytics
• Accounting
• Marketing

Top Universities to Pursue MiM Abroad

For the benefit of our readers, we have given below the list of top universities offering MIM programs, as per the QS World University Rankings 2025 for Business Master's:

Scope of MIM Abroad: Top Companies

The Master of Management program focuses on the fundamentals of management, including a variety of topics such as accounting and finance, marketing, strategy and organization, HRM, operations and IT management. This program is designed for students who already have a degree in engineering or sciences and are interested in taking their career to the next level by getting specialized training in management practices. MIM job opportunities are plenty as this field is relatively new. After pursuing this degree, students generally get entry-level jobs like Management Trainee. Apart from this, they also get roles of Analysts. As per the GMAC Corporate Recruiters Survey conducted in 2024,, large organizations are more likely to hire an MIM graduate.

Types of Jobs after MIM Course

Popular job roles for MIM graduates are:

Business Development Manager

After gaining skills in handling businesses, and also understanding various aspects related to finance, marketing, business, and management, working as a Business consultant can be suitable work for you. They are responsible for growing the business by bringing new clients to their organization. Their communication and analytical skills come in handy in their job and in maintaining positive relations with the clients.

Digital/Social Media Manager

This is a key area these days for any organization as it is one of the major areas for organizations for marketing and communication. This job involves a lot of accountability, as here you are the face of your organization to the world. Moreover, you should know how to use various social media platforms to their fullest and also have a creative outlook in order to run social media campaigns. You must have a sharp eye for creating a digital media marketing strategy. Also, you must have a strong knowledge of different tools like Google Analytics and other tools to formulate appropriate strategies.

Project Manager

Project Managers can work in any field/sector from healthcare to marketing to infrastructure or IT. They are responsible for getting the work done within tight schedules. They need to work under pressure and tight situations and must be able to handle the team well. Their communication and organizing skills prove useful in this role. Apart from this, they need to make sure that the projects get completed in time within the allotted budget.

Also Read: Job prospects of MIM

Average Fees for MIM Abroad

MIM is more popular in European countries, and tuition fees can vary in Europe, however, they are lower when compared to Australia or North America. However, various other factors like quality of education, living expenses, and ROI should be considered while selecting the country.

MIM in the USA

Studying MIM in the US can cost you on an average INR 30 L (for 1st year) including both tuition fees and living expenses.

(Tuition fee source: Shikshastudyabroad.com)

MIM in Germany

Studying MIM in Germany can cost you on an average INR 15 L (for 1st year) including both tuition fee and living expenses.

(Tuition fee source: Shikshastudyabroad.com)

MIM in Australia

Studying MIM in Australia can cost you on an average INR 25 L (for 1st year) including both tuition fee and living expenses. 

(Tuition fee source: Shikshastudyabroad.com)

MIM in Norway

Studying MIM in Norway can cost you on an average INR 2 - 3 L (for 1st year) including both tuition fee and living expenses.

(Tuition fee source: Shikshastudyabroad.com)

Scholarships to Study MIM Abroad

MIM's popularity has gone up in the recent past. Now, students wanted to go for management also compare MIM with MBA. Its less rigorous admission requirements also make it a favorable course in comparison to the MBA. However, the cost of getting a MIM degree is still not affordable for everyone. There are various scholarships available for students to pursue MIM.

Still confused about pursuing MIM from abroad? You can check out our Master in Management Frequently Asked Questions section (MIM FAQs) for more. Students wanting to apply for studying abroad and have doubts as to how to apply or where to begin their preparation can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.