Top Countries to Study MIM abroad
clickHere

Top Countries to Study MIM abroad

6 mins read31.2K Views Comment
Talk to Expert Icon BlueTalk to Expert
clickHere
Raj
Raj Vimal
Study Abroad Expert
Updated on Oct 22, 2024 11:54 IST

Masters in Management or MIM course is better for students who don't have work experience and want to learn managerial skills. To find the best countries to study MIM program, you need to do some research. Factors to consider include top universities, cost of study and living, return on investment (ROI), job prospects, and more.

Top Countries to Study MIM abroad

Masters in Management programs have become one of the most popular courses amongst international students. The duration of MIM program is 1 to 2 years which focuses on marketing, accounting, or finance. Currently, the MIM (Master in Management) is largely Europe-centric. France, Germany, the United Kingdom, Spain, and the Netherlands are some of the top countries to study MiM abroad for Indian students. However, some US-based universities are also offering the course.

MIM is a perfect course for candidates with less or no work experience who do not wish to wait for some years to pursue an MBA. Earlier MIM was popular in Europe, however, gradually it has gained popularity globally. HEC Paris, ESSEC Business School and London Business School are some of the top universities to study MIM. In this blog, we will discuss and explore the best study destinations to pursue Masters in Management programs including some deciding factors like top universities, cost of study and living, and return on investment (ROI).

Related Read: MBA vs MiM

Why Study MIM Abroad?

Studying a Master in Management (MIM) abroad offers several advantages. Here are some reasons why studying MIM abroad can be beneficial:

  • Cultural Immersion: Studying MIM abroad gives you the chance to thoroughly acclimatise to a new culture. It gives you the chance to interact with people from different cultures and learn about new customs, languages, and ways of life. In today's globalised business environment, when cross-cultural understanding is highly sought, this cultural immersion can be beneficial.
  • International Networking: You can create a global network of contacts by studying MIM overseas. You will get the chance to interact with peers and lecturers from all backgrounds, building relationships that may be useful for upcoming projects and job prospects. Creating an international network might also give you access to new markets and business practices.
  • Better Career Opportunities: Many other employment options are available after completing MIM coursework overseas. Many nations provide post-study work permits, enabling you to get real-world work experience in the industry you studied. Employers may find you more appealing if you have experience working abroad because it shows that you are adaptable, have a global perspective, and have good cross-cultural communication abilities.
  • Access to Top Institutions: MIM programmes are provided by numerous prestigious colleges and business institutions all over the world. You can learn from great professors and become familiar with cutting-edge research and business practices by studying overseas. Additionally, the reputation of the school you attend might improve your resume and raise your chances of landing dream jobs.
  • Global Perspective: An international perspective on business and management is provided by studying MIM abroad. You will learn about various methods to problem-solving, worldwide trends, and international business practices. In today's interconnected world, where firms operate across borders and cultures, this global view can be priceless.

Top Countries to Study MIM Abroad

The points given below provide details of the top countries to study MIM abroad:

1) MIM in France

France is among the top study destinations for international students. Top universities in France are the perfect choice to study MIM program. In addition, it is one of the leading countries offering a MIM degree, a cost-effective alternative to an MBA degree. According to the Graduate Management Admission Council (GMAC), there has been a growth of 3% in applications for MIM programs, while the demand for MBA has remained flat. Three of the top 10 B-schools in the world providing MIM programs are in France.

Score Predictor

Predict your IELTS, TOEFL, and PTE in just 4 steps!

Share 12th Board, Percentage, english score
Get estimated scores or IELTS, TOEFL & PTE


2) MIM in Germany

Until 2005, German universities did not have MIM or Masters in Management. Germany has become one of the top destinations for international students who wish to study MIM programs. This country is home to some excellent business schools offering MIM programs. This ensures the quality and research standards of the program.








3) MIM in Europe

The MIM courses are the most sought-after in Europe, it is the place where this course originated. A survey conducted by the GMAC in 2019 found that 67% of European employers were willing to hire MIM graduates as they are filling the gap left by professionals pursuing an MBA after gaining work experience of several years.







Best MIM Programs in the World

The table given below provides the best MIM programs in the world based on Financial Times Rankings 2023:

Best MIM Programs in the World

Course

QS Business Master’s Rankings 2025

HEC Paris, France

Master in Strategic Management

1

ESSEC Business School, France

Master in Strategy & Management of International Business

3

London Business School, UK

Masters in Management

4

INSEAD

Master in Management

6

ESCP Europe, France

Master in Management

8

IE Business School, Spain

Master in Management

9

IESE Business School

Master in Management

11

Northwestern University (Kellogg) Master in Management 11

SDA Bocconi School of Management

 MSc in International Management

13

Tuition Fees for MIM Abroad

The table given below provides the average tuition fee for MIM programs based on different countries:

RecommendationView All

Explore MIM colleges in Spain

A++Shiksha Grade
University of Barcelona

Barcelona, SpainPublic

1 courses
3.98 L - 3.98 L
B+Shiksha Grade
1 courses
11.93 L - 11.93 L
BShiksha Grade
IE University

Madrid, SpainPrivate

1 courses
38.26 L - 38.26 L
CShiksha Grade
EAE Business School

Barcelona, SpainPrivate

1 courses
12.37 L - 12.37 L
1 courses
21.74 L - 21.74 L
IE Business School

Madrid, SpainPrivate

1 courses
38.26 L - 38.26 L
EU Business School - Barcelona

Barcelona, SpainPrivate

2 courses
13.79 L - 13.79 L
TBS Education – Barcelona

Barcelona, SpainPrivate

1 courses
14.14 L - 14.14 L
EADA Business School

Barcelona, SpainPrivate

1 courses
22.98 L - 22.98 L
IESE Business School

Barcelona, SpainPrivate

1 courses
39.37 L - 39.37 L
Is this recommendation relevant?

Country

Tuition Fees (in lakhs)

MIM in USA

27.98

MIM in Canada

17.87

MIM in UK

18.03

MIM in Singapore

22.57

(Source: https://studyabroad.shiksha.com/)

Eligibility Criteria for MIM

Candidates need to fulfil all the eligibility criteria to pursue a Masters in Management program.  

  • Bachelor's degree from a recognized university with the required GPA.
  • Submit the score of an English-language proficiency test i.e. IELTS or TOEFL or PTE.
  • A valid GRE or GMAT score as per the university requirement.
  • Letters of Recommendation (LORs)
  • Work experience.

For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors. The comments section below allows candidates to contact us as well.

FAQs

Q. Which country is best for a MIM degree?

A. France, Germany, and Europe are the top countries to study Masters in Management abroad. Students can check the list of top MIM universities abroad and apply for admission by meeting the criteria.

Q. Is MIM abroad good?

A. Countries like Germany, France, the UK, Italy, and Spain are the perfect destination to pursue the MIM program. There are not many colleges offering MIM in India, so, it is a wise decision to pursue MIM abroad.

Q. How do I get admission to MIM abroad?

A. To get admission to the MIM abroad, international students are required to meet the criteria. They need to complete the academic qualification, submit the score of IELTS or TOEFL, etc.

Q. Is doing MIM from the USA worth it?

A. The USA will generate over 700,000 new jobs for MIM graduates by 2028. The median average salary of MIM graduates in the United States is over $100,000/year, higher than any other profession in the USA. The USA has some of the best business schools in the world.

Q. Is MIM in Canada worth it?

A. As compared to MBA, MIM is a lot more affordable and worth in Canada for international students. The starting fee for MIM in Canada can be CAD14,000 while that of an MBA is CAD30,000. Considering you will be working with no or little previous work experience, the ROI is nearly the same for both. Thus, MIM in Canada seems to be the clear winner.
About the Author
author-image
Written by
Raj Vimal
Study Abroad Expert

Raj Vimal has experience of 7+ years in SEO Content Writing, which includes 5+ years in the Ed-Tech industry. He has written articles about studying abroad, especially in the USA, UK, and other English-speaking coun... Read Full Bio

Browse universities abroad