Top Countries to Study MIM abroad
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.
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.
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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 |
---|---|---|
Master in Strategic Management |
1 |
|
Master in Strategy & Management of International Business |
3 |
|
Masters in Management |
4 |
|
Master in Management |
6 |
|
Master in Management |
8 |
|
Master in Management |
9 |
|
IESE Business School | Master in Management |
11 |
Northwestern University (Kellogg) | Master in Management | 11 |
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:
Country |
Tuition Fees (in lakhs) |
---|---|
27.98 |
|
17.87 |
|
18.03 |
|
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
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- Universities in Spain28 Universities
- Universities in USA1037 Universities
- Universities in UK175 Universities
- Universities in Germany214 Universities
- Universities in France84 Universities
- Universities in Canada174 Universities