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There is an array of professional courses after the 12th commerce stream which can be pursued by students. Out of the many, a career in Management has gained immense popularity. Often, students look for options to study abroad after graduation from business programs. However, very few are aware of the other available master’s programs in management apart from an MBA. MIM or Masters in Management is one such postgraduation degree that is an alternative to a Master’s in Business Administration degree. It includes degree programs like Master of Arts, MS, and MSc. Even though these programs are highly pursued in Europe, other countries like Canada, the USA, and the UK have now also started offering these programs. In this blog, we will walk you through the details pertinent to studying MIM in Europe.
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Also read: MBA vs MS: Which Route To Take?
Course Overview
MIM is a 2-year postgraduate program that gives students a general overview of the business aspects and managerial skills. It is considered as one of the most suitable course for freshers as it requires no or less work experience. The MIM In Europe is a more theoretical and research-oriented program and is considered as a viable alternative for an MBA degree. Unlike an MBA, the MIM courses take lesser time to complete and thus have gained popularity.
Why MIM in Europe?
When it comes to overseas education, Europe is considered as one of the leading study destinations. The continent offers a range of professional courses in management in its top-ranked institutions which are located in different European countries. Many of the courses have also been accredited by international agencies like AMBA, EQUIS, and AACSB. Counted amongst the best education systems in the world, Europe hosts more than a million students every year. In comparison to other countries, MIM courses are widely pursued in Europe.
MSc in Management and Technology, Masters in Global Supply Chain Management and Change, MSc Project and Programme Management & Business Development, etc are some of the famous MIM in Europe. Further, many management schools across the continent provide students with a multitude of scholarships, grants, and fellowship programs.
Also read: Study in Europe- Top Universities, Courses and More
MIM in Europe: Top Universities
With the increase in demand for management professionals across various disciplines, universities have started offering an array of Masters in Management courses. Listed below are some of the universities offering MIM in Europe:
University of St Gallen
Established in the year 1898, the University of St Gallen is located in Switzerland. It is known for its Master of Arts Strategy and International Management. The 18-month comprehensive master’s program entails core components of management studies. St Gallen holds 16th position in the QS global universities list for Management Studies thus making it one of the best universities to study MIM in Europe.
HEC
Located in Paris, the business school is ranked No.1 in the list of top institutions for Management Studies in QS 2021 rankings. Established in the year 1881, this business school is one of the oldest in the world. The master’s program at HEC spans over 18-months allowing you to go through rigorous training to equip you with world-class skills in Management. It has a high placement rate and is popular among the firms in the fields of Consulting and Finance.
London Business School
Known for its diverse curriculum, LBS is a leading name in Management Studies. Offering a 12-month long MIM in Europe, the business school is ranked second-best institution for management studies by QS in 2021 ranking. It boasts of its wide alumni network, high number of placements and close links with the management industry.
ESADE
Founded in the year 1958, ESADE is a private institute offering intensive programs in Management. The students at ESADE can study degree programs in German, Spanish, or French languages. Learning a separate language opens up a myriad of opportunities for the students. ESADE is known for its MSc in International Management, Marketing Management, and Global Strategic Ranked 4th in MIM studies globally by QS, the school lets you explore the vibrant study environment of Barcelona.
WHU
Established in the year 1984, WHU – Otto Beisheim School of Management is top German business school and is ranked 13th in the list of top institutions for MIM in the world by QS. The MIM courses run for a duration of 17 to 21 months and impart knowledge on various aspects of Business Administration. The course curriculum incorporates theoretical concepts with practical training.
Also read: Study in Europe Without IELTS
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FAQs
Not always! While many top programs require it, several excellent options in Europe waive the GMAT requirement. Here are some of the top universities in Europe that do not require the GMAT for MIM programs:
1. HEC Paris School of Management (France)
2. ESSEC Business School (France)
3. EMLYON Business School (France)
4. Rotterdam School of Management, Erasmus University (Netherlands)
5. WHU – Otto Beisheim School of Management (Germany)
MIM graduates in Europe enjoy competitive salaries, around €60,000 per year, but this can vary with factors like your country of employment, chosen industry, specialization, and work experience.
Without GMAT, students will need to work hard on other aspects of their application such as academic record, work experience, essays, and letters of recommendation.
With a rich culture and high-quality education, MIM in Europe opens up the doors to a plethora of opportunities. As easy as it sounds, getting into a B-school in Europe can be challenging. If you want to pursue this course but are unsure how to get started with it, then the experts at Leverage Edu will help you select the university using our AI-enabled tool and will assist you in completing the admission-related formalities.
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