The Master of Management (MiM) is a postgraduate academic degree that teaches broad management and organizational skills. It has recently emerged as a cost-effective alternative to the Master of Business Administration (MBA) for graduates from a variety of disciplines with little or no professional business experience who want to move into management. MiM degrees, which can be earned as a Master of Science or even a Master of Arts, are more theoretically oriented than the typical MBA. Universities, on the other hand, place a strong emphasis on teaching management skills such as analytical, leadership, and communication. Under varied titles, delivery modes, and concentrations, business institutions and institutes provide masters of management studies. Check all about pursuing MIM in Switzerland in this blog.
|Fees||INR 10,00,000 to INR 2,00,000|
|Salary||INR 27,40,000 to 48,81,089 yearly.|
|Academic session||September to May|
This Blog Includes:
- What is MIM?
- Why MIM in Switzerland
- Top Programs for MIM in Switzerland
- Top Universities for MIM in Switzerland
- Application Process for MIM in Switzerland
- Eligibility for MIM in Switzerland
- Documents Checklist
- Switzerland Student Visa
- Documents Required for Visa
- Cost of Studying in Switzerland
- Scholarships for MIM in Switzerland
- Jobs After MIM
What is MIM?
The MIM, or Masters in Management, is a top-tier post-graduate degree for graduates and young professionals. It’s a degree that covers a wide range of management disciplines, such as finance, marketing, consulting, and entrepreneurship. It’s a great degree to earn if you want to change careers early in your career or work in management. Management roles are well-suited to the MiM degree. Finance, consulting, marketing, business development, corporate strategy, business intelligence, accounting, sales, sustainability, and a variety of other fields, including entrepreneurship, are all open to its graduates. MiM students compete with MBA graduates and, to some extent, vice versa, because of its striking likeness to and numerous comparisons with the MBA.
Why MIM in Switzerland
Switzerland is known for its stunning alpine landscape, which is ideal for skiing in the winter and hiking in the summer, as well as its low crime rates, good quality of life, and entrepreneurial spirit. It also features the world’s greatest concentration of Fortune 500 headquarters. Switzerland is a crossroads between Germany, France, Austria, and Italy, with four countries on its doorstep. In fact, foreigners make up over a quarter of the Swiss population. Since 2013, Switzerland has topped the Global Innovation Index and is one of the top ten most entrepreneurial countries, with specific strengths in banking, commercial infrastructure, tertiary education, knowledge transfer, and technology transfer.
Top Programs for MIM in Switzerland
- International Management
- Supply Chain Management
- International Finance
- Enterprise Management
- Business Administration
Top Universities for MIM in Switzerland
Here are the top universities for MIM in Switzerland:
|Università Della Svizzera Italiana||Lugano||9,76,680|
|ETH – Zurich – Swiss Federal Institute Of Technology||Zurich||1,88,825|
|ZHAW School Of Management And Law||Zurich||1,75,800|
|University Of Zurich – Universität Zürich||Zurich||1,17,201|
|HEC Lausanne – Faculty Of Business And Economics||Lausanne||94,412|
|University Of St. Gallen (HSG)||St. Gallen||8,12,109|
|Geneva School Of Economics And Management (GSEM)||Geneva||1,22,085|
Application Process for MIM in Switzerland
The application process takes place over a period of time and begins months before the commencement of classes. The universities have two main intakes known as the fall intake and winter intake for international students to kick start their journey. You can call our Leverage Edu experts on 1800 572 000 to find out how the application process can be fast-tracked and streamlined to Germany! Here’s an easy 5-step process to complete your application process to study MIM in Switzerland:
- Call our experts on 1800 572 000 to shortlist your favorite universities and courses. Start your application to multiple universities through our one dashboard platform
- Compile all your documents like SOPs, essays, certificates and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
- Meet all the applications deadlines and start the application process for accommodation, students visa, and scholarships/student loans
- Accept the offer letter and meet your teachers, college mates and roommates virtually
- Get your visa approved and fly to your dream university!
Eligibility for MIM in Switzerland
- An undergraduate diploma or bachelor’s degree requires a 10+2 education from a recognised board.
- Students must hold a relevant full-time bachelor’s degree with good grades in order to pursue a postgraduate diploma or master’s degree.
- In Switzerland, there is no requirement to take an English language competency test. Some universities, however, demand an IELTS score.
- The Statement of Purpose (SOP) is a required component of admission. It is a one-of-a-kind statement that states the student’s purpose and objectives.
- The importance of a Letter of Recommendation (LOR) cannot be overstated. Admission to Swiss universities requires at least two letters of recommendation.
- Documentation is an important requirement for university admission in Switzerland. Transcripts, passports, certifications, SOPs, and letters of recommendation are examples of documents.
- In Swiss universities, GRE and GMAT scores are required for admission. To gain admission to top-ranked universities, students must take the GRE test.
- Two to three years of work experience may be considered a plus for admission. Prior job experience is required for a few courses, such as MS, MBA, and post-graduate courses.
Common Mistakes to Avoid in a SOP
- An application form
- Certified copies of your degree and academic transcripts
- Application essays or a personal statement
- Academic and/or professional letters of recommendation
Switzerland Student Visa
After obtaining the university admission letter, the first thing you should do is schedule an appointment with the Swiss embassy or consulate in your location. Because these procedures require time, please schedule an appointment at least 6 months prior to the study. Short-term visas take 10 to 15 days to process, while long-term visas take 8 to 10 weeks to process.
Your documentation must be written in one of three languages: French, German, or English. If this is not your native language, you will need to get these documents certified translated.
Documents Required for Visa
- Application form for a long-stay visa (visa D)
- Passport-size photographs
- Passport – valid three months
- Letter of acceptance issued by a Swiss university
- Proof of payment of the registration and tuition fees
- Proof of sufficient financial coverage of living costs in Switzerland
- Scholarship/Loan proof – Letter of an institution that all expenses for the study will be covered by the scholarship or loan
- Letter of Motivation
- Commitment to leave Switzerland on completion of studies
Cost of Studying in Switzerland
The cost of living in Switzerland for Indian students varies by city and region. An Indian student needs approximately INR 1,02,000-1,32,000 per month to cover housing, transportation, food, and utility costs. Cities like Bern, Geneva, and Zurich are very pricey Switzerland. The average monthly living expenses for students in these three locations will exceed INR 1,71,300. On a monthly basis, the accommodation prices will range from INR 46,800 to INR 54,500. The cost of university housing will range from INR 35,000 to 62,300 per month. It will cost between INR 54,500 and INR 9,34,000 per month for shared flats and rentals. The cost of transportation is low, roughly INR 4,000 per month, across various forms of transportation such as bus, metro, tramways, and trains.
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Scholarships for MIM in Switzerland
- Swiss Excellence Scholarships for Foreign Students: Postgraduate researchers from any discipline are eligible for the scholarship. Tuition fees, monthly payments, flights, accommodation costs, and insurance allowance are all covered.
- University of Lausanne Master’s Scholarship for Foreign Students: The UNIL Master’s Grants are offered by the University of Lausanne to Master’s students at the university. The scholarship is worth CHF1,600 per month, that is, INR1,38,100 .
- ETH Excellence Scholarships: Candidates who intend to offer a Master’s programme at ETH Zurich might apply for a scholarship. It covers the entire cost of tuition as well as living expenses. A partial stipend and an assistantship offer are also given to students.
- Graduate Institute Geneva Scholarships (Master’s Programme): A full or partial scholarship may be awarded. The total scholarship amount is CHF20000(INR 17,26,000), whereas the partial scholarship amount is CHF10000 (INR 8,63,00).
- Ecole Polytechnique Fédérale de Lausanne (EPFL) Excellence Fellowships: EPFL grants Master’s level fellowships to students who have excelled in their studies. The application is open to anyone seeking a Master’s degree. The scholarship is worth between CHF 16,000(INR 13,80,800) and CHF 32000(INR 27,61,600).
Jobs After MIM
- Human Resource Manager
- Development Manager
- Public Relations Manager
- Sales Manager
- Management Consultant
- Marketing Manager
- Project Manager
- Business Development Manager
- Social Media Manager
There is no specified language requirement for a Swiss student visa. Taking the IELTS test is not required. However, if your university requires an IELTS score, you must take the test. There is no language requirement for students in Switzerland because there are four official languages. However, if you wish to take a language course, you must have a language competency score.
International students make up about a quarter of the country’s total population. It exemplifies the flexibility with which overseas students might find work. International students are allowed to stay for up to six months after finishing their study to hunt for work. International students have the possibility to work for Fortune 500 businesses, and the job market is quite promising.
With 14 Fortune 500 firms, Switzerland offers a promising and developing job market. Engineering, pharmaceuticals, technology, finance, insurance, and analysis are among the most in-demand positions for international students. An overseas student earning an entry-level salary ranges from INR 27,40,000 to INR 48,81,089 per year.
Want to study at MIM in Switzerland? Then download the Leverage App to get started on your application process to the world’s top universities or drop us a comment and we will guide you on your journey!