MIM in Abroad 2024: Top Universities, Fees, Courses, Requirements

MIM also known as Master in Management is an entry-level programme preferred by numerous international students to study abroad. The course duration for MIM abroad usually ranges from 10 months to 2 years. It is popular among business or management graduates who want to establish themselves as a manager, consultant, human resources, operations managers, analysts, or more.

This Story also Contains

1. MIM Abroad: Highlights
2. MIM Abroad Curriculum
3. Which Country is Best for MIM Abroad?
4. Top Universities for MIM Abroad
5. Admission Requirements for MIM Abroad
6. Entrance Exams for MIM Abroad
7. MIM Abroad Fees for International Students
8. Scholarship for MIM Abroad
9. Career Opportunities After MIM Abroad

MIM is usually preferred by younger candidates, typically between the ages of 22 and 24, as it is not mandatory to have prior work experience to pursue this course. MIM is most popular in European countries, among which London is the preferred destination for international students, followed by France, Germany, and the Netherlands.

Popular universities for MIM abroad include HEC Paris, ESSEC Business School, INSEAD, and London Business School. The cost of studying MIM abroad ranges from Rs 18 to 50 lakhs. Candidates can also apply for tuition fee waivers to reduce the cost of education while studying abroad.

All international students planning to MIM study abroad must have a valid bachelor's degree along with standardised test scores such as GMAT or GRE. Candidates from India or other non-English speaking countries must take IELTS, TOEFL, or PTE exams to provide proof of English language proficiency. Read on to learn more about MIM abroad along with top universities, eligibility criteria, entrance exams, career opportunities, and more.

MIM Abroad: Highlights

MIM Abroad Curriculum

MIM is a 2 year postgraduate programme, preferred by entry level graduates. mim courses abroad include the following core business topics:

• Finance

• Business Analytics

• Accounting

• Marketing

• Strategy

• Micro/Macroeconomics

• People Management

Read more: MIM vs MBA

Which Country is Best for MIM Abroad?

Several countries offer MIM study abroad, including the UK, USA, France, Germany, and more. It is difficult to find the best country for MIM study abroad. The Masters in Management degree is most popular in Europe, with European business schools leading the Financial Times Masters in Management rankings.

According to GMAC's survey, 25% of MIM candidates selected the United Kingdom, 23% France, 10% Germany, and 6% the Netherlands. Just 10% of MiM candidates consider the United States as their desired destination for MIM abroad. However, it depends on the individual preferences and educational goals of students.

Top Universities for MIM Abroad

The QS Global Business Master's Rankings 2024 has listed several universities to pursue a career in MIM abroad. HEC Paris is ranked first globally for its Master’s in Management programme. A list of the top 10 MIM universities in the world is mentioned below.

Top 10 MIM Universities in the World 2024

Read more: Top MIM Colleges Abroad

Admission Requirements for MIM Abroad

All international students who want to pursue a career in the field of business, finance, and management can apply for MIM courses abroad. There are several course requirements that one must meet before applying to MIM colleges abroad

MIM Requirements for Indian Students

• All Indian students must have passed a bachelor’s degree (3-4 years) with a high GPA in the relevant field or equivalent.

• Candidates must have a work experience of 0–2 years.

• Students are required to meet the English language proficiency and must provide proof by submitting valid IELTS / TOEFL scores.

• Some universities might require French / German language proficiencies as well.

• Applicants should have valid standardised GMAT or GRE scores.

• They must meet other course requirements specified by the university.

Entrance Exams for MIM Abroad

Candidates planning to pursue higher education in MIM colleges abroad are required to provide proof of standardised test scores and English proficiency scores, as mentioned below:

• GRE: Applicants planning to pursue a master's in the field of science, arts, education, engineering, or other fields in the top universities around the world are required to have valid GRE scores.

• GMAT: Candidates wishing to pursue higher education in the field of business or management are required to take the GMAT exam.

• IELTS / TOEFL / PTE: Applicants from Non-English speaking countries are required to take these exams to provide proof of English language proficiency.

MIM Abroad Fees for International Students

MIM fees vary depending on the country chosen by an individual. Thus, below is a list of top countries offering a degree in MIM along with its approximate tuition fees:

MIM Abroad Fees 2024

Scholarship for MIM Abroad

The cost of studying MIM abroad can be high in countries like USA, UK, Australia, Canada, and more, hence students are required to finance their education to reduce the overall tuition cost. Studying MIM in top universities can be financially exhausting for international students, therefore, making a budget and planning your finances ahead of time can help students manage their educational expenses in the country.

MIM Abroad Scholarships

Career Opportunities After MIM Abroad

MIM programmes provide an excellent ROI in the world for international students. According to the Financial Times Masters in Management Ranking, graduates from the best MIM colleges abroad can expect a salary of approximately USD 80,000 and USD 115,000 for international students. There are numerous career opportunities for MIM graduates, some of these job opportunities are mentioned below.

• Associate Consultant

• Business Analyst

• Investment Banking Analyst

• Marketing Analyst

• Financial Risk Analyst

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