Recently, there has been a rapid increase in the number of applications for the Master In Management program and this is so because it allows graduates with negligible or no experience in the professional world of business to put up with the program. All the leading business schools are competing and providing the best of knowledge through their Master In Management programs. And as the number of schools delivering MIM programs is increasing, so is the level of difficulty in selecting the Top 5 MIM schools of the world.
Basically, it is designed for graduates up to 23 years of age, unlike an MBA where the minimum age to apply is 27 because they require a minimum work experience of up to 3 years. This program works at a very fast pace as it trains the participants and equips them with the necessary tools to enter the world of business at a very young age. The MIM programs last for 10 months to 24 months depending upon the individual universities. However, a majority of leading business schools offer a 10-month Master In Management program for the ease of the participants.
The Top 5 MIM schools of the world concentrate on theoretical concepts with the help of guest lectures, classroom lectures, case studies, and group projects. On average, every Master In Management program offers an internship to the participants, which allows them to use the theoretical knowledge and skills in finding solutions to real-world challenges and issues faced by multinational companies, which in turn provides exposure and allows the participants to build a strong global network, which will serve them for life.
Moreover, the tuition charges of the Top 5 MIM schools of the world cost less than 50% of the average MBA-leading business school. This again explains the reason for increasing applications for the Master in Management programs worldwide. An ideal Master In Management program ranges from $28,000 to $50,000 globally.
Let us take a look at the list of the Top 5 MIM schools of the world.
#1. MA in Strategy and International Management (SIM), University of St. Gallen
#2. MSc in Management, HEC Paris
#3. MiM, London Business School
#4. MSc in Management, Essec Business School
#5. Master in Management (MiM), ESCP Europe
University of St. Gallen – MA in Strategy and International Management
The University of St. Gallen offers MBA in strategy and International Management which has successfully bagged the first position in the list of the Top 5 MIM schools of the world. This program focuses on graduates with a degree in Business Administration, Economics, or an equivalent. An ideal full-time MA in Strategy And International Management program prolongs for 18 months. The SIM program has been consecutively ranked in the first position by the Financial Times for the last eight years, since 2011. The university enrolls not more than 50 students in a class, which increases the competition among the applicants. The curriculum is distributed over three semesters in total and the primary language of conduct is English throughout the program.
The tuition charges of a full-time MA in Strategy and International Management: CHF 3326 per semester.
The HEC Paris conducts a Master of Science in Management program which has successfully bagged the second position in the list of the Top 5 MIM schools of the world. The best part about this program is that it allows participants from every walk of life to apply, that is, all academic backgrounds are eligible to enroll for this program. Moreover, the school ranks very high for its employment rate being 99%, where every graduate receives a job offer within 3 months post-graduation. The school is known for its expert faculty which is completely dedicated to providing the best of knowledge and a personalized experience to every participant.
The average strength of international participants: 250
The total Nationalities represented: 56
The average volume of female participants: 40%
The average age of participants: 23
The average GMAT score required: 702
The average salary to be expected post-graduation: €66,000.
London Business School – Master in Management
The London business school has proposed the master in management program which has successfully bagged the third position in the list of the Top 5 MIM schools of the world. An ideal Master In Management program at the London Business School lasts 16 to 18 months. It is placed at the fourth position by the Financial Times as the best master in management program worldwide. The employment rate of LBS is 96% which means every graduate receives a job offer within 3 months of post-graduation.
The total strength of a current classroom: 298
The average volume of female participants: 46%
The average nationalities represented: 46%
The average intakes allowed per year: One in August
Essec Business School – Master of Science in Management
The Essec Business School offers a Master of Science in management program which has successfully secured the fourth position in the list of the Top 5 MIM schools of the world. It is a bilingual program that is conducted in French and English. The program is executed at three campuses – France, Singapore, and Morocco. An ideal Master of Science in Management program of this school lasts 2 years. You only have one chance to enroll in August as the program allows only one intake per year. Make sure to submit a non-refundable application fee of €100, without which your application will be considered incomplete.
Total tuition charges of a full-time Master of Science in Management program: €42,500
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