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Best MIM programs in the world- Complete Guide

Updated on 02 February, 2024

Shivangi Mishra

Shivangi Mishra

Sr. Content Editor

Are you looking for the best MIM programs in the world? They certainly are popular given the knowledge they impart and opportunities they open for graduates. Master in Management (MIM) is a 1 to 2-year course which emphasizes on accounting, marketing and finance aspects of businesses. It is also taught as an M.Sc. in Management at various institutions. These are mostly fundamental educational courses with specializations in varied fields. 


Best MIM Programs in the World- Leading Universities

Best MIM/MSc programs in Europe

InstituteQS Business Masters Rankings: Management 2022
HEC Paris, France1
ESADE, Spain6
ESSEC, France3
IE Business School, Spain 5
St. Gellen, Switzerland20
ESCP Europe, France8
Bocconi University, Italy=12
University College Dublin Smurfit, Ireland34
Rotterdam School of Management, Erasmus University, the Netherlands22
Munich Business School, Germany90 (in 2019)
Jacobs University, Germany 
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Best MIM/MSc programs UK

InstituteQS Business Masters Rankings: Management 2022
London Business School2
Imperial College Business School10
London School of Economics16
Warwick Business School19
Cranfield School of Management2

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Best MIM/MSc programs USA 

InstituteQS Business Masters Rankings: Management 2022
Michigan Ross School of Business17
The Fuqua School of Business, Duke University25
Questrom School of Business, Boston University45
Mays Business School, Texas A&M University55
Northeastern (D’AmoreMcKim)59
W. P. Carey School of Business, Arizona State University54
Clark University141-150

Best MIM/MSc programs Australia 

InstituteQS Business Masters Rankings: Management 2022
University of Sydney Business School26
Macquarie Business School=46
University of Wollongong, Sydney Business School=59
RMIT University

Best MIM/MSc programs Canada 

InstituteQS Business Masters Rankings: Management 2022
Ivey Business School, University of Western Ontario41
Sauder School of Business, University of British Columbia43
HEC Montréal82
John Molson School of Business, Concordia University=98
Haskayne School of Business, University of Calgary111-120 
University of Ottawa – Telfer School of Management141-150

Level of Education 

MIM is taught as a postgraduate course. 

Average Fee Required 

  1. USA- INR 16.3-20.8 lakh
  2. UK- INR 18.35-28.55 lakh
  3. Germany- INR 12.7-16.9 lakh
  4. Canada- INR 16.3-20.8 lakh
  5. Australia- INR 14.6-21.6 lakh
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Job Prospects

Graduates may start with positions as management trainees and analysts while also venturing into several profiles like business development managers, consultants, social media and digital managers, marketing managers, project managers, risk managers, human resource managers, sales managers, finance managers, store managers, bankers, entrepreneurs and more.

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Average Salary/Remuneration 

The average salaries usually hover around $93,529 per year (INR 71.19 lakh) for MIM graduates at leading institutions. On average, one can expect $75,000 (INR 57.08 lakh) while starting out. According to Payscale, here are some other salaries for varied positions: 

  1. Manufacturing Engineering Manager- $100-161,000 (INR 75 lakh to INR 1.22 crore).
  2. Marketing Consultant- $87-294,000 (INR 66.22 lakh to INR 2.23 crore).
  3. Customer Service Manager- $56-113,000 (INR 42.62 lakh to INR 86.01 lakh).
  4. Marketing Director- $103-169,000 (INR 78.39 lakh to INR 1.28 crore).
  5. Operations Supervisor- $43-86,000 (INR 32.73 lakh to INR 65.45 lakh).

Disclaimer! All course fees/salaries/expenses are indicative.

Shivangi Mishra

Sr. Content Editor

She is an experienced writer and journalist who has extensively covered the education sector in India and Abroad. Now helping Indian aspirants realise their foreign education dream by providing them with relevant content and information through upGrad Abroad. Amateur traveller, loves to read Architectural Digest!

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