Best MIM programs in the world- What to know

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

Institute QS Business Masters Rankings: Management 2022
HEC Paris, France 1
ESADE, Spain 6
ESSEC, France 3
IE Business School, Spain  5
St. Gellen, Switzerland 20
ESCP Europe, France 8
Bocconi University, Italy =12
University College Dublin Smurfit, Ireland 34
Rotterdam School of Management, Erasmus University, the Netherlands 22
Munich Business School, Germany 90 (in 2019)
Jacobs University, Germany 

Best MIM/MSc programs UK

Institute QS Business Masters Rankings: Management 2022
London Business School 2
Imperial College Business School 10
London School of Economics 16
Warwick Business School 19
Cranfield School of Management 2

Best MIM/MSc programs USA 

Institute QS Business Masters Rankings: Management 2022
Michigan Ross School of Business 17
The Fuqua School of Business, Duke University 25
Questrom School of Business, Boston University 45
Mays Business School, Texas A&M University 55
Northeastern (D’AmoreMcKim) 59
W. P. Carey School of Business, Arizona State University 54
Clark University 141-150

Best MIM/MSc programs Australia 

Institute QS Business Masters Rankings: Management 2022
University of Sydney Business School 26
Macquarie Business School =46
University of Wollongong, Sydney Business School =59
RMIT University

Best MIM/MSc programs Canada 

Institute QS Business Masters Rankings: Management 2022
Ivey Business School, University of Western Ontario 41
Sauder School of Business, University of British Columbia 43
HEC Montréal 82
John Molson School of Business, Concordia University =98
Haskayne School of Business, University of Calgary 111-120 
University of Ottawa – Telfer School of Management 141-150

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

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.

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.

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