A Master of Management is a postgraduate program that aims to provide students with a comprehensive understanding of business management fundamentals.
Top-tier MiM programs are offered by renowned universities such as London Business School, HEC Paris, IESE Business School, the University of St. Gallen etc, which draw students from all over the world. These programs frequently cater to new graduates or early-career professionals, equipping them with the skills and information required to flourish in varied business environments and further their careers in management.
If you are planning to pursue MiM abroad, read this insightful blog to learn about the top career opportunities after the successful completion of this degree course.
Top Reasons to Pursue MiM Abroad
The following section entails some of the key reasons why you must choose to pursue MiM abroad.
1. Versatile career opportunities: An MIM degree opens up many opportunities in consulting, banking, technology, retail, and more industries. This adaptability allows you to take numerous pathways and find the best fit for your interests and abilities.
2. Accelerated career advancement: The program focuses on building key business and leadership abilities, making you a strong contender for managing and executive positions. Many MiM graduates get a big pay boost within a few years of finishing the program.
3. Global perspective and connections: The foreign education experience gives you a thorough awareness of other cultures, economies, and business processes, making you an invaluable asset in today’s interconnected world. Furthermore, the broad alumni network might provide access to fascinating opportunities globally.
4. Hands-on learning and practical skills: MiM programs emphasize hands-on, real-world learning through case studies, group projects, and internships. This hands-on approach helps you use your knowledge and build abilities employers value, such as problem-solving, decision-making, and teamwork.
Careers after MiM
MiM is becoming increasingly popular among students wanting to pursue management as their long-term career. MiM has flexible admission criteria and offers promising job opportunities after course completion.
MiM equips students with personality development traits and interpersonal skills to prepare them for leadership roles worldwide. Thus, students can be sure of jobs after MiM in managerial and supervisory roles.
Average salaries in jobs after MiM
As reported, students who pursue a Master’s in Management at top universities can expect a salary of $50,000 to $100,00 per annum.
Top Universities for a Successful career after MiM
Pursuing MiM alone is insufficient to build a rewarding career. You need to pick the right university that helps you build a promising career. Here are some of the top MiM universities across the globe that promise lucrative job opportunities after MiM:
Universities | Average Salaries(per annum) |
London Business School, UK | $46,000-$1,13,000 |
ESSEC Business School, France | $1,36,000 |
INSEAD, France | $1,52,000-$2,21,000 |
HEC Paris, France | $1,36,000 |
IE Business School, Spain | $60,000-$68,000 |
Copenhagen Business School | $89,000 |
Esade Business School, Spain | $79,000 |
Imperial College Business School, UK | $81,000-$1,26,000 |
ESCP, Europe | $93,000 |
Please note: The salaries mentioned in the table above are for reference purposes only. Actual salaries will vary depending on various crucial factors.
Job Opportunities after MiM
The following table entails popular job sectors and average salaries individuals can leverage after completing their MiM programs.
Job Sectors | Average Salaries |
Supply Chain Analyst | $50,000 – $75,000 |
Management Consultant | $65,000 – $150,000 |
Marketing Coordinator | $40,000 – $60,000 |
Finance Analyst | $60,000 – $100,000 |
Sales Manager | $60,000 – $120,000 |
Project Manager | $65,000 – $120,000 |
Human Resource Specialist | $45,000 – $70,000 |
Please note: The salaries mentioned in the table above are for reference purposes only. Actual salaries will vary depending on various crucial factors.
Top Recruiters for jobs after MiM
MiM from a reputed university opens doors to some of the top recruiters across the globe. Fields like finance, consulting, retail, and technology are some popular sectors among recruiters. Here are some popular recruiters for jobs after MiM.
Boston Consulting Group | Amazon |
Loreal | Mckinsey |
KPMG | BNP Paribas |
Deloitte | Accenture |
IBM | |
Microsoft | Apple |
How is MiM different from MBA?
Both MiM and MBA give you a master’s degree in Management studies, but there are some differences between the two. An MiM program is designed for students with little or no work experience whereas an MBA is intended for students who have a minimum of two to five years of work experience. Generally, the duration of a MiM program is around 10 months while the duration of an MBA is about 2 years. A MiM program can be completed with 50% of the cost of the MBA program. Some MiM programs may require GRE or GMAT scores, while most MBA programs require GMAT or GRE scores.
A Final Word
A MiM course opens opportunities for careers in various sectors like finance, consulting, marketing, and management. This qualification helps individuals strengthen their business skills, making them desirable candidates for global corporations, promising many lucrative job opportunities after MiM. Graduates frequently land jobs in a variety of industries, utilizing their well-rounded skill set to flourish in dynamic and global work contexts, paving the way for fulfilling and influential worldwide careers.
Now, even if you know about the best MIM job possibilities, careers after MiM, and average salaries for leading colleges, the application and hiring process can still be complex and complicated.
But don’t worry; LilacBuds can make your study abroad application experience as smooth as possible. LilacBuds consultants can help you shortlist a college and course as per your budget, skill set, and profile. Furthermore, you can also seek their expert assistance with university applications, visa applications, and even complicated financial matters regarding studying abroad.
So, contact them today to embark on a remarkable study-abroad journey and a lucrative global career!