MIM vs MBA in UK: Which Course is Better in 2024?

Students from all across the world, especially Indians, have considered the UK as one of the top study-abroad destinations to pursue various popular courses including MBA and MIM. Universities in the United Kingdom country not only provide excellent state-of-the-art facilities along with good teaching faculty and placements but also assists one in enhancing his/her overall personality by providing a multi-cultural atmosphere. Also, the requirement of a foundation course, lasting one year, for international students pursuing studies in business will soon be discontinued attracting more students to the UK. Read about the Top 10 Reasons to Study in the UK.

After Brexit, the country put forward its plans to raise the number of overseas student intake to 600,000. It hopes to reach this objective by the year 2030. Last year, in 2022, as per reports a total of 770,000 students from India were studying in foreign locations. Around 140,000 out of these students opted to pursue studies in the UK due to the reasons listed above and also because of the uncomplicated study visa application process and success rate.

This article is for those who are planning to go to the UK for an MBA or MIM degree and are confused between the two. Read the complete article to understand the points of similarities and dissimilarities between these two degrees and other details related to them.

MBA in UK

An MBA or a Master of Business Administration degree is pursued at a postgraduate level by those students who wish to amplify and develop their knowledge of the business sector and sharpen their business aspects. Obtaining an MBA degree helps one gain skills pertaining to management and this area of study and also helps gear up for roles required to lead a team. Students get a good understanding of running a business and also equips them with critical and tactical skills.

Specialisations: International Business, Project Management, Human Resource Management, Risk Management, Investment Banking, Marketing, Change Management, Marketing, Entrepreneurship, etc.

Top MBA Universities in UK

Why Pursue MBA in the UK?

There are various reasons which make pursuing an MBA in the UK worth your time and money. Some of the major reasons have been highlighted below:

Reputable Universities: The UK has a set of high-ranking higher education institutions, including business schools and universities, which attract students from all over the world. The teaching is imparted by top mentors and business leaders, some of whom come from overseas. Courses are cost-effective and obtaining an MBA from a known UK university can also serve as a highlight in your resume.

One-Year Format: The duration of most of the MBA programmes offered at UK universities is one year. This is the reason behind the popularity of this course in the UK and many overseas students apply for the same. This is helpful for those who are working professionals and need to obtain an MBA degree without taking a long gap. So one can pursue this degree which allows you to get acquainted with business education in a shorter duration. The curriculum set is concise and covers all the major business-centric areas. This MBA format also helps save time and cost.

Building Contacts: All the reputed business schools in the United Kingdom have collaborated with top companies and industries offering excellent internship and employment opportunities. Guest lectures, workshops, and seminars are often conducted in which top leaders from the corporate world are invited to share their experiences. Students are able to interact and form networks with various professionals and company employees visiting their universities.

MIM in the UK

If you’re a fresh graduate with less work experience and intend to extend your perspective of the business world, its functions, and objectives and want your resume to stand out in the job market, a MIM or Master’s in Management degree is right for you. A postgraduate qualification, a MIM concentrates on gaining significant business and management skills for those who are just about to enter the corporate world. As compared to the MBA, this degree takes lesser time to complete. So if you’re in a hurry to get a qualification that would equip you with all the right skills for the business world, enroll yourself for a MIM.

Specialisations: Accounting, Operations Management, Financial Management, Global Marketing, Analytics, Business Ethics, Supply Chain Management, etc.

Top MIM Universities in UK

Why Pursue MIM in the UK?

Highlighted below are some of the major reasons that might inspire you to pursue a MIM from universities in the UK.

Experience not Mandatory: Applicants for a MIM degree do not necessarily require work experience as even recent graduates are considered for the same. Some universities need you to be holding very less experience which is again an advantage for those who have just entered the professional world.

Career Placement Support: The career placement services provided at most of the UK universities and colleges are very effective, yielding positive outcome. This is because most of these institutions have good ties up with HR teams of various top companies, which offer good career and internship placement opportunities for students. Other services such as career counselling, campus recruitment, etc., are also provided.