Masters in Management

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New answer posted

a year ago

0 Follower 4 Views

Shiksha Ask & Answer
Anushree Sinha

Contributor-Level 10

Opting to study abroad is a major step that student take for their career and managing the expenses including the tuition fee and living costs play a deciding factor in this decision. Here is where scholarships dive in and help students study in their dream college by cutting down a portion of their expenses. For the students looking forward to pursue a Master's in Management degree abroad, some of the top scholarships are:

  • HEC Foundation Student Scholarships 

  • MIM Merit Scholarship for London Business School 

  • Essec Academic Excellence Scholarship 

  • INSEAD Financial Fellowship 

  • Ivey Business School Financial Need Awards&nb

...more

New answer posted

a year ago

0 Follower 4 Views

Shiksha Ask & Answer
Anushree Sinha

Contributor-Level 10

International students must fulfill the admission requirements listed below to pursue MIM abroad:

  • Bachelor's in Management or a related field

  • Overall grade point average i.e. GPA of 3.0 on a 4.0 scale or its equivalent

  • Overall IELTS score of 6.0 or higher / TOEFL score of 80 - 100 or higher

  • Good GMAT score

  • Statement of Purpose (SOP)

  • 2 - 3 Letters of Recommendation (LORs)

  • CV / Resume 

  • Student study visa and valid passport 

  • Proof of financial resources

  • Work experience (if applicable)

New answer posted

a year ago

0 Follower 7 Views

Shiksha Ask & Answer
Anushree Sinha

Contributor-Level 10

Yes, MIM usually costs lower than MBA abroad. Listed below is a comprehensive comparison between the MBA and MIM annual tuition fee details of top business schools:

UniversityAnnual tuition fee (MIM)Annual tuition fee (MBA)
HEC ParisINR 26 LINR 21 L - 69 L
Stanford University
INR 34 L - 1 Cr
INR 34 L - 1 Cr
Massachusetts Institute of TechnologyINR 35 L - 76 LINR 35 L - 76 L
INSEADINR 67 LINR 65 L
London Business SchoolINR 46 L - 50 L
INR 38 L - 86 L

New answer posted

a year ago

0 Follower 4 Views

Shiksha Ask & Answer
Anushree Sinha

Contributor-Level 10

Pursuing an MIM degree (Masters in Management) in top countries abroad is expensive. On average, the cost of studying MIM abroad ranges between INR 10 L - 40 L per year.

Another important factor to consider while studying abroad is the cost of living, which varies as per the choice of country. For example, the average living cost in the UK can be around INR 12 L - 24 L per year. Whereas, the average5 of living in the USA for international students is around INR 20 L - 25 L per year.

New answer posted

a year ago

0 Follower 5 Views

Shiksha Ask & Answer
Anushree Sinha

Contributor-Level 10

Master's in Management is one of the best courses for fresh graduates with minimal work experience and is particulary popular in European countries. Some of the top countries to pursue an MIM degree are:

ItalyGermanySpain
FranceUnited KingdomUnited States

New answer posted

a year ago

0 Follower 4 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

The tuition fee for Masters in Management 2024 intake is £47,500 (Around INR 52 L). Additionally, students are required to pay a Student Association fee of £180. Besides this, students are required to pay other fees and living cost. The average cost of living in the UK for international students is around £12,000 – £15,600 per year.

New answer posted

a year ago

0 Follower 11 Views

Shiksha Ask & Answer
Chandra Shekhar

Contributor-Level 9

Macquarie University offers an affordable Masters in Management in Australia for international students. The tuition fees vary from INR INR 18 L - 27 L for first-year to study MIM at the university. Applicants can study the MIM program in over 30 specializations at the university. Therefore, Macquarie University is good for studying Masters in Management.

New answer posted

a year ago

0 Follower 3 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

The quality of MIM in Germany depends on the university from where a student is studying. A MIM from Germany improves international business knowledge and skills by teaching about the management practices used in International management operations. A few of the factors that make Germany a good destination for MIM are:

  • International Environment: Germany is a popular destination among international students. A diverse and multicultural student community study in Germany. This in turn can be a great opportunity for students to network with other fellow students of different backgrounds and cultures
  • Low tuition fees: Compared to the US and
...more

New answer posted

a year ago

0 Follower 8 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

IESE Business School MIM admission requirements are given below:

  • An undergraduate degree
  • English language proficiency test
  • GMAT / GRE
  • Personality, motivation, goals, leadership abilities and communication abilities

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