MIM degrees have become more and more common over the past few years, not just in Europe but also in Asia, Australia, and Canada. With the Bologna process now fully implemented, Europe now offers 85% of all Masters in Management programmes offered globally.

The fact that the majority of MIM degrees are created for an international student audience and provide English-language courses contributes to the growing popularity as well. Management theory, organisational behaviour, and other facets of the business environment are some of the major topics covered in class.

According to the 2016 GMAC Applicants Trends Survey, as a result of the interest in business studies, the number of applications for European MIM programmes has climbed by 58% in 2016; similarly, the number of applications for half of the U.S. MIM programmes has increased by 36%.

The majority of foreign MIM alumni come from China, India, Germany, and Italy, while 29% of applicants to MIM degree programmes globally are non-business undergraduates.

Several Masters in Management in Europe programmes offer the chance to travel abroad, get international experience, and hear from top experts from around the world thanks to partnerships between top business schools and organisations throughout the world.

One of the biggest benefits of a Master in Management is that it gives you the opportunity to expand your business skills right away after finishing a Bachelor’s programme.

For admission to traditional business degrees, such as an MBA, candidates typically need between three and five years of prior job experience. Several MIMs have no work experience requirements or only require one year of prior employment.

Master in Management programmes lay the groundwork for a successful career launch and help recent graduates land a decent job in a competitive labour market with high expectations.

The Masters in Management in Europe, which was first offered as a Master of Science (MSc) degree, is designed as a curriculum delivering in-depth theoretical coursework and a fantastic learning environment. You can also pick from a variety of fascinating electives, like those on the psychology of money, e-commerce, corporate ethics, etc. Even learning a second language may be required as a programme exit requirement for some MIM degrees.

Yet, a growing number of business schools are introducing practical experiences, increasing the adaptability of MIMs to meet the demands of the present global labour market.

A combination of guest lecturers from renowned organisations, internship opportunities, and practical sessions meet the demand of ambitious business professionals for real-world experience.

The field of management necessitates extensive expertise in a wide range of related fields. Classes on a wide range of topics are included in master’s in management programmes in an effort to meet this need.

Prospective managers are equipped to participate in pertinent debates and comprehend the intricate relationships between important business themes.

MIMs frequently place a strong emphasis on developing leadership abilities and personal growth. Team Building activities are frequently a significant part of MIM seminars and courses.

A MIM degree will primarily assist you in enhancing your ability to communicate effectively with others, solve problems quickly, and apply managerial theory to the real world of business. You’ll be able to manage the difficulties associated with world events and have a comprehensive understanding of how a firm functions when taking the socioeconomic environment into account.

Generally speaking, Masters in Management are far less expensive than other, more well-known and sought-after Business programmes, including Masters of Business Administration. Depending on the university, specialisation, and even the location, the annual MIM study fee might range from 2,000 to 30,000 EUR.

Even while MIM programmes offered by business schools in the UK and the US often have higher tuition costs, even the highest tuition is typically half the cost of an MBA programme provided by any institution in the globe.

More than half of the global programmes available for a Master in Management in Europe do not require a background in business or economics, which is an additional significant benefit. For students seeking a change of career but who have earned a Bachelor’s degree in a different subject, this is a fantastic chance.

Together with the Bachelor’s degree, you will typically need to take the GMAT or the GRE and demonstrate your language proficiency.