Who is the Master in Management (MIM) For?
Master in Management programs is famous among new students and postgraduate professionals who want to enter the business fields and focus on management.
About 85 percent of MiM applicants are under the age of 24, according to the Graduate Management Admission Council’s(GMAC) mba.com Prospective Student Survey.
1.5 years experience among the nominees. In addition, these candidates list international learning opportunities and career opportunities, and the opportunity to acquire management skills as is their key to learning MiM, according to GMAC.
Overall, there is an equal gender gap: about 56 percent of MiM applicants are male, and 44 percent are female.
Regarding educational background, 64 percent have business-related qualifications, 29 percent are from STEM degrees, and 12 percent are pursuing a degree in humanities or social sciences.
About The Degree
A Master in Management, or MiM, is a higher education degree that provides management knowledge and organizations. Recently, MiM developed as an affordable alternative to the Master of Business Administration (MBA) for students with degrees from various disciplinary backgrounds with little or no business experience wishing to switch to Management.
MiM degrees are offered as Masters of Science or Masters of Arts, focusing more on theoretical knowledge than regular MBA. However, universities also focus on providing appropriate management skills training such as analytical skills, leadership, and communication skills. In addition, business colleges and schools offer management courses specialists on various topics, delivery methods, and focus.
MMiM’smost familiar tracks include global business management, performance management, business finance, marketing analysis, business and innovation, and performance management systems. In addition, students become familiar with different management systems and software tools and marketing strategies in national or international contexts during the course.
Management Masters graduates benefit from making many career decisions in many fields and industries such as marketing, accounting, finance, labor, health care, supply chain management, consultancy, public administration, etc. They may serve as sales managers, accountants, financial analysts, budget strategists, business advisers, investment brokers, etc.
Types of Masters in Management
How long are master’s degrees? MLM programs come in a variety of lengths and formats.
One-year specialist in Management
Most Master in Management degrees one year, individual programs. Also these are ideal for candidates who want to expand their career opportunities or already have previous work experience. They graduate faster and apply what they have learned as quickly as possible.
“graduate of a one-year program will be able to look for opportunities quickly and benefit from the knowledge gained in his or her studies,” said Christos Tsinopoulos, director of management programs at Durham University Business School.
Two-year specialists in Management
The two-year Master in Management program is famous among students who want to immerse themselves in specialized courses and gain additional international exposure or work experience.
Business schools in France — such as HEC Paris and ESSEC Business School — offer Grande Ecole programs. In your first year, you complete the MiM core curriculum, focus on a specific area, earn special master’s degrees. And gain work experience with an internship in your second year.
Online Masters in Management
Online Master in Management is an excellent opportunity for students who want more flexibility and access to advanced programs. The online format is best suited for MiM students who wish to work, earn a living, and study simultaneously.
MSC in Aston Business School Management is available online and in-person formats. Unfortunately, being online is twice as long (two years than one) as it has happened for some time.
Specialized Management Specialists
Some MiM programs have built-in information focused on a specific job or industry. For example, take a Master in Management of Disruption at Esade Business School, a program designed explicitly for STEM graduates, which helps them lead the disruption in technology companies.
Also Other Masters specializing Positions in Management include:
Strategic Management Master of International Business / Master of Global Business Management and Corporate Sustainability Master’s Degree Management and Technology Master’s Degree Management and Leadership Master’s Degree Master of Science
Master of Business Administration Cost
A Master of Management degree costs different amounts depending on where you study.
With European MiM plans from low to medium, you can expect to pay less than the US $ 20k. Tuition is best bought if you are an EU student living within the EU. It is usually part of the amount paid for international students.
Scholarships are costly in MMaster’sadvanced programs in Management programs. For example, at schools such as EDHEC and ESSEC, international students pay more than the US $ 50k for two- to three-year programs.
MLM programs in the United States are costly. For example, the MiM ten-month program at Duke University’s Fuqua School of Business costs just under the US $ 58k.
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