For graduates of Business Bachelor's degrees, whether or not they have previously studied business, a Master in Management, or MIM, is a postgraduate programme that offers increased general management knowledge. A Master of Science (M.Sc.) or a Master of Arts (M.A.) degree will be awarded to you upon completion of the MIM programme.
For the most part, management degrees were developed as a less expensive alternative to MBA (Master of Business Administration) degrees since they offer a foundational understanding of entrepreneurship and leadership. So why pursue a Master's in Management rather than an MBA?
Numerous benefits come with a master's in management. For instance, you do not need a certain amount of job experience to be admitted. MIM degrees have become increasingly common over the past few years, not just in Europe but also in Asia, Australia, and Canada. 85% of all Masters in Management programmes offered globally are in Europe, mostly due to the modifications brought about by the Bologna process.
The fact that most MIM degrees are created for an international student audience and provide English-language courses also contributes to the growing popularity. The major topics covered in class are management theory, organizational behaviour, and other facets of the business environment.
One of the biggest benefits of a Master's in Management is that it allows you to expand your business skills immediately 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. Many MIMs have no work experience requirements or only require one year of previous employment.
Masters 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.
Want to study MS in the best colleges abroad? Here is the list of top universities to pursue an MS in Management in Australia?