Masters in Management or MiM is a popular postgraduate degree program for recent graduates or young professionals interested in a management career. This blog post presents a list of some of the top Masters in Management programs in Europe and their key features. For graduates considering a Masters Abroad, this is the go to resource guide.
QS Ranking for Masters in Management in 2025
QS 2025 Rank | University | Program | Location | Overall Score | Value for Money |
1 | HEC Paris | Master in Strategic Management | Paris, France | 100 | 100 |
2 | Stanford Graduate School of Business | MSx | Stanford (CA), United States | 96.9 | 98.6 |
3 | ESSEC Business School | Master in Strategy & Management of International Business | Paris, France | 96.8 | 100 |
4 | London Business School | Masters in Management | London, United Kingdom | 96.7 | 85.2 |
5 | MIT (Sloan) | Master of Science in Management Studies | Cambridge (MA), United States | 94.3 | 98.6 |
6 | INSEAD | Master in Management | Fontainebleau, France | 92.4 | 89.4 |
7 | Yale School of Management | Master of Advanced Management | New Haven (CT), United States | 92.3 | 99.8 |
8 | ESCP Business School | Master in Management | Paris, France | 91.8 | 94.6 |
9 | IE Business School | Master in Management | Segovia, Spain | 90.9 | 93.2 |
10 | CEMS | CEMS Master in International Management | Paris, France | 90.5 | 97.3 |
11 | IESE Business School | Master in Management | Barcelona, Spain | 89.1 | 94.9 |
11 | Northwestern (Kellogg) | Master in Management | Evanston (IL), United States | 89.1 | 100 |
13 | SDA Bocconi School of Management | MSc in International Management | Milan, Italy | 88.6 | 94.9 |
14 | Copenhagen Business School | MSc in Economics and Business Administration | Copenhagen, Denmark | 87.5 | 70.7 |
15 | Imperial College Business School | MSc Management | London, United Kingdom | 86.9 | 57.3 |
Ready to take your career to the next level with a top Masters in Management program? Let GOALisB Admission Consulting guide you through every step of the application process!
What are the application deadlines for Top Masters in Management Programs in the World?
QS 2025 Rank | University | Program | Round | Application Deadline | Decision Date |
1 | HEC Paris | Master in Strategic Management | 1 | October 10, 2024 | November 22, 2024 |
2 | January 6, 2025 | February 18, 2025 | |||
3 | February 27, 2025 | April 11, 2025 | |||
4 | April 14, 2025 | June 3, 2025 | |||
2 | Stanford Graduate School of Business | MSx | 1 | October 15, 2024 | December 5, 2024 |
2 | January 8, 2025 | April 3, 2025 | |||
3 | February 13, 2025 | April 3, 2025 | |||
3 | ESSEC Business School | Master in Strategy & Management of International Business | 1 | October 23, 2024 | November 29, 2024 |
2 | January 13, 2025 | February 26, 2025 | |||
3 | March 5, 2025 | April 24, 2025 | |||
4 | May 12, 2025 | June 19, 2025 | |||
4 | London Business School | Masters in Management | 1 | October 7, 2024 | December 12, 2024 |
2 | January 3, 2025 | March 13, 2025 | |||
3 | March 10, 2025 | May 8, 2025 | |||
4 | May 1, 2025 | June 19, 2025 | |||
5 | MIT (Sloan) | Master of Science in Management Studies | - | February 21, 2025 | April 7, 2025 |
6 | INSEAD | Master in Management | 1 | October 1, 2024 | November 22, 2024 |
2 | December 10, 2024 | January 31, 2025 | |||
3 | February 25, 2025 | April 25, 2025 | |||
4 | April 29, 2025 | June 27, 2025 | |||
7 | Yale School of Management | Master of Advanced Management | 1 | January 8, 2025 | February 24, 2025 |
2 | February 19, 2025 | April 11, 2025 | |||
3 | April 9, 2025 | May 13, 2025 | |||
8 | ESCP Business School | Master in Management | Fall | October 22, 2024 | November 22, 2024 |
Winter | January 16, 2025 | February 19, 2025 | |||
Spring | March 17, 2025 | April 17, 2025 | |||
Summer* | May 6, 2025 | June 6, 2025 | |||
9 | IE Business School | Master in Management | - | Rolling Admissions | - |
10 | CEMS | CEMS Master in International Management | - | Not Available | - |
11 | IESE Business School | Master in Management | - | Rolling Admissions | - |
11 | Northwestern (Kellogg) | Master in Management | 1 | October 9, 2024 | Not Specified |
2 | January 15, 2025 | Not Specified | |||
3 | April 9, 2025 | Not Specified | |||
4 | May 21, 2025 | Not Specified | |||
13 | SDA Bocconi School of Management | MSc in International Management | - | Not Available | - |
14 | Copenhagen Business School | MSc in Economics and Business Administration | - | Not Available | - |
15 | Imperial College Business School | MSc Management | 1 | September 26, 2024 | November 28, 2024 |
2 | January 9, 2025 | March 6, 2025 | |||
3 | March 13, 2025 | May 8, 2025 | |||
4 | May 1, 2025 | June 19, 2025 |
What is the difference between MBA and MiM?
The key difference between MBA and MiM programmes is that the former is typically for individuals with a few years of work experience, while the latter is a start for students with little to no work experience and who are recent graduates, while both programmes cover a wide range of syllabus and general business principles.
Not sure which course you are eligible for? Connect with our admission consultant to discuss your profile.
Criteria and Application Process
Business schools have a set of criteria for the admission procedure into the MiM program, below is a list of all the checkpoints to look after before applying for it:
An Undergraduate Degree is Mandate
To achieve a seat in the MiM course, the individual has to obtain an undergraduate degree from a recognized university. In some cases, a diploma is also accepted. One must also check whether the institute you are applying for, requires applicants to have studied a particular subject at graduation level. However, Masters in Management Programs are generally open to all individuals with different academic backgrounds.
Professional Experience
Though work experience is not compulsory for MiM courses, some B-schools may ask for one, say a little work experience of two years or less.
Need for GMAT or GRE Scores
To apply for a Masters in Management Programs, some universities require candidates to take the GMAT or GRE tests or they may even require your IELTS scores. There are no guidelines on the scores. Some of the schools keep a score of 500, while others keep a score of around 600-800.
Mostly schools expect at least 600 points on the GMAT score, with a good score of 650 is expected to qualify for a Merit-Based stipend . A GMAT score below 600 does not imply that you won't be accepted, you may need to highlight other assets, such as your high grades in the undergraduate degree, or eminent extracurricular achievements.
Reference Letters
You would certainly need to submit letters of recommendation or references to qualify for the Masters in Management programs. Depending on the programs you're applying to, you may have to send two or three different letters. Often business schools have specifications for who will write the letters, you will have to send two letters, one from a former professor and one from a non-family member who knows you.
Benefits of MiM
Masters in Management program can be beneficial to boost your career in numerous ways, some of these are:
Internationally Acclaimed
For the past few years, MiM has gained a lot of popularity globally, from Europe, Australia to Canada, and Asia. The growing popularity is also reinforced by the fact that the majority of MIM courses have been developed to attract an international student audience.
Obtain a Masters with No to Little Work Experience
One of the key benefits of a master's degree in management is that it provides the ability to develop your business skills immediately after your bachelor's degree. Traditional degrees like an MBA require a significant degree of initial work experience, typically between 2 to 5 years, whereas MIMs have no requirements for work experience or might expect a maximum of one year in the previous job.
Expand your Managerial Skills
A MIM degree will primarily allow you to develop outstanding interpersonal human behaviour, solve problems quickly and you will be able to apply management theory in the business world. You can know how clearly an organisation deals with the social and economical world and can handle the problems of global affairs.
Affordable and Highly paid program
Masters in Management Programs are typically inexpensive than most of the major business courses. Depending on the popularity of the university, your specialization and the location, the annual MiM study fee may vary between 3,000 to 40,000 Euro.
Pay Scales of MiM passouts are quite higher than other simple management graduates.
MiM holders' salaries in countries like the US are about $61 thousand for those with less than one year's experience and around $68 thousand with 4 to 9 years of experience.
Top International Colleges offering Masters in Management
Below is the list of the top institutes offering MiM, choose wisely :
HEC, Paris
London Business School
ESSEC, France
ESADE, Spain
Imperial College London
IE Business School
London School of Economics
CEMS
University of Copenhagen, Denmark
ESCP Europe Business School
Masters in Management programs are offered by the best college for MBA in world for aspirants who have lesser work experience. The MiM program offers the graduates a strong base of management concepts and prepares them to pursue management careers on completion. If you are a young aspirant looking at a cutting edge program which prepares you for the business world from a lead ranking school you can choose the best college for MBA in world for reaching your aspirations. Share your resume, GMAT or GRE scores and grades to discuss with our admission consultant.
Master in Management ( MiM ) Programs in Europe
INSEAD Master in Management ( MiM) :
INSEAD is by far the best college for MBA in world and it offers a Master in Management ( MiM ) program with a duration of 14-16 months, for professionals with 0-2 years of work experience, average age of 22 at multiple campuses - Fontainebleau and Singapore (with optional study trips to Abu Dhabi, China and the USA)
HEC Master in Management ( MiM ) :
HEC is the best college for MBA in world from the point of view popularity and it offers the HEC Master in Management /Grande Ecole Program ( MiM ) for high potential applicants with little or no work experience. The HEC Master in Management ( MiM ) program allows an optional gap year for graduates to add professional work experience.
IE Master in Management ( MiM ) :
IE offers the Master in Management ( MiM ) program at its campus in Madrid for a duration of 10 months offering 5 different tracks and more than 50 free electives.
London Business School also falls under the top ranked best college for MBA in world. It offers the Master in Management ( MiM ) which is a 12-16 month program at its campus in London for applicants with 0-2 years of experience.
Some Master in Management ( MiM Programs ) in the US:
Duke Fuqua Master in Management ( MiM ):
Duke Fuqua Offers a 10 month Master of Management Studies - Foundations of Business program which also qualifies under the STEM designation giving international students who meet certain requirements 2 years longer to work in the US.
Duke Fuqua offers two Master of Management Studies degrees—MMS: Foundations of Business and MMS: Duke Kunshan University.
Kellogg School of Management at Northwestern University:
Another in the list of the best college for MBA in world - MMM at Kellogg School of Management is a dual degree program. MMM graduates receive an MBA from Kellogg and an M.S. in Design Innovation from the Segal Design Institute at the McCormick School of Engineering and Applied Science.
University of Michigan’s Ross School of Business Master in Management ( MiM) :
One more from the top ranked best college for MBA in world - Michigan Ross Master of Management program is a 10-month intensive degree program for recent college graduates with 0-2 years work experience.
Contact an admission consultant at Goalisb for the Masters in management programs you are eligible for and get school recommendation and application assistance.
There are Various MBA Courses That Do Not Require Work Experience
Most MBA aspirants are aware of the significance of having prior professional work experience to gain admissions in top business schools across the globe. It is evident that entering into an MBA program after some amount of corporate experience makes it easier for a student to grasp the essence of the business management studies. However, there are various MBA courses that offer admissions to domestic as well as international applicants without any prior work experience. This makes it possible for young undergraduate degree holders to kick start their business administration studies fresh out of college.
Countries Offering MBA Opportunities Without Prior Industry Experience
After contemplating the pros and cons of an MBA without work experience one can begin looking for MBA courses with no minimum work experience requirement. Many countries all around the world offer opportunities for MBA aspirants to begin their MBA journeys without any prior industry experience. Some of these countries and corresponding business schools are mentioned below in this article.
United Kingdom
There are various universities and business schools in the United Kingdom that offer general MBA programs without work experience. Some of these universities include the following:
University of Northampton
South Wales University
University of Greenwich
University of West London
University of Derby
Central Lancashire University
Cardiff University, and more
Instead of the usual minimum work-experience requirement of between 2 to 3 years in most B-Schools in the UK, these universities accept fresh graduates for MBA programs as well. The courses tend to be one year long and provide a lot of exposure for students to build a network and land good jobs.
Students with some work involvement like internships during undergraduate studies might also find these MBA courses helpful. The program fee varies from university to university between the range of $13,000 to $53,000 for the full program.
Germany
In most European countries like Germany, there are various management courses available for students apart from general MBA courses. Students aspiring to become a part of the management realm can enroll in courses like MBA, Masters in Management (MiM), or MSc in Management in some of the top-ranking business schools. These B-Schools in Germany that offer admission to management courses without work experience include:
Technical University of Munich
Ludwig Maxmilians University of Munich
University of Tubingen
University of Ulm
University of Kiel
University of Stuttgart
The University of Bremen, and many more.
Among these universities, some require students to have a four years bachelor’s degree or three years of bachelor's followed by a one-year postgraduate degree. The most interesting thing about studying in Germany is that public universities do not charge tuition fees even from international students. Therefore, one just needs to pay the semester fee in the range of $250 to $500 and also cover their living expenses and cost of books and study material.
Sweden
In Sweden, students can apply for the Masters in International Business (MIB) or Masters in Business and Management (MBM) courses. These are two-year degree programs offered by the Stockholm School of Economics, Sweden. Moreover, these are taught in English and do not require mandatory work experience for applicants to be eligible. Students with knowledge of another foreign language as well as proof of proficiency in the English language stand a better chance of getting accepted into the MIB or MBM programs at the university. The fee for the course is around $15,000.
These courses are competent with some of the best MBA courses offered by top-ranking business schools across the world. Alumni students of these courses tend to secure job placement in various fields with high salary packages.
Canada
Canada is counted among the most sought-after higher education study destination by students from different corners of the world. This is applicable even for MBA aspirants who wish to pursue their management studies without any prior work experience. Many business schools and universities in Canada offer admissions in MBA programs to outstanding academic performers even without work experience. Some of these institutions include the following:
Rotman School of Management, University of Toronto
Lazaridis School of Business and Economics in Toronto
Thompson University
University of Cape Breton
Schulich School of Business, York University in Toronto
Their application requirements are common to any other MBA program specifications like GMAT/GRE scores, English proficiency for an international student, and undergraduate degree proof. The program fees for an MBA in Canada have an average of $21,000.
Australia
MBA without work experience is less common in Australia where usually business schools require an applicant to have at least 2 to 3 years of work experience. However, the following schools offer admissions to MBA applicants without any stringent work experience requirement for eligibility:
The University of Tasmania with a course fee of $46,000.
RMIT University, Melbourne having a course fee of $30,000.
The students must possess an undergraduate degree from a recognized higher education institution which is equivalent to a degree from any Australian institution or university.
More Resources for Exploring Masters:
1. Broaden Your Global Perspective with a Master’s Abroad
Ready to take your education international? Check out our guide to Master’s programs abroad to explore the benefits, popular study destinations, and tips for selecting the best program for your career goals.
2. What to Expect from a Master’s in Finance
If finance is your focus, a Master’s in Finance might be the right fit. From core finance principles to specialized tracks, learn what this degree offers and explore top programs like Warwick Business School’s MSc in Finance and EDHEC’s Master in Finance.
3. Business Analytics: Turning Data into Actionable Insights
Data-driven decisions are essential today, and a Master’s in Business Analytics can equip you with the tools to harness data effectively. Discover top programs such as UCLA’s Business Analytics Master’s to lead in this growing field.
4. Master’s in Management: Foundations for Future Leaders
For those eyeing leadership roles, a Master’s in Management provides a well-rounded education in strategy, operations, and team dynamics. Programs like HEC Paris’s Master in Management and ESSEC’s Master in Management are great starting points.
5. Streamlining Global Operations with a Supply Chain Degree
Pursuing a career in logistics and supply chain? A Master’s in Supply Chain Management is designed for those who excel in operational efficiency. Dive into programs like the Michigan Ross Master’s in Supply Chain Management or Erasmus’s program in supply chain to see what’s possible.
6. Advancing in Marketing: Creativity Meets Strategy
If brand strategy, consumer insights, and market dynamics excite you, consider a Master’s in Marketing. Programs like the ESSEC Master in Marketing provide the skills needed to lead in today’s competitive marketing landscape.
7. Top Choices for Finance Specializations
Interested in a deep dive into finance? Explore specialized programs such as the Master in Finance at WHU Otto and HEC Paris’s Finance program for tailored courses in investment, risk, and financial markets.
8. Deferred MBA Opportunities for Early-Career Professionals
The ISB PGP YL program offers a unique deferred MBA path for young professionals, providing work experience before diving into a full MBA curriculum.
9. Industry Trends and Insights: Explore Our Blog
Our blog features the latest on Master’s programs, admissions advice, and industry trends to keep you informed and inspired on your educational journey.
10. Leading Business Schools for Specialized Programs
Take a closer look at world-class institutions with highly regarded programs such as Stanford’s MSx for experienced professionals and the HEC Paris Master’s in Data Science for those passionate about analytics and AI.
11. Insights into European Supply Chain Education
WU’s Master in Supply Chain Management offers a European perspective on supply chain management, preparing graduates for the logistics challenges of global markets.
In conclusion, there are numerous opportunities for students to pursue their aspirations to acquire an MBA degree without having any prior work experience. However, it is often observed that students who have some level of experience in the corporate world find it easier to become acquainted with the managerial and business concepts that make up the entire MBA coursework. Yet it is not impossible for someone with an excellent academic record to land an admission in an MBA program of some of the best business schools in different parts of the world. The key lies in creating a resume that can catch the eyes of an admissions committee.
Don't leave your future to chance. Contact GOALisB Admission Consulting today for a free profile evaluation and personalized advice on your MiM journey!
Remember, with GOALisB, your dream of studying at a world-class business school is within reach. Let's make it happen together!
What is a master's in management degree?
Introduction:
One of the most in-demand graduate programs is a Master's in Management, which is aimed at individuals seeking to begin their careers in business, leadership, and management. It is an extremely versatile and all-inclusive program suitable for early-stage professionals or individuals looking to transition into management without necessarily holding an undergraduate degree related to business. This blog outlines the MiM program, its benefits, structure, eligibility, and career opportunities.
What is a Masters in Management?
A Masters in Management is a graduate degree program, with an emphasis on the provision of basic business and management skills for leading organizations and teams. It is, in every aspect, different from an MBA as it is meant for targeting individuals who have little or no work experience. It is not like an MBA that usually targets people who have spent some time working.
MiM programs are renowned for the wide-ranging curriculum coverage spanning topics on leadership, strategy, marketing, finance, and human resources, to name a few. The purpose of these programs is to equip students for future managerial roles within industries through core business knowledge, leadership skills, and analytical thinking.
Master's in Management Curriculum Structure
Core Curriculum
All other types of MiM programs have an organized curriculum, including basic courses and electives. Mainly, the curriculum covered some core topics as followings:
1. Leadership and Organizational Behavior: understanding organizational behavior and managing the employees for effective results.
2. Business Strategy: creating strategic lines toward business growth and sustaining advantage over the competitors in this regard.
3. Marketing: how to create and preserve value for a brand as well as how to present the sale proposition.
4. Financial Management: How to acquire competencies in managing financial resources and budgeting, including the financial planning process.
5. Operations Management: Getting an understanding of the processes involved in the production of goods and services, which include supply chain management and logistics.
6. Quantitative Analysis and Decision Making: Techniques for data-based decision making using statistics, economics, and business modeling.
7. Business Ethics and Corporate Social Responsibility (CSR): Exploring the ethical challenges businesses face and their role in society.
Specializations
In addition to the core courses, many MiM programs offer specializations or concentrations that enable students to tailor their studies to their interests or career goals. Some common MiM specializations include:
Finance: Deepening knowledge of corporate finance, investment strategies, financial markets, and risk management.
Marketing: Understanding consumer behavior, brand management, digital marketing, and market research.
Entrepreneurship: Learning how to launch and manage new ventures, including funding, growth, and innovation strategies.
Human Resources: Specialization in talent management, organizational development, labor relations, and performance management.
Data Analytics: Developing skills to analyze big data, predictive analytics, and business intelligence tools.
Internships and Industry Exposure
Many programs in MiM introduce internship or consulting projects into their curricula. Through the hands-on, experiential learning opportunities, students get hands-on experience in real business environments through practical activities and build up their professional networks while augmenting their resume. Thus, it allows them to appreciate what they learned in class regarding the real applications of those concepts.
Capstone Project/Thesis
At the end of the program, students may be expected to do a capstone project or thesis. This is sometimes an in-depth research paper or a practical business project that can help students show their understanding and problem-solving skills. The project often involves working closely with a company or organization, solving real business problems, and presenting findings and recommendations to faculty and peers.
Masters in Management Duration
The duration of MiM programs varies between 12 to 24 months, depending on the school and whether the student prefers a full-time or part-time study schedule. Full-time programs are more common and take around 12 to 16 months to complete, while part-time options may extend up to two years or more.
More appropriate for students who want to study part-time while working would be a part-time or executive MiM program. Some programs offer studying abroad, thus affording the students a chance to understand the global business practices and cultures.
Eligibility criteria for MiM Programs
Though the entrance requirements vary from schools to schools, the general eligibility criteria for an MiM program are as follows:
1. Academic Background: It usually requires a recognized bachelor's degree from any recognized university. A business-related degree is not essential, but a school might tend to favor economics, finance, or any other related background.
2. Work Experience: Contrary to an MBA, which requires several years of work experience, MiM programs mostly take students with little or no work experience. Some schools might require up to two years of professional experience, but most MiM programs are for fresh graduates or those with limited experience.
3. GMAT/GRE Scores: While not essential, most MiM programs still request the GMAT or GRE score. However, many universities may not require this if one's academic record is stellar, or if a person has working experience related to the applied area of Master of International Management.
4. Language Proficiency: A score on a TOEFL or IELTS is typically demanded of those whose first language is not English.
5. Application Material: All these common application materials are in the majority: Transcripts Statement of purpose Recommendation letters Resume Personal Interview sometimes.
Why Study Masters in Management?
Career Advancement Opportunity: Leadership opportunity
One of the top reasons to pursue a MiM is in enhancing career prospects. This program will empower students with appropriate skills and competencies to carry out leadership and management functions with many industries within the spectrum of finance, marketing, consulting, and entrepreneurship. Students typically go on to management consultant, financial analyst, marketing manager, or a project coordinator jobs fresh from college.
Skill Development
MiM programs are designed to nurture both hard and soft skills. Hard skills include technical expertise in finance, operations, data analysis, among others, and soft skills include leadership, communication, and teamwork, among others. Together, they have helped graduates become effective decision-makers in different business environments.
Networking Opportunities
Throughout the program, students have a lot of networking time with fellow students, alumni, lecturers, and other successful business leaders. MiM programs may provide access to an efficient alumni network, hence leading graduates to job placement services and contact with potential employers and mentors.
Global Exposure
Many MiM programs offer opportunities to study abroad or work with international companies, giving students a global perspective. This is valuable in an increasingly interconnected world, where businesses are expanding their operations across borders and seeking professionals with international insights.
High Return on Investment (ROI)
Such programs are usually not too short, and a MiM can have a very nice ROI. Graduates in top schools earn a considerable and competitive salary, and through training, one can jump fast or get access to a seat in the leadership of various teams around the organization.
Best Colleges for Masters in Management
Some of the top universities around the globe with excellent Master's in Management courses include the following:
1. HEC Paris – Known for its standards of education and global exposure.
2. London Business School (LBS) - It delivers one of the most demanding MiM programs in leadership and entrepreneurship.
3. ESSEC Business School- This is one of the finest institutions for management in Europe, focusing on global business.
4. IE Business School- Offers very flexible MiM programs and even provides options for doing internships or consulting projects.
5. Universität St. Gallen - Swiss institution and provides comprehensive knowledge in MiM program.
Conclusion
A Masters in Management is one of the best options for students wanting to build a solid base in business and management. It leads to many career opportunities across various industries and provides the student with the essential tools to lead and innovate in this modern business world. Fresh out of university or trying to make that transition into management, a MiM can help you take the next step toward your professional goals.
A MiM program would strengthen your understanding of management concepts. At the same time, this experience, networking opportunities, and global perspective will work as a differentiator in the competitive market.