With MiM programs, individuals can follow a structured path from obtaining an academic degree to becoming managers in the corporate world, which has led to their increasing popularity worldwide.
Just like any other academic program, the offerings and specifics of each university can differ.
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Why study Masters in Management?
Master of Management (MiM) is intended to give students a comprehensive understanding of management techniques and ideas through curriculum.
The MiM program is designed to equip individuals with the skills needed for entry-level management positions in a variety of industries. It usually targets recent graduates or people with little or no work experience.
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Key features of MiM
1. Duration: 12 to 24 months.
2. Curriculum: Core management subjects like finance, marketing, operations, strategy, and organisational behaviour are included in the program.
3. Fees: typical fees for MiM programs range from CAD 30000 to CAD 60000.
4. Work Experience: MiM programs, usually do not require a substantial amount of job experience, making them appropriate for new graduates. However, it increases the chances of approval.
5. International Focus: MiM initiatives frequently incorporate a global orientation, with a primary emphasis on international business and opportunities to gain exposure to other countries through exchange programs or internships.
6. Career Development: Graduates of MiM programs are ready for entry-level management positions. This is through the help of networks they build while studying in the university.
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Top Universities for MiM in Canada
- University of Toronto
- McGill University
- University of British Columbia
- University of Alberta
- University of Waterloo
- Western University
- University of Calgary
- McMaster University
- University of Ottawa
- Queen’s University at Kingston
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MiM: Canada vs Europe vs UK
| Canada | UK | EUROPE | |
|---|---|---|---|
| Fees (average) | CAD 45000 | 45,000 GBP | 20,000 EUR |
| Eligibility | Recognised degree from business programs or equivalent degree | ||
| Duration | 9-24 months | 1 year | upto 2 years |
| Salaries (average) | CAD 75000 per year | £60,000 per year | €80,000 per year |
MiM deadlines for Canada
| University | Round 1 | Round 2 | Round 3 |
|---|---|---|---|
| Queen's University: Smith | Admissions to the program occur on rolling basis till 24 January 2024 | ||
| University of British Columbia | 9 January 2024 | 12 March 2024 | - |
| Ivey Business School | 23 January 2024 | - | - |
| HEC Montreal | 15 January 2024 | 15 march 2024 | 15 May 2024 |
| York University – Schulich | 5 January 2024 | 27 March 2024 | 12 june 2024 |
Careers after MiM in Canada
MiM programmes are designed for those who wish to transition their career focus to management or who are just starting out in their field.
The following are a few positions that MiM graduates frequently land:
- Management consultant
- Marketing manager
- Financial analyst
- Business development manager
- Project manager
Beginning salaries for MiM graduates in the US typically range from CAD 60,000 to CAD100,000.
MiM in Canada without GMAT
The Graduate Management Admission Test (GMAT) is not a prerequisite for admission to many Canadian universities’ Master in Management (MiM) programs.
These courses are intended for fresh graduates or those with not much job experience and want to improve their management skills. When assessing applications, universities may also take into account academic transcripts, recommendation letters, and personal statements.
The goal of waiving GMAT is to make the application process easier for individuals who are just starting their careers.
It is important for students who want to earn a MiM degree in Canada to carefully review the school and admission requirements to determine which courses are suitable for their career and academic objectives.
Why MiM from Canada
A Master of Management (MiM) degree from Canada offers a great opportunity for those seeking a comprehensive, globally recognised management education. In addition to being known for its diverse corporate landscape and innovation hotspots, Canada provides a lively learning environment.
The objective of the country’s MiM programmes is to foster leadership qualities and a strategic mindset in addition to providing students with the essential management skills. Two elements that make studying here better are its diverse culture and its abundance of networking opportunities.
Canada is a popular destination for individuals wishing to begin careers in international management because of its excellent educational system, rich culture, and strong commercial links.
FAQs
What is the difference between MiM and MBA?
Is pursuing MiM from Canada worthy?
Which course should I choose between MBA and MiM?
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