Top Universities for MiM in 2025: Rankings, Fee & Career Scope
A master’s in management or MiM program is an advanced post-graduate degree course that provides knowledge and expertise in general management. After an MBA program, MiM is a popular course among students and working professionals desiring to enter into the business management field with less or no work experience.
In this blog, we have provided comprehensive information on top universities for MiM, including its career aspect and reasons for choosing this program.
Top Universities for MiM
We have tabulated the top universities for MiM or master’s in management programs along with their QS Business Master’s Ranking 2025, Financial Times rankings 2024, and total tuition fees.
| University | QS Business Master's Ranking: Management 2025 | Financial Times Ranking 2024: Master's in Management | Total Tuition Fee |
|---|---|---|---|
| HEC Paris | 1 | 2 | EUR 55,800 |
| Stanford Graduate School of Business | 2 | - | USD 143,144 |
| ESSEC Business School | 3 | 10 | EUR 39,000 |
| London Business School | 4 | 6 | GBP 49,950 |
| MIT (Sloan) | 5 | - | USD 86,550 |
| INSEAD | 6 | 3 | EUR 52,500 |
| Yale School of Management | 7 | - | USD 85,400 |
| ESCP Business School | 8 | 6 | EUR 53,000 |
| IE Business School | 9 | 21 | EUR 43,300 |
| CEMS | 10 | - | It depends on the associated B-school/university. |
Career After MiM Abroad
- A master’s in management (MiM) course equips students with a versatile skillset relevant to business and management.
- This includes leadership, team management, strategic thinking, problem-solving skills, business development methodology, analytical skills, entrepreneurial skills, adaptability, etc.
- MiM graduates can utilise these skills to launch their careers in various industries.
Below, we have tabulated the popular MiM jobs and their global annual salaries.
| Job Post | Average Global Salaries (Per Year) |
|---|---|
| Project Manager | INR 57 Lakhs-84 Lakhs |
| Sales Manager | INR 67 Lakhs-80 Lakhs |
| HR Manager | INR 52 Lakhs-75 Lakhs |
| Business Development Manager | INR 63 Lakhs-87 Lakhs |
| Management Consultant | INR 80 Lakhs-1 Crore |
| Product Manager | INR 67 Lakhs-90 Lakhs |
| Marketing Manager | INR 51 Lakhs-84 Lakhs |
| Investment Banker | INR 84 Lakhs-1 Crore |
| Financial Analyst | INR 53 Lakhs-70 Lakhs |
Top Reasons to Pursue Master's in Management
The top reasons to pursue a master’s in management are described below.
Affordable Program: Due to its shorter duration, a master’s in management (MiM) program is generally more cost-effective than an MBA program. While an MBA typically takes 1-2 years to complete, a MiM program can be completed in under 12 months, significantly reducing tuition and living expenses.
Less or No Work Experience Required: MBA programs require 3-5 years of work experience, whereas MiM courses have a more flexible entry requirement. Many MiM programs accept applicants with 1-2 years of experience, and in many cases, no prior work experience is necessary.
Pathway to an MBA: If MiM graduates want to pursue an MBA, they can do so with a strong foundation and academic background, which can enhance their application.
Key Takeaways by AdmitX
MiM, or master’s in management, is a popular business management program. Due to its flexibility and less rigid entry requirements, It is considered an alternative to MBA programs. However, it does not diminish the importance of an MBA; instead, it offers a parallel pathway for Indian students to enter the business world.
FAQs
What are the best universities abroad to pursue a MiM program?
According to the QS Business Master’s rankings 2025, some of the best universities for pursuing a MiM program abroad are HEC Paris, Stanford Graduate Business School, ESCP, London Business School, INSEAD, and Yale School of Management.
Is GMAT required for MiM?
Depending on the university, GMAT can be the required criteria to pursue a MiM program. Some universities may also offer alternatives to the GMAT, such as having particular years of work experience, undergoing institute-specific entrance tests, or having a strong academic background.
What is the average cost of study for MiM programs in overseas universities?
The average cost of study for MiM programs is around INR 26 Lakhs-50 Lakhs, depending on the country and university.
Which country is best for the MiM course?
The USA, UK, France, Germany, and Ireland are the best countries to pursue a MiM course.
What is the salary after MiM in the USA?
The average salary after completing a MiM in the USA at the starting level is around USD 60,000-80,000 or INR 50 Lakhs-67 Lakhs per year, depending on the employer, skillsets, and work experience.
