What is Master in Management?

 

The Masters in Management is a post-graduate program that is designed for students with little to no work experience who want to launch their career in business. The degree provides extensive, all-round knowledge about different fundamentals of business management, such as finance, marketing, accounting, entrepreneurship, etc. thus equipping  students to venture into careers in consulting or investment banking, amongst many others. 

 

While these industries might be harder to crack into otherwise, the MiM offers a wide array of electives that allow you to customize your degree and gain expertise in certain fields along with a general business skill set. 

 

Is a Master in Management right for you?

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The MiM is the right program if you’re someone who either wants to change career tracks or level up from their existing roles and do it in a much more economical way - in terms of time and cost. Most of these top programs are 10 months to 2 years long and can cost up to an average of 37,000 Euro, which is significantly lesser than the tuition cost of an MBA.

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Programs?

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The top MiM schools are:
1. London Business School
2. INSEAD

3. HEC Paris 

4. ESSEC
5. IE Business School, Spain

6. Imperial College 

 

Originally started in Europe, the MiM is now also offered in different forms in the US as well, where it is referred to as the Masters in Science in Management or the Masters in Management Studies. Top schools in the US that offer this program are Duke, Fuqua School of Business, Kellogg School of Management and Michigan.

Who are these programs looking for?

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1. You’re in your final year of graduation or have completed your masters degree 

2. You have  0-2 years of work experience

3. You want to transition into a solid career in business and are constrained because of your non-business background

4. You’re someone who thrives in diverse settings and wants to gain international exposure 

5. You want to intern abroad in a top company 

 

If you see yourself answering yes to some or all of these questions, the MiM is the right program for you!
 

So, what are the application requirements?
 

1. Transcripts of your undergraduate degree 

2. Statement of Purpose/ Essays 

3. Resume

4. Two letters of recommendation

5. GMAT or GRE (some schools don’t require it, but it is recommended) 

6. IELTS 

 

Because the application requirements are not as demanding, MiM programs are extremely competitive as it attracts students from all over the world and making it to a top school requires quite a bit of strategizing so that your application reflects your best self. 

 

How can we help?
 

Having gone through this process ourselves, we at LitAdmit understand how important it is to craft an application that tells a strong story, shows compelling motivation and above all, reflects  what makes you - you. 

 

We’re here to help you secure a spot at your dream school, by understanding your experience, goals, drawbacks and hold your hand through each step, right from school selection to interview prep. 

 

At LitAdmit, we have prepared Worktable and Worktable IP to help you prepare for the applications. Following the steps laid out in the different stages will help you curate your application in a structured manner. These are steps that we followed too!