Entry requirements of MiM programs and their outcomes

Master in Management (MiM) programs by definition are for students who have up to 3 years of work experience. Awareness reg. these programs is less among Indian students, so, we dive deep in to the Global MiM programs, entry requirements & outcomes.

In this article, we analyze the FT 100 Global Master in Management (MiM) programs on the basis of the weighted salaries (on purchasing power parity [PPP] basis), weighted fee (on purchasing power parity [PPP] basis), entrance test requirements etc. But before that, let us have a look at the "entry requirements" in these b-schools.  GMAT, GRE and CAT are the most acceptable management entrance tests (in that order) in the top global MiM programs.  

 

All MiM programs on FT Global 100

Nos. of B-Schools

Nos. of B-schools on the FT-100 List 95
No Test Required 38
GMAT Required 57
GRE Required 39
Other Test(s) Required [Tage Mage, TM-BASE, Pass World Entrance Test or Own Test] 17
CAT (Common Admission Test) 12
English Test (TOEFL, IELTS, TOEIC etc.) 92

 

MiM programs in Europe -

 

The MiM program fee ranges from $ 0 - $ 56,710 (on the PPP basis), while the outcomes range from $ 32,316 - $ 114,449 (on the PPP) per year. Therefore, on the RoI front, the European MiM programs fare much better than their Asian counterparts.  The Salary and Program Fee are listed here (we have rationalized both the factors for 'like to like' comparison).

 

FT - 2017

B-School

Country

Programme

Salary (US$PPP)

Fee (US$PPP)

1 University of St Gallen Switzerland MA in Strategy and International Management $1,14,449 $8,210
2 HEC Paris France Masters in Management $99,145 $47,359
3 IE Business School Spain Master in Management $91,189 $56,710
4 London Business School UK Masters in Management $85,262 $44,640
6 ESCP Europe France / UK / Denmark / Spain / Italy Master in Management  $78,215 $44,854
7 WHU Beisheim Germany MSc in Management  $1,06,172  $27,759
8 Esade Business School Spain MSc in International Management  $74,869 $41,923
10 Università Bocconi Italy MSc in International Management $75,423  $18,921
11 Rotterdam School of Management, Erasmus University Netherlands MSc in International Management $79,248  $43,300
12 University of Mannheim Germany Master in Management $93,478  $7,711
13 WU (Vienna University of Economics and Business) Austria Master in International Management $71,005  $3,641
14 Imperial College Business School UK MSc in Management $66,276 $41,228
15 University College Dublin: Smurfit Ireland MSc in International Management $68,905 $23,193
16 Edhec Business School France Master in Management $68,708 $34,455
17 Nova School of Business and Economics Portugal International Masters in Management $56,067 $31,587
18 City University: Cass UK MSc in Management  $71,201  $32,698
19 HEC Lausanne Switzerland MSc in Management  $74,710  $165
20 HHL Leipzig Graduate School of Management Germany MSc in Management  $99,047  $8,996
21 Warwick Business School UK MSc in Management  $60,970  $39,451
23 Stockholm School of Economics Sweden MSc in International Business  $65,854  $32,878
23 St Petersburg State University Graduate School of Management Russia Master in Management  $57,935  $35,848
27 EMLyon Business School France MSc in Management  $67,059  $43,851
29 Audencia Business School France MSc in Management-Engineering  $70,050  $24,431
30 Antwerp Management School Belgium Master of Global Management  $61,164  $16,021
31 Ieseg School of Management France MSc in Management  $54,129  $13,491
33 Maastricht University School of Business and Economics Netherlands MSc in International Business  $65,516  $16,083
37 Eada Business School Barcelona Spain Master in International Management  $65,565  $33,538
38 Copenhagen Business School Denmark MSc in Economics and Business Administration  $68,965  $12,642
38 Católica Lisbon School of Business and Economics Portugal International MSc in Management  $46,592  $18,472
40 Neoma Business School France Master in Management  $58,506  $30,696
41 Frankfurt School of Finance and Management Germany Master in Management  $88,223  $41,768
42 Vlerick Business School Belgium Masters in General Management  $62,633  $18,804
43 Solvay Brussels School of Economics and Management Belgium Master in Business Engineering  $58,491  $11,579
45 Aalto University Finland MSc in Economics and Business Administration  $61,363  $33,428
47 Durham University Business School UK MSc in Management  $54,306  $28,433
48 Toulouse Business School France Master in Management  $58,809  $32,575
49 Cranfield School of Management UK Masters in Management  $54,175  $35,542
50 IAE Aix-Marseille Graduate School of Management France MSc in Management  $53,464  $5,331
51 Kedge Business School France Master in Management  $54,356  $31,322
52 University of Edinburgh Business School UK MSc in Management  $52,744  $31,703
53 Montpellier Business School France Master in Management  $50,145  $26,311
54 ICN Business School France Master in Management  $52,663  $25,308
55 ESC Rennes France Master in Management  $54,689  $21,424
56 Tias Business School Netherlands International MSc in Business Administration  $54,471  $27,217
57 Nyenrode Business Universiteit Netherlands MSc in Management  $65,342  $35,259
59 Télécom Business School France Integrated Master in Management  $56,154  $20,973
60 Louvain School of Management Belgium Master in Business Engineering  $57,321  $10,330
61 Leeds University Business School UK MSc in International Business  $42,842  $36,252
62 Essca School of Management France Master in Management  $53,457  $23,179
63 Henley Business School UK MSc in Management  $54,452  $27,296
64 University of Strathclyde Business School UK MSc in Business and Management  $49,727  $28,860
65 NHH Norwegian School of Economics Norway MSc in Economics and Business Administration  $67,544  $230
66 University of Cologne Faculty of Management Germany MSc in Business Administration  $76,680  $1,342
67 EM Normandie France Master in Management  $50,824  $16,288
68 Université Paris-Dauphine France Master in Management  $56,985  $1,648
68 Warsaw School of Economics Poland Master in Management  $48,090  $-  
70 Corvinus University of Budapest Hungary MSc in Management and Leadership  $45,632  $4,216
71 Hanken School of Economics Finland MSc in Economics and Business Administration  $51,772  $13,928
73 Lancaster University Management School UK MSc in Management  $44,148  $25,590
74 University of Bath School of Management UK MSc in Management  $47,040  $27,722
75 La Rochelle Business School France Master in Management  $50,690  $46,232
77 BI Norwegian Business School Norway MSc in Business  $63,618  $1,985
78 Brunel Business School UK MSc in Management  $44,623  $23,031
79 University of Bradford School of Management UK MSc in Management  $41,990  $22,249
80 EM Strasbourg Business School France MSc in Management  $49,552  $21,800
81 Burgundy School of Business France Master in Management  $47,876  $13,155
82 University of Economics, Prague Czech Republic Master in Management  $38,542  $589
83 University of Exeter Business School UK MSc in International Management  $48,152  $29,286
84 ISCTE Business School Portugal MSc in Business Administration  $39,738  $16,824
84 Politecnico di Milano School of Management Italy MSc in Management Engineering  $42,734  $10,953
86 DCU Business School Ireland MSc in Management  $46,013  $18,356
88 Alliance Manchester Business School UK MSc in Business Analysis and Strategic Management  $43,755  $31,987
89 Tilburg University Netherlands MSc in International Management  $55,838  $17,939
91 Adam Smith Business School, University of Glasgow UK MSc in Management  $33,822  $28,646
92 ESC Clermont France Master in Management  $46,942  $11,589
93 Nottingham Business School at NTU UK MSc in Management $32,316  $20,259
94 Luiss University Italy Master in Management  $44,827  $28,787
95 KU Leuven Faculty of Economics and Business Belgium MSc in Business Engineering  $45,894  $2,165

  

MiM Programs in Europe

Nos. of B-Schools

B-schools in FT 100 List 78
"No Test" Required 29
GMAT Required 49
GRE Required 33

Other Test(s) Required [Tage Mage, TM-BASE, Pass World Entrance Test or Own Test]

15
CAT (Common Admission Test) 8
English Test (TOEFL, IELTS, TOEIC etc.) 78

 

MiM programs in Asia -

 

The MiM program fee in Asia ranges from $ 20,261 - $ 123,470 (on the PPP basis), while the outcomes range from $ 41,205 - $ 116,476 (on the PPP) per year. Therefore, on the RoI front, the Asian MiM programs fare poorly than their European counterparts.  The Salary and Program Fee are listed here (we have rationalized both the factors for 'like to like' comparison).

 

FT - 2017

B-School

Country

Programme

Salary (US$PPP)

Fee (US$PPP)

21 Indian Institute of Management, Ahmedabad India Post Graduate Programme in Management $1,16,476 $1,23,470
26 Indian Institute of Management, Bangalore India Post Graduate Programme in Management $1,16,094 $1,04,950
28 Indian Institute of Management, Calcutta India Post Graduate Programme in Management $1,13,659 $1,06,634
32 Shanghai Jiao Tong University: Antai China Master of Management Science and Engineering $66,153 $20,332
36 Tongji University School of Economics and Management China MSc in Enterprise Management $59,921 $20,261
76 Singapore Management University: Lee Kong Chian Singapore MSc in Management $55,346 $73,224
90 National Sun Yat-sen University Taiwan Master of Business Administration $41,205 $1,05,304

 

MiM Programs in Asia

Nos. of B-Schools

B-Schools in FT 100 List 7
"No Test" Required 4
GMAT Required 3
GRE Required 3
Other Test(s) Required 1
CAT Required 3
English Test Required 4

 

MiM programs in Canada, USA, and Australia -

 

The MiM program fee in North America and Australia ranges from $ 24,067 - $ 60,087 (on the PPP basis), while the outcomes range from $ 46,179 - $ 65,312 (on the PPP) per year. Thus, these programs fare better than the Asian MiM programs on the RoI basis.  The Salary and Program Fee are listed here (we have rationalized both the factors for 'like to like' comparison).

 

FT - 2017

B-School

Country

Programme

Salary (US$PPP)

Fee (US$PPP)

46 Queen's University: Smith Canada Master of International Business $60,097 $60,087
58 University of British Columbia: Sauder Canada Master of Management $51,559 $34,337
71 University of Victoria: Gustavson Canada Master of Global Business $46,179 $24,067
87 Arizona State University: Carey USA MSc in Management $56,500 $47,100
25 University of Sydney Business School Australia Master of Management $65,312 $27,041

  

MiM Programs in North America & Australia

Nos. of B-Schools

Nos. of B-Schools in FT List 5
"No Test" Required 1
GMAT Required 4
GRE Required 2
Other Tests Required 0
CAT Required 0
English Test Required 5

 

MiM programs in multiple continets -

 

The multi-continent MiM programs fee ranges from $ 11365 - $ 57,930 (on the PPP basis), while the outcomes range from $ 51,268 - $ 89,067 (on the PPP) per year. Thus, these programs fare better than the Asian MiM programs on the RoI basis.  The Salary and Program Fee are listed here (we have rationalized both the factors for 'like to like' comparison).

 

FT - 2017

B-School

Country

Programme

Salary (US$PPP)

Fee (US$PPP)

5 Essec Business School France / Singapore MSc in Management $ 89,067 $ 50,116
9 Cems Various Countries Cems Masters in International Management $ 76,333 $ 11,365
33 Grenoble Ecole de Management France / UK / Singapore Master in International Business $ 59,376 $ 25,496
35 Skema Business School France / USA / China / Brazil Global MSc in Management $ 62,188 $ 28,190
43 IQS / FJU / USF Spain / Taiwan / USA Master in Global Entrepreneurship Management $ 51,268 $ 57,930

 

Multi-continent MiM Programs

Nos. of B-schools

Nos. of B-Schools in FT List 5
"No Test" Required 4
GMAT Required 1
GRE Required 1
Other Tests Required 1
CAT Required 1
English Test Required 5

 

Click here to explore the Masters in Management 2017 - FT Business School Rankings.