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The United Kingdom is known to have top-class colleges and universities offering management programs, and one of the top-rated programs is the MIM. If you want to study in the UK, choose a management program, and this MiM course could be your choice.
In 2022, almost 770,000 Indian students moved to study abroad. The number is growing by about 10% each year. In 2023, all but 140,000 moved to the United Kingdom, most of whom were management aspirants.
Studying an MIM program in the United Kingdom offers a globally recognized degree with access to world-renowned universities. The United Kingdom provides quality education, diverse cultural experiences, exposure, networking opportunities with industry experts, and strong career prospects for management graduates.
Pursuing an MIM degree from a college or University in the United Kingdom can set you apart from other management graduates, and build a future career in top leadership or management at prestigious enterprises. Graduates in MIM are often employed as operations managers, management consultants, marketing managers, or HR managers, to name some.
MIM in the UK offers global networking opportunities. It increases students’ learning and job prospects. As an international student, you gain exposure while studying abroad. There are many reasons to choose the United Kingdom to study a Master’s in Management program, such as -
While studying for a Master’s in Management program in the United Kingdom, you get a deep insight into the UK’s strong industry and commerce. You learn about contemporary management issues and practices. Its innovative methodologies and ideologies help you shape and prepare you for this elite profession. The MIM program curriculum is curated for students who want to fast-track their management career.
The MiM graduates from top Tier 1 and Tier 2 Business Schools, like Warwick Business School, Durham University Business School, University of Bristol, and University of Liverpool, to name a few, are highly in demand and recruited by top enterprises of the world like Balfour Beatty, JD Morgan, JD Williams, JP Morgan, and PwC, etc.
If you want to Study In UK, especially MIM not an MBA program, then you should know the basic difference between these two programs. Some Universities in the UK call this MiM course an MSc in Management. This course is considered an alternative to the MBA program. The course offers much more practical and focused on core aspects of management. This course is more theoretical. The curriculum is much more general.
On the other hand, you need a few years of experience to study for an MBA program in the United Kingdom. Some Universities are there that offer MBA degrees without experience as well. A MiM/MSc in Management program is geared towards you with little to no work experience.
The cost of studying a master’s program in management or others is high in the UK. Therefore, financial assistance/scholarships are available to students. The costs vary across Universities. The cost of student visas, transport, and accommodation are not included in this course fee.
The MIM (Master’s in Management) course in the United Kingdom paves the way for a rewarding career. Most non-commerce, economics, or management students choose a MiM course as a way better option than an MBA.
20,000 GBP to 36,000 GBP would be the average course fee for MIM or a Master’s in Management program in the UK, but the program fee varies across business schools/Universities.
In INR it would be between 20 to 36 Lakhs across Universities. Furthermore, the VISA, transportation, accommodation, and relocation expenses are extra and may amount to 14 to 17 lakhs INR annually. The complete course fee can be between 41-42 lakh INR.
(Masters in Management) MIM in the United Kingdom is generally of 1-year duration. Thus, international students get the opportunity to save time and money. They have an early start on their management careers. MIM is cheaper than MBA in terms of cost.
Here is the basic eligibility to study MIM i.e. Master’s in Management in the UK. It is almost the same in all major B-schools in the United Kingdom. Let’s see the eligibility criteria.
Many renowned Universities in the United Kingdom offer a Masters in Management Program (MIM). The list of top Business schools or Universities are given here that offer MIM programs including the world ranking, and average course fees.
University |
QS University Rankings in 2023 |
Course Fees |
London Business School |
3 |
45000 GBP |
Imperial College Business School |
14 |
44000 GBP |
Warwick Business School |
22 |
39000 GBP |
Durham University Business School |
55 |
29000 GBP |
University of Birmingham |
84 |
36000 GBP |
University |
QS University Rankings in 2023 |
Course Fees |
University of Manchester |
28 |
28000 GBP |
University of Leeds |
75 |
27500 GBP |
University of Bristol |
76 |
34000 GBP |
University of Glasgow |
74 |
34500 GBP |
University of Sheffield |
104 |
36700 GBP |
University of Liverpool |
176 |
26000 GBP |
University of Exeter |
153 |
37000 GBP |
These are the mandatory documents required to apply for the MIM course in the UK Universities. Some Universities also ask for a cover letter, experience certificate, bank statement, medical certificate, etc.
Name of the Scholarships |
Given By |
Amount |
Commonwealth Master’s Scholarship |
Government of UK |
Full course fees, and a stipend amount of 1330 GBP per month |
Imperial Excellence Scholarship |
Imperial College, London |
Upto 10000 GBP |
Indian Subcontinent Scholarship |
University of Birmingham |
40% of the total course fee |
Lady Meherbai D. Tata - Education Trust (Scholarships Given only to meritorious Indian women) |
Lady Meherbai D. Tata Education Trust |
Variable |
LSE Master Award |
London School of Economics |
5000 GBP one time |
Dean's Excellence Scholarship |
University of Edinburgh, department of business and administration |
5000 GBP - 10000 GBP |
With a MiM degree in hand, your career path will be promising. The degree empowers you to thrive in your chosen job roles.
Job Role |
Salary Range |
Management Consultant |
GBP 65,000 - GBP 150,000 |
Supply Chain Manager |
GBP 50,000 - GBP 75,000 |
Marketing Manager |
GBP 40,000 - GBP 60,000 |
Human Resource Manager |
GBP 45,000 - GBP 70,000 |
Financial Analyst |
GBP 60,000 - GBP 100,000 |
Project Manager |
GBP 65,000 - GBP 120,000 |
Sales Manager |
GBP 60,000 - GBP 120,000 |
ROI (Return on Investment) depends on various factors. Your salary would depend on your career aspirations and industry trends. The average salary of a MIM (Master’s in Management) graduate is 42-50 thousand GBP per annum, which is quite lucrative, and for that matter freshers study this program. The program is good for entry-level managerial jobs. Let’s see the average salary of MiM graduates from top Universities in the UK compared to the invested tuition fees.
University |
Tuition Fees |
Average Salary |
London Business School |
45,000 GBP |
65,000 GBP |
Imperial College Business School |
44,000 GBP |
62,000 GBP |
Warwick Business School |
39,000 GBP |
55,000 GBP |
Durham University Business School |
29,000 GBP |
42,000 GBP |
University of Birmingham |
36,000 GBP |
39,000 GBP |
University of Manchester |
28,000 GBP |
35,000 GBP |
University of Leeds |
27,500 GBP |
32,000 GBP |
University of Bristol |
34,000 GBP |
39,000 GBP |
University of Glasgow |
34,500 GBP |
41,000 GBP |
University of Exeter |
37,000 GBP |
42,000 GBP |
Studying MIM or a Master's in Management program in the United Kingdom offers unmatched opportunities for career advancement in business. Renowned for its prestigious business schools, the United Kingdom provides a world-class management education with a strong significance in industry-oriented practical skills.
Graduates in management benefit from extensive global networking opportunities, industry visits, internships, and multicultural exposure to diverse career opportunities. The world’s robust job market in management makes MIM an ideal choice for aspiring management professionals seeking to enhance their global career prospects and leadership skills.
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