Updated on: 06 Sep 2023
Masters in Management (MIM) is a postgraduate program imparting business education and management skills with curriculum designed keeping in mind, recent graduates and young professionals. MIM degree typically covers various specializations such as accounting, finance, marketing, human resources, organizational behavior, strategy, and operations management. MIM in the UK is a one-year program and is an excellent option if you are from a non-tech background aiming to foray into the management field. According to the QS World Subject Rankings 2023, seven leading universities in the UK are among the top 50 in the world for business and management studies. Many of these business schools are accredited by international organizations such as AMBA or EQUIS.
Check Your Education Loan Eligibility for Free Click Here
Top Universities for MIM in the UK
B- School
|
University
|
QS Rankings 2023
|
Judge Business School
|
Cambridge University
|
2
|
Imperial College Business School
|
Imperial College London
|
6
|
University College London School of Management
|
University College London
|
8
|
Alliance Manchester Business School
|
University of Manchester
|
28
|
King’s Business School
|
King’s College London
|
37
|
London School of Economics, Department of Management
|
London School of Economics
|
56
|
Warwick Business School
|
University of Warwick
|
64
|
Durham University Business School
|
Durham University
|
92
|
London Business School
|
University of London
|
343
|
Bayes Business School
|
City, University of London
|
355
|
Eligibility criteria for Masters in Management in UK
Students from any academic discipline are welcome to apply for MIM in UK. Some identical requirements across universities in the UK are:
- Candidates must have an undergraduate degree that is equivalent to a UK first or upper-second-class honors (2:1) degree.
- A 60-70% equivalent undergraduate degree is acceptable.
- English Language Proficiency is a key component, therefore candidates must fulfill the ELP requirements.
- GMAT scores (if required by the university). There are quite a few universities in the UK offering MIM without GMAT as well.
Looking For An Abroad Education Loan?
Fill the form to get free expert help
Class Profile of top MIM universities in UK
B- School
|
Average Age
|
Average GMAT score
|
Average Work Ex
|
Judge Business School
|
22
|
690+
|
6 months
|
Imperial College Business School
|
22
|
650+
|
1 year
|
University College London School of Management
|
23
|
600+
|
1 year
|
Alliance Manchester Business School
|
23
|
650+
|
1 year
|
King’s Business School
|
23
|
600+
|
1 year
|
London School of Economics, Department of Management
|
23
|
700+
|
1 year
|
Warwick Business School
|
22
|
650+
|
6 months
|
Durham University Business School
|
23
|
650+
|
1 year
|
London Business School
|
24
|
690+
|
1 year
|
Bayes Business School
|
22
|
600+
|
1 year
|
MIM is often compared to the old and tested MBA in the UK, both the degrees have their own strong points, here is a suggested reading for you Analysis of MBA vs MIM to study abroad
Documents required to apply for MIM in UK
To apply for a MIM in UK, you will typically need to submit the following documents:
-
Application form: This will be provided by the university and will include personal details, educational background, and work experience.
-
Academic transcripts: You will need to provide transcripts for all the degrees you have completed or are currently pursuing.
-
English language proficiency test scores: If English is not your first language, you will need to provide evidence of your proficiency in English by taking tests such as IELTS, TOEFL, or Cambridge English scorecard.
-
Personal statement of purpose (SOP): In SOP you explain why you want to pursue the MIM program and what skills and experiences you bring to the table.
-
Curriculum vitae (CV) or resume: This should include your educational and work experience, skills, and achievements.
-
References: You will need to provide at least two academic or professional letters of recommendation from people who can vouch for your skills and suitability for the program.
Get your SOP reviewed using GyanDhan’s natural language processing tool and analyze the grammar, readability, and more.
Some universities may require you to pay an application fee when you submit your application. It's important to check the specific requirements for the MIM program you are interested in, as they may vary slightly from one university to another.
MIM in the UK without GMAT
Obtaining a master's degree in management in the United Kingdom without the GMAT is entirely possible! Numerous globally known UK institutions accept MIM applications without GMAT scores.
Some of them are:
![get abroad education loan via gyandhan]()
Scholarships to study MIM in the UK
Mentioned below are a few scholarships available to MIM students at the top universities in UK:
Scholarship
|
Awardee Institute
|
Amount
|
Commonwealth Masters Scholarship
|
UK government
|
Full tuition fees and a stipend of £1,330 per month
|
Imperial Excellence Scholarship
|
Imperial College London
|
Up to £10,000
|
Indian Subcontinent Scholarship
|
University of Birmingham
|
40% of the tuition fee
|
Lady Meherbai D. Tata Education Trust Scholarship ( For Indian women)
|
Lady Meherbai D. Tata Education Trust
|
Variable
|
LSE Masters Award
|
London School of Economics
|
£5,000 to a full award
|
Dean's Excellence Scholarship Programme
|
University of Edinburgh Business School
|
£5,000 - £10,000
|
Check some other prominent Scholarships for international students in UK.
ROI of MIM in the UK
ROI (Return on Investment) can depend on various factors such as personal career aspirations and industry trends. The average salary of some of the top business schools in the UK offering the MIM programs is mentioned in the table below.
B- School
|
Annual tuition fees
|
Annual average salary
|
London Business School
|
£44,900
|
£40,181
|
London School of Economics
|
£36,480
|
£51,200
|
Imperial College Business School
|
£34,400
|
£38,000
|
Warwick Business School
|
£33,800
|
£40,000
|
Durham University Business School
|
£29,500
|
£48,000
|
University College London
|
£38,300
|
£30,000
|
Bayes Business School
|
£28,800
|
£49,000
|
Alliance Manchester Business School
|
£28,000
|
£43,000
|
King’s College London
|
£33,240
|
£73,000
|
Judge Business School
|
£51,000
|
£76,000
|
- The Masters in Management program at London Business School boasts a 96% employment rate within three months of graduation, with graduates securing positions across the USA, UK, Europe, Middle East, and Asia with top organizations like KPMG, Accenture, McKinsey, and Company.
- Imperial College Business School's MSc in Management program also enjoys a high employment rate of 92% within three months of graduation, with students hailing from 44 different countries and 53% of them being female.
- City University MSc in Management program offers the second-best salary in the UK post-graduation and attracts students from 32 different countries while maintaining a balanced gender ratio.
- The MSc in Business and Management program at the University of Strathclyde Business School provides entry into management programs at national and multinational organizations. Recent graduates have landed positions at esteemed companies such as Accenture, KPMG, Morgan Stanley, Deloitte, Facebook, Google, Eon, and PricewaterhouseCoopers.
So this was a quick guide on MIM in the UK. For further guidance connect with experts at GyanDhan and book a free 30-minute consultation call.
Frequently asked questions
What is the difference between MIM and MBA in UK?
The primary difference in MIM in UK and MBA in UKA include the course duration. MIM programs typically span 10-15 months and cater to young professionals seeking to enhance their management skills, whereas MBAs are pursued by experienced professionals and generally have a duration of 1-2 years.
Is GMAT required to pursue MIM in UK?
GMAT is not mandatory to pursue MIM in UK, it depends on the university you have applied for
Is work experience required to pursue MIM in UK?
No, work experience is not required to pursue MIM in UK.
How much does MIM in the UK cost?
The tuition fees of pursuing a MIM in the UK from top universities range from 28,000 GBP to 51,000 GBP. In addition to tuition fees, it's important to consider the cost of living in the UK, which varies depending on the city.
Who is eligible for MIM in UK?
The student must have completed a bachelor’s degree is equivalent to a UK first or upper-second-class honors (2:1) degree with atleast 60%.
First published date: 18 Mar 2023