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MIM in UK: Universities, Scholarships, Eligibility & Job Opportunities

MIM in UK: Universities, Scholarships, Eligibility & Job Opportunities

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Aiming to study MIM in the UK as an international student? GyanDhan brings you a complete guide on universities, eligibility, requirements, jobs, and scholarships for MIM in the UK.

GyanDhan

Anjaney Chaturvedi

Updated on: 25 Oct 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.

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Top Universities for MIM in the UK

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

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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:

  • list items Candidates must have an undergraduate degree that is equivalent to a UK first or upper-second-class honors (2:1) degree.
  • list items A 60-70% equivalent undergraduate degree is acceptable.
  • list items English Language Proficiency is a key component, therefore candidates must fulfill the ELP requirements. IELTS: 6.5–7.0 TOEFL: 93-100
  • list items IELTS: 6.5–7.0
  • list items TOEFL: 93-100
  • list items GMAT scores (if required by the university). There are quite a few universities in the UK offering MIM without GMAT as well.

 

 

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Class Profile of top MIM universities in UK

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

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Documents required to apply for MIM in UK

To apply for a MIM in UK, you will typically need to submit the following documents:

  1. list items Application form: This will be provided by the university and will include personal details, educational background, and work experience.
  2. list items Academic transcripts: You will need to provide transcripts for all the degrees you have completed or are currently pursuing.
  3. list items 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.
  4. list items 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.
  5. list items Curriculum vitae (CV) or resume: This should include your educational and work experience, skills, and achievements.
  6. list items 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.

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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:

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Scholarships to study MIM in the UK

Mentioned below are a few scholarships available to MIM students at the top universities in UK:

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.

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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.

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

 

  • list items 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.
  • list items 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.
  • list items 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.
  • list items 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.

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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%.