One of the most confusing questions for someone who has just started to look into the space of management programs is - “Should I go for an MBA or for a MIM program?”
This is also one of the most common questions that we get from our clients. A lot of fresh graduates are determined that they only want to go for an MBA right now - without realizing that for an international MBA degree they need to wait a few years and gain some amazing work experience.
MIM degrees are for a younger crowd, which in turn means that the fees is much lesser compared to MBA degrees.
So the objective of this post is to clarify how the two degrees differ from each other.
Let’s take a look at the table below which compares the top MIM and MBA programs, and provides us a generic, comparative view of the two degrees.
Overall, MIM degrees are for a younger crowd, which in turn means that the fees is much lesser compared to MBA degrees, and that the potential job placements are also at a lower level vs MBA.
Though, MIMs come with a vast range of benefits as well - check out our post here to see the benefits of pursuing an MIM degree.
Depending on which stage of your career you are in right now, and what you want to achieve in the future, the different degrees could help you in different ways.
If you are unable to decide by yourself, talk to your friends and family and see if your plans make sense. If they are also unable to help you, try talking to an admissions consultant. A good consultant will provide you the right picture of what could be the best option for you.
In case you are wondering if you should apply to the best MIM programs, then get in touch with us at firstname.lastname@example.org.
Piyush Ranjan is the chief consultant for Management Masters. He did his undergrad from IIT-BHU, and then studied at the SIM program of the University of St. Gallen. He has helped multiple students get admission calls from HEC Paris, ESSEC Business School, Indian School of Business and other top Business schools worldwide.