Best MiM: IE vs LBS vs CEMS vs HEC

General Forum
  • Posted by dlavina on 09/19/14 5:37pm

    Hello everybody,

    I'm an italian student currently graduating in my Bachelor of Economics, Management and Finance with a concentration in Finance.

    I drafted my thesis on a topic concerning the alternative investment in collectibles (specifically classic cars), but I would like to pursue my Msc studies with a MiM that gives me also the opportunity to put hands on soft-skills that I did not developped in my undergrad and all current management topics.
    I would also like to continue my studies in finance, since I've not yet completely decided if I'll pursue a career in consulting, venture capital firm or private banking, thus the MiM providing a large bulk of electives (containing also finance topics) will get my attention first.

    I know that HEC Paris allows in its second year to pick a specialization and several electives also in finance, while probably the programs offered by CEMS (I'm considering both ESADE and RSM) are the ones least focussed on other disciplines outside management. IE, as far as i know, is rather focussed on Logistics, ESADE in Marketing and Entrepreneurship, while I have no clue about RSM.

    In the last FT ranking ('14) IE is 9th, HEC on top positions as well as CEMS and RSM. Is IE really worse than the other school I'm considering?
    Its fees are pretty high, but if it is comparable to LBS' MiM and enjoys its recognition and global reputation I would consider it. Moreover they provide a double intake and this would allow me to start it in February '15, without waiting till next Autumn.

    I'm a bit in two minds, since, basing my decision only on rankings I would forgo the opportunity to apply next year for LBS, HEC and CEMS and I don't know if the extra-semester gained by starting in February would be worth it.
    Summing up:

    -what is IE's global reputation compared to LBS; HEC, RSM and ESADE?Is it possible to list a ranking based on reputation?

    • which are the core disciplines in all aforementioned schools and which one would give me the tools to pursue a "hybrid" degree in finance and management?which are the adopted learning methods?(more lectures, case discussion, papers, group-works/presentation)
      -what is IE's reputation against ESADE?
      -which is the ranking within universities participating in the CEMS program? Is RSM's reputation and preparation better than ESADE's?

    Any comment or help will be much appreciated, thank you very much in advance

    Davide.

    • Posted by Thomas Graf on 09/20/14 4:25pm

      Hi there,

      have you read my MIM eBook already? I suggest that you do this first (and thoroughly). It will teach you the fundamental knowledge about Masters in Management (MIM) and also provides you with a methodology how to compare programs (such as the MIMs from IE, HEC, LBS or RSM etc.), and finally identify programs that fit your profile.

      Best wishes
      Thomas

      By Thomas Graf
      Owner MIM Compass
      Author of the MIM eBook

      • Posted by dlavina on 10/01/14 6:15pm

        Yes, i have read it, but I would need more detailed answers to the questions I posed above...particularly I'm interested in understanding which is the international reputation of IE business school versus RSM and ESADE.
        all the best,

        Davide

        • Posted by Thomas Graf on 10/02/14 11:01am

          Dear Davide,

          the aim of the MIM eBook is that you learn how to find such answers by exploring the general and specific reputation of programs and school (e.g., IE and RSM).

          As for the general reputation of a school, you want to find out what reputation a business school has independent of a specific employer. You may be more interested in the reputation I school has in the eyes of your specific targets employer or group of employers or industry. This is what I call the speciifc reputation of a school.

          I recommend you to re-read

          • the sub-chapter "REPUTATION BENEFITS" on pages 34-36 including the info box on rankings
          • the CONCLUSION and "Reputation wanted" in the info box on pages 44-46
          • the "PRACTICAL TIPS" chapter (READ and TALK TO) on page 73-77
          • the "How do I analyze programs?" part on page 77

          as these parts of the MIM eBook provide you with the instruments on how you calibrate the reputation of schools.

          I understand that your ask specific questions and that the eBook does not them one by one as you want it for now. Of course, the book does not answer your question "which is the ranking within universities participating in the CEMS program?".

          But the answer to this question can be determined by analyzing the reputation of each of the programs individually - and the book provides you with the tools to do this. I am aware that's tedious (and it would be easier just to get a quick answer) - but at the end it's your goal to find the best program for you and doing this one-by-one analysis will pay off because you wil be more satisfied in your future program. Again the book should help you.

          "which are the core disciplines in all aforementioned schools and which one would give me the tools to pursue a "hybrid" degree in finance and management?which are the adopted learning methods?(more lectures, case discussion, papers, group-works/presentation)"

          This also something you can find out with only a bit of effort by yourself. Re-read the "Talk to / Read" section in the PRACTICAL TIPS section.

          Best wishes
          Thomas

          By Thomas Graf
          Owner MIM Compass
          Author of the MIM eBook