information regarding ms in management

General Forum
  • Posted by aditya on 04/10/12 10:41pm

    hi 'mim compass' team, i really want to thank u all for dis brilliant site. if i am not wrong this is the only site specifically for mim and seriously u all r doing a fabulous job,thank you. i have few questions regarding mim..
    first of all i would like to tell u about my background, i have done my engineering in computer science from india,i have no work experience and want 2 pursue master's in general management.
    -from which country should i do my masters?as in which country gives this degree some importance so that working after graduation wont be a problem.i want 2 work for sometime in dat country n would like 2 come back to india.
    -can you tell me some universities which accept gre scores as i will be giving dat exam only..
    -the universities accepting spring intake as i hv 2 give my gre..
    -i can't spend too much money on my studies so that will also be an issue..
    -how much importance do they give to previous academic performances as my graduations marks are not good,infact its below average though i was good in extra-curricular activities..
    sorry for posting so many questions, hope you'll help me..

    • Posted by Thomas Graf on 04/11/12 5:57pm

      Hi there,

      thank you for your post and your kind feedback.

      As for your questions, let me first of all mention that a Master in Management (MIM) is the right degree for someone without professional experience (in contrast to the MBA which requires at least 2 years of work experiece). So, your decision makes sense given that you are interest in management issues.

      Now, your question about the country is difficult to answer on such a broad level. Traditionally, the MIM is more proliferated and recognized in Europe. About 2 out of 3 Master in Management programs are offered from a European Business School or University. In the Financial Times MIM Ranking about 90% even are from Europe. However, also in North America and Australia this apears to be an emerging program. Thunderbird School of Global Management and Richard Ivey School are just two examples. Also Hult International Business School has two campusses there. And in Australia you find renowned schools such as Melbourne University offering "Masters of Management" as they are called there.

      So, the proliferation is increasing worldwide - so is the recognition, at least to my impression. But this does not guarantee you a job of course. Your career chances depend on:

      • your capabilities and competences
      • your CV (academic degrees, internships etc.)
      • the regional job market
      • the school's company network and career service
        etc.

      You need to take this information that I provide you here and collect information - select a country or area, select some schools, and visit their sites and talk to the admissions office. Then refine your search by including other schools in your search and excluding those that you did not like.

      As for your questions on gre scores, I don't have a list of schools here. But I know that many schools such as Hult International Business School do not expect the GMAT for the Master in Management. So I recommend you to first think about which schools could be interesting for you and then select those that accept the GRE.

      By the way: Why don't you do the GMAT? Maybe this could be a good signal for the schools given that your academic records are not top.

      As for the spring intakes, I am afraid you will need to find out by yourself.

      "how much importance do they give to previous academic performances as my graduations marks are not good,infact its below average though i was good in extra-curricular activities.."
      That depends on the reputation of the school. The higher the reputation the more they expect. Usually, however, the better also the career chances with that degree :)

      I hope I could have been helpful for you.

      Best wishes
      Thomas

    • Posted by aditya on 04/12/12 10:40pm

      Hi Thomas,
      Thanks a lot 4 answering my questions. Really appreciate your effort.
      Once again i am bombarding my questions to you.
      -Do you think preference should be given to Australian or USA universities considering Europe economic situation & tightening of visa rules by UK?
      If yes then could you please tell me the prospects of job after graduation in these countries.
      -If possible for you,can you tell or mail me the list of good(genuine) universities.
      -Is there any difference in taking admission to the colleges during spring time as compare to fall?
      -last question 'Thomas ji'(we Indians apply 'ji' as a suffix to the names of the persons we want to give respect), if someone doing his family business,will it be consider as work-ex?
      Thank you again 'Thomas ji' & hope you'll not mind me troubling you again with some stupid questions.

      aditya

      • Posted by Thomas Graf on 04/12/12 11:22pm

        Hi Aditya,

        thank you again for your questions. I am afraid that I can't answer your question whether you should study in Australia, the US, or Europe. In all of these areas are jobs and job markets among the 40 European countries are very different. Whether you get a job or not depends on many factors - some of them I mentioned already in my previous email (please have a look there). So, unfortunately it is impossible for me to help you here.

        What I recomend you is: Try to get information on job opportunities by connecting yourself closer to a specific country - for example by reading the business press - and most importantly get in contact with the schools. Here are some recommendations:

        • Try to interview schools with respect to their placement experiences with Indians
        • Try to interview them and their students with respect to the schools' career services

        As for the "best" business schools - let's say in the way how they can boost your career - one approach is to have a look at Financial Times Master in Management Ranking.

        • Have a you look also at other Rankings of the FT, for example on Business Schools, or rankings from other newspapers such as the Business Week
        • Have a look at the methodologies to better understand their content (you find them at each FT ranking)
        • Screen the schools' websites and check which companies come to the campus to recruit their future employees (something that could be a good indicator of how "good" the school is)
          Also, here is another recommendation for you: Why don't you contact Companies that you are interested in and ask them (e.g. the HR departments) if they have School preferences?

        As for differences between spring and fall I don't see any difference. Sometimes I saw that the program length or structure may change a bit but this should not bother you. As for Indian family business I also don't see a problem - but again, it may depend on the industry and your role in that business (whether you were running your own projects, how big these projects were etc,.).

        All the best
        Thomas

        • Posted by Thomas Graf on 04/12/12 11:47pm

          Dear Aditya,

          I just think that for the moment you have enough to move on by yourself. You have questions to solve and you actually have a roadmap already:

          1. Think about your country preferences for the moment (you can change them anytime again in the future).
          2. Read Rankings and try to understand them.
          3. Contact schools: talk to admissions representatives, ask them to bring you in touch with students and alumni and the career service - and interview them politely.

          Please feel free to come back to me anytime but be sure to go your own way also.

          Best wishes
          Thomas

    • Posted by kush on 04/12/12 11:08pm

      Hi Aditya

      i can try and answer your questions to an extent, though Thomas will be able to give you a much better perspective:

      • At the end of the day, what matters is the skills you have learnt through your Master's in Management course, i.e. communication, working with people completely different from you and applying what you have learnt, practically. Yes, it is getting tougher in Europe, but companies want people with skills. So, no matter what it is like, there is always the possibility of finding a job if you are good enough(very important) and have done your course at a good uni. On a related note, the only "problem" you might have is the language; this again depends.

      • Generally, as far as i know, European universities, do not have a spring intake for a master's program. It exists mainly in the US, and it is very difficult to get in as a limited number of places are available. (Of course, i might be wrong)

      • With regard to your list of universities, it all depends on where you want to do and what you want to do. You can use the search engine on this site, it is very comprehensive and to my knowledge all the universities listed are genuine. You can also check the websites of all the unis on the "Ranking" page, though please do not consider the rankings to be an authority on the university.

      hope this helps,
      cheers,

      kush.

      p.s: a bit about me. I'm a student (from india) of the master's in international management course at Bocconi University, in Milan Italy.

    • Posted by aditya on 04/13/12 1:20am

      Hi kush,

      thanks for the reply. it is really of great help. if in future I'll have a doubt will definitely ask you.
      thank you.