Posted by Kacker on 02/24/11 10:06am
I am in my final semester of my Bachelor of Engineering program in India and am actively contemplating a post-graduation in Management. The debate between the MBA and the MiM has an additional factor in my case, being that I am extremely keen on getting started in a management field as soon as possible. If I opt for an MBA, that would imply having to work for 3 years, at the very least, in an engineering field which I would not be pursuing at all after my management qualification. So, would you say that it would be advisable to do an MiM instead or would the MBA, in spite of the time requirement drawback, still be the wiser option?
Also, I have spoken to a few people who cautioned me against the job market in Europe presently, especially for international students. Is the job market suffering severely? And, if so, would it be the case that the limited jobs available, would only be offered to people with MBAs (and the accompanying work experience that they automatically offer)?
Clarifications would be appreciated,
Posted by Thomas Graf on 02/25/11 12:00am
you raise a very important question. At the same time it is super difficult to answer and I think there is no single answer. Why?
In other words: It depends.
A good way to seriously approach that question is to pose it precisely to the institutions that you are interested in:
By the way, we plan to open a new section on our platform this year where we present particularly companies who explicitly recruit MIMs.
Posted by Thomas Graf on 02/27/11 6:23pm
another approach to find a pragmatic answer to your question - that is an answer that helps you solve your problem - may be to consider that a Master in Management (MIM) and an MBA are different; not so much in terms of content but regarding the career aspect.
While Masters in Management generally require a first academic degree only, the MBA requires work experience. This means that MIM students and MBA students are also different and so are the career ambitions.
MIM students are younger and do the MIM to get a good START into their career. MBA students are some years older and think about AMPLIFYING their career perspectives, e.g. by changing the job after the MBA.
Consider these alternatives
Before you should make clear where (industry, firms, functions) you want to work and whether Management Masters in combination with your bachelor may help you for this.
Posted by IE Business School on 03/01/11 4:29pm
The main difference between the Master in International Management and the International MBA programs is the student profile. In the Master in International Management the average professional experience is 1.3 years whereas in the International MBA is 5,2 years. The Master in International Management program is aimed at students that have young profiles (recently graduated or have less than 3 years of experience) where the International MBA is targeted at middle management professionals.
If you are opting for a different career path and you are interested in moving from engineering to a management career, due to your current professional experience, we recommend the Master in International Management program.
Regarding your concern about limited job offers in Europe, it depends on what companies and sectors you are looking for. Some companies in Europe look for junior profiles others look at senior profiles depending on their needs. For a more detailed information, please check out our last Placement Report.
If you have doubts about the programs, please send us an email at email@example.com or contact the office closest to you www.ie.edu/offices.
IE Business School Admissions Team
Posted by Peace on 05/12/11 4:29pm
I graduated from he computer science department of one of the best engineering universities of Turkey with 3.00 over 4 in 2009 and since then I've been working in Huawei Technologies as software engineer. During 1.7 years I've involved in development team as well as I've worked as an interface person who attends the meeting with customer and responsible for clarification of the requirements. After I had such experience with customer, I decided to move on from engineering to management since I think that I'm good at communicating with people and convincing them. Therefore, I'm planning to apply for a MBA or MiM programme in CASS, Imperial or LBS since these universities have really good 1-year programmes and they are located in London. As you know MBA programmes require at least 3 years work experience and I need to work for at least 1.5 years although this experience will not be relevant to management. On the other hand, I can apply for MSc in management, switch my career and so I don't need to wait for 1.5 years.
As far as I understand from the comments of the other people MBA is more practical than MiM and it can have a better effect on your CV comparing to MiM. Also, there is a huge difference between the tuition fees of MBA and MSc programmes of the same university. I know we may not comment on the return of investment of university education, but does it really worth waiting for MBA and giving lots of money instead of starting business career immediately by applying for MSc management programme? I think for my case MSc in management may be better but if it won't be enough to get a great job because of not having MBA degree, the situation can be really disappointing for me. In addition to this I will already need a work permit to work after my graduation since English government repealed the legislation about work permit for the international students.
I conclusion, I'm sure that I want to switch my career from engineering to management (sale or marketing) but I'm caught in the middle of MBA and MSc in management. Considering my academic background and work experience what do you suggest me? Do you think that I need to wait for 1.5 years and go on my career with the "great effect" of MBA (as other people claim) or apply for MSc in management and begin business or management career as soon as possible?
I really appreciate your help. Thank you in advance.
Posted by Thomas Graf on 05/14/11 12:40am
thank you for your question. My personal - very personal - opinion is: I would go for an MBA in your case.
The reasons are:
(1) You have work experience already. That's what an MBA is for. A MIM - at least in its purest sense - is for people without work experience.
(2) You want to change an existing career. That's what an MBA is for. The MIM is to start a career.
(3) You don't need to "wait" another year. You need to apply so that after 2.5 or 3 years of work experience you can start an MBA program. You need time to prepare and apply for MIM and MBA programs anyway, no matter what you choose. You can't start immediately. So, after your application (which may take between 9 and 12 months, including GMAT), you will automatically have enough work experience for an MBA - and too much for an MIM.
So, comparing these two options, I would go for an MBA. Please have a look also on our article about differences between MIM and MBA.
Now, IF the MBA pays off for you is a different question that has nothing to do (in my opinion) with the question about MBA or MIM. To solve that question, I recommend both
I hope I could help you a bit.Best wishesThomas
Posted by supersuppi on 07/05/11 4:32pm
Hello sir...my questions about MS In IT Management ????1..can i be IT project manager by studying MS in IT management...???2.what are the career opportunities after studying this course...??3.MBA(IT) or Ms(IT Management)...which has better scope??
Posted by Thomas Graf on 07/05/11 7:54pm
1. can i be IT project manager by studying MS in IT management...???Unfortunately I am not very experienced about careers in IT Management. But intuitively and from my experience in business, ANYONE can become a project manager. It doesn't have to do much with your academic degree. Instead, it has to do with your tasks and how you develop in your professional career.
Many people start their career as an expert - for example as IT manager - with a narrow in depth focus. Then over time they may find out that they want more general management tasks. They may get into a leadership position or they may get the responsibility over specific projects. They may work as a project manager then. And of they lack the skills for that they can acquire these skills by workshops or even additional studies.
2.what are the career opportunities after studying this course...??Career opportunities with any master - and also in IT - change strongly from country to country, from industry to industry, and from school to school. You will get the BEST and MOST SPECIFIC answers if you talk to (1) business schools who offer a Master in IT Management and (2) companies of you interest. Ask the schools about their experience with IT Management graduates (how fast did they find a job? where did they find a job? etc.). Ask the companies of your interest about which career paths they offer to graduates with an MSc in IT Management. For instance, call the company and express your wish to talk to the HR department. Ask them about the career oppotunities they offer to graduates in IT Management. Or send them an email.
3.MBA(IT) or Ms(IT Management)...which has better scope?MBA and Ms (IT Management) are not comparable. They are different things. MBA has no focus (even though there may be some who offer specializations). This is a general management degree. In addition, it requires professional experience. The MSc in IT Management, in contrast, does not require professional experience and it is NOT a general management program. It qualifies you IN DEPTH in one specific area that is IT Management.
You need to decide if you want to get a general management education or an in depth eductaion in IT.
I hope my answer was helpful for you
Posted by Warwick Business School on 07/19/11 5:43pm
We offer the MSc Management at Warwick Business School.
The MSc in Management is a generalist, pre-experience masters degree aimed at people who do not have a business or management undergraduate degree or more than 18 months of professional work experience. You can find more information about it at http://www.wbs.ac.uk/students/masters/management/.
Graduates from WBS are highly sought after. Those who have completed our Masters in Management programme enter a wide range of professions. In our latest graduate destinations survey, sectors represented include business development and project management, banking, education, e-commerce and consulting. Almost half of graduates went into management roles in finance, marketing and other business areas, while many more went into management consulting.
More information can be found at http://www.wbs.ac.uk/students/masters/management/careers.cfm
I hope this helps!
Posted by sudhars90 on 09/23/11 7:26pm
Hi Thomas,Im doing my final year B.E in biomedical engineering in India. Im much inclined towards management studies, So i thought of applying for a fresher's MBA in UK. But later heard about the MIM courses. I had taken my IELTS test and got 8 band. Im not planning to take a GMAT test as of now. Fist of all suggest me to which course i should prefer the fresher MBA or the MIM course. My ultimate aim is to get a job. And about the internships in the MIM courses, is it given to all students or only to EU students ? And at last, is the field of job based on the student's bachelors or geneal management jobs in any field ? Sorry for asking a lot of questions. Thanks in advance.
Posted by Thomas Graf on 09/24/11 12:42am
thank you for your questions. I have to admit that I am a bit confused about you saying "applying for a fresher's MBA in UK". I have never heard of these programs before and the name suggests that you can study them without work experience. If that's the case, my personal opinion (let me say it again: my PERSONAL opinion) is: an MBA NEEDS professional experience, at least two years and ideally a minimum of 3 years. Otherwise it's not an MBA for me whatever the school may call it for marketing reasons.
So, to give you a first clear answer: If you are looking for a General Management program directly after your Bachelor in Biomedical Engineering I would only look for Masters in Management or Masters in Business - the so-called MIM-programs (although this expression is still in the process of getting acceptance).
And since you do not have a business- or economics-related undergraduate degree, you need to search for Masters in Management that are open for graduates with a non-business study background or even address these people proactively. How are you gonna do that?
I have good news for you. The Master in Management Compass - to my best knowledge - is the ONLY PLATFORM worldwide that has a Search Filter for filtering programs that do not require a Bachelor degree in Business. Check it out by using our Search Filter "Entry Requirements".
Now you have a list of programs that could fit to your current stage: You are looking for a general management Master that is open for engineers and that helps you STARTING your career (later on you can still do an MBA to push your career).
As for the Internships, as to my best knowledge they are given to all students IF these internships are part of the program. Actually that's the advantage of such a program that it ideally places all students in its company network through in-company projects or internships. So, if you are interested in the UK why don't you do some research on schools of your interest by using our Search Filter and limiting your Search to the UK. There are 92 fulltime Masters in General Management in the UK which do not require a business degree.
Finally, your question on the jobs: Well, if you do a 3 Years Bachelor in Engineering and a 1 or 2 Years Master in Management most probably you will NOT apply for pure engineering jobs, right? Otherwise you would deepen your engineering expertise in an Engineering Master. Instead, it will be most likely that you apply for jobs in engineering-related industries but with a project management focus. Think for instance of a consulting company that has clients in the engineering industry. Or think of an investment bank that appreciates your analytical skills demonstrated in your engineering bachelor and at the same time your education beyond engineering.
In addition, the best advice that I can give you here is: Pose this question to the schools of your interest. Ask them where their graduates work after the Master. And then you see who gives you clear answers and who not. And which answers are sufficient for you and which not. And don't forget to screen the school's websites first. You may find valuable information there as some schools publish statistics on their graduates. And it is always better to approach a school once you have done your homework first - that means at least having informed yourself about publicly available information on the school's websites.
To sum it up: The idea is to make a clear statement as to which program type you are looking for. And then start a search process by narrowing down your target schools, selecting them out and finally end up with 3 or 5 whose programs you apply for.
Posted by siddharthasingh on 11/11/11 12:25pm
Hi thomas,My name is Siddhartha Singh and I am in the final year of Electrical and Electronics Engineering.(India).I still have around 1 semester remaining and luckily have found a decent job at Tata Consultancy Services. But the cause of my dilemma is that I have been offered a place at The University of Edinburgh and Edhec Business School.I have gone through the FT2011 Masters in Management rankings and assessed that rank-wise Edhec is quite ahead of Edinburgh. Some of my relatives say The university of Edinburgh is a great place to be in but even then MiM requires a good some of investment and its quite obvious to analyse the return on investment.My question is should i go and pursue masters in management or work here in India, gain some work ex. and then look out for an MBA ? Which school I choose if in case i decide to go with the masters in management and moreover is it worth to leave a job in India and go and study management in UK, where the job scene doesn't seem so good.with regards,Siddhartha Singh
Posted by Thomas Graf on 11/12/11 12:35am
great to hear from you. I think your questions are very valid and at the right time. You need to be clear on this before you decide. And most importantly it is helpful to are aware of your options. So let me comment on it:
First of all, the most important question is: What do you need NOW. Putting it simply - why should you go for a Master NOW when you have a nice career start ALREADY?
The Master in Management is a "career-entry degree". Of course you can do it with on year of professional experience too but most often you do it directly after graduation - and this means that you postpone your career start for the time after your Master. In other words, you do the Master in order to update your CV and have a better career start (e.g. more options and better chances to find the job that you like).
Now, if you have that career option already you may find no reason for the investment in a Master right now and can keep the question open for later.
If the schools accepted you they very likely will accept you again later on. It is also very common that this acceptance lasts for two intakes - not just for the next one - so that you may start the program there without applying again in a while.
Overall, I would invest in a program NOW provided that you like your current career option.
The case may be different though if you don't feel like going to Tata at the moment. In other words, if you want something else and if a Master in Management can provide you with the means to achieve this.
In that case I would contact the schools directly and investigate in their career options:
So, this is what I would do: Don't push yourself into a program if you don't need it now. Keep the doors (your inner perspective) open for future educations. And investigate carefully in your career options with a master in case that you think a Master would make sense for you right NOW.
I hope I could be helpful for you.
p.s. Please inform the schools about the MIM-COMPASS in case you want to do us a favor.
Posted by Sayak on 09/04/13 8:47pm
After completing my engineering in IT, I am currently employed as a developer in a MNC. I have more than 3 years of work experience. I have recently taken the GMAT exam and have scored a 650. Now I was hoping to enroll for a MIM degree in one of the many French colleges.
Will this be the right choice for me? Or should I enroll for a MBA degree instead?
My only perspective in life at present is to further my career. Will a MIM or a MBA degree help me at this moment?
Posted by Thomas Graf on 09/05/13 9:32pm
thank you for your question. You have the perfect MBA profile. Masters in Management are for recent graduates (the only few exceptions are included in our database as "masters in management for professionals"). Please check the MBA Compass to find more than 2,000 MBA programs.
By Thomas Graf
Posted by Sanjana on 02/22/18 6:10pm
I am Indian with a Bachelors in Mathematics. I am currently working in Ersnt & Young as an Analyst and would like to puruse a Masters in Management in the US. I have several concerns.
Is MiM a worthy course to pursue in the US given how recently it has been introduced? Plus, is Management a wise option considering the competition? I understand competition will be everywhere, but here I'll be dealing with locals who wouldn't need an expensive vise sponsorship.
What are your thoughts?
Thank you for all your help :)
Posted by thomas.graf on 02/23/18 12:23pm
I cannot tell you if the MIM is worth it or the job prospects in general. But I can provide you with the means how you can find it ou by yourself.
This is not the answer you expect as most people in this forum want to have cheap and easy answers. But the reality is complicated and whether a Master in Management pays off or not depends on the school, the program, and your personal goals and biography. Likewise, the job prospects in the US depend on the school, the program, the target employer etc.
There is a specific "strategy for finding the best Master" - there are steps to do first while others come later, there are decisions to be made first internally and then externally, and there are the right questiosn to ask and to whom.
All of this, I provide in my eBook "Business Masters: How you find the best Master in Management or MBA". It is based on many comments in this forum and my 15 years long experience in coaching students.
By Thomas GrafOwner MIM CompassAuthor of the MIM eBook
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