Posted by at on 01/19/15 3:00pm
Is the MiM is looked at by companies as adequate qualification for top Leadership roles? Or do most MiM grads go on to do an MBA later?
I know that it can be quite a subjective answer. For example, i have been told that in Europe, an MiM would be enough for career progression without doing an additional MBA. How true is it, and how is the scenario for other regions?
Posted by Thomas Graf on 01/20/15 12:40am
MIM and MBA are two different things - with completely different purposes. A Master of Science or Arts (e.g., a Master of Science in Management = MIM) helps you to START a career. It is for gradautes without (or only little) work experience. It is not to push into a leadership position as most companies won't put a graduate into such a position. But it can put you on the track. There are some exceptions to this rule of thumb (e.g. Masters that require work experience) - but the vast majority of Masters in Management are what I just described.
A Master of Business Administration (MBA) helps you to change a career, to develop a career, to do your job better once you have been promoted or even to help you get promoted.
Please read the first 3 chapters in my MIM eBook understand the differences and consequences for a career better. There you also find answers on the question: Does an MBA make sense after a MIM?
By Thomas Graf
Author of the MIM eBook
Posted by at on 01/20/15 2:47pm
Thanks for your reply.I have read about them and do know that they are 2 different things - apples and oranges, if you would say!
I was looking for insight about whether MiM would be enough for career progression in today's scenario. For example, as a friend pointed out, Accenture CEO is an MiM grad - http://www.accenture.com/us-en/company/people/pages/pierre-nanterme.aspx
However some regions/companies may want to see an "MBA" tag - in that case, MiM grads are likely to be discounted.
What are your views on this? :)
Posted by Thomas Graf on 01/20/15 5:41pm
can you do a career with just a bachelor degree?
can you do a career with a bachelor degree and a master degree?
can you do a career with a bachelor, master, and doctoral degree?
can you do a career without any university degree?
Of course! It depends on the individual context, your talent, your luck, relations etc.
A Master of Science - whether in Business, Management, Marketing, History, or Philosophy is a postgraduate degree that may help you gain a job (or start an academic career). If such a degree effects your career in 4 or 7 years from now, I don't know but I don't think so.
In a couple of years after your Master what counts is your work performance, maybe another degree such as the MBA or a doctoral degree, your soft skills, your relations etc. - but not your university degree anymore(unless you are part of an elite alumni club).
By the way, there is no MIM-degree or MIM reputation. MIM is just an abbreviation for "Master in Management". By contrast, MBA not just an abbreviation - it is a degree with a certain reputation. In some jobs a Master of Science in something may not be enough. You may need a prestigious degree such as the MBA or a PhD. In others a first degree such as the Bachelor of Science is sufficient. Who cares...? All you need to know is: What do you need now? If you want start a career, think about doing a Master. If you have work experience, think about doing an MBA (whether or not you have a Master already).
Now read my eBook! It will clarify a lot.
Posted by at on 01/20/15 7:41pm
I understand. Thanks for your response :).
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