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INSEAD MIM Review


10 minutes

Table of Contents

    INSEAD MIM Introduction

    INSEAD MIM (Master in Management) program is a thorough course of study that provides two weeks of experiential, practical blocks every eight weeks alongside five separate teaching sessions and career workshops. Designed for recent graduates seeking to kickstart their management careers, the MIM program offers a comprehensive array of options including the MIM INSEAD along with Executive MBA and PhD degrees as well as specialized executive education programs such as experiences.

    INSEAD MIM Class Profile

    In this 16-month-long curriculum, you will get to interact with people from all walks of life including 32+ nationalities. The average age of the class would be about 22; hence the classroom discussions would be filled with young and advanced perspectives. Moreover, with the presence of 39% women and 61% men, it is safe to say that students grow holistically. Additionally, all these, INSEAD MIM students will have about 10 months of professional work experience, which will help them gain an understanding of the corporate world across borders.

    The INSEAD MIM class profile also boasts a highly international cohort, with students representing more than 100 nationalities. This diversity enriches the learning experience and provides valuable opportunities for cultural exchange and networking.

    INSEAD MIM Acceptance Rate

    Your prospects of admission to MIM INSEAD are determined by your knowledge, experience, and strengths, not by the acceptance rate. When constructing a list of 10-15 schools with varied degrees of competitiveness, use the acceptance rate as a general guideline. Take assistance from specialists in this sector to ensure that all of your papers, including resumes, LORs, and so on, are totally intact and reflect the best of your talents. When all of these factors are taken into account, you will undoubtedly be admitted to INSEAD MIM.

    Program and Curriculum INSEAD MIM

    insead mim program and curriculum

    The intensive INSEAD MIM program academics consists of a wide range of fundamental business topics that equip you with the knowledge needed to launch a global career. At the INSEAD MIM, you will study at the Fontainebleau campus in France and the lively city-state of Singapore. Furthermore, in the 3rd period of the program, you will have the option of going on a field trip to Abu Dhabi. In the 4th period at the MIM INSEAD Singapore campus, you will have an opportunity to travel to China or the USA. Finally, in Period 5, you will choose six electives from a range of courses. The selection of topics comes with a focus on innovation to ensure that you graduate with knowledge and skills that will allow you to “jump right into action” the moment you start work. 

    Core Courses at INSEAD MIM

    • Data Analysis: This course is designed to teach students the techniques of data analysis, including data visualization, regression analysis, and hypothesis testing, which are essential skills for business decision-making.
    • Financial Reporting: This course is focused on the preparation and analysis of financial statements, including balance sheets, income statements, and cash flow statements. 
    • Marketing: This course teaches students the principles of marketing, including consumer behavior, product development, pricing, promotion, and distribution. 
    • Managerial Accounting: This course covers the use of accounting information in managerial decision-making. 
    • Valuation: This course teaches students how to determine the value of a company or an asset using various valuation techniques. 
    • Applied Microeconomics: This course focuses on the application of microeconomic principles to business decision-making. Topics covered include market structure, pricing, and game theory.

    Electives at INSEAD MIM

    • Accounting and Control: This course covers topics related to financial and managerial accounting, budgeting, performance measurement, and control systems.
    • Decision Science: This course focuses on mathematical and statistical models used for decision-making in business, such as optimization, simulation, and data analysis.
    • Economics and Political Science: This course covers micro and macroeconomic concepts and theories, as well as the role of politics and government in business.
    • Entrepreneurship and Family Enterprise: This course focuses on developing entrepreneurial skills and exploring the unique challenges of family-owned businesses.
    • Finance: This course covers financial management, including corporate finance, investments, risk management, and financial markets.

    Clubs and Associations at INSEAD MIM

    • Consulting Club: This club aims to help students develop their skills in consulting by providing training sessions and networking opportunities with professionals in the industry.
    • Entrepreneurship Club: The Entrepreneurship Club offers resources and support to students interested in launching their own business ventures. 
    • Finance Club: The Finance Club provides students with opportunities to learn about various areas of finance, such as investment banking, private equity, and asset management.
    • Marketing Club: The Marketing Club offers students the chance to learn about different marketing techniques and strategies and how they can be applied in various industries.
    • Social Impact Club: The Social Impact Club encourages students to use their business knowledge and skills to make a positive impact in the world.

    Extra Activities at INSEAD MIM

    • Sports clubs: There are multiple sports clubs available at INSEAD MIM, including football, basketball, rugby, and cricket.
    • Arts and culture clubs: Students interested in arts and culture can participate in clubs such as the INSEAD Art Network, the INSEAD Music Club, and the INSEAD Theater Club.
    • Social and community service clubs: INSEAD MIM has several clubs dedicated to community service and social causes, such as the INSEAD Social Impact Club, INDEVOR Club, and INSEAD Healthcare Club.
    • Entrepreneurship and innovation clubs: INSEAD MIM also offers clubs for students interested in entrepreneurship and innovation, such as the INSEAD Entrepreneurship Club and the INSEAD Technology Club.
    • Career-oriented clubs: INSEAD MIM also offers clubs that are focused on specific careers, such as the INSEAD Consulting Club and the INSEAD Finance Club.

    Scholarships for INSEAD MIM

    • INSEAD Diversity Scholarships: These scholarships aim to promote diversity in the classroom by supporting students from underrepresented regions or backgrounds.
    • INSEAD Social Impact Scholarships: These scholarships are awarded to students who have demonstrated a commitment to social impact and have a track record of working towards solving pressing social and environmental issues.
    • INSEAD Women's Scholarship: This scholarship is awarded to female candidates who have demonstrated outstanding leadership potential.
    • INSEAD Alumni Fund (IAF) Scholarship: The IAF Scholarship is awarded to students who demonstrate financial need and can show how the MIM program will help them achieve their career goals.
    • INSEAD Bischoff Family Endowed Scholarship: This scholarship is awarded to students who have a passion for entrepreneurship and plan to start their own business after completing the MIM program.

    Eligibility and Requirements for Getting into INSEAD MIM

    insead mim eligibility and requirement

    To be considered for admission to the INSEAD MIM program, applicants must hold a suitable bachelor's degree or equivalent, have obtained a valid GMAT or GRE score, and demonstrate at least three years of work experience. Here are the INSEAD MIM eligibility & requirements criteria and documents related to the application:

    Eligibility

    • Recent graduate: Candidates should have less than one year of full-time corporate work experience or less than two years in a non-traditional business role.
    • Graduate with a UK 2:1 or higher (or expected to achieve): This equates to above-average academics in other grading schemes.
    • Candidates must obtain a minimum of 3.3 GPA in their bachelor's program.
    • GMAT/GRE: While there is no minimum score requirement, it is recommended to apply with a GMAT score of 600 or above.

    Application Fees

    The application fees for the INSEAD MIM fees program is currently set at [insert fee amount] and is payable online by credit card when you submit your application. Please note that your application will be considered incomplete until the fee is received.

    Application Documents

    • Online application form
    • Application Essays
    • GMAT/GRE Score
    • One-page CV
    • Letter of Recommendation
    • A copy of the college transcript

    GPA

    INSEAD MIM does not have a specific minimum GPA requirement. However, applicants are expected to have a strong academic background and achievements, which will be considered as part of the overall evaluation of their application.

    GMAT

    INSEAD MIM GMAT scores is not required for its admission process. However, submitting a GMAT score is recommended for candidates who want to strengthen their application and showcase their quantitative and analytical skills. INSEAD accepts GRE scores as well. The admissions committee takes a holistic approach and evaluates candidates based on their academic achievements, professional experience, extracurricular activities, and personal qualities.

    GRE

    INSEAD does not require GRE scores for the MIM program. However, if you have taken the GRE, you may choose to submit your scores as additional evidence of your academic potential.

    Average work-experience

    INSEAD MIM does not have a specific requirement for average work experience. However, candidates are required to have at least 1-2 years of relevant full-time work experience after completing their undergraduate studies. The average work experience of the INSEAD MIM class is around 2-3 years, but there are candidates with less or more work experience who are also accepted into the program. Ultimately, INSEAD MIM evaluates applicants based on their overall profile, including their academic background, work experience, leadership potential, and personal qualities.

    English language proficiency test scores

    Non-native English speakers are required to submit proof of their English language proficiency, which can be demonstrated through IELTS, TOEFL, or the Cambridge English Proficiency Exam.

    INSEAD MIM Deadlines

    The INSEAD MIM deadlines must be the primary thing to consider before applying to any school for any program. This is because, you need to prepare all your application documents, and other plans, as per the deadline. For INSEAD MIM, there are five rounds for submitting applications, thus five different deadlines. The deadline for round 1 is in September. For rounds 2,3, and 4, the deadline is in November, January, and March respectively. Finally, for round 5, the deadline is in May. These deadlines should be strictly followed so you do not miss out on any application procedures.

    INSEAD MIM Admission Process

    • Online Application: The first step is to complete an online application and submit supporting documents, including academic transcripts, GMAT/GRE score, IELTS/TOEFL score (if applicable), and letters of recommendation.
    • Video Interviews: Applicants who pass the initial screening will be invited to complete two video interviews. These interviews will assess the applicant's motivation, skills, and experience.
    • Assessment Day: Shortlisted candidates will be invited to an Assessment Day, which includes a series of interviews, group activities, and a written test.Admission Decision: After completing all the steps in the admission process, applicants will receive an admission decision from the INSEAD admissions committee.

    When do the admissions start?

    The application deadlines for INSEAD MIM vary depending on the round of admission. The school typically has four rounds of admissions per year, with deadlines in September, November, January, and March. It is important for prospective students to check the school's official website for the most up-to-date information on application deadlines and requirements.

    Rounds Dates
    Round 1 03 October 2023
    Round 2 12 December 2023
    Round  3 27 February 2024
    Round 4 30 April 2024

     

    INSEAD MIM Employment And Placement

    insead mim employment and placement

    INSEAD is a prestigious institution renowned for its impressive placement results. According to the most recent INSEAD MIM career report, an astounding 93% of INSEAD graduates were offered employment within three months of graduation; with an average starting salary of around $100,000. The school boasts a comprehensive network of recruiters and alumni adept at opening up access to myriad career pursuits in different sectors globally - ensuring that graduates are well-positioned for success after graduation.

    Average Starting Salary of INSEAD MIM

    The INSEAD MIM salary varies depending on factors such as industry, job function, and location. However, according to the INSEAD 2020 Employment Report, the average starting salary for the class of 2020 was €83,500, with a range of €38,000 to €135,000. The report also states that 93% of graduates received a job offer within three months of graduation, and 89% accepted an offer within the same timeframe.

    INSEAD MIM Employment Report

    INSEAD MIM employment and placement report that provides information on the employment outcomes of its graduates from the MIM program. According to the latest report for the Class of 2020, the employment rate for MIM graduates was 95%, with 87% securing a job within three months of graduation. The median base salary for MIM graduates was €72,000, with a median signing bonus of €10,000 and a median performance bonus of €10,000. The report also indicates that the top industries hiring INSEAD MIM graduates were consulting, finance, and technology, with the top employers including Accenture, Amazon, Deloitte, EY, Google, McKinsey & Company and PwC.

    Top Sectors Hiring INSEAD MIM Graduates

    Due to its versatility, and one-of-a-kind approach, INSEAD Business School allows its students to work in different domains like technology, luxury, health, consulting, finance, etc. The graduates of INSEAD MIM are serving in managerial positions with their expertise in all sectors of the business world. Also, the extensive alumni network of INSEAD amplifies one’s chances of securing their dream job. The top 3 sectors hiring INSEAD MiM graduates are consulting, finance, and technology.

    Companies recruiting from INSEAD MIM

    Companies actively hire graduates from INSEAD MIM. These companies come from various industries like consulting, finance, technology, and more. INSEAD MIM graduates are valued by employers for their strong skills and international exposure gained during their studies. 

    Consulting

    • BCG: Consulting involves providing expert advice to organizations on various aspects of business strategy, operations, and management.
    • Mckinsey: McKinsey & Company is one of the world's leading management consulting firms, offering services in strategy, operations, and organizational change.
    • Accenture: Accenture is a global consulting and professional services firm specializing in technology, digital, and strategy consulting.
    • EY Consulting: EY's consulting division provides advisory services in areas such as finance, technology, and risk management.

    Finance

    • BNB Paribas: BNP Paribas is a global financial institution offering services in retail banking, asset management, and corporate and investment banking.
    • Ernst & Young: EY is a multinational professional services firm that provides audit, tax, and advisory services to clients worldwide.
    • Morgan Stanley: Morgan Stanley is a prominent investment bank, wealth management, and financial services firm.
    • Goldman Sachs: Goldman Sachs is a global investment banking and financial services company known for its advisory and investment management services.

    Technology

    • Google: Technology encompasses industries and companies involved in the development, production, and application of advanced technologies and digital solutions.
    • Air Liquide: Air Liquide is a multinational company specializing in industrial gases, technology, and services for various industries.
    • BearingPoint: BearingPoint is a global management and technology consulting firm providing advisory and digital transformation services.
    • Rocket Internet: Rocket Internet is a tech incubator and investment firm that focuses on developing and scaling internet-based startups.
    Consulting Finance Technology
    BCG BNB Paribas Google
    Mckinsey Ernst & Young Air Liquide
    Accenture Morgan Stanley BearingPoint
    EY Goldman Sachs Rocket Internet

    INSEAD MIM Alumni Info

    The INSEAD alumni network is robust, diverse, and globally connected to how few institutions can boast. With more than 58,000 Alumni distributed across 176 countries with 163 nationalities, their Alumni are citizens of the world, understand how to balance local and global perspectives, and have “experienced the world as it ought to be”, as one graduate claimed. This aspect of the MIM INSEAD culture is very powerful and valuable in the 21st Century. In this smaller, connected world, leaders must view the world as a whole and think and act. Therefore, leaders must view it locally and globally. This has been part of the INSEAD MIM culture for over 55 years.

    Some Famous Alumni

    • William Jefferson Hague (British Conservative politician)
    • Samir Arora (American entrepreneur, inventor, and investor)
    • Wendy Alexander (retired Scottish politician and former Member of the Scottish Parliament for Paisley North)
    • Marius Jacques Kloppers (South African businessman and former CEO of BHP Billiton)
    • Cristina Teuscher (former freestyle and medley swimmer from the United States)

    Application Essay for INSEAD MIM

    The application process for INSEAD MIM essays is pretty straightforward. This process takes place in five stages that are:

    Essay 1
    How would you describe yourself? (Maximum 200 words)

    Essay2
    Describe all types of extracurricular activities in which you have been or are still involved for a significant amount of time (clubs, sports, music, arts, etc.). How are you enriched by these activities? (Maximum 200 words)

    Essay 3
    Tell us what you have been doing since graduating from secondary education and what motivated your choices. (Maximum 200 words)

    Essay 4
    Please give us all the information about your activities and occupation from now until the start of the program. (Maximum 40 words)

    Essay 5
    Share your short and long-term career aspirations with a MIM from INSEAD. (Maximum 100 words)

    Essay 6
    Is there anything else that was not covered in your application that you would like to share with the Admissions Committee? (Maximum 300 words)

    Letter of Recommendation for INSEAD MIM

    The letter of recommendation for INSEAD MIM application is an important component of the application process. It is a document written by someone who knows the applicant well and can attest to their abilities, character, and potential for success in the program. The letter should highlight the applicant's academic and professional achievements, leadership qualities, teamwork skills, and overall potential for contributing to the program.

    INSEAD requires two letters of recommendation for MIM applicants. The letters should be submitted directly by the recommenders through the online application system. It is the applicant's responsibility to ensure that the recommenders have submitted their letters before the application deadline.

    Interview Questions for INSEAD MIM

    After you are short-listed, the colleges may require you to face an interview. This interview can be in person or via G-Meet. The question that they would ask is not specified as such. However, the schools are interested to know your future plans, motivation, how are you as a person, what shapes you, etc. So, there is a range of questions that might be asked. By preparing answers to these questions, you will be able to crack the INSEAD MIM interview question with no difficulty.

    Set 1

    Q: Why did you choose HEC Paris for your MIM studies?
    Q: Can you briefly describe what the HEC Paris MIM program offers students?
    Q: What do you think are the main benefits of studying at HEC Paris?
    Q: How did you approach the application process for HEC Paris MIM?
    Q: Why do you believe diversity and a global perspective are important in education?
    Q: What specific aspects of HEC Paris attracted you as a potential student?
    Q: What do you expect to gain from the HEC Paris MIM program in terms of skills and knowledge?
    Q: Can you share any prior experiences or achievements that make you a good fit for this program?
    Q: How do you plan to contribute to the HEC Paris community during your studies?
    Q: What do you envision as your main challenge while studying at HEC Paris, and how do you plan to overcome it?

    Set 2

    Q: What are your career goals, and how does the HEC Paris MIM program align with them?
    Q: How do you define leadership, and why is it important to you?
    Q: What skills or qualities do you hope to develop during your time at HEC Paris?
    Q: Can you provide an example of a teamwork experience and what you learned from it?
    Q: Are there any extracurricular activities you're interested in pursuing at HEC Paris, and how might they benefit you?
    Q: How do you think studying in an international environment will impact your career choices?
    Q: What strengths do you bring to the HEC Paris MIM program, and how will they help you succeed?
    Q: Balancing academics and career exploration can be challenging. How do you plan to manage your time effectively?
    Q: HEC Paris emphasizes entrepreneurship and innovation. How do these themes resonate with your future plans?
    Q: What motivates you to pursue higher education, and how will it contribute to your personal and professional growth?

    Tips to answer INSEAD MIM interview questions

    • Research the Program: Familiarize yourself with the INSEAD MIM program, its curriculum, values, and culture. Understand what makes the program unique and how it aligns with your goals.
    • Know Your Resume: Be prepared to discuss your academic and extracurricular experiences in detail. Highlight how your background and achievements relate to your desire to pursue an MIM at INSEAD.
    • Practice Behavioral Questions: Expect questions about your leadership experiences, teamwork, problem-solving, and adaptability. Prepare concise, structured responses using the STAR (Situation, Task, Action, Result) method.
    • Understand Your Motivation: Be clear about why you want to pursue the INSEAD MIM specifically. Reflect on your career goals and how the program will help you achieve them.
    • Highlight Diversity: INSEAD values diversity. Emphasize how your unique experiences, perspectives, and cultural background contribute to this diversity.
    • Ask Questions: Prepare thoughtful questions to ask the interviewer. This demonstrates your genuine interest in the program and allows you to gather more information about it.
    • Practice Mock Interviews: Conduct mock interviews with friends, family, or career advisors to refine your responses and gain confidence.
    • Review Your Application: Review your application materials, such as your essays and resume, as the interviewer may refer to them during the interview.
    • Follow Up: After the interview, consider sending a thank-you note or email to express your appreciation for the opportunity to interview and reiterate your interest in the program

    What Makes INSEAD MIM Unique

    insead mim unique

    Is INSEAD MIM worth it? The worthiness of pursuing a Master in Management (MIM) program at INSEAD, like any educational endeavor, depends on your individual goals, circumstances, and expectations. Here are some factors to consider when determining if an INSEAD MIM is worth it for you:

    • Career Goals: Evaluate whether the program aligns with your career aspirations. INSEAD's MIM program is designed to prepare early-career professionals for leadership roles in various industries. If this aligns with your goals, it could be a valuable investment.
    • Program Reputation: INSEAD is a well-regarded business school with a strong global reputation. Graduating from such a prestigious institution can open doors and enhance your career prospects.
      International Exposure: INSEAD's global campuses and diverse student body provide an excellent opportunity for international exposure and networking. If you seek a global career, this could be a significant advantage.
    • Curriculum: Examine the program's curriculum to ensure it covers the topics and skills you want to acquire. INSEAD's MIM program typically includes core business courses, leadership development, and a capstone project.
    • Cost and Financial Considerations: Consider the tuition costs and the potential return on investment. Evaluate scholarship opportunities, financial aid, and the potential earning potential after graduation.
    • Network and Alumni: INSEAD has a vast alumni network that can be a valuable resource for career advancement. The connections you make during your time at INSEAD can have a lasting impact on your career.
    • Timing: Think about the timing of the program in relation to your career plans. If you believe that gaining more education early in your career will benefit you, then the MIM program might be worth it.
    • Alternative Options: Compare the INSEAD MIM program with other MIM or graduate business programs to see if it offers unique advantages or fits your needs better.
    • Personal Growth: Beyond career considerations, consider the personal growth and development opportunities the program offers. The skills and experiences you gain can be valuable beyond the immediate career benefits.

    Conclusion

    The program is among the best MIM colleges in France. Master of Management is one of the best courses to choose if you want to learn about Management Science in depth. The INSEAD MIM has consistently ranked among the top global universities. Because of its high graduate employability rate, international students prefer this course at INSEAD France. International students at INSEAD France benefit from exceptional educational quality, cutting-edge practical learning, and numerous job opportunities. Students will be able to conduct extensive research in the field after receiving their MIM INSEAD from France.

    Know Your Author
    Photo of Rohit
    Rohit Rajaram
    Study Abroad Expert
    Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
    Is MIM from INSEAD worth it?

    Indeed, INSEAD's Master in Management (MIM) program is widely celebrated and regarded as a worthwhile investment by both students and employers alike. With its sterling reputation established across the globe, this prestigious business school boasts an intensive academic curriculum along with a diverse student body from all corners of the globe – topped off by immersive opportunities for practical learning experiences that are truly applicable to real-world scenarios.

    Furthermore, graduates who choose to complete their degree at INSEader often embark on successful careers within management consulting firms with enviable positions at some of the most prominent corporations around.

    Is the INSEAD MIM accredited by the French Government?

    The INSEAD MIM is accredited by the European Union and its accreditation scheme, VISA (Vocational Education and Training for In-Service Adults), affords a Master' degree under RNCP standards. This credential provides confirmation that the 14-16 months of training at INSEAD are equivalent to French prerequisites for obtaining an advanced level Bac+ 5 degree (120 ECTS).

    Are there any scholarships available for INSEAD MIM?

    Yes, INSEAD offers several scholarships for MIM students based on merit and financial need. Some scholarships are specifically targeted at students from India, such as the INSEAD Syngenta Endowed Scholarship for Emerging Country Leadership, the INSEAD Samir Brikho Endowed Scholarship for Emerging Leaders, and the INSEAD India Scholarship.

    What is the average starting salary for INSEAD MIM graduates?

    According to the INSEAD MIM Employment Report, the average base salary for graduates was €62,050, with an average signing bonus of €8,500.