ESCP Europe MIM Review

The ESCP MIM program is designed to nurture the future leaders of the business world. It has earned a prestigious position as the 5th ranked program globally and consistently remains within the top 10 business schools worldwide. The program's integrated curriculum is delivered across six ESCP Europe campuses, offering students the opportunity to obtain up to four national degrees. Additionally, it provides the option of pursuing dual degrees through partnerships with 120 esteemed academic institutions worldwide.

The ESCP MIM program stands out for its international focus, providing students with valuable exposure to diverse cultures and perspectives. It also emphasizes the importance of gaining practical experience in the professional world. By combining theoretical knowledge with real-world application, the program equips students with the skills and mindset required to thrive in today's global business landscape.

When you choose the ESCP Europe MIM program, you can expect an exceptional educational experience that is recognized as one of the best in the world. Benefit from international exposure, professional opportunities, and a curriculum that prepares you to be a standout leader in your chosen field.

ESCP MIM is known to have a diverse range of class profiles. The primary aim behind such a diverse range of profiles is to provide diverse experiences to its cohort. Another plus factor in terms of this program is that it boasts a 50% female cohort with a class size of 900 from about 120 nationalities.
 

ESCP Europe MIM is known for its stringent admission procedure. Resultantly, the program offers an acceptance rate of 10%. To enhance your chances of receiving an admission from ESCP MIM, you should work on holistically honing your profile. Another step that you can take to move toward your goal of receiving an admit to the program is to make sure that you showcase your strengths and overshadow your weaknesses by providing apt examples.

Acceptance Rate: 10%

Developed in partnership with top global recruiters, and educational experts, the ESCP MIM curriculum and program gives students hands-on practice of the corporate world. There are continuous Industry related workshops and conferences going on. There are many clubs where students explore on their own and enhance their skill set for the corporate world. 

ESCP Europe MIM allows you to benefit from worldwide quality while launching your career in the field and country of your choice, with 63 specialisations offered, over 40 dual degree partners and 6 metropolitan campuses in some of Europe’s most attractive cities.

Core Courses at ESCP MIM

• Accounting and Financial Analysis: This course covers the basics of accounting and financial analysis, including financial statements, accounting rules and financial ratios.
• Corporate Finance: This course covers topics such as investment decisions, capital structure and risk management.
• Marketing: This course focuses on marketing strategies, consumer behavior and market research.
• Operations and Supply Chain Management: This course covers topics such as production planning, inventory management and logistics.
• Organizational Behavior: This course covers topics such as motivation, leadership, communication and teamwork.
• Strategy and Business Policy: This course covers topics such as corporate strategy, industry analysis and competitive advantage.
• International Business: This course focuses on the challenges and opportunities of managing businesses in an international context.
• Entrepreneurship: This course covers topics such as identifying business opportunities, developing business plans and securing funding.

Electives at ESCP MIM

• Breaking the Code of True Leadership: This course focuses on developing leadership skills and capabilities that go beyond the technical aspects of management. It aims to help students become effective leaders who can inspire, motivate, and guide their teams towards achieving common goals.
• Corporate Social Responsibility & Sustainable Strategies: This course provides an overview of the principles of corporate social responsibility (CSR) and sustainable business practices. It explores the ways in which companies can integrate social and environmental concerns into their business strategies to create long-term value for stakeholders.
• Design Thinking in Management and Entrepreneurship: This course introduces students to design thinking, a human-centered approach to problem-solving that emphasizes empathy, experimentation and iteration. It teaches students how to use design thinking to develop innovative solutions to complex business challenges.
• Emerging Markets Finance: This course examines the unique challenges and opportunities of financial management in emerging markets. It covers topics such as risk management, capital raising and investment strategies in emerging economies.
• Foundations of Indian Business Culture: This course provides an overview of the cultural, economic, and political factors that shape business practices in India. It helps students understand the unique challenges and opportunities of doing business in India.
• Innovation and Entrepreneurship: This course explores the process of innovation and entrepreneurship, including idea generation, opportunity recognition, and commercialization. It teaches students how to create and grow innovative businesses in a dynamic, rapidly changing environment.
• International Business and Human Rights: This course examines the intersection of international business and human rights. It covers topics such as labor rights, environmental responsibility, and community engagement and helps students understand the ethical and legal implications of corporate behavior.
• International Human Resource Management: This course focuses on the challenges of managing human resources in a global context. It covers topics such as cross-cultural communication, expatriate management and helps students develop the skills to lead and manage teams across borders.
• Investment Banking & Financial Engineering: This course provides an in-depth understanding of investment banking and financial engineering, including valuation, risk management and financial modeling. It teaches students how to apply financial theory to real-world investment and financing decisions.
• New Public Management and Sector Performance: This course examines the principles of new public management, a management approach that emphasizes efficiency, effectiveness and accountability in public sector organizations. It helps students understand the challenges of managing public sector organizations and how to improve their performance.

Clubs and Associations at ESCP MIM

• Consulting Club - Provides students with opportunities to gain practical experience in consulting projects, learn about the industry and develop their skills.
• Finance Club - Focused on finance-related careers, this club offers networking opportunities, industry insights and workshops to students.
• Entrepreneurship Club - Encourages and supports students interested in starting their own ventures by organizing events and mentoring sessions.
• Social Impact Club - Provides a platform for students to engage in projects related to social and environmental issues and make a positive impact on society.
• Sports Club - Offers students the chance to participate in a range of sports and physical activities, promoting a healthy and active lifestyle.
• Art and Culture Club - Organizes events related to art, music and culture to enrich the students' experience beyond the classroom.
• International Affairs Club - Provides a platform for students to discuss and engage with global issues and politics.

Extra Activities at ESCP MIM

• Sports: ESCP MIM has a range of sports clubs, including football, volleyball, basketball and tennis. These clubs provide opportunities for students to stay active and build connections with their peers.
• Cultural events: ESCP MIM organizes cultural events such as food fairs, art exhibitions and music festivals. These events celebrate the diverse backgrounds of the student body and promote cultural exchange.
• Professional development: ESCP MIM offers workshops and seminars on topics such as leadership, communication and entrepreneurship. These events provide students with the skills and knowledge they need to succeed in their careers.
• Networking events: ESCP MIM hosts networking events with alumni and industry professionals. These events provide students with the opportunity to build connections and learn about career opportunities.
• Community service: ESCP MIM encourages students to engage in community service projects. These projects provide students with the opportunity to give back to the community while developing their leadership and teamwork skills.

Scholarships for ESCP MIM

• ESCP Foundation Scholarships: These scholarships are awarded to outstanding students who demonstrate academic excellence, leadership potential and a commitment to the values of ESCP. The scholarships cover tuition fees for the first year of the program.
• ESCP Women in Leadership Scholarship: This scholarship aims to support female students who have a strong academic record, leadership potential and a commitment to promoting gender equality. The scholarship covers up to 50% of the tuition fees for the program.
• ESCP Diversity and Inclusion Scholarship: This scholarship is awarded to students who come from underrepresented backgrounds and demonstrate a commitment to promoting diversity and inclusion. The scholarship covers up to 50% of the tuition fees for the program.
• ESCP Social Impact Scholarship: This scholarship supports students who have a strong interest in social entrepreneurship and demonstrate a commitment to creating positive social impact. The scholarship covers up to 50% of the tuition fees for the program.
• ESCP Entrepreneurial Impact Scholarship: This scholarship is awarded to students who demonstrate a strong entrepreneurial spirit and a commitment to creating innovative solutions to societal challenges. The scholarship covers up to 50% of the tuition fees for the program.

Your online application must be complete to acquire admittance to ESCP MIM. And other criteria are as follows:

GPA needed for ESCP MIM

 ESCP MIM does not specify a minimum GPA requirement for admission. However, applicants are expected to have a strong academic record and must submit their official academic transcripts.

GMAT needed for ESCP MIM

GMAT is not required for admission to ESCP MIM. However, submitting a GMAT score can strengthen the application.

GRE needed for ESCP MIM

GRE is not required for admission to ESCP MIM. However, submitting a GRE score can strengthen the application.

Avg work experience needed for ESCP MIM

ESCP MIM does not require work experience for admission. However, applicants with relevant work experience can showcase their professional achievements and enhance their chances of admission.

Is IELTS needed for ESCP MIM

Non-native English speakers are required to submit proof of their English language proficiency through an accepted English language test such as IELTS. The minimum IELTS score required is 7.0 overall, with no individual band score below 6.5. Other accepted English language tests include TOEFL, Cambridge English and Pearson Test of English.

Document Related to the Application

• High School Diploma
• University transcripts
• Certificate of enrollment or Diploma
• Personal statement
• CV
• TOEFL, TOEIC, IELTS or Cambridge Scores​
• GMAT, GRE, CAT, TAGE-MAGE or ESCP Test (on campus*).​
• Passport or Identity Card
• Recommendation Letters
• Cover Letter
• Application Fee

Being one of the top programs worldwide, ESCP Europe MIM is known for its rigorous admission procedure. Hence, international students are expected to complete their admission profile as soon as possible. In fact, it would be for the best if you could apply for the early bird seats offered by the program. 

ESCP MIM Admission Process

• Online Application: The first step is to complete and submit an online application form, which includes personal information, academic and professional background, essays, and letters of recommendation.
• Entrance Exam: Candidates are required to take an entrance exam, which can be either the GMAT, GRE, TAGE-MAGE, or the ESCP admission test.
• English Language Proficiency: Applicants who are not native English speakers are required to provide proof of their proficiency in English through a standardized English language test, such as TOEFL, IELTS, or Cambridge English.
• Admissions Interview: Shortlisted candidates are invited to an admissions interview, which can be conducted in person or via Skype. The interview is an opportunity for the admissions committee to learn more about the candidate and assess their fit for the program.
• Final Decision: After the interview, the admissions committee makes a final decision on whether to offer admission to the candidate or not.
• Acceptance: If the candidate is offered admission, they will receive an acceptance letter from ESCP and will be required to pay a non-refundable deposit to secure their place in the program.

When do the admissions start?

The admissions cycle for ESCP MIM usually starts in the fall, around September or October. However, it is always recommended to check the official ESCP website for the most updated and accurate information on admissions timelines.

What are the steps to the application process? Does this involve an interview round?

• Online application: Fill out the online application form and upload all the required documents such as transcripts, test scores and a CV.
• Application fee: Pay the application fee, which is non-refundable.
• Admissions test: Take either the GMAT, GRE, or Tage Mage exam and submit the scores to the school.
• English language proficiency: If English is not your first language, you will need to take an English language proficiency test, such as the TOEFL or IELTS and submit the scores to the school.
• Letters of recommendation: Submit two letters of recommendation preferably from academic or professional references.
• Essay: Write an essay that explains your motivation for pursuing a Master in Management degree and how the program aligns with your career goals.
• Interview: Shortlisted candidates will be invited for an interview, which can be conducted in person or via video conferencing.

When will I hear from the university after I submit my application?

After submitting your application to ESCP MIM, you can expect to hear back from the university within four to six weeks. However, the timeline may vary based on the volume of applications received and other factors. If you haven't received any communication from the university after six weeks you can follow up with the admissions office to inquire about the status of your application.

Overall ESCP Europe MIM Placements are pretty good. With top Global firms coming down to the campus for recruitment. ESCP is the top colleges for MIM in abroad and companies all over the world look for ESCP MIM graduates which is why 97% of the students find jobs within 3 months of graduation. As a student, you will be encouraged and empowered to acquire skills in self-discovery, branding and networking that will benefit you throughout your career.

Average Starting Salary of ESCP Europe MIM

The average starting salary of ESCP Europe MIM graduates varies based on several factors such as the industry, location, work experience and language proficiency. As per the latest ESCP MIM Employment Report the average starting salary for the class was €47,800. However, this is subject to change every year.

ESCP MIM Employment Report

The ESCP MIM Employment Report reveals that the average starting salary for the class was €47,800. It's important to note that the starting salary varies based on several factors such as the industry, location, work experience and language proficiency. Therefore, the average starting salary may differ for different years and batches of graduates.
 

Following are the top 3 sectors which hire candidates from the ESCP Europe MIM. These are Consultancy, Finance, Banking & Insurance and Technology. If we look at the statistics, about 27% of the program’s cohort is recruited by the Consulting sector, whereas about 16% and 15% by the Finance and Technology sectors, respectively. Following are the top companies that visits the ESCP campus to recruit their MIM graduates.

Companies Recruiting from ESCP MIM

ESCP MIM is a highly respected and globally recognized business school that has a strong reputation for producing top talent. As such, many leading companies actively seek out graduates from the program to fill their management and leadership positions. Some of the notable companies that recruit from ESCP MIM include consulting firms like McKinsey & Company, Bain & Company and The Boston Consulting Group, as well as big-name corporations such as Amazon, Microsoft and Procter & Gamble.

Consulting Firms Recruiting from ESCP MIM

• McKinsey & Company
• Boston Consulting Group (BCG)
• Bain & Company
• Deloitte
• EY
• Accenture
• Roland Berger
• Oliver Wyman
• Strategy& (formerly Booz & Company)
• Capgemini

Finance Firms Recruiting from ESCP MIM

• J.P. Morgan
• Goldman Sachs
• Morgan Stanley
• BNP Paribas
• Société Générale
• Credit Suisse
• Deutsche Bank
• UBS
• Barclays
• HSBC

Technology Firms Recruiting from ESCP MIM

• Amazon
• Google
• Microsoft
• IBM
• Apple
• Dell
• SAP
• Cisco
• Hewlett-Packard
• Intel

ESCP has a strong ESCP MIM alumni network of 68,000 members in 150 countries worldwide. The ESCP Europe MIM alumni support its members by boosting their careers through developing their network and promoting the ESCP brand. ESCP Europe Alumni have access to over 60,000 job opportunities each year. Most of the placements take place through this network.

Some Famous Alumni of ESCP MIM

• Jean Pierre Raffarin - Former PM of France.
• Michael Barnier - EU Negotiator.
• Franck Petitgas - Global Head of Investment Banking in Morgan Stanley

The ESCP Europe MIM comprises long essay questions. ESCP MIM takes its essays very seriously and uses it as a medium to understand the strengths and weaknesses of prospective students. So make sure your Masters in Management essays are top-notch.

Essay 1
Please comment on an international/ multicultural experience that has influenced you in particular and why? (200 Words maximum)

Essay 2
Please comment on your most significant work experience related to the field of the program for which you are applying. (200 Words maximum)

Essay 3
Please comment on the positions of responsibility held in school, in clubs/ society. Outline your hobbies, general ​interest and other activities. (200 Words maximum)

A letter of recommendation for ESCP Europe MIM should be written by someone who knows the applicant well and can speak to their strengths, abilities, and potential for success in the program. Ideally, the recommender should be a professional contact, such as a current or former supervisor, mentor, or professor. The letter should provide specific examples of the applicant's accomplishments, skills, and personal qualities that make them a strong candidate for the program. It should also highlight how the applicant would benefit from and contribute to the ESCP Europe community. Finally, the letter should be well-written, concise, and submitted on time to ensure the application is complete.

Three to four panel members, ranging from professors to graduates to ad com members, conduct the ESCP MIM interviews. Direct interviews at ESCP are somewhat formal. Over a Skype call, you should expect the interviewers to ask you 6-8 questions in general. Be prepared to answer any queries about your profile. The interview can last between 15-20 minutes.

Set 1

Q. Tell me about a time when one of your strengths was a weakness.
Q. Are you good with numbers and can you get a high GMAT score?
Q. What motivates you to leave your family business?
Q. What motivates you to leave your prior position?
Q. Do you have a certain industry in mind?
Q. What is the most effective technique to motivate people?
Q. Give an example of a “letdown,” and what you did to compensate.
Q. Why are you interested in pursuing a “degree name’>’?
Q. What are the short and long-term objectives?
Q. How can the programme assist you in achieving your career objectives?
Q. What do you see yourself doing in five years?
Q. Why are you interested in studying in a “country name”?
Q. Which other colleges have you applied to? Why?

Here are a few facts about ESCP Europe MIM that make it unique-

• Multi-Campus Structure: ESCP has six campuses located in major European cities, including Paris, London, Berlin, Madrid, Turin, and Warsaw. This multi-campus structure enables students to study in Europe countries and experience different cultures and business practices.
• Focus on European Business: ESCP has a strong focus on European business, which means that students learn about the unique challenges and opportunities of doing business in Europe. This is particularly important in today's globalized economy, where understanding regional business practices and cultures is essential.
• Entrepreneurship: ESCP has a strong focus on entrepreneurship and encourages its students to be innovative and creative in their approach to business. The school offers a range of entrepreneurship courses and has a dedicated incubator to support student start-ups.
• Diversity: ESCP is a truly international business school, with students from over 100 different countries. This diversity is reflected in the school's faculty and curriculum, which are designed to prepare students for a global career.
• Career Services: ESCP has a comprehensive career services department that provides students with access to job opportunities, career advice, and networking events. This support is invaluable in helping students to secure internships and jobs after graduation.

ESCP Europe MIM is a highly regarded program for those seeking a global business education. With its focus on international management and intercultural exchange, students have the opportunity to develop their skills and gain valuable experience in diverse settings. The program's rigorous curriculum, diverse student body, and emphasis on practical learning prepare graduates to excel in a rapidly changing business world. With its prestigious reputation and extensive network of alumni and corporate partners, ESCP Europe MIM offers a unique opportunity for students to enhance their career prospects and become leaders in their field.