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Ft MIM & MBA Ranking: Financial Times Latest Masters in Management Ranking

With the increasing popularity of MiM- Masters in Management amongst young professionals, more and more students are coming upfront to acquaint themselves with the newly introduced course and pursue a degree in the same. FT MiM rankings is the way to show students which college if best at providing this degree.

Masters in Management is a premium post-graduate degree designed to provide comprehensive knowledge about varied management streams such as Finance, Marketing, Consulting, Entrepreneurship, and many others.

Master in Management or MIM is a popular choice of professional degree among fresh graduates or people with less work experience. This is because it provides a comprehensive understanding of management fields- marketing, operations, finance, consulting, entrepreneurship, etc., in a shorter duration than an MBA degree. Therefore, with the increasing popularity of MIM amongst young professionals, more and more students are coming upfront to acquaint themselves with the newly introduced course and pursue the degree. 

However, MIM is a relatively new concept to MBA. Thus a common query for young aspirants is whether they should pursue this degree or not. 

Well, if you are looking to change your career path to management, upgrade your work life, or want to study in a different country and explore a variety of cultures and network with people from other nations. All these things are achievable, even if you are from a non-management background. Additionally, after graduating with a MiM, you have a strong chance of getting a job and continuing your education as MiM Graduates can pursue PhD studies.

However, the majority of MiM graduates chose to work immediately after graduation. Although a PhD is a fantastic option for furthering your research or obtaining a thorough grasp of the area and its operation, a PhD is a wonderful option. However, the best option is to try your hand in the industry and see what you can do.

A MiM degree prepares an individual for a strong kickstart to his career. It focuses on inducing versatility among young professionals.

List of Top MIM Schools as per FT MiM Rankings

ft mim rankings

1. University of St. Gallen

The University of Gallen has named its MiM program – Strategy and International Management (SIM). This 18-months long SIM program has been ranked #1 in financial times since 2011. The strategy and International Management (SIM) class size at the University of St. Gallen is 50. The strategy and International Management (SIM) curriculum contain 5 compulsory core courses and 3 core electives. The 3 core electives of this program include the advanced management courses and Integratives.

2. HEC Paris

Ranked 2nd as per the FT MiM Rankings 2022, the Master in Management program of HEC Paris caters to the need of the young graduates looking to enhance their management and leadership skills. The HEC Paris MiM program offers 20 specializations and 20 international dual degree programs. Moreover, it offers a number of electives and an optional year gap. Their one of a kind dual-phase program is probably what makes it the 2nd best MiM Degree program across the globe. 

3. University College Dublin

The MSc in Management program of this university is a tailor-made program to suit the needs of the students who wish develop their career in business, but do not have a business background. This implies that you do not have to be graduated with a business background to be eligible for this program. It is available to all the students including, engineering, law science, arts, the social sciences, nursing, and agriculture. The class size of this program is about 94.

4. London Business School

The LBS MIM program is developed in collaboration with the top recruiters of the world. Hence, its is natural that the curriculum will enable you to adapt to and understand critical business, and international perspectives. This ultimately bestows the students with the practical knowledge of the business world. The core courses of the MiM curriculum of LBS include Decision and Risk Analysis, Data Analytics for Management, Business Analytics, Finance, Marketing, Strategy, etc.

FT MIM Rankings

After deciding on your course of study, it is crucial to decide which college you would like to attend. Often we see students struggle in making the right choice about their college and eventually land up in a dilemmatic situation. In order to make it easier for you, we have curated a list of the top 50 schools to pursue a MiM degree.

FT MBA Rankings 2023

University Name

Location

Average Salary After Graduation

($)

1

University of Pennsylvania: Wharton

US

237,530

2

Columbia Business School

US

218,542

3

Insead

France/Singapore

186,784

4

Harvard Business School

US

207,180

5

Northwestern University, Kellogg School of Management

US

201,455

6

Stanford Graduate School of Business

US

218,805

7

University of Chicago: Booth

US

199,046

8

London Business School

UK

174,106

9

Yale School of Management

US

190,941

10

Iese Business School

Spain

163,780

11

MIT: Sloan

US

193,297

12

HEC Paris

France

165,558

13

SDA Bocconi School of Management

Italy

174,967

14

University of California at Berkeley: Haas

US

207,853

15

New York University: Stern

US

192,188

16

Ceibs

China

174,890

17

Cornell University: Johnson

US

181,821

18

Dartmouth College: Tuck

US

188,784

19

Duke University’s Fuqua School of Business

US

182,777

20

University of Virginia: Darden

US

182,174

21

National University of Singapore Business School

Singapore

159,877

22

University of Cambridge: Judge

UK

165,667

23

Carnegie Mellon: Tepper

US

178,194

24

University of Michigan: Ross

US

177,803

25

University of Southern California: Marshall

US

179,095

26

UCLA Anderson School of Management

US

173,473

27

Georgetown University: McDonough

US

170,886

28

IMD Business School

Switzerland

164,192

29

Washington University: Olin

US

144,234

30

University of Washington: Foster

US

156,715

31

University of Oxford: Saïd

UK

150,226

32

Indian School of Business

India

158,749

33

Fudan University School of Management

China

136,709

34

Imperial College Business School

UK

138,865

35

Esade Business School

Spain

136,175

36

HKUST Business School

Hong Kong

146,246

37

Ohio State University: Fisher

US

145,450

38

University of North Carolina: Kenan-Flagler

US

155,407

39

Nanyang Business School, NTU Singapore

Singapore

133,948

40

IE Business School

Spain

142,118

41

Vanderbilt University: Owen

US

157,525

42

Peking University: Guanghua School of Management

China

156,488

43

University of Florida: Warrington

US

134,850

44

Alliance Manchester Business School

UK

128,529

45

Emory University: Goizueta

US

155,586

46

University of Texas at Austin: McCombs

US

162,682

47

Rice University: Jones

US

161,279

48

University of Rochester: Simon Business School

US

142,192

49

University of California at Irvine: Merage

US

142,261

50

CUHK Business School

Hong Kong

127,903

Requirements to Study within FT MiM Rankings list

As a MiM degree is designed for young graduates, it does not require a lot of work experience like an MBA degree. It has made this one of the most popular degrees of all time. However, there are some requirements for international students to study MiM-

Eligibility Criteria to study MIM abroad

Undergraduate or a bachelor’s degree: Since MiM is a master’s degree, it is natural that you must have completed your undergraduate degree and submit the same as proof.

Work Experience: As mentioned above, the focus of this degree is the students who just graduated from college. For this reason, the work experience criteria of MiM are not as stringent as an MBA. You can apply with even a work experience of fewer than 2 years.

Application process 

After completing your graduation, you need to select the college(s) you want to apply to. Before applying to the college(s) you have selected, please make sure that your educational background fits the eligibility criteria of that school. Though you are eligible to pursue a MiM degree irrespective of your field of graduation, you must check the eligibility criteria. This is because it can save you from wasting precious time.

According to the college you are applying to, complete English proficiency exams such as TOEFL, IELTS, etc. Take competency tests such as GMAT, GRE, etc., if required by the university.

Why Consider a MIM degree?

Often referred to as an alternative degree or a precursor to a traditional MBA, pursuing a MiM has its own benefits. Some of them are as follows-

Masters in Management are globally oriented: The main reason for the popularity of the MiM degrees is that these degrees are mainly designed for international students as they are taught in English. The core courses that are instructed in most MiM degrees are Management theory, organisational behaviour, etc. 

Little or no work experience required: One of the most significant benefits of a Master’s in Management is that it allows you to expand your business skills immediately after completing a Bachelor’s degree programme. Traditional business degrees, such as an MBA, typically require a significant amount of prior job experience, typically between 3 and 5 years. Many MIMs have no job experience requirements or only require one year of previous work experience.

Masters in Management give the foundation for a successful career start and aids recent graduates in finding suitable employment in an increasingly young labour market with high expectations.

Get a versatile study experience: The Master’s in Management, which began as a Master of Science (M.Sc.) degree, is a programme that combines in-depth theoretical coursework with a supportive learning environment. In addition, electives such as money psychology, e-commerce, and corporate ethics are available. You may even acquire a second language as part of your MIM degree, which may be a programme requirement.

However, more management schools are beginning to incorporate practical experiences, making MIMs more adaptable to the contemporary global job market.

Practical classes, when combined with guest speakers from top organisations and internship possibilities, meet the demand for real-world experience among ambitious business professionals. McKinsey, P&G, L’Oréal, and Google are just a few examples of partners who are continually on the lookout for young managers.

Capture insights from leading business leaders across the world: Some Master’s in Management programmes will also provide the opportunity to obtain international experience and travel to several other locations to gain insights from leading global experts. Thanks to global connections between top business schools and organisations.

Develop a complete set of managerial skills: Management necessitates a broad understanding of a variety of linked areas. Masters in Management programmes attempt to meet this requirement by offering classes on a wide range of topics.

Future managers will be able to appreciate the intricate interrelationships between business topics and contribute to relevant conversations. MIMs normally have a strong emphasis on leadership and personal development. In many MIM courses and seminars, collaborative activities are an integral part of the curriculum.

A MIM degree will primarily assist you in developing strong interpersonal skills, being a rapid problem solver, and understanding how to apply managerial theory to the real world of business. You’ll have a thorough knowledge of how a corporation runs in the context of the socioeconomic environment, and you’ll be able to deal with global difficulties.

Acquire leadership skills at an affordable price: Masters of Management degrees are typically less expensive than other popular and sought-after business degrees, like a Master of Business Administration. Depending on the university, specialisation, and even location, the annual MIM study fee might range from 2,000 to 30,000 EUR. MIM in UK and the United States normally have higher tuition rates, yet even the highest available tuition is usually half the cost of an MBA programme offered by any institution in the globe.

Types of Job Profiles After MIM

1. Business Development Manager

Working as a business consultant might be a good fit for you if you have experience managing firms and understand many parts of finance, marketing, business, and management. They are responsible for raising the company’s income by bringing in new customers. Their analytical and communication skills come in handy at work and in maintaining outstanding customer connections.

2. Social Media Manager/Digital Media Manager

Nowadays, this is a crucial domain for every firm since it is one of the most important areas for marketing and communication. This profession entails a great deal of responsibility since you are the public face of your company. In order to execute social media campaigns, you need also know how to optimally use  social media platforms and have a creative mindset. When it comes to developing a digital media marketing plan, you’ll need a keen eye. In order to design relevant tactics, you must also have a thorough understanding of various technologies such as Google Analytics and other tools.

3. Project Manager

Project managers have the scope of working in a variety of fields and industries, such as marketing, healthcare, infrastructure, information technology, etc. They are in charge of completing the task in a timely manner. They must be able to operate under pressure, as well as effectively manage a team. Therefore, their organizational and communication abilities are extremely important. Aside from that, they must ensure that the projects are done on schedule and within the budget.

Top Companies Hiring MIM graduates

The Master in Management (MIM) degree is becoming increasingly popular among recent graduates who want to pursue careers in management and business. Many top companies recognize the value of hiring MIM graduates and actively seek them out for employment. Here are some of the top companies hiring MIM graduates:

McKinsey & Company

McKinsey & Company is a global management consulting firm that hires MIM graduates for a variety of roles, including business analyst, research analyst, and consultant.

Amazon

Amazon is a multinational technology company that hires MIM graduates for roles such as operations manager, product manager, and business analyst.

Deloitte

Deloitte is a global professional services firm that hires MIM graduates for roles such as consulting analyst, strategy analyst, and risk advisory consultant.

Goldman Sachs

Goldman Sachs is a multinational investment bank and financial services company that hires MIM graduates for roles such as investment banking analyst, operations analyst, and risk management analyst.

L'Oreal

L'Oreal is a French multinational personal care company that hires MIM graduates for roles such as marketing manager, product manager, and business development analyst.

Nestle

Nestle is a Swiss multinational food and beverage company that hires MIM graduates for roles such as supply chain analyst, finance analyst, and brand manager.

Procter & Gamble

Procter & Gamble is an American multinational consumer goods company that hires MIM graduates for roles such as brand manager, supply chain analyst, and finance analyst.

Unilever

Unilever is a British-Dutch multinational consumer goods company that hires MIM graduates for roles such as brand manager, marketing manager, and supply chain analyst.

Boston Consulting Group (BCG)

BCG is a global management consulting firm that hires MIM graduates for roles such as consultant, business analyst, and research analyst.

EY (Ernst & Young)

EY is a global professional services firm that hires MIM graduates for roles such as consultant, advisory analyst, and risk management analyst.

FT MBA Rankings

ft mim rankings

FT MBA Rankings 2023

University Name

Location

Average Salary After Graduation

($)

1

University of Pennsylvania: Wharton

US

237,530

2

Columbia Business School

US

218,542

3

Insead

France/Singapore

186,784

4

Harvard Business School

US

207,180

5

Northwestern University, Kellogg School of Management

US

201,455

6

Stanford Graduate School of Business

US

218,805

7

University of Chicago: Booth

US

199,046

8

London Business School

UK

174,106

9

Yale School of Management

US

190,941

10

Iese Business School

Spain

163,780

11

MIT: Sloan

US

193,297

12

HEC Paris

France

165,558

13

SDA Bocconi School of Management

Italy

174,967

14

University of California at Berkeley: Haas

US

207,853

15

New York University: Stern

US

192,188

16

Ceibs

China

174,890

17

Cornell University: Johnson

US

181,821

18

Dartmouth College: Tuck

US

188,784

19

Duke University’s Fuqua School of Business

US

182,777

20

University of Virginia: Darden

US

182,174

21

National University of Singapore Business School

Singapore

159,877

22

University of Cambridge: Judge

UK

165,667

23

Carnegie Mellon: Tepper

US

178,194

24

University of Michigan: Ross

US

177,803

25

University of Southern California: Marshall

US

179,095

26

UCLA Anderson School of Management

US

173,473

27

Georgetown University: McDonough

US

170,886

28

IMD Business School

Switzerland

164,192

29

Washington University: Olin

US

144,234

30

University of Washington: Foster

US

156,715

31

University of Oxford: Saïd

UK

150,226

32

Indian School of Business

India

158,749

33

Fudan University School of Management

China

136,709

34

Imperial College Business School

UK

138,865

35

Esade Business School

Spain

136,175

36

HKUST Business School

Hong Kong

146,246

37

Ohio State University: Fisher

US

145,450

38

University of North Carolina: Kenan-Flagler

US

155,407

39

Nanyang Business School, NTU Singapore

Singapore

133,948

40

IE Business School

Spain

142,118

41

Vanderbilt University: Owen

US

157,525

42

Peking University: Guanghua School of Management

China

156,488

43

University of Florida: Warrington

US

134,850

44

Alliance Manchester Business School

UK

128,529

45

Emory University: Goizueta

US

155,586

46

University of Texas at Austin: McCombs

US

162,682

47

Rice University: Jones

US

161,279

48

University of Rochester: Simon Business School

US

142,192

49

University of California at Irvine: Merage

US

142,261

50

CUHK Business School

Hong Kong

127,903

Conclusion

In conclusion, the Financial Times Masters in Management (MiM) and Masters of Business Administration (MBA) rankings provide valuable insights into the world's top business schools and their programs. The rankings take into account various factors, including alumni salaries, career progress, and diversity, to provide a comprehensive evaluation of each school's program. The latest FT MIM rankings highlight the dominance of European business schools in the MiM category, with HEC Paris, London Business School, and University of St. Gallen taking the top three spots.

In the MBA category, Harvard Business School, Stanford Graduate School of Business, and INSEAD MBA program take the top three spots. These rankings can serve as a useful tool for prospective students who are considering pursuing an MiM or MBA degree and can help them make informed decisions about which schools and programs to consider. Ultimately, the FT MIM rankings reflect the continued importance of business education in today's competitive job market and the value of pursuing advanced degrees in management and business.

What are the criteria used for the ranking?

The ranking is based on several criteria, including alumni salary, career progression, international mobility, and faculty diversity.

What is the methodology used to compile the ranking?

The methodology includes a survey of alumni from each program, data from each school, and research conducted by the Financial Times.

How can students use the ranking to choose a program?

The ranking can be used as a starting point for researching Masters in Management programs and identifying schools that may be a good fit based on the criteria used for the ranking.

Are there any limitations to the ranking?

 Yes, the ranking has limitations, including its focus on a specific set of criteria, potential biases in the survey of alumni, and differences in program structure and content that make direct comparisons challenging.

How important is a school's ranking in the Financial Times MIM ranking?

While rankings can be a helpful tool in selecting a school, they should not be the only factor considered. It's important to evaluate each school based on individual preferences and goals.

Know Your Author
Photo of Abhyank
Abhyank Srinet
Study Abroad Expert
Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
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