Masters in Management In France

France, the land of wonderful cuisine and wine, offers fantastic prospects to specialise in management. MIM programmes at France’s best business schools provide an opportunity to earn essential business and management knowledge and skills. MIM is gaining popularity among overseas students who desire to study in France because of its great employment prospects and inexpensive tuition prices when compared to an MBA. However, as more individuals travel to European countries for high-quality education, France frequently leads the list. MIM programmes, in particular. It offers a unique ability to develop a highly social network that would be highly required in the future. A primary reason students are drawn towards a MIM program in France is that the French market is capable enough to absorb MIM graduates from France. Aside from being a hub of expanding technology, innovation, and development, MIM in French institutions provide the opportunity to study from the top teachers, engage with individuals from varied backgrounds, and participate in pan-European networking opportunities.

Additionally, French Business schools have a lot to offer in terms of both theatrical and practical expertise. Along with a competitive curriculum and skilled professors to learn from, the renaissance architectural infrastructure and other student amenities such as a library, high-tech labs, and so on help students have a pleasant college experience. Regardless of specialisation, a MIM from a reputable French university will undoubtedly add value to your career. Graduating from business schools such as HEC Paris or INSEAD raises one’s profile and gives one an advantage in the competitive business world. The prestige of such B-schools, as well as the quality of education and relevant practical experience, enable them to serve as advocates for the MIM in French as a whole.

Each year, thousands of international students are drawn to France by its romanticism, academic atmosphere, and way of life. Students can actually have the best of both worlds by enrolling at top-ranked European colleges and paying the lowest tuition fees in the world. The Hexagon, as France is known locally, is a multicultural crossroads where you may meet, get to know, and form connections with individuals worldwide. There are also several English-taught degrees available (over 1,500). You can also study French, the language of love, which will allow you to appreciate the local food and tourism attractions even more and make you a more attractive job candidate.

Why study MIM in France

Let’s discuss why a MiM in France is an excellent option to choose. Several variables contribute to French brilliance.

Founder of MiM

First, the MiM was founded in the Grande Ecoles, which are super-elite professional schools that have produced many of France’s top executives. That has allowed them decades to fine-tune the syllabus and methodology to perfection.

Employability

MIM in France are likewise designed with employers in mind, with many organisations adapting them to their specific needs. Hence, MiM graduates have excellent job prospects, while international students can simply obtain a short work visa.

Inexpensive

Employers also support education, making tuition for French MiMs significantly less expensive than it is elsewhere. Given the promising job prospects, they provide exceptional value for money.

Diverse culture

The acclaimed culture of France attracts many MiM students. Gastronomy, art, and entertainment are world-renowned in big cities such as Paris.

Here is a YouTube video on Study in the UK vs France.

Specialization and courses for MiM in France

The Master in Management (MiM) degree was invented in France, so it’s no surprise that it still has the largest selection of the best programmes, according to publications like The Economist and Financial Times.

In France, there is a variety of master’s in management programmes. The following are the top 5 ones:

HEC Paris

The Economist named HEC Paris “King of the MiM” this year, when the prestigious French business school topped the magazine’s ranking of the finest 40 courses in the world. HEC Paris is one of France’s Grande Ecoles, a group of highly selective French schools that founded the MiM and educated many of the country’s top business leaders.

HEC offers courses such as MSc in International Finance (MIF), MSc Managerial and Financial Economics and MSc Marketing – Integrated Marketing for the Digital World.

SKEMA Business School

SKEMA Business School began in Lille, France, but has now expanded to include campuses in Brazil, China, and the United States. The MiM programme, which is ranked third internationally by the Economist, benefits from this. Students can study portions of the MiM on all three sites, crisscrossing continents.

Skema Business School offers a Master in Management Science​, MSc Project and Programme Management & Business Development, Master in “Economic Analysis and European Policy”, and MSc Supply Chain Management.

ESSEC Business School

Another of the Grande Ecoles is ESSEC Business School, which was ranked fourth in the Financial Times’ ranking of the 100 finest Masters in Management programmes around the world last year. The MiM is notable for its work placements, with 100% of the cohort working for prominent worldwide companies during the MiM, which are frequently paid and tuition fees are typically reimbursed.

ESSEC offers a Master in Finance, Advanced Master in Business Administration Research, and Advanced Master in Strategy & Management of International Business.

EDHEC Business School

The programme at EDHEC Company School in Lille is well regarded by major journals, and students can focus on global economic transformation and technology, financial economics, or business management. EDHEC also holds “triple crown” accreditation from the awarding groups EQUIS, AACSB, and AMBA, ensuring high teaching standards.

EDHEC offers a Master in Management, Global Economic Transformation & Technology (GETT), LL.M. in Law & Tax Management, MiM Financial Economics.

Toulouse Business School

TBS Education is one of only 1% of top international business schools to have received the “triple crown” of accreditation from AACSB, AMBA, and EQUIS. These accreditations serve as a global quality baseline, ensuring that your degree will be recognised around the world.

TBS offers MSc Banking & International Finance (Toulouse), MSc. Big Data, Marketing & Management, and MSc Finance (Barcelona).

Eligibility Criteria for MiM in France

• Applicants must hold a three-year bachelor’s degree in any subject of studies, such as social sciences, sciences, engineering, or the arts.
• To evaluate the applicants on a common baseline, the GMAT/GRE score or equivalent standardised test scores are used. For example, for applying to a MIM programme at one of France’s top business schools, a safe GMAT score should be above 650.
• For overseas students, a TOEFL/IELTS score is required to demonstrate English language proficiency.
• The ability to communicate in French is not a requirement for admission.
• Professional experience is not required and may be negligible or nonexistent.

Documents checklist for MiM in France

The below-mentioned documents are required to apply for admission to the Institutes in France:

• Degree certificate(s) or current enrolment certificate(s).
• A one-page curriculum vitae (CV)
• Academic transcripts and GPA
• Official GMAT, GRE, or TAGE MAGE test score report
• Studying Costs
• Previous certifications

Exams Required for MiM in France

GRE

Let us briefly brush up on our knowledge of the GRE before moving on to universities in France that accept it. Graduate Record Examination is abbreviated as GRE. ETS, a firm based in the United States, owns the trademark. The GRE is taken by students from all over the world to meet the admission requirements for graduate schools all across the globe.

The top universities that accept GRE in France include HEC Paris, ESSEC Business School, Toulouse Business School, and INSEAD, and the accepted score for GRE is above 300.

TOEFL

Because the TOEFL test is recognised by all of France’s best colleges, it can serve as your passport to the country. According to admissions staff in France, many French schools favour TOEFL exam scores above other types of English-language tests. This test also assists pupils in standing out during the application process.

IELTS

French schools accept the International English Language Testing System (IELTS) exam to give a fair and accurate English language proficiency assessment.

However, you can study in France even if you don’t have IELTS. It is not required for admission to several private and public universities in France. Without IELTS, overseas students can demonstrate their English language skills through interviews and other acceptable English language competency examinations in France. Even Many MBA schools in USA and other countries also require the same score.

GMAT

For applying to a MIM programme at one of France’s top business schools, a safe GMAT score should be above 650. For overseas students, a TOEFL/IELTS score is required to demonstrate English language proficiency.

Cost of studying MiM in France

Employers also support education, making tuition for MiM in Frence significantly less expensive than it is elsewhere. Given the promising job prospects, they provide exceptional value for money. Also, the acclaimed culture of France attracts many MiM students.

The cost of studying MiM in France ranges from €30,000 to €40,000 per annum, depending upon the kind of university you are studying in. For instance, the tuition fee for a MiM program in HEC Paris is €36,000, while in ESSEC Business School, it is €31,000.

Jobs after Masters in Management in France

According to a GMAC poll, hiring expectations have increased from 49 per cent in 2012 to 59 per cent in 2020. Demand is low in the United States, with only 49 per cent expecting to be hired, compared to 86 per cent in Asia-Pacific, 76 per cent in Latin America, and 74 per cent in Europe. The tendency has been progressively rising throughout the years, and it is projected to continue in the following years.

Another encouraging result is that larger organisations with over 1000 employees are more likely to hire MIM graduates, with a 73 per cent chance vs a 36 per cent chance for smaller businesses.

Consulting and assistance are both excellent options for MiM ranks in Europe. For example, around 40% of HEC Paris (France) graduates consider business incentives, whereas over a third do not. Alternatively, advertising, calling in, and business are the critical course options for alumnae at IE (Spain).

The principles of management are the focus of the MIM curriculum. In India and Europe, this degree is prevalent. Students frequently receive entry-level employment like Management Trainee after completing this degree. Analysts are also top-rated. MIM graduates can work as HR Managers, Sales Managers, Training Managers, General Operation Managers, or Business Development Managers after gaining experience. The top ten institutions’ beginning salaries varied from $60,000 to $95,000. In addition, more than 80% of graduates found work within three months after finishing their degree.

Let’s discuss the top 3 job titles:

Project Manager

Project managers can work in various fields and industries, including healthcare, marketing, infrastructure, and information technology. They are the in-charge of completing the work promptly. Therefore, they must be able to operate under pressure and in tight situations while also managing the team. Their organisational and communication abilities come in handy in this capacity. Aside from that, they must ensure that the projects are done on schedule and within the budget.

Digital/Social Media Manager

This is a crucial area for any firm these days, as it is one of the most critical areas for marketing and communication.

Because you are the public face of your company, this job requires a high level of accountability. To execute social media campaigns, you should also know how to use various social media platforms to their best potential and have a creative mindset. A keen eye is required while developing a digital media marketing strategy. To design relevant tactics, you must also understand various tools such as Google Analytics and other tools.

Business Development Manager

Working as a business consultant could be a good fit for you if you have experience managing firms and understand many parts of finance, marketing, business, and management. They are in charge of expanding its revenue by attracting new clients. Their analytical and communication skills are helpful in their employment and in keeping excellent client relationships.

MiM in France without GMAT

As a management curriculum, MIM, or Master in Management, has grown popular. MIM courses attract students from all around the world every year. To be admitted, students must overcome numerous obstacles and compete. One of the significant challenges is to achieve a high GMAT or GRE score. Students can fail to achieve the required GMAT/GRE score and are unable to enrol in the business schools of their choice. However, many colleges will accept you without taking the GMAT or GRE.

Let’s look at the best MIM schools that don’t require GMAT or GRE results:

• ESCP Europe Business School
• NEOMA Business School
• Pantheon-Sorbonne University
• INSEEC Business School
• Paris Business School
• Lille University of Science and Technology
• ESLSCA Business School
• Institut Mines-Telecom Business School
• PAG Business School
• Toulouse Business School
• Rennes School of Business
• Montpellier Business School
• IESEG School of Management
• Insead Business School France

Cheapest MiM in France for Indian students

The MIM in France is a less expensive alternative to an MBA and is the most popular course in Europe, where it began. When MBA demand was flat in 2019, MIM programmes around the world had a 3% increase in applications, according to research conducted by the Graduate Management Admission Council (GMAC).

Higher education in France is cheaper than in other European studies abroad destinations. In France, postgraduate tuition fees range from 3067 EUR to 14724 EUR per year, with an average of 9202 EUR in a single year.

Indian students can also apply for scholarships based on their merit and test scores. Complete scholarship programmes provide a tuition price waiver in total and financial aid to help with living expenses. The following are some of the noteworthy scholarship schemes for Indian students studying in France:

• Charpak Fellowship
• Raman-Charpak Fellowship
• EIT Scholarship for International Excellence
• UICC Technical Fellowship
• The Erasmus Fellowship
• Elizabeth Greenshields Foundation grant

Conclusion

A Master in Management (MIM) programme focuses on marketing, accounting, or finance and lasts one or two years. In Europe, MIM is known as MSc in Management.

The MIM degree is aimed at those just starting their careers or with limited job experience. The MIM and the MSc in Management are the same things.
First-year students or professionals with limited experience can learn about a variety of subjects, including structural business concepts. The course is quite popular in Europe among people interested in learning more about management courses. In addition, finance, consulting, marketing, and other specialisations are available through MIM courses.

After completing the MiM course, the students will be qualified for entry-level positions in business management. MBAs are for those graduates who want a degree in business management. MIM from abroad has become a popular alternative for those who do not wish to pursue an MBA in the recent decade.

Frequently Asked Questions