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Master in Management Salary

Master's in Management Salary Insights Revealed!

Despite the globally competitive and challenging job market, a MiM degree remains very reputable among potential recruiters. As a MiM graduate, you should expect an attractive package in Master in Management salary.

With the expanding global demand for MiM graduates, an understanding of the Master in Management Salary ranges of potential graduate MiM employees is relevant as a guide through this lucrative career option. For students wishing to launch their career in management, this programme will give you a foundation in the fundamentals of managing people and organizations within the real-world context of business today.

A business project and international field trip will develop your practical skills as a talented and intelligent manager and enable you to use your insights from the programme to create real-world, practical managerial solutions.

Top High-Paying Jobs after MIM Program


A Master's in Management (MiM) unlocks various exciting career opportunities, especially for those early in their careers looking to boost their leadership skills across different sectors. This advanced degree dives deep into key management concepts and strategies. After earning a MiM, graduates are set to explore a range of career paths, equipped with the knowledge to succeed.

Let's take a closer look at some top job options for MiM graduates, along with their average salaries, as reported by PayScale.

Job Roles Salary Pay Range
Management Analyst/Consultant $65,000 - $150,000
Supply Chain Analyst $50,000 - $75,000
Marketing Coordinator $40,000 - $60,000
Human Resources Specialist $45,000 - $70,000
Financial Analyst $60,000 - $100,000
Project Manager $65,000 - $120,000
Sales Manager $60,000 - $120,000

1. Management Analyst/Consultant

Management analysts and consultants help organizations increase efficiency and solve business difficulties. They analyse current business operations and devise plans to boost organizational performance. With critical thinking and analytical skills, they evaluate financial data, market trends, and employee productivity to suggest areas for improvement.

Furthermore, management analysts frequently assist change by leading businesses through transitions and introducing new technology or processes. Their experience in project management and communication is critical in closing the gap between the existing condition and the desired outcome.

2. Supply Chain Analyst

Supply Chain Analysts work to improve the efficiency of supply chain processes such as procurement, production, and distribution. They analyze data, track performance, and provide suggestions for improvement. As supply chain logistics experts, they assess supplier relationships, optimize production operations, and plan transportation routes.

They frequently work with other departments, such as sales and marketing, to estimate demand and properly manage inventory levels. With a focus on cutting expenses while increasing customer happiness.

3. Marketing Coordinator

A Marketing Coordinator helps to create and implement marketing and advertising programs. They may conduct market research, track sales data, and plan promotional activities. They play an important role in analyzing customer trends and preferences, which aids in personalizing marketing messages and strategies.

Marketing coordinators are often in charge of coordinating multiple marketing materials, collaborating with creative teams, and ensuring that campaigns are completed on time and under budget.

4. Human Resources Specialist

Human Resources Specialists play a vital role in various jobs after MIM. They are involved in the recruitment, screening, interviewing, and placement of workers, ensuring that organizations find the right talent to meet their needs.

Beyond the hiring process, these professionals also take charge of employee relations, addressing concerns, and fostering a positive work environment.

5. Financial Analyst

Financial analysts assess financial data, track trends, and advise firms and individuals on investment decisions. They analyze market situations, economic considerations, and corporate financial statements to provide useful insights and suggestions.

Financial analysts can work in a variety of industries, including banks, hedge funds, insurance companies, and other organizations that require financial competence.

6. Project Manager

Following MIM, project managers play an important role in a variety of roles, responsible for project planning, execution, and closure. They are responsible for overseeing the full project lifecycle, ensuring that it is completed on schedule, within scope, and within budget.

Graduates with a Master of Management (MIM) degree can pursue interesting career prospects in project management by leveraging their experience in project planning, resource management, risk assessment, and effective stakeholder communication.

7. Sales Manager

Sales managers manage an organization's sales team. They are responsible for setting sales targets, analyzing data, and designing revenue-growth strategies. Sales managers are in charge of supervising and encouraging sales personnel, as well as giving guidance and support to help them accomplish their targets. They track sales results, analyze market trends, and find areas for development.

Top Recruiters for MIM Program

Top recruiters for Master of Management (MiM) graduates frequently come from a variety of industries, demonstrating MiM holders' versatility and depth of skills. Here's a list of some of the top firms and organizations that actively seek out MiM graduates:

1. Consulting

McKinsey & Company McKinsey, a worldwide firm, is looking for MiM graduates with strong analytical and problem-solving abilities.
Boston Consulting Group Prefers MiM holders for their strategic thinking skills and different perspectives.
Bain & Company Looks for MiM students to join their team, recognizing their fresh perspectives and managerial expertise.
Deloitte Offers employment in consulting and advisory services, appreciating the broad business foundation MiM graduates bring.
Accenture Seeks MiM graduates for a variety of consultancy positions, valuing their ability to adapt to changing business settings.

2. Technology

Google Appreciates MiM graduates for positions in project management, operations, and strategy.
Amazon Offers responsibilities in operations, marketing, and product management, with a focus on MiM holders' leadership qualities.
Apple MiM graduates are being sought for positions requiring innovative thinking and strategic management.
Microsoft Recruits MiM graduates for their ability to contribute to diverse business functions from a unique perspective.
IBM MiM graduates are valued for their consulting, managerial, and operational skills.

3. Finance

JPMorgan Chase MiM graduates should apply for positions in investment banking, asset management, and corporate finance.
Goldman Sachs MiM holders are recruited for their analytical talents, with opportunities available in investment banking, securities, and risk management.
Morgan Stanley MiM graduates can pursue careers in finance, wealth management, and advisory services.
Citibank MiM holders are being sought for employment in retail banking, corporate banking, and financial analysis.

What is a Master in Management?

master in management salary

What is a Master in Management? This advanced degree, often abbreviated as MiM, is aimed at deepening knowledge across various management domains. It's designed for recent graduates or early-career professionals, differing from an MBA by not requiring prior work experience.

The MiM provides a broad overview of business disciplines such as finance, marketing, human resources, and operations management, preparing individuals for a wide range of leadership roles in the business world.

Top Colleges offering MIM programs
master in management salary

According to the FT Ranking for MIM, the top-ranking institutions offer salary after MIM in the sector are mostly of European origin. Europe remains a vibrant hub for several MiM graduates and attracts bright minds yearly. According to FT Ranking Master in Management Rankings 2023, the top 20 schools for MiM are:

University Name Average Salary(USD) Country
University of St Gallen MIM $137,449 Switzerland
HEC Paris MIM $128,145 France
IE Business School MIM $122,189 Spain
London Business School MIM $130,262 UK
ESSEC Business School MIM $102,067 France/Singapore
WHU Beisheim $122,172 Germany
ESADE Business School MIM $105,869 Spain
Universita Bocconi $75,423 Italy
Rotterdam School of Management of Erasmus University $79,248 Netherlands
University of Mannheim Masters in management $93,478 Germany
WU Vienna $71,005 Austria
Imperial College MIM  $66,276 UK
UCD-Smurfit MIM $90,905 Ireland
Edhec Business School MIM $91,708 France
HHL Leipzig MIM $109,000 Germany

Average MIM Salary: Country-wise

master in management salary

The average Master in Management Salary can vary widely depending on factors such as geography, industry, level of experience, and the reputation of the educational institution from which the degree was obtained. However, it is widely recognized that a MiM degree can significantly enhance earning potential.

As we have explored the multifaceted benefits of a Master’s in Management (MiM) degree, it is also important to consider the earning potential across different countries.

Let’s take a closer look at the average salaries for MiM graduates in five key countries: USA, UK, Canada, Germany, and Australia.

Country Average Salary
USA $100,000 to over $150,000 
UK £60,000 and £100,000
Canada CAD 90,000 - CAD 120,000
Germany €40,000 and €60,000
Australia AUD 60,000 to AUD 80,000

1. MIM Salary USA

In the United States, individuals who have obtained a MIM colleges in USA typically enter the job market earning an average starting salary ranging from $60,000 to $80,000 annually. As they accumulate experience and move into higher-level positions, their salaries can climb substantially, reaching figures between $100,000 to over $150,000 per year.

Geography also has an impact on salary levels, with cities like New York and San Francisco, which are known as hubs for finance and technology, usually offering higher salaries. This can be attributed to the cost of living in these cities and the concentration of high-paying industries.

2. MIM Salary UK

In the United Kingdom, MiM graduates aftergraduating from MIM colleges in UK can expect an average starting salary of approximately £30,000 to £40,000 per year. With experience, professionals in managerial positions can expect salaries to range between £60,000 and £100,000. London, as a financial hub, tends to offer higher salaries compared to other parts of the UK, though the cost of living is also higher.

3. MIM Salary Canada

In Canada, graduates from Master's in Management (MiM) programs can anticipate an average initial salary between CAD 55,000 and CAD 70,000 annually in entry-level roles. As they progress professionally and navigate up the corporate hierarchy, these individuals can expect their remuneration to increase to CAD 90,000 - CAD 120,000, if not more, particularly in managerial or specialized positions.

It's notable that cities such as Toronto and Vancouver, which house a number of major corporations and industries, typically offer higher salaries. Indeed, MiM colleges in Canada prepare their graduates effectively for these opportunities, laying a strong foundation for their prosperous careers.

3. MIM Salary Germany

Recognized as one of the economic titans in Europe, Germany provides attractive compensation for graduates of Master's in Management (MiM) programs. The typical introductory salary for MiM colleges in Germany is estimated to be between €40,000 and €60,000 per annum.

Professionals with considerable experience, notably in fields such as engineering and manufacturing, can anticipate annual earnings exceeding €100,000. Notably, cities like Frankfurt, renowned for its thriving financial sector, often extend even higher salaries. The solid academic training provided by MiM colleges in Germany equips their graduates effectively to seize these rewarding career opportunities.

4. MIM Salary Australia

Graduates from Master's in Management (MiM) programs in Australia typically begin their careers with an annual salary ranging from AUD 60,000 to AUD 80,000. As these professionals gain experience and ascend to higher positions, their compensation can see a substantial boost, often reaching between AUD 100,000 and AUD 150,000 or even higher in managerial capacities.

Major economic hubs like Sydney and Melbourne usually provide more lucrative remuneration compared to other areas. This promising trajectory is largely thanks to the excellent education offered by MiM colleges in Australia, which prepares graduates for these rewarding career opportunities.



In conclusion, a Master in Management (MIM) degree, as evidenced by reviews and insights on platforms like Glassdoor, is a potent catalyst for career growth and development. From imparting essential business knowledge to honing leadership skills, this degree equips aspiring professionals with the arsenal they need to thrive in the fast-paced world of business

Master's in Management (MiM) graduates, are aptly positioned to receive competitive salaries that increase with their experience. While remuneration may vary due to elements such as geographical location and industry type, trends indicate that those with MiM degrees.

Does the reputation of the MiM college affect the salary after graduation?

Yes, typically graduates from well-reputed MiM colleges tend to attract higher salaries due to the perceived quality of education and strong network connections that these institutions provide.

Is a MiM degree worth the investment considering the potential salary?

A MiM degree can be a substantial investment, but it's important to consider not just the immediate post-graduation salary but also the long-term career growth and development opportunities that a MiM degree can provide.

Can MiM graduates negotiate their starting salaries?

Salary negotiation is usually a part of the job offer process, and a MiM graduate can certainly attempt to negotiate their starting salary. However, success depends on factors like the employer's policies, the graduate's skill set, the job market, and the specific industry.

What roles do MiM graduates typically take on in corporations and how does this influence their salaries?

MiM graduates often secure roles in management, consulting, business development, finance, and more. These roles generally offer competitive salaries, with earning potential increasing substantially as they move into more senior positions.

How does work experience prior to the MiM course influence the starting salary of a graduate?

Previous relevant work experience can indeed have a positive impact on the starting salary of a MiM graduate. Employers often value the practical understanding and skills that experienced candidates bring.

Know Your Author
Photo of Abhyank
Abhyank Srinet
Study Abroad Expert
Abhyank Srinet, the founder of, 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, 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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