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Nova SBE MIM Review


10 minutes

Table of Contents

    Key Takeaways

    Program Overview: The Nova SBE MiM is designed as a full-time, one-year program that focuses on providing a robust foundation in management principles. It emphasizes experiential learning through internships, company projects, and international exchange opportunities. The curriculum is crafted to develop critical thinking, leadership, and analytical skills, preparing students to tackle real-world business challenges effectively.

    Class Profile: The MiM Class at Nova SBE is diverse and dynamic, comprising students from various academic backgrounds and nationalities. The class includes individuals with prior experience in industries such as finance, consulting, and technology. This diversity enriches the learning experience, fostering a global perspective and cross-cultural collaboration.

    Tuition Fees: The tuition fee for the Nova SBE MiM program is approximately €13,500 for the entire duration. This fee covers access to all academic resources, including library services, career support, and extracurricular activities. Additional costs may include living expenses and other personal expenditures.

    Average Salary and Employment: Graduates from the Nova SBE MiM program have a strong track record of securing lucrative employment opportunities. The average starting salary for graduates is around €40,000 per year. Many alumni find positions in top multinational companies and prestigious consulting firms, reflecting the program’s excellent reputation and the high caliber of its graduates.

    Introduction

    Nova School of Business and Economics (Nova SBE) is renowned for its comprehensive Master’s in Management (MiM) program, which combines rigorous academic training with practical experience.

    As a premier institution, Nova SBE equips students with the essential skills and knowledge required to excel in the global business landscape. This program is tailored for aspiring business leaders looking to enhance their career opportunities, expand their professional network, and achieve significant earning potential.

    Nova SBE MIM Class Profile

    Nova SBE MIM program is an exceptional venture that attracts students of diverse backgrounds and experiences. Class sizes typically range from 150 to 200 with an average age of 23, though there are people from all corners of the globe enrolled in this course! Through its flexible approach, Nova SBE places emphasis on team-building and networking skills - creating a dynamic learning environment for both instructors and students alike.

    Nova SBE MIM Acceptance Rate

    Nova is a well-known university that places a high value on academic accomplishment. This indicates that the most crucial factor to consider when evaluating a candidate is academic proficiency. The most important document in your Nova SBE MIM application is your transcripts, which reveal a lot about your academic motivation and performance over time. Nova is looking for individuals who have excelled in a variety of challenging subjects. The rate of acceptance is 76 percent.

    Program and Curriculum Nova SBE MIM

    This program is developed as an enriching combination of core courses, electives, skill modules, and work projects, and the course provides students with the required academic rigor and professional knowledge to succeed in management roles. The program involves an extensive period of professional transformation that prepares the students for global challenges in all industrial milieus. The Nova SBE MIM starts with a discovery week, and a student can choose an area of expertise to focus their master’s studies on a particular area.

    Core Course

    • Finance
    • Human Resources
    • Marketing
    • Statistics
    • Strategy

    Electives

    • Accounting & Auditing
    • Financial Management
    • Digital Business
    • Human Resources Management
    • Innovation & Entrepreneurship
    • Marketing
    • Operations Management
    • Social Enterprise
    • Strategy & International Business

    Extra Activities of Nova SBE MIM

    Nova SBE is committed to its students’ overall development. As a result, they provide students with a variety of academic and non-academic clubs and organisations to choose from. During their time at Nova SBE, students can also participate in a variety of internships. These internship possibilities could come from industry partners, allowing students to obtain practical experience.

    Events

    • Nova Cultural Event
    • Future Talks Sessions
    • NOVA Annual Conferences

    Students Club

    • Nova Social Consulting Club
    • Nova Economics Club
    • Nova Investment Club
    • Marketing Consulting Student Club
    • Nova SBE Startup Student Club
    • Nova Portfolio Management Club
    • Nova Women in Business Club

    Eligibility and Requirements for Getting into Nova SBE MIM

    Nova SBE MIM program eligibility and related documents.

    Eligibility

    • Candidates from any Bachelor’s program are eligible. However, candidates with limited quantitative skills may need to complete bridging courses in August.
    • Candidates are encouraged to provide evidence of English language proficiency at level B2. No knowledge of Portuguese is required.
    • Professional experience is not a requirement to be admitted. Candidates should have less than two years of professional experience.
    • Should be under 26 years old.

    Document Related to the Application

    • Passport photo
    • Copy of ID card
    • Curriculum Vitae (in English)
    • Grade transcript with full list course list and grades
    • Motivation letter/cover letter in English (for Double Degree candidates)
    • English Certificate (when available)
    • Second foreign language certificate (for International Master in Management)
    • Proof of mobility experience (for International Masters in Management)
    • Application fee payment receipt (non-refundable fee of 51€ for all applicants)
    • Any other documents in English that you think may enrich your application, such as a motivation letter or reference letter
    • Additional Application Form (for Double Degree candidates only)

    The application fee for the direct application is €70.

    Nova SBE MIM Deadlines

    Nova SBE MIM program has a flexible admissions process, with no set deadlines. Applicants are encouraged to submit applications as early as possible for both optimal chances at admission and sufficient time to obtain visas and scholarships; decisions typically arise within three-to-four weeks of submitting materials.

    Deadline Dates
    Deadline 28 APRIL

    Nova SBE MIM Employment And Placement

    The MIM program at Nova SBE has an enviable track record of graduates finding employment and placement, with its career development team working closely with students to aid them in attaining their Master in Management career goals. By the end of graduation, 90% of Nova SBE MIM graduates have found placements within six months; these positions span a myriad of industries and sectors all over the world. Alumni connections remain valuable resources for furthering one's career - regardless of where one lands.

    Top Sectors Hiring Nova SBE MIM Graduates

    Nova SBE MIM is intended to give students exposure to business and management. The school’s objective is to train leaders for business, which typically takes them through numerous industries or to entrepreneurial jobs. Furthermore, 94 percent of Nova MiM graduates were employed within six months of graduation, and there are numerous global job opportunities. Graduates have the opportunity to work in various fields.

    Companies recruiting from Nova SBE MIM

    Consulting

    • PwC
    • Deloitte
    • BCG

    Finance

    • Ernst & Young
    • KPMG
    • Baker Tilly

    Technology

    • Microsoft
    • Accenture
    • Amazon

    Nova SBE MIM Alumni Info

    Nova SBE alumni boast an extensive network, boasting nearly 17,000 alumni in over 100 countries. This expansive community provides countless opportunities for professional networking as well as mentorship and advancement within a career. The school's Career Development Team works diligently with alums to provide ongoing guidance and support in the pursuit of both students' futures as well as furthering the success stories of graduates.

    Some Famous Alumni

    • António Simões – CEO of Santander Spain and the Regional Head of Europe
    • Vítor Gaspar – Former Minister of Finance and Minister of State

    Application Essay for Nova SBE MIM

    Master in Management Essay for college applications is a fantastic method to impress admissions officers. As a result, personalize your application essay by delving deep into your passion for and desire to learn more about your subject and crafting a response that can only be tied to you. 

    Q1. Write a motivational letter to express your strengths and interests. 
    When writing the motivational statement, the applicant is advised to focus on the following:

    • Why do you think that the university and the Master’s program are interesting and suitable for you?
    • Focus on some of your strongest qualifications, past experiences (international experiences are always relevant), and qualities; organize the middle paragraphs in terms of the qualifications most relevant to the program. You can also refer to your CV for more details.
    • Conclude by restating your interest and showing appreciation for the chance to prove yourself in the letter

    Q2. What is the most important thing that you would like us to know that is not in your résumé or application?
    This component is critical in determining who you are as a student and as a person in order to determine the value you could bring to our program. Use this as an opportunity to highlight your distinct qualities and personality. Begin with a powerful introductory paragraph about yourself, both personally and professionally. Then demonstrate your great academic record, professional advancement, client management experience, leadership, and foreign experiences. Make a list of some of your most significant accomplishments, along with any figures or prizes you may have gotten. Demonstrate your great performance through promotions, leadership chances, or overseas deputation.

    Q3. Show us an activity you enjoy doing. Tell us how you think it contributes to your personal and professional development.
    Try to mention your strengths in this section and be extremely honest about them. Don’t overwrite and be to the point. Avoid exaggerating. Describe what you now require in order to achieve your short and long-term objectives. Demonstrate how an MBA or Nova SBE MIM degree may assist you in bridging the skills gap and achieving your short-term goal.

     Essay questions for the Nova Fellowship for Excellence:

    1. State your contribution to the academic life and community in your previous studies (Up to 1000 characters)
    2. State your extracurricular activities and social engagement (Up to 1000 characteristics)
    3. State your academic achievements (remember that your Grade Point Average has already been discriminated above) (Up to 1000 characteristics)

    Letter of Recommendation for Nova SBE MIM

    The most important thing to keep in mind when writing graduate school letters of recommendation is that they must be prepared by someone who knows you professionally. In principle, each recommender’s LOR should highlight a variety of your qualities, with varying levels of involvement. Nova School of Business and Economics requires one academic and one professional LOR for the Nova SBE MIM program. Remember that your recommendation letter should add value to your application by demonstrating how relevant the program is to you.

    Academic LOR
    An Academic LOR is a letter that explains your application for admission to the university in question and includes recommendations from your professors or academic mentors. 

    Professional LOR
    A professional letter of recommendation is essential for admission to a master’s program. Such letters can be written by supervisors, managers, heads, and other senior employees, as well as peers. Students should be aware that the professional LOR must be indicated on the letterhead.

    Interview Questions for Nova SBE MIM

    Here are some Nova SBE MIM interview questions that you should consider while preparing for the interview-

    Q: Tell me about yourself.
    Q: Could you perhaps go through your resume with me?
    Q: What are the benefits of pursuing a MIM? Why did you decide to attend Nova Business School?
    Q: Why should you perform a MiM now rather than later? Why would you want to get a MiM at this point in your career?
    Q: What are your immediate and long-term goals?
    Q: What is your contingency plan?
    Q: What are your most valuable possessions? Could you please give some specific examples?
    Q: What is your most serious flaw? Could you please give some specific examples?
    Q: How can you add value to the class?
    Q: Why should we bother with you in the first place?

    What Makes Nova SBE MIM Unique

    Here are five unique points about the Nova SBE MIM (Master in Management) program:

    Diverse Curriculum: The MIM program offers an enriching selection of management and business topics, including finance; marketing; strategy; entrepreneurship, and innovation.

    Practical Learning: The course concentrates on practical learning by utilizing case studies, simulations, and real-world projects; providing students with hands-on experience and more advanced comprehension of business principles.

    Strong Career Development: Nova SBE has an extensive career development team, who collaborates closely with students to help them realize their ambitions and procure job opportunities. They provide comprehensive guidance and resources that will assist in navigating the job market successfully while also attaining success within their chosen field.

    International Exposure: Students in the program benefit from a truly global experience, with a diverse student body, international faculty members, and partnerships with over 200 universities worldwide. Students have exclusive opportunities to travel abroad and acquire valuable international exposure as well as cultural awareness that can be further enhanced upon return.

    Alumni Network: Nova SBE boasts an impressive alumni network that provides beneficial relationships, mentorship, and professional opportunities for both students and alums alike. This expansive network spans the globe with over 17,000 individuals located in more than 100 countries; it is well regarded amongst business leaders.

    Conclusion

    In sum, Nova SBE MIM (Master in Management) program is an esteemed route for recent graduates from any area of study to acquire a comprehensive understanding of management principles. The curriculum offers students world-class instruction and opportunities for practical learning experiences coupled with robust career development support; furthermore, alumni can rest assured knowing the program provides them with a highly selective educational experience that will set them apart from other professionals in their respective fields.

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    |
    Study Abroad Expert

    Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.

    Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

    His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

    Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

    is GMAT & GRE necessary to apply for Nova SBE MIM?

    No, uploading a GMAT or GRE test is mandatory.

    Is Nova SBE a good university?

    Indeed, Nova School of Business and Economics (Nova SBE) enjoys recognition as one of the most acclaimed business schools in Europe and across the globe. Accredited by such esteemed institutions as the American Association for Collegiate Schools of Business (AACSB), European Quality Improvement System International - Equitable Assurance Scheme for Higher Education Institution – India-based AMBA Programmes recognized Nova SBE to ensure high-quality education provided.

    Furthermore, this prestigious school boasts a diverse student body; an international faculty; extensive partnerships with over 200 universities worldwide; plus an enviable alumni network that continues to inspire success after graduation.

    What is Nova SBE ranked in QS?

    As of my cutoff date in September 2021, Nova School of Business and Economics (Nova SBE) has been ranked 42nd in the QS World University Rankings for Business and Management Studies. However, this figure could fluctuate depending on which criteria is used; additionally it would be wise to factor into account if it's a current or past ranking.

    Can I change from Economics to Management or vice-versa at Nova SBE?

    By the end of the 1st year, students at Nova SBE can request to change courses. This change however is guaranteed for Nova SBE students and has to pay a fee of €70.

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