MiM, the Future of Management Degrees
Masters in management is one of the plethora of programmes available for students in their early careers that serves as an alternative to MBA for those who don’t wish to gather the work experience required to apply for an international MBA. MiM is a European concept that usually involves one year of study in various fields of management and involves experiential modules to help students stitch together what is taught in class with what happens in the real world. These experiential modules can include international trips to business centres around the world, a consultancy project with a reputed company, a gap year for work experience or internships.
Raghav Agarwal shares his experience with us. “In my second year of CBS, I was faced with the dilemma of going for an MBA or an MiM right after college. Deciding on an MiM I applied to many colleges but chose LBS for several reasons. London Business School, is one of the few top universities to offer an MiM programme with a 96% international student diaspora comprising some of the smartest people in the world with an alumni community of 42000 spread across 155 countries.. I chose LBS because of its balance of theoretical knowledge with practical experience and its wide range of more than 60 electives enabling me to customise the course. Moreover, as part of the programme, LBS takes its students on Global Immersion Field Trips (GIFTs) which exposes us to the key themes of entrepreneurship, sustainability, and social impact, and helps us understand how businesses function around the world. Given the various benefits that MiM has to offer, I would recommend it to everyone who is looking for an experiential educational programme.”