Master in Management (MIM) degrees in Germany
In the field of Masters in Management studies, Germany has proven itself to be a leader with its state of the art universities, modern amenities and top-rated courses to study in Germany. The free education provided by German public universities, the low cost of living, and the 18-month post-study work permit make Germany an attractive destination for international students studying Masters in Management.
MIM: One Of The Best Courses To Study In Germany
Alternatively known as MIM in Germany, the Master in Management degree program is a postgraduate degree program offered for 18 to 24 months. It is intended for students who wish to become successful leaders and acquire knowledge in the field of management. The Master of Management (MIM) is a highly popular course in Europe. It is designed for candidates who have some or no work experience and wish to begin a career. Hence, there are many reasons why students prefer Germany as a destination to opt courses to study in Germany.
Candidates seeking to begin a career in management who possess little or no previous work experience should consider pursuing an MIM or MSc in Management program. To be eligible for MIM programs in Germany, Indian students must have a Bachelor’s degree or equivalent in a management-related field. While public universities in Germany do not charge tuition, the cost of studying for an MIM degree at a private university in Germany begins at €11,000 and can increase to €17,000 per year. Those who graduate with a Master of Management in Germany (MIM in Germany) can expect to earn between €48,000 euros and €66,000 euros as part of their starting remuneration.
Best MIM Colleges in Germany
Here are the top ranked MIM colleges in Germany:
|TUM School of Management||Public University|
|HHL Leipzig Graduate School of Management||Private University|
|WHU (Otto Beisheim)||Private University|
|Frankfurt School of Finance & Management||Private University|
|Humboldt University of Berlin||Public University|
|University of Mannheim, Business School||Public University|
Top MIM Specialisations in Germany
The following is a list of the top MIM specializations in Germany for Indian students seeking to study MIM. During the initial phases of courses to study in Germany like MIM, emphasis is placed on developing a solid foundation in management sciences and allied concepts such as analytical skills and statistical methods. The second phase focuses on various specializations which students can choose from depending on their preferences. MIM specializations include:
- MIM in General Management
- MIM in Supply Chain
- MIM in Business
- MIM in International Business
- MIM in Finance
- MIM in Marketing
- MIM in Economics
- MIM in Entrepreneurship
MIM in Germany Eligibility
Candidates interested in pursuing MIM in Germany must meet the following primary requirements:
- Applicants must hold a bachelor’s degree in a related field.
- Admission to German universities may require GMAT/GRE scores (optional).
As a prerequisite for pursuing MIM in Germany, students must possess the following language skills:
- Applicants are required to demonstrate proficiency in the German language in order to be admitted to public universities in Germany.
- By taking English proficiency tests such as IELTS, TOFEL iBT, or PTE, you can demonstrate your knowledge of the English language.
- Applicants to German universities should have a minimum of 2-3 years of work experience (subject to university admission criteria). (optional)
- Motivation letters [Statement of Purpose (SOP) / What is a Letter of Recommendation (LOR)] and Admission Essays.
- Copy of certificate and grades of all lectures in the pre-study.
Cost of studying MIM in Germany
Students at public universities in Germany are not required to pay tuition fees, but must pay a semester fee ranging between €150 and €300 at the beginning of each semester. MIM programs in German private universities are typically priced between €11,000 and €17,000 per year.
Cost of Living in Germany: Applicants seeking to live in Germany are required to open a Blocked Account. In the Blocked Account, there is sufficient money to cover a student’s living expenses. The amount is decided by the German government.
For more information on courses to study in Germany, consult with experienced study abroad professionals.