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IBS Business School Ranepa MiM: Detailed Review

11/10/2023

120

Course Credits

2

Min. Work Experience

$6,149

Cost of Study

24

Months Duration 

$66K

Avg. Salary

Summary

Introduction to MiM at IBS Ranepa

The Master in International Management (MiM) program at IBS Ranepa is an intensive two-year full-time program that prepares students from a variety of backgrounds with the advanced strategic and leadership skills they need to accelerate their careers in business in a very dynamic global world.

The program is taught entirely in English and attracts students from all over the world. The curriculum is designed to provide students with a strong foundation in the theory and practice of international management. Students will learn about the latest trends and challenges in global business, and they will develop the skills they need to lead and manage teams in a globalized world.

The MiM program at IBS Ranepa is also known for its strong focus on practical learning. Students will have the opportunity to work on real-world projects with leading companies, and they will also participate in a variety of simulations and case studies. This will help them to develop the skills and knowledge they need to be successful in the global business world.

The program covers a wide range of topics, including:

  • Meta competencies
  • Neuro technologies in management
  • Global business trends
  • Digital transformation
  • Data analytics and decision-making
  • TrendWatching and scenario planning
  • Sustainability/ESG

This interdisciplinary approach gives students a holistic understanding of the business world and the skills they need to be successful in a variety of roles and industries.

Why Study MiM at IBS Ranepa?

12

FT Rankings

1

Russia & Eastern Europe

Top International Business School in Russia with Global Recognition

IBS Ranepa is a top international business school in Russia with global recognition. It is one of the 10% of elite business schools worldwide with international accreditations from AACSB and AMBA. This means that you will receive a world-class education and that your degree will be recognized by employers around the globe.

A Global Mindset and an International Outlook

IBS Ranepa has a multicultural student body with international students constituting 45% of the student body. 30% of the teaching is also delivered by international faculty. This allows you to learn from and network with people from all over the world, which is essential for success in the global business world.

2 Years = 2 Degrees

At IBS Ranepa, you can earn two official degrees in two years: a Russian government-accredited Master’s Degree and a Specialized Master’s Degree. This gives you a significant advantage in the job market, as you will have the skills and knowledge that employers are looking for.

1 Programme = 25+ Specializations

IBS Ranepa’s Master in International Management (MiM) program offers over 25 specializations, so you can choose a path that is aligned with your interests and career goals. This allows you to develop the deep knowledge and skills that you need to be successful in your chosen field.

Work and Study

IBS Ranepa offers a flexible schedule of classes that allows working students to earn their degrees. This allows you to gain real-world experience while you are studying, which will make you more competitive in the job market.

Action – Reflection – Learning

IBS Ranepa’s teaching approach is focused on practice-oriented learning. You will have the opportunity to participate in business simulations, case studies, group projects, and consulting project. This will allow you to apply what you are learning in the classroom to real-world business problems.

City of Moscow

Moscow is a beautiful, vibrant, and cosmopolitan city. It is a great place to live and study, and it offers a wealth of cultural and social opportunities.

Career Opportunities

IBS Ranepa has a strong alumni network and a partnership with The International Honor Society of Beta Gamma Sigma. This gives you access to a wide range of career opportunities and resources.

Overall, the Master in International Management program at IBS Ranepa is a great option for students who are looking for a world-class education, international exposure, and the skills and knowledge they need to succeed in the global business world.

Program Costs + Living Expenses : MiM at IBS Ranepa

$ 4,849

Cost of Tuition/Annually

+

$ 1,300

Avg. Living Cost/Quarter

6,149

Avg. Cost of Study

The tuition fee for the MiM program at IBS Moscow-RANEPA is around $4,849 per annum. In addition to tuition fees, students will also need to budget for living expenses, such as accommodation, food, transportation, and other personal expenses.

The average cost of living in Moscow varies depending on your lifestyle and spending habits. However, you can expect to spend around RUB $240 – $600 monthly on living expenses. This includes the cost of accommodation, eating out at affordable restaurants, and using public transportation.

Here is a breakdown of the estimated program costs and living expenses for the Master in International Management program at IBS Moscow-RANEPA:

Program costs:

  • Tuition fees: $4,849 per year

Living expenses:

  • Accommodation: $150 – $300 per month
  • Food: $10 – $150 per month
  • Transportation: $5 – $15 per month
  • Other personal expenses: $80 – $ 150 per month

Total estimated costs:

  • $7,789 – $12,229 per year

Please note that these are just estimates and your actual costs may vary depending on your circumstances.

Employement Prospects : MiM at IBS Ranepa

96%

Employed within 3 months of graduation

66,000

Avg. Salary

    Most Sought-after Jobs

International Marketing Manager

International Product Manager

Business Development Manager

Management Consultant

International Trader

Human Resources Manager

The Master in International Management program at IBS Moscow Ranepa is a highly ranked program that prepares students for successful careers in global business. The program has a strong track record of employment success, with 96% of graduates employed within three months of course completion. The average salary for MiM graduates from IBS Ranepa is 66,000 USD, which is significantly higher than the average salary for Master of Business Administration (MBA) graduates in Russia.

Here is a more detailed breakdown of the employment prospects for MiM graduates from IBS Ranepa:

  • Employment rate within three months of course completion: 96%
  • Average salary: 66,000 USD
  • Salary percentage increase: 106.29%

MiM graduates from IBS Ranepa are in high demand from employers in a variety of industries, including consulting, finance, and technology. The program’s strong focus on international business and its global network of alumni give graduates a competitive advantage in the job market.

Here are some examples of companies that hire MiM graduates from IBS Ranepa:

  • Deloitte
  • EY
  • KPMG
  • McKinsey & Company
  • PwC
  • Accenture
  • Boston Consulting Group
  • Goldman Sachs
  • JPMorgan Chase

If you are interested in a career in global business, the MiM program at IBS Moscow Ranepa is a great option. The program’s strong focus on international business and its global network of alumni will give you the skills and connections you need to succeed in the job market.

Eligibility Criteria for MiM at IBS Ranepa

Eligibility Criteria for Master in International Management at IBS Moscow – Ranepa

Exchange Students

To be eligible for the MIM exchange program at IBS Moscow, you must be enrolled at a partner university. You can find a list of partner universities on the IBS Moscow website.

Once you have confirmed that your home university is a partner of IBS Moscow, you can apply for the exchange program by submitting the following documents:

  • Application form
  • Certificate of enrollment from the sending institution
  • Academic transcripts (courses taken at the program in which you are currently enrolled)
  • Learning agreement
  • Curriculum vitae
  • 2 passport size photos (black and white or color)
  • Passport copy (first page)
  • Visa information table (available at the official website of IBS Moscow – Ranepa)

Degree Students

To be eligible for the MiM degree program at IBS Moscow, you must have a bachelor’s degree from an accredited university.

To apply for the MiM degree program, you must submit the following documents:

  • Application form
  • Copy of your bachelor’s degree, legalized (apostille or consular legalization), complete with transcript of academic records.
  • IELTS certificate (6) or equivalent (not required if the language of instruction at the bachelor’s level was English)
  • Curriculum vitae
  • 2 passport size photos (black and white or color)
  • Passport copy (first page)
  • Visa information table (available at the official website of IBS Moscow – Ranepa)

Additional Information

  • All documents must be submitted in English.
  • IBS Moscow reserves the right to request additional information from applicants.
  • Applicants are encouraged to apply as early as possible, as the visa process can be lengthy.

Application Deadlines - MiM at IBS Ranepa

TypeSem 1 DeadlinesSem 2 Deadlines
Exchange StudentsMay 15thOctober 15th
Degree StudentsJuly 15thNA
Joint Program within IBSA AllianceJuly 15thNA

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Scholarships Available : MiM at IBS Ranepa

Although IBS Moscow – RANEPA does not offer any specific scholarships for MiM students, a number of external scholarships available. Most of these scholarships have the following common eligibility criteria:

  • Must be an international student
  • Must have been admitted to a master’s degree program in Russia
  • Must have a strong academic record
  • Must demonstrate financial need

External Scholarships

Here are a few external scholarships that MiM students at IBS Moscow – RANEPA may be eligible for:

  • Russian Government Scholarships: The Russian government offers a number of scholarships to international students, including master’s students. These scholarships cover tuition, living expenses, and accommodation. To apply, students must contact the Russian embassy or consulate in their home country.
  • Open Door Scholarships: The Open Door Scholarships are a joint initiative of the Russian Ministry of Education and Science and the World Bank. These scholarships cover tuition, living expenses, and accommodation for international students pursuing master’s degrees in Russia. To apply, students must contact the Open Door Scholarships website.
  • Scholarships from International Organizations: Many international organizations, such as the World Trade Organization (WTO) and the International Monetary Fund (IMF), offer scholarships to international students pursuing master’s degrees in Russia. To find out more about these scholarships, students should visit the websites of the relevant organizations.

Specializations & Electives Offered

The Master in International Management program at IBS Moscow – RANEPA offers four specializations:

International Finance

This specialization prepares students for careers in international finance, banking, and investment. Students in this specialization will learn about the global financial system, international financial markets, and financial risk management.

International Entrepreneurship

This specialization prepares students for careers in starting and running their international businesses. Students in this specialization will learn about the challenges and opportunities of international entrepreneurship, as well as the skills and knowledge needed to be successful.

Alternative Marketing

This specialization prepares students for careers in non-traditional marketing roles, such as social media marketing, digital marketing, and content marketing. Students in this specialization will learn about the latest trends and technologies in marketing, and how to use them to create effective marketing campaigns.

Double Degree

In partnership with the Burgundy School of Business in France, IBS Moscow – RANEPA offers a double degree program in international management. Students in this program will spend one year studying at each school, and upon completion, they will receive a master’s degree from both schools.

FAQs About MiM at IBS Ranepa

The language of instruction for the MiM program at IBS Ranepa is English.

The class profile at IBS Ranepa is multicultural, with international students constituting 45% of the student body. 30% of the teaching is also delivered by international faculty. This gives students the opportunity to learn from and network with people from all over the world, which is essential for success in the global business world.

The MiM program at IBS Ranepa is a two-year full-time program.

The MiM program at IBS Ranepa offers you the following specialization tracks:

  • International Finance
  • International Entrepreneurship
  • Alternative Marketing
  • DoubleDegree

You’ll be pursuing your MiM program in Moscow, Ranepa.

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

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