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Lancaster University MIM Overview

25/01/2024

NA

Avg. GMAT

NA

Work Experience

£49K

Avg. Cost of Study

12

Months Duration 

NA

Avg. Salary

Summary

Introduction to Lancaster University MIM

Employers need managers who can navigate the complexities of business and show global awareness. Our MSc in Management (MiM) will equip you with these key skills and a range of management techniques to prepare you for a successful career.

This programme is for graduates of all backgrounds who want to kick-start their management careers and achieve an industry-standard level in management studies. It has been developed by Lancaster University Management School (LUMS) through a co-design approach – reviewed each year by students, alumni and business representatives to ensure continuous improvement and absolute relevance.

A key part of the MSc Management (MiM) is nurturing your professional and career development. A dedicated careers adviser will help you to create a personalised career plan and you will be invited to attend employer events and access our global network of LUMS alumni.

Why Study Lancaster University MIM?

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FT Rankings

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US News

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QS Ranking

Strong foundation: Gain a broad understanding of key management areas like finance, accounting, and organizational behavior.

Globally recognized: Benefit from a program at a triple-crown accredited business school with a strong reputation.

Diverse and enriching: Interact with students from around the world and learn from faculty with real-world experience.

Career-focused: Get personalized career support, attend industry events, and network with top employers.

Fast-paced and intensive: Develop strong decision-making and working knowledge in a dynamic learning environment.

Internationally ranked: The program consistently ranks well in various global business school rankings.

Program Costs + Living Expenses : Lancaster University MIM

£31,500

Avg. Cost of Tuition

+ 

£17,904

Avg. Living Cost

49,404

Avg. Cost of Study

ItemCost(per month)
Off-Campus Accommodation£680
On-Campus Accommodation£708
Transportation£60
Food£476
Utility£160
Entertainment£26
Groceries£32
Clothes£30
Total Cost of Living with Off-Campus Accommodation(Per Month)£1,464
Total Cost of Living with On-Campus Accommodation(Per Month)£1,492

Employement Prospects : Lancaster University MIM

Each year the mix of final destinations will vary, reflecting the different interests and aspirations of the students within the class. Companies who recruited our graduates recently include Dow Chemicals, Ernst & Young, Deloitte, KPMG, BAE Systems, Marks and Spencer, Nissan, Philips, Nielsen and Bank of China. A small number of students go on to further study, some taking up the opportunities offered within our study abroad programme, and others choose to set up their own business, based on ideas developed during their studies. 

Eligibility Criteria for Lancaster University MIM

Academic Requirements

2:2 Hons degree (UK or equivalent) in any subject. They are looking for marks consistently at 2:2 level throughout your undergraduate studies.

If you have studied outside of the UK, they would advise you to check their list of international qualifications before submitting your application. Please be aware that the international qualifications page shows the equivalent grade for a 2:1. If you would like guidance on a 2:2 equivalent grade for this programme, please contact [email protected]

Additional Requirements

Applicants should have no more than two years’ work experience prior to starting the course.

English Language Requirements

They may ask you to provide a recognised English language qualification, dependent upon your nationality and where you have studied previously.

They normally require an IELTS (Academic) Test with an overall score of at least 6.5, and a minimum of 6.0 in each element of the test. They also consider other English language qualifications.

If your score is below their requirements, you may be eligible for one of our pre-sessional English language programmes.

Documents required : Lancaster University MIM

When you have completed and submitted the application form, they will determine the documents that they need to assess your application based on your provided information. This will be available shortly after submission in the supporting document section of your application. 

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Scholarships Available : Lancaster University MIM

International students

Your qualificationsProgramme cost without scholarshipManagement School ScholarshipLancaster Global ScholarshipTotal Scholarship amountYou pay
1st class degree£31,500£8,300£5,000£13,300£18,200
2:1 degree£31,500£5,000£5,000£26,500
2:2 degree£31,500£3,000£3,000£28,500

Home students

Your qualificationsProgramme cost without scholarshipScholarship amountYou pay
1st class degree£15,650£5,000£10,650
2:1 degree£15,650£5,000£10,650

FAQs About MIM

The MIM is a full-time, 12-month program divided into three trimesters, combining core courses, electives, and a capstone project or internship.

Core courses cover essential management principles, quantitative methods, financial analysis, marketing, leadership, and organizational behavior.

Yes, an optional internship allows you to gain practical experience in a relevant organization. The university supports you in finding suitable placements.

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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