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Ameer Khatri MBA Consultant

MiM in Europe

11/07/2023

670

Avg. GMAT

25

Avg. Age

€ 50K

Avg. Cost of Study

24

Months Duration 

€ 95K

Avg. Salary

Summary

Introduction to MiM in Europe

Students have an outstanding opportunity to develop a thorough understanding of management principles and get ready for leadership roles in a variety of industries through the Master in Management (MiM) programs offered in Europe. European business schools, renowned for their academic brilliance and global acclaim, offer a rich and diverse learning environment.

 The MiM programs in Europe place a strong emphasis on a multidisciplinary approach, fusing academic theory with real-world application, and developing students’ capacity for critical thought, problem-solving, and decision-making. Pursuing a MiM in Europe provides doors to intriguing job options and a useful professional network because Europe is a centre of global commerce and innovation.

Why Study MiM in Europe?

There is a rapid increase in the number of international candidates for MIM courses in Europe. Let’s first discuss the benefits of taking MIM courses in Europe before moving on to MIM Europe:

  • Europe is a favourite location for MIM PROGRAMs because the MIM PROGRAM first started in the UK, making Europe the first place that springs to mind for any foreign student seeking for a MIM overseas.
  • Top universities’ central hub: Top MIM You can study at some of the best universities in Europe. Prestigious rankings like the QS World Rankings, THE World Rankings, Financial Times Rankings, etc. rank and recognise the majority of universities.
  • MIM is less expensive than an MBA because it lasts for a shorter period of time compared to an MBA in Europe, it is far less expensive. The cost of a MIM is between 10,000 and 20,000 euros, but an MBA is between 30,000 and 45,000 euros.

Excellent career prospects: Since Europe has become a popular location for MIM students, it is clear that it provides them with excellent professional options and a bright future.

Eligibility Criteria : MiM In Europe

Academic Background

A bachelor’s degree in business administration or a related discipline is required for international students. This makes it easier to enrol in a MIM course.

Test results for English language proficiency

For admission to the top MIM PROGRAMs in Europe, a strong score on the English Proficiency test is required. However, you must confirm which colleges in Europe accept the test results listed below:

  • TOEFL iBT-90 to 100
  • IELTS: 5.5 to 6.5 PTE: 50 to 60
  • Experience at Work

While few European colleges demand job experience, a few do for the MIM PROGRAM, requiring at least two to three years of practical experience.

  • Standardised tests

While GMAT scores are required by the majority of European business schools to apply for the MIM PROGRAM, a select few prestigious foundations accept GRE results. It’s a decent

It would be a good idea to confirm with the college you are applying to whether MIM without GMAT in Europe is an option.

Permits and passports

All overseas students who want to study MIM in Europe must have a passport that is currently valid and a study visa that was issued three months prior.

Documents required : MiM in Europe

There are a few MIM in Europe prerequisites that must be provided for the admissions process in order to be admitted to a master in management PROGRAM in Europe. The documents listed here are:

  • A photocopy of your official identification documents
  • Your curriculum vitae.
  • Letter of motivation
  • SOP
  • Academic Transcripts
  • GMAT/GRE score report (if applicable).
  • Documentation proving financial support.
  • A TOEFL or IELTS scorecard.
  • Proof of proficiency in any other foreign language required for the CEMS MIM program

Program Costs + Living Expenses : MiM in Europe

35,000

Avg. Cost of living

35,000

Avg. Living Cost

50,000

Avg. Cost of Study

  • Tuition fees: Tuition fees for MiM programs in Europe vary depending on the country, university, and the program itself. The cost of tuition fees is the largest expense for most students. In general, you can expect to pay EUR€10,000-EUR€40,000 per year for a MiM program in Europe.
  • Accommodation: The cost of accommodation for MiM students in Europe varies depending on the city, the type of accommodation, and the number of roommates. The average cost of accommodation for MiM students in Europe is EUR€500-EUR€1,000 per month.
  • Miscellaneous expenses: The miscellaneous expenses for MiM students in Europe vary depending on the student’s lifestyle and spending habits. The average cost of miscellaneous expenses for MiM students in Europe is EUR€500-EUR€1,000 per month.
  • Total: The total cost of studying MiM in Europe varies depending on the country, university, and the program itself. However, you can expect to pay between EUR€20,000 and EUR€50,000 per year for a MiM program in Europe.

Scholarships Available : MiM in Europe

  1. Fulbright Schuman Scholarship: This scholarship is a joint initiative between the U.S. government and the European Commission. It aims to support American students who wish to pursue a master’s degree in management in Europe. The scholarship covers tuition fees, living expenses, and travel costs, providing a comprehensive financial support package.

  2. Chevening Scholarship: Offered by the British government, the Chevening Scholarship is open to international students who want to pursue a master’s degree in the United Kingdom. The scholarship covers tuition fees, living expenses, and even includes a return flight to the UK, making it an attractive opportunity for students worldwide.

  3. Erasmus Mundus Scholarships: The Erasmus Mundus program provides scholarships for students from around the world to pursue a master’s degree in various disciplines across Europe. These scholarships cover tuition fees, living expenses, and travel costs, allowing students to experience education in multiple European countries.

  4. HEC Paris MBA Scholarships: HEC Paris offers a range of scholarships to international students aiming to pursue an MBA program. These scholarships cover tuition fees, living expenses, and travel costs, supporting students in their pursuit of advanced business education.

  5. INSEAD MBA Scholarships: INSEAD, a renowned business school, offers scholarships to international students interested in pursuing an MBA program. Like the HEC Paris scholarships, these awards cover tuition fees, living expenses, and travel costs to assist students in achieving their academic and professional goals.

Career Prospects : MiM in Europe

91%

Employed within 3 months of graduation

90-100K

Avg. Salary

Most sought after Jobs

 HR Manager

PR Manager

          Business Development Manager

Sales Manager

Completing a Master in Management (MiM) degree from Europe can offer a promising array of job prospects and career opportunities. The specific opportunities may vary based on factors such as the reputation of the university, the country you studied in, your specialization, your skills, and your efforts. However, MiM graduates tend to be well-prepared for a variety of roles in different industries. Here are some potential job prospects and industries you might consider:

  1. Consulting: Many MiM graduates find opportunities in consulting firms, where their analytical and problem-solving skills are highly valued. They might work as management consultants, strategy analysts, or business advisors.

  2. Finance: Graduates with a MiM degree often enter the finance sector, working in roles such as financial analyst, investment banker, or risk manager.

  3. Marketing and Sales: MiM graduates can pursue careers in marketing and sales, working as marketing managers, brand managers, market analysts, or sales executives.

  4. Operations and Supply Chain Management: The skills gained in a MiM program can be valuable in operations management, supply chain management, and logistics roles.

  5. Entrepreneurship: Some MiM graduates may choose to start their businesses or join startups, leveraging their management knowledge to navigate the challenges of entrepreneurship.

  6. Human Resources: Graduates may work in HR departments as human resource managers, talent acquisition specialists, or organizational development consultants.

  7. Technology and IT: With the increasing intersection of business and technology, MiM graduates might find roles in IT consulting, project management, or business analysis.

  8. General Management: MiM programs provide a well-rounded business education, making graduates suitable for general management roles in various industries.

Visa & Stay Prospects : MiM in Europe

Criteria and eligibility:

To be eligible for a student visa in Europe to study a master’s degree, you must meet the following criteria:

  • Be enrolled in a full-time master’s degree program at a European education provider.
  • Have a valid passport and visa.
  • Have sufficient financial resources to support yourself during your studies.
  • Have a clean criminal record.

The specific requirements for financial resources may vary depending on the length of your course and your personal circumstances. However, you will generally need to show that you have enough money to cover your tuition fees, living expenses, and travel costs.

Cost:

The cost of a student visa in Europe varies depending on the country and the length of your course. However, you can expect to pay around EUR€75-100 for a student visa application. You will also need to pay a visa application charge of EUR€35-80.

In addition to the visa application fees, you will also need to pay tuition fees for your master’s degree program. Tuition fees vary depending on the university and the course you are studying. However, you can expect to pay between EUR€10,000 and EUR€40,000 per year for a master’s degree in Europe.

Guidelines:

The application process for a student visa in Europe can be found on the website of the relevant embassy or consulate. The application must be submitted at least three months before the start of your course.

The application process includes the following steps:

  1. Complete the online visa application form.
  2. Pay the visa application fees.
  3. Submit your supporting documents, such as your passport, academic transcripts, and financial evidence.
  4. Attend a visa interview, if required.

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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.

What Our Client Say

FAQs about MiM in Europe

Admission requirements vary by university, but they generally include a bachelor’s degree, letters of recommendation, a statement of purpose, standardized test scores (such as the GMAT or GRE), and sometimes work experience or interviews.

Many MiM programs in Europe are taught in English to accommodate international students. Proficiency in English is often required for admission.

You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).

While MiM programs are primarily designed for those seeking entry into the workforce, some graduates may choose to pursue further education, such as a Ph.D. or other advanced degrees.

What Can We Do For You?

Profile Evaluation

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Application Prep

We help guide our clients through the entire application journey

Interview Prep

Need Help with your Interview Prep? We got you covered via mock interviews

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