NOVA School of Business and Econ MiM: Detailed Review

Table of Content

90

Course Credits

3

Semesters

€15,650

Avg. Cost of Study

24

Months Duration 

€36,000

Avg. Salary

Introduction to MiM at NOVA SBE

The Nova SBE Master in Management program is a 3-semester program designed for students from any graduate background wishing to gain a management education. It is a highly customizable program allowing students to tailor their learning experience to their interests and professional goals.

In the first and second semesters, students take a mix of core courses in management fundamentals, areas of expertise, and electives. In the third semester, students complete their Master’s work project, which is equivalent to a Master’s thesis.

The Master’s work project is an opportunity for students to apply their knowledge and skills to a real-world problem. Students can choose to work on a project with a company, a non-profit organization, or a government agency.

The Nova SBE MiM is a highly competitive program that attracts students from all over the world. The program is known for its rigorous academics, its focus on practical learning, and its strong international orientation. Nova SBE is ranked among the top business schools in Europe and the world.

Why Study MiM at NOVA SBE?

15

FT Rankings

14

European Rank

40

QS Top MiM

There are many reasons why you should consider pursuing your MiM program at NOVA SBE including:

  • Solid business education and practical skills: The NOVA SBE MiM program provides you with a solid business education and develops the practical skills you need to succeed in the real world. The program covers a wide range of topics, including accounting, finance, marketing, operations, and strategy. 
  • International perspectives and real-world connection: Nova SBE is a top-ranked business school with a global reputation. The MiM program attracts students from all over the world, and many of the courses are taught in English. This allows you to learn from and network with students from different cultures and backgrounds. 
  • Personalized learning and career support: The NOVA SBE MiM program is designed to be personalized to your individual needs and goals. You will have the opportunity to choose from a wide range of elective courses, and you will receive personalized career support from Nova SBE’s Career Development Center.

In addition to the above, here are some other reasons why you should consider studying the MiM program at NOVA SBE:

  • Work alongside high-achieving students from over 35 nationalities: The NOVA SBE MiM program attracts high-achieving students from all over the world. This allows you to learn from and network with talented and motivated students from different cultures and backgrounds.
  • Benefit from the mentoring provided by Alumni working in top multinational organizations: NOVA SBE has a strong alumni network of over 30,000 graduates who work in top companies around the world. MiM students have the opportunity to be mentored by alumni who can provide them with valuable insights and advice on their careers.
  • A consistent professional education: The NOVA SBE MiM program is designed to provide you with a consistent professional education. The program covers a wide range of topics, and it is taught by experienced and qualified faculty members.

If you are looking for a challenging and rewarding Master in Management program, the NOVA SBE MiM is a great option to consider. The program will give you the skills and knowledge you need to succeed in your career and make a difference in the world.

Program Costs + Living Expenses : MiM at NOVA SBE

€11,900

Cost of Tuition

+

€3,750

Avg. Living Cost/Quarter

15,650

Avg. Cost of Study

The 2023/2024 academic year program cost for the Master in Management at NOVA SBE amounts to €11,900 for the Regular Track.

When it comes to living expenses in Lisbon, Portugal, they are subject to individual lifestyles and spending patterns. However, a monthly budget of approximately €1,000-€1,500 should cover various aspects of living, encompassing accommodation, food, transportation, and miscellaneous expenses.

Here’s a breakdown of typical expenses in Lisbon:

  • Accommodation: €500-€1,000 per month
  • Food: €200-€300 per month
  • Transportation: €50-€100 per month
  • Other expenses (e.g., phone bill, internet, entertainment): €100-€200 per month

Please bear in mind that these figures are rough estimates, and your actual expenses may deviate depending on your personal requirements and lifestyle.

You may visit the official website of NOVA SBE for more comprehensive details on fee structures for different track options available.

Employement Prospects : MiM at NOVA SBE

97%

Employed within 6 months of graduation

36,000

Avg. Salary

    Most Sought-after Jobs

Management consultant

Business analyst

Financial analyst

Investment banker

Marketing manager

Sales manager

Product manager

NOVA SBE MiM graduates have excellent employment prospects. According to the school’s most recent employment report, 97% of MiM graduates were employed within 6 months of their course completion. The average starting salary for MiM graduates is €36,000.

The top companies that hire NOVA SBE MiM graduates include:

  • McKinsey & Company
  • Boston Consulting Group
  • PwC
  • KPMG
  • Accenture
  • Google
  • Microsoft
  • Amazon

NOVA SBE MiM graduates are also highly sought-after by startups and small businesses. The school’s strong focus on entrepreneurship and innovation gives graduates the skills and knowledge they need to succeed in these environments.

Here are some of the factors that contribute to the high employment prospects of NOVA SBE MiM graduates:

  • Strong academic reputation: NOVA SBE is a top-ranked business school with a global reputation. This gives graduates a competitive edge in the job market.
  • Focus on practical skills: The NOVA SBE MiM program emphasizes practical learning through case studies, simulations, and group projects. This helps students to develop the skills they need to be successful in the real world.
  • Strong alumni network: NOVA SBE has a strong alumni network of over 30,000 graduates who work in top companies around the world. This gives students access to valuable resources and mentorship opportunities.

If you are looking for a Master in Management program that will give you the skills and knowledge you need to succeed in your career, the NOVA SBE MiM is a great option to consider.

Eligibility Criteria for MiM at NOVA SBE

The MiM program at NOVA SBE has a set of general eligibility criteria as well as specific criteria for admission and graduation.

General Eligibility Criteria

  • Recognition: NOVA SBE reserves the right to admit only applicants from accredited and/or recognized schools in their home countries.
  • Language: The official language of NOVA SBE is English. Therefore, NOVA SBE strongly recommends students to have the B2 (Upper Intermediate) English language proficiency before starting their studies. No Portuguese knowledge is necessary for life on campus.
  • Age: The MiM program is a pre-experience program and is aimed at candidates with an average of two years professional experience. The average age of current MiM students is 23-24 years old. Older candidates that fit the program’s profile will be considered. For an individual assessment of this eligibility criterion, candidates should directly contact the NOVA SBE Admissions Office.

Specific Eligibility Criteria

In addition to the general eligibility criteria, NOVA SBE also has specific criteria for admission and graduation from the MiM program. You may visit the official website of NOVA SBE for more information regarding the specific eligibility criteria.

NOVA SBE is a highly selective business school, and the MiM program is no exception. The admissions committee considers a variety of factors when making admissions decisions, including academic transcripts, GMAT/GRE scores, letters of recommendation, and personal essays.

Documents required : MiM at NOVA SBE

  • A passport-sized photo
  • A copy of your passport, ID card, or citizen’s card (front and back)
  • A CV in English
  • An official transcript of your academic grades in English
  • Your bachelor’s degree diploma (if available)*
  • A one-page essay in English
  • An English language certificate at a minimum level of B2 (optional but highly recommended)
  • Any other documents in English that you think may enrich your application, such as a reference letter, language certificates, or GMAT/GRE scores
  • A copy of your application fee payment receipt (€51)

*If your diploma is not in Portuguese or English, you must attach the diploma supplement or the official transcript of records in English with your entire academic background: degree, final GPA, and graduation date.

If your diploma or certificate does not have the above-mentioned elements, you must send either the Diploma Supplement or the Official Transcript of records in English or a certified translation of the diploma/certificate.

Application Deadlines - MiM at NOVA SBE

ProgramDeadlineIntake
Master in Management

05/01/2023 – 19/05/2023

*applications for this program are now closed*

Spring

Things to take care of while applying:

  • It is only allowed one application per intake.
  • Acceptance answers will be given by email within a maximum of eight weeks, starting from application’s submission;
  • For correct use of the application platform, during the application period, we recommend the use of Google Chrome browser;
  • It is also recommended to read the online guide to support the application platform, available in the form for the same purpose;
  • Enrolments’ confirmation will be subject to the presentation of an official bachelor’s graduation certificate within the first month of classes.

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Scholarships Available : MiM at NOVA SBE

Nova SBE offers a variety of scholarships to Master in Management students. Scholarships are awarded based on a variety of factors, including academic merit, financial need, and diversity.

Here is a brief overview of some of the scholarships available to MiM students:

  • Merit Scholarships: Merit scholarships are awarded to students with high academic achievement.
  • Social Mobility Scholarships: Social mobility scholarships are awarded to students from low-income backgrounds.
  • Diversity Scholarships: Diversity scholarships are awarded to students from underrepresented groups.
  • Corporate Scholarships: Corporate scholarships are funded by companies and organizations that support Nova SBE and the MiM program.
  • Alumni Scholarships: Alumni scholarships are funded by Nova SBE alumni.

For more information on the specific scholarships available to MiM students, please visit the Nova SBE website.

Other Funding Options

In addition to scholarships, there are several other funding options available to MiM students, including:

  • Government funds: Government funds are available to students who meet certain eligibility requirements.
  • Payment plans: Nova SBE offers payment plans to students who need to spread out the cost of their tuition over time.
  • Private sources: Private sources of funding include family savings, student loans, and private scholarships.
  • Bank and private loans: Banks and private lenders offer student loans to students who meet certain eligibility requirements.

Here are some of the scholarships you should be aware of:

Specializations & Electives Offered

NOVA SBE offers a MiM program with a wide range of specializations and electives to choose from. This allows students to tailor their education to their specific interests and career goals.

Specializations

Nova SBE offers the following specializations for the MiM program:

  • Hospitality & Customer Experience, in partnership with Westmont Hospitality Group
  • Sustainability
  • Accounting and auditing
  • Business and data analytics
  • Digital Business
  • Financial management
  • Marketing
  • Operations management
  • Sports Management
  • Strategy and international business

Electives

Nova SBE offers a wide range of electives i.e., almost 20+ electives for the MiM program. For a complete list of electives, you may visit the official website of NOVA SBE.

Skills Accelerator Modules

Apart from the specializations and electives, NOVA SBE also offers The Skills Accelerator program that helps students develop the skills they need to succeed in the workplace. The Skills Accelerator is composed of four areas:

  • Personal and Professional Development
  • Data Analytics
  • Communication
  • Programming

Students must complete one module in each area of the Skills Accelerator.

FAQs About MiM at NOVA SBE

For Portuguese and EU students, you can calculate your admission grade according to the following formula: National Mathematics A Exam or approved equivalent (worth 50 %) + Final High School grade (worth the remaining 50 %). The minimum admission grade is 13.5.

No. You should wait for the decision and pay the tuition fee after receiving the scholarship. Nevertheless, you will have to present proof of your application to the SAS scholarship.

No. Nova SBE doesn’t offer this possibility. 

During the 1st year, students will do an English assessment test so that their abilities can improve even further if needed. This test is free of charge. Alternatively, they can present an official English certificate.

Nova SBE has a daytime schedule, Monday to Friday from 8 a.m. to 8 p.m. The timetable for 1st-year students is assigned by Nova SBE, and there are no classes on Friday. During the following years, you can change classes and subjects and customize your schedule.

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