Avg. Cost of Study
QS Top MBA
Studying at the Louvain School of Management (LSM) for the Master’s in International Management (MIM) offers several compelling reasons:
Global Excellence: LSM is renowned for its academic excellence and is consistently ranked among the top business schools in Europe. By choosing LSM, you access a world-class education.
CEMS Membership: LSM is a proud member of the CEMS Alliance, a global network of leading business schools, multinational corporations, and NGOs. This membership provides unique opportunities for international exposure, networking, and career development.
International Perspective: The CEMS MIM program at LSM places a strong emphasis on international experiences. You’ll complete an exchange semester at a CEMS member school, participate in an integrated international internship, and engage in multicultural projects, fostering a global mindset.
Ethical Leadership: LSM values ethics in business and prepares responsible leaders committed to making a positive impact on society. This ethical foundation is a core part of the program.
Diverse Student Body: You’ll be part of a diverse student community, learning from and alongside peers from various cultural backgrounds, enhancing your cross-cultural understanding and collaboration skills.
Career Opportunities: Graduates of the CEMS MIM program at LSM are highly sought after by international employers. The program’s strong corporate connections and career support services open doors to exciting career opportunities worldwide.
Financial Support: LSM provides information about mobility grants and study allowances to help manage the costs associated with international mobility, ensuring that financial constraints do not hinder your global learning experience.
Language Proficiency: The program requires competency in three languages, including English. This language proficiency enhances your communication skills and employability in the global job market.
Avg. Cost of Tuition/Year
Avg. Living Cost/Quarter
The cost of studying at the Louvain School of Management (LSM) for the Master’s in International Management (MIM) program can vary depending on several factors, including your nationality, the specific program you’re enrolled in, and any financial aid or scholarships you may receive. Here’s an overview of the key cost components:
Tuition Fees: The tuition fees at LSM differ for Belgian/EU students and non-EU students. As of the information provided, the standard tuition fee for the 2-year CEMS MIM Master is 853€ per year for Belgian/EU students. For non-EU students, tuition fees are typically higher. It’s essential to check the most up-to-date tuition fee information on LSM’s official website or contact the school’s admissions office for accurate figures.
Additional Fees: There may be additional fees associated with the CEMS MIM program, such as administrative fees, registration fees, or fees for specific activities or seminars. These fees can vary, so it’s advisable to review the program’s documentation or contact LSM for detailed information.
Living Expenses: Your cost of living will depend on your lifestyle, accommodation choices, and personal spending habits. Louvain-la-Neuve, where LSM is located, is in Belgium, and the cost of living there can be moderate compared to some other European cities.
Financial Aid and Scholarships: LSM may offer financial aid or scholarships to eligible students. The availability and criteria for these financial support options can vary, so it’s crucial to explore scholarship opportunities and apply for any for which you qualify.
Mobility Grants: As mentioned earlier, mobility grants are available to help co-fund the additional costs of international mobility, including study abroad components of the program. The monthly rates for these grants can range from 200€ to 550€, depending on the country of your mobility.
Study Allowances: There are study allowances of 5,000€ each offered by McKinsey and the Chaire Internationale Christiane et Jacques Berghmans to eligible CEMS first-year students with scholarships from the French Community of Belgium or UCLouvain. These allowances are intended to cover extra costs related to the program.
Graduates of the Louvain School of Management’s Master’s in International Management (MIM) program, particularly the CEMS MIM, typically enjoy strong employment prospects due to the program’s prestigious reputation, international exposure, and focus on ethics and leadership. Here are some key factors that contribute to employment prospects for LSM MIM graduates:
Global Network: The CEMS MIM program is part of a global network of leading business schools, multinational corporations, and NGOs. Graduates benefit from an extensive alumni network and connections with top employers worldwide.
International Experience: The program’s emphasis on international experiences, including exchange semesters and internships, equips graduates with a global mindset and valuable cross-cultural skills that are highly sought after by employers in an increasingly globalized business world.
Ethical Leadership: LSM places a strong emphasis on ethics in business and prepares graduates to be responsible leaders. This ethical foundation is attractive to employers who value corporate social responsibility and ethical leadership.
Corporate Partnerships: CEMS has strong partnerships with leading multinational corporations, which often provide opportunities for internships, business projects, and even job placements for graduates. These connections can be invaluable for career advancement.
Language Proficiency: Graduates of the program are proficient in multiple languages, including English, which is a significant advantage in today’s international job market.
Career Services: LSM typically provides robust career services and support for students and alumni. This includes career counseling, job placement assistance, and access to job postings from CEMS corporate partners.
Strong Job Market: Belgium and Europe, in general, have a strong job market for business graduates. The European Union is home to numerous multinational companies and organizations, creating diverse employment opportunities.
Diverse Skill Set: The CEMS MIM program equips graduates with a wide range of skills, including leadership, problem-solving, cross-cultural communication, and project management. These skills are transferable to various industries and roles.
Financial Support: Scholarships, study allowances, and mobility grants can help reduce the financial burden of the program and enable graduates to focus on their careers without excessive student debt.
The eligibility criteria for the Master’s in International Management (MIM) program at the Louvain School of Management (LSM) may vary depending on the specific program or track within the MIM. To provide you with the most accurate information, I would recommend checking LSM’s official website or contacting their admissions office directly for the most up-to-date and detailed eligibility requirements. However, I can provide you with a general idea of typical eligibility criteria for MIM programs at many institutions, including LSM:
Letters of Recommendation:
Statement of Purpose or Personal Statement:
Visa and Immigration Requirements:
Application Form: Complete the online application form provided by LSM. Ensure that all sections are accurately and fully filled out.
Academic Transcripts: Provide transcripts from your undergraduate studies. These should include details of courses taken and grades received. Some programs may require transcripts to be officially translated into English or the language of instruction.
Bachelor’s Degree Certificate: Submit a copy of your bachelor’s degree certificate or proof of degree completion. This should confirm that you have successfully earned your undergraduate degree.
Letters of Recommendation: Typically, you’ll need to provide two to three letters of recommendation from academic or professional references who can speak to your qualifications and potential for success in the MIM program.
Statement of Purpose or Personal Statement: Write a statement of purpose or personal statement explaining your motivation for pursuing the MIM program, your career goals, and why you want to study at LSM.
Wondering if you can target this school?
Join our live workshop
Get all your profile related questions answered.
Louvain Incentive scholarships
With a view to sustain and promote incoming mobility, Louvain School of Engineering has created some specific scholarships, for international students willing to come and study in our school in the frame of an exchange programme during one semester or a full academic year.
On a yearly basis, 4 scholarships, for an amount of 750€ each, will be distributed to exchange students from our partner institutions.
Entry requirements to apply for this scholarship are the following:
The timeframe to apply for this scholarship is aligned on the timeframe for incoming exchange students application process.
The CEMS MIM is a unique and highly regarded international management program offered by LSM. It stands out from other MIM programs due to its global network of partner institutions, emphasis on international exposure, and strong focus on ethics in business. Graduates of the CEMS MIM program receive two degrees, one from LSM and one from a CEMS partner school, making it a distinctive and prestigious qualification.
Typically, no previous work experience is required to apply for the MIM program at LSM. However, candidates with relevant work experience may find their experiences beneficial when applying and during the program.
LSM may offer scholarships and study allowances to eligible students. These financial aid options are intended to support students in managing the costs associated with their studies. It’s advisable to check LSM’s official website or contact their admissions office for details on available scholarships and application procedures.
The language of instruction for the MIM program at LSM is typically English. Proficiency in English is essential for non-native speakers, and applicants may need to provide proof of English language proficiency through standardized tests like TOEFL or IELTS.
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
GMAT / GRE Score
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.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.