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Ameer Khatri MBA Consultant

University of Victoria: Gustavson MIM

31/10/2023

NA

Course Credits

2

Semesters

$47K

Avg. Cost of Study

12

Months Duration 

NA

Avg. Salary

Summary

Introduction to University of Victoria MIM

The University of Victoria’s Master in Management (MIM) program offers a transformative educational experience designed for graduates with non-business backgrounds. This immersive 12-month program empowers students to harness their existing knowledge while delving into the intricacies of thriving in complex, multifaceted environments. The curriculum focuses on problem-solving, sustainable business practices, and global experiences, enhancing students’ adaptability in today’s dynamic job market.

UVic’s MIM program goes beyond traditional classroom learning, incorporating hands-on support, professional mentorship, and a mandatory work experience component. With a mission to foster viable career options and real-world connections, this program equips graduates with valuable skills and insights to excel in diverse industries.

The Gustavson Mentor Program further enriches the learning experience by facilitating one-on-one connections with seasoned business professionals. Whether you are charting a new career path or seeking to enhance your existing skill set, UVic’s MIM program provides a comprehensive foundation for success in a rapidly evolving business landscape.

Why Study University of Victoria MIM ?

76

FT Rankings

NA

US News

NA

QS Top MBA

Studying the University of Victoria’s Master in Management (MIM) program offers several compelling reasons:

  1. Diverse Backgrounds Welcome: UVic’s MIM program is designed for graduates with non-business degrees, making it an inclusive choice for those from various academic backgrounds.

  2. Career Transformation: It provides a clear pathway for graduates to transition into the business world, equipping them with the necessary knowledge and skills to excel in today’s competitive job market.

  3. Immersive Global Experience: The program includes an immersive global experience, allowing students to gain real-world international exposure and prepare for a successful global career.

  4. Career Support: UVic’s dedicated career preparation training, mentorship programs, and mandatory work experience ensure that graduates are well-prepared for their professional journeys.

  5. Sustainability Focus: The program integrates a sustainable lens into business education, emphasizing responsible and ethical business practices.

  6. Networking Opportunities: Through the Gustavson Mentor Program and connections with the business community, students can build valuable networks that extend beyond graduation.

  7. Hands-On Learning: UVic’s MIM program emphasizes practical learning, helping students apply their knowledge and skills to real-world situations.

  8. Responsive Curriculum: The program adapts to the evolving demands of the job market, ensuring that graduates are equipped with relevant and up-to-date skills.

  9. Supportive Environment: UVic’s commitment to providing support throughout the program ensures that students receive the guidance and resources they need to succeed.

Program Costs + Living Expenses : University of Victoria MIM

$47,821

Avg. Cost of Tuition/Year

+ 

NA

Avg. Living Cost/Quarter

The cost of the University of Victoria’s Master in Management (MIM) program includes tuition and various fees, but it’s important to also consider living expenses when budgeting for your education. Here’s an overview of the program costs and estimated living expenses:

Program Costs (for Canadian citizens and permanent residents):

  • Tuition: $26,009.94
  • Program Fee: $3,641.37
  • Co-op Fee: $776.20
  • Graduate Student Society Fee: $236.44
  • International Experience (estimate): $6,000.00 (Note: This fee does not include accommodation and travel expenses and depends on the country visited.)
  • Athletics and Recreation Fee: $220.70
  • Universal Bus Pass: $243.00
  • Extended Health Care Plan*: $409.00
  • Dental Plan*: $284.55
  • Total: $37,821.20 (These costs are in Canadian currency and subject to change.)

Program Costs (for International students):

  • Tuition: $33,812.94
  • Program Fee: $5,201.97
  • Co-op Fee: $976.27
  • Graduate Student Society Fee: $236.44
  • International Experience (estimate): $6,000.00 (Note: This fee does not include accommodation and travel expenses and depends on the country visited.)
  • Athletics and Recreation Fee: $220.70
  • Universal Bus Pass: $243.00
  • Extended Health Care Plan*: $409.00
  • Dental Plan*: $284.55
  • Mandatory Temporary Medical Insurance**: $265.00
  • Total: $47,649.87 (These costs are in Canadian currency and subject to change.)

Living Expenses: Living expenses can vary widely depending on your lifestyle and choices. Some of the common living expenses to consider include:

  • Accommodation (rent or on-campus housing)
  • Food and groceries
  • Transportation
  • Health insurance (if not covered by the university)
  • Books and course materials
  • Personal expenses and entertainment

It’s essential to create a budget that takes into account both your program costs and living expenses to ensure that you can comfortably cover all your financial needs while pursuing your MIM degree at the University of Victoria.

*Please note that some fees may be optional or have opt-out options. Check with the Graduate Students’ Society for details.

The Mandatory Temporary Medical Insurance is for international students new to Canada.

Remember that these costs are subject to change, so it’s a good practice to verify the most up-to-date figures and explore any available financial aid or scholarship options to help offset your expenses.

Employement Prospects : University of Victoria MIM

The University of Victoria’s Master in Management (MIM) program is designed to equip graduates, particularly those with non-business backgrounds, with the knowledge and skills necessary for successful careers in management and related fields. While individual employment prospects can vary based on factors such as the job market and personal career goals, completing the MIM program can open up several employment opportunities. Here are some potential employment prospects:

  1. Entry-Level Management Positions: Graduates can pursue entry-level management roles in various industries, including marketing, finance, operations, and human resources. These positions often include titles such as management trainee, assistant manager, or analyst.

  2. Business Analyst: MIM graduates are equipped with analytical skills that make them suitable candidates for business analyst roles. They can analyze data, identify trends, and make data-driven recommendations to improve business operations.

  3. Consulting: Management consulting firms often seek candidates with strong problem-solving abilities and a diverse skill set. MIM graduates can work as consultants, helping organizations solve complex business challenges.

  4. Entrepreneurship: Some graduates may choose to start their own businesses or join startup ventures. The program’s focus on innovation and entrepreneurship can prepare them for entrepreneurial endeavors.

  5. International Opportunities: The MIM program’s emphasis on global experiences and cultural awareness can be valuable for graduates interested in international careers, such as global project managers or international business development roles.

  6. Further Education: Some graduates may choose to pursue further education, such as an MBA or specialized master’s degree, to deepen their expertise in a specific area or industry.

  7. Networking Opportunities: The program provides opportunities for students to connect with the business community through mentorship programs and industry partnerships, potentially leading to job referrals and opportunities.

  8. Sustainable Business Careers: Given the program’s focus on sustainability, graduates can seek employment in organizations dedicated to environmentally and socially responsible business practices.

Eligibility Criteria for University of Victoria MIM

The eligibility criteria for the University of Victoria’s Master in Management (MIM) program may vary slightly from year to year, so it’s essential to refer to the official program website and admission requirements for the most up-to-date information. However, as of my last knowledge update in September 2021, here are the general eligibility criteria:

  1. Educational Background:

    • You should hold a four-year baccalaureate degree (or equivalent) from a recognized institution. This degree should typically be in a non-business discipline as the MIM program is designed for graduates with non-business backgrounds.

  2. Academic Performance:

    • You should have a strong academic record, typically with a grade point average (GPA) of at least “B” calculated using the last two years of your bachelor’s degree.

  3. Business Prerequisite Courses:

    • You may be required to complete five business prerequisite courses, typically with a minimum grade of “B-” in each. These courses are often related to foundational business concepts and may include subjects like accounting, economics, finance, marketing, and management.

  4. Work Experience:

    • While formal work experience is not always a requirement for eligibility, any post-graduation work experience, internships, co-op placements, or other relevant experiences may be taken into consideration during the admission process.

  5. English Language Proficiency:

    • International applicants whose native language is not English may need to demonstrate English language proficiency through standardized tests like TOEFL or IELTS, unless they have completed a degree at an institution where English is the primary language of instruction.

  6. GMAT/GRE Scores (Not Required):

    • As of my last knowledge update, GMAT or GRE scores were not typically required for admission to the MIM program. However, this requirement can change, so it’s important to verify whether these test scores are currently required.

  7. Maximum Work Experience Limit:

    • The MIM program is typically designed for recent graduates with limited post-graduation work experience. There may be a maximum limit, often around 24 months, for full-time post-graduation work experience.

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FAQs About University of Victoria MIM

This question typically provides an overview of the program’s focus and target audience, emphasizing that it’s designed for graduates with non-business backgrounds.

This FAQ typically outlines the steps to apply, including creating an application account, submitting transcripts, providing references, and the application deadline.

This question covers scholarships, grants, loans, and other financial aid options, including information on how to apply for these opportunities.

This FAQ provides an overview of the program’s length, curriculum, and any special features, such as internships or global experiences.

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

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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. 

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Step 3

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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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