France is an attractive option for further studies due to its welcoming culture, great food, irreplaceable wine and cheese and irresistible music, people, language and last but not the least, the Eiffel Tower. In addition to the above, France has 1200+ study programs delivered in English, low fees and also the longest stay back, making it a great study destination for international students.
Master in Management (MIM) is a cost-effective alternative to the MBA degree and is the most sought after course in Europe, where it originated. Based on research conducted by the Graduate Management Admission Council (GMAC) in 2019, when the MBA demand was flat, MIM programs around the world experienced a 3% growth in applications.
The MIM degree is designed for undergraduates fresh out of college with less or no work experience and covers a range of business topics and general business principles.
Top 5 MIMs in France
MIM has gained popularity in recent times due to its low tuition fees, eligibility criteria of a completed Bachelor’s degree and proven proficiency of French or English language. France boasts of housing three out of five top business schools namely, HEC Paris, ESSEC Business School and ESCP Europe. The best business schools offering MIM degrees in France are:
1. HEC Paris School of Management/ Grande Ecole Program (MIM):
The MIM covers a variety of courses such as Corporate Finance, Finance, Cost Analysis, Marketing, Business Performance and more.
2. ESSEC Business School:
This school offers the opportunity to study in Asia or Europe during the first year of your program. The syllabus covers a broad range of courses like Business Economics, Accounting, Finance, Operations Management, Marketing, etc.
3. ESCP Europe Business School:
The study program at this business school can be customized by selecting from a wide variety of elective courses. MIMs specialize in Marketing, Entrepreneurship and International Business.
4. CEMS Global Alliance:
The CEMS Master’s in International Management is offered across 32 business schools over the world, including France. The CEMS MIM aims to educate global citizens and train them to become international business leaders after this cross-cultural program.
5. SKEMA Business School:
This school offers you a chance of 1-2 years of work experience in a global company in France or abroad. The multi-campus program includes a variety of learning methods and specializations along with the option of e-learning and m-learning teaching.
- Applicants should have a bachelor’s degree of at least three years in any field of studies like social sciences, sciences, engineering, arts, etc.
- GMAT/GRE score or other standardized test scores in order to evaluate the applicants on a common baseline. The ‘safe’ GMAT score should be above 650 for applying to an MIM program in France’s top business schools.
- A TOEFL/IELTS score to prove English language proficiency for international students.
- French language proficiency is not an admission criterion.
- Professional experience requirement is not compulsory and could be less or none at all.
The total tuition cost of MIM program is approximately 45,000 EUR for international students. The living costs depend on your lifestyle and the city where you stay. They fall in the range of 600 to 1,800 EUR per month.
Future Job Prospects
Based on a survey conducted by GMAC, the hiring projections have seen a boost from 49% in 2012 to 59% in 2017. Continent-wise the demand is subdued in the US with 49% hiring prospects, while it is 86% in the Asia-Pacific region, 76% in Latin-America and 74% in Europe. The trend is rising steadily over the years and expected to go up further in the coming years.
Another positive outcome is larger companies, with more than 1000 employees, are more likely to hire MIM graduates, with 73% chance as compared to 36% chance by smaller companies.
MIM graduates from top business schools can rake in up to $110,000 a year based on a survey by Financial Times.
In order to apply for a France student visa, the student must provide proof of the following documents to the French Consulate in your home country:
- Official acceptance letter from a French institute into an accredited program
- Adequate funds available to support living in the country
- Proof of a return ticket to your home country
- Proof of accommodation
- Medical insurance proof
MIM programs at top-ranked business schools in France offer a chance to gain valuable business and management knowledge and skills. The attractive job prospects and low tuition costs as compared to MBA is helping MIM gain more popularity among international students wanting to study in France.
At Jamboree, we have helped many students get admission into top French B-schools like HEC Paris, ESSEC, SKEMA, Rennes and more. Call our expert counselors for a free 15-minute session and they will chart out a personalized admissions roadmap that can help you reach your dream MIM program in France.