Why Masters in Management are the Best Alternative to an MBA

xysoom · 2021-04-05 05:05:01

A Master in Management, or MIM, is a postgraduate programme that provides advanced general management knowledge for Business Bachelor’s graduates, whether they have studied Business before or not. You will graduate a MIM programme with either a Master of Science (M.Sc) or a Master of Arts (M.A.) degree.To get more news about master Degree in Management, you can visit acem.sjtu.edu.cn official website.

Management degrees were mainly created as a cheaper alternative and they are often considered the precursor of MBA (Master of Business Administration) degrees, providing introductory knowledge on entrepreneurship and leadership. So why should you study a Master’s in Management vs. an MBA degree?
A Master’s in Management has many advantages. For example, it doesn’t require you to have years of work experience as part of the admission. MIM degree students develop plenty of leadership and managerial skills and participate in either internship opportunities or practical experiences.

Depending on the university or college offering the programme and the specific curriculum provided, MIMs may be found under different names, including M.Sc in Management, M.Sc. in International Business, Master in Business and Economics, M.Sc in General Management, or Master in International Management.
1. Masters in Management are internationally oriented
In the past years, MIM degrees have been rising in popularity in Europe, but also in Asia, Australia, and Canada. 85% of all worldwide Masters in Management are offered in Europe, especially thanks to the changes brought by the implementation of the Bologna process.

The rising popularity is also supported by the fact that most MIM degrees are designed for an international student audience, with courses offered in English. Some of the main subjects discussed during classes are management theory, organisational behaviour, and other aspects of the business world.
2. Little or no work experience required at admission
One of the greatest advantages a Master's in Management provides is that it offers a way to advance your business knowledge immediately after graduating a Bachelor’s programme. Classic Business degrees, such as an MBA degree, usually require a considerable amount of initial work experience to be admitted – somewhere between 3 to 5 years of work. A lot of MIMs do not have work experience requirements or expect a maximum of one year of previous employment.
3. Get a versatile study experience
Originally a Master of Science (M.Sc.) degree, the Master’s in Management is designed as a programme offering in-depth theoretical classes and a great learning environment. In addition, you can also choose from a wide range of interesting electives such as the psychology of money, e-commerce, business ethics, etc. Within some MIM degrees, you will even learn a second language, which may be an exit requirement of the programme.
4. Capture insights from business leaders worldwide
Due to worldwide partnerships between top business schools and corporations, some Master’s in Management programmes will also provide the opportunity to gain international experience and travel to several different countries to gain insights from leading global experts.
5. Develop a complete set of managerial skills
The field of Management requires a diverse amount of knowledge of many related subjects. Masters in Management try to answer this need by including classes on a diverse set of topics.

Future managers are prepared to understand the complex interrelation between relevant business topics and to be able to contribute to relevant discussions.