Should I Apply to the MBA or MIM?
Help! What programme should I apply for?
I get this question every day, but before you read on, keep in mind three critical points:
- Experience level
- Career goals
- Tuition budget/ROI
Here is a brief comparison to help applicants find their way:
Master in Management (MIM)
|Who should apply?||
Professionals who already have two to 10 years of work experience after graduation
|Freshers with no experience or recent graduates with up to two years of work experience|
|Career objectives||Change your field entirely, salary progression, new role…||Career launch booster: Seeking hire in top firms and companies|
|Duration||10 months||10 months|
|Intake||Two per year: January and September||One per year: September|
|Campuses||You can start in either Singapore or Fontainebleau, and most students switch campuses during the programme to experience both, or opt to participate in a field trip to Abu Dhabi||Everyone starts together in Fontainebleau and changes over to Singapore for the final two modules, with field trips available to Abu Dhabi, China or the US|
|Tuition fee||€87,000 (January 2020 intake)||€47,500 (September 2020 intake)|
91% Received job offers within three months of graduation (2018)
The median annual base salary and median sign-on bonus are at US$ 109,800 and US$ 27,000 respectively; with 78% of the class changing sector, career or function, and 51% changing work country
Students have access to a personal coach and the Career Development Centre will also accompany MIMs through the process of salary negotiations. For more info on career perspectives for MIM students, read here.
As a guideline, the average starting salary for a MIM graduate is around €68,000. The INSEAD MIM's 10-month format gets graduates to the job market quickly as opposed to some programmes that require two or three years, pushing the ROI down because of heavier living costs and postponed entry into the job market.
The 10-month format of both the INSEAD MBA and INSEAD MIM will equip students with the necessary time management and prioritising skills, as well as the precious experience of working and learning in an extremely diverse group of people.
Companies increasingly work in global environments with multicultural teams, but sometimes this challenge is underestimated.
With currently more than 59,000 Alumni distributed across 176 countries with 163 nationalities, all of our alumni are truly citizens of the world. INSEAD also invests in lifelong career support for alumni at each stage of their career. Our mission is to develop and nurture a relevant, world-class and life-long career development offering for the global INSEAD alumni community.