About Master’s In Management Abroad
A Master’s in Management (MIM) degree abroad can open up great opportunities for students, particularly in functions such as finance, banking, marketing, consulting, technology, etc.
If you are aspiring to pursue a Master’s in Management, then France, the UK, the USA, Germany, and Spain are some of the countries you can explore.
These countries house prestigious and highest-ranking universities, providing up to 98% of their graduates with employment within 3 months of graduation.
Read the blog below to find out the top countries and universities driving the MIM landscape.
Top Countries To Study Master’s in Management
Here are the 5 highest ranking countries to study MS in Management:
France
As per QS Business Master’s Rankings 2024: Management, four of the top 10 MIM universities in the world are from France. These include HEC Paris, ESSEC Business School, INSEAD, and ESCP Europe.
HEC Paris has a strong alumni network of over 60,000 in 135 countries. Regarding cultural experience, France is one of the most popular destinations for studying abroad, hosting over 412,000 international students in 2024.
UK
UK universities are also among the highest-ranked Master’s in Management institutes in the world, with seven of them ranking among the top 50 globally.
These top institutions include London Business School, Imperial College Business School, London School of Economics, Warwick Business School, Alliance Manchester Business School, Cranfield School of Management, and University of Edinburgh Business School.
The UK is also known for its high number of international students and cultural inclusivity. As of 2021-22, the UK’s universities were housing more than 679,970 overseas students.
London, the country’s capital city, is a global financial hub, creating over 4 lakh relevant jobs annually to offer numerous prospects.
Germany
Next on the list of top countries for a Master’s in Management is Germany, with 5 universities ranking among the top 50 universities globally.
Some German universities that one can explore for a Master’s in Management include WHU (Otto Beisheim), University of Mannheim Business School, TUM School of Management, EBS Business School, Frankfurt School of Finance & Management, etc.
One of the many reasons Germany is a great destination for international students is the free tuition, which significantly reduces the total cost of pursuing an MS in Management in the country.
USA
Some of the top-ranking Master’s in Management institutions in the USA are Ross School of Business, Questrom School of Business, Fuqua School of Business, Mays Business School, and Mendoza College of Business. Institutes like Harvard, Stanford, and Wharton offer over 1,800 business programs catering to various specializations and interests. With a $25.3 trillion GDP, the USA has the world’s largest economy, where students can find unmatched job opportunities after graduation.
Top universities in the world for pursuing a Master’s in Management
Here are the top 20 universities in the world for studying MS in Management:
| Top Universities | Country | QS Business Master’s Rankings 2024: Management | Relevant Master’s Programs Offered | Duration | GMAT Requirement | Tuition Fees (approx.)* |
| HEC Paris | France | 1 | Master’s in Strategic Management | 2 years | Required (Average score – 710) | $165,558 |
| ESSEC Business School | France | 2 | Master’s in Strategy & Management of International Business | 1 or 2 years (depending on the educational background) | Required | $117,754 |
| London Business School | UK | 3 | Master’s in Management | 12-16 months | Required | £37,500 |
| IE Business School | Spain | 4 | Master’s in Management | 1 year | Required | €37,200 |
| INSEAD | France | 5 | Master’s in Management | 10 months | Required | €48,500 |
| ESCP Europe | France | 6 | Master’s in Management | 2-3 years | Required | €38,500 |
| UVA McIntire | United States | 7 | MSc in Global Strategic Management | 1-2 years | Required | – |
| Lingnan | Guangzhou | 7 | MSc in Global Strategic Management | 1-2 years | Required | – |
| ESADE Business School | Spain | 8 | MSc in International Management | 1 year | Required | €31,800 |
| Copenhagen Business School | Denmark | 9 | MSc in Economics and Business Administration | 2 years | Not mandatory | €15,200 |
| WU Vienna | Austria | 10 | Strategy, Innovation, and Management Control | 2 years | Not mandatory | €1,500 per semester (for non-EU/EEA students) |
| CEMS France | France | 11 | CEMS Master’s in International Management | 1.5 years | Not mandatory | €12,000 (program fees varies by partner school) |
| Bocconi University | Italy | 12 | MSc in International Management | 2 years | Not mandatory | €28,000 per year |
| Emlyon Business School | France | 13 | MSc in Management – Grande Ecole | 2-3 years | Required | €28,000 per year |
| Imperial College Business School | UK | 14 | MSc in Management | 1 year | Required | £32,500 |
| EDHEC Business School | France | 15 | Master’s in Management | 2 years | Required | €40,000 |
Other than the institutes mentioned above, here are some more that you can explore:
| Business School/ University | Master’s in Management Programs Offered | Duration | GMAT Requirement | Tuition Fee (Approx)* |
| The Wharton Business School | MBA (Management Major) | 2 years | Required | $81,378 per year |
| Columbia Business School | MBA (Management Division) | 2 years | Required | $80,472 per year |
| Harvard Business School | MBA (General Management) | 2 years | Required | $73,440 per year |
| University of Cambridge | Master of Philosophy in Management | 1 year | Not mandatory | £37,200 |
| University of Oxford | MSc in Management | 1 year | Not mandatory | £46,800 |
| CEIBS (China Europe International Business School) | MBA | 12-16 months | Required | $65,430 |
| National University of Singapore Business School | MSc in Management | 1 year | Not mandatory | S$55,590 |
*Tuition fees are subject to change. It is advisable to check the respective university websites for updated information.
Course curriculum and specializations for Master’s in Management abroad
The course curriculum for an MS in Management program combines foundational business education with electives like consulting, entrepreneurship, finance, etc.
Although the university-specific curriculum may vary highly, here are some common courses you may come across during your MS in Management abroad:
| Program Elements | Courses | Details/ Subjects Included |
| Core Courses | Financial Management | Techniques and strategies for effective financial planning, control, and analysis |
| Core Courses | Marketing Management | Key marketing concepts, strategies, and practices in a global context |
| Core Courses | Organizational Behavior | Understanding and managing human behavior in organizations |
| Core Courses | Operations Management | Principles and practices of effective operations and supply chain management |
| Core Courses | Strategic Management | Formulation and implementation of corporate and business strategies |
| Core Courses | Economics for Managers | Micro and macroeconomic principles affecting business decisions |
| Core Courses | Data Analytics | Utilizing data to make informed business decisions through statistical analysis and data visualization |
| Specializations/Electives | Entrepreneurship and Innovation | Strategies for new venture creation and innovation management |
| Specializations/Electives | International Business | Managing businesses in a global environment, including international trade and finance |
| Specializations/Electives | Human Resource Management | Advanced strategies for managing workforce diversity, talent acquisition, and development |
| Specializations/Electives | Digital Marketing | Techniques and strategies for marketing in the digital age |
| Specializations/Electives | Corporate Finance | In-depth analysis of corporate financial strategies and risk management |
| Specializations/Electives | Sustainable Business Practices | Principles and practices for integrating sustainability into business strategies |
| Practical Components | Internships | Real-world experience in a business setting, allowing students to apply classroom learning to practical challenges |
| Practical Components | Capstone Projects | Comprehensive projects that integrate knowledge from various courses to solve complex business problems |
| Practical Components | Case Studies and Simulations | Hands-on learning through analysis of real-world business scenarios and simulated business environments |
| Practical Components | Workshops and Seminars | Opportunities to engage with industry professionals and stay updated on the latest business trends and practices |
Eligibility for studying Master’s In Management abroad
The eligibility criteria for an MS in Management abroad may vary for different universities. Below are the common requirements you must meet to become eligible for the program. However, you’re advised to visit the intended university’s official website to get the exact requirements.
| Particulars | Eligibility Criteria |
| Academic Qualifications |
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| Standardized Tests |
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| Professional Experience |
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| Language Proficiency |
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GMAT/GRE requirements for a Master’s in Management abroad
While some universities require you to submit your GMAT/ GRE scores for an MS in Management, others don’t.
However, even if the scores aren’t mandatory, you can still submit them to increase your chances of getting accepted there.
Here are the minimum GRE/ GMAT scores required by top universities in the world for a Master’s in Management:
| University/ Institution | Program | Minimum GMAT Score* | Minimum GRE Score (Verbal/Quant)* |
| HEC Paris | MSc in Strategic Management | 690 | 160/160 |
| London Business School | Master’s in Management | 600 | 160/160 |
| ESSEC Business School | MSc in Strategy & Management | 640 | 155/155 |
| ESADE Business School | MSc in International Management | 670 | 160/160 |
| Imperial College London | MSc in Management | 600 | 160/160 |
| University of St. Gallen | Master’s in Strategy and International Management | 650 | 160/160 |
| IE Business School | MSc in Management | 650 | 155/155 |
| IESE Business School | MSc in Management | 660 | 160/160 |
| ESADE Business School | MSc in International Management | 670 | 160/160 |
| Rotterdam School of Management | MSc in Management | 600 | 160/160 |
*These are the typical minimum scores that each of these universities/ institutes require, though higher scores are often expected for competitive admissions.
Scholarships to study Master’s in Management abroad
Here are some top scholarships you can explore to study Master’s in Management abroad:
| Scholarship Name | Eligibility | Award Amount |
| Inlaks Shivdasani Foundation Scholarships | Indian citizens with a good academic record and admission to a top-tier international institution | Up to $100,000 |
| JN Tata Endowment for Higher Education | Indian nationals with a strong academic record and admission to a postgraduate program abroad | Loan scholarships up to INR 10 lakhs |
| Narotam Sekhsaria Foundation Scholarships | Indian graduates under 30 with admission to a high-ranking international institution | Interest-free loan scholarships up to INR 20 lakhs |
| Stanford Reliance Dhirubhai Fellowship | Indian students admitted to the Stanford MBA program | Covers approximately 80% of tuition and associated fees |
| London Business School Fund Scholarship | Outstanding Indian students admitted to the London Business School MiM program | Varies (can cover a significant portion of tuition) |
| HEC Paris Fondation Rainbow Bridge Scholarship | Female candidates from Asian or African countries admitted to HEC Paris | €20,000 |
| Oxford-Indira Gandhi Graduate Scholarship | Indian students with exceptional academic merit and financial need admitted to the University of Oxford | Full tuition and a living stipend |
| Erasmus Mundus Joint Master’s Degrees | Students from India (and other non-EU countries) admitted to select Erasmus Mundus programs | Full scholarships, including tuition, travel, and living expenses |
| HEC Foundation Excellence Scholarship | Students with exceptional academic merit and studying at HEC Paris | €15,000 per year |
| The Women’s High Potential Scholarship | Open to international female students who have applied for a Master’s in Strategic Management at HEC Paris | Varies |
Career scope of a Master’s in Management abroad
From high employability to competitive salaries, this is why the career scope of a Master’s in Management abroad is very promising:
- The majority of Master’s in Management students secure jobs soon after graduation. According to HEC Paris, the world’s highest-ranked university for an MS in Management, 98% of MIM graduates find employment within three months of graduation.
- Most graduates have an average salary of $70K to $120K per year.
- According to McKinsey & Co., 60% of Master’s in Management graduates get promoted within two years of their employment. This indicates quick career progression after MIM.
- The Graduate Management Admission Council (GMAC) Survey 2023 suggests that 85% of Master’s in Management graduates have a high job satisfaction rate.
- This degree also provides ample global opportunities to students. According to the Graduation Survey & Admission Statistics 2023 Intake, 67% of HEC Paris graduates land high-paying international jobs.
Top recruiters for Master’s in Management graduates
Here are the top recruiters in different industries that you may find yourself working with after a Master’s in Management abroad:
| Industry Type | Companies |
| Consulting Firms |
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| Technology Companies |
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| Financial Services |
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| Consumer Goods |
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Job prospects and salaries offered after a Master’s in Management abroad
The job prospects after a Master’s in Management abroad are immense, depending on your education, employer, and country. The estimated median starting salary for MIM graduates in the USA in 2023 was $85,000.
Here’s an estimate of how much Master’s in Management graduates in the USA earn:
Other than the USA, here’s how much you can earn right after completing a MIM in the UK, Canada, Germany, and Australia.
| Country | Average Initial Salary* |
| The UK | £42,500 to £100,000 |
| Canada | CAD 66,400 |
| Germany | €40,000 to €55,000 |
| Australia | AUD 60,000 to AUD 90,000 |
*The numbers are estimates and may vary based on factors like your educational background, work experience, skill set, employer, etc.
FAQs on Master’s in Management abroad
1. What are the top universities in Europe that offer Master’s in Management programs?
Ans. Some of the top universities for Master’s in Management programs in Europe are HEC Paris (MSc in Management), London Business School (Master’s in Management), ESSEC Business School (Master’s in Management), University of St. Gallen (Master’s in Management), and Rotterdam School of Management, Erasmus University (MSc in International Management).
2. What can I do with a Master’s in Management degree?
Ans. A Master’s in Management is a pathway to many leadership roles across industries, such as project management, human resources, marketing, consulting, and more. This versatile degree helps you gain business knowledge, leadership skills, and strategic thinking to excel in the corporate world.
3. Which countries offer the best Master’s in Management programs?
Ans. Some top countries offering Master’s in Management programs are France, the UK, Spain, the USA, Switzerland, Italy, Germany, etc.
