How does MIM salary compare to MBA salary?

Question

Anjali Rawat · Accepted Answer

When comparing salaries between MIM and MBA graduates, there are noticeable differences due to factors like work experience, industry, and location. 
MBA graduates typically command higher salaries, primarily because MBA programs attract professionals with several years of work experience, which employers value. 
MIM graduates, on the other hand, are often younger and have little to no professional experience, leading to lower starting salaries. 
However, this salary gap tends to close as MIM graduates gain experience over time.
For the data: MBA graduates from top schools can expect starting salaries ranging from $100,000 to $150,000 annually, depending on the industry, whereas MIM graduates start somewhere between $50,000 to $80,000, that too when in the consulting and finance sectors. 
The location also plays a key role in salaries in the US tend to be higher than in Europe for both MIM and MBA graduates.

Rohit Chadda · Answer

The salary difference between a Master in Management (MIM) and an MBA can vary significantly based on factors like experience and location. 
MIM graduates typically enter the workforce with little to no professional experience, leading to lower starting salaries. For instance, MIM graduates in Europe often earn between $50,000 to $70,000 per year.
On the other hand, MBA graduates generally have several years of work experience, which translates into higher salaries. In the U.S., the average starting salary for MBA graduates can range from $100,000 to $120,000 annually. Top MBA programs, like those at Harvard or Stanford, see graduates earning even higher, often exceeding $150,000.
While MIM is more suited for early-career professionals, MBA graduates typically command higher salaries due to their experience and management skills.

Prateeksha Manral · Answer

Salaries for MIM and MBA graduates differ largely due to experience levels and career stages. 
MBA graduates typically have several years of work experience even before the degree, so naturally, they land higher-paying roles in management or executive positions. Their starting salaries usually fall between $100,000 and $150,000 annually, depending on the region and industry.
In contrast, MIM graduates generally have little to no work experience before completing their degree. Therefore, their starting salaries are on the lower end, ranging from $50,000 to $80,000, especially in popular sectors like consulting and finance. 
Despite this difference, MIM graduates have the advantage of entering the workforce earlier, and with time, their earnings can catch up to or even exceed those of MBA graduates in some cases.
Over the long term, the salary gap between MIM and MBA graduates can narrow as MiM professionals gain experience and climb the corporate ladder.

Yash Mothia · Answer

MIM salaries are generally lower than MBA salaries due to the difference in work experience and career stage. MIM graduates, who typically have less work experience, can expect to earn around $50,000 to $70,000 annually in Europe. 
In contrast, MBA graduates often have 3-5 years of professional experience, making their earning potential significantly higher.
For example, MBA graduates from top programs in the U.S. frequently earn starting salaries between $100,000 and $120,000, with some reaching over $150,000 depending on the industry and role. The higher salary reflects the experience and advanced leadership skills that MBA programs emphasize.
MIM provides a solid foundation for those just starting their careers, while an MBA is designed for professionals looking to advance into senior management roles with higher earning potential.To know the key difference of MIM Vs MBA, visit here.