How will be the total cost for the Tuction and living?

Masters in management is originally a European-found degree, which has now spread all over and has started its place in most top business schools over the world. MS Management is designed for international students starting their careers or having little work experience. MIM courses are central, specialising in consulting, finance, marketing, etc. After pursuing this course, students can get into entry-level business management jobs requiring applicants with specialised knowledge and less experience.

The MIM course duration is a one or two-year program focusing on marketing, accounting, or finance. Also, top MIM colleges in the world offer the best MIM program in the world. In recent times, with the start-up areas booming in several industries and countries, the number of applicants applying for a MIM abroad course has rapidly increased, owing to the comprehensive nature of the course. The average salaries generally float around USD 93,529 per year (INR 71.19 lakh) for MIM graduates at leading institutions. 

When you seek master’s in management abroad you will have the chance to fully immerse yourself in a different culture if you move abroad for a university degree. There are several possibilities for pursuing a postgraduate degree in management schools and institutions throughout the world. Here are some of the primary reasons why international students should pursue a master’s in management abroad.

1. Various Specialisations

Students who choose the MS in management program overseas will be exposed to a wide range of standards and disciplines. Marketing, finance, entrepreneurship, consulting, and other relevant topics will be covered.

2. Top-Rated Colleges

Most of the best prestigious and famous universities in the world provide the best MIM programs around the world. HEC Paris, ESADE-Spain, and other institutions provide the top MS in management programs for overseas students.

3. Professional Qualification

Management is a multifaceted discipline with origins in several professional fields, including business, advertising, healthcare, media, and many more. Students who pursue an advanced degree in MIM will be able to obtain the professional knowledge that they want.

4. Multiple Job Positions

Students who have finished their masters in management have several job choices. Graduates can obtain work in the finest businesses and organisations. After finishing their training, students can be hired for some of the highest-paying jobs in the sector. This includes:

Risk Manager
Financial Risk Analyst
Social Media Manager
Investment Analyst

Cost of Studying Masters in Management Abroad

Different nations that provide opportunities for education to international students have various costs that the student must incur. Before deciding on a location and a degree, you should be aware of the costs that you may incur throughout your academic experience. The total cost of study overseas may be split into two categories: program fees and living expenditures.

1. Course Fees
Tuition fees at the top Mim colleges in world range between USD 15017 – 25028 (INR 12,00,000 to INR 20,00,000) for one year. The cost of pursuing the course will be determined by the country and academic establishment chosen.

2. Cost of Living
Aside from program fees, there are additional costs to consider when studying abroad. These expenditures would include expenses for lodging, meals, transportation, and so forth. Individual living costs vary based on the country visited. For example, in the UK, the estimated yearly living expense is approximately USD 1000- 1500 - 2000 (INR 7, 9655-11, 9483).