In Canada, with no experience, which masters course is better to opt for?MBA or MIM?
Asked by saquib suhel over 1 year ago
Without a doubt MIM is better than MBA given with no experience. A Master in Management (MIM) is basically designed for students looking for MBA degrees with no work experience. The program is a nice replacement, cheaper options and does not require a lot of credentials.
Canada is filled with world-class business schools that have both MBA and MIM programs available. However, these two programs are similar but yet different from each other. While MBA is for working professionals that want to accelerate their career, MIM is for fresh graduates that want to get into business and management. Not just in a student's perspective the difference lies in any other aspect.
Basically, MBA degrees are the world's most expensive program. In some cases, the yearly fee goes above 50 lakhs. Compared to this, MIM programs only cost around 20-30 lakhs of yearly tuition (the very best ones). While both of the degrees are for business aspirants and share many similar study topics, the approach to education is different.
An MBA course majorly works on your pre-existing skills and helps you to know the new advancements. While in MIM the goal is to learn the fundamentals. MIM courses are majorly theory based that are to give a lot of knowledge and information. MBAs are more like case-study where you basically learn from real world examples.
Both of them are very good for their own segment. But with no work experience, MIM is definitely the winner. Because MBA programs in Canada need like 4-5 years of experience plus they are very competitive. For a MIM program schools like Sauder, Schulich and Ivey are the best in Canada. If you want to know more about the program, get in touch with the experts here. They can guide through an overseas otgeam easily. Let me know how it pans out.
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