What is the salary of MiM in UK?

The salary for a Master in Management (MiM) graduate in the UK can vary depending on several factors, including the specific school, industry, and location.

However, to provide a general idea:

• Average Salary: On average, MiM graduates in the UK can expect to earn between £30,000 to £45,000 annually. This range is typical for entry-level positions in various industries such as consulting, finance, and marketing.
• Top Schools: Graduates from top business schools like London Business School (LBS) and Imperial College Business School often command higher starting salaries. For instance, LBS MiM graduates have reported starting salaries averaging around £50,000 per year.
• Industry Variations: Salaries can significantly differ by industry. For example:
• Consulting: MiM graduates working in consulting firms can expect salaries on the higher end, often between £40,000 to £55,000.
• Finance: Those entering the finance sector, especially in investment banking, may see starting salaries around £45,000 to £60,000.
• Technology and Startups: While roles in tech startups might offer slightly lower starting salaries, they often come with potential for rapid salary growth and additional benefits like stock options.
• Location: The city where one works can also impact salary. London, being a major financial hub, typically offers higher salaries compared to other UK cities like Manchester or Birmingham.
• Experience and Skills: While an MiM provides a strong foundation, additional skills, internships, and work experience can enhance earning potential. Employers value practical experience and specific skills like data analysis, project management, and proficiency in relevant software.

Overall, while the average starting salary for MiM graduates in the UK ranges from £30,000 to £45,000, those from top schools and certain industries can earn significantly more.