Do you still dwell in an age when earning an MBA was the sole path to management? It’s time to spring up from the rocks and learn more about the high-demand degree: the Master’s in Management (MiM). The lack of a necessity for work experience and lower costs compared to pursuing an MBA have contributed to the rising popularity of the degree. It is the finest option for recent graduates who want to explore a career in management.

Today, the sphere of masters in management professions is flourishing, with new prospects and work options in finance, marketing, data science, engineering management, and other fields. Several B-schools offer the degree worldwide, so be careful to select the one that best suits your career track.

In this post, we have unwrapped the growing career progression for MiM graduates to help them bring the best out of their degrees and qualifications!

Most Convincing Careers After MiM

Considering the importance of the MBA, it goes without saying that around 3000 MBA programs are offered worldwide. However,  with a Master in Management (MiM), students have additional career opportunities and occasionally get employed more than an MBA. Discover some of the incredible careers you may pursue with a master’s in management—

1. Management Consultant

           Minimum Salary: $109450/yr

One of the more prominent employment options you might pursue with a master’s in management is a professional in management consulting.

As a management consultant, you will provide strategic and knowledgeable recommendations to assist a business, entity, or enterprise in enhancing its overall productivity and efficiency. Working in project teams is a key component of this position, particularly client-focused. As a result, you should feel at ease working with little supervision and be capable of handling a lot of responsibility and power.

2. Project Manager

           Minimum Salary: $91,192/yr

A job as a project manager may be right for you if you like organizing others, have effective communication and diplomatic skills, and have the ambition and capacity to make decisions under stress.

Project managers oversee a project, assuring that the client’s desired aim is attained while adhering to a rigid timetable and budget, whether they work in the construction, marketing, or healthcare industries. They track progress, examine finances, personnel, and resources, and adopt necessary improvements to meet standards. 

3. Business Development Manager

            Minimum Salary: $86,286

A business development manager is responsible for expanding an organization’s economic side and assisting in its growth and potential, which catalyzes sales and collaborations.

Since you will be required to conduct careful and strategic planning to improve the business’ prosperity and position in the market, having a solid technological understanding would give you a competitive advantage. And hence, individuals with Master’s in Science or STEM backgrounds can also try their hands at this position.

4. Social Media Manager

Minimum Salary: $58007

In the realm of digital marketing and technology today, social media usage is growing at a faster rate.

As a social media manager, you must be well-versed in web development strategy, the elements of effective digital marketing, and how multimedia content is leveraged to enhance a company’s image and exposure. Additionally, be aware of other creative aspects, end-to-end campaign management, marketing analytics, and in-time delivery to make up efficient social media management. You will be responsible for designing and putting into practice promotional strategies to raise brand awareness and the momentum of consumer involvement.

Leading Schools For Pursuing MiM

Most MIM graduates find work in industries like consulting and banking. Other well-liked industries include technology, commerce, luxury products, and more.

After going right over the path, you may consider getting enrolment in the following B-schools and lead off a lavishing career–

• MIT Sloan
• Yale University
• Busch School of Business
• Kellogg school of management
• Gies College of Business

Even distance learning and other online coursework trends have paved the way after COVID-19. Such digital alternatives are easily available for consideration. Online education enables you to make do with fewer resources and cuts your money on expensive tuition!

Set in Motion and Make the Right Career

Regardless of the information, the MiM application process can still be daunting. From choosing the right college to meeting the admission requirements, the application process has no scope for misses and errors. Step up with the right preparation and counseling. With Imperial Overseas Consultation, you can travel for studies abroad without any hassles.

Contact us today to know more about Master in Management and how to apply for your dream college.