GyanOne
Masters in Management programs are excellent alternatives to an MBA for people who wish to gain management education right after their bachelor’s. These programs are designed for applicants with little or no work experience, and offer participants the chance to gain strong business education, business exposure, and leadership skills right at the onset of their career. The value proposition of the programs is strong, and most applicants will end up on a fast-track career growth trajectory, much like that of graduates from top MBA programs. The Masters in Management program is still almost exclusively a non-U.S. phenomenon, with the best programs in Europe, Canada, and Asia.
For long, a Masters in Management was considered as a precursor to the MBA – business education at the Master’s level that set one up for a career in business without really offering the same level of intensity or preparation that an MBA does. This is a myth, and a Masters in Management or MSc in Management (as it is known at some universities) can often be a strong substitute for an MBA. A majority of Masters in Management graduates treat the program as their terminal degree. And why should they not? After all, Masters in Management courses have proved their utility and value year after year across geographies, industries, and job functions.
Masters in Management program applications are fairly different from MBA applications. While MBA applications focus on work experience, leadership experience, and career fit, Masters in Management applications are more focused on leadership potential, academic scores, and differentiation.
A Masters in Management application therefore focused more on the individual rather than his/her professional experience. Leadership experience at the school and college level matters a lot. Academic awards are strong differentiators. Test scores matter, though GMAT averages are significantly below those of top MBA programs. As applicants at the Masters in Management stage do not have work experience / work awards / industry expertise / work achievements to differentiate their profile from that of other applicants, the need to create an outstanding application goes up.
This thread is for all MiM aspirants to LBS, HEC, ESSEC, ESADE, CEMS and other similar top MiM programs. Feel free to post all queries related to profile evaluation, MiM program selection, admission criterion, chances and inetrview process on this thread.
Hey, please review my profile for Round 1 of HEC Paris (MiM and MSc Managerial and Financial Economics), ESSEC MiM, ESCP MiM, LBS MiM and ESADE MiM.
Basic: 19, Male, Indian, applying for 2021-22 academic year. Will be 19 while applying, 20 while joining.
Background
Work experience:
Research Internship at IIM Ahmedabad (Indian Business School)
Internship at Center for Innovation Incubation and Entrepreneurship (Incubator/Accelerator/Investment Fund)
Business Development Internship at a start-up
Extra curriculars:
President of the Treasury of the Students' Council
Convener of flagship Strategy Consulting event
Vice President of Consulting Club
Captain of Debating Team
Founder and lead of undergraduate research forum of the institute
Also hold a couple of team lead positions on finance and participation teams in college fest organizing committees.
Maintain two blogs on economics
Won some B-School competitions, nothing too impressive. Also won some debates.
Two research projects with potential to publish, but nothing too certain as of now.
Some community social work such as zoo clean ups, underprivileged children scholarship test organization, teaching disabled children, tree plantations etc.
Undergrad school/major: IIM Indore, BA (Foundations of Management) [Takes 120 from 20,000 applicants].
Stats
GMAT Score: 760 in practise tests so far. Assuming 720-something in the real thing.
Undergrad GPA: 75%
Essays: I'm a fairly decent writer.
Thanks for posting and welcome to the GyanOne thread.
You should have excellent chances at the top schools, if you are able to achieve your target GMAT score. We would recommend that you aim only for the top options (LBS, ESSEC, and HEC) and let go of the others.
Some more food for thought for you is waiting for a few years (3-4 years) and then applying to a top MBA program instead. You already have solid Bachelor's education from IIM Indore, and should be able to find decent opportunities in business. Unless you are very keen to move abroad right away, considering the option of working in a starting business/management role right now may not be a bad thing.
In case you do decide to pursue the MiM itself, then your options are quite clear.
Hope this helps. Feel free to come back with more queries as needed.