The Master in Management (MiM) should help university graduates without work experience find a job in management fast and easily. At least that is the goal of the Business Schools. However, what is special about this Master’s degree, who can graduate and how do the options on the market differentiate themselves?
Europe as precursor for the Master in Management
The overall goal of Master in Management programs is to prepare students for leading positions in business companies – and this in between 10 and 36 months depending on the business school and program type. Although the MiM is offered nearly all over the world they are most common in Europe. Nearly 90% of the programs are offered here in 2010.
Master in Management: The name says it all – or doesn’t it?
Not all Business Schools use the name “Master in Management”. Because of University development, marketing strategy or positioning there are many different names. Even in the Financial Times Ranking of the Master in Management programs names like “Master in International Business” and “Master in Business and Economics” appear.
- Broad range of business topics
The first look one should have is on the curriculum. Whatever the name of the program is – Master in Management, Master in Business, Master in Global Management etc. – it should contain a broad portfolio of business and management topics to actually be a MiM. The assumption is that managers do a better job when understanding the broad picture as compared to being experts in specific functions. - Internationality
Furthermore Management-Masters feature more and more international constituents. The list of participants, even if not the professors, consists of many nationalities and the taught language is near always English. This is a crucial point which interested parties can mostly check easily by looking up the university statistic of past years. - Leadership skills
Managers are leaders – at least they should be. Master in Management programs who want to help becoming better managers hence should also develop leadership skills. Check this out in the curriculum, ask program representatives, and talk with alums about their experience.
Examine the curriculum carefully
In the end, with the differing names of the degree courses, it is not possible to outline which curriculums are contained in a Management-Master and which aren’t. Yet, whoever explicitly wants to have a Master in Management on their CV because it is relevant for their career should choose a program which identifies itself as one. For everyone else a close look at the curriculum seems to be the best way to find the appropriate Management-Master – even though it might have a different name. For more information please check the Master in Management Compass (www.mim-compass.com) which provides you with a Master in Management overview.
Source: Master in Management Compass
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