The Admissions Committee likes to see a percentile around 65% in both the Verbal and Quantitative sections and above five for the Integrated Reasoning section. But, lower GMAT scores for alternative business programmes aren’t always universal. The INSEAD MIM's 10-month format gets graduates to the job market quickly as opposed to some programmes that require two or three years, pushing the ROI down because of heavier living costs and postponed entry into the … INSEAD is a private business school established in 1957. The duration of the programme is 14 – 16 months. The average age of the class is 22 years and the tuition cost for the program is € 47,500. Following are a few more statistics related to the INSEAD MiM Programme. Did you know a GMAT score of 730+ yields incremental $500K in ROI? Real Humans of INSEAD's MBA Class of 2020 With campuses located in France, Singapore and Abu Dhabi, INSEAD is known for its international orientation, academic rigor, and consistently high rankings. 97% of graduates find a job within 3 months; 44% of graduates work outside their own countries; €50,480 average annual starting salary; ESADE Alumni Info. Average masters and management salaries after 3 years of graduation is more than $98000. Last but far from least, the new Master in Management (MIM) was accredited by the French Government in 2019/2020, following the addition of an internship component. Shorter program duration. INSEAD promotes a ‘work hard, play hard’ approach to MBA life on campus. This is closely followed by ESSEC Business School with their salary numbers at $107,000. The best paying degree at INSEAD is Masters in Finance, with alumni earning an average salary of $221,000. (Many Asian job opportunities) The overall annual average salary reported was The INSEAD MIM lasts 14-to-16 months—10 months of classes split between INSEAD’s Fontainebleau and Singapore campuses, and four-to-six months of work experience. An MIM is considerably cheaper than an MBA. Overall, the MBA graduates’ average base salary, in 2020, increased at a rate of 2.3% in comparison to the previous year. The process took 2 weeks. While studying at INSEAD, Matt started his own venture in Singapore in the space of sustainable jewellery. The employment rate is around 97% within 4 months of graduation and 65% have more than 2 job offers to choose from. The term INSEAD means European Institute of Business Administration. INSEAD distributed over SGD 7.5 million in scholarship funding to the 2020 graduating classes with 30% of students receiving an average of 29,755 SGD. The highest paid INSEAD alumni & graduates are Insurance Jobs professionals at $227,000 annually. The lowest paid INSEAD alumni & graduates are Engineering professionals at $80,000. Are you an employer? The best paying degree at INSEAD is Masters in Finance, with alumni earning an average salary of $194,000. This year, the average scholarship grant at HBS is about $37,000 a year. Top companies offer internships to students. Corporate Sectors Financial Services Management Consulting Technology, Media & Telecommunications 1017 participants in the two classes completed the INSEAD MBA programme in December 2019 and July 2020 Graduates work outside their country of origin Graduates from INSEAD who earn the lowest salaries are those with a Other Degree degree, earning a salary of $102,000 annually. All elements of your application will be thoroughly reviewed by the admissions team. Although a Master of Business Administration, better known as an MBA, is technically a master’s degree, in reality that qualification is a little elevated above other master’s degrees for a number of reasons. The Career Development Centre will also accompany you through the process of salary negotiations. I applied online. 17% of them got hired in the technology sector and 15% got into consulting. Out of 1020 students in the program, 985 students participated in formal recruitment activities, and 92% reported having received at least one job offer within 3 months of graduation. Average length, for example, is about an hour. Of course, the USA also has good schools, but we would recommend Europe for this course. MBA Admissions, MBA vs MiM, and Post-MBA Career Change. For 600 hours over two terms, students will take the role of consultant as part of a small team. The INSEAD MiM programme is designed for fresh graduates interested in a management education having little or no work experience. Salary and other benefits will vary depending on the individual company, function, sector and work country. The tone, style, context, and even length will often depend on your interviewer’s personality and profession. 53-72K € Average starting salary by region. The programme is open to students from diverse academic and cultural backgrounds with a clear interest in management. Insead is among the top 20 business schools in four out of the five FT rankings used to compile the European table. ESCP Europe Alumni is an international and rich network of 60,000 members worldwide. Three years out, however, London Business School has the edge with $162,000 over INSEAD’s $155,000. MBA vs MIM: Course Structure . Q&A with Matthieu Chauveau, INSEAD MBA Alumnus and Founder, Scéona. Most of the good colleges are in the European regions like HEC Paris, London Business School, IE Spain. They run a variety of clubs and activities for students to get involved in, including business and industry focused clubs to boost career prospects through networking events, annual forums and trips. MBA is more hands-on learning-oriented with a due focus on case studies as well as real-world examples that arise in the … Great Alumni network. These are the top 10 MIM programs in the world: Average fee in Europe for One year MBA programmes EUR 33750. After the long years of thorough market research and programme design, INSEAD was ready for the inaugural intake of September 2020. If successful through the first pre-selection, candidates will be invited to attend an interview with an INSEAD alumni or admissions … But some interviews can be as short as 30 minutes, while others range up to two hours long. Diverse placement in terms of Job locations. However, the leading European school for average graduate salary is IMD, at a whopping US$130,000. INSEAD boasts of a strong track record of placements and career outcomes for the graduates of its MBA program. The average salary of an MBA graduate can be around $100,000. And this is where it gets dynamic, because INSEAD gives its interviewers some latitude. Compared to the two year MBA programs, INSEAD offers a 10 month program, so it’s the top best choice for someone looking for a shorter quicker program option. But the salary on graduation are similarly far lesser than what you would make after an MBA. The average usually is 50k-60k annually for the majority of the batch size. The MiM admissions team at INSEAD is looking for the following attributes in candidates: 1. Known to be the best for Consulting. The Ph.D. program was launched in 1989 and … Intensive program (similar to LBS MiM) You finish your master and get a job in a little over a year. While INSEAD is a great school, its MiM programme is brand new. HEC Paris: Apprendre à oser – “The more you know, the more you dare” The 12 European schools in its one-year ranking had a payback that ranged from 2.4 to 3.6 years while grads from HBS and Stanford GSB take just over four years to pay back their investment on average. MSc Management. A competitive GMAT score is likely to be above 650. Students also noted a median salary of US$105,900. A big chunk of the students (22%) were employed in the financial services industry. INSEAD business school has launched a new Master in Management (MiM) program for young graduates interested in business but with little or no work experience. At ESADE, it’s 668 for the MBA and 655 for the management masters. Scroll down for further information on ESADE MIM Average GMAT, ESADE Mim Class Profile, ESADE Mim Application process, employment report, ESADE Mim fees, and more. $135,000 Median Base Salary EMPLOYMENT OVERVIEW1 $50,000—$250,000 Range of Base Salary I interviewed at INSEAD (Saint-Franc) in Jun 2013 Interview Fairly straight forward - 3x rounds with HR included Line manager provided most of the questions followed by the head of department who basically validated if the hire was suitable. Firstly, the price. INSEAD’s figure of US$119,100 puts it marginally ahead of London Business School, at US$118,000. When looking at the salaries of alumni from the top 25 US MBA programs, 23 of them (all, excluding Wharton and Columbia), have reported a salary increase. As a guideline, the average starting salary for a MIM graduate is around EUR 68,000. The degree completes INSEAD’s portfolio of programs— MBA , Executive MBA , Master in Finance , PhD et al—which has focused on those with several years’ working knowledge. The LBS average GMAT score for the MBA programme is 708, but the LBS MiM GMAT score average is 681. Then, in addition, we are competing for talent with top-tier business schools, which have much deeper pockets than we do. 1. According to the GMAC recruiter survey, the median starting salary of MBA grads is about $110,000 whereas for MiM grads it is $92,500. Here is a look at the statistics of the full-time MBA program at INSEAD: Sr. No About the Course INSEAD MBA Program 6 Work Experience Average 5.6 years 7 Tuition Cost (per year) € 89,000 8 Average Age 29 9 % Employed after graduation (3 months) 92% 9 more rows ... The MBA qualification is a premium and popular management degree running for a period of 1-2 years which can also be considered as the most popular course in any discipline. This 14 to 16-month programme has an innovative learning approach with an applied problem-solving orientation. Click to view INSEAD MBA graduates' compensation trends in these sectors. The average age of our students is 29, which is older than many of our peer schools. I know that 97% of the MiMs at LBS are in employment after 6 months, I know that 40% of them go to consulting firms (which is what I aim to do), and that MBB hired over 20 students last year. Slightly lesser average starting salary (49k Euros) Fees - 42k Euros; INSEAD MiM: Pros: Solid brand value internationally. The average salary for INSEAD grads is around USD $105,900. This is less than the 4.9% base salary increase MBA alumni saw in 2019. Application. The Financial Times 2019 ranking published INSEAD MBA graduate average salary as €180,527 and an average salary increase of 104%. The average signing bonus is CAD 13,800 and the salary ranges between CAD 48,000 to CAD 240,000. It aims to empower the next generation of well-rounded, agile-thinking and innovative individuals who are ready to make a positive impact in today's society. That may have been a reason for the program’s unusually long gestation period. Let’s find out more about Matthieu’s pre-MBA experience and post-MBA career journey. MIM As MiM graduates have less work experience, they end up working in entry-level jobs, with an average salary … The financial challenges that our women applicants face are extremely complex. The INSEAD MiM MIM requires participants to have a sound academic foundation and GMAT/GRE score. Average MiM Salaries. I like to have data to back-up my decisions, and there weren’t any for INSEAD. Average Salary Salary Comparison Full Access; Compliance, AML, KYC & Monitoring: $110,000 The average age of candidates is expected to be 22 and they will have between zero and two years of work experience, which can include internships. The average starting salary and bonus work out to $110,304. In the US, the MBA average at Duke Fuqua is 695, but the average for the MMS programme is 660. Average starting salary. MiM degrees are valuable especially after a bachelor’s degree in engineering or physical science. 37%. Interview - entretient téléphonique avec la RH sur le parcours du candidat - entretient technique via skype (singapore) avec le responsable d'equipe technique - entretient RH sur site et discussion des avantages et salaire MIM students tend to have little to no work experience, often arriving directly from their undergraduate studies between the ages of 21 and 23 (the average age of the initial cohort is 22, seven years younger than INSEAD’s MBA students). PayScale.com Average US Salary: $76,659*. As you can see in the table below that lists the top MBA schools ranking in Asia, the top position is occupied by INSEAD, Singapore. The university started its first executive education program in 1968. Even if you take the mid-point of INSEAD’s scholarship range, a highly generous estimate, INSEAD’s grants might average closer to $25,000, or $12,000 a year less than HBS, or a whopping $49,000 under the average two-year grant at Harvard. You will also need to pay the application fee: EUR 180. As a guideline, the average starting salary for a MIM graduate is around €68,000. Get full report. The INSEAD Master in Management (MIM) is a continuation of this mission. Highest – EUR 70700. ESCP Europe MIM Placements ESCP Europe Master in Management Placements Facts. INSEAD Career Development Centre (CDC) helps students find their career passions and best MBA jobs in Singapore with an average salary of around 138,710 SGD post-graduation. I interviewed at INSEAD (Fontainebleau (France)) in January 2014. A total of 155 companies have hired graduates from here. One of INSEAD's unique features is that its standard course of study is an accelerated 10-month MBA Harvard Business School - Class Profile 2022. The orientation of both courses differs on a large scale. Average fee in USA for a One year MBA $ 100000 and for two year MBA – $111000. Of course, the salaries are dependent on the role and industry with Consulting and Finance typically being the highest payers. The average age of students is 22, with an average work experience of 0.8 years.