MIM and MBA students learn through lectures and research projects. Students may have the opportunity to study abroad. These programs typically take one to two years to complete. Students may need to meet a minimum GPA requirement and should submit Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE) scores. Some programs require previous coursework in business areas such as accounting, economics and business law.
- Prerequisites: Bachelor's degree, GRE or GMAT scores, minimum GPA requirement and previous business coursework
- Program Length: 1-2 years
- Other Requirements: Participate in research projects and there are study abroad opportunities
Master's Degree in Management or Business Administration
Occupational skills gained through MIM and MBA programs include the ability to prepare and oversee budgets, as well as direct and manage the hiring, training, and career development of company personnel. Graduates have the ability to conduct bird's eye assessments of company performance on a global level, as well as knowledge of international business laws and global markets. In addition to taking electives and conducting research projects on topics in international business, students in MIM or MBA programs may be required to take core courses such as:
- International law
- Global accounting
- International marketing
- Global management
- Information systems
- Human resources
Popular career options
Graduates of these degree programs can be qualified for a range of positions, including:
- Operations manager
- General manager
- Management analyst
- Postsecondary business teacher
- Production manager
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics (BLS), the 2014-2024 employment outlook for those in managerial careers depends upon the occupation; management analysts could see 14% employment growth, (www.bls.gov) while industrial production managers would see a 4% decline in employment, according to the BLS. Employment growth was predicted to be 13% for postsecondary teachers in general.
Salaries for managerial careers varied slightly as of May 2015, according to data released by the BLS. Managerial analysts earned an average salary of $91,770, while postsecondary business teachers made $92,220. Industrial production managers averaged $103,720 in 2015, according to the BLS.