MIM Salary, Jobs, Scope in India

Surobhi Chatterjee

MIM jobs are available for graduates in a wider and more diverse variety of roles. The career options are very wide and diverse, due to the flexibility of the coursework that the students obtain. Some of the MIM job lists include Project Manager, Production Manager, Operations Assistant, General Manager, CEO, Assistant Manager, Corporate Officer, Executive Director, Assistant to CEO, etc.

Career Prospects and Job Scope for a MIM Graduate

Jobs for MIM graduates are available to students at ease. A student can easily map their MIM course as per their future aspirations. Graduates will have job opportunities in both the private and public sectors. Corporate Officer jobs are the primary areas of employment for graduates of the MIM course. 

The MIM scope of work for a graduate is comprehensive and varies over a large number of working areas and sectors. Listed below are some of the popular jobs after MIM that is undertaken by graduates:

• Project Manager
• Production Manager
• Operations Assistant
• General Manager
• CEO
• Assistant Manager
• Corporate Officer
• Executive Director
• Assistant to CEO, etc.

Areas of Recruitment for MIM

There is a large scope of MIM jobs for graduates in both the private and public sectors. After MIM graduation students pursuing a MIM course are not limited to their specific areas resulting in a vast job. With many specialisations, the MIM course is an all-around course. 

Concerning the previous academic background the personal choice and the ability of the student towards a particular program, there exists an appropriate plan for almost every candidate opting for the MIM course. Some of the areas of recruitment are:

• Finance
• Manufacturing
• Business Support
• IT Services
• Start-ups

MIM Salary

The MIM salary for the graduates can differ according to the specialisation that the aspirants decide to pursue. Other factors which can affect MIM salary in India include experience, location, and specialisation. Graduates can increase their salary by doing internships and work placements as it would add to their experiences.

MIM Salary in India

The average MIM salary for graduates is around INR 2 - 20 LPA [Source: PayScale]. The table below shows the salary breakdown of MIM graduates in India:

Source: Glassdoor

The table below contains the list of MIM job profiles and their average salaries per annum:

Source: Payscale

MIM Salary Abroad

MIM is one of the most popular courses in the world, making it an attractive prospect for Indian students to pursue abroad. Students will have access to the best infrastructure, amenities, academic curriculums and faculties while pursuing a MIM abroad. 

Furthermore, they will have the opportunity to work and earn attractive salaries upon completing the course. The average salary of a MIM graduate abroad is USD 62000 PA (Source: PayScale). The table below contains the list of job profiles abroad and the appropriate per annum salaries:

Career Scope of MIM

MIM is one of the most diverse courses in terms of, not just employment opportunities across various domains, but also the scope of higher education for graduates. 

Depending on the MIM specialisation opted for by the student, they will be able to find relevant jobs in their domain or find the appropriate course for further education. MIM scope in India is quite vast whether a graduate chooses to work or study further.

Courses after MIM

MIM graduates can opt for higher studies once they complete their undergraduate studies. There are plenty of options for MIM graduates to choose from depending on their MIM specialisation. The list below contains the names of courses that MIM graduates can pursue after completing the course:

• PhD
• M.Phil

Career Options after MIM

There are a number of employment domains that MIM graduates can join immediately after graduation. MIM is one of the most diverse courses in terms of employment opportunities for graduates. The list of Master in Management career opportunities available are as follows:

• Project Manager: A project manager has to manage the team, maintain friendly relations with the client, build a realistic project plan, deliver the outcomes on time, schedule tasks, and delegate assignments. 
• Production Manager: A Production Manager is a professional who oversees the production process and coordinates all activities to ensure enough resources on hand. They plan workers' schedules, estimate costs and prepare budgets to ensure workflow meets required deadlines.
• CEO: CEOs are responsible for managing a company's overall operations. This may include delegating and directing agendas, driving profitability, managing company organizational structure, strategy, and communicating with the board.
• General Manager: General manager duties include managing staff, overseeing the budget, employing marketing strategies, and many other facets of the business. General managers often report to higher-level managers or executives and supervise lower-level managers.
• Executive Director: Executive Directors work at corporations and non-profit organizations to supervise a company's administration and strategy. They build the company's leadership team by hiring for key roles and training employees to carry out their vision.

Government Jobs for MIM Graduates

MIM jobs salary varies with the experience and job position. This valuation depends on the specialisation option of the aspirant, his or her sector of employment, job profile, diligence, and dedication at the workplace as well as the seniority and experience of the aspirant.

MIM course jobs are available for graduates in the government sector as well. The job opportunities for MIM students are available in a large number of job roles owing to the diversity of education. The average MIM job salary for graduates is around INR 2 - 20 LPA (Source: PayScale). The job designations include:

Source: Payscale

Private Jobs for MIM Graduates

Students who don’t wish to pursue a government job can build a career after MIM in the private sector. The job opportunities for MIM students in the private sector are endless. The average MIM jobs salary for graduates is around INR 2 - 20 LPA (Source: PayScale). The job designations include:

Source: Payscale

Job Opportunities Abroad for MIM Graduates

There are plenty of opportunities for graduates after MIM, in the international job market. The education and information they gain are so specialised that the graduates' demand is higher than the supply. The course is designed such that every student, irrespective of their specialisation, is employable in a foreign country.

Top Companies for MIM Graduates

Below is a list of the top international companies that hire MIM Graduates:

• Barclays Bank
• Cathay United Bank
• Lloyds Banking Group
• Clydesdale & Yorkshire Bank
• Consulting - Ernst & Young
• PwC
• KPMG

Best Countries for MIM Graduates

Below is the list of top countries offering job opportunities to MIM Graduates:

• Ireland
• Netherlands
• USA
• United Kingdom
• Scotland
• Hong Kong
• UAE

Various Career Designations Abroad for MIM Graduates

Here is the list of exciting job roles that attract MIM graduates to work abroad:

• Project Manager
• Production Manager
• Operations Assistant
• General Manager
• CEO
• Assistant Manager
• Corporate Officer
• Executive Director
• Assistant to CEO, etc.

Famous Managers

There are many graduates in the field who have become famous for their contributions. Some of such famous personalities are listed below:

• Warren Buffett
• Ruslan Kogan
• Richard Branson
• Steve Jobs
• Martha Stewart

Top MIM [Masters in Management] Colleges

Mumbai University

Mumbai,Maharashtra

JBIMS Mumbai

Mumbai,Maharashtra

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MIM Fee Structure