expert
Expert with best answer

Alessandro

100% Recommendation Rate

60 Meetings

789 Q&A Upvotes

USD 139 / Coaching

MBA vs MiM

Anonymous A asked on Nov 16, 2018

Hello

I'm thinking about to get a good business education on top of my engineering degree because I can't imagine to work my whole life as an engineer. I enjoy it but my end goal is to become one day a CEO of a big company or maybe to start my own company and to be successful (EBITDA > 5 Mio. $) with it . I don't have much work experience and I don't want to wait 2-3 years to start an MBA program for this reason i thought maybe an Master in Management for example this program: https://www.london.edu/programmes/masters-courses/masters-in-management could be a good fit.

Would you recommend an MBA or an MiM or are both similar? I know that MBA grads have much more work experience and the network opportunities are better. But my goal is to learn the business side of things.

(edited)

2 answers

  • Upvotes
  • Date ascending
  • Date descending
Best Answer
Alessandro
Expert
replied on Nov 17, 2018
Bain & Company | University of Cambridge | CV/Resume writing | 770 GMAT
Book a coaching with Alessandro

100% Recommendation Rate

60 Meetings

789 Q&A Upvotes

USD 139 / Coaching

Since you are on a consulting board: why don't you try work in consulting for a few years, get your MBA (sponsored) and then later move into industry? Consulting firms love Engineering graduates, so you won't really have any advantage from having an MiM assuming your undergrad in Engineering was from a good school. You would also enter at the same level.

MBA is simply much more respected, especially in the states.

As for "learning the business side of things" you will learn a lot more actually working in consulting than you will in a master's programme.

Guennael replied on Nov 17, 2018
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
Book a coaching with Guennael

99% Recommendation Rate

243 Meetings

1,225 Q&A Upvotes

USD 319 / Coaching

I have both. MIM is typically done before work experience, and MBA after a few years. Both will teach the same material, but the MBA is more recognized / brings more value by virtue of you being able to visualize better since you've worked a few years already. The market agrees and puts a clear premium on MBA over MIM. There is no contest