Where Are You At On The Career Ladder?
Speaking generally, MiM students are in the early days of entrepreneurial careers and have diverse personal, cultural, and academic backgrounds. Although they might want to be leaders in the future, they’re not there yet.
MBA students, in contrast, are already at a point of professional development where making decisions that affect their companies is within grasp. Indeed, many pursue the program as an opportunity for a career change after having already experienced the business world.
MiM and MBA candidates are united by the fact they are professionally ambitious young people looking to accelerate their growth and leapfrog up the corporate ladder.
MiM students are usually between 20 and 25 years old (23 is the average). Meanwhile, the average age of an IESE MBA student is 29. So you might feel more comfortable in one group or the other.
It follows that often MiM students have just finished their college studies and may even have no professional experience. Those who have entered the world of work don’t usually have more than two years of experience in it.
Compare this with the fact that MBA candidates are required to demonstrate between three and 10 years of professional experience. When they start the program, they have, on average, worked for five years.
Aside from official certificates, the MiM IESE looks for an applicant to show strong personality, motivation, goals, and communication, and leadership potential. Is this you?
The MBA admissions team favors entrants with a keen motivation to reach their goals, confidence and leadership skills, international vision, communication and teamwork skills, and a mindset based on strong values. Are you more aligned with these values?
What Knowledge Are You Most Lacking?
MiM subjects include business analytics, product management in the digital environment, finance, negotiation, and the creation of new businesses. The program is designed to provide a solid base of business management knowledge from which to launch careers. Students will become highly familiar with solving real-life, complex problems.
The MBA’s focus leans more toward providing students with the knowledge, skills, and global mindset necessary to take on international, cross-sector managerial positions.
If you seek confidence in the corporate world, the MiM is your answer. It will guide you in the direction of having a positive impact on society and give you analytical skills and leadership talents. It has been changing students’ visions of the world and expectations of work since its inception in September 2019.
If you’re seeking a solid grounding in the basics of business management, finance, and leadership, the MBA will deliver. You will go on to acquire strategic and operational knowledge and a broader business perspective. The program prepares you just as well for being an entrepreneur as it does for triumphing in a sector-specific leadership role.
Do You Seek a Leadership Role Now?
MBA participants graduate prepared to assume leadership roles right away. Upon leaving IESE, they will be capable of directing projects and making strategic decisions.
MiM graduates will, above all, notice their newly found confidence and self-knowledge as they (re)enter the workplace. They will be aware of the particular value they can contribute, and their analytical and management skills will be a class above those of other young professionals.
Students from both programs are strongly supported by the school’s career services team as they define their professional goals and the most appropriate strategy for achieving them. Both are helped in expanding their networks and in applying for the most demanding and selective opportunities.
Ultimately, there is no set-in-stone MiM or MBA candidate. So, break the mold, but do so having done your research on what to expect. Both courses have strong selling points, and therein lies the importance of making the right choice.