Today, there are many business graduate programs an applicant can choose from. It's always very tough to make a choice whether to apply to a MSc Or an MiM programs because there are a lot of similar aspects in both of these paths. So the selection can be a little confusing to those that do not know what is the difference between a simple MiM and others Master programs such as Masters in Finance. 

Below are several aspects that would help you choose exactly which program is best suited for your profile, background and professional goals.  

• Master In Science

Masters In Science provide a variety of opportunities in a specific domain or a field of study. These programs are usually 18 months long, including the internship period and focuses towards the advanced level of studying for said domain or business field. Here, candidates are expected to have a great knowledge about that specific field like, marketing, data science, consulting, creative economy, accounting, etc. 

There are many business schools, each have their own admission standards and special requirements in terms of grades and work experience. For instance, to pursue masters in international business, most top business schools expect you to hold a bachelor's degree in business or commerce. 

• Master In Management

MIM, also known as Master In Management, is highly focussed at providing a great overall management education, where the student would mostly learn the basics of several business functions such as operations, marketing, finance etc. This program is often a two years journey and allows students to study every course of business in the initial two semesters and later they can go for any specialization they want. MIM is a general program where you won't really be considered as an expert in any field per se. 

Admission Requirements

To get admitted into a Masters in Management program, an applicant is often required to hold a three or four years bachelor degree in any field. The university should have all the necessary accreditations and you should also have fulfilled all the necessary criteria as stated by the university. 

The admission criteria for MSc programs is quite simple. You need a 4 years bachelors degree and you should have a basic knowledge of that field, both research aptitude and quantitative aptitude. Apart from this, some universities might have their own standards set that you would have to pass in order to get entry to this course. 

How To Decide Which Program To Choose? 

There are a plethora of points that you should consider before getting into a specific program. 

• Students are required to hold a strong commensurate background if they are planning for an MSc program. 
• If students are sure about their specialization, then they can definitely go for MSc. Else, if they aren't sure, or they just want to get a Masters degree in management then they can opt for MIM. 
• If applicants have a 4 year degree then it would be better to straightaway go for MSc program. 
• Also, if students want to pursue MBA in future, then also they can do MSc in their initial work stages. 
• Also, if applicants are determined to become specialists, then, MSc would be the best option.