ESCP Business School MiM Program – A Complete Guide

ESCP’s Master in Management (MiM) program stands as a prestigious choice for students seeking a comprehensive education in business management. With campuses across prominent European cities and an impressive track record, it offers a compelling platform for aspiring professionals.

In this comprehensive guide, we delve into every aspect of the ESCP MiM program, drawing insights from the Class Profile of the Class of 2024, the Employment Reports of the accomplished Class of 2022, the enriching MiM Curriculum, and the financial considerations including Fees and Scholarships. 

Additionally, we uncover the intricate details of the MiM Admissions Process, offering you a roadmap to success in securing admission to this prestigious program.

Key Information on ESCP MiM Program

ESCP MiM Class Profile

Observations:

• Global Representation: The program boasts a truly global cohort, with students hailing from diverse regions worldwide. This diverse mix not only enriches the classroom experience but also prepares graduates for the complexities of international business environments.
• Employment Success: ESCP’s MiM program maintains an outstanding record of career placement, with all students securing employment within six months of graduation. This reflects the program’s commitment to providing students with the skills and networks necessary for success in the job market.
• City-Centric Learning: Spread across major European cities, including Berlin, London, Madrid, Paris, Turin, and Warsaw, the program offers students a unique opportunity to immerse themselves in vibrant cultural and business hubs. This diverse exposure enhances students’ adaptability and cultural intelligence, essential traits for today’s global business leaders.
• Gender Balance: With a balanced gender ratio of 50% male and 50% female, ESCP’s MiM program fosters an inclusive learning environment where all voices are heard and valued. This gender parity is indicative of ESCP’s commitment to diversity and equality in education.
• Age Diversity: With an average age of 22 years on entry, the program attracts students at the outset of their professional journey, fostering a dynamic and energetic learning community. This blend of youthful enthusiasm and academic rigor creates an environment conducive to innovation and collaboration.

ESCP MiM Employment

ESCP’s Master in Management (MiM) program continues to demonstrate its prowess in preparing graduates for successful careers in the global business landscape. The 2022 employment report unveils impressive statistics and trends, showcasing the program’s impact on career outcomes and industry placements. 

Let’s delve into the key details and glean insights from the data.

Key Details

• Employment Rate – 99% found a job within 3 months of graduation
• Pre-Graduation Employment – 72% employed before graduation
• International Placements – 34% work outside of their home country

Salary Progression

• Average Salary: €93,996 three years after graduation

Job Functions

Industry Sectors

Top 10 Employers

1. BCG (Boston Consulting Group)
2. Deloitte
3. Amazon
4. PwC (PricewaterhouseCoopers)
5. Ernst & Young
6. Accenture
7. Bain & Company
8. Roland Berger
9. McKinsey & Company
10. Société Générale

Observations and Inferences:

• High Employment Rate: The MiM program boasts an impressive 99% employment rate within three months of graduation, indicating the strong demand for ESCP graduates in the job market. This underscores the program’s relevance and effectiveness in equipping students with sought-after skills and knowledge.
• Pre-Graduation Opportunities: A significant portion of students (72%) secured employment even before graduation, showcasing the proactive approach and strong networking opportunities facilitated by the program. This early placement indicates the confidence of employers in ESCP’s talent pool.
• Global Mobility: With 34% of graduates working outside their home country, the program fosters a global mindset and prepares students for international careers. This mobility reflects the adaptability and cultural intelligence instilled in ESCP graduates, making them valuable assets in an increasingly interconnected world.
• Salary Progression: The substantial average salary of €93,996 three years after graduation highlights the rewarding career trajectories pursued by ESCP alumni. This financial success is a testament to the program’s effectiveness in propelling graduates towards lucrative and fulfilling career paths.
• Industry and Job Function Trends: Consulting emerges as the dominant industry sector, with a notable presence in top employers as well. This aligns with the program’s emphasis on strategic thinking and problem-solving skills, highly valued in consulting roles. Additionally, finance remains a prominent sector, reflecting the strong finance curriculum offered by ESCP.
• Top Employers: The presence of prestigious global firms like BCG, Deloitte, and Amazon among the top employers reaffirms ESCP’s reputation for producing top-tier talent sought after by leading companies across industries. The diversity of these employers underscores the versatility and applicability of ESCP graduates in various sectors and roles.

ESCP MiM Program Structure & Curriculum

Delve into the structure and curriculum of this esteemed program to discover how it equips students with the skills and knowledge needed for success in today’s dynamic business landscape.

Program Structure Overview

The MiM program is structured around three main learning components, each designed to provide a comprehensive and enriching educational experience:

• Core Courses: The foundational pillars of intercultural management form the cornerstone of the first semester. Students delve into essential subjects to build a solid understanding of key management disciplines. For those without a business or management background, pre-term remedial courses offer an opportunity to catch up and level the playing field.
• Specializations: Following the establishment of core knowledge, students embark on specialized tracks tailored to their career aspirations. With over 60 specializations available, ranging from specific business functions to industry sectors, students have the opportunity to deepen their expertise and focus on areas of interest.
• Thematic Seminars: Throughout the two-year curriculum, students engage in thematic seminars exploring critical topics facing managers today. These immersive sessions provide a deep dive into issues such as designing Europe, digital transformation, soft skills for leaders, and business strategy simulation, enhancing students’ strategic thinking and problem-solving abilities.

Program Timeline and Structure

Flexibility and Global Opportunities

ESCP’s MiM program offers unparalleled flexibility, allowing students to study in up to four different locations, including ESCP campuses or partner institutions worldwide. This diverse learning experience fosters cultural awareness, global perspective, and adaptability, essential attributes for success in today’s interconnected world.

Examples of Study Rotation

• M1 Berlin – Berlin
• M2 Paris – London
• M1 Turin – Madrid
• M2 Paris – Berlin
• M1 Madrid – London
• M2 Partner institution double degree
• M1 London – London
• M2 Partner institution exchange semester – Paris

Internships and Hands-On Learning

Work placements, in the form of internships or short employment contracts, are integral to the MiM program, enabling students to apply theoretical knowledge to real-world scenarios. With a minimum of two work placements lasting at least two months each, students gain invaluable practical experience, clarifying their career goals and enhancing their employability.

Apprenticeship Track

For students seeking a blend of academic study and professional experience, ESCP offers an apprenticeship track. Combining in-company work experience with academic coursework, this option provides students with hands-on responsibilities under the guidance of senior managers. With fee exemption and a monthly salary provided by the company, the apprenticeship track offers a unique pathway to professional growth and development.

ESCP MiM Fees

Let’s delve into the details of the program’s fees, evaluate total costs, and explore available scholarships.

Fees Structure

The fees for the two-year MiM program starting in September 2024 are as follows:

*Includes a €1,000 service fee for both European and non-European students.

Potential additional fees may apply based on student profiles and degree awards:

• €220 per course for students requiring remedial semester courses.
• €1000 for each additional degree from an ESCP campus other than Paris.

Total Costs of Studies

It’s essential to evaluate the total costs of studies, including living expenses on different campuses. Here’s an overview of estimated monthly expenses across various ESCP campuses:

ESCP MiM Scholarships

ESCP offers both financial need-based and merit-based scholarships to support MiM students in their academic pursuits.

• Financial Need-based Scholarships: Available to eligible European and Non European students admitted through specific admissions paths. Awards are determined based on financial need and academic performance. These scholarships cover tuition fees for one academic year and are renewable upon submission of a renewal request.
• Merit-based Scholarships: Offered to Non European students admitted through designated admissions paths. These scholarships are awarded upon admission to the MiM program and cover a percentage of the first-year tuition fees.

For more information please check out this page on ESCP Scholarships.

How to Apply

Applications for need-based scholarships open in June or July preceding entry into ESCP. Candidates must submit the required documents, including financial statements and proof of eligibility, via the Registration File. Merit-based scholarships are awarded upon admission to the MiM program.

In summary, the ESCP MiM program strives to make quality education accessible through transparent fees and scholarship opportunities. By understanding the costs and available financial support, prospective students can make informed decisions about their academic journey at ESCP.

ESCP MiM Admissions

Securing admission to the ESCP Master in Management program involves a structured process encompassing online applications, motivational interviews, and careful consideration of a candidate’s academic and personal achievements. 

With various admissions pathways catering to diverse backgrounds and stringent requirements to ensure quality, ESCP MiM admissions uphold the institution’s reputation for excellence in business education. You are encouraged to navigate the admissions process diligently and present yourself as a strong contender for this esteemed program.

Let’s delve into the key requirements, deadlines, and procedures involved in securing a spot in this esteemed program.

Entry Requirements

Candidates aspiring to enroll in the Master in Management program at ESCP must meet the following prerequisites:

Application Deadlines

Prospective students are required to follow a structured application process, including specific deadlines and submission requirements:

Application Process

ESCP MiM offers several admissions pathways to accommodate candidates with diverse backgrounds and preferences:

Application Documents

Applicants are required to submit the following documents as part of the application process:

• Scan of passport or identity card
• Bachelor’s Degree Diploma or certificate of enrollment (if degree not yet obtained)
• Transcript of records from Bachelor Degree
• Curriculum Vitae (CV)
• Motivational Cover Letter
• Standardized English Test (TOEIC/IELTS/TOEFL/CAMBRIDGE)
• Standardized Management Test (TAGE MAGE/GMAT/GRE/CAT)
• Optional: Letters of Recommendation

Admissions Evaluation

The admissions process involves a thorough evaluation of candidates based on the following criteria:

• Profile Review (40%)
• Interview Performance (30%)
• Standardized English Test Score (20%)
• Standardized Management Test Score (10%)

Final Thoughts

In essence, this complete guide to ESCP’s MiM program offers you a comprehensive roadmap to success. 

By understanding the class profile, employment reports, curriculum, fees, scholarships, and admissions process, you can embark on your academic journey at ESCP with confidence and clarity, knowing that you are entering a world-class institution committed to personal and professional growth.

In conclusion, embarking on the journey towards a Master in Management (MiM) at ESCP Business School promises a rich and rewarding experience, guided by a comprehensive understanding of various aspects listed in this article.