MIM in Israel

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College of Law & Business

Ramat Gan , Israel

MIM ( Management )

Course Level: Master's
Course Duration: 2 Years
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Why Study MIM (Master of Management) in Israel

1. Innovative Environment: Israel is renowned for its start-up culture and innovative spirit. By studying MIM in Israel, students can immerse themselves in a dynamic environment that fosters creativity and entrepreneurship. They can learn from real-world success stories and gain insights into how businesses thrive in such an innovative ecosystem.

2. Academic Excellence: Israeli universities are well-regarded globally for their academic excellence and research-driven approach to education. Pursuing MIM from these institutions can provide a strong foundation in management principles and equip students with the skills needed to tackle real-world business challenges.

3. Networking Opportunities: Israel's vibrant business community and start-up ecosystem offer abundant networking opportunities. Students can connect with industry professionals, potential employers, and like-minded entrepreneurs, creating valuable connections for their future careers.

4. Diverse and International Student Community: Israel's universities attract students from around the world, creating a diverse and multicultural student community. This diversity enhances the learning experience, fosters cross-cultural understanding, and prepares students for global business environments.

5. Focus on Technology and Innovation: Israeli universities often emphasize technology and innovation in their management programs. Students can learn how to leverage technology for business growth, making them highly adaptable to the evolving demands of the digital era.

6. Internship and Job Opportunities: Israel's strong start-up ecosystem and growing business sector offer students a wide range of internship and job opportunities during and after their MIM studies. This exposure to practical experience can significantly enhance their employability and career prospects.

7. Entrepreneurial Mindset: Studying in Israel can cultivate an entrepreneurial mindset, encouraging students to think outside the box, take calculated risks, and explore new opportunities. This mindset can be beneficial for those interested in starting their own ventures or working in fast-paced environments.

8. Cultural and Historical Richness: Besides its business advantages, Israel's rich cultural and historical heritage also offers a unique study experience. Students can explore ancient landmarks, diverse cuisines, and the warm hospitality of the local people.


MIM (Master of Management) Specializations in Israel

University

Specializations Offered

Course Duration

Estimated Tuition Fees (per year)

Tel Aviv University

Innovation & Entrepreneurship; Strategy & Leadership; Finance & Business Economics; Marketing & Data Analytics

1.5 years

Approximately $15,000 - $25,000 USD

Hebrew University of Jerusalem

Business Analytics; Innovation & Entrepreneurship; Marketing & Consumer Insights; Strategy & Leadership

1.5 years

Approximately $15,000 - $25,000 USD

IDC Herzliya

Strategy & Entrepreneurship; Finance; Marketing; Organizational Behavior

1 year

Approximately $20,000 - $30,000 USD

Technion - Israel Institute of Technology

No specific specializations mentioned

1 year

Approximately $20,000 - $30,000 USD

Ben-Gurion University of the Negev

Strategy & Entrepreneurship; Finance & Data Analytics; Marketing & Consumer Insights

1.5 years

Approximately $15,000 - $25,000 USD

Bar-Ilan University

Business Analytics; Marketing & Consumer Insights; Strategy & Leadership

1.5 years

Approximately $15,000 - $25,000 USD

University of Haifa

No specific specializations mentioned

1 year

Approximately $15,000 - $25,000 USD

Ariel University

No specific specializations mentioned

1 year

Approximately $15,000 - $25,000 USD

University of Jerusalem

No specific specializations mentioned

1 year

Approximately $15,000 - $25,000 USD

Haifa University

No specific specializations mentioned

1 year

Approximately $15,000 - $25,000 USD


Admission Intake for MIM (Master of Management) in Israel

1. Application Period: The application period for MIM programs in Israel usually begins in the fall or early winter for the following academic year. It is advisable for prospective students to start preparing their application materials well in advance.

2. Application Submission: Applicants are required to submit their completed application forms, along with all the necessary supporting documents, to the respective university's admissions office. The supporting documents may include academic transcripts, letters of recommendation, statement of purpose (SOP), language proficiency test scores (if applicable), and other required documents.

3. Review and Evaluation: After the application deadline, the university's admissions committee reviews and evaluates the submitted applications. They consider various factors, such as academic achievements, work experience (if required), letters of recommendation, and the applicant's statement of purpose.

4. Interview (If Required): Some universities may conduct interviews as part of the admission process. The interview allows the admissions committee to assess the applicant's suitability for the MIM program and gain a better understanding of their motivation and career goals.

5. Admission Decision: Once the application review process is complete, the university sends admission decisions to the applicants. Accepted students will receive an offer of admission, while some applicants may be placed on a waiting list or receive a rejection.

6. Confirmation and Enrollment: Accepted students are required to confirm their acceptance of the offer and enroll in the MIM program by the specified deadline. They may also need to pay an enrollment fee or deposit to secure their place in the program.

7. Orientation and Start of the Program: The MIM program usually begins in the fall or early autumn. Universities often conduct orientation programs for new students to introduce them to the university's facilities, resources, and academic expectations.


Top 10 Universities in Israel for MIM (Master of Management)

University

Course Specializations Offered

QS World Ranking

Hebrew University of Jerusalem

Management, Business Administration, Marketing, Finance, and Strategy

161

Tel Aviv University

Business Administration, Innovation & Entrepreneurship, Finance & Business Economics, Marketing & Data Analytics, Strategy & Leadership

202

Technion - Israel Institute of Technology

Management, Business Administration, Finance, and Marketing

295

Ben-Gurion University of the Negev

Business Administration, Finance & Data Analytics, Innovation & Entrepreneurship, Marketing & Consumer Insights, Strategy & Leadership

601-650

IDC Herzliya

Business Administration, Strategy & Entrepreneurship, Finance, Marketing, Organizational Behavior

651-700

Bar-Ilan University

Business Administration, Business Data Analytics, Strategy & Leadership, Marketing & Consumer Insights

801-1000

University of Haifa

Business Administration (MBA)

801-1000

Ariel University

Business Administration, Marketing, Organizational Behavior

N/A

University of Jerusalem

Business Administration

N/A

Haifa University

Business Administration

N/A


Tuition Fees for MIM (Master of Management) in Israel

1. Hebrew University of Jerusalem: Approximately $15,000 to $25,000 USD per year for international students.

2. Tel Aviv University: Approximately $15,000 to $25,000 USD per year for international students.

3. Technion - Israel Institute of Technology: Approximately $20,000 to $30,000 USD per year for international students.

4. Ben-Gurion University of the Negev: Approximately $15,000 to $25,000 USD per year for international students.

5. IDC Herzliya: Approximately $20,000 to $30,000 USD per year for international students.

6. Bar-Ilan University: Approximately $15,000 to $25,000 USD per year for international students.

7. University of Haifa: Approximately $15,000 to $25,000 USD per year for international students.


Cost of Studying MIM (Master of Management) in Israel

Expense

Estimated Cost (per year)

Tuition Fees

$15,000 - $30,000 USD

Accommodation

$6,000 - $12,000 USD

Food

$3,000 - $6,000 USD

Transportation

$1,200 - $2,000 USD

Health Insurance

$800 - $1,500 USD

Study Materials

$500 - $1,000 USD

Personal Expenses

$2,000 - $4,000 USD

Total Estimated Cost

$28,500 - $56,500 USD


Eligibility for doing MIM (Master of Management) in Israel

1. Educational Background: Applicants are generally required to have completed a bachelor's degree from a recognized university or institution. While some MIM programs may accept applicants from diverse academic backgrounds, others may prefer candidates with a background in business, management, economics, or related fields.

2. Academic Performance: Prospective students are usually required to have a strong academic record, demonstrated through their undergraduate transcripts and GPA. Some universities may specify a minimum GPA or academic performance standard for eligibility.

3. Language Proficiency: International students, whose native language is not English, may be required to demonstrate proficiency in the English language. Commonly accepted English language proficiency tests include TOEFL or IELTS.

4. Letters of Recommendation: Applicants may need to provide letters of recommendation from academic or professional references who can attest to their academic abilities, work ethic, and potential for success in a management program.

5. Statement of Purpose: Many universities ask for a statement of purpose or personal statement as part of the application process. This is an opportunity for applicants to showcase their motivation for pursuing an MIM, their career goals, and how the program aligns with their aspirations.

6. Entrance Exams: Some universities may require applicants to take standardized tests such as the GRE or GMAT. However, not all MIM programs in Israel require these tests, so it's essential to check the specific requirements of each university.

7. Work Experience (if applicable): While MIM programs generally cater to recent graduates, some programs may consider applicants with relevant work experience. However, this is not a universal requirement for all MIM programs.


Documents Required for MIM (Master of Management) in Israel

1. Completed Application Form: Most universities will require applicants to fill out an online or paper application form with their personal and academic details.

2. Academic Transcripts: Official transcripts from all previously attended educational institutions, including undergraduate studies, are usually required. These transcripts should provide a comprehensive record of the courses taken and the grades obtained.

3. Bachelor's Degree Certificate: Applicants must submit a copy of their bachelor's degree certificate or an official confirmation of the degree completion.

4. English Language Proficiency Test Score: For international students whose native language is not English, proof of English language proficiency is often required. This can be demonstrated through scores from standardized tests like TOEFL or IELTS.

5. Letters of Recommendation: Most universities request two or three letters of recommendation from academic or professional references. These letters should provide insights into the applicant's abilities, academic performance, work ethic, and potential for success in the MIM program.

6. Statement of Purpose (SOP) or Personal Statement: Applicants are typically asked to write a statement of purpose or personal statement explaining their motivation for pursuing the MIM program, their career goals, and how the program aligns with their aspirations.

7. Curriculum Vitae (CV) or Resume: A comprehensive CV or resume that includes educational qualifications, work experience (if applicable), extracurricular activities, achievements, and other relevant information is commonly required.

8. Entrance Exam Score (if applicable): Some universities may ask for scores from standardized tests like the GRE or GMAT, particularly if they are considered as part of the application process.

9. Passport Copy: International students are typically required to submit a copy of their passport as part of the application.

10. Application Fee: Universities may charge an application fee, which is non-refundable and covers the cost of processing the application.


Scholarships for MIM (Master of Management) in Israel

1. University Scholarships: Many universities in Israel offer merit-based scholarships to outstanding students, including those pursuing MIM programs. These scholarships may be awarded based on academic achievements, leadership potential, and other criteria. Check the respective university's scholarship page for specific opportunities.

2. Government Scholarships: Some countries offer government-sponsored scholarships for their citizens to study abroad, including in Israel. Prospective MIM students should explore scholarship options provided by their home country's government.

3. Fulbright Scholarships: The Fulbright Program is an international educational exchange program that offers scholarships for students, scholars, and professionals to study, research, or teach in the United States and other countries. Check the Fulbright Program's website for information on scholarships for Israeli students.

4. Masa Scholarships: Masa Israel Journey is an organization that provides scholarships and grants to young Jewish adults to study, intern, or volunteer in Israel. They offer a range of scholarship opportunities for various academic programs, including MIM.

5. Bilateral Agreements: Some countries have bilateral agreements with Israel that provide scholarships for students to study in each other's countries. Check with your country's education ministry or relevant government agency for information on such agreements.

6. Private Foundations and Organizations: There are various private foundations and organizations that offer scholarships to international students pursuing higher education in Israel. These scholarships may be based on specific criteria, such as academic performance, leadership, or financial need.

7. Corporate Sponsorships: Some companies and organizations may provide sponsorships or financial support to employees pursuing higher education, including MIM programs, particularly if the program aligns with the employee's career development.


Jobs and Salary after MIM (Master of Management) in Israel

1. Management Consultant: Management consultants help organizations improve their performance and efficiency by providing strategic advice and recommendations. The salary for management consultants in Israel can range from approximately 150,000 to 250,000 ILS per year or more, depending on experience and the consulting firm.

2. Business Analyst: Business analysts analyze business processes, identify opportunities for improvement, and recommend solutions to enhance operations. The salary for business analysts in Israel can range from approximately 120,000 to 180,000 ILS per year.

3. Marketing Manager: Marketing managers develop and implement marketing strategies to promote products or services. The salary for marketing managers in Israel can range from approximately 150,000 to 250,000 ILS per year or more, depending on the company and industry.

4. Financial Analyst: Financial analysts analyze financial data, provide investment advice, and assess financial performance. The salary for financial analysts in Israel can range from approximately 120,000 to 200,000 ILS per year.

5. Project Manager: Project managers oversee and coordinate projects to ensure they are completed on time and within budget. The salary for project managers in Israel can range from approximately 150,000 to 220,000 ILS per year or more, depending on the industry and project complexity.

6. Entrepreneur: Some MIM graduates may choose to start their own businesses and become entrepreneurs. The income for entrepreneurs can vary widely, depending on the success and profitability of their ventures.

7. Operations Manager: Operations managers oversee daily operations and optimize processes for efficiency. The salary for operations managers in Israel can range from approximately 150,000 to 220,000 ILS per year or more, depending on the industry and company size.

8. Sales Manager: Sales managers lead sales teams, set sales targets, and develop strategies to achieve revenue goals. The salary for sales managers in Israel can range from approximately 150,000 to 220,000 ILS per year or more, depending on the industry and company.

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