Hi all,
I guess most of the new applicants would be worried with this question the most, so now that we are finishing the 5th edition I thought I could share some of our experiences with you on what after the program. First of all the school all the three universities will help you a lot in finding the internships with their regulations in place off course. It has some rules to be followed if you are taking the internship/thesis with a company. After that its up to you to impress the company that you are suitable candidate for them. There is a common misconception that EU citizens would get the internships very easily compared to Non EU. But it all boils down to your skill set, experience and language ability. The language skills are very important if you wish to be employed in Europe. So please focus on your language skills dont neglect them. All most all the European firms requires either local language skills or proficiency in other European language. Some of our seniors got the jobs with the firms they did the internship, some of them went for Phd programs and some of them wanted to be entrepreneurs, from our batch we should wait and see what happens. But as mentioned everything comes down to you, you would be given a chance and its up to you to make use of it. Wish you all the best for the new applicants.. have fun... its an amazing experience....
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6 comments:
which are the european languages...they is mostly preferred....i know little bit of swedish...plz comment...
To all current students & alumni of IMIM!
The blogs posted by you guys here are both generally informative and encouraging, but they are a little too vague for IMIM aspirants.
For starters, far less number of people know about this course than the supposed glamour surrounding it warrants. Also, it is not easily found on any Management Masters Program List.
When compared with the websites of other B-Schools, the website of IMIM seems skeletal...both in structure and in information. For example, the most important segment of any B-School website is the information about Career Services offered. In this case that portion is highly non-committal and ambiguous. Who are the employers? How about campus selections? How have students from the past batches fared post-IMIM? From what backgrounds did these students come here? How many of them were funded? - There is absolutely no mention of any of this on the website.
Coming back to this blog, there is nothing mentioned about the ground realities that really matter. For instance, I have got an admit to the IMIM course but have not got funding. If I do decide to come there, I will need to depend on an educational loan close to Rs. 20 lakh (approx. 30,000 euros). In such a case, one would be more bothered about how easy or difficult it is to get odd jobs/assistantships for sustenance there, where else but for the Erasmus Mundus can we look for funding...at least partial, how is the degree welcomed, what kind of companies recruit IMIM graduates, is finding a job post IMIM going to be a tough task (given one abides by all rules of the University...as Prithvi has put it), what is the average pay package that prevails post IMIM, and most important of all - IS IT REALLY WORTH THE MONEY & TENSION? These are the things that give one confidence to pursue such courses rather than providing info about how cool the night life is and which are the most happening discos in that part of the world.
The main constraint for most people will be managing finances; everything else will fall in place once that is taken care of. That's when you start feeling so good about your course and post exclamations about your 18 month long journey and how things have changed and so forth.
So I request both students and alumni alike to give us prospective candidates an insight into all this, provide references whom we can contact and be a little more interactive in aspects that count.
In all humility,
Nagesh
Hi,
I am a current IMIM student and would be done with the program this summer.
I would like to start with a eye - opener for the people trying to pursue IMIM. This is not a program which is a substitute to MBA. Dont compare it with ANY B-School.
In the following paragraphs i would try to answer some of the questions posted.
IMIM is a five year old program without any formal career service. So the task of finding a job depends on solely your interest. However each university has the career days where you can meet the companies and try to get the contact details. I remind you that there are not campus placements ,as it happens in India, in these universities. These are career days where you can meet the company representatives and then can try to find the job.
Even we dont know the exact data about the placements and the sample set is too small to arrive at the exact details of the salaries. One piece of advise dont join the program if you have to spend 20 lakhs from your own pocket. The risk of finding the job in europe with current economic situation is not so good. I would recommend the program if you get partial scholarship (around 50% tuition waver)
As this program is mainly for people from engineering background so most of the students admitted are engineers.
I am from teh 2008-10 batch and EM scholarship was provided to around 18 of 27 total admitted. the number of scholarships have decreased (from 2008 level)for the non-eu students.
The chances of doing part-time jobs in Spain and Italy are less and practically nil if you dont know the language. The work load and the lifestyle will not allow you time to have a parttime job so be prepared with your finances.
Its not a 18-month long journey but a 22 month long as you cannot get paid for your internship/master thesis in your fourth semester.
The importance of knowing the local language is very high in EU any country u go to. but its justified in a way that you cannot get a job if you dont know english in US or UK.
Its a wonederful experience to be a part of IMIM but if there is a financial burden and a huge expectation of landing a 'B-school' job then this wont do you much good. Ofcourse, the choice of the program will depend upon the options you have. I have stated some facts and some opinions. you can post your comments here in case you want to know more.
Cheers,
Saurabh
Saurabh is correct. IMIM is not an MBA, it is a specialized management degree in industrial management. If I had to define it, it's purpose is to focus on the middle management shortage that exists throughout europe.
IMIM is a new program and new style of education that was created by the European Commission, it is experimental so there are risks. Of course the safe route is to go to an established management school program, but with IMIM you will have to decide just how much you want to make it work for you.
You have to understand that IMIM itself is not providing the education and opportunities, it is the partner universities who do that. The IMIM program is more of a facilitator to allow you to finish with degrees from the three universities. So don't look at it as just applying to IMIM, but also applying to the partner universities. If you want to look for information on the programs quality look for information on the KTH, UPM and Polimi masters programs...cause that's the degree you will be receiving.
IMIM does not have career services because it is the universities who provide it. You might be defined as an IMIM student, but really you are a student of all three universities and are free to utilize all the resources they provide. Of course as has been previously mentioned, you can better take advantage of the services offered if you speak the local language. I don't speak Italian or Sweden but while I was there I was able to be involved with the university activities and more specifically about entrepreneurship competitions.
To sum things up, don't compare the IMIM program to other programs. Compare the programs at UPM, Polimi, and KTH with other programs cause that is what you are getting. IMIM is just a middle man that allows you to enjoy all three at the same time. The same can be said about the after graduation job prospects.
I hope the above two comments would answer your questions and also to clarify one more aspect. This blog is run by students (not the IMIM program or universities) its more like journal of our activities and of how things are going in places where we are staying for the juniors and the coming batches who are going to come. Its not a marketing initiative just to attract new students its just a part of it. Its for our juniors mainly who would come to places where we have left and the information for them to have fun, instead of checking everything and reinventing wheel.
Its up to you what information you find useful and take in. If you dont find something relevant may be thats not meant at this stage when you are applying, someone else might specifically need that info.
Finally the decision is with you to come or not and up to your motivation how you could use the resources that have been given to you. No one can give statistical evidence.
Regarding some of your questions like backgrounds there is lot of info on the profiles of few of us in the blog hope you have gone through it. Regarding how many of them were funded it depends yearly on how many scholarships EU provides its not fixed number. This year for example even EU candidates are eligible for scholarships which was not there last year. so approx 10-12 for Non EU (which is rest of world) and 6- 9 for EU students. There are details of other funding in the website you could go through it. If there was any corporate funding available like partial fee reduction etc the university would let you know along with the result, had they not informed it implies that either the candidate is not eligible or they were not available. I would suggest you to read past entries first to find if there is any information relevant to you.
Could someone share experience on living expenses in these countries as a student
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