Salaries of masters in management graduates from leading business schools who now work in finance have jumped sharply in recent months, data from the FT’s new MiM ranking shows In the latest sign of a resurgence in the sector relative to other jobs, earnings of those in banking, financial services and insurance rose 4 per cent from 2023 to an average of $88,518 in early 2024, three years after completing their degree.
MiM degrees are typically studied by graduates with no prior professional experience, and have proved increasingly popular with students as an introductory training in business. They are relatively affordable compared with an MBA and typically last for one year. Originating in Europe, the MiM has since spread more widely, with some leading US schools now starting to offer the qualification.
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