Asian Institute of Management

Quick Links: www.aim.edu.ph

PLEASE NOTE: check directly with the university for updated information: be sure to look for ‘international college’ or ‘international program’ or ‘international admissions’ for information about international students fees; if you cannot get the information or applications you require, contact universityapps@gmail.com

Location

Makati City (Manila), Philippines

Introduction

The Asian Institute of Management (AIM) was established in 1966 when Ateneo de Manila University, De La Salle College, and the Philippine Inter-University Consortium received a five-year, US$1.2 M grant from the Ford Foundation for the development of a full-time MBA program. Classes began in 1969 with the starting of the Master in Business Management program. Thanks to funds coming from various sources the Asian Institute of Management grew until today to become a well respected international graduate school of management. In 2001 AIM institutionalized the multi-school system creating four schools: Asian Center for Entrepreneurship, Center for Development Management, Graduate School of Business, and Executive Education and Lifelong Learning Center. In 2003 The Asian Development Bank (ADB) designated AIM as a Center of Excellence and a partner in knowledge creation and management. Today AIM is committed toward making a difference in sustaining the growth of Asian societies by developing professional, entrepreneurial, and socially responsible leaders and managers.

Known For

Management Master degrees

Myanmar Students at This University

coming soon…

Financial Assistance Available

The Asian Development Bank (ADB) provides a limited number of scholarships to qualified applicants each year. ADB scholarship application forms are available at the AIM Admissions Office or can be downloaded from the ADB website www.adb.org .

For the MBA program, ADB chooses a scholar each from four (4) ADB-member countries per year; for the MM, a scholar each from four (4) ADB-member countries per year; for the MDM, a scholar each from 10 ADB-member countries per year; and for MESODEV, one (1) scholar.

Other forms of financial assistance are available.

W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.

How to qualify:

The evaluation of ADB scholarship applicants will start only after they have been accepted in their chosen programs. The AIM scholarships committee prepares a shortlist of candidates, which is then forwarded to the ADB for final screening and selection. An ADB scholar must be below 35 years old, works with a PO/NGO, has not earned any master degree, and must be from an ADB member country. W. SyCip Full Scholarships are awarded to the top 5% of the incoming class and covers the cost of full program fee. W. SyCip Partial Scholarships are awarded to the next 5% of the incoming class and covers 25% to 50% of the full program fee.

AIM – SSS Student Loans:

Maximum loanable amounts

MBA I only: 70% of program fee

MBA II only: 70% of program fee

MBA I and II: 60% of first year, 50% of second year or average of 55% of total program fees

MM: 70% of program fee

Loan Conditions and Requisites:

  • Student-borrower and/or his parent(s)/spouse must be SSS members
  • Monthly amortizations are at 9% p.a., starting three months from graduation, for a period ranging from three to five years. Amortizations are secured by PDC’s
  • Two co-makers (sureties) whose monthly salary is at least four times the monthly loan amortization
  • Latest monthly salary of student-borrower is at least twice the monthly loan amortization.

Details at: http://www.aim.edu/admissions/fees.asp

Costs

For exchange rates visit www.xe.com

Master of Business Management MBA: US$24,000

Master of Management: US$14,000

Master of Development Management: US$11,000

Executive MBA: Philippine Pesos 0.7 M

Master in Entrepreneurship: if the company is a small enterprise, the fee is Philippine Pesos 425,000; medium enterprise, Php495,000; and large enterprise, Php570,000

General Application Procedure

For the MBA program, applicants are required to submit a completed application form with essay; original or certified true copy of TOR; and a letter of recommendation from a college or university professor and a similar letter from the current or former employer. He/she must pass the AIMAT (AIM Admission Test) conducted by AIM, or present a copy of GMAT result within the last 3 yrs. For the MBA program, applicants must have the following basic qualifications: He/she must have a 4-year undergraduate degree or its equivalent, have at least 2 years relevant work experience, and proficient in oral and written English.

For the MM and MDM programs, applicants are required to submit the completed application form with essay; original or certified true copy of TOR; and a letter of recommendation from the current or former employer. He/she must pass the AIMAT conducted by AIM or present a copy of GMAT result. The MM and MDM program applicants must have the following the basic qualifications: He/she must have a 4-year undergraduate degree or its equivalent, must have at least 6 years full time work experience with 3 years at supervisory or managerial level, and must be proficient in oral and written English.

For the EMBA program, applicants are required to submit the completed application form, a letter of recommendation from your immediate supervisor and a similar letter from company’s HR head or any senior management officer. Applicants will only be scheduled to take the AIMAT upon submission of the completed application forms.

For the ME program, applicants are required to submit the completed application form; original or certified true copy of transcript representing the highest educational attainment; Registration Certificate of the enterprise accompanied by a one-page profile of the company or brochure; and latest audited financial statements of the company. For ME program, one must have the following sets of qualification: student must own a business or be in a position if employed to create changes in the enterprise; applicant must have a college degree or its equivalent; must have in-depth knowledge of company’s products and services; and must be willing to divulge his/her financial statements to the AIM guru.

Exams:

AIM conducts its own test, the AIM Admission Test (AIMAT). Because of this, GMAT is not a requirement. However, if you have taken and passed the GMAT within the last three (3) years, it will also be considered in lieu of the AIMAT. We require a minimum GMAT Score of 600. The AIMAT fee is $20.00 or its equivalent in pesos. As a policy, we do not give out AIMAT results to applicants. Should the applicant pass the exam, he/she will be called for an interview at once.

Letters of Reference:

For the MBA program, applicants are required to submit a letter of recommendation from a college or university professor and a similar letter from the current or former employer.

For the MM and MDM programs, applicants must submit a letter of recommendation from the current or former employer.

For the EMBA program, applicants must give a letter of recommendation from the immediate supervisor and a similar letter from the company’s HR head or any senior management officer.

Transcripts:

Original or certified true copy of transcript of records is required in applying for the MBA, MM, MDM, and ME courses.

Visa:

AIM requires 47(A)2 visa for overseas students. This special non-immigrant visa permits the student to bring his/her spouse and children to the country. The student, furthermore, enjoys the right to be exempted from the payment of visa fees. The visa is valid only as long as you are a student of AIM. Exchange/overseas students are not required to have a working visa.

Interviews:

The score in the qualifying exam is considered along with other factors like work experience, transcript of records, and the panel interview by faculty members of AIM. For local applicants, interviews will be conducted at the AIM office. For overseas applicants, the faculty assigned to do the marketing trip will conduct the interviews. Generally, if you have two (2) below-average scores, you will not be interviewed anymore. The AIM Admissions Committee conducts interviews with almost all applicants to help them assess the applicants’ leadership, interpersonal, and communication skills.

Application Deadline:

For July 2007 applicants, the application, with request for financial and ADB scholarships, must be submitted on or before the end of February 2007. Local applicants must submit their application on or before April 2007. For overseas applicants, please contact the representative office in your area for deadline of submitting applications.

Once the Admission requirements are complete, applications are forwarded to the Admissions Committee for initial screening. Applicants recommended for interview are called to appear in an interview with a faculty member. The AIM Admissions Committee assesses the applicants’ leadership, interpersonal, and communication skills. Applicants are evaluated as well based on their overall qualifications, work experience, career plans, demonstrated managerial potential, maturity, and motivation.

Applications and interview results are re-evaluated by the Admissions Committee. The recommendation of the committee is documented and submitted to the Admissions Office. The Admissions Office will notify applicants and/or the representative offices of their application status. Those lacking requirements will be notified of their application status and lacking documents through email. The Admissions Office will send out formal acceptance letters only to those with complete documents.

Details at: http://www.aim.edu/admissions/requirements.asp

http://www.aim.edu/faqs/faqs.asp

Important Dates

Classes start every year in June or July for every program. ME could start classes in February.

For July 2007 applicants, the application, with request for financial and ADB scholarships, must be submitted on or before the end of February 2007. Local applicants must submit their application on or before April 2007. For overseas applicants, please contact the representative office in your area for deadline of submitting applications. Overseas applicants are encouraged to apply early and submit application on or before March in view of the lengthy visa processing.

The entrance test is administered from the end of October to May, one or two times a month.

Degrees Offered

Master:

MBA
Master in Management
M Development Management
Master in Entrepreneurship
Executive MBA