Established in 1976, Mediterranean Institute of Management is a non-profit public higher-education institution located in the urban setting of the small city of Nicosia (population range of 50,000-249,999 inhabitants). Officially recognized by the Ministry of Education and Culture of Cyprus, Mediterranean Institute of Management (MIM) is a very small coeducational Cypriot higher education institution. Mediterranean Institute of Management (MIM) offers courses and programs leading to officially recognized higher education degrees such as master degrees in several areas of study. This 46 years old Cypriot higher-education institution has a selective admission policy based on entrance examinations. The admission rate range is 30-40% making this Cypriot higher education organization a very selective institution. International applicants are eligible to apply for enrollment. MIM also provides several academic and non-academic facilities and services to students including a library, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, as well as administrative services.