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Masters in Management in USA 2024: Universities, Fees, Rankings
Edited By Porishmita Paul | Updated on Jul 11, 2024 02:46 PM IST
Masters in Management in USA is a 10-18 months postgraduate programme. This is a full-time programme offered by many top universities in USA for international students. However, international students can apply for part-time or online courses to study MIM in USA. Indian students who wish to apply for Masters in Management USA can submit their online application directly to the university's official website or can seek assistance from different agents.
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Candidates interested in applying for a MIM in USA must complete their undergraduate degrees with strong GPAs. While, not all universities demand GMAT or GRE scores to enrol prospective students, however, qualification for these tests can strengthen your application for top MIM courses. The average MIM in USA cost for international students is around USD 70,000 for top-ranked universities. These include top-tier world universities like Harvard, Stanford, MIT, Yale, and others.
Potential overseas students can apply for different scholarships and grants to manage their study requirements and cost of living in USA. MIM in USA is also well-known for its dynamic job markets and global exposure. The average salary of Masters in Management in USA graduates is around USD 50,000 to USD 100,000 per year. Students who are interested in pursuing a MIM degree in USA can read the complete article to learn more about the course, its duration, eligibility, and more.
MIM in USA 2024: Highlights
Particulars | Details |
Programme Name | Masters in Management in USA |
Programme Type | Full-time, Part-time, Online |
MIM in USA Duration | 10-18 months |
Masters in Management USA Eligibility Criteria | Bachelor's degree |
MIM in USA English Proficiency Requirements | Minimum 7.0-7.5 IELTS band, TOEFL/PTE or equivalent |
MIM in United States Cost | USD 70,000 for top-ranked universities |
Best MIM Colleges in USA |
|
Average Salary | USD 50,000 to USD 100,000 |
Standardised Test | GMAT/GRE |
Top MIM in United States Specialisation |
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MIM in USA Duration
A MIM degree in the United States lasts for generally 10-18 months for international students. The course structure and mode of study might influence the duration of MIM study in USA. Students can also apply for short-term online MIM courses in USA which generally lasts for 6 months. Some top Masters in Management in USA also offer internship opportunities to international students to gain relevant experience.
MIM Requirements for USA
For international students, Masters in Management in USA does not require any prior work experience. Any student who has completed an undergraduate degree in the relevant field can apply to study MIM in USA. Some important eligibility criteria to apply for a MIM in United States are as follows:
A bachelor’s degree from an accredited university.
Strong GPA of 3.0 or higher
GRE or GMAT scores
English language proficiency tests like IELTS, TOEFL, CAE, and PTE.
Documents Required to Study MIM in USA
Here’s a list of documents required for MIM in USA for Indian students:
English language proficiency
CV or resume
Application confirmation copy
Standardised test scores
Passport
Proof of funds
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Top Masters in Management Programmes in the US
USA offers various MIM programmes for international students in the fields of Finance, Marketing, Entrepreneurship, Data Analytics, and more. These programmes guarantee high career opportunities for international students in the global job market.
Here’s a list of the top Masters in Management programmes in the US for international students:
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Robert H. Smith School of Business
USC Marshall School of Business
W. P. Carey School of Business - Arizona State University
Also Read: Top MS specialisations in USA
MIM in USA Without GMAT
Can I study MIM in USA without GMAT? Yes, you can study MIM in USA without GMAT. However, students must demonstrate an excellent academic record, GPS grades, and relevant work experience to apply for a MIM in USA without GMAT. Many universities also consider GRE scores as an alternative to GMAT. A few popular universities in USA for MIM without GMAT are as follows:
George Washington University (School of Business)
USC Marshall School of Business
MIM in USA Cost
For international students, Masters in Management in USA is quite expensive due to its high tuition fees and living expenses in the country. The average MIM in USA cost for Indian students ranges around USD 70,000 for top-ranked universities. This cost includes the tuition fees expenses for international students and their living expenses in the country. Additionally, MIM in United States offers a high return on investment for overseas students.
Best 5 MIM Colleges in USA for International Students
University | Estimated Annual Tuition |
USD 73,000 | |
Massachusetts Institute of Technology (MIT) - Sloan School of Management | USD 78,000 |
USD 74,000 | |
USD 78,000 | |
USD 77,800 |
Cost of Living in USA for International Students
On the other hand, the average cost of living in US for Indian students is approximately Rs. 167000 per month. Which is approximately 234.2% higher than in India.
Cost of Living in USA Per Month 2024
Elements | Monthly Expenses in USD |
Accommodation | 1500 - 3000 |
Commodities (electricity, heating, cooling, water, garbage) | 100 - 300 |
Food & Groceries | 60 - 150 |
Transportation (public transit) | 150 - 200 |
Health insurance | 200 - 500 |
Internet and phone | 100 |
Books and Materials | 1000 -2000 |
Personal or Miscellaneous expenses(other than books) | 50-150 |
Entertainment | varies |
Also Read: Part-Time Jobs in USA for International Students
MIM in USA Scholarships
USA offers multiple scholarships to international students to pursue their MIM degrees in the country. These scholarships are generally funded by the government and universities. However, many external resources offer scholarships and funding for international students from all over the world. A few popular scholarships to study MIM in USA are as follows:
Ford Foundation Scholarships
Aga Khan Foundation Scholarship
Education Future International Scholarship
Also Read: Scholarships for MS in USA for Indian Students
Jobs in USA After MIM
MIM in USA has recently gained the interest of thousands of international students due to its increasing job opportunities and salary drives. The course offers exposure to international markets with potential career opportunities. The average salary of MIM in USA graduates is around USD 50,000 to USD 100,000 per year. The relevant work experience of the candidates can offer high salary hikes for international applicants. The popular job prospects of MIM in USA are as follows:
Consulting
Finance
Marketing
Operations Management
Also Read: Work After Study in USA
Frequently Asked Questions (FAQs)
1. Is a master's in management recognised in the USA?
Yes, a master's in management is recognised in the USA. It is a 10-18 months degree programme that has been recognised globally for its wide range of career prospects. Every year thousands of international students move to USA to study MIM in USA due to its quality study, high rate of ROI, and other valuable insights.
2. What is Masters in Management in USA?
A MIM in USA is a 10-18 months degree programme that offers multiple specialisations for potential learners. A MIM degree in USA is generally a full-time degree programme, however, many universities offer part-time as well as online learning options for overseas candidates.
3. How much does it cost to get a masters in management in the US?
The average cost to get a masters in management in the US ranges around USD 70,000 for top-ranked universities. Along with students will need an additional Rs. 167000 per month to manage their living expenses while living in the country.
4. Can I get a job in the USA after MIM?
Yes, you can get a job in the USA after MIM. An MIIM degree in US offers various job opportunities for international students including sectors like consulting, finance, marketing, operations management, and others.
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Get answers from students and experts
Hi there
Yes you can try to learn various courses that are for approximately 3 months to 6 months in duration.
Yes you can learn before going to us. Learning skills definitively adds some value to the life of a candidate and also improves in getting good recognition in life..
Below i have mentioned some courses that you can try before visiting us:
- Social media marketing
- Content writer
- Content creation
- Video editing
- Photography skills
- Digital marketing
- Stiching
- Makeup artist course
- Hairstyling course.
So these are some courses you can try.
Hope this answer will help you. Revert incase of any query.
Thank you and good luck:)
Anushri Varshney 12 June,2022
Hello Samarasimha,
YES, you can MS in UA after completing Bsc in Statistics. . All you have to do is score good marks in your PG and prepare for GRE. You should also decide upon the country and the university in which you are going to study.
Furthermore, the requirements to pursue MS in USA are as follows :
- 3 to 4 years bachelors degree in relevant field.
- 3.5 or higher GPA, equivalent to 87% in bachelors.
- GRE score of 330 or above.
- Statement of Purpose.
- Research Internships/ Published Research Papers.
- Project work/Seminars.
- 2-3 Letter of Recommendation.
- Social & Leadership Activities.
Further, requirements for Software jobs in USA are as follows :
- Enroll in a software development program. The first step to becoming a software engineer is to enroll in a software development degree program. ...
- Gain internship experience. ...
- Choose your specialty. ...
- Pursue industry certifications. ...
- Continue your education.
I hope that this will help.
Piyush kesarwani 13 May,2022
Dear aspirant hope you are doing well..
To study at foreign universities/abroad in U. S , the admission process will require the candidate to give one language exam and one standardized exam. However, depending on the country, course, college, or university you are applying for you may be exempted from standardized exams. The language test will showcase your English proficiency skills. These exams are required for pursuing almost all courses abroad. Different countries have different language exams such as
- TOEFL exam for getting admission to the universities in the US and Canada. The score of this exam is valid for two years after the declaration of results
- There are plenty of universities abroad where you can apply to do master-level course, MSc in statistics, MSc in Operation Research, and Applied Mathematics, MSc in Mathematical Modeling, etc are some of the Master level Course in Mathematics that are available abroad. Students who have completed their graduation or bachelor's degree in Mathematics can apply for these courses. Foreign universities like Uppsala University, Dublin City University, Oxford Brookes University, University of York, University of Liverpool, etc offer all the above-mentioned courses in mathematics.
Top university of The USA for master degree courses
- John Carroll University
- Missouri University of Science and Technology
- Michigan State University
- West Virginia University
- Rhode Island College
- University of Arkansas
- Vanderbilt University
- DePaul University
- Delaware State University
- Texas A&M University-Commerce
- University of South Florida
- California State University Northridge
You can get the detailed information about the process how to apply for MS in USA. read the given article. Link is given below
https://studyabroad.careers360.com/articles/how-apply-for-ms-in-usa/amp
Hope it's helpful for you..
Thank you
AVINASH KUMAR 23 February,2022
There are many ways to choose your university such as fees, the ranking of the university, which state it is located and scholarships. My suggestion is to choose your research focus and write academic papers. In the US, PhD in Commerce admission into the university depends on what you want to study (your area of research) and your already completed research papers. You can begin your research by searching online for US universities offering PhD in Business Administration. One example is University of California Los Angeles (https://www.anderson.ucla.edu/degrees/phd-program/admissions#app-req) .
Tabitha 08 January,2022
Hello Student
You are aBHM means Bachelor in Hotel Management so after doing BHM,to gain a bright future inthis trade you have to do MSc in Hotel Management,post graduation in Hospitality Management,Master degree in travel and tourism management,or MBA in hotel management,AFter doing post graduation in Hotel management or travel and tourism management will give you the best return in employment opportunity.
Hope this will help.
Sohamsengupta8 13 February,2022
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