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STEM MBA in USA 2024: Fees, Duration, Cheapest Universities
Edited By Porishmita Paul | Updated on Jul 31, 2024 05:45 PM IST
STEM programmes in USA are the most popular courses among international students due to the expanded career opportunities, higher earning potential, post-study work facilities, specialisations, and industry collaborations. STEM MBA in USA includes programmes in Science, Technology, Engineering, and Mathematics. The average course duration for a STEM MBA in USA is 1-2 years. In recent years, STEM MBA programmes gaining popularity in the USA due to their advanced technological approaches, specialised course curriculum, and high job satisfaction.
This Story also Contains
- STEM MBA in USA 2024: Highlights
- Why Study a STEM MBA in USA?
- Eligibility Criteria for STEM Courses in USA
- Admission Process for STEM MBA Courses in USA
- Top Universities for STEM MBA in USA
- Cheapest STEM MBA in USA
- STEM MBA in USA Without GMAT
- STEM MBA in USA Fees
- Scholarships for MBA STEM Courses in USA
- Career Prospects After Studying STEM Courses in the USA
The eligibility criteria for STEM MBA in America are quite similar to traditional MBA courses. International students should complete a bachelor's degree with a strong GPA to apply for top STEM MBA programmes in USA. Additionally, qualification for standardised tests like SAT, ACT, GRE, and GMAT can boost your chances of getting admission to top universities in USA. Some popular universities in USA offering STEM MBA courses in USA include Harvard University, Stanford University, Columbia University, Rice University, etc.
The average STEM MBA in USA fees is USD 60,000 to USD 90,000 per annum. Meanwhile, the average STEM MBA salary in USA is around Rs. 10461000 - 10879000 for freshers. This indicated a high rate of ROI for international students. However, there are scholarships and student grants available for international students that help applicants manage their sustenance in the country. Read the complete article to learn more about STEM MBA in the United States and more information.
STEM MBA in USA 2024: Highlights
Particulars | Details |
Programme offered | STEM Masters in Business Administration |
STEM MBA in USA fees | USD 60,000 to USD 90,000 |
Top STEM MBA Universities |
|
Exams Required | GMAT, GRE, IELTS, TOEFL. SAT, ACT |
Scholarships for STEM MBA in USA for Indian students |
|
Average STEM MBA Salary in USA | Rs. 10461000 - 10879000 |
Why Study a STEM MBA in USA?
Studying any degree in USA with a strong skill set in science, technology, engineering, and mathematics can be very beneficial to students who wish to plan a future career in business and management. Apart from learning advanced skills and knowledge in business management, some other benefits of studying STEM MBA in USA are as follows:
STEM MBA programmes in USA are globally recognised and have received accreditation from various world organisations.
Pursuing a degree in science, technology, engineering, and mathematics can open a variety of career opportunities in industries like technology management, data analytics, consulting, finance, healthcare, and entrepreneurship.
Students can apply for part-time study options in STEM MBA USA.
The Return on Investment (ROI) for STEM MBA in USA is comparatively higher than many traditional business courses.
International students can be eligible for a 24-month STEM OPT extension in the USA.
Candidates can get the chance to work with top global companies like Google, Amazon, Microsoft, etc.
Also Read:
Eligibility Criteria for STEM Courses in USA
Some common eligibility requirements to study STEM MBA courses in USA are as follows:
Students must get a strong GPA.
English language tests like IELTS, TOEFL, etc, are compulsory.
GRE or GMAT scorecards.
Some universities demand prior work experience in relevant fields of study.
A valid USA student visa.
SAT or ACT scores.
Note: The eligibility requirements for top STEM MBA courses in USA may vary for different universities. Check for the latest guidelines on eligibility criteria on the official website of your selected university.
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Admission Process for STEM MBA Courses in USA
The STEM in USA admission process is quite similar to the regular MBA programmes in USA. If you are an international student, follow the below-mentioned process to apply for a popular STEM MBA in USA.
Shortlist top-ranked STEM MBA universities in USA for admission.
Gather important information regarding admission deadlines, eligibility criteria, and admission process.
Visit the university’s official website to submit the online application.
Submit all the required documents.
Keep track of your application status for further information.
Once you receive an acceptance letter from the university, confirm your acceptance and finish the enrolment process on time.
Apply for an F-1 student visa USA for STEM-accredited courses in USA.
Top Universities for STEM MBA in USA
Here’s a list of top colleges in USA for STEM courses in MBA along with their QS Global MBA Rankings 2024.
Top STEM MBA Universities in USA
University Name | QS World University Ranking 2024 |
Harvard Business School | 3 |
1 | |
16 | |
43 | |
Columbia Business School | 7 |
86 | |
Ross School of Business | - |
The Fuqua School of Business | 23 |
6 |
Cheapest STEM MBA in USA
STEM MBA in USA generally have higher fees due to their specialized course curriculum. Therefore, finding an affordable STEM MBA in USA is very challenging for international students. Meanwhile, students should consider factors like programme type, university location, programmes mode, and financial aid to choosing the best low-cost STEM MBA in USA. Some popular cheapest STEM MBA in USA universities are as follows:
Texas A&M University
STEM MBA in USA Without GMAT
Is GMAT required for STEM MBA? GMAT is an optional criterion to study STEM MBA in USA for international students. Top universities in USA including Harvard, MIT Sloan, Stanford, Yale, etc, consider GMAT scores as a mandatory eligibility requirement to admit potential students. Whereas, many universities accept alternative assessments or waive GMAT to enrol students in various STEM courses. Some popular universities offering STEM MBA in USA for international students without GMAT include Kellogg School of Management, Rutgers Business School, Colorado State University, Columbia Business School, and others.
However, due to the high demand for STEM MBA courses in USA, getting into a STEM course without GMAT can be challenging for international students. To increase the chances of getting selected in top-ranked US universities, students can consider the following alternatives for GMAT:
Appear for GRE test 2024.
Gather relevant work experience to strengthen the application.
Complete your undergraduate degree with a strong GPA.
Provide letters of recommendation from influential personalities.
Write a strong essay demonstrating your skills and understanding of the subject.
STEM MBA vs. Traditional MBA in USA
Particulars | STEM MBA | Traditional MBA |
Curriculum | Emphasises analytical, technical, and quantitative skills | Emphasises general business management skills |
Key Courses | Data Analytics, Information Systems, Supply Chain Management, Finance, Business Statistics | Marketing, Human Resources, Strategic Management, Operations, Finance |
Job Market | Common roles include product manager, business analyst, and technology consultant | Diverse career paths including finance manager, marketing director, and operations analyst |
Salary | Starting salary Rs. 10461000 - 10879000 | Starting salary Rs.50,08,800 |
Employers | Tech companies (Google, Amazon, Microsoft), Financial institutions (Goldman Sachs), Manufacturing firms (General Motors) | Consulting firms (McKinsey, BCG), Financial institutions, Marketing firms, Healthcare organisations |
Networking Opportunities | Access to tech-focused events, hackathons, and industry conferences, fostering connections with tech leaders. | Networking events cover a broad range of industries, offering opportunities to connect with professionals from various backgrounds |
STEM MBA in USA Fees
The average STEM MBA cost in USA typically ranges from USD 50,000 to USD 90,000 per year. The estimated cost of STEM MBA in USA can vary significantly depending on the university, location, and programme curriculum. Additionally, students require approximately Rs. 167000 per month to cover accommodation, meals, transportation, books, and other living expenses. Also, learn more about living expenses in USA for international students.
Cost of Living in US
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 |
Scholarships for MBA STEM Courses in USA
Here’s a list of popular scholarships in USA for Indian students to apply for STEM MBA courses:
Joseph Wharton fellowships
Inlaks scholarship
National Overseas Scholarship
Kellogg Scholarship
Also Read: Scholarships for International Students in USA
Career Prospects After Studying STEM Courses in the USA
STEM programmes in USA offer plenty of job opportunities for skilled workers. Due to the high demand for qualified workers, pursuing a STEM MBA in USA can be very advantageous for overseas students. As per the latest reports, the average STEM MBA salary in USA is around Rs. 10461000 - 10879000 in diverse areas. Employers can increase their earnings in many fields with more years of experience and earned skills.
Jobs After STEM MBA in USA for International Students
Job titles | Average annual salaries (INR) |
Chemical Engineer | 8260000 |
Mechanical Engineer | 7239000 |
Civil Engineer | 7423000 |
Physicist | 17072000 |
Computer Scientist | 13139000 |
Architect | 0042000 |
Biochemist | 15817000 |
Statistician | 11214000 |
Aeronautical Engineer | 8452000 |
Chemist | USD 192,000 |
Also Read:
Frequently Asked Questions (FAQs)
1. Are there STEM MBA in USA?
Yes, USA offers numerous STEM MBA in USA. The average course duration for a STEM MBA in USA is 1-2 years. A few popular universities that offer STEM MBA in USA are Harvard University, Stanford University, Columbia University, Rice University, etc. The STEM MBA in the United States gaining more popularity in recent years due to its advanced technological approaches, specialised course curriculum, and high job satisfaction.
2. Is STEM MBA from USA worth it?
Yes, STEM MBA from USA is worth it for international students. STEM MBA programmes in the United States offers starting salary packages of Rs. 10461000 - 10879000 in diverse job sectors. Also, universities in USA offering STEM MBA to international students offer high rates for graduate employability.
3. Which is the cheapest STEM MBA in the USA?
A few cheapest STEM MBA in the USA universities for international students are the University of Illinois at Urbana-Champaign, University of Michigan - Ann Arbor, Purdue University, Texas A&M University, Arizona State University, etc. These universities offer high-quality MBA programmes with affordable tuition fees and miscellaneous expenses.
4. What is the salary after STEM MBA in USA?
The average salary after STEM MBA in USA is around Rs. 10461000 - 10879000 in diverse job sectors. This is the average salary range for fresher graduates. The salary range increases with the years of experience and skill development of the employees.
5. Does Harvard offer STEM MBA?
Yes, Harvard University offers multiple STEM MBA programmes for international students. The duration of STEM MBA programmes at Harvard University is 1-2 years. The Harvard Business School (HBS) has reclassified MBA courses to qualify as a science, technology, engineering, and mathematics (STEM) degree from the class of 2025 and onward.
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Nov 21, 2024
Questions related to
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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