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Masters in Management in USA

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By:CANAM Group
Updated On:Jan 21,2025 05:46 PM IST

Management courses are the highest opted courses after IT and Engineering in the USA.
With a minimum GPA of 3.0, you can equip yourself with abundant research opportunities and top-notch managerial skills.
MIM in the USA can help you stumble upon a few of the lucrative earning job profiles with an average annual salary of more than 80,000 USD.
MIM graduates with F1 visas can apply for OPT to earn valuable training or work experience in the USA after their studies.

Masters in Management in USA.webp

Looking for a transformative experience that hones your managerial skills and unlocks a treasure of global job opportunities? BINGO! Here's a golden gateway for you. MIM, i.e., Master’s in Management in the USA, catering to your broad career aspirations by offering specializations in different business and management domains. This two-year degree will pave the way to your childhood dreams and help you secure a lucrative career abroad.

Based on data from the International Educational Exchange, the United States is the world's leading host country, receiving more than one million students in the academic year 2022-23. Notably, the number of Indian students has increased by 35% this year, totaling over 250,000. These figures demonstrate that the United States is a popular destination for Indian students seeking educational opportunities.

Did you know that management studies are the most sought-after field in the USA, following math, IT, and engineering? Indeed, Business and Management are among the leading domains of American education.

Eager to delve deeper into the MIM program? Canam offers details and insights in the following platter of words.

MIM in USA

Many students choose to pursue their Master's in Management or other specialized business master's programs, such as MSc in Management in the USA. It's not surprising, considering that the United States is home to some of the most prestigious universities worldwide. Due to its short duration and flexibility, MIM in the USA is gaining popularity compared to traditional MBA programs.

The table below highlights the key points about the Master’s in Management in the USA:

Specifications	Description
Course Types	Part-time/ Full-time
Duration	2 years
Cost	USD 18,000- USD 55,000 annually
Specializations	Human Resource Management, Information Technology, Strategic Management, Public Relations Sports, and Project Management
Eligibility	Bachelor's with a GPA of more than 3.0+ Good score in IELTS/TOEFL + GMAT score
IELTS score	Overall score of 7.0
Part-time Work	20 hours a week
Student Visa Costs	More than USD 500

Now, before delving into the intricacies of MIM in the USA, let's first know the reasons that make the USA a top priority as a study destination for international students.

Why Study a Master’s in Management in USA?

The United States of America is a leading global hub of knowledge that boasts top-ranked universities. It is the most popular destination for international students seeking to study abroad. Studying in the USA offers several benefits, including a high standard of living and access to an advanced education system. The management courses offered in the USA are renowned worldwide for their technology-driven learning approach.

Below are the reasons why students should study for MIM in USA:

Quality education	Home to most of the world’s top-ranked universities, US universities provide high-quality education to students to help them build bright careers.
Wider choice of specialization	US universities offer a wide range of specialization courses in management. This allows students to have not only diverse options for studying but also specialized programs. So, students can choose their desired courses according to their interests and career goals.
Renowned faculty	Students who choose to pursue a MIM at US universities have the chance to learn and gain experience from highly qualified faculty members in the fields.
Research opportunities	The United States government strongly supports significant investments in technology and research. Over the years, it has become one of the best places in the world to conduct research in this area.
Top student cities	Apart from the best universities, the USA has 17 liveliest student-friendly cities, according to QS Best Student Cities 2022. These include Boston, New York, San Francisco, Los Angeles, and Chicago.

Now, that you are persuaded to start your management journey in the USA let's learn about the top American institutions you can admit in.

MIM Programs & Universities in USA

Several top universities in the USA offer Master's in Management (MIM) programs. These programs will help you gain the knowledge and skills needed to excel in your management career. Each university offers different program options and specializations. To gain admission to these universities, students must meet specific entry requirements and submit additional test scores. The table below highlights some of the top MIM universities in the USA and their average tuition costs:

Name of University	Major Programs Offered	Approximate Average Annual Tuition Fee (USD)
Arizona State University	Master of Global Management Master of Project Management Master of Science in Environmental and Resource Management Master of Science in Technology with a Concentration in Management of Technology	28,000-39,000
Florida Atlantic University	Master of Science in Information Technology and Management with a Concentration in Advanced Information Technology Master of Science in Supply Chain Management	19,792-20,000
Full Sail University	Master of Science in Sports Management	38,000-38,500
Suffolk University	Master in Management and Organizational Leadership Master of Healthcare Administration	18,000-50,000
Towson University	Master of Science in Supply Chain Management	19,200-21,000
Troy University	Master of Science in Sport Management Master of Business Administration with Concentration in Management	17,000-17,800
University of Bridgeport	Master of Science in Technology Management	16,000-16,200
University of the Cumberlands	Master of Science in Project Management Master of Science in Strategic Management	21,000-22,000
University of Massachusetts	Master of Science in Engineering Management Master of Science in Healthcare Management Master of Science in Technology Management Master of Science in Health Information Management	19,000- 36,500
University of Tampa	Master of Science in Information and Technology Management	17,000-18,000

MIM in USA Requirements

As an international student, pursuing a Master’s in Management in the USA can be an exciting journey. However, it’s essential to navigate the admission requirements. While the eligibility requirements may vary depending on the university and specialization you choose, some fundamental criteria remain constant. These basic requirements are: -

Academic Foundation	You should hold an undergraduate degree of three years or more from a recognized university.
Academic Excellence	Universities seek students who have demonstrated academic excellence. Therefore, a GPA of 3.0 or higher is typically expected.
Recent Graduates	You should have completed your undergraduate degree program within five years from the date of application.
GMAT/ Scores	Some universities may require a GMAT score. If applicable, a score of over 600 is generally considered competitive.
Language Proficiency	A minimum IELTS score of 7.0 is required to ensure your language proficiency in an English-speaking academic environment.

Remember, it’s always best to check with the individual institutions for the most accurate eligibility requirements.

Cost of Studying MIM in USA

Before commencing the management journey in the US, you must get approval from your wallet. Now, with that, we mean you should know the cost or the financial investment you need to make to study Master’s in Management in the USA. Tuition fees, visa costs, and living expenses in the USA make up the main categories of the overall cost of graduate education. The table below gives a brief of the cost of studying MIM in the USA.

Tuition Fee	On average, tuition fees for MIM programs in the USA range from $18,000 to $55,000 annually. However, these fees can vary widely based on factors such as university prestige, location, and whether the institution is public or private.
Cost of Living	The cost of living in the USA varies significantly depending on the city and lifestyle. A student can expect to spend between USD 1,400 and USD 1,800 per month on living costs in the USA. Major expenses include housing, transportation, groceries, and healthcare.
Visa Costs	Once the student clears their visa interview, they must pay the SEVIS fee, approximately $350, to get their F-1 student visa status.

Application Process for MIM in USA

Pursuing a Master’s in Management in the USA is exciting! You can complete the entire admissions process online, making your American dream a few clicks away. Check your university deadlines regularly to stay on track. The table below is a comprehensive roadmap to the admissions process for studying in the USA.

Step	Description
Select Course and University	The first step is to select a course and university that is in line with your interests and financial capacity.
Fill Out an Application Form	Once you have decided on a course and university, fill out the application form provided by the university with utmost care.
Submit Required Documents	You will need to provide the following documents: ID proofs Academic transcripts Scoresheet of IELTS, PTE, TOEFL, and GMAT/GRE (optional) Proof of funds Passport Health insurance Statement of purpose Letter of recommendation CV or resume
Fee Payment	You will find the fee payment page at the end of the submission process. Ensure that you make the necessary payment.
Apply for F-1 Visa	Once your application is accepted, you can apply for an F-1 visa to study in the USA.

Masters in Management in USA Scholarships

Studying in the USA can be expensive. However, various funding options are available, such as assistantships, scholarships, and study loans. For Indian students, obtaining a scholarship for management courses in the USA is a dream come true. Below are some of the scholarships available for MIM courses in the USA.

Scholarship	Award Amount (USD)
Fulbright Foreign Student Program	The program provides grants for tuition and fees, living, and related costs. The amount may vary.
Aga Khan Foundation International Scholarships	The scholarship is structured as half a grant and half a loan.
Fulbright- Nehru’s Master’s Fellowships	The fellowship provides J-1 visa support, round-trip economy class air travel, funding for tuition and fees, living, and related costs The exact amount is not specified and may vary.
AAUW International Fellowships	The award value for a Master's degree is $20,000 provided by the American Association of University Women (AAUW) to non-US women.
Education Future International Scholarship	Students who are Indian nationals with over 60% in their 12th examinations are eligible for the scholarship of 2-10 Lakh INR

Please note that these are general guidelines and the actual award amounts may vary based on various factors including the specific program, institution, and individual eligibility. It’s always best to check with individual scholarship providers or seek assistance from study-abroad counselors for the most accurate information.

Work Permit after Master’s in Management in USA

If you have an F1 visa, which is issued for the duration of your graduation, you can apply for an Optional Practical Training (OPT) visa extension. The main objective of OPT is to provide graduating students with an opportunity to gain work experience or pursue an internship in their field of study.

By applying for an OPT extension, you can legally extend your stay in the USA for up to 12 months. If you work in science, technology, engineering, or mathematics (STEM), you may be eligible for an additional 12-month visa extension under the STEM OPT extension, totaling up to 24 months. However, to qualify for the 12 months of OPT, you may need to re-enrol in a graduate program if you have already completed your initial OPT before graduation.

OPT allows you to work after your F1 visa expires while you search for a job and await an H1B visa, which is issued for temporary employment status in the US.

What are the job prospects after a significant investment of time and money in the American management degree? Find the compelling figures in the following section of the blog.

Job Opportunities after MIM in USA

After completing the Master’s in Management in the USA, you can access various job opportunities in the USA. Graduates with an MIM degree can earn an average annual salary between USD 78,000 and USD 80,000. Following are a few of the highest-earning job profiles after a Masters in management in the USA: -

Job Profile	Approximate Average Annual Salary (USD)
Marketing Manager	$100,000 - $150,000
Operations Manager	$70,000 - $90,000
Business Development Manager	$80,000 - $110,000
Human Resources Manager	$90,000 - $120,000
Supply Chain Manager	$80,000 - $110,000
Project Manager	$70,000 - $100,000
Management Consultant	$80,000 - $110,000

Conclusion

A Master’s in Management (MIM) degree in the USA can be a transformative experience for those seeking to excel in their careers. With a curriculum that balances theory and practice, students gain insights into industry dynamics and learn to make informed decisions.

Master’s in Management in the USA is a valuable asset that opens doors to leadership positions in prestigious organizations. It enables graduates to make meaningful contributions beyond the bottom line. So, what are you waiting for? Unlock your potential by pursuing a MIM in the USA.

You can seek guidance from expert study-abroad consultants at Canam and embark on your academic journey abroad.

FAQ

Is MIM in the USA a good degree?

Yes, pursuing an MIM degree will help you gain a broad perspective on management and business principles. Hence, it will help you create a better career for yourself.

What is the average salary for a management graduate in the USA?

The average salary earned by a graduate with a degree in Master of Management in the USA is 80,000 USD per annum.

Are scholarships provided for masters in management in the USA?

Scholarships are available for international students based on their academic merit and financial need. The scholarships may cover a part of your tuition fees.

What are the job prospects after completion of Masters in Management in the USA?

MIM graduates usually are hired for management roles such as HR Manager, Operation Manager, Project Manager, etc.

What are the admission requirements for a Masters of Management in the USA?

A bachelor's degree with at least a 3.0 GPA is required to apply for Masters in Management in the US. International students are also required to submit IELTS or TOEFL test scores to demonstrate proficiency in the English language.

How much time is required to complete a Masters in Management (MIM) in the USA?

A Masters of Management in the USA can be completed within 10 to 18 months.

Which is better - MBA or MIM?

MBA and MIM are both advantageous for students, but the choice depends on their academic and career goals and budget. MIM provides specialized training after graduation, while an MBA offers comprehensive knowledge and skills for leadership roles.

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Masters in Management in USA

Table of Contents

MIM in USA

Why Study a Master’s in Management in USA?

MIM Programs & Universities in USA

MIM in USA Requirements

Cost of Studying MIM in USA

Application Process for MIM in USA

Masters in Management in USA Scholarships

Work Permit after Master’s in Management in USA

Job Opportunities after MIM in USA

Conclusion

FAQ

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