The course duration for a Master of Commerce in the USA ranges from 10 months to 2 years. It is either offered as a general course with different specialisation tracks or as a specialized course such as supply chain management. The annual tuition fee for the course ranges from 17,000 to 60,000 per year.
Different governmental and non-government organizations recruit program graduates for different managerial positions. The average salary of graduates of Master of Commerce in the USA is 67,000 a year.
It differs from MBA in that it is a professional course that prepares for different facets of a business. In contrast, a commerce course is a theory-based course that provides in-depth knowledge of commerce, business, economy, etc. The teachings of both graduate programs overlap a lot.
Why choose the USA for a Master of Commerce?
- A wide variety of courses, including global commerce, supply chain management, e-commerce, etc.
- International students can fund their graduate studies through scholarships and financial aid opportunities.
- Courses taught by researchers and professionals in the field.
- The program is offered by several top universities in the USA.
Top Universities for Master of Commerce in the USA
Different universities all across America offer a master of commerce program with a focus on different facets of commerce.
The increasing use of technology has also impacted commerce, and to cater to this, multiple universities are offering a program on e-commerce and technology commercialization.
The following table lists universities with masters of commerce in the USA.
University |
Program |
University of Southern California |
MS in Global Supply Chain Management |
Michigan State University |
Master's In Supply Chain Management |
University of Virginia |
MS in Commerce |
University of Michigan-Ann Arbor |
Master of Supply Chain Management |
University of Illinois- Chicago |
Master of Science in Supply Chain and Operations Management |
Northeastern University |
Master of Science in Commerce and Economic Development |
Rensselaer Polytechnic Institute |
Master of Science in Technology Commercialization and Entrepreneurship |
The University of Texas at Austin |
M.S. in Technology Commercialization |
George Mason University |
Master’s in International Commerce and Policy |
Claremont Graduate University |
MS in Global Commerce & Finance |
Fairleigh Dickinson University |
MS E-Commerce |
|
Tuition fees for Master of Commerce in the USA
The following table shows the indicative tuition fee per year for the course offered by each university:
Universities |
Course Duration |
Annual Tuition Fee |
University of Southern California |
1.5 year |
42,000 |
Michigan State University |
1.75 year |
32,914 |
University of Virginia |
10 months |
47,950 |
University of Michigan-Ann Arbor |
10 months |
59,128 |
University of Illinois- Chicago |
1 year |
33,938 |
Northeastern University |
1.5-2 years |
21950 - 29,270 |
Rensselaer Polytechnic Institute |
2 years |
49,520 |
The University of Texas at Austin |
1 year |
53,000 |
George Mason University |
2 years |
27,230 |
Claremont Graduate University |
1.5 years |
47,520 |
Fairleigh Dickinson University |
1.5 years |
17,000 |
Entry Requirements For Master of Commerce in the USA
University of Michigan-Ann Arbor
- Transcript of the Undergraduate degree evaluated by the WES
- GRE or GMAT score
- TOEFL score of 100 or IELTS score of 7.0
University of Virginia
- Undergraduate degree in engineering, science, or liberal arts. One with an undergraduate major in business is not eligible for this course
- SAT, MCAT, and ACT scores are accepted but not mandatory for 2022-2023
- A minimum TOEFL score of 100 or an IELTS score of 7.5 is required.
Claremont Graduate University
- A bachelor's degree from a recognized institution
- GRE is not required but can submit if the applicant has taken the test
- For international students from a non-English speaking country, a TOEFL score of a minimum of 100, an IELTS score of 7.0, or a PTE score of 66 is required.
Michigan State University
- An undergraduate degree with a GPA of at least 3.0 on a 4.0 scale from a nationally recognized university
- At least two years of work experience in supply chain management
- IELTS score of 6.5 overall, TOEFL score of 88, or PTE score of 59 overall for proof of English language
Rensselaer Polytechnic Institute
- Must hold an undergraduate degree or equivalent
- TOEFL score of 88 or higher, IELTS score of at least 6.5, or PTE score of at least 60 is required.
- GRE or GMAT score
Fairleigh Dickinson University
- A bachelor’s degree from an accredited institution
- TOEFL score of 70 or higher, IELTS score of at least 6.0, or PTE score of at least 53 is required.
Northeastern University
- An undergraduate degree from an accredited institution
- IELTS score of 6.5 with no band less than six or TOEFL score of 79 with at least 20 in writing or PTE score of 53 overall
The University of Texas at Austin
- Undergraduate degree
- TOEFL score of 79 or IELTS score of 6.5
- GRE score required
University of Illinois- Chicago
- A bachelor's degree in any discipline with a 3.0 out of 4.0 GPA.
- GRE/GMAT score (waived for Fall 2022) required. The score validity is for five years.
- For proof of English language proficiency, any of the following test scores can be presented
- TOEFL score of overall 80 with at least 21 in writing, 17 in listening, 19 in reading, and 20 in speaking
- IELTS score of 6.5 overall with no band less than 6.0
- PTE score of 54 overall, with at least 47 in listening, 56 in writing, 51 in reading, and 53 in speaking
University of Southern California
- An undergraduate degree with a competitive GPA score
- 1-2 years of work experience
- GRE/GMAT score required for on-campus study
- TOEFL score of 90 overall with at least 20 in each section or IELTS score of 6.5 overall with at least 6.0 in each band or PTE score of 61 overall with at least 53 in each band
STEM designation of Master of Commerce programs
Mostly master of Commerce in the US is offered as an MS program, which is STEM-designated and very helpful for students. Generally, the student gets one year of OPT, which helps get professional experience in the US. For STEM-designated courses, students get two years of OPT extensions, thus, a total of 3 years. However, master of commerce courses offered as MCom is not stem designated.
Scholarship and Financial Aid:
Limited scholarships are available for the Master of Commerce in the USA. The universities offer these scholarships on a merit basis.
However, other funding and financial aid opportunities exist for international students in US universities. Since the master of commerce is working professionals with an undergraduate degree, they can find different on-campus jobs.
The assistantship is a standard method of funding graduate studies for international students. Besides this, some universities offer fellowship programs for master students as well, which covers all the tuition and other fee and also provides a stipend.
University |
Scholarships/Awards |
Amount |
The University of Texas at Austin |
The George Kozmetsky Tuition Waiver |
10,000 paid evenly across three semesters |
Northeastern University |
Double Husky Scholarships |
Up to 25% of tuition fee reduction |
Rensselaer Polytechnic Institute |
Rensselaer Graduate Fellowships |
Full stipend with tuition and other fee coverage |
University of Michigan-Ann Arbor |
Scholarships for Master of Supply Chain Management (MSCM) Students |
NA |
University of Virginia |
Departmental Scholarships |
5000 - 25,000 |
|
Scope of Master of Commerce in the USA
The average salary of graduates of MS in commerce in the USA is 67,000 a year. The graduates of the master of commerce are hired by any private, government, and not-for-profit organizations.
Most universities in the USA have departments that guide career selection and an alumni network that helps land the first job after graduation.
The following table shows the range and average salary of different roles assumed by the graduates of the Master of Commerce in the USA.
Role |
Average Annual Salary in USD |
Business Operations Manager |
63,683 |
Data Analyst |
67,267 |
Commercial Credit Analyst |
56,760 |
Financial Analyst |
63,188 |
Associate Project Manager |
63,683 |
Investment Banking Analyst |
53,776 |
Marketing Data Analyst |
66,351 |
Research Analyst |
58,437 |
Marketing Director |
56,962 |
Management Consultant |
66,132 |