Master of Management in USA

Master of Management in USA

Master of Management in USA
Sandeep NepalSun May 22 2022

A Master in Management (MiM) is a postgraduate academic degree that provides general management and organizational knowledge. Recently, MiM is taken as an affordable alternative to the MBA, for graduates from diverse disciplinary backgrounds with little or no professional business experience but who wish to build a management career.

Studying management in the USA not only gives an exposure to a multiculturally diverse environment but also teaches you know-hows of management skills.

Master of management in the USA is a 10 to 24-month course offered by some of America's top universities. The tuition for the program falls anywhere between the range of $7,000 to $79,000 per year. 

Master’s degrees in management offered by universities and colleges emphasize critical thinking and analysis, strategic planning, and personal leadership. These skills will prepare graduates to enter the business world with high-demand skills. 

Why study Master in Management in the United States?

  • The average salary after a graduate degree in management in the USA is $78,000 per year.
  • Widely recognized courses offer broad career perspectives in and outside the USA
  • Several scholarships and other funding opportunities exist
  • Graduates of Management Masters in the USA can have extensive career choices in many fields and industries such as marketing, accounting and finance, human resource, healthcare, supply chain management, consultancy, public administration and others
  • In the United States, openings for management analysts are expected to grow by 11% or higher between 2018 and 2028, according to the U.S. Bureau of Labor Statistics' Occupational Outlook Handbook (2019)

Top Universities for Master’s in Management in the USA

The USA has some of the best universities for Masters of Management. The courses are commonly available as a Master of Science in Management or a Master’s in Management.

University

Program

University of Michigan

Master of Management

Columbia University

Master of Science in Sustainability Management

Yale University

Master of Advanced Management

San Diego Global Knowledge University

Master of Science in International Management

Georgetown University

Master of Science in Management

Dallas Baptist University

Master of Science in Management

University of South Florida

Master of Science in Management

University of Holy Cross

Master of Science in Management

Warner University

Master of Science in Management

Calumet College of Saint Joseph

Master of Science in Management

George Mason’s University

Master of Science in Management

Arizona State University

Master of Science in Management

Seton Hill University

MBA in Management

Stevens Institute of Technology

Masters in Management

Master of Management in the USA: Tuition fees and Course Duration

Depending upon the length of the program offered by the universities, the cost of a Master’s of Management in the USA for international students is as follows:

University

Course Duration

Tuition fee per year

University of Michigan

10 months

$54,985

Columbia University

1.5 years

$58,272

Yale University

9 months

$79,000

San Diego Global Knowledge University

1.5 years

$16,200

Georgetown University

10 months

$56,000

Dallas Baptist University

1.5-2 years

$21,186

University of South Florida

1 year

$ 31,728

University of Holy Cross

14-19 months

$15,862

Warner University

2 year

$7,200

Calumet College of Saint Joseph

16 months

$20,500

George Mason’s University

11 month

$53,000

Arizona State University

1 year

$13,032

Seton Hill University

1 year

$32,000

Stevens Institute of Technology

12 months

$39,406

Master in Management in the USA: Admission Requirements

University of Michigan

  • Language test: TOFEL score of 100 or an IELTS score of 7.0.
  • Requirements: A bachelor's degree.
  • GRE/GMAT is recommended. GRE/GMAT is waived for applicants with a GPA of 3.3 or higher in the final three years of the study. 

Columbia University

  • Language test: A minimum TOEFL iBT score of 100 or an IELTS score of 7.0.
  • Requirements:  A bachelor's degree.
  • GRE is not required.

San Diego Global Knowledge University

  • Language test: TOEFL iBT score of 71 or PBT score of 60 or an IELTS score of 6.5.
  • Requirements: A bachelor’s degree.

Georgetown University

  • Language test:  TOFEL score of 100 or an IELTS score of 7.5 or PTE score of 68.
  • Requirements: A bachelor’s degree from an international college or university.
  • GRE/GMAT is recommended. GRE/GMAT is waived for applicants with a GPA of 3.2 or higher in the final three years of the study. 

Dallas Baptist University

  • Language test:  TOFEL score of 79 or an IELTS score of 6 with a minimum band score of 5.5 in each section or a PTE score of 53.
  • Requirements: A GPA of 3.0 with + 5 years of Applicable Work Experience or a GPA of 3.4 is required.

University of South Florida

  • Language test: TOFEL score of 79 or an IELTS score of 6.5 or PTE score of 53.
  • Requirements: A bachelor's degree with a minimum GPA of 3.00 out of 4.0. 
  • GRE/GMAT is recommended. 

University of Holy Cross

  • Language test:  TOEFL iBT score of 79 or PBT score of 550.
  • Requirements:  A bachelor's degree with a minimum GPA of 3.00 out of 4.0.

Warner University

  • Language test: TOFEL score of 61.
  • Requirements: An academic transcript with a minimum GPA of 3.0 out of 4.0.

Calumet College of Saint Joseph

  • Language test: TOFEL score of 68 or higher or an IELTS score of 6.0 or higher.
  • Requirements: A bachelor's degree with a minimum GPA of 3.00 out of 4.0.

George Mason’s University

  • Language test: TOFEL score of 68 or higher or an IELTS score of 6.0 or higher.
  • Requirements: A bachelor's degree from a reputed university
  • Must be a non-business major.
  • No more than 2 years of work experience.

Master of Management in the USA: Scholarships

Different types of scholarships, awards, fellowships, and bursaries are available to international students in US universities. Besides the scholarships, you can also take on graduate assistantships that would be more helpful through your studies.

In the table below, you will have a glance at different scholarships and fellowships provided by some of the universities. 

University

Scholarship

Amount

Georgetown University 

GU Liberal Arts and STEM Scholarships

$10,000

University of South Florida

Ann Winch Fellowship

$1000

Calumet College of Saint Joseph

Presidential Scholarship

$5000 annually

Seton Hill University

Peace Corps Coverdell Fellows Program

Up to 30% tuition discount

Job and Scope after Master of Management in the USA

Management is a cross-cutting area of both study and work. There is no sector in the job market that does not require managerial learnings and skills. The Master of Science in management includes the essential academic preparation for students who are interested in pursuing professional careers in diverse roles and industries, focusing on practical, universal business knowledge. 

In this backdrop, one can find employment in any sector ranging from manufacturing, health care, education, technology or finance proves the scope of a management degree to be vast. The average salary is $78,000 per year.

Potential career choices for management graduates in the USA include, but are not limited to:

  • human resources specialist
  • logistics manager
  • marketing associate
  • sales manager
  • marketing managers 
  • account managers
  • financial analysts
  • budget strategists
  • business consultants
  • investment brokers
  • investment manager

Likewise, some top recruiters for professionals holding Masters in Management in US are: 

  • McKinsey & Company
  • Deloitte
  • IBM
  • Citi
  • Oracle
  • Bank of America
  • Apple
  • Macy’s
  • Bain & Company
  • Amazon 
  • Boston Consulting Group 
  • HSBC 
  • Oliver Wyman 
  • Deloitte 
  • Goldman Sachs 
  • J.P.Morgan 
  • Roland Berger 
  • Accenture 
  • Advancy 
  • ByteDance

Role/Positions

Range of Salary

Average Annual Salary

Human Resource (HR) Manager

$54,000 - $100,000

$74,094

Project Manager

$53,000 - $117,000

$78,261

Human Resource Director

$67,000 - $140,000

$97,905

Operation Manager

$45,000 - $119,000

$74,015

Director of Operations

$59,000 - $159,000

$98,713

Executive Director

$50,000 - $152,000

$85,510

Management Consultant

$59,000 - $133,000

$89,777

Marketing Manager

$49,000 - $102,000

$70,699

Business Manager

$38,000 - $104,000

$61,847

Account Manager

$42,000 - $103,000

$65,247

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