Master in Management in USA

Master in Management in USA

Master in Management in USA
Manoj Dahal

The Master in Management (MIM) is a postgraduate degree that delivers broad management skills to graduates or recent graduates of non-management backgrounds with little work experience. Masters in Management degrees are typically awarded either a Master of Science or a Master of Arts. 

A Master's in Management is one of the most popular degrees among students interested in studying management in the United States. Numerous leading business schools in the USA offer Master in Management (MIM) degrees in economics, accounting, finance, supply chain management, and business analytics.

Studying management in the United States allows recent graduates to develop and improve the professional abilities required to succeed in the market. Master of management in the United States is a 10- to 24-month program offered by some of America's top universities. 

The tuition for the program ranges from $21,000 to $62,000 per year. The average wage following a graduate degree in management is $78,000 per year.

Why pursue a Master’s in Management degree in the United States?

  • MIM is a cheap alternative to costly MBA degrees.
  • Several scholarships and other funding opportunities exist for international students in the USA.
  • 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 in Management in the USA

Several top universities in the USA offer Master's degrees in management. It is commonly available as a Master of Science in Management or a Master’s in Management.

Rank

Universities

Location

Program

7

UVA McIntire

Charlottesville (VA)

Master of Science in Management of Information Technology

18

Michigan (Ross)

Ann Arbor (MI), United States

Master of Management

23

Duke (Fuqua)

Durham (NC), United States

Master of Management Studies

47

Boston (Questrom)

Boston (MA), United States

MS in Management Studies

52

Texas A&M University

College Station (TX), United States

Master of Science – Human Resource Management

57

Maryland (Smith)

College Park (MD), United States

Master of Science in Business and Management

61

Northeastern (D'AmoreMcKim)

Boston (MA), United States

MS in International Management

=64

Notre Dame (Mendoza)

Notre Dame (IN), United States

MSc in Management

=71

Muma College of Business, University of South Florida

San Francisco, United States

Master of Science in Management

73

Arizona State (Carey)

Tempe (AZ), United States

Master of Science in Information Systems Management

74

Thunderbird School of Global Management, Arizona State University

Phoenix (AZ), United States

Master of Global Management (MGM)

77

Florida (Hough)

Gainesville (FL), United States

Master of Science in Management

81

Lehigh University

Bethlehem (PA), United States

Master of Science in Management

84

Michigan State (Eli Broad)

East Lansing (MI), United States

M.S. in Management, Strategy and Leadership

Master’s of Management in the USA: Tuition fees

The cost of a Master’s of Management in the USA for international students is as follows:

Universities

Duration

Tuition fee per year

UVA McIntire

1 year

$45,938

Michigan (Ross)

10 months

$54,985

Duke (Fuqua)

10 months

$59,300

Boston (Questrom)

1 year

$61,050

Texas A&M University

1 year

$32,000,

Maryland (Smith)

1 year

$62,160

$2,072*30

Northeastern (D'AmoreMcKim)

12 or 16 months

$50,850

$1,695*30

Notre Dame (Mendoza)

11 Months

$48,000

Muma College of Business, University of South Florida

1 year

$21,126

$10,563*2

Arizona State (Carey)

12 months

$61,086

Thunderbird School of Global Management, Arizona State University

2 years

$35,000

Florida (Hough)

1 year

$40,174

Lehigh University

9 months

$52,870

Michigan State (Eli Broad)

20 Months

$33,900

$1,130*30

University-Specific Entry Requirements

UVA McIntire

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: Overall minimum score of 7.5.
  • TOFEL IBT: Overall minimum score of 100.
  • Academic requirements: Bachelor’s degree from an accredited college or university with a minimum of two years of professional work experience (post-bachelor’s degree), including significant managerial or technical involvement with IT.

Michigan (Ross)

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: Overall minimum score of 7.0.
  • TOFEL IBT: Overall minimum score of 100.
  • Academic requirements: A four-year bachelor’s degree from a regionally accredited college or university with a minimum grade of “C”. A GRE/GMAT score is required for students with a GPA score of 3.3 or lower at the undergraduate level.

Boston (Questrom)

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: A minimum score of 6.5 in each band.
  • TOFEL IBT: Overall minimum score of 90.
  • Duolingo: A minimum overall score of 110.
  • Academic requirements: A four-year bachelor’s degree from an accredited US institution or its international equivalent. GRE/GMAT score is Optional

Texas A&M University

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: Overall minimum score of 7.0.
  • TOFEL IBT: Overall minimum score of 100.
  • Academic requirements: A four-year baccalaureate degree or higher from an accredited college or university with a major in HRM, HRD, Business, Management, Psychology, Sociology, Economics, or Communications. GRE/GMAT score is required for admission.

Maryland (Smith)

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: A minimum score of 7.0, with 7 in speaking and 6.5 in other components.
  • TOFEL IBT: Overall minimum score of 96 with a minimum of 22 in speaking, 24 in listening and writing, and 26 in reading.
  • PTE: A minimum overall score of 68.
  • Academic requirements: A four-year bachelor’s degree from an accredited US institution or its international equivalent.

Notre Dame (Mendoza)

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: A minimum score of 7.0, with 7 in speaking and 6.5 in other components.
  • TOFEL IBT: Overall minimum score of 96 with a minimum of 22 in speaking, 24 in listening and writing, and 26 in reading.
  • PTE: A minimum overall score of 68.
  • Academic requirements: A bachelor’s degree in non-business disciplines from an accredited institution. GRE/GMAT score is required for students with a GPA score lower than 3.3 at the undergraduate level.

Muma College of Business, University of South Florida

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: A minimum overall score of 6.5.
  • TOFEL IBT: A minimum overall score of 79.
  • PTE: A minimum overall score of 53.
  • Academic requirements: A bachelor’s degree from a regionally accredited institution is required. A minimum GMAT score of 600 or a minimum GRE score of at least 321 and a minimum of 25th percentile in the verbal portion of the test

Thunderbird School of Global Management, Arizona State University

Possibilities for meeting the English Language Proficiency requirements include 

  • IELTS: A minimum overall score of 7.5.
  • TOFEL IBT: A minimum overall score of 100.
  • PTE: A minimum overall score of 68. 
  • Duolingo: A minimum overall score of 125.
  • Academic requirements: An undergraduate degree from an accredited university degree program. GRE/GMAT score is required for students with a GPA score lower than 3.25 at the undergraduate level.

Florida (Hough)

Possibilities for meeting the English Language Proficiency requirements include

  • IELTS: A minimum overall score of 6.5.
  • TOFEL IBT: A minimum overall score of 79.
  • PTE: A minimum overall score of 53.
  • Academic requirements: A bachelor’s degree from an accredited institution with a non-business major and a GPA of 3.0. GRE/GMAT scores are not required.

Master in Management in the USA: Scholarships 

International students can apply for various scholarships, honours, fellowships, and bursaries in the United States. Here are a few scholarships available to international students at various American universities.

University

Scholarship

Amount

UVA McIntire

McIntire Departmental Funding

$1,000 to $15,000

Duke (Fuqua)

Thomas F. Keller Scholars

Full tuition costs

The Manning Scholarship

Full tuition costs

Boston (Questrom)

Merit Scholarship

$24,000 to $40,000

Bonner Scholars

Full tuition and other costs

Maryland (Smith)

University of Maryland, College Park - Double Terp Award

$10,000

Terrapin Scholar

$2,500 - $15,000

Arizona State (Carey)

School of Business General Scholarship

$500 - $10,000

Master’s of Management in the USA: Scope

The Master of Science in Management provides students with the necessary academic background to pursue professional positions in various roles and industries, focusing on practical, universal business knowledge. A management degree has a wide range of possibilities. Career options include, but are not limited to

  • Human resources specialist
  • Logistics manager
  • Marketing associates
  • Sales manager
  • Marketing managers 
  • Account managers
  • Financial analysts
  • Budget strategists
  • Business consultants
  • Investment brokers
  • Investment manager

Likewise, some top recruiters for management professionals are: 

  • Johnson & Johnson
  • KPMG
  • Liberty Mutual
  • Olympus
  • Oracle
  • Quintiles IMS
  • Shire
  • Trinity Partners
  • Twitter
  • VistaPrint
  • AT&T
  • Athenahealth
  • Baylis Medical
  • Boston Children’s Hospital
  • Chubb

Job Title

Range

Average

Human Resources (HR) Manager

$55k - $105k

$76,242

Project Manager

$55k - $115k

$79,034

Human Resources (HR) Generalist

$45k - $77k

$58,339

Director of Operations

$58k - $167k

$100,728

Operations Manager

$45k - $122k

$74,381

Human Resources (HR) Director

$67k - $147k

$100,797

Executive Director

$49k - $145k

$82,679

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