A Master of Management (MIM) is a popular degree to obtain in the US among both domestic and international students. In the USA, students who pursue an MS in Management are equipped to operate as corporate managers in a variety of sectors. MIM degrees are better suited for people without any prior professional work experience who want to enter the management area.
The United States of America is home to one of the greatest economies, English is the primary language of education, and it offers a multicultural environment for pupils. As you will see below, studying MIM in the US can lead to a fulfilling profession.
Why Go to the USA to Get a Master’s in Management?
The pursuit of a MIM (Master of Management) in the US has several benefits. This is an analysis of the same:
Top rankings in the USA attest to the fact that the country is home to some of the greatest master’s programs in management in the world. Universities in the USA provide worldwide MIM degrees to candidates in addition to excellent academic and practical instruction.
In contrast to conventional MBA programs, work experience is not a prerequisite for enrollment in MIM courses. As recent grads, they can enter prosperous management careers.
across the USA, there is a huge need for management-related careers across a wide range of business sectors. The number of jobs is expected to increase dramatically during the next seven to eight years.
In the USA, management professionals make an average compensation of approximately $96,000.
Best Schools for Management Masters Programs
The extremely lucrative Master of Management degree educates students about global economics and worldwide trade. The top universities in the USA for management studies are listed below.
Cost of a Master of Management program in the United States
When it comes to the price of studying in the United States, there are a lot of factors to consider. The following expenses should be carefully considered by international students:
$160 is the cost of the student visa.
The IELTS costs $187.
$213 is the GRE exam cost.
The TOEFL exam costs $185.
$250 is the GMAT exam cost.
$150,000 to $56,800 on average for tuition
$1,500 to $3,200 per month for lodging
$450 to $500 per month for groceries
Monthly miscellaneous expenses: $500–1,000
Transportation costs ($36–127 for a monthly pass)
US Master’s in Management Admissions Requirements
The prerequisites for admission to these prestigious universities must be understood by applicants who want to enroll in a Masters in Management program in the United States.
The following are the prerequisites for MIM courses in the United States:
a bachelor’s degree with a GPA of 3.0 out of 4. That equals an average grade of 83 out of 36.
Results from the TOEFL or IELTS could be used to demonstrate English ability.
GMAT and GRE results. Without taking the GMAT, you can apply to a few US universities for a master’s degree in management. Prestigious institutions require a minimum of 375 to 790 points on the GMAT and 300 to 320 points on the GRE, respectively.
Documents Needed
Enrollment at American schools and worldwide business institutions requires a few basic documents. The necessary paperwork is enumerated below:
Recommendation letter (LOR)
All institutions will demand that applicants provide a minimum of two or three recommendation letters. Hard copies should be sent to every university you are applying to for MIM courses.
Resume or CV
A comprehensive CV that includes details about your education, professional background, and any volunteer work, extracurricular activities, and internships must be submitted.
Results of tests of English language proficiency
You also need to send your IELTS or TOEFL results. It may be necessary for international students to obtain IELTS scores in the range of 7.0 to 7.5. For those taking the test, a score between 80 and 100 is ideal.
Academic Resume
The institution advises that candidates submit official mark sheets and transcripts with valid attestation. It is necessary to have both a bachelor’s degree and a pass certificate for classes 10 and 12.
Results on Standardized Tests
If you want to study in the United States, you must submit your GMAT and GRE results.
The purpose statement (SOP)
Writing your SOP requires extreme caution. It should make plain why you choose this specific program and organization, as well as your goals for the future.
After Finishing MIM in the USA, the Scope
The Master of Management exam is highly popular among international students for a variety of reasons. First off, they don’t need any prior work experience to enter the field, in contrast to a traditional MBA. In addition, the USA offers a wide variety of employment opportunities. An MIM degree may earn a person an average salary of about $76,000, or INR 56.43 lakhs.
The federal government and Army institutes hire candidates in addition to others. The executive director, director of operations, project manager, director of human resources, operations manager, and manager of human resources are among the roles that are open. Salary for senior positions could be as high as $96,000, or INR 71.29 lakhs.
Scholarships for American master’s programs in management
Applicants can research numerous scholarship opportunities. If you are eligible, a scholarship will significantly reduce your financial load. Here are a few examples:
