Know the essential skills in management with a MIM degree from the US!

Master's in Management, or MIM, is fast becoming one of the most preferred study programs among postgraduate students. This is particularly attributed to the growing need for leaders and managers in various industries across the world. There is a dire demand for people who can make quick decisions and run a company, pushing it to achieve its common goals at the earliest. MIM courses aim at achieving just that.

The US is one of the top hubs for teaching an MIM degree to international students. This master's course spans for 1-2 years and is ideal for those who wish to learn advanced skills in management and leadership. These skills can then be practically applied to the real world in various organisations in which you work.

Why Study Master’s in Management in the US?

International students opt for MIM in the US for various reasons. Some of the pointers which makes the US one of the top study-abroad destinations in the world for MIM programs are:

  • Most MIM programs offered at US universities are STEM-based, which makes them extremely popular among international students.

  • The faculty at US universities that teach MIM courses are renowned leaders and experts in their respective fields of work.

  • Students are equipped with hands-on skills and authentic real-world experience in Management, leadership and managerial roles after completing the course. Learning at US universities is mostly a blend of theory and practice.

MIM Courses in the US for Indian Students

A Master’s in Management is one of the most popular postgraduate programs in the US . Several international students choose to apply for the course that is generally offered for 1-2 years at many US universities. Graduating from MIM courses in the US is likely to find you employment in a managerial position in the fields of Finance, Accounting, Marketing, Supply Chain and Operations Management, and more.

Cost of Studying MS in Management in the US for Indian Students

The average cost of pursuing a Master’s degree in Management at a recognised US university is estimated to be around USD 38,640 for the whole year (approx).

(Source: https://extension.harvard.edu/academics/programs/management-graduate-program/#student-story)

Note: All US universities that offer MIM in the US have different fee structures for the program. Please make sure to check with the university you apply to for its total average cost for the MIM course.

Eligibility Criteria and Admission Requirements to Study MIM in the US

International students aspiring to apply for a Master’s in Management in the US must adhere to the following admission requirements:

  • A Bachelor’s degree for 3 years is generally accepted by most US universities.

  • Copies of all official academic and diploma records obtained from all study institutions to date

  • WES Evaluation Report (in case of UG degree earned from a non-US university)

  • Certified English translation of all non-English academic transcripts must accompany original documents

  • Minimum 7.0 on the IELTS Test Report Form for all non-native applicants of the course

  • Statement of Purpose (SOP) outlining why you are a perfect fit for the program

  • Letter of Recommendation (LOR) recommending your case to the applied university

( Source: https://michiganross.umich.edu/graduate/master-of-management/admissions/application-requirements)

Top Universities / Colleges for Master’s in Management in the US

If you wish to study in the US , then you can apply for a Master’s course in Management at a top university in the country, listed below are some of your best options. The MIM colleges in the US given below are often the most preferred by most international students. Also, these colleges rank high for Business & Management Studies in QS World University Rankings 2023:

  • Harvard University

  • Stanford University

  • Massachusetts Institute of Technology (MIT)

  • University of Pennsylvania

  • Northwestern University

  • New York University

  • University of Chicago

  • Columbia University

  • Yale University

  • University of California, Los Angeles (UCLA)

Sources: https://www.topuniversities.com/university-rankings/university-subject-rankings/2023/business-management-studies?&countries=us&search=Un

Note: Find universities in the US for MIM courses with help from IDP’s study abroad consultants .

Career Prospects in the US After Pursuing MIM

MIM from a recognised US university opens up various career pathways for course graduates. Several students who complete the degree program become eligible to apply for management jobs in the US in the following roles.

  • Area Operations Manager

  • Marketing Coordinator

  • Academic Sales Manager

  • Director of Finance and Public Relations

  • Business Analyst

  • Project Coordinator

  • Strategy Consultant

  • Media Coordinator

FAQs

1. Which is better - MBA or MIM?

Both MBA and MIM have their own advantages for the student. The choice is entirely based on the student’s academic and career goals as well as budget preferences. Generally speaking, though, a MIM focuses on training students in a specialised domain after they complete their graduation. On the other hand, an MBA degree is more holistic, offering comprehensive knowledge, skills, and learning to the students and preparing them to take up leadership roles.

2. What is the duration of a Master’s in Management in the US?

The length of the program is likely to vary from one university to another and also according to its curriculum design. The average duration of the MIM program offered at most US universities is around 1-2 years.

( Source: https://www.sps.nyu.edu/homepage/academics/masters-degrees/ms-in-management-and-systems.html)

3. What is the average salary of an MIM graduate in the US?

The average pay for a graduate in MIM from a US university will likely vary from one employer to another. However, the average salary offered for a MIM job in the US is estimated to be around USD 47,418 per annum.

(Source: https://www.indeed.com/cmp/Mim-262bd82a/salaries/IT-Project-Manager?period=yearly).

4. What are the available job roles in the US after pursuing MIM?

MIM graduates in the US can opt to apply for any of the following job roles:

  • Training Manager

  • HR Manager

  • General Operation Manager

  • Business Development Manager

  • Sales Manager

5. What is the criteria to apply for an MIM course in the US?

The admission requirements for an MIM program may differ with the university you are applying to. It is best advised to check with the university you are applying to. However, some of the standard acceptable criteria required from MIM applicants include:

  • Statement of Purpose (SOP)

  • Scores for GRE/GMAT

  • Updated CV

  • Minimum 2 Letter of Recommendation (LOR)

  • Official academic transcripts

(Source: https://mitsloan.mit.edu/msms/master-science-management-studies/admissions)

6. Is MIM considered a STEM degree in the US?

Yes, several universities in the US offer MIM programs as a STEM degree.

7. Are internship opportunities provided in MIM programs in the US?

Yes, you can find universities in the US that offer internship programs to students pursuing MIM courses.

8. Can I work in the US after completing an MSc in Management?

Several companies in the US hire MS in Management course graduates once they complete their degree program.

Updated on Dec 18, 2024

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