2022-02-17 |
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MASTERS IN MANAGEMENT IN THE US

Is MiM available in USA?
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MS and ME and Masters

MASTERS IN MANAGEMENT IN THE US

 

Some universities in the United States offer a Masters in Management program that lasts up to two years. MiM focuses on leadership and management abilities through an action-based curriculum in the United States.

The management industry boasts of paying up to 128,000 USD (94 lakhs INR) per year in median salaries. Top business schools show employment rates of above 85% for MiM graduates, implying that job prospects in the United States following completion of MiM are improving.

 

#WHY SHOULD YOU STUDY MASTER IN MANAGEMENT IN THE US?

Numerous leading business schools in the United States offer internationally recognized Masters in Management degrees. It provides students with essential theoretical and practical information that prepares them for a career as a company manager in the ever-changing business environment. Other reasons why international students prefer to pursue a master's degree in management in the United States include:

  • Unlike in the United States, applicants do not require work experience to succeed in this sector.
  • In the United States, management jobs are predicted to rise by 7% from 2018 to 2028, while the national average for all occupations is only 5%.
  • By 2028, 706,900 additional jobs in management are predicted to be created.
  • Management vocations pay a median annual income of 105,660 USD. In the United States, this is the highest pay grade across all main occupational groupings.
  • According to the 2019 economic census, there are approximately 12.5 percent of management jobs accessible to international graduates.

 If you wish to study abroad, contact Grad-Dreams for the best international career plans.

#TOP UNIVERSITIES

 

University

University

Program Offered & Duration

Massachusetts Institute of Technology 

MIT Sloan School of Management

MS in Management Studies; 9 months

Stanford University

Stanford Engineering

MS in Management Science and Engineering; 1.5 years

Yale University

Yale School of Management

Master of Advanced Management; 1 year

Columbia University

Columbia Business School

MS in Management Science and Engineering; 1 year

Boston University

Questrom School of Business

MS in Management Studies; 9 months

University of Michigan, Ann Arbor

Ross School of Business

Master of Management; 10 months

University of California, Los Angeles (UCLA)

Anderson School of Management

MS in Management; 1.3 years

Duke University

Fuqua School of Business

Master of Management Studies; 10 months

New York University (NYU)

Stern School of Business

MS in Quantitative Management; 1.7 years

Northwestern University

Kellogg School of Management

The term "management" refers to the process of organizing and controlling resources to achieve specific goals efficiently and effectively. It involves planning, organizing, directing, and controlling various activities to achieve desired outcomes while ensuring the optimal use of available resources. Proper management is crucial for the success of any organization or project. It helps in achieving the desired goals and objectives while ensuring the efficient use of resources.

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#COST OF STUDYING

Pre-arrival cost

This is a one-time fee that must be paid before beginning classes at the university. The following is a list of such expenses:

The fee for applying for a student visa in the United States: is 510 USD

Fees for IELTS: 240 USD

Fees for the TOEFL: 200 USD

Fees for the GRE: 190 USD

Fees for the GMAT are $250 USD.

 

#Tuition fees

The average cost of attending top US universities is between 56,800 and 150,000 dollars. This amounts to between Rs. 41 lakhs and Rs. 1 crore for an Indian student.

 

#Cost of living

Students must choose the best possible alternative for them to stay based on the costs of house rent, meal plans, and travel charges. The following is a complete breakdown of the monthly cost of living in the United States, broken down by city:

 

Cities in the USA.

House Rent

Food

Transport (Monthly pass)

Miscellaneous

Total

Los Angeles

$2800

$500

$100

$1000

$4500

San Francisco

$3200

$500

$81

$1000

$4781

Cambridge

$2600

$300

$84

$600

$3584

New York

$3200

$650

$127

$1500

$5500

Stanford

$3000

$520

$120

$1200

$5300

Long Beach

$1700

$650

$65

$1000

$3415

Tempe

$1700

$400

$40

$700

$3000

Durham

$1500

$450

$36

$500

$2486

Ann Arbor

$1300

$400

$58

$600

$2358

 

SCHOLARSHIPS

 

University

Scholarship

Amount (in USD)

Stanford University

The Aga Khan Foundation

50% off tuition fees

Columbia Business School

Laidlaw Foundation Scholarship

7,500-30,000

Ross school of business

Ross MM Scholarship

Varies

Anderson School of Management

Education Future International Scholarship

3,000-14,000

Sloan School of Management

Research Assistantship

33,924 per year

Fuqua School of Business 

Fuqua Merit Scholarships

Waiving off tuition fees

 

#CAREER

Since the previous decade, Masters in Management has become a popular alternative to MBA among international students. International students have a good chance of finding outstanding career prospects in the United States after graduation.

 

In the United States, a graduate with a Master of Management degree earns an average salary of 76,000 USD a year. Lockheed Martin, Booz Allen & Hamilton, the US Army, and others are among the leading recruiters for this program

Read More:

  1. Why Study in USA | Top Reasons to Study in USA

  2. What are the requirements to study in the USA?

  3. How long does a US university application take?

  4. What is the structure of the education system in the United States?

  5. Which Exams Are Required to Study In The USA?

  6. Which Are The Top Courses To Study In The USA?

  7. Top Universities In The USA

  8. Cost Of Studying In The USA

  9. How can I get an opportunity to work in the USA?

  10. Which Scholarships are available for Studying in The USA?

  11. Top Cities in The USA

  12. What are the types of Student Visas for the USA?

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