Study MIM in USA: Guide on MIM in USA Requirements, Fees, Scholarships, Jobs & More

Best Universities for MIM in USA

Universities in USA are among the top for providing the best MIM courses in the country. These universities have a full-fledged curriculum consisting of different subjects and specialisations such as human resource management, business analytics, organisation management, etc. Let us take a look at some of the best universities for MIM in USA.

Universities	QS World University Ranking 2023
New York University	39
Massachusetts Institute of Technology	1
Yale University	18
Stanford University	3

 

University of Southern California	134
Columbia University	22
California State University	1201-1400
University of Michigan	25
Carnegie Mellon University	52
Northeastern University	388

Top MIM Universities in USA

There are multiple universities that offer MIM in US for international students. Some of them are mentioned below:

1. New York University
2. Massachusetts Institute of Technology
3. Yale University
4. Stanford University
5. Columbia University
6. University of Southern California
7. California State University
8. University of Michigan
9. Carnegie Mellon University
10. Northeastern University

Now let us talk about each university in detail.

1. New York University

For students pursuing MIM degree in USA, the Stern School of Business at New York University is one of the best options. The program here is designed specifically to strengthen the quantitative and computational skills of students. The total duration of the program is 10-19 months and offers a broad perspective of the management industry today.

University Type	Private
Programs Offered	MS in Organization Management and Strategy MS in Quantitative Management
Average Tuition Fees Per Year	USD 62,665 / INR 50 Lakhs

2. Massachusetts Institute of Technology

The MIT Sloan School of Management at the Massachusetts Institute of Technology gives the best MS in Management programs for students. Backed by the best faculty and programs, studying MIM at this university prepares students to broaden their horizons on different management and business-related topics.

University Type	Private
Program Offered	MS in Management Studies
Average Tuition Fees Per Year	USD 80,400 / INR 64 Lakhs

3. Yale University

Yale University offers the master of advanced management program to international students from over 27 countries. Students get guidance on different management, administration, computing, and business aspects. After the completion of the program, students can go off to work at amazing companies such as Amazon, Walmart, and Mars & Co. at top positions.

University Type	Private
Program Offered	Master of Advance Management
Average Tuition Fees Per Year	USD 67,678.20/ INR 54 Lakhs

4. Stanford University

Stanford University is counted among the most prestigious MIM universities in USA. The MS in management science and engineering combines different aspects of science, engineering, technology, and management together to upskill the students. Pursuing this program at Stanford University will enable students to make a great career ahead.

University Type	Private
Program Offered	MS in Management Science and Engineering
Average Tuition Fees Per Year	USD 87,330/ INR 69 Lakhs

5. Columbia University

Columbia University has a world-class reputation as being an ideal university for students who want to pursue MIM in USA. The Columbia Business School provides these courses to prepare students for the management-driven industry. Completing the MIM degree in USA from Columbia University prepares students in different aspects such as strategic management, human resources, etc.

University Type	Private
Program Offered	MS in Management Science & Engineering
Average Tuition Fees Per Year	USD 77,376 / INR 61.5 Lakhs

6. University of Southern California

University of Southern California is another popular name on the list of MIM universities in USA. The MIM program offered by the Marshal School of Business in this university is a full-time pre-experience program for a duration of 1 year. The curriculum provides a balance between management technology, business strategy, and advanced statistics to help students gain knowledge about a broad range of concepts.

University Type	Private
Program Offered	MS in Management
Average Tuition Fees Per Year	USD 69,036 / INR 55.2 Lakhs

7. California State University

California State University is known as one of the best research universities in USA offering the most beneficial MIM programs to international students. With this program, students can boost their undergraduate education with business expertise, management acumen, and professional knowledge. MIM students can get an interdisciplinary skill set as well as an international business perspective from this program. 

University Type	Public
Programs Offered	Masters in Healthcare Management Masters in Engineering Management
Average Tuition Fees Per Year	Healthcare Management: USD 33,156/ INR 26.5 Lakhs Engineering Management: USD 24,194 / INR 19.34 Lakhs

8. University of Michigan

The Ross School of Business at the University of Michigan is one of the leading institutions providing business programs and management courses for students. The top-ranked MIM programs incorporate action-based learning to teach students about the ever-changing business scenario. Students can gain an overall perspective of the business industry and management sector from the programs offered here.

University Type	Public
Programs Offered	Master of Accounting Master of Supply Chain Management
Average Tuition Fees Per Year	Accounting: USD 52,853/ INR 42.26 Lakhs Supply Chain Management: 48,734/ INR 38.97 Lakhs

9. Carnegie Mellon University

The Tepper School of Business at Carnegie Mellon University offers a MIM program in Product Management for international students. The program duration is for 1 year and the curriculum is STEM-designated. With this particular course, students will gain valuable insights into the product management sector which can be of help in their professional career.

University Type	Private
Program Offered	Master in Product Management
Average Tuition Fees Per Year	USD 47,000 / INR 37.58 Lakhs

10. Northeastern University

The dynamics curriculum provided by the D’Amore McKim School of Business at Northeastern University is a program for international students. They can get trained on different aspects of commerce such as finance, accounting, business management, economics, and much more. The MIM programs prepare the students for a successful future in the business field.

University Type	Private
Programs Offered	Masters in Finance Masters in Accounting
Average Tuition Fees Per Year	Finance: USD 49,200 / INR 39.3 Lakhs Accounting: USD 51,234/ INR 40.97 Lakhs

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Eligibility Criteria & Admission Requirements for MIM in USA

Students seeking admission into the top colleges and universities in USA for the MIM program will have to fulfil the MIM in USA requirements of these institutions. Here we are providing the general eligibility criteria for a better understanding.

1. Bachelor’s Degree
2. English Language Proficiency Scores
3. GMAT/GRE
4. US Visa/Passport
5. Additional Requirements

So, these are some of the requirements for MIM programs in US that international students have to fulfil for getting admission. Let’s discuss it in detail:

1. Bachelor’s Degree

For international students, it is mandatory to complete their bachelor’s degree before applying to MIM colleges and universities in USA. Students will have to score a minimum GPA of 3.0 on a scale of 4. This equates to about 83 – 86% on average.

2. English Language Proficiency Scores

International students will also need to prove their proficiency with the English language. Hence, they need an acceptable score on the different English Language Tests such as IELTS or TOEFL. The minimum requirements are:

• IELTS: 7.0 – 7.5
• TOEFL: 80 – 100

3. GMAT/GRE

Most institutes for MIM USA accept standardised test scores such as GMAT or GRE scores. The minimum scores needed by institutions might vary from one university to another. However, the average score requirements are mentioned below:

• GMAT: 700 – 770
• GRE: 300 – 320

4. US Visa/Passport

One of the mandatory MIM in USA requirements is that students will have to submit their visa and passport during application. You will require an F1 visa in order to pursue an academic course from the universities in USA. It is recommended that students apply for the USA student visa in advance to avoid any hassle during admission.

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Documents Required to Pursue MIM in USA

The following documents are essential for students to pursue a Masters in Management degree in USA.

1. Transcripts from previously attended institutions
2. 2 -5 Letters of Recommendation
3. Standardised Test Scores (GMAT/GRE)
4. English Language Proficiency Test scores
5. Copy of passport and Visa
6. Statement of Purpose
7. Proof of finances
8. Receipt of application fee payment

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Admission Process for MIM in USA

To complete the process of admission, you will have to follow the steps mentioned below:

1. Choose the MIM specialisation that you want to pursue and compile a list of universities that provide the specialisation.
2. After you select the university, check the details to see if you match the eligibility criteria for the MIM program.
3. Complete the online application and submit all the important documents such as Letters of Recommendation, academic transcripts, English language test scores, etc.
4. Pay the application fee and submit your application.
5. Once your application is processed by the university, you might be called for an interview with the authorities.
6. If you clear the interview, the university will provide an admission offer letter to you.
7. Once you receive the letter, you can book your seat at the course and pay your term fees to begin.

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Cost of Studying MIM in USA

For international students who are living and studying MIM in USA, there are certain expenses and costs that they have to bear. The overall cost of pursuing the MIM degree in US can be categorised into two sections: program fees at the university and living expenses.

1. Program Fee

Depending on the choice of university and the course specialisation, the average tuition fee for studying MIM in USA would be somewhere around USD 55000 – 80000. Some top-ranked universities might have a higher program fee based on the student perks and quality of education offered there.

2. Living Expenses

Aside from the tuition fee at the university, students also have to bear other expenses. Costs related to housing, food, transportation, entertainment, study resources, etc. take up a major part of the expenses in USA. The overall monthly expenses are around USD 1000 – 1500 for international students.

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Scholarships for MIM in US

Universities and colleges in US provide financial assistance in the form of scholarships. These scholarships are offered to international students who are pursuing the MIM degree in USA. Universities in USA offer scholarships on the basis of the academic track records and requirements of the students. Let us talk about these scholarships.

Scholarships	Eligibility Criteria	Amount/Benefits
Fuqua Merit Scholarships	Students with prior academic achievement, leadership skills community involvement, and professional experience	Waiver on tuition fees
Sloan School of Management Research Assistantship	Applicants must be participating in teaching activities at the Sloan School of Management	USD 33,924/year
Aga Khan Foundation Scholarship	Students from undeveloped nations showing excellent academic record and skills of leadership	50% waiver on tuition fees
Education Future International Scholarship	Students who are Indian nationals with over 60% in their 12th examinations	USD 3000 – 14000

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Job Opportunities After Pursuing MIM in USA

There is no limit to the career options that one can choose after an MIM degree from USA. Recruiters from top companies such as Amazon, Lockheed Martin, Allen & Hamilton, Booz, etc. are constantly on the lookout for management professionals with enough industry expertise. On average, an MIM graduate from USA earns about USD 76,000 per year. Mentioned below are some job profiles that are suited for MIM graduates.

Job Profiles	Salary Scope Per Annum (in USD)
HR Director	USD 96,000
Executive Director	USD 1,02,000
Operations Manager	USD 72,000
Project Executive	USD 78,000
HR Manager	USD 56,000

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Pursuing an MIM in USA will change your life if you are looking for a bright career in USA. With proper experience about management principles and professional expertise, students can contribute a lot into their future from an MIM degree. Seek help by choosing Yocket Premium and gain more information on MIM USA.