leap-scholar-logo
hamburger-menu

Top Universities for Master in Management (MIM) in USA for International Students

Pursuing a Master’s in Management (MiM) in the USA offers a unique blend of theoretical knowledge and practical skills essential for leadership roles in various industries. 
 

With over 100 universities offering MiM programs, the USA is a popular destination for international students. 

 

The annual study cost ranges from INR 25L to 50L (USD 30,000 to 60,000), and the approximate monthly cost of living is around INR 2.2L. 

 

Did you know that nearly 90% of MIM graduates from U.S. institutions secure employment within three months of graduation, highlighting the strong career support and networking opportunities these programs offer?

 

So what are you waiting for? 
 

Let’s examine the requirements, costs, expected salary and scholarships for MiM in the USA.
 

MetricValue
No. of Universities in Master’s in Management in the USA100+
Approximate Annual Study Cost in Master’s in Management in the USAINR 25L to 50L (USD 30,000 to 60,000)
Approximate Monthly Cost of Living in the USAINR 1,42,800 - INR 3,10,800 (USD 1,700 - USD 3,700)
Minimum IELTS Score for Master’s in Management in the USA7.0
Minimum TOEFL Score for Master’s in Management in the USA90
Top 3 Universities
Salary RangeINR 58L to 1 Cr (USD 64,285 to 1,20,000)

Why Study a Master’s in Management in the USA?

 

Studying for a Master’s in Management (MiM) in the USA provides a comprehensive education in business management, combining theory with practical experience. 

 

The USA’s diverse academic environment, robust economy, and global networking opportunities make it an attractive destination for students aiming to excel in management roles.

 

Here is why you should pursue education in the USA (management): 

 

  • Top-Ranked Universities:
    • The USA is home to prestigious institutions such as Harvard University, Stanford University, and the University of Pennsylvania’s Wharton School, consistently among the top 20 business schools globally (QS ranking).
  • Diverse Learning Environment:
    • American universities attract students worldwide, providing a rich multicultural environment that fosters global business perspectives. For instance, MIT Sloan's student body represents over 60 countries.
  • Strong Industry Connections:
    • U.S. universities often have close ties with leading industries, offering students extensive networking and internship opportunities—for example, NYU Stern partners with top firms like Goldman Sachs and McKinsey & Company.
  • Innovative Curriculum:
    • Programs in the USA include cutting-edge courses in leadership, entrepreneurship, and technology. For instance, the University of Chicago Booth School of Business offers unique courses like Behavioral Science in Business and Entrepreneurship and New Venture Strategy.
  • High Earning Potential:
    • Graduates from top MiM programs in the USA often secure high-paying jobs. For example, graduates from Harvard Business School report starting salaries ranging from INR 1 Cr to 1.2 Cr annually.

Which are the Top 10 Universities for Master’s in Management in the USA?

 

Pursuing an MS in Management in the USA offers a blend of theoretical knowledge and practical skills to prepare students for leadership roles in various industries.

 

Did you know that QS Ranking places 16 universities in the USA under the top 50 universities worldwide?


These programs are renowned for their strong emphasis on research, specialised curriculum, and extensive alumni networks that can significantly boost career opportunities. 

 

Here is a list of the top 10 universities:

 

UniversityQS World Ranking 2025Average Tuition Fee
Massachusetts Institute of Technology (MIT)#1INR 64L (USD 77,168)
Stanford University#4INR 62L (USD 74,706)
Harvard University#6INR 63L (USD 76,000)
University of Pennsylvania (Wharton)#11INR 68L (USD 81,378)
University of California, Berkeley (Haas)#12INR 55L (USD 66,048)
Northwestern University (Kellogg)#14INR 64L (USD 76,368)
University of Chicago (Booth)#21INR 61L (USD 73,440)
Columbia University#34INR 65L (USD 77,376)
New York University (Stern)#43INR 64L (USD 76,780)
University of Michigan, Ann Arbor (Ross)44INR 60L (USD 72,114)

Note: The above costs are approximate and fluctuate based on changing currency exchange rates.

What are the Admission Requirements for a Master’s in Management in the USA?

 

With a focus on research excellence and a strong analytical foundation, MiM degrees from U.S. institutions are highly respected worldwide. 

 

While admission rates vary by institution, it is generally estimated that acceptance rates for MiM programs in the USA range from 30% to 40%, reflecting the competitive nature of these programs.

 

Here's a breakdown of the application requirements:

 

General Requirements:

 

  • Bachelor’s Degree: A U.S. bachelor's degree or equivalent from an accredited institution.
  • Work Experience: Some programs may prefer or require professional work experience.
  • English Proficiency: For international students, proof of English language proficiency through TOEFL, IELTS, or other accepted exams.

 

Document Requirements:

 

  • Academic Transcripts: Official transcripts from all previously attended universities.
  • GMAT or GRE Scores: Many programs require these standardised test scores, but some may waive them based on work experience or academic performance.
    • GMAT: 650+
    • GRE: 307+
  • Letters of Recommendation: Typically, two to three letters from academic or professional recommenders.
  • Resume or CV: Outlining academic and professional experience.
  • Essays or Personal Statements: Often required to express career goals and fit with the program.

 

Visa Requirements:

 

  • F-1 Student Visa: Required for international students.
  • I-20 Form: Issued by the university, necessary for visa application.
  • Proof of Financial Support: Evidence of sufficient funds to cover tuition and living expenses.

 

Work Permit (Optional Practical Training - OPT):

 

  • Post-Completion OPT: Allows up to one year of post-graduation work authorisation in a field related to the degree.
  • STEM OPT Extension: Eligible students in STEM fields may qualify for an additional 24 months of work authorisation.
  • Specific eligibility criteria and application procedures apply.

What is the Cost of Studying a Master’s in Management in the USA?

 

Studying for a Master’s in Management (MIM) in the USA typically costs between USD 30,000 and USD 60,000, with some variation based on the university. This converts to roughly INR 25L to INR 50L. 

 

The tuition fees are inclusive, but it's essential to account for additional living expenses.

 

What is the Cost of Living in the USA?

 

The cost of living in the USA varies by city and lifestyle. On average, students should budget for essentials such as food, rent, transport, and other expenses.

 

Here’s a breakdown of typical monthly expenses:

 

ExpenseEstimated Cost (USD)Estimated Cost (INR)
FoodUSD 400 - USD 600INR 33,600 - INR 50,400
RentUSD 1,000 - USD 2,500INR 84,000 - INR 2,10,000
TransportUSD 100 - USD 200INR 8,400 - INR 16,800
Other ExpensesUSD 200 - USD 400INR 16,800 - INR 33,600
Total AmountUSD 1,700 - USD 3,700INR 1,42,800 - INR 3,10,800

Note: The above costs are approximate and fluctuate based on changing currency exchange rates.

What are the Scholarships for Master’s in Management in the USA?

 

Indian students pursuing a Master’s in Management (MIM) in the USA can access various scholarships to help alleviate the financial burden. These scholarships are awarded based on merit, need, and other specific criteria. 

 

Here are the top scholarships for Indian students seeking a MIM in the USA.

 

Name of ScholarshipType of ScholarshipAward Amount
Fulbright-Nehru Master’s FellowshipsMerit and Need-BasedTuition, living expenses, and more
Inlaks Shivdasani Foundation ScholarshipsMerit-BasedUp to USD 100,000 (INR 84L)
Stanford Reliance Dhirubhai FellowshipNeed-BasedCovers tuition and associated fees
AAUW International FellowshipsWomen StudentsUSD 18,000 (INR 15L) - USD 30,000 (INR 25L)
TATA Scholarship for Cornell UniversityNeed-BasedCovers full tuition and fees

Note: The above costs are approximate and fluctuate based on changing currency exchange rates.

What are the Top Jobs After a Master’s in Management in the USA?

 

Graduates with a Master’s in Management (MIM) in the USA have various career opportunities across different sectors. These roles typically involve leadership, strategic planning, and organisational development.

 

Here are the top jobs that MIM graduates can pursue in the USA.

 

Job TitleApproximate Salary (per annum)
Management ConsultantINR 71,40,000 - INR 1,26,00,000 (USD 85,000 - USD 150,000)
Marketing ManagerINR 58,80,000 - INR 1,17,60,000 (USD 70,000 - USD 140,000)
Financial AnalystINR 50,40,000 - INR 84,00,000 (USD 60,000 - USD 100,000)
Operations ManagerINR 54,60,000 - INR 1,00,80,000 (USD 65,000 - USD 120,000)
Business Development ManagerINR 54,60,000 - INR 1,09,20,000 (USD 65,000 - USD 130,000)

Note: The above costs are approximate and fluctuate based on changing currency exchange rates.


Which are the Top Recruiters after a Masters in Management in the USA?

 

Graduates with a Master’s in Management (MIM) in the USA are highly sought after by leading companies across various industries. 

 

Here are some of the top companies that recruit MIM graduates in the USA:

 

  • McKinsey & Company
  • Deloitte
  • Goldman Sachs
  • Amazon
  • Google
  • Microsoft
  • KPMG
  • IBM
  • Apple
  • Bain & Company
  • Accenture

 

These companies are known for their competitive recruitment processes and offer excellent career growth opportunities for MIM graduates.

5

 results

QS Rank

-/-

Tuition Fees

₹45.19L/yr

Admission Requirements

IELTS:

7

Know more Check Eligibility
University of Florida

Gainesville - Florida

QS Rank

-/-

Tuition Fees

-/-

Admission Requirements

IELTS:

6

Know more Check Eligibility

QS Rank

-/-

Tuition Fees

-/-

Admission Requirements

IELTS:

6.5

Know more Check Eligibility

QS Rank

-/-

Tuition Fees

-/-

Admission Requirements

IELTS:

7

Know more Check Eligibility

QS Rank

-/-

Tuition Fees

-/-

Admission Requirements

IELTS:

6.0

Know more Check Eligibility
1

Top Universities for Master in Management (MIM) in USA for International Students

Q. What is the cost of studying for a Master’s in Management (MiM) in the USA?

Ans. The cost of studying a MiM in the USA ranges from INR 25,20,000 to INR 50,40,000 (USD 30,000 to 60,000) annually. This fee typically covers tuition but excludes additional expenses such as living costs. Students can access world-class facilities and academic resources with a significant investment in education.


 

Q. What is the cost of living for a MiM student in the USA?

Ans. The average monthly cost of living for a MiM student in the USA is around INR 2.2L (USD 2,700). This includes food, rent, transportation, and other miscellaneous costs. Living costs can vary significantly depending on the city and lifestyle choices.

Q. How many universities in the USA offer a Master’s in Management (MiM)?

Ans. Over 100 universities in the USA offer Master’s in Management programs. These institutions provide diverse opportunities for students to gain advanced business knowledge and leadership skills, making the USA a popular destination for MiM aspirants.

Q. What are the top universities for a MiM in the USA?

Ans. The top universities for a MiM in the USA include Harvard, Stanford, and the University of Pennsylvania (Wharton). These institutions are renowned for their rigorous academic programs, esteemed faculty, and extensive alumni networks.

Q. What are the minimum IELTS and TOEFL scores required for a MiM in the USA?

 Ans. The minimum IELTS score required is 7.0, and the minimum TOEFL score is 90. These scores demonstrate the English proficiency necessary for the successful completion of the program and effective communication in an academic setting.

Q. What is the salary range for MiM graduates in the USA?

Ans. MiM graduates in the USA can expect a salary range of INR 58,80,000 to INR 1,00,80,000 (USD 70,000 to 120,000) per annum. This attractive salary range reflects the high demand for skilled management professionals across various industries.

Q. What are the top jobs after a MiM in the USA?

Ans. Top jobs for MiM graduates in the USA include Management Consultant (INR 71,40,000 - INR 1,26,00,000), Marketing Manager (INR 58,80,000 - INR 1,17,60,000), Financial Analyst (INR 50,40,000 - INR 84,00,000), Operations Manager (INR 54,60,000 - INR 1,00,80,000), and Business Development Manager (INR 54,60,000 - INR 1,09,20,000).

Q. Who are the top recruiters for MiM graduates in the USA?

Ans. Top recruiters for MiM graduates in the USA include McKinsey & Company, Boston Consulting Group (BCG), Deloitte, Goldman Sachs, Amazon, Google, Microsoft, PwC, Ernst & Young (EY), and KPMG. These companies offer excellent career growth opportunities.

Q. Why should I pursue a Master’s in Management in the USA?

Ans. Pursuing a MiM in the USA provides a blend of theoretical knowledge and practical skills essential for leadership roles. The USA’s diverse academic environment, strong industry connections, and high earning potential make it an attractive destination for students aiming to excel in management.

Q. What scholarships are available for MiM students in the USA?

Ans. Scholarships for MiM students in the USA include Fulbright-Nehru Master’s Fellowships (Merit and Need-Based), Which cover the total tuition fees, Inlaks Shivdasani Foundation Scholarships (Merit-Based), Stanford Reliance Dhirubhai Fellowship (Need-Based), AAUW International Fellowships (Women Students), and TATA Scholarship for Cornell University (Need-Based). These scholarships help alleviate the financial burden for Indian students.

Q. What are the application requirements for MiM programs in USA?

Ans. Application requirements generally include:

  • Academic transcripts from previous studies
  • Letters of recommendation from academic or professional references
  • A motivation letter or personal statement
  • Proof of language proficiency (e.g., TOEFL, IELTS, TestDaF)
  • Standardised test scores (e.g., GMAT or GRE), if required
  • A valid passport and visa documentation for international students