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Masters in Management (MiM) in USA

MiM programs have grown in popularity throughout the world because they offer a systematic route for people to go from their academic degrees to management positions in the corporate sector.

Similar to any other academic program, each university may have different offerings and specifics.

Table of Contents

Why study Masters in Management?

A postgraduate degree known as a Master of Management (MiM) is intended to give students a thorough understanding of management techniques and ideas. 

The MiM program is designed to provide people with the necessary abilities for entry-level managerial jobs in a variety of industries. It usually targets recent graduates or people with little to no work experience.

Key features of MiM

1. Duration: 10 to 24 months.

2. Curriculum: Core management subjects like finance, marketing, operations, strategy, and organisational behaviour are included in the program. 

3. Fees: typical fees for MiM programs range from INR 12 lacs to 25 lacs per year. 

4. Work Experience: MiM programs, usually do not require a substantial amount of job experience, making them appropriate for new graduates.

5. International Focus: A global perspective permeates many MiM programs that emphasize international business and frequently provide opportunities for exposure to other countries through exchange programs or internships.

6. Career Development: Graduates of MiM programs should be ready for entry-level management positions. They frequently consist of networking opportunities and assistance for career advancement.

Also read – Study in USA

Top Universities for MiM in USA

  1. Duke University
  2. Chicago Booth
  3. Michigan Ross
  4. Kellogg School of Management
  5. Cornell University
  6. Boston University
  7. UMC Tepper
  8. University of Illinois Urbana-Champaign
  9. Texas A&M
  10. University of Maryland

MiM: USA vs Europe vs UK

USAUKEUROPE
Fees (average)$40,000 45,000 GBP 20,000 EUR
EligibilityRecognised degree from business programs or equivalent degree
Duration10 month - 1 year1 yearupto 2 years
Salaries (average)$71,000 per year£60,000 per year€80,000 per year

MiM deadlines for USA

UniversityRound 1Round 2Round 3Round 4
Chicago BoothNovember 1, 2023January 3, 2024March 1, 2024April 30, 2024
Michigan RossSeptember 15, 2023October 27, 2023January 5, 2024February 9, 2024
KelloggOctober 30, 2023January 16, 2024April 22, 2024
DukeOctober 18, 2023January 17, 2024March 6, 2024April 17, 2024
Texas A&M (Mays)October 1, 2023December 1, 2023February 1, 2024April 1, 2024
University of MarylandOctober 15, 2023November 16, 2023January 15, 2023February 15, 2023
Cornell UniversityJanuary 15, 2024April 15, 2024
CMU (Tepper)November 5, 2023January 21, 2024March 31, 2024May 19, 2024
Boston University (Questrom)November 1, 2023January 10, 2024February 7, 2024April 3, 2024
Georgetown MchDonoughNovember 15, 2023January 17, 2024March 20, 2024May 15, 2024
USC Darla MooreDecember 1, 2023February 1, 2024March 15, 2024
University of Illinois at Urbana ChampaignNovember 1, 2023January 15, 2024March 31, 2024April 30, 2024
Northeastern (D'Amore-McKim)Rolling deadline
Babson CollegeOctober 25, 2023January 10, 2024March 20, 2024April 24, 2024

Careers after MiM in the USA

Conversely, MiM programs are intended for those who are just starting out in their professions or who want to change the focus of their career to management.

The following are a few positions that MiM graduates frequently land:

  1. Associate Advisor
  2. Analyst for Business
  3. Analyst for Investment Banking and Marketing

Beginning salaries for MiM graduates in the US typically range from $75,000 to $100,000.

MiM in USA without GMAT

The Graduate Management Admission Test (GMAT) is not a prerequisite for admission to many US universities’ Master in Management (MiM) programs.

These courses are intended for fresh graduates or those who have not had much job experience and want to improve their management abilities. When assessing applications, universities may also take into account non-traditional factors like academic standing, recommendation letters, and personal statements. 

The goal of not requiring a GMAT is to draw in a varied applicant pool and make the application process easier for individuals who are just starting their careers.

Prospective students who are interested in earning a MiM in the United States should carefully consider each school’s entrance requirements in order to identify courses that will help them achieve their career and academic objectives.

Why MiM from USA

Selecting a Master of Management (MiM) degree in the United States presents a strong prospect for those looking for a thorough and internationally accredited management education. The USA offers a vibrant learning environment and is renowned for its varied business landscape and innovation hotspots.

The nation’s MiM programs are designed to give students the fundamental management abilities they need while encouraging leadership traits and a strategic mentality. 

An enormous networking opportunity and a diversified culture are two factors that enhance the academic experience in the United States.

With its top-notch educational system, diverse culture, and solid business connections, the USA is a desirable location for people looking to launch international management careers.

If you are an aspirant looking to study at your dream university, book an appointment with AdmitX today and start your applications early to avail yourself of all the benefits.

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