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Masters in Management in USA- Comprehensive Course Guide for International Students

Sayantani Barman Sayantani Barman
Study Abroad Expert

Masters in Management in USA is a 16-24 months long postgraduate program for those who want to pave an innovative path in business management globally. 48 institutions in the USA offer Master in Management. The average tuition fees for a Masters in Management in the USA are around 60,000 USD.

You can opt for different specializations available to masters in management aspirants. Some of these specializations include investment management, technology management, global innovation management, project management, and many others.

Why Choose Masters in Management in the USA?

  • Unlike MBA in the USA, applicants have no need for work experience to excel in the field.
  • Unlike other academic courses, the applicants need to write the GMAT examination
  • The international graduates can try their luck in managerial skills in the hotbed of opportunities like Silicon Valley.
  • As per 2019 statistics, 46% of employers in the USA are trying hard to recruit the perfect candidate for specific job roles.
  • After 2019’s economic survey, there are around 12.5% of jobs available for the international graduates in the field of management.

Masters of Management vs MBA

The students sometimes fail to choose the right career pathways. MBA has always been believed to be the best academic course for a sudden career. Master in Management is a comparatively new degree offered in USA, Europe, Australia and few Asian countries for career growth in specialized managerial skills. A detailed comparison is given below why to choose Master in Management over MBA.

MBA v/s Master in Management

Master in Management in USA: Top Ranking Universities

A detailed list of top-ranking universities in USA offering Masters in Management along with specializations and course durations are given below:

UniversitySpecializationCourse DurationApplication Deadlines
Duke University Fuqua School of Business Business analytics, health analytics, quantitative management10monthsMarch 5, 2020
California State UniversityHealthcare management, information systems12monthsApril 1 
MIT Sloan School of managementBusiness analytics, Finance9monthsFebruary 15, 2020
Columbia Business SchoolFinancial Economics, Accounting, and fundamental analysis12monthsJanuary 7, 2020
Marshall School of BusinessMedical management, entrepreneurship, and innovation, Social entrepreneurship, global supply chain management12monthsFebruary 1 
Stanford Graduate school of BusinessLeadership, entrepreneurship12monthsApril 8, 2020 
W P Carey School of BusinessGlobal logistics, information management18 monthsFebruary 4, 2020
Anderson School of ManagementBusiness analytics13-15monthsJanuary 3, 2020
San Francisco State UniversityAccountancy, business analytics12-18 monthsMay 1, 2020
Ross school of businessSupply chain management, accounting10 monthsFebruary 1, 2020

Masters in Management in USA: Eligibility and Admissions

The international students have to go through some rigorous process to take admission in the best universities in the USA for a Master in Management. A detailed list of the admission requirements is given below:

UniversitiesApplication FeeGPAIELTSTOEFLGMAT/GRE
Duke University Fuqua School of Business $ 1253.84794GMAT- 690-740
California State University$ 703.3780550+
MIT Sloan School of management$ 1503.7790GMAT-700-770 GRE- 320
Columbia Business School$ 1003.97.5100GRE-300+ GMAT- 790
Marshall School of Business$ 1553.57 with a minimum of 6 in each band100 with 20 in each of the test componentGMAT-692
Stanford Graduate school of Business$ 1003.477.0100GMAT-790 GRE-320+
W P Carey School of Business$ 1153.337 with an overall band score of 6.580598
Anderson School of Management$ 1403.57.587 with a minimum score of 25 in writing, 24 in speaking, 21 in reading and 17 in listeningGMAT- 680-750
San Francisco State University$ 703.06.588GMAT-650
Ross school of business$ 1003.57100GMAT-675-750

Masters in Management in USA: Documents Required

The admission process in the US’ higher education institution involves a lot of paperwork. The application package required when applying for American universities includes documents like proof of language proficiency, education certificates, etc. The details of these documents are given below:

  • Resume: Detailed resume with all the necessary academic qualifications, work experience, projects, internships, and other co-curricular activities.
  • Transcript: It is the concise form of scorecard of the last attended academic institution of the applicant.
  • Mark sheets: The applicants need to submit all the necessary mark sheets and passing certificates of class 10, 12 and undergraduate degrees.
  • Letters of Recommendation: Each university requires either 2 or 3 letters of recommendation for the applicant. The hard copy of letters should be sent to the respective university
  • Standardized test scores: Applicants may be required to submit GMAT scores for some of the universities.
  • English Proficiency Score: As English is not the native language, the applicants need to write TOEFL or IELTS examination to prove their efficiency in the English language.
  • Statement of Purpose: Each applicant needs to submit the statement of purpose online to explain the sole reason for choosing such a course.

Cost for Pursuing Masters in Management in USA

International applicants who wish to study in the USA must ensure that they have enough funds to sponsor their education. Tuition fees for pursuing a master's in the USA are one of the major expenses incurred during the study. The details of the tuition fees for masters in management in some of the best universities in USA are as follows:

UniversityTotal Tuition Fees (USD)
Duke University Fuqua School of Business $ 70666
California State University$ 16806
MIT Sloan School of management$ 141535
Columbia Business School$ 72000
Marshall School of Business$ 49000
Stanford Graduate school of Business$ 134304
W P Carey School of Business$ $55488
Anderson School of Management$ 75816
San Francisco State University$ 41180
Ross school of business$ 57318

1USD=INR 71.53 (February 3, 2020)

Cost of living in USA

Depending on the costs of house rents, meal plans, travel costs, the students have to decide the best available option for them to stay. A detailed list of the cost of living in USA across the cities is given below:

Cities in USAHouse RentFoodTransport (Monthly pass)MiscellaneousTotal
Durham$1500$450$36$500$2486
Long Beach$1700$650$65$1000$3415
Cambridge$2600$300$84$600$3584
New York$3200$650$127$1500$5500
Los Angeles$2800$500$100$1000$4500
Stanford$3000$520$120$1200$5300
Tempe$1700$400$40$700$3000
San Francisco$3200$500$81$1000$4781
Ann Arbor$1300$400$58$600$2358

1USD=INR 71.53 (February 3, 2020)

Masters in Management in USA with Scholarships

Due to huge financial burden, the international students seek aid through scholarships. List of scholarships in USA for international students are as follow:

UniversityScholarshipAmount
Duke University Fuqua School of Business Fuqua Merit ScholarshipsWaiving off tuition fees
California State UniversityInternational Student Scholarship$1000
MIT Sloan School of managementResearch Assistantship$33,924 per year
Columbia Business SchoolLaidlaw Foundation Scholarship$7500-$30000
Marshall School of BusinessDr. John B. Wallace Jr. Memorial ScholarshipMerit-Based Scholarship
Stanford Graduate school of BusinessThe Aga Khan Foundation50% off tuition fees
W P Carey School of BusinessGraduate Assistantships
Anderson School of ManagementEducation Future International Scholarship$3000-$14000
San Francisco State UniversityUniversity Scholarship$500-$3000
Ross school of businessRoss MM ScholarshipVaries

Job Prospects after Masters in Management in USA

Masters in Management in USA became popular among international students from the last decade. After graduating, international students have a high possibility of getting great job opportunities in the USA. Average salary package across universities along with job profiles is given below

UniversityAverage Salary (USD)
Duke University Fuqua School of Business $60000
California State University$ 65000
MIT Sloan School of management$77000
Columbia Business School$65000
Marshall School of Business$106600
Stanford Graduate school of Business$80000
W P Carey School of Business$55000
Anderson School of Management$70000
San Francisco State University$70000
Ross school of business$53000

USA Study Visa: Document Required and Process

The USA has different types of visas. F1 is used for those who want to pursue academics in universities in the USA. The US study visa is issued post submission of the following documents:

  • University Acceptance Letter
  • All academic documents (Transcripts)
  • Migration, provisional and character certificates
  • Birth Certificate
  • Original I-20 signed and approved by both the University authority and candidate
  • Language Proficiency certificate
  • GRE scorecard
  • 2 letters of recommendation
  • Resume
  • Sponsorship letter from the sponsor
  • Relationship certificate with sponsor
  • Statement of Purpose
  • Financial Proof
  • Last 6-month’s bank transaction and balance certificate
  • Assets valuation
  • Pay SEVIS fee before VISA interview
  • Bring SEVIS paid receipt during the visa interview

Once these documents have been submitted, the applicant will be invited for an interview process. Visa will be issued only if the applicant has cleared their visa interview.

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