The United States of America, the land of opportunities, attracts thousands and hundreds of students globally! Being home to the famous Ivy Schools and other esteemed educational institutions, the USA has always been popular for providing top-notch education with fantastic curriculums that make you go, wow! Even though the USA encourages students to enrol in these universities for a plethora of courses and specializations, a Master's in Management (MIM) has always been on the top. If you’re interested in pursuing MIM in the USA, dive in without hesitation!
What Is MIM?
MIM, also popularly known as Master’s in Management, is a postgraduate course that is comprehensive in nature. It is a degree that provides knowledge about management streams like Marketing, Entrepreneurship, Finance and many more. MIM is a relatively new term when compared to the MBA. The programme covers many subjects which are also comprehensive in nature. Each of these subjects helps a student build a strong base. The subjects include
1. Financial Accounting
2. Managerial Economics
3. Organisational Behaviour
4. Marketing
5. Business Strategy
6. Business Ethics
7. Human Resource Management
What Are The Admission Requirements For MIM In USA?
The USA is one of the top destinations for studying MIM. There are many prestigious universities that offer a course in MIM, which also have a large number of International students. As these universities are constantly developing their courses to attract more students, the universities also have some points set for their admission requirements for MIM in USA. Here are some of the academic requirements before you send your application to study MIM in USA.
1. Resume
2. Essay Questions - As each MIM program has its own set of essay questions, it is important that you answer them dutifully.
3. Letter of Recommendation
4. Academic Records
5. Video Questions - Business Schools also ask for video questions; this gives them an opportunity to view the candidate in person before the academic course starts.
7. GRE/GMAT scores
8. TOEFL/IELTS scores
Top 7 Universities Offering MIM in USA
1. New York University (NYU) - Stern School Of Business
Duration of course: 12 Months
Fee Structure - $60,000 - $85,000/Course
QS ranking - #38
Scholarship offered: Dean’s Scholarship, Named Faculty Scholarship, Alumni Scholarship, etc.
Alumni: Robert F. Engle, Wassily Leontief, Charles Waldo Haskins, etc
Location: 44 West 4th Street, New York, NY 10012, United States
Stern School of Business is one of the most prestigious business schools in USA. Stern School of Business was founded in 1900, as it is a part of NYU. This university for MIM in USA is one of the top Business schools. Stern Business School also has an acceptance rate of 8%. This business school has a comprehensive MIM degree in USA. Being one of the top Business Schools in the world, this is one of the best universities offering MIM in USA.
2. MIT Sloan School Of Management
Duration of course: 12-18 Months
Fee Structure - $85,000 - $120,000/Course
QS ranking - #1
Scholarship offered: Hydrocephalus Scholarships, Ramboll Scholarships, WIFLE Annual Scholarship Program in the US, etc.
Alumni: John W Thompson, Brian Halligan, Jamie McCourt, etc
Location: 100 Main St, Cambridge, MA 02142, United States
The MIT Sloan School of Management is one of the most influential and reputed business schools in the USA. MIT has held a reputation for having some of the best programmes in the world. With Sloan School of Management, students get an opportunity to have the best insights in Management and also get to learn from the best professors around the world. The MIM program at the Sloan School of Management will help students to get hands-on experience. The Sloan School of Management is also considered to be one of the best universities for MIM in USA.
3. Columbia Business School (CBS), Columbia University
Duration of course: 12 Months
Fee Structure - $60,000 - $70,000/Course
QS ranking - #23
Scholarship offered: Helen Lansdowne Resor Scholarship, Business Studies Scholarship, etc
Alumni: Cyrus Massoumi, James P. Gorman, Jean-Paul Elkann, etc.
Location: 665 W 130th St, New York, NY 10027, United States
Columbia Business School is one of the most prestigious schools in Columbia University. This is one of the best universities for MIM in USA. The alma mater for Warren Buffet is also known for its extensive business program and is known to have some of the best professors in the world. The MIM program at Columbia Business School is also known for its highly-rated programes.
4. Stanford University – Stanford Graduate School of Business (GSB)
Duration of course: 12 Months
Fee Structure - $110,000 - $130,000/Course
QS ranking - #5
Scholarship offered: Knight-Hennessy Scholars, Stanford GSB BOLD Fellows Fund, etc.
Alumni: Phil Knight, Rishi Sunak, Mukesh Ambani, etc.
Location: 655 Knight Way, Stanford, CA 94305, United States
The Stanford School of Business is one of the most sought-after business schools in the world. The MIM programme is known for its extensive nature, with in-depth knowledge about many subjects like Accounting, microeconomics, Negotiations and many more. The curriculum is built by taking many aspects into account and creating the perfect mix for a successful business programme. The Stanford Graduate School of Business also comes under some of the best universities for MIM in USA.
5. Kellogg School of Management, Northwestern University
Duration of course: 10 Months
Fee Structure - $50,000 - $60,000/Course
QS ranking - #2
Scholarship offered: Brodsky Scholarship, David Himmelblau Scholarship, James P. Gorter Scholarship, etc.
Alumni: Roshni Nadar, Aman Gupta, David Kohler, etc.
Location: 2211 Campus Dr, Evanston, IL 60208, United States
The Kellogg School of Management is one of the best universities for MIM in USA. Known for its mixture of academic rigour and a mix of practicality. This makes Kellogg School of Management stand out from the rest. Being in the heart of Chicago, you are close to some of the best companies in the world. The core courses include many subjects like Management Communications, Finance, Business Analytics, and many more. Being one of the top business schools in the USA, Kellogg School Of Management truly does stand out.
6. The University of Michigan – Ross School of Business
Duration of course: 10 Months
Fee Structure - $40,000 - $50,000/Course
QS ranking - #3
Scholarship offered: Dean’s Impact Scholars, The Consortium, etc.
Alumni: Bobby Kotick, Tom S. Monaghan, Larry Page, etc.
Location: 701 Tappan Ave, Ann Arbor, MI 48109, United States
The University of Michigan is famous for football, but that’s not it. Ross School of Business is one of the most sought-after schools for MIM in USA. The curriculum mainly focuses on a wide range of business subjects such as Financial Management, Marketing Management, Business Communication for Managers, and many more such interesting subjects. There are many off-campus activities also for MIM in this university.
7. Duke Fuqua School of Business
Duration of course - 10 Months
Fee Structure - $60,000 - $65,000/Course
QS ranking - #57
Scholarship offered: Thomas F. Keller Scholarship, University Scholars Program, Fuqua Impact Scholars program, etc.
Alumni: Tim Cook, Melinda Gates, Namita Thapar, Jeff Wiliams
Location: 100 Fuqua Drive, Durham, NC 27708, United States
Duke Fuqua School of Business is also known to be one of the best universities for MIM in USA. With alums such as Tim Cook and Melinda Gates, we all have live examples of excellent business personalities. The curriculum includes various subjects such as Business Economics, Corporate Finance, Operations and Supply Chain Management and many more such interesting subjects. This business school in USA is also known for its amazing guest lecturers who give valuable insights about the current business world, which will also help you shape your future by learning from first-hand experiences.
We’re sure you’ll never need to pull an all-nighter as all these institutes have a well-structured curriculum and syllabus which will offer an academic journey filled with a lot of fun and learning! All you have to do is apply for it! If you’re confused about which intake to apply, here is a guide on intakes in the USA to help you with your decision! We hope you found your favourite university to pursue MIM in the USA! Happy Learning!