Best Master’s in Management (MiM) Programs in USA

MIM In USA

MiM in USA or Masters in Management has mostly been a predominant phenomenon in Europe. However,  over the last 5-6 years, a lot of top-notch American business schools have introduced this rapidly growing program in their portfolio. In the USA, Duke and Thunderbird (Arizona State University) were some of the first B-Schools to offer MiM programs, followed by Harvard Extension, Boston University, the University of Buffalo who have also adapted it to suit the needs of the specific applicants and molded it accordingly.

The USA is home to several top business schools that are globally recognized and hence there are several colleges for MiM in USA which interested candidates can look at targeting.

In this article, we discuss the top-notch B-Schools in the US that offer globally recognized Masters in Management degrees. This will explore everything from the curriculum, deadlines, scholarships, and class profiles at these programs. So, stay tuned!

MiM programs have become an ideal choice for international students to learn leadership and management experience through numerous internships. This is attributable to the fact that MiM programs enable students in their last year of undergraduate studies or people with lesser years of work experience than a typical MBA would require to experience B-School. Further, most of these programs do not require prior knowledge or experience in business and economics. As a result of the growing popularity, now over 50 schools across the world are offering this degree under various names.

Learn everything there is to know about MiM programs over at our blog.

Requirements for Applying to MiM Programs in the USA

The USA is a destination for some of the top universities such as Booth, Kellogg, Duke Fuqua and also comprises the largest chunk of international students. With MiM being a predominant phenomenon in Europe, the US is continually developing MiM courses to influence leadership and creativity experience in students, with the aim of eventually attracting students who would otherwise prefer more renowned programs for the MiM. Let us discuss some vital points to consider before filing an application for a MiM program in the USA.

Academic & Professional Requirements 

  • Resume: Candidates require a well-drafted resume with extracurriculars, internships, or part-time/full-time work experience as well as academic and professional accolades.
  • Essay Questions: Each MiM program has its own set of essay questions; however, the questions are generally built around a similar theme of post-MiM goals, the need for MiM and how would a MiM degree from the respective school will help the applicant attain their goals.
  • Letters of Recommendation: Issued by your supervisor at work (whether a job/ internship) or a professor at college under who the applicant has studied/ worked with on research projects, etc. This is a significant part of the application and acts proof of your skill-set and work experience.
  • Academic Records: While academic accolades need to be mentioned on your resume, specific schools would also be requesting for copies of transcripts demonstrating your performance at the undergraduate degree level (or graduate degree, if you have directly gone to graduate school after completing the undergraduate degree).
  • Video Questions (1 or 2): Many B-Schools issue video questions as part of their application process. These are crucial aspects of the B-School application as they offer the closest opportunity to the candidates to show themselves and how applicants fare at the program in-person.
  • GRE or GMAT scores: A good score is required for an applicant to be considered in the program. This is crucial for MiM candidates since the AdComs do not have a lot of other aspects to demonstrate the candidate’s academic, critical thinking and analytical abilities.
  • TOEFL or IELTS score: This is a requirement more specifically for candidates whose native language is not English and who have not studied in English. Usually, if the applicant comes from an undergraduate degree where education has taken place entirely in English, the TOEFL/ IELTS is not required.

Visa Requirements

Typically, international candidates who aim to enter the US for a full-time degree, or an academic program at any university need to apply for an F1 visa once they are admitted.

 F1 is a nonimmigrant visa that could be issued by applying for SEVIS (Student Exchange Visitors Information System) generated I-20 form which is received from the school that a candidate intends to attend. 

Next, the candidate needs to make an appointment for an interview after paying the requisite fees, followed by filling the DS-160 form online, and then finally appearing for the interview.

Fees for MIM Programs in the USA

The average tuition fees for an MiM program at a B-school in the US normally range between $50,000 – $90,000. Moreover, excluding the tuition fees, and insurance there are other factors that add up to your cost of living like:

  • Accommodation
  • Food and necessities
  • Books and stationery Supplies
  • Transportation
  • Personal expenses, etc.

Top MiM Programs in USA

  • Chicago Booth School of Business
  • The University of Michigan – Ross School of Business
  • Kellogg School of Management, Northwestern University
  • Duke Fuqua School of Business
  • Georgetown University – McDonough School of Business
  • Emory University – Goizueta Business School

1. Chicago Booth School of Business 

Booth School of Business stands as one of the most prestigious and intellectually rigorous business schools in the world. Founded in 1898, it is one of the oldest business schools in the USA and is part of the University of Chicago, a globally renowned research institution. Known for its analytical and data-driven approach, Booth maintains a highly selective admissions process, with acceptance rates typically in the single digits.

Booth offers a range of graduate programs, attracting thousands of applications annually for its MBA, Executive MBA, and specialized master’s degrees.

2. The University of Michigan – Ross School of Business

The University of Michigan in Ann Arbor, Michigan was founded in 1924, also known as the Ross School of Business ranked first in the US for its Master in Management program according to the QS World University Rankings, 2020. The school offers various bachelors, masters, and doctoral degree admissions. Ross is widely respected for its hands-on, action-based learning approach and its strong focus on leadership and impact. 

3. Kellogg School of Management, Northwestern University

Kellogg

Kellogg offers an MS in Management Studies Program which helps candidates get equipped with the necessary business skills. It is one of the most iconic and top-ranked business schools. Kellogg is renowned for its strong emphasis on teamwork, leadership, and a collaborative culture that sets it apart. 

Each year, thousands of candidates apply for a place in Kellogg’s highly regarded MBA and specialized master’s programs, which span across full-time, part-time, and executive formats.

4. Duke Fuqua School of Business

Duke Fuqua, established in 1969, remains one of the most sought-after B-Schools in the world. They offer two highly regarded programs under the ‘Master of Management Studies’ name: the MMS: Foundations of Business Program (which is a STEM course) and the MMS: Duke Kunshan University Program. The short duration of the program is packed tightly over 6 terms spanning a total of 10 months.

5. Georgetown University – McDonough School of Business

McDonough School of Business is a prestigious and globally respected business school located in Washington, D.C. Founded in 1957, it is part of Georgetown University, known for its strong Jesuit values and emphasis on global leadership. McDonough stands out for combining rigorous academics with a strategic focus on international business and public policy. With competitive admissions, it attracts a diverse and driven applicant pool each year. The school offers a range of undergraduate and graduate programs, including its highly regarded MBA and specialized master’s degrees.

6. Emory University – Goizueta Business School

Goizueta Business School, part of Emory University in Atlanta, is a highly respected institution known for blending academic excellence with close-knit community values. Goizueta offers a strong mix of undergraduate, MBA, and specialized master’s programs with a focus on principled leadership and real-world impact. The MiM program helps students build a solid foundation in core business disciplines like finance, marketing, and strategy, while also offering hands-on learning through projects, career coaching, and global exposure.

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Is It Possible to Pursue Mim in USA Without Work Experience

Yes, similar to other MiM programs across Europe, most of the MiM programs in the US, for example, the Master of Management Programs at Michigan Ross, Duke Fuqua, and Kellogg do not require prior work experience in order to be eligible to apply. In fact, there are schools that even restrict applicants who have had more than one year of experience from applying, such as Kellogg’s MSMS.

So, yes, the MiM programs are aimed at students who have recently graduated or have less than 1-2 years of experience and are looking to broaden their horizons and chances of securing work opportunities in the US post-graduation. 

MIM in USA Scope

The USA is home to several top-flight B-Schools offering Masters of Management degrees that are globally recognized and valued. The program aims to develop the business skills needed to compete in an ever-changing competitive job market. Moreover, beyond providing extensive career preparation, the MiM program includes high-impact leadership development components, for the candidates to be well-equipped to hit the ground running. 

MiM programs also incorporate both theoretical and valuable practical knowledge to prepare graduates to work in the competitive world of business as business managers. 

With that said, look at some other reasons why foreign internationals can choose to study a MiM in the USA.

  • Firstly, candidates don’t need any prior job experience to succeed in the field (unlike the MBA) in the USA (with some exceptions like Stanford).
  • Moreover, it projected that from 2018 – to 2028, management occupations in the US are going to rise by 7%, hence broadening the scope of opportunities for MiM graduates. An estimated 706,900 new positions in the management sector are expected to be generated by 2028.
  • Also, as per a 2019 economic report, in the area of administration, about 12.5 % of positions are open to international/ foreign graduates. In addition, the median annual income for administration professions is about USD 105,660 and is one of the largest pay grades.

Graduates in MiM programs in the US go on to pursue management careers, in companies like Google, Amazon, BCG, Accenture, Ford, and General Mills, among others.

In conclusion, the requirements to apply for an MiM in the US are similar to the typical requirements for MiM programs in Europe. While the MiM programs have been around for much longer in Europe, US Programs such as those offered by Duke and Michigan Ross are gaining popularity as an entryway for young graduates wishing to pursue opportunities in entry level management positions.

In fact, surveys have been conducted whereby a major chunk of MiM graduates opine that they don’t feel the need to pursue an MBA post the MiM, even though an EMBA 8-10 years down the line is something that they may be interested in pursuing. MiM programs in the US also do not require any prior work experience and are substantially cheaper as compared to the typical MBA program.

If you are looking to build impactful MiM applications and scholarship applications and need assistance with the process, please feel free to reach out to us.

Frequently Asked Questions

1.

How does a MiM differ from an MBA

The primary distinctions between a MiM and an MBA are: Target Audience: MiM programs are typically designed for individuals with limited or no professional experience, whereas MBA programs cater to professionals with several years of work experience. Program Duration: MiM programs often span one year, while MBA programs usually last two years. Curriculum Focus: MiM programs provide a broad overview of management principles, whereas MBA programs delve deeper into strategic and leadership aspects of business.

2.

What is the typical duration of a MiM program

Most MiM programs in the USA are designed to be completed within 10 to 12 months of full-time study.

3.

Are MiM programs in the USA STEM-designated

Some MiM programs in the USA have obtained STEM (Science, Technology, Engineering, and Mathematics) designation, which can benefit international students by allowing them to extend their Optional Practical Training (OPT) period in the U.S. For instance, Georgetown University’s MiM program is STEM-designated.

One response

  1. Great insights! I appreciate the thorough breakdown of the top MiM programs in the USA. It’s helpful to see the comparisons and understand the unique offerings of each program. This will definitely guide my decision-making process as I consider furthering my education. Thanks for sharing!

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