Is MiM valuable in the United States? The United States is the world's largest economy, providing MiM graduates with numerous options to pursue a successful career in management. In the US, the average compensation after completing a MiM is up to $128,000 per year, with elite business schools claiming an employment rate of 85%.
The Master of Management (MiM) is one of the most popular business school degrees available. A MiM can help you establish your career in various industries thanks to its broad curriculum covering the key concepts of business.
While the MBA was developed in the United States and is now offered by many top schools across the country, MIMs originated in Europe and are home to most of the world's top-ranked programs. So, where can you get a master's degree in management in the United States? What are the top MiM programs in the United States??
Duke University's Fuqua School of Business
The Duke Master of Management Studies Foundations of Business (MMS: FOB) program is regarded as one of the best in the United States. The course runs on Duke's Durham, North Carolina campus.
It's a ten-month curriculum in which students learn about business fundamentals in-depth and can even travel to China as part of the program to learn about Asian business culture. The cost of Duke’s MMS: FOB is $57,500.
Massachusetts Institute of Technology's Sloan School of Management
The Sloan Master of Science in Management Studies (MSMS) is one of the most elite MiM programs in the United States. It is offered only to students pursuing an MBA or MiM degree at MIT's partner schools, including INSEAD, Fudan, Asia School of Business, and Imperial College London.
Students receive advanced education in management science during the nine-month program. Successful applicants must undergo an interview procedure and pay a premium tuition cost of roughly $79,000 for a more advanced degree.
McIntire School of Commerce, University of Virginia
The Master of Commerce at McIntire is one of the few STEM management programs in the United States. Charlottesville, Virginia, is the site of this ten-month MiM. For people with limited business experience, the curriculum, like many other top MiM degrees, provides an entry-level comprehension of key management and business principles.
During your degree, you might choose to specialize in finance, business analytics, or marketing. The initiative is estimated to cost roughly $42,000.
Also read: What exactly is an MBA waitlist, and why are you on one?
Conclusion
Thunderbird and Duke were two of the earliest universities in the United States to offer management master's degrees. It has been adopted by Boston University, Harvard Extension, and the University of Buffalo, to mention a few. California State University, MIT, Columbia University, and the University of Southern California are just a few of the well-known universities in the US that offer MIM programs. Internships have become a common way for international students to get leadership and management experience. However, more than 50 schools now offer this degree under various names.
Finance, supply chain management, marketing, accounting, operations management, information technology, and business analytics are a few of the areas covered in the MIM program. Students can enrol in a full-time or part-time program.