Masters in International Business in USA

masters-in-international-business-in-usa

Masters in International Business in America is a full-time course between 9 months and two years. The USA universities offer these degrees as MS, MBA, and MIM. On average, the cost of pursuing this degree is between $ 18000 and $ 80000 USD. However, the rewards are higher as the yearly average wage packages range from $ 60000 to $ 179000 USD

Masters in International Business in the USA: Highlights

Program 

Postgraduate

Course

International business

Duration of the Course

Between 9 months and 2 years

Eligibility 

Bachelor’s degree, GRE or GMAT, IELTS or TOEFL iBT,  

Entrance Exams

GRE or GMAT and IELTS or TOEFL iBT

Tuition Fees

Between ₹ 26,00,000 and ₹ 58,00,000 INR

Jobs 

International Trade Specialist, Management Consultant, Finance Controller, etc

Average Salary

$ 113833 USD (based on 6 jobs) 

Why Should One Pursue a Master in International Business in the USA?

  • As per the QS World Rankings 2022, 150 universities from America rank top 400 internationally for business management degrees.
  • America is the degree's birthplace. It began in 1946 in the American Institute of Foreign Trade (currently: Thunderbird School of Management).
  • Most of the Masters in International Business (MIB) qualifications in America is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
  • According to the BLS in the USA, the jobs for international business will rise by 19 % by 2026.
  • As per the official stats, America is a well-known study destination for many overseas students, especially from South Asia and Asia. We also found that more than 20,2000 Indian students are pursuing higher education.
  • Yale University, which offers this degree, ranks 13th worldwide in graduate employability rankings. Plus, more than 50 USA universities rank top 200 for the same.

Also, Read:

Master of International Business in Australia
Masters In International Business In Canada

Masters in International Business in UK

Best Universities for Masters in International Business in the USA 

S.NO

University Name

QS World Rankings

States

1

The University of Chicago

10

Chicago

2

Yale University

14

New Haven

3

New York University

42

New York City

4

The University of Florida

173

Gainesville 

5

Arizona State University – Thunderbird School of Global Management

216

Tempe

6

Georgetown University

248

Washington DC

7

Northeastern University – D’ Amore – McKim 

342

Boston

8

George Washington University

355

Ashburn

9

The University of South Carolina – Darla Moore School

Between 601 and 650

Columbia

10

Florida International University

Between 801 and 1000

Miami

Cost of Studying Masters in International Business in the USA

Your price of studying Masters in International Business in the USA includes your entrance exam fee, cost of living, etc., and your tuition fee. Since Masters in International Business in America is a costly degree, your expenses will range between ₹ 27,00,000 and ₹ 60,00,000 INR.

Tuition Fees

S.NO

University Name

Program

Duration

Tuition Fees

1

The University of Chicago

Master of Business Administration – International Business

2 years

₹ 53,00,000

2

Yale University

Master of Management Studies in Global Business & Society

9 months

₹ 57,00,000

3

New York University

Master of Business Administration – Global MBA

2 years

₹ 58,00,000

4

The University of Florida

Master of International Business

1 year

₹ 26,00,000

5

Arizona State University – Thunderbird School of Global Management

Master in Global Management

2 years

₹ 52,00,000

6

Georgetown University

Master of Arts in International Business & Policy

1 year

₹ 58,00,000

7

Northeastern University – D’ Amore – McKim 

Master of Science in International Business

1 year

₹ 35,00,000

8

George Washington University

Master of Science in International Business (also as Bachelor’s + MSIB mode)

1 year (5 years)

₹ 36,00,000

9

The University of South Carolina – Darla Moore School

Master of International Business, Master of International Business + A Master’s Degree

9 months, 1 year and 10 months

₹ 26,00,000

10

Florida International University

Masters in International Business

1 year

₹ 27,00,000

Cost of Living in the USA

While studying in America, the expense of living is an additional major bracket adding to the total cost an overseas student will pay. We have given in the below table these costs per year in the nation, which include the cost of student accommodations, transport, food, etc.

Categories

Amount in USD

Groceries

2574 per year

Three times meal

9012 per year

Public transport

1287 per year

Internet pass

759 per year

Gas & electricity

1287 per year

Dormitory

5149 per year

Rented apartment

12874 per year

Eligibility Criteria to Study Masters in International Business in the USA

  • You need a bachelor's degree in business administration or another related sector to apply for Masters in International Business in the United States of America.
  • You need to submit your IELTS or TOEFL iBT scores per the university's guidelines to prove your English language proficiency.
  • The GMAT or GRE score is also a mandatory eligibility criterion.
  • Some universities prefer work experience.

Masters in International Business in the USA: English Language Requirements

University Name

Exam Name

Minimum Band Requirement

The University of Chicago

IELTS

7.0

Yale University

IELTS

7.0

New York University

IELTS

NA

The University of Florida

IELTS

6.5

Arizona State University – Thunderbird School of Global Management

IELTS

NA

Georgetown University

IELTS

7.0

Northeastern University – D’ Amore – McKim 

IELTS

Between 7.0 and 8.0

George Washington University

IELTS

7.0 (no band less than 6.5)

The University of South Carolina – Darla Moore School

IELTS

6.0

Florida International University

IELTS

6.5

Scholarships to Study Masters in International Business in the USA

Scholarship Name

Description

Eligibility

Amount in CAD

Mitacs Globalink Research Award

The Mitacs Globalink Research Award – Inria is a competitive initiative that gives faculty and PhD students at Inria Research Centres in France the opportunity to build an international research network and conduct research at Canadian universities.

A student must meet the following criteria to be considered for a Globalink Research Award –

Be a French citizen, a permanent resident, or a student from another country.

Students are not permitted to conduct research at an institution where they have previously earned a degree or worked.

$6,000

Affiliated Fellowships Master’s Program

Each year, the Faculty of Graduate and Postdoctoral Studies awards approximately 50 Affiliated Fellowships to deserving students for full-time graduate study and/or research.

Students must have received a first-class grade in each of their last two years of full-time study to be considered. All courses taken in a given year are used to calculate GPA.

$175 to $16,000

British Columbia Graduate Scholarship

BC Graduate Scholarships (BCGS) are available in any field of study, with a focus on research in science, technology, engineering, and mathematics (STEM) fields, as well as support for Indigenous students. Graduate programmes and disciplinary Faculties will award the $15,000 scholarships.

The following criteria must be met by BCGS recipients:

Canadian citizens and Permanent Residents Registered as a full-time student in a UBC graduate programme throughout the funding period

$15,000

EduCanada Study in Canada Scholarships

The Study in Canada Scholarships provide short-term exchange opportunities for students from post-secondary institutions in new eligible countries/territories to study or research in Canadian post-secondary institutions at the college, undergraduate, and graduate levels.

Enrolled as a full-time student at a post-secondary institution in an eligible country/territory and paying tuition fees to that institution at the time of application and throughout the exchange

$60,000

Smith School of Business Award

The annual New Researcher Achievement Awards main goal is to honour a single faculty member whose pre-tenure research has been recognised as outstanding and has brought credit to the Smith School of Business.

  • A candidate's academic excellence throughout their academic career
  • references that are strong
  • exceptional GMAT or English-proficiency test results exceptional performance during the admissions interview (if applicable)

$22,000

Alberta Graduate Excellence Scholarship

The new Alberta Graduate Excellence Scholarship honours students pursuing graduate studies in Alberta who have excelled academically. It was created to encourage the best and brightest students, both domestic and international, to study in Alberta.

Students must meet the following requirements to be eligible:

  • You must be a Canadian citizen, a permanent resident of Canada, or a protected person as defined by subsection 95(2) of the Immigration and Refugee Protection Act (Canada), or an international student with a study permit.
  • Students may live in Alberta or elsewhere. To be eligible for the award, students must have a Canadian bank account and an updated Canadian address in Bear Tracks.
  • Students can enrol and attend classes either remotely (online) or in person.

$11,000

AU Award for Graduate Studies

This award honours the abilities of incoming graduate students who have achieved a high level of academic success.

  • This scholarship is only valid for the fall and spring semesters, and does not apply to graduate courses with a reduced tuition rate.
  • Must be fully accepted without academic conditions into a matriculated graduate degree programme
  • M.B.A. applicants must have a minimum GMAT score of 400 and a minimum 3.3 cumulative GPA in Graduate studies are required to take the GRE with a high enough combined score on the verbal and quantitative sections as determined by the academic department of the chosen courses.

$1,000

York Graduate Fellowship

Graduate students are important members of our learning community at York, and we are dedicated to helping them achieve their academic goals, including timely graduation

  • Covers tuition and is indexed to tuition fee increases.
  • The York Fellowship is part of the minimum funding commitment.
  • Differences in fees exist between domestic and international students.

$20,880

Jobs & Salary after Masters in International Business in the USA

Job Profile

  Salary in USD

Management Analyst

Between 47000 and 90000

Sales Manager

Between 68500 and 137000

Finance Controller

Between 55000 and 124000

Marketing Manager

Between 43000 and 99000

International Trade Specialist

Between 42000 and 90000

Management Consultant

Between 59000 and 143000

TOP Recruiters 

  • Deloitte.
  • EY.
  • PwC.
  • KPMG.
  • McKinsey.
  • Bain.
  • Amazon.

How to Apply for a Master in International Business in the USA?

Please follow these steps to apply for a Master of International Business in the USA. Since it's a master's degree, you can directly apply online.

STEP 1: Choose whether you would like to apply in the fall, summer, or spring intake.

STEP 2: Gather all your required documents. These may vary as per your university selection. But here's a general list.

STEP 3: Go to your selected university's website and make a student account.

STEP 4: Select your course and click apply now on the course page.

STEP 5: Fill out an application form with your academic and personal details.

STEP 6: Submit all the requested documents and pay the fees when prompted.

STEP 7: If you get an offer letter, prepare to fly to the American subcontinent. Otherwise, you can do one of the following.

  • Try again next year.
  • Try in the next intake.
  • Plead your case with the university.

STEP 8: Done.

Read About: USA Student Visa

 FAQ

If you wish to apply for any degree in the USA, aecc India is here for you. Our experts can help you easily get into one of its top universities for your desired course. Contact us today.


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