How much does it cost to pursue an MIM in the United States?

Asked by Chanchar R. 10 months ago

The cost of pursuing a Master in Management (MIM) in the United States can vary widely depending on the university you choose. Typically, tuition fees for MIM programs in the U.S. range from $30,000 to $70,000 per year. This amount can be higher for top-ranked schools, which often have more resources and networking opportunities.

For instance, at a well-known university like the University of Southern California, the estimated tuition for their MIM program is around $60,000 per year. On the other hand, at a public university like the University of Illinois, the tuition might be closer to $35,000 per year.

Apart from tuition, you should also budget for living expenses, which can range from $15,000 to $25,000 annually, depending on the city. Living in major cities like New York or San Francisco tends to be more expensive compared to smaller towns.

In addition to tuition and living costs, you should also consider expenses like health insurance, textbooks, and other supplies, which could add another $2,000 to $5,000 per year.


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