GENERAL

Masters in International Business (MIB) in USA: Fees , Top Colleges, Placements & Salaries

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Tanya Saxena • 11 Mins read • 29 Jul 25
Masters in International Business (MIB) in USAMasters in International Business (MIB) in USA

A Masters in International Business (MIB) in USA is a popular 1 to 2 year postgraduate program.  Top universities like the University of South Carolina, George Washington University, Northeastern University, Thunderbird (ASU), and Florida International University offer this program. 

To apply for MIB in USA, you normally need a bachelor’s degree with good grades (around GPA 3.0 or above), English test scores such as IELTS or TOEFL, and documents like SOP, LOR and resume. Some universities still ask for GMAT or GRE, but many of them are giving waivers now.

The tuition fee for Masters in International Business in USA mostly ranges between USD 38,000 and 85,000 per year. Living cost is around USD 18,000 to 35,000 yearly, depending on the city and your lifestyle.

After finishing this course, students often get jobs in consulting, banking, marketing and other global companies. The starting salary is usually between USD 70,000 to 120,000 per year, which is quite good compared to many other countries.


Masters in International Business (MIB) in USA: Highlights

A Master in International Business (MIB) in USA is a 1–2 year degree which is designed to build strong international business strategy, trade and management skills. It also gives great exposure and have some top-ranked universities offering it.

Particulars

Details

Full Form of Course

Masters in International Business (MIB)

Course Level

Postgraduate

Course Duration

1–2 Years

Course Type

Full-time

Application Mode

Online (University portals or centralized application systems)

Entrance Test

IELTS/TOEFL (mandatory for international students); some may require GMAT/GRE

Fees

USD 38,000 – 85,000 annually (varies by university)

Living Expenses

USD 18,000 – 35,000 per year

Top Universities

  • University of South Carolina
  • George Washington University
  • Northeastern University
  • Thunderbird (ASU)
  • Florida International University

Popular Specialisations

  • International Marketing
  • Global Supply Chain
  • Finance & Trade
  • Cross-Cultural Leadership

Top Recruiters

  • Deloitte,
  • McKinsey & Company
  • Goldman Sachs
  • Amazon
  • Microsoft


Masters in International Business (MIB) in USA – Important Dates and Events

Admissions for Masters in International Business (MIB) in USA 2025–26 session is likely to start from September 2025 for the Fall 2026 intake.

Event

Timeline

Fall 2026 Applications

Sept 2025 – Jan 2026

Spring 2026 Applications

Feb – Jun 2026

Notifications

Mar – Apr 2026 (for Fall intake)

Visa Interview Period

Apr – Jul 2026 (for Fall intake)

Orientation

Aug – Sep 2026 (Fall) / Dec – Jan 2026 (Spring)


Application Start & End Dates for Top Universities

Top universities for Masters in International Business (MIB) in USA have early, regular and even priority deadlines. Most of the Fall 2026 applications will probably close around January 2026.

University

Fall 2026 Deadline

Spring 2026 Deadline

University of South Carolina

Nov–Dec 2025

Apr–May 2026

George Washington University

Nov 2025

May 2026

FIU (Florida International)

Nov–Dec 2025

May–Jun 2026

Northeastern University

Dec 2025

May–Jun 2026

Thunderbird (ASU)

Nov 2025

May 2026


Visa Application Timeline

Visa process for Masters in International Business (MIB) in USA starts right after the I-20 is given. Students are better to begin their F-1 visa steps as early as possible.

Step

Timing relative to Intake

I‑20 Issuance

March–May prior to intake

DS‑160 & SEVIS Payment

Apr–Jun (for Fall 2026 intake)

Visa Interview

Apr–Jul 2026

Visa Approval & Travel

June–July 2026


Masters in International Business (MIB) in USA: Fees

Masters in International Business (MIB) in USA can be expensive, but multiple financial aid options and scholarships are available for international students.

Category

Cost Annually

Tuition 

Public universities: $38,000–60,000; Private: $60,000–85,000

Living costs 

Major cities: $25,000–35,000; smaller towns: $12,000–18,000

Additional costs

Fees, books, insurance, supplies: $7,000–12,000 per year

Total estimated cost

$60,000–$133,000 per year depending on location and school

Funding opportunities

Scholarships, assistantships, employer sponsorship, and student loans


Why Choose a Masters in International Business (MIB) in USA? 

Pursuing Masters in International Business (MIB) in USA means more career options, worldwide industry exposure, and links with global companies.

Benefit Area

Details

Career Benefits

High ROI: graduates earn USD 70,000–150,000 annually in global roles

Global Exposure

Access to international markets, diverse classrooms, and case studies

Networking

Strong alumni and recruiter connections from global organizations

Reputation

Degrees from QS-ranked schools boost employability worldwide

Also Read :

Other Popular Countries for Studying Masters in International Business


Masters in International Business in Australia


Masters in International Business (MIB) in USA Qualification

Admission to Masters in International Business (MIB) in USA requires academic qualifications and English language test scores such as IELTS or TOEFL.

Requirement

Details

Undergraduate degree

Bachelor’s in any discipline with GPA 3.0 or higher

Work experience

Fresh graduates accepted; 0–2 years preferred in some schools

GMAT/GRE

Optional for many universities; required by selected programs

English proficiency

IELTS 6.5 or TOEFL iBT 80 minimum

Additional documents

SOP, LORs, resume, transcripts, and financial proof


Masters in International Business (MIB) in USA: Eligibility Criteria 

Eligibility for Masters in International Business (MIB) in USA varies for fresh graduates and experienced professionals. Language proficiency and academic performance are essential.

Category

Eligibility Details

Academic

Bachelor’s degree with 3.0 GPA or 85% equivalent

Freshers

Accepted with strong academics, SOP, and internship experience

Experienced

1–3 years of professional experience preferred (optional in most cases)

Language Tests

IELTS 6.5+ or TOEFL iBT 80+ required

Additional Tests

GMAT or GRE optional for many universities


Masters in International Business (MIB) in USA Application Process

Applying for Masters in International Business (MIB) in USA involves online forms, document submission, test scores, and paying application fees.

Step

Details

Step 1

Online application on university portal

Step 2

Upload documents (SOP, LORs, transcripts, resume)

Step 3

Submit language test scores (IELTS/TOEFL)

Step 4

Pay application fee (USD 50–100 per university)

Step 5

Wait for interview or admission decision


GMAT/GRE Requirements

Most universities offering Masters in International Business (MIB) in USA have waived GMAT/GRE, but some still require them for specific programs.

Test

Requirement Details

GMAT

Required by selected universities (e.g., top B-schools)

GRE

Accepted as an alternative to GMAT

Waivers

Available for students with high GPAs or strong work experience


SOP, LOR, and Resume

Strong SOP, LORs, and resume are crucial for Masters in International Business (MIB) in USA admissions and help showcase skills and academic potential.

Document

Details

SOP

1000–1200 words detailing career goals and why MIB

LOR

2–3 letters from professors or employers

Resume

1–2 pages highlighting academics, internships, projects


University-Specific Admission Steps

Different universities have unique steps for Masters in International Business (MIB) in USA like multiple application rounds and interviews.

University

Admission Steps

University of South Carolina

Online form, GMAT waiver, interview if shortlisted

George Washington University

Resume and SOP focus, rolling deadlines

Northeastern University

Online portal, English test score submission

Thunderbird (ASU)

Two LORs, video essay, optional GRE/GMAT


Top Masters in International Business (MIB) in USA: Entrance Exams

Admission to Masters in International Business (MIB) in USA often requires English proficiency tests like IELTS or TOEFL, and in some cases, GMAT or GRE.

Exam

Purpose

Minimum Score/Requirement

IELTS

English proficiency

6.5 – 7.0 overall

TOEFL iBT

English proficiency

80 – 100

GMAT

Business school aptitude test

600+ (if required)

GRE

Alternative to GMAT

310+ (if required)


GMAT Preparation Strategy

For students aiming at top universities for Masters in International Business (MIB) in USA, a clear GMAT plan is important.

Preparation Step

Details

Study Duration

3–4 months of focused preparation

Key Areas

Quantitative, verbal, integrated reasoning

Practice Tests

Take 6–8 mock tests for better time management

Target Score

Aim for 600–700+ for competitive programs


IELTS/TOEFL Tips

English tests like IELTS or TOEFL are essential for admission to Masters in International Business (MIB) in USA for non-native speakers.

Skill Area

Preparation Tip

Reading

Practice skimming and scanning for key information

Listening

Listen to English podcasts daily

Writing

Focus on essay structure and academic tone

Speaking

Practice fluency with mock interviews


GMAT Waiver Programs

Some universities offering Masters in International Business (MIB) in USA waive GMAT for students with strong academic records or professional experience.

University

Waiver Criteria

University of South Carolina

GPA 3.3+ or 2+ years of work experience

George Washington University

Strong academic record and recommendation

Northeastern University

Excellent undergraduate GPA

Thunderbird (ASU)

Professional experience of 3+ years


Masters in International Business (MIB) in USA: Cutoff

Admission to Masters in International Business (MIB) in USA depends on competitive cutoff scores for exams like GMAT, IELTS, or TOEFL along with GPA.

Requirement

Average Cutoff Range

GMAT

600–700+

GRE

310–320+

IELTS

6.5–7.0 overall

TOEFL iBT

80–100

Undergraduate GPA

3.0 or higher


GMAT Cutoffs of Top USA B-Schools/Universities

Top business schools offering Masters in International Business (MIB) in USA have varying GMAT requirements based on the program’s competitiveness.

University

GMAT Cutoff (Average)

University of South Carolina

600–650

George Washington University

620+

FIU (Florida International)

590–620

Northeastern University

600–650

Thunderbird (ASU)

620+


IELTS/TOEFL Score Cutoffs

For Masters in International Business (MIB) in USA, English language proficiency is essential. Below are typical IELTS and TOEFL cutoffs.

University

IELTS Cutoff

TOEFL iBT Cutoff

University of South Carolina

6.5

80

George Washington University

7.0

100

FIU (Florida International)

6.5

80

Northeastern University

6.5–7.0

90

Thunderbird (ASU)

6.5

80


Masters in International Business (MIB) in USA: Syllabus

The syllabus for Masters in International Business (MIB) in USA covers international trade, marketing, and finance with flexible electives and practical projects.

Category

Details

Duration

1–2 years with 30–36 credit hours

Focus

Global trade, finance, marketing, business strategy

Approach

Case studies, internships, capstone projects


Core Courses

Core subjects in Masters in International Business (MIB) in USA build foundational skills in global business management and operations.

Core Course

Description

Global Business Strategy

Understanding global markets and strategic planning

International Marketing

Marketing practices for international businesses

Finance & Trade

Financial management and trade policies

Supply Chain Management

Logistics and global supply chain operations


Electives & Specializations

Students can choose electives or specializations to tailor their Masters in International Business (MIB) in USA degree to career goals.

Elective/Specialization

Focus Area

International HR Management

HR practices across global organizations

Data Analytics for Business

Data-driven decision-making

Cross-Cultural Leadership

Managing diverse teams in global settings

Emerging Markets Strategy

Business strategies for developing markets


Best Universities/Colleges for Masters in International Business (MIB) in USA

Masters in International Business (MIB) in USA is offered by top public and private universities with QS rankings and limited seats for international students.

University

QS World Ranking 2025

Seats (Approx.)

University of South Carolina

551–560

120+

George Washington University

362

100+

Northeastern University

375

110+

Florida International University

751–760

90+

Thunderbird (ASU)

212

100+


Public Universities (QS Ranking + Seats)

Top public universities offering Masters in International Business (MIB) in USA have global rankings and selective seat intake.

Public University

QS Ranking 2025

Seats (Approx.)

University of South Carolina

551–560

120+

Florida International University

751–760

90+

Arizona State University (Thunderbird)

212

100+


Private B-Schools (QS Ranking + Seats)

Leading private universities provide Masters in International Business (MIB) in USA with competitive admission and high global recognition.

Private B-School

QS Ranking 2025

Seats (Approx.)

George Washington University

362

100+

Northeastern University

375

110+


Masters in International Business (MIB) in USA vs Other Countries

Masters in International Business (MIB) in USA is compared with similar programs in UK, Canada, and Australia based on cost, duration, and job prospects.

Factor

USA

UK

Canada

Australia

Duration

1–2 years

1 year

1.5–2 years

1.5–2 years

Tuition Fees

USD 60,000–120,000

USD 25,000–45,000

USD 30,000–50,000

USD 30,000–55,000

Average Salary

USD 70,000–150,000

USD 55,000–110,000

USD 50,000–100,000

USD 55,000–105,000


Masters in International Business (MIB) in USA: Scholarships

Masters in International Business (MIB) in USA students can apply for merit-based, need-based, and university-specific scholarships to reduce tuition costs.

Scholarship Name

Coverage

Fulbright Foreign Student Program

Full/partial tuition and living costs

AAUW International Fellowship

USD 18,000–30,000

Stanford Reliance Dhirubhai Fellowship

Partial tuition for Indian students

University-specific awards

USD 5,000–20,000


Scholarship Deadline for 2025

Scholarships for Masters in International Business (MIB) in USA have varying deadlines based on university or funding body.

Scholarship Name

Application Deadline 2025

Fulbright Foreign Student

Oct–Nov 2025

AAUW International Fellowship

Dec 2025

Reliance Dhirubhai Fellowship

May–Jun 2025

University-specific awards

Varies (Feb–Aug 2025)


Career Scope After Masters in International Business (MIB) in USA

Graduates of Masters in International Business (MIB) in USA have diverse career opportunities in consulting, finance, and entrepreneurship with high-paying global roles.

Career Area

Average Salary Range (Annual)

Top Recruiters

Management Consulting

USD 80,000 – 150,000

Deloitte, BCG, McKinsey

Finance/Banking

USD 75,000 – 130,000

Goldman Sachs, JP Morgan, Citibank

Entrepreneurship

USD 60,000 – 120,000 (varies)

Startups, own ventures, incubators


Management Consulting

Masters in International Business (MIB) in USA prepares students for consulting roles with top firms, offering strategy and business transformation expertise.

Job Role

Average Salary (Annual)

Business Strategy Consultant

USD 90,000 – 150,000

Market Research Analyst

USD 75,000 – 100,000

Operations Consultant

USD 85,000 – 120,000


Finance/Banking

With Masters in International Business (MIB) in USA, graduates enter global finance, investment, and banking roles with competitive pay and benefits.

Job Role

Average Salary (Annual)

Investment Analyst

USD 80,000 – 130,000

Corporate Finance Manager

USD 90,000 – 140,000

Risk and Compliance Officer

USD 75,000 – 110,000


Entrepreneurship

Many graduates of Masters in International Business (MIB) in USA pursue entrepreneurship, starting ventures or joining incubators with global market opportunities.

Job Role/Path

Potential Earnings (Annual)

Startup Founder

USD 60,000 – 120,000+ (varies)

Business Development Lead

USD 80,000 – 110,000

Product/Project Manager

USD 85,000 – 125,000


Top Recruiters/Placement Companies

Graduates of Masters in International Business (MIB) in USA are hired by leading multinational corporations, consulting firms, and global banks offering high-paying roles.

Recruiter/Company

Industry

Deloitte

Management Consulting

McKinsey & Company

Strategy Consulting

Boston Consulting Group

Business Consulting

Goldman Sachs

Investment Banking

JP Morgan Chase

Financial Services

Amazon

E-commerce and Operations

Microsoft

Technology and Management


Masters in International Business (MIB) in USA: Salary Package

Masters in International Business (MIB) in USA graduates earn competitive salaries, with variations based on roles, industries, and student backgrounds.

Factor

Salary Range (Annual)

Entry-Level Roles

USD 70,000 – 90,000

Mid-Level Roles

USD 90,000 – 120,000

Senior Roles

USD 120,000 – 150,000+


Average Salary in USA

Salaries for Masters in International Business (MIB) in USA graduates in the U.S. are among the highest globally due to strong corporate demand.

Job Role

Average Salary (Annual)

Business Development Manager

USD 95,000 – 120,000

Management Consultant

USD 100,000 – 140,000

Financial Analyst

USD 80,000 – 100,000

Operations Manager

USD 90,000 – 115,000


Average Salary for Indian Students

Indian graduates with Masters in International Business (MIB) in USA secure lucrative packages, often higher than global averages due to skill gaps in global business.

Job Role

Average Salary (Annual)

Global Marketing Manager

USD 85,000 – 110,000

International HR Manager

USD 80,000 – 105,000

Risk Analyst

USD 75,000 – 100,000


Frequently Asked Questions

Ques: What is the duration of Masters in International Business (MIB) in USA?

The duration of Masters in International Business (MIB) in USA is typically 1–2 years. Some universities offer accelerated programs that can be completed within 12–16 months, while others provide extended options with internships or co-op opportunities.

Ques: Is GMAT mandatory for Masters in International Business (MIB) in USA?

No, the GMAT is not mandatory for all universities offering Masters in International Business (MIB) in USA. Many universities have waived GMAT/GRE requirements, especially if students have a strong academic background, relevant work experience, or meet certain GPA criteria.

Ques: What is the average tuition fee for Masters in International Business (MIB) in USA?

The average tuition fee for Masters in International Business (MIB) in USA ranges between USD 35,000 and 60,000 per year. Private universities tend to charge higher fees compared to public universities, but scholarships and financial aid are widely available.

Ques: Which are the top universities for Masters in International Business (MIB) in USA?

Some of the top universities for Masters in International Business (MIB) in USA include the University of South Carolina (Darla Moore School of Business), George Washington University, Northeastern University, Florida International University, and Thunderbird School of Global Management (ASU).

Ques: What are the job opportunities after completing Masters in International Business (MIB) in USA?

Graduates of Masters in International Business (MIB) in USA can pursue careers in consulting, international marketing, global supply chain management, and finance. Popular job roles include business consultant, investment analyst, and global project manager, with salaries ranging from USD 70,000 to 150,000 annually.