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

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 |
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Popular Specialisations |
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Top Recruiters |
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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 (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.