Study Abroad Content Writer at Collegedunia.com | Updated On - Apr 29, 2024
Highlights:
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| QS Rankings 2024 | University | Annual Tuition Fee (USD) | Application Link | Application fee |
|---|---|---|---|---|
| #23 | Columbia University | 67,864 | Apply Now | 100 USD |
| #28 | Johns Hopkins University | 88,000 | Apply Now | 75 USD |
| #58 | University of Texas at Austin | 53,000 | Apply Now | 90 USD |
| #99 | Purdue University | 45,111 | Apply Now | 75 USD |
| #116 | University of Southern California | 69,904 | Apply Now | 90 USD |
| #134 | Texas A&M University | 35,229 | Apply Now | 65 USD |
| #136 | Michigan State University | 37,500 | Apply Now | 75 USD |
| #323 | University of Illinois at Chicago | 36,788 | Apply Now | 757 USD |
| #556 | Florida International University | 31,500 | Apply Now | 30 USD |
| - | Pace University | 43,800 | Apply Now | 70 USD |
Note: USD 1= INR 83.48 as of April 29 2024
Why Study Marketing in USA?
Marketing is a very important aspect of the survival of any business. The generation of revenue for any company depends upon how efficient and effective its marketing team is. The following points discuss how good the job prospect is in USA for Masters in Marketing graduates:
- Job Opportunities: As per BLS, the overall employment of managers of advertising, promotions, and marketing managers is anticipated to increase by 6% between 2022 and 2032, creating about 34,000 job openings. About 99,800 new positions for market research analysts are expected to be created, each year, from 2022 to 2032.
- GMAT Requirements: International students can also pursue Masters in Marketing in USA without a GMAT/GRE score. Some of the top universities for masters in marketing in USA without GMAT include:
- New York University
- Georgetown University
- Boston University
- George Washington University
- MS in Marketing Analytics in USA can get you a good return on investment up to 117%. The ROI of other universities is given below
Masters in Marketing in USA Admissions
Pursuing any MS in USA requires the international student to hold 16 years of education (10+2+4), which means you must have a four year bachelor's degree. Along with a bachelor’s degree, you are also required to submit a GRE/GMAT score. International students are also required to demonstrate English language proficiency by submitting IELTS or TOEFL test scores.
MS in Marketing USA Eligibility
The basic eligibility for admission to masters in marketing in US are as follows
- Bachelor's degree in related fields with mathematics and English as core subjects
- Minimum 83-86% or 3.0 GPA on a 4.0 scale
- GRE or GMAT test scores
- IELTS: 7.0 or TOEFL scores: 100+
- GMAT score: 600+
Admission Requirements for Masters in Marketing Analytics USA
GMAT/ GRE and scores in exams to study in USA are tabulated below for digital marketing master degree USA.
| University | GRE or GMAT | English language proficiency |
|---|---|---|
| Columbia University | Required
Admitted students have GMAT total: 740 GRE (quant): 168 GRE (verbal): 162 |
TOEFL: 100
IELTS: 7.5 Admitted students have TOEFL: 111 |
| Johns Hopkins University | Required
Admitted students have 704 average GMAT 336 average GRE |
IELTS: 7.0
TOEFL: 100 |
| University of Texas at Austin | Optional | TOEFL: 79
IELTS: 6.5 |
| Purdue University | 500 GMAT score or equivalent GRE score | Equivalent to TOEFL score of 93 or IELTS score of 7.5 |
| University of Southern California | Required | TOEFL: 90
IELTS: 6.5 PTE: 61 |
| Texas A&M University | GRE – 152 verbal and 154 quantitative | GMAT – 600 | TOEFL: 80
IELTS: 6.0 |
| Michigan State University | No minimum scores required | TOEFL: 100
IELTS: 7 DET: 110 PTE: 70 |
| University of Illinois at Chicago | Optional | TOEFL: 80
IELTS: 6.5 PTE: 54 |
| Florida International University | 500 on the GMAT or at least a 304 on the GRE | TOEFL iBT: 80
IELTS: 6.5 DET: 110 |
| Pace University | GMAT/GRE requirement can waived with a higher GPA of 3.2 | TOEFL score: 80
IELTS: 6.5 PTE: 52 |
Masters in Marketing in USA: Documents Required
For pursuing MS in product management USA, international applicants are required to submit the following documents along with the application.
- Transcripts of 10th, 12th, and bachelors
- Updated Resume with detailed work experience
- Recommendation Letters
- Statement of Purpose for USA
- Proof of relevant work experience
- Essays (based on university’s guidelines)
- Proof of funding: Applicants must have a bank statement showing a minimum account balance that can cater to their first-year tuition fees and living expenses.
- USA Student Visa
Masters in Marketing in USA Cost
Another important factor to consider while applying for studying abroad is the cost of study. It has majorly two components associated with it: Tuition Fees, and Post-arrival Cost. The annual tuition fees of the top universities offering master degree in marketing USA for international students range between 31,000-88,000 USD (25-73 lakhs INR).
Cost of Living in USA
The average cost of living in the USA for an international student is around 15,000 USD (12 lakhs INR) per annum. The amount varies depending upon your lifestyle, type of accommodation you choose and other utilities you avail while studying here. The estimated cost of various expenses are provided below.
| Expense Type | Average Monthly Expense (USD) | Cost for Indian Students (INR) |
|---|---|---|
| Accommodation | 1,500 | 1.24 lakhs |
| Utilities | 205 | 17,000 |
| Mobile & Internet | 120 | 9,980 |
| Meals | 334 | 27,700 |
| Transportation | 72 | 5,980 |
| Miscellaneous | 150 | 12,400 |
Note: USD 1= INR 83.48 as of April 29 2024
Masters in Marketing in US Scholarships
The cost of studying in USA is comparatively higher than in other countries and could be a major concern for many international students. Average scholarship offered is 10,000 USD/year to students pursuing an MS in any of USA universities.
Most of these scholarships cover tuition and other charges of students The table below provides a few popular scholarships for international students in USA pursuing Masters in Marketing degree:
| Scholarship | Granting Institute | Eligibility | Amount |
|---|---|---|---|
| Partial Tuition Scholarships | Columbia Business School | Need-Based | 10,000-30,000 USD |
| International Education Fee Scholarship | Mays Business School (Texas A&M) | Financial Need | Variable |
| AAUW International Fellowship | American Association of University Women (AAUW) | International students with a bachelor's degree | 20,000 - 50,000 USD |
| FIU Online Academic Merit Scholarship | FIU | International students enrolled in online programs | 2,000 USD |
| YouAreWelcomeHere Scholarships | US Government | International student applying to US Universities | 50% tuition fee coverage |
Note: USD 1= INR 83.48 as of April 29 2024
Masters in Marketing in USA Scope
Marketing graduates are usually offered roles in the advertising, promotion, and sales department of a company. Marketing Managers employed in professional scientific and technical services earned the highest wage of 140,040 USD (1.16 crores INR) per annum as compared to other industries.
Advertising, public relations, and related services paid an annual salary of 127,830 USD (1.06 crores INR) to graduates of Masters in Marketing in USA. Some of the top employers providing high-paying jobs in USA to marketing graduates are Amazon, BBC America, Google, IBM, and JPMorgan Chase & Co.
| Job Title | Average Salary (USD) | Average Salary (INR) |
|---|---|---|
| Marketing Manager | 71,499 | 59 lakhs |
| Marketing Specialist | 58,227 | 48 lakhs |
| Digital Marketing Manager | 73,867 | 61 lakhs |
| Digital Marketing Specialist | 58,471 | 48 lakhs |
| Marketing Coordinator | 49,041 | 40 lakhs |
| Marketing Analyst | 68,105 | 56 lakhs |
| Product Marketing Manager | 93,548 | 78 lakhs |
| Content Marketing Manager | 82,475 | 68 lakhs |
| Brand Manager | 77,204 | 64 lakhs |
Note: USD 1= INR 83.48 as of April 29 2024
Choosing to study in USA itself increases your value of education and doing a specialized degree speaks volumes about your caliber. Masters in Marketing in US is one of the popular courses among all the undergraduates who are interested in learning advanced marketing skills or are marketing professionals. Through a MSc marketing USA, the graduates are equipped with the marketing tools and concepts and are trained to work in the industry, NPOs, consulting firms, government, and at all other places where there is a requirement of a marketing professional with core knowledge.
FAQs
Ques: Is MS in marketing worth it in USA?
Ans: Yes, over 200 universities in USA offer a postgraduate degree in this discipline. With 25 of US universities included in the list of QS News Ranking 2024 for Masters in Marketing, USA is one of the top study-abroad destinations for the program. Marketing is also available as a specialization of an MBA in USA.
After completing a Masters in Marketing in USA, you can earn an average pay of 71,000 USD (59 lakhs INR). The average salary can go as high as 160,000 USD (1.33 crore INR). Some of the top employers providing high-paying jobs in USA to marketing graduates are Amazon, BBC America, Google, IBM, and JPMorgan Chase & Co.
Ques: How much does an MS in marketing earn in USA?
Ans: Marketing graduates are usually offered roles in the advertising, promotion, and sales department of a company. Marketing Managers employed in professional scientific and technical services earned the highest wage of 140,040 USD (1.16 crores INR) per annum as compared to other industries.
| Job Title | Average Salary (USD) |
|---|---|
| Marketing Manager | 71,499 |
| Marketing Specialist | 58,227 |
| Digital Marketing Manager | 73,867 |
| Digital Marketing Specialist | 58,471 |
| Marketing Coordinator | 49,041 |
Ques: Is MS in marketing a stem degree in USA?
Ans: Some of the programs associated with Masters in Marketing in USA have received a STEM designation. These programs, with a strong focus on data analytics, include the ones offered by Columbia Business School, University of Texas, University of Maryland, etc. These STEM courses in USA give international students a 24-month work visa extension post-MS.
Ques: Is marketing in demand in USA?
Ans: Yes, as per BLS, the overall employment of managers of advertising, promotions, and marketing managers is anticipated to increase by 6% between 2022 and 2032, creating about 34,000 job openings. About 99,800 new positions for market research analysts are expected to be created, each year, from 2022 to 2032.
Ques: How much does MS marketing cost in USA?
Ans: The annual tuition fees of the top universities offering Masters in Marketing in USA for international students range between 31,000-83,000 USD. John Hopkins and Columbia University charge the highest tuition fees among these. The annual cost for pursuing Masters in Marketing in USA for Indian students ranges from 25 lakhs-69 lakhs INR annually.
Ques: What is the qualification required for admission to MS in marketing in USA?
Ans: For pursuing MS in Marketing USA, international applicants are required to submit the following documents and test scores along with the application.
- Bachelor's degree in related fields with mathematics and English as core subjects
- Minimum 83-86% or 3.0 GPA on a 4.0 scale
- GRE or GMAT test scores (GMAT: 600+)
- IELTS: 7.0 | TOEFL: 100
- Transcripts of 10th, 12th, and bachelors
- Updated Resume with detailed work experience
- Recommendation Letters
- Statement of Purpose
- Proof of relevant work experience
- Essays (based on university’s guidelines)
- Proof of funding: Applicants must have a bank statement showing a minimum account balance that can cater to their first-year tuition fees and living expenses.
- USA Student Visa
Ques: What are some of the top universities offering Masters in marketing in USA?
Ans: The top 10 universities offering Masters in Marketing in US for international students are listed below.
| QS Rankings 2024 | University |
|---|---|
| #23 | Columbia University |
| #28 | Johns Hopkins University |
| #58 | University of Texas at Austin |
| #99 | Purdue University |
| #116 | University of Southern California |
| #134 | Texas A&M University |
| #136 | Michigan State University |
| #323 | University of Illinois at Chicago |
| #556 | Florida International University |
| - | Pace University |
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