MBA in Marketing in USA: Fees, Top Colleges, Placements & Salaries

MBA in Marketing in USA: Fees, Top Colleges, Placements & Salaries

Highlights:

  • Intakes: The MBA in Marketing in USA has three intakes in most universities, namely the fall, spring, and summer intake. The fall intake is the most popular admission season among international students.
  • Top Specializations and Fees: The top specializations in this field include topics like Brand Management, Advertising Management, Digital Marketing, Marketing Management, etc. Students need to pay an annual tuition fee of USD 30,000 - USD 85,000 (INR 24 lakhs – 70 lakhs) to study MBA in Marketing in USA.
  • GMAT and GRE score Requirements: To study an MBA in Marketing in USA students need an average GMAT score of 720 and above or an average GRE score above 300.
  • Job Roles: After graduating with an MBA in Marketing in the US, students are eligible to get job roles like Marketing Manager, Brand Manager, Market Research Analyst, etc.
  • Top Recruiters: Some of the most popular recruiters of MBA in Marketing in USA graduates are Procter & Gamble, Pepsico, Unilever, Google, AMEX, and Amazon.
  • Work Permit Visa Eligibility: Graduates are eligible to apply for an H1-B visa in the USA after completion of their MBA in Marketing. This visa allows an applicant residency for 3 years in the USA.

MBA in Marketing in USA provides students with an in-depth understanding of marketing strategies and management techniques necessary to succeed globally. Applicants can choose among some of the best industry-specific specializations like Brand Management, Digital Marketing, Global Marketing, etc in this course. Students need to submit the following documents for admission to any MBA in Marketing course in the USA:

  • Academic Transcripts
  • GRE or GMAT Score submission
  • ELP score submission
  • SOP and LOR submission
  • Work experience certificate
  • CV
  • Financial Statement

The average annual tuition fee range among the best universities for MBA in Marketing in USA can range between USD 30,000 - USD 85,000 (INR 24 lakhs – 70 lakhs). Students can also expect a salary range between USD 60,708 (INR 50 lakhs) - and USD 96,122 (INR 80 lakhs) after completion of the degree. Moreover, top recruiters like Google, Apple, Target, etc, offer marketing MBA graduates jobs in the USA.

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The return on investment after securing an MBA in Marketing in USA seems to provide students with as much as 156% returns. The reason behind such an exceptional ROI is that the course fee is not that high, and the jobs offered in the US provide a good salary scale even to freshers in this field. The universities providing the highest ROIs are as follows:

  • University of Alabama
  • McCombs School of Business
  • University of Florida
  • Johns Hopkins University
  • University of Southern California

Top Specializations in MBA in Marketing in USA

Specializations in MBA in Marketing are curated in a way to make students industry-ready. Some of the top specializations in any best marketing masters programs in the US are listed below:

  • Brand Management
  • Advertising Management
  • Digital Marketing
  • Marketing Management
  • Consumer Behaviour
  • Global Marketing
  • Market Research
  • Market Strategy
  • Retail

Best Universities for MBA in Marketing in USA

MBA in Marketing can open up a world of career opportunities, and studying in USA can provide a truly immersive learning experience. These are some of the best universities for MBA in Marketing in USA, along with the application deadlines and tuition fee:

University Program name Deadlines Total Tuition Fees (USD) Total Tuition Fees (INR)
Columbia Business School MBA in Marketing 5 Jan 2024 | 3 April 2024 84,496 70 lakhs
University of Chicago MBA in Marketing Management 4 January 2024 | 4 April 2024 80,961 67 lakhs
Harvard Business School MBA in Marketing 3 Jan 2024 74,910 62 lakhs
Kellogg School of Management MBA in Marketing (Major) 10 January 2024 | 3 April 2024 81,015 67 lakhs
University of Alabama MBA in Marketing 6 May 2024 31,460 26 lakhs
Johns Hopkins University MBA in Marketing 24 January 2024 | 20 March 2024 69,000 57 lakhs
University of Southern California MBA in Marketing 5 January 2024 | 1 Mar 2024 | 15 April 2024 72,000 59 lakhs
Ross School of Business MBA in Marketing 11 January 2024 | 4 April 2024 75,392 62 lakhs
McCombs School of Business MBA in Marketing 5 January 2024 | 26 Mar 2024 | 9 May 2024 58,720 48 lakhs
University of Florida MBA in Marketing 15 Oct 2023 61,260 50 lakhs

Admissions for an MBA in Marketing in USA are usually done in 3 intakes, namely the fall, spring, and summer intake. The fall intake deadline typically falls between December and January, and it is the most popular US university application deadline among international candidates. The spring intake deadline is in August or September for best marketing masters USA. The summer intake deadline is typically in February or March.

MBA in Marketing in USA Admissions

The admission process for MBA in Marketing in USA typically involves submitting an online application form along with application fees and supporting documents such as academic transcripts, GMAT/GRE scores, English proficiency test scores (TOEFL/IELTS), resume/CV, statement of purpose, and letters of recommendation.

Documents Required for USA Student Visa

MBA in marketing in USA universities can be studied only when a student has received their US visa for students like F1-Visa or J1-Visa. Listed below are the documents required for obtaining a US visa:

  • Proof of equivalent academic documents.
  • Results of the TOEFL/IELTS/PTE examination
  • Financial resources for their course of study.
  • Admission confirmation letter
  • SOP for US student visa
  • MRV fee receipt

MBA in Marketing in USA Eligibility Criteria

Entry requirements for international students to obtain an MBA in Marketing in USA differ from one university to another. However, the general requirements that one must meet to be eligible for admission are:

  • Academic Transcripts
  • Minimum GPA- 3.0 out of a 4.0 scale (83-86%)
  • GRE or GMAT Score- Required
  • English Proficiency Test Score- IELTS: 6.5-7.0 | TOEFL-iBT: 90-100 Overall
  • Statement of Purpose/Essay- Required
  • Letters of Recommendation- 1-2 LoRs
  • Coursework: Economics, Statistics, Management, Marketing, Marketing strategy, Digital marketing, leadership and ethics, brand management, pricing strategy, sales management, etc.
  • Experience- Minimum requirement of 2 years of professional work experience
  • USA Student Visa

MBA in Marketing in USA Admission Requirements

Best marketing masters in USA admissions mostly require students to submit their GMAT scores. The median score required for GMAT is above 700 at most top universities. There can be no requirement of GMAT/GRE in colleges that provide masters in marketing USA without GMAT. But all MBA courses in USA in general requires standardized test scores.The various other admission requirements and exams to study in USA for MBA in Marketing in USA are as follows:

University Academic requirement GMAT/GRE score Minimum IELTS score required Additional documents
Columbia Business School A bachelor’s degree from a recognized institution GMAT- 730 6.0 Proof of English language proficiency | Official transcripts | Resume | Personal Essay | 1 LoR
University of Chicago A bachelor’s degree from a recognized institution GMAT- 730
GRE- 325
6.0 Proof of English language proficiency | Official transcripts | Resume | Personal Essay
Harvard Business School A bachelor’s degree from a recognized institution GMAT- 740
GRE- 326
7.5 Proof of English language proficiency | Official transcripts | Resume | Personal Essay | Two LoR
Kellogg School of Management A bachelor’s degree from a recognized institution GMAT- 731
GRE- 326
6.5 Proof of English language proficiency | Official transcripts | Resume | Personal Essay | Two LoR | Interview
The University of Alabama A bachelor’s degree from a recognized institution GMAT- 500
GRE- 300
6.5 Proof of English language proficiency | Official transcripts | Resume | Personal Essay | 3 LoR
Johns Hopkins University A bachelor’s degree from a recognized institution GMAT- 673
GRE- 316
7.0 Proof of English language proficiency | Official transcripts | Resume | 2 Essays | 1 LoR | Interview
University of Southern California A 4-year bachelor’s degree from a recognized institution GMAT- 722
GRE- 323
6.0 Proof of English language proficiency | Official transcripts | Resume | 2 Essays
Ross School of Business A 4-year bachelor’s degree from a recognized institution GMAT-719
GRE- 322
6.0 Proof of English language proficiency | Official transcripts | Resume | 3 Essays | 1 LoR | Interview
McCombs School of Business A bachelor’s degree from a recognized institution GMAT- 704
GRE- 321
6.0-6.5 Proof of English language proficiency | Official transcripts | Resume | Personal Essays | LoRs |
University of Florida A bachelor’s degree from a recognized institution GMAT- 680 6.0-6.5 Proof of English language proficiency | Official transcripts | Resume | Statement of Purpose | 2 LORs |

Cost of Living in USA

Major expenses such as food, transportation, and other cost of living in USA can add up to approximately USD 15,000 to USD 30,000 (INR 12 lakhs – 24 lakhs) per year. The following chart shows the average annual expense for the various types of expenses to live in the USA:

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MBA in Marketing in USA Scholarships

Candidates facing financial hardship while pursuing MBA in Marketing in USA can look forward to the various scholarship programs and grants in order to fund their education. Following is the list of some of the popular MBA scholarships in USA for international students:

Scholarship Eligibility criteria Award Value
The FC Austin Scholarship Strong academic excellence | Strong leadership potential Full tuition coverage for up to 2 years
Kellogg merit-based scholarship Strong academic excellence and leadership potential Full tuition fee coverage
HBS scholarship Strong academic excellence | Must be enrolled in a MBA program Tuition fee coverage of up to USD 11,000 (INR 9.15 lakhs)
Harvard MBA scholarship Strong academic excellence and leadership potential Full tuition coverage | Travel and other expenses coverage
Chicago Booth merit scholarship Strong academic excellence and leadership potential Full tuition fee coverage
Donald P Jacobs international scholarship Strong academic excellence and leadership potential Tuition fee coverage

Jobs after MBA in Marketing in USA

After the successful completion of an MBA in Marketing in USA, graduates can expect various top-level placements. Some of the top recruiters of MBA in Marketing students include top companies like:

  • Procter & Gamble
  • Pepsico
  • Unilever
  • Google
  • AMEX
  • Amazon
  • Apple
  • Starbucks
  • Nike
  • Target
  • Meta

The following graph shows the average annual salary that graduates can expect for different positions in MBA jobs in USA:

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Professions Average Salary (USD) Salary for Indian Student (INR)
Marketing Manager 72,730 60 lakhs
Brand Manager 79,390 66 lakhs
Public Relations Manager 77,294 64 lakhs
Management Consultant 96,122 80 lakhs
Market Research Analyst 60,708 50 lakhs
Business Development Manager 81,063 67 lakhs

Work Permit Visa in USA

As an MBA in Marketing Management USA, you will be entitled to several high-paying jobs in USA. This further helps applicants to enroll for their H1-B visa in the USA. The H1-B visa is intended for people with a college degree or higher, or the equivalent in work experience, who work in a specific professional or academic field or have special expertise. These visas allow for a three-year residency period. Moreover, H1-B petitions can be portable from one job to another. The eligibility criteria for H1-B visa are as follows:

  • Hold a bachelor’s or higher degree or its equivalent.
  • Hold an unrestricted state license, registration, or certification that authorizes you to fully practice the specialty occupation and be immediately engaged in that specialty in the state of intended employment.
  • A statement indicating the names of noncitizens currently employed on the project in the United States and their dates of employment and the names of noncitizens whose employment on the project ended within the past year.

MBA in marketing in USA universities prepares a student to be industry-ready. Moreover, top firms like Google, Apple, Target, etc provide some of the highest-paid job roles to graduates in this field. The salary range after acquiring the best marketing MBA in USA is between USD 60,708 (INR 50 lakhs)- and USD 96,122 (INR 80 lakhs). Students also receive a higher percentage of ROI after completion of their MBA in Marketing in USA.

FAQs

Ques: Is an MBA in marketing worth it in the USA?

Ans: According to the QS World University Rankings 2024, several US institutions, including the University of Pennsylvania's Wharton School and Harvard Business School, rank among the top 10 MBA programs in the world. Additionally, Graduates of an MBA in Marketing in the USA can expect competitive salaries and long-term career growth opportunities. Furthermore, the marketing industry is expected to grow at a steady rate in the coming years, creating new job opportunities for MBA graduates.

Ques: What are the eligibility criteria for an MBA in Marketing in the USA?

Ans: Eligibility criteria for an MBA in Marketing in the USA typically include an undergraduate degree, minimum GPA, standardized test scores (GMAT/GRE), English proficiency test scores (TOEFL/IELTS), statement of purpose, and letters of recommendation. Some programs may also require work experience or prerequisite coursework.

Ques: What is the duration of an MBA in Marketing program in the USA?

Ans: The duration of an MBA in Marketing in the USA can vary depending on the institution and program, but typically range from 1 to 2 years. Some programs may offer accelerated or part-time options.

Ques: What are the job opportunities after completing an MBA in Marketing in the USA?

Ans: Graduates with an MBA in Marketing in the USA can pursue various job roles in the marketing industry, such as brand managers, product managers, marketing managers, market research analysts, and more. Some of the top employers in the marketing industry in the USA include Procter & Gamble, Google, Amazon, and Coca-Cola.

Ques: What is the cost of studying MBA in Marketing in the USA?

Ans: The cost of studying for an MBA in Marketing in the USA can vary depending on the institution and program. For international students, tuition fees can range from USD 20,000 (INR 16 lakhs) to USD 70,000 (INR 58 lakhs) per year, with living expenses ranging from USD 15,000 (INR 12 lakhs) to USD 20,000 (INR 16 lakhs).

Ques: What is the difference between an MBA in Marketing and a Masters degree in Marketing in the USA?

Ans: MBA in Marketing programs are more comprehensive and cover a wider range of business topics, while Masters in Marketing programs focus solely on marketing concepts and strategies. MBA in Marketing programs typically include courses in accounting, finance, strategy, operations, and leadership, in addition to marketing-specific courses. Masters in Marketing programs, on the other hand, focus more narrowly on marketing research, consumer behavior, advertising, and branding.

Ques: What is the application process for an MBA in Marketing in the USA?

Ans: The application process for an MBA in Marketing in the USA typically involves submitting an online application form, along with required documents such as academic transcripts, standardized test scores (GMAT/GRE), English proficiency test scores (TOEFL/IELTS), resume/CV, statement of purpose, and letters of recommendation.

Ques: Is it necessary to take standardized tests like the GMAT or GRE for an MBA in Marketing in the USA?

Ans: Yes, most MBAs in Marketing in the USA require standardized test scores such as GMAT or GRE as a part of the eligibility criteria. Some institutions may also accept other tests, such as the Executive Assessment (EA) or Graduate Record Examination (GRE).

Ques: Are there scholarships available for international students to study MBA in Marketing in the USA?

Ans: Yes, many institutions offer scholarships and financial aid for international students to study MBA in Marketing in the USA. However, the availability and amount of scholarships may vary depending on the institution and program. It's important to research and apply for scholarships early in the application process and meet the eligibility requirements.

Ques: Can international students work while studying MBA in Marketing in the USA?

Ans: Yes, international students can work part-time on-campus while studying MBA in Marketing in the USA. International students may also be eligible for internships or co-op programs that offer work experience and networking opportunities in the marketing industry.

Ques: What are the top-ranked MBA in Marketing in the USA?

Ans: The top-ranked MBA in Marketing in the USA includes those offered by Harvard Business School, Wharton School of Business, and Kellogg School of Management. These programs are highly competitive and selective and offer rigorous coursework, experienced faculty, and extensive networking opportunities. Other top-ranked programs include those offered by Stanford Graduate School of Business, Sloan School of Management at MIT, and Booth School of Business at the University of Chicago.

Ques: Can I get a job after an MBA in marketing?

Ans: Yes, students with an MBA in Marketing are eligible for several jobs in the field in the USA. There are enormous career opportunities in the government and private sector once you have completed an MBA in Marketing in the USA. MBA Marketing opportunities lie in sectors like Retail, Tourism, Banking, Hospitality, Advertising, Media, Consultancy, Market Research, etc.

Ques: Is marketing a good career in the USA?

Ans: Yes, Marketing is a career that assures a lot of future growth in the USA. According to the U.S. Bureau of Labor Statistics, advertising, promotions, and marketing managers should experience a career growth of about 6% over the next decade.

Ques: Is an MBA in marketing in demand in the USA?

Ans: Indeed MBA in Marketing is quite in demand in the USA. After degree completion, you will be equipped with knowledge in leadership skills as well as in-depth knowledge about marketing. These help in making you a valuable hire in a number of roles. The total number of marketing jobs is expected to grow by 10% by 2030.

Ques: How long is an MBA in marketing in the USA?

Ans: In general, the duration of an MBA in Marketing course in the USA is between 1.5 to 2 years, depending on the full-time or part-time study option. The universities for MBA in Marketing in the USA mostly offer Fall and Spring intake.

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