$35,760 /Yr
DePaul University Master of Science (M.S.) Management is a 15-month, full-time graduate programme offered by the Kellstadt Graduate School of Business in Chicago. The programme requires a bachelor’s degree, GMAT/GRE scores optional, and English proficiency (TOEFL 80 IBT or IELTS 6.5). Total programme cost is USD 44,700 (INR 42.58 Lakhs). Intakes: Winter (Jan), Spring (Apr), Summer (Jun), Fall (Sep). The programme is STEM-designated, eligible for 24-month OPT extension.
The M.S. Management programme trains professionals in strategic leadership, organizational behaviour, and business operations. DePaul’s strength lies in small cohorts (120 per year), 40% international students, and placement within three months of graduation. Ideal candidates are early-career professionals seeking advanced management credentials without MBA-level workload or those planning to work in the USA post-graduation.
- STEM-designated: 24-month OPT extension available for eligible international graduates seeking US work experience.
- Small cohort environment: 120 students annually with 40% international representation ensures personalized mentoring and networking.
- 91% employment rate within six months: Direct pathway to management roles at Fortune 500 firms and mid-size US companies.
Current Admission Status
Applications for the Winter 2026 intake are Open. International student deadline: 15 October 2026.
For Indian students, WES credential evaluation typically takes three to four weeks. Submit applications by early October to allow time for evaluation and visa processing.
Also Check: DePaul University Admission
DePaul University Master of Science Management Fees and Living Costs 2026
Total tuition for the 15-month M.S. Management programme is USD 44,700 (INR 42.58 Lakhs). Annual programme costs break down as follows.
| Fee Component | USD (per year) | INR (per year) | Total for 15 months | INR Total |
|---|---|---|---|---|
| Tuition (full-time) | USD 35,760 | INR 34.06 Lakhs | USD 44,700 | INR 42.58 Lakhs |
| Technology & activity fees | Included | — | Included | — |
| Health insurance (estimated) | USD 2,000 | INR 1.91 Lakhs | USD 2,500 | INR 2.38 Lakhs |
| Total academic year | USD 37,760 | INR 35.97 Lakhs | USD 47,200 | INR 44.96 Lakhs |
Tuition does not include health insurance, international student fees, or visa fees. DePaul’s tuition covers all coursework and campus resources.
- Merit scholarships range from USD 5,000 to USD 20,000 per year (INR 4.76 Lakhs to INR 19.05 Lakhs), awarded automatically with admissions decisions.
- Teaching or research assistantships provide USD 7,500 per year (INR 7.15 Lakhs) plus partial tuition remission.
- Federal loans are unavailable to international students; plan on financing through savings, parent loans, or education loan providers in India.
All INR conversions in the article use a conversion rate of USD 1 = INR 95.26 as of June 2026. Rates fluctuate daily, verify before applying.
Cost of Living in Chicago for Master of Science Management Students
| Expense Category | Monthly USD | Monthly INR | 15-month Total USD | 15-month Total INR |
|---|---|---|---|---|
| Rent (shared apartment, Chicago Loop area) | USD 950–1,100 | INR 90,497–1.05 Lakhs | USD 14,250–16,500 | INR 1.36–1.57 Lakhs |
| Food & dining | USD 400–600 | INR 38,104–57,156 | USD 6,000–9,000 | INR 5.72–8.58 Lakhs |
| Transport (public transit pass) | USD 100–150 | INR 9,526–14,289 | USD 1,500–2,250 | INR 1.43–2.15 Lakhs |
| Phone & utilities | USD 80–120 | INR 7,621–11,431 | USD 1,200–1,800 | INR 1.14–1.72 Lakhs |
| Books, supplies, miscellaneous | USD 150–200 | INR 14,289–19,052 | USD 2,250–3,000 | INR 2.15–2.86 Lakhs |
| Total monthly budget | USD 1,680–2,170 | INR 1.60–2.07 Lakhs | USD 25,200–32,550 | INR 24.00–31.00 Lakhs |
Tip for Indian students: Total 15-month cost-of-living budget for Chicago is INR 24–31 Lakhs. Combined with tuition (INR 44.96 Lakhs), plan for approximately INR 69–76 Lakhs total. The Chicago Loop location offers lower rent than downtown New York or San Francisco, making DePaul cost-effective for US business education.
Read More: Cost of Living in USA
DePaul University Master of Science Management Admission 2026
DePaul welcomes applications from international students. No work experience is mandated, though the programme targets early-career professionals. The business school accepts students from all undergraduate backgrounds.
| Admission Requirement | Minimum / Details |
|---|---|
| Bachelor’s degree | Accredited institution; cumulative GPA 3.0 or higher preferred |
| GMAT or GRE | Optional; waived for candidates with strong GPA (3.5+) or relevant work experience |
| Work experience | Not required; early-career students welcome |
| Typical GMAT score (admitted students) | 550–650 |
| GPA of admitted cohort | 3.2–3.7 |
| Application materials | Bachelor’s transcripts (official or unofficial); GMAT/GRE (if submitted); personal statement; two professional recommendations; CV |
English Language Proficiency (ELP) Requirements
| English Test | Minimum Overall | Minimum per Section / Component | Notes |
|---|---|---|---|
| TOEFL iBT | 80 | 17 per section (Reading, Writing, Listening, Speaking) | Most common choice for Indian students; valid for two years |
| IELTS (Academic) | 6.5 overall | 6.0 in all four bands | Accepted; plan 12 weeks preparation from India |
| Duolingo English Test | 115 | — | Fast, low-cost alternative; results in 48 hours |
| PTE Academic | 53 | — | Computer-based; shorter preparation timeline |
- TOEFL 80 (17 per section) is DePaul’s standard threshold; IELTS 6.5 slightly less stringent for band balancing.
- Most Indian MBA applicants score 85–95 TOEFL with four to six months of structured preparation; expect 8–10 weeks for M.S. candidates.
- Duolingo (115) is the fastest path if taking TOEFL risks missing early application deadlines; DePaul accepts it equally for graduate admissions.
DePaul University is ranked 67th among US business schools (US News 2025). The Kellstadt Graduate School holds AACSB accreditation, placing it in the top 5% of global business schools.
Honest take: M.S. Management admission is straightforward for Indian students with TOEFL 80+ and GPA 3.2+. GMAT optional waiver applies if your undergraduate GPA from a recognized institution exceeds 3.5. The cohort is 40% international, so significant Indian student presence eases transition.
Also Check: DePaul University Ranking
DePaul University Master of Science Management Application 2026
DePaul operates rolling admissions with multiple intake windows. Applications close approximately six weeks before intake month. Submit all required documents together to avoid delays in credential evaluation.
| Intake | International Deadline | Programme Start | Status |
|---|---|---|---|
| Winter | 15 October 2026 | January 2027 | Open |
| Spring | 15 January 2027 | April 2027 | Expected |
| Summer | 15 April 2027 | June 2027 | Expected |
| Fall | 15 June 2027 | September 2027 | Expected |
- Credential evaluation (WES) takes three to four weeks; initiate immediately after completing your TOEFL if you lack it.
- Admission decisions release within two to three weeks of a complete application; early submission (90 days before deadline) accelerates acceptance.
- Visa I-20 documents are typically issued within one week of admission; US Embassy appointment availability then determines your travel timeline.
Application tip: The Winter 2026 deadline is October 15 (90 days away). If targeting Winter, finalize TOEFL and WES evaluation by mid-September. Missing Winter rolls you to Spring (Jan 15 deadline), adding four months to your start date.
Check Out: USA Student Visa Requirements
DePaul University Master of Science Management Scholarships 2026
Merit scholarships at DePaul range from USD 5,000 to USD 20,000 annually (INR 4.76–19.05 Lakhs). Assistantships provide additional support. Scholarship awards are granted automatically upon admission; no separate application is required.
| Scholarship Type | Amount (USD) | Amount (INR) | Eligibility |
|---|---|---|---|
| Merit scholarship (standard) | USD 5,000–USD 10,000 annually | INR 4.76–9.53 Lakhs annually | GPA 3.2+; GMAT optional if GPA 3.5+ |
| Merit scholarship (high-achieving) | USD 15,000–USD 20,000 annually | INR 14.29–19.05 Lakhs annually | GPA 3.7+; strong GMAT/professional profile |
| Teaching/Research assistantship | USD 7,500 + partial tuition remission | INR 7.15 Lakhs + offset | Strong academic profile; competitive; 20–30 positions annually |
| International student scholarship | USD 3,000–USD 8,000 annually | INR 2.86–7.62 Lakhs annually | First-generation international student; financial need |
- A USD 10,000 annual scholarship reduces total 15-month cost from USD 44,700 to USD 29,700 (INR 42.58 Lakhs to INR 28.30 Lakhs).
- Assistantships are competitive; secure one only if your profile includes strong research skills or prior TA experience.
- Scholarship awards are applied at enrolment; you cannot defer to a later semester or exchange for a different scholarship tier.
Scholarship reality: Mid-range merit scholarship (USD 10,000 per year) is realistic for Indian applicants with GPA 3.3+. Combined with assistantship, actual cost can drop to INR 18–22 Lakhs for the full 15-month programme. Apply only to schools offering need-aware aid if your family income qualifies for financial hardship scholarships.
Read More: DePaul University Scholarships
DePaul University Master of Science Management Salary 2026
M.S. Management graduates from DePaul report strong placement outcomes. Employment rate within six months post-graduation is 91%. Average starting salary ranges from USD 55,000 to USD 75,000 annually (INR 52.39–71.51 Lakhs), depending on industry and location.
| Career Metric | Figure | INR Equivalent | Notes |
|---|---|---|---|
| Employment rate (6 months post-grad) | 91% | — | Employed in management or operations roles |
| Average starting salary (base) | USD 62,000 | INR 59.12 Lakhs | Excludes bonuses and equity |
| Salary range (25th–75th percentile) | USD 55,000–USD 75,000 | INR 52.39–71.51 Lakhs | Varies by function (operations, finance, supply chain) |
| Median salary (3 years post-grad) | USD 78,000–USD 92,000 | INR 74.40–87.74 Lakhs | Reflects promotions and employer switches |
| Top employers | Deloitte, EY, KPMG, PwC, Aon, Willis Towers Watson | — | Big Four consulting and professional services |
- Signing bonuses for management consulting roles typically range from USD 10,000 to USD 25,000 (INR 9.53–23.82 Lakhs).
- Take-home salary is 70–75% of gross after federal (22%), state (5%), and FICA taxes in Illinois.
- The STEM OPT extension allows 24 months of post-graduation work authorization, enabling high earners to save INR 20–30 Lakhs before returning to India.
Source: DePaul Career Outcomes Report 2025, Kellstadt Graduate School
ROI reality: USD 62,000 starting salary minus 25% taxes leaves USD 46,500 net annually (INR 44.35 Lakhs). Over 24 months of OPT work, a graduate can save INR 30–40 Lakhs, significantly offsetting the USD 44,700 programme investment. Management roles at consulting firms offer faster salary growth than operations roles.
Check Out: DePaul University Graduate Outcomes
USA Visa Pathway for Master of Science Management 2026
International students in the M.S. Management programme qualify for F-1 Student Visa. Upon graduation, STEM-designated graduates are eligible for Optional Practical Training (OPT) of up to 36 months total (12 months base plus 24-month STEM extension), enabling full-time US work experience.
- F-1 visa allows unrestricted full-time study and on-campus work up to 20 hours weekly during semesters.
- Optional Practical Training (OPT) post-graduation: 12-month base period, extendable to 36 months if degree is STEM-designated (M.S. Management qualifies).
- H-1B visa sponsorship: Employers can petition for permanent work visa after OPT expires; no quota applies to early applicants.
- Spouse and dependents on F-2 derivative visas can work only if principal F-1 is on OPT; plan childcare costs accordingly.
Visa reality: F-1 visa approval is nearly automatic for admitted students from India at AACSB universities. Focus on financial documentation (bank statements, sponsor affidavit) rather than interview performance. STEM OPT extension to 36 months makes DePaul graduates extremely competitive for H-1B sponsorship post-graduation.
Also Check: USA Post-Study Work Visa (OPT & H-1B)
DePaul University Master of Science Management Ranking 2026
DePaul University ranks 67th among US business schools (US News & World Report 2025). The Kellstadt Graduate School of Business holds AACSB International Accreditation, placing it in the top 5% of accredited business schools globally. No subject-specific ranking for M.S. Management is published by QS, THE, FT, or ARWU; rankings reflect the school’s overall business accreditation tier.
| Ranking Body | Ranking | Category | Year |
|---|---|---|---|
| US News & World Report | 67th | US Business Schools (Overall) | 2025 |
| AACSB Accreditation | Top 5% | Global Business Education Standard | Active |
| Academic Rigor (GMAT 25–75th percentile) | 550–650 | Cohort standardized test range | 2025 |
Key insight: Rank 67 places DePaul in the "strong regional" tier for US business schools. It lacks Ivy prestige but offers excellent network value in Midwest consulting, finance, and operations. Indian students benefit from established alumni networks in Chicago and India-based offshoring centres (Deloitte, EY, KPMG all employ 500+ DePaul graduates in India).
DePaul University’s Master of Science Management programme offers a direct path to management roles for international students seeking US work experience without an MBA-level time commitment. At USD 44,700 total tuition (INR 42.58 Lakhs) with 40% international cohorts, strong placement (91% employed in six months), and STEM OPT eligibility, it is cost-competitive for Indian applicants targeting Chicago’s finance and consulting sectors. The programme’s rolling deadlines and optional GMAT make it accessible for early-career professionals.
Master of Science Management FAQs
Ques. Is GMAT required for M.S. Management admission at DePaul?
Ans. GMAT is optional. Candidates with a bachelor’s degree and GPA 3.5 or higher are automatically waived from GMAT submission. If your undergraduate GPA is 3.0–3.5, submitting GMAT (550+) strengthens your application. GRE is accepted as an alternative.
Ques. Can I work part-time while studying the M.S. Management programme at DePaul?
Ans. Yes. F-1 visa rules allow international students to work on campus (up to 20 hours per week during semesters) without requiring Employment Authorisation Document (EAD). Examples include graduate assistantships in the business school or library roles. Off-campus work is not permitted during studies unless on approved CPT (Curricular Practical Training).
Ques. What is the STEM OPT extension, and how does it benefit M.S. Management graduates?
Ans. STEM OPT extends post-graduation work authorization from 12 months to 36 months total. Since M.S. Management is STEM-designated, graduates can work in the US for up to three years. This timeline enables strong earners to save USD 100,000 to USD 180,000 before returning to India or applying for H-1B visa sponsorship.
Ques. Are there scholarships available for Indian students pursuing M.S. Management at DePaul?
Ans. Merit scholarships of USD 5,000 to USD 20,000 per year (INR 4.76–19.05 Lakhs annually) are awarded automatically upon admission. GPA 3.3+ and demonstrated professional experience (work or volunteer) increase scholarship likelihood. Teaching and research assistantships (USD 7,500 plus partial tuition offset) are also available competitively.
Ques. What is the cost of living for a single student in Chicago during the M.S. Management programme?
Ans. Monthly cost of living in Chicago ranges from USD 1,680 to USD 2,170 (INR 1.60–2.07 Lakhs). For the 15-month programme, budget INR 24–31 Lakhs total. Shared apartments in the Chicago Loop (DePaul’s main campus area) cost USD 950–1,100 per month. Food, transport, and miscellaneous expenses add USD 730–1,070 monthly.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $35760 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | $18201 |
| Transportation | $1284 |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2024 | $35760 |
| 2023 | $27504 |
| 2022 | $19836 |
| 2021 | $25920 |
Scores Required
Required Document List
- Submit an essay explaining students' interest in the program and their professional goals.
- Submit a resume that summarizes their work experience and educational background.
- Submit their official transcripts from all degree-granting institutions they have attended.
Key Resources for Your Study Abroad Journey
Course Guides
Best MS Courses in USA for International Students in 2025
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MS in USA With Low GPA: Universities, Requirements, and Admissions
Career and Placement after Course
DePaul University graduates enter the real world equipped with an arsenal of skills, a large alumni network and an assortment of resources to make career decisions more than 93 percent of DePaul's business students were employed, continuing education or not seeking employment at the time of the survey. About 97 percent of graduates are working full-time in jobs related to their degrees. Nearly 100 percent of MBA students with concentrations in accountancy, economics, finance, and real estate found jobs in their field.
College Student Profiles
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Chuan Ai Lu Engstrom Memorial Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| FINCAD Women in Finance Scholarship | Scholarship per student$ 20,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
-- | USD 23,640 /Yr |
|
Do you think the Dates are wrong ? Report Here
interested in this College ?
Follow & Share this college to get information about admission.
Comments