Master of Science [MS] (Management Studies)
Field of Study:
₹64.9 L/Yr
Boston University's MS in Management Studies (MiM) is a 9-month, full-time STEM-designated degree program offered by the Questrom School of Business. The program is ranked 5th globally in the QS Business Master's Rankings 2026 for Management programs. Graduates achieve a 91% offer acceptance rate within 6 months of graduation, with an average total compensation of USD 89,813 (approximately 84 Lakhs INR).
The program accepts approximately 150-180 students per cohort with significant international enrollment. The curriculum emphasizes hands-on learning through real-world client projects, with 50% of learning time dedicated to project-based work. The program is designed for recent college graduates and early professionals without business backgrounds, making it ideal for non-business undergraduates transitioning into management careers.
Current Admission Status:
The next application deadline is May 4, 2026, 11:59 PM EST (8:29 AM IST on May 5, 2026). This is the final round for international students with an active F-1 visa currently in the United States. International students outside the US should have applied by April 15, 2026. Applications are reviewed on a rolling basis, with admission decisions released within 4-6 weeks of submission.
- Why Study MS in Management Studies at Boston University
- MS in Management Studies Tuition & Fees 2026-2027
- Cost of Living in Boston for International Students
- Housing Options for International Students
- Part-Time Work Opportunities for International Students
- Admission Requirements for MS in Management Studies
- MS in Management Studies Ranking
- Scholarships for International Students Studying MS in Management Studies at Boston University
- Placement Data & Job Outcomes for MS in Management Studies Graduates
- Return on Investment for MS in Management Studies (Indian Students)
- Frequently Asked Questions
Why Study MS in Management Studies at Boston University
- STEM Designation with 24-Month OPT: Eligible for 24-month Optional Practical Training (OPT) extension beyond the standard 12-month period, providing extended work authorization in the US after graduation for a total of 3 years.
- 91% Placement Rate Within 6 Months: Class of 2025 data shows 91% of MiM graduates seeking employment accepted job offers within 6 months, with starting salaries averaging USD 89,813 (approximately 84 Lakhs INR).
- Top 5 Global Ranking: Ranked 5th globally in QS Business Master's Rankings 2026 for Management programs, consistently ranked in top 5 for 6 consecutive years.
- Hands-On Learning Model: 50% of curriculum time dedicated to real-world client projects with companies like Accenture, Citi, Oracle, and Boston Children's Hospital, providing immediate practical experience.
- Accelerated 9-Month Timeline: Complete the program in just 9 months (two semesters), allowing faster entry into the job market compared to 12-16 month programs at competing institutions.
- Boston's Business Hub: Located in a city ranked 2nd globally for digital transformation (Times Higher Education), with direct access to leading companies in consulting, finance, tech, and healthcare.
MS in Management Studies Tuition & Fees 2026-2027
The total tuition and fees for the 9-month program is USD 74,272 (approximately 69.4 Lakhs INR). All INR conversions based on USD 1 = INR 93.50 as of April 13, 2026. Exchange rates are subject to change.
| Fee Component | Amount (USD) | Amount (INR) |
|---|---|---|
| Tuition (Fall 2026) | 36,512 | 34.1 Lakhs |
| Tuition (Spring 2027) | 36,512 | 34.1 Lakhs |
| University Fees | 1,248 | 1.2 Lakhs |
| Total Tuition & Fees | 74,272 | 69.4 Lakhs |
Key Fee Details:
- University fees include student services fees, program fees, and health and wellness fees.
- Health insurance (mandatory for all international students under Massachusetts law) costs USD 3,538 annually (approximately 3.3 Lakhs INR) and is charged separately in the fall semester.
- Payment can be made through credit/debit card only; Boston University no longer accepts wire transfers for application fees.
- The program is significantly more affordable than competing 12-month MiM programs, with lower total tuition despite similar quality.
Cost of Living in Boston for International Students
Boston is one of the most expensive US cities for students. The estimated annual living expenses for MiM students total USD 25,988 (approximately 24.3 Lakhs INR) for the 9-month program.
| Expense Category | Estimated Cost (USD) | Estimated Cost (INR) |
|---|---|---|
| Housing & Food | 16,250 | 15.2 Lakhs |
| Books & Course Materials | 1,574 | 1.5 Lakhs |
| Personal Expenses | 3,292 | 3.1 Lakhs |
| Transportation | 1,120 | 1.0 Lakhs |
| Health Insurance | 3,538 | 3.3 Lakhs |
| Loan Origination Fee | 214 | 0.2 Lakhs |
| Total (9-Month Program) | 25,988 | 24.3 Lakhs |
Housing Options for International Students
Boston University offers both on-campus and off-campus housing options. International students typically prefer on-campus housing for the first semester due to convenience and community, then transition to off-campus apartments for cost savings.
On-Campus Housing:
| Housing Type | Annual Cost (USD) | Annual Cost (INR) | Notes |
|---|---|---|---|
| Single Room (2-person apartment) | 22,760 | 21.3 Lakhs | Student Village; includes utilities |
| Double/Triple/Quad Room | 12,180-18,270 | 11.4-17.1 Lakhs | Traditional residences; most affordable |
| Graduate Housing | 15,000-20,000 | 14-18.7 Lakhs | Limited availability for graduate students |
Off-Campus Housing:
| Housing Type | Monthly Cost (USD) | Monthly Cost (INR) | Notes |
|---|---|---|---|
| Shared Apartment (2-3 roommates) | 900-1,200 | 84,000-1.1 Lakhs | Most common for MiM students |
| Studio Apartment | 2,800+ | 2.6+ Lakhs | Rare; typically unaffordable for students |
| 1-Bedroom Apartment | 1,800-2,200 | 1.7-2.1 Lakhs | Shared with roommates to reduce cost |
Housing Notes:
- On-campus housing costs are NOT included in tuition and fees; they are separate charges.
- Off-campus housing is significantly cheaper (USD 900-1,200/month vs USD 1,897/month on-campus) and preferred by most MiM students after the first semester.
- Indian students typically prefer shared apartments in neighborhoods like Allston, Brighton, and Brookline, which are close to campus and have established Indian communities.
Part-Time Work Opportunities for International Students
International students on F-1 visas can work up to 20 hours per week during the academic semester and full-time during official breaks. Massachusetts minimum wage is USD 15.00 per hour as of 2026.
Common Part-Time Jobs for MiM Students:
- Campus Jobs (On-Campus Employment): USD 15-18/hour; includes library assistant, teaching assistant, research assistant roles; no visa restrictions.
- Retail & Food Service: USD 15-17/hour; includes positions at coffee shops, bookstores, and restaurants near campus.
- Tutoring & Academic Support: USD 18-25/hour; high demand for students with strong analytical skills; flexible scheduling.
- Data Entry & Administrative Support: USD 16-20/hour; often available through campus career services; relevant to business background.
- Tech Support & IT Help Desk: USD 17-22/hour; preferred by MiM students; builds professional experience.
Earning Potential:
Working 15 hours per week at USD 15/hour generates approximately USD 900/month (8.4 Lakhs INR annually), which can offset 25-30% of living expenses. Many MiM students combine part-time work with internships during the summer to maximize earnings and experience.
Admission Requirements for MS in Management Studies
The MS in Management Studies program is highly selective, attracting approximately 2,000+ applications for 150-180 spots. The program targets recent college graduates and early professionals without business backgrounds.
Academic Eligibility:
- Bachelor's degree from an accredited institution (4-year degree required; 3-year degrees equivalent to US 4-year degrees are accepted; Indian 3-year bachelor's degrees qualify).
- Minimum undergraduate GPA of 3.0 (on 4.0 scale); competitive applicants typically have 3.3+ GPA.
- Strong academic performance in analytical or technical coursework is preferred but not mandatory.
- Non-business undergraduate degree required or preferred (engineering, science, liberal arts, etc.).
Standardized Test Requirements:
- GMAT or GRE (Optional): Not required for admission; however, submitting competitive scores increases scholarship eligibility. Admissions committee may request scores in rare cases for borderline applicants.
- English Language Proficiency (Mandatory for most international students): TOEFL minimum 90 iBT (or 600 PBT), IELTS minimum 6.5 per band, Duolingo minimum 120, or PTE (standards under development).
English Language Proficiency Waivers:
- Automatic waiver if you completed 3+ years of a bachelor's or master's degree at an institution where English was the sole language of instruction (requires official documentation).
- Automatic waiver if you worked full-time in the US for 2+ years in a post-bachelor's position.
- Case-by-case waiver consideration for applicants with strong English proficiency demonstrated through work experience or other evidence (submit written request before application).
Admission Process:
- Complete online application through Liaison portal.
- Submit resume highlighting leadership experience, analytical skills, and professional/volunteer work.
- Submit four video essays (Kira Talent platform; 60 seconds per response; one attempt only).
- Provide two letters of recommendation (preferably from academic or professional supervisors).
- Submit unofficial transcripts (official transcripts required only upon enrollment).
- Optional essay (250 words max) to address gaps, test retakes, or other concerns.
MS in Management Studies Ranking
Boston University Questrom's MS in Management Studies is ranked 5th globally in the QS Business Master's Rankings 2026 for Management programs. The program has maintained a top 5 ranking for 6 consecutive years.
| Ranking Body | Global Rank | Country Rank | Year |
|---|---|---|---|
| QS Business Master's Rankings | 5 | 2 (USA) | 2026 |
| Times Higher Education (Overall University) | 76 | 25 (USA) | 2026 |
Ranking Context:
- Boston University ranks behind only MIT Sloan, UCLA Anderson, HEC Paris/École Polytechnique, and ESSEC/CentraleSupélec globally.
- The program ranks 2nd among US MiM programs, behind only MIT Sloan.
- Strong alumni outcomes and employer satisfaction drive the high ranking.
Scholarships for International Students Studying MS in Management Studies at Boston University
Boston University automatically considers all admitted international students for merit-based scholarships. No separate application is required. Approximately 60% of admitted students receive scholarships.
Merit-Based Scholarships (Automatic Consideration):
| Scholarship Type | Typical Award | Eligibility | Application Deadline |
|---|---|---|---|
| Dean's Achievement Scholarship | USD 5,000-20,000 | Outstanding academic + professional + personal qualities | Application deadline |
| The Boston Scholarship | USD 10,000-30,000 | GPA 3.3+, leadership, 7+ months work experience, community involvement | Application deadline |
| Partial Tuition Scholarship | USD 5,000-15,000 | Strong academic record + competitive test scores | Application deadline |
| Half-Tuition Scholarship | USD 35,000-37,000 | Exceptional GPA (3.7+) + strong profile | Application deadline |
Key Scholarship Details:
- Scholarship decisions are included in the admission decision letter; no additional application required.
- Scholarships are merit-based only; no need-based aid available for international students.
- Scholarship amounts are applied to tuition only; living expenses and health insurance are not covered.
- Competitive GMAT/GRE scores significantly increase scholarship eligibility; submitting scores is recommended.
External Funding Sources for Indian Students:
- Education Loans: HDFC Bank, ICICI Bank, and Axis Bank offer education loans up to USD 100,000 (approximately 93.5 Lakhs INR) for US master's programs with minimal collateral.
- Government Scholarships: Check Ministry of External Affairs (MEA) and ICCR scholarships for Indian citizens (limited availability).
- Employer Sponsorship: Some Indian IT and consulting firms sponsor employees for US master's programs; inquire with your employer.
Placement Data & Job Outcomes for MS in Management Studies Graduates
Boston University MiM graduates achieve exceptional employment outcomes. Class of 2025 data shows 91% of graduates seeking employment accepted job offers within 6 months of graduation.
| Outcome Metric | Data |
|---|---|
| Employment Rate | 91% |
| Average Total Compensation (USD) | 89,813 |
| Starting Salary Range (USD) | 65,000-120,000 |
| Geographic Distribution (Domestic) | 85%+ |
| Time to Offer | 6 months average |
Top Hiring Companies:
- Consulting: Accenture, McKinsey & Company, PwC, EY, Deloitte, Slalom, PA Consulting
- Technology: Oracle, Citi, Boston Children's Hospital, Chubb, Gran Thornton
- Finance: Capital One, Fidelity Investments, BlackRock, JP Morgan
- Other: Nike, Adidas, Unilever, CVS Health, IQVIA
Job Roles:
- Management Consultant (30%)
- Business Analyst (25%)
- Product Manager (20%)
- Operations Manager (15%)
- Other (10%)
Return on Investment for MS in Management Studies (Indian Students)
The total investment for the 9-month MiM program is approximately USD 100,260 (approximately 93.7 Lakhs INR), including tuition, fees, living expenses, and health insurance. Graduates earn an average starting salary of USD 89,813 (approximately 84 Lakhs INR) in the US, with significant salary growth within 3-5 years.
Salary Progression for MiM Graduates:
- Year 1 (Entry-Level Management/Business Analyst): USD 65,000-80,000 (approximately 61-75 Lakhs INR)
- Year 2-3 (Senior Analyst/Manager): USD 85,000-110,000 (approximately 79-103 Lakhs INR)
- Year 4-5 (Senior Manager/Director): USD 120,000-150,000 (approximately 112-140 Lakhs INR)
ROI Calculation (9-Month Program):
| Metric | Amount (USD) | Amount (INR) |
|---|---|---|
| Total Program Cost | 100,260 | 93.7 Lakhs |
| Year 1 Salary (Average) | 89,813 | 84 Lakhs |
| Year 1 Net (After Taxes ~25%) | 67,360 | 63 Lakhs |
| Break-Even Period | 1.5 years | 1.5 years |
| 5-Year Cumulative Earnings | 500,000 | 467.5 Lakhs |
| 5-Year Net ROI | 399,740 | 373.8 Lakhs |
Key ROI Insights:
- The program breaks even in approximately 1.5 years, making it a financially sound investment for Indian students.
- STEM OPT extension (24 months) allows graduates to work in the US for 3 years total, significantly increasing lifetime earnings compared to non-STEM programs.
- Many graduates transition to India or other countries after gaining US experience, commanding premium salaries (USD 80,000-120,000 equivalent in India) due to US credentials and experience.
- Graduates working in India typically earn 1.5-2x more than peers without US master's degrees, justifying the initial investment.
Frequently Asked Questions
Ques: Does Boston University MiM sponsor F-1 visas for international students?
Ans: Yes, Boston University sponsors F-1 visas for all admitted international students. The university issues an I-20 form (Certificate of Eligibility) once you submit proof of financial support covering tuition, fees, and living expenses (approximately USD 100,260 for the 9-month program). You must demonstrate financial capacity through bank statements, sponsor affidavits, or education loans. The MiM program is designated as full-time, making all students eligible for F-1 sponsorship. International students must maintain full-time enrollment (minimum 9 credits per semester) to maintain valid F-1 status.
Ques: Can I work part-time during my MiM studies, and what are the work restrictions?
Ans: Yes, F-1 international students can work up to 20 hours per week during the academic semester (fall and spring) and full-time during official university breaks. On-campus employment (library, teaching assistant, research assistant roles) has no restrictions and is the easiest option for international students. Off-campus employment requires authorization through Curricular Practical Training (CPT) or Optional Practical Training (OPT) and must be directly related to your field of study. After graduation, you are eligible for 12 months of standard OPT plus an additional 24 months of STEM OPT (total 36 months), allowing you to work in the US for 3 years without employer sponsorship.
Ques: Is the MiM program suitable for students without a business background, and what if I majored in engineering or science?
Ans: Yes, the MiM program is specifically designed for students without business backgrounds. The program welcomes students from engineering, science, liberal arts, and other non-business disciplines. In fact, the program targets recent college graduates and early professionals transitioning into management careers. The curriculum is structured to teach business fundamentals from the ground up, with no prerequisite business knowledge required. Many admitted students have backgrounds in engineering, computer science, psychology, and other fields. The program's hands-on, project-based learning approach helps non-business students quickly develop practical management skills and business acumen.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹6489526 (USD 69870) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing and Food | ₹1434996 (USD 15450) |
| Transportation | ₹104026 (USD 1120) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | ₹6489526 (USD 69870) |
| 2024 | ₹6596523 (USD 71022) |
| 2023 | ₹5925558 (USD 63798) |
| 2022 | ₹5439053 (USD 58560) |
| 2021 | ₹5439053 (USD 58560) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline for Fall 2026 Intake | |
Scores Required
Required Document List
Complete Application
Application Fee
Official Transcripts
English Language Requirements
A copy of the Passport
Documentation of Financial Support
Resume
Three Video Essays
GRE/GMAT score optional
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TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Dean's achievement Scholarship | Cost Varies | Proven leadership potential and at least 7 months of professional work experience with 3.3 CGPA or above. |
| The Boston Scholarship | Cost varies | Proven leadership potential and at least 7 months of professional work experience with 3.3 CGPA or above. |
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
College Student Profiles
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Comindware Scholarship | Scholarship per student₹ 3.7 L/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₹ 18.6 L/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student₹ 9.3 L/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student₹ 1.9 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
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|---|---|---|---|---|
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