Deciding to earn a Master’s degree in Management is an important step towards both personal and professional growth. When searching for a top Master’s in Management degree there are many important factors to consider. Students must evaluate and prioritize their prospective schools based on a variety of data points, including accreditation, affordability, average early career pay in graduates, and overall prestige. A program’s prestige takes into account many factors, including competitiveness into the program or business school. This level of eliteness can affect a degree’s brand name, and thus have an affect on each graduate’s competitive advantage in the marketplace. The following universities stand out among the most competitive Master’s in Management programs because of their selective acceptance rates and distinct admissions requirements.
Master’s in Management Programs
The Sloan School of Management at Massachusetts Institute of Technology offers an extremely competitive Master’s of Science in Management Science degree program. This program is one of the leading master’s degrees in its field. This AACSB-accredited master’s program can be completed in as little as nine months, and graduates report a high early-career salary. MIT holds an impressive acceptance rate of only 13.8% for those who apply to the business school. Of the students accepted, the average GMAT score is 713 and the average undergraduate GPA is 3.6. In order to apply to this elite program, prospective students will need to submit an online application, letters of recommendation, transcripts from all previous universities, GRE/GMAT scores, and current resume. There is also an optional essay or video statement component.
At Northwestern University, students can earn a highly respected Master’s of Science in Management Studies through the prestigious Kellogg School of Management. This 10-month, AACSB-accredited master’s program hails from one of the leading business schools in the country. This exceptional MSMS program accepts only 23.2% of applicants and has an average GMAT score of 724. The average undergraduate GPA of accepted applicants is 3.6. Students wishing to apply to the program are encouraged to submit their full undergraduate academic record, proof of successful completion of the prerequisite courses Microeconomics and Quantitative Reasoning, GMAT/GRE scores, two letters of recommendation, two essays, and a video essay. Applicants may also be asked to participate in an interview as part of the application process.
Yale University offers a distinguished Master’s of Science in Advanced Management degree. The Yale School of Management offers an Ivy League business education that is known for its excellence and competitiveness. This superior program accepts only 23.7% of applicants and holds an average GMAT score of 720. The average undergraduate GPA of those accepted into the program is 3.65. Prospective applicants must either be currently enrolled in a Global Network for Advanced Management member school or have recently graduated from a GNAM school with an MBA or equivalent. Additionally, applicants will need to fill out the program’s online application and submit a full academic record, standardized test scores, as well as one professional letter of recommendation.
Attaining a Master’s in Management degree enables students from a wide variety of educational and professional backgrounds to gain proficiency in many aspects of management, including leadership, communication, strategy, and general operations. Additionally, earning a management degree from a highly qualified, recognized, and exceptionally competitive program can make a difference in the quality of instruction, experience, and leverage into leadership roles within their chosen field.