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Key Takeaways – Boston University MiM Fees
✅ Tuition & Fees: Boston University MiM tuition for 2025–2026 is $69,870 with $1,152 in university fees, and the estimated total cost including living expenses is about $96,204.
💼 Living Costs: Annual living expenses are $25,182 covering housing, food, books, personal expenses, transportation, health insurance, and loan origination fees.
📊 Scholarship Options: Scholarships include Dean’s, Global Diversity, BU Alumni, Graduate Assistantships, and external awards like Fulbright, and applying early improves chances.
⭐ Work Opportunities: International students can work up to 20 hours a week on campus, apply for CPT after one academic year, and earn $15–$30 per hour depending on the role.
💡 Earnings Potential: Part‑time jobs and internships can offset $500–$1,000 a month in living costs while adding valuable U.S. work experience to your resume.
Introduction
Boston is the kind of city where your morning coffee can cost as much as lunch back home. When you’re planning a master’s here, every dollar counts. That’s why understanding the Boston University MiM fees is more than just looking at tuition. It’s about knowing the real cost of your dream. From your classroom seat to the rent you’ll pay each month.
This isn’t another boring list of numbers. Think of it as a simple map for your year in Boston. What you’ll spend on classes. What it takes to live in one of America’s most expensive and inspiring cities. Where you can save through scholarships or smart choices. By the end, you’ll know exactly how much to plan for. And how to make sure every rupee you spend works in your favor.
Boston University MIM Fees & Living Expenses
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Before you start packing for Boston , you need a clear picture of the full cost of studying here. Moving to a new city for a master’s isn’t just about tuition. It’s the rent you’ll pay each month. The groceries that add up faster than you expect. The extra costs you won’t see coming unless you plan ahead. Knowing all of it now means you won’t be blindsided later.
For the 2025–2026 academic year, tuition for the Boston University MiM is $69,870. It’s billed over two semesters. On top of that, there are $1,152 in mandatory university fees. These cover student services, campus facilities, and health resources.
These numbers matter. They’re not just lines on a bill. They’re the budget you’ll need to learn from faculty with real‑world experience. To study in a city full of opportunities. And to graduate with skills that can open doors in consulting, finance, tech, and more. The Boston University MiM fees are only part of the story. The other part is the cost of living in Boston. And that’s where smart planning can make all the difference.
Boston University MiM Tuition & Living Expenses (2025–2026)
| Expense |
Cost (USD) |
| Tuition (per year) |
$69,870 |
| University Fees |
$1,152 |
| Housing & Food (Estimated) |
$15,450 |
| Books (Estimated) |
$1,574 |
| Personal (Estimated) |
$3,292 |
| Transportation (Estimated) |
$1,120 |
| Health Insurance |
$3,538 |
| Loan Origination Fee (Estimated) |
$208 |
| Total Estimated Cost |
$96,204 |
Notes:
- *Tuition fees may vary depending on the year of enrollment.
- Health insurance is currently reflective of the 2024-2025 academic year and is subject to change for 2025-2026 & 2026-2027 academic years
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Living Expenses in Boston
Boston is an incredible city to study in, but it’s also one of the most expensive in the U.S. If you’re coming here for the Boston University MiM, the rent, groceries, and even your daily commute can add up faster than you expect. Having a clear idea of what you’ll spend makes it easier to set a budget and avoid money worries once you’re here.
For the 2025–2026 academic year, Boston University estimates the following for a 9‑month stay:
- Housing & Food: Around $15,450 for rent, utilities, and meals. This could mean living in a BU residence hall or sharing an apartment off‑campus. It covers essentials like electricity, water, and internet, plus your basic food costs.
- Books & Supplies: About $1,574 for textbooks, course materials, stationery, and any software you might need for assignments.
- Personal Expenses : Estimated at $3,292 for clothing, mobile phone plans, laundry, and the occasional night out or leisure activity.
- Transportation: Around $1,120 for getting around the city. Most students use the subway or buses, but this budget also allows for occasional ride‑shares or taxis.
- Health Insurance: $3,538 for BU’s student health insurance plan if you’re not already covered under a qualifying plan.
- Loan Origination Fee: About $208 if you take out U.S. federal loans.
Total Estimated Living & Indirect Costs: $25,182
Boston University MIM Fees Scholarships
Covering the Boston University MiM fees becomes easier if you know what scholarships you can apply for early on. BU offers a mix of merit-based awards and need-based aid for MiM students, and some are automatically considered during your application. External scholarships can also help cut down your total cost.
Here are some of the main options:
- Dean’s Scholarship: Awarded to students with exceptional academics, strong leadership potential, and impressive application materials. You don’t need to apply separately — if your profile stands out, you’ll be automatically considered.
- Global Diversity Scholarship: For students from underrepresented regions or backgrounds who can bring fresh perspectives to the class. The award amount varies, and your chances depend on how strong your overall profile is.
- BU Alumni Scholarship: If you’ve completed your undergraduate degree at Boston University and are coming back for a master’s, this scholarship can help reduce your tuition as part of BU’s alumni benefits.
- Graduate Assistantships: These are part‑time roles where you assist faculty or departments in exchange for tuition support or a stipend. They’re competitive and usually require a separate application after you’ve been admitted.
- External Scholarships: Programs like Fulbright, Inlaks Shivdasani Foundation, and certain country‑specific education boards offer funding for international students. Most have early deadlines, so it’s smart to start preparing your applications while working on your BU admission.
Apply early, as most scholarships have limited funds and are awarded on a rolling basis. Highlight leadership, academics, and international exposure in your essays, and track deadlines on BU’s scholarship page and external funding sites.
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Part-Time Jobs and Potential Earnings
The first time you check Boston’s rent prices or see your grocery bill, you’ll understand why most students here look for part‑time work. It’s not just about earning extra cash, it’s about keeping your living costs manageable and adding U.S. work experience to your resume. Even a few hours a week can make a real difference.
At Boston University, MiM students have several ways to work alongside their studies, both on and off campus. International students on an F‑1 visa can work up to 20 hours per week during the semester and full‑time during breaks. Some roles are open immediately, while others, like off‑campus internships, require completing an academic year before you’re eligible.
At Boston University, MiM students can explore several part‑time opportunities alongside their studies:
- On‑Campus Jobs: Positions like research assistantships, library assistants, or student ambassadors. These roles are available right away and pay around $15–$20 per hour. They’re convenient because you can work between classes without leaving campus.
- Off‑Campus Jobs (CPT) : After completing one academic year, F‑1 students can apply for Curricular Practical Training (CPT) to take up part‑time work related to their program. Opportunities in Boston include hospitality, tutoring, and entry-level roles in various industries.
- Internship Programs : BU’s career services connect students with paid internships in consulting, finance, tech, and healthcare. These roles offer hands-on experience, with pay typically between $18–$30 per hour.
- Federal Work‑Study Program: For U.S. citizens and eligible permanent residents, this program offers on-campus or community service roles with pay similar to other campus jobs.
- Entrepreneurship and Freelancing: While F‑1 students have restrictions during the program, BU’s entrepreneurship center helps you build business or freelance ideas you can launch during Optional Practical Training (OPT) after graduation.
Student Visa Work Hour Restrictions
International students pursuing their MIM degree at Boston University should be aware of the work-hour restrictions their student visa imposes. Here are a few key points regarding work-hour limitations for international students:
| Job Type |
Eligibility |
Average Pay (USD/hour) |
Hours Allowed |
| On‑Campus Jobs |
All students (F‑1: no extra authorization) |
$15 – $20 |
Up to 20 during semester, full‑time on breaks |
| Off‑Campus (CPT) |
F‑1 students after 1 academic year |
$18 – $25 |
As per CPT authorization |
| Paid Internships |
All students (CPT/OPT for F‑1 if off‑campus) |
$18 – $30 |
Varies by employer |
| Federal Work‑Study |
U.S. citizens or eligible residents only |
$15 – $20 |
Up to 20 during semester |
| Freelancing/Contract (OPT) |
F‑1 students after graduation (OPT) |
Varies widely |
No official cap during OPT |
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Conclusion
Pursuing a Master's in Management Studies at Boston University is a significant investment in your future. Understanding the Boston University MiM fees, living expenses, available scholarships, ROI, part-time job opportunities, and student visa work-hour restrictions is crucial for effective financial planning. As one of the top MiM colleges in USA, Boston University provides a supportive environment for students, both academically and financially, ensuring that deserving students can access quality education and build a successful career in management.
