As a student in the Master's in Management Studies program at Maryland Smith, you'll develop valuable skills that make you more competitive in the job market. The program focuses on critical thinking, problem-solving, and effective business strategies. This blog post explores the University of Maryland MIM salary, sector-wise salaries, locationwise salary, and other opportunities associated with the Maryland MIM degree.
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Average Graduate Salary
The average starting salary for Master in Management (MIM) graduates from the University of Maryland can vary depending on various factors, including industry, job function, location, and prior work experience. However, MIM graduates from reputable programs often command competitive salaries.
While specific data on the University of Maryland's MIM program may not be available, it is common for MIM graduates to earn starting salaries in the range of $60,000 to $90,000 per year. The actual starting salary can be higher or lower based on individual circumstances and market conditions.
The table given below shows the salary range percentile-wise for the year 2022 for the University of Maryland out of the total reported salaries which is 1,935.
| Head | Data |
| Reported Salaries | 1,935 |
| 25th Percentile | USD 54,820.46 |
| 50th Percentile | USD 71,648.38 |
| 25th Percentile | USD 83,395.66 |
Sector-Wise Opportunities & Earnings
In the Maryland MIM program, graduates can expect handsome Maryland MIM salaries in sectors such as consulting, finance, marketing management, project management, and strategy and innovation.
Consulting
MIM graduates can leverage their problem-solving and strategic thinking skills to secure positions with competitive salaries ranging from $60,000 to $80,000 or more, depending on the firm and location.
Finance
MIM graduates can explore roles in investment banking or financial analysis, with potential salaries ranging from $65,000 to $90,000. These positions capitalize on the financial knowledge gained during the program, offering attractive compensation packages.
Marketing
Maryland MIM salary typically range from $55,000 to $75,000 for entry-level positions. As MIM graduates apply their skills in brand management, market research, and consumer behavior, they can expect opportunities for salary growth and advancement in marketing departments or agencies.
Project Management
strong organizational and leadership skills acquired through the MIM program can lead to salaries ranging from $60,000 to $85,000. These positions involve overseeing and executing projects, ensuring their successful completion within budget and on schedule.
In the realm of strategy and innovation, MIM graduates can contribute to organizations' success by developing effective strategies and driving innovation. Maryland MIM salary in this field can range from $65,000 to $90,000, reflecting the strategic thinking and problem-solving abilities cultivated in the MIM program.
| Sectors | Salary Range |
| Consulting | $60,000 to $80,000 |
| Finance | $65,000 to $90,000 |
| Marketing | $55,000 to $75,000 |
| Project Management | $60,000 to $85,000 |
Job Placement Records
The University of Maryland MIM career paths equips students with the technical and analytical skills to lead organizations in data-driven decision-making, technology development, and information governance and security. The University of Maryland MIM curriculum also infuses education in business management, design, and the social sciences to address the growing and unique need for information professionals who understand complex social and organizational issues. As a result of this unique curriculum, practical skills training, and hands-on learning opportunities, our graduates are prepared to apply their skills directly and immediately in their careers – resulting in our 99% job placement rate.
Data Analytics & Visualization to Drive Organizational Decision-Making
- Students learn how to analyze and transform data into meaningful insights that drive social and organizational decision making.
- Graduates become data scientists, data analysts, business analysts, gaming and entertainment analysts, data visualization specialists, market research analysts, information taxonomists, digital marketing specialists, cyber-threat analysts, information security analysts.
Technology Development & Deployment in Organizations
- Students learn how to assess and develop technology and applications that meet the information and data needs of businesses, organizations, and their users.
- Graduates become technology and application designers, product developers, interactive designers, IT solutions designers, web developers, information architects, business technology consultants.
Organizational Information Strategy & Governance
- Students learn how to assess, manage, and advance information and technology systems in any organization.
- Graduates become chief data officers, directors of information governance and policy, systems administrators, information compliance specialists, database architects, directors of information assurance, digital records managers, and cyber-threat intelligence officers, information security specialists.
Top companies hiring
The University of Maryland MIM salary program opens doors to a wide range of companies and organizations that actively recruit graduates. With its strong reputation and rigorous curriculum, the program attracts top employers from various industries seeking talented individuals with a solid foundation in business and management.
Companies across sectors such as consulting, finance, technology, healthcare, and more actively engage with the University of Maryland MIM program for recruitment purposes. These companies value the skills and knowledge MIM graduates bring to the table, including their ability to analyze data, make informed decisions, and contribute to organizational success.
You can check the list of top employers for the University of Maryland MIM in the table given below.
| Consulting | Finance | Technology |
| Deloitte | American Express | Accenture |
| KPMG | First Citizens Bank | Capgemini |
| EY | World Bank | IBM |
| J.P. Morgan | Capital One | Microsoft |
Maryland MIM placements by industry
Graduate placement rate: (2021 UMD Career Center survey): 96.5% placement (employment or continued education); 95% of graduates report that their education at the UMD INFO College supported their career goals.
Global Salary Trends
Graduates of the University of Maryland MIM salary can indeed vary across different locations. While the provided data indicates a projected annual base starting salary range of $65,000 to $95,000 for new hires, it's important to consider various factors that can influence salary fluctuations in specific regions.
The graduates of University of Maryland MIM program were placed in several different locations for the employment purpose. The highest number of students were placed in Maryland fiollowd by the other US countries. Only 1% of the graduates were placed outside of the US.
| Locations | Percentage of Graduates Placed |
| Maryland | 39% |
| Other US | 18% |
| Virginia | 16% |
| District of Columbia | 12% |
| New York | 10% |
| California | 4% |
| Outside US | 1% |
LBS MBA Famous Alumni
More than 67,000+ University of Maryland MiM alumni have received its inception. When alumni are asked why they picked UMD, the reasons are clear and often similar: the bustling capital city, the University’s international renown, the diversity of the student body, the unique programme content, and the quality of the faculty.
Some Famous Alumni for University of Maryland MIM
- Kevin Hank (Founder and CEO of Under Armour)
- Sergey Brin (co-founder of Google)
- Dr Michael Crosby
- Penelope Dalton
Maryland MIM Advantage
A Legacy of Excellence
When you choose the Master in Management in USA program at the University of Maryland, you're not just selecting a course; you're becoming part of a legacy. This program stands tall on a foundation of academic excellence, a hallmark of the University of Maryland. Here, excellence isn't just a word—it's an experience. You'll be immersed in a learning environment that's been meticulously crafted to foster innovation, critical thinking, and leadership.
Global Recognition & Network
The Maryland MIM isn't just recognized in the United States; it's a globally acknowledged program. This global recognition opens doors to unparalleled opportunities. Whether you dream of working in a multinational corporation or making an impact in emerging markets, this program paves the way.
Conclusion
The Maryland MIM program equips students with valuable skills and knowledge that make them highly employable. With a strong Maryland MIM salary range, diverse sector-wise opportunities, and the chance to explore various locations, the program sets graduates on a path towards successful and rewarding careers. Pursuing a Master's in Management Studies at Maryland Smith can be a stepping stone to a bright future.
