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Massachusetts Institute of Technology

Massachusetts, United States

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Private University

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Established in 1861

About

Massachusetts Institute of Technology (Sloan) or popularly called MIT Sloan School of Management is the private business school of the Massachusetts Institute of Technology. It was established in 1914 in Cambridge, Massachusetts, United States. MIT Sloan is accredited by AACSB and constitutes several programs through public and private collaborations and partnerships with its other locations. 

Massachusetts Institute of Technology (Sloan) courses are available for the degrees of bachelor's, master's, and Doctoral degrees. The school also provides executive educational degrees. The school of management has a strength of 1300 students which includes 43% of the international students on the premises.

Top Reasons to Study in the Massachusetts Institute of Technology

Massachusetts Institute of Technology (Sloan) has an impressive record of international students. This is due to the remarkable benefits it offers to its students.

  • The Massachusetts Institute of Technology (Sloan) aims to attract and invite numerous big fortune companies like Facebook, Google, Pfizer, Microsoft, Amazon, and more. The students get direct exposure to the companies and have high placement changes with these companies after graduation. 

Massachusetts Institute of Technology (Sloan) scholarships are available for financial assistance and fellowships for students. There are many fellowships awarded to the students at MIT, some of which include Fundacion Gondra Barandiaran, Legatum Fellowship, McKinsey Award, Lemann Education fellowship, and more.


Cost of Studying at Massachusetts Institute of Technology

Average tuition fee

High-end

12345

Living expenses

Average living expenses (Bachelors)

$79,850

Average living expenses (Masters)

$79,850

Average on-campus living expenses

$18,790

Rankings for The Massachusetts Institute of Technology

#2

US World and News Report

Admissions at The Massachusetts Institute of Technology

Avg acceptance rate (Bachelors)

7%

Application Fee

$75 - $250


How to Apply at Massachusetts Institute of Technology

  • The student must submit all the required documents related to their desired program at once. 
  • Fill out the application form with your details.
  • Submit the transcripts of bachelor's degree or equivalent. 
  • The students must submit microeconomics, accounting, or macroeconomics background proof for some courses. 
  • Students must submit the supporting documents to supplement their application. 
  • Submit the application fee, wherever applicable. 

Note: Application Portal: Online application portal 

Massachusetts Institute of Technology (Sloan) application fee: 250 USD (19,000 INR).


Documents Required to Apply to Massachusetts Institute of Technology

  • Statement of Purpose 
  • Entrance scores of GMAT/ GRE.
  • English language proficiency test scores 
  • Three Academic letters of recommendation
  • Professional resume of not more than 2 pages
  • Video essay between 2 to 5 minutes
  • Academic transcripts of previous academic qualifications 
  • I-20 and F-1 Visa forms

Exams Accepted By the University

Massachusetts Institute of Technology (Sloan) admission observes that a high percentage of students who become a part of MIT Sloan get into the MBA program. GMAT is a compulsory exam for the students while the students can submit GRE scores for programs. 

The students must refer to the MIT Sloan website to understand the examination process in depth. 

Courses 

Exams 

MBA

GMAT: 730

GRE: Verbal: 162

Quantitate: 165

English Proficiency Requirements 

The students must cross the following minimum requirements in the English language test to become a student at MIT Sloan School of Management.

Test

Minimum Requirements 

TOEFL

PBT: 577

IBT: 90

IELTS

7

Duolingo English Test 

120

Cambridge English Test 

185

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Courses at the Massachusetts Institute of Technology

Students

240

Yocketers applied

15

Yocketers admitted

3,216

Yocketers interested


Yocketer profiles

Ragashree M C

Ragashree M C

Computational Science and Engineering

dot

Fall 2022

Kinshuk Nigam

Kinshuk Nigam

System Design & Management

dot

Fall 2022

Neel Mandani

Neel Mandani

Architecture

dot

Spring 2024


International Students

% of international students in the university

31.1

Total International Students in the university

3718


Alumni

MIT Sloan has strong, supportive and proactive alumni members. Some of the notable alumni members are John W Thomson (Chairman of Microsoft, since 2014), Brian Halligan (CEO and CO-founder of Hubspot) and Robin Chase (Co-founder and Former CEO of Zipcar).

Scholarships

Deadline

15/02/20

Scholarship amount

$45,542

Degree

Bachelors

Scholarship type

Need based

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Campus

Number of campuses the university has
1

Campus locations
Massachusetts

View on Google Earth University-Brochure


Transportation in the city

MIT students can avail of the MIT commuter passes to avail the flexibility, ease, and variety of transport at the centre. The Access MIT Pass is available for the students, staff, and faculty members which allows free, unrestrained travel in the bus networks and MBTA subway. The pass users also avail of additional benefits like subsidised parking and reimbursements on private commutations.


Services offered by the university

  • The campus of MIT Sloan is furnished with amenities like music, art, theatres, and other entertainment choices.
  • The institution runs its exhaustive research centre called Martin Trust Centre for MIT Entrepreneurship.
  • The school is surrounded by numerous tech giants, startups and biotech companies, and research centres. 
  • Some of the activities available around the campus include an art museum, sporting events, cultural shows, and art exhibitions.

Student life

The MIT Sloan campus is located along the Charles River in Cambridge, Massachusetts.

  • MIT students are a part of more than 450 organisations, clubs, and associations. The associations and clubs are run entirely by the students. Some of these include the Solar Electric vehicle team, Debate team, Outing club, MIT Society for Women Engineers, and Student Art association. 
  • The students participate in the glorious competitions and events of the college. 
  • The students spend their time in the facilities surrounding the premises of the school like restaurants, cafes, and more.

On campus accomodation

Massachusetts Institute of Technology (Sloan) international students are offered on-campus accommodation within the eight residential halls of the school. The students in the first year are required to stay on-campus as they must stay on campus during their first year of the program.

  • MIT Sloan accommodates housing for students looking to stay alone or with family. 
  • The residence halls are assigned to students on a priority basis. 
  • The campus accommodates an all-female hall reserved for females. 
  • Students are given all the necessary residential needs at the premises. 

Faculty

University Faculty:Student Ratio

11:1

University Faculty Stats

Massachusetts Institute of Technology (Sloan) has a male to female ratio of 13:12. The Sloan School of Management has a student-to-faculty ratio of 3:1. It has more than 70% of the classes with a class size of fewer than 20 students.

Opportunities

University Endowments Value

27400000000

Research opportunities at university

MIT Sloan has built highly recognized research laboratories and centres for the students that aim to offer an atmosphere of innovation and development. Some of the research centres are the MIT centre for energy and environmental policy research, MIT operations research centre, MIT laboratory for financial engineering, and MIT Entrepreneurship labs. 


Internship opportunities (Part time job opportunities)

MIT Sloan facilities impact-oriented internships for its students. The purpose of the internships is to integrate sustainability, inclusion, equity ESF measurement, and more with the values of ambition and perseverance. The MIT Sloan Career Development Office provides financial support and identifies the high-calibre well suited for the internships. 


Placement - Companies and average salaries offered

Massachusetts Institute of Technology (Sloan) has a high employment rate among its graduates. The students have a high sense of satisfaction as 47% of the job-seeking graduates are employed at higher positions by employers. The highest-paid salary of the graduates at the MIT Sloan is 313,000 USD (2,42,63,000 INR) per year in the Healthcare and Medicine centre.

Contact


Email

admissions@mit.edu

Address

77 Massachusetts Ave, Cambridge, MA 02139, United States


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FAQs

1. What are the average Massachusetts Institute of Technology (Sloan) tuition fees ?
The average tuition fee at the MIT Sloan School of Management is 40,732 USD (31,57,000 INR) per year.

2. What are Massachusetts Institute of Technology (Sloan) GPA requirements for enrolment ? 
Massachusetts Institute of Technology (Sloan) expects students to maintain a GPA of 3.49 in its programs to get enrolled in the institution. 

3. Does the Massachusetts Institute of Technology (Sloan) offer courses in distance learning or online learning?
MIT does not offer any online learning degree programs online. However, the students can avail the world-class quality of MIT online for free. 

4. What is the Massachusetts Institute of Technology (Sloan) acceptance rate?
Massachusetts Institute of Technology (Sloan) is the third most highly competitive school in the USA with an acceptance rate of 14%.

5. Does the Massachusetts Institute of Technology (Sloan) offer student exchange programs?
The students at MIT Sloan can avail the Exchange Scholar Program available at the campus to participate with the university partner MIT.