About

University Type

Private

University Type

US News National rank

5

US News National rank

Average Living Expenses

$1,34,061

Average Living Expenses

The MIT Sloan School of Management, established in 1914, is the business school of the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts. It offers undergraduate, master's, and doctoral programs, emphasizing innovation and research in management and finance. The school has been instrumental in developing influential concepts such as the Black–Scholes model and system dynamics.

What is the Acceptance Rate at MIT Sloan?

MIT Sloan's programs are highly selective. The undergraduate acceptance rate at MIT is approximately 4.1%, while the MBA program has an acceptance rate of around 11.6%.

What is the Cost of Studying at MIT Sloan? 

For the 2024-2025 academic year, the tuition fee for the MBA program is $84,350, the total annual cost is approximately ₹73.1 lakh. Other programs may have different fee structures.

Top Reasons to Study in the MIT Sloan School of Management

  • World-Class Faculty: Learn from leading experts and researchers who have made significant contributions to management and finance.

  • Innovative Curriculum: Engage in action learning, applying classroom concepts to real-world business challenges.

  • Global Network: Join a diverse community of students and over 20,000 alumni worldwide, providing extensive networking opportunities.

  • Research Opportunities: Participate in groundbreaking research through various centres and initiatives.

Career Support: Benefit from robust career services that assist in securing internships and job placements with top organizations globally.


Courses

Cost of Studying at MIT Sloan School of Management

Average tuition fee

NA

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Living expenses

Average living expenses (Masters)

$1,34,061

Admissions at The MIT Sloan School of Management

Avg acceptance rate (Bachelors)

4%

Application Fee

$95 - $250


How to Apply at MIT Sloan School of Management

  • Undergraduate Programs: Apply through MIT's central admissions office, adhering to specified deadlines and requirements.

  • MBA Program: Submit an online application including GMAT or GRE scores, letters of recommendation, a statement of objectives, and a resume. The application fee is $250.

Other Graduate Programs: Requirements vary; review specific program details for application procedures.


Documents Required to Apply to MIT Sloan School of Management

Document

Overview

Completed Application Form

Submitted through the program's online portal.

Standardized Test Scores

GMAT or GRE scores, as specified by the program.

Academic Transcripts

Official records from all previously attended institutions.

Letters of Recommendation

Usually two or three, depending on the program.

Statement of Objectives

A personal essay outlining goals and motivations.

Resume or Curriculum Vitae

Detailing academic and professional experiences.

 


Exams Accepted By MIT Sloan School of Management

MIT Sloan accepts both GMAT and GRE scores for its programs. Applicants should check the specific requirements of their desired program to determine which test scores are accepted or preferred.

GMAT (Graduate Management Admission Test):

  • MIT Sloan accepts both the GMAT Focus Edition and the 10th Edition for its MBA program applications.

  • Both remote and in-person versions of the GMAT are accepted without preference.

GRE (Graduate Record Examination):

  • Applicants can submit GRE scores as an alternative to the GMAT.

  • Both remote and in-person versions of the GRE are accepted without preference.

Executive Assessment (EA):

  • For the MIT Sloan Fellows MBA Program, the EA is accepted in addition to the GMAT and GRE.

English Language Proficiency Tests:

  • The Master of Business Analytics (MBAn) program does not require TOEFL or IELTS scores. English language proficiency is assessed during interviews.


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Rankings for The MIT Sloan School of Management

US News Ranking

#5

US News National rank

QS World University Rankings

#4

QS World University Rankings


More rankings for this university

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Students MIT Sloan School of Management

1

Yocketers applied

1

Yocketers admitted

1

Yocketers interested


Premium Yocketer profiles

Jishnu Saurav Mittapalli

Jishnu Saurav Mittapalli

Business Analytics

Fall 2025

Rohan Rashinkar

Rohan Rashinkar

Shortlisted

Business Analytics

Fall 2026


International Students

% of international students in the university

29.17

Total International Students in the university

3478


Alumni at MIT Sloan School of Management

MIT Sloan boasts a distinguished list of alumni, including:

  • Raghuram Rajan: 23rd Governor of the Reserve Bank of India.

  • Benjamin Netanyahu: 9th Prime Minister of Israel.

  • Kofi Annan: 7th Secretary-General of the United Nations and Nobel Peace Prize laureate.

  • Bill Ford: Executive Chairman of Ford Motor Company.

  • Carly Fiorina: Former CEO of Hewlett-Packard.

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CHIRAGBEN SHAH
CHIRAGBEN SHAH

9 months ago

How can I waive of fees of MIT?
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Mehak Kumar

2 years ago

MIT IDM Courses
Hi Guys! IDM Masters Courses offered by MIT seem to be paused according to the 2021 update on their website. Please DM if anyone is aware about the status for it's 2024 intake. Thanks! #mit #unitedst...
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Harshavardhan Reddy Aouthu
Harshavardhan Reddy Aouthu

2 years ago

I have 63.7 gpa in cs which university I can get admit for masters in either MIS, MIT
Abhishek Dharwe
Abhishek Dharwe

2 years ago

😄How to get in MIT with 100% scholarship..

Reviews for MIT Sloan School of Management

Campus life

Number of campuses the university has
1

Campus locations
Massachusetts

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Transportation in the city

Cambridge offers a comprehensive public transportation system, primarily operated by the Massachusetts Bay Transportation Authority (MBTA). MIT students benefit from several transportation options:

  • MIT Shuttles: The institute provides shuttle services, including the SafeRide program, which offers door-to-door rides within designated areas during late-night hours.

  • Biking: The city is bike-friendly, and students can utilize services like BlueBikes, with stations conveniently located around Cambridge.

  • Walking: Given the compact nature of the city, many destinations are within walking distance, making it a convenient option for students.


Services offered by the university

MIT Sloan provides a range of services to support its students:

  • Student Life Office: This office offers opportunities for involvement and leadership, assists students in navigating life outside the classroom, and fosters a caring and diverse community.

  • Career Development Office: Provides resources, coaching, and networking opportunities to assist students in achieving their career goals.

  • Academic Advising: Offers guidance on course selection, academic planning, and research opportunities.

  • Health and Wellness Services: Access to medical care, counselling, and wellness programs to support student well-being.


Student life at MIT Sloan School of Management

Student life at MIT Sloan is vibrant and multifaceted:

  • Clubs and Organizations: With over 80 clubs, students can engage in a variety of interests, from professional development to cultural and recreational activities.

  • Events and Conferences: The school hosts numerous events, including the MIT Sloan Sports Analytics Conference and the MIT $100K Entrepreneurship Competition, providing platforms for learning and networking.

  • Community Engagement: The Student Life Office promotes a supportive and inclusive environment, encouraging students to participate in initiatives that enhance individual well-being and community respect.


On campus accomodation at MIT Sloan School of Management

MIT offers on-campus housing options for both undergraduate and graduate students:

  • Undergraduate Housing: First-year undergraduates are typically required to live on campus, with various residence halls available.

  • Graduate Housing: Graduate students can apply for on-campus accommodations, though availability can be competitive. Options include apartment-style living arrangements suitable for individuals or families.

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