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Massachusetts Institute of Technology, Sloan School of Management Full Time MBA

The MIT Sloan School of Management, based in Cambridge, MA, is one of the world's leading business schools - conducting cutting-edge research and providing management education to top students from more than 60 countries. The school is part of MIT's rich intellectual tradition of education and research. We offer premier programs for shaping leaders who will create, redefine, and build innovative products, services, markets, and organizations. Students have the opportunity to collaborate across MIT, capitalizing on and contributing to the Institute's distinctive intellectual excellence and entrepreneurial culture.

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Massachusetts Institute of Technology, Sloan School of Management Full Time MBA's Full Profile

Program at a Glance

Program Type Full Time
Total Program Enrollment 406
Tuition (Total) $122,880

Program Information

Massachusetts Institute of Technology Sloan School of Management Says

The MIT Sloan School of Management, based in Cambridge, MA, is one of the world's leading business schools - conducting cutting-edge research and providing management education to top students from more than 60 countries. The school is part of MIT's rich intellectual tradition of education and research. We offer premier programs for shaping leaders who will create, redefine, and build innovative products, services, markets, and organizations. Students have the opportunity to collaborate across MIT, capitalizing on and contributing to the Institute's distinctive intellectual excellence and entrepreneurial culture.

Specializations Offered: Enterprise Management, Entrepreneurship, Finance
Degrees Awarded: MBA, Full Time.

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Rankings

Rankings

Program Rankings

Bloomberg

#9 Businessweek Full Time MBA Programs

School Rankings

LinkedIn

#2 Best Graduate Universities for Management Consultants
#16 Best Graduate Universities for Investment Bankers
#16 Best Graduate Universities for Marketers
#17 Best Graduate Universities for Sales Professionals

The Princeton Review

N/A Best Business Schools (Northeast)
#2 Toughest To Get Into
#10 Best Career Prospects

Admissions

Admissions

Application Information

  • Average Age Admitted: 28
  • Average Incoming GPA: 3.6
  • Average Incoming GMAT: 719
  • Average Years Work Experience: 5
  • Application Fee: $250

Admission Considerations

Very Important: Recommendations, Undergraduate GPA, Personal Essay, Standardized Test Scores

Admission Requirements

Required: Recommendations, Extracurricular Activities, Undergraduate GPA, Personal Essay, Standardized Test Scores

Optional: Work Experience

Admission Information

Completed applications to the MIT Sloan MBA program include a cover letter, two letters of recommendation, post-secondary transcripts (self-reported prior to interview; if called for an interview, applicants must provide official transcripts), a current resumé, three personal essays, supplemental information, and GMAT or GRE scores. The school requ...Completed applications to the MIT Sloan MBA program include a cover letter, two letters of recommendation, post-secondary transcripts (self-reported prior to interview; if called for an interview, applicants must provide official transcripts), a current resumé, three personal essays, supplemental information, and GMAT or GRE scores. The school requires additional materials from applicants to the Leaders for Global Operations Program (LGO), and the Biomedical Enterprise Program. The nature of the program favors candidates with strong quantitative and analytical skills, as well as those with strong personal attributes including leadership, teamwork, and ability to make decisions and pursue goals.

The Princeton Review

Important Dates

Round 1
September

23

Deadline
August

24

Start
Round 2
January

6

Deadline
August

24

Start

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 812
Percent International Students 41%
Total Full-Time Faculty 112
Full-Time Faculty 100%

Student Life

MIT Sloan keeps students plenty busy with work, but they still somehow find time to “par­ticipate in clubs and set up the many conferences we host. For example, the Sports Analytics Conference this spring had general managers from each of the top four profes­sional sports (basketball, hockey, baseball, and football) sit on a panel. How cool is that?” Students tell us that MIT Sloan “provides more opportunities than anyone could expect. I find that I spend about 50 percent of my time on academics and the other 50 percent work­ing with clubs and local companies, a perfect balance that allows me to take what I’ve learned in the classroom and apply it in a real-world setting.” It’s easy to get overwhelmed; according to one student, “School is a blur with so many classes, activities, guest speakers, etc. In terms of social activities, I think you have to pick your spots. Otherwise you will fall behind in your coursework and job search, but the options are pretty limitless here.”

Career

MIT Sloan’s Career Development Office provides MBAs with a range of career manage­ment resources, including seminars, self-assessment tools, library materials, and online databases and services. Students tell us that “the CDO is great for traditional MBA jobs such as banking, [and] consulting and the major corporations and tech companies.” Some report the office is “not as good with smaller and tougher markets such as private equity and venture capital,” although students interested in those fields can make use of the “career trek” program, which offers trips around the globe to job-hunt and learn about a variety of industries. “The focus on entrepreneurship means that a lot of MIT Sloan stu­dents are starting companies or working at early-stage startups right after school,” and are thus less inclined to make use of the CDO. Supplementing the CDO, “Clubs have a huge impact on career choices, setting up relationships, bringing in speakers, etc. Alumni are also a great resource, and a fantastic channel for connecting. Many Sloanies are looking to work for startups, tech, or smaller firms without traditional recruiting seasons, and alum­ni are very helpful in this regard.” Employers most likely to hire MIT Sloan MBAs include Bain & Company, Booz & Co., The Boston Consulting Group, Citi, Amazon.com, Fidelity, Goldman Sachs, Google, IBM, and McKinsey & Company.

The Princeton Review

Students Say

The MIT Sloan MBA Program has “both the best entrepreneurial program of any business school in the world and the most fantastic technology available,” students insist. And that’s hardly all the school offers; on the contrary, students tell us that MIT Sloan is “the best all-around program in allowing students to learn about innovative endeavors while still teach­ing and offering the most academically challenging traditional MBA curriculum of all schools.”MIT expertly exploits the synergies of its location in a great city and its affiliation with a great university. Students brag about “Sloan’s ties to the real business world. In the last week alone, I listened to three Fortune 500 CEOs speak on campus and had dinner with a partner from a local VC firm and a partner from a local law firm. Many of the professors have incredibly deep experience and connections to industry and bring great insight along those dimensions.” They are especially impressed with “how connected MIT Sloan is with companies in a non-recruiting season,” which they justly see as “a real point of differenti­ation” for the program. MIT’s Herculean status in the worlds of math, engineering, and sci­ence contribute substantially to the MBA program. “There are very low barriers between schools; interdisciplinary work and entrepreneurship are actively encouraged between business and engineering,” one student writes. MIT’s many strengths make possible such programs as the Leaders for Global Operations Program—”an operations and logistics-focused program” that students call “the best dual-degree program in business and engi­neering in the country.”Throughout the program, MIT Sloan emphasizes “a strong hands-on approach to learning” and cooperative work. “At MIT Sloan, practically everything is done in teams,” students tell us. The workload “is what you expect of MIT: rigorous and quantitative.” Most don’t mind the challenge; as one explains, “Although the workload is heavy, people actually want to prepare just for the opportunity to participate in discussions in where faculty are posing questions to the most pressing business issues. A place like MIT Sloan is a reason why people want to continue their education.” The cherry on the sundae is global travel; “Everyone travels on trips or treks, both foreign and domestic. I am headed to Japan for 10 days with 200 of my classmates. These are student-planned trips that are excellent ways to get to see other cultures and get business exposure around the world.”

The Princeton Review

Student Services

  • Campus Wide Network
  • Centers Of Research:

    Center for Computational Research in Economics, Center for Energy and Environmental Policy Research, Center for Information Systems Research, Laboratory for Financial Engineering, MIT Center for Collective Intelligence, MIT Center for Digital Business, MIT Entrepreneurship Center ,MIT Leadership Center, Operations Research Center, PROductivity from Information Technology (PROFIT). In addition, Dewey Library (management and social sciences) plus 14 additional on-campus libraries serve up an abundant resource. Access is also provided to online bibliographic retrieval services and online databases.

  • International Student Support Groups:

    A select group of our international students are invited to a two week program before MBA Orientation – Communication and Culture Workshop – which introduces them to an American academic environment as well as assists them in practicing their English language skills. Also, there is a multitude of programming offered by numerous clubs dedicated to different cultures including the African Business Club, the Asian Business Club, the Israeli Business Club, the Latin Business Club, etc.

  • Lesbian Bisexual Transgender Support Groups:

    Gay, lesbian, bisexual and transgendered student often participate in programming offered by the Sloan LGBT Club. http://lbgt.mit.edu/ Also, the MBA Program Office financially supports student participation and attendance at LGBT conferences, especially in their second year of study.

  • Minority Support Groups:

    Students often participate in programming offered by the Black Business Club and the Latin Business Club. In addition, a member of our Admissions staff serves as an advisor to diversity students and the MBA Program Office financially supports student participation and attendance at NSHMBA conferences, especially in their second year of study.

  • Peer Tutoring Programs:

    Each MBA student is eligible for up to 8 hours total of sponsored peer tutoring during their first, core semester. Tutoring is arranged in the following areas: Accounting, Economics, and Data, Models and Decisions (Statistics.) Students may continue the tutoring past 8 hours at their own expense.

  • Research Facilities:

    Center for Computational Research in Economics, Center for Energy and Environmental Policy Research, Center for Information Systems Research, Laboratory for Financial Engineering, MIT Center for Collective Intelligence, MIT Center for Digital Business, MIT Entrepreneurship Center ,MIT Leadership Center, Operations Research Center, PROductivity from Information Technology (PROFIT). In addition, Dewey Library (management and social sciences) plus 14 additional on-campus libraries serve up an abundant resource. Access is also provided to online bibliographic retrieval services and online databases.

  • Study Abroad:

    England (London Business School), Spain (I.E.S.E.)

  • Women Support Groups:

    Women often participate in programming offered by SWIM – Sloan Women in Management. http://mitsloan.mit.edu/women/index.php . MIT Sloan is also a member of Forte Foundation whose goal is to increase the representation of women in business schools and business leadership. MIT Sloan names two female students each year as Forte Fellows. Forte Fellows receive half- tuition scholarships for two years and are supported by MIT Sloan to participate in the Forte Fellows conference and other several select programming activities through the Forte Foundation.

Famous Alumni

Well known alumni of Massachusetts Institute of Technology Sloan School of Management include:

Michael Kaiser - President, Kennedy Center

Ron (Ronald) A. Williams - Chairman and CEO, Aetna, Inc.

Robin Chase - Founder and CEO, Meadow Networks

Jeff Wilke - Sr VP North American Retail, Amazon.com

Rafael del Pino - Chairman, Groupo Ferrovial SA

School Outcomes

Average Debt At Graduation: $92,937

Top Employers Of Graduates From This School Include: McKinsey & Company, Bain & Company, Boston Consulting Group, Citi, Amazon

Industry Percent Employed Median Starting Salary
Consulting 35% $126,537
Consulting 29% $129,000
Finance / Accounting 24% $110,980
Other 24% $108,659
Business 21% $119,822
Manufacturing 18% $117,304
General Management 10% $112,366
Operations / Logistics 10% $118,996
Marketing / Sales 6% $106,646
Other 4% $91,000
Government 1% $89,167

School Employment Information

Graduation Employment 85%
Three Month Employment 95%
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