Overview

Applicants
4,133
Acceptance Rate
Average Undergrad GPA
3.60
Years Work Experience
5
Average Age
28

Test Scores

GMAT (25th and 75th percentiles)
660 - 760
GPA
3.2 - 3.8

Deadlines


Round 1
September 24

Round 2
January 7

Other Admission Factors

Academic

GMAT Score
Undergraduate GPA
Letters of Recommendation
Essay / Personal Statement
Non-Academic

Interviews

School Type And Accreditation

School Type
Private

AACSB-approved
Yes

Selectivity Rating

Program Types

Full-Time
Yes

Part-Time
No

Evening
No

Executive
Yes

Online
No

Faculty Information

Student/Faculty
7:1
Total Faculty
112

100
Full-time
21
Female


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 ten 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."



Sustainability

Courses in Sustainability
Yes

Sustainability course is
Optional

Description
http://mitsloan.mit.edu/sustainability/

Research Opportunities in Sustainability
Yes

Description
http://mitsloan.mit.edu/sustainability/research.php

Career overview

Average Starting Salary
$118,406
Accepted employment by 3 months after graduation
95%

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
81%
School Facilitiated
18%
Graduate Facilitated
1%
Unknown

Source Of Internship Acceptances
34%
School Facilitiated

Graduates Employed by Area of Practice

35%
Consulting
24%
Finance/Accounting
10%
General Management
10%
Operations/Logistics
6%
Marketing
1%
Other

Graduates Employed by Region

43%
Northeast
23%
West
16%
International
5%
Mid-Atlantic
5%
Midwest
4%
South
4%
Southwest

Students Say

MIT Sloan's Career Development Office provides MBAs with a range of career manage- ment 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 stu- dents 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.


Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Consulting 35% $132,000 $126,537 $60,000 $165,000
Finance / Accounting 24% $100,000 $110,980 $80,000 $250,000
General Management 10% $115,000 $112,366 $80,000 $130,000
Operations / Logistics 10% $118,500 $118,996 $65,000 $147,000
Marketing / Sales 6% $110,000 $106,646 $70,833 $127,000
Other 1% $0 $0 $0 $0

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Consulting 29% $135,000 $129,000 $82,000 $165,000
Financial Services 26% $80,000 $170,000
Manufacturing 18% $118,500 $117,304 $80,000 $150,000
Technology 17%
Pharmaceutical / Biotechnology / Healthcare 4% $115,500 $118,350 $100,000 $147,000
Other 4% $86,000 $91,000 $47,000 $96,000
Media / Entertainment 2% $115,000 $108,333 $60,000 $140,000
Petroleum / Energy 2% $1,055,000 $106,673 $100,000 $120,000
Government 1% $90,000 $89,167 $82,500 $95,000
Consumer Products 0%

Prominent Alumni

Rafael del Pino
Chairman, Groupo Ferrovial SA

Jeff Wilke
Sr VP North American Retail, Amazon.com

Robin Chase
Founder and CEO, Meadow Networks

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

Michael Kaiser
President, Kennedy Center

Dates

Application Deadlines
Apr 15

Financial Aid Statistics

Average Aid Package
$66,355

Average Scholarship / Grant Aid Package
$25,502

Students Receiving Some Form Of Aid
82%

New Students Receiving Some Form Of Aid
82%

New Students Receiving Loans
40%

Tuition Full-Time (per year)

Tuition (In-State)
$61,440
Tuition (Out-State)
$61,440

Expenses per Academic Year

Estimated Room And Board On-Campus
$14,363
Estimated Room And Board Off-Campus
$14,363
Academic Expenses
$1,926

Student Body Profile

Total Enrollment
812
Part Time
0%


Demographics

7.50%
Minorities
41.00%
International

33% female
67% male

Campus Life

Students Say

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 profes- sional 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."

More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

Contact
Rod Garcia
Senior Director

Address
77 Massachusetts Avenue
E48-5th Floor
Cambridge, MA 02142
United States

Phone
617-258-5434

Fax
617-253-6405

Email
mbaadmissions@sloan.mit.edu


Articles & Advice