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MIT Sloan School of Management - Requirements, Ranking, Courses, Fees
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Last updated on 2 Dec '24, by Loveleen Sharma (Study Abroad Expert)MIT University Business & Management StudiesWhat’s new?
Deadlines at MIT Sloan School of Management for its Business and Management programs are mentioned below:
- MBA for August 2025 Entry:
- Round 1 Application deadline is closed, the decision date for Round 1 is Dec 12, 2024
- Round 2 Application deadline is Jan 14, 2025, the decision date is Apr 4, 2025
- Round 3 Application deadline is Apr 3, 2025, the decision date is May 15, 2025
- MIT Executive MBA:
- Early Round Application deadline is Dec 5, 2024, with decisions released on Feb 14, 2025.
- Round 1 is Jan 2, 2025, with applications decisions to be released on Mar 7, 2025
- Master of Finance (MFin): Deadline is Jan 3, 2025
- About MIT Sloan School of Management
- MIT Sloan School of Management Courses and Fees 2025
- MIT University Business & Management Studies Popular Programs
- MIT University Business & Management Studies Popular Courses
- MIT Sloan School of Management Rankings 2025
- MIT Sloan School of Management Admissions 2025
- MIT Sloan School of Management Admission Requirements 2025
- MIT University Business & Management Studies Scholarships
- MIT Sloan School of Management Placements 2025
- MIT Sloan vs UC Berkley HAAS School of Business: Which is better?
- MIT Sloan School of Management Campus Life
- MIT School of Management Notable Alumni
- MIT University Business & Management Studies Students reviews
- MIT Sloan School of Management FAQs 2025
About MIT Sloan School of Management
Considered a top-notch School of the world, MIT Sloan School of Management is the Business School of Massachusetts Institute of Technology, a private university situated in Middlesex County, Cambridge, Massachusetts. The MIT Sloan School of Management began its operations in the year 1914, as the Department of Engineering under the MIT Department of Economics and Statistics, and gradually started to incline toward Management studies. This B-School is named after Alfred P. Sloan, an MIT graduate himself, and the CEO of General Motors.
The students of this B-School informally call themselves Sloanies, and they have a saying there, that ‘Sloanies help Sloanies’. MIT Sloan School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB) which is considered the highest standard of achievement for business schools globally. This B-School offers multiple types of programs under the domain of Business and Management including MBA, Executive MBA, Undergraduate Management programs, etc. This B-School is quite popular among students from the entire world due to its best-in-the-world curriculum, innovative theories, rigorous training, and exciting combination of technology with management, and expert faculty. The School has a strong network of notable alumni around the world, who have shaped the world with their new and innovative ideas. The Business and Management pioneers have studied at MIT Sloan.
B-School of MIT follows different teaching methods such as the case method where the students are left to solve the problems that were faced by someone else earlier, and these students are made to think and come up with their own solutions, which make them industry-ready to take up the challenges of the real world what come may.
Things to Know about MIT Sloan School of Management
MIT Sloan School of Management is a highly regarded school, and known for its best-in-the-world curriculum, experienced faculty, Nobel Laureates, state-of-the-art learning infrastructure, and notable alumni from 53 countries in the world.
The table below shows some important pointers about MIT Sloan:
|
MIT Sloan School of Management |
Validation |
|---|---|
|
Acceptance Rate (2023) |
11% |
|
US World and News Ranking (2023-24) |
5th |
|
Known for |
Being Data-driven decision-making, technology, and entrepreneurship |
|
Nobel Laureates |
4 |
|
Total enrolment (2023-24) |
450 |
|
Placement Rate (2023-24) |
96% |
|
Average GMAT Score (2023-24) |
730 |
|
Average Package after graduating (2023-24) |
USD 190,000 (INR 1.60 Cr) |
|
Average GPA (2023-24) |
3.59 on a scale of 4.0 |
|
Average Work Experience (2023-24) |
5 Years |
MIT Sloan is focused on inclusion, and making the world a better place where everyone gets equal opportunities to learn and grow with their Business and Management programs. This is what their MBA Class of 2026 looks like:
|
Diversity and Enrolment Breakdown Class 2026 |
Data |
|---|---|
|
Women |
49% |
|
US Minority |
50% |
|
International |
40% |
|
Countries Represented |
53 |
According to MIT Sloan's official website, out of the entire MBA class profile 2026, 40% of the students were International, indicating their commitment towards inclusion.
Professionals from all over the world coming from different fields are admitted to the Masters of Business Administration program offered by MIT Sloan School of Management. This B-School MBA class profile 2026 has 443 students worldwide. The top industries that the graduates enroll at MIT Sloan are mentioned in the table below:
|
Pre-MBA Industries of Sloan 2026 MBA class profile |
Percentage of the MBA Class |
|---|---|
|
Consulting |
30% |
|
High Technology/Electronics |
20% |
|
Financial Services |
21% |
|
Other |
3% |
|
Not-for-profit, Government |
10% |
|
Health/Pharma/Biotech |
6% |
|
Military, Automotive, Transportation |
1% |
|
Energy |
1% |
|
Media, Entertainment, Sports |
2% |
|
Consumer Products/Retail |
5% |
MIT Sloan is known for its highly employable graduates, due to the industry-relevant projects, industry readiness, and willingness to step out of their comfort zone. The B-School focuses and helps their students build relevant soft skills and technological skills needed to flourish in the Business and Management world. Out of all the MBA graduates given by Sloan, 90.2% were able to secure placement.
The table sheds more light on the industries these MBA graduates secured placements:
|
Industries |
Sloan MBA Graduates’ Placement (Class 2023) |
|---|---|
|
Auto/Aerospace |
2.1% |
|
Consulting |
33.7% |
|
Energy |
2.7% |
|
Finance |
19.9% |
|
Diversified Financial Services |
3.0% |
Commonly asked questions On About Business & Management Studies
Q: What is MIT Sloan known for?
MIT Sloan School of Management is under the umbrella of MIT, and this B-School is considered the number one school of the entire world. According to the US News and World ranking, this B-School is ranked at #5 among the best schools around the world.
The B-School is known for its research and innovation, creative curriculum, rigorous program, experienced facilities, its focus on practical exposure etc. The School is located in the heart of Cambridge, Kendal Neighbourhood, which is home to many great biotech companies, start-ups and tech giants of the world, which can be a crucial factor in a student's career as they can build professional connections. These connections can help them land a great job once they graduate. These companies generally have tie ups with MIT Sloan, where many of the students get job offer before they even graduate.
Q: What is the acceptance rate of MIT Sloan?
This B-School is particularly famous among international students because of the factors like research opportunities, creative curriculum, career opportunities and supportive community. Due to all these factors, the Business and Management enthusiasts apply to this School from all around the world, which makes it a bit competitive and ambitious. The MIT Sloan School of Management acceptance rate stands at 11 % for the year 2023, which makes this B-School hard to get into. This low acceptance rate suggests that out of every 100 applications, only 11 to 12 students are rolled out an offer.
Although, the students must not lose hope, if a student is able to fulfil the requirements and convince the admissions team about what special that student can bring to the table, then there are higher chances of getting an offer letter from the school.
MIT Sloan School of Business MBA Requirements as an International student:
· Cover letter
· Resume
· Respond to Video Question 1 and 2
· One letter of recommendation
· Additional references
· Organizational Chart
· Academic Transcripts
· GMAT (Focus Edition and 10th Edition) or GRE test scores
· Relevant coursework & professional certifications
· Short answer questions
· Online application fee
· English language proficiency tests (IELTS/TOEFL)
MIT Sloan School of Business Under Graduate Requirements as an International student:
· A High School Diploma from a valid academic institution (Representing at least 12 years of Education)
· Official Transcripts of Educational documents
· English language proficiency test (IELTS/TOEFL)
· Resume
· Letters of Recommendation – 2
· Essays
· Standard entrance test scores (ACT/SAT)
· Activities and Awards
Q: What are the job roles after completing MBA from MIT Sloan?
MIT USA is quite focused on making a student enough eligible to land various kinds jobs in diverse industries. This B-School makes sure that the MBA Graduates of this school possess the necessary soft and technical skills in order to function in the world of Management. The MIT Sloan MBA placement rate is also good, in fact 90.2 % students reported that they received an offer letter within 3 months of completing graduation from this school.
Here are the top companies hiring the MIT Sloan MBA Graduates:
Companies | Number of Placements (Class 2023) |
|---|---|
McKinsey & Company | 26 |
Bain & Company | 25 |
The Boston Consulting Group | 23 |
Amazon | 20 |
Verizon | 9 |
Deloitte Consulting | 6 |
Goldman Sachs | 6 |
NextEra Energy | 6 |
Re Manufacturing | 6 |
MIT Sloan School of Management Courses and Fees 2025
MIT Sloan School of Management offers many courses across the Business and Management domain, including MBA, Executive MBA, and Undergraduate Management courses with some specializations. The Business and Management courses at this B-school are well renowned for their industry-specific knowledge, creative curriculum, and experienced faculty whose work has been published in many notable journals and magazines around the world.
|
MIT Sloan School of Management UG Courses |
MIT Sloan School of Management Graduate Courses |
|---|---|
|
Management Major |
MBA |
|
Business Analytics Major |
Leaders for Global Operations |
|
Finance Major |
Master of Finance |
|
|
Master of Business Analytics |
|
|
Master of Science in Management Studies |
|
|
MBA Early (Deferred admissions option) |
MIT Sloan School of Management also offers E-MBA programs.
MIT Sloan School of Management Business and Management Courses Fees 2025
MIT Sloan School of Management upholds its reputation as the world’s best Business school. The MBA programs are ranked at #5 around the world, making it a very popular choice to pursue an MBA at Sloan, among Business and Management aspirants worldwide. The MIT Sloan Business and Management tuition fee can range between INR 69 L to INR 1.66 Cr a year, which international students are required to pay. International students are required to pay an application fee to pursue Business and Management programs at this B-School, which ranges between USD 90 (INR 7.5 K) to USD 250 (INR 21,099).
(USD 1 = INR 84.29)
| Courses | 1st Year Tuition Fees | Duration & Eligibility |
|---|---|---|
MBA/PGDM(14 courses) | INR 35 L - 77 L | Duration: 9 months-3 years Exam Accepted: TOEFL: 90 - 100, GRE: 320 & Above, GMAT: 700 & Above |
MIM(12 courses) | INR 35 L - 77 L | Duration: 9 months-3 years Exam Accepted: TOEFL: 90 - 100, GRE: 320 & Above, IELTS: 7 - 7.5 |
BBA(6 courses) | INR 50 L - 52 L | Duration: 4 years Exam Accepted: TOEFL: 90 & Above, IELTS: 7 & Above, PTE: 65 & Above |
Commonly asked questions On Fees and Eligibility
Q: What is the acceptance rate of MIT Business school?
Massachusetts Institute of Technology is one the most famous schools in the world. Every year, they receive more than 20,000 applications from all around the world. Due to its high employability, expert faculties, state of the art learning infrastructure, inclination towards practical learning etc., the students are highly motivated to pursue their management from here.
According to an unofficial source, the acceptance rate for MIT Business School is 14%(2023), which means out of 100 candidates, only 14 were able to receive an offer letter from this school. The average GMAT score of the class was 730.
Q: Does MIT have an Undergraduate Business Degree?
Yes, MIT does offer an undergraduate Business Degree to the students. MIT Sloan School of Business offers both Undergraduate and Postgraduate Management degrees. With Business and Management being its specialty, the school always ranks high in the list of best MBA schools in the world.
MIT Sloan School of Business offers these programs to the students from all around the world:
· Bachelor of Science in Management
· Bachelor of Science in Business Analytics
· Bachelor of Science in Finance
· Minor in Management
· Minor in Business Analytics
· Minor in Finance
Q: What is the fee for MBA at MIT Sloan School of Management?
MIT School of Management stays an extremely popular among international students all around the world, due to its unmatchable programme features and career opportunities after graduation. The total tuition fee for various Management courses at Sloan School of Management can range from INR 71 L to INR 1.75 Cr. The International students have to pay an application fee of USD 250 (INR 21 K) which is non-refundable in case of a rejection.
The table below shows the course fee range of these courses:
MIT Sloan School of Management Courses | MIT Sloan School of Management Fees |
|---|---|
MBA Program | USD 84,350 (INR 71 L) |
Sloan Fellows MBA | USD 152,280 (INR 1.28 Cr) |
Executive MBA — 20 months | USD 208,300 (INR 1.75 Cr) |
Leaders for Global Operations | USD 84,350 (INR 71 L) |
Master of Finance — 18 months | USD 124,875 (INR 1 Cr) |
Master of Science in Management Studies | USD 84,350 (INR 71 L) |
Master of Business Analytics | USD 91,250 (INR 77 L) |
(USD 1 = INR 84.29)
MIT Sloan School of Management Rankings 2025
Ranked as one of the top 10 B-schools around the world, the MIT Sloan School of Management upholds its reputation for being one of the top choices among international students who are willing to enroll in Business and Management programs. These programs at this B-school are extremely popular among Business enthusiast students due to their industry relevance, state-of-the-art learning infrastructure, supportive community, smaller student-to-faculty ratio, research methodology, beautiful campus, cultural exposure, and high employability.
The MBA programs at MIT Sloan School of Management are ranked #5 by the US World and News ranking body among the best Management programs worldwide.
On the other hand, according to the US News and World Ranking Body, the full-time MBA programs at SLOAN are ranked #8 among the Executive MBA programs. On Shiksha's official website, the MIT Sloan School of Management MBA ranking is graded as an A++, based on many relevant factors and considerations.
Here is the table showing the subject rankings under this B-school, according to US World and News 2024:
|
Sloan Business School Specialty |
Rankings |
|---|---|
|
Best Business Schools |
#5 |
|
Information Systems |
#1 |
|
Business Analytics |
#3 |
|
Entrepreneurship |
#4 |
|
Executive MBA |
#8 |
|
Finance |
#6 |
|
Project Management |
#1 |
|
Supply Chain/ Logistics |
#2 |
|
Real Estate |
#10 |
Commonly asked questions On Rankings
Q: Is MIT Sloan good for MBA?
According to QS ranking, MIT Sloan school of Business remains the 2nd best University in the world to pursue MBA from. It is because the school is very well known for its pioneer faculties, great learning infrastructure, high employability, and practical curriculum.
The Graduates from MIT are in great demand among employers which increases the chances of employability, they offer hands on experience learning, and work on the students’ leadership skills.
Q: What is the ranking of MIT Sloan School of Management?
MIT Sloan School of Management is considered one of the best in the US and ranks high in the list of the best B-Schools of the world, mainly because of the campus, career opportunities, research opportunities, creative and rigorous curriculum and experienced faculty.
Sloan offers a diverse range of subjects to its students, which has rankings given by the US World and News ranking body:
Sloan Business School Specialty | Rankings |
|---|---|
Best Business Schools | #5 |
Information Systems | #1 |
Business Analytics | #3 |
Entrepreneurship | #4 |
Executive MBA | #8 |
Finance | #6 |
Project Management | #1 |
Supply Chain/ Logistics | #2 |
Real Estate | #10 |
Q: Which Masters programs are most popular at MIT Sloan School of Management?
There are graduate, under graduate, and PhD Management programs offered by the MIT Sloan. Whole MBA remains the most popular in the list, the graduate programs at this B-School has a lot of variety.
MIT Sloan School of Management Graduate Business and Management Programs:
· MBA
· Leaders for Global Operations (LGO)
· Master of Finance
· Master of Business Analytics
· Master of Science in Management Studies
· MBA Early (Deferred admissions option)
· PhD
MIT Sloan School of Management Admissions 2025
The Business and Management courses at MIT Sloan School of Management have a round system for admissions. The deadlines for most of its programs stay the same with similar deadlines. Here are some deadlines for the given courses at this B-School for the 2024-25 admissions:
|
MIT Sloan Business and Management Courses |
Application Deadline |
Decision Date |
|---|---|---|
|
MBA Round 1 |
Closed |
Dec 12, 2024 |
|
MBA Round 2 |
Jan 14, 2025 |
Apr 4, 2025 |
|
MBA Round 3 |
Apr 3, 2025, |
May 15, 2025 |
|
Executive MBA Early Round |
Dec 5, 2024 |
Feb 14, 2025 |
|
Executive MBA Round 1 |
Jan 2, 2025 |
Mar 7, 2025 |
|
Master of Finance (MFin) |
Jan 3, 2025 |
To be announced |
|
MIT Sloan Fellows MBA Program Round 2 |
Jan 27, 2025 |
To be announced |
MIT Sloan School of Management Admission Requirements 2025
MIT Sloan is one of the best B-Schools worldwide, to which many Business enthusiasts from all around the world apply. This school is highly selective in terms of recruiting the best candidates from a large pool of applicants. The MIT Sloan School of Management's acceptance rate to its Business and Management programs is 11 % which means out of every 100 applicants, only 11 to 12 candidates were rolled out an offer letter, which makes it an ambitious school to get into. The application process starts when a student registers themselves on the official website of this B-School, and after that, these are the requirements an international student needs to fulfill for Business and Management programs:
MIT Sloan School of Business MBA Requirements as an International Student:
- Cover letter
- Resume
- Respond to Video Questions 1 and 2
- One letter of recommendation
- Additional references
- Organizational Chart
- Academic Transcripts
- GMAT (Focus Edition and 10th Edition) or GRE test scores
- Relevant coursework & professional certifications
- Short answer questions
- Online application fee
- English language proficiency tests (IELTS/TOEFL)
MIT Sloan School of Business Under Graduate Requirements as an International Student:
- A High School diploma from a valid academic institution (Representing at least 12 years of Education)
- Official Transcripts of Educational documents
- English language proficiency test (IELTS/TOEFL)
- Resume
- Letters of Recommendation – 2
- Essays
- Standard entrance test scores (ACT/SAT)
- Activities and Awards
Please note that MIT Sloan School of Business is highly focused on extracurricular activities the students were a part of, as it shows their leadership skills and that they are well-rounded individuals. Mentioning these activities, stalls, cultural fests, volunteer work, and any other leadership roles that a student was a part of, can make a student’s resume separated from a large pool of other candidates.
Commonly asked questions On Admission Requirements
Q: Is it hard to get admission at MIT Sloan School of Management?
MIT Sloan School of Management is indeed a great B-School which is considered in the top 10 best schools worldwide. This B-School provides its students with the necessary skills need to excel in the world of Management after graduation. With the best-in-the-world-curriculum, 2 Nobel Laureates, and an impressive network of famous alumni around the world and diverse industries make this school extremely popular among the Management studies enthusiasts worldwide, which is why the B-School follows a tough screening process to recruit the best talent of the world. The MIT Sloan acceptance rate stands at 11 % for the year 2023, which means that out of every 100 applicants, only 11 were rolled out an offer letter which makes this school hard to get into.
Although, please note that by fulfilling the basic requirements and standing out of the pool of other candidates with the help of their essays, and SOPs, a student can bag their offer from the MIT Sloan School of Management.
Here are some requirements of the documents that is mentioned for the Sloan admissions:
MIT Sloan School of Business MBA Requirements as an International student:
· Cover letter
· Resume
· Respond to Video Question 1 and 2
· One letter of recommendation
· Additional references
· Organizational Chart
· Academic Transcripts
· GMAT (Focus Edition and 10th Edition) or GRE test scores
· Relevant coursework & professional certifications
· Short answer questions
· Online application fee
· English language proficiency tests (IELTS/TOEFL)
Q: Is GMAT required for MBA admission at MIT Sloan?
All the candidates who are going to apply for Full-time MBA at MIT Sloan School of Management are required to take a GMAT or a GRE in order to be eligible to apply. The B-School requires a score of 730.
Other requirements to be able to apply to MIT Sloan School of Management MBA:
Other factors that are considered for admission include:
· Post-college work experience
· Leadership skills and experience
· Undergraduate GPA of 3.6 on scale of 4.0
· Honours or awards
MIT University Business & Management StudiesScholarships
International students can avail of all these scholarships at MIT Sloan Business School for Business Management studies going for the UG and PG programs:
- MIT Scholarships: These grants are awarded based on financial need and are available to all students who apply for financial aid and complete the CSS Profile. The median MIT Scholarship for 2023–2024 was USD 66,663.
- MIT International Excellence Scholarship: This merit-based scholarship is available to new students and covers 20% of program tuition fees.
- MIT Academic Achievement Scholarship: This merit-based scholarship covers 30% of program tuition fees.
- Action, Impact, and Motivation (AIM) Scholarship: This scholarship awards up to $20,000 to a team of 1–2 Sloan Fellows MBA students to complete a social impact project in India.
Below mentioned are some external scholarships and student loans that can be availed:
|
Scholarship Name |
Scholarship Benefits |
Scholarship Eligibility |
|---|---|---|
|
Fulbright-Nehru Master’s Fellowships |
Tuition fees | partial living expenses | Healthcare expenses |
Minimum 55% in bachelor’s program | At least 3+ years of work experience; Community service experience |
|
JN Tata Endowment for Higher Education of Indians |
Loan scholarship 1,00,000 and 10,00,000 INR | Additional gift worth 75,000 INR (case dependent) |
Over 60% in bachelor's degree | Below 45 years of age | Enrolling in a 2-year master’s program |
|
Debesh-Kamal Scholarship for Higher Studies |
1,00,000 INR for tuition fees |
Below 30 years of age | Preferably beginning a degree in social science or a related program |
|
Narotam Sekhsaria Foundation Scholarships |
Interest-free loan |
Over 60% in undergraduate program | Below 30 years of age |
|
Inlaks Shivdasani Foundation Scholarships |
Up to 100,000 USD |
Minimum 70% in bachelors program | Below 30 years of age |
|
KC Mahindra Education Trust Scholarship |
An interest-free loan of 4,00,000 to 8,00,000 INR |
At least 65% of an undergraduate program |
Commonly asked questions On Scholarships
Q: Are there any scholarships available to pursue management degree at MIT Sloan?
Yes, there are many scholarships available. Many are provided by MIT, in both cases need-based and merit-based. In fact, 58% of all UG students there at MIT for Management are on scholarship.
For pursuing Management degree at MIT, a student can avail scholarships/loans from external organisations too. Here is the table sharing details of scholarships and loans availble externally:
Scholarship Name | Scholarship Benefits | Scholarship Eligibility |
|---|---|---|
Fulbright-Nehru Master’s Fellowships | Tuition fees | partial living expenses | Healthcare expenses | Minimum 55% in bachelor’s program | At least 3+ years of work experience; Community service experience |
JN Tata Endowment for Higher Education of Indians | Loan scholarship 1,00,000 and 10,00,000 INR | Additional gift worth 75,000 INR (case dependent) | Over 60% in bachelor degree | Below 45 years of age | Enrolling in 2-year master’s program |
Debesh-Kamal Scholarship for Higher Studies | 1,00,000 INR for tuition fees | Below 30 years of age | Preferably beginning degree in social science or related program |
Narotam Sekhsaria Foundation Scholarships | Interest-free loan | Over 60% in undergraduate program | Below 30 years of age |
Inlaks Shivdasani Foundation Scholarships | Up to 100,000 USD | Minimum 70% in bachelors program | Below 30 years of age |
KC Mahindra Education Trust Scholarship | Interest free loan of 4,00,000 to 8,00,000 INR | At least 65% in undergraduate program |
MIT Sloan School of Management Placements 2025
MIT Sloan is considered among the best 10 B-Schools around the world, with significant placement rates and consistency. The Sloan MBA graduates are considered valuable human resources across many industries such as Technology, Consulting, and Financial services etc. The graduates of this school, are highly valued by top companies around the world due to the technical and soft skills that they possess. According to an unofficial site, out of all MBA graduates from the 2023 class, 90.2 % of students were able to secure placement with an average base salary package of USD 168,095 (INR 1.41 Cr).
Among the top companies that hire MBA graduates from this B-School are McKinsey & Company, Bain & Company, Amazon, etc. The MBA class of 2023 reported an average sign-on bonus which is received by these new hires on signing the contract, of USD 38,989 (INR 32 L).
Here are the highlights of placements of the Sloan MBA graduates class of 2023:
|
Sloan MBA Class Particulars (2023) |
Data (2023) |
|
Average Mean Base Salary |
USD 168,095 (INR 1.41 Cr) |
|
Average Median Base Salary |
USD 170,000 (INR 1.43 Cr) |
|
Average Sign on bonus |
USD 38,989 (INR 32 L) |
|
Top Employers |
· McKinsey & Company · Bain & Company · The Boston Consulting Group · Amazon · Verizon · Deloitte Consulting |
(USD 1 = INR 84.29)
Here is the table showing the top job Functions for MIT Sloan MBA graduates who were hired:
|
MIT Sloan MBA Graduates’ Fields (Class 2023) |
MIT Sloan MBA Graduates’ Placement (Class 2023) |
|---|---|
|
Business Analytics |
2.0% |
|
Business Development |
9.5% |
|
Consulting/Strategic Planning |
36.7% |
|
Finance |
26.9% |
|
Asset Management/Portfolio Management |
4.3% |
|
Corporate Finance/Treasury |
2.0% |
|
Investment Banking |
6.1% |
|
Private Equity |
4.3% |
Here are the top companies hiring the MIT Sloan MBA Graduates:
|
Companies (Class 2023) |
Number of Placements (Class 2023) |
|---|---|
|
McKinsey & Company |
26 |
|
Bain & Company |
25 |
|
The Boston Consulting Group |
23 |
|
Amazon |
20 |
|
Verizon |
9 |
|
Deloitte Consulting |
6 |
|
Goldman Sachs |
6 |
|
NextEra Energy |
6 |
|
Re-Manufacturing |
6 |
Commonly asked questions On Placements
Q: What is the starting salary of MBA graduate from MIT Sloan?
MBA Graduates from Sloan are considered to be invaluable assets to companies from various industries. Their top employers include the best companies of the world such as McKinsey & Company, Bain & Company, The Boston Consulting Group, Amazon, Verizon, Deloitte Consulting etc. These Sloan MBA graduates are highly valued due to the necessary practical skills they possess, the technical and soft skills that are required to be functional in the world of management.
The Average Sloan MBA annual package is USD 168,095 (INR 1.41 Cr) which is higher than many renowned B-Schools in the United States. The average median salary reported by the MBA class 2023 of MIT Sloan was USD 170,000 (INR 1.43 Cr).
Here is the table showing placement highlights of 2023:
SLOAN MBA Class Particulars | Data |
|---|---|
Average Mean Base Salary | USD 168,095 (INR 1.41 Cr) |
Average Median Base Salary | USD 170,000 (INR 1.43 Cr) |
Average Sign on bonus | USD 38,989 (INR 32 L) |
Top Employers | · McKinsey & Company · Bain & Company · The Boston Consulting Group · Amazon · Verizon · Deloitte Consulting |
(USD 1 = INR 84.29)
Q: What is the placement rate of MBA graduates from MIT Sloan?
The MBA curriculum at MIT Sloan is aimed to make a student capable to excel in the world of Management and acquire certain important skills which is why these MBA graduates are highly valued by many company across various industries.
The MIT Sloan MBA placement rate stands at 90.2%, reported by class 2023, within the 3 months of graduation from this B-School. Many students started their own businesses using their expertise in the given domain.
Here is the table showing top industries hiring MIT Sloan MBA graduates:
Industries | MIT Sloan MBA Graduates' Placement (Class 2023) |
Auto/Aerospace | 2.1% |
Consulting | 33.7% |
Energy | 2.7% |
Finance | 19.9% |
Diversified Financial Services | 3.0% |
Q: Which companies hire MBA graduates from MIT Sloan?
The MIT Sloan School of Management placement rate stands at 90.2% within the three months of graduation form this place. This B-School is situated at the heart of Cambridge, Kendal Neighbourhood making the Top tech giants highly accessible to these graduates, and these graduates enjoy the benefits of this close proximity.
Here are the top companies hiring Sloan MBA Graduates:
Top Companies Hiring MIT Sloan MBA Graduates |
|---|
McKinsey & Company |
Bain & Company |
The Boston Consulting Group |
Amazon |
Verizon |
Deloitte Consulting |
Goldman Sachs |
NextEra Energy |
Re Manufacturing |
Apple |
Analysis Group |
Caterpillar |
Evercore |
EY-Parthenon |
Morgan Stanley |
MIT Sloan vs UC Berkley HAAS School of Business: Which is better?
Both the B-schools are considered to be the best in the world, due to their curriculum, expert faculty, campus life, location, global reputation, state-of-the-art learning infrastructure, and Nobel Laureates. While both schools are great for Business and Management studies, the MIT Sloan School of Management ranks at #5 among the top 124 B-Schools of the world, on the other hand, Sloan ranks at #7 in this list, according to the US World and News ranking 2024.
The table compares these two best Business schools in depth:
|
Criteria |
Berkeley HAAS School of Business |
MIT Sloan School of Management |
|---|---|---|
|
Location |
Berkeley, California (near Silicon Valley) |
Cambridge, Massachusetts (near Boston) |
|
Average Starting Salary |
USD 160,000 (INR 1.35 Cr) |
USD 165,000 (INR 1.39 Cr) |
|
Sign-On Bonus |
USD 30,000 (INR 25 L) |
USD 35,000 (INR 29 L) |
|
Acceptance Rate |
17% |
11% |
|
Tuition |
USD 66,000 (INR 55 L) per year (USD 132,000 total) |
USD 83,000 (INR 70 L) per year (USD 166,000 total) |
|
Return on Investment (ROI) |
High, especially in tech and entrepreneurship |
High, especially in finance and consulting |
|
Top Industries Hiring |
Technology, Consulting, Finance, Sustainability |
Consulting, Finance, Technology, Biotech |
|
Ranking |
Top 10 (typically #8–10) |
Top 5 (typically #4–5) |
(USD 1 = INR 82.43)
These B-Schools are extremely popular choices among students from the entire world, however,r if a student is more interested in the Tech and Entrepreneurship industry, they should choose Haas, and if the interest of the student inclines towards finance and consulting, MIT Sloan can be a better choice. Although both schools have a low acceptance rate, MIT Sloan is more competitive than Sloan, while Sloan graduates are landing better annual packages than Sloan.
Students are suggested to keep these factors in mind while preparing an application for both the B-Schools.
MIT Sloan School of Management Campus Life
MIT Sloan School of Management is situated in the heart of Cambridge, Kendall Neighbourhood. The School shares a proximity to biotech companies, tech giants, start-ups, and research labs, as well as a wide array of restaurants, outdoor activities, arts, music, and culture. These perks can be life-changing for a student, as they can enjoy college life, as well as build significant connections which can be useful when they graduate from this B-School. MIT Sloan students say that campus life is filled with positivity, fun activities, and the support of the community. They have a saying there ‘Sloanies help Sloanies’ which is an indication of a robust community-building spirit.
Here are some other reasons that the students love the Campus life of MIT Sloan School of Management:
- Extra-Curricular Activities: The School has a tremendous focus on making their students well-rounded individuals, which is why they organize activities such as fests, contests, and other competitions.
- Student clubs: The school hosts a variety of student-led clubs for arts and sciences, sporting events, debate clubs, and Book Clubs.
- Beautiful Campus: The location of this place is extremely favorable for the Sloan Management graduates where they get an opportunity to build professional connections and also enjoy the city life with a wide array of tourist spots, numerous restaurants, pubs bars, etc. The Campus also has well-equipped research labs which the students of MIT Sloan enjoy greatly.
MIT School of Management Notable Alumni
MIT Sloan School of Management is known for its highly accomplished graduates, who are scattered over various industries, such as Finance, Business, Tech, and Non-profits. This B-school has a large alumni network of graduates all around the world.
|
MIT Sloan School of Management Notable Alumni |
Professions of the Alumni |
Photos |
|---|---|---|
|
Kofi Annan |
7th Secretary-General of the United Nations |
 |
|
Brian Halligan |
Co-founder of HubSpot and senior lecturer at MIT |
 |
|
Duane Ackerman |
Former CEO of BellSouth |
 |
|
Carly Fiorina |
Former CEO of Hewlett-Packard |
 |
|
John E. Potter |
Former US Postmaster General and CEO of the US Postal Service |
 |
|
Alan Mulally |
Former CEO of Boeing and Ford |
 |
Commonly asked questions On Alumni
Q: Who are the notable alumni of MIT Sloan?
MIT School of Management have many notable alumni, and 2 Nobel Laureates. The graduates from MIT Sloan are resourceful and extremely skilful due to the great curriculum and culture of this B-School. This place has its alumni scattered around various industries worldwide. Some of it most famous Alumni are:
MIT Sloan famous Alumni | MIT Sloan famous Alumni professions |
|---|---|
Kofi Annan | 7th Secretary-General of the United Nations |
Brian Halligan | Co-founder of HubSpot and senior lecturer at MIT |
Duane Ackerman | Former CEO of BellSouth |
Carly Fiorina | Former CEO of Hewlett-Packard |
John E. Potter | Former US Postmaster General and CEO of the US Postal Service |
Alan Mulally | Former CEO of Boeing and Ford |
This B-School has two Nobel Laureates too, who won this prestigious award for their great work in Economics.
MIT Sloan School of Management Notable Alumni | Professions of the Alumni | Photos |
|---|---|---|
Simon Johnson | MIT Sloan professor |
|
Daron Acemoglu | University of Chicago professor |
|
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MIT Sloan School of Management FAQs 2025
Q: What is MIT Sloan School of Management known for?
Renowned for its Business and Management programs, the MIT Sloan School of Management ranks among the best Business schools among the world. This B-School is known for its rich cultural history, industry relevant curriculum, expert faculty, state of the art learning infrastructure, open innovation, location, innovation, motto, knowledge management and highly accomplished alumni. MIT Sloan has received #5 among the best B-schools around the world for Business and Management courses, by US World and News.
The B-School stays extremely popular due to its vibrant and happening campus life, due to the location of this place. The students are able to build connections due to the close proximity to the Teach giants, biotech companies, and start-ups of the world, which are useful and essential when these students graduate.
Check out the rankings of the Business subjects taught at the MIT Sloan School of Management:
MIT Sloan Business School Specialty | Rankings |
|---|---|
Best Business Schools | #5 |
Information Systems | #1 |
Business Analytics | #3 |
Entrepreneurship | #4 |
Executive MBA | #8 |
Finance | #6 |
Project Management | #1 |
Supply Chain/ Logistics | #2 |
Real Estate | #10 |
Q: Which university is better for MBA among UC Berkeley Haas and MIT Sloan School of Management?
Both the B-schools are considered to be the best in the world, due to their curriculum, expert faculty, campus life, location, global reputation, state of the art learning infrastructure, and Nobel Laureates. While both the schools are great for Business and Management studies, the MIT Sloan School of Management ranks at #5 among the top 124 B-Schools of the world, on the other hand Sloan ranks at #7 in this list, according to US world and News ranking.
The table compares these two best Business schools in depth:
Criteria | Berkeley HAAS School of Business | MIT Sloan School of Management |
|---|---|---|
Location | Berkeley, California (near Silicon Valley) | Cambridge, Massachusetts (near Boston) |
Average Starting Salary | USD 160,000 (INR 1.35 Cr) | USD 165,000 (INR 1.39 Cr) |
Sign-On Bonus | USD 30,000 (INR 25 L) | USD 35,000 (INR 29 L) |
Acceptance Rate | 17% | 11% |
Tuition | USD 66,000 (INR 55 L) per year (USD 132,000 total) | USD 83,000 (INR 70 L) per year (USD 166,000 total) |
Return on Investment (ROI) | High, especially in tech and entrepreneurship | High, especially in finance and consulting |
Top Industries Hiring | Technology, Consulting, Finance, Sustainability | Consulting, Finance, Technology, Biotech |
Ranking | Top 10 (typically #8–10) | Top 5 (typically #4–5) |
(USD 1 = INR 84.43)
These B-Schools are extremely popular choice among the students from the entire world, however if a student is more interested in Tech and Entrepreneurship industry, they should choose Sloan, and if the interest of the student inclines towards finance and consulting, MIT USA can be a better choice. Although, both schools have a low acceptance rate, the MIT Sloan is more competitive than Sloan, but Sloan graduates are landing better annual packages then Sloan.
Students are suggested to keep these factors in mind while preparing an application for both the B-Schools.
Q: Is MIT Sloan Fellows programme worth it?
The MIT Sloan Fellows program offers high career impact and is generally considered worth it for those aiming to transition into executive roles, pivot industries, or enhance their global business acumen. However, it’s essential to weigh the financial investment, time commitment, and alignment with your long-term goals. If you’re ready for a transformative experience with a potential for significant ROI, the programme is likely worth the investment.
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