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MBA Courses at Massachusetts Institute of Technology

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Dark Clock Icon Last updated on 6 Nov '24, by Chandra Shekhar (Study Abroad Expert)

MIT University MBA/PGDM
What’s new?

International students can apply for MIT University MBA admission through the MIT Sloan School of Management. Applicants must complete an online application by the deadline to get admission to the MBA program. The Massachusetts Institute of Technology application deadline for MBA admission in round 2 is Jan 14, 2025.

Massachusetts Institute of Technology MBA Highlights 2025

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Commonly asked questions
On Highlights

Q:   What is the placement rate for students at the Massachusetts Institute of Technology (MIT) after completing an MBA?

A: 

The Massachusetts Institute of Technology placement rate increases from 96% in 2022 to 100% in 2023. MIT University MBA graduates get job offers within three months after graduation. Mentioned below are the Massachusetts Institute of Technology job outcomes in last two years:

Head

Class of 2022 MBA Report

Class of 2023 MBA Report

Placement rate

96%

100%

Median base salary

USD 165,000  (INR 1.36 Cr)

USD 170,000  (INR 1.41 Cr)

Top 5 Companies

The Boston Consulting Group, McKinsey & Company, Amazon, Google and Bain & Company

McKinsey & Company, Bain & Company, The Boston Consulting Group, Amazon, and Verizon

MIT MBA job outcomes

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Q:   Does MIT MBA require GMAT?

A: 

GMAT score is the critical component of the MIT MBA application process and plays an important role in the holistic evaluation process. International students must provide their valid GMAT score for MIT Solan MBA admissions. The median GMAT for MBA class 2025 is 730 with a GMAT range between 700 - 760

Also read: GMAT scores for Top MBA Colleges in the USA

Q:   Is MBA in Massachusetts Institute of Technology worth pursuing?

A: 

MIT Sloan (MIT Business School) is one of the STEM-focused global business schools and students from all over the world desire to study here. In QS Global MBA Rankings 2024, Massachusetts Institute of Technology has been awarded the rank #6 in the world. Also, the MIT Sloan has been ranked #6 in Global Business Schools by the Financial Times MBA Ranking 2024. MIT MBA programs are STEM designated and students get to choose between various specializations such as Finance, Business Analytics, Global Operations, Management Studies, Design & Management, and more.

Q:   Can an Indian join MBA programme at MIT Business School Sloan?

A: 

Massachusetts institute of technology provides Business and Management programs under their Business School, and the school allows students from all around the world to apply to study at this school. To be able to successfully apply to this school as an Indian student, you must fulfill these requirements:

·         English Proficiency Exam (MIT prefers IELTS, but you can go for any of these IELTS/TOEFL/Cambridge English Test/Duolingo)

·         Standardized Entrance test(GMAT/GRE/SAT/ACT)

·         Official Transcripts from all the colleges and schools the student has attended.

·         CV or a Resume

·         Proof of Extra-curricular activities

Q:   When can I apply for MIT MBA program?

A: 

For admissions to the MIT MBA program, students can apply through the MBA Application Portal, which is available on the university's website. Applications for the MBA in Massachusetts Institute of Technology are accepted through three rounds throughout the year. Given below are the Massachusetts Institute of Technology application deadlines for MBA:

Round

Application Deadlines

Round I

Closed

Round II

Mid-Jan, 2025

Round III

Early-Apr, 2025

MIT University MBA/PGDM
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Massachusetts Institute of Technology MBA Admission Dates 2025

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Commonly asked questions
On Admissions

Q:   Can an Indian join MBA programme at MIT Business School Sloan?

A: 

Massachusetts institute of technology provides Business and Management programs under their Business School, and the school allows students from all around the world to apply to study at this school. To be able to successfully apply to this school as an Indian student, you must fulfill these requirements:

·         English Proficiency Exam (MIT prefers IELTS, but you can go for any of these IELTS/TOEFL/Cambridge English Test/Duolingo)

·         Standardized Entrance test(GMAT/GRE/SAT/ACT)

·         Official Transcripts from all the colleges and schools the student has attended.

·         CV or a Resume

·         Proof of Extra-curricular activities

Q:   When can I apply for MIT MBA program?

A: 

For admissions to the MIT MBA program, students can apply through the MBA Application Portal, which is available on the university's website. Applications for the MBA in Massachusetts Institute of Technology are accepted through three rounds throughout the year. Given below are the Massachusetts Institute of Technology application deadlines for MBA:

Round

Application Deadlines

Round I

Closed

Round II

Mid-Jan, 2025

Round III

Early-Apr, 2025

Q:   How hard is to get into MIT MBA?

A: 

MIT admission are highly competitive for international students because of its high acceptance rate and admission requirements. The MIT University MBA acceptance rate is around 15%, which means out of 100 applications only 15 accepted. The median GPA required for MBA admission at the university is 3.61 out of 4.0 and the median GMAT score is 730. Massachusetts Institute of Technology admissions requirements for MBA programme are: 

  • Cover Letter
  • Resume
  • Video Statement
  • One Letter of Recommendation
  • Transcripts
  • Standardized Test Scores
  • Relevant Coursework & Professional Certifications
  • Application Fee

Also Read: MBA Colleges in USA

Q:   What is the fee for MBA at MIT Sloan School of Management?

A: 

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)

Q:   Does MIT MBA require GMAT?

A: 

GMAT score is the critical component of the MIT MBA application process and plays an important role in the holistic evaluation process. International students must provide their valid GMAT score for MIT Solan MBA admissions. The median GMAT for MBA class 2025 is 730 with a GMAT range between 700 - 760

Also read: GMAT scores for Top MBA Colleges in the USA

Massachusetts Institute of Technology MBA Rankings 2025

Massachusetts Institute of Technology MBA Placements 2025

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Commonly asked questions
On Placements

Q:   What is the placement rate of MBA graduates from MIT Sloan?

A: 

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:   What is the starting salary of MBA graduate from MIT Sloan?

A: 

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:   Who are the top recruiters for the MBA graduates of the Massachusetts Institute of Technology?

A: 

Graduates of the Massachusetts Institute of Technology are very skilled in their domain and are always in high demand among companies. Companies from across the country and the world come to MITto recruit fresh graduates. Listed below are some of the top recruiters of the MIT graduates:

Top Employers of MBA Class of 2023

The Boston Consulting Group

McKinsey & Company

Amazon

Google

Bain & Company

Goldman Sachs

Capital One

Deloitte Consulting

Amgen

Apple

Q:   Which companies hire MBA graduates from MIT Sloan?

A: 

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

Q:   What is the average salary of MBA graduates of the Massachusetts Institute of Technology?

A: 

Massachusetts Institute of Technology produces some of the finest professionals and graduates ready to join the top industries. Each year top-industries in their area come to MIT to recruit from the talented pool of fresh graduates of the institute. As of 2023, the average salary of an MBA graduate of Massachusetts Institute of Technology is USD 168,095 (INR 1.39 Cr) per year and a median salary of USD 170,000 (INR 1.41 Cr). Additionally, the median signing bonus is USD 30,000 (INR 25 L).

Massachusetts Institute of Technology MBA FAQs 2025

Q:   What is the salary package for MIT MBA?

A: 

The average base salary for the MIT MBA class of 2022 was USD 159,391 and the median base salary was USD 165,000. 96.6% of MIT MBA students received offers within three months of graduation. Some of the top industries for the MBA class of 2022 was Technology, Consulting, Finance, and Healthcare / Pharma / Biotech.

Q:   How hard is to get into MIT MBA?

A: 

MIT admission are highly competitive for international students because of its high acceptance rate and admission requirements. The MIT University MBA acceptance rate is around 15%, which means out of 100 applications only 15 accepted. The median GPA required for MBA admission at the university is 3.61 out of 4.0 and the median GMAT score is 730. Massachusetts Institute of Technology admissions requirements for MBA programme are: 

  • Cover Letter
  • Resume
  • Video Statement
  • One Letter of Recommendation
  • Transcripts
  • Standardized Test Scores
  • Relevant Coursework & Professional Certifications
  • Application Fee

Also Read: MBA Colleges in USA

Q:   Is MIT good for an MBA?

A: 

MIT Sloan is a different kind of management school. Students can get hands-on learning and global experience. The two-year MBA programme of MIT will help in making the leaders ready to make a difference in the world. In the QS Global MBA rankings 2023, MIT ranks at #6 position, whereas, in the U.S. News & World Report 2023-24 rankings, MIT Sloan ranks at #4th position.

Q:   Does MIT MBA require GMAT?

A: 

GMAT score is the critical component of the MIT MBA application process and plays an important role in the holistic evaluation process. International students must provide their valid GMAT score for MIT Solan MBA admissions. The median GMAT for MBA class 2025 is 730 with a GMAT range between 700 - 760

Also read: GMAT scores for Top MBA Colleges in the USA

Q:   Is MBA in Massachusetts Institute of Technology worth pursuing?

A: 

MIT Sloan (MIT Business School) is one of the STEM-focused global business schools and students from all over the world desire to study here. In QS Global MBA Rankings 2024, Massachusetts Institute of Technology has been awarded the rank #6 in the world. Also, the MIT Sloan has been ranked #6 in Global Business Schools by the Financial Times MBA Ranking 2024. MIT MBA programs are STEM designated and students get to choose between various specializations such as Finance, Business Analytics, Global Operations, Management Studies, Design & Management, and more.

Q:   How much does an MBA cost in MIT?

A: 

MIT Sloan MBA fees for 2023-24 is USD 82,000. Also, USD 2,200 per year will also be charged and this is the Sloan programme fee. This amount will be around INR 69 lakh. Besides the tuition fee, students are also required to pay for the living expenses. The living expenses will be around INR 24 lakh.

Read: 10 Most Affordable MBA Colleges in the US 

Q:   Who are the top recruiters for the MBA graduates of the Massachusetts Institute of Technology?

A: 

Graduates of the Massachusetts Institute of Technology are very skilled in their domain and are always in high demand among companies. Companies from across the country and the world come to MITto recruit fresh graduates. Listed below are some of the top recruiters of the MIT graduates:

Top Employers of MBA Class of 2023

The Boston Consulting Group

McKinsey & Company

Amazon

Google

Bain & Company

Goldman Sachs

Capital One

Deloitte Consulting

Amgen

Apple

Q:   When can I apply for MIT MBA program?

A: 

For admissions to the MIT MBA program, students can apply through the MBA Application Portal, which is available on the university's website. Applications for the MBA in Massachusetts Institute of Technology are accepted through three rounds throughout the year. Given below are the Massachusetts Institute of Technology application deadlines for MBA:

Round

Application Deadlines

Round I

Closed

Round II

Mid-Jan, 2025

Round III

Early-Apr, 2025

Q:   What is the acceptance rate for an MIT MBA?

A: 

According to various unofficial sources, the acceptance rate is 14.6% for MIT Sloan. Looking at the acceptance rate, it can be said that to get into MIT MBA, the applicants must have a strong and excellent academic record. To take admission to MIT MBA, students must meet all the eligibility and application requirements.

Q:   How can I get admission to MIT for an MBA?

A: 

Given below is MIT MBA eligibility criteria:

  • 4-year undergraduate degree or 3-year equivalent undergraduate degree from outside the US, by the time of matriculation
  • MIT welcomes applicants from all over the globe, and from all study areas, including the Business, Humanities, the Social Sciences and Physical Sciences, and Engineering
  • GMAT / GRE score
  • Work experience

Read: MBA in USA wthout Work Experience 

Q:   What is the placement rate for students at the Massachusetts Institute of Technology (MIT) after completing an MBA?

A: 

The Massachusetts Institute of Technology placement rate increases from 96% in 2022 to 100% in 2023. MIT University MBA graduates get job offers within three months after graduation. Mentioned below are the Massachusetts Institute of Technology job outcomes in last two years:

Head

Class of 2022 MBA Report

Class of 2023 MBA Report

Placement rate

96%

100%

Median base salary

USD 165,000  (INR 1.36 Cr)

USD 170,000  (INR 1.41 Cr)

Top 5 Companies

The Boston Consulting Group, McKinsey & Company, Amazon, Google and Bain & Company

McKinsey & Company, Bain & Company, The Boston Consulting Group, Amazon, and Verizon

MIT MBA job outcomes

Download

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Q:   What is the salary of MIT MBA student?

A: 

As per the placement report, the Massachusetts Institute of Technology the highest package is USD 190,000 (median base salary) for Consulting. The below table includes the industry-wise placement statistics:

Industry

Median Base Salary 2022

Median Base Salary 2023

Auto / Aerospace

USD 160,000 (INR 1.33 Cr)

USD 146,500 (INR 1.22 Cr)

Consulting

USD 175,000 (INR 1.45 Cr)

USD 190,000 (INR 1.58 Cr)

Energy

USD 150,000 (INR 1.25 Cr)

USD 160,000 (INR 1.33 Cr)

Finance

USD 170,000 (INR 1.41 Cr)

USD 175,000 (INR 1.45 Cr)

Healthcare / Pharma / Biotech

USD 145,000 (INR 1.20 Cr)

USD 147,500 (INR 1.22 Cr)

Media / Entertainment / Sports

USD 137,500 (INR 1.14 Cr)

USD 140,000 (INR 1.16 Cr)

Retail / CPG

USD 141,000 (INR 1.17 Cr)

USD 146,250 (INR 1.21 Cr)

Technology

USD 150,000 (INR 1.25 Cr)

USD 157,100 (INR 1.30 Cr)

Other Manufacturing Industries

USD 140,000 (INR 1.16 Cr)

USD 157,500 (INR 1.31 Cr)

Other Service Industries

USD 125,000 (INR 1.04 Cr)

USD 147,500 (INR 1.22 Cr)

Other

USD 132,000 (INR 1.10 Cr)

USD 125,000 (INR 1.04 Cr)

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MIT University

Student Forum

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Answered Yesterday

The cost of living at MIT varies based on the student's programme and encompasses expenses like housing, food, and books. For the 2024-2025 academic year, undergraduate students can expect costs including a student life fee of USD 406, housing at USD 13,060, and food expenses of USD 7,220, totaling

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Arshita Tiwari

Contributor-Level 10

Answered Yesterday

The cost of studying MS at MIT ranges between INR 45 Lacs and INR 70 lakhs, depending on the specialisation chosen by the candidate.

 The table below includes some popular MS specializations with first-year tuition fees: 

MS SpecizlizationsFirst Year Fees
Master of Science Aeronautics and AstronauticsINR 51.85 L
Master of Science Program in Computational Science and EngineeringINR 49.97 L
Master of Science in Chemical Engineering PracticeINR 48.17 L
Master of Science in Nuclear Science and EngineeringINR 51.85 L

 

A

Arshita Tiwari

Contributor-Level 10

Answered a week ago

It is important that you time your scholarships to coincide with the admission periods if you wish to apply for a scholarship at the Massachusetts Institute of Technology (MIT). For the undergraduate level, students are expected to fill the CSS Profile together with the needed financial attachments

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Kunal Lalwani

Contributor-Level 9

Answered a week ago

Oxford University and Massachusetts Institute of Technology (MIT) are among the top universities to study BTech Abroad. They both offer quality engineering courses to students with better career opportunities. The below table includes the first-year BTech cost at MIT and Oxford:

BTech Universities

BTech First-Year Fees

Oxford University

INR 47 L – INR 63 L

MIT University

INR 50 L – INR 52 L

V

Vikram Kumar

Beginner-Level 4

Answered 2 weeks ago

Getting into top colleges like MIT and Stanford for a Master's degree (MS) is very competitive and requires excellent qualifications. Here is a breakdown of the key requirements:

1. Academic Excellence

GPA: A good undergraduate GPA, mostly above 3.5 on a 4.0 scale, would be required. More competitive

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Ujjwal Gupta

Contributor-Level 8

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Chandra Shekhar

Study Abroad Expert

With over 6 years of overall work experience in Content Writing, Chandra Shekhar has worked on various content writing profiles like Technical and Education-based. He has been involved in writing for higher education and abroad studies for more than ...Read Full Bio

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