MBA Entrepreneurship & Innovation Track
at MIT University, Cambridge

3.7 /5

(3 Reviews)

Shiksha popularity ranking

#1 in MBA/PGDM in USA

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Private Institute
MIT Sloan School of Management

MBA Entrepreneurship & Innovation Track
at
MIT University
Overview

MIT Sloan School of Management at MIT University offers MBA Entrepreneurship & Innovation Track. The 2 years Degree course has primary stream as Business & Management Studies. The MIT University tuition fees for international students is USD 86550.0. The Degree course offered by the at MIT University requires IELTS and TOEFL.

Duration	2 years
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹74.97 Lakh View full breakup
STEM Course	Yes
Type of University	Private
Official Career Service Website	Go to Website

MBA Entrepreneurship & Innovation Track
at
MIT University
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 74,96,961

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 16,49,938
Insurance	INR 3,12,092
Transportation	INR 3,07,674
Personal expense	INR 1,99,572
Student life Fee	INR 35,168
Books and Supplies	INR 76,226
Personal expense	INR 8,44,025
Books and Supplies	INR 1,25,772
Student Life Fee	INR 35,168
Application Fee	INR 21,655
Total approximate fees	INR 36,07,290

Calculated at the exchange rate of 1 USD = INR 86.62 | Tuition & expenses were last updated on 22ⁿᵈ January 2025

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MBA Entrepreneurship & Innovation Track
at
MIT University
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

No specific cutoff mentioned
Applicants must hold a four-year undergraduate degree or three-year equivalent undergraduate degree

MIT welcome applicants from all over the globe, and from all areas of study, including the humanities, the social and physical sciences, business, and engineering. Above all, we seek thoughtful leaders with exceptional intellectual abilities, determined to make their mark in the world—people who value dignity and respect

University seek candidates who are strong in both verbal and quantitative abilities.

MIT applicants from many types of academic backgrounds and do not have any academic prerequisites. In the application, we ask you to tell us which courses (if any) in the following subject areas you have taken. We’ll also ask what grade you received in each course.

Calculus

Communications

Linear Algebra

Microeconomics

Organizational Behavior

Probability

Statistics
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GPA

Percentage

CGPA

3 year degree accepted Lock Icon

N/A
Applicants with three year bachelor's degree will be considered

Convert your CGPA to GPA

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CGPA

TOEFL

No specific cutoff mentioned
Register for TOEFL iBT® Test Today and get ?1500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL

GMAT

No specific cutoff mentioned
Due to the ongoing COVID-19 pandemic, the MBA program will allow candidates for the 2021-22 admission cycle to submit a request for a test waiver should their current situation prevent them from safely being able to access an exam

IELTS

No specific cutoff mentioned
Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS

GRE

No specific cutoff mentioned
Due to the ongoing COVID-19 pandemic, the MBA program will allow candidates for the 2021-22 admission cycle to submit a request for a test waiver should their current situation prevent them from safely being able to access an exam

Other eligibility criteria Lock Icon

students have an average of five years of work experience when they join the MBA program. Having work experience helps you leverage the extensive opportunities at MIT Sloan. Students who already have a framework of experience and who understand workplace issues, generally get more out of the program and can often contribute more to classroom discussions and team projects
The institute will consider your internship experience, but it does not count as full-time employment
Interviews are by invitation only. They are a required step in the process. An invitation to interview signals that your application has reached an advanced stage of consideration, but it does not guarantee admission

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Which exams out of the above do I need to give?

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MBA Entrepreneurship & Innovation Track
at
MIT University
Application Process

Step one

Prepare documents for application

LOR

MBA applicants may only submit one professional letter of recommendation
A detailed recommendation can tell us a lot about you. Make sure you select an individual qualified to speak about your results as a professional and your potential as a leader.
Some important details:
- MBA applicants must submit one letter of recommendation.
- A recommendation from a professional contact is preferred, ideally a manager or supervisor.
- We do not accept recommendations from family members.
- Your letter of recommendation must be received by the deadline date for the round you are applying (see above for our deadlines.) It is your responsibility to remind your recommender to make sure it is submitted on time.

Submit a one-page resume. Try to focus on your work results, not just your title or job description
Provide the following information in reverse chronological order:
- Education: Please include relevant awards, scholarships and professional societies
- Work Experience: Please include company name, title, results-oriented bullets that demonstrate your skill set, and dates
- Additional information: Please include extracurricular activities/community service, technical skills/certifications, and special skills/interests, and languages spoken (if applicable)
Here are some pointers on formatting:
- One page limit
- Times New Roman font
- Size 10 font
- Word or PDF formats only

Step two

Additional documents required

Scan and upload transcripts from all colleges and universities attended
If you received an undergraduate degree as part of a Master's program, please include an undergraduate entry in addition to your Master's degree
If your transcripts are not in English, please scan and upload both the original and the certified translation
Cover Letter: Your letter should conform to a standard business correspondence, include one or more professional examples that illustrate why you meet the desired criteria above, and be addressed to the Admissions Committee (300 words or fewer, excluding address and salutation)
Submit GMAT/GRE scores
Submit Video Question 1:
- Introduce yourself to your future classmates. Here’s your chance to put a face with a name, let your personality shine through, be conversational, be yourself
Submit Video Question 2:
- The following are examples of questions that may be asked in the Video Question 2:
  - What achievement are you most proud of and why?
  - Tell us about a time a classmate or colleague wasn’t contributing to a group project. What did you do?
  No more than 1 minute (60 second) in length
- Single take (no editing)
- Speaking directly to the camera
- Do not include background music or subtitles
Submit an organizational chart (Max limit: Two pages)
Relevant coursework & Professional Certifications which have been taken for professional development courses in your spare time
The Admissions Committee is excited to learn more about you and your background. In 250 words, please respond to the following short answer question:
- How has the world you come from shaped who you are today? For example, your family, culture, community, all help to shape aspects of your life experiences and perspective.

Step three

Start your online application

https://applymitsloan.mit.edu/register/apply

Step four

Application fees for this course

USD 250 = INR 21.66 Thousand

Mode of payment: Credit card

The MIT Monthly Payment Plan offers the option of spreading the applicant's term bill over five payments and paying it over the course of the term as opposed to in one lump sum
The plan has an enrollment fee of $35 per term

Step five

Application deadline

Fall (Aug): 7th Apr

*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!

MBA Entrepreneurship & Innovation Track
at
MIT University
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#4	Global MBA QS, 2025
#1	MBA Business Analytics US News & World Report, 2024
#6	GMBA FT (Financial Times), 2024

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MBA Entrepreneurship & Innovation Track
at
MIT University
Placements

Particulars	Statistics (2023)
Average Salary	USD 1.25 Lakh
Highest Salary	USD 2.75 Lakh
Median Salary	USD 1.50 Lakh
Lowest Salary	USD 65,000
% Batch placed	95.9
Internship Available	Yes, Students in the MBA program have the opportunity to spend the summer between their first and second years working in an internship that contributes to their understanding of and effectiveness in deali Read more Students in the MBA program have the opportunity to spend the summer between their first and second years working in an internship that contributes to their understanding of and effectiveness in dealing with management problems, by registering in an optional elective internship course under faculty guidance

Top Recruiters for MIT University

Amazon.com

Apple

Bank of America

BCG

Deloitte

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Microsoft

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Massachusetts Institute of Technology
Students Ratings & Reviews

3.7/5

1 Verified Review Info Icon

Vibe of Campus

Friendly
Fun loving
Sporty

Student Views

0% students never faced discrimination in this university

Internships4

Part time work1

Post study jobs4

Quality of faculty4

Student Life5

Value for money5

Public transportation4

Safety4

Indian Food4

Permanent Immigration2

Anonymous

Master of Science in Transportation/Master of Science in Electrical Engineering and Computer Science - Batch of 2021

Offered by Massachusetts Institute of Technology

Best college with great academics and friendly faculty.

Tips: I would advise students to be well-prepared academically before joining this college. The classes are more research-oriented, so be ready to get your hands dirty. Also, be prepared to take classes from outside the university. Finally, always be ready to jump in and make yourself available in class. The academics at this college were diverse, and the teachers were very knowledgeable. The tutors were very friendly and helpful. I could approach them anytime, and they were always there for me. I would recommend this college to anyone. The student life was fantastic. I got a lot of learning opportunities and practical experience. Some of the greatest minds in the world work and study there. The research faculty was fabulous, and there was a lot of equipment and funding for experiments. There were a lot of clubs, too. Overall, I am satisfied with the experience.

Reviewed on 12 Nov 2024Read more

Anonymous

Master of Science in Transportation/Master in City Planning - Batch of 2020

Offered by Massachusetts Institute of Technology

3.7

It has been an exceptional experience studying at Massachusetts Institute of Technology.

Tips: Before joining college, students should research the college's culture, academic programs, and campus resources. They should also understand their scholarship and financial aid options. To make a smooth transition, students should seek out supportive professors and peers. They should also prepare for cultural and academic adjustments, and join clubs and organizations to build connections. To apply for a scholarship, students should submit their academic transcripts and essays through the college's website. The scholarship allowance can help students focus on their academics and extracurricular activities.

Likes (Safety): I feel grateful to be part of such a supportive community. I have had extremely positive experiences in the city. The local community is friendly and welcoming, with many amenities and services available to support students. I have never felt threatened or unsafe while exploring the city. One notable experience was when I got lost in the city during my first week. A local resident approached me and offered to help me find my way back to campus. This kindness and generosity have stuck with me, and I feel grateful to be part of such a supportive community.

Dislikes (Post study jobs): While there are some job opportunities available, the process of securing a sponsor visa can be challenging and competitive. There are a limited number of companies that offer sponsor visas for international students, and the job roles and salary packages offered to international students vary depending on the industry, company, and job requirements. A company might offer a sponsor visa for a position in a specific field or industry, but the salary package for that position might not be as competitive as other positions that do not require a sponsor visa. Software engineer, data analyst, and IT consultant roles are common, with salary packages ranging from 60,000 to 100,000 dollars per year.

Reviewed on 1 Dec 2024Read more

Anonymous

Master of Science in Transportation/Master of Science in Technology and Policy - Batch of 2024

Offered by Massachusetts Institute of Technology

3.7

Funded Masters at MIT with lots of events and activities.

Tips: Students should know that many MIT Masters programs, including TPP, are fully funded through RAships. You can apply to multiple MIT programs in the same application cycle, and you can also apply for a dual master's degree with other departments after you are admitted to an MIT program. The allowance is almost $45,000 per year, in addition to tuition and health coverage. This amount is sufficient to live in Boston and save some money.

Likes (Student Life): There are lots of fun activities to do in Boston. You can also learn how to sail for free. There are many clubs on campus that you can join for free. Boston is very bikeable so you can bike anywhere within the city. It's very pretty in the fall. People also regularly rent cars to hike in New Hampshire.

Dislikes (Part time work): You will be on a RAship so there is no need for part time for most MIT grad programs except Sloan ones. Taking on additional part-time activities might be restricted by your F1 visa. You won't need additional sources of income over RAship money and you won't have the time for it.

Reviewed on 13 Sep 2024Read more

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MBA Entrepreneurship & Innovation Track
at
MIT University
Highlights

The Entrepreneurship & Innovation (E&I) Track is for students within the MIT Sloan School of Management MBA program who already have a strong commitment to an entrepreneurial life - technology-based or not - as well as for those who want to learn more about entrepreneurship as a part of their future careers
The E&I Track focuses on learning how to launch and develop innovative and emerging technology companies and emphasizes the integration of academic and practitioner lessons, team practice, and real-world application in entrepreneurship
As a student in the E&I Track, students will:
meet and work with a cohort of like-minded peers
gain exposure to key MIT faculty, staff, and other entrepreneurship resources
tap into a global entrepreneurship network