Massachusetts Institute of Technology

The top employers of MBA class of 2022 included:CompaniesNo. of hiresThe Boston Consulting Group47McKinsey & Company21Amazon18Google12Bain & Company11Goldman Sachs8

 96.6% of MBA graduates of MIT received full-time offers within 3 months of graduation. The top industries for employment were Finance, Consulting, Technology, Healthcare / Pharma / Biotech. The median base salary was USD 165,000 and the median signing bonus was USD 30,000. Growth potential was the primary reason graduates accepted their position.

The top functions at MIT MBA for the class of 2022 include Finance, Product Management / Development, Consulting / Strategic Planning, Operations / Project Management. The salary details by function is listed in the table given below.FunctionMedian SalaryBusiness AnalyticsUSD 150,000Business DevelopmentUSD 145,000Consulting / Strategic PlanningUSD 175,000FinanceUSD 172,000Leadership Development Program / General ManagementUSD 140,000MarketingUSD 145,000Operations / Project ManagementUSD 145,000Product Management / DevelopmentUSD 155,000Other Function-

Yes, GMAT / GRE is an important criterion to get into MIT MBA. As such, there is no minimum score required for GMAT for admission to MIT. But, the median GMAT score is 730. Besides the GMAT / Score, the interested applicants must have an undergraduate degree to take admission to the MIT MBA course.

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.

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.

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 

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.

Once the application form is filled out and submitted with all the necessary documents. Applicants are required to pay an application fee for processing their application form. The application fee for undergraduate and graduate programs at MIT is USD 75 except for the Sloan School of Management. International applicants can pay the application fee online through their Visa or Master credit cards.

MIT offers a very diverse and culturally vibrant environment to international students. The Massachusetts Institute of Technology is one of the most sought-after universities among international students. Each year thousands of international students come to the Massachusetts Institute of Technology from all over the world. In 2022/23 the university welcomed 3,465 international students from 135 countries around the world.