MIT Sloan School of Management

MIT School of Management stands as a worldwide authority in business education and research. Driven by a commitment to cultivate principled and innovative leaders, MIT Sloan brings together exceptional minds to tackle global challenges. Solan offers all kinds of business programs- MBA, EMBA, master’s, PhD, and executive MBA. Through experiential learning, the MBA program offers students the chance to engage with business, government, and nonprofit organizations. In conclusion, MIT Sloan provides an excellent business program that perfectly combines technology and business.

What’s unique about MIT Sloan?

  • Focus on Innovation – MIT Sloan distinguishes itself by its constant emphasis on innovation, offering students an environment that continually fosters creativity in thought. Courses teach innovative frameworks while projects tackle real-world problems with fresh perspectives. The program’s proximity to tech and science labs further enables boundary-pushing innovation.

  • Finest Faculty – The experienced faculty at MIT Sloan, comprising top experts and industry specialists, enhances the program’s academic excellence. Students benefit from their cutting-edge research and real-world experience, gaining current insights into business theories and practices. Beyond traditional teaching roles, professors also serve as mentors, offering valuable guidance and support both within and beyond the classroom.

  • Strong Academics – MIT Sloan’s intensive curriculum stretches students to grow intellectually, developing an incisive understanding of multifaceted business concepts. The program’s analytical rigor sharpens critical thinking and technical abilities. Graduates gain the mental acuity to unravel complex issues, along with the conceptual grasp to drive strategic decisions.

  • Building Entrepreneurs – At MIT Students are inspired to create, take chances, and assume leadership roles by the program’s encouragement of an entrepreneurial mindset. Graduates acquire the skills and mindset needed to succeed in uncertain environments and contribute to the growth of organizations.

  • Interdisciplinary Learning – MIT Sloan champions collaboration across diverse domains including engineering, computer science, and design. Through interdisciplinary projects and campus-wide initiatives, students engage with multiple fields. Exposure to varied perspectives sharpens critical thinking and sparks creativity. By crossing traditional boundaries, students learn to synthesize different viewpoints.

Class Profile

Academic Statistics

 Class of 2025
Class Size409
Applications SubmittedNA
Average GPA3.61
Average AgeNA
International Students40%
Countries Represented60
Female Students46%
Average GMAT730
Average GRE (Verbal / Quant)162/161
% Reported GRENA
Average Work Ex5 years
Undergraduate Degree
Pre – MBA Industries (Top 5)

MIT Sloan Class of 2025 demonstrated a strong academic foundation with the Median GPA being 3.61 while the average GMAT was 730. The class was diverse with international students consisting of 40% across 60 countries and female students constituting 46% of incoming students which goes on to attest to the focus on diversity. The incoming class had an average work experience of 5 years. Business, Nearly 60% of the incoming class in the Class of 2025 at MIT Sloan holds undergraduate degrees in Business, Economics, and Engineering. The leading pre-MBA industries for this class are Consulting and Finance. In summary, the Class of 2025 is a diverse and accomplished group, illustrating MIT Sloan’s commitment to creating a global community of future business leaders.

MIT Sloan School of Management Application Guide

The MIT Sloan School of Management claims to be one of the most distinguished places on the global map, revered for its specialty in innovation and analytical rigor and for developing future leaders. To get into this marvelous institution, an applicant has to recognize the application process. Beyond that, this guide offers insights into application processes, acquiring rates, and scholarships available at MIT Sloan. 

What is the MIT Sloan School MBA Program acquiring rate?

The enrolled candidates for the full-time MBA class at MIT Sloan have an actual strength 409. The MIT Sloan School of Management offers one of the most significant and prestigious two-year full-time MBA programs worldwide. 

Reference: https://admitexpert.com/blog/mit-sloan-school-of-management/ 

What is the MIT Sloan MBA Cost?

The tuition fee for the MIT Sloan MBA program in the academic year 2024-2025 is $84,350.

Estimated Tuition Fees for the 2024-2025 Academic Year*

Expense

9 Month Cost

12 Month Cost

Tuition

$61,990

$83,405

Fees

$406

$406

Health insurance

$3,603

$3,603

Housing⁠

$16,200

$21,600

Food⁠

$7,290

$9,720

Books, course materials, supplies & equipment

$1,089

$1,452

Personal⁠

$7,308

$9,744

Transportation

$2,664

$3,552

Total⁠

$100,550

$133,116

Reference: https://mitsloan.mit.edu/mba/admissions/financing-your-education#:~:text=The%20cost%20of%20tuition%20for,about%20submitting%20an%20insurance%20waiver, https://sfs.mit.edu/graduate-students/cost-of-attendance/grad-cost-of-attendance/

Does MIT Sloan School offer loans and scholarships?

MBA Loans

Admission to MIT Sloan relies on an admission procedure without consideration of needs. Once enrolled for the MBA at MIT Sloan, students receive extensive information related to the financial aid process through the MIT Sloan website. The procedure has minor differences in whether the new student is an international, U.S. citizen, or a permanent resident.

  • Graduate Loan Application: When applying as a domestic student or an international student with a domestic co-signer, one will find various options for loan availability, including federal subsidized and unsubsidized loans. There are alternatives for International Students without a cosigner, but unfortunately, these are limited.

Fellowships

Fellowships are available for first and second-year students at MIT Sloan because of the generous support of individual, corporate, and foundation donors.

Fellowships Requiring a Separate Application

  • Aker Scholarship: The Aker Scholarship is a provision to Norwegian students who take up the MBA [or MFIN, MBAn] degree at MIT Sloan. MIT belongs to the handful of universities that can give this scholarship. Additionally, applicants from Norway or those with strong ties to Norway who are admitted into any master’s program are eligible for this financial support. The scholarship will supplement any other financing to cover the full cost of study and living expenses.

  • Fundacion Gondra Barandiaran: Given to two applicants for MBA, Master of Finance, or Master of Business Analytics who have graduated in engineering from a university in Spain. The scholarship provides full two-year tuition fees (12 months for MFIN and MBAn). Eligibility requirements: to be admitted for MBA in Round 1 or 2. MBA, MFIN, and MBAn students must apply for the scholarship to FGB within 20 days of accepting the admission decision.

  • Kennedy Memorial Trust Scholarships: Kennedy Scholarships are for UK students at Harvard and MIT. It can pay for any courses at MIT or any graduate school at Harvard, from PhD to LLM. Private fellowships are for students who want to either study without a degree or have a general program of non-degree study.

  • Legatum Fellowship: The Legatum Center for Development and Entrepreneurship provides selected entrepreneurial graduate students with funding from MIT. Its application is different from that for MBA Admissions. Therefore, the fellowship is open to all MIT graduate students who intend to start a business in a low-income country after graduation.

  • MIT China Scholarship Council Fellowship Program: First-year new entrant students in MIT graduate programs may apply for this fellowship if they are citizens of the People’s Republic of China. The MIT-CSC Fellowship Program provides fellowships consisting of funding that covers a standard stipend and full tuition with international round-trip airfare and the appropriate fees. Applications for participation in the MIT-CSC Fellowship Program should go directly to the CSC.

  • MIT Sloan Social Impact Fellowships: MIT Sloan Social Impact Fellowships deliver funds to a limited number of MBA students who address significant social challenges through their summer internships. Applications are accepted in the first year of April session, and awards are made in early May. It is donated with the help of Dean’s Office funds and support from classmates’ contributions.

  • Robert B. Guenassia Award: There are five of those awards, each amounting to a stipend of $5,000. It is a one-time award that cannot be renewed. The graduate student must have graduated from Ecole Centrale or the Lycée Louis le Grand. Nomination materials include the departmental nomination letter, a resumé, and a transcript (they can also submit unofficial or grade reports for currently enrolled students). Those eligible should contact their graduate administrator to check if they can be nominated. This award is for U.S. citizens, permanent residents, and international students.

  • Yellow Ribbon GI Education Enhancement Program: For every United States military veteran who meets VA eligibility criteria for the Yellow Ribbon program, MIT Sloan will now offer a $25000 grant-more than the $25000 that the VA will match.

Additional funding sources

  • Forté Foundation Fellowships: Firmly committed to nurturing future female leadership, MIT Sloan is a proud sponsor of the Forté Foundation. This is also true for the MIT Sloan Fellows MBA program: it awards Forté Foundation fellowships to deserving women applicants who have shown leadership within their community, institution of learning, and place of work. Automatic consideration for these partial-tuition fellowships is granted to all female MIT Sloan Fellows MBA program applicants.

  • Dean’s Fellowships: A small number of Dean’s fellowships are available to MIT Sloan Fellows MBA admitted candidates, regardless of citizenship, to supplement any of their diverse backgrounds. All admitted candidates automatically consider merit-based fellowships.

  • The Nippon Foundation’s International Fellowship: This fellowship aims to allow Japanese nationals in private or public sectors to study at overseas academic institutions. 

  • Kennedy Memorial Trust Scholarship: It offers prizes for British postgraduate students to pursue further studies at the Massachusetts Institute of Technology or Harvard University. The Kennedy Scholarship is an academic award given for various educational programs; during the time spent in the program, scholars deepen their expertise in their field. Applicants for the awards must possess all of the following conditions:

    • British citizen at the time of application

    • Usually resident in the UK

    • Wholly or mainly educated in the UK.

  • Action, Impact, and Motivation (AIM) Scholarship: The AIM Scholarship, namely Action, Impact, and Motivation, funds postgraduate projects for Sloan Fellows MBA graduates to create social impacts on India’s shores. It provides members of a team 1-2 SFMBA a grant of as much as $20,000 for concept testing and implementation of ideas and solutions against the United Nations Sustainable Development Goals.

Reference: https://mitsloan.mit.edu/mba/admissions/tuition-and-financial-aid/loans#:~:text=Domestic%20students%20or%20International%20Students,for%20students%20in%20this%20situation, https://mitsloan.mit.edu/mba/admissions/fellowships-assistantships#:~:text=MIT%20Sloan%20offers%20%2425%2C000%20scholarships,for%20the%20Yellow%20Ribbon%20program, https://mitsloan.mit.edu/mit-sloan-fellows-mba/admissions/tuition-expenses-and-financial-aid.    

What are the requirements to do an MBA from MIT Sloan?

  • Admissions Process
  • Interviews
  • Transcripts/GPA
  • Test Scores
  • Work Experience and Background
  • Cover Letter
  • Video
  • Recommendation
  • Organizational Chart
  • Reapplication

Reference: https://mitsloan.mit.edu/mba/admissions/frequently-asked-questions#:~:text=The%20MIT%20Sloan%20Admissions%20Committee,valid%20by%20the%20application%20deadline

MIT Sloan School MBA Deadlines?

Application Deadlines for August 2025 Entry

Rounds

Deadline

Decision date

Round 1

September 30, 2024

December 12, 2024

Round 2

January 14, 2025

April 4, 2025

Round 3

April 7, 2025

May 15, 2025


Reference: https://mitsloan.mit.edu/mba/admissions

What ranking does the MIT Sloan MBA have?

Among the best business schools, Massachusetts Institute of Technology (Sloan) is ranked at No. 5 out of 124. Evaluation of schools was conducted based on various performance indicators broadly established as indicators of excellence. 

MIT Sloan by the Numbers:

  • Global Ranking: #5 (current ranking for MBA programs globally)
  • Class Composition: 817 enrolled. 
  • Class Size: The percentage of women is 45.9%. 32% Minority Enrollment, 40.4% International, 26.7% White.

Reference: https://www.usnews.com/best-graduate-schools/top-business-schools/massachusetts-institute-of-technology-01111#:~:text=Massachusetts%20Institute%20of%20Technology%20(Sloan)%202024%20Rankings,widely%20accepted%20indicators%20of%20excellence

What is the MIT Sloan Executive MBA tuition?

The MIT Sloan Executive MBA (EMBA) program fee for 2024-2025 stands at around $208,300

Tuition Term

Date Due

Amount

Deposit

Based on acceptance

$10,000*

Fall ’24

10/1/2024

$46,850

Spring ’25

1/1/2025

$46,850

Summer ’25

7/1/2025

$24,000

Fall ‘ 25

8/1/2025

$43,750

Spring ’26

1/1/2026

$46,850

Total

 

$208,300

 

Reference: https://mitsloan.mit.edu/emba/tuition-and-expenses 

Why Choose MIT Sloan School of Management?

The MIT Sloan School of Management is known to create a cutting-edge, innovative curriculum using world-class faculty. It is all about research at the cutting edge under MIT, with interdisciplinary opportunities and an innovation ecosystem. Sloan prepares for the next generation of students to face the challenges and reshape them in the global community context with a wide range of programs, action-based learning, leadership, and sustainability. The Sloan community and strong alumni also serve as a platform for developing professional growth and lifelong connections. It is a door to transformative career success.

Our support for the MIT Sloan MBA application

If you aspire to be admitted to the MIT Sloan MBA Program, our comprehensive application advisory program. With a focus on personalizing your story and demonstrating fit, our assistance aims to help you stand out. The MBA Edge is a unique platform that keeps you central, drawing out distinct aspects of your background that align with MIT Sloan. Through tailored guidance, we strive to not only secure your admission but also ensure you thrive during your MBA and have an impactful career. Leveraging decades of experience, our abroad MBA consultants provide individualized preparation to craft an authentic, compelling application. With our support, you can feel confident putting your vision into action and taking the next step toward leadership at one of the world’s premier business schools. Our comprehensive assistance will help kick start your journey to becoming part of MIT Sloan’s community.

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