MIT (Massachusetts Institute of Technology) Sloan is a dream place for MBA aspirants across the world. Located at a strategic place where Fortune 500 companies have set up local offices, the institute never compromises its academic reputation. Itโs hardly surprising that companies of the Institute’s alumni entrepreneurs have generated millions of jobs and produce annual revenues of nearly 2 trillion USD (about 6,200 USD per person in the US), surpassing the gross domestic product of the world’s 10th-largest economy.ย
With systematic preparation and an informed approach, you can overcome the challenges and get into the MIT Sloan MBA program. For that, this blog may help you. In this blog, you can explore the important aspects you need to know before applying for the MIT Sloan MBA.
Shape Your Global MBA Ambitions
MIT Sloan MBA program is 2 years long and equips you with the ever-changing business landscape. The MBA program is structured to provide you with the adaptability to customize your education according to your career objectives.ย ย
Following a one-semester core, you have three semesters to mold the curriculum to align with your specific interests. MIT Sloan provides seven certificates: Finance, Entrepreneurship and Innovation, Enterprise Management, Sustainability, Healthcare, Digital Product Management, and Business Analytics.ย
The MBA curriculum includesย :
Types of MBA Programsย | Full-timeย |
University Typeย | Privateย |
Tuition Fee for Full-time Studyย | 29,875 USD per termย |
Application Deadlineย | April |
Application Feeย | 250 USDย |
GMAT Requirementย | 700 – 760ย |
GRE Requirementย | 155 โ 168 in each sectionย |
English Proficiency Requirementsย | IELTS or TOEFLย |
GPA Requiredย | 3.6ย ย |
Work Experience Askedย | 5 years (average)ย |
Salary for Graduatesย | 165,000 USDย |
Official Websiteย | MIT Sloan MBAย |
Contactย | mbaadmissions.mitsloan@mit.edu +1.617.258.5434ย |
Addressย | 50 Memorial Drive, E52-359, Cambridge, MA 02142, the USAย |
Those who fulfill the following eligibility requirements can apply for an MBA at MIT Sloan:ย
You can make an MBA application for MIT Sloan with Nomad Credit. Our counselor will evaluate your profile and guide you through a hassle-free application process. Enjoy expert assistance at zero cost with us.ย ย
The Career Report for MIT Sloan shows that 96% of MBA graduates received an offer letter within 3 months of their graduation.
The top industries for MBA graduates are :
Top companies for MIT Sloan MBA graduates include: (according to a 2022 university report)
Industryย | Mean Salaryย |
Consultingย | 175,608 USDย |
Technologyย ย | 148,851 USDย |
Financeย | 163,386 USDย |
Energyย | 142,143 USDย |
Healthcareย | 150,750 USDย |
Retail/CPGย | 140,100 USDย |
Media/Entertainment/Sportsย | 135,000 USDย |
Other Manufacturing Industriesย | 145,000 USDย |
Other Service Industriesย | 130,500 USDย |
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The MBA curriculum at MIT Sloan is challenging and demands collaboration with your peers. It makes working while studying MBA at MIT Sloan a hard nut to crack for many students.
MIT Sloan accepts about 400 MBA students every year. This includes 350 MBA students and 50 LGO students. The first- and second-year students together make the count around 800 MBA students.
International students applying for an MBA at MIT Sloan must appear for the English proficiency test unless thereโs no waiver. The test can be IELTS or TOEFL.
Getting a stay on the MIT Sloan campus depends on various factors. Normally, about 30% of MBA students stay on campus. The MIT Campus Housing Office is a great help in finding housing options, whether close to the campus or near public transportation.
Getting guidance for your career is an important part of your MBA journey. The MBA Career Advisors at MIT Sloan are there to help you figure out your next career move. They specifically work with MBA students, tailoring educational experiences to set you up for success in the MBA job market.
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