About
The MIT Sloan School of Management, established in 1914, is the business school of the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts. It offers undergraduate, master's, and doctoral programs, emphasizing innovation and research in management and finance. The school has been instrumental in developing influential concepts such as the Black–Scholes model and system dynamics.
What is the Acceptance Rate at MIT Sloan?
MIT Sloan's programs are highly selective. The undergraduate acceptance rate at MIT is approximately 4.1%, while the MBA program has an acceptance rate of around 11.6%.
What is the Cost of Studying at MIT Sloan?
For the 2024-2025 academic year, the tuition fee for the MBA program is $84,350, the total annual cost is approximately ₹73.1 lakh. Other programs may have different fee structures.
Top Reasons to Study in the MIT Sloan School of Management
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World-Class Faculty: Learn from leading experts and researchers who have made significant contributions to management and finance.
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Innovative Curriculum: Engage in action learning, applying classroom concepts to real-world business challenges.
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Global Network: Join a diverse community of students and over 20,000 alumni worldwide, providing extensive networking opportunities.
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Research Opportunities: Participate in groundbreaking research through various centres and initiatives.
Career Support: Benefit from robust career services that assist in securing internships and job placements with top organizations globally.
Admissions
Avg acceptance rate (Bachelors)
4%
Application Fee
$95 - $250
How to Apply at MIT Sloan School of Management
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Undergraduate Programs: Apply through MIT's central admissions office, adhering to specified deadlines and requirements.
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MBA Program: Submit an online application including GMAT or GRE scores, letters of recommendation, a statement of objectives, and a resume. The application fee is $250.
Other Graduate Programs: Requirements vary; review specific program details for application procedures.
Documents Required to Apply to MIT Sloan School of Management
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Document |
Overview |
|---|---|
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Completed Application Form |
Submitted through the program's online portal. |
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Standardized Test Scores |
GMAT or GRE scores, as specified by the program. |
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Academic Transcripts |
Official records from all previously attended institutions. |
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Letters of Recommendation |
Usually two or three, depending on the program. |
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Statement of Objectives |
A personal essay outlining goals and motivations. |
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Resume or Curriculum Vitae |
Detailing academic and professional experiences. |
Exams Accepted By MIT Sloan School of Management
MIT Sloan accepts both GMAT and GRE scores for its programs. Applicants should check the specific requirements of their desired program to determine which test scores are accepted or preferred.
GMAT (Graduate Management Admission Test):
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MIT Sloan accepts both the GMAT Focus Edition and the 10th Edition for its MBA program applications.
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Both remote and in-person versions of the GMAT are accepted without preference.
GRE (Graduate Record Examination):
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Applicants can submit GRE scores as an alternative to the GMAT.
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Both remote and in-person versions of the GRE are accepted without preference.
Executive Assessment (EA):
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For the MIT Sloan Fellows MBA Program, the EA is accepted in addition to the GMAT and GRE.
English Language Proficiency Tests:
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The Master of Business Analytics (MBAn) program does not require TOEFL or IELTS scores. English language proficiency is assessed during interviews.
Campus Life
Transportation in the city
Cambridge offers a comprehensive public transportation system, primarily operated by the Massachusetts Bay Transportation Authority (MBTA). MIT students benefit from several transportation options:
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MIT Shuttles: The institute provides shuttle services, including the SafeRide program, which offers door-to-door rides within designated areas during late-night hours.
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Biking: The city is bike-friendly, and students can utilize services like BlueBikes, with stations conveniently located around Cambridge.
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Walking: Given the compact nature of the city, many destinations are within walking distance, making it a convenient option for students.
Services offered by the university
MIT Sloan provides a range of services to support its students:
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Student Life Office: This office offers opportunities for involvement and leadership, assists students in navigating life outside the classroom, and fosters a caring and diverse community.
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Career Development Office: Provides resources, coaching, and networking opportunities to assist students in achieving their career goals.
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Academic Advising: Offers guidance on course selection, academic planning, and research opportunities.
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Health and Wellness Services: Access to medical care, counselling, and wellness programs to support student well-being.
Student life at MIT Sloan School of Management
Student life at MIT Sloan is vibrant and multifaceted:
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Clubs and Organizations: With over 80 clubs, students can engage in a variety of interests, from professional development to cultural and recreational activities.
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Events and Conferences: The school hosts numerous events, including the MIT Sloan Sports Analytics Conference and the MIT $100K Entrepreneurship Competition, providing platforms for learning and networking.
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Community Engagement: The Student Life Office promotes a supportive and inclusive environment, encouraging students to participate in initiatives that enhance individual well-being and community respect.
On campus accomodation at MIT Sloan School of Management
MIT offers on-campus housing options for both undergraduate and graduate students:
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Undergraduate Housing: First-year undergraduates are typically required to live on campus, with various residence halls available.
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Graduate Housing: Graduate students can apply for on-campus accommodations, though availability can be competitive. Options include apartment-style living arrangements suitable for individuals or families.
Faculty
University Faculty Stats
MIT Sloan boasts a distinguished faculty comprising experts in various fields of management and business. While specific statistics such as the total number of faculty members or average age are not provided in the available sources, the school's faculty includes renowned scholars and practitioners who contribute significantly to research and industry practices. The diverse faculty brings a wealth of knowledge and practical experience to the classroom, enhancing the learning experience for students.
Career Opportunities
Internship opportunities at MIT Sloan School of Management
MIT Sloan emphasizes practical experience as a core component of its educational approach. Numerous internship opportunities are available across industries such as consulting, finance, technology, and healthcare. The Career Development Office (CDO) provides resources and support to help students secure internships.
Placement of MIT Sloan School of Management
MIT Sloan graduates enjoy excellent placement opportunities across various industries and leading firms in consulting, finance, and technology.
The top industries for the MBA Class of 2024 are Consulting at 32.1% of placements, Finance at 25.3%, Technology at 19.0%, and Healthcare/Pharma/Biotech at 6.8%. The average base salary for graduates was $168,095, with a median base salary of $170,000.
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Last updated June 10, 2026