The Sloan School of Management at Massachusetts Institute of Technology
EDU
March 2, 2019
Business School Admissions
Application (Fall 2013)
| Application deadline (U.S. residents) |
N/A |
| Application deadline (international students) |
N/A |
| Application fee |
$250 |
Admissions & Enrollment (Full-time)
| Acceptance rate |
13.3% – Low |
| Average age of new entrants |
28 |
| Average undergraduate GPA |
3.51 – High |
| Undergraduate GPA range (10th-90th percentile) |
3.1-3.86 |
| Entrants providing undergraduate GPA |
258 |
| Average GMAT score |
710 – High |
| GMAT range (10th-90th percentile) |
660-750 |
| Students with prior work experience |
387 |
| Average work experience (months) |
58 |
Admissions & Enrollment (Part-time)
| Applicants (part-time) |
N/A |
| Acceptance rate |
N/A |
| Average age of new entrants |
N/A |
| Average undergraduate GPA |
N/A |
| Undergraduate GPA range (10th-90th percentile) |
N/A |
| Entrants providing undergraduate GPA |
N/A |
| Average GMAT score |
N/A |
| GMAT range (10th-90th percentile) |
N/A |
| Students with prior work experience |
N/A |
| Average work experience (months) |
N/A |
Undergraduate Majors
| TOEFL required for international students |
No |
| Minimum TOEFL score required |
N/A |
Factors and Procedures Used in Admissions
(Data appear as originally submitted by this school)
| Full-time program |
| We look for students whose personal characteristics suggest that they will make the most of the opportunities at MIT, both in academic & non-academic areas. We also seek those whose presence will enhance the experience of other students. We value characteristics such as motivation, involvement, interpersonal skills, communication skills, leadership, analytical skills, & tolerance of uncertainty. |
| Executive program |
N/A |
| Part-time program |
N/A |
| Part-time distance learning program |
N/A |
Admissions Contacts
| Director of admissions |
Rod Garcia |
| Full-time program phone |
(617) 258-5434 |
| Full-time program E-mail |
mbaadmissions@mit.edu |
| Full-time program website |
http://mitsloan.mit.edu/mba |
| Executive program phone |
(617) 253-7166 |
| Executive program E-mail |
fellows@sloan.mit.edu |
| Executive program website |
http://mitsloan.mit.edu/fellows/ |
| Part-time program phone |
N/A |
| Part-time program E-mail |
N/A |
| Part-time program website |
N/A |
| Part-time distance learning program phone |
N/A |
| Part-time distance learning program E-mail |
N/A |
| Part-time distance learning program website |
N/A |
Business School Academics
Program Offerings
| (16) Departments/concentrations |
| accounting |
manufacturing and technology management |
| economics |
marketing |
| entrepreneurship |
management information systems |
| finance |
production/operations management |
| health care administration |
organizational behavior |
| human resources management |
supply chain management/logistics |
| international business |
quantitative analysis/statistics and operations research |
| leadership |
technology |
|
| Departments with highest M.B.A. demand |
entrepreneurship, finance, manufacturing and technology management, marketing, production/operations management |
| Types of M.B.A. programs offered |
full-time traditional two year, other executive MBA |
| Joint programs available |
engineering |
Curricula Descriptions
(Data appear as originally submitted by this school)
| Full-time program |
| We start with a distinctive model of management education. Through rigorous coursework with world-class faculty, provocative experiential learning, exposure to real-time faculty research, and hands-on teamwork and leadership experiences, students leave MIT Sloan ready to lead, eager to forge innovative answers to important problems in the real world. |
| Executive program |
| The Sloan Fellows Program in Innovation and Global Leadership prepares outstanding executives with the critical skills to create and lead successful, innovative organizations in the 21st century. The EMBA is a rigorous 20-month, executive schedule MBA for high-potential executives committed to integrating their work and education. See http://mitsloan.mit.edu/executivemba/ for more information. |
| Part-time program |
N/A |
| Part-time distance learning program |
N/A |
Business School Ranking
|
|
|
(9) Ranking by Specialties
#14 in Accounting
#4 in Entrepreneurship
#5 in Finance
#1 in Information Systems
#20 in International
#12 in Management
#18 in Marketing
#1 in Production / Operations
#1 in Supply Chain / Logistics
|
Business Ranking Scores
These data apply only to full-time students.
| Score |
93 |
| Peer assessment score (out of 5) |
4.7 |
| Recruiter assessment score (out of 5) |
4.4 |
| Acceptance rate |
13.3% – Low |
| Average starting salary and bonus |
$132,618 – High |
| Average undergraduate GPA |
3.51 – High |
| Average GMAT score |
710 – High |
| Full-time graduates employed at graduation |
80.8% – High |
| Full-time graduates employed three months after graduation |
93.5% – High |
| Enrollment (full-time) |
804 |
Business School Student Body
Student Body (Overall)
Student Body (Full-time)
| Enrollment (full-time) |
804 |
| Minority students |
30.0% |
| International students |
36.7% |
Student Body (Part-time)
| Enrollment (part-time) |
N/A |
| Minority students |
N/A |
| International students |
N/A |
| Gender distribution (part-time) |
N/A |
Business School Cost
Financial Aid Contact Information
| Financial aid director |
Leslie Bridson |
| Financial aid phone |
(617) 253-4971 |
Expenses
| Tuition |
| Full-time: $52,628 per year |
| Required fees |
$272 per year |
| Room and board, books, and miscellaneous expenses |
$29,732 |
| Average indebtedness of 2011 graduating class |
$86,688 |
Financial Aid Availability
| College-funded aid (fellowships, assistantships, grants, or scholarships) available |
Yes |
| Fellowships |
260 |
| Teaching assistantships |
204 |
| Research assistantships |
23 |
| International students eligible for college-funded aid |
Yes |
Business School Career and Salary Statistics
Massachusetts Institute of Technology has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.
Class of 2011
| Full-time graduates |
390 |
| Full-time graduates known to be seeking employment |
291 |
| Full-time graduates employed at graduation |
80.8% – High |
| Full-time graduates employed three months after graduation |
93.5% – High |
Base Salary: Overall
| Total reporting base salary |
233 |
| Low base salary |
$26,250 |
| Average base salary |
$115,335 |
| High base salary |
$215,000 |
Base Salary: U.S. Citizens
| Low base salary: U.S. citizens |
N/A |
| Average base salary: U.S. citizens |
N/A |
| High base salary: U.S citizen |
N/A |
Base Salary: Foreign Nationals
| Low base salary: Foreign nationals |
N/A |
| Average base salary: Foreign nationals |
N/A |
| High base salary: Foreign nationals |
N/A |
Signing Bonus: Overall
| Total reporting signing bonus |
173 |
| Low signing bonus |
$4,000 |
| Average signing bonus |
$23,277 |
| High signing bonus |
$60,000 |
Signing Bonus: U.S. Citizens
| Low signing bonus: U.S. citizens |
N/A |
| Average signing bonus: U.S. citizens |
N/A |
| High signing bonus: U.S. citizens |
N/A |
Signing Bonus: Foreign Nationals
| Low signing bonus: Foreign nationals |
N/A |
| Average signing bonus: Foreign nationals |
N/A |
| High signing bonus: Foreign nationals |
N/A |
Other Compensation: Overall
| Total reporting other compensation |
77 |
| Low other compensation |
$2,500 |
| Average other compensation |
$26,650 |
| High other compensation |
$250,000 |
Other Compensation: U.S. Citizens
| Low other compensation: U.S. citizens |
N/A |
| Average other compensation: U.S. citizens |
N/A |
| High other compensation: U.S. citizens |
N/A |
Other Compensation: Foreign Nationals
| Low other compensation: Foreign nationals |
N/A |
| Average other compensation: Foreign nationals |
N/A |
| High other compensation: Foreign nationals |
N/A |
Base Salary by Occupation
Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.
| Number reporting marketing/sales jobs |
49 |
| Marketing/sales low salary |
$75,000 |
| Marketing/sales average salary |
$107,456 |
| Marketing/sales high salary |
$145,000 |
| Number reporting operations/production jobs |
24 |
| Operations/production low salary |
$104,000 |
| Operations/production average salary |
$118,770 |
| Operations/production high salary |
$150,000 |
| Number reporting general management jobs |
21 |
| General management low salary |
$65,000 |
| General management average salary |
$117,225 |
| General management high salary |
$215,000 |
| Number reporting finance/accounting jobs |
50 |
| Finance/accounting low salary |
$26,250 |
| Finance/accounting average salary |
$103,847 |
| Finance/accounting high salary |
$150,000 |
| Number reporting management information systems (MIS) jobs |
N/A |
| Management information systems (MIS) low salary |
N/A |
| Management information systems (MIS) average salary |
N/A |
| Management information systems (MIS) high salary |
N/A |
| Number reporting consulting jobs |
106 |
| Consulting low salary |
$80,000 |
| Consulting average salary |
$123,876 |
| Consulting high salary |
$157,000 |
| Number reporting human resources jobs |
2 |
| Human resources low salary |
N/A |
| Human resources average salary |
N/A |
| Human resources high salary |
N/A |
| Number reporting having jobs in other areas |
20 |
| Other occupations low salary |
$81,204 |
| Other occupations average salary |
$111,179 |
| Other occupations high salary |
$135,000 |
Base Salary by Industry
Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.
| Number reporting government jobs |
1 |
| Number reporting manufacturing jobs |
20 |
| Manufacturing low salary |
$90,000 |
| Manufacturing average salary |
$115,021 |
| Manufacturing high salary |
$160,000 |
| Number reporting non-profit jobs |
6 |
| Non-profit low salary |
$65,000 |
| Non-profit average salary |
$109,710 |
| Non-profit high salary |
$150,000 |
Base Salary by Geographic Region
Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.
| Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) |
124 |
| Northeast low salary |
$65,000 |
| Northeast average salary |
$114,668 |
| Northeast high salary |
$150,000 |
| Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) |
11 |
| Middle Atlantic low salary |
$81,204 |
| Middle Atlantic average salary |
$112,920 |
| Middle Atlantic high salary |
$135,000 |
| Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) |
13 |
| South low salary |
$100,000 |
| South average salary |
$120,727 |
| South high salary |
$160,000 |
| Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) |
16 |
| Midwest low salary |
$103,000 |
| Midwest average salary |
$119,313 |
| Midwest high salary |
$135,000 |
| Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) |
15 |
| Southwest low salary |
$95,000 |
| Southwest average salary |
$120,933 |
| Southwest high salary |
$135,000 |
| Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) |
40 |
| West low salary |
$93,000 |
| West average salary |
$113,894 |
| West high salary |
$150,000 |
| Number reporting jobs located internationally |
51 |
| International low salary |
$26,250 |
| International average salary |
$113,921 |
| International high salary |
$215,000 |
