Table of Contents
- Understanding MBA at MIT Sloan
- Highlights
- Who can apply for the MIT Sloan MBA program?
- How to apply for MIT Sloan MBA?
- Top Career Opportunities
- Frequently Asked Questions
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. It’s 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.
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.
Understanding MBA at MIT Sloan
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.
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.
The MBA curriculum includes :
- Economic Analysis for Business Decisions
- Data, Models, and Decisions
- Communication for Leaders
- Organizational Processes
- Financial Accounting
| Types of MBA Programs | Full-time |
| University Type | Private |
| Tuition Fee for Full-time Study | 29,875 USD per term |
| Application Deadline | 08 April 2024 |
| Application Fee | 250 USD |
| GMAT Requirement | 700 – 760 |
| GRE Requirement | 155 – 168 in each section |
| English Proficiency Requirements | IELTS or TOEFL |
| GPA Required | 3.6 |
| Work Experience Asked | 5 years (average) |
| Salary for Graduates | 165,000 USD |
| Official Website | MIT Sloan MBA |
| Contact | mbaadmissions.mitsloan@mit.edu +1.617.258.5434 |
| Address | 50 Memorial Drive, E52-359, Cambridge, MA 02142, the USA |
MIT (Massachusetts Institute of Technology) Sloan MBA: Highlights
- Ranked 04th in Best Business Schools, according to US News
- The program provides exclusive tracks such as Finance Track, Entrepreneurship and Innovation Track, and Enterprise Management Track
- 120,000 alumni across 90+ countries and 30,200 active alumni-founded companies
- MBA students have the option to pursue certificates in Sustainability, Health Care, or Analytics, which are open to all graduate students
- MIT Sloan boasts a strong tradition of global involvement, extending across six continents
- The campus is nestled amidst innovative companies, a lively cultural scene, and recreational opportunities, alongside MIT’s pioneering research labs, mirroring the inventive spirit of our students and faculty
- The campus experience is dynamic, featuring a diverse array of opportunities and activities. Over 60 student clubs and leadership organizations actively organize events, host conferences, and embrace new members
- The program is accredited by AACSB
Who can apply for the MIT Sloan MBA program?
Those who fulfill the following eligibility requirements can apply for an MBA at MIT Sloan:
- A bachelor’s in a relevant field
- Excellent academic scores
- Work experience and extracurricular involvements
Application requirements
- Duly filled online application
- A cover letters
- One-page resume
- A video statements
- One letter of recommendation
- Transcripts
- GMAT or GRE scores
- Additional references
- Applicable academic coursework and professional certifications
How to apply for MIT Sloan MBA?
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.
Why choose Nomad?
- Nomad’s experts assess your profile to provide tailored guidance.
- We review your profile to ensure eligibility.
- Submit your documents through Nomad’s portal.
- Our counselors monitor and update you on the status of your application approval.
- Get assistance in exploring education loan alternatives to address your financial requirements.
Top career opportunities for MIT Sloan MBA graduates
The Career Report 2022 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 :
- Finance (29.2%)
- Technology (26.5%)
- Consulting (22.2%)
- Energy (2.0)
- Healthcare/Pharma/Biotech (5.2%)
Top companies for MIT Sloan MBA graduates include: (according to a 2022 university report)
- The Boston Consulting Group
- McKinsey & Company
- Amazon
- Bain & Company
- Goldman Sachs
- Capital One
- Deloitte Consulting
- Amgen
- Apple
| Industry | Mean Salary |
| Consulting | 175,608 USD |
| Technology | 148,851 USD |
| Finance | 163,386 USD |
| Energy | 142,143 USD |
| Healthcare | 150,750 USD |
| Retail/CPG | 140,100 USD |
| Media/Entertainment/Sports | 135,000 USD |
| Other Manufacturing Industries | 145,000 USD |
| Other Service Industries | 130,500 USD |
Secure your spot for the MIT Sloan MBA and access a great career in business. Why wait? Jump into your study abroad goals at the earliest with Nomad Credit. Unlock your path with us now.
Frequently Asked Questions
Can I work part-time while studying MBA at MIT Sloan?
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.
How many students study at MIT Sloan for an MBA?
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.
Does the MIT Sloan MBA program ask for IELTS or TOEFL?
International students applying for an MBA at MIT Sloan must appear for the English proficiency test unless there’s no waiver. The test can be IELTS or TOEFL.
Can I get a stay at the MIT Sloan campus?
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.
What career support do I get from the MIT Sloan MBA office?
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.
