MIT Sloan School of Management Admissions: Deadlines, Eligibility, fees, Selection Criteria and FAQS

MIT Sloan School of Management 2022-2023 Admissions: Acceptance Rate, Requirements, Deadlines, Application Process

Cambridge, MassachusettsLocation
SchoolSchool type
Estd1914established year
1300enrollment
Public

Admissions at MIT Sloan School of Management are extremely selective and competitive with an acceptance rate of only 4.1%. MIT Sloan do not have a minimum score requirement. However the average GMAT score and GPA of the admitted students at MIT Sloan is 720 and 3.6 respectively.

  • Application Deadline: The deadline for graduate programs at MIT Sloan varies. MBA and Executive MBA have 3 application rounds. The deadline for the Master of Business Analytics and MSc in management studies program is January 10 and February 15, respectively.
  • Application Fee: Application fee for programs at MIT Sloan is different from other schools at MIT. The normal application fee is USD 75. Application for MIT Sloan is USD 250.
  • Additional Requirement: Work experience is not required for admission at MIT Sloan, although the admitted students at the university have an average of five years of work experience.
  • Result Declaration: Notification timeframes from the MIT Sloan School of Management may vary. Most of the programs notify applicants between January and March.

Highlights

Institution type Private
Year of establishment 1914
Parent institution Massachusetts Institute of Technology (MIT)
Acceptance rate 4.1%
Application Online
Intake sessions Fall & Summer
Standardized test SAT/ ACT; GMAT/ GRE
Financial aid Available
English language proficiency Required

MIT Sloan School of Management Admission Deadlines

Applicants can apply only once a year. The admission deadlines for undergraduate programs are given in the table below:

Application Deadline
Early Action November 1
Regular application January 5

MIT Sloan School of Management has different deadlines for PG programs. The deadline for MIT Sloan graduate programs is given below:

Program Deadline
MBA Round 1: September 28 Round 2: January 19 Round 3: April 12
Master of Finance January 5
Master of Business Analytics January 10
MSc in Management Studies February 15
Executive MBA Round 1: January 3 Round 2: March 14 Round 3: May 30
  • All students who are applying for financial aid should submit materials by February 15
  • Early Action applicants will receive an admissions decision in mid-December.
  • Regular Action students will receive an admissions decision in mid-March.
  • Admitted students must inform MIT of their enrollment decision by May 2.

MIT Sloan School of Management International Admissions

International undergraduate students can’t attend MIT Sloan directly but they can attend coursework (Course 15) there. They choose a major here at the end of their first year while graduate students are admitted directly to MIT Sloan. The application procedure for domestic and international students is almost similar except for English proficiency. Apart from the academic and standardized test requirements, international students must also fulfill a few additional requirements-

Application

Application fee: 75 USD - 250 USD (5,780 Rs.-19,250 Rs. Approximately)

Requirements for application:

  • Academic receipts of prior education received 
  • Standardized test scores
  • English language proficiency score
  • Responses to short questions as mentioned on the website or the application page
  • Letter of recommendation 
  • Interview (for certain programs)
  • I-20 form and F-1 Visa

English Proficiency Test Score

Test Minimum Score
IELTS 7.0
TOEFL ( iBT) 90
TOEFL ( PBT ) 577

Visa Process for International Students

International students require a Visa to legally study and enter the USA as students. Applicants need to complete fill I-20 form to apply for an F-1 visa. The selected applicants will be issued the I- 20 form from the MIT Sloan School of Management. Completion of this form will help the applicants apply for their F-1 student visa. The applicants are required to submit the following documents in order to obtain the I- 20 form

  • A valid passport is required along and a valid I-20 form. 
  • Documentation to demonstrate financial support 
  • Proof of enrollment or acceptance in the institution ( such as acceptance letter or department letter)
  • Receipt of I-901 form (SEVIS fee)
  • Sloan school of management recommends that applicants apply 3 months in advance as processing can take time.

MIT Sloan School of Management Undergraduate Admissions

Sloan School of Management provides 11 degree and non-degree undergraduate programs to students for instance in finance, management studies, and business analytics. Students can choose from a range of major and minor concentrations depending on their preferred area of study. 

Application: Online Portal

Admission Fee: 75 USD (Approx.5,780 Rs)

Requirements for admission 

  • Education receipts of secondary school education. Transcripts must be translated in English if they are in any other language from a recognized translation service such as World Education Services (WES)
  • Transfer application for students previously enrolled in any other institution 
  • 2 LORs (1 from a Math or Science Teacher and 1 from Social studies or language teacher 
  • School profile from the school counselor 
  • English language proficiency for non-native English speakers 
  • SAT or ACT scores

MIT Sloan School of Management Graduate Admissions

The institution is well renowned for its Graduation programs in various disciplines such as finance, management and business administration. The application process has several requirements which can further vary depending upon the programs.

Application: Online Portal Application fee: 75 USD - 150 USD (5,780 Rs.-19,250 Rs. Approx.)Requirements for application:-

  • A Bachelor’s degree and its official transcripts. Transcripts must be translated into English if they are in another language. 
  • Letter of recommendation 
  • A valid GMAT or GRE score
  • Essay/ Statement of purpose / Short answers (depending upon program)
  • Proof of English language proficiency for non-native English applicants 
  • Interview (upon selection)
  • Resume 

Program Specific Requirements For Graduate Courses

Program GMAT/GRE Letter of recommendation Resume Work Experience Video Statement Essay/ statement of purpose/ short questions response Other requirements
Master of Finance Required 3 LORs (1 from an academic source, 1 from professional source and 1 from either) 1-page resume Not required 2 video statements required (1 with introduction and reason to study finance and 1 in response to an open-ended question 3 short-answer questions to be done ( each maximum 200 words) None
MBA Required 1 LOR; Contact information of 2 more referees is required 1 page resume with Employment and educational history Requied 1 video statement ( 1 minute ) Cover letter that conforms to a standard business correspondence An outline of internal structure of the department or company in which currently working in an organizational chart; Interview
MSc in Management Studies Required 2 LORs Required Not required Required Cover letter required Interview
Master of Business Analytics Required 3 LORs ( 2 from academic sources and 1 from supervisor) Required Not required 2 video statements required Response to essay questions -
Executive MBA Required 2 LORs required (1 should be from organization) Required Required (minimum 10 years) Not required Statement of purpose and Essay A 1 or 2 page organizational chart that outlines the internal structure of the company working in; Interview

The institution meticulously selects students based on a series of factors. International applicants must take note of all the specific documents required for application and opt for prior application to adhere to the Visa issuing process time. Once the application is submitted, it is evaluated by a senior admissions official holistically within the proper context. Additional admissions officials review strong submissions and summarize them for the Admissions Committee. These summaries and the submitted application is sent to the selection committee where a final decision is made.

FAQs

Ques. What is the admission process at MIT?

Ans. The step-by-step application process is listed as follows:

  1. Create a MyMIT account to begin your application and list all the general personal and academic information as requested.
  2. Provide additional information regarding your test scores and submit your essays and statement of interest, if required.
  3. Submit your academic transcripts and ACT/SAT score along with a nonrefundable application fee.
  4. Provide the names of at least 2 recommenders (academic) with their email ids so that a request regarding your recommendations can be made to them.
  5. Interviews are though not a mandatory part of MIT’s application process but are definitely the most recommended one. An educational counselor of the institute will contact the students regarding the same and the interview shall be scheduled in the month of November or January, depending upon the intake you apply for.
  6. Send all the supplementary documents like portfolio, etc. to the interest by checking about them on your student dashboard.

Ques. What is MIT Acceptance Rate?

Ans. It is one of the most selective, as well as competitive universities with a very low, admit rate. As per its 2022 admissions, MIT had an acceptance rate of 07.3%.

Ques. What is MIT known for?

Ans. MIT is best known for its programs in engineering and the physical sciences. The other well-known programs at MIT are economics, political science, urban studies, linguistics, and philosophy.

Ques. What GPA do you need to attend MIT?

Ans. Being a very selective university, MIT requires a GPA of 3.5. However, most of the admitted students at MIT have a minimum GPA OF 4.17, which indicates that MIT requires you to be at the top of your class.

Ques. Does MIT require TOEFL?

Ans. International students are required to demonstrate English language proficiency by providing scores of either IELTS or TOEFL. Mentioned below are the minimum scores required to be eligible for admission at the MIT:

Exam Minimum Score Required
TOEFL iBT 90
TOEFL pBT 557
IELTS 7

Ques. What are the general deadlines for international students at MIT?

Ans. The deadlines for programs at the institute vary from program-to-program basis. However, some of the common deadlines for international students are as follows:

Type of Deadline Date
Early decision November 1
Final January 1

MIT Sloan School of Management Program Fees & Deadlines

ProgramImportant DatesFees
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr
Application Deadline Round 2 (3rd Mar 2024)
Application Decision Deadline Round 1 (10th Mar 2024)
Application Decision Deadline Round 2 (5th May 2024)
USD 57,590/Yr
USD 57,590 /Yr
Interview Round 1 (15th Feb 2024)
Interview Round 2 (22nd Feb 2024)
USD 57,590/Yr
USD 57,590 /Yr
Regular Action Application Deadline For 2024 Intake (5th Jan 2024)
USD 57,590/Yr
USD 57,590 /Yr

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