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Doctor of Philososphy [Ph.D] (Marketing)
STEM Course
5 years
Full Time
On Campus
$50,100/Yr
$50,100 /Yr
- Doctor of Philosophy in Marketing at Massachusetts Institute of Technology(MIT) is a 5-year program.
- The program is full-time.
- This program has two years of coursework and approximately three years of research and writing of the dissertation.
- Marketing addresses problems that organizations face in seeking to provide products and services that satisfy customers' demands.
- Relevant disciplines include
- behavioral science
- economics
- operations research
- statistics
- MIT aims for a class size of just 19 students.
- Through workshops, seminars, and applied and theoretical research with faculty, candidates gain experience that is the prerequisite for independent work.
- MIT ranks #1 in the world among the other universities by US News Rankings 2020.
- The student to faculty ratio in this program is 3:1 which increases the interaction between students and faculty.
- Classes with fewer than 20 students in this program are 70.8% which creates an environment suitable to acquire knowledge.
- The average salary of the graduates after getting placed is 77,000 USD.
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Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $50100 (USD 50100) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $27600 (USD 27600) |
| Transportation | $3933 (USD 3933) |
| Food | $7947 (USD 7947) |
| Health Insurance | $3269 (USD 3269) |
| Total Cost | $42749 (USD 42749) |
All admitted doctoral students receive a fellowship that covers the cost of tuition and health insurance, and provides a stipend.
Previous Year Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $50100 (USD 50100) |
Eligibility & Entry Requirement
Academic Eligibility:
- Students require a Bachelor's degree or equivalent.
- Students should have a strong quantitative background (the Accounting group requires calculus)
- Students need to have exposure to microeconomics and macroeconomics (the Accounting group requires microeconomics)
- Students should have at least a 3.5 GPA.
Indian Student Eligibility:
- The student has graduated from senior secondary school or equivalent (those applying for a postgraduate program must have graduated from a university or college).
- Students completed a bachelor's degree from an accredited institution with a grade point average of 3.5 or 60% in the final years of the program.
Submission of GRE scores is not compulsory for this program, however, it is recommended to submit the scores (minimum 300) for a better chance of admission.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.
Scores Required
Required Document List
- Online Application: Students have to submit an online application form at the official website.
- Application Fee: Students need to submit their application fees.
- Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Letters of Recommendation: Three letters of recommendation are required.
- Official GRE Test Scores: Students have to submit their GRE Test Scores.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
Career and Placement after Course
Career opportunities are:
- Business Professor.
- Management Consultant
- Policy Analyst
- Organizational Change Manager
- Top Executive.
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Young Women in Public Affairs Award | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Young Professionals Program | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Josephine de Karman Fellowship | Scholarship per student$ 25,000/Yr$25,000 | Level Of StudyDoctorate | TypeMerit-Based | |
| YouAreWelcomeHere Scholarships | Scholarship per studentVariable Amount | Level Of StudyApprenticeship | TypeTuition-Fee-Waiver | |
| Comindware Scholarship | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyApprenticeship | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based |
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MIT Sloan School of ManagementCambridge, Massachusetts
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