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Master of Business Administration [M.B.A]
STEM Course
2 years
Full Time
On Campus
Field of Study:
$80,400/Yr
$80,400 /Yr
- MBA at Sloan MIT offers a 2-year program, which is ranked 4th in the USA by the QS University Rankings 2023. This program boasts an impressive employability rate of 96.6% and is accredited by AACSB, ensuring that it meets student expectations.
| MBA 2024 Class Profile | |
| Class Size | 408 |
| International Students | 163 |
| Median GPA | 3.62 out of 4.0 |
| Median GMAT | 730 |
| Course Commencement Date | June 1, 2023 |
| Course Credits | 144 |
| Average Work Experience | 5 years |
| Employability rate | 96.6% |
| Notable Alumni | Raghuram Rajan (23rd Governor of the Reserve Bank of India) | Adi Godrej (Chairman, Godrej Group) | Kofi Annan (7th Secretary-General of the United Nations) |
- MIT Sloan provides a range of resources, including one-on-one career coaching, club events, and company presentations, to support students at every stage of their journey.
- Through the Career Core program, MBA students are equipped with the skills to analyze their personal strengths, interests, and values, allowing them to effectively market themselves and identify job opportunities specifically tailored for MBAs. Graduates of the program join an exceptional network of over 136,000 MIT alumni from 90 countries around the world. Additionally, more than 4,000 MIT and MIT Sloan alumni volunteers are available to offer their insights and experience. Students also have the option of a dual degree with one of seven engineering programs.
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Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $80400 (USD 80400) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $17100 (USD 17100) |
| Food | $6777 (USD 6777) |
| Transportation | $2457 (USD 2457) |
| Other Fees | $2200 (USD 2200) |
| Total Cost | $28534 (USD 28534) |
Previous Year Fees
| Year | 1st Year Fees |
|---|---|
| 2021 | $80400 (USD 80400) |
| 2022 | $80400 (USD 80400) |
Eligibility & Entry Requirement
| Acceptance Rate | 14% |
| Graduation | Applicants must hold a four-year undergraduate degree or a three-year equivalent undergraduate degree from a recognized university |
| English Language Proficiency Score | TOEFL iBT - 90 | IELTS - 7.0 |
| GRE/GMAT | no minimum test score required |
| Documents Required |
|
| Application Fee | USD 250 (20,720 INR) |
| Applications Deadline | April 11, 2023 (MBA Round 3) |
| Offer Acceptance time | 2-3 months |
Scores Required
Course Guides
Executive MBA in USA: Top Universities, Admissions, Fees, Scope
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
Masters in Management in USA: Fees 2023, Top Colleges, Placements & Salaries
MBA in Finance in USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MBA in USA Colleges, Fees, Scholarships, Salary
MBA in USA without GMAT: Top Universities, Admission Requirements, Deadlines, FAQs
Career and Placement after Course
| Job offers received | 96.60% |
| Some Recruitment Industries | Consulting | Finance | Pharma / Health / Biotech | Technology |
| Top Employers | The Boston Consulting Group | McKinsey & Company | Amazon | Google | Bain & Company | Goldman Sachs | Capital One | Deloitte Consulting | Amgen | Apple |
| Job Profile | Business Analytics | Business Development | Product Management | Marketing / Sales | Asset Management / Portfolio Management |
| Avg. Duration to get Placed | within 3 months of graduation |
| Median Base Salary | USD 1,65,000 |
| Median Signing Bonus |
USD 30,000 |
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Young Women in Public Affairs Award | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Young Professionals Program | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Prodigy Finance-GyanDhan Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyMaster | TypeMerit-Based | |
| VueVille Future Technology Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Aga khan Foundation Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based |
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MIT Sloan School of ManagementCambridge, Massachusetts
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