About The School
MIT Sloan has a very different feel from its neighbor across the Charles River – the campus is more urban and industrial, with an informal mish-mash of architectural styles and a few green spaces. The Sloan School, unlike Harvard, does not have its own library, but rather shares it with the university. So there are more opportunities to mix with students from the rest of MIT.
Several well-known financial and managerial theories were developed through MIT Sloan. There is a strong analytical and data-driven focus here, especially in the core classes, and this is combined with an emphasis on innovation. Students only take one semester of core classes so there is a lot of flexibility to focus on electives. The smaller size of the student body means that the collaborative and energetic culture of innovation counts for a lot.
MIT Sloan is a place where ideas matter.
Strengths And Specializations
The MBA program is known for its emphasis on innovation, technology, and entrepreneurship. The school is also very strong in production/operations and information systems.
Number of Applicants: 5,560
MBA Class Size: 409
Sector: Consulting 31.6%; Technology 29.4%, Finance 16.4%; Starting Own Business 9.7%; Automotive/aerospace 5.6%
Top Recruiters: Amazon, BCG, McKinsey, Bain, Google, Deloitte, Fidelity Investments, Goldman Sachs
Avg Base Salary: $128,301
Salary Increase: 107%
Employment in 3 months: 97%
Avg. Age: 28yrs
Avg. GPA: 3.48
Avg. GMAT: 728
Int’l Students: 38%
Female Students: 42%
Deadlines for Sept 2018: R1: Oct 1 2019, R2: Jan 21, 2020, R3: Apr 09, 2020
Sources: MIT Sloan, BusinessWeek, Financial Times, US News, MBA50
MIT Sloan’s application requirements buck the M7 standard by sidestepping traditional written essays and soliciting a cover letter and video statement:
1. Please submit a cover letter seeking a place in the MIT Sloan MBA Program. Your letter should conform to a standard business correspondence, include one or more examples that illustrate why you meet the desired criteria above, and be addressed to the Assistant Deans of Admissions, Rod Garcia and Dawna Levenson (300 words or fewer, excluding address and salutation).
2. VIDEO STATEMENT: Please take a minute to introduce yourself to your future classmates via video. Include a bit on your past experience and why MIT Sloan is the best place for you to pursue your MBA. Videos should be a single take (no editing) lasting no more than one minute and consisting of you speaking directly to the camera. We recommend using an application such as QuickTime or iMovie to record yourself.
For tips and inspiration, check out this recent article in P&Q, How to Ace the MIT Video Statement, by Fortuna’s Brittany Maschal.
ORGANIZATIONAL STRUCTURE: Last year, MIT Sloan became the first top tier b-school to request “an organizational chart which outlines the internal structure of your department and company.” Limit to two pages. Note: You may choose to create your own document or redact individuals’ names. However, please provide as much information as possible.
Learn more about this new app element in our recent blog: How to Navigate the New MIT Sloan Org Chart Requirement.
Request a copy of our team’s Insider Tips Report for applying to MIT Sloan.