Business school profiles

Explore our insights on what each MBA program
has to offer, along with the latest facts and stats.

 

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.

Incoming Class

Number of Applicants: 5,560

MBA Class Size: 409

Tuition: $148,400

Post-MBA Careers

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%

MBA Rankings 2012 2013 2014 2015 2016 2017 2018
BusinessWeek 9 14 4 7 3 4
Financial Times 5 8 8 8 9 13 6
Forbes 12 9 8
The Economist 7 12 12 15 17 19 14
 US News  4  4  5  5  5 4 5

Admissions

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

Essays 2019-2020

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.

What’s New
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.

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