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Master of Business Administration [M.B.A]
2 years
Full Time
On Campus
Field of Study:
Ranked #5 out of 1502 by THE Global Ranking 2023
$86,550 /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.
Click below to know more about the MBA at MIT Sloan School of Management
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Important Dates
| Event | Application Date |
|---|---|
| Application Deadline Round 2 | |
| Application Deadline Round 3 | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $86550 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | $17100 |
| Food | $6777 |
| Transportation | $2457 |
| Health Insurance | $3237 |
| Books and supply | $1089 |
| Total Cost | $30660 |
Eligibility & Entry Requirement
| Acceptance Rate | 14% |
| Academic Requirement | 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 |
| Documents Required |
|
| Application Fee | USD 250 (20,720 INR) |
| Applications Deadline | January 17, 2024 (Round 2) |
| Decision time | within 2-3 months |
Scores Required
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for 2025 Intake (15th Dec 2024) | USD 48,300 /Yr |
| ||
 M.B.A, Harvard University2 years | Application deadline for 2025 Intake (1st Dec 2024) | USD 76,410 /Yr |
| |
-- | USD 98,500 /Yr |
| ||
 M.B.A, Stanford University2 years | Application Deadline For Round 1 (12th Sep 2024) Application Deadline For Round 2 (4th Jan 2025) Round 2 Decision Date (28th Mar 2025) | USD 82,455 /Yr |
|
Course Guides
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Career and Placement after Course
| Job offers received | 96.6% |
| 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 | |
|---|---|---|---|---|
| Collegedunia $150 Scholarship Program | Scholarship per student$ 150/Yr$150 | Level Of StudyBachelor | TypeMerit-Based | |
| KC Mahindra Scholarship | Scholarship per student$ 10 L/Yr$1,000,000 | Level Of StudyMaster | TypeMerit-Based | |
| ASID Foundation Legacy Scholarships | Scholarship per student$ 4,000/Yr$4,000 | Level Of StudyBachelor | TypeMerit-Based | |
| University of Alabama Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Ellis R. Ott Scholarship for Applied Statistics and Quality Management | Scholarship per student$ 7,500/Yr$7,500 | Level Of StudyDoctorate | TypeMerit-Based |
Programs Comparison
| ranking | # 1 for Management by QS World University 2024 # 2 for Management by Times Higher Education 2023 | # 4 for Management by QS World University 2024 # 5 for Management by Times Higher Education 2023 | # 3 for Management by QS World University 2024 # 3 for Management by Times Higher Education 2023 | # 7 for Management by QS World University 2024 # 14 for Management by Times Higher Education 2023 | # 11 for Management by QS World University 2024 # 11 for Management by Times Higher Education 2023 | # 9 for Management by QS World University 2024 # 13 for Management by Times Higher Education 2023 | # 17 for Management by QS World University 2024 # 26 for Management by Times Higher Education 2023 | # 8 for Management by QS World University 2024 # 9 for Management by Times Higher Education 2023 | - | # 63 for Management by QS World University 2024 # 28 for Management by Times Higher Education 2023 | # 75 for Management by QS World University 2024 # 38 for Management by Times Higher Education 2023 |
| application | #10351 Applicants # 938 Admissions # 16 % Acceptance Rate | #4208 Applicants # 484 Admissions # 11 % Acceptance Rate | #7324 Applicants # 436 Admissions # 5 % Acceptance Rate | #7158 Applicants # 916 Admissions # 12 % Acceptance Rate | #6535 Applicants # 1215 Admissions # 18 % Acceptance Rate | #4909 Applicants # 621 Admissions # 12 % Acceptance Rate | #2795 Applicants # 559 Admissions # 20 % Acceptance Rate | #2156 Applicants # 345 Admissions # 16 % Acceptance Rate | #3600 Applicants # 1080 Admissions # 30 % Acceptance Rate | #1269 Applicants # 200 Admissions # 15 % Acceptance Rate | #444 Applicants # 85 Admissions # 19 % Acceptance Rate |
| exam scores | Duolingo - 145/160GMAT - 740/800GRE - 326/340IELTS - 7.5/9TOEFL - 109/120 | GMAT - 720/800GRE - 311/340IELTS - 7/9TOEFL - 90/120 | GMAT - 730/800GRE - 328/340IELTS - 7/9PTE - 68/90TOEFL - 113/120 | Duolingo - 120/160GMAT - 728/800GRE - 324/340IELTS - 7/9TOEFL - 115/120 | GMAT - 729/800GRE - 310/340IELTS - 7.5/9TOEFL - 100/120 | Duolingo - 135/160GMAT - 640/800GRE - 301/340IELTS - 7/9PTE - 70/90TOEFL - 104/120 | GMAT - 640/800GRE - 301/340IELTS - 7/9TOEFL - 100/120 | GMAT - 720/800GRE - 330/340 | GMAT - 700/800GRE - 306/340IELTS - 7.5/9PTE - 72/90TOEFL - 105/120 | Duolingo - 120/160GMAT - 680/800GRE - 300/340IELTS - 7.5/9PTE - 60/90TOEFL - 100/120 | GMAT - 694/800GRE - 322/340IELTS - 7/9TOEFL - 95/120 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Dec 1, 2024 (Application deadline for 2025 Intake) | Jan 17, 2024 (Application Deadline Round 2) Apr 8, 2024 (Application Deadline Round 3) | - | Sep 6, 2024 (Round 1 Application Deadline For 2025 Intake) Dec 14, 2024 (Round 1 Application Decisions By) Jan 4, 2025 (Round 2 Application Deadline For 2025 Intake) Mar 26, 2025 (Round 2 Application Decisions By) Apr 2, 2025 (Round 3 Application Deadline For 2025 Intake) Apr 24, 2025 (Deferred Admissions Round Application Deadline For 2025 Intake) May 13, 2025 (Round 3 Application Decisions By) Jun 27, 2025 (Deferred Admissions Round Application Decisions By) | Sep 10, 2024 (Application Deadline For Round 1 August 2025 Entry) Jan 7, 2025 (Application Deadline For Round 2 August 2025 Entry) Apr 1, 2025 (Application Deadline For Round 3 August 2025 Entry) | Sep 21, 2024 (Application Deadline For 2025 Intake 1) Jan 4, 2025 (Application Deadline For 2025 Intake 2) Apr 4, 2025 (Application Deadline For 2025 Intake 3) | - | Dec 1, 2024 (Application Deadline for Fall 2025 Intake) | - | - | - |
| Admission Criteria/Better to Have | - | GPA of 3.62 and preferably a 730 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.8 average and preferably 733 GMAT Score.Average Work Experience required around 4.7 years. | - |
| - | - | GPA of 3.66 average and preferably 720 GMAT Score. Average Work Experience required around 5 years. | - | GPA of 3.32 average and preferably 680 GMAT Score. Average Work Experience required around 5.4 years. | GPA of 3.3 average and preferably 681 GMAT Score. Average Work Experience required around 5 years. |
| cost to study | - | Total Cost (Tuition + Living) -USD 80400 | Total Cost (Tuition + Living) -USD 76950 | Total Cost (Tuition + Living) -USD 84874 | Total Cost (Tuition + Living) -USD 80472 | Total Cost (Tuition + Living) -USD 74919 | Total Cost (Tuition + Living) -USD 78276 | Total Cost (Tuition + Living) -USD 74500 | Total Cost (Tuition + Living) -USD 65860 | Total Cost (Tuition + Living) -USD 70000 | Total Cost (Tuition + Living) -USD 40752 |
| Return on Investment/Average Package | - | #Average SalaryUSD 135000 | - | #Average SalaryUSD 150000 | #Average SalaryUSD 150000 | #Average SalaryUSD 145000 | #Average SalaryUSD 186438 | #Average SalaryUSD 150000 | #Average SalaryUSD 110100 | #Average SalaryUSD 126250 | #Average SalaryUSD 117492 |
| - | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison |
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MIT Sloan School of ManagementCambridge, Massachusetts
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Important Dates
| Program | Important Dates |
|---|---|
| M.S Electrical Engineering and Computer Science | Application Deadline For Fall Intake (15th Dec 2024) |
| M.Arch | Application Deadline For 2025 Intake (31st Dec 2024) |
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