Master of Business Administration [M.B.A] (Finance)
Field of Study:
$82,000 /Yr
- The Master of Business administration is a 2-year program at MIT Sloan School of Management.
- This program is accredited by AACSB and offered on a full-time basis.
- Through intellectual discovery and hands-on learning, this full-time, two-year MBA program develops leaders who make a difference in the world.
- Students analyze personal strengths, interests, and values in order to effectively market themselves, and learn about the current job market and opportunities specifically for MBA.
- Through Career Core, MBA students analyze personal strengths, interests, and values in order to effectively market themselves, and learn about the current job market and opportunities specifically for MBAs.
Important Dates
Event | Application Date |
---|---|
Application Deadline Round 2 | |
Application Deadline Round 3 | |
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | $82000 |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Housing | $22800 |
Transportation | $3276 |
Food | $9036 |
Personal | $9024 |
Health Insurance | $3237 |
Books and supply | $880 |
Miscellaneous expenses | $2304 |
Total Cost | $50557 |
cost of one year is $78954
Eligibility & Entry Requirement
Academic Eligibility:
- The students must have a bachelor’s degree from a recognized university to apply for this program.
- The average GPA of the students in this program is 3.9.
- Students can apply with any bachelor’s degree but the majority of the students come from these fields like Computer Science, Economics, Engineering (variety), Finance, Management, Math, Operations Research, Statistics…, etc.
Work Experience:
- Work experience is not required but many of the students have an average experience of 15 months.
Language Requirments:
- The students whose official language is not English are required to write IELTS or TOEFL exams before applying.
- The TOEFL cut-off for this program is 90 out of 120.
- The IELTS cut-off will be decided by the university department.
Language Requirement Exemption:
- Students who have received instruction in English in their primary and secondary schools and students who have been in the United States for four years or longer and have received a degree from an American institution.
Exam Requirments:
- The students must compulsorily have to submit the scores of any one of the exams like GMAT or GRE.
-
MIT recommends that applicants interview with a member of the MIT Educational Council if available. Council members are MIT graduates who have volunteered to interview on behalf of the Office of Admissions.
Required Document List
- Submit official transcripts
- Submit resume
- Submit exam scores of GMAT or GRE
- Submit one letter of recommendation
- Submit English language requirements
Course Guides
1 Year Courses in USA: Fees, Deadlines & Eligibility
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
MBA in Finance in the USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MS Courses in USA: Top Universities, Admissions and Tuition Fees
MS in Finance in USA: Fees 2024, Top Colleges, Placements & Salaries
STEM Courses in USA: Universities, Admission Requirements, Placements & Advantages
Career and Placement after Course
97% of students end up with job offers and the median base salary is around $165k
Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
Hubert H. Humphrey Fellowship Program | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
QS Connect Master’s Scholarship | Scholarship per student$ 2,000/Yr$2,000 | Level Of StudyMaster | TypeMerit-Based | |
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 |
College Student Profiles
Programs Comparison
ranking | # 2 for Finance by QS World University 2024 # 5 for Finance by Times Higher Education 2023 | # 14 for Management by QS World University 2024 # 36 for Management by Times Higher Education 2023 |
application | - | #625 Applicants # 100 Admissions # 16 % Acceptance Rate |
why to opt? | Join MIT's Finance program and become a high-achiever in finance. The 18-month (or 12-month accelerated) STEM curriculum emphasizes market workings and the latest financial theories, models, and industry practices. Benefit from world-renowned faculty, hands-on learning experiences, and a top-ranked degree. The program is adaptable to your career aspirations, with opportunities in established financial institutions, corporations, consulting firms, the public sector, and fintech. | The Nanyang MBA offered by Nanyang Business School (NBS), part of Nanyang Technological University (NTU), Singapore is a flexible 12-month or 18-month programme designed to fuel your growth into a future-ready leader equipped with the skills needed to excel in a global, digital environment. It also prepares you to rethink business for a sustainable future, encapsulating the global shift towards sustainability.Besides strengthening fundamental business management skills, broaden your knowledge in areas such as business analytics, technology, e-business, and sustainability – skills and competencies that will give you the confidence to implement key organisational transformation, and create holistic and effective business strategies. |
exam scores | GMAT - 690/800IELTS - 7.0/9TOEFL - 100/120 | GMAT - 660/800IELTS - 6/9PTE - 55/90TOEFL - 90/120 |
Admission Criteria/Better to Have |
|
|
cost to study | Total Cost (Tuition + Living) -USD 78954 | Total Cost (Tuition + Living) -USD 65000 |
Return on Investment/Average Package | - | #Average SalaryUSD 132288 |
documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
application dates | Sep 27, 2023 (Application Deadline Round 1) Jan 17, 2024 (Application Deadline Round 2) Apr 8, 2024 (Application Deadline Round 3) | Sep 30, 2024 (Application Deadline For 2025 Intake) |
- | Read Full Comparison |
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