MIT Sloan School of Management: Ranking, Fees, Acceptance Rate
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MIT Sloan School of Management: Ranking, Fees, Acceptance Rate

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Aishwarya
Aishwarya Bhatnagar
Study Abroad Expert
Updated on Jan 4, 2024 11:12 IST

Massachusetts Institute of Technology (MIT) is known for its academic courses and has a good reputation for business courses. MIT Sloan School of Management is the Business courses offering wing of MIT. 11 academic and non-academic programs are offered by MIT Sloan School of Management with MBA, MFin, Masters in Business Analytics and EMBA being some of the popular courses.

mit sloan school of management

MIT admissions are tough and very selective yet every year MIT Sloan School of Management receives thousands of admission applications. The rankings of MIT on the whole are mostly in the top positions for offering STEM courses in USA and globally. Check out in details about MIT Sloan School of Management MBA, EMBA and other courses details in the article. 

MIT Sloan School of Management Highlights

Courses Offered

MBA, EMBA, MSF, MSBA, PhD

Total Enrollment

1,300

Admission Intakes 

Fall & Spring 

Total Faculty Members

116

Admission Requirements

GPA, GRE/GMAT, IELTS/TOEFL, SOP, LOR

Action Learning Labs

20

Alumni Number

120,000+

On Campus Residence

8

Top Reasons to Study at MIT Sloan

Nationally ranked #2 for its academics, faculty, research and international outlook, MIT is a reputed university in not just the US but globally. The reasons to study at MIT’s business school are as follows:

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  • There are 11 business-related programs offered at MIT Sloan School of Management and each of them solves a certain purpose for each applicant.
  • Students who study at MIT Sloan School of Management get the opportunity to gain hands-on experience through internship opportunities and learning through real-life experiences.
  • There are different types of MBA at MIT like Early MBA, Fellows MBA, EMBA and others which can be taken up by international students at MIT Sloan School of Management.
  • Applicants can also go for Finance and Business Analytics specializations rather than going for an MBA and EMBA at MIT Sloan.
  • The placements at MIT for its business school record 95-100% placements right after graduation. Plus, the salaries are higher for MIT MBA grads in comparison to other top-ranking B-schools in the country.

Applicants who get a degree from MIT Sloan School of Management are sure to get good opportunities after graduation. Plus doors for research can also open for such applicants to wish to study further. 

MIT Sloan School of Management Rankings

MIT ranks in the top 10 positions globally, since it is recognised for its academics and research, its business courses have also been ranked at good positions. MIT Sloan School of Management QS rankings, THE rankings, US News rankings and FT rankings for its Business courses have been tabulated below for reference: 

Agencies and Categories of Ranking

MIT Sloan School of Management Rankings 2023-24

QS - Global MBA Rankings 2024

#6

World University Rankings 2024 by Subject: Business & Economics

#1

QS World University Rankings by Subject 2023: Business & Management Studies 2023

#5

MBA 2023 Rankings: Financial Times

#11

2023-2024 Best Business Schools: US News & World Report

#4

The rankings of MIT are subject to change, hence, changes may be prominent in ranking positions sometimes or may not be prominent in some cases. Thus, applicants should check rankings if they wish to apply to top universities in USA for MBA or related courses. 

Courses at MIT Sloan School of Management

The following is a list of courses that are offered at MIT Sloan School of Management in the table below along with their details: 

Courses at MIT Sloan School of Management

Course Details 

MBA

Type: Full time

Duration: 2 years

MBA Early

Type: Full time

Duration: 2 years

Master of Finance

Type: Full time

Duration: 2 years

Master of Business Analytics

Type: Full time

Duration: 2 years

System Design & Management (SDM)

Type: Full time

Duration: 12-21 months

PhD

Type: Full time

Duration: 5-6 years

MIT Executive MBA

Type: Full time

Duration: 20 months

These are all differently offered courses at MIT Sloan School of Management. The eligibility of the above-given MIT courses varies and so do their fees. But the most popular courses are MIT Sloan School of Management MBA, MA in Finance and MA in Business Analytics.

MIT Sloan School of Management Eligibility 

In order to be eligible for admission at MIT for its School of Management, applicants will have to have a good GPA score, and a bachelor’s degree with good scores and fulfil the admission criteria which are elaborated below for reference. 

MIT Sloan School of Management MBA Admissions

For MIT Sloan School of Management MBA admissions, the applicants will have to submit and following:

  • Cover letter
  • Resume
  • 1-minute video statement
  • One LOR (mandatory), and two additional LORs are optional
  • Current job role in the organization
  • Transcripts
  • GMAT / GRE
  • One short answer admission essay
  • Application fee of USD 250

MIT Sloan School of Management EMBA Admissions

In order to qualify for EMBA admissions at MIT Sloan School of Management, applicants will have to have:

  • 10 years of work experience
  • Should be employed full-time
  • Strong leadership performance, global perspective, functional expertise and innovation
  • Aptitude to sustain in a rigorous academic program
  • Good spoken and written English
  • GMAT scores are optional

MIT Sloan School of Management Acceptance Rate

The acceptance rate at MIT Sloan School of Management is between 7-8% for its MBA class. The admissions at MIT are competitive and are very selective hence, a lower number of applications are accepted for admissions. Those who reapply in another round despite rejection in the previous round can also expect a rejection unless the criteria are fully met for admissions at MIT Sloan School of Management. 

MIT Sloan School of Management Fees

Check out MIT Sloan School of Management MBA fee, EMBA fee and other courses' fee in the table below for reference:

MIT Sloan School of Management Courses

MIT Sloan School of Management Fees

MBA Program

USD 82,000

Sloan Fellows MBA

USD 144,000

Executive MBA

USD 197,000

Leaders for Global Operations 

USD 82,000

Master of Finance

USD 120,400

Master of Science in Management Studies

USD 82,000

Master of Business Analytics

USD 87,600

The fees are subject to change thus, must check out the MIT Sloan School of Management fee before applying for admissions. 

MIT Sloan School of Management Deadlines

The deadlines vary for all the courses on offer at MIT Sloan School of Management. The following are the most recent dates to apply and stick to MIT Sloan School of Management MBA deadlines:

Rounds 

MIT Sloan School of Management MBA Deadlines

Decision Dates

Round 1

September 27, 2023

December 12, 2023

Round 2

January 17, 2024

April 4, 2024

Round 3

April 8, 2024

May 16, 2024

For those applying for admission to the EMBA course at MIT Sloan School of Management can check out the following deadlines:

Rounds 

MIT Sloan School of Management EMBA Deadlines

Decision Dates

Early Round

December 7, 2023

February 26, 2024

Round I

January 11, 2024

March 18, 2024

Round II

February 8, 2024

April 15, 2024

Round III

March 7, 2024

May 13, 2024

Round IV

April 4, 2024

June 10, 2024

Final Deadline

May 2, 2024

July 8, 2024

The deadlines are subject to change, thus, applicants must check the application deadlines for whichever course they are applying to beforehand. 

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Aishwarya Bhatnagar
Study Abroad Expert

Aishwarya is a professional Writer currently working as a Study Abroad Expert in the Editorial Team at Shiksha. She has over 5 years of experience and is skilled at creating Online Content with leveraged knowledge i... Read Full Bio

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MS & MBA programs in USA

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