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MBA Courses at Massachusetts Institute of Technology

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Dark Clock Icon Last updated on 15 Sep '23, by Akanksha Malhotra (Study Abroad Expert)

MIT MBA/PGDM
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2 years
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72.78 L
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44.41 L
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36 Months
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34.89 L
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68.13 L

MIT MBA Admissions 2024 FAQs

Q:   Is MIT good for an MBA?

A: 

MIT Sloan is a different kind of management school. Students can get hands-on learning and global experience. The two-year MBA programme of MIT will help in making the leaders ready to make a difference in the world. In the QS Global MBA rankings 2023, MIT ranks at #6 position, whereas, in the U.S. News & World Report 2023-24 rankings, MIT Sloan ranks at #4th position.

 

Q:   How can I get admission to MIT for an MBA?

A: 

Given below is MIT MBA eligibility criteria:

  • 4-year undergraduate degree or 3-year equivalent undergraduate degree from outside the US, by the time of matriculation
  • MIT welcomes applicants from all over the globe, and from all study areas, including the Business, Humanities, the Social Sciences and Physical Sciences, and Engineering
  • GMAT / GRE score
  • Work experience

Read: MBA in USA wthout Work Experience 

 

Q:   How much does an MBA cost in MIT?

A: 

MIT Sloan MBA fees for 2023-24 is USD 82,000. Also, USD 2,200 per year will also be charged and this is the Sloan programme fee. This amount will be around INR 69 lakh. Besides the tuition fee, students are also required to pay for the living expenses. The living expenses will be around INR 24 lakh.

Read: 10 Most Affordable MBA Colleges in the US 

 

Q:   What is the salary package for MIT MBA?

A: 

The average base salary for the MIT MBA class of 2022 was USD 159,391 and the median base salary was USD 165,000. 96.6% of MIT MBA students received offers within three months of graduation. Some of the top industries for the MBA class of 2022 was Technology, Consulting, Finance, and Healthcare / Pharma / Biotech.

 

Q:   What is the acceptance rate for an MIT MBA?

A: 

According to various unofficial sources, the acceptance rate is 14.6% for MIT Sloan. Looking at the acceptance rate, it can be said that to get into MIT MBA, the applicants must have a strong and excellent academic record. To take admission to MIT MBA, students must meet all the eligibility and application requirements.

 

Q:   Is GMAT required for MIT MBA?

A: 

Yes, GMAT / GRE is an important criterion to get into MIT MBA. As such, there is no minimum score required for GMAT for admission to MIT. But, the median GMAT score is 730. Besides the GMAT / Score, the interested applicants must have an undergraduate degree to take admission to the MIT MBA course.

 
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MIT

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 4 days ago

Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. MIT is one of the ideal option for students looking to study in the United States if they are willing to pursue undergraduate or graduate degrees outside of IITs and NITs. It has

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Subhrajeet Harichandan

Contributor-Level 10

Answered 4 days ago

MIT is one of the most selective schools in the world. With an acceptance rate of 4.8%, it is very difficult to secure admission here. So, one needs to have an excellent profile to get into MIT.

Indian students applying to MIT need to submit the following documents.

• Official school transcripts

• SAT

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Subhrajeet Harichandan

Contributor-Level 10

Answered 2 weeks ago

Massachusetts Institute of Technology offers a range of courses for their international students on the undergraduate and graduate levels. Annual tuition fee required to pursue a degree course at MIT is above 40-50L on an average, which can be considered extremely expensive as a study abroad option.

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Anushree Sinha

Contributor-Level 10

Answered 2 weeks ago

We can't say that STUD as prestigious as much as MIT, as MIT is an IVY league and is know for various courses abd academic rigour. HoweverSUTD is affiliated with MIT and totally focuses on the development of students, MIT faculty played a significant role in developing a blueprint for the curriculum

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sneha

Contributor-Level 10

Answered 2 weeks ago

Caltech and MIT both rank among world's top universities, with slight variations in rankings depending on criteria. Caltech excels in Science and engineeirng and has a high number of nobel winners who focu on theorectical reasearch. MIT is similarly renowened institution for it's strength in science

...more

53480137
sneha

Contributor-Level 10

About the author

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Akanksha Malhotra

Study Abroad Expert

Akanksha Malhotra is a Content Writer / Editor at Shiksha.com's Study Abroad vertical, creating content for University pages. She is a seasoned education writer with 5+ years of experience, including writing articles for all-India and state levels, r...Read Full Bio

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