Master of Finance 

at MIT USA, Cambridge

Massachusetts Institute of Technology acceptance rate stands at 5% according to unofficial source. This shows that institution is highly selective and the applications are reviewed with utmost care. International students are required to meet MIT admission criteria which includes very good academic background, excellent extracurriculars top notch scores in standardized entrance test scores along with relevant work experience for some programs. 

MIT admission is highly competitive because of its low acceptance rate. Indian students applying to MIT need to submit the following documents.

• Official school transcripts
• SAT or ACT scores
• English language proficiency proof
• A statement of purpose
• the latest Resume
• Essays and personal statements
• A letter of recommendation

Yes, MIT is the #1 university in the world, per the latest Quacquarelli Symonds (QS) World Rankings 2026.

The institute has retained its throne, which it also held over the last 3 years, beating the likes of Imperial College London (#2) & Stanford University (#3) to the top spot.

The strongest disciplines at MIT are those having scope of high salaries and high income opportunities. The most liked and popular programs chosen by Indians are Computer Science, Electrical Engineering, Mechanical Engineering, MBA, and Data Economics. Students can check the table below for popular majors, their career scope, and estimated salary:

According few reviews MIT is better than IIT when it comes to placements because:

• MIT’s infrastructure such as the research equipment etc. is the state of the art. A huge amount of funding from various organizations for cutting edge research is received by MIT
• In the institute like MIT, more focus is laid on research than classroom teaching, whereas, at IITs, classroom teaching takes more time than research

MIT USA fees for international students is USD 64310 - INR 55.8 L for UG and USD 83405 - INR 72.4 L per year for PG students. These are estimated yearly costs and MIT tuition fees may vary for each course. UG students can also expect annual cost of living of USD 25030 - INR 21.7 L and same for PG students is USD 46474 - INR 40.25 L. Source - MIT Ofiicial website

Students who have completed their 12 can enter MIT only if their academic record is excellent over the year. The MIT acceptance rate is 5%, as per an unofficial source. This shows they are extremely competitive during admission. After completing the 12th with excellent grades, students can apply for UG courses. They must fulfill the basic eligibility and requirements.

Yes, Indians with tight finances may find it expensive to enroll in undergraduate or graduate programs at the Massachusetts Institute of Technology. The annual tuition fees for UG are between INR 50 L and INR 52 L for undergraduate and INR 35 L and INR 1 Cr for graduates. This shows the university is highly expensive. Also, students must be ready for additional costs required for accommodation, transportation, food, insurance, personal expenses, and more. The tuition fee table for popular courses is attached below:

As it is widely known, MIT is one of the most competitive institutes in the world to get into. Hence, in order to strengthen their applications, students must follow the tips listed below:

• Score 1550 or higher in SAT or 34 or higher in the ACT;
• In case a student is a national Olympiad winner then they can get into MIT, since the admissions committee prioritizes students with brilliant sports achievements;
• In case a student is a national or state winner, they have a chance of getting into MIT;
• Candidates must show a major interest in the course that they are aiming to pursue
• Maintain a good relation with the teachers as they can be helpful in providing the letters of recommendations (LOR);
• Do a lot of social work and volunteering;
• Try to write a good essay;
• Extracurriculars should be filled with positive aspects showing good nature and character.

Some of the other factors that will be considered at the time of admissions are: what makes the applicant different, what change they will bring in their life once admitted in the institute, what profit MIT will have in admitting them, and more.

To improve the chances of a seat at MIT, students are required to display their academic and technical knowledge, any prior research experience, and motivation behind choosing MIT for further studies, among other things. 

The institute prioritises students with prior internship or research experience.

Letters of Recommendation from school teachers, college professors, and past employers also help improve the overall quality of the application, and thus the overall chances of admission. 

Going through the applications of past MIT students can also help students get an idea of the things that are present or are currently missing from their application, and they should work on.