Massachusetts Institute of Technology Fees
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New answer posted
4 months agoContributor-Level 10
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
New answer posted
5 months agoContributor-Level 10
Yes, it is possible to pay your fees in instalments, via the MIT's Student Financial Services (SFS). Students can pay their fees on a monthly basis, without paying an interest.
Bills are made available to students around the 10th of each month via the MITPay portal.
As for ISAs (Income Share Agreements), MIT does not offer them, & follows the traditional approach of standard aids & loan structures.
New answer posted
8 months agoContributor-Level 7
MIT University MBA fee structure includes complete tuition fees with other expenses for first-year. The table below includes the fee structure of an MBA course at MIT University
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 75,37,639 |
| Hostel & Meals | INR 16,58,890 |
| Insurance | INR 3,13,785 |
| Transportation | INR 3,09,344 |
| Personal expense | INR 8,48,605 |
| Books and Supplies | INR 1,26,455 |
| Student Life Fee | INR 35,359 |
| Application Fee | INR 21,772 |
| Total approximate fees | INR 1,08,51,849 |
New answer posted
a year ago
Contributor-Level 10
Both the schools hold a lot of prestige among international students all around the world. Harvard Business School and MIT Sloan School of Business have amazing employability, popularity, incredible career growth opportunities, but intense competition.
Here is the table showing comparison between both MBA schools:
Universities | MBA Median Base Salary | MBA First Year Tuition Fees |
|---|---|---|
INR 18 L - 72 L | USD 175,000 (INR 1.5 Cr) | |
INR 44 L - 88 L | USD 170,000 (INR 1.41 Cr) |
As it is shown in the table, Harvard University offers higher ROI, however, it has a highly competitive acceptance rate of 4%. On the other hand, the MIT acceptance rate stands at 14% for its Business and Management programs.
New answer posted
2 years ago
Contributor-Level 10
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.
New answer posted
8 years ago
Scholar-Level 17
There is no single thing but you must consider many things or factors to apply to a tough university like MIT. Very good academic grades around 75% and a high SAT score of 1400+. These are just the stats. You would also require a very strong all-rounder profile with extra-curricular activities, etc. Please check their website to understand the requirements and selectivity and the fees. Also, you did not mention if you want to study Bachelor's or Master's degree programs.
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