Massachusetts Institute of Technology Fees

The MIT MBA fees for international students at MIT Sloan is USD 89,000 (INR 77 L) for the 2025-26 academic year. This includes the mandatory USD 2,200 (INR 1.9 L) MBA programme fee. 

The tuition fee also covers the costs of purchasing textbooks, however, for health insurance, students have to pay an additional cost. 

Source: MIT Sloan

Conversion rate: 1 USD = INR 86.63

The MIT USA fees for international students is USD 64,310 (INR 55.8 L) for undergraduate and USD 83,405 (INR 72.4 L) per year for graduate students. 

These are estimated annual costs and the MIT tuition fees may vary for each course. 

Moreover, UG students can also expect annual cost of living of around USD 25,030 (INR 21.7 L), the same for PG students is around USD 46,474 (INR 40.25 L). 

Source: MIT Ofiicial website

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 10^th 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.

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

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:

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. 

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 

Once the application form is filled out and submitted with all the necessary documents. Applicants are required to pay an application fee for processing their application form. The application fee for undergraduate and graduate programs at MIT is USD 75 except for the Sloan School of Management. International applicants can pay the application fee online through their Visa or Master credit cards.

The Massachusetts Institute of Technology is a private university, the tuition fee for international students will depend on the type of course and level of study. Here we provide the estimated tuition fee for some popular courses offered at the Massachusetts Institute of Technology.