Massachusetts Institute of Technology Placement

The highest mean package secured by MIT graduates stood at USD 240,000 (INR 2.07 Cr) per year for MBA graduates of the Class of 2024, at the university's business school: MIT Sloan. 

Students in Private Equity were the recepients of job offers worth the amount mentioned above.

FinTech students were the next best, securing a package with a mean annual salary worth USD 200,568 (INR 1.73 Cr).

Source: MIT Sloan

Conversion rate: 1 USD = INR 86.66  

Massachusetts Institute of Technology average salary for MSBA graduates is around INR 1.12 Cr with an average signing bonus of INR 11.87 L per year. Around 95.3% of graduates accept an employment offer within six months of graduation in 2023. The top industries for the Class of 2023 were Technology 39.3%, Finance 29.5%, and Healthcare or Pharma or Biotech 9.8%, with an 8.4% increase in Technology, and a 7.7% increase in Finance.

Read more about the MIT University Placements

Over 290 companies from all over the world offer placements oppurtunities to MIT MBA graduates as per the Massachusetts Institute of Technology MBA Placements 2023. The top employers for the MIT MBA class of 2023 are McKinsey & Company; Bain & Company; The Boston Consulting Group; Amazon; Verizon; Deloitte Consulting; etc. Mentioned below are the top employers at MIT with number of hires in 2022 and 2023:

The highest salary that an MIT MBA graduates get is around USD 290,000 or INR 2.42 Cr. Top employers such as Amazon, Dell, Deloitte, Meta, Apple, Microsoft, etc. hire MBA graduates and offer them better salary packages. Mentioned below are the MIT USA the highest package in rupees:

As per the placement report, the Massachusetts Institute of Technology the highest package is USD 190,000 (median base salary) for Consulting. The below table includes the industry-wise placement statistics:

Massachusetts Institute of Technology highest package for 2023 MBA graduates is USD 190,000  (INR 1.58 Cr), which was USD 270,000  (INR 2.24 Cr) in 2022. The table below includes the information of the Massachusetts Institute of Technology placement package:

The Massachusetts Institute of Technology placements for 2023 is good as compared to last year. In 2023, the median base salary drawn by MBA graduates is USD 170,000  (INR 1.41 Cr),  which was USD 165,000  (INR 1.36 Cr) in 2022. Students can check the below table to know more about the MIT MBA placements 2023:

Given below in the table is the list of the salary received by the graduates of MBA class of 2023.

 96.6% of MBA graduates of MIT received full-time offers within 3 months of graduation. The top industries for employment were Finance, Consulting, Technology, Healthcare / Pharma / Biotech. The median base salary was USD 165,000 and the median signing bonus was USD 30,000. Growth potential was the primary reason graduates accepted their position.

The top functions at MIT MBA for the class of 2022 include Finance, Product Management / Development, Consulting / Strategic Planning, Operations / Project Management. The salary details by function is listed in the table given below.