Massachusetts Institute of Technology

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.

Mentioned below are the details of the fees (investment) and salary (return) of an MBA at Massachusetts Institute of Technology:

For 2024-25 MBA graduates,  MIT USA the highest package was recorded to be USD 273,420 (INR 2.37 Cr).

Conversion Rate: 1 USD = INR 86.78

Yes, Silicon Valley based tech giant, Apple, is one of the top companies known to hire MIT graduates.

Apart from Apple, the likes of Amazon, Google, Samsung, Deloitte, JP Morgan Chase & Co, Microsoft & Morgan Stanley are some other top companies known to hire graduates from the institute.

While applying to the MIT USA, all international students are required to pay the application fee. Students must note that the MIT application fee is the same for UG & PG programs, except for the MBA program:

Conversion Rate: 1 USD = INR 86.79

International UG students must follow the below admission process to get into MIT:

Create a (MyMIT) account
Fill the online application
Upload documents such as transcripts, test scores
Submit a personal statement, and essay on the topic
Pay theapplicaton fee
Submit the application

Given below are the steps to apply for MIT scholarships for international students:

CSS Profile: CSS Profile is a tool provided by the MIT College Board and is used to determine if the candidate qualifies for a need-based MIT Scholarship. Documents required for the same include:

• Candidate's parents' income tax returns or wage statements
• Any other records of money earned
• Current bank account balances
• Records of investment
• Records of untaxed income

The other method is to demonstrate financial need by submitting the Income or Parental Tax return document to the IDOC platform managed by the College board.

Low-income first year students at MIT are provided a first year grant worth USD 2,000 (INR 1.75 L).

This sum is granted to help with the costs associated with the extra expenses such as sheets, towels & warm coats for the bedroom. The sum is split equally between the Fall & Spring semesters & is only available to first-year students. 

Yes, MIT maintains a vast catalogue of online courses, across popular streams including: Biology, Brain & Cognitive Sciences, Chemical Engineering, Economics, Management, Mathematics, Physics & Political Science among others.

To know more, students can refer the MITx Online Catalog.

International students interested in fianncial aids at MIT follow very much the same process as domestic applicants. MIT is known for offering 100% scholarships that too on a need-basis, to eligible students.

There are two methods to apply to a MIT scholarship:

• Via CSS Profile:  The College board provides a tool that gauges whether a student is eligible for a MIT scholarship or not
• Income or Parental Tax return document: A English translated version of your parent's tax return is to be submitted through the IDOC platform managed by the College Board.