Massachusetts Institute of Technology

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New answer posted

a year ago

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Shiksha Ask & Answer
sneha

Contributor-Level 10

Caltech and MIT both rank among world's top universities, with slight variations in rankings depending on criteria. Caltech excels in Science and engineeirng and has a high number of nobel winners who focu on theorectical reasearch. MIT is similarly renowened institution for it's strength in science, pratical application and enreprenurship. However the choice between Caltech and MIT depends on individual preferences, but in terms of ranking and reputation MIT takes a step higher then Caltech. But, ultimatley both the institutions focus on hand on innovation in reasearch and surely both the universities are great for students. 

New answer posted

a year ago

0 Follower 6 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

MIT living cost for the 2023-24 academic year for UG students is as follows:

Particulars

Expenses

Housing

USD 12,380 (Around INR 10 lakh)

Food

USD 7,010 (Around INR 6 lakh)

Books, course materials, supplies & equipment

USD 880 (Around INR 73k)

Personal expenses

USD 2,304 (Around INR 2 lakh)

For graduate students, the cost of living will be as follows (for 12 months):

Housing

USD 23,820

Food

USD 9,460 (Around INR 8 lakh)

Books, course materials, supplies & equipment

USD 1,400 (Around INR 1 lakh)

Personal expenses

USD 9,420 (Around INR 8 lakh)

Transportation

USD 3,428 (Around INR 3 lakh)

 

New answer posted

a year ago

0 Follower 8 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

For BTech, MIT fees for Indian students will be between INR 44 Lacs – INR 50 lakh. The fees will vary from course to course. Besides the tuition fees, students have to pay the amount for living expenses too. These expenses will include components like books and supplies, hostel & meals, personal expenses, other expenses, etc. The living cost for BTech courses at MIT will be around INR 17 - 18 lakh.

 

New answer posted

a year ago

0 Follower 6 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

Some of the popular majors that U.S. News & World Report has mentioned include Chemical Engineering, Computer Science, Mechanical Engineering, Mathematics, Electrical and Electronics Engineering, etc. The popular MIT majors for 2022 graduates were:

  • Computer Science: 28%
  • Mechanical Engineering: 10%
  • Mathematics: 9%
  • Electrical and Electronics Engineering: 5%

New answer posted

a year ago

0 Follower 62 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

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 i
...more

New answer posted

a year ago

0 Follower 31 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

According to the review of few students, MIT is better than IIT when it comes to placements. Some of the reasons as to why MIT is better than IIT are:

  • Infrastructure: 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
  • Teaching Practices: In the institute like MIT, more focus is laid on research than classroom teaching, whereas, at IITs, classroom teaching takes more time than research
  • Supportive professors: At MIT, students and professors come together to solve a problem. One can talk to a professor about a
...more

New answer posted

a year ago

0 Follower 13 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

MIT admission requirements for Masters in Business Analytics are given below. An ideal completed MIT application for MBAn will have the following:

  • A resume
  • Essay question
  • Video question 1 & 2
  • Three letters of recommendation
  • Academic transcripts
  • An undergraduate degree
  • Relevant coursework and professional qualifications (as required)
  • GMAT / GRE score
  • TOEFL / IELTS scores (optional)
  • USD 155 as an MIT application fee

What after the submission of MIT MBAn application? All the applicants admitted to the MBAn programme shall be required for interview. But, note that the interviews are conducted as per invitation only.

  • The interview is both technical and
...more

New answer posted

a year ago

0 Follower 10 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

According to the MIT Masters of Business Analytics employment report for the Class of 2022, here are some of the highlights:

  • There was a high demand of MIT MBAn graduates in 2022. Out of the 55 candidates who were seeking employment opportunities, 100% accepted employment offer within 6 months of graduation
  • 98.2% of graduates accepted roles in Data Science functions
  • The average base salary was USD 132,413
  • The top industries for the Class of 2022 were Technology, Consulting, Finance, etc.
  • The employers were Amazon, Johnson & Johnson, Pfizer, Nike, Microsoft, etc.

Know details about MIT Placements from here

New answer posted

a year ago

0 Follower 147 Views

S
Shiksha Jain

Contributor-Level 7

Both Harvard University and the Massachusetts Institute of Technology (MIT) are mong the top 100 universoties in the world. They offers the best MBA programme in the world for internationa students. We have compared them below in terms of thier MBA placement and tuition fees:

UniversitiesMBA Median Base SalaryMBA First Year Tuition Fees
Harvard UniversityINR 18 L - 72 LUSD 175,000 (INR 1.5 Cr)
Massachusetts Institute of TechnologyINR 44 L - 88 LUSD 170,000  (INR 1.41 Cr)

As per the above information, Harvard is the better choice to study MBA in the USA. Harvard offer the MBA programme at low cost as compared to MIT MBA fees and the median base salary is also high.

New answer posted

a year ago

0 Follower 3 Views

A
Aayush Kumar

Contributor-Level 7

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:

Industry

Median Base Salary 2022

Median Base Salary 2023

Auto / Aerospace

USD 160,000 (INR 1.33 Cr)

USD 146,500 (INR 1.22 Cr)

Consulting

USD 175,000 (INR 1.45 Cr)

USD 190,000 (INR 1.58 Cr)

Energy

USD 150,000 (INR 1.25 Cr)

USD 160,000 (INR 1.33 Cr)

Finance

USD 170,000 (INR 1.41 Cr)

USD 175,000 (INR 1.45 Cr)

Healthcare / Pharma / Biotech

USD 145,000 (INR 1.20 Cr)

USD 147,500 (INR 1.22 Cr)

Media / Entertainment / Sports

USD 137,500 (INR 1.14 Cr)

USD 140,000 (INR 1.16 Cr)

Retail / CPG

USD 141,000 (INR 1.17 Cr)

USD 146,250 (INR 1.21 Cr)

Technology

USD 150,000 (INR 1.25 Cr)

USD 157,100 (INR 1.30 Cr)

Other Manufacturing Industries

USD 140,000 (INR 1.16 Cr)

USD 157,500 (INR 1.31 Cr)

Other Service Industries

USD 125,000 (INR 1.04 Cr)

USD 147,500 (INR 1.22 Cr)

Other

USD 132,000 (INR 1.10 Cr)

USD 125,000 (INR 1.04 Cr)

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