Massachusetts Institute of Technology
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New answer posted
a year ago
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
New answer posted
a year ago
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
New answer posted
a year ago
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 agoContributor-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:
| Universities | MBA Median Base Salary | MBA First Year Tuition Fees |
|---|---|---|
| Harvard University | INR 18 L - 72 L | USD 175,000 (INR 1.5 Cr) |
| Massachusetts Institute of Technology | INR 44 L - 88 L | USD 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 agoContributor-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) |
New answer posted
a year agoContributor-Level 7
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:
Full-Time Salary Summary | Package in 2022 | Package in 2023 |
|---|---|---|
MIT highest Salary | USD 270,000 (INR 2.24 Cr) | USD 190,000 (INR 1.58 Cr) |
New answer posted
a year agoContributor-Level 7
Yes, the Massachusetts Institute of Technology is better than IITs in India. Here we have compared the MIT and IIT Bombay, and according to the placement data, the Median base salary drawn by MBA graduate in 2023 is USD 170,000 (INR 1.41 Cr) while the average package at IIT Bombay is INR 21.50 LPA. The highest packages were:
- IIT Bombay: INR 1.68 Cr
- Massachusetts Institute of Technology (MIT): INR 1.57 Cr
New answer posted
a year agoContributor-Level 7
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:
Head | Class of 2022 MBA Report | Class of 2023 MBA Report |
|---|---|---|
Mean base salary | USD 159,391 (INR 1.32 Cr) | USD 168,095 (INR 1.39 Cr) |
Median base salary | USD 165,000 (INR 1.36 Cr) | USD 170,000 (INR 1.41 Cr) |
Median signing bonus | USD 30,000 (INR 25 L) | USD 30,000 (INR 25 L) |
Top Industries | Finance, Consulting, Technology, Healthcare / Pharma / Biotech, etc. | Consulting, Technology, Finance, Healthcare / Pharma / Biotech, etc. |
Top 5 Companies | The Boston Consulting Group, McKinsey & Company, Amazon, Google and Bain & Company | McKinsey & Company, Bain & Company, The Boston Consulting Group, Amazon, and Verizon |
MIT MBA job outcomes | Download the report for 2022 | Download the report for 2023 |
New answer posted
a year ago
Contributor-Level 9
Globally, Massachusetts Institute of Technology ranks 1st in the world while Boston College ranking is 601-650 in the world by QS World University ranking 2024. But, according to students reviews, BC has way more ACTIVE alumni IN BOSTON than MIT and in New England in general. Boston College offers solid biochemistry and chemistry programs and it was also good in computer vision at one point. These are the few points that makes a Boston College perfect choice than MIT in Boston.
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