Massachusetts Institute of Technology
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New answer posted
a year ago
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
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
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
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
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
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
- Supportive professors: At MIT, students and professors come together to solve a problem. One can talk to a professor about a
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) |
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