Massachusetts Institute of Technology

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:

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.

There were many Indian graduates that studied at MIT and make a significant contribution to the field of technology. India's involvement with MIT goes back more than hundred-year-old to 1882. Keshar Bhat was the first Indian student enrolled in MIT. Some of India's leading business families sent their heirs to MIT to prepare them for successfully running the family business. Mentoned below are some famous Indians that graduated from MIT:

• L. Kirloskar 
• Anant Pandya 
• N. Dastur 
• Thomas Kailath
• Adi and Nadir Godrej
• Aditya Birla
• Suhas Patil

For the class of 2027,  Massachusetts Institute of Technology acceptance rate is 4.8%, it is very difficult to secure admission here. Students applying to MIT need to submit the following documents.

• Official school transcripts
• SAT or ACT scores
• English language proficiency proof
• A statement of purpose
• the latest Resume
• Essays and personal statements
• A letter of recommendation

As per MIT,  96.6% of MBA graduates of the MBA Class of 2022 received offers within three months of graduation. the average base salary increased by 7.6% to USD 159,391 and the median base salary increased to USD 165,000. Apart from this, the median signing bonus was USD 30,000. Top industries where MBA graduates were placed.

MIT also reported that 25% of graduates received stock and equity compensation with an average value of USD 121,527.

Check more details about MIT Placements from here. 

GMAT score is the important factor of the MIT MBA application process and plays an important role in the holistic evaluation process. International students must provide their valid GMAT score for MIT Solan MBA admissions. The median GMAT for MBA class 2025 is 730 with a GMAT range between 700 - 760. 

MIT admission are highly competitive for international students because of its high acceptance rate and admission requirements. The MIT Sloan acceptance rate is around 14%, which means out of 100 applications only 14 are accepted. The median GPA required for MBA admission at the university is 3.61 out of 4.0 and the median GMAT score is 730. Massachusetts Institute of Technology admissions requirements for MBA programme are: 

• Cover Letter
• Resume
• Video Statement
• One Letter of Recommendation
• Transcripts
• Standardized Test Scores
• Relevant Coursework & Professional Certifications
• Application Fee

MIT ranked #1 as per QS World University Rankingsin 2024. MIT has also maintained its education and research standards to remain at the top. All the major ranking publishers have ranked MIT among the top 5 universities globally. This indicates that MIT has maintained its education standards over the years. This also makes it very selective and candidates need to have a strong academic background for securing admission here. Check details about MIT Rankings from here.

MIT and Harvard are top universities in world. They are famous quality education and excellent research opportunities. MIT admissions is known as technology powerhouse of US as it focuses on STEM - science math engineering and technology courses. Harvard is known for offering wide array of sciences and liberal arts programs. It is difficult to get into both MIT and Harvard as acceptance rate of both colleges is quite low.

There is a big difference when it comes to research and research budgets of MIT and IIT. Whether you are going for a PhD program or for any scientific research, MIT offers one of the best environments in the world for conducting research. The STEM courses offered by MIT have been ranked amongst the best in the world and has been consistently placed under the top five or ten by top-ranking publishers.