Massachusetts Institute of Technology

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New answer posted

2 years ago

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Akanksha Malhotra

Contributor-Level 10

There are two main reasons why someone would choose the University of Oklahoma over MIT. These are OU is much cheaper than MIT when it comes to the cost of education and secondly,  OU’s faculty is quite experienced. Also, ROI of OU is much better than MIT. These points are explained below:

  • ROI: It is widely known that the cost of education at MIT is very expensive, but, at OU, students can study without having the stress of debt because of the low cost education at OU. As per an unofficial source, the ROI of an education at OU is dramatically higher than at MIT
  • Worth the Risk: At the time of taking jobs, if the students have a
...more

New answer posted

2 years ago

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Pranjal Singh

Contributor-Level 10

Given below in the table is the list of the salary received by the graduates of MBA class of 2023.

Function

the highest Salary 

Median Salary

Finance

USD 20,833

USD 9,500 

Consulting/Strategic Planning

USD 20,000

USD 13,650 

Marketing2 

USD 20,000 

USD 8,000

Product Management/Development

USD 20,000 

USD 9,666 

Business Development

USD 13,000

USD 8,834 

New answer posted

2 years ago

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Pranjal Singh

Contributor-Level 10

The top employers of MBA class of 2022 included:

Companies

No. of hires

The Boston Consulting Group

47

McKinsey & Company

21

Amazon

18

Google

12

Bain & Company

11

Goldman Sachs

8

New answer posted

2 years ago

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Pranjal Singh

Contributor-Level 10

 96.6% of MBA graduates of MIT received full-time offers within 3 months of graduation. The top industries for employment were Finance, Consulting, Technology, Healthcare / Pharma / Biotech. The median base salary was USD 165,000 and the median signing bonus was USD 30,000. Growth potential was the primary reason graduates accepted their position.

New answer posted

2 years ago

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Shiksha Ask & Answer
Pranjal Singh

Contributor-Level 10

The top functions at MIT MBA for the class of 2022 include Finance, Product Management / Development, Consulting / Strategic Planning, Operations / Project Management. The salary details by function is listed in the table given below.

Function

Median Salary

Business Analytics

USD 150,000

Business Development

USD 145,000

Consulting / Strategic Planning

USD 175,000

Finance

USD 172,000

Leadership Development Program / General Management

USD 140,000

Marketing

USD 145,000

Operations / Project Management

USD 145,000

Product Management / Development

USD 155,000

Other Function

-

New answer posted

2 years ago

0 Follower 6 Views

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Akanksha Malhotra

Contributor-Level 10

Yes, GMAT / GRE is an important criterion to get into MIT MBA. As such, there is no minimum score required for GMAT for admission to MIT. But, the median GMAT score is 730. Besides the GMAT / Score, the interested applicants must have an undergraduate degree to take admission to the MIT MBA course.

New answer posted

2 years ago

0 Follower 5 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

The average base salary for the MIT MBA class of 2022 was USD 159,391 and the median base salary was USD 165,000. 96.6% of MIT MBA students received offers within three months of graduation. Some of the top industries for the MBA class of 2022 was Technology, Consulting, Finance, and Healthcare / Pharma / Biotech.

New answer posted

2 years ago

0 Follower 8 Views

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Akanksha Malhotra

Contributor-Level 10

MIT Sloan MBA fees for 2023-24 is USD 82,000. Also, USD 2,200 per year will also be charged and this is the Sloan programme fee. This amount will be around INR 69 lakh. Besides the tuition fee, students are also required to pay for the living expenses. The living expenses will be around INR 24 lakh.

Read: 10 Most Affordable MBA Colleges in the US 

New answer posted

2 years ago

0 Follower 5 Views

Shiksha Ask & Answer
Akanksha Malhotra

Contributor-Level 10

MIT Sloan is a different kind of management school. Students can get hands-on learning and global experience. The two-year MBA programme of MIT will help in making the leaders ready to make a difference in the world. In the QS Global MBA rankings 2023, MIT ranks at #6 position, whereas, in the U.S. News & World Report 2023-24 rankings, MIT Sloan ranks at #4th position.

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