Massachusetts Institute of Technology

Massachusetts Institute of Technology is among the most popular universities around the world. It offers world-class education to students at an affordable cost. MIT fees vary between INR 36 L and INR 1 Cr for first year for PG program, and around INR 55L for UG program. The table below includes the Massachusetts Institute of Technology fees for international students:

It is not so easy to pick any of them. Both Oxford University and MIT are world-class institutions. Almost every student wants to study in any of them, but they excel in different subjects. 

• The Oxford University in UK, is renowned for humanities, social sciences, and research tradition, offering a broad education.
• On the other hand, the Massachusetts Institute of Technology (MIT) in USA is globally famous for STEM, engineering, and technology innovation.

In short, the better institute for you totally depends on your interest of study and career goals, rather than overall prestige.

The highest mean package secured by MIT graduates stood at USD 240,000 (INR 2.07 Cr) per year for MBA graduates of the Class of 2024, at the university's business school: MIT Sloan. 

Students in Private Equity were the recepients of job offers worth the amount mentioned above.

FinTech students were the next best, securing a package with a mean annual salary worth USD 200,568 (INR 1.73 Cr).

Source: MIT Sloan

Conversion rate: 1 USD = INR 86.66  

The MIT MBA fees for Indian students at MIT Sloan is USD 91,892 (INR 87.69 L) for the 2026-27 academic year. This includes the mandatory USD 2,200 (INR 2.09 L) MBA program fee. 

Tuition fee also covers the costs of purchasing textbooks, however, for health insurance, students have to pay an additional cost. 

Source: MIT Sloan

MIT USA fees for international students is USD 64310 - INR 55.8 L for UG and USD 83405 - INR 72.4 L per year for PG students. These are estimated yearly costs and MIT tuition fees may vary for each course. UG students can also expect annual cost of living of USD 25030 - INR 21.7 L and same for PG students is USD 46474 - INR 40.25 L. Source - MIT Ofiicial website

MIT is arguably the best university in the world, but with an acceptance rate of 4.5%, students must demonstrate excellence in all aspects of their education, not just school and college level academics, but good grades in standardized test scores such as SAT or ACT, language tests and more.

Also an active participation in academic and non-academic events like hackathons, community meet ups, events that highlight your leadership skills and ability to work in large groups can greatly improve your MIT application and give you the best possible chance of admission. 

The Massachusetts Institute of Technology acceptance rate for international students is 1.9%. The university received more 6,700 applications from international applicants of which 129 students were accepted. 
This show MIT admissions are tough for international applicants.

Massachusetts Institute of Technology saw enrollment of 11,866 students for the academic year of 2024-25. Of these, nearly 3,500 students are from 59 countries. The student demographics for MIT are given below-