Master of Business Administration
3.7 /5
- Private Institute
MIT Sloan School of Management
Talk to ExpertMaster of Business Administration at MIT USA Overview
The Massachusetts Institute of Technology offers a really good MBA program at the PG level, which lasts for 2 years. To get admission to the program, students must meet the requirements for the course which include having a valid score on tests like GRE, GMAT and TOEFL. The Massachusetts Institute of Technology tuition fee for the first year of the MBA is USD 86,550. Also, the students should budget well for living expenses, which has:
- Accommodation (rent or hostel)
- Food
- Books
- Other important utilities
Duration | 2 years |
Tuition & Fees | ₹76.97 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Business Administration at MIT USA Fees
The fee breakup of the Massachusetts Institute of Technology MBA includes the first-year tuition fee and cost of living. The cost of living will include expenses like rent for accommodation, meals, and other utilities. The total average Massachusetts Institute of Technology cost of living can be around USD 19,048. The first-year tuition fees MBA is USD 86,550. Students must note that the total expenses are subject to vary, depending on the additional charges set by the Massachusetts Institute of Technology. Students can check the table given below to know more about Massachusetts Institute of Technology MBA fee breakup.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 76,96,556 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 17,48,661 |
| Insurance | INR 3,19,478 |
Calculated at the exchange rate of 1 USD = INR 88.67 | Tuition & expenses were last updated on 23ʳᵈ September 2025Download exam sample paper
Master of Business Administration at MIT USA Entry Requirements
- No specific cutoff mentioned
- No specific cutoff mentioned
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- Applicants must hold a four-year undergraduate degree or three-year equivalent undergraduate degree
- MIT welcome applicants from all over the globe, and from all areas of study, including the humanities, the social and physical sciences, business, and engineering. Above all, we seek thoughtful leaders with exceptional intellectual abilities, determined to make their mark in the world—people who value dignity and respect
- University seek candidates who are strong in both verbal and quantitative abilities.
- MIT applicants from many types of academic backgrounds and do not have any academic prerequisites. In the application, we ask you to tell us which courses (if any) in the following subject areas you have taken. We’ll also ask what grade you received in each course.
- Calculus
- Communications
- Linear Algebra
- Microeconomics
- Organizational Behavior
- Probability
- Statistics
Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
- No specific cutoff mentioned
- No specific cutoff mentioned
- No specific cutoff mentioned
- This is not required to apply to the MBA program
- No specific cutoff mentioned
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- students have an average of five years of work experience when they join the MBA program. Having work experience helps you leverage the extensive opportunities at MIT Sloan. Students who already have a framework of experience and who understand workplace issues, generally get more out of the program and can often contribute more to classroom discussions and team projects
- The institute will consider your internship experience, but it does not count as full-time employment
- Interviews are by invitation only. They are a required step in the process. An invitation to interview signals that your application has reached an advanced stage of consideration, but it does not guarantee admission
Master of Business Administration at MIT USA Frequently Asked Questions
For admissions to the MIT MBA program, students can apply through the MBA Application Portal, which is available on the university's website. Applications for the MBA in Massachusetts Institute of Technology are accepted through three rounds throughout the year. Given below are the Massachusetts Institute of Technology application deadlines for MBA:
Round | Application Deadlines |
|---|---|
Round I | Closed |
Round II | Mid-Jan, 2025 |
Round III | Early-Apr, 2025 |
According to various unofficial sources, the acceptance rate is 14.6% for MIT Sloan. Looking at the acceptance rate, it can be said that to get into MIT MBA, the applicants must have a strong and excellent academic record. To take admission to MIT MBA, students must meet all the eligibility and application requirements.
An MBA at MIT is a postgraduate degree popular for a comprehensive understanding of subjects like Business and Management. The programme is ideal for aspiring global leaders, entrepreneurs, and innovators, people who are seeking career advancement in Consulting and Finance career changers. The university delivers various specializations for the course. Some popular specializations for MBA at MIT are given below:
- Business Analytics
- Finance
- Integrated Design and Management
- Management Studies
- Operational Research
- Global Operations
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.
International students willing to study MBA at the Massachusetts Institute of Technology must deal with a broad range of subjects relevant to Business decisions, accounting and finance. They can expect the fields such as Data Models and Decisions, Communication for Leaders, Organizational Process, and more. The year-wise curriculum is discussed below:
Year | Syllabus |
|---|---|
Year 1 | Core:
Elective:
|
Year 2 | Certificate Options:
Thesis, Dual and Joint Programs |
Master of Business Administration at MIT USA Application Process
- MBA applicants may only submit one professional letter of recommendation
- A detailed recommendation can tell us a lot about you. Make sure you select an individual qualified to speak about your results as a professional and your potential as a leader.
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Some important details:
- MBA applicants must submit one letter of recommendation.
- A recommendation from a professional contact is preferred, ideally a manager or supervisor.
- We do not accept recommendations from family members.
- Your letter of recommendation must be received by the deadline date for the round you are applying (see above for our deadlines.) It is your responsibility to remind your recommender to make sure it is submitted on time.
- Submit a one-page resume. Try to focus on your work results, not just your title or job description
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Provide the following information in reverse chronological order:
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Education: Please include relevant awards, scholarships and professional societies
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Work Experience: Please include company name, title, results-oriented bullets that demonstrate your skill set, and dates
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Additional information: Please include extracurricular activities/community service, technical skills/certifications, and special skills/interests, and languages spoken (if applicable)
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Here are some pointers on formatting:
- One page limit
- Times New Roman font
- Size 10 font
- Word or PDF formats only
- Scan and upload transcripts from all colleges and universities attended
- If you received an undergraduate degree as part of a Master's program, please include an undergraduate entry in addition to your Master's degree
- If your transcripts are not in English, please scan and upload both the original and the certified translation
- Cover Letter: Your letter should conform to a standard business correspondence, include one or more professional examples that illustrate why you meet the desired criteria above, and be addressed to the Admissions Committee (300 words or fewer, excluding address and salutation)
- Submit GMAT/GRE scores
- Submit Video Question 1:
- Introduce yourself to your future classmates. Here’s your chance to put a face with a name, let your personality shine through, be conversational, be yourself
- Submit Video Question 2:
-
The following are examples of questions that may be asked in the Video Question 2:
- What achievement are you most proud of and why?
- Tell us about a time a classmate or colleague wasn’t contributing to a group project. What did you do?
- Single take (no editing)
- Speaking directly to the camera
- Do not include background music or subtitles
-
- Submit an organizational chart (Max limit: Two pages)
- Relevant coursework & Professional Certifications which have been taken for professional development courses in your spare time
- The Admissions Committee is excited to learn more about you and your background. In 250 words, please respond to the following short answer question:
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- How has the world you come from shaped who you are today? For example, your family, culture, community, all help to shape aspects of your life experiences and perspective. Please us
- Most of the graduate students make one tuition payment before each term (August 1 for fall and January 1 for spring)
- Students also can choose the MIT monthly payment plan, which allows them to pay tuition in 10 installments over the course of the year
Master of Business Administration at MIT USA Rankings
| Rank | Rank Publisher |
|---|---|
| #3 | |
| #1 | |
| #6 |
Master of Business Administration at MIT USA Placements
| Particulars | Statistics (2025) |
|---|---|
| Median Salary | USD 1.70 Lakh |
| % Batch placed | 99.8 |
| Internship Available | Yes, Students in the MBA program have the opportunity to spend the summer between their first and second years working in an internship that contributes to their understanding of and effectiveness in deali Students in the MBA program have the opportunity to spend the summer between their first and second years working in an internship that contributes to their understanding of and effectiveness in dealing with management problems, by registering in an optional elective internship course under faculty guidance |
Master of Business Administration at MIT USA Students also asked
Massachusetts Institute of Technology acceptance rate stands at 5% according to unofficial source. This shows that institution is highly selective and the applications are reviewed with utmost care. International students are required to meet MIT admission criteria which includes very good academic background, excellent extracurriculars top notch scores in standardized entrance test scores along with relevant work experience for some programs.
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
Massachusetts Institute of Technology offers over 100 undergraduate and more than 50 graduate courses, including various popular majors such as Engineering, Physics, Mathematics, Management, Science, and more. International students can check the MIT popular majors along with the graduation rates from the table below:
Popular Majors | Graduation rates |
|---|---|
Computer Science | 27% |
Mechanical Engineering | 10% |
Mathematics | 10% |
Electrical and Electronics Engineering | 6% |
Physics | 6% |
International undergraduate applicants can apply for admission in two rounds. They can either take admission in the Early intake or the Regular intake. The Early application starts in November, and regular applications start in January of each year. MIT releases decisions in mid-December for Early Action and in mid-March for Regular Action. On the other hand, the application deadline for graduate admission varies based on the school/college and department chosen. The MIT application deadlines for UG and PG admission are given below:
Undergraduate Deadline:
Round | Deadline | Decision release |
|---|---|---|
Early Action | Nov-starting | Mid-Dec |
Regular Action | Jan-starting | Mid-March |
Graduate Deadline:
School/Department | Deadline |
|---|---|
School of Engineering | Dec-starting |
Computer Science & Artificial Intelligence Lab | Mid-Dec |
Department of Physics | Mid-Dec |
Sloan School of Management | Sep-end |
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 anything and everything. This quality allows students to communicate, take advice, and counter professors
Also Check: List of Top IIT is India
Massachusetts Institute of TechnologyStudents Ratings & Reviews
1 Verified Review- 0% students never faced discrimination in this university
Master of Business Administration at MIT USA Highlights
- The two-year program of study requires candidates to complete a core curriculum plus 144 units of graduate elective subjects
- The program of study focuses on management science, preparing students to analyze and solve organizational and performance issues in a management context
- The MBA curriculum is designed for maximum flexibility, allowing students to create an individual program best suited to their needs and career interests
- Students are given a great deal of independence in choosing their subjects, and they may design a program that includes a depth of focus as well as breadth
Master of Business Administration at MIT USA Scholarships
Class Profile
| Average class profile for this course | |
|---|---|
| Work Experience | 5 years |
| Bachelors GPA / Percentage | 3.59 |
| Percentage of International Students | 40% |
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