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Master of Business Administration 

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#1 in MBA/PGDM in USA

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  • Institute IconMIT Sloan School of Management
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Master of Business Administration
 at 
MIT USA 
Overview

Duration

2 years
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Tuition & Fees

79.58 Lakh
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Course Level

PG Degree

Master of Business Administration
 at 
MIT USA 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 79,57,824
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
Hostel & MealsINR 18,08,021
InsuranceINR 3,30,323
Info IconCalculated at the exchange rate of 1 USD = INR 91.68 | Tuition & expenses were last updated on 11ᵗʰ March 2026

Master of Business Administration
 at 
MIT USA 
Curriculum

Latest curriculum for Master of Business Administration at MIT USA can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MBA/PGDM at MIT USA

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Master of Business Administration
 at 
MIT USA 
Entry Requirements

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Master of Business Administration
 at 
MIT USA 
 
Frequently Asked Questions

Q:   When can I apply for MIT MBA program?
A: 

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

Q:   How can I get into MIT for an MBA?
A: 

Securing admission to MIT Sloan School of Management for MBA is extremely competitive, but not impossible. Mentioned below in detail are the entry requirements:

Degree Requirements: Applicants must hold a four-year undergraduate degree or three-year equivalent undergraduate degree

Cover Letter (at most 300 words): Students must submit a cover letter, including one or more professional examples and illustrate why and how they meet the desired criteria to study MBA at MIT.

Resume: Applicants must submit a one-page resume, following the format: one-page limit, Times New Roman font in size, word or PDF formats only.

Students must cover their education, work experience and any other relevant information, starting from the most recent to the oldest (reverse chronological order).

Video Questions: Video questions are an interesting aspect that students must ace to have an impactful impression. It helps the applicants shine through and stand out among the others.

Letter of recommendation: MBA aspirants must submit one LOR from a professional contact is preferred, ideally a manager or supervisor.

Note: Applicants may two additional professional references to put forward their strengths.

Organizational Charts: Applicants must submit an organizational chart, to help the AdCom understand their current role and the impact that they have on their team and department. An organizational chart must not exceed two pages and make sure that it clearly states the internal structure of the organization, where the candidates sit in their organization, and their line of reporting.

Note: Candidates may circle their role in red so that their position is easily identifiable.

Academic Transcripts: Applicants scan and upload their transcript (s) from all colleges and universities they have attended or are currently attending.

Note: If a candidate's transcripts are not in English, they must scan and upload both the original and the certified English translation.

Test Scores: GMAT (Focus Edition and 10th Edition) and GRE are a crucial component of the application process and play an important role in the university's holistic evaluation process. Applicants must submit the official scores and they must be valid by the application deadline.

Relevant Coursework & Professional Certifications: MIT welcomes applicants from many types of academic backgrounds and do not have any academic prerequisites. If a candidate has earned any special certifications such as CFA, CPA, ACCA or took professional development courses, they must mention it.

Short Answer Question: In 250 words, applicants must respond to the following short answer question:

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 use this opportunity to share more about your background.

Interview: Based on the application, an interview is an invitation for the advanced stage of academic consideration. However, it does not guarantee admission. Candidates who have been invited to the interview will be asked to respond to two additional questions prior to the interview.

Q:   Is GMAT required for MBA admission at MIT Sloan?
A: 

All candidates who are going to apply for Full-time MBA at MIT Sloan School of Management are required to take GMAT or GRE in order to be eligible to apply. B-School requires score of 730.

Other requirements to be able to apply to MIT Sloan School of Management MBA:

·         Post-college work experience

·         Leadership skills and experience

·         Undergraduate GPA of 3.6 on scale of 4.0

·         Honours or awards

Q:   What is the salary package for MIT MBA?
A: 

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.

Q:   What is the salary of MIT MBA student?
A: 

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)

Master of Business Administration
 at 
MIT USA 
Application Process

Step one
Prepare documents for application
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LOR
  • 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.
  • 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.
CV
  • Submit a one-page resume. Try to focus on your work results, not just your title or job description
  • Provide the following information in reverse chronological order:

    • Education: Please include relevant awards, scholarships and professional societies

    • Work Experience: Please include company name, title, results-oriented bullets that demonstrate your skill set, and dates

    • Additional information: Please include extracurricular activities/community service, technical skills/certifications, and special skills/interests, and languages spoken (if applicable)

  • Here are some pointers on formatting: 

    • One page limit
    • Times New Roman font
    • Size 10 font
    • Word or PDF formats only

Master of Business Administration
 at 
MIT USA 
Rankings

Master of Business Administration
 at 
MIT USA 
Placements

ParticularsStatistics (2025)
Median SalaryUSD 1.70 Lakh
% Batch placed99.8
Internship AvailableYes,

Master of Business Administration
 at 
MIT USA 
 
Students also asked

Q:   What are the criteria to get into MIT?
A: 

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. 

Q:   How can I get into MIT from India?
A: 

MIT admission is highly competitive because of its low acceptance rate. Indian students applying to MIT need to submit the following documents.

Q:   How much does it cost to study at MIT?
A: 

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

Q:   Is Caltech harder to get into than MIT?
A: 

Yes, the Caltech acceptance rate stands at 3%. while the Massachusetts Institute of Technology acceptance rate is 4.52% giving students a marginally better chance of admission.

International students can apply to the university of their choice.

Q:   Is MIT costly for Indians?
A: 

MIT is not costly for Indian students. Applicants can study BTech program at affordable tuition fees as compared to other BTech colleges in the USA. The MIT BTech fees is around INR 50 L to INR 52 L.

Massachusetts Institute of Technology
Students Ratings & Reviews

3.7/5
Verified Icon1 Verified ReviewInfo Icon
Student Views (Based on Reviews)
  • 0% students never faced discrimination in this university
Vibe of Campus
Friendly
Fun loving
Sporty
Internships4
Part time work1
Post study jobs4
Quality of faculty4
Student Life5
Value for money5
Public transportation4
Safety4
Indian Food4
Permanent Immigration2
A
AnonymousVerified Icon
Master of Science in Transportation/Master of Science in Technology and Policy - Batch of 2024
3.7
Funded Masters at MIT with lots of events and activities.
Tips: Students should know that many MIT Masters programs, including TPP, are fully funded through RAships. You can apply to multiple MIT programs in the same application cycle, and you can also apply for a dual master's degree with other departments after you are admitted to an MIT program. The allowance is almost $45,000 per year, in addition to tuition and health coverage. This amount is sufficient to live in Boston and save some money.
Likes (Student Life): There are lots of fun activities to do in Boston. You can also learn how to sail for free. There are many clubs on campus that you can join for free. Boston is very bikeable so you can bike anywhere within the city. It's very pretty in the fall. People also regularly rent cars to hike in New Hampshire.
Dislikes (Part time work): You will be on a RAship so there is no need for part time for most MIT grad programs except Sloan ones. Taking on additional part-time activities might be restricted by your F1 visa. You won't need additional sources of income over RAship money and you won't have the time for it.
Total Monthly ExpenseUSD 2725
Prepping time for classes16 hours/Week
Expected Annual SalaryUSD 116075
Reviewed on 13 Sep 2024Read more
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A
Anonymous
Calculus 1B: Integration - Batch of 2025
5
Good quality of education.
Tips: One thing you should remember before coming here is that it’s not a learning machine, so just chill and try different activities. Participate in various activities and keep calm. You can also apply for scholarships here because it’s quite easy to avail it and you’ll save a lot of money.
Likes (Quality of faculty): The campus life is fun. Obviously, you’re at a top institute but you learn with intellectual people. It’s hectic and fruitful at the same time. There are a lot of events that are organised here. You not only study here but also learn different activities. I’m a part of the dance club and it’s quite fun.
Dislikes (Safety): The teaching faculty is quite diverse and knowledgeable. They have detailed knowledge about every aspect of the subject. You not only skim but also learn here. They adopt advanced teaching methodology so you can learn in an easier way. In terms of nationality too, they come from different backgrounds and races, so they interact together so there’s no discrimination here.
Total Monthly ExpenseUSD 8150
Prepping time for classes30 hours/Week
Expected Annual SalaryUSD 124550
Reviewed on 27 Oct 2025Read more
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A
Anonymous
MS in Electrical Engineering and Computer Science - Batch of 2025
4.6
Great university and country.
Tips: The transition to a new place was initially a mix of excitement and challenge. Academically, I had to adapt to a more independent and practical learning environment compared to the more theoretical style I was used to.
Likes (Student Life): My college life is filled with wonderful memories, and my teachers encourage me to study harder. My university has a vibrant campus culture that makes it easy to be part of social events on and off campus. We have so many student clubs and societies, and we participate in numerous events. I love that our campus hosts major events, including cultural festivals and academic career events.
Dislikes (Indian Food): The food is very tasty and hygienic. They have a good selection of popular Indian dishes. The famous restaurants are budget-friendly eateries. I like eating inside and outside and they're not very expensive here.
Total Monthly ExpenseUSD 5900
Prepping time for classes35 hours/Week
Expected Annual SalaryUSD 94250
Reviewed on 16 Jun 2025Read more
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A
Anonymous
Master of Science in Transportation/Master in City Planning - Batch of 2020
3.7
It has been an exceptional experience studying at Massachusetts Institute of Technology.
Tips: Before joining college students should research the college's culture academic programs and campus resources. They should also understand their scholarship and financial aid options. To make a smooth transition students should seek out supportive professors and peers. They should also prepare for cultural and academic adjustments and join clubs and organizations to build connections. To apply for a scholarship students should submit their academic transcripts and essays through the college's website. The scholarship allowance can help students focus on their academics and extracurricular activities.
Likes (Safety): I feel grateful to be part of such a supportive community. I have had extremely positive experiences in the city. The local community is friendly and welcoming with many amenities and services available to support students. I have never felt threatened or unsafe while exploring the city. I got lost in the city during my first week. A local resident approached me and offered to help me find my way back to campus.
Dislikes (Post study jobs): There are some job opportunities available, the process of securing a sponsor visa can be challenging and competitive. There are a limited number of companies that offer sponsor visas for international students and the job roles and salary packages offered to international students vary depending on the industry, company, and job requirements. A company might offer a sponsor visa for a position in a specific field or industry but the salary package for that position might not be as competitive as other positions that do not require a sponsor visa. Software engineer, data analyst and IT consultant roles are common with salary packages ranging from 60,000 to 100,000 dollars per year.
Total Monthly ExpenseUSD 3575
Prepping time for classes29 hours/Week
Expected Annual SalaryUSD
Reviewed on 1 Dec 2024Read more
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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
Read more

Master of Business Administration
 at 
MIT USA 
Scholarships

Scholarship information is not available. You can apply to non-college specific scholarships available for USA.
View all 80 scholarships
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Class Profile

Average class profile for this course
Work Experience5 years
Bachelors GPA / Percentage3.59
Percentage of International Students40%

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Tasneem Hoda

Study Abroad Expert

Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit... Read Full Bio

Master of Business Administration
 at 
MIT USA 
 
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Master of Business Administration
 at 
MIT USA 
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