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 provides an exceptional MBA program at the PG level, designed to be completed in 2 years.
To gain 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. One of the most important things that students have to keep in mind before applying is to know the number of seats available. This is to be done to have an idea about whether to apply early or not.
The Massachusetts Institute of Technology tuition fee for the first year of the MBA is USD 86,550. Additionally, prospective students should budget for living expenses, which include accommodation (rent or hostel), food, books, and other essential utilities, averaging around USD 19,048.
Duration | 2 years |
Tuition & Fees | ₹77.02 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
- Fees
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
- Class Profile
Master of Business Administration at MIT USA Fees
The first-year tuition fees that students are required to pay as per the Massachusetts Institute of Technology MBA fee structure. The total cost of living at the university is estimated to be USD 19,048 which includes the costs of housing, food, and other utilities. The total costs may vary based on the expenses of the student and the lifestyle being followed by them. Some additional fees may also be charged by the Massachusetts Institute of Technology during the course duration. The complete fee breakdown of the MBA is around USD 86,550 which is shown in the table below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 77,01,764 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 17,49,844 |
| Insurance | INR 3,19,694 |
Calculated at the exchange rate of 1 USD = INR 88.73 | 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
- Read less
- 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
- Read less
- 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
The MIT MBA fees for international students at MIT Sloan is USD 89,000 (INR 77 L) for the 2025-26 academic year. This includes the mandatory USD 2,200 (INR 1.9 L) MBA programme fee.
The tuition fee also covers the costs of purchasing textbooks, however, for health insurance, students have to pay an additional cost.
Source: MIT Sloan
Conversion rate: 1 USD = INR 86.63
Harvard and MIT both offer a world-ranked MBA programme with impressive placement opportunities to students. Mentioned below is the comparison between them in terms of their tuition fees and MBA placements:
| Universities | MBA First Year Tuition Fees | MBA Average Salary Per Year |
|---|---|---|
| MIT | INR 35 L to INR 76 L | INR 1.39 Cr |
| Harvard | INR 18 L to INR 63 L | INR 1.50 Cr |
According to above comparision, Harvard University looks good in terms of tuition fees and average fees. However, its your choice where you want to study MBA program.
MBA aspirants must submit one LOR, preferably from a professional contact such as a manager or supervisor. A candidate's recommender must be able to answer the following questions:
- How long and in what capacity have you known the applicant?
- How does the applicant stand out from others in a similar capacity?
- Give an example of the applicant's impact on a person, group, or organization.
- Give a representative example of how the applicant interacts with other people.
- Anything else the recommender thinks the AdCom should know about this applicant.
- Describe the most important piece of constructive feedback you have given the applicant. Please detail the circumstances and the applicant's response.
Note: Applicants may two additional professional references to put forward their strengths.
MIT Sloan (MIT Business School) is one of the STEM-focused global business schools and students from all over the world desire to study here. In QS Global MBA Rankings 2024, Massachusetts Institute of Technology has been awarded the rank #6 in the world. Also, the MIT Sloan has been ranked #6 in Global Business Schools by the Financial Times MBA Ranking 2024. MIT MBA programs are STEM designated and students get to choose between various specializations such as Finance, Business Analytics, Global Operations, Management Studies, Design & Management, and more.
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.
-
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
-
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
- 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:
-
- 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
Caltech and MIT both rank among world's top universities, with slight variations in rankings depending on criteria. Caltech excels in Science and engineeirng and has a high number of nobel winners who focu on theorectical reasearch. MIT is similarly renowened institution for it's strength in science, pratical application and enreprenurship. However the choice between Caltech and MIT depends on individual preferences, but in terms of ranking and reputation MIT takes a step higher then Caltech. But, ultimatley both the institutions focus on hand on innovation in reasearch and surely both the universities are great for students.
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% |
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.
MIT admission is highly competitive because of its low acceptance rate. Indian 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
Massachusetts Institute of Technology (MIT) as well as the Florida Institute of Technology are two well-known universities in USA and great study abroad options for students. When it comes to rankings, MIT University beats Florida Tech with the rank #1 in QS World University Rankings - Best Global Universities for the year 2024. Whereas, the latter is unranked in this category.
It is widely known that MIT University is one of the most prestigious universities in the world. However, FIT is just as world class when it comes to offering programs for their international students.
Mentioned below is the comparison between both the universities on the basis of some other parameters that can help you choose the better university for you:
Parameters | MIT University | Florida Tech |
|---|---|---|
Acceptance Rate | 4% | 66% |
Average GPA Required | 3.5 GPA | UG: 2.0 PG: 3.0 |
Annual Tuition Fee (MBA) | INR 35L - 73L | INR 13L - 27L |
Massachusetts Institute of TechnologyStudents Ratings & Reviews
1 Verified Review- 0% students never faced discrimination in this university
(1) 1 person found this helpful
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% |
Resources for you
Learn the process in simple steps with these guides handpicked for you
Explore courses offered by MIT USA
Other Courses offered by MIT USA
Similar courses in different Universities
New York, USAPrivate
Philadelphia, USAPrivate
New York, USAPrivate
Stanford, USAPrivate
New Haven, USAPrivate
Cambridge, USAPrivate
New Haven, USAPrivate
Durham, USAPrivate
About the author
Study Abroad Expert
Master of Business Administration at MIT USA Popular & recent articles
Master of Business Administration at MIT USA Contact Information
77 Massachusetts Ave, Cambridge, MA 02139, USA
Cambridge ( Massachusetts)