19th

Massachusetts Institute of Technology

Sloan School of Management

Quick Stats

  • Avg. SAT Score
    1457
  • Annual Tuition
    $41,770
    $ $ $ $ $
  • Program Enrollment
    123
  • University Selectivity
    9%
  • University Yield
    70%
  • Job Offers
    97%
  • Average Salary
    $70,256
  • Top Industry
    Financial Services
  • School Status
    Private
  • Accreditation
    AACSB Accredited
  • B-School Founded
    1914
  • Program Length
    Four Year
Contact Information
50 Memorial Drive
Cambridge, Massachusetts 02142, United States
Website
405x225

Sloan School of Management

The MIT Sloan School of Management, based in Cambridge, MA, is one of the world's leading business schools - conducting cutting-edge research and providing management education to top students from more than 60 countries. The school is part of MIT's rich intellectual tradition of education and research. We offer premier programs for shaping leaders who will create, redefine, and build innovative products, services, markets, and organizations. Students have the opportunity to collaborate across MIT, capitalizing on and contributing to the Institute's distinctive intellectual excellence and entrepreneurial culture.

What Current Students Say See All 10 Comments >

MIT offers every type of class imaginable, including grad classes - to us undergrads. The professors here are top notch, ranging from Nobel laureates to award-winning economists - I was amazed that they actually teach undergrads and dedicate so much time to answering our questions after class. Compared to other business programs, MIT lets us take classes from any department - the programming and math classes have been immensely helpful for my startup.

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About Massachusetts Institute of Technology

Admissions

Admissions Selectivity
9% Massachusetts Institute of Technology 58% Average Across All Schools
Most Important Admissions Factors
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
18109% 18,109
9% 9
70% 70
9% School Selectivity
70% School Yield
Demographics of Applicants
  • Male Applicants
  • Female Applicants
  • International Applicants
  • U.S. Applicants
Application Deadlines
Jan 1
Fall 2013
Required Tests
  • SAT Reasoning or ACT plus writing
  • 2 SAT II tests, one each in math and science
  • Are Interviews Required? Not required
Additional Requirements:
Total Applications to Program
  • Applied
  • Accepted
  • Accepted Apps Enrolled
0% 0.0
Program Requirements
  • Admissions managed by Business Program
  • Are interviews required?
Required Tests

Transfer Requirements
  • How internal transfers are handled Declare business major
  • Min college GPA for transfers
  • Other transfer requirements
Freshman Requirements
  • Freshman admissions No
  • Percent of admitted applicants who are freshmen
  • Min GPA required in pre-business courses
  • How freshmen are admitted
Other Requirements for freshman

Careers

Financial Services 55%
Top Industry
  • Consulting 13%
  • Other 6%
  • Media/Entertainment 3%
Bank of America Merrill Lynch 6
Top Employer
  • Accenture 2
  • JP Morgan 2
  • Capital IQ 1
Job offers within 3 months after graduation
97% Sloan School of Management 75% Average Across All Schools
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
94% 94
59% 59.267238095238085
94% Receive Offers
94% 94
56% 55.65923664122137
94% Accept Offers
After graduation, but within 3 months
3% 3
16% 16.189999999999998
3% Receive Offers
3% 3
17% 17.25698275862069
3% Accept Offers
More than 3 Months after graduation
0%
10% 10.193835616438358
0%
13% 12.771399999999998
71% Graduates seeking full-time employment
29% Graduates not seeking employment
94% Percentage of graduates for whom employment information is available
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
20% 20
Data not provided
Finance/Accounting
61% 61
Data not provided
General Management
3% 3
Data not provided
Management Information Systems
13% 13
Data not provided
Logistics/Transportation
3% 3
Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Accounting
7% 7
Data not provided
Consumer Products/Retail
3% 3
Data not provided
Consulting
13% 13
Data not provided
Financial Services
55% 55
Data not provided
Media/Entertainment
3% 3
Data not provided
Technology/Science
13% 13
Data not provided
Other
6% 6
Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
U.S. Northeast
79% 79
Data not provided
U.S. Mid-Atlantic
3% 3
Data not provided
U.S. Midwest
14% 14
Data not provided
U.S. West
4% 4
Data not provided
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Average Signing Bonus for Most Recent Graduates
Other Income for Most Recent Graduates
Internship Employers / Interns Hired
  • Kaiser Permanente 1
  • UBS 1
  • Thomson Reuters 1
  • TD Ameritrade 1
  • PanAgora Asset Management 1
Internship Services
  • Companies that recruit interns on campus
  • Companies that posted internships on school message board
  • Average intern length in weeks 10
  • Percentage of internships that are paid 97
Career Services
  • Number of companies that recruited students on campus 32
  • Number of companies that posted full-time jobs on school message boards 151
Other activities and career services provided to undergraduate business students:
Career counseling/planning, walk-in career advising, career development workshops, industry panels, online job/internship listings, on-campus interviewing, mock interviews, resume critiques, career self-assessment, extensive alumni network, job shadowing, grad/prof school advising, career library, online workshops, assesment tools, career info databases, employer information sessions, career fairs, career developement handbook, post-graduation career services, destination surveys

Cost

Resident
$ $ $ $ $
$57,010
Total Yearly Cost
  • Tuition $41,770
  • Fees $280
  • Expenses $14,960
Non-Resident
$ $ $ $ $
$57,010
Total Yearly Cost
  • Tuition $41,770
  • Fees $280
  • Expenses $14,960
59% Percent of Institutional Grants or Scholarships 28% Percent of Full-tuition Institutional Grants or Scholarships
Basis for Grants or Scholarships
  • Need 100%
  • Merit 0%
More Information
Financial Aid
  • Financial Aid Management No
  • Website http://web.mit.edu/sfs
Scholarships
$2,590,640
Total aid distributed to undergrad business students last year
$2,341,717
Total aid distributed to undergrad business students this year
Loans
  • Loan Guarantee Policy Yes
  • Max Loan Guarantee Per Year 57,010

Academics

Average Class Size
  • Sloan School of Management
  • All Schools
Core Business Classes
38% 35
50% 46
Elective Business Classes
74% 43
50% 29
Required Classes with a Waiting List
0 Sloan School of Management 12 Average Across All Schools
* On the First Day of Enrollment
Top Areas of Study
  • Entrepreneurship
  • Finance
  • Management Information Systems
  • Marketing
  • Statistics and Operations Research
More Information
Business Program Classes
17% Less than 20 Students 36% More than 50 Students
47% 21 to 50 students
43 Average number of students in non-business required electives
131 Different Elective Courses
New Electives
  • Optimization Methods in Operations Research
  • Energy Economics and Policy
  • The Analytics Edge
  • Global Economic Challenges and Opportunities
  • Entrepreneurial Product Development & Marketing
  • Program length Four Year
  • Last change to curriculum 1984
Degrees Offered / Credits Required
  • SB Management Science
Faculty
  • All Faculty
  • Tenured
112% 112
100% 100
Prominent Faculty
  • Are work study or co-ops available? No
  • Description of work study / co-ops:

  • Is study abroad available? Yes
  • Description of study abroad programs:

    We have no formal exchange programs, however we offer transfer credit for equivalent coursework.
  • Is community service or volunteering available? Yes
  • Description of community service/volunteering:

    Via the MIT Public Service Center

Students

100% Students in Top 10% of High School Class 100% Students with High School GPA over 3.75
1535 75th Percentile Score on SAT 34 75th Percentile Score on ACT
Student Body Breakdown
  • International Students
  • U.S. Students
  • Male Students
  • Female Students
Ethnicity of Students
White
37% 37
Asian American
25% 25
Hispanic
19% 19
* Percentages are for U.S. citizens in most recent entering class; only top three responses shown.
More Information
U.S. Regional Breakdown
25%
13%
6%
6%
31%
19%
Student Citizenship
U.S.
89% 89
Other Non-U.S. Citizenship
11% 11
Dual Citizenship
0% 0
Canada
0% 0
19 Average age of full-time students
98% Freshman retention rate
Graduation Rate
  • 4 Years
  • 6 Years
0%
0%

Alumni

Alumni Donors
Total Living Alumni 4,242
Alumni Donations
$3,309 Average Gift $904,700 Largest Gift
Most Prominent Alumni