MIT boasts one of the world most advanced innovation ecosystem and easily competes with Stanford for the title of the world’s best business school for innovators and disruptors. It’s no wonder that MIT is the school that places the most in Tech among the M7.
Business Schools In The M7 MBA List
Guide to MIT Sloan, School of Management
All M7 MBA Programs
Schools in the M7 MBA programs include:
About MIT Sloan
MIT Sloan’s two-year MBA program prepares innovative leaders to make sound and responsible management decisions based on a global perspective. Blending theory with practice, this flexible program allows students to create a curriculum best suited to their academic and professional needs and places a premium on real-world engagement.
The Sloan School of Management at Massachusetts Institute of Technology offers these departments and concentrations: accounting, economics, entrepreneurship, finance, general management, health care administration, human resources management, industrial management, international business, leadership, manufacturing and technology management, marketing, management information systems, production/operations management, organizational behavior, supply chain management/logistics, quantitative analysis/statistics and operations research, tax, and technology.
Close to a quarter of Sloan graduates have gone on to become company presidents and CEOs, and some of the most notable alumni include Carly Fiorina, former president and CEO of Hewlett-Packard Co.; John Reed, former chairman of Citicorp; and Benjamin Netanyahu, prime minister of Israel.
Tuition for the MBA program costs US$136,135 per year and financial aid opportunities are provided for applicable applicants. in 2019, 95.7 % of the MIT MBA batch graduated with full time job offers, with a median annual salary of US$140,000
MIT Sloan's Specialty
MIT Sloan is best known for
- Business Analytics
- Information Systems
- Production / Operations
- Project Management
- Supply Chain / Logistics
- Entrepreneurship
Application Deadlines
Round 1: September 29, 2022 | Round 2: January 18, 2023 | Round 3: April 11, 2023
Application Fee: $250
Admissions Facts
Program length: 2 years
Acceptance rate (full-time): 14.6%
Average age of new entrants: Undisclosed
Required standardised test: GMAT/GRE
Average GMAT score: 730 | Average GRE Quant Range: 158-169 | Average GRE Verbal Range: 157 – 168
Require work experience: Yes | Average work experience: 5 years
Application Essays
- Season: 2022
- Requirements: 1 Cover Letter, 1 Resume, 1 Video Statement
- Submission Deadline: Same as application deadline
Cover Letter
MIT Sloan seeks students whose personal characteristics demonstrate that they will make the most of the incredible opportunities at MIT, both academic and non-academic. They are on a quest to find those whose presence will enhance the experience of other students. They seek thoughtful leaders with exceptional intellectual abilities and the drive and determination to put their stamp on the world. They welcome people who are independent, authentic, and fearlessly creative — true doers. They want people who can redefine solutions to conventional problems, and strive to preempt unconventional dilemmas with cutting-edge ideas. They demand integrity and respect passion.
Taking the above into consideration, submit a cover letter seeking a place in the MIT Sloan MBA program. 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).
Resume
Submit a one-page resume. This will help them to easily track your academic and career path. Try to focus on your work results, not just your title or job description.
Formatting: One page limit, Times New Roman font, Size 10 font, Word or PDF formats only
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)
Video Statement
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. Videos should adhere to the following guidelines:
- No more than 1 minute (60 second) in length
- Single take (no editing)
- Speaking directly to the camera
- Do not include background music or subtitles
Letters of Recommendation
- Season: 2022
- Number of Recommendations: 1
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.
- MIT does not accept recommendations from family members.
- Your letter of recommendation must be received by the deadline date for the round you are applying.
Our Verdict
Selective
“When selecting between highly qualified applicants, MIT looks for candidates with the potential to lead the next big thing, who approach problem-solving with innovative thinking.”