Master of Business Administration [M.B.A] - Master [2 Years]
$82,600 /Yr On-campus full_time

Master of Business Administration [M.B.A]

  • The Master of Business administration(MBA) is a 2-year program at Sloan School of Management, Massachusetts Institute of Technology(MIT).
  • This program ranks 3rd in the USA according to QS University Rankings 2020 with an employability rate of 96.6.
  • This program is accredited by AACSB which shows that the program has everything that students expect. 
  • Through Career Core, MBA students analyze personal strengths, interests, and values in order to effectively market themselves, and learn about the current job market and opportunities specifically for MBAs.
  • One-on-one career coaching. Faculty members who are also practitioners in their industry. Club events. Company presentations.  These are just some of the ways MIT Sloan works with the student at every stage of their journey, no matter where they want to go.
  • When the student graduates, they’ll join an exceptional network of more than 136,000 MIT alumni, representing 90 countries around the world. More than 4,000 MIT and MIT Sloan alumni volunteers are ready to share their insights and experience
  • Some of the companies that recruit this program graduates are the Boston Consulting Group, Bain & Company, Google, McKinsey & Company, Amazon, Amgen, JP Morgan Chase & Co,.. etc.
  • The student to faculty ratio is 8.6:1 which increases the intractability between students and faculty.
  • The Female to male ratio in this program is 39:61.
  • The students also have an option to do a dual degree with an MBA and any one of the 7 engineering programs.
  • The jobs after graduation are:
    • Marketing manager.
    • Medical and health services manager.
    • Financial manager.
    • Database administrator.
    • Business operations manager.., etc.
  • The average salary of the student after graduation is 140,000 USD.

Tution & Application Fees

Year Year 1 Year 2
Tuition Fees $80400 $80400
Other Fees $2200 $2200
Total Fees $82600 $82600

Examinations

Exam Type Exam Name Score Out of Score Exam Level
GRE Graduate Record Examination 311 340 2
GMAT Graduate Management Admission Test 720 800 2
TOEFL Test of English as a Foreign Language 90 120 3

Academic Eligibility:

  • The students must have a bachelor’s degree(3 or 4 years) in any of the respective fields to apply for this program.
  • The average GPA of the students in this program is 3.9.
  • Students can apply with any bachelor’s degree but the majority of the students come from these fields like Computer Science, Economics, Engineering (variety), Finance, Management, Math, Operations Research, Statistics…, etc.

Work Experience:

  • Work experience is not required but many of the students have an average experience of 15 months.

Language Requirments:

  • The students whose official language is not English are required to write IELTS or TOEFL exams before applying.
  • The TOEFL cut-off for this program is 90 out of 120.
  • The IELTS cut-off will be decided by the university department.

Language Requirement Exemption:

  • Students who have received instruction in English in their primary and secondary schools and students who have been in the United States for four years or longer and have received a degree from an American institution.

Exam Requirments:

  • The students must compulsorily have to submit the scores of any one of the exams like GMAT or GRE.

  • MIT recommends that applicants interview with a member of the MIT Educational Council if available. Council members are MIT graduates who have volunteered to interview on behalf of the Office of Admissions.