Master of Business Analytics (STEM) at Massachusetts Institute of Technology (MIT)

The Massachusetts Institute of Technology (MIT) offers a one-year Master of Business Analytics (STEM) program through its Sloan School of Management. This program is designed for those who wish to gain advanced skills in business analytics. The tuition fee for this course is USD 91,250. To apply, students need to demonstrate their proficiency in English, and the university accepts both IELTS and TOEFL scores for this purpose. This program is ideal for students looking to enhance their expertise in analytics and secure a competitive edge in the business world. GyanDhan Grading is used to evaluate applicants, ensuring a comprehensive assessment of their qualifications.

• The Master of Business Analytics program at the Massachusetts Institute of Technology is an advanced degree focused on preparing students for jobs in data science and business analytics.
• This full-time program lasts for 12 months and is divided into three semesters: fall, spring, and summer. From the spring to the summer semester, students take part in a required 7-month analytics capstone project course.
• The program is perfect for students who are in their last year of college or those who have recently graduated and want a career in the data science field.

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12th Grade

No specific cutoff is mentioned for 12th grade requirements.

Graduation

Applicants must have a four-year undergraduate degree or an equivalent three-year degree from outside the U.S. by the time they start the program. Relevant coursework in Computer Programming, Math, and Statistics/Machine Learning is required. Applicants may also submit additional academic evidence like professional certifications (CFA, CPA) or non-degree courses (CORe, edX) to help the Admissions Committee evaluate their application.

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GRE

Marks: No specific cutoff mentioned

Submitting GRE scores is optional when applying for the MBAn program.

TOEFL

Marks: No specific cutoff mentioned

No specific TOEFL cutoff is mentioned.

IELTS

Marks: No specific cutoff mentioned

No specific IELTS cutoff is mentioned.

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Step 1: Prepare Your Application Documents

Letters of Recommendation (LOR)

You need to submit 3 letters of recommendation:

• One letter should be from someone who can discuss your quantitative skills.
• Two letters should come from academic sources.
• Your recommender should 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? Provide an example of the applicant's impact on a person, group, or organization. Give a representative example of how the applicant interacts and communicates with others, including peers and superiors. Provide an example of how the applicant has synthesized and executed an assigned task or mastered new material. Which personal or professional characteristics of the applicant would you change? Share any additional information you think we should know about this applicant.

Essays

Explain why you are pursuing the Master of Business Analytics degree at MIT Sloan. What do you hope to gain from the program? What are your career aspirations? (500 words or less)

Curriculum Vitae (CV)

Submit a one-page resume including:

• Education: Include relevant awards, scholarships, and professional societies.
• Full-Time Work Experience: Define full-time work as more than four months of post-degree work, paid and full-time. Include company name, your title, results-oriented bullets, and dates.
• Internship(s): Official work done through a company, either paid or unpaid, hired directly by Human Resources. Include company name, your title, results-oriented bullets, and dates.
• Other Work Experience: Include projects or research not officially hired by Human Resources. Provide details of your experience, who you worked with, results-oriented bullets, and dates.
• Additional Information: Include extracurricular activities, community service, technical skills, certifications, special skills, interests, and languages spoken if applicable.

Formatting pointers: One-page limit, Times New Roman font, size 10, Word or PDF formats only.

Step 2: Submit Additional Documents

• Copies of academic records from all colleges and universities attended.
• Submit GMAT/GRE scores.
• Submit English Language Proficiency scores.
• Submit answers to two video questions: Each video should be no longer than 1 minute (60 seconds). Single take (no editing), speaking directly to the camera. Do not include background music or subtitles. Video question 2: Designed to help us get to know you better and assess your fit with the MIT Sloan culture. You have one minute to prepare a 60-second response.
• The Admissions Committee is eager to learn more about you and your background. In 250 words, respond to the following short answer question: How has the world you come from shaped who you are today? For example, your family, culture, and community all help to shape aspects of your life experiences and perspective. Use this opportunity to share more about your background.

Step 3: Start Your Online Application

Begin your application process by visiting: MIT Sloan Application Page

Step 4: Application Fees

The application fee for this course is USD 150, equivalent to INR 12.64 Thousand. Payment can be made via credit card.

The MIT Monthly Payment Plan allows spreading the term bill over five payments, rather than paying in a lump sum.

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"