MBA at Massachusetts Institute of Technology (MIT)

Cambridge, Massachusetts, United States

Pursue a 24 Months Masters (PostGraduate) with INR 7,294,000/Year Tuition Fees

On this Page:

MBA at Massachusetts Institute of Technology (MIT)

Sprinkles

Overview

The Massachusetts Institute of Technology (MIT) is renowned for its prestigious programs, particularly the MBA offered by the MIT Sloan School of Management. This esteemed MBA course spans over two years and is designed to equip students with critical management skills and innovative thinking. As a leading university in the USA, MIT attracts students from around the world who are eager to advance their careers in business. The tuition fee for this program is USD 86,550, reflecting the high-quality education and resources available to students. To gain admission to this MBA program, candidates must demonstrate proficiency in English, with the TOEFL being the accepted language test. With a focus on cutting-edge research and practical experience, MIT Sloan provides a comprehensive learning environment that prepares graduates for success in the global business arena. GyanDhan Grading is used to evaluate applicants, ensuring a fair and holistic assessment of each candidate's potential.

Program Details Information
Duration 24 Months
Course Level Masters (PostGraduate)
Mode of Course Full Time
Tution And Fees ( For 1 Year) INR 7294000.0
Type of University Private
Official Career service Website https://www.mit.edu

MBA at Massachusetts Institute of Technology (MIT)

Sprinkles

Key Insights

  • list items The two-year program requires students to finish a core curriculum and 144 units of graduate elective subjects.
  • list items The program focuses on management science, helping students learn how to analyze and solve problems in organizations and performance within a management framework.
  • list items The MBA curriculum is very flexible, letting students design a program that fits their personal needs and career goals.

Get Expert Help with Your Admission

Find the right admission consultant for your profile.
It's FREE!

MBA at Massachusetts Institute of Technology (MIT)

Sprinkles

Rankings

Ranking Source Ranking
MBA Business Analytics US News & World Report, 2024 1
Global MBA QS, 2024 6
GMBA FT (Financial Times), 2024 6

MBA at Massachusetts Institute of Technology (MIT)

Sprinkles

Eligibility Criteria

12th Grade

There is no specific cutoff mentioned for 12th-grade requirements at MIT.

Graduation

Applicants must have a four-year undergraduate degree or an equivalent three-year degree. MIT is open to candidates from various fields, including humanities, sciences, business, and engineering. The university looks for leaders with strong intellectual abilities and values such as dignity and respect. Candidates should be strong in both verbal and quantitative skills. MIT does not have strict academic prerequisites but asks about courses taken in specific subjects like Calculus, Communications, Linear Algebra, Microeconomics, Organizational Behavior, Probability, and Statistics.

Grade Convertor Tool

Convert your percentage to GPA or a 10-point scale CGPA to GPA with high accuracy

GRE

Marks: No specific cutoff mentioned

The GRE verbal scores for the middle 80% range from 157 to 168, and the quantitative scores range from 158 to 169.

TOEFL

Marks: No specific cutoff mentioned

TOEFL is not required for admission.

Got Study Abroad Questions?

Join our vibrant community of aspirants, alumni, and consultants
Free and Reliable!

MBA at Massachusetts Institute of Technology (MIT)

Sprinkles

Application Process

Application Process for Massachusetts Institute of Technology (MIT)

Step 1: Prepare Documents for Application

Letter of Recommendation (LOR)

  • list items MBA applicants are required to submit one professional letter of recommendation.
  • list items Choose someone who can speak about your professional achievements and leadership potential, preferably a manager or supervisor.
  • list items Recommendations from family members are not accepted.
  • list items Ensure your recommender submits the letter by the application deadline.

Curriculum Vitae (CV)

  • list items Submit a one-page resume focusing on work results rather than just job titles or descriptions.
  • list items Include education (with awards, scholarships, professional societies), work experience (company name, title, results-oriented achievements), and additional information (extracurricular activities, technical skills, certifications, languages).
  • list items Use Times New Roman font, size 10, and submit in Word or PDF format.

Step 2: Additional Documents Required

  • list items Upload transcripts from all colleges and universities attended. Include both original and certified translations if not in English.
  • list items Cover Letter: Address it to the Admissions Committee, include professional examples, and keep it under 300 words.
  • list items Submit GMAT/GRE scores.
  • list items Video Questions:
    • list items Video Question 1: Introduce yourself to future classmates.
    • list items Video Question 2: Answer questions such as what achievement you are most proud of or how you dealt with a non-contributing teammate. Keep each video under 60 seconds, single take, and no background music or subtitles.
  • list items Submit an organizational chart (max two pages).
  • list items Include relevant coursework and professional certifications.
  • list items Answer the short question: "How has the world you come from shaped who you are today?" in 250 words.

Step 3: Start Your Online Application

Start your application here.

Step 4: Application Fees

  • list items The application fee is USD 250, approximately INR 21.07 thousand.
  • list items Payment can be made via credit card.
  • list items Most graduate students make a tuition payment before each term (August 1 for fall, January 1 for spring). Alternatively, the MIT monthly payment plan allows for 10 installments over the year.

MBA at Massachusetts Institute of Technology (MIT)

Sprinkles

Fees & Other Costs

Cost Breakdown Amount (For 1 year)
Tuition & fees INR 72,93,568
Hostel & Meals INR 16,05,175
Insurance INR 3,03,625
Transportation INR 2,99,327
Personal expense INR 8,21,127
Books and Supplies INR 1,22,360
Student Life Fee INR 34,214
Application Fee INR 21,067
Total approximate fees INR 32,06,895

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

MBA at Massachusetts Institute of Technology (MIT)

Sprinkles

Other Universities

University Course Offered
Stanford University 137 Courses
University of California, Berkeley (UCB) 144 Courses
Carnegie Mellon University (CMU) 140 Courses
Georgia Institute of Technology (Georgia Tech) 106 Courses
Purdue University 140 Courses
University of Illinois at Urbana-Champaign (UIUC) 147 Courses
University of Michigan 140 Courses
University of Southern California 140 Courses
Texas A&M University 139 Courses
Cornell University 142 Courses