Admissions

We seek to enroll well-rounded individuals with the following characteristics:

Success in your professional endeavors (whether you are well into your career or a college senior)
Ability to collaborate to accomplish a common goal
Drive to inspire others to achieve success
Vision to seek alternative solutions to existing challenges
Pursuit of meaningful goals

We evaluate every application on its own merits, so a rejection in a previous year does not affect your chance for acceptance, should you choose to reapply. We will consider one application per year of entry per person, so apply only once in an admission cycle.

Below you will find the application deadlines for entrance to the MIT Sloan M.Fin. Program beginning July 2012.

M.Fin. Program Deadlines

	M.Fin. Round I	M.Fin. Round II	M.Fin. Round III
Application Received By 12 noon Pacific Standard Time (2000 GMT)	Tuesday, Nov 1, 2011	Wednesday, Jan 4, 2012	Thursday, March 15, 2012
Decisions Released By	Tuesday, Dec 20, 2011	Thursday, Feb 23, 2012	Friday, April 13, 2012
Reply By	Friday, Mar 16, 2012	Friday, Mar 16, 2012	Friday, April 27, 2012

Instructions for Master of Finance (M.Fin.) Applicants

Cover Letter
Resume
Essays
Letters of Recommendation
Academic Records (Transcript)
Test Scores
Application Fee
Interview Policy

Cover Letter

Prepare a cover letter (up to 500 words) seeking a place in the MIT Sloan Master of Finance (M.Fin.) Program. Describe your short-term and long-term goals and provide specific reasons why you want to enter the MIT Sloan M.Fin. Program. The cover letter should conform to business standards and be addressed to Mr. Rod Garcia, Director of Admissions.

Resume

Please prepare a business resume that includes your employment history in reverse chronological order, with titles, dates, and whether you worked part-time or full-time. Your educational record should also be in reverse chronological order and should indicate dates of attendance and degree(s) earned. Other information appropriate to a business resume is welcomed and encouraged. The resume should not be more than one page in length (up to 50 lines).

Essays

We are interested in learning more about you and how you work, think, and act. For each essay, please provide a brief overview of the situation followed by a detailed description of your response. Please limit the experiences you discuss to those which have occurred in the past three years.

In each of the essays please describe in detail what you thought, felt, said, and did.

Essay 1: Please describe a time when you worked effectively with people to accomplish an important result. (300 words or fewer, limited to one page)
Essay 2: Please describe a situation in which you were able to use persuasion to successfully convince someone to see things your way. (300 words or fewer, limited to one page)

Career Goals

In addition to the two essays, we will ask you to indicate your career area(s) of interest, explain what attracts you to your career choice(s), and describe how the MIT Sloan M.Fin. Program will help you to meet these goals. (300 words or fewer, limited to one page)

Recommendations

Please submit three letters of recommendation. One of the recommendations should be from an academic source.

Recommenders must submit recommendations online. We do not accept mailed recommendations. Recommendations should not exceed two pages each.

Please choose recommenders who are able to provide specific answers to 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?
Please give an example of the applicant's impact on a person, group, or organization.
Please give a representative example of how the applicant interacts with other people.
Which of the applicant's personal or professional characteristics would you change?
Please tell us anything else you think we should know about this applicant.

Academic Records (Transcripts)

Please scan and upload copies of your academic records. Do not mail in your official academic records or transcripts.

Relevant Coursework: If applicable, please include details for economics, finance, math/statistics, or other relevant coursework completed, using short answer fields in application.

Applicants invited to interview will be required to provide an official transcript from each school attended. Any discrepancy between the scanned transcripts and official transcripts may result in a rejection in our decision or a withdrawal of our offer of admission.

Test Scores

The GMAT or GRE is required of all applicants and must be taken before submitting your application. Once your online application is submitted, we will not allow replacement of your test scores. Test scores are only valid for five years; therefore, only tests taken after January 1, 2007 will be considered. It’s important to be aware that as of August 1, 2011, the GRE general test is changing. Here is information from the GRE about the revised test changes: http://www.ets.org/gre/revised_general/know

M.Fin. applicants whose first language is not English must submit IELTS (preferred) or TOEFL scores. The IELTS/TOEFL requirement may be waived for those who have earned or by the time of enrollment in the M.Fin. Program will have earned a bachelor's degree from a school where English is the primary language of instruction. A 2-year graduate degree from an English speaking school is not sufficient to waive the IELTS/TOEFL requirement.

M.Fin. GMAT School Code: X5X-QS-69
M.Fin. GRE School Code: 3845
TOEFL institution code: 3845

For test scores FAQs, please go here.

Application Fee

M.Fin. Application Fee: $100.00

The application fee is payable by credit card online when you apply. You will be prompted for payment information after pressing the “Submit Application” button. If you wish to pay by means other than a credit card, you must send an email to adcom@sloan.mit.edu at least one week before you intend to submit your online application. College seniors graduating from a U.S. institution and active U.S. military personnel may request an application fee waiver by emailing adcom@sloan.mit.edu prior to submitting your application. Please include your school name, graduation date, and the email address used to create the application. The application fee is non-refundable.

Submission of your Online Application

The online application is due at 3 p.m. Eastern Time on the deadline dates. You may complete and submit the online application at any time before the deadline. Save your work before moving to the next page and print a copy for your own records.

Interview Policy

Interviews are by invitation only. Our goal is to interview all candidates accepted into our programs. An invitation to interview thus signals that your application has reached an advanced stage of consideration, but does not guarantee admission.

Candidates will be invited to interviews by email, up until the decision deadlines. Decisions will be released early for some candidates who will be denied admission without an interview. Interviews will be conducted at MIT Sloan and in several key regions around the globe. Please indicate on the application the preferred location for your interview; in some cases, we may conduct interviews by telephone. Please note that interviews are conducted on weekdays and during business hours.