"Over the years, MIT has produced many leaders in the financial industry. As the field progresses, there is a growing demand for students and professionals with rigorous finance training who also can master specialized technologies. This program is a response to the growing demand in the industry."
Deep engagement. Lasting impact.
MIT Sloan’s tradition of global engagement has reaped significant benefits for the School and MIT, resulting in:
- Management education and research connections in more than a dozen countries
- A cohort of 4,000-plus International MBA alumni affiliates
- The mentoring of more than 300 International Faculty Fellows
- International MIT initiatives in areas such as engineering and life science that stemmed from existing MIT Sloan relationships
These examples illustrate the deep and broad nature of MIT Sloan’s global orientation and its presence abroad as an innovative leader and invested partner in management education, research, and practice. Critical areas of impact include:
Influencing international faculty development – The International Faculty Fellows (IFF) program connects faculty from non-U.S. institutions with MIT Sloan faculty in Cambridge for a semester of teaching and research development. More than 300 faculty members from eight countries have spent time at MIT Sloan as fellows. MIT’s School of Humanities and School of Engineering have adopted the successful IFF model for their own use, resulting in greater exposure for MIT faculty and students to multicultural scholarship and research in their respective areas of interest.
Developing the International MBA – MIT Sloan established China’s first International MBA (IMBA) programs at Tsinghua University in Beijing and Fudan University in Shanghai. Since its inception, these programs have ranked among China’s best MBA programs and influenced the development of Chinese business education on a national scale.
Laying the foundation for broader MIT initiatives – MIT Sloan arrived first in many of the places where MIT has established international initiatives:
- Russia – A half-century before MIT signed a development agreement with Russia’s Skolkovo Institute of Science and Technology and the Skolkovo Foundation in 2011, MIT Sloan was sending executive education students to Moscow through the MIT Sloan Fellows Program. Executive education students from the former Soviet Union also visited MIT Sloan to take classes, a reciprocal arrangement that continued throughout the Cold War and beyond.
- Singapore – MIT Sloan paved the way for MIT engagements in Singapore through its program with Nanyang Technological Institute (NTU). That collaboration inspired the Singapore-MIT Alliance, an initiative involving MIT, NTU, and the National University of Singapore that promotes global research and education in engineering and life science. An exciting outgrowth of the alliance is the Singapore University of Technology and Design (SUTD), a joint venture among Singapore, MIT, and China’s Zhegiang University. Former dean of the MIT School of Engineering, Thomas Magnanti, serves as SUTD’s president.
- Taiwan – MIT Sloan has collaborated for more than two decades with the Taiwan-based Epoch Foundation on research, teaching, and program development in the Asia-Pacific region. This collaboration has led to Epoch-funded research and education initiatives with MIT’s Industrial Liaison Program, Media Lab, and Computer Sciences/Artificial Intelligence Lab (CSAIL).
“Chinese culture has many rules and behavior. The culture here is more relaxed. Students have more freedom. Freedom encourages more creation. Professors put out questions with no answers, ask students to think. It’s good to make students think, learn from each other. I will teach students with more freedom.”