Admissions and Financial Aid FAQs
What degree do MIT Sloan MBA program graduates receive? What is the difference between the MBA degree and the Master of Science in Management?
Upon completion of degree requirements, candidates receive either a Master of Business Administration (MBA) degree or Master of Science (SM) in Management. Only students who complete a thesis may elect to receive the SM. The thesis is optional for MBA degree candidates.
What subjects/areas of study are offered at MIT Sloan?
A list of courses offered at MIT Sloan is available on the MIT Online Course Catalog. You should also visit our Curriculum pages for a description of our curriculum.
What are the degree requirements for the MIT Sloan MBA program?
All degree candidates enrolled in the MBA program complete a required core curriculum in addition to 144 units of electives. While enrolled in the MBA program, students may take up to three non-MIT Sloan graduate level MIT or Harvard subjects approved by the School, towards completion of degree requirements (there is no credit limit to these three subjects.) Most MIT Sloan subjects range from three units to 12 units based on an approximation of weekly class hours, Lab or thesis units, and outside preparation time. Second-year students are given the option of writing a thesis.
Are there other joint degree programs?
Yes, MIT Sloan offers two dual degree programs: Leaders of Global Operations and a dual-degree program with Harvard Kennedy School. In keeping up with our commitment to innovation and academic adventure, MIT Sloan offers several joint and dual degree programs through which students can pursue study in a combination of disciplines. Some of these programs are offered jointly between MIT Sloan and other MIT schools; some take advantage of our partnerships with other world-class institutions in the Boston area. All of them provide the extensive theoretical and practical training that is the hallmark of an MIT Sloan education. Programs include the Harvard Kennedy School Dual Degree Option (HKS) and System Design and Management (SDM).
How many students are in the MIT Sloan/HKS dual degree program?
The HKS joint degree is popular, typically about 6-15 students each year.
I've read about the biomedical enterprise program (BEP) and the website suggests that the program is being re-evaluated this year. Any updates?
The BEP is not accepting applications and is unlikely to resume.
What are the five required core classes?
The MBA core curriculum consists of the following five required classes: Economic Analysis for Business Decisions; Data, Models, and Decisions; Communication for Leaders; Organizational Processes; and Financial Accounting.
What are the benefits of MIT Sloan’s one-semester core?
MIT Sloan’s one semester core allows you more (and earlier) flexibility in choosing your course work. Completing the five required core courses in the first semester means students can start customizing their degree as early as the Spring of their first year.
What is the typical outline of teaching methods in the first semester core?
It varies and is left up to the professors: for example Organization Processes is more case based whereas DMD is more lecture, homework sets, and exams.
What is the teaching style for professors at MIT Sloan?
MIT Sloan faculty employ a variety of teaching methods including lecture, case study, team projects, writing, problem sets, presentations, company visits, guest speakers, and other theoretical and applied teaching methods. The teaching method used in a class is the choice of the individual professor and is chosen to best facilitate learning for that subject matter.
Can I waive management subjects? Can I transfer credits from previous MIT Sloan coursework?
Management subjects cannot be waived. Students who have completed previous graduate-level elective coursework at MIT Sloan can petition the MBA Program Office for applied credits from elective subjects.
Does MIT Sloan offer a specialization within the MBA degree?
A student can choose between three track offerings: Entrepreneurship & Innovation Track, the Finance Track, or the Enterprise Management Track. We also offer two certificates which you can do in addition to a track or on its own. Our two certificates are Sustainability and Healthcare.
Do you have to apply for a track in advance as part of the admissions process?
After you are admitted, you may choose to join one of these three tracks. Tracks are not required; they are purely optional.
Is it possible for students to participate in two tracks simultaneously?
At this time it is only possible to participate in one track, but there is great fluidity. The tracks require extra weekly seminars, and these meet at the same times.
What is the average class size?
In the first year of the MBA during the first semester, referred to as the Core, classes have approximately 70 students (except the communications class, which averages 30 students). Core classes typically have smaller discussion sections in which you have the opportunity to talk about conceptual issues and work on specific problem sets. Beginning in the second semester of the first year, elective classes typically have 25 to 60 students (although a few number as high as 90 students), and seminars may have fewer students.
How many students on average are in the elective courses? How difficult/easy is it to select the courses you want to take?
Elective courses vary in size. On average the size is 50 students in each. There is a bidding process to register for electives. 2nd year students get preference in this bidding process, so the most challenging time to get the classes you want is during the 2nd semester of your first year.
Are students allowed to take classes in other Masters programs?
MBA students may take up to three electives either from outside of MIT Sloan or Harvard University.
Can students cross-register at other schools?
MIT Sloan students can cross-register at a number of the Harvard graduate schools and also take classes within any department or program at MIT. Taking classes at Harvard depends on the scheduling because Harvard’s academic calendar is different from MIT’s. Up to three courses outside of MIT Sloan can count toward your degree. Of course, we also offer exchange programs, where you would be taking a full course load.
Is there a part-time program?
There is not a part-time or evening component to the MBA program. There is an Executive Management MBA program for working, experienced professionals that meets primarily on weekends.
Is there a program starting in January?
The MBA program begins in August each year.
What is unique about MIT Sloan?
There are many things that make MIT Sloan a unique place. MIT Sloan’s small class size and tightly knit community are two specific features that appeal to applicants and students alike. Students are only required to complete a one semester core. Also, the opportunities for live case studies and consulting projects with international exposure (ex. G-Lab) make Sloan unique.
Are there opportunities to be a Teaching or Research Assistant?
Yes, TA and RA positions are available starting your second semester as an MBA student which not only help students cover some of their expenses, but also provide students with outstanding exposure to Sloan’s educational and research programs.
Can students work full-time or part-time while attending classes at MIT Sloan?
Some students choose to work part-time around their class schedule. Specifically, students who are working on starting a company will be devoting lots of time to their start-up. It is highly encouraged not to work during your time at MIT Sloan. There are many opportunities to take advantage of on-campus, and two years goes by very quickly.
What kind of research does your MBA faculty do at MIT Sloan?
Check out Sloan Expertise, a document that talks about what professors are currently doing research on.
How is MIT Sloan differentiating its program and offerings to prepare its students for an international business environment?
We have an incredibly diverse population of students who study here, so everything you do will have a global focus. In addition, we are partners with leading academic and business institutions around the globe to give our students unique access. Some of the international programs we offer include: G-Lab, International Study Tours, and exchange programs with LBS and IESE.
How are students connected to the entrepreneurial ecosystem? Are current students given the opportunity to interact with former students that have succeeded as entrepreneurs?
There are many different ways to get support for entrepreneurial endeavors. The Martin Trust Center for MIT Entrepreneurship supports students interested in starting companies. The center also provides opportunities for mentorship and advice from both peers and experienced entrepreneurs who can answer specific questions about your start-ups. We also have many alums who come to campus to help advise current students.
What is the presence of the Forte Foundation at MIT Sloan? How many Forte Fellows are there per year, and how are fellows chosen?
MIT Sloan takes part in all Forte events and initiatives; we are a founding sponsor. We select between 10-15 fellows each year. The awards are funded by MIT, just given in Forte's name. We select recipients based on many factors including strength of application, diversity and connection to and involvement with Forte.
Can you elaborate on the opportunities to work on-site with clients?
All of our lab classes allow students to get out of the classroom and participate in experiential learning. This action-based teaching method is a hallmark of MIT Sloan’s curriculum. Students will go on-site to work with the company anywhere from 1-3 weeks.
Can you tell me more about Global Entrepreneurship Lab?
The Global Entrepreneurship Lab (G-Lab) immerses students in a semester class and an on-site consulting experience working side-by-side with entrepreneurs in emerging nations. G-Lab focuses its efforts primarily on entrepreneurial ventures in emerging countries throughout Asia, South America and Africa.
Are there opportunities to study abroad?
We have exchange programs with two schools in Europe (IESE in Barcelona, and the London Business School). A small number of students participate each year.
Sloan provides quite a few international opportunities. Does Sloan provide similar opportunities within the US (other than treks)?
There are treks within the US as well, e.g. Silicon Valley trek, Warren Buffet trek, Media/Entertainment trek. Also, some of our lab courses take place within the United States.
Could you address the entrepreneurship program and the opportunities that it offers for students?
Aside from the coursework there are lots of great things going on - the beehive which helps support students starting companies, the $100K business competition, the silicon valley trek, and the opportunity to meet with many entrepreneurs on campus.
How many students attend the MIT Sloan MBA program?
MIT Sloan has approximately 400 MBA students per class year (350 MBA’s and 50 LGO students) for a total of approximately 800 MBA students.
What student clubs exist at MIT Sloan? What if I want to start a new club?
There are over 60 student organizations and clubsat MIT Sloan. These clubs sponsor events, invite guest speakers, and organize conferences. There are also sports clubs, which compete within the MIT intramural system. If there is not already a student organization that suits your interests, you could start a new club!
Are there any intramural teams within the MBA community?
MIT’s athletic complex encompasses 10 buildings and 26 acres of playing fields. ManyMBA students participate in intramural sports across campus, as well as against other MBA programs in the Northeast and nationally. Read more about Sports and Recreation Clubsat MIT Sloan.
Can you tell me about life at MIT? How many students live on campus?
Many MIT Sloan students choose to live off campus; typically, 30% of MBA students live on campus.. The MIT Off-Campus Housing Office is an excellent resource for locating options. Affordable housing may be found close to the campus and near the public transportation system (the Kendall/MIT red line T stop is a couple blocks away). On-campus housing is also available. Demand exceeds supply, so a lottery system is used to allocate both the single student and married student housing units.
How would you define the culture of MIT Sloan, and what kind of support programs and activities are available for strengthening relationship among students?
The student body as a whole is collaborative. You will work on small teams starting in your first semester. You will come to know everyone in your class, and be together for academic, team and social events! There are many opportunities to collaborate across programs through classes, clubs, conferences and different centers on campus. See our Student Clubs and Activities.
Do MBA students collaborate with students from other parts of the university?
Absolutely, you will see students from other degree programs in your classes (about 1/3 of our courses are cross-listed with other Schools at MIT). As an MBA student you are eligible to partcipate in all MIT clubs and activities, such as the $100K competition.
How many students have spouses or partners? Are there support programs for them?
For students with significant others (SO), we have a Significant Others of Sloan club (SOS) that hosts many events for couples, significant others, and for families with children. About 35% of our students come to MIT Sloan with a significant other. There is also a club for moms and dads called MIT Sloan Parents Club.
How would you describe the ability to interact with faculty while on campus?
You will get to know professors not only inside the classroom but outside the classroom as well. All MIT Sloan faculty offices are located in our newest building and are easily accessible. The professors are very open, and students feel comfortable approaching them in their offices and asking about career advice, project ideas, etc. MIT Sloan faculty serve as mentors and advisors to student teams, travel with students on study tours, and provide networking contacts during job searches.
Are internships available at MIT Sloan? Is an internship a mandatory part of the MBA program?
It is expected that our MBA students will do something over the summer between the two academic years. Most do internships around the world, but some stay on campus in the Martin Trust Center for MIT Entrepreneurship, for example. The Career Development Office (CDO), in conjunction with our Communications faculty, offers Career Core in the fall semester to help prepare you for the internship recruiting process. The CDO holds a career fair every spring, as well as MBA Career Days, on-campus recruiting, and a variety of networking events throughout the year to support you in your job search.
What career networks does MIT Sloan use to help students find summer internships?
Our students partner with our Career Development Advisors in order to prepare for, and find a summer internship and full time employment. Our advisors have developed strong relationships with recruiters, our MIT and MIT Sloan alumni networks around the world, and have access to other career resources and job databases.
What type of career services does the MBA program offer for summer internships and/or full-time opportunities upon graduation?
During the academic year, the CDO sponsors a number of programs and seminars designed to help you develop skills and strategies that will assist you in setting and achieving your career goals, including: Career Core, networking events, company presentations, career fairs, and job postings. The MIT Sloan alumni network and Career Resources Center provide invaluable support to our students.
How many offers did members of the most recent graduating class receive, what jobs did they accept, and what were their salaries for the first year?
You can find this information on our Employment Report page. A high percentage of our MBA students have jobs upon graduation, and close to 95% have accepted positions within the three months after graduation.
Do you have many people switching careers?
About 85% of our students are career changers, in some capacity. Many students use their two-years to explore new opportunities and try out new areas of interest. Our diverse student population provides you a broad professional network.
How does MIT Sloan help career changers?
Our Career Development Office (CDO) sponsors corporate discussions, company presentations, expert panels, and other networking events to provide a chance for you to explore many different industries, including those you may not have previously considered for a career. Career Core exposes you to specific opportunities for MBAs in today’s job market, while walking you through the career-planning process. You will also have a dedicated CDO advisor to meet with you to discuss your interests and opportunities. We encourage you to take advantage of all of the career and industry clubs—your fellow students can be a great resource as well.
Has the financial crisis impacted on-campus recruiting?
A diverse group of companies come on campus to recruit our students, now more than ever.
How many students build a start-up after their MBA?
Many of our students dream of starting their own companies. About 35 students in the class of 2012 actually started companies immediately after graduation. Read more about the Entrepreneurship & Innovations Track, as well as other programs and organizations available at MIT to help support your start-up.
Do you have a Grade Non-Disclosure policy at MIT Sloan?
We do not have a grade non-disclosure policy. Students own their grades and are free to disclose or not disclose their grades at their discretion.
What is the Leaders for Global Operations (LGO) program?
LGO is a two-year, dual-degree program in which students receive an MBA from MIT Sloan and an MS from one of seven engineering departments within the MIT School of Engineering. The program is a partnership between MIT and more than 20 global operations companies. LGO students are part of, and participate fully in, the MIT Sloan MBA program. The program, which starts in June each year, includes a 6-month internship at an LGO partner company. All students also receive a generous fellowship to attend the program. Please visit the LGO website for more information.
What's the process for considering applicants for the LGO program?
You may apply to LGO through either MIT Sloan or through one of the affiliated engineering programs. Regardless of how you apply, you will be reviewed by the same committee. If you apply to LGO through MIT Sloan, but are not admitted into the program, your application is automatically considered for round II of MBA admissions.
What is the typical background of an applicant to the LGO program?
Students come from a broad range of backgrounds. The strongest candidates have an undergraduate or graduate degree in engineering or science, at least two years of full-time work experience (three or more years preferred), and possess a strong commitment to working in operations and manufacturing.
How is the LGO course load different than the typical MBA?
LGO students must fulfill the requirements of both the MBA program and their engineering department, so the course load is somewhat heavier. Students begin the program in June and take classes through the summer. All LGO students participate in a 6-month internship at one of our partner companies. See a list of our industry partners.
Is it required to have experience specifically in operations to be considered for admittance?
Experience in operations is not a requirement for admission. We admit students with varied types of professional backgrounds, although many students do have some previous operations experience.
What are the science requirements for admittance into the LGO program? Will an undergraduate in business be considered?
We thoroughly review all applications that are submitted regardless of undergraduate degree; chances of admission may be lower without substantial engineering or science coursework.
What is the difference between LGO and the MBA when it comes to the management and finance courses taught in the two programs?
LGO students are MBA students. They take the full MBA core curriculum in the fall with their MBA classmates; they are on the same teams and in the same classes as other MBA students. In addition to their MBA requirements, LGO students also take engineering courses to fulfill their SM degree.
How do post-MBA employment opportunities differ for LGO candidates and regular MBA candidates?
With both business knowledge and technical skills, LGO students are highly sought after by both partner and non-partner companies. Over 95% of LGO students have accepted positions by graduation of each year.
Is a campus visit required?
We do not require a visit to campus. It can only aid you in your decision process when comparing schools, but we will never penalize an applicant for not being able to make the trip to Cambridge.
What is the policy for visiting MIT Sloan?
You are always welcome to visit the School. The best time to come is when we offer the Ambassadors Program when classes are in session. However, we also offer on-campus information sessions, self-guided tours, and you are welcome to drop by the Admissions office during business hours from 9 a.m. – 5 p.m. Monday through Friday. Read more about Visiting MIT Sloan.
How do I get to MIT Sloan?
“One of the reasons I came to Sloan was because I wanted to be at a top MBA institution worldwide. But I also wanted access to working with the latest innovations and the highest technology that was coming out of the MIT labs.”
“Because of the diversity of our backgrounds, when we hit the ground in Tanzania it almost was a natural play where different people assume different roles.”
“It was really rewarding that they wanted to know what we thought. We left there being fairly certain that they will do some of the things that we suggested.”
“The assistant to the CEO was like our host mom while we were there. She arranged our housing for us, she took us out to her friend’s game farm, and we got driven around in 4x4s. She was just wonderful to meet, and we developed a personal as well as professional relationship with her.”
"The relationships that we forged helped us to turn out a better project. We were able to test our hypotheses with the people that we spoke with every single day. And really, I think the friendships that you develop really propel the work that you’re doing."
“For 35 years, we’ve been studying how companies get value from information. … We try to help organizations take a more holistic view of what they are trying to do.”
“We are very much an action-learning environment. The way to learn leadership is not only through reading cases, not only through learning theory — in fact we don’t want people to regurgitate the theory. We want people to take theory and to live it, use it.”
“The conditions in the neighborhoods we were visiting were different than what we realized before getting there. Beyond that, what was surprising was that there weren’t surprises!”
“I love being in a place that is such a nexus of people and ideas — people coming to learn something new and to define themselves. Being a part of that process is a real honor and a real gift.”
“At MIT Sloan you have a lot of opportunities to explore entrepreneurship. Especially in a place like Kampala where you have a lot of development, entrepreneurship can be very exciting.”
“You could talk about watershed management and conservation of energy all you want. But until you put numbers to it and financial analysis to it, you’re not going to get much done. I came to business school to speak that language, speak with people in terms of numbers, financial numbers so that I can get projects done.”
“We’re very interdisciplinary. Among the faculty in the group are an economist, a political scientist, a sociologist, and an industrial relations specialist. We’ve always made a big effort to be open to a variety of perspectives, but also to go beyond being open to them, to want to bring them in, because it makes for a richer environment.”
“[The India Lab] program is one of the reasons I came to Sloan. ... The hands-on learning that MIT offers was a huge differentiator.”
“I knew about American business, but not enough about what’s really become a global economy. … You can read about it all you want, but there’s no substitute for being there and seeing the context and seeing how completely different these [other countries] are.”
“As the world begins to rebuild its financial infrastructure from the ashes of this economic crisis, I believe MIT is primely positioned to play a leadership role in shaping the future through its research and educational programs.”