Beyond Best Practice

Creating cutting-edge business practices

At MIT Sloan, the instinct for invention and reinvention is deeply embedded in the culture. Nothing is taken for granted, and everything is approached from a fresh perspective.

MIT Sloan pioneered the science of management, and engineered innovations that have changed the face of global business. System Dynamics, Marketing Science, McGregor’s Theory X and Theory Y, and the Black-Scholes-Merton derivatives pricing model are just few examples of the unprecedented innovations originating from MIT Sloan.

MIT Alumni, steeped in innovative learning and practive, have founded many notable international corporations including Eastman Kodak, Hewlett-Packard, Raytheon, McDonnell Douglas, Texas Instruments, Digital, Intel, Bose, Polaroid, Campbell Soup, Gillette, Teradyne, and Zipcar.

Members of the MIT community constantly share new research and techniques that redefine the agenda in their field. By learning a scientific approach to management, graduates of the MIT MBA program are well poised to continue in that tradition.

Inventing New Fields

MIT Sloan graduates don’t just follow cutting-edge business practices — they create them by using quantitative and qualitative techniques. As the birthplace of quantitative finance, system dynamics, and marketing science, the School positively hums with energy that empowers such advanced breakthroughs. Invention and innovation here are cross-cultural, multidisciplinary, and intergenerational. Both are the results of collaborative excellence and the strong belief that, with extensive knowledge, deliberate effort, and entrepreneurial energy, the possibilities are endless.

Action Learning

"Mens et Manus" — MIT's motto, translates from the Latin to “Mind and Hand.” This “learning by doing” mindset permeates the MIT Sloan experience and ensures that our students learn what they will need to know to make a powerful impact as leaders in their chosen careers.

MIT Sloan is unmatched in the depth and breadth of its Action Learning opportunities. The School developed its modern Action Learning programs in 1992 with the advent of the Entrepreneurship Lab (E-Lab). E-Lab pairs interdisciplinary student teams with local business startups for targeted consulting with successful entrepreneurs. In our other, more globally diverse Labs, the student learning environment extends into the villages, cities, commerce centers, and boardrooms of the international marketplace. With Action Learning at MIT Sloan, you’ll have the opportunity to travel to strategic global business regions as varied as Silicon Valley and sub-Saharan Africa and to consult with some of the world’s most respected industry, government, and high-tech leaders — and with leaders in the making.

Reinventing Finance

Finance at MIT Sloan is integrated with MIT’s world-renowned Economics program. Breakthroughs in financial economics are regularly associated with MIT, and many of the most applied theories in business and on Wall Street — including system dynamics, operations research, and quantitative strategies — were born here. Our faculty is known for including the world’s most influential thought leaders in finance and economics — including Black, Scholes, Merton, Samuelson, Wang, Ross, Cox, Lo, and Myers, to name just a few.

Tours and Treks

Study Tours provide you with a course credit opportunity to identify an issue that you feel passionately about addressing, recruit faculty support, design a curriculum, and partner with participating organizations to address an industry challenge. Examples of Study Tours include a clean energy study tour to Europe and an education study tour to Brazil.

Study Treks are more informal, student-organized group trips that are supported by the Career Development Office. These Treks focus on areas with a high density of relevant businesses. Recent Treks have included visits to Japan, New York, France, Korea, Las Vegas, India, Silicon Valley, and Turkey.

Career Roadmaps

MIT Sloan offers a wide variety of career roadmaps that can assist you in creating your own path through the curriculum, helping you to focus on the best course for the future of your chosen career. If you’re undecided about which path is right for you, our career resources staff can assist you in narrowing your choices.

 

CENTER FOR INFORMATION SYSTEMS RESEARCH Bringing people and machines together

“The concept behind enterprise architecture is that you have all these machines, you have all these business processes, you have all these people doing things, how do you make sure they all come together and achieve business objectives that make you more competitive.”

Jeanne W. Ross
Director and Principal Research Scientist, CISR
COURAGE AND STRENGTH Supporting a student with breast cancer
"The Sloan community really rallied around me in a way that I totally didn’t anticipate. … It was just really nice to be a part of a community that I was totally comfortable in and felt completely supported by."
Kyle Maner
MBA
SWITZER FELLOWSHIP WINNER JASON JAY Focusing on environmental research and leadership

 “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.”

Jason Jay
Lecturer, Sustainability, MIT Sloan
G-LAB: WARMBATHS HOSPITAL, SOUTH AFRICA Improving staffing at a maternity ward

“I can honestly say that when I was planning on coming to business school I never thought that witnessing the birth of a child would be included in the education. It was definitely an experience.”

Kelsey McCarty
MBA
INDIA LAB: BANGALORE Working toward market expansion

“These companies are really excited to work with MIT students.They reach out to the community to set up these projects and are great to work with. They give us access to all their resources and are very open to us.”

Katie Baron
MBA
SLOAN FELLOW Getting serious about going global
"This year we were so fortunate to have 26 nationalities. So it was amazing exposure. I feel much more well rounded as a global business maker than I was before."
Abner Oliviera
SF
INDIA LAB: EDUCATIONAL ENHANCEMENT Creating employable workers to boost the economy

“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.”

Ted Chan
MBA
G-LAB: MERCY CORPS, INDONESIA Using business principles to address malnutrition

“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!”

Libby Putman
MBA
G-LAB: INTERGRUPO, COLOMBIA Growing a business by cultivating relationships

"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."

Ramy Hakim
MBA
RETAIL AND CONSUMER GOODS Luxury beauty and the multicultural consumer
"The goal of the Retail and Consumer Goods Club is to provide networking opportunities for students at MIT Sloan, and to educate students about different functions within the retail and CPG space. We bring in executive-level speakers to educate our community on this topic."
Nga Phan
MBA, co-president of Retail and Consumer Goods Club
$100K WINNERS: C-CRETE TECHNOLOGIES Reducing the environmental impact of concrete

“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.”

Natanel Barookhian
MBA
G-LAB: PRIVATE HEALTH CARE IN AFRICA Defining growth at a for-profit clinic

“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.”

Anne Reilly
MBA
G-LAB, RAS RESORT, INDIA Marketing in Mumbai
"The network of alumni was helpful because our team had a lot of experience in consulting, but not in private equity."
Gerardo Guzman
MBA
INSTITUTE FOR WORK AND EMPLOYMENT RESEARCH Adapting to the changing nature of work

“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.”

Thomas Kochan
Co-director, IWER
G-LAB: AIDS IN TANZANIA Striving for economic empowerment

“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.”

Krishna Venugopalan
SF
S-LAB: JAKARTA WATERSHED Combating a clean water crisis

“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.”

Ian Lavery
MBA
G-LAB, KUALA LUMPUR Assessing the future of the Smart Card
"You have to manage what you can deliver for the company and what the company is expecting. The bottom line is that the CEOs of those companies want results. Even though we have to work five months in a row with the project, we have to deliver. This experience is more pragmatic than academic. It's a good opportunity to match those two worlds."
Camilo Syllos
MBA
MIT LEADERSHIP CENTER Changing views of leadership

“Our mission, along with the mission of MIT Sloan, is to both develop leaders who make a difference in the world, and also to make a contribution to thinking about the topic of leadership.”

Deborah Ancona
Faculty Director, MIT Leadership Center
SLOAN FELLOW Merging disciplines for climate change
"I needed to get a better understanding of the interaction of management and technology. And I think MIT is an obvious place for that. There’s probably no better place in the world [for learning] how technology and management interact."
Pascal Marmier
SF
G-LAB: NAM MEE BOOKS, THAILAND Helping a book publisher mature

“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.”

Lia Cavalcante
MBA
LEADERS FOR GLOBAL OPERATIONS Connecting management and technology
“[LGO students] get the advantage of a small cohort. But they’re also part of the larger community. They’re part of MIT, of MIT Sloan, of the MBA program. They’re part of the core program that meets every fall, they’re part of the engineering committee; they get the benefits of both the larger community and the small cohort.”
Don Rosenfield
senior lecturer and director of the Leaders for Global Operations

“One of my favorite things about teaching at MIT Sloan is the diversity and high quality of students. They are eager to learn new things, they think independently and they're willing to tackle difficult issues.”

- Antoinette Schoar
Michael Koerner ’49 Professor of Entrepreneurial Finance