"The Financial Engineering Proseminar is set up as a practicum, where we split up into groups and do a project for a real company. The project was challenging on multiple levels."
Statement from Dean David C. Schmittlein
This is a great MBA program. While not right for everyone, for many people, it is the best program in the world.
There are several reasons for that. If you appreciate how important successful innovation is for great companies around the world, MIT Sloan is simply more dedicated to creating effective innovation than any other leading school.
If you’re interested in a program that gives you a deep dive into the fundamentals of business, but then lets you customize a program for your own needs, MIT Sloan is built exactly around that purpose. With our high-touch tracks in entrepreneurship and finance, for instance, or a certificate in sustainability, we give you more opportunities to build the program that’s right for you.
Everyone knows that you learn management best by doing it. We have a greater commitment and greater experience base with global Action Learning, project-based learning, than any other leading school. We know more about it because we do more about it, and it prepares better managers.
This is a school that commits itself to real knowledge. I’m proud of our faculty and the way that they have built ideas that are valuable now and stand the test of time. Our alumni really do have the opportunity to have the courage of well-founded convictions.
And finally, we are a real community. We’re not the largest school of management — we are about 400 MBA students each year, and there’s a reason for that. You can really get to know 400 people over a two-year program. And I’m proud of the strength of the network that we create here at MIT Sloan, and the fact that our graduates go out and join over 120,000 MIT alumni around the world. You really get the best of both: close community, and an amazing alumni network.
Welcome to MIT. I look forward to seeing you on campus.
Dean David C. Schmittlein
“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.”
“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.”
“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.”
“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.”
“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.”
“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.”
“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 India Lab] program is one of the reasons I came to Sloan. ... The hands-on learning that MIT offers was a huge differentiator.”
"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."
“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.”
“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.”
“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 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!”
“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.”
“By training tomorrow’s leaders to manage the risks of the financial system effectively and ethically, we’ll have a fighting chance of surviving even the largest crises.”