“Going into the industry, obviously it is great to have a background at a school like MIT. Getting the MFin degree helps open doors.”
The application includes:
- Optional Question
- Letters of Recommendation
- Academic Records (Transcripts)
- Test Scores
- Application Fee
- Submission of your Application
- Interview Policy
Please prepare a business résumé* that includes your employment history in reverse chronological order, with titles, dates, and whether you worked part-time, full-time, or as an intern. 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 résumé is welcomed and encouraged. The résumé should not be more than one page in length (up to 50 lines). We provide a résumé template to follow in the online application.
Essay 1: The mission of the Master of Finance program at MIT Sloan is to create the next generation of principled, global financial leaders with state-of-the-art training in modern finance theories and methods. Our program attracts the best and brightest students who go on to advance financial management practice and improve the world. Please draw upon experiences which have occurred in the past three years.
- Please discuss past academic and professional experiences and accomplishments that will help you succeed in the MFin program. Include achievements in finance, math, statistics, and computer science as applicable.
- Describe your short-and-long-term professional goals. How will our MFin degree help you achieve these goals?
- Share personal qualities that will enable you to contribute to the advancement of our mission.
Relevant, verifiable details, such as awards, rankings, media references, etc., are requested. Responses should be written in essay format (750 or fewer words).
18-Month Pilot Essay: Applicants applying to the 18-month pilot will be required to submit an additional essay describing how the pilot structure will contribute to your academic and professional goals (250 or fewer words).
The Admissions Committee invites you to share anything else you would like us to know about you, in any format. If you choose to use a multimedia format, please host the information on a website and provide the link to us.
Letters of Recommendation
Please submit three letters of recommendation. We require one letter of recommendation from an academic source, one letter of recommendation from a professional source, and the third letter of recommendation can be from either.
- We do not accept recommendations from family members.
- Recommenders must submit recommendations online. We do not accept letters of recommendation via the mail.
- Letters of recommendation should be no longer than 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?
- If you are an academic/technical recommender, please tell us how well the applicant mastered the subject you taught or supervised and in what ways the applicant demonstrate this mastery.
- Please tell us anything else you think we should know about this applicant.
Academic Records (Transcripts)
Please scan and upload all copies of your academic records from all schools whose courses counted toward a degree. Do not mail in your official academic records or transcripts.
If your transcripts are not in English, you are required to translate them. There are several companies, such as WES, that offer translation services. We ask that you scan both the original and translated copies and submit them with your application.
Relevant Coursework: If applicable, please include details for economics, finance, math/statistics, or other relevant coursework completed, using short answer fields in the application.
Applicants admitted to the program will be required to provide an official signed and sealed transcript from each school attended. All admitted students will receive further mailing instructions after the decision deadline on where to send the materials. Any discrepancies between the scanned transcripts and official transcripts may result in a candidate’s rejection or a withdrawal of our offer of admission.
The GMAT or GRE is required of all applicants and must be taken before submitting your application. We accept both the GMAT and GRE test results and have no preference for one over the other. Once your online application is submitted, we will not allow replacement of your test scores. Test scores are only valid for five years. We calculate this using date of matriculation; therefore, we will consider all scores taken after July 1, 2011. We ask that you also include percentiles when adding your score.
MFin GMAT School Code: X5X-QS-69
MFin GRE School Code: 3845
The TOEFL and IELTS are no longer required.
MFin Application Fee: $150.00
The non-refundable application fee is payable by credit card when you apply online. 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 email@example.com at least one week before you intend to submit your online application.
We offer fee waivers to the following applicants. Applicants who qualify must email firstname.lastname@example.org at least one week before the application deadline to process these waivers:
- College seniors with U.S. citizenship, graduating from a U.S. institution in 2015 (please include your school name, graduation date, and the email address used to create the application in your email to email@example.com)
- Active U.S. military personnel
- Teach for America members/alumni
- Teach for India members/alumni
- Peace Corps members
Submission of Your Online Application
The online application is due at 3 p.m. Eastern Time on the deadline. You may complete and submit the online application at any time before the deadline. Save your work frequently, and print a copy for your own records. Please note that all required fields are marked with an asterisk (*).
Interviews are by invitation only. All candidates accepted into our program will be interviewed in person. 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 interview by email at any time up until the decision deadline. Decisions will be released early for some candidates who will be denied admission without an interview. We conduct interviews in person. 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. Generally, interviews are conducted on weekdays and during business hours.
“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.”
“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!”
“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.”
“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.”
“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 came to Sloan because of its high rankings within the sustainability community, specifically the professors. The S-Lab class itself is part of what drew me to Sloan. And the reason I came to business school was to learn the business speak that really is what connects with people."
“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.”
“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 classroom itself is filled with so much collective brain power . . . it's obvious that I'm caught up in a room full of 124 of the brightest, most curious people from around the world."
“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.”
“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.”
“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.”
"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."
“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.”
“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.”
"You’re taking courses, many of which are project courses. You get your hands dirty, work with faculty on real, challenging problems."