MIT Sloan students set class gift record

Published: July 12, 2013

All 69 MIT Executive MBA graduates give; gifts support future MIT Sloan students


			The MIT Sloan MBA Class of 2013The MIT Sloan MBA Class of 2013

Every member of the MIT Executive MBA Class of 2013 contributed to the class gift this year, helping to drive MIT Sloan to its largest student class gift year ever.

Combined, students in the School’s MBA, Leaders for Global Operations, Executive MBA, and Master of Science in Management Studies programs gave $419,996 as a class gift.

At MIT Sloan, class gift contributions are made to the School’s annual fund, an unrestricted fund that supports innovative new programs and courses, offers fellowships to attract the best and brightest prospective students, funds groundbreaking research projects, and expands MIT Sloan’s network of action learning labs, among other initiatives.

Class gifts this year could also be directed to the MIT Sloan Guo Heng Fellowship Fund, established in memory of Heng “Nikita” Guo, an MIT Sloan MBA student who died in October 2012, and the Sean A. Collier Memorial Fund, established in memory of MIT Police Officer Sean Collier, who was shot and killed in the days following the Boston Marathon bombing.

All 69 members of the MIT Executive MBA Class of 2013 donated or pledged to the gift, contributing $224,025. Established in 2010, the rigorous, 20-month Executive MBA program is designed for mid-career executives. Classes meet in a series of weekend sessions and week-long modules.

“The class is an amazing group of people. But the 100 percent participation speaks more about the quality of the program, the staff, and the faculty. It was a truly transformative experience for all of us,” said Karthik Bala, EMBA ’13, who is co-founder, CEO, and chief creative officer at video game developer Vicarious Visions.

“I think we all joined the EMBA program to make a difference in the world and to make an even bigger impact than we have done in our careers,” he said. “Giving back to Sloan to help future students do the same is part of that.”

Graduates of the MIT Sloan MBA Class of 2013 and the MIT Leaders for Global Operations Class of 2013 gave or pledged a total of $190,451. Gifts were made by 333 students, 84.7 percent of the class. (Students in the dual-degree MIT Leaders for Global Operations program receive an MBA from MIT Sloan.)

Thirty-one students—88.6 percent—in the Master of Science in Management Studies Class of 2013 gave or pledged a total of $5,520. The two-semester program offers a Master’s degree for students from non-U.S. business schools.