FAQs

The 2024 application is now closed. The next opportunity to apply for the program will be for 2025 admission. The 2025 application will open in September 2024.

No, we do not offer rolling admissions.

Yes. A non-refundable application fee of $95.00 is required and must be submitted online via credit card with your application.

No, we do not offer distance learning, or a part-time program.

Either GMAT or GRE is required. Non-native English speakers are also required to submit TOEFL or IELTS. We are not offering pandemic-related waivers, though at-home testing is allowed.

There is no minimum GMAT or GRE test score required, although the faculty are most interested in applicants with the highest quantitative scoring. 

There is an MIT minimum TOEFL requirement of 577 for the paper testing and 90 for the internet-based test. 

The minimum score required for the IELTS is 7.

All non-native English speakers are required to submit a TOEFL or IELTS score. You are waived from this requirement ONLY if you have attended all years of an undergraduate program conducted solely in English, and are a graduate of that program. Associates and Masters degrees earned in English speaking countries or other studies conducted in English do not qualify for waivers from this requirement.

If, upon review, faculty is interested in your application with a missing required TOEFL or IELTS score, we will contact you at that time to request a score.

The faculty are looking for research skills and potential, and focus primarily on your research statement, recommendations, transcripts, and test scores. We also encourage you to include a writing sample (required for applicants to the Finance group).

No, a bachelor's degree (or equivalent) is required.

Yes, financial aid is offered, and international students are eligible. The funding package covers a period of five years, guaranteed to students in good standing. Students receive full tuition and health insurance plus a stipend of approximately $47,016 before taxes. Funding is comprised of a fellowship combined with a research or teaching assistantship.

Interviews are only granted to short-listed candidates. After reviewing all applications, faculty will contact you if they are interested in interviewing you. 

It takes an average of six years to complete the program (even if you have a Master's degree)—two years of coursework and approximately three to four years of research and writing.

Our program prepares people for careers in academic research and teaching.

The MIT Sloan PhD Program administers to our full-time doctoral students only. Part-time study is considered “special student status” by MIT, and is overseen by the Office of Graduate Education. Please see http://oge.mit.edu/.