Business School Profiles

aberdeen
MIT Sloan School of Management
Phone: +1-617-253-2659
Email: mbaadmissions [at] sloan.mit.edu
Address: 50 Memorial Drive, Cambridge, Massachusetts 02142

Rankings

Businessweek 9
US News 4
Financal Times 7
Economist Intelligence Unit 18

Class Profile

Class Size 760
Gender Female: 35% / Male: 65%
Years of work experience 4.8
Average age 28
International Students 35.6%
US 64.40
North America 61.40
Asia / South Pacific 22.70
Europe 7.80%
Central / South America 6.80%
Africa <1%
Oceania <1%

Admissions

Round 1 Oct 27, 2009
Round 2 Feb 1, 2010
Early decision No
GMAT Middle 80 GMAT Score: 650-760
Average GPA 3.56

Application Requirements

Undergraduate Degree Undergraduate Degree
GMAT/GRE GMAT/GRE
TOEFL TOEFL required for international students
Recommendations 2
Transcripts Yes
Resume Yes
Cover Letter Yes
Essays Yes
Interview Required interview by invitation only
Application Fee $230

Program Cost

Tuition $46,784
Books and Supplies $1,800
Computer $5,000
Food $4,460
Insurance $1,570
Personal $2,808
housing $10,764
Transportation $2,496
Fees $250
Total $75,932

Intro

MIT Sloan is a place for visionary pragmatists, for hands-on thinkers, for people who dream of changing the world and have the plan and the passion to make it happen. MIT's motto IS mens et manus (“mind and hand”). MIT Sloan looks to combine theory and practical application to both enhance careers and improve the world.

MIT Sloan's reputation for strong academics combined with faculty who are dynamic thinkers and world leaders in their respective fields gives students a powerful and transformational academic experience. Utilizing a combination of case studies, collaborative team projects, lecture and live case discussion, intense interaction with industry leaders, and hands-on labs classes, MIT Sloan professors work to instill world-class business skills, and create leaders with real-world experience.

Learning Style

In the first-semester core, students work with five or six classmates on required course work in economics, accounting, managerial communication, business statistics, and organizational processes (as well as an elective in either strategic marketing or finance). And they absorb lessons on teamwork.
 
The core allows students great freedom in pursuing unique goals throughout the rest of their time at MIT Sloan. And students enjoy the company and intellectual stimulation of their cohort — a group of roughly 60 students (made up of 10-12 teams) who take their courses together.

Curriculum

Pre-Term

A focused two-week session before the start of classes, Orientation includes group exercises, where students grasp that a crucial part of leadership is the ability to define complex problems, and bring diverse skills and people together to get things done. Orientation includes exercises that help students pinpoint what they hope to gain from their two years at MIT Sloan. Activities like picnics and Red Sox games encourages students to get to know each other and learn their way around the city.

The First-Semester Core Requirements

   1. Economic Analysis for Business Decisions
   2. Data, Models, and Decisions
   3. Leadership and Personal Effectiveness Coaching
   4. Communication for Managers
   5. Organizational Processes
   6. Team Project — Special Seminar in Organization Studies
   7. Financial Accounting
   8. Choice of either Finance Theory I or Marketing Management

Electives

Electives can be chosen from these 18 areas:

Accounting
Communication
Corporate Strategy and Policy
Finance
Health Care Management
History, Environment and Ethics
Industrial Relations and Human Resource Management
Information Technologies
International Management
Law
Leadership
Managerial Economics
Marketing
Operations Management
Operations Research/Statistics
Organizational Studies
System Dynamics
Technology, Innovation and Entrepreneurship
 
Entrepreneurship & Innovation Track (E&I)

The new E&I track focuses on launching and developing emerging technology companies. E&I students immerse in a rigorous curriculum led by distinguished faculty and thought leaders in the field. The program — consisting of four required courses and six additional electives — is highlighted by weekly dinners and access to key faculty and leaders in entrepreneurship and venture capital. E&I students receive a Certificate in Entrepreneurship and Innovation in addition to the MBA degree.
 
Finance Track

Track in Finance consists of required courses, electives, and extra-curricular activities to prepare MBA students for finance careers. Any student may participate and will receive a Track in Finance Certificate in addition to their MBA degree.
 
Sloan Innovation Period (SIP)


SIP enables students to hear directly from faculty about cutting-edge research and to participate in intensive leadership seminars. SIP also provides a forum for students to develop general business knowledge and exposes them to a wide variety of speakers, presentations, and events.
 
Sustainability Lab (S-Lab)

Utilizing a collaborative, interdisciplinary approach to sustainability challenges, S-Lab is jointly taught by seven of the School's top faculty and features opportunities to work with a variety of companies as they confront environmental and social business challenges.

International Perspective

Global Entrepreneurship (G-Lab)

G-Lab is a landmark program that links teams of MIT Sloan MBA students with entrepreneurs in emerging nations. The students share their knowledge, experience, and research with these business owners, helping them to design market strategies, rethink practices and priorities, and devise solutions to specific challenges. Meanwhile, the students get intensive training in challenging global environments where they put to use the skills they have developed in business and global networking.ro

 
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