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All You Need to Know About Getting into MIT Sloan’s MBA

All You Need to Know About Getting into MIT Sloan’s MBA main image

A full-time MBA from MIT Sloan School of Management is one of the most sought-after degrees amongst b-school candidates. The program is based in Cambridge (MA) and is ranked third in the QS Global MBA Rankings 2020, attracting talented applicants from across the globe every year.

If you’re dreaming of landing a spot on MIT Sloan’s MBA program, here’s everything you need to know about the school.

MIT Sloan’s class profile

Acceptance rate (%)

14.6

Class size

409

Avg. work experience

5

Female students (%)

42

International students (%)

38

MIT Sloan is the third most competitive school in the US, with an acceptance rate of 14.6 percent. The MBA program has one of the largest entering classes in the country with 409 students recently enrolled, giving more applicants the opportunity to embark on a top b-school journey.

As Jeff Carbone, Associate Director of Admissions at MIT Sloan from 2012 until 2016, told TopMBA: “We are part of one of the greatest institutions in the world and we value the opportunities for collaboration across the institute.

“We are looking for the best and the brightest from all backgrounds. Our students are smart, grounded, collaborative and impact-oriented.”

MIT Sloan’s MBA program

MIT Sloan offers two full-time MBA programs – the flagship MIT Sloan full-time MBA program, completed over two years, and an immersive, one-year, full-time Sloan Fellows MBA program aimed at mid-career executives. The school focuses on “innovation in practice and research” and has originated many of today’s most influential theories of finance and management.

The flagship MIT Sloan full-time MBA is a two-year residential program and the most popular MBA offering. It combines classroom discussion led by expert faculty with collaborative, hands-on projects hosted by global organizations. Students can customize their curriculum with MBA Tracks in Enterprise Management, Entrepreneurship and Innovation, and Finance.

Following MIT Sloan tradition, in the first semester, students are grouped into six cohorts where they’ll tackle course challenges together and create long-lasting professional bonds.

MIT Sloan’s MBA application

The selection for MIT Sloan’s MBA cohorts is competitive. The school says it welcomes applications from graduates from all educational areas, including the humanities, the social and physical sciences, business and engineering.

As part of their application, candidates are required to submit a cover letter, a one-page resume, a letter of recommendation, test scores, academic transcripts, an organizational chart of their department and company, and a video statement.

In the one-minute video statement – the most unique part of the application process – applicants need to introduce themselves to their future classmates, tell recruiters about their past experiences and explain why MIT Sloan is the best place for them to pursue their postgraduate degree.

Jeff Carbone said: “We want to get to know our applicants better. Applicants should be themselves. Sometimes they feel the need to fit a mold of what they think we are looking for. That is not the case. We are looking for people from a variety of backgrounds and who are pursuing their passions.”

You can find all application deadlines for MIT Sloan’s MBA here.

MIT Sloan’s graduate employability

According to QS data, MIT Sloan has one of the highest employment rates in the US, with 95 percent of MBA graduates landing a job after graduation.

The MBA Class of 2019 boasted a median base salary of US$140,000, with a median signing bonus of US$30,000. According to MIT Sloan data, 45 percent of job-seeking graduates accepted positions at top employers, including Bain & Company and IBM, while 55 percent accepted opportunities at large, mid-sized and start-up companies.

Most MIT Sloan graduates advance in the consulting, technology and finance industries.

Written by Linda Mohamed

Linda is Content Writer at TopMBA, creating content about students, courses, universities and businesses. She recently graduated in Journalism & Creative Writing with Politics and International Relations, and now enjoys writing for a student audience. 

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