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Massachusetts Institute of Technology

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Massachusetts

United States

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Program Rank

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An MS in Business Analytics degree at Massachusetts Institute of Technology provides an exceptional opportunity for international students to develop their expertise in applying modern data science and machine learning methodologies to tackle real-world business issues. This innovative Master of Science in Business Analytics program at MIT is designed for both working professionals and recent graduates aiming to either launch or significantly enhance their careers in business analytics. With a unique blend of rigorous coursework and hands-on experience, students are equipped with the necessary skills to thrive in the rapidly evolving landscape of data-driven decision-making.

The program spans a concise yet intensive 12 months, during which students will immerse themselves in a curriculum that includes critical subjects such as predictive modeling, data visualization, and big data analytics. The comprehensive curriculum of the MIT Sloan Master of Business Analytics program prepares students to confront and solve complex business challenges through the lens of data science. With a strong emphasis on applying theoretical knowledge to practical scenarios, students will learn how to interpret data, derive insights, and implement strategies that drive business results.

The faculty at MIT Sloan are industry leaders and renowned scholars who bring a wealth of knowledge and real-world experience into the classroom. Their teaching methodologies emphasize experiential learning, encouraging students to engage actively with the material. This approach not only enhances understanding but also fosters a collaborative learning environment where students can share diverse perspectives from their varied backgrounds. Faculty members are dedicated to mentoring students, providing personalized guidance that is instrumental in shaping their professional journeys.

One of the standout features of the MS in Business Analytics program at MIT is its strong focus on research opportunities and access to extensive resources. Students have the chance to engage in cutting-edge research projects, often collaborating with faculty and industry partners. The program is closely aligned with various research initiatives at MIT, allowing students to contribute to innovative studies that can redefine practices in business analytics. Furthermore, access to MIT's extensive library and state-of-the-art data analytics tools provides students with the resources needed to excel in their research endeavors.

Industry connections and internship opportunities are vital components of the MIT Sloan experience. The program boasts a robust network of corporate partners, providing students with access to exclusive internships and job placements. Students have the chance to work with high-profile companies during their studies, gaining practical experience that is invaluable in today’s competitive job market. The emphasis on real-world applications ensures that graduates are not only knowledgeable but also work-ready, equipped with the tools and insights needed to succeed in their roles.

Upon graduation, students of the MS in Business Analytics program can expect a plethora of career pathways available to them, with roles such as Business Systems Analyst, Business Intelligence Analyst, and Operations Manager among the many lucrative options. The program prides itself on an impressive graduation rate of 95% and a job placement percentage of 31%, highlighting the effectiveness of its educational approach. Graduates have consistently reported significant salary increases, with a median base salary of $165,000, demonstrating the high value employers place on the skills acquired through this program.

Alumni of the Massachusetts Institute of Technology's MS in Business Analytics program have gone on to achieve remarkable success in various sectors, with many taking on leadership roles within Fortune 500 companies. Testimonials from graduates emphasize the transformative impact the program has had on their careers, citing the combination of rigorous academic training, strong industry ties, and a collaborative learning environment as key factors that have shaped their professional paths. These success stories serve as a testament to the program's commitment to excellence and its ability to equip students with the skills necessary to excel in the field of business analytics.

Why Study Business Analytics at Massachusetts Institute of Technology?

  • World-class faculty comprised of leading experts in data science and business analytics.
  • A concise 12-month program that combines rigorous coursework with practical, hands-on experience.
  • Access to cutting-edge research resources and opportunities to work on innovative projects.
  • Strong connections with industry leaders and opportunities for internships with high-profile companies.
  • High graduation and job placement rates, showcasing the program’s effectiveness in preparing students for successful careers.
  • A diverse student body that enriches the learning experience through varied perspectives and backgrounds.

To apply for the Master of Science in Business Analytics program, prospective students should meet certain requirements. While the program does not require standardized test scores, candidates must submit a completed application which includes an application fee of $150. Essential documents include official transcripts, professional and academic letters of recommendation, a resume, and a video interview. Additionally, international students must provide proof of English proficiency through the TOEFL, with a minimum score of 90 out of 120.

In summary, the MS in Business Analytics at MIT stands out as a prestigious and comprehensive program that prepares students for the dynamic world of data analytics. By equipping them with the necessary skills, insights, and connections, the program ensures that graduates are well-positioned to make significant contributions to their organizations and succeed in their careers.

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Total Tuition Fees

$87,600

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Duration

12 Months

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Median Salary

$1,65,000

Ranking

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#2

US World and News Report

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#5

The World University Rankings

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#1

QS World University Rankings

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Intake

Spring ( Apr - June )

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Fall ( Sept - Nov )

Class Profile

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Class Size

80

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Average Age

23

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Average Work Experience

2 Years

Diversity

Black or African American:

12%

Others:

8%

Two or more races:

5%

Asian:

15%

Hispanic or Latino:

12%

White:

48%

Career Outcomes

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Median Earnings After Graduation

$1,65,000 / year

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Graduation Rate

95%

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Job Placement

31%

Prospective Job Roles

Business Systems Analyst

Business Analyst

Business Development Manager

Statistician

Business Intelligence Analyst

Data analyst

Data Architect

Operations Manager

Market Research Analyst

Operations Research Analyst

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • TOEFL

    90

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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Application Fee: 150

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    Transcript

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    Academic LOR

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    Academic LOR

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    Professional LOR

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    Passport

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    Essay

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    Resume

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    Video Interview

Application Deadlines

Fees and Funding

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Tuition Fees

$87,600 / year

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Overall Cost

$1,12,600 / year

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Average Total Aid Awarded

$59,142 / year

Funding Options

Department Funding

Scholarships

MIT International Excellence Scholarship

The International Excellence scholarship is merit-based and is available to new students. This scholarship will cover 20 per cent of program tuition fees.


Scholarships are awarded based solely on financial need and come from our endowment, gifts from MIT alumni and friends, and MIT general funds. About 58% of our undergraduates receive MIT Scholarships. The median MIT Scholarship was $63,729 for 2022–2023.


All students who apply for financial aid and fill out the CSS Profile⁠01  are automatically considered for an MIT Scholarship

FAQs

  • There are no prerequisites for admission, but applicants are encouraged to review the curriculum online and ensure that they have the necessary math and programming skills needed to be successful in the required coursework. Our application also asks about your familiarity and comfort level with certain programming languages.

  • The short answer is no. While some MBAn applicants have several years of experience, this is not a requirement for admission. A significant number of our students are recent college graduates who have completed an internship before enrolling in the MBAn program. Others have up to three years of full-time work experience.

  • Yes, an internship is professional work experience and will be considered in your application. Your internship may either be paid or unpaid, as long as you were hired directly from the Human Resources department at that company.

  • If you are invited to interview, you will meet one-on-one with a member of the Admissions Committee. The interview is both behavioral and technical. As part of the technical interview, you may be asked math, probability, statistics and/or computer science questions relevant to fields of data science and analytics. You will also be asked behavioral questions that help us to learn more about how you work with a team, make decisions, and solve problems. Your interview will last about 30 minutes. All interviews will be conducted virtually.

  • Yes! The interview is an important and required component of the admissions process. Our goal with the interview is to get to know you better and understand the strengths you’ll bring to the MIT Sloan community. During the interview, we also look for professional presence and communication, as well as English language proficiency.

  • The GRE and GMAT are components of the application process and play an important role in our evaluation process. If your current situation prevents you from being able to submit a test score, the MBAn program will allow candidates to submit their application without the test and review their submitted material as is and without negative inferences.

  • We assess English language ability during our interviews.

  • No. This is not required to apply to the MBAn program.

  • One letter must come from someone who can speak to your quantitative abilities. A suggestion would be a faculty member from a STEM discipline. If you are a current student, you should submit three academic letters of recommendation. If you are working full-time, you should submit two academic letters of recommendation and one letter from your most recent employer.

  • No, the MBAn program does not have rolling admissions. Applications will be reviewed after the deadline.

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