logo
  • uni logo

QS Rank:

verified

1

uni logo

Massachusetts Institute of Technology

flag

Massachusetts

United States

The Master's in Business Administration program at the Massachusetts Institute of Technology (MIT) is a premier educational opportunity for those aspiring to excel in the dynamic world of business. This program is meticulously designed to equip students with the essential skills, knowledge, and leadership capabilities needed to navigate complex business landscapes. With a rigorous curriculum, students delve deeply into essential business concepts such as finance, marketing, operations, and strategic management, thus preparing them for a wide array of career paths in the vibrant business sector. The program spans 24 months of intensive study, culminating in a rich learning experience that transforms students into innovative leaders ready to tackle the challenges of the 21st century.

The curriculum is structured to provide a multifaceted understanding of Business Administration and Management. Core courses reinforce foundational knowledge in areas such as accounting, economics, organizational behavior, and quantitative analysis. Students also have the option to choose from a wide array of electives, allowing them to tailor their education to their interests and career goals. Among the standout courses offered are Entrepreneurship, Data-Driven Marketing, and Global Operations Management, which provide students with critical insights into modern business practices and innovative strategies.

Faculty expertise is a hallmark of the MIT Sloan School of Management, with professors who are not only accomplished academics but also seasoned professionals in their respective fields. The teaching methodology emphasizes a hands-on approach, encouraging students to engage in practical problem-solving scenarios through case studies, simulations, and collaborative projects. This pedagogy fosters critical thinking, creativity, and teamwork, essential traits for success in today’s business environment. Students also benefit from direct mentorship opportunities, working closely with faculty members on research projects that align with their academic and career objectives.

Research opportunities are abundant at MIT, supported by state-of-the-art facilities and resources. In addition to coursework, students can engage in various research initiatives that explore pressing business issues, contributing to the field's evolving landscape. The school's research centers, such as the MIT Initiative on the Digital Economy and the MIT Entrepreneurship Center, provide platforms for students to collaborate on projects that have real-world implications. This commitment to research helps students cultivate analytical skills and a deeper understanding of the mechanisms driving economic growth and business innovation.

The program also boasts a robust network of industry connections and internship possibilities, which are vital for career advancement. MIT’s location in Cambridge, Massachusetts, a hub for technology and innovation, provides students with unparalleled access to leading companies and startups. The program emphasizes experiential learning through internships, allowing students to gain invaluable work experience and build professional networks. Furthermore, MIT Sloan has established partnerships with a wide range of organizations across various sectors, enhancing students’ career prospects upon graduation.

Upon completing the Master's in Business Administration program, graduates are well-prepared to enter diverse career pathways, including roles such as Product Manager, Financial Analyst, Marketing Manager, and Consultant. The average base salary for graduates is an impressive $130,000, reflecting the high demand for skilled professionals in the business world. Alumni of the program have gone on to achieve remarkable success, with many occupying leadership positions in top companies worldwide. Testimonials from graduates highlight the transformative impact of the program on their careers, emphasizing the strong foundation it provided for their professional journeys.

The Master's in Business Administration at MIT is distinguished not only by its world-class curriculum but also by its strong sense of community and collaborative ethos. Students from diverse backgrounds come together to learn, share ideas, and challenge each other, fostering an enriching environment conducive to personal and professional growth. This focus on diversity enhances the learning experience, preparing students to work effectively in multicultural and global contexts.

Why Study Business Administration at Massachusetts Institute of Technology

  • A world-renowned institution ranked among the top global universities, offering an elite education in business.
  • Access to an extensive network of successful alumni and industry leaders, fostering strong professional connections.
  • Opportunities for hands-on experiential learning through internships and real-world projects with leading organizations.
  • A diverse and inclusive community where students from various backgrounds collaborate and innovate.
  • Comprehensive career support services to assist students in achieving their professional goals and securing employment post-graduation.

Admission to the program is competitive, with specific requirements for prospective students. Applicants should hold a bachelor's degree from an accredited institution and are required to submit standardized test scores such as the GRE. Furthermore, non-native English speakers must provide proof of English proficiency through standardized tests like the IELTS (minimum score of 7.0) or TOEFL (minimum score of 90). Academic transcripts, a resume, and letters of recommendation are also necessary as part of the application process. The application deadline for the Fall intake is September 28th, 2023.

In conclusion, the Master's in Business Administration at MIT is an exceptional program designed for those who aspire to lead and innovate in the business realm. Through a combination of rigorous academics, practical experiences, and a vibrant community, students are prepared to make significant contributions to the global business landscape. This program not only enhances knowledge but also cultivates the next generation of business leaders, making it a smart choice for anyone looking to elevate their career in business administration.

intake

Total Tuition Fees

$82,000

intake

Duration

24 Months

intake

Median Salary

$1,20,000

Ranking

icon

#2

US World and News Report

icon

#5

The World University Rankings

icon

#1

QS World University Rankings

intake

Intake

Fall ( Sept - Nov )

Class Profile

intake

Class Size

409

intake

Average Age

25

intake

Average Work Experience

5 Years

Diversity

Black or African American:

12%

Others:

8%

Two or more races:

5%

Asian:

15%

Hispanic or Latino:

12%

White:

48%

Career Outcomes

intake

Median Earnings After Graduation

$1,20,000 / year

Prospective Job Roles

Product Manager

Technology Analyst

Financial Analyst

Investment Banker

Marketing Manager

Business Analyst

Strategy Consultant

Sales Manager

UX Designer

Consultant

Top recruiters

logo
logo
logo
logo
logo
logo
logo
logo

Eligibility Criteria

English Proficiency Tests

  • IELTS

    7

    tooltip
  • TOEFL

    90

    tooltip

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.

  • intake

    Transcript

  • intake

    Resume

  • intake

    Academic LOR

Application Deadlines

Round 1
FallSep 28, 2023

Fees and Funding

intake

Tuition Fees

$82,000 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The Massachusetts Institute of Technology (MIT) offers a variety of scholarships for students pursuing a Master of Business Administration (MBA). These scholarships are based on merit, financial need, or a combination of the two. The most prestigious scholarship is the Sloan Fellowship, which is awarded to students with outstanding academic and leadership potential. Other scholarships include the MIT Alumni Association Scholarship, the MIT Women in Business Scholarship, and the MIT Global Impact Scholarship.
  • icon

    Sloan Fellowship

  • icon

    MIT Alumni Association Scholarship

  • icon

    MIT Women in Business Scholarship

  • icon

    MIT Global Impact Scholarship

FAQs

  • A student can complete Business Administration at Massachusetts Institute of Technology with in 24.
  • The deadline to submit an admission application for Business Administration at Massachusetts Institute of Technology is Application deadline Fall (Round 1) - date - 28/09/2023
  • The application fee to pursue Business Administration at Massachusetts Institute of Technology is USD 250 for international students.
  • The annual tuition fee to pursue Business Administration at Massachusetts Institute of Technology is USD 80400.
  • The submission of these scores mainly depends on the type of degree/ course selected at the Massachusetts Institute of Technology. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Massachusetts Institute of Technology requirements before submitting a score.
  • Business Administration can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of Massachusetts Institute of Technology, they can easily pursue Business Administration. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at Massachusetts Institute of Technology can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Massachusetts Institute of Technology website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at Massachusetts Institute of Technology by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

Ready to elevate your study abroad journey?

Book a call with us now and take the first step towards your global future!

Connect with us on our social media

  • icon
  • icon
  • icon
  • icon