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QS Rank:

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1

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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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5

The MBA in Business Administration at the Massachusetts Institute of Technology (MIT) is a transformative program designed to equip students with the essential skills and knowledge for success in today’s dynamic business landscape. This prestigious program is recognized globally, consistently ranking within the top tiers of business education. With a focus encompassing a blend of theoretical principles and practical applications, students delve into core subjects such as finance, marketing, operations, and strategy, all while harnessing the innovative spirit that MIT embodies. The curriculum is meticulously structured to ensure graduates emerge as proficient leaders capable of navigating complex business challenges and driving organizational success.

Throughout the 24-month journey, students engage in a rigorous curriculum that includes specialized courses tailored to meet the ever-evolving demands of the business world. Core subjects provide a strong foundational knowledge, while elective courses allow students to tailor their academic path according to their interests and career aspirations. The program also emphasizes experiential learning through real-world projects, case studies, and opportunities to engage with industry leaders. Students can explore various concentrations such as entrepreneurship, sustainability, and digital transformation, all designed to hone their skills in areas that matter most in the current business climate.

The faculty involved in the MBA program consists of world-renowned scholars and industry practitioners who bring a wealth of knowledge and experience to the classroom. Committed to fostering an engaging learning environment, the faculty employs innovative teaching methodologies, including interactive discussions, hands-on workshops, and collaborative projects. They encourage critical thinking and creativity, preparing students to challenge conventional business practices and develop innovative solutions. Students also have the unique opportunity to collaborate with faculty on research projects, gaining insights into cutting-edge topics and contributing to the body of knowledge in the field.

Research is a cornerstone of the MIT MBA experience, where students are encouraged to explore various domains within business administration. The program provides access to extensive research resources and state-of-the-art facilities, enabling students to conduct meaningful studies that can influence industry practices. Beyond traditional coursework, students can participate in research initiatives that align with their academic and professional interests, often leading to publications and presentations at conferences. This emphasis on research not only enhances their learning experience but also prepares them for future roles in academia or thought leadership.

Furthermore, the MIT Sloan School of Management boasts robust connections to a vast network of industry leaders and organizations. These industry partnerships facilitate valuable internship opportunities, where students can apply their knowledge in real-world settings. The program's location in the heart of innovation and entrepreneurship provides students with unparalleled access to startups, established corporations, and consulting firms. Such connections often lead to job placements post-graduation, with MIT graduates finding themselves in strategic roles across various sectors, including technology, finance, healthcare, and consulting.

Graduates of the MBA in Business Administration program at MIT have consistently reported strong career outcomes, with a median base salary of $110,000 and high employment rates upon graduation. The program prepares students for diverse roles, from Business Intelligence Developers to Management Consultants, equipping them with the necessary tools to excel in their respective fields. Alumni frequently share success stories highlighting their journey from the classroom to the boardroom, showcasing how their education at MIT propelled their careers forward.

In addition to its robust curriculum and faculty, the program offers unique features that set it apart from other MBA programs. Students benefit from a diverse international community, enriching their educational experience with various perspectives and cultures. The collaborative environment encourages networking and the sharing of ideas, fostering an atmosphere of innovation. Moreover, MIT's commitment to sustainability and social responsibility reflects in its curriculum and initiatives, ensuring that students are not only equipped to succeed in business but also to make a positive impact on society.

Why Study MBA in Business Administration at MIT

  • World-Class Faculty: Learn from renowned experts and industry leaders who bring invaluable insights and practical experience into the classroom.
  • Innovative Curriculum: A dynamic mix of core courses and electives allows for personalized learning experiences tailored to individual interests and career goals.
  • Extensive Research Opportunities: Engage in meaningful research projects with faculty, enhancing knowledge and contributing to significant advancements in business practices.
  • Strong Industry Connections: Leverage the school's extensive network to secure internships and job placements in leading firms worldwide.
  • Diverse Community: Connect with a vibrant mix of international students, fostering a rich exchange of ideas and cultural insights.
  • Career Advancement: Join a prestigious alumni network that opens doors to numerous opportunities in various sectors and industries.

The requirements for admission to the MBA program are rigorous, ensuring that only the most qualified candidates are considered. Applicants must possess a minimum undergraduate GPA of 3.0 on a 4.0 scale and have completed at least 16 years of formal education. Standardized tests such as the GRE are typically required, along with proof of English language proficiency through tests like the TOEFL or IELTS. Additionally, applicants need to submit a comprehensive application, including transcripts, a resume, professional and academic letters of recommendation, and an essay that reflects their career goals and aspirations.

In conclusion, the MBA in Business Administration at the Massachusetts Institute of Technology is more than just a degree; it is a stepping stone toward a successful career in business. With a stellar curriculum, expert faculty, extensive research opportunities, and robust industry connections, students are well-prepared to thrive in their professional pursuits. For those seeking to make a significant impact in the business world, MIT stands out as a premier choice. The opportunity to learn and grow in such a distinguished environment should not be missed. Explore your potential and apply for the MBA program today!

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Total Tuition Fees

$1,24,000

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Duration

24 Months

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Median Salary

$1,10,000

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

Fall ( Sept - Nov )

Class Profile

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Class Size

70

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Average Age

28

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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

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Median Earnings After Graduation

$1,10,000 / year

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Graduation Rate

95%

Prospective Job Roles

Business Intelligence Developer

Business Analyst

Research Associate

Consulting

Strategic Planner

Project Manager

Product Manager

Nursery Manager

Manager

Waste Management Engineer

Management Consultant

Accommodation Manager

Marketing Manager

Management Accountant

Sports Management

Nonprofit Manager

Emergency Management Planner

Top recruiters

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Eligibility Criteria

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At least 3 / 4 undergraduate GPA is expected.

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At least 16 years of bachelor degree.

English Proficiency Tests

  • TOEFL

    90

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  • IELTS

    7

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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: 250

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    Transcript

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    Resume

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    Professional LOR

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    Academic LOR

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    GRE

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    Essay

Application Deadlines

Round 1Secondary DeadlineRound 3
FallSep 30, 2024Jan 14, 2024Apr 7, 2025

Fees and Funding

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Tuition Fees

$62,000 / year

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Overall Cost

$80,000 / year

Funding Options

Department Funding

External Sources - Scholarships

FAQs

  • The advantage of applying in Round 1 and Round 2 is that there are more available seats in the class. However, we do admit candidates in Round 3 and you should apply only when you have fully completed your application to the best of your ability.

  • Each person must submit a separate application and is considered individually.

  • Our Admissions Committee is comprised of professional staff members within the MIT community. The Admissions Committee will review your application and a member of the committee will conduct your interview. Current students are not involved in the evaluation process.

  • After each application deadline, our professionally trained Admissions Committee reviews all applications. Based on our initial assessment, a subset of applicants are invited to interview with us.

  • Our goal is to create a vibrant learning environment rich in diverse ideas and life experiences. We evaluate academic potential and personal achievements through various application components. We welcome applicants from all over the world and all areas of study who demonstrate the ability to maximize the incredible opportunities here, academically and beyond.

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