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Massachusetts Institute of Technology Sloan School of Management

Business School Admissions

Application (Fall 2015)

Application deadline (U.S. residents)  N/A
Application deadline (international students)  N/A
Application fee  $250

Admissions & Enrollment (Full-time)

Acceptance rate (full-time)  13.1%
Average age of new entrants  28
Average undergraduate GPA (full-time)  3.58
Undergraduate GPA range (10th-90th percentile)  3.21-3.88
Entrants providing undergraduate GPA  236
Average GMAT score (full-time)  713
GMAT range (10th-90th percentile)  670-760
Entrants providing GMAT scores  367
Students with prior work experience  396
Average work experience (months)  60

Admissions & Enrollment (Part-time)

Applicants (part-time)  N/A
Acceptance rate  N/A
Average age of new entrants  N/A
Average undergraduate GPA  N/A
Undergraduate GPA range (10th-90th percentile)  N/A
Entrants providing undergraduate GPA  N/A
Average GMAT score  N/A
GMAT range (10th-90th percentile)  N/A
Entrants providing GMAT scores  N/A
Students with prior work experience  N/A
Average work experience (months)  N/A

Admissions & Enrollment (Executive Degree Program)

Applicants (executive degree)  N/A
Acceptance rate  N/A
Average age of new entrants  N/A
Average undergraduate GPA  N/A
Undergraduate GPA range (10th-90th percentile)  N/A
Entrants providing undergraduate GPA  N/A
Average GMAT score  N/A
GMAT range (10th-90th percentile)  N/A
Entrants providing GMAT scores  N/A
Students with prior work experience  N/A
Average work experience (months)  N/A

GRE Scores

GRE accepted for admissions  Yes
Percentage of fall 2013 entering class that submitted GRE scores  10%
GRE accepted as alternative to GMAT  Yes

Undergraduate Majors

TOEFL

TOEFL required for international students  No
Minimum TOEFL score required  N/A
Mean TOEFL of entering students  N/A
Median TOEFL of entering students  N/A

Factors and Procedures Used in Admissions

Full-time program

We look for students whose personal characteristics suggest that they will make the most of the opportunities at MIT, both in academic & non-academic areas. We also seek those whose presence will enhance the experience of other students. We value characteristics such as motivation, involvement, interpersonal skills, communication skills, leadership, analytical skills, & tolerance of uncertainty.

Executive program

The Sloan Fellows Program looks for highly motivated, high-performing individuals who aren???t satisfied with the status quo and have demonstrated their ability to effect change. The EMBA Program considers applicants who are leaders in established organizations or new ventures. They seek candidates who combine strong leadership performance, global perspective, functional expertise, and innovation.

Part-time program  N/A
Part-time distance learning program  N/A

Admissions Contacts

Director of admissions  Rod Garcia
Full-time program phone  (617) 258-5434
Full-time program email  mbaadmissions@mit.edu
Full-time program website  http:/​/​mitsloan.​mit.​edu/​mba
Executive program phone  (617) 253-7166
Executive program email  fellows@sloan.mit.edu
Executive program website  http:/​/​emba.​mit.​edu/​
Part-time program phone  N/A
Part-time program email  N/A
Part-time program website  N/A
Part-time distance learning program phone  N/A
Part-time distance learning program email  N/A
Part-time distance learning program website  N/A

* Business School Admissions details based on 2013 data

 

Business School Career and Salary

Class of 2013

Full-time graduates  390
Full-time graduates known to be seeking employment  309
Full-time graduates employed at graduation  80.9%
Full-time graduates employed three months after graduation  87.4%

Base Salary: Overall

Total reporting base salary  233
Low base salary  $60,000
Average base salary  $119,639
High base salary  $165,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens  N/A
Average base salary: U.S. citizens  N/A
High base salary: U.S citizens  N/A

Base Salary: Foreign Nationals

Low base salary: Foreign nationals  N/A
Average base salary: Foreign nationals  N/A
High base salary: Foreign nationals  N/A

Signing Bonus: Overall

Total reporting signing bonus  159
Low signing bonus  $2,500
Average signing bonus  $25,525
High signing bonus  $57,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens  N/A
Average signing bonus: U.S. citizens  N/A
High signing bonus: U.S. citizens  N/A

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals  N/A
Average signing bonus: Foreign nationals  N/A
High signing bonus: Foreign nationals  N/A

Other Compensation: Overall

Total reporting other compensation  36
Low other compensation  $8,500
Average other compensation  $31,238
High other compensation  $130,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens  N/A
Average other compensation: U.S. citizens  N/A
High other compensation: U.S. citizens  N/A

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals  N/A
Average other compensation: Foreign nationals  N/A
High other compensation: Foreign nationals  N/A

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.

Number reporting marketing/sales jobs  43
Marketing/sales low salary  $100,000
Marketing/sales average salary  $118,781
Marketing/sales high salary  $140,000
Number reporting operations/production jobs  32
Operations/production low salary  $80,000
Operations/production average salary  $118,311
Operations/production high salary  $160,000
Number reporting general management jobs  28
General management low salary  $85,000
General management average salary  $114,648
General management high salary  $140,000
Number reporting finance/accounting jobs  50
Finance/accounting low salary  $65,000
Finance/accounting average salary  $111,864
Finance/accounting high salary  $165,000
Number reporting management information systems (MIS) jobs  1
Number reporting consulting jobs  105
Consulting low salary  $68,000
Consulting average salary  $126,033
Consulting high salary  $150,000
Number reporting human resources jobs  1
Number reporting having jobs in other areas  10
Other occupations low salary  $80,000
Other occupations average salary  $114,500
Other occupations high salary  $135,000

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.

Number reporting government jobs  2
Number reporting manufacturing jobs  13
Manufacturing low salary  $90,000
Manufacturing average salary  $117,650
Manufacturing high salary  $160,000
Number reporting non-profit jobs  4
Non-profit low salary  $68,000
Non-profit average salary  $94,500
Non-profit high salary  $140,000

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.

Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT)  96
Northeast low salary  $60,000
Northeast average salary  $119,833
Northeast high salary  $165,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV)  13
Middle Atlantic low salary  $85,000
Middle Atlantic average salary  $114,654
Middle Atlantic high salary  $160,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN)  15
South low salary  $100,000
South average salary  $116,923
South high salary  $135,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI)  9
Midwest low salary  $100,000
Midwest average salary  $120,111
Midwest high salary  $135,000
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX)  20
Southwest low salary  $80,000
Southwest average salary  $123,125
Southwest high salary  $140,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY)  79
West low salary  $100,000
West average salary  $119,626
West high salary  $142,000
Number reporting jobs located internationally  38
International low salary  $70,000
International average salary  $120,437
International high salary  $150,000

* Business School Career and Salary details based on 2013 data

 


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