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Contact our general manager with any questions. Profile updated: August 14, 2023.

Massachusetts Institute of Technology’s Sloan School of Management

  • Sloan Fellows: An Elite Mid-Career Degree At Three World Class B-Schools

MBA Program Stats

Annual Tuition: $86,300

Full-Time Enrollment: 408

Average GPA: 3.59

Median GMAT: 730

International: 40%

Minority: 32%

Female: 46%

Male: 54%

What You Need To Know

MIT Sloan consistently ranks as one of the top MBA programs in the world. Through intellectual rigor and experiential learning, Sloan’s full-time, two-year MBA program develops leaders who make a difference in the world. Sloan first offered their MBA in 1995, and their Latin motto, “mens et manus,” translates to “mind and hand.” MIT’s founders were promoting that education, above all, was for practical application and highlighting experiential learning as a centerpiece of the MBA experience.

Based in Cambridge, Massachusetts, the school has birthed breakthrough technologies ranging from GPS and genome sequencing to data encryption and multiplayer video games – not to mention ventures like Campbell’s Soup, EdX, Hewlett Packard, and Roomba Vacuums.

“The MIT Sloan student community is diverse not only in terms of nationality, race, and ethnicity, but also in terms of intellectual perspective and life experience. The student culture is highly collaborative and is perhaps best characterized in its slogan, “Sloanies helping Sloanies.” This spirit of collaboration comes through in a similarly named conversational podcast, Sloanies Talking Sloanies, in which alumni and faculty discuss their MIT Sloan experience and how it influences what they are doing today.”

Academics And Programs

Sloan welcomes a large class of around 400 students on average annually, and in the MBA world, large typically equals diverse.

After their first-semester core courses, students have three semesters to create a program that fits their interests. In total, they’ll complete 144 units of electives. Sloan has 15-20 annual Action Learning Labs, where students work on projects collaboratively with organizations ranging from startups in an emerging market to well-established corporations focusing on areas such as Analytics, Operations, Strategy, Finance, or Marketing.

Action Learning Labs aren’t the only unique element to the Sloan MBA. The program also includes the Sloan Intensive Period (SIP). Held in October and March, SIP represents a hard stop to MBA courses. For a week, students take micro courses to hone skills and engage in reflection in areas ranging from ethics to creativity.

In January, the second semester launches with an Independent Activities Period (IAP). The month-long IAP period is allocated for students to work on projects, complete internships, or even engage in school-related travel. While the IAP eases students back in after the holidays, it also provides them with the time and freedom to pursue the passions that will deliver the highest return. Indeed, Sloan’s flexible structure is cited by students as one of the school’s biggest assets.

MIT Sloan offers tracks specifically for MBA students and Certificates open to all MIT graduate students to give students the opportunity to dive deep into what interests them. Track options include the Entrepreneurship & Innovation Track, Enterprise Management Track, and the Finance Track. Certificate options include the Business Analytics Certificate, the Healthcare Systems Certificate and the Sustainability Certificate. Completing an internship is a key component of the experience, creating an opportunity to apply new knowledge with real experience.

Outside of the classroom, Sloan students have the opportunity to engage in over 80 clubs and conferences such as the world’s largest student-run conference, the MIT Sloan Sports Analytics Conference, and competitions like the MIT $100K Entrepreneurship Competition which enables students across campus to launch a startup.

Rankings Data For MIT Sloan

MIT Sloan MBA Rankings

Ranking Poets&Quants
2023-2024 14
2022-2023 6
2021-2022 6
2020-2021 6
2019-2020 6

Getting Into This School

MIT Sloan School Of Management Essay Questions And Strategic Guidance, 2023-2024

MIT Sloan seeks individuals with confidence but not arrogance.

How To Get Into MIT Sloan

At the MIT Sloan School of Management, it’s about the four Hs: the heart to strive, the head to keep up, the hands to get things done, and the home to take risks in a supportive environment.

How To Get Accepted To MIT Sloan MBA

MIT Sloan Assistant Dean Dawna Levenson shares everything applicants to the M7 school should know before applying

MBA Program Consideration Set

If you believe you’re a close match to this school–based on your scores, age and work experience, you could look at these other competitive full-time MBA programs as well. We list them by stretch, match, and more to consider. These options are presented on the basis of brand image and ranking status as a general guideline. These are meant to be a starting point for further exploration.

Partners who enable Poets&Quants to provide, free to our readers, information, inspiration, and greater access to graduate education opportunities.


MIT’s Sloan School vs. Harvard Business School

Applications to MIT's Sloan School of Management are up 55% in the past three years. Harvard just had its second best application season. Here's how these two formidable giants in MBA education stack up against each other.

MIT’s Sloan School vs. Berkeley’s Haas School

Berkeley and Cambridge are two of the world's great university towns. Though they are separated by 3,000 miles, the Sloan School and the Haas School of Business share many similarities.

Rankings, Rates, ROI & More: The M7 By The Numbers

All the 2021 school employment report & class profile data — and much more — for the Magnificent Seven B-schools

cost of MBA

This Is What It Costs To Get An MBA From A Top Business School

All the data on tuition, expenses & total cost when you study for an MBA from a leading business school in the United States or Europe

GMAT Versus GRE: Which Top-50 MBA Programs Prefer Which Test?

Where a GMAT or GRE score is a must for admission — and where you don't have to worry about sitting for an entrance exam

Average GMAT Scores At The Top U.S. MBA Programs

All the score averages for the Class of 2024 at 27 of the leading business schools

Acceptance Rates & Yield At The Top 50 U.S. MBA Programs

Acceptance rates rose at elite U.S. B-schools in 2022, but across all 50 P&Q-ranked schools the average rate was similar to 2021 — and some schools got much more selective

2023-2024 MBA Admissions Events By School

A school-by-school listing of MBA events for the 2023-2024 admissions cycle

Why Students Chose

“Difficult problems remain to be solved at the intersection of technology and business. These complex challenges require integrated solutions. With MIT’s strong reputation for innovation and MIT Sloan’s impressive course offerings, MIT Sloan was a perfect fit. While some MBA programs operate in silos within the larger university, that is certainly not the case at MIT Sloan. Beyond the option to take courses outside of Sloan at MIT, Harvard, and other schools in the area, Sloanies can also take integrated courses where students of design, business, and engineering can come together to leverage each other’s strengths. Within Sloan itself, I was impressed by the breadth of opportunities to pursue technology product management. Sloan offers a Digital Product Management Certificate, a Digital Product Management Lab and a Product Management Club with a robust campus membership. While the Digital Product Management Certificate is relatively new, Sloan has long been a strong pipeline for many technology and e-commerce companies who recruit product managers on campus every year.” Katie Hango (‘24)

“There are only a few MBA programs that support Entrepreneurship in a creative way in the USA. MIT’s Martin Trust Center for MIT Entrepreneurship offers the key MBA programming that led me to choose this business school. I’m an entrepreneur at heart. I’m very interested in Sloan entrepreneurial culture, which marries business, technology, and disruptive ideas. Choosing Sloan was important to me because I have a vision to build ‘Salons of the Future’ and MIT Sloan will give me the opportunity to bring my idea to fruition.” Robin Butler (‘24)

“MIT Sloan’s focus on building data-driven leaders stood out to me as a unique offering. From classes that help develop quantitative skills to a close association with MIT’s other engineering programs, the school equips students to face the digitization wave head on. I was looking for a program that acknowledges the role technology plays in every job function and industry today and gives you the skills and network needed to succeed in the evolving landscape. At MIT Sloan, I have found this.” Misha Nathani (‘24)

“The MIT Sloan MBA lies on the perfect intersection between finance, technology & entrepreneurship. Sloan’s finance courses, taught by distinguished faculty and Nobel Laureates, coupled with my pre-MBA experience in finance at the central bank, will sharpen my financial skills and prepare me to transition into an investment management role within the Indonesia government. Moreover, MIT is at the forefront of technology, where scientific breakthroughs and thought leadership are plentiful. In this digital age, technology & innovative management drives transformation in both the private and public sector. I’m keen to learn about cutting-edge innovations at MIT and apply it in Indonesia’s tech landscape to develop future unicorns.
Furthermore, the MIT MBA prides itself in developing future entrepreneurs. Given that I plan to lead Indonesia’s government investment fund that supports startup financing, it’s crucial for me to develop an entrepreneur mindset by taking entrepreneurship classes and learning from the entrepreneur community at MIT and the Boston area.” Michael Christian (‘24)

“While Sloan’s MBA programming is incredible, it is the larger relationship and integration with the Institute that I find most important. The intersection of technology and science with business, and its application to the future of human organization, is my raison d’être for pursuing an MBA.” Rupen Dajee (‘24)

Student Features For MIT Sloan

Meet MIT Sloan School of Management’s MBA Class Of 2024

MIT's newest Sloanies share their dreams and ambitions and offer advice to current MBA applicants

Meet MIT Sloan’s MBA Class Of 2023

Take charge class brings bias for action to Cambridge

Meet MIT Sloan’s MBA Class Of 2022

A dozen new MBA students at Sloan share their journeys, their goals and dreams

The M7 B-Schools: Everything You Need To Know

All the data on the U.S. B-schools that consistently lead the rankings & spark the imagination of applicants everywhere

High & Low MBA Salaries And Bonuses At The Top 100 B-Schools

All the most important numbers from the top business schools in the United States

MBA Pay By Region: Here’s How Much You’re Worth

A school-by-school look at how much MBAs can expect to earn by region

MBA pay

MBA Pay By Occupation & Industry: Here’s How Much You’re Worth

A school-by-school pay comparison for MBAs in Consulting, Finance, Technology, and more

Which M7 School Parties The Hardest? This Survey Found Out

In new report, 84% say grades are secondary to the social side of school

10 Movies Every Business Student Must Watch

From Wall Street to Norma Rae, a movie marathon for admits to business school, current MBAs and anyone interested in life's great truths

Career Stats

Employment Statistics Of MIT Sloan MBAs

Employment Statistics 2022 2021 2020 2019 2018
% of MBAs with Job Offer 3 months post   Graduation 97% 96% 96% 96% 97%

MIT Sloan MBA Compensation

Career Statistics 2022 2021 2020 2019 2018
Median Base Salary $ 165,000 $ 150,000 $ 150,000 $ 140,000 $ 135,000

Industry Choices Of MIT Sloan MBAs

Industry 2022 2021 2020 2019 2018
Automotive/Aerospace 3% 3% 2% 6%
Computers/Electronics 2% 1% 1%
Consulting 31% 28% 31% 31% 32%
Consumer Products 3% 1% 3%
Finance 23% 21% 1% 3% 2%
Education 1%
Nonprofit/Government 2% 1% 1%
Investment Banking/Brokerage 8% 6% 4%
Investment Management 4% 5% 7%
Manufacturing: Other 24% 3% 4% 3%
Media/Entertainment/Sports 2% 2% 1% 1% 1%
Oil/Energy 2% 1% 1% 4%
Other 5% 3% 1% 2% 1%
Pharmaceutical/Healthcare/Biotech 7% 6% 6% 2%
Private Equity/Venture Capital 6% 5% 4%
Retail 4% 1% 2% 2% 3%
Technology 23% 21% 25% 29% 27%

Top Hirers Of MIT Sloan MBAs

Top Employers 2020 2019 2018 2017 2016
Amazon 19 10 27 30 23
Amgen 7
Bain & Company 13 19 15 19 17
Boston Consulting Group 36 36 24 21 14
Deloitte Consulting 9 11 6
Facebook 6
Fidelity Investments 6
Google 14 15 10 9
Goldman Sachs Group 6
JP Morgan Chase & Co 7
McKinsey & Company 26 12 22 26 26
Microsoft Corporation 8 8

Admissions For MIT Sloan

Essay Questions For MIT Sloan

MIT requires students to submit a cover letter:

MIT Sloan seeks students whose personal characteristics demonstrate that they will make the most of the incredible opportunities at MIT, both academic and non-academic. We are on a quest to find those whose presence will enhance the experience of other students. We seek thoughtful leaders with exceptional intellectual abilities and the drive and determination to put their stamp on the world. We welcome people who are independent, authentic, and fearlessly creative — true doers. We want people who can redefine solutions to conventional problems and strive to preempt unconventional dilemmas with cutting-edge ideas. We demand integrity and respect passion.

1.Taking the above into consideration, please submit a cover letter seeking a place in the MIT Sloan MBA program. Your letter should conform to a standard business correspondence, include one or more professional examples that illustrate why you meet the desired criteria above, and be addressed to the Admissions Committee (300 words or fewer, excluding address and salutation).

Optional essay:

How has the world you come from shaped who you are today? For example, your family, culture, community, all help to shape aspects of your life experiences and perspective. Please use this opportunity if you would like to share more about your background. This is an opportunity for you to share more about yourself with the Admissions Committee, should you choose to do so. (250 words)

School Features And Admissions Analysis

Sloan Fellows: An Elite Mid-Career Degree At Three World Class B-Schools

MIT Sloan MBA Class Of 2025: Sloan Staves Off Serious Application Slide

App volume stabilizes for the M7 school one year after Sloan reported a nearly 25% decline from a pandemic-inflated high

MBA Class Of 2024: Apps To MIT Sloan Down By A Quarter

But M7 school reports highest-ever enrollment of women at 46%

Big Numbers In MIT’s Jobs Report: MBA Median Salary Up 10% To $165K, Total Comp Now Over $200K

One 2022 Sloan MBA reported astronomical 'other compensation' of $800K

Another M7 Class Profile, Another Big Jump In MBA Apps, Women & Internationals

MIT Sloan School of Management kept its relaxed testing requirements last cycle & saw huge gains in key metrics

2021 MBA Jobs: Smooth Sailing For MIT Sloan Grads

Big jump in total compensation highlights latest M7 employment report

Work Authorization Considerations For The International MBA Applicant

A guide to help you understand what you’re up against, and how to succeed

When To Start Your MBA Application

Round one countdown: 7 strategies to start now

Fortuna Admissions

Your MBA Recommender Strategy Starts Now

5 tips to secure a strong recommendation

MIT’s App Is Different. How To Ace It

How to use every element of MIT Sloan's application to align yourself with the kind of student they're looking for

Brittany Maschal Fortuna

Breaking Down The MIT Sloan Application

Your step-by-step strategy for success

3 Things You Need To Know If You’re Applying To MIT Sloan

How to show your impact, actions & heart

The MIT Sloan MBA Video Essay

Ace The Video Statement For MIT Sloan

60 meaningful, memorable and coherent seconds

Navigating The New Org Chart In MIT Sloan’s App

MIT Sloan is really trying to get at the questions of what you do

Positioning Extracurriculars On Your MBA Application

Tips from the MBA admissions experts on how to stand out

what it costs to hire an MBA admissions consultant

What It Now Costs To Hire An MBA Admissions Consultant

The cost can vary from $20K to a three-school package to $195 an hour for one-on-one coaching

The Most Favorably Reviewed MBA Admission Consulting Firms

These nine MBA admissions firms stand out for their success with MBA applicants

top MBA admission consultants of 2023

The Top MBA Admission Consultants Of 2023

These MBA admission consultants are at the top of their game, winning more favorable client reviews than any other in the world

Melissa Jones, Fortuna Admissions

How To Choose An MBA Admissions Coach

Essentials to consider, mistakes to avoid, & three top tips on your next steps

MBA Watch For MIT Sloan

MBA Watch is where thousands of MBA applicants not only get to tell their story but have John A. Byrne, MBA admissions coaches and our audience, assess their odds of admission and get help to improve their chances of getting in!

Mr. Low GPA Over Achiever

Hello I'm Low GPA Over Achiever, I am from India , specifically the south Indian state of Andhra Pradesh.

Mr. MBB To PM

- Just moved to a developing country to help build-out a country-leading ride-hailing startup - Former MBB, focusing on strategy and advanced analytics (a.

Ms. Chemical Engineer

As a consultant, I am the youngest person to lead a client project on one of the largest Pharma M&A deals in history.

Mr. Strategist

A third-generation engineer of the family, with a very tough upbringing due to many adversities and challenges (both financial and emotional).

Ms. Rocket Engineer

Hello! I work in aerospace as the lead of an engineering team building 21st-century spacecrafts, and pour nearly all my time & energy into doing just that.

Mrs. Company Leader

After graduating from university, I started at a small supply chain/logistics company as a marketing analyst.

Mr. Generic Nerd

Tier 1 Tech Consultant at PwC for two years.

Mr. Corporate Monster

Practical and versatile Engineer with significant experience in product development & process improvements.

Ms. Biotech Ops

I am passionate about developing novel therapeutics that improve people's lives.

Ms. MD MBA

A physician with four years clinical experience, I now want to tap into my leadership potential by getting my MBA and assuming a managerial role.

MBA Handicapping: What Engineers Need To Do To Get In

Solid stats, yes, but there are ways for this one to go bad

MBA Handicapping: Bio-Tech, Female, 770 GMAT. What Could Go Wrong?

Her MBA goal includes Harvard, Wharton, MIT, Columbia, Stern & Ross

MBA Handicapping: Are All of India’s IITs Created Equal? 2+2 Applicant Says Each Can Get You Into HBS

Bringing an engineering degree from IIT-Kharagpur and a 750 GMAT score

MBA Handicapping: How Techies & Engineers Beat Out Their Peers At Top MBA Programs

With a 730 GMAT and a 3.62 GPA, can he get into Harvard's MBA program?

MBA Handicapping: 4.0/760, Caltech: Minefields For 2+2

Even when you check every box, you just never know

MBA Handicapping: CIAO!!! Euro Admissions For Big Four Types

Is INSEAD, London, IESE, ESADE in the cards for this 720 GMAT, 3.8 Italian in finance?

MBA Handicapping: Applying to H/S/MIT From Latin America With A 770

A product manager of an online lending platform has ambitious goals

MBA Handicapping: 780 GMAT–How Come She’s Not Applying To Harvard Business School?

HBS & Stanford? Nope. Aiming for Wharton, MIT Sloan & several other top MBA programs

News Coverage For MIT Sloan

2024 Best 40-Under-40 MBA Professors: Jacquelyn Pless, MIT Sloan School of Management

Congrats to Jacquelyn Pless of MIT Sloan School of Management for being named a 2024 Best 40 Under 40 MBA Professor.

2024 Best 40-Under-40 MBA Professors: Rahul Bhui, MIT Sloan School of Management

Congrats to Rahul Bhui, MIT Sloan School of Management, for being named a 2024 Best 40 Under 40 MBA Professor.

2023 Was MIT Sloan MBAs’ Harshest Employment Landscape In A Decade

Median salary & compensation grew significantly in 2023, but placement was worse than during coronavirus as Sloan endures a tough market

Sloan Fellows: An Elite Mid-Career Degree At Three World Class B-Schools

MIT Sloan MBA Class Of 2025: Sloan Staves Off Serious Application Slide

App volume stabilizes for the M7 school one year after Sloan reported a nearly 25% decline from a pandemic-inflated high

Harvard & Wharton Slump In New 2023 Businessweek MBA Ranking

Stanford's MBA program claims first for the fifth consecutive year

MBA Scholarships At The Leading Business Schools

At most top business schools, dozens — and sometimes hundreds — of need- and merit-based awards are available

MBAs Doing Great Things: Meet The MIT MBA Making Solar Energy Accessible — On Any Surface

The need to reverse climate change drives Shiv Bhakta, a dual-degree MS/MBA student at MIT and co-founder of prize-winning Active Surfaces

Congrats to Anna Stansbury of the MIT Sloan School of Management for being named a 2023 Best 40-Under-40 MBA Professor.

2023 Best 40-Under-40 MBA Professors: Anna Stansbury, MIT Sloan School of Management

Congrats to Anna Stansbury of the MIT Sloan School of Management for being named a 2023 Best 40-Under-40 MBA Professor.

Stanford, Harvard & Wharton Also-Rans In Topsy-Turvy U.S. News MBA Ranking

Changes in the methodology for ranking MBA programs mixes up U.S. News ranking

Poets&Quants 2022-2023 MBA ranking

Poets&Quants 2022-2023 MBA Ranking: A Surprising Change At The Top

Stanford loses the crown to Wharton's MBA experience

2022 Most Disruptive MBA Startups: Something Brazen, MIT (Sloan)

Helping Millennial women find their professional community

2022 Most Disruptive MBA Startups: Multitude Insights, MIT (Sloan)

Creating an AI-powered collaboration and data sharing tool for law enforcement.

The World’s Best MBA Programs For Entrepreneurship In 2023

This year's ranking of best MBA programs for entrepreneurship

An MIT MBA Pulls Back The Curtain: 3 Ways You Really Learn In B-School

B-school gossip & start-up lessons from a 2018 Sloan School grad

Which Schools Produce The Most Unicorn Founders? This Stanford Prof Has Crunched The Numbers

Here's where you can find the most meticulous & reliable data on the origins of unicorns

2021 Most Disruptive MBA Startups: Pelicargo, MIT (Sloan)

Sloan tech platform promises to revolutionize air cargo