MIT Sloan

Magoosh chats with Terrell Williams, Associate Director of Admissions at MIT Sloan, about how to best stand out as an applicant in the admissions process.

Nestled in the intellectually rich environment of Cambridge, Massachusetts, MIT Sloan offers an MBA program that stands out for its emphasis on innovation, entrepreneurship, and the practical application of management science. Sloan's distinctive approach integrates cutting-edge research with real-world practice, offering students the opportunity to work closely with industry leaders and entrepreneurs through a variety of action-learning labs. The program's commitment to building principled, innovative leaders is manifested in a curriculum that challenges students to think critically, act collaboratively, and solve complex problems, preparing them to make a profound impact on the global stage.

MIT Sloan received 5,349 applications and admitted 792 candidates, resulting in an acceptance rate of 14.8%. The yield rate, which indicates the percentage of admitted applicants who choose to enroll, is 52%.

The Admissions Committee at MIT Sloan requires applicants to include a GMAT or GRE score as a component of their application for evaluation. The committee accepts both online and on-site formats of these examinations, without favoring one over the other. Applicants who face circumstances that impede their ability to provide a test score can apply for a waiver by detailing their situation. For the 2023-24 admission cycle, they accept all versions of the GMAT or GRE, including remote or in-person.

At MIT Sloan, a significant proportion of the student body comes from an Engineering background, representing 33% of the undergraduate majors, which is the highest percentage among top business schools. Additionally, 6% of students have an undergraduate degree in Computer Science, underscoring MIT Sloan's strong inclination towards technical disciplines. Other undergraduate majors include Economics (18%), Business (16%), Science & Math (12%), with Social Sciences, Arts/Humanities, Law, and other fields making up the remainder. The average undergraduate GPA of MIT Sloan students is 3.61.

MIT Sloan MBA candidates come with diverse professional backgrounds, predominantly from Consulting (26%) and Technology (23%). With an average of 5 years of work experience, these students bring depth from various sectors, including Financial Services and Government, Education, and Nonprofit, which reflect the interdisciplinary nature of the program.

After graduating from MIT Sloan, the largest fractions of students advance into Consulting (31.2%) and Technology (22.6%), with Finance also drawing a significant 22.6%. Graduates secure competitive compensation, evidenced by a median base salary of $159,391 and a median signing bonus of $30,000, with an impressive 96.6% receiving a full-time job offer within three months post-graduation.