Are there any scholarships available to pursue management degree at MIT Sloan?

0 3 Views | Posted a year ago
Asked by Shiksha User

  • 1 Answer

  • Shiksha Ask & Answer

    Answered by

    Loveleen Sharma | Contributor-Level 10

    a year ago

    Yes, there are many scholarships available. Many are provided by MIT, in both cases need-based and merit-based. In fact, 58% of all UG students there at MIT for Management are on scholarship. 

    For pursuing Management degree at MIT, a student can avail scholarships/loans from external organisations too. Here is the table sharing details of scholarships and loans availble externally:

    Scholarship Name

    Scholarship Benefits

    Scholarship Eligibility

    Fulbright-Nehru Master’s Fellowships

    Tuition fees | partial living expenses | Healthcare expenses

    Minimum 55% in bachelor’s program | At least 3+ years of work experience; Community service experience

    JN Tata Endowment for Higher Education of Indians

    Loan scholarship 1,00,000 and 10,00,000 INR | Additional gift worth 75,000 INR (case dependent)

    Over 60% in bachelor degree | Below 45 years of age | Enrolling in 2-year master’s program

    Debesh-Kamal Scholarship for Higher Studies

    1,00,000 INR for tuition fees

    Below 30 years of age | Preferably beginning degree in social science or related program

    Narotam Sekhsaria Foundation Scholarships

    Interest-free loan

    Over 60% in undergraduate program | Below 30 years of age

    Inlaks Shivdasani Foundation Scholarships

    Up to 100,000 USD

    Minimum 70% in bachelors program | Below 30 years of age

    KC Mahindra Education Trust Scholarship

    Interest free loan of 4,00,000 to 8,00,000 INR

    At least 65% in undergraduate program

Similar Questions for you

K
Kanishka Gambhir

The Business and Management education at MIT Sloan is known for the unique combination of management education with artificial intelligence. The other reason students choose MIT Sloan is the research faculty of the university. The university conducts its research with the private sector leaders and practitioners which further provides good opportunities for the students. 

The MIT Sloan is highly ranked by the top-ranking bodies in the world for Business and Management. According to THE World University Rankings 2025, Business and Management Studies courses are ranked #1. The university is ranked #2 for Business & Management Studies

...more
M
Misha

The MIT Sloan Full-Time MBA programme consistently ranks among the world's top degrees, including placing sixth in the world in the Financial Times' 2024 Global MBA Ranking. It's a member of the elite group of Magnificent Seven (M7) business schools. According to US News and World Report, is ranked No. 5 out of 124 in Best Business Schools. According to Poets&Quants, MIT Sloan ranks #14 in their the latest composite ranking for 2023-2024.

 

M
Misha

MIT Sloan MBA programme graduates have excellent future prospects as evidenced by high employment rates, competitive pay, and a wide range of options in different industries. The culture of exploration and collaboration at MIT opens a world of opportunities. According to the factsheet of 2023, 90.2% of students received a full time job within three months of graduation. The most popular industries for Sloan MBAs were consulting, finance, and technology. The average base salary for 2024 graduates was $169,370 with signing bonuses averaging at $35,900. Furthermore with median values of $100,000 almost 60% of graduates reported getting a

...more
M
Misha

The MBA programme at MIT, Sloan can be challenging due to its highly selective admission process and rigorous curriculum. According to unofficial resources the acceptance of MBA progra at MIT is somewhere between 12-14%. The programme is fast-paced, with a demanding schedule that includes lectures, workshops, and networking events. The course is considered highly quantitative so it will be difficult for students with no STEM background. It combines classroom discussion led by expert faculty with collaborative, hands-on projects hosted by global organizations. Balancing coursework, group projects, networking events, and job placements c

...more
M
Misha

Completing a Master's in Business Analytics from MIT Sloan offers excellent career prospects. According to the factsheet 95.3% of the of job seeking MBA class of 2023 accepted an offer within 3 months of graduation.  The average base salary for graduates is $133,928 with signing bonus ranging from $5k-$50k. Most common job roles are Data Analyst, Data scientist, Research Scientist, Investment Data Scientist. Top recruiters at the college are Apple, Barclays, Pfizer, McKinsey and Company, IBM, Jet Blue, Walmart, TESLA and many more. Employers strongly value MIT Sloan graduates because of their reputation and wide-ranging alumni net

...more
horizontal shot joyful young woman with glasses posing against white wall

Overseas Admission Counselling  by Shiksha Abroad

Book a free 30 mins session with our expert counsellors and get better recommendations.
  • Transparent Process
  • Fast Response
  • Wide choice of Universities
  • 100% Free

Get end-to-end expert guidance on University Shortlisting, University Application, Visa and Education Loan

Sign Up on Shiksha Study Abroad

On Shiksha Study Abroad, get access to

  • 60 Countries
  • 4k Universities
  • 161k Courses
  • 196 Scholarships

Learn more about...

Share Your College Life Experience

Didn't find the answer you were looking for?

Search from Shiksha's 1 lakh+ Topics

or

Ask Current Students, Alumni & our Experts

×
×

This website uses Cookies and related technologies for the site to function correctly and securely, improve & personalise your browsing experience, analyse traffic, and support our marketing efforts and serve the Core Purpose. By continuing to browse the site, you agree to Privacy Policy and Cookie Policy.

Need guidance on career and education? Ask our experts

Characters 0/140

The Answer must contain atleast 20 characters.

Add more details

Characters 0/300

The Answer must contain atleast 20 characters.

Keep it short & simple. Type complete word. Avoid abusive language. Next

Your Question

Edit

Add relevant tags to get quick responses. Cancel Post