What is the fee for MBA at MIT Sloan School of Management?

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 additional types of compensation, such as stock packages. Major recruiters include Amazon, Apple, Bain and Company, McKinsey, Boston Consulting Group and many others. 

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 can be challenging.

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 network, which offer them opportunities and valuable connections in the analytics sector.