MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Sloan School of Management

USD 10,000 - USD 179,300 loan size
up to 20 years loan term

Courses we support

Fellows MBA
MBA
Master in System Design and Management
Master of Finance
Master of Science in Management Studies
Master of Business Analytics
EMBA
Leaders for Global Operations

About the school

Founded in 1914, the Massachusetts Institute of Technology‘s Sloan School of Management is one of the world's leading business schools in Cambridge, Massachusetts, USA. It is known for its exceptional academic programmes, state-of-the-art research, and innovative approach to management education. Nestled within an elite group of research institutions, MIT Sloan congregates the most brilliant minds to address global challenges with practical solutions. US News & World Report shows that the Sloan School of Management is ranked No. 4 in Best Business Schools 2023-2024. The school's global network has collaborations, research partnerships, and alums connections. The international community of MIT alumni spans over 90+ countries and comprises an impressive 120,000 individuals. Among the remarkable roster of accomplished alums are Kofi Annan (Former Secretary-General of the United Nations and Nobel Peace Prize laureate) and Condoleezza Rice (Former US Secretary of State). Cambridge, Massachusetts, offers international students a diverse, academically excellent environment. Its internationally acclaimed colleges, cultural vibrancy, and student support services make the city famous for international students seeking quality education and a diverse experience.

Where is the school located?

Life at the MIT Sloan School of Management

MIT Sloan School of Management offers various affordable housing options for its graduate students, including single rooms, one-bedroom, and multi-bedroom units. There are eight graduate residences on campus, offering multiple housing options for single people, couples, and students with families. The campus environment is a vibrant mix of opportunities and activities that are continuously changing, with 80+ student clubs with membership numbers ranging from 12 to 400+ and leadership organisations that plan events, run conferences, and welcome new members. The MIT Sloan Student Life Office promotes unity and support in all programmes, collaborating with student services at Sloan. They guide students through their journey and foster an inclusive culture. At the core of Cambridge's bustling Kendall Square district, MIT Sloan benefits from its surroundings teeming with biotech firms, tech behemoths, start-ups, and research facilities. The area offers various dining options, outdoor activities, art, music, and cultural venues. Boston's extensive network of around 60 colleges and universities enriches the city's dynamic with inventive and intellectual vitality.

Additional benefits of studying at the MIT Sloan School of Management

Although graduate students at the MIT Sloan School of Management are housed in the Cambridge, Massachusetts campus, their business education has a global focus. There are plenty of opportunities for students to travel and study abroad, and the academic courses are generally international. Additionally, the school offers Action Labs where students can work on real-life problems facing businesses in China, India, and the United States. Nearly a quarter of Sloan graduates have become business presidents and CEOs. With over 120 alum clubs, students can connect with a skilled global network of individuals through the MIT Alumni Association and receive mentorship and career guidance. Students have unparalleled access to the best research, entrepreneurial tools, and cross-disciplinary partnerships. This ecosystem provides exceptional opportunities for hands-on learning and networking with forward-thinking innovators and creators, providing an environment where you can transform ground-breaking concepts into successful business initiatives.

Cambridge campus

City

Cambridge, Massachusetts, U.S.

City Population

0.149 million

Region

New England, Northeastern U.S.

Climate

Summers are short, comfortable, and partly cloudy. The average temperature varies from 36°F (-37.78oC) to 72°F (222.2oC)

Nearest Airport

Logan International Airport (BOS)

Time Zone

Eastern Time Zone (UTC -4)

Fast facts

Total enrolment: 1,300 120,000+ alumni across 90+ countries 116+ Faculty Members 20 Action Learning Labs 30,200 Active Alumni-founded companies 70+ Students-led clubs 103 Venture Capital firms in Cambridge

Admissions criteria

Generally, applications require the following types of information: Online application form with all details as specified Applicants must hold a four-year or three-year equivalent undergraduate degree outside the U.S. Minimum GPA of 3.5 A personal statement A letter of recommendation from an employer or academia Additional references, if applicable If working, an organisational chart showing the internal structure of your organisation (2 pages maximum) Resume Video statement (1 minute in length) Officially signed and sealed transcripts from all schools attended. If not in English, a certified translated copy Non-refundable Application Fee GRE/GMAT score Relevant coursework and professional certification Applicants can expand on their background in a 250-word response to an optional question The information below outlines the potential expenses you could incur while attending college: Health service/health insurance: Approximately $ 400 Cost of Books/Course Materials: Approximately $ 800 Food and other expenses: Approximately $ 7000 Housing: Approximately $ 12000 Please consult the school’s necessary admissions and financial aid websites for detailed information and updates.

Job placements

MIT Sloan School of Management’s Career Development Office (CDO) links students with mentors, firms, and events for career success: workshops, clubs, and networking shape paths toward fulfilling futures. Students can connect with prominent companies through on-campus activities. The Career Development Office at MIT assists students in broadening their perspectives as they explore different career options through workshops, industry events, and networking Students organise annual conferences on regions, industries, or themes. International leaders attend these events, which foster the sharing of knowledge. They empower networking, leadership, and industry exploration, enhancing peer collaboration Graduate students go on study tours to learn more about global business environments. Partnered with mentors, these tours consist of themed classes and a 2-week trip for experiential learning, networking, and insights from world leaders The MIT Sloan Career Fair, held in April, gives students a unique opportunity to network with growing companies looking to fill vacancies

Prodigy Finance international student loans

Prodigy Finance offers borderless financing to international students. There is no need to provide guarantors, collateral, or cosigners. Furthermore, there are no hidden fees! Our loan facilities include no penalties for early repayment and a 6-month grace period after graduating from full-time study.

Realise your dream with a Masters programme from Massachusetts Institute of Technology - Sloan School of Management

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Source: Massachusetts Institute of Technology - Sloan School of Management

Last updated: 07 Dec 2023

The purpose of this page is to provide prospective students with basic information about the school and a selection of Courses offered by the school. Whilst we have carefully compiled the overview, Prodigy Finance does not accept any liability for any inaccuracies mistakes, omisions or outdated information in the guide and we encourage prospective students and other readers to consult with the schools's website for further information. Prodigy Finance does not have any affiliation or contractual arrangement with the school. If you are a student and need more information about applying for a loan, please contact us at info@prodigyfinance.com. Any other other queries about this page can be sent to schoolsupport@prodigyfinance.com.

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