The Sloan MBA – Massachusetts Institute of Technology
The Sloan School of Management belongs to one of the most prestigious universities in the world – the Massachusetts Institute of Technology (MIT), and its prestige comes from the MIT brand to a large degree.
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Average Age
Class size
Acceptance Rate
Average GMAT
Average GPA
FT Ranking
Percent of Hires in Each Industry:
- Consulting 31.1%
- Technology 22.5%
- Financial 22.5%
Median Starting Salary per industry:
- Consulting – $175K
- Financial – $170K
- Technology – $150K
- Consumer – $141K
- Health Care – $145K
- Manufacturing – $141K
- Energy – 150K
- Real estate – 150K
- Retail – $123K
- Media – $135K
- Nonprofits – $133K
- Looking for people with the ability to build long-term relationships; drive; setting goals and accomplishing them; how they achieve them; leadership attributes in their actions (not positions).
- Are ok with having one of the recommendations come from a professor.
- It is recommended that non-techies emphasize quantitative skills. In general, quantitative skills are very important to Sloan.
- Essays are very behavioral, as is the rest of the application. Talk about feelings, emotions, motives, thoughts.
- Look for people who are down to earth, not arrogant, someone accomplished yet modest, someone with an inner compass.
- Bad essays are mostly about situation and outcome. Good essays are mostly about process. All their applicants are successful – the school wants to see the process that led to the success.
- In both the essays and the recommendations they’re looking for very specific details and examples, above all.
- In the interview, the applicant should be spontaneous (not over-prepared), give us a view of the person, how he thinks, feels, talks.
- Visit if you can. The more the applicant knows the school, the more personalized the stories can be. Show how you feel about the place, not necessarily how much you know about it. Relate to some aspect of the school personally.
Trait | Importance |
|---|---|
| Leader/Manager | 4 |
| Team Player/Relationship Builder | 3 |
| Smart | 3.5 |
| Initiates | 3 |
| International/Cultural | 1 |
| Creative | 2 |
| Presentation Skills | 1 |
| Persuasion Skills | 1 |
| Community/Society | 2 |
| Risk Taker | 1 |
| Business Skills | 2 |
| Source of career plan/prog choice | 1 |
| Promotions | 3 |
| Credible Names | 2 |
| Story is unique | 1 |
Learn more about the meaning of these traits and how they are reflected in your application.
ARINGO has developed this information through ARINGO employees who worked with the Sloan MBA admissions committee, thousands of hours of research, and by helping hundreds of applicants apply to MIT. ARINGO knows MIT, and we can help your strengths shine through your application. Contact us today.
Technology/Information Systems, (Production/Operations, Supply Chain/Logistics)
The program is large, with approximately 1,000 students, and its key strength is entrepreneurship. Other strengths include management in a technology environment, finance, management of production and logistics. Naturally, Sloan is strongly connected to the rest of MIT, and fruitful collaboration often develops between the Sloan business people and the MIT technology people. Most Sloan applicants come from the high-tech industry (and less from business backgrounds), though the school is trying to reduce the proportion of engineers and to accept students of more diverse backgrounds.
Another characteristic of the school is its diverse global culture and high percentage of international students. The school is known to emphasize quantitative and analytical skills, in both the application process and in classes.
As far as the admissions process in concerned, Sloan is unique in not requiring the TOEFL test of non-native English speakers, but rather relying only on the verbal portion of the GMAT. However, a unique application requirement is writing a cover letter.
Alumni include the following individuals, with current or past positions in parentheses: Benjamin Netanyahu (Prime Minister of Israel), Kofi Annan (Secretary-General of the United Nations), William Ford (Chairman of Ford Motor Company), John Thompson (Chairman and CEO of Symantec), Gerhard Schulmeyer (CEO of Siemens AG) and John Reed (Chairman and CEO, Citigroup).
- Emphasis on quantitative analysis and analytical reasoning.
- Collaborative, down-to-earth students.
- More open to people coming from industry or engineering- good for techies with no business background.
- Top-notch faculty.
- Interview – behavioral, based on the application. Meant to explore particular (problematic or interesting) points of the individual application. Can be the deal-breaker.
- The cover letter is unique to Sloan and asks the applicants to essentially apply for the job of business school. In it the applicant should guide the reader through the application and highlight his/her strengths, and share some of his/her goals and hopes for the time at Sloan and beyond. Along with content, format is important because it shows awareness of and sensitivity to business-style writing.
- Will accept the GRE in lieu of the GMAT.
- TOEFL not required – use verbal section of GMAT to analyze English proficiency.
- Someone interested in technology or from a tech/engineering background.
- Someone interested in entrepreneurship.
- Someone looking for experiencing hands on, practical work as part of the academic experience.
- $25,000
- $110,000
- $20,000
- $25,000
- $25,000
- $20,000
- $85,000
- $20,000
- $20,000
- $20,000
- $20,000
- $40,000
- $20,000
- $169,000
- $100,000
- $30,000
- $70,000
- $5,000
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