The Massachusetts Institute of Technology (MIT) community is driven by a shared purpose—to help students make a better world with education, research, and innovation. It was formed in 1861 in Boston and moved to Cambridge in 1916. This university is fun and quirky, elite but not snobby, inventive and artistic, obsessed with numbers and outcomes, and welcoming to talented students regardless of their home country/ location.

Massachusetts Institute of Technology (Sloan) courses are available for bachelor's, master's, and Doctoral degrees. The school also provides executive educational degrees. This school of management has a strength of 11,934, with 4,638 undergraduates and 7,296 graduates. A few of the Massachusetts Institute of Technology courses are:

  • Blockchain and Money
  • Single Variable Calculus
  • Linear Algebra
  • Introduction to Computer Science and Programming in Python
  • Introduction to Algorithms

Top Reasons to Study in the Massachusetts Institute of Technology

One of the key factors to consider is the Massachusetts Institute of Technology's acceptance rate. MIT has a highly competitive admissions process, with a low acceptance rate. This selectivity ensures that students admitted to MIT are among the brightest and most talented individuals, creating a vibrant and intellectually stimulating environment.

In terms of tuition fees, it is important to note that the Massachusetts Institute of Technology is a prestigious private institution, and the cost of education reflects that. While specific figures may vary, attending MIT involves a significant financial investment. However, the university is committed to making education accessible and offers various scholarships, grants, and financial aid options to support eligible students in managing their tuition costs.

Considering the cost of living at the Massachusetts Institute of Technology is also important. Living expenses, including accommodation, meals, transportation, and personal expenses, may vary depending on individual choices and circumstances. MIT is located in Cambridge, Massachusetts, which is known for its higher cost of living. Prospective students should carefully plan and budget for these costs to ensure a comfortable and fulfilling experience while studying at the university.

Massachusetts Institute of Technology is renowned for its academic excellence and cutting-edge research. The university offers a wide range of disciplines and programs, providing students with unparalleled opportunities to engage in groundbreaking research and pursue their academic interests. From engineering to computer science, mathematics to biology, MIT offers a rigorous and innovative curriculum, fostering creativity, critical thinking, and problem-solving skills.

Maintaining a strong academic record is important at the Massachusetts Institute of Technology. Grade Point Average (GPA) is a significant measure of academic achievement, and students are expected to strive for excellence in their coursework. By maintaining a high GPA, students can make the most of their educational experience at MIT and position themselves for further academic and professional opportunities.

Massachusetts Institute of Technology provides numerous scholarships and financial aid options to support students in their academic journey. These resources help alleviate the financial burden and allow students to focus on their studies and research. It is recommended that prospective students explore the various scholarship opportunities and eligibility criteria provided by MIT to determine if they qualify for any financial assistance.

Cost of Studying at Massachusetts Institute of Technology

Average tuition fee


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5000+ Students

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Living expenses

Average living expenses (Bachelors)


Average living expenses (Masters)


Average on-campus living expenses


Rankings for The Massachusetts Institute of Technology

US News Ranking


US World and News Report

The World University Rankings


The World University Rankings

QS World University Rankings


QS World University Rankings

More rankings for this university

MIT consistently ranks among the top universities in the world. According to the 2022 QS World University Rankings, MIT is currently ranked #1 globally, making it the most highly-regarded university in the world. MIT's top-notch academic programs, cutting-edge research facilities, and renowned faculty are some of the factors that contribute to its exceptional reputation.



Admissions at The Massachusetts Institute of Technology

Avg acceptance rate (Bachelors)


Application Fee

$75 - $250

How to Apply at Massachusetts Institute of Technology

Following are the steps to initiate admission in the year 2023-2024 at The Massachusetts Institute of Technology. 

  • First, as part of the admission requirements for the Massachusetts Institute of Technology, the students need to create an MIT account on the official application website/ or the MIT application portal.
  • Next, fill out the application form with your details and requirements like essays, etc.
  • Next, the student needs to submit their Secondary School Report and Standardised Test Scores. 
  • Submit 2 Letters of Recommendation; one from a Maths/Science teacher and the other from a Humanities or language teacher. 
  • Submit the application, and set up an interview. For this, an Education Counsellor from MIT will contact you. 
  • Submit Supplementary materials like Maker Portfolio, Music & Theater Arts Portfolio, Research Portfolio, Supplemental Recommendations, or Varsity Sports Interest. 

Note: The Massachusetts Institute of Technology in the USA (Sloan) application fee for admission is $75/ INR 6,192. 

Documents Required to Apply to Massachusetts Institute of Technology

Documents required at The Massachusetts Institute of Technology to seek admission in 2023-2024

  • High School Transcript
  • Statement of Purpose/ Essays
  • Entrance scores of GMAT/ GRE
  • Extracurriculars
  • English language proficiency test scores
  • Three academic letters of recommendation
  • Professional resume of not more than 2 pages
  • Video essay between 2 to 5 minutes
  • Academic transcripts of previous academic qualifications 
  • I-20 and F-1 Visa forms

Exams Accepted By the University

Massachusetts Institute of Technology (Sloan) admission observes that a high percentage of students who become a part of MIT Sloan get into the MBA program. Let’s check out the score requirements for Massachusetts Institute of Technology admissions for graduates and undergraduates. 

  • Aptitude Test Requirements at MIT






Verbal: 158

Quantitative: 159


1500 and above



  • English Proficiency Requirements 

The students must cross the following minimum requirements in the English language test to become a student at MIT Sloan School of Management.


Minimum Requirements 


PBT: 577

IBT: 90


7 and above

Duolingo English Test 

120 and above

Cambridge English Test 

185 and above


65 and above

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Find the updated list of courses available in this university

Application deadline

Fall, 15/12/2023




12 Months

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12 Months

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24 Months

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Scholarship amount




Scholarship type

Need based


Number of campuses the university has

Campus locations

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Transportation in the city

MIT students can avail of the MBTA Public Transit Pass. Using this, the students get flexibility, ease, and variety of transport at the center. With this, MIT subsidizes 50% of the cost of an MBTA pass. Further, this pass is available for the students either for a month or even as a semester bus or subway pass. The Access MIT Pass is available for students, staff, and faculty members, allowing free, unrestrained travel in the bus networks and MBTA subway. This Public Transit Pass help users avail of additional benefits such as subsidized parking and reimbursements on private commutations. Its types are as follows:

  • Monthly Local Bus Pass
  • Monthly Link Pass (Local Bus and Subway)
  • Monthly Express Bus Pass (Local Bus, Express Bus, and Subway)
  • Semester Pass (Local Bus and Subway)
  • Monthly Commuter Rail Pass
  • Monthly Commuter Boat Pass

Services offered by the university

Following are the services offered by MIT to its students. 

  • The campus of MIT Sloan University is furnished with amenities such as music, art, theatres, and other entertainment choices.
  • The institution runs its exhaustive research centre called Martin Trust Centre for MIT Entrepreneurship.
  • The MIT school is surrounded by numerous tech giants, startups, biotech companies, and research centres. 
  • Some activities available around the campus include an art museum, sporting events, cultural shows, and art exhibitions. 

Student life

MIT Sloan's campus is situated along the Charles River in Cambridge, Massachusetts. MIT’s collaborative, hands-on, curiosity-driven philosophy in the classroom and lab extends across the campus. MIT is an institute where brilliant, committed, and creative students come together to learn, work, live, experiment, and play on the stage/field, in maker spaces, living communities, and the surrounding area.

Diverse in every sense of the word, the community at MIT explores various opportunities at the heart of this global innovation hub. Just 364.4 smoots across the Charles River from Boston—one of the best cities in the world for students—this 166-acre riverside campus brims with impeccable artists, talented athletes, and numerous clubs. The campus includes 19 residencies, has a playing field of 26 acres, 40+ Gardens, and Green Spaces, and 60+ Publicly Cited Works of Art.

  • With 500+ student organizations, nearly 40 Greek-letter and independent living groups, chaplains for 20+ faith traditions, and a commitment to diversity and inclusion, MIT offers a welcoming place for every student or faculty member. 
  • To complement their academics and research, students choose their own extracurricular adventures, like participation in music, dance, and sports, to various groups that savor and celebrate cultures globally. 
  • To help students navigate various challenges, MIT offers a strong support network.
  • MIT students are part of more than 450 organizations, clubs, and associations. The associations and clubs are run entirely by the students. These include the Solar Electric Vehicle Team, Debate Team, Outing Club, MIT Society for Women Engineers, and Student Art Association. 
  • The students can participate in the glorious competitions and events of the college to build their co-curricular profile. 
  • The students can also spend their time in the facilities surrounding the premises of the school, like restaurants, cafes, and more. 
  • To ensure health and wellness, MIT’s network of physical and mental support resources aims to keep the student community happy, healthy, and active. And through initiatives like MindHandHeart, they are always looking for ways to engage students, faculty, and staff to make MIT stronger than ever.

On campus accomodation

At the Massachusetts Institute of Technology (Sloan), international students are offered on-campus accommodation within the 19 residential halls of the school. Every undergraduate and graduate house offers a unique social network, a distinct environment and a student lifestyle. In partnership with Residential Education, HRS staff work collaboratively with students and their house teams/ house governments to ensure they have the infrastructure and resources required to build strong communities. 

HRS provides housing operations for all MIT graduate and undergraduate residential facilities, including housing assignments, repair/ maintenance, communications, summer conference housing, and residential security.

  • MIT Sloan accommodates housing for students looking to stay alone or with family. 
  • The residence halls are assigned to students on a priority basis. 
  • The campus also accommodates an all-female hall reserved for females. 
  • Students are given all the necessary residential needs at the premises, like laundry facilities, food, water, etc. 
  • 91% of MIT students live on campus. 
  • The average accommodation expense at the Massachusetts Institute of Technology (Sloan) costs; Housing and Meals—USD 18,100/ INR 14.92 lakhs and Books/personal expenses—USD 3,042/ INR 2.5 lakhs. 
  • The students can look for off-campus accommodations as well with the guidance and assistance of the MIT department. 


University Faculty:Student Ratio


University Faculty Stats

Massachusetts Institute of Technology (Sloan) has a faculty status of 11:1. Further, the school has 69.4% of its classes with fewer than 20 students. For MIT’s faculty—just over 1,000 in number—cutting-edge research and education are inseparable. Each feed and supports the other. When they’re not busy in their fields, MIT University faculty members play a vital role in shaping the institute’s amazing MIT campus community by working as advisors, coaches, heads of houses, etc.


University Endowments Value


Research opportunities at university

MIT Sloan has built highly recognized 60+ research laboratories, programs, and centers for students that aim to offer an atmosphere of innovation and development. Some research centers are the MIT Centre for Energy and environmental policy research, MIT operations research center, MIT Laboratory for financial engineering, and MIT Entrepreneurship Labs. Through the MIT Undergraduate Research Opportunities Program, more than 85% of students enrich their education by engaging in front-line and faculty-led research activities. Further, research flourishes in MIT’s 30 across five schools and 1 college. More than 800 companies, till now, have collaborated with MIT student and faculty researchers.

Internship opportunities (Part time job opportunities)

MIT Sloan facilitates impact-oriented internships for its students. The purpose of the internships is to integrate sustainability, inclusion, equity ESF measurement, and more with the values of ambition and perseverance. The MIT Sloan Career Development Office provides financial support and identifies high-caliber students suited for internships. A few examples of MIT internships are:

  • Momentum
  • Material Science and Engineering: Industrial Internship Program
  • Leaders for Global Operation Internships Program
  • 6-A Program
  • UPOP
  • MIT Washington Summer Internship Program, etc. 

Placement - Companies and average salaries offered

Massachusetts Institute of Technology (Sloan) has a high employment rate among its graduates. The students have a great sense of satisfaction as 47% of the job-seeking graduates are employed at higher positions by employers. Here are its salary stats:

  • The highest-paid MIT Sloan alumni & graduates are Healthcare & Alternative Medicine professionals with a $313,000/ INR 257 lakhs salary annually. 
  • The lowest-paid MIT & Sloan School of Management alumni and graduates are Architecture, Real Estate, and Design jobs professionals with $82,000/ INR 675 lakhs salary annually.
  • The best-paying degree at MIT & Sloan School of Management is an Executive MBA, with students earning an average salary of $192,000/ INR 158 lakhs. 
  • Graduates from MIT and Sloan School of Management who earn less salary are those with a Master in Finance, earning a salary amount of $91,000/ INR 74 lakhs annually.





77 Massachusetts Ave, Cambridge, MA 02139, United States

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