Massachusetts Institute of Technology (MIT) Sloan School of Management is MIT’s business school, located on campus in Cambridge, Massachusetts. MIT Sloan’s programs include a bachelor’s, master’s, doctorate’s, and executive degree programs for business and management. A school known for its innovative and strong technical and analytic prowess, MIT Sloan is an elite, premier school for business school applicants.
We’ll give you all that you need to know about MIT Sloan GMAT scores, the MIT Sloan acceptance rate, the MIT Sloan average GPA, and other important statistics for admissions. But there’s more that you need than just MIT Sloan GMAT score ranges, we will also tell you about their admissions office and what the current class profiles look like.
MIT Sloan Business School Overview
There are three areas that Sloan specializes, management science, behavioral and policy science, and economics, finance, and accounting. The various programs include MBA program (for an MBA or an MS in Management), Leaders for Global Operations program (for both an MBA and Masters of Science in engineering), Masters in Finance, Master of Business Analytics, Master of Science in Management Studies, System Design and Management, PhD, MIT Sloan Fellows Program in Innovation and Global Leadership, Executive MBA, Executive Education, Visiting Fellows, and Undergraduate degrees.
The MBA program has three tracks, the enterprise management track, the entrepreneurship and innovation track, and the finance track. The tracks are intended to create an experiential, holistic experience.
Enterprise Management Track
| Description | Holistic, business-focused track with course learning in marketing, operations, and strategy |
| First Year Core | Enterprise Management Learning Lab course |
| Experiential Courses | Capstone Management Practice Hack-a-thon |
| Special Activities | Networking events with leaders in the industry, track-specific dinners with leading thinkers and speaker series |
| Careers (post-graduation) | · Consulting · Rotational Management Development Programs · Marketing · Supply Chain Management · Operations Management · Product Development · Innovation Management |
| Summer Internships and Full-Time Corporations | · Amazon · Bain · Boston Consulting Group · IBM · McKinsey · Nike |
Entrepreneurship and Innovation Track
| Description | Intended for start-up-minded applicants, this track is for current and future entrepreneurs |
| Experiential Courses | Entrepreneurial projects |
Finance Track
| Description | Track for finance theory and finance application |
| Special Activities | Conferences, Company on-site days and events, networking opportunities, skill set training, speaker events, and social activities |
MIT Sloan Business School GMAT Ranges
MIT Sloan GMAT scores are important components of all business school applications. What are the MIT Sloan GMAT score ranges that are acceptable for incoming applicants? There is no special number but the middle 80% of the Class of 2017 scored between a 670 and a 760. The average MIT Sloan GMAT score was 716. Being known as a technical school, MIT is highlighted for its advanced analytical, mathematical abilities. Demonstration of such skill is a necessity to gain admittance to the school. GMAT scores are only one way that you can show your strong analytical capabilities (namely the quant portion of the exam). If you happen to not do well on the GMAT, after multiple tries, do not fret. Make it clear in the rest of the application that you can handle numbers and analysis very well.
MIT Sloan Business School Average GPA
The average undergraduate GPA is 3.6 out of 4.0. MIT Sloan’s program is relatively small compared to the other premier business school programs. Most of its admitted students come from an undergraduate engineering program or a technical background. GPA is important but demonstrating a strong technical, mathematical, and analytical prowess should be a high priority.
MIT Sloan Business School Class of 2017 Profile
Class Profile
| Total Enrollment | ~1,300 students |
| Academic Staff | 200 |
| Applications | 4,254 |
| Enrollment | 402 |
| Women | 41% |
| Underrepresented Minority | 11% |
| Non-U.S. Citizens | 38% |
| Mean MBA Base Salary (for Class of 2014) | $121,277 |
| Work Experience Average | 4.9 Years |
| Work Experience Range | 0-15 years |
| Average Undergraduate GPA | 3.6 |
| GMAT Average | 716 |
| GMAT Range (middle 80%) | 670-760 |
Regions of Citizenship
| North America | 59% |
| East Asia | 12% |
| Latin America & Caribbean | 10% |
| Europe | 7% |
| Western & Central Asia | 6% |
| South Asia | 3% |
| Africa | 2% |
| Oceania | 1% |
Undergraduate Majors
| Engineering | 33% |
| Business and Commerce | 21% |
| Economics | 14% |
| Science and Math | 14% |
| Social Science | 10% |
| Humanities | 8% |
MIT Sloan Business School Masters in Finance Class of 2016 Profile
Class Profile
| Program Enrollment | 119 |
| 12-month | 89 |
| 18-month | 30 |
| Average Work Experience | 18.44 months |
| Average Undergraduate GPA | 3.7 |
| GMAT Range (middle 80%) | 690-770 |
| GMAT Range Quant (middle 80%) | 49-51 |
| GMAT Range Verbal (middle 80%) | 34-42 |
| GRE Quant Range (middle 80%) | 163-170 |
| GRE Verbal Range (middle 80%) | 152-164 |
| Male Percentage | 55% |
| Female Percentage | 45% |
| US Citizenship | 10% |
| International Citizenship | 90% |
Undergraduate Majors
| Business and Commerce | 37% |
| Math and Science | 28% |
| Humanities, Arts, and Social Sciences | 20% |
| Engineering | 15% |
| Computer Science | 2% |
Prior Job Industry
| Government | 3% |
| Education | 3% |
| Investment Banking | 28% |
| Investment Management | 23% |
| Consulting | 5% |
| Other Financial Services | 28% |
| Other Non-Financial Services | 10% |
MIT Sloan Class of 2013 Employment Profile
Industry
Industry |
% of Class |
Mean |
Median |
Range |
| Consulting | 31.9% | $128,715 | $135,000 | $81,000-$150,000 |
| Finance | 16.3% | $115,854 | $110,000 | $65,000-$165,000 |
| Software, Internet | 12.2% | $118,292 | $115,000 | $100,000-$135,000 |
| Retail | 10.1% | $113,577 | $115,000 | $100,000-$130,000 |
| Overall Average | $119,639 |
Other Statistics
| Seeking Employment | 79.2% |
| Timing of job offers | |
| At Graduation | 86.4% |
| 3 months after graduation | 92.2% |
| Timing of job acceptances | |
| At graduation | 80.1% |
| 3 months after graduation | 87.4% |
| Total graduates | 390 |
MIT Sloan Business School Statistics
| Established in | 1914 |
| Endowment | $740 million |
| Academic Staff | 200 |
| Notable Journals and Conferences | MIT Sloan Management Review MIT Sloan Sports Analytics Conference |
| Number of Action Learning Labs |
14+ (programs include field projects with themes in global health, entrepreneurship, and sustainability) |
| MIT Alumni | 120,000 individuals |
| Countries in MIT Sloan alumni network | 90 countries |
| Companies found by MIT Sloan Alumni | 650 |
| Some companies founded by MIT Sloan Alumni | E*Trade, Gartner, Genentech, HubSpot, InVivo Therapeutics, Teradyne, and Zipcar |
| Tuition and Fees | $61,440 |
Living in Kendall Square
| Fortune 500 companies with offices in Kendall Square | Amazon, Amgen, AT&T, Biogen Idec, EMC, Google, Microsoft, Pfizer, and Yahoo |
| Venture capital firms with offices in Cambridge | 103 |
| Colleges and Universities in the Boston Area | 58 |
| Restaurants within walking distance of campus | 100+ |
What does the admissions office say?
The admissions office presents many resources and opportunities to learn more about MIT Sloan. There is the MIT Sloan Ambassadors Program, MIT Sloan on the Road, Webinars, and the MIT Sloan Student Blog. You should make an effort to show MIT Sloan that you are interested in the school as much as possible. There is an area in the application for you to indicate what admissions events you’ve attended so make sure you are able to check some boxes on the application.
The admissions committee discloses that if you do have a lower GMAT score, the admissions committee would look to your academic records and quantitative and technical work experience.
There are many opportunities for students to actively learn to contribute to their learning experience–MIT is very proud of their action-learning capabilities. There are lab classes, including the Global Entrepreneurship Lab (G-Lab) for international entrepreneurship opportunities.
Three things to keep in mind about MIT Sloan Business School
1. The Interview: Interviews are by invitation only and conducted by the admissions committee in specific geographic locations. Typically, the admissions committee interviews 20-25% of application candidates. The interviews are 30-45 minutes long and are not blind. Your interviewer will be well versed in your application so expect questions that dig deeper into certain aspects of your application. Expect to be asked many behavioral questions with follow up questions that dig deeper into your drive, motivations, and responses.
2. Known for Innovation: MIT Sloan offers many resources and opportunities for budding entrepreneurs. One of the biggest monetary support on campus is the annual $100,000 business competition for student-initiated start-ups. Sloan demonstrates its commitment to entrepreneurship. Similarly, the community and the network at Sloan breeds innovation and collaboration. There is a Silicon Valley Trek for student entrepreneurs interested in touring technology companies in Silicon Valley to observe the culture, work life, people, and campuses.
3. Personalized Curriculum: MIT Sloan is unique in that it has a one semester core, which allows students more flexibility in their curriculum. The MBA core consists of Communication for Leaders; Data, Models, and Decisions; Economic Analysis for Business Decisions; Financial Accounting; and Organizational Processes. These five classes are completed in the first semester. The remaining three quarters of your curriculum is derived from electives; this allows you to dictate the majority of your study path and make the most of your MBA courses.
MIT Sloan GMAT scores and average GPAs should not be the sole statistics to be concerned with. Sloan’s admissions committee is dedicated to understanding your whole story. Just because you have the best test scores and the best academic record does not mean that you’re guaranteed acceptance into MIT’s program. Like with all the best MBA programs, MIT Sloan takes candidates with the complete package, with strong stories and stalwart focus and drive. Make sure that your application reflects you in the best light possible. The tight-knit closeness of MIT Sloan’s community is fostered through small teams and cohorts. The admissions committee is dedicated to make sure that each admitted student would be a cohesive fit into the MIT Sloan family.
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