Mit Sloan School of Management Admission Requirements

Last Updated on July 28, 2023

This year, MIT Sloan welcomed 16.3% of applicants who applied to the school’s full-time MBA program.   This is a pretty high acceptance rate and an impressive figure to beat. More than 3,600 applicants tried their luck at the 2017 admissions process. Not everyone will be smiling after they receive their admission letters though as not all of them would be admitted into their preferred programs.

The Mit Sloan School of Management Admission requirements are done in two ways. The first is done through the GMAT score and the second is by submitting your resume. While the GMAT score is mandatory, submit a strong resume addressing all parts of what they want you to fix is highly recommended.

Mit Sloan School Of Management Admission Requirements

The following are general requirements you should meet to apply to the MIT Sloan PhD Program. Complete instructions concerning application requirements are available in the online application.

General Requirements

• Bachelor’s degree or equivalent
• A strong quantitative background (the Accounting group requires calculus)
• Exposure to microeconomics and macroeconomics (the Accounting group requires microeconomics)

Application Components

• Statement of PurposeYour written statement is your chance to convince the admissions committee that you will do excellent doctoral work and that you have the promise to have a successful career as an academic researcher. 
• GMAT/GRE ScoresWe require either a GMAT or GRE score from a test taken April 15, 2017 or later. Your unofficial score report from the testing institution is sufficient for application. If you are admitted to the program, you will be required to submit your official test score for verification.    We do not have a minimum score requirement. Registration information for the GMAT (code X5X-QS-21) and GRE (code 3510) may be obtained at www.mba.com and www.ets.org respectively.
• TOEFL/IELTS ScoresWe require either a TOEFL (minimum score 577 PBT/90 IBT ) or IELTS (minimum score 7) official score report from a test taken after April 15, 2020 for all non-native English speakers. Your unofficial score report from the testing institution is sufficient for application. If you are admitted to the program, you will be required to submit your official test score for verification.    Registration information for TOEFL (code 3510) and IELTS may be obtained at www.toefl.org and www.ielts.org respectively.
  • The TOEFL/IELTS test requirement is waived only if you meet one of the following criteria:
    • You are a native English speaker.
    • You attended a four-year undergraduate program in the United States, United Kingdom, Ireland, Canada, Australia or New Zealand and are a graduate of that program. Please do not contact the PhD Program regarding waivers, as none will be discussed. If, upon review, the faculty are interested in your application with a missing required TOEFL or IELTS score, we will contact you at that time to request a score.
• TranscriptsWe require unofficial copies of transcripts for each college or university you have attended, even if no degree was awarded. If these transcripts are in a language other than English, we also require a copy of a certified translation. In addition, you will be asked to list the five most relevant courses you have taken.
• Letters of RecommendationWe require three letters of recommendation. Academic letters are preferred, especially those providing evidence of research potential. We allow for an optional fourth recommendation, but no more than four recommendations are allowed.
• ResumeYour resume should be no more than two pages. You may chose to include teaching, professional experience, research experience, publications, and other accomplishments in outside activities.

Nondiscrimination Policy: The Massachusetts Institute of Technology is committed to the principle of equal opportunity in education and employment. For complete text of MIT’s Nondiscrimination Statement, please click here.

Sloan School of Management is amongst the top ranked business schools in America and in the world. It is a graduate business school under the canopy of Massachusetts Institute of Technology and was founded in the year 1914. Situated in Cambridge, Massachusetts, the institution provides a number of bachelor’s degree, master’s degree and doctoral programs. Sloan School of Management ranked # 1 in 2019 World University Rankings 2019 for economics and business subjects. It was ranked #3 in 2020 QS Business School Rankings. The school is surrounded by startups, research labs, biotech companies and tech giants as well as a range of places displaying arts, music and culture which creates a balance in experiential learning and student satisfaction. 

Admissions at Sloan School of Management are extremely selective and competitive with an acceptance rate of only 6.7%. Applications are reviewed carefully through detailed reviewing processes. Interview rounds and video statements are required for graduate programs. The school provides financial aid to all applicants if they demonstrate eligibility. The deadline for financial aid applications is February 15.

• The Sloan School of Management is widely recognized for its full-time MBA program. As per records, in 2019, 97% of MBA students graduated with full-time job offers.
• The institution houses international students from 90 countries all over the globe. There are around 38% International students enrolled in Sloan School of management. The school has an enrollment of approximately 1300 students .
• As of Fall 2019, the total faculty is 116 with a student faculty ratio of 3:1.
• The average GMAT score in Fall 2019 admissions was 787.
• Average GPA for UG admissions was 3.6 in Fall 2019.

Highlights

MIT Sloan School of Management Admission Deadlines

Applicants can apply only once a year. The admission deadlines for different programs are given in the table below:

MIT Sloan School of Management has different deadlines for PG programs.

• All students who are applying for financial aid should submit materials by February 15
• Early Action applicants will receive an admissions decision in mid-December
• Regular Action students will receive an admissions decision in mid-March
• Admitted students must inform MIT of their enrollment decision by May 1

mit sloan school of management acceptance rate

MIT Sloan is the third most competitive school in the US, with an acceptance rate of 14.6 percent. The MBA program has one of the largest entering classes in the country with 409 students recently enrolled, giving more applicants the opportunity to embark on a top b-school journey.

mit sloan admissions

MIT Sloan School of Management International Admissions

Apart from the academic and standardized test requirements, international students must also fulfill a few additional requirements-

Application : Online

Application fee : 150 USD, but may vary with program/s

Requirements for application:-

• Academic receipts of prior education received 
• Standardized test scores ( SAT/ACT or GMAT/GRE) depending upon level of study
• Proof of proficiency in English language if not belonging to a native English speaking country 
• Responses to short questions as mentioned on website or application page
• Letter of recommendation 
• Interview ( for certain programs )
• I-20 form and F-1 Visa

English Proficiency Test Score

MIT Sloan School of Management requires students belonging to non-English speaking countries to provide evidence of proficiency in the English language. For this, the school accepts TOEFL scores. The minimum score requirements for TOEFL-iBT and TOEFL-PBT are mentioned in the table below:

Visa Process for International Students

International students require a Visa to legally study and enter the USA as students. Applicants need to complete fill I-20 form to apply for a F-1 visa. The selected applicants will be issued the I- 20 form from the MIT Sloan School of Management. Completion of this form will help the applicants apply for their F-1 student visa. The applicants are required to submit the following documents in order to obtain the I- 20 form

• A valid passport is required along and a valid I-20 form. 
• Documentation to demonstrate financial support 
• Proof of enrollment or acceptance in the institution ( such as acceptance letter or department letter )
• Receipt of I-901 form( SEVIS fee )
• Sloan school of management recommends that applicants apply 3 months in advance as processing can take time.

MIT Sloan School of Management Undergraduate Admissions

Sloan School of Management provides 11 degree and non-degree undergraduate programs to students for instance in finance, management studies and business analytics. Students can choose from a range of major and minor concentrations depending on their preferred area of study. 

Application: Online

Requirements for admission 

• Education receipts of secondary school education. Transcripts must be translated in English if they are in any other language from a recognized translation service such as World Education Services( WES )
• Transfer application for students previously enrolled in any other institution 
• 2 LORs ( 1 from a Math or Science Teacher and 1 from a Social studies or language teacher 
• School profile from the school counselor 
• English language proficiency for non native English speakers 
• SAT or ACT test scores

MIT Sloan School of Management Graduate Admissions

The institution is well renowned for its Graduation programs in various disciplines such as finance, management and business administration. The application process has a number of requirements which can further vary depending upon the programs.

Application : Online

Application fee : USD 150 ( can vary for few programs)

Requirements for application:-

• A Bachelor’s degree and it’s official transcripts. Transcripts must be translated in English if they are in another language 
• Letter of recommendation 
• A valid GMAT or GRE score
• Essay/ Personal statement / Short answers ( depending upon program)
• Proof of English language proficiency for non native English applicants 
• Interview ( upon selection)
• Resume 

Program Specific Requirements For Graduate Courses

As already mentioned, getting admitted into Sloan school of management can be quite competitive and strict. The institution meticulously selects students based upon a series of factors. Thousands of applications are received every year owing to the highly ranked and reputed study programs of Sloan School. International application must take note of all the specific documents required for application and opt for prior application to adhere to the Visa issuing process time. Applicants aspiring to receive financial aid must take note of scholarship deadlines and apply accordingly.

mit mba fees

Tuition for Masters-level degree programs at the Sloan School of Management. Amounts are per academic year unless noted.