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MIT Sloan School of Management MBAn

The MIT Sloan MBAn programme trains students for careers that use and manage contemporary data science to address important business challenges in just 12 months. The course fills a gap in the market for graduates with the necessary skills to use data science to address business problems.

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MIT MBAn Introduction

Accreditation

AACSB

International Students

59%

Women

39%

Alumni Network

24,000+

Salary

Salary

$110,000

duration

Course Duration

1 Year

fees

Course Fee

$87,000

Intake

Intake

1

The MIT MBAn programme trains students for careers that use and manage contemporary data science to address important business challenges in just 12 months. The course fills a gap in the market for graduates with the necessary skills to use data science to address business problems.

MIT MBAn Class Profile

Students’ diversity at MIT Sloan both influences and propels the amazing opportunities for cooperation and learning that are accessible.

MIT purposefully puts together groups of kids on teams with a range of abilities and backgrounds. The MBAn experience requires this diversity to be there. In addition, all the students gain from the various viewpoints MIT’s international students offer to the community.

In its portfolio, MIT Sloan MBAn Class Profile brings together a varied group of students with various objectives. Students collaborate in two-person teams for seven months with domestic and overseas sponsors. The student teams are matched with host organisations in January, and committed faculty advisers are given to them. Students work on their projects at MIT from February to May, often meeting with their faculty advisor and the host organisation. For a full-time summer internship, students travel to the host organisation. Students receive their official degrees in August after finishing their summer internship and submitting a final report and presentation.

Average Age

GMAT

Nationalities

24

Average Work Ex

17 Months

Average GPA

3.9

Class Size

66

MIT MBAn Acceptance Rate

The university does not disclose the acceptance rate. Hence, it is advisable to go through the eligibility criteria and ensure that you are competitive enough to get admission.

For those who understand the potential and strength of using data to enhance decision-making, the MIT Sloan Master of Business Analytics is the right programme for you. Logical, exact thinkers who are aware that obtaining and comprehending trustworthy information is essential to conducting successful business.

Program and Curriculum of MIT Sloan MBAn

The Master of Business Analytics at MIT Sloan will prepare students to interpret and use data to drive decisions. This skill set can be applied across various industries, including management consulting, financial services, technology, energy, healthcare, manufacturing, and more.

The curriculum consists of five fundamental subjects, one Analytics Capstone project, one required project class, six three-hour modules, one pro-seminar, and a minimum of three focused electives.

Further, the Master of Business Analytics Program qualifies as a STEM–designated program, allowing international students to extend their training in the U.S. by 24 months after graduating.

Core Courses

  • Machine Learning
  • Optimization Methods
  • Analytics Edge
  • Analytics Software Tools (in R, Python, SQL, and Julia)
  • Communicating with Data

    Electives

    • Nonlinear Optimization
    • Media Ventures
    • Investment Management
    • Analytics of Finance
    • Algorithmic Trading and Quantitative Investment Strategies

    Extra Activities

    Corporate events

    The West Coast Trek is an opportunity for students to explore and understand the data science industry firsthand. During this immersive experience, analytics students meet with industry leaders representing some of the world’s most prestigious companies. By the trip’s end, students leave with a clearer idea of the various career paths and working environments they can expect once they go to MIT MBAn. This week-long trek includes networking events with alumni and industry leaders, visits to companies from Seattle to Silicon Valley, and the opportunity to connect socially with peers.

    Eligibility and Requirements (How to get into MIT Sloan MBAn) 

    Eligibility

    The academic and professional achievements of every applicant are taken into consideration by the admission committee at MIT. If a candidate has a bachelor’s degree or will have one by the academic year they apply, they are qualified to apply to the Master of Business Analytics programme. Additionally eligible to apply are those who have completed a three-year bachelor’s degree at an overseas university.

    Eligibility for the MBAn program at MIT Sloan includes:

    • 3.9 Average Undergraduate GPA.
    • 168 Average GRE Quant Score
    • TOEFL/IELTS
    • GMAT

    Document Related to the Application

    • Transcripts of your previous institution
    • An official copy of your degree certificate
    • Online application form
    • Application Essays
    • Video Question
    • GMAT/GRE score
    • One page CV
    • 2 Letters of Recommendations; one academic & one professional
    • IELTS, TOEFL, Cambridge CPE, CAE or PTE Academic score (for some international students)
    • The application fee of 150 USD is non-refundable but can be waived.

    The application fee for the direct application is $150.

    MIT Sloan MBAn Deadlines

    The application deadline for a Master in business Analytics at MIT Sloan in 2023 is 5th January 2023, and the final decision will be released by 7th march 2023.

    When the application opens in early July, the deadlines will be publicised. After the Admissions Committee has reviewed all applications, applicants will be notified of their status on or before those dates. Please note that the school will only communicate official decisions via your online application in the interest of confidentiality.

    MIT Sloan MBAn Employment

    Despite market uncertainty, the recent MBAn Class fared well, with 100% getting offers within six months of graduation.

    Strong academic, corporate, and alumni partnerships at the school helped MBAn graduates pivot to opportunities in the market. All the MIT MBAn community members who came together to assist opportunity-seeking students are appreciated for this achievement.

    This year, the top three industries for MBA graduates were technology (35.2%), consulting (22.2%), and retail/consumer packaged goods (16.6%), with students also taking jobs in pharma/health/biotech (13%) and finance (7.4%).

    $110,000

    AVERAGE STARTING SALARY

    99%

    PLACEMENT

    Top Sectors Hiring MIT Sloan MBAn Graduates

    Companies recruiting from MIT Sloan MBAn

    Consulting

    • McKinsey & Co
    • Boston Consulting
    • KPMG

    Software/Internet

    • Apple
    • Facebook
    • Google
    • Interpretable AI

    Others

    • PayPal
    • PIMCO
    • SeatGeek
    • Stitch Fix
    • Uber
    • United States Air Force
    • Walmart

    MIT Sloan MBAn Alumni Info

    MIT Sloan graduates are automatically connected to a network of more than 24,000 MIT Sloan alumni and more than 136,000 MIT successful leaders and innovators in a wide range of industries and fields worldwide. In addition, in more than 95 MIT Alumni Association Clubs (in more than 40 countries) worldwide, fellow alumni foster close connections to one another and MIT Sloan.

    Some Famous Alumni

    • Benjamin Netanyahu, Prime Minister of Israel
    • Carly Fiorina, American Businesswomen
    • William Clay Ford Jr., Executive Chairman of Ford

    We have a 97% Success Rate In Helping Applicants Get Into Top Schools Like

    Application Essay for MIT Sloan MBAn

    Application for the MBAn program at MIT Sloan includes one essay question and two video questions to be answered by the candidates. These questions are: 

    Essay Question 1: Please describe your reason for pursuing the Master of Business Analytics (MBAn) degree. What do you hope to gain from the program? And what are your career aspirations? (500 words or less)

    Video Question 1: Please upload a one-minute (60-second) video introducing yourself to your future classmates and letting us know why you are interested in the field of analytics and data science. The video should be a single take (no editing) and lasting no more than one minute, consisting of you speaking directly to the camera. 

    Video Question 2: All MBAn applicants must submit a brief video statement responding to a simple, open-ended general interest question. The question is designed to help us get to know you better, see how you express yourself and assess your fit with the MIT Sloan culture. It does not require prior preparation and will not be a technical question. Video Question 2 is a part of your required application materials and will appear as a page within the application once the other parts of your application are completed.

    Letter of Recommendation for MIT Sloan MBAn

    The MBAN program at the MIT Sloan School of Management requires a minimum of two letters of recommendation. LOR questions for the MIT Sloan MBAN program include:

    1. How long and in what capacity have you known the candidate? (No word limit)
    2. If this is a work-related reference, tell us in what position was the candidate employed and for how much duration? (No word limit)
    3. What do you think are the candidate’s major strengths? (No word limit)
    4. What do you consider the candidate’s weaknesses or areas that need improvement? (No word limit)

    Interview Questions for MIT Sloan MBAn

    All candidates accepted into the MBAn programme will only be required to attend an interview on the invitation. An invitation to an interview indicates that your application has advanced in the review process, but it does not assure acceptance.

    It includes both behavioural and technical questions. Students may be asked questions in arithmetic, probability, statistics, and computer science related to data science and analytics as part of the technical interview.

    Additionally, the class will ask behavioural questions about how students collaborate with others, make choices, and resolve issues. The interview lasts between 45 and 60 minutes.

    The interview questions for MIT MBAn includes:
    Q: What can you tell me about yourself?
    Q: Could you walk me through your CV?
    Q: Why pursue an MBAN? Why did you choose the MIT Sloan School of Management as your school?
    Q: Why do an MBAN and not MBA? Why pursue an MBAN degree at this point in your career?
    Q: What are your immediate and long-term objectives?
    Q: What is your plan B (or backup plan) in the event that investment banking/consulting does not pan out?
    Q: What are your main assets? Could you please provide some examples?
    Q: What is your most significant flaw? Could you please provide some examples?
    Q: What value can you bring to the cohort/class?
    Q: Why should we consider you?
    Q: Is there a reason why shouldn’t we choose you for this program?
    Q: What do you think is your most crucial accomplishment to date?
    Q: Provide an example of a time when you were in a team, and there was a conflict. Q: How did you deal with that?
    Q: Tell me about a situation when you failed to meet a client’s expectations. What happened, and how did you make things right?

    What Makes MIT Sloan MBAn Unique

    Here are a few facts about MIT Sloan that makes it unique-

    • A distinct form of management school is MIT Sloan. It is not trying to improve the widget or take advantage of the most recent trend in business. Instead, MIT Sloan is assembling today’s greatest brains to address global challenges as a part of the top research institution in the world.
    • The school is investigating the future of employment at the nexus of business and technology.
    • It establishes businesses that will stimulate regional economies in underdeveloped nations.
    • Systems are being updated to improve health care and involve individuals worldwide in combating climate change.
    • For academics, this entails a variety of research areas.
    • Alumni benefit from a strong global network of creative thinkers eager to progress their careers and realise their dreams.
    • MIT Sloan translates a wealth of knowledge and abilities for organisational leaders everywhere with exceptional minds, solutions-oriented individuals and relevant research.

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    FAQ’s

    Is the MIT MBAn good?

    Employers are certain to favour MIT MBAn graduates due to MIT’s reputation for science and technology as well as Sloan’s standing as a top business school. Hence, it is an excellent option to pursue MBAn from MIT Sloan.

    Is it worthwhile to pursue a master's degree in business analytics?

    Graduates with an MBAn can enter the workforce with the best possible skills and competencies. It can also show companies that you have a high level of competence, which might open doors to more senior roles.

    MBA or MS in Business Analytics: Which is preferable?

    While MS graduates tend to gravitate into Data Science employment roles, limiting the options to the data science sector, an MBA typically offers a wider range of job opportunities. Hence, it completely depends on the choice.

    Is work experience required for MIT Sloan?

    Although its students have an average of five years of work experience, it is not a requirement for admission. 

    Naturally, if you have professional experience, you can take advantage of the many opportunities at MIT Sloan.

    Is a job in business analytics desirable?

    In terms of potential income, a career in business analytics is a smart choice. The United States Bureau of Labor Statistics reports that the median annual pay for market research analysts was $65,810 in 2020. 

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