If attending any other business school is like enlisting in the Navy, joining MIT Sloan is more akin to becoming a pirate with its can-do spirit that sometimes bends the rules.
At Sloan, it’s about the four Hs: the Heart to strive, the Head to keep up, the Hands to get things done, and the Home to take risks in a supportive environment. The ideal candidate is looking for the big treasure chest – innovation-driven entrepreneurship, market disruption, and economic transformation.
At Sloan “past is prologue,” meaning that Sloan is far more interested in what you have accomplished in the past than your aspirations for the future. Don’t bother telling Sloan how smart you are or how good you are at math – they’ll figure it out. Rather, share with them some things that you have done that you are really proud of or maybe something a little off course that may leave other schools scratching their heads. After all, this is MIT, where being a little older, a little less traditional, and maybe even not as good at math as some (check the average GMAT score – not as high as you’d think) isn’t a problem, it’s an opportunity.
In short, Sloan is a meritocracy, a place where you can be more mature, less traditional; a little more adventurous in your thinking, but accomplished in your doing. If this is you — if you’re a pirate — then Sloan is the place for you like nowhere else.
During Sloan’s one semester core, students work in teams of six or seven to develop fundamental business skills with a focus on teamwork and leadership including the first intensive Sloan Innovation Period (SIP) experiential leadership learning. Curriculum is extremely flexible thereafter with the opportunity to write a thesis or enroll in courses elsewhere at MIT. Sloan recognizes that management education is constantly changing and has adapted its offerings to meet the needs of business leaders. MIT Leadership Center, action learning projects, and certificate programs in health care and sustainability demonstrate the breadth and depth of Sloan’s innovative academics.
The grandfather of all business plan competitions, MIT $100K Competition connects Sloan students with colleagues from across MIT, Cambridge, and other universities. Akamai, Brontes Technologies, HubSpot, and many others are products of the $100K. Total market cap created = billions.
Courses, clubs, lunches, conferences, and trips focused on sustainability are core to Sloan’s DNA and the MIT Sloan Sustainability Initiative. Students can gain a better understanding of the business of “green” or do a deep dive by obtaining a certificate in sustainability.
MIT Sloan’s most well-known hackathon is the Sloan Sports Analytics Hackathon where nerds geek out to sports statistics “money ball” style. The dean of sports nerds is Houston Rockets GM Daryl Morey, Sloan MBA. Other hackathons include the Hacking Arts Conference and the Tech Expo and Hackathon which promotes entrepreneurship and innovation in the creative arts. Very cool.
The MIT Venture Capital & Private Equity Club is one of the largest on campus hosting the MIT Venture Capital Conference, speakers, treks, case competitions, job placement, and networking. Biotech is a particularly hot sector with Sloan’s neighborhood becoming the “Silicon Valley of biotech.”
MIT Sloan takes great pride in its neighborhood, Kendall Square, Cambridge. Across the street are Google, Amazon, Microsoft, and the Cambridge Innovation Center (an incubator for 300+ companies). There is nowhere else in the world where the “big 3” are so close to each other, and the difference in cultures can be seen just by the fronts of their buildings. Venture capital firms nearby include NEA, Atlas Ventures, Charles River Ventures, Highland Capital Partners, Google Ventures, and NextView. So close you can throw them your business plan. For the biotech-inclined, the Broad Institute for Genomics, Pfizer, Biogen, Novartis, and Genzyme are Sloan neighbors.
Class Profile (Class of 2021)
Class Size: 416 (includes ~50 LGO students and ~350 MBA students)
Average Age: N/A
Average Work Experience: 5 years
Underrepresented Minority: N/A
International Citizenship: 41%
Average GMAT: 727
80% GMAT Range: 690-760
Average GPA: 3.6
- Consulting: 30.5%
- Manufacturing: 21.7%
- Media/Entertainment: 2.7%
- Nonprofit: 0.7%
- Retail: 4.4%
- Technology: 23.9%
- Other: 1.8%
- Outside US: 9.8%
- Northeast: 42.9%
- West: 33%
- Southwest: 4.2%
- South: 3.7%
- Midwest: 3.4%
- Mid-Atlantic: 2.7%
- US Territories: 3%