The Best B-Schools-MIT Sloan School of Management

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PROGRAM BASICS
Undergraduate Program in Management Science

77 Massachusetts Ave
Room E52-101
Cambridge , Massachusetts 02139

Web site
http://mitsloan.mit.edu/undergrad/

Program e-mail address:
ugprogram@sloan.mit.edu

Program telephone number:
(617) 253-8614

  
Private Institution

  AACSB accredited:
Yes





Year in which the undergraduate business program was founded:
1914

  Institution:
Four Year

  Business program:
Four Year

Degrees offered:

Degree/Program Name:
SB Management Science

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PROGRAM COSTS
Annual Tuition (Resident):
$  37,510

Annual Tuition (Non-Resident)
$  37,510

Cost per academic credit (resident)
$  585

Cost per academic credit (non-resident)
$  585

Required fees
$  272

Room and board:
$  11,360

Books:
$  1,150

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ENROLLMENT
Total college enrollment for 2009-10:
10,384

Full-time undergraduate business student enrollment:
190

Part-time undergraduate business student enrollment:
0

Distance undergraduate business student enrollment:
0

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ADMISSIONS - Getting Into the Institution

Required standardized tests for entire college:


SAT Reasoning Test or ACT with Writing
2 SAT Subject Tests one each in math and science




  Interviews for entire college:
Not required

Additional application requirements for entire college:
Non-native English speakers have the option of taking TOEFL in place of SAT Reasoning Test or ACT with Writing. In order to apply, transfer applicants must have minimum of 2 semesters of college, but not more than 5 semesters, at the time they would enroll.

Upcoming application deadlines for entire college:

Semester: Fall 2010
Deadline: 01-01-2010

Selectivity -- applicants admitted, entire college, 2009-10:
11  %

Yield -- accepted applicants enrolled, entire college, 2009-10:
64  %

Total number of full-time applications for entire college:
15,663

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International applicants, entire college, 2009-10:
23  %

Female applicants, entire college, 2009-10:
30  %

Relative Importance of Application Elements:


  Secondary School Record:
Important

  Class Rank:
Important

  Talent/Ability:
Important

  Interview:
Important

  Extracurricular Activities:
Important

  Volunteer Work:
Considered

  Character/Personal Abilities:
Very Important

  Application Essay:
Considered

  Work Experience:
Considered

  SAT/ACT Scores:
Important

  Recommendations:
Important

  High School GPA:
Important




Minimum requirements for business program:
N/A

  Freshmen admitted into business program:
No


Additional application requirements for freshman admits:
N/A

  Internal transfers handled by:
Declare business major


Additional requirements for internal transfers:
N/A

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CLASS PROFILE
Class Profile:

Female: 40  %
International : 7  %

Entering students by age:

Mean: 19.7
Median: 19.5

Percent of Students Who Were In:
      Top 10% of high school class:
100  %

      Top 25% of high school class:
100  %

HS GPA of 3.75 or higher:
90  %

HS GPA of 3.5 to 3.74:
10  %

SAT scores for full-time entering business students on 1600 scale:

        Mean:  1,477
        Median:  1,500

SAT middle 50% range on 1600 scale:

        From:  1,430
        To:  1,520

ACT scores for full-time entering business students:

        Mean:  34
        Median:  35

ACT middle 50% range:

        From:  33
        To:  35

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Citizenship of entering students

U.S.: 83  %
Canada: 0  %
Other countries: 7  %
Unknown: 10  %

Percentage of US citizens in entering class who are:

African American: 3  %
Asian American: 46  %
Hispanic or Latino American: 11  %
Multiethnic/Multiracial : 0  %
Native American: 4  %
White (Non-Hispanic): 18  %
Chose not to report: 18  %
Other: 0  %

Entering students are from the following regions:

Northeast: 40  %
Mid-Atlantic: 8  %
South: 12  %
Southwest: 12  %
Midwest : 4  %
West: 20  %
Possessions and territories: 4  %

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FINANCIAL AID
  Financial aid handled by:
Central financial aid office at the university

Financial aid web site
http://www.mit.edu/finaid/

Institutional scholarship money distributed to undergraduate business students in previous academic year:
$  2,757,918

Institutional scholarship money to be distributed to undergraduate business students in current academic year:
$  288,582,760

Scholarships awarded to students in the business program based on:
Financial need

Other scholarship considerations:
N/A

Undergraduate business students receiving institutional scholarships for 2009-10 academic year:
60  %

Undergraduate business students with full-tuition scholarships 2009-10:
31  %

Percentage of institutional scholarship money distributed to business students based on merit, 2009-10 year:
100  %

0  %

  Scholarship consideration process:
All candidates are considered for scholarships

  School offers guaranteed loans:
Yes

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PROGRAM BASICS
Institutional freshman retention rate:
97  %

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PROGRAM REQUIREMENTS
Credit hours required for graduation:
N/A

Other degree requirements:
17 subjects plus 180 MIT Department Units