Sloan School of Management – MIT - Sloan Fellows
MIT Sloan Fellows Program Structure
The MIT Sloan Fellows program is a year-long, full-time executive MBA program. The program has four components: two orientation periods in April and June that students are strongly encouraged to attend, followed by three academic terms in the summer, fall and spring. The entire month of January is dedicated to participating in Sloan’s Independent Activities Period (IAP), a four-week term that allows Sloan Fellows to branch out and take a more diverse range of classes than during the rest of the year. Please note, the IAP may be impacted by COVID-19.
While the summer term is comprised solely of required foundation courses, the fall and spring terms blend foundation courses with over 100 available electives, ranging from “Strategic Leadership Communication,” to “Blockchain and Money.” The capstones of the program are two study trips taken during the spring term, one to New York and one to Washington DC and selected international locations. The MIT Sloan Fellows curriculum places a heavy emphasis on leadership training and gaining a global business perspective. Foundation courses by term are listed below:
- Applied Economics for Managers
- Data, Models and Decisions
- Financial Accounting
- Introduction to Operations Management
- Marketing and Strategy
- Organizational Processes
- Leadership and Teams Lab
- Innovation-Driven Advantage
- Macro and International Economics
- Seminar in Leadership I (includes field trip)
- Financial Management
- Seminar in Leadership II
- Introduction to System Dynamics
There are 103 MIT Sloan Fellows in the 2020-21 class, representing 37 countries. On average, Fellows accrued 14 years of work experience before matriculating into the program. Nearly 22 percent of the class is female. Sixty percent of the class is international.
Tuition, Scholarships, and Financial Aid
Tuition for the 12-month MIT Sloan Fellows program is currently $136,107. With the included costs of housing, books, supplies, food, and other fees, the total cost comes to $192,115.
All MIT Sloan Fellows seeking loans must complete the MIT graduate loan application to determine their eligibility for loan options. U.S. Citizens and Permanent Residents are eligible for both government and private loan programs, while international students are only eligible for private loan options.
MIT Sloan Fellows are eligible for a number of scholarship opportunities, including Dean’s Fellowships, Fulbright Grants, and Legatum Fellowships for students committed to starting a business in a low-income country.
The MIT Sloan Fellows program does not stipulate any hard admissions requirements, but they note that only candidates with at least 10 years of work experience and an undergraduate degree will be strongly considered for the program.
Applicants to the MIT Sloan Fellows program must submit GMAT or GRE scores (which can be waived with certain good grades) a resume; a statement of objectives and an essay, a 60 second video which can be found on the program’s online application; two letters of recommendation; official transcripts of any undergraduate and graduate degrees; and a $250 application fee. The program also requires sponsored applicants to submit a funding letter and applicants whose native language is not English to submit TOEFL or IELTS scores.
Active U.S. Armed Forces members are eligible for an application fee waiver.
2020-2021 MIT Sloan Fellows Deadlines
Round Two – Jan. 11, 2021
Round Three – March 1, 2021
MIT Sloan Fellows FAQ’s
How has the university coped with the pandemic?
Classes are predominantly online during the pandemic.
Are MS programs available at MIT Sloan?
A comprehensive Master of Science in Management Studies program exists at the university.
What industries did recent students come from?
Nineteen percent of the recent class came from the finance industry, 33% of the most recent class held advanced degrees.