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Sloan School of Management – MIT

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.

Curriculum

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:

Summer Term

  • Applied Economics for Managers
  • Data, Models and Decisions
  • Financial Accounting
  • Introduction to Operations Management
  • Marketing and Strategy
  • Organizational Processes
  • Leadership and Teams Lab

 
Fall Term

  • Innovation-Driven Advantage
  • Macro and International Economics
  • Seminar in Leadership I (includes field trip trip)
  • Financial Management
  • Electives

 
Spring Term

  • Seminar in Leadership II
  • Introduction to System Dynamics
  • Electives

 

Class Profile

There are 104 MIT Sloan Fellows in the 2019-20 class, representing 40 countries. On average, Fellows accrued 14 years of work experience before matriculating into the program. Nearly 22 percent of the class is female.

Tuition, Scholarships, and Financial Aid

Tuition for the 12-month MIT Sloan Fellows program is currently $136,135. 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.

Admissions

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.

Application deadlines are as follows:

Round One – Oct. 8, 2019
Round Two – Jan. 2, 2020
Round Three – Feb. 10, 2020

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