MIT Sloan MBA News
Get the latest MBA news from MIT Sloan.
Published: March 14, 2023
MBA Career Trends: Big Tech Roles Remain Popular with Graduates
Take a closer look at MBA graduates’ tech industry jobs placement overall and at Big Tech firms for the full-time MBA Classes of 2018 to 2022. Despite a recent decline in tech industry hiring, the technology sector continues to be a popular choice for MBA graduates because it provides them with the chance to impact a domain with a big influence on everyday life. For example, a project manager role in tech offers MBA graduates an opportunity to manage and launch the latest consumer tech brands. In addition, the top MBA programs have a strong track record
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Published: February 21, 2023
MBA Career Trends: MBB and Amazon’s Impact on Job Placements
MBA programs provide a great formal business education that can help graduates accelerate their careers in many different business industries. In fact, MBA employment reports published by the business schools often list hundreds of employers who have hired recent MBA graduates. However, a closer inspection of these reports reveal that four firms (McKinsey, BCG, Bain and Amazon) actually represent up to 30% of all jobs accepted by recent graduates at many leading MBA programs. Job Concentration at Top MBA Programs Business school finance faculty often highlight the benefit of diversification. For example, an investor can reduce volatility in their equity
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Published: February 14, 2023
MBA Career Trends: MBB Consulting Job Placements at Top B-Schools
MBA graduates continue to seek out management consulting jobs for the opportunity to provide strategic advice to business leaders operating large companies. Jobs at leading strategy consulting firms such as McKinsey, Bain and BCG (MBB) are particularly coveted by business school students because these firms often provide a fast track to senior positions in large corporations. In addition, M7 business schools such as Kellogg have a particularly strong track record of MBB job placement. Management Consulting Job Placement for the MBA Class of 2022 All of the top MBA programs provide their MBA graduates with the opportunity to pursue a
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Published: February 12, 2023
The Week Ahead: MBA Interview Invitations, February 13-17, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Round 2 is underway. Interview invites continue to roll out for Round 2 candidates. We are expecting to hear from MIT / Sloan in the next several days. Friday, February 17, UPenn / Wharton is scheduled to release its Round 2 interview invites. How Clear Admit+ and “The Wires” Can Help Subscribe to Clear Admit+ for comprehensive guidance on all aspects of the admissions process in an easily digestible series of video lessons, data tools, and digital
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Published: February 6, 2023
Resume- vs. Application-Based MBA Admissions Interviews
Some business schools believe strongly in the notion of résumé-based interviews, which means that your interviewer will know nothing about you in advance of the MBA admissions interview other than what appears on the résumé you give them. Schools that fall firmly into this camp include Yale School of Management (SOM), Columbia Business School and the University of Chicago Booth School of Business. We should note that at UVA’s Darden School, the MBA admissions interview is truly context-free, meaning the interviewer will not have read or reviewed either your application or your résumé. “Your
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Published: February 1, 2023
MBA Career Trends: M7 Schools Lead in VC & PE MBA Placements
MBA graduates continue to be drawn to finance jobs due to the lucrative compensation packages, the chance to work on high-profile deals at investment banks, and the opportunity to invest in the next billion-dollar company at a venture capital or private equity firm. As we will see below regarding the MBA Class of 2022, the top MBA programs really deliver on finance industry placement and can accelerate finance careers. In particular, M7 business schools dominate in the buy-side job placements for venture capital, private equity, and investment management. In this analysis, we review MBA Class of 2022
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Published: January 26, 2023
MBA Real Humans: Students – LIVE Webinar Winter 2023
The Clear Admit Real Humans: Students Series spotlights current students of the top MBA programs. Each of the student share their current MBA experiences and what they did after they were accepted to the MBA programs. Join us at 8 pm ET on Wednesday, February 22nd to learn about: 1. How do you pick a school? 2. How do you prepare? 3. How do you leave your place of employment? 4. Should you seek a pre-MBA internship? All of this and more! Register below to join this session – we hope to see you there!
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Published: January 17, 2023
MBA Career Trends: Tech Job Decline at Top B-Schools
MBA Class of 2022 graduates were clearly impacted by the softening in the technology sector in 2022 after the pandemic-fueled growth in tech industry jobs in 2020 and 2021. Compared to the Class of 2021, Class of 2022 graduates were offered fewer jobs in the technology industry, leading many graduates in search of other options. Fortunately, consulting firms increased hiring for the Class of 2022 to help offset the decline in tech industry hiring. Will this growth in consulting jobs last or is the decline in tech jobs an early sign of an overall MBA job market
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Published: January 15, 2023
The Week Ahead: MBA Deadlines, January 16-20, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Round 2 is underway. We are closing out the Round 2 deadlines this week. Wednesday, January 18, MIT / Sloan has its Round 2 application deadline. How Clear Admit+ and “The Wires” Can Help Subscribe to Clear Admit+ for comprehensive guidance on all aspects of the admissions process in an easily digestible series of video lessons, data tools, and digital publications. Visit MBA LiveWire for the latest “buzz” about MBA admissions, including interview invitations and decision notifications. There
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Published: January 4, 2023
Real Numbers of MBA Admissions: Cost of MBA Programs in the U.S.
In this edition of Real Numbers of MBA Admissions, see the total cost of a full-time MBA per year at U.S. schools. Tuition comprises most of the cost of each program. Other factors, including room and board, program fees, books and supplies, health insurance, transportation and other expenses, have been added to provide the total cost of an MBA in the U.S. by year. Most business schools provide a breakdown of the expenses, which are posted under the financial aid or admissions section of their websites. Schools also typically take the total cost of attendance into account
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Published: November 28, 2022
Real Humans of the MIT Sloan MBA Class of 2024
Welcome to another edition of Real Humans: MBA Students in which we get to know some new business school students and their journeys through admissions. This time, candidates of the MIT Sloan Class of 2024 share their stories and advice. A total of 408 students joined the MIT Sloan Class of 2024. Women constituted 46 percent of incoming students. Forty percent of students in the class are international and 63 countries are represented. The new class’s median GMAT score landed at 730, and the middle 80 percent range of results spanned from 690 to 760. For those
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Published: November 17, 2022
MIT Sloan Employment Report: MBA Class of 2022 Secures Strong Employment Outcomes
The MBA Class of 2022 of the MIT Sloan School of Management saw upward trends in placement and salary, according to the MBA employment report. Sloan MBAs are looking toward their futures, with 42.3 percent citing growth potential as their top reason for accepting a position. Within three months of graduation, 96.6 percent of graduates had received job offers. The median salary this year improved 10 percent from the Class of 2021 to $165,000, and the median signing bonus held steady at $30,000. Where MIT Sloan
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Published: October 30, 2022
Round 2 MBA Application Deadlines 2022-2023
To help you stay organized, we’ve compiled all of the Round 2 MBA application deadlines (and some Round 3 ones) all in one place. You’ll find links to our corresponding Essay Topic Analysis in the “Essay Analysis” column. School Deadline Decision Essay Analysis Application Live? INSEAD (R2 August Intake) 11/15/2022 1/20/2023 Yes Yes Indian School of Business 11/27/2022 2/2023 Yes Yes Dartmouth / Tuck 1/4/2023 3/16/2023 Yes Yes Harvard Business School 1/4/2023 3/29/2023
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Published: October 20, 2022
MIT Sloan MBA Class of 2024 Profile: Boost in Domestic Diversity
The MIT Sloan MBA Class of 2024 profile reflects students’ diversity of skills and experience that Sloan sees as critical to the MBA program. 408 matriculated in the fall of 2022, representing a smaller class size of the year prior, 450, and two years ago, 484. Here are some key elements of the profile: MIT Sloan MBA Class Profile: Undergraduate Background Median Undergraduate GPA 3.62 Percent majoring in engineering 29% Percent majoring in business 23% Percent majoring in economics 17% Percent majoring in science & math 15% Percent majoring in humanities, social sciences 12% MIT MBA
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Published: September 15, 2022
Bloomberg Businessweek Business School Rankings 2022-2023 Key Takeaways
Bloomberg Businessweek’s 2022-2023 Best B-Schools ranks the top business schools globally by region, charting assessments of programs in the U.S., Europe, Asia-Pacific region, and Canada through a rigorous analysis of data and survey responses. This year, the ranking covers 117 business schools. To qualify, programs had to be taught primarily in English. Bloomberg Businessweek surveyed 6,422 students, 11,304 alumni, and 778 employers, and also weighed compensation and employment data to determine schools’ scores. The top five of the U.S. business schools ranking sees the same schools as last year’s, with some slight shuffling. The Stanford Graduate
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Published: September 8, 2022
MBA Admissions Interviews 2022-2023: On-Campus, Off-Campus or Virtual?
Due to Covid-19, business schools conducted MBA admissions interviews virtually the past few seasons. Now, some business schools are opening back up to welcome MBA applicants to campus for visits and interviews. See if your target programs offer the options of on-campus, off-campus, and/or virtual interviews for the 2022-2023 admissions season in the chart below. School On-Campus Off-Campus Virtual Columbia Business School ✔ ✔ Cornell University SC Johnson Graduate School of Management ✔ Limited ✔ Dartmouth College Tuck School of Business ✔ Duke University Fuqua School of Business ✔ ✔ ✔ Harvard Business School
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Published: August 23, 2022
Real Numbers of MBA Admissions: Percentage of U.S. Minorities at Top U.S. Business Schools
The percentage of U.S. minorities at top U.S. business schools can provide a sense of the diversity you will find in your MBA program. U.S. minorities is defined as enrolled students at business school who are US citizens or permanent residents who self identify as African American, Hispanic/Latinx, Native American, Asian Pacific, or Asian Indian. See the percentage of minorities as reported by top business schools in the chart below. U.S. School % U.S. Minorities Carnegie Mellon University Tepper School of Business 44% Columbia Business School 40% Cornell University SC Johnson Graduate School of Management 43%** Dartmouth
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Real Numbers of MBA Admissions: Percentage of Female MBA Students
Over the past decade, the percentage of female MBA students has been on the rise across leading business schools. USC Marshall was the first leading business school to achieve gender parity while others have achieved or continue to strive for that benchmark. The Forté Foundation has also consistently reported that women are either gaining or holding their ground on b-school campuses. Look at the chart below to see the percentage of female MBA students at leading business schools around the globe. Business School % Women Arizona State University
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Early & Round 1 MBA Deadlines 2022-2023
To help you stay organized, we’ve compiled a chart of the earliest deadlines, including Early Action and Round 1, of the top business schools in one place. For schools that have announced their essay topic(s), you’ll find links to our corresponding Essay Topic Analysis in the “Essay(s) Released” column. We will continue to update this table as more Round 1 MBA deadlines and essay topics are announced. Deadlines are for Round 1 (unless otherwise noted). Last updated: August 16, 2022 School Deadline Decision Essay(s) Released? Application Live? Oxford / Saïd 8/31/2022 10/26/2022
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Real Numbers of MBA Admissions: Class Size of Top U.S. MBA Programs
Business schools come in all shapes and sizes and the class size of top MBA programs can be a factor in considering fit. From networking to a tight-knit culture to campus opportunities, class size can reveal much about an MBA program. No matter which program you choose, the top MBA programs strive to ensure relationship building during full-time b-school life. Some larger programs, such as Harvard Business School and CBS, mainly break the student body down into cohorts/sections/clusters of dozens of students. Other U.S. business schools, like Wharton, also have Learning Teams, groups of 5-6 students who
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Admissions Director Q&A: Dawna Levenson of MIT Sloan
In the latest interview for our Admissions Director Q&A series, the Assistant Dean of Admissions at the MIT Sloan School of Management, Dawna Levenson, returns to delve into all things MIT. Dawna Levenson, Assistant Dean of Admissions, MIT Sloan School of Management As the leader of the admissions team, Dawna oversees all recruiting, evaluation, conversion and marketing activities in support of the MBA, Sloan Fellows MBA, Master of Finance (MFin), Master of Business Analytics (MBAn), MBA Early Admission, and Master of Science in Management Studies (MSMS) programs. Prior to this role, Dawna was the Director of Admissions
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Real Numbers of MBA Admissions: Average GRE Scores by Top U.S. Business Schools
Average GRE scores by business school can provide applicants with a sense of the rigor of the MBA program, expectations of the adcom and general competitiveness of the applicant pool. While the GMAT used to be the only accepted admissions exam at leading MBA programs, many have opened up to other options, including the GRE. The GRE consists of a 60-minute Analytical Writing section, which includes two essays that applicants have 30 minutes each to complete. An additional Verbal Reasoning section also features two 30-minute sections of 20 questions each. Another two sections are devoted to Quantitative
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Real Numbers of MBA Admissions: Average GMAT Scores at Top U.S. MBA Programs
If you completed the new GMAT Focus edition, now simply referred to as the GMAT, with a score ending in a 5, please refer to Coming to Grips with the New GMAT Scores. The analysis below refers to the traditional GMAT test. See where your GMAT score lands among the top U.S. MBA programs, as we report the average GMAT scores in the chart below. If you have yet to take the GMAT, you can also get a sense of what score you need to target. Business school admissions use the GMAT score as a sign of applicants’ academic
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What Are M7 Business Schools?
In U.S. graduate management education, the M7 business schools are considered to be the seven best in the space. They offer elite MBA programs and are known for their highly selective admissions processes—it’s no wonder the “M” stands for “magnificent.” Which Business Schools Comprise the M7? The schools that make up the M7 include: Columbia Business School (CBS) Harvard Business School (HBS) MIT Sloan School of Management (MIT Sloan) Northwestern University Kellogg School of Management (Northwestern Kellogg) Stanford University Graduate School of Business (Stanford GSB)
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MBA Essay Insight Webinar Series Summer 2022
We’re sure you’ve already heard that the application essays are a crucial component of the MBA application. So how can you ace this part of the admissions process without the use of sample essays? Get essay tips straight from admissions representatives at leading business schools during our upcoming MBA Essay Insight Webinar Series! Dates: July 13, July 20, July 27 & August 3. Time: 12 pm-1 pm Panel & 1 pm-1:30 pm Breakout Q&A with Individual Schools (all times Eastern) Each session will start with a 60-minute roundtable panel,
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