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Massachusetts Institute of Technology

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MIT Sloan School of Management
SB in Management Science
Address: MIT Room E40-161
77 Massachusetts Ave
Cambridge, MA
US 02139

B-SCHOOL & PROGRAM BASICS
Massachusetts Institute of Technology is a private institution. Its undergrad business program was founded in 1914 and is accredited by AACSB

Summer 2006 classes begin 06/12/2006
Fall 2006 classes begin 09/06/2006
Spring 2007 classes begin 02/06/2007
Summer 2007 classes begin 06/11/2007


Enrollment
Total undergraduate business school enrollment 292
Total full-time undergraduate business students 292
Total part-time undergraduate business students 0
Total distance undergraduate business students N/A

Total graduate business school enrollment 1,032
Full-time MBA students 710
Part-time MBA students N/A
Distance MBA students N/A
Executive MBA students N/A
PhD program students 80
Doctorate of Business Administration (DBA) students 80


STUDENT PROFILE: MOST RECENT ENTERING CLASS
Female students in class 47
International students 9
Married students N/A


For U.S. schools only:
African American students 6
Alaskan Native of Pacific Islander American students N/A
Asian American students 24
Mexican American students N/A
Puerto Rican students N/A
Other Hispanic American students 10
White (non-Hispanic) students 39
Multiethnic/Multiracial students N/A
Not reported 10
Other 2


North American students by region:
Canada N/A
Mid-Atlantic U.S. 11
Midwest U.S. 9
Northeast U.S. 28
South U.S. 13
Southwest U.S. 9
U.S. Possessions and territories 1
West U.S. 16


N/A% of students are nationals of a country outside the U.S.

CLASS TRAITS: MOST RECENT ENTERING CLASS
Required standardized tests SAT
SAT Scores for full-time entering business students
Average 1477
Median 1510
Range (Middle 80%) From 1370 to 1570
Minimum SAT Score N/A

ACT Scores for full-time entering business students
Average 32
Median 33
Range (Middle 80%) From 30 to 35
Minimum ACT Score N/A

Minimum High School GPA N/A
Does the school require an entrance exam? N/A

Student Age (years)
Average 18
Median 18

For Internal Transfers
Minimum overall college GPA N/A
Additional application requirements
N/A

ADMISSIONS
University Application fee (resident) $65.00
University Application fee (nonresident) $65.00
University Application fee (non-resident transfers) $65.00

Business program application fee (freshman resident) $N/A
Business program application fee (non-resident freshman) $N/A
Business program application fee (internal transfers resident) $N/A
Business program application fee (internal transfer non-resident) $N/A

N/A manages admissions to the business program
10,440 people applied to undergraduate programs for the 2005 academic year. The school accepted 14.00% (selectivity) of those applicants, and % of admitted applicants (yield) enrolled.
N/A% of applicants had applied in prior years, and of those reapplicants N/A% were accepted.
The university placed 469 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.
Business program Does Not admit freshmen
Freshmen apply N/A
Internal transfers apply Declare business major
N/A freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
N/A% of these applicants were admitted to the program and N/A% of admitted students enrolled.
N/A% internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. N/A% were admitted to the program.
Applicant Profile
Female applicants 27
International applicants 22

Interviews for applicants are recommended
Additional application requirements (including those for international students): N/A

COSTS
Annual Total Program Costs
(including all tuition and required fees, for full-time students)
Resident U.S. $44,600.00
Non-resident U.S. $44,600.00
Room and Board $9,500.00
Books $1,100.00
Other Expenses $0



Tuition per credit hour (U.S. dollars)
Resident $505.00
Nonresident $505.00

2006-2007 DEADLINES
University Application deadlines for:
Summer 2006 N/A
Fall 2006 01/01/2006
Spring 2007 N/A
Summer 2007 N/A


Business Program deadlines for:
Summer 2006 N/A
Fall 2006 N/A
Spring 2007 N/A
Summer 2007 N/A


Financial Aid deadlines for:
Summer 2006 N/A
Fall 2006 03/01/2006
Spring 2007 N/A
Summer 2007 N/A

FINANCIAL AID
N/A manages financial aid for the business program
Financial Aid Web site
Total scholarship money distributed to business students through the financial aid office (June 30, 2004-June 30, 2005) $3,379,292.00
Total scholarship money to be distributed through the financial aid office (June 30, 2005-June 30, 2006) $2,992,638.00
Scholarships are awarded to students in the business program based on financial need
Scholarships in the 2005-2006 academic year
Business students receiving scholarships 144
Business students receiving full-tuition scholarships N/A
Need-based scholarships 100.00%
Merit-based scholarships 0%

How do applicants apply for scholarships?
Each applicant must submit CSS Profile, Federal FAFSA, and supporting W2's and tax forms (parents')
The school does offer a guaranteed loan to all business students (regardless of nationality)
The maximum amount a business student can borrow per year is: $44,600.00
The average outstanding debt among 2005 business program graduates is: $8,279.00


CONTACTS
Dean Richard Schmalensee was hired 11/01/1998