Veterans Ambassadors Day

Happy Friday! We are proud to have hosted Veterans Ambassadors Day yesterday on campus.

MIT Sloan Veterans Ambassadors Day 2014

MIT Sloan Veterans Ambassadors Day 2014

Veterans are an integral part of our MIT Sloan community, and their leadership skills contribute to our student experience in immeasurable ways.

Veterans Ambassadors Day consisted of a class visit, an Admissions information session, and an engaging panel with the members of the MIT Sloan Veterans Association. I want to say a special thank you to the Vets Association for their help in organizing this event, and for sharing their personal experiences about transitioning back into civilian life, being part of the MIT Sloan community, and the fantastic successes of our alumni.

Learn more about the Veterans Community at MIT Sloan. Have a great weekend!

Master’s Career Fair

Last week we released decisions to the MBA Round 2 and MSMS applicants. On behalf of the Admissions Team, a big congratulations to all AdMITs! We are excited to welcome you into the MIT Sloan community and to see you on campus this fall.

Current students are always looking toward the future and discovering the amazing places that MIT Sloan can lead them after graduation. When the Admissions Team is on the road, we are commonly asked about career support at MIT Sloan – What companies recruit MIT Sloan students? How can you help me use my degree to change careers? How strong is the alumni network?

These are all significant questions to think about before applying to a graduate program. MIT Sloan’s Career Development Office (CDO) partners with students, alumni, and companies to offer a wide range of resources to help students set and achieve their career goals.

One of these is our Annual Masters’ Career fair, an event that provides current students the opportunity to meet with a variety of top-notch companies. This year’s Career Fair included participation from AmazonApple, Biogen IdecClinton Health Access InitiativeEmersonFiksuGMCR KeurigLiberty MutualSanDiskShareable InkState Street, and UMT Consulting- to name a few.

Update & Sloan Innovation Period

It is officially springtime in Boston! We are hopeful that the next few weeks will bring warmer weather and outdoor activities for the MIT Sloan community to enjoy. Here in the Admissions Office, we are in the final stages of the 2014 application season. MBA Round 2 applicants will receive decisions on Tuesday, April 1. I wanted to take the time to thank all applicants for applying to MIT Sloan. It was a very competitive year for the MBA, MFin, and MSMS programs, and the Admissions Team enjoyed learning about you throughout this process.

During the spring semester, some students use Sloan Innovation Period (SIP) and spring break for their on-site visits to host companies  as part of their Action Learning Labs. Both China and India Lab students headed off to their respective countries for an intensive two weeks working on their projects and connecting with company representatives. Check out the incredible experience MBA student Nadir Vissanjy had last week in Beijing.

SVST 2014

Sloanies traveled to some amazing locations on their treks and study tours – Japan, Morocco, New York City, Israel, Palestine, Sweden, Spain, and Germany. Entrepreneurship & Innovation Track students also took a trip to the venture capital community in Northern California on the Silicon Valley Study Tour. They had the opportunity to meet with founders and CEOs of startups and successful enterprises in various fields of their interests. Be sure to keep checking the MIT Sloan Student Blog for more SIP stories!

MFin Decisions Are Out

Thank you to those who expressed interest in MIT Sloan and applied to the MFin Program. Yesterday, March 10, was our Decision Day, and on behalf of the Admissions Team I would like to say how impressed we were by this year’s applicant pool.

If you applied for the MFin Class of 2015, yesterday you received one of three status updates:

  • Admit:  Congratulations – You are IN!  You should look for your AdMIT packet from us arriving in the mail next week. Also, be sure to login and review our AdMIT website (login credentials were included in your decision letter).
  • Waitlist:  You received a wait list decision email that provided details on an upcoming online chat and a link to the FAQs page to help answer your related questions.
  • Not Admitted:  You received an email indicating that we cannot offer you a place in the incoming class.  Unfortunately, we cannot provide individual feedback to applicants. We hope that MIT Sloan will continue to be a resource for you in the future.

To those applicants who have been admitted – it is now decision time! I highly recommend reading about why our current students chose MIT Sloan in the MFin Class of 2014 student blog. A special thank you to these students for sharing their stories.

On the Road (Again!)

Several colleagues and I from the Admissions Team have recently returned from interviewing MFin candidates in Shanghai and Paris. We have really enjoyed meeting and getting to know all the aspiring MFins better through our one-on-one interviews. Here are some snapshots from our trip:

In other news – MSMS and MBA Program interviews are starting and will continue through March 21, 2014. In addition to holding interviews in Cambridge, our team will be traveling to the following cities:

London, Paris, Madrid, Tel Aviv, Mumbai, Dubai, Shanghai, Tokyo, Seoul, Hong Kong, San Francisco, Los Angeles, Mexico City, Santiago, Sao Paulo, Buenos Aires

Please see our previous post for interview tips. Best of luck to all interviewees!

Special Edition: IAP Student Stories

MIT Sloan students took full advantage of IAP (Independent Activities Period) to explore their passions, travel abroad, take classes, or prepare for their careers. Here are a few student spotlights on IAP 2014:

Leadership Lessons

One of the courses I participated in during IAP was “Leadership Lessons Learned from the Military”. Learning more about the military, its leadership structure and how it all relates to business was such a unique value proposition that I had to take the class. The course was methodically developed by two students, and the experience demonstrated it. There were panels of junior, mid-level and even senior military officials discussing the transferrable leadership and operational skills. We also had a powerful workshop that had us breakdown Post-Traumatic Stress Disorder (PTSD) as something beyond the military, and of course, how to work through it as we develop direct reports in our careers. Finally (and the most fun), we spent a morning at the Zesiger Center doing challenging leadership exercises, such as moving (fake) wounded soldiers, tying a human square knot and doing an 8-person push-up with no feet. Pretty great way to start the Spring semester. - Nadir Vissanjy, MBA ’15

First-Hand Experience

Alanna_HughesGiven that I stuck around campus for most of IAP to recruit for internships, I decided that I wanted to take advantage of some of the other opportunities broader MIT had to offer while I was in Cambridge. I ended up pursuing a small independent study with a MIT Media Lab professor where I combined my interests in international development, entrepreneurship, and technology to map out the global landscape of mobile tools that have been developed to make SMEs (small and medium enterprises) in emerging markets more efficient and effective. This was also linked to the company for which I consulted over the fall semester with the Sloan Entrepreneurs for International Development (SEID) club, and in the last week of January I had the opportunity to visit our SEID client in Amman, Jordan and conduct some on-site research for my independent study as well as experience first-hand some of the actions our SEID client was taking to introduce her mobile tool into MENA (Middle East and North Africa) markets.  – Alanna Hughes, MBA ’15

Golden Opportunity

Every year, a group of Sloanies travel to Omaha, NE to meet with Warren Buffet TrekWarren Buffett. This year, I was lucky to get this once-in-a-life opportunity! On January 31th, our 20 students flew to Omaha to meet and enjoy lunch with our idol. We first visited Nebraska Furniture Mart, a subsidiary of Berkshire Hathaway. Then Mr. Buffett held a two-hour Q&A session, during which he shared his investment philosophy and life experience with us. We were all inspired by his humor, humbleness and enthusiasm in investment. He said, “Of all the things I can think of doing in the world, I’m doing what I love the most and it really doesn’t get any better than that. I hope that you find whatever it is that you love doing.” -Ning Wang, MFin ’14

Funding a Goal

I had an amazing experience in Mexico City working with Échale a tu Casa, a start-up that builds and finances homes for low-income residents throughout Mexico. After over 10 years of building homes using their renowned high-quality, low-cost, community-involved construction process, Échale was looking to scale up their operations. This is where the team of MIT Sloan students and I entered the picture – we were assigned to help Échale raise about 3 million dollars, and to find new funding sources that ranged from banks to foundation and micro-finance institutions. I also had the specific task to use my prior experience as a documentary filmmaker to make a video that could be used to pitch investors in the U.S. and abroad. In the process of making the video, I met with families who echale still 2had recently finished building homes with Échale including Francesco, Échale’s charismatic leader. I also interviewed representatives in Mexico’s National Housing Commission to understand the challenge residents in Mexico face in finding adequate housing. I am now editing the video back in Cambridge, and am continuing to work with the MIT Sloan team team to help Échale reach their fundraising goal.- Phillip Gara, MBA’15 

A special thank you to all the students who shared their incredible stories!

MBA Round 2 Applicants – Important Update

If you have submitted your MBA application in Round 2, you are probably anxiously awaiting information on what comes next. Great news – we have some important updates for you!

The Admissions Team will begin sending out Round 2 interview invitations Friday, February 14 and will continue periodically through Friday, February 28. If you are not invited for an interview, you will receive a final decision from us by February 28.

The Admissions Team will be conducting R2 interviews here in Cambridge, as well as 15 additional cities across North and South America, Europe, and Asia. Specific dates and locations are TBD, but interviewees will receive at least one week’s notice of your interview date. If you are not living in one of the interview locations, you’ll be given the choice to meet us in the closest location to you, or you are always welcome to join us here on campus.

All interviews are conducted by members of the MIT Sloan Admissions Team – not by students or alumni. There are three components to the interview:

  1. During the first part, you may be asked follow-up questions on your application. For example, your interviewer might ask you to elaborate on a specific story you tell in an essay, or to describe a job that is mentioned on your resume.
  2. In the second part we will ask behavioral questions that will give evidence of certain competencies. Our goal is to really get to know you through your unique stories. An example of the type of question we may ask: “Tell me about a time when you had to build motivation in a colleague?”
  3. Finally, the third part of the interview will give you the opportunity to ask us any questions.

Please refer to my previous post for more interview tips.

Best of luck to all applicants!

MSMS Application Deadline Reminder

It has been a chilly few weeks here in Cambridge! Our Admissions Team is (trying to) stay warm and staying busy with reading MBA and MFin applications and conducting MFin interviews. We are almost ready to send out the MBA R2 interview invitations – check back for an upcoming post with exact dates and details. MFin interviews are underway, and we’ve met incredible candidates so far. Next week, a few of us will be traveling to Shanghai and Paris to meet additional MFin applicants. The MSMS application deadline is quickly approaching – it is next Wednesday, February 5. 

For those of you preparing an MSMS application, please remember a completed application consists of:

Resume, Two Essays, Three Recommendation Letters, Academic Records (Transcripts), and Test Scores

In addition, here are some important reminders on a few aspects of the application process:

  • Finalize your Recommenders. Be sure to fill out the recommender section of your application so your references may work on their letters. You may submit your application before your recommenders have submitted their letters, however, your three letters of recommendation must be turned in by the February 5th deadline.
  • Submit Early: We encourage you to submit your application before the application deadline so any potential issues can be addressed in a timely manner.

Do not hesitate to reach out to our Admissions Team if you have any final questions about your MSMS application.

We look forward to reading your applications, and meeting more interviewees on campus and on the road!

Current Students: What Surprised You About MIT Sloan?

We asked current MBA and MFin students: “Did anything surprise you about MIT Sloan?”  You may be interested in what they had to say:

  • I shouldn’t have been surprised, but you just can’t help noticing the level of diversity among the student body.  It’s the best place for making friends and I am thankful for all the interesting people I have gotten to know. In general, the international aspect adds so much to classroom discussion.
    MIT Sloan 100K Competition

    MIT Sloan 100K Competition

    It makes you see things in a different way and this is powerful  and important in the business world of today.

  • I was surprised that students are empowered to drive forward their ideas, no matter how ambitious or impactful.  The Administration steps forward and supports you, but the execution rests firmly on the students’ shoulders.  This speaks to the entrepreneurial spirit that is ever-present at MIT Sloan.
  • In some ways, it’s a breath of fresh air.  Not everyone is going into consulting or finance.  There’s freedom and flexibility.  I came to AdMIT Weekend and loved the people I met.  Such diversity and creativity is not typical.  They seemed to have richer experiences and a variety of aspirations.
  • There was more freedom than I expected to choose your curriculum. I was in command of where I wanted to go with my education.

    MIT Sloan Students at C-Function

    MIT Sloan Students at a Cultural Function

  • The emphasis on group-based assignments surprised me.  Teams are formed where everybody has something to bring to the table. I really liked that because I learned something new every time I met my team,  and I’m still good friends with my teammates.
  • I was surprised at how many opportunities there were to socialize and network. The C-Functions allowed me to connect with a lot of students who I otherwise wouldn’t have met.  I was also surprised by the number of business-plan competitions and hackathons.

MIT Sloan is a community that embraces diversity, and has an energetic and entrepreneurial spirit. I hope this gives you an inside scoop into what life is like for an MIT Sloan student! I invite you to visit campus to see for yourself.

MFin Applicants – What Comes Next

Dear MFin Applicants,

Thank you for your interest in our program, and thank you for submitting your application! We know that you are anxious and curious – so here is a rundown of what comes next:

The Admissions Team will begin sending MFin interview invitations starting tomorrow, January 21st and will continue to send them periodically through Friday, February 14th.  If you are not invited for an interview, you will receive a final decision from us by February 14th.  We request that applicants do not email the Admissions Committee inquiring about their interview invitation status.  We understand that this is a stressful time for applicants and we very much appreciate your patience.

All MFin interviews will be conducted in person.  In addition to holding MFin interviews here in Cambridge, we will also be meeting applicants for interviews in Shanghai, Paris, and Santiago.

Specific details regarding interview dates and locations are still being confirmed, but interviewees will receive an invitation one week prior to your interview date. If you are not living in one of the interview locations, you’ll be given the choice to meet us in the closest location to you, or you are always welcome to join us here on campus in Cambridge. 

Now, some additional interview tips and reminders on our policies: 

  • All interviews are conducted by members of the MIT Sloan Admissions team – not by students or alumni. 
  • We will be sharing an additional Interview Preparation Guide for those candidates invited to interview. 
  • A valid passport or photo ID is required at your interview.  Please make sure your name is printed in English on the ID. 

There are three components to the interview:

  1. You may be asked follow-up questions from your application. For example, your interviewer might ask you to elaborate on your academic and/or professional experiences, or provide more detail on a specific example from your application.
  2. You will be asked behavioral questions that will give evidence of certain competencies. An example of the type of question we may ask: “Describe a situation where you had a conflict with another individual, and how did you deal with it?”
  3. Finally, we will give you the opportunity to ask us any questions.

Lastly, except for updated Fall 2013 transcripts, we are not accepting any additional application materials at this time.  

The Admissions Team is looking forward to getting to know interviewees better – We hope that you take the opportunity via the interview to get to know us better too!