Top STEM Masters degrees: Master of Finance and Master of Business Analytics

We are excited to offer two STEM classified master’s degrees in finance and business analytics. While on the surface these degree opportunities may sound similar – studying at a world-class institution, action learning opportunities, and classes taught by faculty who are leaders in their field – the details of each program are really quite different.

Is Finance your passion?  Are you about to complete your undergraduate degree or have you been working in the finance industry for a few years?  Our Master of Finance (MFin) program, which can be completed in either 12 or 18 months, may be the right fit for you. As an MFin student, you may opt to concentrate in financial engineering, capital markets, or corporate finance. MFin applicants come from a variety of backgrounds with strong analytical skills. Through a rigorous curriculum the program prepares you to make an impact in a broad range of financial careers including Asset Management, Private Equity, and FinTech.

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Do your interests lie in the area of Data Science?  If so, you may choose our Master of Business Analytics (MBAn) degree. This fall, MIT Sloan welcomed its first cohort of students into this specialized 12-month program. The program was launched in conjunction with the MIT Operations Research Center and is designed for recent college graduates with strong mathematical, computer science and statistical backgrounds.  If big data and programming languages such as Python, R, Julia, or JMP excite you, explore the MBAn curriculum which culminates with a hands-on summer capstone project working with companies on real business issues.

“I joined the MBAn program because I knew that when MIT set their sights on something, they do it right. I was very excited when I saw the variety of options within the program and how it combines key aspects from statistics, optimization, math, and computer science. I also think the setting for the program is both unique and amazing. At many universities, analytics programs are housed with the School of Engineering, but I feel that MBAn’s position within MIT Sloan combines technical skills with knowledge about how to implement insights. Being in a business school environment enables me to learn from a different set of students that have amazing experiences and perspectives.” –Karoline Egeland Skatteboe, MBAn ‘17

Whether a Finance or Business Analytics focus, students greatly benefit from the STEM classification of each program. The rigor of STEM classification is valued by all employers and benefits both domestic and international students. This designation also allows international students to extend their optional practical training in the United States if they so desire.

MBA Admissions Interview Insights

For those of you preparing for interviews, our goal is to meet you and get to know you better. We are looking to collect as much information as possible to supplement your application and to help support your candidacy for MIT Sloan.

We use a Behavioral Event Interview (BEI) model to assess candidates for the MBA program. Our interviewer will spend 30-45 minutes asking questions about your past experiences to better learn how you think, act, and reflect. It’s important to come prepared with stories and examples that you did not discuss within your written application. Keep in mind your interviewer will have reviewed your application prior to meeting with you.

Check out this video of Jen Barba, Associate Director of Admissions, with tips on what to expect during the interview.

This Round we are travelling to 20 different cities to meet with you. If you are visiting campus for your interview, we encourage you to take advantage of the programming we’ve put together to help you learn more about us – you’ll have a chance to visit class and/or join current students for lunch.

Here’s a quick recap with some important tips on the interview:

  • Ask important & thoughtful questions that are meaningful to you!
  • Do your research prior to the interview!…We are not only assessing your past experiences but also your fit with, and enthusiasm for MIT Sloan.
  • Be professional. Dress in business attire.

As a reminder, we will continue to send interview invitations until November 1st. By that date, every R1 applicant will receive an updated decision status.

MBA Round 1 Interview Updates

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Our Admissions Committee is busy reviewing Round 1 applications for the Class of 2019! We have already begun sending interview invitations to Round 1 candidates, and will continue to send them until November 1st. By November 1st, every R1 applicant will receive an updated decision status.

Round 1 interviews begin next week in Asia and will continue through early December. We will give applicants as much notice as possible when scheduling interviews, and candidates will have the choice of interviewing on campus, or in a city closer to their current location. We plan to visit approximately 15 cities, both within the US and abroad.  The location of the interview will not be a decision factor, but for those who can make it to Cambridge, we host a special program for interviewees, including lunch with current students and a class visit. Please note that all applicants invited to interview have the option to come to campus for their interview.

Final decisions for candidates who had an interview will be released on December 19, 2016. Applications for our Round 2 deadline are due January 17, 2017. Please contact us if you have any further questions!

 

The Master of Business Analytics Application at MIT Sloan is Live!

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The application for our newest program, the Master of Business Analytics, is online. This innovative one-year program prepares students for careers in the rapidly growing data analytics industry. Applications are due Monday, January 9th, 3pm EST.

Details about the program and the application process can be found here, including the class profile of the inaugural class starting this September! We also have several events coming up, including online chats, where you can learn more. Feel free to contact us with any questions!

The MIT Sloan Master of Finance Application is Here!

The application for our Master of Finance Program is now available! Our deadline this year is Thursday, January 5th at 3 p.m. If you have any questions about the program or the application process, be sure to sign up for our Admissions Webinar on August 31st.

We are hosting MFin breakfasts and info sessions around the world this fall—check out our event schedule and join us in a city near you. If you’re able to visit us on campus, we are hosting an Open House on October 6th. Please reach out if you have any questions. We look forward to receiving your applications!

The Cover Letter for MIT Sloan’s MBA Application

 

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We have received many questions this summer about our new cover letter requirement for the MBA Application.

Similar to a cover letter for a job, our cover letter is an opportunity for you to make a case for yourself: why you should be given one of the roughly 400 seats in our MBA program? Tell us how your perspectives and experiences will contribute to our community, and why MIT Sloan is the right place for you! Format the letter as you would for a traditional job application, addressed to my colleague Rod Garcia, Senior Director of Admissions. The body of the letter itself, excluding address information and salutations, should be no more than 250 words.

Stay tuned – we will be sharing more information about our evaluation process soon. Good luck as you begin your applications, and as always, feel free to reach out to us with any questions!

 

It’s Here: The MIT Sloan MBA Application!

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The MIT Sloan MBA Application is now live! With the Round 1 deadline approaching in September, the next few months are the perfect time to get to work preparing your application. We do advise you to follow our application instructions closely.

Our Admissions Team is here to support you throughout the process. In addition to travelling the world this summer, team members are in the office  Monday through Friday, 9am to 5pm.  Appointments are not required to speak with members of our staff, so if you’re in the area, feel free to stop by. We also offer on campus information sessions once a month, and self-guided tours any time. For those of you unable to travel, we have digital resources like online chats, student blogs, and our Student Profiles page.

Good luck as you get started! Please reach out to us if you have any questions at 617-258-5434 or mbaadmissions@sloan.mit.edu.