We get no shortage if inquiries about MIT Sloan, and for good reason. Its rigorous curriculum and terrific faculty make it one of the first schools that many MBA applicants consider, particularly those who are interested in pursuing careers in operations or supply chain management. If you’re gunning for a top-tier MBA, chances are that MIT Sloan is on your radar. But, besides knowing that it’s a top-ranked school with an analytical bent and a brand new campus, how well do you really know Sloan? How do you know if it’s a good fit for you? And, perhaps more importantly, how do you know if the admissions committee will decide you’re a good fit for Sloan?
Today we look at six things that might make MIT Sloan a perfect fit for you:
You’re a techie — or any kind of entrepreneur.
While it’s probably obvious that MIT would be a good school for someone interested in tech ventures, what may be surprising to some is that Sloan is strong on all things innovation. No matter what type of entrepreneurial business you want to launch, you’ll find good support for it at MIT.
You’ve got a good GMAT score — or a stellar one.
MIT is an academically rigorous school, and like other schools, they use the GMAT score as one indicator that an applicant can handle the curriculum. In the past year or so, the average GMAT score and ranges of scores of accepted students have been creeping up. While MIT often hits just outside the top 10 of many business school rankings systems, its statistics on GMAT scores put it in the same category as Harvard, Stanford, and Wharton.
You’re interested in finance.
Many people may not realize how extensive the finance resources are at MIT, nor how deep its roots in the field. Regardless of where you earn your MBA, you will likely learn about the Black-Scholes formula to model the market for a particular equity. Fischer Black and Myron Scholes originated this model, and Robert Merton published a paper on it — all of them professors at MIT. MIT offered courses in finance before most other schools, and it remains a strength of the program, sending almost a quarter of graduates into finance careers.
You’re interested in operations or supply chain management.
With the LGO program and the opportunity to take classes campus-wide at MIT, Sloan students interested in a career in manufacturing or logistics have a wealth of resources and the best academic researchers in the world at their disposal.
You’re interested in “green” business.
With the new Certificate in Sustainability at Sloan and its institute-wide sustainability initiative, MIT is leading the way in a focus on “green” business. While plenty of other schools have strong social venture programs, with more popping up all the time, the emphasis at Sloan is cutting-edge and integrated.
You’re a woman.
While strong female candidates are well received at most schools, MIT often gets fewer applications from women because of the misperception that it’s a techie school. The LGO program only has 25% women, compared to 34% in the overall MBA class — both these numbers are significantly smaller than the schools with the best ratios, including Wharton (40%) and Stanford (39%). Female applicants still need to present a strong profile, including a good GMAT score and academic history. However those who do have an exceptionally good chance of getting an offer from MIT.
Today’s blog post was clipped from our MIT Sloan Annual Report, one of 15 guides to the world’s best MBA programs, available for purchase on our site. If you’re ready to start building your own application for Sloan or other top business schools, call us at 1-800-925-7737 and speak with an MBA admissions expert today. And, as always, be sure to find us on Facebook and follow us on Twitter!