Academics
The MIT Sloan offers the Master of Business Administration (MBA) and Master of Science in Management (MSM) as well as a doctoral program in business with 11 research concentrations, and a joint degree in with the MIT School of Engineering, the Leaders for Manufacturing Program (LFM), Biomedical Enterprise Program, and MPA/MBA with the Harvard University Kennedy School of Government. Other programs include cross-registration with Harvard University, foreign exchange with England (London School of Business), Spain (IESE), and the United Kingdom, summer internships with various companies between the first and second year, joint research through 19 research centers, interdisciplinary programs in engineering systems and design, and cooperative programs with several international schools and universities. The MIT Sloan Fellows Program (SF) is a 1-year master’s degree program for men and women whose professional work experience (10 to 15 years) has given them on-the-job opportunities to demonstrate leadership. Most are nominated and sponsored by employers. The strongest areas of study are finance, entrepreneurship, strategy, operations, and marketing. The most popular courses are Finance, Entrepreneurship, Global Ent. Lab, Leadership Negotiation, and Systems Dynamics. Regular programs bring distinguished speakers and visiting professors to campus. Prominent executives and MIT Sloan alumni often speak at special events throughout the year.
One hundred forty-four total credits are required to complete the MBA, including 144 elective credits. Required courses include:
- Economic Analysis for Business Decisions
- Data, Models, and Decisions
- Organizational Processes
- Financial Accounting
- Communication for Managers
Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time is 2 years.
There are 96 total full-time graduate business faculty, all of whom hold a doctorate. Faculty salaries are rated well above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 60.