MASSACHUSETTS INSTITUTE OF TECHNOLOGY
MIT: OVERVIEW
Massachusetts Institute of Technology (MIT) is perhaps one of the best and most esteemed universities in the world. Established in 1861, since then it has been playing a key role in the development of Modern science and technology. It has consistently been leading at the top of the global rankings for the past 7 years among all globally recognized universities.
The mission of MIT is to enhance knowledge and educate students in Science, Technology, and other areas of study that will best serve the world.
MIT: ACCOMPLISHMENTS AND ALUMNI
The university has produced some of the most well-known alumni from all around the globe and it is supposed that the collective revenues of companies set up by MIT alumni would be substantial as the eleventh-largest economy in the world. Now that MIT is ranked #1 worldwide in the QS Graduate Employability Rankings 2022, it has added another feather to its cap. Having been linked to 91 Nobel Prize winners and having astronauts with an MIT education on more than a third of US manned space missions, MIT received a perfect score in the category for “alumni outcomes.”
MIT: CAMPUS
Top-notch infrastructure can be found at MIT. The University, which occupies 168 acres, has all the amenities a student might need. More than 30 sports and other recreational facilities, as well as more than 20 research centres, are located on the campus. A nuclear reactor, one of the nation’s most powerful university-based reactors, is also located on the site. Subject libraries, specialist libraries, and archives make up the university’s library system, which collectively houses more than 3 million books.
MIT: ACCEPTANCE RATE FOR INTERNATIONAL STUDENTS
If you’re planning to study abroad at MIT, then you must be willing to know about the acceptance rate for international students. MIT’s international student acceptance rate is 6.7% according to 2022 statistics. Currently, 3,627 international students are studying at MIT out of 11,035 total students. The Massachusetts Institute of Technology is very selective when it comes to student admission, as seen by the low acceptance rate.
MIT: ADMISSION REQUIREMENTS
What criteria does MIT have for admission? Even though every course has different requirements. There are some general requirements that one should focus on:
GPA Requirements
The average minimum GPA requirement at MIT is 4.17, which is making it extremely competitive. In addition to this MIT needs you to be at the top of your class, to compete with other applications, you’ll need to receive almost all A’s.
SAT and ACT Requirements
How much of the SAT score do you need to get admission in MIT? The required average SAT score composite at MIT is 1535 on the 1600 SAT scale. This score makes MIT extremely competitive for SAT scores.
Like the SAT, MIT probably doesn’t have a firm ACT cutoff, but if you earn an insufficient score, your application will be rejected. The required 25th percentile ACT score is 34, and 7the 5th percentile ACT score is 36.
The essay portion of the SAT and ACT is elective. You must take the SAT Essay/ACT writing part to apply to MIT. This will be taken into account as yet another aspect when deciding whom to give admission to. MIT also conducts a subject test required for your respective field.
MIT: APPLICATION PROCEDURE AND FEES
The online application for MIT is accessible from the middle of August until January 1. Applicants must fill in the correct details in the form and submit it before the deadline. There is a $75 application fee. Charge waivers are offered upon request for candidates who find it difficult to pay the fee. International students are allowed for fall entries only. After the successful submission of fees, your application will be reviewed by the team of MIT.
We strongly advise non-native English speakers to submit the results of an English proficiency exam along with your application.
POPULAR PROGRAMS OFFERED BY MIT
- MBA / M.Sc. Aeronautics and Astronautics.
- M.Sc. Aeronautics and Astronautics.
- MBA Business Analytics.
- MBA / M.Sc. Chemical Engineering.
- MBA / M.Sc. Civil and Environmental Engineering.
- M.B.A. Executive MBA.
- MFin Finance.
- M.Sc. Integrated Design and Management.
MIT: TUITION FEES
For Undergraduate International students
Annual tuition fees for undergraduate international students differ depending on your area of study. Edvise Hub can assist you in every possible way, our consultants will provide you with every detail regarding updated Tuition fee schedules. From a general budget for the academic year 2022-2023, the tuition fees required to be paid by the student is $57,590 per year. This also includes access to all the services at MIT medical, including mental health, specialist care, and urgent care visits free of cost.
For postgraduate international students
Standard graduate tuition fees for the academic year 2022-2023 are estimated to lie between $80,000-$120,000, which are reviewed and likely to increase next year. The MIT Sloan School of Management has different tuition costs for its graduate programs. Other graduate programs that use “non-standard” tuition include master’s programs in supply chain management and real estate development.
MIT: SCHOLARSHIPS
FOR UNDERGRADUATE STUDENTS
Scholarships offered by MIT are funded by their donation, gifts from MIT alumni and friends, and general MIT funds, which are only given out based exclusively on financial need. 57% or thereabouts of MIT’s undergraduate students are awarded MIT Scholarships. For 2021–2022, the typical average MIT Scholarship was $53,997.
In order to match you with the appropriate scholarship from the appropriate donor, they will ask you to complete an annual Student Information Review Form if you are given an MIT Scholarship. The university grants low-income first-year students $2,000 to help with the extra expenditures that come with the adjustment to college, this grant is correspondingly distributed between fall and spring semesters and will credit to your student account alongside other financial aid when you are registered for the semester.
Apart from MIT’s scholarships, there are other scholarships and grants from government and private sources, that undergraduate students can avail too. They are enlisted here;
- Federal grants
- State grants
- Private scholarships and grants
FOR POSTGRADUATE STUDENTS
MIT supports postgraduate students via student loans, federal work-study policies, sponsored billing, and veterans’ benefits. The majority of your graduate financial aid is awarded based on merit, however, some are awarded based on need alone or on the basis of both need and merit.
JOBS AND PLACEMENTS
The graduates of the Massachusetts Institute of Technology have stated an average salary range of $109K, in which the salary range of male graduates is $67,468 – $149,811 and female graduates is $60,736-$121,128.
- The graduates from the Department of Engineering gross $64,024-$154,975.
- The Electrical Engineering and Computer Science Department (EECS) has been steadily topping the U.S. News & World Report. The prime recruiters of graduates of MIT are Google, Inc. ($90,000 – $136,581), Microsoft Corp ($67,871 – $138,484), Amazon.com Inc. ($90,347 – $176,731), General Electric Co (GE) $103,744 – $178,666 and Northrop Grumman Corporation and therefore they have rated five out of five stars for job gratification on payscale.
The university also offers various on-campus career opportunities across different departments, principally the Chemical Engineering department. Departments such as Aerospace Engineering mention open employment positions on their website.
Hopefully, this blog on MIT was insightful. If you are planning to study there then get in touch with Edvise Hub and let our experts guide you through the whole process. Book a free session today!
