Massachusetts Institute of Technology (MIT): Rankings, Fees, Courses, Admission 2022, Requirements & Scholarships

Q. Why study at Massachusetts Institute of Technology?

A. Massachusetts Institute of Technology or MIT University is a top tier university nationally and globally with ranking in the top 2 or 3 annually. Academically MIT University is considered to bring innovation, research and education towards acceleration of the nation’s technological revolution.

Q. How many schools and departments function at MIT?

A. There are 6 schools of Engineering; Management; Architecture & Planning; Humanities, Arts & Social Sciences; Science and Computing.

Q. What are the tuition costs for courses offered by MIT Sloan School of Management?

A. The following table throws light on the tuition fee for MIT Sloan School of Management’s courses for the academic year 2020-21:

Course Name
Tuition Fee


USD 79,000

Executive MBA

USD 185,500

Master of Finance

USD 82,200 (1 year) | USD 114,000 (1.6 years)

Master of Science in Management Studies

USD 79,000

Master of Business Analytics

USD 85,300

For more information, students can visit the Courses & Fees section.

Q. What is the difference between early action and regular action application at MIT University?

A. There are two different cycles of application acceptance at MIT University – early action and regular action. These cycles help admission committee of MIT University to regulate their work flow and assess applications in a shorter duration. Unless there are restrictions like single choice at any department, applicants are free to apply in either of the cycles. The application deadline for early action students is November 1 and for regular action is January 5 every year.

Get more info at:

MIT University Admissions

Q. Which subjects are encouraged to be studied at high school for admission to MIT University?

A. International students applying for admission to MIT University are encouraged to have studied the following subjects at their high or senior secondary school level:

  • 4 years of English

  • Mathematics – level of calculus

  • 2+ years of History / Social studies

  • Biology

  • Chemistry

  • Physics

Q. Are SAT and ACT scores acceptance discontinued at MIT University for UG admissions?

A. For the Fall session of 2021, MIT University did not require




scores from its international students applying for the Fall 2021 session. Those students who had already taken any one of these tests were encouraged to submit the scores which further helped MIT University to assess applications in a better manner.

Q. What are the minimum and recommended ELP scores for admission to MIT University?

Q. What to expect in the interview for admission of MIT University?

A. MIT University conducts virtual interviews through its 5,000 volunteers to assess the applicants in person. The interview usually lasts between 30 minutes to 2 hours and is not formal. Interviews are basically to assess the applicant’s aspirations, passions and goals which are directly or indirectly related to either themselves or towards innovation.

Q. Which supporting documents are accepted in admission application of MIT University?

A. The applicants have to submit the following documents as part of their admission application to MIT University:

  • Transcripts

    – high school or college

  • ELP scores – TOEFL / IELTS / PTE

  • Essays

  • LORs

  • Creative Portfolios on SlideRoom

  • CV

    (if required)

Q. What types of financial aid are offered at MIT University?

A. There are four types of financial


offered at MIT University – Scholarships, Grants, Loans and Student Employment.

Q. How can international students apply for financial aid at MIT University?

A. International students can apply for financial aid through CSS Profile – a tool for assessing the applicant’s eligibility for a need-based scholarship at MIT University. Or the applicants can submit their parents’ income tax return statement or any other income document on IODC which is again MIT University’s secure platform.