Overview Comparison
Scheller College of Business | MIT Sloan School of Management | |
---|---|---|
ranking (overall) | # 62 Financial Times 2021 # 53 Financial Times 2020 # 60 Financial Times 2019 | # 6 Financial Times 2020 # 8 Financial Times 2019 # 4 Bloomberg 2018 |
Programs | UG Programs -3 PG Programs -5 Doctorate Programs -7 | UG Programs -3 PG Programs -5 Doctorate Programs -8 |
Cost to Study | Average Tuition Fees 31370 [For UG Program] Average Tuition Fees 40752 [For PG Program] Hostel + Meal - 14830 Per Year | Average Tuition Fees 57590 [For UG Program] Average Tuition Fees 192000 [For PG Program] Hostel + Meal - 14720 Per Year |
Top Courses Comparison
Top Courses Comparison
ranking | # 38 for Business by Times Higher Education 2023 # 101 for Business by Academy Ranking of World Universities 2021 | # 5 for Business by Times Higher Education 2023 # 101 for Business by Academy Ranking of World Universities 2021 |
application | #444 Applicants # 85 Admissions # 19 % Acceptance Rate | #4208 Applicants # 484 Admissions # 11 % Acceptance Rate |
exam scores | GMAT - 680/800GRE updated - 318/340IELTS - 7/9TOEFL - 95/120 | GMAT - 720/800GRE updated - 311/340IELTS - 7/9TOEFL - 90/120 |
Admission Criteria/Better to Have | GPA of 3.3 average and preferably 681 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.62 and preferably a 730 GMAT Score. Average Work Experience required around 5 years. |
cost to study | Total Cost (Tuition + Living) -40752 | Total Cost (Tuition + Living) -80400 |
Return on Investment/Average Package | #Average Salary117492 | #Average Salary135000 |
documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
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Comparison Notes
Thinking about whether to choose between MBA at MIT Sloan or Scheller College of Business in USA, here are certain things to consider:
- Rankings: MBA at MIT Sloan is ranked among the top five business schools for MBA while MBA at Scheller College of Business is ranked among the top 55 business schools.
- Situated in the city’s Tech Square neighborhood, Georgia Tech offers the opportunity of being hired by some of the top tech employers from Atlanta. MIT Sloan though is highly renowned for its tech with its global reputation, however, Sloan’s curriculum focuses highly on entrepreneurship and offers you a chance to be snapped up by some of the best and top MBA recruiters in the world.
- The salary increase and employment percentage of MBA graduates of MIT Sloan were slightly lesser than Georgia Tech’s Scheller College of Business.
- Irrespective of higher salary increase, the current salaries of MBA graduates from Scheller College of Business are lesser than MIT Sloan graduates.
- The value for money that MIT Sloan’s MBA offers is way higher than MBA at Georgia Tech.
Considering the above-mentioned aspects, MIT Sloan is straight-up an obvious choice for being a brand name around the world. However, if you end up opting for Scheller College of Business, it is not a choice regretting for.