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Master of Science [M.S] (Business Analytics)
Field of Study:
₹71.5 L/Yr
Offered By: MIT Sloan School of Management
- The Master of Business Analytics at Sloan school of management, Massachusetts Institute of Technology(MIT) is a 2-year program.
- In just 12 months, the MIT Sloan Master of Business Analytics program prepares students for careers that apply and manage modern data science to solve critical business challenges.
- A highlight of the Master of Business Analytics curriculum is the Analytics Capstone Project, which gives students an opportunity to work on real-life data science problems with industry practitioners. All students receive a $22K+ tuition offset as a result of their participation.
- Apply these skills across a broad range of industries including management consulting, financial services, technology, energy, healthcare, manufacturing, and more.
- 100% of the students will graduate with full-time offers every year.
- The student to faculty ratio is 8.6:1 which increases the intractability between students and faculty.
- The Female to male ratio in this program is 39:61.
- The class size is 60 which makes it easy for the faculty to interact with students and make discussions.
- 70% of students in this program are international students which makes the program more international friendly.
- 7% of the students of this program seek for Ph.D.'s after graduation.
- Some of the companies in which the students' work are:
- Amazon
- Apple
- Boston Consulting Group Boston
- Gap, Inc
- Google.., etc.
- The average base salary of the graduates after getting placed is 110,000 USD.
Tuition Fees
| One time fees | 1st Year Fees |
|---|---|
| Tuition Fees | ₹7153407 (USD 86300) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing | ₹1889892 (USD 22800) |
| Transportation | ₹271548 (USD 3276) |
| Food | ₹748994 (USD 9036) |
| Personal | ₹747999 (USD 9024) |
| Total Cost | ₹3658433 (USD 44136) |
Eligibility & Entry Requirement
Academic Eligibility:
- The students must have a bachelor’s degree(3 or 4 years) in any of the respective fields to apply for this program.
- The average GPA of the students in this program is 3.9.
- Students can apply with any bachelor’s degree but the majority of the students come from these fields like Computer Science, Economics, Engineering (variety), Finance, Management, Math, Operations Research, Statistics…, etc.
Work Experience:
- Work experience is not required but many of the students have an average experience of 15 months.
Language Requirments:
- The students whose official language is not English are required to write IELTS or TOEFL exams before applying.
- The TOEFL cut-off for this program is 90 out of 120.
- The IELTS cut-off will be decided by the university department.
Language Requirement Exemption:
- Students who have received instruction in English in their primary and secondary schools and students who have been in the United States for four years or longer and have received a degree from an American institution.
Exam Requirments:
- The students must compulsorily have to submit the scores of any one of the exams like GMAT or GRE.
-
MIT recommends that applicants interview with a member of the MIT Educational Council if available. Council members are MIT graduates who have volunteered to interview on behalf of the Office of Admissions.
Scores Required
100 / 120
Avg. Score in
TOEFL
7.0 / 9
Avg. Score in
IELTS
Required Document List
- Online Application: Students have to submit an online application form at the official website.
- Application Fee: Students need to submit their application fees.
- Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- Letters of Recommendation: Three letters of recommendation are required.
- Official GRE Test Scores: Students have to submit their GRE Test Scores.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
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Career and Placement after Course
Jobs titles after getting placed are:
- Data Scientist
- Research Scientist
- Analytics Associate
- Business Intelligence Engineer
- Machine Learning Scientist
- Data Science Consultant
- Operations Analyst
- Research Engineer
- Product Analyst
- Portfolio Manager
The average base salary of the graduates after getting placed is 110,000 USD.
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Collegedunia $150 Scholarship Program | Scholarship per student₹ 12,434/Yr$150 | Level Of StudyBachelor | TypeMerit-Based | |
| Go Clean Scholarship | Scholarship per student₹ 2.9 L/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Ellis R. Ott Scholarship for Applied Statistics and Quality Management | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| AAUW International Fellowships | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Gyandhan Scholarship | Scholarship per student₹ 1 L/Yr$1,222 | Level Of StudyMaster | TypeMerit-Based |
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MIT Sloan School of ManagementCambridge, Massachusetts
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