MBA

2012 13

MIT Sloannnnnnn MBA Programnnnnnn

We believe that leaders are best developed during real leadership experiences in real teams with real businesses around the world. This is why organizations see MIT Sloan leaders as distinctly effective. David C. Schmittlein John C Head III Dean Professor of Management

MBA Class of 2014 Prole*

Age range Work range Mean years work experience GMAT range (middle 80%) Mean GMAT Females Males U.S. citizens U.S. permanent residents International Africa Asia Europe Middle East North America Oceania South America Undergraduate Degrees Business and Commerce Computer Science Engineering Humanities, Arts, and Social Sciences Science and Math
*As of June 1, 2012

2344 115 5 670760 710 33% 67% 56% 4% 40% < 1% 17% 6% 5% 58% < 1% 12%

16% 4% 35% 35% 10%

n=431

2 4 6 8 10 12 14 16 18 19 20 21 22 24 26 27 28

Culture The One-Semester Core The Classroom Career Opportunities Alumni Network The MIT in MIT Sloan Action Learning Principled Leadership Enterprise Management Entrepreneurship & Innovation Finance Sustainability Combined Degrees & Exchange Programs Engagement Visit Tuition & Expenses Apply

Culture

Off hours are very much on

You will nd that the MIT Sloan community plays like it workswith ingenuity, a voracious appetite for connecting with people, and a knack for nding novel ways to have fun. Open to the entire graduate communitystudents, faculty, staff, signicant others, and familiesC-Functions and OneSloan cross-program community-building events often celebrate a theme, from Japanese fashion to Brazilian BBQ. Clubs are another popular outlet for creative fun. Here is a small sampling of the many social clubs at MIT Sloan: The Rolling Sloans Joie de Vivre Club European Club Basketball Club

Culture: join an extraordinary community

I felt an immediate cultural t here. Choosing a school is choosing a team to afliate with for life, and I wanted a team that was supportive rather than internally competitive.
Ari Oxman, MBA 13

Happy Belly Club Moms and Dads Club

No place like it
Visitors to campus pick up the difference right away. The culture of MIT Sloan and the larger MIT community is unique among institutions. The division between work and play is almost nonexistent, not because students work all the time, but because they tackle whatever theyre doing with the same characteristic energy. If you are looking for a community that will support you, inspire you, and invigorate you now and for the rest of your life, we believe youll nd it here. With all the resources of a world-class institution and the intimate feel and personalized attention of a small school, MIT Sloan is truly distinct in the business school universe.

Around town
MIT is positioned at the center of one of the most exhilarating urban centers in the United States. Boston is distinguished by its architectural beauty, a setting between the Atlantic Ocean and the historic Charles River, dozens of museums and parks, and a sports fever that grips the town every season of the year. Boston is also within easy driving distance of skiable mountains, rolling farmland, and other vibrant urban centers. And you can hop a subway train to the beach. Cambridge, home to MIT Sloan and just minutes from Boston, has enumerable riches of its own, including a village vibe, a celebrated food and music scene, and a highly diverse and educated population.

Students are amazingly collaborative here. Its a very warm community. We look out for each other, and I know Ill have this support system for the rest of my personal and professional life. Jen Tutak, MBA/MPA 12 Sure, the classes are analytically rigorous and intellectually stimulating, but there is so much that goes on outside of class. From extracurricular activities to The student body has been so welcoming to my wife Kaoru and son Taiga. recruiting events to social outings, my calendar is always booked to capacity. We have a daughter on the way, and my MIT Sloan friends have a plan in Isa Watson, MBA 13 place to care for Taiga when Kaoru has the baby. The community sent a Being surrounded by so many impressive, yet downmessage from the start that they care about families. Its been a wonderful to-earth individuals results in an incredible learning thing for us. environment. Im continually impressed with the caliber Nobu Kobayashi, MBA 13 The best thing about MIT Sloan is the outgoing student body. of people I meet on a daily basis. Its amazing. Everybody is so friendly, you just immediately feel Adam Peck, MBA 12 comfortable being here. Ron Lerner, MBA 13 Find other student voices on the MIT Sloan student blog: mitsloanblog.typepad.com/mba_2013

The One-Semester Core

The foundation: your cohort and Core team

The one-semester tools-based Core is key to the dynamism and exibility of the MIT Sloan MBA Program. Core refers to the essential knowledge that you build during this very intensive rst semester, giving you a rigorous foundation upon which to design the next three semesters of your MBA experience. The MIT Sloan MBA class is strategically small and highly diverse about 400 students representing approximately 70 countries. Your class will be divided into cohorts of 67 or so students who take all Core classes together. Within those cohorts, you are then grouped into teams of 6 or 7, supporting one another throughout the Core semester. Intense study team experiences and a group action learning project transform you and your Core peers into lifelong global team players.

The one-semester Core: build a strategic foundation

When December rolls around, you realize you have the foundationand the condenceto pursue your agenda.
Jon Gleicher, MBA 12

How it works
The fall term of the rst yearthe Core semesterfeatures required courses that give you a strong foundation in any area of business: Economic Analysis for Business Decisions Data, Models, and Decisions Communication for Leaders Organizational Processes Financial Accounting You will choose one of these electives during the Core semester: Finance Theory 1

Bonding Pelicans
While lifelong friendships are a hallmark of the Core teams, the 2012 Caribbean Pelicans team never disbanded when the Core semester was over. Pelicans have own to Puerto Rico on vacation, formed ad-hoc study groups, and supported members during special challenges throughout their two years at MIT Sloan. Their solidarity is so storied that a student from another ocean bid $50 for a Pelicans group hug during the recent MBA charity auction. The Core enthusiasm of all six oceans resulted in auction proceeds of $70,000, which were distributed to several charities. We all really help each other out in terms of advice. Its very nice to know you can count on your teammates. Kuohsin Chen, Caribbean Pelican, MBA 12 Read more about the Caribbean Pelicans camaraderie: mitsloan.mit.edu/newsatmitsloan/2012/ 04/06/birds-of-a-feather-ock-together

Introduction to Operations Management Marketing Management Competitive Strategy If you pursue one of the three academic tracks, you also will have the opportunity to work with industry experts on current projects in proseminars: Enterprise Management Track Entrepreneurship & Innovation Track Finance Track During your Core semester, you also will take Career Core, which combines theory and practice to help you rene your career management skills before the recruiting period begins.

The Classroom

Unprecedented exibility
If you are like most MIT Sloan students, you are drawn to this community because you want to accomplish big things, and you need latitude to do that. You need the exibility to move across a virtually boundless landscape of opportunity. And exibility means choice. Students here choose 75% of their coursework from a broad selection of electives offered throughout the MIT campus. Just as important, the MIT Sloan pedagogy is a strategic hybrid of the qualitative and the quantitative, balancing rigorous classroom learning and global action learning experiences, case study analysis and frank discussions with corporate and government leaders. And because of the small class size, you have the opportunity to establish close mentoring relationships with faculty who are renowned experts in their elds.

The classroom: learn on the leading edge

MIT Sloan is a generative environment that allows for exploring, experiencing, and experimenting with new possibilities that help to change the world for the better.
Wanda Orlikowski, Alfred P. Sloan Professor of Information Technologies and Organization Studies

Its a very exciting time to be a student at MIT Sloan and every bit as exciting to be on the faculty. We share a common purposeto harness our strengths to be meaningful in the world. The MIT Sloan culture and curriculum focus on the applied rather than the theoretical and link directly to the real world. The faculty is unanimous in its view that our planet is a most interesting place and that its difculties and challenges provide an ample to do list. Arnold Barnett, George Eastman Professor of Management Science

Arnie on FB

Arnie Barnett is certainly one of the few statistics professors in the world with a fan page on Facebook created by students. I Arnie Barnett encourages students to post anything awesome that Arnie Barnett says (which is pretty much everything).

Visionaries of the business world

As an MIT Sloan MBA student, you work closely with faculty pioneers who are advancing their elds and transforming best practices. Members of the MIT Sloan faculty work collaboratively and across disciplinesfamously so. News outlets and industry leaders seek out their views on late-breaking business and nancial issues. Professors like Simon Johnson and Andrew Lo, one of Time magazines 100 Most Inuential People, have grown into household names because of their ability to distill a problem to its essential components and offer innovative, yet practical solutions. Visit mitsloan.mit.edu/faculty to learn about the MIT Sloan faculty.

The classroom experience is special at MIT Sloan because its a multidirectional ow of learningthe students learn from the faculty, from one another, and the faculty learn from the students. Renee Richardson Gosline, Assistant Professor of Marketing

Career Opportunities

By the numbers
MIT Sloan MBA students graduated into jobs in these areas: Top Industries Consulting 2011 33.7% 8.4 19.8 8.1 2010 2009 2008 30.4% 14.6 18.5 3.9

28.2% 33.2% 11.4 20.0 7.1 11.3 20.2 4.0

Career opportunities: strategize one-on-one

When I was preparing for interviews, the MIT Sloan Management Consulting Club provided step-by-step advice, peer coaching, and support. Students here are not competitive about recruiting. We really care about one anothers success.
Michelle Charnas, MBA 12

Investment Banking High Technology* Pharmaceutical/Healthcare/ Biotechnology

*Includes Computers/Electronics, Software/Internet, and Telecommunications

Read the complete 20112012 employment report: mitsloan.mit.edu/pdf/fullreport11_12.pdf

The Career Development Ofce (CDO) and the faculty are 100% invested in our students success. All CDO programs, resources, and services are designed to empower students to manage their careers and conduct job searches successfully. The learning model that we deliver during the two years of the MBA gives us a great vehicle for coaching students through this process. We begin with Career Core, developed with MIT Sloans faculty to help students understand and articulate the benets they will bring to an organization and to the wider world. Jackie Wilbur, Executive Director, Undergraduate and Masters Programs

I entered MIT Sloan as a healthcare consultant with hopes of switching my career to investment banking. During rst-year recruiting for summer internships, the Finance Club was a tremendous resource. I was blown away by how much time and energy the second-year students devoted to ensuring the success of my class. I also got to know my own classmates very well during the process. They will continue to be great friends and colleagues on Wall Street after we graduate. I believe that MIT Sloans pay it forward culture and collaborative spin on traditionally competitive industries is a huge differentiator that bolsters our collective success. Sonia Gupta, MBA 12 ,

A strategic portfolio of career resources

Developed by MIT Sloan career experts and faculty, the Career Development Ofces suite of time-tested programs is designed to provide you with essential resources, experiences, and access to the right people, networks, and organizations. Youll nd that the intimate class size is an advantage when you apply for competitive opportunities. Career Core Career Core launches you on a focused career path from the very rst semester, giving you the opportunity to identify your abilities and differentiators, map your curriculum to your goals, and rene your career management skills. Drawing on the strengths of both faculty and CDO staff, Career Core provides valuable experience in career planning, networking, persuasive communication, interviewing, and negotiation. Career Fair Leading recruiters from across the business spectrum converge on campus to get to know you, your background and experience, and your professional goals. Internships Signicant on-the-job career experiences in companies around the world give you a chance to explore industries, develop skills, and build relationships with prospective employers. On-campus recruiting program A-list companies in many industries visit campus to recruit MIT Sloan MBA students to positions in consulting, nancial services, commercial technologies, biotech, and other elds. About 60% of students obtain their job offers through on-campus recruiting. Treks During these career-focused fact-nding missions, you travel to New York to sit down with inuential leaders in the banking industry, to Washington to meet with heads of government and nonprot organizations, to Las Vegas to learn about the business of entertainment, and to other marketplace hotspots around the world. Clubs and conferences MIT Sloans 60+ student clubs offer you myriad opportunities to create, organize, and execute everything from consulting projects to international trips to key industry conferences like the Venture Capital Private Equity (VCPE) Conference and the Sports Analytics Conference, two of the largest student-managed conferences in the country.

10

11

Alumni Network

Alumni network: connect to a powerful community

When you enter MIT Sloan, you join an exceptional group of individuals with a shared commitment to improving things around them. I had the privilege of serving on the board of the MIT Sloan Alumni Club of Boston for 16 yearsa great way to give back and stay connected.
Rebecca Schechter, MBA 96 Senior Vice President, Institutional Investor Services, State Street Bank

Im nding that its just as rewarding to be an alum as it was to be a student. As an Entrepreneur in Residence, I advise students and connect them to the right resources across the School and the wider network. Im also an active investor and advisor to startups inside and outside MIT. Its amazing to see the number and diversity of startups emerging from this community. And its exciting to have as part of that community, an active, extensive alumni network with friends at technology leaders like Apple, Google, Facebook, and HubSpot. Its really possible to make things happen here. Marcus Wilson, MBA 04, MIT Entrepreneur in Residence, CMO, IdeaPaint

By the numbers MIT Sloan alumni network: 22,000 in 90 countries MIT alumni network: 120,000 MIT Alumni Association clubs worldwide: 84

A full 90% of the alumni I reached out to responded, and those responses have resulted in three potential operations projects with Fortune 500 companies, a full panel at the upcoming Energy Finance Forum, as well as a great many consultations and much good advice, helping me make the best career and life decisions. Nikita Guo, MBA 13

A network that includes leaders across the global marketplace

Joaquin E. Bacardi III, MBA 98 President and CEO, Bacardi Corporation Robin Chase, SM 86 Founder & CEO, Buzzcar.com Cofounder, Zipcar, GoLoco Brad Feld, SB 87, SM 88 Managing Director, Foundry Group Homayoun Hatami, MBA 00 Principal, McKinsey & Company Judy C. Lewent, SM 72 Former Executive Vice President and CFO, Merck & Co., Inc. Emmanuel P. Maceda, SM 89 Chairman, Asia Pacic Region Bain & Company Brendan Miller, MBA 04 Executive Director, New Mexico Independent Power Producers Saadiq Rodgers-King, MBA 08 COO, Nodejitsu Inc.

Read alumni proles: mitsloan.mit.edu/alumni/proles-archive.php

12

13

The MIT in MIT Sloan

Cross-campus exploration
One of the key differentiators of the MIT Sloan MBA Program is unprecedented exibility, including the exibility to take classes across the MIT universe. As an MBA student, you can take electives at the MIT Media Lab, the Department of Architecture, the Center for Real Estate, the Department of Mechanical Engineering, and in dozens of other departments, centers, and labs across campus. During Independent Activities Period (IAP), your choices are thrown wider still, when individual members of the MIT community faculty, staff, and studentsreach out and share their knowledge, offering more than 700 classes to the wider Institute community. You can learn the secret to making perfect sushi, for example; understand the inner workings of the stock market, or learn how to tell stories for fun and prot. The sole common denominator is the joy of learning something just for the thrill of it. Explore IAP: web.mit.edu/iap

The MIT in MIT Sloan: collaborate across campus

Some of the smartest, most innovative people in the world are on the MIT campus, and they know that the key to moving an idea from concept to reality is collaborating with their peers in the business school.
Navin Gupta, MBA 09, Financial Technology Infrastructure Development, Morgan Stanley

Mens et Manus
MITs motto mens et manus (mind and hand) is very much a working credo. Putting ideas into action is the fundamental principle underlying the Institutes approach to knowledge creation, education, and research. At MIT Sloan, mens et manus manifests itself in a rigorous hands-on curriculum that offers you the chance to build a deep reservoir of knowledge and immediately put that knowledge to work in the world.

Incredible things happen in the labs and departments across MITs campus every day. We are strongly encouraged to go beyond the business school and explore everything the Institute has to offer. Its pretty awesome to know that just down the street, fellow MIT folk are developing sociable robots and a gazillion other things that will change the world. Jocelyn Trigg, MBA 13

MIT Sloan is unique in the B-school universe because all of MIT is there for you, the best and brightest minds in the world. Just reach across the Institute for the people and resources you need to make your idea happenno matter how untraditional that idea might be. Daryl Morey, MBA 00, is a good example. He channeled his passion for sports into the MIT Sports Analytics Conference in 2006. Now this conference run by students is the leading event in the industry. We had the owner or president of every reigning championship team at this years conference. Who would have thought that MIT would lead in an area of competitive sports? But thats the kind of place this is. Theres such a feeling of energy and opportunity in this community, you believe that nothing is impossible. Will Blodgett, MBA 12, organizer MIT Sloan Sports Analytics Conference Fast Company ranked the MIT Sloan Sports Analytics Conference third in its 2012 listing of the worlds most innovative sports companies: A cant-miss event for teams, researchers, media, and stats geeks of every stripe. Part academic conference, part high-level networking, part media circus, the event drew more than 2,200 people this year, including execs from 73 teams. More: sloansportsconference.com

14

15

Action Learning

Action learning: solve real-world challenges

Action learning at MIT Sloan cuts across all programs. It closes the loop of learning and brings it full circle, making the knowledge actionable, sustainable, and powerful in the world.
Retsef Levi, J. Spencer Standish (1945) Professor of Management

Explore industry challenges in the classroom and in the eld

MIT Sloan has developed the industry paradigm for action learning and continues to push its parameters. Emerging from MITs deeply held credo mens et manus (mind and hand), the Action Learning Program integrates theory, practice, and reection to develop principled leaders with the tools to solve complex problems. The result: visionary pacesetters who can inspire productive organizations and produce systemic change.

Where the action is

Action Learning Labstravel the world to help solve company challenges and humanitarian crises Practicumswork with leading industry practitioners on important business problems International Study Toursembark on working tours of major global business centers i-Teamsevaluate the commercial feasibility of innovations and develop marketplace strategies More: actionlearning.mit.edu

The Action Labs

Entrepreneurship Lab (E-Lab) Global Entrepreneurship Lab (G-Lab) China Lab Global Health Delivery Lab (GHD-Lab) India Lab Sustainable Business Lab (S-Lab) Leading Sustainable Business Systems (L-Lab) Managing Sustainable Businesses for People and Prots (P-Lab) Finance Research Practicum Proseminar in Corporate Finance/ Investment Banking Proseminar in Capital Markets/ Investment Management

Global Health Delivery Lab is for students interested in innovations that deliver healthcare to those who need it most. With dozens of students from across MIT and a small staff team, we are investigating how frontline healthcare enterprises and the low-income communities they serve can benet from eld-tested approaches borrowed from business management and systems science. Weve gone beyond the classroom to dozens of sites in sub-Saharan Africa, India, Haiti, and elsewhere. With our collaborators, we take action to solve practical problems, and we document what we learn. Anjali Sastry, Senior Lecturer, System Dynamics

16

17

Principled Leadership

Four Capabilities Framework

Developed by MIT Sloan faculty and tested in industry settings, the Four Capabilities Framework (FCF) is a powerful tool for understanding and practicing leadership. This leading-edge model helps you develop an effective leadership style, drawing upon your own personal perspectives, skills, and experiences.

Principled leadership: make an impact on the world

Begin with the four key leadership capabilities, then add to these a change signatureyour own unique way of making change happen.
Deborah Ancona, Seley Distinguished Professor of Management; Faculty Director of the MIT Leadership Center

VISIONING

SENSEMAKING

LEADERSHIP

RE L A T I N G

I N V EN TI N G

MIT Sloan Investment Management Conference

Members of the MIT Sloan Investment Management Club build their networks and practice leadership skills during the organization of the annual MIT Sloan Investment Management Conference. The 2012 event, in collaboration with the Quantitative Finance Club, focused on Fundamental and Quantitative Strategies for Turbulent Markets and featured the candid wisdom of keynote speaker Congressman Barney Frank, ranking member of the House Financial Services Committee, and other notable nancial leaders. Learn more: mitsloaninvestment.com/index.html When I started at MIT Sloan, I looked specically for labeled leadership lessons, not realizing that everything I did, everything I learned, shaped me as a leader. I went back to work at Vanguard for the summer and my old colleagues said, Whoa! What happened to you?! I realized then how much Id grown as a leader. Now I head the Deans Student Advisory Committees Leadership Development Subcommittee. Weve created a new program called P2PPeer-to-Peer Coaching. P2P pairs students with strong leadership backgrounds with rst-year students. Its essential to practice leadership, no matter how natural a leader you are, and all of uscoaches, rst-years, organizers propelled our leadership skills forward during P2P. Kaitlyn Caughlin, MBA 12

Multifaceted lessons in leadership

In the MIT Sloan MBA Program, you grow and shape your acumen as a leader on a daily basis. A good leader must be condent as well as knowledgeable and be able to motivate, mobilize, and lead change. You will build all those capabilities during intense classroom experiences and experiential and action learning opportunities like the transformational course Leadership Lab. The MIT Leadership Center organizes events like real-time simulations, up-close and personal sessions with corporate and nonprot leaders, and skill-building workshops for self-assessment and reection. Student clubs give you the opportunity to assume signicant leadership roles within your eld organizing inuential conferences and symposia such as the Africa Business Conference and the Private Equity Symposium. In the course of these experiences, you will develop your own leadership identity distinguished by a palpable spirit of integrity and innovation, giving you the power to make a difference in any part of an organization.

I d th di In-depth discussions with global leaders i ith l b l l d

During your time at MIT Sloan, you often will have the chance to engage in frank discussions with leaders who are shaping the marketplace. The Deans Innovative Leader Series, for example, brings to campus corporate icons like Ursula Burns, Chairman and CEO of Xerox Corporation; political movers and shakers like Jos Aznar, former prime minister of Spain; and leaders who have distinguished themselves in the face of impending crises like former U.S. Airways pilot Chesley Sully Sullenberger, CEO of Safety Reliability Methods, Inc. See past speakers at mitleadership.mit.edu/r-lessons.php.

Sl Sloan I Innovation Period (SIP) ti P i d

In this MIT Sloan curricular innovation, you undertake one intensive, immersive week studying leadership and ethics. Set apart within each 13-week semester, SIP offers you experiential lessons, opportunities for personal development, and exposure to leading-edge faculty research in classes like these: Corporate StorytellingFrom Story to Glory Tough Calls and Curve Balls Improvisation, Adaptability, and Inuence: An Experiential Leadership Lab Business Leaders and Global Health: Innovative Approaches to Improved Access to Life-Sustaining Treatment for the Worlds Poor

18

Enterprise Management

Enterprise Management Track

In the Enterprise Management Track, you develop integrated management practices and perspectives and learn to apply them within large organizations. Through innovative classroom and action learning experiences, you build skills in marketing, operations, and strategy. Most important, you stretch your thinking beyond your projects primary functional domain to develop solutions with a holistic perspective. The curriculum prepares you for career tracks in large organizations, both in the corporate and not-for-prot sectors. When you complete this track, you earn an Enterprise Management Certicate in addition to the MBA degree.

Evolution of MarketLab
MIT Sloan students originally developed MarketLab as a Marketing Club activity. Over the years, members worked in concert with faculty and industry partners like Apple, Este Lauder, Mercedes, and NPR on current marketing challenges. MarketLab was so successful that the demand from organizations outpaced the number of students. Now, this signature action learning experience is a prime component of the Enterprise Management Track and has been expanded to incorporate projects focused on marketing, operations, and/or strategy. Its evolution is representative of an environment where great ideas evolve from great collaborative effortsin this case, the pooled efforts of a student club, dedicated faculty members, and some of the worlds most inuential companies.

Enterprise Management: lead organizations into the future

MIT Sloans strategic combination of rigor, relevance, and a collaborative mindset prepares students on the Enterprise Management Track to translate essential theoretical knowledge into smart business practice.
Sharmila Chatterjee, Senior Lecturer in Marketing; Faculty Director, Enterprise Management Track

My MarketLab team worked with a startup called ReCover Green Roofs, a contractor that provides green roof consulting and installation services in Boston. The company wanted us to look at other U.S. markets it could expand into. As we delved into the project, we learned a lot about the green infrastructure in the U.S. Many cities suffer from storm water overow, for example, and the proliferation of green roofs can solve this. To identify potential markets, we conducted SWOT analysis based on roof density, infrastructure, demographics, and city policy. The CEO of ReCover will use our recommendations to justify his expansion plans to investors. MarketLab was a unique chance to be connected to a real company with real needsand to instantly apply knowledge learned in a classroom to a business environment. Hanna Adeyema, MBA 13

Entrepreneurship & Innovation

19

Entrepreneurship & Innovation Track

In the E&I Track, you build essential entrepreneurial knowledge in classes, proseminars, action labs, and treks to newenterprise hotspots around the world. The curriculum emphasizes team practice linked to existing ventures and gives you a chance to plug into MITs vast management, technology, and new enterprise resources, including its incomparable network of venture capitalists and industry mentors. When you successfully complete this track, you earn an E&I Certicate in addition to the MBA degree.

Nexus of the entrepreneurial universe

MIT has one of the worlds most robust entrepreneurial cultures. If the 25,800 companies founded by MIT alumni formed an independent nation, combined revenues would make that nation the 11th-largest economy in the world. Some of those enterprises have emerged from the MIT $100K, the oldest and most inuential business plan contest in the world. Read more about the competition: mit100K.org

Innovation: tap the entrepreneurial ecosystem

The more collisions of great minds we can create at MIT, the better.
Bill Aulet, Managing Director, Martin Trust Center for MIT Entrepreneurship

In January, I taught an IAP leadership seminar with three other MIT Sloan students with backgrounds in the military. One of the students started quizzing me about my time in Iraq and Afghanistan. Turned out that he and a team that includes an MIT engineer and two HKS dual-degree students are developing a small ball camera that you can toss into a hidden area to see whats inside. Now Im part of the team and learning about provisional patents and pitching to VCs. Bottom line: MIT Sloan is all about collaboration, about pooling individual knowledge and experience to achieve something remarkable. Were driven by the lives we can changeand save with our innovations. David Stroh Young, MBA 13

20

Finance

Finance Track
Planning on a career in the nance industry? The MIT Sloan Finance Track is built around four foundational courses that delve deep into the theory and practice of nance, dozens of electives in six areas of specialization, and a rich selection of internships and action learning experiences, including treks to major banking centers around the world. The Finance Track also features the popular proseminar in which you and members of your team tackle research problems posed by leading nancial experts. Your team will present its solution at a seminar attended by students across the MIT community. When you complete the Finance Track, you earn a Certicate in Finance in addition to an MBA degree.

Inventingand reinventing nance

Many advances in the study and practice of nanceeven the spreadsheethave emerged from the research and inspirations of MIT pioneers, both faculty and alumni. Myron Scholes, Robert Merton, and Fischer Black won the Nobel Prize for their development of the Black-Scholes-Merton Model for pricing stock options. MIT Sloan alumnus William A. Porter revolutionized digital stock trading with the founding of E*Trade. Franco Modigliani, also a Nobel recipient, helped develop the life-cycle model, which helps predict where a countrys economy might be headed, given its demographic composition. Stewart C. Myers is an elected fellow of the Financial Management Association and coauthor of the iconic textbook Principles of Corporate Finance, the worlds leading text on the theory and practice of corporate nance.

Finance: shape an industry

Its important to customize education to a students background, experience, and goals, and to give them the exibility to tap the synergies among thought leaders across the Institute.
Andrew Lo, Charles E. and Susan T. Harris Professor; Director, Laboratory for Financial Engineering; Time magazines 100 Most Inuential People in the World

At MIT Sloan, Im learning from the rock stars of nancesome of the brightest, most well-respected, and best-connected names in the industry. I head a real estate investment company, but want to pursue a complementary career in investment banking. Here, I can study nance and also take classes at the MIT Center for Real Estate. With the Finance Track on my rsum, I immediately broadcast my focus and capabilities to prospective employers. Saeed Coates, MBA 12

Sustainability

21

MIT Sloan Sustainability Certicate

If you choose to pursue the MIT Sloan Sustainability Certicate, you will investigate the alignment among healthy businesses, healthy environments, healthy societies, and an economy that serves human needs. Integrating resources across MIT, the curriculum explores sustainability strategies and offers ample opportunities to put knowledge into practice.

Growing smart leaders and sustainable companies

In the Sustainable Business Lab (S-Lab), you develop a deeper understanding of how organizations create sustainable operations and supply chains. You work with faculty and industry experts to design cutting-edge research and management tools that promote best practices. And you bring everything you have learned into companies like General Motors, Intel, the National Hockey League, and Nike to help them increase the level of sustainability in their operations, products, and services. Explore S-Lab projects: actionlearning.mit.edu/s-lab/Projects.html

Sustainability: develop responsible systems

Framing sustainability as loggers versus spotted owls, growth versus green, economy versus environment doesnt work...these things are fundamentally aligned.
MIT Sloan Professor John Sterman, Jay W. Forrester Professor of Management; Director, MIT System Dynamics Group

I was working as a communications manager in an architecture rm when I decided to change course. I wanted to connect design, sustainability, and management, so I looked at a variety of programs. What tipped the balance toward MIT Sloan? The rigorous quantitative and systems thinking, the exibility of the curriculum, and the strong connection to the rest of MITs design and sustainability activities. In terms of green MBAs, MIT Sloan is where the rubber meets the road. We have a world-class faculty in operations and supply chains, which are superrelevant to sustainability, plus leaders in related disciplines like materials science, industrial ecology, and architecture and urban planning. Alice Hartley, MBA 12

22

23

Combined Degrees & Exchange Programs

Combined degrees & exchange programs: expand your options

MIT generates so many innovations and has such tremendous access to the manufacturing world, it makes the LGO Program the ideal setting for future leaders of global operations to build essential expertise.
Limor Zehavi, LGO 12

I rst learned about coconut oil as a biofuel when I was in Mozambique last summer. I wanted to explore just how effective and transferrable it was; so with support from the MIT Public Service Center, MITs Legatum Center, and Media Lab Lecturer Joost Bonsen, who advised me on the project, I went to Fiji in January. I saw how energy economics plays out within villages and how to apply those lessons to other communities. I saw how coconut oil enterprises can be built to sustain a self-sufcient energy supply. MITs culture of student empowerment and innovation was critical in providing me this opportunity. If you have a vision, MIT is the vehicle to help you achieve it. Divya Agarwal, MBA/MPA 13

Leaders for Global Operations (LGO) joint degree

Joint degree: MBA or Master of Science from MIT Sloan and a Master of Science from the MIT School of Engineering in one of seven disciplines Program length: Two years Experience: A cross-disciplinary curriculum featuring actionoriented global learning, a strong emphasis on leadership training, and a signature six-month internship with one of the programs corporate partners

Only MIT could offer LGO, which combines the signicant resources of MIT Sloan and the MIT School of Engineering. Its because of the collaborative culture of MIT that its possible for two of the most inuential academic programs in the world to work closely together and provide an academic experience that capitalizes on the strengths of both. As a result, LGO alumni rise quickly after graduation to major positions at companies like Amazon, Apple, Boeing, and GM. Don Roseneld, Senior Lecturer; Director, LGO Program

During the two-week domestic plant trek with the entire LGO class of 2013, I came to understand the impact that operations has on nearly every aspect of daily life. Far from being relegated to heavy industry and manufacturing alone, the study of operations is relevant to defeating the most difcult problems we face within our society. I found myself even more interested in delving into operations in the future, recognizing that there are so many opportunities available within the sphere of global operations. David Walker, LGO 13 Learn more: lgo.mit.edu

MIT Sloan/Harvard Kennedy School (HKS) dual degree

Dual degree: MBA from MIT Sloan and an MPA/MPP from Harvards Kennedy School Program length: Three or four years Experience: Created for students who plan to pursue careers in international management or economic development or who plan to work in industries or regions with a high degree of government partnership

European Exchange
The European Exchange Program gives you the opportunity to spend one semester abroad at London Business School or IESE in Barcelona. The program is designed for students who seek an intensive international experience or who wish to pursue a future career in Europe.

24

25

Engagement

Engagement: share ideas across borders

David C. Schmittlein, John C Head III Dean; Professor of Management

The strong emphasis on social impact in our operations classes really will help students change the world. MIT Sloan students have such a can-do attitude, I truly believe that they will take what theyve learned and do just that. Zeynep Ton, Visiting Assistant Professor of Operations Management

Organizations are the way that ideas change the world.

Beyond boundaries
As an MIT Sloan MBA student, you will cross boundaries every day to get things done. You will bridge disciplines, industries, cultures, and geographies. You will work with faculty to give people and organizations the knowledge to conduct business productively and improve the lives of those they serve. You will travel to industry hubs to talk directly with high-level executives at multinational corporations and to entrepreneurs in remote villages to help struggling businesses succeed. You will sit down with inuential leaders to discuss global communications and travel the world to analyze best practices. And when you graduate, you will have a depth of knowledge about the international marketplace informed by an extraordinary portfolio of rsthand experiences.

This is why I went to business school. Im pumped. With only a week to go before we travel to Turkey, I am lled with excitement and anticipation. I think back to the difculty my decision to attend business school was. My boss wanted me to stay and tried in vain to convince me to get my MBA part-time. But what drew me to MIT Sloan were the people and opportunities. This water study tour is a prime example that demonstrates exactly what I was thinking when I decided to enroll. We have the opportunity to learn about a critical global issue from brilliant outside lecturers and travel to Turkey and the United Arab Emirates to get a rsthand look at the water situation. By the way, we get school credit for this. Yeah, sorry, boss. Im not headed back any time soon. Jordy DeFelice, MBA 12, from the Water Study Tour blog Read this and other study tour blogs at mitsloanblog.typepad.com/water_global_challenge.

The MIT Sloan Social Impact Fellowship

Dante Cassanego, MBA 12, spent his summer working on a new student information system that will track critical metrics such as attendance and grades in the Boston Public Schools. Charlotte Rocker, MBA 12, traveled to Kenya to work with Daktari Diagnostics, delivering simple, accurate, affordable diagnostic tools to the developing world. Cassanego and Rocker are just two of ten MIT Sloan students who dedicated their summers to societal challenges around the world thanks to funding from the MIT Sloan Social Impact Fellowship.

Organizations do great work to help individuals get access to microcredit, health services, and education, but the urban poor still lack sustainable means for long-term income generation. Before coming to MIT Sloan, I took a sabbatical from a position in corporate strategy to work in slum development with an AIF William J. Clinton Fellowship. I came across a sewing facility in India where they used old saris for sewing practice. I realized that they could actually turn those second-hand fabrics into repurposed clothingneckties and handbags, for example, and be paid a good fair wage for them. I put together a business plan, then applied for and got an MIT Legatum Grant to offset tuition while I developed this idea into a company and earned my MBA. The resources here at MIT are exceptional, from mentors to venture capitalists to entrepreneurial lawits all here. And my company Lallitara is ofcially off the ground. Bijal Shah, MBA 13 Explore the Lallitara website at lallitara.com.

26

Visit

True impressions
Trust-based marketing was invented here at MIT Sloan by professor and former dean Glen Urban. The idea is to give consumers the facts and offer them an authentic experience so that they can decide for themselves if the product ts their needs. If you are considering MIT Sloan, we encourage you to visit campus to see if you feel the t. Almost anyone you talk to who made the trip when they were comparing MBA programs says it was a turning point in their decisionmaking process. Here are a few options for getting to know MIT Sloan better: Participate in the MIT Sloan Ambassadors Program Attend a class or two, chat over lunch with MIT Sloan students, and get a true experience of the community. Register for a Campus Information Session Meet Admissions representatives to explore the program, the community, and the MIT Sloan MBA application process. Attend a global recruiting event Learn about the program at one of our MIT Sloan on the Road presentations, fairs, and student-hosted sessions in a city near you. We visit more than 30 cities around the globe. Visit on your own Stop by the MBA Admissions Ofce, take a self-guided tour, and sit in on a class. Check our academic calendar to make sure classes will be in session during your visit. Ask your questions during an online chat Chat online with MIT Sloan admissions representatives during scheduled Q&As. Find out more about visiting MIT Sloan, register for programs and info sessions, and learn about opportunities to chat online: mitsloan.mit.edu/mba/admissions/admission-events

See for yourself: visit the program

I greatly enjoyed my visit and was thrilled to be able to see the campus in motion. The MIT Sloan MBA Program is remarkable, and all the students are cheerleaders for its unique community and innovative approach.
Gabrielle, prospective student

Tuition & Expenses

27

Tuition & expenses: nance your MBA

Tuition and expenses
Tuition and fees Books and supplies Computer Food $58,200 $1,926 $2,000 $4,500

Financial options
MIT Sloan accepts into the program the most promising MBA candidatesregardless of nancial circumstances. MIT Student Financial Services then establishes students eligibility for loans and scholarships and determines their nancial aid packages. Many students take out private education loans to help pay for their schooling. Visit the MIT Sloan MBA Program website to learn about loans, fellowships, merit awards, and scholarships, including the Yellow Ribbon GI Enhancement Program, which offers scholarships to veterans of the U.S. military. mitsloan.mit.edu/mba/admissions/nancial-aid1

Personal (including medical insurance) $4,950 Housing Transportation TOTAL $13,860 $2,496 $87,932

Tuition and expenses quoted above are for 201213. Costs for the 201314 academic year will be posted online as they become available.

28

Apply

Apply now
Through your application to MIT Sloan, we want to learn more about you and your past academic and professional endeavors. The application includes several key components: a professional rsum, a cover letter, academic transcripts, GMAT or GRE test results, two recommendations, and your answers to these two essay questions. Essay 1: Describe a time when you had to convince a person or group of your idea. Essay 2: Describe a time when you overcame a personal setback. Optional supplemental Information: Share something you would like your future classmates to know about you in a multimedia or written format.
writers: Kathleen Thurston-Lighty and Robert Thurston-Lighty editors: Shauna LaFauci Barry, Pamela Spencer, Julie Strong, Linda Walsh, and Julia Zvenigorodskiy photography: Stuart Darsch, Joyce Fong, Sarah Foote, Jeremy Gilbert, Norman Goldberg, Christopher Harting, L. Barry Hetherington, Justin Knight, Liz Oberacker, Barry Reckley, Andrew Thomas Ryan, and many photographs taken by MIT Sloan students design: Robert Beerman, Onward Upward printing: DS Graphics, Inc.

Apply: launch your future

Even a month into school, this experience has been life changing.
Isa Watson, MBA 13

Make an impact
The mission of the MIT Sloan School of Management is to develop principled, innovative leaders who improve the worldand to generate ideas that advance management practice. Achieving this mission requires the collaboration of inspiredand inspiringpioneers across disciplines and industries. Join us, and make your own impact on the world.

See yourself at MIT Sloan

The Admissions Committee seeks applicants who: Succeed in academic, professional, and extracurricular endeavors Collaborate to accomplish a common goal Inspire others to achieve success Seek alternative solutions to existing challenges Pursue deliberate objectives

Application deadlines
MIT Sloan MBA Program: Round I Round II October 24, 2012 December 27, 2012

MIT Sloan Leaders for Global Operations Joint Degree Program: December 17, 2012 MIT Sloan/Harvard Kennedy School Dual Degree Program: December 27, 2012

Online application: mitsloan.mit.edu/mba/admissions/apply.php

OneSloan
MIT Sloans OneSloan initiative promotes community and cross-program collaboration, strengthening personal and professional networks of MIT Sloan students from all programs, industries, and social groups. MIT Sloan Program Portfolio Educational opportunities for leaders through all stages of their careers. MBA Leaders for Global Operations Master of Finance Master of Science in Management Studies MIT Sloan Fellows Program for Innovation and Global Leadership MIT Executive MBA PhD Program Undergraduate Program

Nondiscrimination Policy The Massachusetts Institute of Technology is committed to the principle of equal opportunity in education and employment. The Institute does not discriminate against individuals on the basis of race, color, sex, sexual orientation, gender identity, religion, disability, age, genetic information, veteran status, ancestry, or national or ethnic origin in the administration of its educational policies, admissions policies, employment policies, scholarship and loan programs, and other Institute administered programs and activities, but may favor US citizens or residents in admissions and nancial aid. The Vice President for Human Resources is designated as the Institutes Equal Opportunity Ofcer and Title IX Coordinator. Inquiries concerning the Institutes policies, compliance with applicable laws, statutes, and regulations (such as Title VI, Title IX, and Section 504), and complaints may be directed to the Vice President for Human Resources, Room E19-215, 617-253-6512, or to the Manager of Staff Diversity and Inclusion, Room E19-215, 617-452-4516. In the absence of the Vice President for Human Resources or the Manager of Staff Diversity and Inclusion, inquiries or complaints may be directed to the Executive Vice President, Room 3-211, 617-253-3928, or to the Director of Labor and Employee Relations, Room E19-235N, 617-253-4264, respectively. Inquiries about the laws and about compliance may also be directed to the Assistant Secretary for Civil Rights, US Department of Education.

MIT Sloan School of Management MBA Admissions Ofce 50 Memorial Drive, E52-450 Cambridge, MA 02142-1347 617-258-5434 mbaadmissions@sloan.mit.edu MITSloanAdmissions MIT Sloan MBA Admissions

mitsloan.mit.edu/mba