Massachusetts Institute of Technology Business Programs

Located in Cambridge, Massachusetts, Massachusetts Institute of Technology is a private not-for-profit institution. The location of the school is great for students who enjoy the amenities of city life.

Where Is Massachusetts Institute of Technology?

Contact details for MIT are given below.

	Contact Details
Address:	77 Massachusetts Avenue, Cambridge, MA 02139-4307
Phone:	617-253-1000
Website:	web.mit.edu
Facebook:	http://www.facebook.com/MITnews
Twitter:	http://twitter.com/mit

How Do I Get Into MIT?

You can apply to MIT online at: my.mit.edu/

Admission Requirements for MIT

Submission	Required?
High School GPA	5
High School Rank	5
High School Transcript	1
College Prep Program	5
Recommendations	1
SAT or ACT Scores	1
TOEFL	5

How Hard Is It To Get Into MIT?

If you plan to apply to MIT, make sure you don't wait until the last minute to fill out your application. The school is one of the most selective in the United States and has a low acceptance rate of 4%. If you are admitted, that's something to brag about!

Approximately 49% of accepted students are men and 51% are women. The acceptance rate for men is 3%, and the acceptance rate for women is 6%.

Average Test Scores

About 78% of students accepted to MIT submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 740 and 780. Math scores were between 790 and 800.

MIT received ACT scores from 32% of accepted students. When looking at the 25th through the 75th percentile, ACT English scores ranged between 35 and 36. Math scores were between 35 and 0. Composite scores were between 35 and 36.

Can I Afford Massachusetts Institute of Technology?

The overall average net price of MIT is $41,943. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.

Student Loan Debt

It's not uncommon for college students to take out loans to pay for school. In fact, almost 66% of students nationwide depend at least partially on loans. At MIT, approximately 6% of students took out student loans averaging $7,235 a year. That adds up to $28,940 over four years for those students.

Massachusetts Institute of Technology Undergraduate Student Diversity

There are 4,638 undergraduate students at MIT, with 4,588 being full-time and 50 being part-time.

There are also 7,296 graduate students at the school.

Gender Diversity

Of the 4,588 full-time undergraduates at MIT, 52% are male and 48% are female.

Racial-Ethnic Diversity

The racial-ethnic breakdown of Massachusetts Institute of Technology students is as follows.

Race/Ethnicity	Number of Grads
Asian	1,519
Black or African American	328
Hispanic or Latino	697
White	1,104
International Students	478
Other Races/Ethnicities	462

Geographic Diversity

Massachusetts students aren't the only ones who study at Massachusetts Institute of Technology. At this time, 49 states are represented by the student population at the school.

Over 134 countries are represented at MIT. The most popular countries sending students to the school are China, India, and Canada.

Online Learning at Massachusetts Institute of Technology

In 2022-2023, 61 students took at least one online class at the school.

The following chart shows how the online learning population at MIT has changed over the last few years.

Massachusetts Institute of Technology Business Concentrations

The table below shows the number of awards for each concentration.

Major	Bachelor’s	Master’s	Doctor’s	TOTAL
Management Science	17	791	20	828
Econometrics & Quantitative Economics	71	13	23	107
Other Management Sciences and Quantitative Methods	26	60	0	86
Real Estate Development	0	8	0	8
General Business/Commerce	0	0	0	0
TOTAL	114	872	43	1,029

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics
• Image Credit: By InSapphoWeTrust under License

More about our data sources and methodologies.