MIT Sloan Admissions

Master of FinanceHow we evaluate our applicants

Competency ModelWe review applications using a competency based model that was developed to measure attributes that we feel will make the most successful MFin candidates

Demonstrated Success Personal Attributes

• Academic Success

• Test Scores

• Internship and/or Full-Time Professional Experience

• Building Effective Relationships

• Motivating Others

• Solving Problems

• Working Well on a Team

Key Competencies

Application ComponentsOne Essay

Resume

Three Letters of Recommendation

Response to Optional Question

GMAT or GRE Score

Academic Records/Transcript

s

18-Month Pilot Essay

for those applying

The Essay QuestionThe full essay question can be found within the application. Please discuss past academic and professional experiences and accomplishments that will help you succeed in the MFin program. Include: • Achievements in finance, math, statistics, and computer science

as applicable• Your short-and-long-term professional goals. How will our MFin

degree help you achieve these goals?• Personal qualities that will enable you to contribute to the

advancement of our mission• Relevant, verifiable details, such as awards, rankings, media

references, etc.,

Responses should be written in essay format (750 or fewer words total)

Essay TipsComplete responses should cover the four distinct points, and be fewer than 750 words

We are interested in learning more about you, your goals and how you work, think and act

Use personal and professional examples within the past 3 years. Include specific details

18-Month Pilot EssayApplicants applying to the 18-month pilot will be required to submit an additional essay describing how the pilot structure will contribute to their academic and professional goals (250 or fewer words)

Recommendation TipsFor your 3 recommendation letters, we ask for one professional,

one academic and the third is up to you – either academic or professional

Choose references who truly know you, and who can highlight your skills with detailed examples. And who can take the time to speak to the specific questions we ask on the recommendation form

Recommender Questions can be found in the application instructions on our website

Reach out to your recommenders early and keep in mind the upcoming winter holidays and school breaks! Recommendation letters are due on the deadline – January 4, 2016; otherwise, your application will be considered incomplete until all recommendations are received

We do not accept mailed paper recommendations. They must be submitted online through our electronic system

We do not accept recommendations from family members

Optional Question TipsThe Admissions Committee invites you to share additional information about yourself, in any format.

Be creative: this is your chance to tell us anything that isn’t already highlighted in your application, or to emphasize something important, or any extenuating circumstances

We love to see videos, but please limit them to 1 minute or less

If you choose a multimedia format, please host the information on a website and provide us with the URL

If you link to a personal website or other type of interactive multimedia, be sure it’s easy to navigate

Test ScoresWe accept either the GMAT or GRE. We do not have a preference

We do not require the TOEFL or IELTS. Language proficiency will be evaluated during the interview process

Academic Records/TranscriptsPlease scan and upload your academic records from all schools whose courses counted toward a degree

Submit your most up to date transcript with your application. If your fall grades are not available by our January 4th deadline, please self report your fall grades and email your updated transcript to mfinadcom@mit.edu as soon as it becomes available

If your transcripts are not in English, you are required to translate them. There are several companies such as WES that offer translation services

We ask that you scan both the original and translated copies and submit them both with your application

While some applicants choose to have an outside credential service evaluate their transcript and provide us with a report, it is not mandatory

Interviews are by invitation only and are a required step in the process. Applicants who are invited to interview will receive further instructions and information about what to expect.

Interviews are conducted in person by a member of our admissions committee.

Interviews will be conducted in several key locations around the globe: Cambridge, London, Delhi, Latin America, Singapore, Beijing, and Shanghai.

Interviews

Behavioral Event Interviews

Your behavioral

event interview will focus

on:

Continuing to get to know you betterProbing details from your applicationLearning specifics about your past experiences, accomplishments and actions… “tell me about a time when you…”Obtaining more details about what you thought, felt, said or did in a specific situation

Important Dates

Deadline

Jan 4, 2016

Decisions Released

Deposits Due

Mar 7, 2016 Apr 15, 2016

Questions? Email: mfinadcom@sloan.mit.edu