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Mit Sloan Mba

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Page 1: Mit Sloan Mba

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MBA Class of 2013 Profile*

Age range 21–43

Work range 0–11

Mean years’ work experience 5

GMAT range (middle 80%) 660–750

Mean GMAT 711

Females 38%

Males 62%

U.S. citizens 57%

U.S. permanent residents 4%

International 39%

Africa < 1%

Asia 17%

Europe 8%

Middle East 2%

North America 63%

Oceania < 1%

South America 9%

Undergraduate Degrees

Business and Commerce 21%

Computer Science 3%

Engineering 36%

Humanities, Arts, and Social Sciences 32%

Science and Math 8%

*As of June 1, 2011 n=398

“The world knows a lot about MIT, but some of the most remarkable things you just can’t know until you get here. For example, the incredible energy of the place. There’s a kind of crackling drive and curiosity that fills the air. MIT feels like a stadium with no seats—everyone is in the game, sometimes 24 hours a day.”

Susan Hockfield, MIT President

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4 Theone-semesterCore

6 Theclassroom

8 Careeropportunities

10 Alumninetwork

12 TheMITinMITSloan

14 Community

16 Actionlearning

18 Principledleadership

20 Finance

22 Innovation

24 Sustainability

26 Engagement

28 Combineddegrees& exchangeprograms

30 Loans&scholarships

32 Applynow&visit

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Read more about what these and other MIT Sloan students are doing at MIT and around the world:

Shayna Harris, MBA ’11 Undergrad: InternationalRelations&PoliticalScience,BostonUniversityBeforeMITSloan: FulbrightScholarinruralBrazil;lednationalandglobalcampaignstoencouragecorporatesocial

responsibilityandeconomicdevelopmentforOxfamandotherorganizations AtMITSloan: CofoundedMITFoodandAgricultureCollaborative;cofoundedNGOstartupSupplyChange,

runner-upandwinneroftheAudienceChoiceAward,MIT$100KElevatorPitchContest

Guillaume Fernet, MBA ’11 Undergrad: Engineering,ÉcolePolytechnique,ParisBeforeMITSloan: SeniormanagementrolesinfinanceandoperationsatBritishandFrenchutilitiescompanies AtMITSloan: SiebelScholar;Co-president,MITEnergyClub;judge,MITCleanEnergyPrize;SponsorshipDirector,

MITEnergyConference

Vanessa Green, MBA ’11 Undergrad: EnvironmentalStudies,DartmouthCollege;SM,Civil&EnvironmentalEngineering,MITBeforeMITSloan: Cofounder,CommunityWaterSolutions,Ghana;ManagerofEngineeringandEnvironment,

TECOMInvestments,Dubai AtMITSloan: Founder&CEO,OnChipPower;ManagingDirector,MITEnergyConference

David Auerbach, MBA ’11 Undergrad: AmericanStudies,YaleUniversityBeforeMITSloan: HeadedPartnerships,Policy,andOutreachDivision,Endeavor;DeputyChairforPovertyAlleviation,

ClintonGlobalInitiative;Yale-ChinaTeachingFellow AtMITSloan: CofoundedSanergy,winnerofthe2011MIT$100K;Co-president,MITSloanEntrepreneursfor

InternationalDevelopment

Limor Zehavi, LGO ’12 Undergrad: IndustrialEngineeringandManagement,Technion-MachonTechnologiLe’IsraelBeforeMITSloan: Industrialengineer,ELALAirlines AtMITSloan: OrganizedDomesticPlantTrekacrosstheUnitedStatesandtheInternationalPlantTrekacrossSouth America;honoredwiththeCharles“Harrison”SmithIIIMemorialAwardforleadershipactivities

“MIT Sloan is a culture of doers. Engaged students are driving high-powered projects, but it’s low key. Even if a fellow student has just started a business that is having a huge impact on a global scale, it’s no big deal here. Nobody brags. Everyone is too busy doing and helping others do.”JonGensler,MBA/MPA’11

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The one-semester Core: building a foundation

“Bottom line: the Core semester is confidence building.”Jon Gleicher, MBA ’12

ThefoundationThe one-semester Core is the key to the dynamism and flexibility of the MIT Sloan MBA Program. “Core” refers to the essential knowledge that students build during this very intensive first semester, giving them a rigorous foundation upon which to design the next three semesters of their MBA experience.

The MIT Sloan MBA class is strategically small—about 400 students—and represents approximately 65 countries. Students are grouped together in diverse teams of six or seven as part of a larger cohort of 67 who remain together in all Core classes. Study team experiences and group field projects during the Core semester turn students into lifelong global team players.

Many students and alumni consider this Core model— a strong foundation followed by broad exploration—to be one of the most significant differentiators of the MIT Sloan experience and key to the extraordinary value the program delivers.

“Theone-semesterCoreprogramisshort,rigorous,andnecessary.Welearnalotveryquickly.It’sanopportunitytomakemistakeswithinasafecommunityduringaperiodthatis,basically,nonstopteachingandlearningmoments.

Thequalityofthepeopleyoumeetandtherelationshipsyoubuildareamazing.Weallbringsomethingspecialtothetable.Mybackgroundisnotinbusinessortechnology,it’sinteachingandnonprofits,butIfeltIhadalottocontribute.

WhenDecemberrollsaround,yourealizeyouhavethefoundationskillsyouneedtopursueyouragenda—andtheanalyticalrigornecessarytoapproachanyproblem.Thatreputationforrigoriswellknown.Youfinddoorsopenwhereveryougo,acrossMITandoutintheworld.”Jon Gleicher, MBA ’12

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Howitworks The fall term of the first year—the

one-semester Core—features required courses that give students a rigorous foundation in any area of business:

• Economic Analysis for Business Decisions

• Data, Models, and Decisions

• Communication for Leaders

• Organizational Processes

• Financial Accounting

Students choose one of these electives during the Core semester:

• Finance Theory I

• Marketing Management

During the one-semester Core, students pursuing the Entrepreneurship and Innovation Track or the Finance Track work with industry experts on real-world problems in these proseminars:

• Introduction to Technological Entrepreneurship

• Introduction to the Practice of Finance

“We have the quantitative and the analytical but we also have the collaborative skill and the breadth of knowledge—that’s a significant combination.” BethanyLoganRopa,MBA’08AssociateDirector,UBSInvestmentBank

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The classroom: learning on the leading edge

“The classroom experience is special at MIT Sloan because it’s a multidirectional flow of learning—the students learn from the faculty, from one another, and the faculty learn from the students.”Renée Richardson Gosline, Assistant Professor of Marketing

UnprecedentedflexibilityStudents come to MIT Sloan because they want to accomplish big things, and they need latitude to do that—the flexibility to move across a virtually boundless landscape of opportunity. MIT Sloan students choose 75% of their coursework from a broad and deep selection of electives. The pedagogy is a hybrid of the qualitative and the quantitative, 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, MIT Sloan students have the opportunity to establish close, mentoring relationships with faculty, who are renowned experts in their fields.

“Icherishtheemphasisoncutting-edgeresearchandthefactthatwe’reencouragedtobringitrightintotheclassroom.OneofmyfavoritethingsaboutteachingatMITSloanisthediversityandhighqualityofstudents.Theyareeagertolearnnewthings,theythinkindependently,andthey’rewillingtotackledifficultissues.BythatIdon’tmeanmathematicalproblems,butratherthattheyareeagertothinkthroughcomplexissuesevenincaseswhereresearchhasnotbeenabletofind‘cookbooksolutions.’”Antoinette Schoar, Michael M. Koerner (1949) Professor of Entrepreneurshipand Professor of Finance; 2009 winner, Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship

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HelpingtheworlddigestacrisisThe former chief economist for the International Monetary Fund, Simon Johnson (pictured above), the Ronald A. Kurtz (1954) Professor of Entrepreneurship, pens influential bulletins from the financial front in The New York Times’ “Economix” and can be seen dissecting the economic crisis in the Oscar-winning documentary Inside Job. He also wrote, with James Kwak, the critically acclaimed book about the financial crisis 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.

Renée Richardson Gosline, Assistant Professor of Marketing

The World’s Top 40 B-School Profs Under the Age of 40

“Poets and Quants searched near and far to uncover this remarkable group of men and women, some of whom have barely reached the age of 30, yet they have made a name for themselves as rising stars in business academia.”From poetsandquants.com.

Four MIT Sloan professors made the Top 40— more than any other school:

• Joshua Ackerman, Assistant Professor of Marketing

• Renée Richardson Gosline, Assistant Professor of Marketing

• Tavneet Suri, Assistant Professor of Applied Economics

• Zeynep Ton, Visiting Assistant Professor of Operations Management

“I enjoy the course load more because it is a schedule that I was able to create.” JoshRider,MBA’12

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Career opportunities:strategizing one-on-one

“We are thought-partners with our students, helping them brainstorm their options—one of the big benefits of MIT Sloan’s relatively small size.”Jackie Wilbur, Senior Director, MIT Sloan Career Development Office (CDO)

BythenumbersMIT Sloan MBA students graduated into jobs in these areas:

TopIndustries 2010 2009 2008

Consulting 18.9% 17.2% 24.2%

Investment Banking 10.7 8.4 16.9

High Technology* 14.5 18.9 17.9

Pharmaceutical/Healthcare/Biotechnology 11.0 9.8 8.6

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

Read the complete 2011 employment report: mitsloan.mit.edu/cdo/class11.php#hirers

“TheCDOandthefacultyare100%investedinourstudents’success.AllCDOprograms,resources,andservicesaredesignedtoempowerthemtomanagetheircareersandconductjobsearchessuccessfully.ThelearningmodelthatwedeliverduringthetwoyearsoftheMBAgivesusagreatvehicleforcoachingstudentsthroughthisprocess.WebeginwithCareerCore,developedwithMITSloan’sfacultytohelpstudentsunderstandandarticulatethebenefitstheywillbringtoanorganizationandtothewiderworld.”Jackie Wilbur, Senior DirectorMIT Sloan Career Development Office (CDO)

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A strategic portfolio of career resourcesThe MIT Sloan MBA Program was the first to integrate a career seminar into the Core curriculum (Career Core), launching students on a focused career path from the very first semester. Developed by faculty and career experts in the MIT Sloan community, the Career Development Office’s suite of time-tested programs is designed to provide essential resources, experiences, and access to the right people, networks, and organizations.

Career CoreCareer Core helps students identify their own abilities and differentiators and refine their career management skills. Integrated into the Core semester—the first semester of the MIT Sloan MBA Program—Career Core is a major catalyst in helping students take the leap in their careers and be on their game for recruiting.

Career fairLeading recruiters from across the business spectrum converge on campus to get to know first- and second-year students.

InternshipsSignificant on-the-job career experiences in companies around the world, internships give students a chance to explore industries, develop skills, and build relationships with prospective employers. The intimate class size works to MIT Sloan students’ advantage when applying for competitive internships.

On-campus recruiting programA-list companies in many industries visit campus to recruit students to positions in consulting, financial services, commercial technologies, biotech, and other fields. Approximately 60% of students obtain their job offers through the on-campus recruiting program.

TreksStudents travel to New York to sit down with influential leaders in the banking industry, to Washington to meet with heads of government and nonprofit organizations, to Las Vegas to learn about the business of entertainment, and to marketplace hotspots around the world.

“TheCDOconnectedmewiththeMITSloannetworkonWallStreet,andIlearnedeverythingIneededtoknowaboutUBSfromthealumsthere.NowI’mworkingtorecruitnewMITSloanMBAstoUBS.”Bethany Logan Ropa, MBA ’08Associate Director, UBS Investment Bank

“Ican’tstressenoughthevalueofthepersonalrelationshipsweestablishwiththeCDO.WhenIdecidedtoreturntoretailcorporatestrategyafterafewyearsofconsultingatBostonConsultingGroup,IleveragedtheCDO’sresourcestoconnectwithanMITSloanalumatConverse.”Dwane Morgan, MBA ’08Senior Manager of Strategic PlanningConverse Inc.

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Alumni network:connecting to you

“Whatever you’re interested in, there’s an alum out there doing it and ready to mentor and give advice. It’s been a huge advantage.”Elliot Sedegah, MBA ’11

SerialinnovatorThe Boston Globe recently cited Shuman Ghosemajumder, MBA ’02, as one of MIT’s great innovators. The former “click fraud czar” at Google developed systems to protect advertisers in a $20 billion industry. He joined Google in 2003 as a product manager for AdSense, led the launch and growth of the Link Units business, and helped launch Gmail. Ghosemajumder was the recipient of two Google Founders’ Awards for significant entrepreneurial accomplishments. His MIT Sloan MBA thesis examined digital distribution. In a bold, public-spirited move, Ghosemajumder left Google in 2010 to grow TeachAIDS, a nonprofit organization that develops HIV/AIDS prevention education materials.

“WhenIwasatMITSloan,IsoughtoutalumsworkingwithcompaniesIwasinterestedin.Iwasabletositdownoverlunchandtalkwiththemaboutreachingouttotherighthiringmanagers.Ihavebeenoutafewyears,butIstillrelyonthattightnetwork.TheMITSloanBayAreanetworkiscloseandsupportive—likefamily.Wemeetoften.Peoplesharetheirexperiencesandhelpeachotherout.

AtApple,IhavetriedtohelpMITSloanstudents,showthemaroundthecompany,andconnectthemwiththerightpeople.Infact,ApplehasacommitteeofMITgradsthatmeetsonceamonthtostrategizeonhowtorecruitmoreMITSloanalums.It’snotjustthatwe’reloyaltoouralmamater.WeknowthatMITSloanstudentsarecomingfromacollaborative,supportive,noncompetitiveculture—thebestkindofworkethicinateamenvironmentlikeApple.”Itai Ram, MBA ’09Product Manager, iPhone/iPad Software, Apple

Bythenumbers

• MIT Sloan alumni network: 20,000 in 90 countries

• MIT alumni network: 120,000

• MIT Alumni Association clubs worldwide: 75

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Apowerfulalumninetworkthatincludesleadersineveryfacetofthemarketplace

Admiral Thad Allen, SF ’89, retired U.S. Coast Guard

Commandant, shares his thoughts on leadership through

the Gulf oil spill crisis.

JoaquinE.Bacardi,III,MBA’98President and CEO, Bacardi Corporation

RobinChase,SM’86CEO, GoLoco, Cofounder, Zipcar

BradFeld,SB’87,SM’88Managing Director, Mobius Venture Capital

HomayounHatami,MBA’00Principal, McKinsey & Company

JudyC.Lewent,SM’72Former Executive Vice President and CFO, Merck & Co., Inc.

BrendanMiller,MBA’04Green Economy Manager, State of New Mexico

SaadiqRodgers-King,MBA’08Entrepreneur, Cofounder, Hot Potato

Read alumni blogs: mitsloan.mit.edu/mba/alumni/blogs.php and profiles mitsloan.mit.edu/mba/alumni/profiles.php

“OneofthegreattakeawaysfrommyMITSloanexperiencehasbeenthenetwork.WhenIwasinChinaafewweeksago,Ihaddinnerwithafriendfromtheprogram.He’sinHongKongnow,andwewerechurningthroughideasfornewbusinessopportunitiesthere.FromHongKong,IflewtoCanadaandhaddinnerwithanotherformerclassmate.AnywhereIgointheworld,IreconnectwithsomeonefromtheMITSloannetwork.WhetherI’mlookingforajob,anewbusinessopportunity,orjustcatchingupwithanoldfriend,it’simpossibletooverestimatethevalueofthevastglobalnetworkIwasabletobuild.Iuseiteveryday.”Tolu Adeleye, MBA ’04Manager, Group Strategy & DevelopmentPratt & Whitney, A United Technologies Company

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Cross-campusexplorationWant to know the secret to making perfect sushi? Understand the inner workings of the stock market? Learn how to tell stories for fun and profit? Every January during Independent Activities Period (IAP), members of the MIT community reach out and share their knowledge, offering more than 700 classes to the wider Institute community.

An interim session between the first and second semesters, IAP offers serious academic subjects for credit as well as high-octane diversions like The Hottest, the Coldest, the Highest, the Deepest, and the Most Foreign Places on Earth or MIT’s legendary Mystery Hunt. The sole common denominator is the joy of learning something—or many things—just for the thrill. web.mit.edu/iap/

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

“MITSloanisintegratedintothelargeruniversitymorethananyotherbusinessschoolIknow.WhatthatmeansformeinthefieldofenergyistheabilitytoleverageMIT’svastenergyecosystem—probablythemostvaluableonEarth.Tobesuccessfulinenergy,youhavetounderstandbusiness,management,andfinance,butalsopolitics,chemistry,andadvancedtechnologies.AtMITSloan,Icaninteractwithandlearnfromstudents,alumni,andfacultyfromtheseotherdisciplinesincourses,inactionlabs,andintheMITEnergyClub[Fernetisco-president].Collaboratingacrossfunctionsanddisciplinesisfun—andit’saskillsetthatemployersvalueveryhighly.”Guillaume Fernet, MBA ’11

The MIT in MIT Sloan:collaborating 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

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DavidAuerbachMBA’11andAniVallabhaneni,MBA’11

Sanergy: building sustainable urban sanitation

“When we conceived of this idea in MIT’s Development Ventures class…we knew that it was going to take a village to succeed. How do you aim to build 6,000 toilets solo? Fortunately, MIT attracts the ideal villagers…out of the MIT woodwork have appeared committed designers and engineers.

It takes capital to fly to Kenya, to set up workshops, and to learn from experts in other parts of the world. At every turn, the MIT Public Service Center, the IDEAS Competition, the IDI, and the Legatum Center found dollars for us to do that.In the heart of the University of Nairobi, MIT established a Fab Lab, which ensured that we were able to develop 3D renderings of our design before making costly molds.

The support of the MIT E-Center has been incredible in giving us space, coffee, printing…and endless encouragement. And...the MIT100K. It took all of our work in business school—pricing strategies, financial models, conjoint surveys—to put together the business plan, yet we doubted that venture capitalists and industry leaders would be swayed that our work has clear financial and social impact. They amazed us with their confidence.

Thank you for believing in us on this incredible journey.

Peace, love and sanitation!”

Excerpts from the blog “Sanergy: An MIT Love Story.” Read more about Sanergy including the full blog entry: saner.gy

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Community: inspiring invention, ingenuity & fun

“The deciding factor for me was the culture at MIT Sloan. People are famously unpretentious and down-to-earth here, yet diverse, interesting, and very accomplished.”Alice Hartley, MBA ’12

NoplacelikeitonEarthEverybody says it. The culture of MIT Sloan, and the larger MIT community it’s a part of, is unlike any other institution of higher learning. The division between work and play is almost nonexistent, not because students work all the time, but because they tackle whatever they’re doing with the same characteristic spirit of adventure. Their personal and professional interests often intersect, and they spend their time at MIT Sloan exploring the ideas and challenges they find rewarding. It’s the kind of friendly and inclusive culture where one student’s infectious enthusiasm for sailing can generate a fleet of fellow sailors by week’s end.

Off-hoursareverymuchonMIT Sloan plays like it works—with ingenuity and a voracious appetite for connecting with people and finding novel ways to have fun. Thus, the C-function or cultural function. Open to the entire graduate community, including faculty and staff, significant others and families, MIT Sloan C-functions usually celebrate a theme, from edge-pushing Japanese fashion to Brazilian BBQ.

It’sawonderfultownMIT is positioned in the center of one of the most exhilarating urban centers in the U.S. Boston is distinguished by its architectural beauty, a setting between the ocean and a winding 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 important urban centers. And you can actually hop a subway train to the beach. Cambridge, the home of MIT Sloan, only a few minutes’ walk from Boston, has enumerable riches of its own, including a village vibe, great music, adventurous food, and one of the most diverse and educated populations on Earth.

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“Thisisverymuchabottom-upenvironment.Studentsmaketheexperiencewhattheywantittobeandhavealotofflexibilitytorunthings,shapethings,changethings.It’sacommunityofcollaborators.”Shayna Harris, MBA ’11

“It’sprobablyoneofthemostdiverseprogramsoutthere.Youdon’tfeelthatanyonenationalityisrepresentedmorethananyother—itseemslikepeoplejustcomefromthe world.”Guillaume Fernet, MBA ’11

“Theprogramisinternationalinitsstudentbodyandalsoinitsattitude.Peopleinthisprogram—andacrossMIT—don’tthinkaboutborders.Wethinkaboutwhereintheworldweshouldgotofindoutwhatweneedtoknow,thenwegothere.”Darren Nix, MBA ’11

“Studentsareamazinglycollaborativehere.It’saverywarmcommunity.Welookoutforeachother,andIknowI’llhavethissupportsystemfortherestofmypersonalandprofessionallife.”Jen Tutak, MBA/MPA ’12

“Iwassurprisedtocometoaplacewithsomanyhighachieversandnotgetanysenseofcompetition.Becauseofthatcomfortlevel,youfindyourselfwantingtotrysomethingnew,somethingcompletelyoutsideyourcomfortzone.”Limor Zehavi, LGO ’12

“Ineverexpectedtobeabletomakesuchanimpactontheworld.”Tyler Spalding, MBA ’11

“There’ssuchastrongsenseoffamilyhere,andIfeelverymuchapartoftheprogram.ItraveledtoIsrael,CostaRica,Colombia,Iceland,andThailandwithmembersoftheclassonstudytoursandtreks.”Alexis Przybylski, President Emeritus, Significant Others Club

Why MIT Sloan?

Find other student voices on the pages of the MIT Sloan student blog: mitsloanblog.typepad.com/mba2012/

“ThecultureatMITSloanisverywelcomingandinclusive.Inclass,wehavethespiritofrespectandcollaboration.Everyoneisinvitedandstimulatedtospeakupandbuildoneachother’sideas.”Luiz Flavio Sampaio, MBA ’11

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Action learning: developing experience

“Our India Lab project was life-changing for us and, potentially, for thousands in the communities of Tamil Nadu.”Jen Tutak, MBA/MPA ’12Read the MIT Sloan India Lab blog: actionlearning.mit.edu/india-lab/Press.html

“Morethananyotherexperienceat[MIT]Sloan,thestudytourhasmademefeelproudtobepartofsuchasmart,diverse,andintellectuallycuriousgroupofpeople.Thehourswespentinplanes,trains,andbusesgaveusachancetositnexttoclassmateswedon’ttypicallyinteractwithandlearnabouttheirbackgroundsinlaw,realestate,civilengineering,publichealth,investmentbanking,andpublicpolicy.DuringeverycompanyvisitinAsia,ourgroupcouldalwaysbecountedontolistenrespectfullytocompanyexecutives[and]askpoignantquestions.Ifounditfascinatingtobeabletodigestfindingsfromthemeetingthroughthedifferentlensesofourclassmates.”Matt Nespoli, MBA ’12ExcerptsfromtheBusinessofWaterinAsiastudytourblog:mitsloanblog.typepad.com/business_of_water

Thebusinessadventuresofalifetime The rigor of the MIT Sloan MBA experience extends from challenges in the

classroom to those facing companies large and small around the world.

• Action Labs—student teams travel the world to solve company challenges and humanitarian crises.

• Treks—fact-finding expeditions focus on specific careers and geographic regions sponsored by student clubs and industry subgroups.

• International Study Tours—as part of the Special Seminar in International Management, students embark on working tours of global business centers.

Bloggingontour• Clean Energy Tour mitsloanblog.typepad.com/mit_clean_energy

• Business of Water in Asia mitsloanblog.typepad.com/business_of_water

• European Luxury Industry Study Tour mitsloanblog.typepad.com/european_luxury

• Agriculture & Innovation in Brazil and India mitsloanblog.typepad.com/springtrip2010/

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Clubs:mobilizingthecommunity Clubs at MIT Sloan organize authentic professional

experiences for their members—treks to industry centers, for example, and conferences that draw participants from all over the world. Among the dozens of clubs devoted to professional, cultural, and recreational interests are:

Read more about MIT Sloan student clubs: mitsloan.mit.edu/mba/experience/clubs.php

TheActionLabs•EntrepreneurshipLab(E-Lab)

•GlobalEntrepreneurshipLab(G-Lab)

•ChinaLab

•GlobalHealthDeliveryLab(GHD-Lab)

•IndiaLab

•LeadershipLab(L-Lab)

•SustainableBusinessLab(S-Lab)

“TheMinorityBusinessClub(MBC)hasbeenahugepartofmyaction-learningexperiencesatMITSloan.Webringtogetherpeoplefromallwalksoflifeandculturalbackgrounds,thenleverageourdiversitytolearnfromeachotherandcollaborateonprojectsthatextendwhatwe’refocusingoninclassesandlabs.

WhentheMBCenteredtheNationalBlackMBACaseCompetition,ourchallengewastocreateastrategyforacurrentChryslerinitiative—howtomarketeffectivelytotheAfricanAmericancommunity.Atthefinals,wegottopitchourideastoapanelofChrysler’sseniorexecutives,whichgaveusaveryrealpreviewofwhatisnecessarytoengageandinfluencethehighestechelonofleaders.”Elliot Sedegah, MBA ’11

“ItwillbeexcitingtowatchBrazil’sriseasadevelopednationandgratifyingtohavefirst-handperspectiveontopicsthatwillbecomepartoftheglobalconversationonBrazil.”Saeed Coates, MBA ’12ExcerptsfromtheBusinessofEducationinBrazilstudytourblog:mitsloanblog.typepad.com/business_of_education/

• Business in Gaming Club

• Quantitative Finance Club

• Marketing Club

• Energy and Environment Club

• Management Consulting Club

• Sales and Trading Club

• MIT Sloan Entrepreneurship Club

• Student Entrepreneurs for International Development (SEID) Club

• Venture Capital and Private Equity (VCPE) Club

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Principled leadership: creating impact in the world

“MIT Sloan equipped me as a leader to manage across disciplines, deconstruct a complex problem and analyze its component parts, recognize opportunity—and create opportunity where none exists.”Heather Tow-Yick, MBA ’07, Founding Executive Director, Teach for America, R.I.,member emeritus of the MIT Sloan Student Senate

TheMITLeadershipCenterThe MIT Leadership Center organizes seminars that include real-time simulations, up-close and personal sessions with senior executives, practitioner panels and presentations, skill-building workshops, and activities that provide opportunities for self-assessment and reflection. sloanleadership.mit.edu

SportsAnalyticsConferenceshootstoforefrontOrganized by the MIT Sloan Entertainment, Media & Sports Club, the Sports Analytics Conference has become one of the industry’s premier events. The 2011 event included an A-list roster of sports leaders from Sunil Gulati, U.S. Soccer Federation president, to Daryl Morey, MBA ’00, general manager of the Houston Rockets.

VISIONING

RELATINGSENSEMAKING

INVENTING

TheFourCapabilitiesFrameworkDeveloped by MIT Sloan faculty and tested in industry settings, the Four Capabilities Framework (FCF) is a powerful tool for understanding and practicing leadership. The leading-edge model helps students discover their individual leadership credos, drawing upon personal values, skills, experiences, and perspectives to build trust and respect.

Organizingpremierindustryevents

Student clubs are professional engines at MIT Sloan. Members take significant leadership roles within their fields by organizing conferences, symposia, and other major industry events such as:

• SWIM Conference (MIT Sloan Women in Management)

• Marketing Conference

• Africa Business Conference

• BioInnovations Conference

• Investment Management Conference: Investing Post Crisis

LEADERSHIPSIGNATURE

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CandidexchangeswithgloballeadersSeveral hundred of the world’s finest leaders travel to campus every year to talk with MIT Sloan students about the realities of leadership in the 21st century. As part of the Dean’s Innovative Leader Series, students engage in frank discussions with the leaders who are shaping the present and future marketplace, from corporate icons like Ursula Burns, chairman and CEO of Xerox Corporation, to political movers and shakers like José Aznar, former prime minister of Spain, to 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.

Read/listen to/watch past speakers at MIT Sloan: mitleadership.mit.edu/r-lessons.php mitworld.mit.edu/series/view/84

MITSloanInnovationPeriod(SIP) SIP is an MIT Sloan curricular innovation in

which students undertake one immersive week of intense leadership study. “Core SIP” provides a common experience for all first-year students and serves as an anchor for ethics and leadership development. Set apart from the rest of the 13-week semester, classes like these provide experiential lessons in leadership and ethics and expose students to leading-edge faculty research:

• Obstacles, High Ropes, Leadership, and Teams

• 21st-Century Visual Arts Workshop for Business Leaders

• Leadership as a Lifestyle: A Holistic Approach to Principled Influence

“WhenIworkonaprojectwithengineeringstudents,there’sanexpectationthatI,astheMBAintheroom,willbesettinggoalsandcreatingimplementationstrategies.Andthere’ssomuchinterdisciplinarycollaborationhappeningbetweenMITSloanandtherestofMIT,it’simpossibleforanMBAstudenttoleaveherewithouthavingassumedasignificantleadershiprole.HelpinglaunchtheMITFoodandAgricultureCollaborative(MITFAC),forexample.ElizabethGreene,MBA’10,andIhostedacoupleofMIT-widebrainstormingsessionsaboutglobalfoodproduction,marketing,anddistribution.Itwasuptoustoprovidethevisionandstructurethatwouldmovethegroupbeyondideagenerationtoconcreteaction.Now,I’musingthedistributedleadershipmodel—partoftheFourCapabilitiesFramework—tohelpcultivatethenextgenerationofMITFACleaders.”Shayna Harris, MBA ’11

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Finance: shaping an industry

“I promise my students that what I teach them will have a long shelf life, not the flavor of the week.”Robert Merton, Nobel Laureate and School of Management Distinguished Professor of Finance

FinanceTrackThe MIT Sloan Finance Track is designed for students planning on careers in the finance industry. The Finance Track is built around four foundational courses that delve deep into the theory and practice of finance, 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.

One of the most popular aspects of the Finance Track is the proseminar, in which student teams tackle research problems that have been posed by leading experts in the financial community. The team’s solution is presented at a seminar open to the entire MIT community.

Students completing the Finance Track earn a Certificate in Finance in addition to their MBA degree.

Inventing—andreinventing—finance Many advances in the study and practice of finance—

even the spreadsheet—have emerged from the research and inspirations of MIT pioneers, both faculty and alumni. Just to name a few:

• Myron Scholes and Robert Merton (along with Fischer Black) developed what has come to be known as the Black-Scholes Model—a method used to determine the fair price of stock options. Merton and Scholes won the Nobel Prize for their efforts.

• MIT Sloan alumnus William A. Porter revolutionized digital stock trading with the founding of E*Trade.

• Francisco Modigliani, also a Nobel Prize-winner, contributed to the development of “the life-cycle model,” which helps predict where a country’s economy might be headed, given its demographic composition.

WherethepioneersliveonThe MIT Sloan Finance Group, legendary for the innovations and advances emerging from its ranks, was founded in the late 1960s, long before many other business schools recognized finance as a distinct field of study. The Finance Group has 18 full-time tenure-track faculty and a research program that spans all the principal areas of the field.

“Manyoftherockstarsoffinancearehere.Iamlearningfromsomeofthebrightest,mostwell-respected,andbest-connectednamesintheindustry.Iheadarealestateinvestmentcompany,butwanttopursueacomplementarycareerininvestmentbanking.ThewaytheMBAprogramisstructured,IcanfollowtheFinanceTrackandalsotakeclassesattheMITCenterforRealEstate.HavingtheflexibilitytopursuethatcombinationisoneofthemainreasonsIchoseMITSloan.”Saeed Coates, MBA ’12

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TakingittotheStreet At MIT Sloan, students learn finance during action-learning

experiences in banks, boardrooms, and startups around the globe through these and many other vehicles:

“Astheworldbeginstorebuilditsfinancialinfrastructurefromtheashesofthiseconomiccrisis,IbelieveMITisprimelypositionedtoplayaleadershiproleinshapingthefuturethroughitsresearchandeducationalprograms.WhatIteachiswhatItrytoimplementinindustry—andviceversa.Studentslearnfoundationaltoolsandconceptsthattheywillcallonagainandagain—eveninthemostseniorrolesandinanysector.”Robert Merton, Nobel Laureate and School of Management DistinguishedProfessor of Finance

Revolution/evolutionFive of the founding fathers of modern finance—MIT Sloan professors Stewart Myers, Myron Scholes, Robert Merton, John Cox, and Stephen Ross—sat down together recently for a landmark conversation about the evolution of modern finance. Moderator Andrew Lo (pictured left), the Harris & Harris Group Professor of Finance and director of MIT’s Laboratory for Financial Engineering, is a financial trailblazer himself.

Watch the video: mitworld.mit.edu/video/878

• Asian Finance Trek

• Investment Management Conference

• MIT Sloan Trading Lab

• Quantitative Finance Club

• New York Finance Day

• MIT Sloan Finance Club

• London Finance Day

• Sales and Trading Club

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Innovation: tapping the entrepreneurial ecosystem

“The MIT Sloan entrepreneurial experience has leaped beyond my expectations. I’m learning essential realities about starting a business everywhere I turn here, including the classroom.” Darren Nix, MBA ’11

TheEntrepreneurshipandInnovationtrackIn the E&I track, MBA students build essential entrepreneurial knowledge in classes, proseminars, action labs, and treks to new-enterprise hotspots around the world. The curriculum emphasizes team practice linked to real-world ventures and gives students a chance to plug into MIT’s vast management, technology, and new enterprise resources. They also have ample opportunity to tap the School’s formidable entrepreneurship network and to sit down with venture capitalists, industry mentors, and the leaders of enterprises new and venerable. Students earn an E&I Certificate in addition to the MBA degree.

Fuelingideaswithi-TeamsEvery semester, entrepreneurial experts from MIT’s Deshpande Center and the MIT Entrepreneurship Center select promising research projects and build a high-performance student team dedicated to each one. The student “i-Teams” evaluate the commercial feasibility of marketplace innovations and develop go-to-market strategies.

“Thefirstweekofclasses,Isentoutanemailaskingifanybodywantedtogettogetherforlunchtotalkoverstartupideas.Iexpected10students—60showedup.Infact,Iendedupmeetingaclassmate,JasonTraff,MBA’11,whowasworkingonthesameideaIwas—anewkindofinsuranceaggregatorthatmakesitpossibletobuycarinsurancethewayyoubuyairlineticketsonTravelocity.Lessthanayearlater,JasonandIareabouttolaunchLeaky.com.”Darren Nix, MBA ’11

NexusoftheentrepreneurialuniverseIf the 25,800 companies founded by MITalumni formed an independent nation, combined revenues would make that nation the 11th-largest economy in the world. Last year alone, MIT Sloan MBAs launched more than 40 enterprises.

entrepreneurship.mit.eduentrepreneurship.mit.edu/sites/default/files/files/Entrepreneurial_Impact_The_Role_of_MIT.pdf

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“The more collisions of great minds we can create at MIT the better.”BillAulet,ManagingDirector,MITEntrepreneurshipCenter

TheMIT$100Kinvitesyouto“Pitch”and“Twitch”The MIT $100K, the oldest and most influential business plan competition in the world, has facilitated the birth of more than 130 companies with captured exit values of $2.5 billion and a market cap of $15+ billion. But like any organization dedicated to innovation, the $100K is continually inventing, introducing new vehicles for entrepreneurs like the Elevator Pitch Contest. Contestants learn to present their ideas to potential investors at a moment’s notice—the entrepreneur with the most effective 60-second pitch wins $5,000. Even more of a challenge, the MIT $100K Twitch contest invites aspiring entrepreneurs around the world to tweet a sales pitch. The brainstorm with the most retweets wins the prize.

“AsanMBAstudent,I’vebeenabletoleverageMIT’sremarkableentrepreneurialecosystemtogrowtwonewenterprises—CommunityWaterSolutions,aventureIstartedbeforecomingtoMITSloan,andOnChipPower,whichsprangoutofmyNewEnterprisesclass.

Thetreks,inparticular,havebeenincrediblyeye-opening.IwasabletotraveltoCambodiaandIndonesiatolookatmicrofinancing—thentoAsiaontheCleanWaterTrektolookatthebusinessofwaterinSingapore,theworld’smostsophisticatedwatersystem,andChina,theworld’slargest.Injusttwoandahalfyears,CommunityWaterSolutionshasbeenabletolaunchsustainablecleanwaterbusinessesin19villagesinGhana.

MythreecofoundersatOnChipPowerareelectricalengineersandcomputerscientists.TheytooktheNewEnterprisesclassspecificallytomeetupwithstudentsfromMITSloanwhocouldhelpthemcommercializetheirnewpowerelectronicstechnology.Westartedfundraisinginthefall,signedatermsheetbythefirstoftheyear,andjustclosedonourfirstroundoffinancing—$1.8million.”Vanessa Green, MBA ’11

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Sustainability: changing the conversation

“Framing sustainability as loggers versus spotted owls, growth versus green, economy versus environment…doesn’t work and isn’t right. These things are fundamentally aligned.”MIT Sloan Professor John Sterman, Jay W. Forrester Professor of Management; Director, MIT System Dynamics Group

“IwasworkingasacommunicationsmanagerinanarchitecturefirmwhenIdecidedtochangecourse.Iwantedtoconnectdesign,sustainability,andmanagement,soIlookedatavarietyofprograms.WhattippedthebalancetowardMITSloan?Therigorousquantitativeandsystemsthinking,theflexibilityofthecurriculum,andthestrongconnectiontotherestofMIT’sdesignandsustainabilityactivities.

Wehaveaworld-classfacultyinoperationsandsupplychains,fieldsthatareveryrelevanttosustainability,plusleadersinrelateddisciplineslikematerialsscience,industrialecology,andarchitectureandurbanplanning.Intermsof‘green’MBAs,MITSloaniswheretherubbermeetstheroad.”Alice Hartley, MBA ’12

GrowingsmartleadersandsustainablecompaniesIn the Sustainable Business Lab (S-Lab) and other action-learning projects, MBA students develop a deeper understanding of how organizations create sustainable operations and supply chains. They work with faculty and industry experts to design cutting-edge research and management tools that promote best practices. And they bring everything they have learned into companies like General Motors, Intel, and Nike to help them increase the level of sustainability in their operations, products, and services.

Explore S-Lab projects at actionlearning.mit.edu/s-lab/Projects.html.

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MITSloanSustainabilityCertificateStudents who pursue the MIT Sloan Sustainability Certificate are committed to investigating the alignment among healthy businesses, environments, societies, and an economy that serves human needs. Integrating resources and disciplines across MIT, the curriculum offers sustainability strategies and action-learning opportunities to put knowledge into practice.

“IfoundtheglobalexperienceIwaslookingforthankstotheMITSloanSocialImpactFellowship,whichgivesMBAstudentsthechancetosolvecrucialsocietalchallengesduringintensiveinternshipsatcorporationsandhumanitarianorganizationsaroundtheworld.MyinternshipwastoinventstrategiesfordevelopingsustainableentrepreneurialecosystemsintargetcountrieswithinAfricaandLatinAmerica.Aspartofthatproject,Icreatedenvironmentinvesting

‘snapshots’ofeachcountrytoattractVCsandotherinvestors.Thisexperience,combinedwithwhatI’mlearninginclassaboutentrepreneurialventures,branding,andpricing,hasgivenmethetoolsIneedtohelpbuildaflourishingentrepreneurialecosystemthroughoutmyhomecountryofMexico.”Ignacio De La Garza Evia, MBA ’11

Building greenMIT Sloan’s landmark building E62 is the heart of the School, fostering communication, collaboration, and innovation among faculty, students, and alumni. The building is also a living, working symbol of MIT Sloan’s dedication to sustainability and a model for building green. The greenest building at MIT, E62 integrates sustainable features like light-sensitive window shades, a green roof, and an irrigation system that minimizes water use by responding to changes in the weather.Learn more: mitsloan.mit.edu/buildingthefuture/about-e62.php

“AbigpartofthereasonIwantedtogotobusinessschoolwas…tolearnaboutallformsofsustainability—notjustenvironmental.Iwantedtolearnabouteconomicsustainabilityandthesocialsidethatgoesalongwiththat.Iwantedtolearnhowyoucanproduceaprofitinawaythatdoesn’tmakeanyone’slifemoremiserable,andhowyoucanrunabusinessinamannerthatimprovesthequalityoflifeforallinvolved.IfoundthatMITisagreatplacetolearnallofthat.”Christina Ingersoll, MBA ’10, Sustainability Certificate recipientResearch Assistant, International Food Policy Research Institute (IFPRI)

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Engagement: sharing ideas across boundaries

“Organizations are the way that ideas change the world.”David C. Schmittlein, John C Head III Dean, Professor of Management

MITClimateCoLabharnessescrowdsourcingIn the Climate CoLab project, MIT Sloan Professor Tom Malone and his interdisciplinary colleagues are harnessing a new form of knowledge power—crowdsourcing. Inspired by the success of sites like Wikipedia, the MIT Climate CoLab is focusing the collective intelligence of thousands of people around the world on climate change. Launched by the MIT Center for Collective Intelligence, this international online community is creating, analyzing, and exploring detailed proposals that address climate change. Last fall, the organization held a global competition for proposals that best answer the question: What international climate agreements should the world community make?

Find out about the winning idea in Tom Malone’s blog: mitsloanexperts.wordpress.com/2011/02/06/solving-climate-change-with-crowdsourcing.

BillGatesonOpenCourseWare“MIT’sOpenCourseWareInternetsitemakesvideos,lecturenotes,andsometimesevenexamsfrom2,000undergraduateandgraduatecoursesavailabletotheworld,freeofcharge.Theseincludetheworld-renownedphysicscoursestaughtbyProfessorWalterLewin,whichhavebeenviewedmorethan5milliontimesandwhichI’vewatchedrepeatedly.OpenCourseWarehasbecomeanationalmodelfordeliveringonlineeducationanddemocratizinglearning.”

Bill Gates, cochair of the Bill & Melinda Gates Foundation and chairman of Microsoft, from

“Why MIT Matters” by Bill Gates in the Boston Globe Magazine: www.boston.com/news/education/higher/specials/mit150/Gates/

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“ThisspringIhadtheopportunitytotakepartintheGlobalHealthDeliveryLabwhereweworkedwithanHIV/AIDSawarenessorganizationinSouthAfrica….OtherteamsinourclassworkedwithhealthorganizationsinUganda,Kenya,andIndia….InthefirstphasewewereMITMBAswithalltheanswers,fancyframeworksandPowerPoint®deckwhowerelookingattheproblemremotelyandapproachingitaswewouldacasewrite-up.Inthesecondphasewegotonthegroundandquicklyrealizedthesituationwasn’tascutanddriedaswethought…originalsolutionwasnotgoingtowork.InthisphasewehadtoleveragetheskillswelearnedatMITSloan…toredefinetheproblemandworktofindasolution….”ExcerptsfromtheblogofNicole Zenel, MBA ’11Readmore:mitsloanblog.typepad.com/nicole/2011/03/

MBAs without bordersMIT Sloan students cross boundaries every day to get things done. They bridge disciplines, industries, cultures, and geographies. They work with faculty to give people and organizations the knowledge to conduct business productively and improve the lives of those they serve. They travel to industry hubs to talk directly with influential leaders of multinational corporations and to entrepreneurs in remote villages to help struggling businesses succeed. They sit down with the president of India to discuss global communications and travel the Earth to analyze healthcare practices. When they graduate, they have a depth of knowledge about the international marketplace informed by a rich portfolio of firsthand experiences.

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Combined degrees & exchange programs: expanding 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

LeadersforGlobalOperations(LGO)jointdegree

• 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 action-oriented global learning, a strong emphasis on leadership training, and a signature six-month internship with one of the program’s corporate partners

“Alargepartofwhatdrivessocietalconflictisourfailuretomanageresourceswell—waterrights,arableland,energysources….I’veseentheresultsofthatfirsthandastheheadofaninfantrymortarplatooninIraq.DuringmytimeatMITSloan,Ihavebecomecommittedtocleanenergyandwanttobeoneofthepeoplewhobringsittomarket,sothedualdegreeprogramfitsmyobjectivesexactly.Mypassionandbusinessknow-howcomefromMITSloan,whileHKShastaughtmehowtopromotestrategicpolicies.It’sanunbeatablecombination.”Jon Gensler, MBA/MPA ’11

“OnlyMITcouldofferLGO,whichcombinesthesignificantresourcesofMITSloanandtheMITSchoolofEngineering.It’sbecauseofthecollaborativecultureofMITthatit’spossiblefortwoofthemostinfluentialacademicprogramsintheworldtoworkcloselytogetherandprovideanacademicexperiencethatcapitalizesonthestrengthsofboth.Asaresult,LGOalumnirisequicklyaftergraduationtomajorpositionsatcompanieslikeAmazon,Apple,Boeing,andGeneralMotors.”Don Rosenfield, Senior Lecturer/Director, LGO Program

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MITSloan/HarvardKennedySchool(HKS)dualdegree

• Dual degree: MBA from MIT Sloan and an MPA/MPP from Harvard’s 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

“Thesignificanceofthisprogramcannotbeunderstated,andall48ofusinLGOfeelit.Wearefrommanydifferentpointsonthecompass,butweareallfocusedonthesameissues.Peopleallovertheworldareworriedaboutlosingmanufacturingjobsintheircommunities.That’swhatwe’reherefor—toimproveprocessesandstrengthentheindustry.LGOofferssomanychancesforgrowthasaleaderandforimmersioninrealindustrysettings,includingthesix-monthinternshipwhereyoutakerootinacompanyandgettounderstandthewayitworks.AndthestrongcollaborationsbetweenpartnercompaniesandLGOopendoorssothatweareabletotoursignificantmanufacturingplantsaroundtheworld.Iamchieflyinterestedinaninternationalperspective,soIorganizedtheLGOInternationalPlantTrektoBrazilandArgentina,where,thankstoLGOalumniandpartnercompanies,wewereabletovisitEmbraer,Dell,Flextronics,Caterpillar,GM,andVolkswagen.”Limor Zehavi, LGO ’12ReadmoreonLimor’sblog“ChroniclesofanLGOGirl”:limorzehavi.blogspot.com.

“WhenIlearnedthatIcouldaddaMasterofPublicAdministrationfromHKStomyMITSloanMBAwithoneextrayearofstudy,Idecidedtogoforit.Havingtheseworld-renownedschoolsjusttwosubwaystopsapartisamazing.It’sbeenverypowerfultocombinequantitativeandanalyticalbusinessskillswithanunderstandingofhowgovernmentswork.Theenvironmentisincrediblystimulating,withresourcesfromtwoinfluentialnetworks.”Jen Tutak, MBA/MPA ’12

EuropeandimensionMIT Sloan MBA students may opt to spend one semester abroad at any of three European schools: London Business School, IESE in Barcelona, and HEC in Paris. Each of these dynamic exchange programs is designed for students who seek an intensive international experience or who wish to pursue a future career in Europe.

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Loans & scholarships: financing your MBA

AssemblingapackageMIT Sloan accepts into the program the most promising MBA candidates regardless of financial circumstances. After acceptance, staff from MIT Student Financial Services will establish your eligibility for loans and scholarships and determine your financial aid package.

LoansAfter their acceptance into the program, most MIT Sloan MBA students take out private education loans to help pay for their schooling. Loans are available to U.S. and international students.

Find a complete list of loan options at mitsloan.mit.edu/mba/admissions/loans.php.

MITfellowshipsandscholarships MIT Sloan awards several competitive, merit-based fellowships and

scholarships to incoming students, including:

•Dean’sFellowships – awarded to individuals who enhance the diversity of the MBA class.

•TheClassof2004DiversityScholarship – created to attract students with unique work experiences, educational endeavors, or national backgrounds that are less represented at MIT Sloan.

•TheFortéFellowship – awarded to outstanding female candidates who demonstrate leadership in their community, institution, or place of work.

•TheTrustScholarship – awarded to a first-year student who graduated from Cooper Union and demonstrates financial need.

•ThomasandLorraineWilliamsFellowship – awarded to an incoming student who graduated from Georgia Institute of Technology and who demonstrates financial need.

•ThePeterEnglanderFund – MIT Sloan alumnus Peter Englander, SM ’77, provides a fellowship to an incoming MBA student from the United Kingdom.

•TheMcKinseyAward – awarded to four first-year MBA students who have demonstrated academic excellence, drive, and personal impact, and professional, campus, or community leadership.

•LeadersforGlobalOperationsFellowship – all entering LGO students receive a fellowship that covers approximately 65% of the total cost of attendance.

•MITSloanSocialImpactFellowships – provide funding to a limited number of MBA students during their summer internship period.

•TheLegatumFellowships – The Legatum Center offers financial assistance to select entrepreneurial graduate students at MIT through a competitive application process.

•MIT’sPublicServiceCenterFellowships – awarded through an application process to students working for community organizations or developing nonprofits or social enterprises.

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AdditionalsourcesEduardaJustoFoundation(ConsentinoGroup)Scholarships for outstanding MBA students from Spain (preference is given to students from Almería).

FulbrightNewZealandGraduateAwardsThe Fulbright-Platinum Triangle Scholarship in Entrepreneurship is for a talented New Zealander in a knowledge economy-related field.

FundaçaoEstudarScholarships for qualified Brazilians attending a graduate program.

InstitutoLingAnnual fellowships for Brazilians with exceptional entrepreneurial spirit and leadership skills.

MohammedBinRashidAlMaktoumFellowshipsAwarded to nationals of the 22 member countries of the League of Arab States who demonstrate leadership and dedication to the human and socioeconomic progress of the Arab world. NationalSocietyofHispanicMBAs(NSHMBA)ScholarshipProgramScholarships for outstanding Hispanic Americans pursuing an MBA.

TheRobertToigoFoundationFellowshipsFellowships for members of U.S. minority groups who are committed to a career in finance.

TheSainsburyManagementFellowships(SMF)Scholarships bestowed by the Royal Academy of Engineering to talented young engineers with leadership potential who are studying for an MBA.

TALENTIAFellowshipProgramPostgraduate scholarships for students from Andalusia with outstanding intellectual credentials, an international profile, and a commitment to the development of Andalusia.

TotalCorporationFellowshipFellowships for students from Angola, Nigeria, and South Africa (eligibility is not restricted to students from these countries, but preference will be given to them).

FindoutmoreabouttheMITSloanfinancialaidprocess,abouttheresourceslistedhere,andaboutadditionalfundingopportunities:mitsloan.mit.edu/mba/admissions/finance.php

YellowRibbonGIEducationEnhancementProgramMIT Sloan offers scholarships for veterans of the U.S. military through the Yellow Ribbon Program sponsored by the U.S. Dept. of Veterans Affairs.

Meritawards MIT Sloan recognizes the outstanding

contributions and leadership of second-year students with a number of MBA Achievement Awards, including:

• Seley Scholarship

• Henry B. DuPont III Scholarship

• Henry Ford II Scholarship

• Miriam Sherburne Scholarship

• Martin Trust Community Fellowships

• The Petersen Award

• The Siebel Foundation Scholarship

• The McGowan Fellowship

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ApplynowThrough 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 résumé, a cover letter, academic transcripts, GMAT or GRE test results, and your answers to these three essay questions:

Essay 1: Please describe a time when you went beyond what was defined, expected, established, or popular.

Essay 2: Please describe a time when you convinced an individual or group to accept one of your ideas.

Essay 3: Please describe a time when you had to make a decision without having all the information you needed.

ApplicationdeadlinesMIT Sloan MBA Program:

Round I October 25, 2011

Round II January 10, 2012

MIT Sloan Leaders for Global Operations Joint Degree Program:

December 15, 2011

MIT Sloan/Harvard Kennedy School Dual Degree Program:

January 10, 2012

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

TuitionandcostsTuition and fees $52,900

Books and supplies $1,926

Computer $2,000

Food $4,500

Personal (including medical insurance) $4,950

Housing $13,860

Transportation $2,496

TOTAL $82,632

Tuition and costs quoted above are for 2011–12. Costs for the 2012–13 academic year will be posted online as they become available at mitsloan.mit.edu/mba/admissions/finance.php.

SeeyourselfatMITSloanThe 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

Apply now

The mission of the MIT Sloan School of Management is to develop principled, innovative leaders who improve the world and to generate ideas that advance management practice.

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Nondiscrimination PolicyThe 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 U.S. citizens or residents in admissions and financial aid.*

The Vice President for Human Resources is designated as the Institute’s Equal Opportunity Officer and Title IX Coordinator. Inquiries concerning the Institute’s 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 Coordinator of Staff Diversity Initiatives/Affirmative Action, Room E19-215, 617-253-1594. In the absence of the Vice President for Human Resources or the Coordinator of Staff Diversity Initiatives/Affirmative Action, 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, U.S. Department of Education.

The ROTC programs at MIT are operated under Department of Defense (DOD) policies and regulations, and do not comply fully with MIT’s policy of nondiscrimination with regard to sexual orientation. MIT continues to advocate for a change in DOD policies and regulations concerning sexual orientation, and will replace scholarships of students who lose ROTC financial aid because of these DOD policies and regulations.

True impressionsTrust-based marketing was invented here at MIT Sloan by professor and former dean Glen Urban. The idea is to give people the facts and offer them an authentic experience so that they can decide for themselves. We encourage all students considering MIT Sloan to visit campus to see if they feel “the fit.” Almost anyone you talk to who made the trip when they were comparing MBA programs says it was a turning point in their decision-making process.

Here are a few options for getting to know MIT Sloan better:

Visit

Participate in the MIT Sloan Ambassadors ProgramAttend a class or two, chat over lunch with MIT Sloan students, and get a true experience of the community.

Register for a Campus Information SessionMeet Admissions representatives to explore the program, the community, and the MIT Sloan MBA application process.

Attend a global recruiting eventLearn about the MIT Sloan MBA 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 ownStop by the MBA Admissions Office, 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 chatChat 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 at mitsloan.mit.edu/mba/admissions/visit.php.

writers: Kathleen Thurston-Lighty and Robert Thurston-Lighty editors: Shauna LaFauci Barry, Bara Blender, Dierdre Kane, Alexis Przybylski, Pamela Spencer, Julie Strong, and Linda Walshphotography: Stuart Darsch, Joyce Fong, Sarah Foote, Jeremy Gilbert, Grazier Photography, Christopher Harting, L. Barry Hetherington, Justin Knight, Jossy Lee, Barry Reckley, Andrew Thomas Ryan, and many photographs taken by MIT Sloan students design: Robert Beerman, OnwardUpward printing: DS Graphics, Inc. PSB 10-12-0576

*

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mitsloan.mit.edu/mba

MIT Sloan School of ManagementMBA Admissions Office50 Memorial Drive, E52-450 Cambridge, MA [email protected]

Students on the MIT Sloan Business of Water study tour

that crisscrossed Asia seize the moment in Singapore.