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2012 – 13

MBA

“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 Profile*

Age range 23–44

Work range 1–15

Mean years’ work experience 5

GMAT range (middle 80%) 670–760

Mean GMAT 710

Females 33%

Males 67%

U.S. citizens 56%

U.S. permanent residents 4%

International 40%

Africa < 1%

Asia 17%

Europe 6%

Middle East 5%

North America 58%

Oceania < 1%

South America 12%

Undergraduate Degrees

Business and Commerce 16%

Computer Science 4%

Engineering 35%

Humanities, Arts, and Social Sciences 35%

Science and Math 10%

*As of June 1, 2012 n=431

2 Culture 4 The One-Semester Core 6 The Classroom 8 Career Opportunities 10 Alumni Network 12 The MIT in MIT Sloan 14 Action Learning 16 Principled Leadership 18 Enterprise Management 19 Entrepreneurship & Innovation20 Finance 21 Sustainability 22 Combined Degrees & Exchange Programs24 Engagement 26 Visit 27 Tuition & Expenses28 Apply

2 3 Culture

Culture:join an extraordinary community

“I felt an immediate cultural fit here. Choosing a school is choosing a ‘team’ to affiliate with for life, and I wanted a team that was supportive rather than internally competitive.”Ari Oxman, MBA ’13

No place like itVisitors 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 they’re 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 you’ll find 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.

Off hours are very much onYou will find that the MIT Sloan community plays like it works—with ingenuity, a voracious appetite for connecting with people, and a knack for finding novel ways to have fun. Open to the entire graduate community—students, faculty, staff, significant others, and families—C-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

Happy Belly Club

Moms and Dads Club

Joie de Vivre Club

European Club

Basketball Club

Around townMIT 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.

“The student body has been so welcoming to my wife Kaoru and son Taiga. We have a daughter on the way, and my MIT Sloan friends have a plan in place to care for Taiga when Kaoru has the baby. The community sent a message from the start that they care about families. It’s been a wonderful thing for us.”Nobu Kobayashi, MBA ’13

“Sure, the classes are analytically rigorous and intellectually stimulating, but there is so much that goes on outside of class. From extracurricular activities to recruiting events to social outings, my calendar is always booked to capacity.”Isa Watson, MBA ’13

“Students are amazingly collaborative here. It’s a very warm community. We look out for each other, and I know I’ll have this support system for the rest of my personal and professional life.” Jen Tutak, MBA/MPA ’12

“The best thing about MIT Sloan is the outgoing student body. It’s amazing. Everybody is so friendly, you just immediately feel comfortable being here.”Ron Lerner, MBA ’13

Find other student voices on the MIT Sloan student blog: mitsloanblog.typepad.com/mba_2013

“Being surrounded by so many impressive, yet down-to-earth individuals results in an incredible learning environment. I’m continually impressed with the caliber of people I meet on a daily basis.”Adam Peck, MBA ’12

The one-semester Core: build a strategic foundation

“When December rolls around, you realize you have the foundation—and the confidence—to pursue your agenda.”Jon Gleicher, MBA ’12

The foundation: your cohort and Core team The one-semester tools-based Core is key to the dynamism and flexibility of the MIT Sloan MBA Program. “Core” refers to the essential knowledge that you build during this very intensive first 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 4 5

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 flown 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. It’s very nice to know you can count on your teammates.” Kuohsin Chen, Caribbean Pelican, MBA ’12Read more about the Caribbean Pelicans’ camaraderie: mitsloan.mit.edu/newsatmitsloan/2012/04/06/birds-of-a-feather-flock-together

How it worksThe fall term of the first year—the Core semester—features 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

• 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 refine your career management skills before the recruiting period begins.

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

Unprecedented flexibilityIf 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 flexibility to move across a virtually boundless landscape of opportunity. And flexibility 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 fields.

The Classroom 6 7

I Arnie on FBArnie 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).”

“It’s 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 purpose—to 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 difficulties and challenges provide an ample ‘to do’ list.”Arnold Barnett, George Eastman Professor of Management Science

Visionaries of the business worldAs an MIT Sloan MBA student, you work closely with faculty pioneers who are advancing their fields and transforming best practices. Members of the MIT Sloan faculty work collaboratively and across disciplines—famously so. News outlets and industry leaders seek out their views on late-breaking business and financial issues. Professors like Simon Johnson and Andrew Lo, one of Time magazine’s “100 Most Influential 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 it’s a multidirectional flow of learning—the students learn from the faculty, from one another, and the faculty learn from the students.”Renee Richardson Gosline, Assistant Professor of Marketing

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 another’s success.” Michelle Charnas, MBA ’12

By the numbersMIT Sloan MBA students graduated into jobs in these areas:

Top Industries 2011 2010 2009 2008

Consulting 33.7% 28.2% 33.2% 30.4%

Investment Banking 8.4 11.4 11.3 14.6

High Technology* 19.8 20.0 20.2 18.5

Pharmaceutical/Healthcare/ Biotechnology 8.1 7.1 4.0 3.9

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

Read the complete 2011–2012 employment report: mitsloan.mit.edu/pdf/fullreport11_12.pdf

“The Career Development Office (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 Sloan’s faculty to help students understand and articulate the benefits they will bring to an organization and to the wider world.”Jackie Wilbur, Executive Director, Undergraduate and Master’s Programs

Career Opportunities 8 9

A strategic portfolio of career resourcesDeveloped by MIT Sloan career experts and faculty, the Career Development Office’s suite of time-tested programs is designed to provide you with essential resources, experiences, and access to the right people, networks, and organizations. You’ll find that the intimate class size is an advantage when you apply for competitive opportunities.

Career CoreCareer Core launches you on a focused career path from the very first semester, giving you the opportunity to identify your abilities and differentiators, map your curriculum to your goals, and refine 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 FairLeading recruiters from across the business spectrum converge on campus to get to know you, your background and experience, and your professional goals.

InternshipsSignificant 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 programA-list companies in many industries visit campus to recruit MIT Sloan MBA students to positions

in consulting, financial services, commercial technologies, biotech, and other fields. About 60% of students obtain their job offers through on-campus recruiting.

TreksDuring these career-focused fact-finding missions, you 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 other marketplace hotspots around the world.

Clubs and conferencesMIT Sloan’s 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.

“I entered MIT Sloan as a healthcare consultant with hopes of switching my career to investment banking. During first-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 Sloan’s

‘pay it forward’ culture and collaborative spin on traditionally competitive industries is a huge differentiator that bolsters our collective success.” Sonia Gupta, MBA ’12,

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 years—a great way to give back and stay connected.” Rebecca Schechter, MBA ’96Senior Vice President, Institutional Investor Services, State Street Bank

By the numbers

• MIT Sloan alumni network: 22,000 in 90 countries

• MIT alumni network: 120,000

• MIT Alumni Association clubs worldwide: 84

Alumni Network 10 11

“I’m finding that it’s 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. I’m also an active investor and advisor to startups inside and outside MIT.

It’s amazing to see the number and diversity of startups emerging from this community. And it’s exciting to have as part of that community, an active, extensive alumni network with friends at technology leaders like Apple, Google, Facebook, and HubSpot. It’s really possible to make things happen here.”Marcus Wilson, MBA ’04, MIT Entrepreneur in Residence, CMO, IdeaPaint

A network that includes leaders across the global marketplaceJoaquin E. Bacardi III, MBA ’98President and CEO, Bacardi Corporation

Robin Chase, SM ’86Founder & CEO, Buzzcar.comCofounder, Zipcar, GoLoco

Brad Feld, SB ’87, SM ’88Managing Director, Foundry Group

Homayoun Hatami, MBA ’00Principal, McKinsey & Company

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

Emmanuel P. Maceda, SM ’89Chairman, Asia Pacific RegionBain & Company

Brendan Miller, MBA ’04Executive Director, New Mexico Independent Power Producers

Saadiq Rodgers-King, MBA ’08COO, Nodejitsu Inc.

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

“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

Cross-campus explorationOne of the key differentiators of the MIT Sloan MBA Program is unprecedented flexibility, including the flexibility 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 students—reach 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 profit. The sole common denominator is the joy of learning something just for the thrill of it.

Explore IAP: web.mit.edu/iap

Mens et ManusMIT’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 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 MIT’s campus every day. We are strongly encouraged to go beyond the business school and explore everything the Institute has to offer. It’s 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

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

12 13 The MIT in MIT Sloan

“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 happen—no 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 year’s conference.

Who would have thought that MIT would lead in an area of competitive sports? But that’s the kind of place this is. There’s 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 world’s most innovative sports companies: “A can’t-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

Action Learning 14 15

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 fieldMIT Sloan has developed the industry paradigm for action learning and continues to push its parameters. Emerging from MIT’s deeply held credo mens et manus (mind and hand), the Action Learning Program integrates theory, practice, and reflection 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 Labs—travel the world

to help solve company challenges and humanitarian crises

• Practicums—work with leading industry practitioners on important business problems

• International Study Tours—embark on working tours of major global business centers

• i-Teams—evaluate 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 Profits (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 benefit from field-tested approaches borrowed from business management and systems science. We’ve 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

Principled leadership: make an impact on the world

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

MIT Sloan Investment Management ConferenceMembers 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 CongressmanBarney Frank, ranking member of the House Financial Services Committee, and other notable financial leaders.

Learn more: mitsloaninvestment.com/index.html

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.

VISIONING

RELATINGSENSEMAKING

INVENTING

LEADERSHIP

Principled Leadership 16 17

“When I started at MIT Sloan, I looked specifically 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 I’d grown as a leader.

Now I head the Dean’s Student Advisory Committee’s Leadership Development Subcommittee. We’ve created a new program called P2P—Peer-to-Peer Coaching. P2P pairs students with strong leadership backgrounds with first-year students. It’s essential to practice leadership, no matter how natural a leader you are, and all of us—coaches, first-years, organizers—propelled our leadership skills forward during P2P.”Kaitlyn Caughlin, MBA ’12

In-depth discussions with global leadersDuring your time at MIT Sloan, you often will have the chance to engage in frank discussions with leaders who are shaping the marketplace. The Dean’s Innovative Leader Series, for example, brings to campus corporate icons like Ursula Burns, Chairman and CEO of Xerox Corporation; political movers and shakers like José 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.

Sloan Innovation Period (SIP)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 Storytelling—From Story to Glory

• Tough Calls and Curve Balls

• Improvisation, Adaptability, and Influence: An Experiential Leadership Lab

• Business Leaders and Global Health: Innovative Approaches to Improved Access to Life-Sustaining Treatment for the World’s Poor

Multifaceted lessons in leadershipIn the MIT Sloan MBA Program, you grow and shape your acumen as a leader on a daily basis. A good leader must be confident 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 nonprofit leaders, and skill-building workshops for self-assessment and reflection. Student clubs give you the opportunity to assume significant leadership roles within your field organizing influential 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.

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Enterprise Management: lead organizations into the future

“MIT Sloan’s 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

Enterprise Management TrackIn 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 project’s 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-profit sectors. When you complete this track, you earn an Enterprise Management Certificate in addition to the MBA degree.

Evolution of MarketLabMIT Sloan students originally developed MarketLab as a Marketing Club activity. Over the years, members worked in concert with faculty and industry partners like Apple, Estée 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 efforts—in this case, the pooled efforts of a student club, dedicated faculty members, and some of the world’s most influential companies.

18 Enterprise Management

“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 overflow, 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 needs—and to instantly apply knowledge learned in a classroom to a business environment.”Hanna Adeyema, MBA ’13

Entrepreneurship & Innovation 19

Entrepreneurship& Innovation TrackIn the E&I Track, you 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 existing ventures and gives you a chance to plug into MIT’s 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 Certificate in addition to the MBA degree.

Nexus of the entrepreneurial universeMIT has one of the world’s 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 influential 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 what’s inside. Now I’m 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. We’re driven by the lives we can change—and save— with our innovations.”David Stroh Young, MBA ’13

Finance 20

Finance: shape an industry

“It’s important to customize education to a student’s background, experience, and goals, and to give them the flexibility 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 magazine’s “100 Most Influential People in the World”

Inventing—and reinventing—financeMany 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.

• 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 country’s 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 world’s leading text on the theory and practice of corporate finance.

Finance TrackPlanning on a career in the finance industry? The MIT Sloan 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.

The Finance Track also features the popular proseminar in which you and members of your team tackle research problems posed by leading financial 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 Certificate in Finance in addition to an MBA degree.

“At MIT Sloan, I’m learning from the rock stars of finance—some 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 finance and also take classes at the MIT Center for Real Estate. With the Finance Track on my résumé, I immediately broadcast my focus and capabilities to prospective employers.” Saeed Coates, MBA ’12

Sustainability 21

Sustainability: develop responsible systems

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

MIT Sloan Sustainability CertificateIf you choose to pursue the MIT Sloan Sustainability Certificate, 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 companiesIn 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

“I was working as a communications manager in an architecture firm 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 flexibility of the curriculum, and the strong connection to the rest of MIT’s 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 super-relevant to sustainability, plus leaders in related disciplines like materials science, industrial ecology, and architecture and urban planning.”Alice Hartley, MBA ’12

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

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

Combined Degrees & Exchange Programs 22 23

“I first 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, MIT’s 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-sufficient energy supply. MIT’s 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

MIT Sloan/Harvard Kennedy School (HKS) dual degree • 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

“Only MIT could offer LGO, which combines the significant resources of MIT Sloan and the MIT School of Engineering. It’s because of the collaborative culture of MIT that it’s possible for two of the most influential 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 Rosenfield, 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 difficult 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

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.

Engagement: share ideas across borders

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

Beyond boundariesAs 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 influential 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 firsthand experiences.

24 25 Engagement

“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 they’ve learned and do just that.”Zeynep Ton, Visiting Assistant Professor of Operations Management

The MIT Sloan Social Impact FellowshipDante 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.

“This is why I went to business school. I’m pumped. With only a week to go before we travel to Turkey, I am filled with excitement and anticipation. I think back to the difficulty 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 firsthand look at the water situation. By the way, we get school credit for this. Yeah, sorry, boss. I’m 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.

“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 clothing—neckties 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 law—it’s all here. And my company Lallitara is officially off the ground.” Bijal Shah, MBA ’13

Explore the Lallitara website at lallitara.com.

See for yourself: visit the program

True impressionsTrust-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 fits their needs. If you are considering MIT Sloan, we encourage you to visit campus to see if you 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:

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 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: mitsloan.mit.edu/mba/admissions/admission-events

“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

26 Visit

Tuition & expenses: finance your MBATuition and expensesTuition and fees $58,200

Books and supplies $1,926

Computer $2,000

Food $4,500

Personal (including medical insurance) $4,950

Housing $13,860

Transportation $2,496

TOTAL $87,932

Tuition and expenses quoted above are for 2012–13. Costs for the 2013–14 academic year will be posted online as they become available.

Financial optionsMIT Sloan accepts into the program the most promising MBA candidates—regardless of financial circumstances. MIT Student Financial Services then establishes students’ eligibility for loans and scholarships and determines their financial 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/financial-aid1

Tuition & Expenses 27

Apply nowThrough 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, 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.

Application deadlinesMIT Sloan MBA Program:

Round I October 24, 2012

Round II 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

Apply:launch your future

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

See yourself at MIT SloanThe 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

Make an impactThe 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. Achieving this mission requires the collaboration of inspired—and inspiring—pioneers across disciplines and industries. Join us, and make your own impact on the world.

28 Apply

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OneSloanMIT Sloan’s 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 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 US 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 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 ManagementMBA Admissions Office50 Memorial Drive, E52-450 Cambridge, MA 02142-1347617-258-5434mbaadmissions@sloan.mit.edu

mitsloan.mit.edu/mba

MITSloanAdmissions MIT Sloan MBA Admissions