Calling all MIT Sloan MBA Applicants: 2024 Intake Class of 2026 : Sloan

Welcome 2023-2024 MIT Sloan Applicants

Welcome, all MIT Sloan class of 2026 hopefuls. Let's use this platform to know each other, exchange ideas, and discuss app strategies? Who all are applying? Let us know by commenting below. Follow the thread and bookmark this post.

Sloan MBA Deadlines 2023-24
Round	Application Due	Decisions Released
Round 1	Sep 27, 2023	Dec 12, 2023
Round 2	Jan 17, 2024	Apr 5, 2024
Round 3	Apr 8, 2024	May 16, 2024

Sloan MBA Essays 2023-24
Video statement	Introduce yourself to your future classmates. Here’s your chance to put a face with a name, let your personality shine through, be conversational, be yourself. We can’t wait to meet you!
Essay 2	Cover letter
Optional short answer question	How has the world you come from shaped who you are today? For example, your family, culture, community, all help to shape aspects of your identity. Please use this opportunity if you would like to share more about your background.

Sloan Application Stats Class of '24
Applicants	5349
Accepted	792
Acceptance Rate	15%
Enrolled	408
Yield Rate	52%

Sloan Class Profile Class of '24
Avg. GPA	3.6
Avg. WE	63
Average GMAT	724
Median GMAT	730
Avg. GMAT Domestic	727
Avg. GMAT International	721
% GRE	32%
Avg GRE Quant	163
Avg. GRE Verbal	162
Avg. Total GRE	325

View the full Sloan Class Profile --> https://mitsloan.mit.edu/mba/admissions/class-2024-profile

Sloan Employment Data Class of '22
Employed at Graduation	84%
Employed 3 Months	94%
Average Salary	$159,391
Average Bonus	$37,319
Salary and Bonus	$185,727

View the full Sloan Employment Report Class of 2022 --> https://mitsloan.mit.edu/career-development-office/employment-reports

Hi Everyone! Thanks for joining. We will be having an MIT SLOAN Chat session with a recent MIT Sloan admits in about 10 minutes (right after the AdCOm Zoom Session Ends). You can learn about what worked to get into the program, about the profile of the admitted applicant, and of course ask your questions
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Hi, I’m a recent MIT Sloan round 2 admit. Feel free to ask me any questions you might have!

Thoughts on re-application and what to improve? I was waitlisted when I applied in R2 last year.

Also, I would be reapplying to Sloan in R1 and love to connect, if that’s okay with you.

Hey everyone, my name is Ankush and I’ll be happy to answer any questions you have.

Sure, take some time to look at your application and think about what are the weaker parts of your application.

Dobby14 wrote:Thoughts on re-application and what to improve? I was waitlisted when I applied in R2 last year.

I suggest you to deep dive into what went wrong in your past application. Generally, when adcoms find similar applications with minor differences, they prefer one over the other. Working on getting that extra score on GMAT or a project that shows highly quantitative impact could be a few areas to look upon.

Thank you so much for doing this Texaslumber! Really appreciate you joining us.
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This could be test scores, resumes, extracurriculars, working on your story, or sharing more about how you improved yourself this past year.

No problem BB, thanks for having me!

Similarly, resume is very important for your app (which many applicants dont focus on). Your application(without resume) should be as impactful as your independent resume.

Definitely agree with Ankush. Have many eyes on your resume so you can get feedback from different people on how to improve things. This could be wording, adding quantifiers, or format

Sloan is very entrepreneurship oriented. How important is that in an application?

I am also curious what Entrepreneurship resources are available at Sloan - if you know those details? I am wondering esp if I have a 200K student loan - how do I become a startup founder with the debt/etc?
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MBA classes want diversity. It just so happens many at Sloan want to pursue entrepreneurship. Just be yourself and it’s okay to say you want to go into consulting or investment banking.

Sloan cares much more about your past achievements as a future predictor of success. Sure, add some details about your future plans, but definitely emphasize your past accomplishments, skills, and experiences more.

At Sloan, there’s the Martin Trust Center with multiple programs to sponsor entrepreneurship. They have fellowships to support you (instead of a traditional internship) during the summers.

As for balancing student loans with being a founder, that’ll be just part of your personal finances you’ll have to budget for. You’ll have a few years of runway. This also depends on your personal situation (family, visas, life goals).

link for the centre: https://entrepreneurship.mit.edu/

Texaslumber wrote:This could be test scores, resumes, extracurriculars, working on your story, or sharing more about how you improved yourself this past year.

Thank you, looks like I do need to get back to test score as test waiver may have added to the waitlist.

Good self-awareness. Every part of the application is to a chance for you to shine and demonstrate to the Adcom why you deserve to be a part of the class.

Hi Everyone, we will be doing another MIT Sloan chat with applicants and admits here in the MIT Sloan Chatroom. Come with your questions or just introduce yourself.
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Can I visit the Campus next month in order to take master classes or go guiding visit?

Hello everyone, Renato from Perú. I wanted to ask if there are any virtual masterclasses and when are those offered?