Massachusetts Institute Of Technology (MS Programs)

The Massachusetts Institute of Technology (MIT) is a private university located in Cambridge, Massachusetts. Set up in 1861, MIT is spread over 166 acres in the city. Massachusetts Avenue divides the campus into west and east zones. While most dormitories are on its west, most of the academic buildings are on the eastern side. 

The university offers both on-campus and off-campus accommodations. It is currently home to more than 11,900 undergraduate and postgraduate students. Close to 30% of its student population is made up of foreign nationals. Most of its foreign students pursue STEM courses at the master’s level.  

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MIT has five schools in the disciplines of Humanities, Arts, and Social Sciences, Architecture and Planning, Engineering, and Science, and Management, and a college, Schwarzman College of Computing.

MIT charges an average of $57,590 for its programs. MIT offers need-based scholarships with the average amount being $40,000. 

Massachusetts Institute of Technology’s graduates are reported to be the second-highest earning professionals in the US with an average starting salary of about $83,600. An MBA from MIT earns on average $218,000 per year.

Highlights Of MIT

• MIT offers research opportunity programs for undergraduates who can pursue them in the summers or in between semesters. More than 93% of its undergraduates took part in these programs. 
• MIT has 20 research centers and more than 30 sports and other recreational facilities on the campus.

Programs Offered At The Massachusetts Institute Of Technology

MIT is renowned for its engineering programs and the ones in physical sciences. It is also famous s for its postgraduate in economics, linguistics, philosophy political science, and urban studies.

Top Courses Of Massachusetts Institute Of Technology

Course Name	Annual Tuition Fees
MS Electrical Engineering and Computer Science	56,585
MBA	79,234
MEng Computer Science and Molecular Biology	56,585
MSc Mechanical Engineering	56,585
BSc Mechanical Engineering	56,585
MEng Civil and Environmental Engineering	56,585
MS Chemical Engineering Practice	56,585

 

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Rankings Of Massachusetts Institute Of Technology

According to QS World University Rankings, MIT was ranked #1 university globally for 10 consecutive years, beginning in 2012. Times Higher Education (THE), 2022 placed it at #5 in World University Rankings.

Accommodation At The Massachusetts Institute Of Technology

• The university provides on-campus accommodation facilities and aids in searching for housing outside the campus for its students.
• It houses about 19 undergraduate and graduates residence halls
• Accommodation is assured to first-year students in its 10 halls.
• More than 70% of its first-year students opt to live on campus to ensure accessibility, safety, and an inspiring learning environment.
• Candidates who prefer an on-campus accommodation can always take avail of assistance from faculty housemasters and resident consultants if required.

Off-campus Accommodation

• The institute appreciates the fact that some of its students favor their private space and are therefore on the lookout for accommodation off-campus, yet is not too far away from the campus.
• Due to this, its students are provided an off-campus housing service that offers all the help they require while searching for accommodation off-campus.
• The available options include condos, studios, and apartment-style residences that cost in the range of $2,660 to $5,600 per unit.

The prices of housing at MIT’s residence halls are as follows:

Residence Hall	Single (USD)	Double (USD)	Triple (USD)	Four (USD)
Baker House	6,371.5	5,566	5,035	4,441
Burton-Conner House	6,371.5	5,566	5,035	N/A
Maseeh Hall	6,371.5	5,566	5,035	4,441
McCormick Hall	6,371.5	5,566	5,035	N/A
Next House	5,950	5,566	4,713	N/A
Simmons Hall	6,371.5	5,566	5,035	N/A

 

Acceptance Rate At Massachusetts Institute Of Technology

The acceptance rate of MIT is 6.58%. 

The Massachusetts Institute of Technology’s admissions procedure comprises an application, application fee, submission of documentation, and, in some cases, a personal interview. An online portal is available for international applicants to apply to the university.

Requirements For PG Programs:

• Educational transcripts (GPA of at least 3.5, equivalent to 89%)
• Proficiency scores in the English language
• CV/Résumé
• Statement of purpose (SOP)
• Two to three letters of recommendation (LORs)
• Other supplements, such as cover letters, portfolios, video statements, etc.
• Financial documents to prove financial stability
• Standardized exams minimum scores: In GMAT, it is 720 and in GRE, it is 324

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Cost Of Attendance At Massachusetts Institute Of Technology

MIT University’s average tuition fee is $57,590 for the UG programs.

Cost Of Attendance For MIT Graduate Programs

The mean cost of attendance at the Massachusetts Institute of Technology for graduate programs is as follows:

Type of Expense	Annual Cost (USD)
Standard Tuition Academic year	52,218
MIT Student Extended Health Insurance	2,905
Student Life fee	346
Housing	19,754
Books and Supplies	1,162
Food	7,799
Transportation	2,818
Personal	7,812

 

Cost Of Attendance For MIT Undergraduate Programs

The average cost of attendance at the Massachusetts Institute of Technology for undergraduate programs is as follows.

Type of Expense	Annual Cost (USD)
Tuition	54,161
Student life fee	371
Housing	11,261
Meals	6,403
Books & supplies	803
Personal expenses	2,089

 

Scholarships Provided By The Massachusetts Institute Of Technology

MIT provides financial assistance depending on financial requirements only. The university does not grant merit-based scholarships depending on any measure – sports, education, fine arts, or anything else. Foreign students are taken into consideration for assistance utilizing the same procedure that is used for native applicants. Two steps are needed to apply for assistance. 

• Step 1: CSS Profile; a College Board tool that the university makes use of to evaluate if an applicant is qualified for an MIT Scholarship that is need-based.
• Step 2: Proof of income needs to be uploaded using the secure IDOC portal of the College Board. Foreign students need to produce the tax return of their original country translated into English if required.

Documents Needed For The Application Of 2022–2023 Are As Follows:

• Parents’ income tax returns 
• Any other evidence of money earned
• Bank statements
• Investment records
• Untaxed income records  

MIT’s graduate students are sponsored by fellowships or get appointed as research or teaching assistants. The stipend may amount to up to $4,000 per month.

Work Study At MIT

The MIT Work Study program allows undergraduate and graduate students an opportunity to earn, gain valuable work experience, and provide their time, skills, and thoughts to solve practical problems. In case you are qualified for Federal Work-Study, this is a brilliant opportunity to better your CV and examine a career route or employment domain while aiding a not-for-profit in handling testing social or ecological issues.

All students are allowed to seek work on campus. The minimum income that students can earn is $14.25 per hour, with most of them making about $1,700 per semester. Student visa regulations permit international students to work only for 20 hours a week. Close to 93% of students partake in paid research for a minimum of one semester; most of them accomplish three or four.

Placements At The Massachusetts Institute Of Technology

Placements at MIT are skilfully conducted to allow students to realize their full potential. In September of every year, the MIT Career Fair, which the undergraduates hold, draws about 450 firms and 5,000 students. Graduates are offered an average salary range from $46,200 to $63,900. The salaries that MIT Sloan graduates earn in different job accounts:

Alumni Of The Massachusetts Institute Of Technology

MIT’s alumni are given access to various special resources and discounts, including career tools, an online alumni directory, campus information, etc. Some of the other benefits that alumni are entitled to are:

• Bose Discount- 15% rebate for MIT alumni when they use their Email ID card
• Career Programs- Networking, expert guidance, job openings, etc.
• MIT Federal Credit Union- Alumni get benefits including reasonable rates for Visa credit cards, loans, and other financial services.
• MITx courses on edX – Alumni are qualified to get a 15% discount on confirmed track registrations in any MITx online courses that edX.org offers. 

 

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