Sloan 2012 (MIT) MBA Discussion https://www.execedprograms.com/wp-content/uploads/2009/03/mit_dome_night1.jpg Sloan Business School Guide MIT Sloan - Class of 2014 Applicants MBA Program Deadlines For August 2012 entry Application Received By 12 noon Pacific Standard Time MBA Round I* Tuesday, Oct 25, 2011 MBA Round II Tuesday, Jan 10, 2012 Decisions Released By Feb 6, 2012 (Round 1) and Apr 2, 2012 (Round 2) * Reapplicants must submit their application by the Round I deadline. LGO reapplicants must submit their reapplication by the LGO deadline. **Decisions will be released early for some candidates who will be denied admission without an interview. Add Your Name to the List MIT Sloan Applicant Summary (Real Time) Quick Glance: GMAT Club vs. Latest Intake (Class of 2013) Latest GMAT Club Member Profile Updates Detailed Applicant List: Add Yourself to This List (add MIT Sloan to your profile) GMAT Club's Real-time Admissions Statistics Add Your Profile to This List Questions about this Roll Call ? Application Requirements Cover Letter Prepare a cover letter (up to 500 words) seeking a place in the MIT Sloan MBA Program. Describe your accomplishments and include an example of how you had an impact on a group or organization. Your letter should conform to standard business correspondence and be addressed to Mr. Rod Garcia, Director of MBA Admissions. This Year's Essays We are interested in learning more about you and how you work, think, and act. For each essay, please provide a brief overview of the situation followed by a detailed description of your response. Please limit the experiences you discuss to those which have occurred in the past three years. In each of the essays please describe in detail what you thought, felt, said, and did. • Essay 1: Please describe a time when you went beyond what was defined, expected, established, or popular. (500 words or fewer, limited to one page) • Essay 2: Please describe a time when you convinced an individual or group to accept one of your ideas. (500 words or fewer, limited to one page) • Essay 3: Please describe a time when you had to make a decision without having all the information you needed. (500 words or fewer, limited to one page) Supplemental Information (Optional) You may use this section to address whatever else you want the Admissions Committee to know. (250 words or fewer, limited to one page) Class Profile Profile of MIT Sloan Class of 2012 Age (in years) Range of age 22-37 Mean age 27.65 Work experience (in years) Range of experience 0-12 Mean years of experience 4.92 GMAT scores Range of GMAT (middle 80%) 680-760 Mean GMAT 717 Gender Female 34% Male 66% Citizenship U.S. citizens 50% U.S. permanent residents 8% Internationals 42% Citizenship Africa 2% Asia 27% Europe 11% North America 51% Oceania < 1% South America 8% *As of June 1, 2010

Go to 'My Profile' in the upper right and go through and fill out the screens. GMATClub recently re-did the profile interface, so if you entered your schools before this change, they won't be hyperlinked.

Where are the essays in the application? There doesn't seem to be a place in the application to attach/copy&paste your essays. Odd....

Guys, from what you read/learned, how big/likely are Sloan's scholarships? As per my info, that is one toughest schools in that respect.

I talked to a current student, and apparently there are no scholarships whatsoever, even for the most brilliant. MIT offers a part-time job as an Assistant Teacher, which pays around 18000$/year, that's all. Also, MIT has a guaranteed loan for eveyone who is admitted.

Thanks, that is virtually the same that I heard and that unfortunately puts MIT to the back of my wishlist (:

I have updated the thread with real time statistics. 60! applicants already! Whoa!

Scholarships are exceptionally few and far between. As has been mentioned in the thread already, Sloan offers generously-compensated TA positions which can get you between 30% - 70% of the relevant semester's tuition paid, however most (not all) of these positions are only available in the second year. I've heard stories of guys getting up to 95% paid but this is really exceptional (and you'd have no life). My own personal view on this is that this system is arguably "fairer" than a pure scholarship system, as those who have genuine need for the funds will make the effort to earn a TA position, whereas those who don't really need the money won't bother. In addition, Sloan does offer guaranteed loans covering both tuition and living costs to both domestic and international students (even without cosigner) via the MIT Federal Credit Union. Loan rates are very competitive (US Prime +2.00% to US Prime +2.75%), and there are lots of good features, such as no draw fees, and the ability to make unlimited additional repayments (e.g. if you get a signing bonus post-MBA) without additional charges. Finally, when considering MBA financing, also consider money that you might earn from internships (though obviously this appplies to every B School).

In for round 1, brainstorming essays (this would be my 3rd app to complete) Going to admissions event tonight and school visit on Tuesday. Will report back impressions after.