77 Massachusetts Avenue, Cambridge, MA 02139, United States
Career CounsellingThe Massachusetts Institute of Technology (MIT) is located in Cambridge, United States. MIT began as a small group of scientists and problem-solvers eager to apply their knowledge to the world when it was established in 1861. With over 11,000 undergraduate and graduate students and about 1,000 faculty members, MIT has developed into a major academic institution today.
MIT is currently a privately funded, independent institution with five schools: engineering, management, humanities, arts, social sciences, and science. Architectu...
Establishment year | 1861 |
Total Students | 11934 |
International Students | 3417 |
QS World University Rankings 2024 | 1 |
Campus Size (Main Campus) | 168 |
Total Number of Campuses | 1 |
University Website | https://www.mit.edu/ |
No. of Schools and Divisions | 6 |
Nobel Prize Winner Alumni | 98 |
No. of Education Programs | 165 |
Student to Faculty ratio (UG) | 3:1 |
The university offers UG, PG, and PhD programs at six schools in different specializations. Some of them are mentioned below.
For admission to the undergraduate programs, the students who are in their 10+2 are advised to apply during their examinations. The university allows only freshmen to apply for first year admission. Those who have already enrolled in any other courses at the graduate level cannot apply.
The university receives a lot of applications, and they are only able to provide admission to less than 5% of the applicants, as the students are advised not to entirely depend on them for their education. The cutoffs are very high, and the students with the best previous academic records and the highest scores in TOEFL, SAT, and ACT are preferred by the university.
The applicants need to follow the given procedure to apply for admission at MIT.
Studying abroad is costly, and that’s because of the quality of education they provide at foreign universities. The students need to be clear about the financial burden if they wish to complete their education at MIT University. Here is the list of annual expenses one student needs to have to study at MIT University for one year.
Expenses | Cost |
Tuition Fee | $57590 |
Student Life Fee | $396 |
Housing | $11980 |
Dining | $6810 |
Books and Supplies | $850 |
Personal Expenses | $2224 |
Total Expenses | $79850 |
The campus of the university is situated in Cambridge, United States, and spreads over an area of 166 acres. The university offers housing and dining, sports facilities, arts and culture facilities, medical facilities, and many more. At MIT, there are nearly 20 retail restaurants, five dining halls, and meal plans that let students take advantage of everything.
The Engineers compete in 33 varsity sports, including more than 1,500 All-America honors in athletics, and 16 men's, 15 women's, and two co-ed teams. They also have 318 academic All-America citations, which is the most in the nation. The creative environment at MIT, which encourages experimentation and innovation across all fields, is naturally conducive to the arts. on a campus with more than 3,500 renowned pieces of modern art and historical structures.
Maintaining good physical, mental, and spiritual health is essential for success at MIT. Everyone occasionally requires a checkup or a check-in. The community is intended to be kept content, healthy, and active by the network of physical and mental support resources provided by the Institute.
MIT is a very reputed university, so it does not have to try harder to get the top recruiters to visit for the campus placement drives. A lot of companies visit the university for placement at each school. MBA is the most popular course for placement, as in the last academic year, 96.6% of students got placed in the top companies at an average salary of $159391. The highest salary received by a student was $270k per year, while the lowest salary received by a student was $62k per year.
The major recruiters of the university are IBM, American Express, Goldman Sachs, Google, High Vista, Dynamic Ideas, Amazon, Lincoln Labs, Facebook, Disney, LinkedIn, End to End, Google DeepMind, Mya Health, P2 Analytics, Westpoint Military Academy, J.P. Morgan, Deutsche Bank, Citigroup, McKinsey & Company, Boston Consulting Group, Booz Allen Hamilton, and many more.
The students from the weaker financial section with an extraordinary academic record are supposed to get the scholarships to fund their education. Here are a few scholarships offered at the university.
This is a scholarship scheme offered by the funding generated by MIT alumni, friends, and general MIT funding. MIT awards scholarships to about 58% of the undergraduate population. For 2021–2022, MIT scholarships on average were $53,997.
Every student who applies for financial aid must complete the College Scholarship Service (CSS) from the College Board. It is used by many private colleges and universities, like MIT, to award financial aid.
Once a student is registered for the semester, the First Year Grant, which is worth $2,000 and is split evenly between the fall and spring semesters, will be credited to their account along with other financial aid.
Here are some of the other scholarship schemes that are offered by the government and private sources mentioned below.