Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts, United States. Established to keep pace with the advancing industrialization in the US in 1861, the institute ranks among the top five universities in the world.
The institute has made its mark in the fields of biology, economics, management and linguistics besides its primary domain of research and education in physical sciences and engineering. The most popular majors at MIT are –
- Computer and Information Sciences
- Mathematics and Statistics
- Biological and Biomedical Sciences
- Physical Sciences
Why choose Massachusetts Institute of Technology?
- Ranked among top 10 universities in the world every year.
- Alumni consists of 58 National Medal of Science winners, 89 Nobel Laureates, and 29 National Medal of Technology and Innovation winners, 25 Turing Award winners, and 8 Field Medalists.
- 52 National Medal of Science recipients, 65 Marshall Scholars, 45 Rhodes Scholars, 38 MacArthur Fellows, 34 astronauts and 16 Chief Scientists of the U.S. Air Force.
- Inventors of radar, single electron transmitter, penicillin, sonar are from MIT.
- Financial endowment funds for research and innovation purposes stood at $16.4 billion for 2018.
- Average annual revenue raised by MIT alumni is $1.4 trillion
Massachusetts Institute of Technology Schools and Programs
The institute offers 33 undergraduate courses and 47 graduate programs categorized under five schools –
- School of Architecture and Planning
- School of Engineering
- School of Humanities, Arts, and Social Sciences
- MIT Sloan School of Management
- School of Science.
Campus Housing Facilities at Massachusetts Institute of Technology
MIT has a one 166 acres campus at Cambridge, Massachusetts that accommodates 11,466 students and 12,607 employees every day.
The institute offers on campus housing facilities and assistance in finding off campus housing to its students.
Presently, 10 undergraduate houses accommodate 3,370 UG students and 6 graduate houses accommodate over 400 graduate students on the campus.
Massachusetts Institute of Technology Admission Process
Pre-requisites for admission into MIT
- Test score: SAT/ACT for UG students; GRE/GMAT for Graduate students
- English language proficiency test score: TOEFL; IELTS(applicable only for graduate students)
- CV or Resume
- Letters of recommendation
- A statement of objective
- Apply directly through the online application portal on the official website
- Each department has its own website and its own set of requirements
- Application deadline varies for each program
- Application fee for undergraduate/graduate students: $75
- Application fee for Sloan School of Management: $250
Costs and Expenses of studying at MIT
The estimated average annual expense for a year at MIT –
|Student life fee||$312|
|Books & Supplies||$800|
Scholarships and Financial Aids offered by MIT
91% of students at MIT receive some form of financial aid from the institute. The amount or grant provided can range from $3000 to a full scholarship.
- 72% of undergraduate students are debt-free after completing their education at MIT
- Average need-based scholarship granted is $45,524
- Students coming from families with annual income below $90,000 do not have to pay tuition fee
- Graduate students receive fellowships and stipends during the program duration. The amount of stipend can be up to $4000 per month.
How and When to Apply?
Financial aid is processed by the office of Student Financial Service. One must apply by –
- November 30 to receive financial aid by mid-January
- February 15 to receive financial aid by mid-March
Massachusetts Institute of Technology Alumni
MIT has an alumni network of 137,000+ across the globe. These alumni enjoy lifetime benefits offered by the institute like –
- Campus Resources – MIT coop, fitness center, health resources, MIT museum
- Scholarly Journal Access
- Career Assistance Programs
- Harvard Club of Boston Membership
- Discount on Bose products
List of Notable Alumni –
- Buzz Aldrin: Apollo 11 Astronaut; second person to land on moon
- Kofi Annan: Former UN-Secretary General
- Virgilio Barco: President of Columbia
- Richard Feynman: Physicist, Nobel Laureate 1965 for development of quantum electrodynamics
- Alfred P.Sloan: former CEO of General Motor