Scholarship· Оюунлаг
Эхлэл /Accounting /Reach / Мөрөөдөл /MIT
Reach / Мөрөөдөл

MIT

📍 Cambridge, MA · USA · North America

QS Overall #1 · QS Accounting/Finance #3

4.5%
Acceptance
100%
Aid coverage
$84k
Annual cost (USD)
11%
International

🎓 Academic Program

Sloan School: no standalone accounting UG. Economics or Management Science track. STEM-heavy.

🎯 Admissions

Acceptance rate
4.5% overall
Int'l acceptance
~3%
ED/EA acceptance
6.5% (EA (non-restrictive))
International %
11% of student body
Campus size
168 acres · Cold winters, mild summers

📊 Exam Requirements

SAT
REQUIRED. Math 780-800
SAT middle 50%
1540-1590
ACT
35-36
IELTS
7.0+ (most non-native English speakers)
TOEFL
100+
Other / notes
Strong STEM background expected. Math/Science Olympiad achievements highly valued.

📅 Deadlines

Early Decision/Action
November 1
Regular Decision
January 1
Financial Aid
CSS Profile by Feb 15
Scholarship deadline
Automatic with admission

💰 Financial Aid & Scholarships

Aid coverage
100% of demonstrated need met
Need-blind?
✓ Тийм — Aid хүсэлт нь admission-д нөлөөлөхгүй
No-loan policy?
✓ Тийм — бүгд grant, зээл байхгүй
Tuition
$60k/жил
Total cost (COA)
$84k/жил
Avg aid package
$65k/жил
Living costs covered?
✓ Тийм — room+board багтсан

📑 Scholarship requirements

  • CSS Profile required
  • No loans in aid packages
  • Median annual price for scholarship recipient: $10,268 (2024-25)
  • For zero-income families: effectively free

🔄 Scholarship maintenance

Annual financial aid renewal. CSS Profile resubmission. Satisfactory academic progress.

⚠️ Conditions & restrictions

  • No loans — all grants
  • Outside scholarships may reduce MIT grants
  • Aid adjusts if family situation changes

📝 Application requirements

  • MIT-specific application (NOT Common App)
  • 5 short essays + activities/academics sections
  • 2 teacher recommendations (1 math/science, 1 humanities)
  • Counselor recommendation
  • Self-reported academic record
  • Optional: maker portfolio, research portfolio

✍️ Supplemental essay prompts (2025-2026)

  1. What field of study appeals to you the most right now? Tell us more about why this field of study at MIT appeals to you. (100 words)
  2. We know you lead a busy life, full of activities, many of which are required of you. Tell us about something you do simply for the pleasure of it. (150 words)
  3. While some reach their goals following well-trodden paths, others blaze their own trails achieving the unexpected. In what ways have you done something different than what was expected in your educational journey? (225 words)
  4. MIT brings people with diverse backgrounds together to collaborate. Describe one way you have collaborated with people who are different from you. (225 words)
  5. How did you manage a situation or challenge that you didn't expect? What did you learn from it? (225 words)
  6. Optional: 300-word additional information box

⭐ "Why Us?" — Essay hooks & school personality

Independent Activities Period (4-week January term). MIT Sloan brand. Hacker culture. Maker spaces and fab labs everywhere. Cross-registration with Harvard. Boston-Cambridge tech ecosystem. 25% of MIT students start companies. UROP (research) program from freshman year.

🏆 Unique advantages

Best engineering school worldwide. Sloan School in same campus = STEM + Finance combo unique. Most STEM-friendly Ivy alternative. Smaller than Harvard/Yale (4,500 undergrads).

💼 Career outlook

Top recruiters: Quantitative trading firms, Google, Apple, Bain, Goldman Sachs. STEM majors → highest finance salaries. Median starting salary $100,000+.

⏰ Work while studying

F-1: 20 hrs/week on-campus. UROP (paid research) ~$15/hr from freshman year. TA positions. MIT Career Advising and Professional Development very strong.

🎯 Backup plans

  • Apply EA early (boost from 4% to 7%)
  • Strong STEM portfolio essential
  • Caltech as alternative if STEM-focused
  • Olin College as smaller STEM alternative

🔗 Official sources

  • mitadmissions.org
  • sfs.mit.edu
  • MIT Common Data Set