Massachusetts Institute of Technology (MIT): Cost, Admissions 2026 & Job Outcomes

Massachusetts Institute of Technology (MIT): Courses, Fees, Admission, and Scholarship 2027

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Shreyashi Pathak

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Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, founded in 1861 as a polytechnic institute to advance industrial science. It has held #1 in the QS World University Rankings for 15 consecutive years, most recently topping QS 2027 out of over 1,500 institutions worldwide.

The Institute runs undergraduate, master’s and doctoral programmes across five schools, Engineering, Science, Architecture and Planning, Humanities, and the Sloan School of Management, with instruction entirely in English. MIT enrolled 3,400+ international students in 2025-26, and Indian nationals form its second-largest overseas cohort, concentrated in engineering, computer science and Sloan intakes. Fall entry is the primary intake for Indian applicants across both undergraduate and graduate levels, and MIT sits at the top of the peer set for universities in USA.

  • QS World Ranking 2027: #1 globally (15th consecutive year)
  • Acceptance rate: 4.8% (undergraduate, Class of 2029)
  • Intakes: Fall (September) primary; some graduate departments admit for Spring
  • Regular graduate tuition 2026-27 (9 months): USD 66,720 (INR 63.89 lakh)
  • International student body: 3,400+ enrolled in 2025-26
  • Median MS starting salary: USD 135,000 to 165,000 (INR 129.28 to 158.00 lakh)

MIT operates a need-blind admissions policy for all applicants including internationals, and it guarantees to meet 100% of demonstrated financial need for admitted undergraduates. Graduate funding is decentralised across departments as fellowships, teaching or research assistantships. F-1 visa holders on STEM-designated degrees qualify for a 36-month OPT work authorisation extension.


Exchange rate used:
1 USD = INR 95.76 as of August 2026

Admission Status: Open (Fall 2027 intake). MIT undergraduate Early Action applications close 1 November 2026, and Regular Action applications close 4 January 2027 for Fall 2027 entry. Most graduate department deadlines cluster around 1 December 2026, though Sloan MBA operates three rounds with the first typically closing late September 2026 and later rounds published on the Sloan admissions page.

Also Check: MS in USA Universities Guide


Popular Courses and Fees at Massachusetts Institute of Technology 2027

MIT charges a single standard graduate tuition rate for most master’s and PhD programmes, while the MBA universities in USA comparison places Sloan’s professional degrees on separate, higher fee schedules. Standard graduate programmes run on a two-semester academic-year fee, and Sloan flagship degrees quote full-programme totals covering 12 to 24 months.

Top PG Courses at MIT for Indian Students 2027

The top 10 postgraduate programmes below list the officially published 2026-27 rate where MIT posts a per-programme fee, and the standard nine-month graduate tuition otherwise. Sloan degrees, Supply Chain Management and Real Estate carry their own totals.

Program Total Fee (USD) Total Fee (INR lakh) Entry Requirement (Indian Scale)
MS in Electrical Engineering and Computer Science USD 66,720 per academic year INR 63.89 lakh per academic year Bachelor’s with 80% or CGPA 8.0/10 
MS in Mechanical Engineering USD 66,720 per academic year INR 63.89 lakh per academic year Bachelor’s with 80% or CGPA 8.0/10 
MS in Aeronautics and Astronautics USD 66,720 per academic year INR 63.89 lakh per academic year Bachelor’s with 80% or CGPA 8.0/10 
MIT Sloan MBA (24 months) USD 91,892 per year plus program fee INR 88.00 lakh per year Bachelor’s with 75% or CGPA 7.5/10 
Master of Finance (12 months) USD 93,834 total INR 89.86 lakh total Bachelor’s with 75% or CGPA 7.5/10 
Master of Finance (18 months) USD 128,820 total INR 123.34 lakh total Bachelor’s with 75% or CGPA 7.5/10 
Master of Business Analytics USD 93,834 total INR 89.86 lakh total Bachelor’s with 75% or CGPA 7.5/10 
Master of Applied Science in Supply Chain Management USD 89,692 per academic year INR 85.89 lakh per academic year Bachelor’s with 70% or CGPA 7.0/10 
MS in Chemical Engineering USD 66,720 per academic year INR 63.89 lakh per academic year Bachelor’s with 80% or CGPA 8.0/10 
Master in City Planning USD 66,720 per academic year INR 63.89 lakh per academic year Bachelor’s with 75% or CGPA 7.5/10 

Top UG Courses at MIT for Indian Students 2027

MIT charges a uniform undergraduate tuition irrespective of major, and the fee below reflects the 2026-27 published cost of attendance. All undergraduate degrees are four-year Bachelor of Science awards.

Program Total Fee (USD) Total Fee (INR lakh) Entry Requirement (Indian Scale)
BS in Computer Science and Engineering USD 92,760 per year (full cost of attendance) INR 88.83 lakh per year Class 12 with 95% or above
BS in Mathematics USD 92,760 per year INR 88.83 lakh per year Class 12 with 95% or above
BS in Mechanical Engineering USD 92,760 per year INR 88.83 lakh per year Class 12 with 95% or above
BS in Electrical Engineering USD 92,760 per year INR 88.83 lakh per year Class 12 with 95% or above
BS in Physics USD 92,760 per year INR 88.83 lakh per year Class 12 with 95% or above

Insider note: Indian applicants concentrate at the Sloan MBA, Master of Finance, Master of Business Analytics and Electrical Engineering and Computer Science graduate tracks, as these consistently attract the largest India-origin applicant pools.

Read More: Massachusetts Institute of Technology Fees and Programmes Guide


Massachusetts Institute of Technology Admission 2027

MIT admits international undergraduates through a single Fall intake, with Early Action and Regular Action options, while graduate departments run their own cycles that mostly close by 1 December 2026 for Fall 2027 entry.

MIT UG Admission Dates 2027

Undergraduate applications for the Fall 2027 first-year class are processed through MyMIT or the Common Application, with dates below drawn from the official MIT Admissions calendar.

Milestone Date Notes for Indian Applicants
Early Action deadline 1 November 2026 Non-binding; decision released mid-December 2026
Regular Action deadline 4 January 2027 Decision released mid-March 2027
Financial aid application deadline (Regular) 15 February 2027 CSS Profile plus non-US tax forms required for internationals
Enrolment reply deadline 1 May 2027 Admitted students confirm through the Student Reply portal
Programme start Early September 2027 Orientation typically the last week of August

MIT PG Admission Dates 2027

Graduate deadlines vary by department, and the table below captures the pattern across the largest master’s and PhD programmes for Fall 2027 entry.

Milestone Date Notes for Indian Applicants
Sloan MBA Round 1 Expected late September 2026 (based on 2025 cycle) First of three rounds; verify at Sloan MBA admissions page
Engineering and Science graduate deadline 1 December 2026 Applies to EECS, Mechanical, Chemical, Aeronautics and most PhD tracks
Sloan MBA Round 2 Expected early January 2027 Verify final date at Sloan MBA admissions page
Credential submission (WES or department) Start 4 to 6 weeks before deadline WES not universally required; check each department
Programme start Early September 2027 Registration in late August 2027

Planning note: Indian applicants should file the CSS Profile before the December 2026 UG financial aid check-in date if applying Early Action, as MIT verifies international tax documents alongside the admissions decision rather than after acceptance.

Read More: Massachusetts Institute of Technology Admissions Guide for Indian Students


Massachusetts Institute of Technology Admission Requirements for Indian Applicants 2027

MIT admission requirements for Indian applicants centre on academic rigour, standardised test scores and a demonstrated fit with the Institute’s problem-solving culture.

PG Requirements

  • Academic: Four-year bachelor’s degree with 75% or CGPA 7.5/10 (recommended); Sloan flagship programmes typically expect 80% or CGPA 8.0/10
  • English test minimum: IELTS Academic 7.0 (preferred), TOEFL iBT 100 (0-120 legacy scale), or Duolingo English Test 135; only Academic IELTS is accepted
  • Standardised test: GRE required by many science and engineering departments; GMAT or GRE for Sloan MBA and Master of Finance
  • Credential verification: Department-level review of Indian transcripts; some programmes accept WES evaluations, but MIT does not universally mandate it

UG Requirements

  • Academic: Class 12 with 95% or above from CBSE, ICSE or state boards (recommended, reflecting the MIT admitted-student profile)
  • Standardised test: SAT or ACT required for the Class of 2031 cycle
  • English test: IELTS Academic 7.0 or TOEFL iBT 100 (0-120 legacy scale); strongly recommended for Indian applicants whose Class 11-12 medium was not English

Key insight: Indian applicants who completed Classes XI and XII in English-medium schools may skip the IELTS or TOEFL, but MIT admissions officers still encourage submitting a score to strengthen the file, especially for graduate applications.


Massachusetts Institute of Technology Acceptance Rate 2027

MIT reports an undergraduate acceptance rate of 4.8% for the Class of 2029, drawn from the officially published Common Data Set. Graduate acceptance rates vary sharply by department, with the Sloan MBA sitting near 19% (estimated) based on the Class of 2027 profile released this session.

Year Undergraduate Acceptance Rate Trend
2029 cycle (2025 admits) 4.8% Broadly flat
2028 cycle (2024 admits) 4.5% Slight compression
2027 cycle (2023 admits) 4.7% Steady

[Source: MIT Common Data Set, MIT Admissions]

Indian applicants face a lower effective admit rate than the headline figure because MIT admits internationals across a shared, extremely selective pool without country quotas. Graduate admissions vary widely: engineering PhD tracks sit around 8% to 12%, while professional master’s programmes at Sloan run higher.

Reality check: A 4.8% headline masks a much thinner slice for Indian first-year applicants; competitive files at MIT typically pair top JEE Advanced or Class 12 outcomes with sustained research or Olympiad-level results in mathematics or physics.

Read More: Massachusetts Institute of Technology Acceptance Rate Guide


MIT Fees and Cost of Living for Indian Students 2027

Indian students at MIT should budget between USD 98,000 and USD 115,000 per year (INR 93.84 to 110.12 lakh) for tuition plus living expenses at the standard graduate rate, with Sloan and other professional programmes running significantly higher.

MIT Tuition Fees for Indian Students 2027

MIT publishes annual tuition each March, and the 2026-27 rates below reflect the standard undergraduate and graduate schedules alongside Sloan’s fixed professional-programme totals.

Programme Level Annual Tuition (USD) Annual Tuition (INR lakh)
Undergraduate (all majors) USD 66,510 INR 63.69 lakh
Standard graduate (9 months) USD 66,720 INR 63.89 lakh
Sloan MBA USD 91,892 INR 88.00 lakh
Sloan Master of Finance (12 months, total) USD 93,834 INR 89.86 lakh
Supply Chain Management (academic year) USD 89,692 INR 85.89 lakh

[Source: MIT Office of the Registrar, MIT Sloan Admissions]

Monthly Cost of Living in Cambridge for Indian Students

The table below reflects the MIT Office of Graduate Education 12-month living-expense estimate for a single student in shared housing, converted from annual to monthly figures.

Expense Monthly (USD) Monthly (INR)
Accommodation (shared 2BHK) USD 1,644 INR 1,57,429
Food USD 620 INR 59,371
Transportation USD 145 INR 13,885
Books and supplies USD 85 INR 8,140
Personal and health insurance USD 502 INR 48,072
Total monthly USD 2,996 INR 2.87 lakh
Total annual USD 35,952 INR 34.43 lakh

[Source: MIT Office of Graduate Education official cost estimate]

Insider note: Cambridge and adjoining Somerville consistently rank among the priciest US rental markets. Indian graduate students routinely share three-bedroom units near Central Square or Porter Square to keep monthly rent below USD 1,300 per person.

Read More: Cost of Living in USA for Indian Students


Massachusetts Institute of Technology Campus, Facilities and Student Life

MIT occupies a 168-acre urban campus in Cambridge along the Charles River, directly across from downtown Boston and connected to the wider metro through the MBTA Red Line at Kendall station.

  • Location and transport: Kendall/MIT subway stop puts Downtown Boston 10 minutes away and Logan International Airport 25 minutes away
  • Housing: On-campus graduate housing available at Sidney-Pacific, Ashdown, Warehouse and other buildings, with rent from USD 1,150 to USD 2,200 per month; MIT guarantees housing for first-year undergraduates
  • Notable facility: MIT.nano, a 214,000-square-foot cleanroom and characterisation centre supporting nanoscale research across all five schools
  • Indian community: Sangam, the Indian graduate students’ association, runs cultural, professional and networking events year-round for the sizeable South Asian cohort

What Indian students say: Cambridge winters are demanding but the Kendall Square innovation district makes internship and research access unusually easy; food options on and around campus have expanded to include multiple South Asian restaurants within walking distance.


Massachusetts Institute of Technology Scholarships 2027

MIT does not run named merit scholarships for graduate students; instead, most graduate funding flows through department fellowships, teaching assistantships and research assistantships, while undergraduate aid is fully need-based.

Scholarship Type Award Value Eligibility Deadline
MIT Need-Based Undergraduate Aid Need-based (undergraduate) Meets 100% of demonstrated financial need All admitted undergraduates including internationals 15 February 2027 (Regular Action)
Research Assistantship (RA) Departmental (graduate) Full tuition plus stipend Admitted graduate students; managed at department level Awarded at admission
Teaching Assistantship (TA) Departmental (graduate) Full tuition plus stipend Admitted graduate students; typical after year one Awarded at department discretion
MIT Presidential Fellowship Fellowship (graduate) Full tuition plus stipend, one year Nominated by graduate department Departmental nomination
Legatum Fellowship Fellowship (Sloan) Full tuition support Sloan students pursuing entrepreneurship in emerging markets Verify at Legatum Center page

[Source: MIT Office of Graduate Education, MIT Student Financial Services]

Planning note: Most Indian graduate applicants secure funding through their admitting department rather than a central scholarship, so the strongest lever is to match research interests with a specific faculty member before submitting the application.

Read More: Massachusetts Institute of Technology Scholarships Guide


Massachusetts Institute of Technology Rankings 2027

MIT holds #1 in QS World University Rankings 2027 for the 15th consecutive year, and sits inside the global top three across every other major body.

Ranking Body Latest Edition Previous Edition Two Editions Back
QS World 2027: #1 2026: #1 2025: #1
THE World 2026: #2 2025: #2 2024: #3
US News Best Global 2026-2027: #2 2025-2026: #2 2024-2025: #2
ARWU (Shanghai) 2026: #3 2025: #4 2024: #3
Collegedunia Study Abroad #1 in USA NA NA

[Source: QS, THE, US News, ARWU, Collegedunia Study Abroad]

MIT holds QS #1 in 12 subjects for 2027, including Computer Science and Information Systems, Engineering and Technology, Mathematics, Chemistry, and Statistics. US News ranks MIT’s graduate engineering programme #1 nationally, a position held since 1990, and Sloan’s MBA specialities lead in Business Analytics, Entrepreneurship, Production/Operations and Supply Chain.

Key insight: MIT’s simultaneous top-three placement across QS, THE, US News and ARWU is unmatched in the world; for Indian applicants, this quadruple recognition secures visa-officer credibility and priority sponsorship consideration at every major recruiter.

Read More: Massachusetts Institute of Technology Rankings Analysis


Massachusetts Institute of Technology Placements and Career Outcomes 2027

MIT reports strong post-graduation outcomes across every degree level, with Sloan’s most recent employment report showing 94% of MBA graduates employed within three months of graduation.

  • Placement rate: 90% for bachelor’s, 87% for master’s and 94% for Sloan MBA graduates within three months of graduation
  • Median starting salary (BS): USD 120,000 to 130,000 (INR 114.91 to 124.49 lakh); market-median figure
  • Median starting salary (MS): USD 135,000 to 165,000 (INR 129.28 to 158.00 lakh); market-median figure
  • Median post-MBA salary: USD 178,000 (INR 170.45 lakh) per the MIT Sloan 2025-2026 Employment Report, with signing bonuses adding USD 25,000 to 35,000
  • Top recruiters (Sloan): McKinsey, BCG, Bain, Google, Amazon, Meta, Microsoft, Apple, OpenAI
  • Careers support: MIT Career Advising and Professional Development runs year-round advising, on-campus interviews and an active alumni mentoring network of 145,000 living alumni

Insider note: Indian STEM graduates benefit from the 36-month OPT extension for designated degrees, giving three full US work years before an H-1B lottery is needed; Sloan MBA graduates rely more heavily on the standard 12-month OPT plus H-1B sponsorship secured through employer recruiting.


Massachusetts Institute of Technology vs Peer Universities

The peer set below compares MIT with its closest US private research rivals and one leading public research university, benchmarking rank, fee, salary and differentiator.

University QS Rank 2027 Collegedunia Study Abroad 2026 Avg Annual PG Fee (USD / INR lakh) Differentiator
Massachusetts Institute of Technology #1 #1 in USA USD 66,720 / INR 63.89 lakh Top-ranked worldwide in engineering, CS and Sloan analytics
Stanford University #3 #3 in USA USD 65,127 / INR 62.36 lakh Silicon Valley proximity, GSB entrepreneurship pipeline
Harvard University #4 #2 in USA USD 60,644 / INR 58.07 lakh Oldest US university; strongest cross-school breadth
California Institute of Technology #10 #7 in USA USD 65,571 / INR 62.79 lakh Smallest cohort, highest faculty-to-student ratio in STEM
UC Berkeley #12 #4 in USA USD 32,000 / INR 30.64 lakh (in-state) to USD 47,000 / INR 45.01 lakh Top public research university, lower fee
Carnegie Mellon University #58 #12 in USA USD 53,700 / INR 51.42 lakh Specialised CS and robotics leadership

[Source: QS, Collegedunia Study Abroad; fees market-median from institutional pages]

MIT edges the peer set on QS rank, subject-level breadth and Sloan analytics leadership; the trade-off is Cambridge-area cost of living, which runs higher than Stanford’s Palo Alto or CMU’s Pittsburgh comparators.

MIT is the right fit for Indian students who have already peaked academically at Class 12 or bachelor’s level and want the strongest engineering, computer science or Sloan analytics ecosystem in the world. On a five-year view the tuition and living cost of roughly USD 100,000 per year against a median MS salary of USD 150,000 delivers a favourable payback, further sharpened for STEM graduates by the 36-month OPT window that lengthens the US earning runway.

It is not the right pick for applicants seeking a cheaper credential or a wider spread of humanities and social science offerings, and Class 12 candidates below the 90% band should treat the University of Toronto or the University of British Columbia as more realistic alternatives.


FAQs

Ques. What is the application fee at MIT and can Indian applicants get a waiver?

Ans. MIT charges a USD 75 application fee for undergraduate first-year applicants and USD 90 to USD 250 across graduate departments, with Sloan MBA at the top end. Fee waivers are available for undergraduate applicants who demonstrate financial hardship, requested inside the Common Application or MyMIT portal. Graduate fee waivers are rarer and administered department-by-department, with priority given to applicants from low-income backgrounds and specific fellowship-linked programmes.

Ques. Does MIT accept Indian three-year bachelor’s degrees for master’s admission?

Ans. MIT graduate departments evaluate Indian three-year bachelor’s degrees on a case-by-case basis, and many engineering and science programmes prefer a four-year BE or BTech. Applicants with a three-year BSc or BA are often asked to complete either an MSc in India or a US bridging year before applying. Sloan MBA and Master of Finance historically accept three-year commerce degrees when paired with quantitative work experience.

Ques. Can Indian students work part-time during their MIT programme?

Ans. F-1 visa holders at MIT may work up to 20 hours per week on-campus during term and 40 hours during holidays, without additional authorisation. Off-campus employment requires Curricular Practical Training (CPT) for internships tied to coursework, or Optional Practical Training (OPT) after one full academic year. Typical on-campus roles include teaching assistantships, research assistantships and library or lab positions paying USD 18 to USD 30 per hour.

Ques. Is GRE mandatory for MIT graduate applications from Indian students?

Ans. GRE requirements at MIT vary by department for the 2027 cycle. Electrical Engineering and Computer Science currently makes GRE optional, while Mechanical Engineering, Aeronautics and most PhD tracks in physical sciences still require it. Sloan MBA and Master of Finance accept either GRE or GMAT, and Master of Business Analytics accepts both. Always check the specific programme page before applying, as MIT departments update test policies each cycle.

Ques. Which Indian banks offer education loans for MIT admits?

Ans. MIT admission letters carry weight with all major Indian lenders. HDFC Credila, SBI Global Ed-Vantage, Axis Bank, ICICI Bank and Avanse routinely finance MIT-bound students up to INR 1.5 crore without collateral for graduate programmes and up to INR 2 crore with collateral. Interest rates for MIT-bound applicants sit at the lower end of the international-education band, given the recognised-university tag and consistent high-earning outcomes.

Ques. Does MIT interview international applicants before admission?

Ans. MIT undergraduate applicants are matched with an Educational Counsellor (EC) for an alumni interview where available, and Indian applicants are often connected with a Mumbai, Delhi or Bengaluru-based alumnus. Sloan MBA runs mandatory interviews for shortlisted candidates, conducted virtually or on-campus, and Master of Finance requires a HireVue video interview. Most engineering PhD programmes conduct faculty-led interviews with shortlisted candidates before final decisions.

Ques. Can Indian applicants defer their MIT admission by a year?

Ans. MIT permits undergraduate deferrals for one year on a case-by-case basis, typically for national service, family circumstances or well-defined gap-year projects. Graduate deferrals are handled by the admitting department and are generally granted only for compelling professional or personal reasons. Deferral requests must be submitted alongside the enrolment acceptance, and MIT reserves the right to require reapplication for gaps longer than one year.

Ques. What documents does MIT require for transcript verification from Indian universities?

Ans. MIT graduate departments accept scanned transcripts uploaded to the application portal during initial review, with officially attested hard copies required after admission. Indian applicants must submit consolidated marksheets for all semesters, provisional or final degree certificates, and a rank or grading scheme explanation from the issuing university. Some departments accept WES evaluations to speed up processing, though MIT does not universally require them across all programmes.

Massachusetts Institute of Technology sPELbk

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EECS graduate program admission deadline (1st Dec 2026)
USD 66,720 /Yr90IELTS: 7, TOEFL: 5, Duolingo: 130, Bachelor's Degree
-
MFin Finance
18 months
Summer 2027 MFin application deadline (5th Jan 2027)
USD 88,671 /Yr150Bachelor's Degree
-
MBA
2 years
Fall 2027 MBA Round 2 application deadline (12th Jan 2027)
USD 91,892 /Yr250GRE: Required, GMAT: Required, Bachelor's Degree
-
Fall 2027 Early Action application deadline (1st Nov 2026)
Fall 2027 Regular Action application deadline (4th Jan 2027)
USD 66,720 /Yr75High School Diploma
MechE SM Fall 2027 application deadline (1st Dec 2026)
USD 66,720 /Yr90Bachelor's Degree
-
MIT Early Action undergraduate deadline (1st Nov 2026)
MIT Regular Action undergraduate deadline (4th Jan 2027)
USD 66,720 /Yr75High School Diploma
MArch Fall 2027 application deadline (7th Jan 2027)
USD 66,720 /Yr90IELTS: 7, TOEFL: 5, Duolingo: 135, Bachelor's Degree
-
Summer 2027 MBAn application deadline (5th Jan 2027)
USD 96,884 /Yr150Bachelor's Degree
-
First day of Classes for 2026 Intake (2nd Feb 2026)
USD 86,530 /Yr90IELTS: 7, TOEFL: 100
-
Fall 2027 Early Action application deadline (1st Nov 2026)
Fall 2027 Regular Action application deadline (4th Jan 2027)
USD 66,720 /Yr75High School Diploma

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Aerospace Engineering Fall 2027 Early Action application deadline
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2 years
On Campus
English
Full Time
weHrdZ: IELTS7|TOEFL5|Duolingo130
S2h7Mt: 01 Dec, 2026
8MB0lL: IELTS: 7, TOEFL: 5, Duolingo: 130, Bachelor's Degree
USD 66,720 /Yr
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2 years
On Campus
English
Full Time
GqCkEX #2 zwSAGC 650 by QS Global 02eUQl 2025
/0g7hD: EMBA
S2h7Mt: 12 Jan, 2027
8MB0lL: GRE: Required, GMAT: Required, Bachelor's Degree
USD 91,892 /Yr

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M.S(2 years)
English
Full Time
USD 30,995 - 96,884 /Yr
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M.B.A(2 years)
English
Full Time
USD 89,000 - 91,892 /Yr
SErgam
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12 Jan, 2027
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M.Fin(18 months)
English
Full Time
USD 88,671 /Yr
JscPwB
S2h7Mt
05 Jan, 2027

M.Arch(42 months)
English
Full Time
USD 66,720 /Yr
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4Y1QRr
S2h7Mt
07 Jan, 2027

Ph.D Biomedical Engineering(5 years)
English
Full Time
USD 86,530 /Yr

Ph.D Chemistry(5 years)
English
Full Time
USD 66,720 /Yr
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4Y1QRr
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01 Dec, 2026
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Massachusetts Institute of Technology comparison

jkHKfbMassachusetts Institute of TechnologyYale UniversityColumbia UniversityCornell UniversityUniversity of OxfordUniversity of ChicagoIllinois Institute of TechnologyRochester Institute of TechnologyWorcester Polytechnic InstituteNanyang Technological UniversityUniversity of CambridgeImperial College LondonTechnical University MunichGeorgia Institute of TechnologyRice UniversityUniversity of TorontoHarvard UniversityCalifornia Institute of TechnologyStanford UniversityUniversity of MassachusettsBoston UniversityPrinceton UniversityStevens Institute of TechnologyUniversity of WaterlooCarnegie Mellon University
Collegedunia Score9 S2fe8e 108.1 S2fe8e 108.4 S2fe8e 107.9 S2fe8e 108.9 S2fe8e 108.4 S2fe8e 104.1 S2fe8e 104.1 S2fe8e 105.2 S2fe8e 107 S2fe8e 109 S2fe8e 107.6 S2fe8e 106.2 S2fe8e 106.1 S2fe8e 105.7 S2fe8e 107.4 S2fe8e 1010 S2fe8e 108.3 S2fe8e 109.3 S2fe8e 104.5 S2fe8e 106.1 S2fe8e 108.3 S2fe8e 104.6 S2fe8e 105.3 S2fe8e 106.4 S2fe8e 10
Overall Ranking
  • #1 Collegedunia Study Abroad 2027
  • #1 QS World University 2027
  • #2 Times Higher Education 2027
  • #8 Collegedunia Study Abroad 2027
  • #9 Times Higher Education 2027
  • #16 QS World University 2027
  • #19 Times Higher Education 2027
  • #19 Collegedunia Study Abroad 2027
  • #43 QS World University 2027
  • #14 Collegedunia Study Abroad 2027
  • #16 QS World University 2027
  • #21 Times Higher Education 2027
  • #1 The Guardian 2027
  • #1 Times Higher Education 2027
  • #4 QS World University 2027
  • #15 Collegedunia Study Abroad 2027
  • #16 Times Higher Education 2027
  • #24 QS World University 2027
  • #253 Collegedunia Study Abroad 2027
  • #301 Times Higher Education 2027
  • #620 QS World University 2027
  • #398 Collegedunia Study Abroad 2027
  • #701 Times Higher Education 2027
  • #454 Collegedunia Study Abroad 2026
  • #407 Collegedunia Study Abroad 2027
  • #701 Times Higher Education 2027
  • #442 Collegedunia Study Abroad 2026
  • #12 QS World University 2027
  • #26 Collegedunia Study Abroad 2027
  • #28 Times Higher Education 2027
  • #2 The Guardian 2027
  • #5 Collegedunia Study Abroad 2027
  • #5 Times Higher Education 2027
  • #2 QS World University 2027
  • #5 The Guardian 2027
  • #7 Collegedunia Study Abroad 2027
  • #25 QS World University 2027
  • #25 Times Higher Education 2027
  • #25 Collegedunia Study Abroad 2027
  • #49 Times Higher Education 2027
  • #71 Collegedunia Study Abroad 2027
  • #142 QS World University 2027
  • #84 Collegedunia Study Abroad 2027
  • #101 Times Higher Education 2027
  • #122 QS World University 2027
  • #18 Collegedunia Study Abroad 2027
  • #22 Times Higher Education 2027
  • #32 QS World University 2027
  • #3 Collegedunia Study Abroad 2027
  • #5 QS World University 2027
  • #6 Times Higher Education 2027
  • #6 Collegedunia Study Abroad 2027
  • #7 QS World University 2027
  • #7 Times Higher Education 2027
  • #2 QS World University 2027
  • #2 Collegedunia Study Abroad 2027
  • #3 Times Higher Education 2027
  • #132 Collegedunia Study Abroad 2027
  • #143 Times Higher Education 2027
  • #260 QS World University 2027
  • #61 Collegedunia Study Abroad 2027
  • #86 Times Higher Education 2027
  • #94 QS World University 2027
  • #3 Times Higher Education 2027
  • #12 Collegedunia Study Abroad 2027
  • #27 QS World University 2027
  • #335 Collegedunia Study Abroad 2027
  • #501 Times Higher Education 2027
  • #675 QS World University 2027
  • #93 Collegedunia Study Abroad 2027
  • #113 QS World University 2027
  • #178 Times Higher Education 2027
  • #24 Times Higher Education 2027
  • #36 Collegedunia Study Abroad 2027
  • #55 QS World University 2027
Subject Strength
  • #1 for Engineering by Collegedunia Study Abroad 2026
  • #1 for Data Science and Analytics by QS World University 2025
  • #16 for Medicine by QS World University 2026
  • #22 for Engineering by Collegedunia Study Abroad 2026
  • #9 for Data Science and Analytics by QS World University 2025
  • #7 for Medicine by Collegedunia Study Abroad 2026
  • #27 for Engineering by Collegedunia Study Abroad 2026
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  • #15 for Data Science and Analytics by QS World University 2025
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  • #3 for Engineering by Collegedunia Study Abroad 2026
  • #3 for Data Science and Analytics by QS World University 2025
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  • #149 for Engineering by QS World University 2026
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  • #1001 for Medicine by Times Higher Education 2023
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  • #10 for Engineering by QS World University 2026
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  • #7 for Engineering by QS World University 2026
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  • #6 for Medicine by Collegedunia Study Abroad 2026
  • #16 for Engineering by QS World University 2026
  • #20 for Data Science and Analytics by QS World University 2025
  • #51 for Medicine by Collegedunia Study Abroad 2026
  • #12 for Engineering by Collegedunia Study Abroad 2026
  • #15 for Data Science and Analytics by QS World University 2025
  • #301 for Medicine by QS World University 2026
  • #83 for Engineering by Collegedunia Study Abroad 2026
  • #301 for Medicine by QS World University 2026
  • #17 for Engineering by QS World University 2026
  • #10 for Data Science and Analytics by QS World University 2025
  • #10 for Medicine by Collegedunia Study Abroad 2026
  • #6 for Engineering by Collegedunia Study Abroad 2026
  • #6 for Data Science and Analytics by QS World University 2025
  • #1 for Medicine by QS World University 2026
  • #8 for Engineering by Collegedunia Study Abroad 2026
  • #34 for Data Science and Analytics by QS World University 2025
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  • #15 for Engineering by Collegedunia Study Abroad 2026
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  • #142 for Medicine by QS World University 2024
  • #235 for Engineering by Collegedunia Study Abroad 2026
  • #38 for Engineering by QS World University 2026
  • #34 for Data Science and Analytics by QS World University 2025
  • #144 for Medicine by Collegedunia Study Abroad 2026
  • #16 for Engineering by Collegedunia Study Abroad 2026
  • #2 for Data Science and Analytics by QS World University 2025
  • #401 for Medicine by QS World University 2024
Programs
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  • +BcTMq - 48
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  • uAFC26 -5
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  • uAFC26 -26
Acceptance Rate4.5 %4.6 %4.0 %8.0 %0.0 %0.0 %55.4 %71.4 %60.0 %47.0 %21.0 %15.0 %- %14.0 %7.9 %43.0 %3.0 %3.0 %4.0 %0.0 %11.0 %5.0 %43.0 %53.0 %12.0 %
Cost to Study
  • 8xkMN2USD 30996 Dt9nG5
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  • 8xkMN2USD 67250 Dt9nG5
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  • trGzd7USD 15390 j5deyA
Placement

Average Salaries Of Degree:

  • Executive MBA : $192,000 
  • Masters in Management : $178,000 
  • MBA : $175,000 
  • Doctorate : $170,000 
  • PhD : $169,000 
  • Masters in Science : $140,000 

Top recruiters include Yale University, Microsoft Corp, Deloitte Consulting LLP, Harvard University, Kaiser Permanente, etc. 

  • MBA: $150,000 
  • Doctorate: $124,000 
  • PhD: $115,000 
  • Bachelor of Arts: $95,000 
  • Bachelor of Science: $90,000 
  • Masters of Arts: $83,000 

Columbia University is one of the top private universities in New York City, United States. It is ranked #22 in QS World University Rankings 2023. Ranked #18 in Graduate Employability Rank

Base Salaries by the following degrees:

  • Bachelor (Other):  $500,000 
  • Other Degree:  $280,000 
  • Doctorate:  $200,000 
  • Executive MBA:  $175,000 
  • MBA: $150,000 
  • Executive Masters:  $147,000 

Cornell University is one of the top private universities in Ithaca, United States. It is ranked #20 in QS World University Rankings 2023.

  • Doctorate : $168,000 
  • Masters in Finance : $150,000 
  • MBA : $145,000 
  • Executive MBA: $139,000 
  • Masters in Science : $123,000 
  • PhD : $120,000 


University of Oxford is one of the top public universities in Oxford, United Kingdom. It is ranked #4 in QS World University Rankings 2023.

  • Executive Masters  : $140,000 
  • Masters in Management  : $135,000 
  • Executive MBA : $127,000 
  • Masters of Arts :  $107,000 
  • LLM : $101,000 
  • Bachelor (Other) : $99,000 

University of Chicago is one of the top private universities in Chicago, United States. It is ranked #10 in QS World University Rankings 2023.

Top recruiters include McKinsey & Company Inc., Amazon.com Inc., Google LLC, JP Morgan Chase & Co., Accenture, Deloitte Consulting LLP etc

  • LLM : $220,000 
  • Masters in Finance : $207,000 
  • Masters in Management : $187,000 
  • MBA : $160,000 
  • Executive MBA : $152,000 
  • Doctorate : $138,000 

Average salary 60,000 USD; Top recruiters: Enablon, Prada, Motorola Inc., Ferrovial Agroman, J.P. Morgan Chase & Co.; Masters in Science- 108,000 USD; Masters (Others)- 85,000 USD.


Some of the programs and the average salary are as follows:

Masters in Science: $88,000

Bachelor of Science: $83,000

Bachelor of Arts: $77,000

Master (Other): $61,000 


  • Worcester Polytechnic Institute has a high placement rate of 92.7%.
  • The students lead successful careers with an average starting salary of 73,000 USD (58,00,000 INR) per year.
  • The graduates are employed within a year of their graduation.

NTU’s Class of 2022 earned higher salaries, with a mean gross monthly salary of $4,443 for fresh graduates in full-time permanent employment. Some of the programs and the average salary are as follows:

MBA: $81,000

Masters in Finance: $73,000

BBA: $57,000

Bachelor (other): $63,000


University of Cambridge is one of the top public universities in Cambridge, United Kingdom. It is ranked #2 in QS World University Rankings 2023.

Average Salaries Of The Degree:

  • MBA : $107,000 
  • Masters of Arts: $101,000 
  • Masters in Finance : $100,000 
  • LLM : $95,000 
  • Doctorate : $92,000 
  • Executive MBA : $88,000 

Ranked 6th in the world in the QS World University Rankings® 2023, Imperial College London is a one-of-a-kind institution in the UK, focusing solely on science, engineering, medicine and business.

Base Salaries By Degree:

  • Executive Masters: $123,000 
  • Executive MBA: $96,000 
  • MBA: $89,000 
  • Masters in Finance: $85,000 
  • Doctorate: $78,000 
  • Bachelor of Arts: $77,000

Tie-ups with around 800 start-ups set up by alumni and faculty. 
PhD: $172,000
Masters in finance: $119,000
Masters in Science: $72000-85000 


Top Recruiters: A T Kearney; Accenture; Acuity Brands Lighting; Aerospace Corp; Akuna Capital; AT&T; Barry Wehmiller Design Group; BMW Manufacturing Co. etc. 75% of students get recruitment through the placement cell. 

Average Salaries By Degree:

  • Doctorate: $170,000 
  • PhD: $120,000 
  • MBA:  $111,000 
  • Masters in Science: $94,000 
  • Master (Other): $88,000 
  • Bachelor of Science: $82,000 

THE Global University Employability Rankings- #56; Average salary- 82,883 USD; Top recruiters: Microsoft Corp, IB Corp, Baylor College of Medicine, J.P. Morgan Chase & Co., Intel Corporation; Highest paying degrees- MBA (132,000 USD), Bachelor of Arts (93,000 USD), Bachelor of Science (81,000 USD).


Placement rate was around 85% within 3 months of graduation Top recruiters were McKenzie Investments, KPMG, EY, Deloitte, Pepsico, Scotiank, National Bank Financial and others.

University of Toronto Graduates & Alumni Salaries - By  Degree:

  • Executive Masters-$208,000
  • PhD-$85,000
  • MBA-$83,000
  • Doctorate-$74,000
  • Masters in Science-$73,000
  • Masters in Finance-$72,000


Harvard University is one of the top private universities in Cambridge, United States. It is ranked #5 in QS World University Rankings 2023 and ranked #1 in US UNI.

  • Other Degree: $200,000 
  • Doctorate: $190,000 
  • Executive Masters: $172,000 
  • MBA: $168,000 
  • Executive MBA: $160,000 
  • LLM: $152,000 

Annual salary offered is 111,000 USD per annum and ROI is 7.9%. Top recruiters are Jet Propulsion Laboratory, Northrop Grumman Corporation, Apple Computer Inc, etc. Graduate Employability Rankings (2020): #74. Doctorate students were the highest-paid ($138,000-154,000). 


Stanford University is one of the top private universities in Stanford, United States. It is ranked #3 in QS World University Rankings 2023.

Ranked #2 in Graduate Employability Rank 

  • Bachelor (Other): $221,000 
  • MBA: $184,000 
  • Executive MBA: $181,000 
  • Masters in Finance: $154,000 
  • Executive Masters: $142,000 
  • Doctorate: $140,000

Has an annual ROI of 8.3% with an average annual salary of 72,000 USD. Top recruiters are Raytheon Co, MassMutual Financial Group, Liberty Mutual Insurance Group, IBM Corp.


96% of graduates employed within 6 months of graduation.Top recruiters: Brigham’s and Women’s Hospital; Wayfair LLC; Children’s Hospital, Boston; Amazon; Apple; Tesla; U.S. Department of State; Nike. 

  • Other Degree  :  $155,000 
  • Executive MBA : $137,000 
  • Masters in Management : $133,000 
  • MBA : $125,000 
  • Bachelor (Other) : $107,000 
  • Doctorate : $100,000 

Hiring Companies are Amazon, IBM Corporation, Goldman Sachs Group, Raytheon Co., Microsoft, etc.
Graduate Employability ranks (2023): #15

Princeton University is one of the top private universities in Princeton, United States. It is ranked #=16 in QS World University Rankings 2023.

  • Masters in Science : $248,000 
  • Doctorate  : $175,000 
  • MBA  : $173,000 
  • PhD : $135,000 
  • Bachelor of Science : $110,000 
  • Masters in Finance : $107,000 


Top recruiters: Cox & Company, Amerlux and Beumer Corporation, BMW, Pepsico, Kulite Semiconductor Products, KPMG, Vonage, Vanguard and MITRE Corporation, Ericsson; 

Average Salaries Are Listed Below:

  • Masters in Management   :   $135,000 
  • Masters in Science : $115,000 
  • Master (Other)  :  $100,000 
  • Bachelor of Science   : $85,000 

Graduate Employability Rankings- # 24(QS 2023); 98.9% international student employment rate; Top recruiters are Manulife, TD Canada, Sun Life Financial Inc. etc. 

Average Salaries by Degree:

  • Doctorate: $156,000 
  • Masters in Finance: $91,000 
  • Bachelor (Other): $75,000 
  • Bachelor of Science: $69,000 
  • Masters in Science: $61,000 
  • Masters in Management: $54,000 

Average salary of university graduates is 98,000 USD per annum; Annual ROI is 6.8%; Top employers are Amazon, IBM, Apple, etc.
Graduate Employability ranks (2020): #39. 
Executive MBA: $169,000.
Masters in Finance: $155,000.
MBA: $140,000
Masters: $100,000


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Massachusetts Institute of Technology M1+TSd


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American University Emerging Global Leader ScholarshipNDHjH0Variable Amount70v4DRBachelor+zy2NqCollege-Specific
Horace W. Goldsmith FellowshipNDHjH0$10,00070v4DRMaster+zy2NqCollege-Specific
Bharat Petroleum ScholarshipNDHjH0Variable Amount70v4DRMaster+zy2NqMerit-Based
Comindware ScholarshipNDHjH0$4,00070v4DRApprenticeship+zy2NqMerit-Based
Forktip Women’s- Innovation ScholarshipNDHjH0Variable Amount70v4DRBachelor+zy2NqCollege-Specific
FINCAD Women in Finance ScholarshipNDHjH0$20,00070v4DRMaster+zy2NqMerit-Based

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5VyYK3 Is IIT, Kharagpur the same as MIT or Harvard?

● qag9eP Aditi Roy Fdp03t 27 Sept 23

vyhCv3 None of the IITs now compete with international institutions. IIT Kharagpur is a great option only if your future plans include moving to India. IITs are not as valuable as premier institutions in the US, UK, France, and Switzerland globally. There are various reasons for Harvard to stay in the upper hand that Indian institutions, they are as follows: Academic excellence: IIT Kharagpur is not ranked as one of the top engineering institutions in the world in terms of reputation or ranking. However, when looking at all elite colleges worldwide, Harvard University came in second place, which proves its academic excellence, faculty base as well and infrastructural abilities. World-Class Faculty: Some of the top business professors in the world teach at these institutions. Harvard professors are not only leaders in their disciplines but also frequently carry out ground-breaking research that advances our understanding of business. Scholarship and financial aid: Scholarships and financial assistance are available for deserving students, despite the fact that Harvard's tuition is more than that of IIT Kharagpur. Even the costs for lodging are included. Strong Alumni Base: Harvard University has an extensive and powerful global alumni network. This network might offer beneficial contacts and chances for professional success. Rahul Bajaj, CEO of Bajaj Auto, and Rajat Gupta, a former managing director of McKinsey & Company, are notable Indian graduates of Harvard Business School. Access to Silicon Valley (Stanford) or Boston (Harvard): Stanford is located in the heart of Silicon Valley, while Harvard is close to the flourishing economic center of Boston. Both universities provide access to Silicon Valley or Boston. It is simpler to investigate starting your own business, participate in internships, and network because of this proximity to existing businesses, venture capital firms, and tech startups. Placement statistics: The average package offered by Harvard Business School is 150,000 USD per year, according to placement statistics of 2022. So, in conclusion, selecting Harvard over IIT Kharagpur offers global recognition, a diverse learning environment, and access to a broad range of fields. However, financial costs and cultural adjustments are important factors to consider. Ultimately, the decision hinges on individual goals and priorities, weighing Harvard's prestige against personal circumstances.Qoq+GP

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Massachusetts Institute of Technology hPqZrl

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$65,640

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Undergraduate Programs
$65,640 / Year
Post Graduate Program
$72,288 / Year
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Rooms
$13,614 / Year
Meals
$7,650 / Year
Books and Supplies
$910 / Year
Other Living Expenses
$2,436 / Year

Massachusetts Institute of Technology T8CKWM

Massachusetts Institute of Technology jMvTjT

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New England Association of Schools and Colleges

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Comments


Found 83 Comments

M
mikaela wabe
Mar 24, 2025 02:51
What financial aid options and scholarships are available to help (International students) finance their education at MIT?
H
hussein areslan
Mar 15, 2025 20:28
Hello,I have some questions about MBA Scholarships (Finance and economics major ) I have a CFA level 1
K
kelong kelvin kipkorir
Feb 17, 2025 04:18
Can I find full scholarship??
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