M.S Business Analytics at Massachusetts Institute Of Technology [MIT], Cambridge Fees, Entry Requirement & Application Deadline

MIT Master in Business Analytics Fees, Eligibility, Admission & Deadlines

Cambridge, MassachusettsLocation
UniversitySchool type
Estd1861established year
11466enrollment
Private (Not for Profit)

Master of Science [M.S] (Business Analytics)

12 months
Full Time
On Campus
Ranked #5 out of 1502 by THE Global Ranking 2023

$91,250 /Yr
Go to official website
9 Students Applied
1 Students Admitted

Important Dates

EventApplication Date
Application Deadline For 2024 Intake Jan 4, 2024

Tuition Fees

Year1st Year Fees
Tuition Fees$91250

Other Expenses

HeadAvg Cost Per Year
Housing$21600
Transportation$3552
Food$9720
Total Cost$34872

Cost of one year is $86300

Previous Year Tuition Fees

Year1st Year Fees
2023$86300
2021$86300

Eligibility & Entry Requirement

Academic Eligibility:

  • The students must have a bachelor’s degree(3 or 4 years) in any of the respective fields to apply for this program.
  • The average GPA of the students in this program is 3.9.
  • Students can apply with any bachelor’s degree but the majority of the students come from these fields like Computer Science, Economics, Engineering (variety), Finance, Management, Math, Operations Research, Statistics…, etc.

Work Experience:

  • Work experience is not required but many of the students have an average experience of 15 months.

Language Requirments:

  • The students whose official language is not English are required to write IELTS or TOEFL exams before applying.
  • The TOEFL cut-off for this program is 90 out of 120.
  • The IELTS cut-off will be decided by the university department.

Language Requirement Exemption:

  • Students who have received instruction in English in their primary and secondary schools and students who have been in the United States for four years or longer and have received a degree from an American institution.

Exam Requirments:

  • The students must compulsorily have to submit the scores of any one of the exams like GMAT or GRE.
  • MIT recommends that applicants interview with a member of the MIT Educational Council if available. Council members are MIT graduates who have volunteered to interview on behalf of the Office of Admissions. 


Scores Required

100 / 120

Avg. Score in

TOEFL

7.0 / 9

Avg. Score in

IELTS


Required Document List

  • Online Application: Students have to submit an online application form at the official website.
  • Application Fee: Students need to submit their application fees.
  • Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
  • Letters of Recommendation: Three letters of recommendation are required.
  • Official GRE Test Scores: Students have to submit their GRE Test Scores.
  • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

Similar Programs

ProgramImportant DateTotal FeesMedian Exams Score
Application Deadline Round 1 (30th Sep 2024)
Application Deadline Round 2 (14th Jan 2025)
Application Deadline Round 3 (7th Apr 2025)
USD 84,350 /Yr
  • GRE: 311
  • GMAT: 720
  • TOEFL: 90
  • IELTS: 7
Application Deadline For 2025 Intake Round 1 (10th Sep 2024)
Round 1 Notification by (5th Dec 2024)
Application Deadline For 2025 Intake Round 2 (8th Jan 2025)
Round 2 Notification by (3rd Apr 2025)
Application Deadline For 2025 Intake Round 3 (8th Apr 2025)
Round 3 Notification by (29th May 2025)
USD 82,455 /Yr
  • PTE: 68
  • TOEFL: 113
  • IELTS: 7
  • GMAT: 730
  • GRE: 328
Application deadline for 2025 Intake (1st Dec 2024)
USD 76,410 /Yr
  • IELTS: 7.5
  • TOEFL: 109
  • GRE: 326
  • GMAT: 740
  • Duolingo: 145
Round 1 Application Deadline For 2025 Intake (4th Jan 2025)
Round 2 Application Deadline For 2025 Intake (21st Feb 2025)
Round 3 Application Deadline For 2025 Intake (9th Apr 2025)
USD 85,400 /Yr
  • IELTS: 7
  • TOEFL: 100
  • PTE: 70
  • GRE: 322

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Career and Placement after Course

Jobs titles after getting placed are:

  • Data Scientist
  • Research Scientist
  • Analytics Associate
  • Business Intelligence Engineer
  • Machine Learning Scientist
  • Data Science Consultant
  • Operations Analyst
  • Research Engineer
  • Product Analyst
  • Portfolio Manager

The average base salary of the graduates after getting placed is 110,000 USD.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
AAUW International FellowshipsScholarship per student$ 50,000/Yr$50,000Level Of StudyDoctorateTypeMerit-Based
Bharat Petroleum ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
ASID Foundation Legacy ScholarshipsScholarship per student$ 4,000/Yr$4,000Level Of StudyBachelorTypeMerit-Based
University of Alabama ScholarshipsScholarship per student$ 6,000/Yr$6,000Level Of StudyBachelorTypeCollege-Specific
Comindware ScholarshipScholarship per student$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based
YouAreWelcomeHere ScholarshipsScholarship per studentVariable AmountLevel Of StudyApprenticeshipTypeTuition-Fee-Waiver

College Student Profiles

Filter By: admitted

Programs Comparison

ranking# 1 for Data Science and Analytics by QS World University 2024
# 8 for Data Science and Analytics by QS World University 2024
application--
why to opt?

In just 12 months, the MIT Sloan Master of Business Analytics program prepares students for careers that apply and manage modern data science to solve critical business challenges. 

Established in conjunction with MIT's Operations Research Center – an interdisciplinary research center established in 1953– the MBAn program is tailored for current students or recent college graduates who plan to pursue a career in the data science industry, as well as those seeking career advancement or change, especially engineers, mathematicians, physicists, computer programmers, and other high-tech professionals. The program answers the industry’s demand for a skilled pool of graduates who can apply data science to solve business challenges.  


The MSc in Business Analytics (MSBA) programme at Nanyang Business School offers a unique curriculum, shaped with leading industry partners to reflect real industry needs.

Cutting-edge modules such as Analytics and Machine Learning in Business provide an understanding of technologies that will impact future businesses. A practical hands-on approach coupled with internships at industry leaders equips our MSBA students to switch from the classroom to workplace with ease. 

As organisations integrate digital technologies into their business models, the relevance of business analytics has never been greater. The need for data-driven decision makings requires business analysts to apply the latest skills to analyse data, and draw insights to drive business transformations.

MSBA programme is designed to close the gap between technical and business know-how for more effective use of data in the workplace, whether in the areas of management, accounting, marketing, finance, communications, or administration. 


exam scoresIELTS - 7.0/9TOEFL - 100/120IELTS - 6/9PTE - 55/90TOEFL - 90/120
Admission Criteria/Better to Have
  • Bachelors degree from an accredited university in computer science or related discipline
  • Scores of exam like GMAT or GRE

  • A good bachelor’s degree in any discipline.
  • A good GMAT/GRE score.

cost to studyTotal Cost (Tuition + Living) -USD 86300Total Cost (Tuition + Living) -USD 56837
application datesJan 4, 2024 (Application Deadline For 2024 Intake)
Nov 1, 2024 (Round 1 Application Deadline)
Jan 15, 2025 (Round 2 Application Deadline)
Mar 15, 2025 (Round 3 Application Deadline)
documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
-Read Full Comparison

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