Bachelor of Science in Finance at Massachusetts Institute of Technology (MIT)

The Massachusetts Institute of Technology (MIT) offers a Bachelor of Science in Finance through its prestigious Sloan School of Management. This program runs for four years and is designed to equip students with essential financial knowledge and skills. The tuition fee for this course is approximately USD 61,990. To gain admission, international students need to demonstrate their English proficiency. Accepted tests include IELTS, TOEFL, Duolingo, and PTE. This program is a great opportunity for those looking to build a solid foundation in finance at one of the world's leading universities.

12th Grade

Applicants need to have a high school diploma. If your school doesn't offer subjects like calculus, physics, or chemistry, focus on taking the most challenging math and science courses available.

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TOEFL

Marks: 100.0

The recommended score for TOEFL is 100.

IELTS

Marks: 7.5

The recommended score for IELTS is 7.5.

DUOLINGO

Marks: 125.0

The recommended score for Duolingo is 125.

PTE

Marks: 70.0

The recommended score for PTE is 70.

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Application Process for Massachusetts Institute of Technology (MIT)

Step 1: Prepare Documents for Application

Letters of Recommendation (LOR)

• MIT requires two letters of recommendation from teachers.
• One recommendation should be from a math or science teacher.
• The other should be from a humanities, social science, or language teacher, though this is not mandatory.

Essays

Submit responses to the following short essay questions:

• Share something you do just for fun.
• Describe the world you come from, such as your family, school, or community, and how it has influenced your dreams and goals.
• MIT values diverse backgrounds. Explain how you have worked with people different from you to contribute to your community.
• Discuss a significant challenge or an unexpected event you have faced and how you dealt with it.

Step 2: Additional Documents Required

• Submit your Secondary School Report (SSR), including your high school transcript.
• Provide your English Language Proficiency score.
• Include a copy of your passport.

Step 3: Start Your Online Application

Begin your application by visiting the MIT application portal.

Step 4: Application Fees

• The application fee is USD 75, approximately INR 6.32 thousand.
• Payment can be made via credit card.
• MIT offers a Monthly Payment Plan to spread the term bill over five payments, rather than paying in a single sum. This plan includes a $35 enrollment fee per term.

Calculated at the exchange rate of 1 USD = INR 84.27 | Tuition & expenses were last updated in December 2024"