Massachusetts Institute of Technology is a private institution located in Cambridge, Massachusetts. MIT USA is a diverse university with 29.1% ( 3411) international student population. Majority of international students pursue masters-level STEM courses at MIT university. In 2021, the university’s most enrolled programs were MS Management Studies and MS Mechanical Engineering. The largest communities at MIT are from China with 971 students followed by 340 students from India.
Ranking #1 in the world, Massachusetts Institute of Technology is globally acknowledged for its affordability. The average tuition fees for MIT programs is USD 57,590. The MIT University offers need-blind scholarships with an average award amount of USD 40,000 to all students. With this significant financial aid, the annual tuition fees for MIT is reduced to almost USD 17,590.
Graduates of Massachusetts Institute of Technology are the second highest paid professionals in USA with an average early-career salary of about USD 83,600 which is approximately 63.68 lakhs. A Master in Management is the best-paying degree at Massachusetts Institute of Technology with alumni earning an average income of USD 218,000.
|
Table of Contents
|
Massachusetts Institute of Technology Programs
MIT is best known for its programs in engineering and the physical sciences, other areas where MIT excels for PG programs are- economics, political science, urban studies, linguistics, and philosophy.
Massachusetts Institute of Technology Top Course
| Course Name | Annual Tuition Fees |
|---|---|
| Master of Science [M.S], Electrical Engineering and Computer Science | INR 61,22,093 |
| Master of Business Administration [M.B.A] | INR 61,22,093 |
| Master of Engineering [M.Eng], Computer Science and Molecular Biology | INR 41,44,513 |
| Master of Science [M.Sc], Mechanical Engineering | INR 39,94,861 |
| Bachelor of Science [B.Sc], Mechanical Engineering (Course-2) | INR 39,94,861 |
| Master of Engineering [M.Eng], Civil and Environmental Engineering | INR 41,44,513 |
| Master of Science [M.Sc], Chemical Engineering Practice | INR 41,44,513 |
| Bachelor of Science [B.Sc], Biological Engineering | INR 39,94,861 |
| Bachelor of Science [B.Sc], Aerospace Engineering | INR 39,94,861 |
| Bachelor of Science [B.Sc], Art and Design | INR 39,94,861 |
Massachusetts Institute of Technology Rankings
MIT has been ranked as the No. 1 university in the world by QS World University Rankings for 10 straight years (Since 2012).
- #5 in World University Rankings by Times Higher Education, 2022.
- #3 in US College Rankings by Times Higher Education, 2022.
- #2 in National Universities by US News and World Report, 2022.
- #2 in Best Value Schools by US News and World Report, 2022.
MIT has earned a No. 1 spot in 12 subject areas, according to the QS World University Rankings for 2022. Mentioned below are the rankings of MIT and its competitive universities.
| Programs | Subject Rankings of MIT | Subject Rankings of Stanford University | Subject Rankings of Harvard University |
|---|---|---|---|
| Architecture/Built Environment | 1 | 34 | 5 |
| Chemistry | 1 | 2 | 2 |
| Computer Science and Information Systems | 1 | 2 | 7 |
| Chemical Engineering | 1 | 2 | – |
| Civil and Structural Engineering | 1 | 9 | – |
| Electrical and Electronic Engineering | 1 | 2 | 7 |
| Materials Science | 1 | 2 | 4 |
| Mechanical, Aeronautical, and Manufacturing Engineering | 1 | 2 | 4 |
| Linguistics | 1 | 7 | 6 |
| Mathematics | 1 | 2 | 4 |
| Physics and Astronomy | 1 | 3 | 2 |
| Statistics and Operational Research. | 1 | 2 | 4 |
Massachusetts Institute of Technology Campus
The MIT campus is located between Central and Kendall Squares, and across the Charles River from Boston’s Back Bay. There are both on-campus as well as off-campus housing options available at the university. Out of 4,638 UG students, more than 3,400 students live in a residence hall on campus or in MIT-approved fraternities, sororities, and independent living groups.
On-campus
- The university offers on-campus housing facilities and assistance in finding off-campus housing for its students.
- Presently, the university has around 19 undergraduate and graduate residence halls
- The university guarantees accommodation to first-year applicants in its 10 diverse halls.
- Over 70% of its first-year students prefer to live on campus to ensure convenience, safety, and an enriching learning environment.
- Candidates opting for on-campus accommodation can always seek out the help of resident advisors and faculty housemasters in case of need.
Off-campus
- The institute understands that some of its students prefer their private space and thus lookout for a place off-campus but within close proximity to the campus.
- For this very reason, it brings to the aid of its students an off-campus housing service that provides all the help needed while looking out for a home off-campus.
- The available options include studios, condos, and apartment-style living that cost somewhere between 2,660 to 5,600 USD, per unit.
Tabulated below are housing prices of some of the residence halls offered by MIT in INR:
| Residence Hall | Single (in INR) | Double (in INR) | Triple (in INR) | Quad (in INR) |
|---|---|---|---|---|
| Baker House | 5.15 lakhs | 4.55 lakhs | 4.07 lakhs | 3.59 lakhs |
| Burton-Conner House | 5.15 lakhs | 4.55 lakhs | 4.07 lakhs | N/A |
| Maseeh Hall | 5.15 lakhs | 4.55 lakhs | 4.07 lakhs | 3.59 lakhs |
| McCormick Hall | 5.15 lakhs | 4.55 lakhs | 4.07 lakhs | N/A |
| Next House | 4.81 lakhs | 4.55 lakhs | 3.81 lakhs | N/A |
| Simmons Hall | 5.15 lakhs | 4.55 lakhs | 4.07 lakhs | N/A |
Massachusetts Institute of Technology Admissions
When to apply? Most U.S. students apply to MIT at the beginning of their final year of high school, and international applicants should do the same. MIT practices need-blind admissions, which means applicants will not be disadvantaged in the admissions process because of their financial needs.
The Massachusetts Institute of Technology’s admissions procedure comprises an application, application fee, submission of documentation, and, in some cases, a personal interview. An online portal is available for international applicants to apply to the university.
Documents for PG Programs:
- Academic transcripts
- English proficiency scores
- Standardized exams scores
- Resume/CV
- Essays or SOP, as per course requirement
- Two to three LORs
- Additional or optional supplements such as cover letter, video statements, portfolios, etc
- Financial documents
Documents for UG Programs:
- Official high school transcripts
- ACT or SAT scores
- CV or Resume
- Letters of recommendation
- A statement of Purpose
- Interview
Massachusetts Institute of Technology Application Deadlines
The deadlines for programs at the institute vary from program-to-program basis. However, some of the common deadlines for international students are as follows:
| Type of Deadline | Date |
|---|---|
| Early decision | November 1 |
| Final | January 1 |
Massachusetts Institute of Technology Cost of Attendance
MIT University is one of the most expensive universities in the world, with a tuition fee of USD 57,590 for the UG program which compared to the national average of USD 35,830 is quite high.
MIT Graduate Cost of Attendance
The most expensive graduate program at MIT is 61.18 lakhs for 1 year. Mentioned below is the average cost of attendance at the Massachusetts Institute of Technology:
| Category | Annual Cost (in INR) |
|---|---|
| Standard Tuition Academic year | 42.25 lakhs |
| MIT Student Extended Health Insurance | 2.35 lakhs |
| Student Life fee | 0.28 lakhs |
| Housing | 15.98 lakhs |
| Books and Supplies | 0.94 lakhs |
| Food | 6.31 lakhs |
| Transportation | 2.28 lakhs |
| Personal | 6.32 lakhs |
| Total | 76.71 lakhs |
MIT Undergraduate Cost of Attendance
The average cost of attendance for an Undergraduate student at MIT is USD 79,850 which is approximately 60.76 lakhs for an Indian student. Mentioned below
| Tuition and Fees | Annual Fees (in INR) |
|---|---|
| Tuition | 43.83 lakhs |
| Student life fee | 0.30 lakhs |
| Housing | 9.11 lakhs |
| Meals | 5.18 lakhs |
| Books & supplies | 0.65 lakhs |
| Personal expenses | 1.69 lakhs |
| Total | ~60.76 lakhs |
Massachusetts Institute of Technology Scholarships
MIT provides financial aid on the basis of financial need only. The university doesn’t award scholarships based on any measure of merit—academic, athletic, artistic, or anything else. International students are considered for aid using the same process that is used for domestic applicants.
How and When to Apply? There are two steps to applying for aid
- Step 1: CSS Profile; a College Board tool that the university uses to assess if an applicant is eligible for a need-based MIT Scholarship.
- Step 2: Parental tax returns or income proof must be uploaded using the College Board’s secure IDOC portal. In the case of international students, students must produce their original country’s tax return, as well as a translation into English, if necessary.
Documents required for the 2022–2023 application are as follows:
- Parents’ 2020 income tax returns or wage statements
- Any other records of money earned
- Bank statements
- Records of investments
- Records of untaxed income
Are graduate students offered scholarships? Graduate students at MIT are sponsored by fellowships or appointments as research or teaching assistants. The stipend may be up to 4,000USD each month which is approximately 3.04 lakhs for an Indian student.
Massachusetts Institute of Technology Placements
MIT’s placements are professionally guided so that students can attain their full potential. Every September, the MIT Career Fair, hosted by undergraduates, attracts approximately 450 firms and 5,000 students. Average salary offered for graduates ranged from USD 46,200 to USD 63,900.
The highest paying degrees are computer programing with an average salary of USD 57,400 and systems/programming with an average salary of USD 55,000. Mentioned below are the average salaries earned by MIT graduates:
| Jobs | Average Salary (in USD) |
|---|---|
| Consulting | 53,400 |
| Research and development and chemical engineering | 50,400 |
| Production engineering | 50,200 |
| Project engineering | 49,400 |
| Manufacturing/industrial | 47,700 |
| Portfolio management/brokerage and investment banking | 45,000 |
| Investment banking | 43,600 |
Massachusetts Institute of Technology Alumni
Alumni of MIT get access to a variety of special resources and discounts, including an online alumni directory, career tools, campus information, and more. Some of the other alumni benefits are:
- Bose Discount- 15% off for MIT alumni with their alumni Emailot ID card
- Career Programs- Networking, professional advice, job opportunities, and more
- MIT Federal Credit Union- Alumni get benefits including competitive rates for Visa credit cards, loans, and other financial services.
- MITx Courses on edX-Alumni are eligible to receive 15% discount on verified track enrollment in any MITx online course offered on edX.org.
The alumni community of MIT has around 85 Nobel laureates, 29 National Medal of Technology and Innovation winners, 58 National medals of science winners. Some of the notable alumni of the university include:
- Will Smith (Actor),
- Kofi Anan (Former UN secretary-general),
- Benjamin Netanyahu (Israeli PM),
- Buzz Aldrin (apollo 11 astronaut),
- Amar Bose (owner Bose music accessories), and many more.
Living the spirit of its motto “Mens et Manus” or “Mind and Hand” since its establishment, the institution offers a plethora of courses at undergraduate and graduate levels making it one of the renowned names in the US Education System. Having some 95 Nobel laureates and 59 National Medal of Science winners as its primary community members, MIT turns no leaves unturned to guarantee quality education for its students which makes it a coveted choice for international students to study in the USA.
If you want to contact us: Call or Whatsapp: 95517-60001 – E-mail: info@vpointvisa.com
