Please prepare a business resume that includes your employment history in reverse chronological order, with titles, dates, and whether you worked part-time or full-time, or as an intern. Your educational record should also be in reverse chronological order and should indicate dates of attendance and degrees earned. Other information appropriate to a business resume is welcomed and encouraged. The resume should be no more than one page in length.
Essay: The mission of the Master of Finance program at MIT Sloan is to create the next generation of principled, global financial leaders with state-of-the-art training in modern finance theories and methods. Our program attracts the best and brightest students who go on to advance financial management practice and improve the world. Please draw upon experiences from the past three years.
Please discuss past academic and professional experiences and accomplishments that will help you succeed in the MFin program. Include achievements in finance, math, statistics, and computer science as applicable.
Describe your short-and-long-term professional goals. How will our MFin degree help you achieve these goals?
Share personal qualities that will enable you to contribute to the advancement of our mission.
Relevant, verifiable details, such as awards, rankings, media references, etc., are requested. This essay contains 3 distinct points; please address each point in your essay AND your entire response should be 500 or fewer words.
All MFin applicants must submit a 60-second video essay responding to an open-ended question. You will need to use an internet-connected computer, with a webcam and microphone. The Video Essay tab will appear in the left-hand navigation of your application ONLY after you have completed all other sections of the application. Once you view your question, you will have one minute to prepare your 60-second response. As part of the application review, the Admissions Committee will evaluate your response to assess your communication skills and fit with the MIT Sloan culture. The general knowledge question is designed to help us get to know you better and does not require prior preparation.
LETTERS OF RECOMMENDATION
Please submit three letters of recommendation. We require one letter of recommendation from an academic source and one letter of recommendation from a professional source. The third letter of recommendation can be from either.
We do not accept recommendations from family members.
Recommendations must be submitted online. We do not accept letters of recommendation via mail.
Please choose recommenders who are able to provide specific answers to the following questions:
How long and in what capacity have you known the applicant?
How does the applicant stand out from others in a similar capacity?
Please give an example of the applicant's impact on a person, group, or organization.
Please give a representative example of how the applicant interacts with other people.
Which of the applicant's personal or professional characteristics would you change?
If you are an academic/technical recommender, please tell us how well the applicant mastered the subject you taught or supervised and in what ways the applicant demonstrated this mastery.
Please tell us anything else you think we should know about this applicant.
ACADEMIC RECORDS (TRANSCRIPTS)
Please scan and upload all copies of your academic records from all schools whose courses counted toward a degree. Do not mail in your official academic records or transcripts.
If your transcripts are not in English, you are required to translate them. There are several companies, such as WES, that offer translation services. We ask that you scan both the original and translated copies and submit them with your application.
Relevant Coursework: If applicable, please include details for economics, finance, math, statistics, or other relevant completed coursework, using short answer fields in the application.
Applicants admitted to the program will be required to provide an official signed and sealed transcript from each school attended. All admitted students will receive further mailing instructions after the decision deadline on where to send the materials. Any discrepancies between the scanned transcripts and official transcripts may result in a candidate’s rejection or a withdrawal of our offer of admission.
The Admissions Committee invites you to share additional information about yourself, in any format. If you choose a multimedia format, please host the information on a website and provide us with the URL. Please keep all videos and media limited to 2:00 minutes, or LESS, in total length. Please ensure you provide an unprotected link (no password required).
Please keep all written essays to 250 words or less.
The GMAT or GRE is required of all applicants. We accept both the GMAT and GRE test results and have no preference for one over the other. Test scores are only valid for five years. Please include percentiles when submitting your score.
A valid test score (GMAT or GRE) must be taken on or after January 4, 2013. Additional scores will not be accepted after you have submitted your application.
GMAT School Code: X5X-QS-69
GRE School Code: 3845
The TOEFL and IELTS
All applicants whose native language is not English and who have not received their entire undergraduate education in an English-speaking country must submit scores from one of two internationally recognized assessments of English language proficiency, the International English Language Testing System (IELTS) or the Test of English as a Foreign Language (TOEFL). Test scores are valid for two years. For applicants planning to enter the program in 2018, we will consider scores for tests taken on or after January 4, 2016.
Receiving your undergraduate degree in a country that lists English as an official language such as India, Pakistan, Hong Kong, or Singapore does not exempt you from the English language proficiency requirement.
TOEFL School Code: 3935
IELTS School Code: MIT Graduate Admissions
SUBMITTING YOUR ONLINE APPLICATION
The online application is due by Thursday, January 4, 2018 at 3PM Eastern Time. You may complete and submit the online application at any time before the deadline. Save your work frequently, and print a copy for your own records.
Application Fee: $150.00
The non-refundable application fee is payable by credit card when you apply online.
We offer fee waivers to the following applicants:
College seniors with U.S. citizenship, graduating from a U.S. institution in 2018
Active U.S. military personnel
Teach for America members/alumni
Peace Corps members
Three letters of recommendation
GRE or GMAT scores
English proficiency exam scores
Essay or video statement (optional)
We seek smart, motivated applicants who are passionate about finance. Recent graduates, early career professionals in finance, engineers, mathematicians, physicists, computer programmers, and other high-tech professionals are encouraged to apply.
Each applicant is measured on his or her academic and professional accomplishments. Applicants are eligible to apply to the MFin program if they have a bachelor's degree or will have completed one by July 2018. Students with a three-year bachelor's degree from an international university are also eligible to apply.
We seek well-rounded, intellectually curious individuals with the following characteristics:
Success in academic, extracurricular, and professional endeavors.
Ability to collaborate to accomplish a common goal.
Ability to inspire others to achieve success.
Willingness to seek alternative solutions to existing challenges.
Motivation to pursue their goals.