MBA at MIT Sloan or Stanford Graduate Business School, what is the right pick for you? FInd out through a detailed comparison of the two courses offered at top-ranking business schools in USA.
| MIT Sloan School of Management | Stanford Graduate School of Business | |
|---|---|---|
| ranking (overall) | # 6 Financial Times 2020 # 8 Financial Times 2019 # 4 Bloomberg 2018 | # 3 Financial Times 2020 # 1 Financial Times 2019 # 1 Bloomberg 2018 |
| Cost to Study | Average Tuition Fees 57590 [For UG Program] Average Tuition Fees 192000 [For PG Program] Hostel + Meal - 14720 Per Year | Average Tuition Fees 76950 [For PG Program] Hostel + Meal - 89622 Per Year |
Top Courses Comparison
| ranking | # 5 for Business by Times Higher Education 2023 # 101 for Business by Academy Ranking of World Universities 2021 | # 6 for Business by US News 2024 # 3 for Business by Times Higher Education 2023 |
| application | #4208 Applicants # 484 Admissions # 11 % Acceptance Rate | #7324 Applicants # 436 Admissions # 5 % Acceptance Rate |
| exam scores | GMAT - 720/800GRE updated - 311/340IELTS - 7/9TOEFL - 90/120 | GMAT - 730/800IELTS - 7/9PTE - 68/90TOEFL - 100/120 |
| Admission Criteria/Better to Have | GPA of 3.62 and preferably a 730 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.8 average and preferably 733 GMAT Score.Average Work Experience required around 4.7 years. |
| cost to study | Total Cost (Tuition + Living) -80400 | Total Cost (Tuition + Living) -76950 |
| Return on Investment/Average Package | #Average Salary135000 | #Average Salary |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
Other Popular Comparisons
The application process is similar for getting into MBA at MIT Sloan and MBA at Stanford Graduate School of Business. However, MIT does not require students to take an additional English language assessment test like IELTS/TOEFL. Stanford GSB, on the other hand, requires MBA international aspirants to submit ELP test scores.
Given below are some of the other factors that you must note before considering to make a choice between MBA at Stanford GSB or MIT Sloan:
- MIT Sloan is located in a colder city, while Stanford GSB is located in Sunny California.
- Fellowships awarded to MBA students are mostly need-based at Stanford while MIT offers merit-based fellowships to MBA students.
- The international student percentage at MIT Sloan (33%) is lower than Stanford GSB (35%). Additionally, lesser nationalities are represented with MBA 2022 class.
- Most students of the MBA 2022 class at MIT has engineering as their UG major (33%). While students of MBA 2022 at Stanford were predominantly from business UG majors (44%).
- GRE equivalents accepted at MIT are 156-168 (quant) and 155-167 (verbal). Stanford GSB MBA applications are accepted at GRE equivalents of 150-170 (verbal) and 151-170 (quant).
Though the choice between two business schools is highly dependent on the applicant. These are the certain factors you must keep in mind before making a decision.
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