MIT Sloan MBA

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2010 – 11 In the world, for the world

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The MIT Sloan School of Management, based in Cambridge, Massachusetts, is one of the world's leading business schools — conducting cutting-edge research and providing management education to top students from more than 60 countries. The School is part of MIT's rich intellectual tradition of education and research.

Transcript of MIT Sloan MBA

Page 1: MIT Sloan MBA

2010 – 11

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“As MIT Sloan completes its physical transformation, including its newest building, E62, the reinvention of our campus outside serves as an opportunity for a review of what we do inside as a school of management. MIT Sloan is committed to creating knowledge and insight that will improve the world, to bringing those ideas out into the world, and to translating those ideas into practice as the best approach to learning.”

David C. Schmittlein John C Head III Dean, MIT Sloan School of Management

concept-based action learning

pages 2 | 3

leadership development

pages 20 | 21

core experiencepages 4 | 5

international study tourspage 10clubs & conferencespage 11

MIT/MIT Sloanpages 12 | 13

dual degrees & exchange programs

pages 22 | 23

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At MIT Sloan, hands-on, action-based learning serves

as a cornerstone of the MBA experience and as the

ultimate embodiment of the School’s mens et manus

motto. The linking of “mind” and “hand” is at the heart

of providing students with real-world experiences

that create a depth of knowledge through exploration,

innovation, and leadership—both in the classroom and

around the globe. For a school that is in the world, for

the world, MIT Sloan’s portfolio of programs exists to

provide students with unique opportunities that will

shape dynamic futures filled with infinite possibilities.

curriculum innovationpages 8 | 9

career supportpages 16 | 17

career networkpages 18 | 19

engaging community pages 14 | 15

entrepreneurship & innovation track

page 6 finance track

page 7

how to applypage 27come visitpage 28

MBA class profilepages 24 | 25financial aidpage 26

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“G-Lab is an experience you can carry over to any career experience; it’s where

you have to answer questions such as, What are you going to do in a particular

situation? Where can you add value? These skills are important for anyone who

is going to be in business.”

Kelsey McCarty, MBA ’10

For Kelsey McCarty, MBA ’10, one of the lures of MIT Sloan was the opportunity to participate in an action-learning lab, in particular one with a global focus.

“I had been planning on going to another university, but after I came to admit weekend at MIT Sloan and learned about the action-learning labs … that made me walk away and say, ‘This is why I need to go to school,’” says McCarty. “You learn and you contri-bute, and it is a very rich experience. It sold me from the beginning.”

In January 2010, McCarty spent a month in Bela Bela, South Africa, working alongside her Global Entrepre-neurship Lab (G-Lab): Global Health Delivery course teammates at the Warmbaths Hospital, where they

were initially charged with the development of a new staffing model for the town’s hospital. Upon arrival, however, their task changed to focus solely on staff-ing for the maternity ward, though the team made additional recommendations to senior management based on their on-site observations.

“We felt that the changes we were making could really help,” says McCarty. “On another level, this is a hospital that receives no attention from anyone most of the time. The staff was so excited for us to be there, and they had this renewed energy about doing their own work. They were not going to let our efforts be in vain. That kind of energy and commit-ment was inspiring.”

New Ideas in Global Health Delivery

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>>> As one of MIT Sloan’s clubs, Sloan Entrepreneurs for International Development (SEID) provides an opportunity for students to focus on sustainable global development and raise awareness of the challenges faced by emerging economies, all while empowering students to take action.

Entrepreneurship LabTeams of science, engineering, and management students actively participate one day a week, on-site, with the top management of high-tech startups in order to gain hands-on experience in funding, starting, and running new ventures. > http://entrepreneurship.mit.edu/ELAB/index.html

Global Entrepreneurship Lab G-Lab immerses students in a one-semester classroom and a one-month, on-site consulting experience working side by side with entrepreneurs in emerging nations. In 2010, 50 teams composed of three or four second-year MBAs worked with organ-izations in 19 countries. > http://actionlearning.mit.edu/g-lab/

Sustainable Business Lab S-Lab explores emerging strategies for sustainable businesses and organizations using in-class simulations, cases, role playing, and guest speakers. Student teams focus on live projects that tackle questions reconciling the problems of sustainability and free-market capitalism. > http://actionlearning.mit.edu/s-lab/

China Lab MIT Sloan and Chinese students from leading universities collaborate on multinational business teams to consult with emerging Chinese entrepreneurs. > http://actionlearning.mit.edu/china-lab/

India LabA collaboration among MIT Sloan MBAs, Lingnan MBAs, and business students from various Indian schools provides Indian companies and non-governmental organizations with insights and strategic directions. > http://actionlearning.mit.edu/india-lab/

Leadership Lab This experiential workshop focuses on how leaders drive inno-vations that generate social responsibility and business success. The course includes internships at host organizations examining how to accomplish systemic change. > http://actionlearning.mit.edu/l-lab/

At MIT Sloan, concept-based action learning is at its best through the offering of exceptional learning

opportunities outside the traditional confines of a classroom. With a host of laboratory courses that

has taken nearly 2,000 students around the United States and to more than 50 countries around the

world, experiential learning continues to serve as a cornerstone of the MIT Sloan experience. As the

ultimate embodiment of the School’s mens et manus motto, action learning links mind and hand to

create a depth of knowledge immersed in hands-on exploration, innovation, and leadership.

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> http://mitsloan.mit.edu/mba/program/firstsem.php

The Fall Core

The fall term of the first year consists of five required core courses, one of two optional elective courses, and an optional Entrepreneurship & Innovation (E&I) or Finance Proseminar.

Required Core Courses

Economic Analysis for •Business Decisions

Data, Models, and Decisions•

Communication for Leaders•

Organizational Processes•

Financial Accounting•

MIT Sloan’s unique one-semester core permits the freedom and

flexibility for students to select 75 percent of their MBA coursework.

We view the business school experience as a time of exploration,

and our program builds the foundation necessary for the development

of fundamental skills. Students are grouped together in diverse

teams of five or six as part of a larger cohort of 60 who remain

together in all core classes.

Elective Classes

First-year MBA students have the option to enroll in one introductory-level elective course during their first semester at MIT Sloan. If they wish to take an elective, they may enroll in either:

Finance Theory I • or

Marketing Management•

Proseminars

In addition, first-year MBA students interested in either the E&I or Finance Tracks may enroll in Introduction to Technical Entrepreneurship or Introduction to the Practice of Finance.

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“The Organizational Processes team project with Cubist provided an excellent

opportunity to practice our leadership, analytical, teamwork, and presentation

skills within the context of a publicly traded company. The pressure to impress

our client was challenging but thoroughly rewarding, and a great way to learn.”

Tim Vasil, MBA ’11

“Overall, my core team experience was great. My core team — made up of three

females, four international students, one army veteran, and one navy veteran —

all shared common goals for what we wanted out of the experience. Each of us

wanted to do well academically, but we had a balanced approach throughout the

core semester among the classroom work, recruiting, and fun.”

Tim Lawton, MBA ’10

Time and time again, MIT Sloan students cite the one-semester core as a key differentiator of their MBA experience, as well as the core team project which offers an opportunity to effect change in a corporate or organizational setting.

Core team project members Adam Blake, Kanaka Pattabiraman, Wooseok Shin, Vivek Srivastava, Daniel Vannoni, Tim Vasil, and Cathy Xi evaluated employee engage ment among the national sales team of Cubist Pharmaceuticals.

“We were a fairly efficient team,” says Daniel Vannoni, MBA ’11. “In the beginning, we had long discussions over assignments, and every-one was respectful of differing opinions and approaches to problems. As time went on, we grew together, learned what people’s strengths

and weaknesses were, and structured our work around that. In many cases, we specifically assigned people to lead things they were weak at, making sure there was someone strong in that area to support them. In the beginning, we were certainly seven individuals. But early on, we pushed hard to learn everyone’s goals and prior ities for their experience, and did our best to make sure everything was achieved.”

“The core team project provided an opportunity for us to deal with demanding, diverse course-work and to become adept at multitasking,” adds Vivek Srivastava, MBA ’11. “The core pro-vided us an excellent overview of the business world, and acted as a foundation upon which we can further learn and build our capabilities in the subsequent semesters.”

The Value of Core Teamwork

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“We have what no other place has: legacy and the spirit of entrepreneurship. It goes

right to the DNA of this place, mens et manus, mind and hand — it’s innovation and

practice. MIT creates innovation-based companies. The companies founded by MIT

graduates, if they were made into a standalone economy, would be the 11th biggest

economy in the world.”

William Aulet, Managing Director, MIT Entrepreneurship Center

The Entrepreneurship & Innovation (E&I) Track provides hands-on opportunities for students with a passion for an entrepreneurial life. Each year, approximately 25 percent of the class enrolls in E&I, which focuses on launching and developing emerging technology companies while building a select, lifetime cohort of collaborative classmates. E&I also attracts students who have confidence in themselves, and are interested in controlling their own destiny.

E&I offers a robust curriculum that emphasizes team practice linked to real-world entrepreneurial projects. E&I students participate in weekly net-working dinners with practitioners and venture capitalists that provide an up-close overview of the field. Students network with venture capital-ists during their one-week Silicon Valley trip, as well as the leaders of startups and successful enterprises in the life sciences, medical technol-ogy, software, information technology, advanced materials, and new energy fields.

Entrepreneurship & Innovation Track

> http://entrepreneurship.mit.edu/E_and_I.php

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Finance Track

Modern finance is a high-tech industry, requiring increasingly sophisticated quantitative tools to assess and manage both risks and returns. For those planning to enter this rapidly changing field, MIT Sloan’s Finance Track provides a well-rounded perspective, including electives in six areas of specialization designed to prepare students for more specific career paths in asset management, corporate finance, financial engineering, financial technology, risk management, and sales and trading. The Finance Track is open to all MBA candidates and includes four required finance courses, dozens of electives, and extracurricular activities.

According to Tim Lawton, MBA ’10, “The Finance Track was a natural fit for me because I wanted to focus my studies in finance. The suggested electives and groups of classes for different focus areas helped me in deciding what classes were best for the direction I wanted to take. At the same time, I had the flexibility to pursue other classes outside of the realm of finance to really broaden my academic experience. I would definitely recommend the track to incoming students who also have an interest in the industry, especially those who are changing careers like me.”

Many breakthroughs in modern finance are associated with MIT faculty, including: the Black-Scholes-Merton option-pricing model, the Modigliani-Miller theorem, and the Cox-Ingersoll-Ross model of the term structures of interest rates. MIT Sloan faculty, including Stewart Myers, John Cox, and Andrew Lo, continue to push the frontiers of finance in new and diverse ways.

> http://mitsloan.mit.edu/finance/programs/mba.php

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“…having students better educated about financial analysis and the workings of the financial system will allow

them to be more responsible leaders in this very important industry.”

Andrew Lo, Harris & Harris Group Professor

Professor of Finance, Director of Laboratory for Financial Engineering

>>> “One of the reasons I chose MIT Sloan was because of its finance reputation. I wanted my

employers to see that even though I already had a finance background, I was also immersed in a rigorous academic program with a strong finance network.”

Ramiro Young, MBA ’11

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MIT Sloan’s new Certificate in Sustainability builds upon the Institute’s distinguished accomplishments in technology, science, and social science. Students explore effective strategies of sustainability as a function of the interdependent dynamic of economic, societal, and environmental systems.

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“I had a unique opportunity to work alongside

graduate-level art students in the studios

of the School of the Museum of Fine Arts dur-

ing SIP. Together, we experimented with and

explored narrative and color through hands-on

immersion into animation, cartoon storyboard-

ing, and 3D installation. This allowed me to

explore additional perspectives in an area that

was not part of my normal business routine.”

Ariel Grob Dos Santos, MBA ’10

> For more information on Sloan Innovation Period, visit:

http://mitsloan.mit.edu/mba/program/sip.php

Sloan Innovation Period

Sloan Innovation Period (SIP) provides students and faculty the opportunity to explore jointly, in a non-traditional setting, what makes MIT Sloan unique: exceptional research expertise, leadership acumen, and the hands-on application of knowledge. Through a series of more than 45 workshops, students and faculty immerse themselves in the theme of innovation and intel-lectual experimentation.

SIP workshops include everything from simula-tions on Bosnian peacekeeping set in the 1990s to a simulated climb of Mount Everest to high ropes and obstacles to acting and improvisation.

“The greatest value of SIP is the resources that MIT Sloan is able to bring in and share with its students,” says Donna Zhao, MBA ’11. “During SIP, we frequently hear from industry leaders with diverse backgrounds who speak on an array of topics. One of the most memorable ones was the former CEO of Southwest Airlines who shared his personal philosophy on managing people. SIP is a great opportunity for students to explore a variety of topics outside of their regular classes.”

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“In the Rwanda Study Tour, there was a great deal of learning

on the ground. It is good for students to meet with these

successful businesses, even in a country where the government

is not working and the infrastructure is not there, and realizing

that the issues are very different.”

Tavneet Suri, Mitsubishi Career Development Professor of International Management Assistant Professor of Applied Economics

Christopher Mitchell, MBA ’10, along with four other student leaders, spent a year planning a two-week study tour of Rwanda and Kenya for 17 of their classmates, providing an opportu-nity for specialization beyond a general MBA.

“Before going to MIT Sloan, I worked in India for two years at a company providing investment advice to companies looking to invest in micro-finance, so I knew how important the access to capital was at all levels,” says Mitchell.

“Last year, we organized a similar ‘access to capital trip’ to Malaysia, Singapore, and

Vietnam … so the idea for this year’s trip was to take that same lens, access to capital, and change the geography. We narrowed it down to Kenya and Rwanda, because like the Southeast Asia tour, we wanted access to big companies as well as companies at various stages in the development cycle. There has been incredible investment in Rwanda post-genocide, and we wanted to see a small, outlier country in a positive sense. Geographically, it also made sense to look at Kenya as a much larger, more developed country.”

Study Tour: Rwanda and Kenya

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> For more information on international study tours and student treks such as the Russia trek

shown above, visit: http://mitsloan.mit.edu/mba/experience/activities.php

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“Working with a diverse group of people and learning to lead a robust yearlong

program of events is an important experience in school. This is an opportunity to

hone your teamwork and leadership skills, and make a real impact on present and

future students’ experiences. It is interesting, challenging, and one of the most

fulfilling experiences of my two years at MIT Sloan.”

Veena Jayadeva, MBA ’10

President, MIT Sloan Women in Management

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>>> Student organizers from the MIT Sloan Entertainment, Media & Sports Club demonstrated their leadership skills by organizing the most successful sports analytics conference in the club’s history with more than 1,000 attendees representing 36 states and five countries.

Beyond the key lessons learned in the classroom, MBAs at MIT Sloan embrace the myriad opportunities to gain knowledge in the traditional mens et manus manner, practicing business, management, and organizational skills through a multitude of student-run clubs and conferences.

With dozens of choices for students to pick from, clubs and conferences combine the spirit of innovation, creativity, and enthusiasm of the MIT Sloan community, with themes that range from cultural to corporate, from biopharma to basketball, and from venture capitalists to vintners.

In addition, many clubs host annual conferences, bringing together hundreds of participants as well as guest speakers under a theme of interest to that particular group. Students at MIT Sloan are involved in 60 clubs, with offerings that include:

> http://mitsloan.mit.edu/mba/experience/clubs.php

Business and Professional Clubs

•BiomedicalBusinessClub •EnergyandEnvironmentClub •Entertainment,Media&SportsClub •FinanceClub • InvestmentManagementClub •ManagementConsultingClub

•MarketingClub •Mobile,Media&InternetTechnology •NetImpact •SalesClub •VentureCapitalandPrivateEquityClub

•AfricaBusinessClub •AsianBusinessClub •BrazilianClub@Sloan •JapanClub •MiddleEastBusinessClub

•MinorityBusinessClub •SignificantOthersofSloan •SloanLGBT •SloanWomeninManagement •VeteransAssociation

Sports and Recreation Clubs

•BasketballClub •HockeyClub •RunningClub

•SalsaClub •Ski/SnowboardClub •SloanSoccerClub

Cultural, Regional, Religious, and Personal Affiliation Clubs

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MIT

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anIn the 20 years since it began, the statistics regarding

MIT’s $100K Competition are nothing short of

staggering. To date, of the 1,700-plus teams that have

competed in the student-run event, more than 120

companies have been established with an aggregate

value greater than $15 billion. These ventures have

received more than $700 million in capital investment

and have created more than 2,500 jobs.

For students who harbor goals of creating companies, the annual $100K Competition serves as the perfect opportunity to test the Institute’s entrepreneurial waters while joining forces with others on campus in a creative, collaborative, and innova-tive process.

Since 1989, graduates and under-graduates from MIT Sloan, as well as the Schools of Engineering, Science, Humanities, and Architecture, have formed multidisciplinary teams with the goal of presenting a winning busi-ness plan to a panel of experienced entrepreneurs, venture capitalists, and legal professionals.

“MIT’s $100K is a yearlong experience designed to encourage students and researchers in our community to act on their talent, ideas, and energy,” says Fiona Murray, an MIT Sloan faculty member who also serves as associate director of the MIT Entrepreneurship Center. “It is also a rare, risk-free opportunity to present ideas and garner feedback from experienced profes-sionals on everything from intellectual property rights to how to get venture capital funding — all of which builds upon the Institute’s existing base of entrepre-neurial education, capability, and spirit.”

“Nowhere in the world does a business school enable students to work with

more than $1 billion of research in labs across the campus. MIT labs have an

open door policy that lets anyone in the MIT community interact with each

other and share ideas through campus student clubs like the Energy Club.

They can also create a new enterprise through the MIT $100K Competition

that identifies a market need and fulfills it with a leading-edge technology.”

Jeff Sabados, MBA ’08

> Go to http://www.mit100k.org/

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“This IAP project was a turning point for me as I began to see what Professor

Lo called ‘the beauty in finance.’ I really enjoy thinking about the structure and

systemic risks of modern finance, so much so that I am contemplating writing

a thesis on this topic, from the perspective of culture and organizations.”

Jian Helen Yang, SF ’10

With his first Independent Activities Period (IAP) course on Financial Crisis Management limited to only 25 participants, Professor Andrew Lo says he wanted to provide an up-close examination of those who were directly affected by the financial crisis and how they survived both personally and profes sionally to tell the tale.

“We may have a good academic perspective on crises, but how do we teach students how to manage through them? How do you live through them day to day?” asks Lo. “The idea was to allow students to find out, firsthand, by talking to the survivors.”

Students in Professor Lo’s IAP traveled to New York City and Washington, D.C., to meet

with bankers, investors, and regulators and to ask what they had learned from the most recent financial crisis.

“Our view is, the more we know about what hap-pened, the better we can design policies to avoid such crises in the future,” says Lo. “We need to be more open-minded and proactive about where our students can learn the most, and that’s exactly what this course set out to do.”

For all members of the MIT community, the January IAP provides opportunities for campus-wide, cross-registration on a range of credited and non-credited courses, from art to exercise, and from leadership to the life sciences.

Cross-Campus Collaboration

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yA vibrant, inclusive, and respectful social culture is another cornerstone of MIT Sloan’s diverse community which serves as an essential part of the MBA experience.

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> For more information on the student experience:

http://mitsloan.mit.edu/mba/experience/activities.php

“The culture at MIT Sloan is very welcoming and

inclusive. In class, we have the spirit of respect

and collaboration. Everyone is invited and

stimulated to speak up and to build on each

other’s ideas. Outside of class, this spirit leads

to innovation and entrepreneurship. MIT Sloan

gives us the chance to explore new projects, and

the School fully supports our initiatives. For

example, I now have the opportunity to organize

an event that will show the values and traditions

of my home country to more than 300 people

from everywhere in the world at MIT Sloan.”

Luiz Flavio Sampaio, MBA ’11 Co-president, MIT Sloan Brazilian Club Coordinator, Brazil C-Function 2010

From the first-semester core to the point of graduation two years later, a wide range of offerings — from networking coffees to watching ballgames at historic Fenway Park — allows students, their significant others, and their families to form strong and lasting relationships as friends and colleagues. Activities throughout the year include:

MIT Sloan Days: A monthly Town Meeting hosted by the Student Senate, MBA Student Affairs, and the Deans, where community updates, events, and information are shared.

MIT Sloan Fall Ball and Spring Gala: Don a tuxedo, suit, or dress and visit locations in and around Boston and Newport, Rhode Island.

Talent Show/MIT Sloan Follies: Sing, dance, or share poetry at the Talent Show. In the spring, perform in a series of skits highlighting the humor of MIT Sloan’s culture at the Follies.

C-Functions: Themed social gatherings organized by stu-dent clubs and the MBA Student Affairs staff, designed to promote both cultural and professional networking.

Off-Campus Events: Venture beyond Cambridge’s borders for professional sporting events, cultural visits, family activities, and nightlife.

… and much more.

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“Five years ago, I was a proud engineer and firmly believed the key

to conquering the world was building the best mousetrap. But

eventually, you build the best mousetrap and wonder why the world

isn’t beating a path to your door. That’s when you realize there’s

something that both you and your company are missing.”

Kip Pettigrew, MBA ’11

Kip Pettigrew, MBA ’11, did not enter MIT Sloan with a plan to change careers, yet that may be the outcome of his two-year experience.

“Prior to MIT Sloan, I thought marketing equated to increasing sales and creating good advertising,” says Pettigrew, who had earned his undergraduate degree from MIT in mechanical engineering.

“As I learned more during my first term, I discovered that there was a whole mindset I was missing. Good marketing and knowing your customer is the cornerstone to starting, designing, and operating a successful company… . I decided then and there to refocus my career away from building technology to making sure good technology actu-ally succeeds.”

For Pettigrew — who had worked as an engineer designing, consulting on, and building micro- and nano-scale technology — his future plans involve an internship position in marketing and product management. He cites critical career support received through the Industry Advisors program in the Career Development Office. Through this program, he found an alumnus career mentor, a product developer at Bose who provided insight into changing careers.

“He shared what he had learned through his own career change and, ironically, our paths and inter-ests were very similar,” says Pettigrew. “It was nice to have someone reaffirm the fact that my vision for a future career was possible.”

“When most people think of our office, they think of the on-campus recruiting

program, but that’s only one-quarter of what we do. The other three-quarters are

focused on the students and alumni, helping them to learn about themselves,

about careers, and about how they will contribute to their chosen professions.

As a school, we are focused on and committed to the student’s development.”

Jacqueline Wilbur, Senior Director, Career Development Office

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Throughout the academic year, MIT Sloan’s Career Development

Office (CDO) sponsors a number of programs designed to help

students develop the skills and strategies to achieve their career

goals in today’s increasingly competitive MBA job market. Among

the offerings are:

Career Core, an integrated part of the first- semester core, combines theory and practice to help students refine their career management skills, while providing valuable experience in self-assessment, networking, persuasive communication, interviewing, and negotiation.

Exploring Career Options and Networking Events includes CDO-sponsored corporate discussions, company presentations, and other networking events to provide students with a chance to investi-gate industries they may not have considered.

Treks are high-impact visits to the companies and industries within the United States and abroad that hold great interest among students. Utilization of

MIT Sloan’s extensive alumni network is critical to the access and insight provided by these treks that delve into a variety of industries.

Career Fair involves 20 to 25 companies and offers both first- and second-year students a chance to network and interview with numerous leading recruiters in a single day.

Campus Recruiting provides an excellent opportu-nity for well-known companies to connect with MIT Sloan students, offering a chance to explore a variety of fields that include consulting, financial services, commercial and consumer technologies, pharmaceuticals, and biotechnology.

> For a full listing of all CDO offerings, visit: http://mitsloan.mit.edu/mba/career/index.php

Top hiring companies for the members of the Classes of 2009 and 2010 for full-time and summer positions include:

A.T. Kearney · Amazon.com · American Express Company

Amgen · Apple Computer · Bain & Company

Biogen Idec · The Boeing Company · Booz & Company

The Boston Consulting Group · British Telecom · Cisco Systems

Citi · Credit Suisse · Deloitte Consulting · Deutsche Bank Group

ExxonMobil · Fidelity · Goldman Sachs · Google · IBM Corporation

Infosys · Intel Corporation · Johnson & Johnson

JPMorgan Chase · L.E.K. Consulting · Liberty Mutual

McKinsey & Company · Microsoft Corporation · Morgan Stanley

Novartis Pharmaceuticals · Novell · The Parthenon Group

Raytheon Company · UBS Financial Services · United Airlines

United Technologies Corporation · VMware

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“The great thing about the MIT Sloan network is how close people feel to each

other because of the smaller size and close-knit culture of the School. I have

had every single alumnus/a that I reached out to return my call or email since

I started at MIT Sloan almost 10 years ago; it is a powerful resource.”

Mike Volpe, MBA ’03, Vice President, Inbound Marketing, HubSpot

Mike Volpe, MBA ’03, understands the power of MIT Sloan’s alumni network and the key role it plays for both students and alumni.

“The co-founders of HubSpot, Dharmesh Shah and Brian Halligan, met in the MIT Sloan Fellows program, and most of the early management team they hired were MIT Sloan graduates, including me,” says Volpe, vice president of Inbound Marketing at the Internet marketing software startup. “MIT Sloan has been a part of HubSpot since the beginning of the company, and continues to be a strong influence. We value the analytical business mindset that MIT Sloan develops.”

Volpe was the fifth employee of the Cambridge-based company, which has grown to 130 employees, raised three rounds of venture capital, and attracted over 2,500 customers since he joined three years ago.

Today, HubSpot includes MIT Sloan students “in every possible way,” says Volpe. “We have student teams doing class projects here as part of classes like E-Lab and projects like MarketLab; we bring on students in January for externships; we take students in the summer for paid intern-ships; and we have hired a number of MIT Sloan graduates for full-time positions, too.”

MIT Sloan’s Hub at HubSpot

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At MIT Sloan, more than 85 percent of MBA students are

career changers who decide to switch industries or functional

areas. The Career Development Office (CDO) supports this

process by helping each student explore new opportunities

through summer internships, one-on-one advising, and peer

and alumni mentoring.

Internships give students the chance to explore new or

familiar industries, to build relationships with prospective

employers, and to either build new skills or hone existing ones,

in nearby Kendall Square or halfway around the world.

“With the encouragement of the CDO, I attended the consulting presentations early in the fall of my first year. My interest in strategy consulting was piqued, and I applied for an internship at a consulting firm for the summer. The CDO was immensely helpful throughout this recruiting process — through them, I was able to make contacts at various firms, learn about the differences between each firm, and prepare adequately for the application and interview process.

“The CDO and the Management Consulting Club are a powerful team in this aspect — they work closely to make sure all MIT Sloan students present themselves in their best light through résumé and cover letter reviews, are practiced and prepared for case interviews through mock interviews, and are fully aware of what to expect in both the interview and in the job.”

Jen Novak, MBA ’11ca

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>>> Held in the spring, the MBA Career Fair provides an opportunity for students to network and interview with companies and alumni. Past fairs featured companies from the technology, consulting, healthcare, consumer products, and financial services industries.

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Listen…Question…Learn

While learning by doing is a powerful teaching tool utilized by MIT Sloan, so too is learning by listening and questioning some of the top leaders of the day.

Both the Dean’s Innovative Leader Series (DILS) as well as the Sloan Sustainability Speakers Series offer up-close opportunities for students to hear and question some of the world’s most dynamic and notable names shaping the current and future business landscape. Speaker series, Proseminars, and clubs bring up to 10 speakers to campus per week and more than 400 per year, offering a wide range of perspectives from across sectors and around the world.

“We are looking at new forms of leadership all the time, and it’s the next generation of leadership that we look to bring to campus. Leaders come and talk about how they are trying to create new organizational forms and new models of leadership in order to compete in a global world to deal with the complexities this world foists upon us,” says Deborah G. Ancona, Seley Distinguished Professor of Management and faculty chair of the MIT Leadership Center.

Speakers at MIT Sloan in 2010 included Boston Red Sox owner John W. Henry, E*TRADE Co-Founder and Chairman Emeritus William A. Porter, Oxfam America President Raymond C. Offenheiser, and Mercy Corps Chair Linda A. Mason.

Jeffrey Hollender, co-founder and executive chairperson of Seventh Generation, spoke of the challenges businesses face today, and offered suggestions on how to transition to an economy that is more sustainable, just, and equitable.

> http://mitsloan.mit.edu/sustainability/speakers.php

> http://mitsloan.mit.edu/mba/program/dils.php

“Changes in the system and the design of

the system will be required,” he says, “and

it can be an exciting opportunity, as well

as a daunting challenge. We need all of the

stakeholders at the table to unite us.”

Jeffrey Hollender (photo on right) Co-founder and Executive Chairperson Seventh Generation

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Speakers from the Dean’s Innovative Leader Series and the Sloan Sustainability Speakers Series challenge students to consider their leadership roles in shaping tomorrow’s business environment.

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Mark Chew, LGO ’10, pictured above at his Raytheon internship, researched

cost-effective alternatives for the company to improve sustainability. In

all, Leaders for Global Operations (LGO) students spend six and a half

months at internships with LGO partner companies, putting their leadership,

management, operations, and engineering skills to the test.

Leaders for Global Operations

The Leaders for Global Operations (LGO) Program aims to solve challenging operations problems by developing knowledge at the intersection of engineering and management. LGO features a cross-disciplinary curriculum, a global orientation, significant internship oppor tunities, an emphasis on leadership and teamwork, and real-world experience with LGO partner companies.

This dual-degree program awards an MBA or a Master of Science degree from the MIT Sloan School of Management and a Master of Science degree from one of seven participating depart-ments in the MIT School of Engineering. Partner companies provide generous fellowships for all LGO students.

“The LGO Program provided a great foundation that I continue to leverage,” says Elizabeth J. Altman, LGO ’92, vice president of strategy and business development for Motorola Mobile Devices and co-author of The Innovator’s Guide to Growth: Putting Disruptive Innovation to Work. “It emphasized analytical tools and decision-making frameworks to solve complex problems. As a result, the approach I take to address large-scale strategic problems today integrates considerations from multiple func-tional disciplines.”

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MIT Sloan’s Exchange Programs

MIT Sloan’s MBA Program offers the opportunity for one semester abroad at any of three European schools: London Business School (LBS), HEC Paris, or IESE Barcelona. Students may attend either in the fall or spring semester of their second year, although most choose the spring semester. Each of the three exchange programs is designed for students who seek a longer international educational experience or wish to pursue a future career in a European country.

“… here, through the MIT Energy Initiative, we are helping to frame the national

debate on energy policy. We are advancing the frontiers of energy research. We are

educating a new generation of energy pioneers, and we are turning our research into

innovations that will transform the way the world gets its energy and will create new

industries in the process.”

Susan Hockfield, President, MIT

“The MBA and the HKS programs complement each other extremely well, and they are very different… . My education is complete because of what I have been able to do at both of them. I will be a better leader in either sector because I have a background in both.” Ashley Zohn, MBA/HKS ’11

>>>

After a childhood experience of living through the catastrophic Hurricane Andrew in 1992, Ashley Zohn decided as an adult to pursue emergency management, selecting a dual-degree program that would offer her the back-ground to pursue a career in this rapidly growing sector.

“I chose MIT Sloan because of my inter-est in supply chain management and operations management,” says Zohn.

“It is challenging, but it’s worth it.”

As Zohn explains, both MIT Sloan and HKS have designed the curriculum so that students take the maximum number of credits every semester. Zohn also serves as co-president of both the Operations Management Club and the Crisis Management Council at MIT Sloan.

“I’m better at time management than I was before,” says Zohn. “You just have to pick and choose.”

Last summer, Zohn chose an internship with Florida’s Division of Emergency Management, reviewing and dissem-inating recommendations made by consultants to streamline some of the division’s organizational processes. “I could read their report and almost translate it for the people who had to implement the recommendations,” says Zohn, who lived in Miami when category 5 Hurricane Andrew hit South Florida. “This summer, I’ve accepted an offer to work at the Homeland Security Institute, and I’ll definitely be work-ing within the disaster planning and preparedness space.”

MIT Sloan and Harvard Kennedy School (HKS) Dual Degree

> http://mitsloan.mit.edu/mba/program/dual.php

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Dynamic, Diverse, and Smart

MIT Sloan enrolls individuals who demonstrate: the ability to lead and inspire others, a collaborative spirit and a community focus, an intellectual curiosity and analytical strength, the creativity to find new solutions to existing challenges, and growth in their professional and personal endeavors.

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MIT Sloan students come from over 60 countries

and numerous industries and functional areas. We

have a diverse mix of U.S. citizens, international stu-

dents, and U.S. permanent residents. However, the

reality is more interesting than a one-dimensional

chart can show. There are dual citizens, multiple-

language speakers, and students with a wide range

of educational and professional experiences. Take

a look to see where you fit into MIT Sloan.

MBA Class of 2012 Profile*

Age range 22–37

Mean age 28

Work range 0 –12

Mean years of work experience 5

GMAT range (middle 80%) 680 –760

Mean GMAT 717

Females 34%

Males 66%

U.S. citizens 50%

U.S. permanent residents 8%

International 42%

Africa 2%

Asia 27%

Europe 11%

North America 51%

Oceania < 1%

South America 8%

Undergraduate Degree

Business and Commerce 25%

Computer Science 8%

Engineering 29%

Humanities, Arts, and Social Sciences 30%

Science and Math 8%

*As of June 1, 2010

> http://mitsloan.mit.edu/mba/experience/profile.php

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Dean’s and Diversity Fellowships

About 30 Dean’s and Diversity Fellowships are available to first-year students — ranging from $5,000 to full tuition — and are awarded to admitted candidates of all citizenships and academic back-grounds. All admitted candidates are considered for these fellowships.

Yellow Ribbon Program

MIT Sloan offers 10 $5,000 scholarships for veterans of the U.S. military which are matched dollar-for-dollar by the federal government. These are awarded on a first-come, first-served basis.

The Class of 2004 Diversity Scholarship

The purpose of this scholarship is to attract students to MIT Sloan with unique work experiences, educa-tional endeavors, or national backgrounds that are less represented at MIT Sloan.

The Forté Fellowship

The Forté Fellowship is awarded by MIT Sloan to outstanding female candidates who demonstrate leadership in their community, academic institution, or place of work.

The Legatum Fellowship

The Legatum Center for Development and Entrepreneurship offers financial assistance to select entrepreneurial graduate students at MIT. http://legatum.mit.edu/fellowship

The McKinsey Award

McKinsey awards up to three scholarships of $10,000 to first-year MBA students with an outstanding record of academic achievement, demonstrated drive, per-sonal impact, and distinctive leadership in professional, community, or campus activities.

The Trust Scholarship

The Trust Family Foundation provides tuition to a first-year MIT Sloan MBA student who graduated from Cooper Union within the past seven years and who can demonstrate financial need.

Thomas and Lorraine Williams Fellowship

The Thomas and Lorraine Williams Fellowship is awarded to an MIT Sloan MBA student who graduated from the Georgia Institute of Technology and who can demonstrate financial need.

The Peter Englander Fund

MIT Sloan alumnus Peter Englander, SM ’77, provides a fellowship in the amount of $25,000 to an incoming MBA student from the United Kingdom.

Little Family Foundation MBA Fellowship Award

This award is for an admitted MBA student who has either participated in Junior Achievement as a child or volunteered as a teacher or an advisor or as a professional.

Merit Awards

The MBA Program Office awards team and individual MBA Achievement Awards ranging from $1,000 to $10,000. These merit-based awards recognize out-standing student contributions and leadership in the MIT community. Additionally, the Siebel Foundation gives five $25,000 scholarships to students for aca-demic achievement and outstanding leadership.

Other awards include: Seley Scholarship Henry B. DuPont III Scholarship Henry Ford II Scholarship Miriam Sherburne Scholarship Martin Trust Community Fellowships The Petersen Award McGowan Fellowship

Total Corporation Fellowship

Up to three renewable fellowships of $60,000 are offered to three incoming MIT graduate students from Angola, Nigeria, and South Africa. Eligibility is not restricted to students from these countries, but preference will be given to them.

Mohammed Bin Rashid Al Maktoum Fellowship

Awarded to nationals of the 22 member countries of the League of Arab States who demonstrate leader-ship, dedication, and commitment to the Arab world’s human and socioeconomic progress.

Fundação Estudar

Provides scholarships to qualified Brazilians attending a graduate program.

Instituto Ling

This Brazilian nonprofit association provides annual fellowships for Brazilians with exceptional entrepre-neurial spirit and leadership skills.

The Sainsbury Management Fellowships

The Royal Academy of Engineering provides scholar-ships to talented young engineers with leadership potential who intend to pursue their careers in the United Kingdom.

For more details, visit: http://web.mit.edu/odge/finances/fellowships/international.html

The goal of the Admissions Office is to admit the most qualified candidates regardless of their personal or family’s financial means.

To support this mission, MIT provides financial support to graduate students in several different forms, including loans, merit awards,

and scholarships, as well as assistant teaching and research positions. Some forms of support are granted solely on the basis of merit;

others are granted on the basis of financial need; a combination of merit and need; or on other criteria stipulated in named awards by

alumni or benefactors. As part of the application process, you will be asked to self-identify for awards for which you may be eligible.

Many of our second-year students receive funding through teaching (TA) and research (RA) assistantships. MIT Sloan is unique

among its peers in that we employ more MBA students as TAs and RAs than any other leading institution. These positions are

open to citizens, permanent residents, and non-U.S. students. There are approximately 180 teaching/research assistantship positions

available each year.

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MBA Application Deadlines (all deadlines 3PM Eastern Time)

MBA Round I October 26, 2010MBA Round II January 4, 2011

Dual-Degree Application Deadlines (all deadlines 3PM Eastern Time)

LGO December 15, 2010 HKS January 4, 2011

Women and men who thrive at MIT Sloan see themselves

as thinkers and doers. They want to explore, grow, and

contribute to our rich and diverse community. Smart and

energetic, they want to make the world a better place.

When applying to MIT Sloan, we want you to reflect on your past academic and professional endeavors. We want to understand how you think, lead, and pursue your goals.

There are several parts of the application. They include: a professional résumé, a cover letter in which you describe your accomplishments and include an example of how you had an impact on a group or an organization, three essay questions, your academic transcripts, and GMAT or GRE test results. (TOEFL scores are not required.)

The essay questions for the 2010–11 application are:

Essay 1: Please describe a time when you went beyond what was defined, expected, established, or popular. (500 words or less, limited to one page)

Essay 2: Please describe a time when you convinced an individual or group to accept one of your ideas. (500 words or less, limited to one page)

Essay 3: Please describe a time when you took responsibility for achieving an objective. (500 words or less, limited to one page)

>>> To learn more about MIT Sloan, introduce yourself to us at: http://mitsloan.mit.edu/mba/admissions/viewbook.php. You’ll be able to access your personalized MIT SloanSpace site based on your areas of interest.

> For complete instructions on how to complete the application, visit: http://mitsloan.mit.edu/mba/admissions/applicationinstructions.php

Tuition $50,353Books and supplies 1,836Computer 2,500Food 4,572 Fees 272

Personal (including medical 4,660insurance)Housing 13,500Transportation 2,496TOTAL $80,189

Tuition and Costs 2010 –11 (for a single student for one year)

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Visit us or attend one of our on-the-road events and experience

the pace, passion, and warmth of our culture. We offer a variety

of events from which to choose: walk around campus, witness

the day-to-day life of our students, ask your questions at an

information session hosted by an admissions representative,

talk to alumni, attend a class, and get a firsthand impression of

the MIT Sloan MBA Program.

AmsterdamAustin Brussels Buenos AiresChicago

DetroitHoustonLondonLos AngelesMexico City

Milan New York CityParisSan FranciscoSantiago

São PauloSeoulTaipeiTel AvivTokyo

The above list represents only a fraction of the cities we visit in a typical year. To find out when MIT Sloan will be in your area, visit:

> http://mitsloan.mit.edu/mba/admissions/attend-event.php

Join Us on Campus …

The Ambassadors Program is an excellent way to learn more about MIT Sloan. You’ll spend the day on campus, meet current students and faculty, and even attend a class or two.

Visit our website to learn more or to register for the Ambassadors Program:

> http://mitsloan.mit.edu/mba/admissions/ambassadors.php

The Admissions Office also hosts information sessions and online chats that focus on topics such as the overview of the MBA Program, the application process, and customization of the MBA through tracks and certificates.

> http://mitsloan.mit.edu/mba/admissions/attend_event.php

…Or Attend a Global Event

The MIT Sloan Admissions staff hosts fairs, conferences, forums, and presentations in cities throughout the United States and the world, including:

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The Massachusetts Institute of Technology is committed to the principle of equal opportunity in education and employment. The Institute does not discriminate against individuals on the basis of race, color, sex, sexual orientation, gender identity, religion, disability, age, genetic information, veteran status, ancestry, or national or ethnic origin in the administration of its educational policies, admissions policies, employment policies, scholarship and loan programs, and other Institute administered programs and activities, but may favor US citizens or residents in admissions and financial aid.*

The Vice President for Human Resources is designated as the Institute’s Equal Opportunity Officer and Title IX Coordinator. Inquiries concerning the Institute’s policies, compliance with applicable laws, statutes, and regulations (such as Title VI, Title IX, and Section 504), and complaints may be directed to the Vice President for Human Resources, Room E19-215, 617-253-6512, or to the Coordinator of Staff Diversity Initiatives/Affirmative Action, Room E19-215, 617-253-1594. In the absence of the Vice President for Human Resources or the Coordinator of Staff Diversity Initiatives/Affirmative Action, inquiries or complaints may be directed to the Executive Vice President, Room 3-211, 617-253-3928, or to the Director of Labor and Employee Relations, Room E19-235N, 617-253-4264, respectively. Inquiries about the laws and about compliance may also be directed to the Assistant Secretary for Civil Rights, US Department of Education.

*The ROTC programs at MIT are operated under Department of Defense (DOD) policies and regulations, and do not comply fully with MIT’s policy of nondiscrimination with regard to sexual orientation. MIT continues to advocate for a change in DOD policies and regulations concerning sexual orientation, and will replace scholarships of students who lose ROTC financial aid because of these DOD policies and regulations.

MIT Sloan is committed to producing environmentally responsible publications. The paper in this viewbook contains 20 percent post-consumer waste and was manufactured with electricity in the form of renewable energy.

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MIT Sloan School of Management

Admissions Office

50 Memorial Drive, Suite E52-126

Cambridge, MA 02142-1347

617.258.5434

[email protected]

http://mitsloan.mit.edu/mba