MIT Sloan MBA Class of 2023 Reflects a Year of Adaptation
The MIT Sloan MBA Class of 2023 profile reflects the school’s efforts to be flexible for students facing the challenges of the pandemic and economic uncertainty. This year the class numbers 450, down from the expanded 484-member class enrolled in the fall of 2020. Sloan credits the diversity of skills and experience of students as critical to the MBA program.
Here are some key elements of the profile:
|Median Undergraduate GPA||3.59|
|Percent majoring in arts, humanities, social sciences||10%|
|Percent majoring in science, technology, engineering, and math||45%|
|Percent majoring in business||18%|
|Median GMAT Score||730|
|GMAT Score (Middle 80%)||690-760|
|GRE Quant Range (Middle 80%)||158-169|
|GRE Verbal Average (Middle 80%)||157-168|
|Countries Represented (by citizenship)||64|
|Average Work Experience||5 Years|
Student Diversity in the MIT Sloan Class of 2023 Profile
The class is 43% international students, up 10% from last year, and represent 64 countries. Women make up 44% of the class, a 6% rise over 2020.
Underrepresented US minority students make up 23% of U.S. citizens or permanent residents in the class. These are students who identify as Black, Hispanic, American or Alaska Native, or Native Hawaiian or other Pacific Islander. MIT Sloan uses multidimensional race and ethnicity reporting in addition to federal reporting standards to more accurately represent the identities of the students, as this method allows students to be counted as every race and ethnicity with which they identify.
Professional and Undergraduate Experience
Naturally, MIT Sloan attracts STEM students. A third of the MBA class comes with an undergraduate degree in engineering. Economics majors make up 19% of the class, business majors 18%, and math and science majors comprise 9% of the class. Social science rounds out the top five undergraduate majors with 6%.
It is important to note that although the class profile includes robust GMAT and GRE scores, MIT Sloan relaxed testing requirements for the 2020-21 admission season. Applicants were allowed to apply and some were admitted without a test score, thus those results do not include every enrollee.
The average professional experience of the MBA class is five years. Twenty-two percent have a background in consulting, 21% worked in financial services, and 16% were in the technology industry. Government, non-profit, and education sector professionals make up 12% of the class, and 7% were in pharmaceutical, healthcare, or biotechnology.