Massachusetts Institute of Technology (MIT): Ranking, Courses, Admission, Fees, Scholarships & Placements

Massachusetts Institute of Technology (MIT) Highlights

The Massachusetts Institute of Technology (MIT) is the most significant hub for education, research, and innovation. Situated in Cambridge, Massachusetts, MIT has pushed the boundaries of knowledge since its inception in 1861. MIT has a sharp focus on science, engineering, technology, and programs of other disciplines that have been crucial to shaping the modern world. The university consistently earns top ranks in the world. According to prominent ranking organizations, such as Quacquarelli Symonds (QS), MIT is the highest-ranking university to study in the USA and the world. Sources such as the U.S News & World Report Ranking gave MIT the number 2 spot. Such stellar rankings signify that MIT is where ambition gets a platform.

MIT is highly exclusive and one of the most competitive universities in the USA, with a strict acceptance rate of 4.1%. Therefore, to study in the USA and to be an MIT student, one must excel in their chosen field. The school is also one of the most diverse universities in the world. About 29.1% of the students outside of the USA enjoy a diverse campus.

The Massachusetts Institute of Technology has several key points that make it one of the world's most valued establishments of higher education. Some of the university’s key features are:

• The university has a strong alumni network with an extensive list of notable alumni. Potential students will get a chance to connect to these individuals who have excelled in various disciplines at all levels.
• MIT’s OpenCourseWare (OCW) provides the university with a comprehensive collection of course material available online at no charge. Therefore, aspiring learners across the globe can gain knowledge without barriers.
• MIT has a strong vision of solving complex real-world problems. To achieve this ambition, the university provides its students with state-of-the-art laboratories. MIT also has virtual and augmented reality labs.
• The university has a considerable focus on the health and well-being of the students. For this, MIT has invested heavily in health and wellness centers, sports, and recreational facilities.
• Lastly, MIT has a robust interdisciplinary approach to imparting knowledge. Apart from STEM courses, the university is also highly regarded for its courses in arts and humanities.

Massachusetts Institute of Technology (MIT) Acceptance Rate

Massachusetts Institute of Technology has an acceptance rate of 4- 5%. The Massachusetts Institute of Technology (MIT) is known for its competitive selective process and exceptionally low acceptance rates, reflecting its status as a premier university for science, technology, engineering, and mathematics courses.

The recent acceptance rates of MIT:

• Class of 2028: MIT received 28,232 applications and admitted 1,275 students, resulting in an acceptance rate of 4.52%
• Class of 2027: Out of 26,914 applicants, 1,259 were admitted, yielding an acceptance rate of 4.68%.

The number of applications to MIT has been increasing, with a 1.59% growth between 2021 and 2022. However, the number of admissions offers declined by 2.05% during the same period, indicating intensified selectivity. 50% of the students who got admitted to Massachusetts Institute of Technology have a SAT score of 1510 and 1580 and ACT scores of 30 to 36. MIT is committed to affordability, with 79% of undergraduates receiving some form of financial aid. The average aid amount is $45,591, significantly reducing the net cost of attendance. International or Indian students should demonstrate exceptional academic achievements, high standardized test scores, and a strong alignment with MIT's mission to increase their chances of admission.

Massachusetts Institute of Technology (MIT) Rankings

Selecting the right university is an essential step in shaping your academic and professional future. In today’s competitive world, university rankings serve as a critical resource for students, parents, and educators to assess the quality and suitability of institutions. The Massachusetts Institute of Technology (MIT) excels in science, technology, engineering, and mathematics (STEM) and always ranks in the top 5 universities in the USA.

Recent rankings of MIT:

• QS World University Rankings 2025: MIT secured the #1 position for the 14th consecutive year, underscoring its sustained academic excellence.
• U.S. News & World Report 2025: MIT is ranked #2 among National Universities, highlighting its leadership in higher education.
• Times Higher Education World University Rankings: MIT consistently places within the top five globally, reflecting its strong performance across teaching, research, and international outlook.

Subject-specific rankings

• Engineering and Technology: Ranked #1 globally, MIT leads in fields such as aerospace, mechanical, and electrical engineering.
• Computer Science: MIT holds the #1 position worldwide, emphasizing its influence in artificial intelligence, robotics, and cybersecurity.
• Physics: Also ranked #1 globally, MIT is at the forefront of quantum mechanics and astrophysics research.

Massachusetts Institute of Technology Fees/ Cost

Understanding the Massachusetts Institute of Technology fees or costs is crucial for prospective students and their families. This comprehensive overview details the costs associated with an MIT education, including tuition, fees, living expenses, and available financial aid options.

Undergraduate Tuition fees at MIT

• Tuition: $61,990 per year. MIT subsidizes the total cost of tuition for every student, as the actual cost of providing education exceeds this amount.
• Student Life Fee: $396 annually. This fee supports various campus activities and services.

Graduate Tuition and Fees

• Tuition: $63,393 per year.

Massachusetts institute of technology fees for Indian students

Understanding the financial commitment required to attendthe MassachusettsInstitute of Technology (MIT) is crucial for Indian students. Below is a detailed breakdown of the estimated annual tuition fees for undergraduate and postgraduate programs at MIT in Indian rupees.

MIT university fees - Course wise

The below details a comprehensive breakdown of tuition fees and housing costs for MIT’s top programs, including Undergraduate Degrees, MBA, Master of Finance, Master of Business Analytics, and specialized courses like Supply Chain Management. With detailed insights into costs in both USD and INR, this resource is designed to help Indian and International students make informed decisions.

Massachusetts Institute of Technology (MIT) Admission requirements

1. Academic Excellence

• High School Performance: MIT does not specify a minimum GPA; however, admitted students typically have outstanding academic records, often graduating near the top of their class. A strong foundation in mathematics and science is essential.

• Standardized Tests: MIT requires all applicants to submit standardized test scores. The middle 50% of admitted students score between 1510 and 1580 on the SAT or between 34 and 36 on the ACT.

2. Standardized Testing Requirements

• SAT or ACT: All applicants must submit scores from either the SAT or ACT exams. MIT super scores these tests, considering the highest section scores across multiple test dates.

• English Proficiency Tests: Non-native English speakers are strongly recommended to take the TOEFL or IELTS exams to demonstrate proficiency in English.

3. Extracurricular Involvement

MIT values well-rounded individuals who demonstrate leadership, initiative, and passion through extracurricular activities, community service, and personal projects. Engagement in activities that showcase creativity, collaboration, and problem-solving skills is highly regarded.

4. Letters of Recommendation

Applicants must submit two letters of recommendation:

• Math/Science Teacher: One letter from a teacher in mathematics or science.

• Humanities/Social Sciences Teacher: One letter from a teacher in the humanities, social sciences, or language arts.

5. Essays

MIT requires applicants to respond to several short essay prompts. These essays allow candidates to showcase their personality, experiences, and alignment with MIT's values.

6. Interview

An interview with an MIT Educational Counselor (EC) is part of the application process. While not mandatory, it is highly recommended as it provides a personal dimension to the application.

7. Application Deadlines

• Early Action: Application due by November 1.

• Regular Action: Application due by January 1.

Early Action applicants receive decisions in mid-December, while Regular Action applicants are notified in mid-March.

8. Application Fee

A non-refundable application fee of $75 is required. Fee waivers are available for eligible applicants.

9. Additional Considerations

MIT practices holistic admissions, considering each applicant's unique context, challenges overcome, and potential contributions to the MIT community. There are no strict cutoffs for test scores or GPA; instead, the focus is on the overall fit and readiness for MIT's rigorous environment.

Massachusetts Institute of Technology Courses and Fees

Massachusetts Institute of Technology (MIT) Intakes

• MIT typically offers admissions for the Fall semester only, with the academic year starting in August.
• Applications are accepted during the admissions cycle that usually opens in the fall of the preceding year, with deadlines in January for regular decisions.

Massachusetts Institute of Technology (MIT) Accommodation

Students aspiring to study at MIT get to choose from various accommodation options. The two main options are:

University Housing and Dorms

About 70% of MIT undergraduate students opt to live on the campus. On-campus accommodation at MIT is known for its remarkable residence halls, recreational centers, and dedicated assistance to students. On-campus housing also includes high-speed internet connection, electricity, and heat.

Off-Campus Housing

Students who value their space and more autonomy can choose off-campus rentals. These properties are spread across the Boston-Cambridge area, offering students many options.

Note: The tuition fees are subject to modification depending on the course of choice.

Massachusetts Institute of Technology (MIT) Living Cost

The approximate cost of living that a student can expect while studying at MIT is as follows:

• Rent- $1808 or 1.4 Lakh INR (off-campus accommodation)
• Transport- $132 or about 10,000 INR
• Utilities- $181 or roughly 15,000 INR
• Food & drinks- $406 or roughly 33,500 INR

Massachusetts Institute of Technology (MIT) Scholarships

Some of the popular scholarships offered by MIT are:

• Fulbright-Nehru Master’s Fellowships: This scholarship is granted to students with a minimum score of 55% in their bachelor’s and at least 3 years’ worth of work and community experience. The scholarship covers the tuition fee and part of the living expenses.
• Debesh-Kamal Scholarship for Higher Studies: The preferred candidates for this scholarship are those below the age of 30 years. Winners of this scholarship receive a sum of 1,00,000 INR for tuition fees.
• Inlaks Shivdasani Foundation Scholarships: To be eligible for this scholarship, the individual must be below the age of 30 and should have scored at least 70% in their bachelor’s. Up to $100,000 benefits are given to selected individuals.

Other scholarships offered by MIT are:

• KC Mahindra Education Trust Scholarship
• JN Tata Endowment for Higher Education of Indians
• Narotam Sekhsaria Foundation Scholarships

To know about the USA study visa requirements, click here.

Massachusetts Institute of Technology (MIT) - Placements

MIT offers placement support to more than 90% of its graduates within 3 months after graduation. MIT graduates usually earn higher wages than the national average (about 30-40% more). Some of the renowned companies where MIT graduates get to work are Google, Apple, Amazon, IBM, Goldman Sachs, American Express, and so on. Some of the most paying fields and their salaries are as follows:

• Software Engineer- Average salary of $115,500 or 94.71 lakhs INR
• Data Scientist- Average salary of $111,300 or 91.25 lakhs INR
• Aerospace Engineer- Average salary of $97,500 or 79.94 lakhs INR
• Research Scientist- Average salary of $112,100 or 91.91 lakhs INR

Massachusetts Institute of Technology placements

• Employment Rate for Undergraduate: Approximately 50.3% of bachelor's degree recipients were employed full-time, while 40.8% pursued further studies.
• Employment Rate for Postgraduate: 76.5% of master's degree recipients secured full-time employment, with 12.2% continuing their education.

MBA Program Outcomes:

• Employment Rate: Within three months of graduation, 90.2% of MBA graduates received job offers, with 86.9% accepting them

Doctoral Program Outcomes:

• Post-Graduation Plans: 79% of doctoral graduates secured definite commitments for postdoctoral or other employment positions.

Top Employers of MIT

MIT graduates are highly sought after by top-tier organizations, including:

• Technology Giants: Google, Microsoft, Apple, Amazon, Tesla
• Consulting Firms: McKinsey & Company, Bain & Company, Boston Consulting Group
• Financial Institutions: Goldman Sachs, JPMorgan Chase & Co., Bank of America
• Healthcare Leaders: Amgen, Pfizer
• Government Agencies: Various U.S. federal and state departments

FAQs About Massachusetts Institute of Technology (MIT)

1. What are the entry requirements for undergraduate programs at MIT?
Applicants need outstanding academic records, high standardized test scores (SAT or ACT), and strong letters of recommendation.

2. How much does it cost to study at MIT?
Tuition fees for undergraduate programs are approximately $57,000 per year, with additional costs for room, board, and other expenses.

3. Does MIT offer financial aid?
Yes, MIT provides need-based financial aid to students based on their family's financial situation, with a commitment to meeting 100% of needs started needs.

4. What are the accommodation options at MIT?
MIT offers various on-campus housing options, including dormitories and living-learning communities, designed to support student life and academics.

5. Can international students work while studying at MIT?
Yes, international students can work on-campus and may be eligible for certain off-campus employment opportunities with appropriate authorization.

Other Universities in the USA that you might be interested in,