The Sloan School of Management is the business and management school of the Massachusetts Institute of Technology. It is located in Cambridge, Massachusetts. The Massachusetts Institute of Technology (MIT) is not only one of the most well known institutes in the world, it is also counted among the most revered.
As a result, an academic program at the Sloan School of Management is one of the best investments of time, effort and money a student can make in order to have a qualification that is revered and respected all over the world. This article aims to give some information regarding the Sloan School of Management and the various programs it offers. Read on for more information.
The Sloan School of Management was established in 1914. It has the motto – ‘To develop principled, innovative leaders who improve the world and to generate ideas that advance management practice’. The school has an endowment of around $657 million. The dean of the Sloan School of Management is David Schmittlein. The approximate enrollment stats stand at 976 graduate students and 263 undergraduate students.
The Sloan School of Management offers a plethora of different programs suited for people of different backgrounds with different career desires. There are degrees at the undergrad, grad and doctoral levels. Working executives will also find the executive education programs (non-degree) useful. The flagship and the biggest program of the Sloan School of Business is the MBA (Master of Business Administration) degree.
The MBA program is closely related to another program at Sloan, the SM (Master of Science in Management) program. Before 1995, the SM was the main program at Sloan. The degree involved a dissertation to be submitted. However, after 1995, The MBA degree has been awarded by the Sloan School of Management without a dissertation component (keeping in line with the practice adopted by other business schools). The SM program still exists and students participating in it have to submit a dissertation. The two programs are considered almost equivalent in the industry, but for consideration in further studies, the SM degree is given preference.
Another addition MIT Sloan School of Management has done to its MBA program is that an Entrepreneurship and Innovation component has been added for people who intend to become entrepreneurs and businessmen.
The MIT Sloan School of Management also awards research based PhD (Doctor of Philosophy) degree in management and related sciences. This degree is being awarded by the Sloan School of Management since 1960. The entry, like all other programs, is extremely competitive, with only about 4 % applicants gaining entry.