The document provides information about the MIT Sloan MBA Program including:
1) A profile of the MBA Class of 2013 which shows diversity in age, work experience, country of origin, and undergraduate degrees.
2) Quotes from students and faculty praising the one-semester core curriculum for providing a rigorous foundation and opportunities to learn from peers and experts.
3) Details about career resources provided by the Career Development Office to help students explore options and obtain jobs in consulting, banking, technology and other industries.
2. “The world knows a lot about MIT, but
some of the most remarkable things you
just can’t know until you get here. For
example, the incredible energy of the
place. There’s a kind of crackling drive
and curiosity that fills the air. MIT feels
like a stadium with no seats—everyone is
in the game, sometimes 24 hours a day.”
Susan Hockfield, MIT President
MBA Class of 2013 Profile*
Age range 21–43
Work range 0–11
Mean years’ work experience 5
GMAT range (middle 80%) 660–750
Mean GMAT 711
Females 38%
Males 62%
U.S. citizens 57%
U.S. permanent residents 4%
International 39%
Africa < 1%
Asia 17%
Europe 8%
Middle East 2%
North America 63%
Oceania < 1%
South America 9%
Undergraduate Degrees
Business and Commerce 21%
Computer Science 3%
Engineering 36%
Humanities, Arts, and
Social Sciences 32%
Science and Math 8%
*As of June 1, 2011 n=398
3. 4 The one-semester Core
6 The classroom
8 Career opportunities
10 Alumni network
12 The MIT in MIT Sloan
14 Community
16 Action learning
18 rincipled leadership
P
2
0 inance
F
2 Innovation
2
2
4 Sustainability
2
6 Engagement
2
8 Combined degrees
exchange programs
3
0 Loans scholarships
2 Apply now visit
3
4.
5. “MIT Sloan is a culture of doers. Engaged students are driving high-
powered projects, but it’s low key. Even if a fellow student has just
started a business that is having a huge impact on a global scale,
it’s no big deal here. Nobody brags. Everyone is too busy doing
and helping others do.”
Jon Gensler, MBA/MPA ’11
Read more about what these and other MIT Sloan students are doing
at MIT and around the world:
Shayna Harris, MBA ’11
Undergrad: International Relations Political Science, Boston University
B
efore MIT Sloan: Fulbright Scholar in rural Brazil; led national and global campaigns to encourage corporate social
responsibility and economic development for Oxfam and other organizations
At MIT Sloan: ofounded MIT Food and Agriculture Collaborative; cofounded NGO startup Supply Change,
C
runner-up and winner of the Audience Choice Award, MIT $100K Elevator Pitch Contest
Guillaume Fernet, MBA ’11
Undergrad: Engineering, École Polytechnique, Paris
efore MIT Sloan: Senior management roles in finance and operations at British and French utilities companies
B
At MIT Sloan: iebel Scholar; Co-president, MIT Energy Club; judge, MIT Clean Energy Prize; Sponsorship Director,
S
MIT Energy Conference
Vanessa Green, MBA ’11
Undergrad: Environmental Studies, Dartmouth College; SM, Civil Environmental Engineering, MIT
B
efore MIT Sloan: Cofounder, Community Water Solutions, Ghana; Manager of Engineering and Environment,
TECOM Investments, Dubai
At MIT Sloan: Founder CEO, OnChip Power; Managing Director, MIT Energy Conference
David Auerbach, MBA ’11
Undergrad: American Studies, Yale University
B
efore MIT Sloan: Headed Partnerships, Policy, and Outreach Division, Endeavor; Deputy Chair for Poverty Alleviation,
Clinton Global Initiative; Yale-China Teaching Fellow
At MIT Sloan: Cofounded Sanergy, winner of the 2011 MIT $100K; Co-president, MIT Sloan Entrepreneurs for
International Development
Limor Zehavi, LGO ’12
Undergrad: Industrial Engineering and Management, Technion-Machon Technologi Le’ Israel
B
efore MIT Sloan: Industrial engineer, EL AL Airlines
At MIT Sloan: Organized Domestic Plant Trek across the United States and the International Plant Trek across South
America; honored with the Charles “Harrison” Smith III Memorial Award for leadership activities
6. 4 5
The foundation
The one-semester Core is the key to the dynamism and
flexibility of the MIT Sloan MBA Program. “Core” refers
to the essential knowledge that students build during
this very intensive first semester, giving them a rigorous
foundation upon which to design the next three semesters
The one-semester Core: of their MBA experience.
The MIT Sloan MBA class is strategically small—about
building a foundation 400 students—and represents approximately 65
countries. Students are grouped together in diverse
teams of six or seven as part of a larger cohort of 67
who remain together in all Core classes. Study team
“Bottom line: the Core semester experiences and group field projects during the Core
semester turn students into lifelong global team players.
is confidence building.” Many students and alumni consider this Core model—
a strong foundation followed by broad exploration—to
Jon Gleicher, MBA ’12 be one of the most significant differentiators of the
MIT Sloan experience and key to the extraordinary
value the program delivers.
“The one-semester Core program is short, rigorous, and necessary. We learn a lot
very quickly. It’s an opportunity to make mistakes within a safe community during
a period that is, basically, nonstop teaching and learning moments.
The quality of the people you meet and the relationships you build are amazing.
We all bring something special to the table. My background is not in business or
technology, it’s in teaching and nonprofits, but I felt I had a lot to contribute.
When December rolls around, you realize you have the foundation skills you
need to pursue your agenda—and the analytical rigor necessary to approach any
problem. That reputation for rigor is well known. You find doors open wherever you
go, across MIT and out in the world.”
Jon Gleicher, MBA ’12
7. How it works
The fall term of the first year—the
one-semester Core—features required
courses that give students a rigorous
foundation in any area of business:
• Economic Analysis for Business Decisions
• Data, Models, and Decisions
• Communication for Leaders
• Organizational Processes
• Financial Accounting
Students choose one of these electives
during the Core semester:
• Finance Theory I
• Marketing Management
During the one-semester Core, students
pursuing the Entrepreneurship and
Innovation Track or the Finance Track
work with industry experts on real-world
problems in these proseminars:
• Introduction to Technological
Entrepreneurship
• Introduction to the Practice of Finance
“We have the quantitative and the analytical
but we also have the collaborative skill
and the breadth of knowledge—that’s a
significant combination.”
Bethany Logan Ropa, MBA ’08
Associate Director, UBS Investment Bank
8. 6 7
“I cherish the emphasis on cutting-edge
research and the fact that we’re encouraged
to bring it right into the classroom. One of
my favorite things about teaching at MIT
Sloan is the diversity and high quality of
The classroom: students. They are eager to learn new things,
they think independently, and they’re willing
learning on the leading edge
to tackle difficult issues. By that I don’t
mean mathematical problems, but rather
that they are eager to think through complex
issues even in cases where research has not
been able to find ‘cookbook solutions.’ ”
“The classroom experience is special at MIT Sloan Antoinette Schoar, Michael M. Koerner
(1949) Professor of Entrepreneurship
because it’s a multidirectional flow of learning—the and Professor of Finance; 2009
winner, Ewing Marion Kauffman Prize
students learn from the faculty, from one another, Medal for Distinguished Research in
Entrepreneurship
and the faculty learn from the students.”
Renée Richardson Gosline, Assistant Professor of Marketing
Unprecedented flexibility
Students come to MIT Sloan because they want to
accomplish big things, and they need latitude to do
that—the flexibility to move across a virtually boundless
landscape of opportunity. MIT Sloan students choose 75%
of their coursework from a broad and deep selection of
electives. The pedagogy is a hybrid of the qualitative and
the quantitative, rigorous classroom learning and global
action-learning experiences, case study analysis and frank
discussions with corporate and government leaders. And
because of the small class size, MIT Sloan students have the
opportunity to establish close, mentoring relationships with
faculty, who are renowned experts in their fields.
9. “I enjoy the course load more
because it is a schedule that
I was able to create.”
Josh Rider, MBA ’12
Renée Richardson Gosline,
Assistant Professor of
Marketing
The World’s Top 40 B-School
Profs Under the Age of 40
“Poets and Quants searched near and far to
uncover this remarkable group of men and
women, some of whom have barely reached
the age of 30, yet they have made a name for
themselves as rising stars in business academia.”
Helping the world digest a crisis From poetsandquants.com.
The former chief economist for the
International Monetary Fund, Simon Johnson Four MIT Sloan professors made the Top 40—
(pictured above), the Ronald A. Kurtz more than any other school:
(1954) Professor of Entrepreneurship, pens • Joshua Ackerman, Assistant Professor of Marketing
influential bulletins from the financial front
in The New York Times’ “Economix” and can • Renée Richardson Gosline, Assistant Professor
be seen dissecting the economic crisis in the of Marketing
Oscar-winning documentary Inside Job. He • Tavneet Suri, Assistant Professor of
also wrote, with James Kwak, the critically Applied Economics
acclaimed book about the financial crisis
13 Bankers: The Wall Street Takeover and the • Zeynep Ton, Visiting Assistant Professor of
Next Financial Meltdown. Operations Management
10. 8 9
By the numbers
MIT Sloan MBA students graduated into jobs in these areas:
Top Industries 2010 2009 2008
Consulting 18.9% 17.2% 24.2%
Career opportunities: Investment Banking
High Technology*
10.7
14.5
8.4
18.9
16.9
17.9
strategizing one-on-one
Pharmaceutical/Healthcare/Biotechnology 11.0 9.8 8.6
*Includes Computers/Electronics, Software/Internet, and Telecommunications
Read the complete 2011 employment report:
“We are thought-partners with our students, mitsloan.mit.edu/cdo/class11.php#hirers
helping them brainstorm their options—one
of the big benefits of MIT Sloan’s relatively
small size.”
Jackie Wilbur, Senior Director, MIT Sloan Career Development Office (CDO)
“The CDO and the faculty are 100% invested in our students’
success. All CDO programs, resources, and services are designed to
empower them to manage their careers and conduct job searches
successfully. The learning model that we deliver during the two
years of the MBA gives us a great vehicle for coaching students
through this process. We begin with Career Core, developed with
MIT Sloan’s faculty to help students understand and articulate the
benefits they will bring to an organization and to the wider world.”
Jackie Wilbur, Senior Director
MIT Sloan Career Development Office (CDO)
11. A strategic portfolio of career resources
The MIT Sloan MBA Program was the first to integrate a career seminar into the Core curriculum
(Career Core), launching students on a focused career path from the very first semester. Developed
by faculty and career experts in the MIT Sloan community, the Career Development Office’s suite of
time-tested programs is designed to provide essential resources, experiences, and access to the right
people, networks, and organizations.
Career Core On-campus recruiting program
Career Core helps students identify their own A-list companies in many industries visit campus
abilities and differentiators and refine their career to recruit students to positions in consulting,
management skills. Integrated into the Core financial services, commercial technologies,
semester—the first semester of the MIT Sloan biotech, and other fields. Approximately 60% of
MBA Program—Career Core is a major catalyst in students obtain their job offers through the on-
helping students take the leap in their careers and campus recruiting program.
“I can’t stress enough the value of the personal
be on their game for recruiting.
relationships we establish with the CDO. When
Treks
I decided to return to retail corporate strategy
Career fair Students travel to New York to sit down with
after a few years of consulting at Boston
Leading recruiters from across the business influential leaders in the banking industry, to
Consulting Group, I leveraged the CDO’s
spectrum converge on campus to get to know Washington to meet with heads of government
resources to connect with an MIT Sloan alum
first- and second-year students. and nonprofit organizations, to Las Vegas to learn
at Converse.”
about the business of entertainment, and to
Dwane Morgan, MBA ’08
Internships marketplace hotspots around the world.
Senior Manager of Strategic Planning
Significant on-the-job career experiences in
Converse Inc.
companies around the world, internships give
students a chance to explore industries, develop
skills, and build relationships with prospective
employers. The intimate class size works to MIT
Sloan students’ advantage when applying for
competitive internships.
“The CDO connected me with the MIT Sloan network
on Wall Street, and I learned everything I needed
to know about UBS from the alums there. Now I’m
working to recruit new MIT Sloan MBAs to UBS.”
Bethany Logan Ropa, MBA ’08
Associate Director, UBS Investment Bank
12. 10 11
By the numbers
• MIT Sloan alumni network: 20,000 in 90 countries
• MIT alumni network: 120,000
Alumni network: • MIT Alumni Association clubs worldwide: 75
connecting to you
“Whatever you’re interested in, there’s an alum out
there doing it and ready to mentor and give advice.
It’s been a huge advantage.”
Elliot Sedegah, MBA ’11
Serial innovator
The Boston Globe recently cited Shuman
Ghosemajumder, MBA ’02, as one of MIT’s great
innovators. The former “click fraud czar” at Google
developed systems to protect advertisers in a $20
billion industry. He joined Google in 2003 as a product
manager for AdSense, led the launch and growth of
the Link Units business, and helped launch Gmail.
Ghosemajumder was the recipient of two Google
Founders’ Awards for significant entrepreneurial
accomplishments. His MIT Sloan MBA thesis “When I was at MIT Sloan, I sought out alums working with companies I was interested in. I was
examined digital distribution. In a bold, public-spirited able to sit down over lunch and talk with them about reaching out to the right hiring managers.
move, Ghosemajumder left Google in 2010 to grow I have been out a few years, but I still rely on that tight network. The MIT Sloan Bay Area
TeachAIDS, a nonprofit organization that develops network is close and supportive—like family. We meet often. People share their experiences
HIV/AIDS prevention education materials. and help each other out.
At Apple, I have tried to help MIT Sloan students, show them around the company, and connect
them with the right people. In fact, Apple has a committee of MIT grads that meets once a
month to strategize on how to recruit more MIT Sloan alums. It’s not just that we’re loyal to
our alma mater. We know that MIT Sloan students are coming from a collaborative, supportive,
noncompetitive culture—the best kind of work ethic in a team environment like Apple.”
Itai Ram, MBA ’09
Product Manager, iPhone/iPad Software, Apple
13. A powerful alumni network that includes leaders
in every facet of the marketplace
“One of the great takeaways from my MIT Sloan experience has been the Joaquin E. Bacardi, III, MBA ’98 Homayoun Hatami, MBA ’00
network. When I was in China a few weeks ago, I had dinner with a friend President and CEO, Bacardi Principal, McKinsey Company
from the program. He’s in Hong Kong now, and we were churning through Corporation
Judy C. Lewent, SM ’72
ideas for new business opportunities there. From Hong Kong, I flew to
Robin Chase, SM ’86 Former Executive Vice President
Canada and had dinner with another former classmate. Anywhere I go in
CEO, GoLoco, and CFO, Merck Co., Inc.
the world, I reconnect with someone from the MIT Sloan network. Whether
Cofounder, Zipcar
I’m looking for a job, a new business opportunity, or just catching up with Brendan Miller, MBA ’04
an old friend, it’s impossible to overestimate the value of the vast global Brad Feld, SB ’87, SM ’88 Green Economy Manager,
network I was able to build. I use it every day.” Managing Director, State of New Mexico
Tolu Adeleye, MBA ’04 Mobius Venture Capital
Saadiq Rodgers-King, MBA ’08
Manager, Group Strategy Development
Entrepreneur, Cofounder,
Pratt Whitney, A United Technologies Company
Hot Potato
Read alumni blogs: mitsloan.mit.
edu/mba/alumni/blogs.php
and profiles mitsloan.mit.edu/
mba/alumni/profiles.php
Admiral Thad Allen, SF ’89,
retired U.S. Coast Guard
Commandant, shares his
thoughts on leadership through
the Gulf oil spill crisis.
14. 12 13
Cross-campus exploration
Want to know the secret to making perfect sushi?
Understand the inner workings of the stock market?
Learn how to tell stories for fun and profit? Every January
during Independent Activities Period (IAP), members
of the MIT community reach out and share their
The MIT in MIT Sloan: knowledge, offering more than 700 classes to the
wider Institute community.
collaborating across campus
An interim session between the first and second
semesters, IAP offers serious academic subjects for
credit as well as high-octane diversions like The Hottest,
the Coldest, the Highest, the Deepest, and the Most
“Some of the smartest, most innovative people in the Foreign Places on Earth or MIT’s legendary Mystery Hunt.
The sole common denominator is the joy of learning
world are on the MIT campus, and they know that something—or many things—just for the thrill.
web.mit.edu/iap/
the key to moving an idea from concept to reality is
collaborating with their peers in the business school.”
Navin Gupta, MBA ’09, Financial Technology Infrastructure Development, Morgan Stanley
Mens et Manus
MIT’s motto mens et manus (mind and hand)
is very much a working credo. Putting ideas
into action is the fundamental principle
underlying the Institute’s approach to
knowledge creation, education, and research.
At MIT Sloan, mens et manus manifests itself
in a rigorous hands-on curriculum that offers
students the chance to build a deep reservoir “MIT Sloan is integrated into the larger university more than any other business school I know.
of knowledge and immediately put that What that means for me in the field of energy is the ability to leverage MIT’s vast energy
knowledge to work in the world. ecosystem—probably the most valuable on Earth. To be successful in energy, you have to
understand business, management, and finance, but also politics, chemistry, and advanced
technologies. At MIT Sloan, I can interact with and learn from students, alumni, and faculty
from these other disciplines in courses, in action labs, and in the MIT Energy Club [Fernet is
co-president]. Collaborating across functions and disciplines is fun—and it’s a skill set that
employers value very highly.”
Guillaume Fernet, MBA ’11
15. David Auerbach MBA ’11 and
Ani Vallabhaneni, MBA ’11
Sanergy: building sustainable
urban sanitation
“When we conceived of this idea in MIT’s
Development Ventures class…we knew that
it was going to take a village to succeed.
How do you aim to build 6,000 toilets solo?
Fortunately, MIT attracts the ideal villagers…
out of the MIT woodwork have appeared
committed designers and engineers.
It takes capital to fly to Kenya, to set up
workshops, and to learn from experts in
other parts of the world. At every turn,
the MIT Public Service Center, the IDEAS
Competition, the IDI, and the Legatum
Center found dollars for us to do that.
In the heart of the University of Nairobi, MIT
established a Fab Lab, which ensured that
we were able to develop 3D renderings of
our design before making costly molds.
The support of the MIT E-Center has
been incredible in giving us space, coffee,
printing…and endless encouragement.
And...the MIT100K. It took all of our work
in business school—pricing strategies,
financial models, conjoint surveys—to put
together the business plan, yet we doubted
that venture capitalists and industry leaders
would be swayed that our work has clear
financial and social impact. They amazed us
with their confidence.
Thank you for believing in us on this
incredible journey.
Peace, love and sanitation!”
Excerpts from the blog “Sanergy:
An MIT Love Story.” Read more about
Sanergy including the full blog entry:
saner.gy
16. 14 15
It’s a wonderful town
MIT is positioned in the center of one of the
most exhilarating urban centers in the U.S.
Boston is distinguished by its architectural
beauty, a setting between the ocean and a
winding river, dozens of museums and parks,
Community: and a sports fever that grips the town every
season of the year.
inspiring invention, ingenuity fun Boston is also within easy driving distance
of skiable mountains, rolling farmland,
and other important urban centers. And
you can actually hop a subway train to the
“The deciding factor for me was the culture at MIT Sloan. beach. Cambridge, the home of MIT Sloan,
only a few minutes’ walk from Boston, has
People are famously unpretentious and down-to-earth enumerable riches of its own, including a
village vibe, great music, adventurous food,
and one of the most diverse and educated
here, yet diverse, interesting, and very accomplished.” populations on Earth.
Alice Hartley, MBA ’12
No place like it on Earth
Everybody says it. The culture of MIT Sloan,
and the larger MIT community it’s a part of, is
unlike any other institution of higher learning.
The division between work and play is almost
nonexistent, not because students work all
the time, but because they tackle whatever
they’re doing with the same characteristic
spirit of adventure. Their personal and
professional interests often intersect, and
they spend their time at MIT Sloan exploring
the ideas and challenges they find rewarding. Off-hours are very much on
It’s the kind of friendly and inclusive culture MIT Sloan plays like it works—with ingenuity
where one student’s infectious enthusiasm and a voracious appetite for connecting with
for sailing can generate a fleet of fellow people and finding novel ways to have fun.
sailors by week’s end. Thus, the C-function or cultural function.
Open to the entire graduate community,
including faculty and staff, significant others
and families, MIT Sloan C-functions usually
celebrate a theme, from edge-pushing
Japanese fashion to Brazilian BBQ.
17. Why MIT Sloan?
“Students are amazingly collaborative here. It’s a very warm
community. We look out for each other, and I know I’ll have this
support system for the rest of my personal and professional life.”
Jen Tutak, MBA/MPA ’12
“I was surprised to come to a place with so many high achievers and
not get any sense of competition. Because of that comfort level, you
find yourself wanting to try something new, something completely
outside your comfort zone.”
Limor Zehavi, LGO ’12
“I never expected to be able to make such
an impact on the world.”
Tyler Spalding, MBA ’11
“This is very much a bottom-up environment. Students make the
experience what they want it to be and have a lot of flexibility to run
things, shape things, change things. It’s a community of collaborators.”
Shayna Harris, MBA ’11
“There’s such a strong sense of
family here, and I feel very much a
“The program is international in its student part of the program. I traveled to
body and also in its attitude. People in this Israel, Costa Rica, Colombia, Iceland,
program—and across MIT—don’t think and Thailand with members of the
about borders. We think about where in class on study tours and treks.”
the world we should go to find out what Alexis Przybylski, President
we need to know, then we go there.” Emeritus, Significant Others Club
Darren Nix, MBA ’11
“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 build on each other’s ideas.”
Luiz Flavio Sampaio, MBA ’11
“It’s probably one of the most diverse
programs out there. You don’t feel that any
one nationality is represented more than any
other—it seems like people just come from
the world.”
Guillaume Fernet, MBA ’11
Find other student voices on the pages of the MIT Sloan
student blog: mitsloanblog.typepad.com/mba2012/
18. 16 17
Action learning:
developing experience
“Our India Lab project was life-changing
for us and, potentially, for thousands
in the communities of Tamil Nadu.”
Jen Tutak, MBA/MPA ’12 The business adventures of a lifetime
Read the MIT Sloan India Lab blog: The rigor of the MIT Sloan MBA experience extends from challenges in the
actionlearning.mit.edu/india-lab/Press.html classroom to those facing companies large and small around the world.
• Action Labs—student teams travel the world to solve company challenges and
humanitarian crises.
• Treks—fact-finding expeditions focus on specific careers and geographic regions
sponsored by student clubs and industry subgroups.
• International Study Tours—as part of the Special Seminar in International
Management, students embark on working tours of global business centers.
Blogging on tour
“More than any other experience at [MIT] Sloan, the study tour has made me • Clean Energy Tour
feel proud to be part of such a smart, diverse, and intellectually curious group of mitsloanblog.typepad.com/mit_clean_energy
people. The hours we spent in planes, trains, and buses gave us a chance to sit next • Business of Water in Asia
to classmates we don’t typically interact with and learn about their backgrounds mitsloanblog.typepad.com/business_of_water
in law, real estate, civil engineering, public health, investment banking, and public
policy. During every company visit in Asia, our group could always be counted on • European Luxury Industry Study Tour
to listen respectfully to company executives [and] ask poignant questions. I found mitsloanblog.typepad.com/european_luxury
it fascinating to be able to digest findings from the meeting through the different • Agriculture Innovation in Brazil and India
lenses of our classmates.” mitsloanblog.typepad.com/springtrip2010/
Matt Nespoli, MBA ’12
Excerpts from the Business of Water in Asia study tour blog:
mitsloanblog.typepad.com/business_of_water
19. The Action Labs
• Entrepreneurship Lab (E-Lab)
• Global Entrepreneurship Lab (G-Lab) “The Minority Business Club (MBC) has been a huge part of my action-learning
experiences at MIT Sloan. We bring together people from all walks of life and
• China Lab
cultural backgrounds, then leverage our diversity to learn from each other and
• Global Health Delivery Lab (GHD-Lab) collaborate on projects that extend what we’re focusing on in classes and labs.
• India Lab When the MBC entered the National Black MBA Case Competition, our challenge
was to create a strategy for a current Chrysler initiative—how to market effectively
• Leadership Lab (L-Lab)
to the African American community. At the finals, we got to pitch our ideas to a
• Sustainable Business Lab (S-Lab) panel of Chrysler’s senior executives, which gave us a very real preview of what is
necessary to engage and influence the highest echelon of leaders.”
Elliot Sedegah, MBA ’11
Clubs: mobilizing the community
Clubs at MIT Sloan organize authentic professional
experiences for their members—treks to industry centers,
for example, and conferences that draw participants from
all over the world. Among the dozens of clubs devoted to
professional, cultural, and recreational interests are:
“It will be exciting to watch Brazil’s rise as
a developed nation and gratifying to have • Business in Gaming Club • Sales and Trading Club
first-hand perspective on topics that will
• Quantitative Finance Club • MIT Sloan Entrepreneurship
become part of the global conversation
Club
on Brazil.” • Marketing Club
Saeed Coates, MBA ’12 • Student Entrepreneurs for
• Energy and Environment
Excerpts from the Business of Education International Development
Club
in Brazil study tour blog: (SEID) Club
mitsloanblog.typepad.com/business_of_ • Management Consulting
• Venture Capital and Private
education/ Club
Equity (VCPE) Club
Read more about MIT Sloan student clubs:
mitsloan.mit.edu/mba/experience/clubs.php
20. 18 19
The Four Capabilities
Framework
Developed by MIT Sloan faculty and tested
in industry settings, the Four Capabilities
Framework (FCF) is a powerful tool for
Principled leadership:
understanding and practicing leadership.
The leading-edge model helps students
discover their individual leadership
creating impact in the world credos, drawing upon personal values,
skills, experiences, and perspectives to
build trust and respect.
“MIT Sloan equipped me as a leader to manage across Visioning
disciplines, deconstruct a complex problem and
analyze its component parts, recognize opportunity—
and create opportunity where none exists.” sensemaking leadership
signature
Relating
Heather Tow-Yick, MBA ’07, Founding Executive Director, Teach for America, R.I.,
member emeritus of the MIT Sloan Student Senate
inventing
Organizing premier
industry events
Student clubs are professional engines
at MIT Sloan. Members take significant
leadership roles within their fields by
organizing conferences, symposia, and
other major industry events such as:
• SWIM Conference (MIT Sloan Women
in Management) Sports Analytics Conference The MIT Leadership Center
• Marketing Conference
shoots to forefront The MIT Leadership Center organizes
Organized by the MIT Sloan Entertainment, seminars that include real-time simulations,
• Africa Business Conference Media Sports Club, the Sports Analytics up-close and personal sessions with
Conference has become one of the industry’s senior executives, practitioner panels and
• BioInnovations Conference presentations, skill-building workshops,
premier events. The 2011 event included an
• Investment Management Conference: A-list roster of sports leaders from Sunil Gulati, and activities that provide opportunities
Investing Post Crisis U.S. Soccer Federation president, to Daryl for self-assessment and reflection.
Morey, MBA ’00, general manager of the sloanleadership.mit.edu
Houston Rockets.
21. “When I work on a project with engineering students, there’s an expectation that
I, as the MBA in the room, will be setting goals and creating implementation
strategies. And there’s so much interdisciplinary collaboration happening
between MIT Sloan and the rest of MIT, it’s impossible for an MBA student to
leave here without having assumed a significant leadership role. Helping launch
Candid exchanges
the MIT Food and Agriculture Collaborative (MITFAC), for example. Elizabeth with global leaders
Greene, MBA ’10, and I hosted a couple of MIT-wide brainstorming sessions Several hundred of the world’s finest leaders
about global food production, marketing, and distribution. It was up to us travel to campus every year to talk with MIT
to provide the vision and structure that would move the group beyond idea Sloan students about the realities of leadership
generation to concrete action. Now, I’m using the distributed leadership model— in the 21st century. As part of the Dean’s
part of the Four Capabilities Framework—to help cultivate the next generation Innovative Leader Series, students engage in
of MITFAC leaders.” frank discussions with the leaders who are
Shayna Harris, MBA ’11 shaping the present and future marketplace,
from corporate icons like Ursula Burns,
chairman and CEO of Xerox Corporation, to
political movers and shakers like José Aznar,
former prime minister of Spain, to leaders who
have distinguished themselves in the face of
impending crises like former U.S. Airways pilot
Chesley “Sully” Sullenberger, CEO of Safety
Reliability Methods, Inc.
Read/listen to/watch past speakers at MIT Sloan:
mitleadership.mit.edu/r-lessons.php
mitworld.mit.edu/series/view/84
MIT Sloan Innovation Period (SIP)
SIP is an MIT Sloan curricular innovation in
which students undertake one immersive
week of intense leadership study. “Core SIP”
provides a common experience for all first-year
students and serves as an anchor for ethics
and leadership development. Set apart from
the rest of the 13-week semester, classes like
these provide experiential lessons in leadership
and ethics and expose students to leading-
edge faculty research:
• Obstacles, High Ropes, Leadership, and Teams
• 21st-Century Visual Arts Workshop for
Business Leaders
• Leadership as a Lifestyle: A Holistic Approach
to Principled Influence
22. 20 21
Finance Track
The MIT Sloan Finance Track is designed for students
planning on careers in the finance industry. The Finance
Track is built around four foundational courses that delve
deep into the theory and practice of finance, dozens of
electives in six areas of specialization, and a rich selection
Finance: of internships and action-learning experiences, including
treks to major banking centers around the world.
shaping an industry One of the most popular aspects of the Finance Track is
the proseminar, in which student teams tackle research
problems that have been posed by leading experts in the
financial community. The team’s solution is presented at
“I promise my students that what I teach them will a seminar open to the entire MIT community.
Students completing the Finance Track earn a Certificate
have a long shelf life, not the flavor of the week.” in Finance in addition to their MBA degree.
Robert Merton, Nobel Laureate and School of Management Distinguished Professor of Finance
Where the pioneers live on
The MIT Sloan Finance Group,
legendary for the innovations and
advances emerging from its ranks,
was founded in the late 1960s, long
Inventing—and reinventing—finance before many other business schools
Many advances in the study and practice of finance— recognized finance as a distinct field
even the spreadsheet—have emerged from the of study. The Finance Group has 18
research and inspirations of MIT pioneers, both full-time tenure-track faculty and a
faculty and alumni. Just to name a few: research program that spans all the
principal areas of the field.
• Myron Scholes and Robert Merton (along with Fischer
Black) developed what has come to be known as the
Black-Scholes Model—a method used to determine
the fair price of stock options. Merton and Scholes
won the Nobel Prize for their efforts.
“Many of the rock stars of finance are here. I am learning from some of the brightest,
• MIT Sloan alumnus William A. Porter revolutionized
most well-respected, and best-connected names in the industry. I head a real estate
digital stock trading with the founding of E*Trade.
investment company, but want to pursue a complementary career in investment
• Francisco Modigliani, also a Nobel Prize-winner, banking. The way the MBA program is structured, I can follow the Finance Track and
contributed to the development of “the life-cycle also take classes at the MIT Center for Real Estate. Having the flexibility to pursue that
model,” which helps predict where a country’s combination is one of the main reasons I chose MIT Sloan.”
economy might be headed, given its demographic Saeed Coates, MBA ’12
composition.
23. Taking it to the Street
At MIT Sloan, students learn finance during action-learning
experiences in banks, boardrooms, and startups around the
globe through these and many other vehicles:
• Asian Finance Trek • New York Finance Day
• Investment Management • MIT Sloan Finance Club
Conference
• London Finance Day
• MIT Sloan Trading Lab
• Sales and Trading Club
• Quantitative Finance Club
“As the world begins to rebuild its financial infrastructure from the ashes
of this economic crisis, I believe MIT is primely positioned to play a
leadership role in shaping the future through its research and educational
programs. What I teach is what I try to implement in industry—and vice
versa. Students learn foundational tools and concepts that they will call
on again and again—even in the most senior roles and in any sector.”
Robert Merton, Nobel Laureate and School of Management Distinguished
Professor of Finance
Revolution/evolution
Five of the founding fathers of modern
finance—MIT Sloan professors Stewart
Myers, Myron Scholes, Robert Merton, John
Cox, and Stephen Ross—sat down together
recently for a landmark conversation about
the evolution of modern finance. Moderator
Andrew Lo (pictured left), the Harris Harris
Group Professor of Finance and director of
MIT’s Laboratory for Financial Engineering, is a
financial trailblazer himself.
Watch the video: mitworld.mit.edu/video/878
24. 22 23
Fueling ideas with i-Teams
Every semester, entrepreneurial experts
from MIT’s Deshpande Center and the
MIT Entrepreneurship Center select
promising research projects and build a
high-performance student team dedicated
Innovation: to each one. The student “i-Teams” evaluate
the commercial feasibility of marketplace
tapping the entrepreneurial ecosystem
innovations and develop go-to-market
strategies.
“The MIT Sloan entrepreneurial experience has leaped
beyond my expectations. I’m learning essential realities
about starting a business everywhere I turn here,
including the classroom.”
Darren Nix, MBA ’11
The Entrepreneurship
and Innovation track
In the EI track, MBA students build
essential entrepreneurial knowledge in
classes, proseminars, action labs, and
Nexus of the entrepreneurial treks to new-enterprise hotspots around
universe the world. The curriculum emphasizes
If the 25,800 companies founded by MIT team practice linked to real-world ventures
alumni formed an independent nation, and gives students a chance to plug into
“The first week of classes, I sent out an email asking if anybody
combined revenues would make that MIT’s vast management, technology, and
wanted to get together for lunch to talk over startup ideas.
nation the 11th-largest economy in the new enterprise resources. They also have
I expected 10 students—60 showed up. In fact, I ended up
world. Last year alone, MIT Sloan MBAs ample opportunity to tap the School’s
meeting a classmate, Jason Traff, MBA ’11, who was working on
launched more than 40 enterprises. formidable entrepreneurship network
the same idea I was—a new kind of insurance aggregator that
and to sit down with venture capitalists,
entrepreneurship.mit.edu makes it possible to buy car insurance the way you buy airline
industry mentors, and the leaders of
entrepreneurship.mit.edu/sites/default/ tickets on Travelocity. Less than a year later, Jason and I are
enterprises new and venerable. Students
files/files/Entrepreneurial_Impact_The_ about to launch Leaky.com.”
earn an EI Certificate in addition to the
Role_of_MIT.pdf Darren Nix, MBA ’11
MBA degree.
25. “As an MBA student, I’ve been able to leverage MIT’s remarkable entrepreneurial
ecosystem to grow two new enterprises—Community Water Solutions, a venture I started
before coming to MIT Sloan, and OnChip Power, which sprang out of my New Enterprises
class. The MIT $100K invites
The treks, in particular, have been incredibly eye-opening. I was able to travel to Cambodia you to “Pitch” and “Twitch”
and Indonesia to look at microfinancing—then to Asia on the Clean Water Trek to look at The MIT $100K, the oldest and most influential
the business of water in Singapore, the world’s most sophisticated water system, and business plan competition in the world, has
China, the world’s largest. In just two and a half years, Community Water Solutions has facilitated the birth of more than 130 companies
been able to launch sustainable clean water businesses in 19 villages in Ghana. with captured exit values of $2.5 billion and
a market cap of $15+ billion. But like any
My three cofounders at OnChip Power are electrical engineers and computer scientists. organization dedicated to innovation, the $100K
They took the New Enterprises class specifically to meet up with students from MIT Sloan is continually inventing, introducing new vehicles
who could help them commercialize their new power electronics technology. We started for entrepreneurs like the Elevator Pitch Contest.
fundraising in the fall, signed a term sheet by the first of the year, and just closed on our Contestants learn to present their ideas to
first round of financing—$1.8 million.” potential investors at a moment’s notice—the
Vanessa Green, MBA ’11 entrepreneur with the most effective 60-second
pitch wins $5,000. Even more of a challenge,
the MIT $100K Twitch contest invites aspiring
entrepreneurs around the world to tweet a sales
pitch. The brainstorm with the most retweets
wins the prize.
“The more collisions of great minds we
can create at MIT the better.”
Bill Aulet, Managing Director, MIT Entrepreneurship Center
26. 24 25
“I was working as a communications manager in
an architecture firm when I decided to change
course. I wanted to connect design, sustainability,
and management, so I looked at a variety of
Sustainability: programs. What tipped the balance toward MIT
Sloan? The rigorous quantitative and systems
thinking, the flexibility of the curriculum, and the
changing the conversation strong connection to the rest of MIT’s design and
sustainability activities.
We have a world-class faculty in operations and
supply chains, fields that are very relevant to
“Framing sustainability as loggers versus sustainability, plus leaders in related disciplines
like materials science, industrial ecology, and
spotted owls, growth versus green, economy architecture and urban planning. In terms of ‘green’
MBAs, MIT Sloan is where the rubber meets the road.”
versus environment…doesn’t work and isn’t Alice Hartley, MBA ’12
right. These things are fundamentally aligned.”
MIT Sloan Professor John Sterman, Jay W. Forrester Professor of Management;
Director, MIT System Dynamics Group
Growing smart leaders and sustainable
companies
In the Sustainable Business Lab (S-Lab) and other
action-learning projects, MBA students develop a deeper
understanding of how organizations create sustainable
operations and supply chains. They work with faculty and
industry experts to design cutting-edge research and
management tools that promote best practices. And they
bring everything they have learned into companies like
General Motors, Intel, and Nike to help them increase the level
of sustainability in their operations, products, and services.
Explore S-Lab projects at actionlearning.mit.edu/s-lab/
Projects.html.
27. “I found the global experience I was looking for thanks to the MIT Sloan Social
Impact Fellowship, which gives MBA students the chance to solve crucial societal
challenges during intensive internships at corporations and humanitarian
organizations around the world. My internship was to invent strategies for
developing sustainable entrepreneurial ecosystems in target countries within
Africa and Latin America. As part of that project, I created environment investing
‘snapshots’ of each country to attract VCs and other investors. This experience,
combined with what I’m learning in class about entrepreneurial ventures,
branding, and pricing, has given me the tools I need to help build a flourishing
entrepreneurial ecosystem throughout my home country of Mexico.”
Ignacio De La Garza Evia, MBA ’11
MIT Sloan Sustainability
Certificate
Students who pursue the MIT Sloan
Sustainability Certificate are committed to
investigating the alignment among healthy
businesses, environments, societies, and
an economy that serves human needs.
Integrating resources and disciplines across
MIT, the curriculum offers sustainability
strategies and action-learning opportunities
to put knowledge into practice.
“A big part of the reason I wanted to go to business school was…
Building green to learn about all forms of sustainability—not just environmental.
MIT Sloan’s landmark building E62 is the heart of the School, I wanted to learn about economic sustainability and the social side
fostering communication, collaboration, and innovation among that goes along with that. I wanted to learn how you can produce a
faculty, students, and alumni. The building is also a living, working profit in a way that doesn’t make anyone’s life more miserable, and
symbol of MIT Sloan’s dedication to sustainability and a model how you can run a business in a manner that improves the quality
for building green. The greenest building at MIT, E62 integrates of life for all involved. I found that MIT is a great place to learn all
sustainable features like light-sensitive window shades, a green of that.”
roof, and an irrigation system that minimizes water use by Christina Ingersoll, MBA ’10, Sustainability Certificate recipient
responding to changes in the weather. Research Assistant, International Food Policy Research Institute
Learn more: mitsloan.mit.edu/buildingthefuture/about-e62.php (IFPRI)
28. 26 27
Bill Gates on OpenCourseWare
“MIT’s OpenCourseWare Internet site makes
videos, lecture notes, and sometimes even
exams from 2,000 undergraduate and
graduate courses available to the world, free
of charge. These include the world-renowned
Engagement: physics courses taught by Professor Walter
Lewin, which have been viewed more than
sharing ideas across boundaries
5 million times and which I’ve watched
repeatedly. OpenCourseWare has become a
national model for delivering online education
and democratizing learning.”
“Organizations are the way that ideas Bill Gates, cochair of the Bill Melinda Gates
Foundation and chairman of Microsoft, from
change the world.” “Why MIT Matters” by Bill Gates in the Boston
Globe Magazine: www.boston.com/news/
education/higher/specials/mit150/Gates/
David C. Schmittlein, John C Head III Dean, Professor of Management
MIT Climate CoLab
harnesses crowdsourcing
In the Climate CoLab project, MIT Sloan
Professor Tom Malone and his interdisciplinary
colleagues are harnessing a new form of
knowledge power—crowdsourcing. Inspired
by the success of sites like Wikipedia, the
MIT Climate CoLab is focusing the collective
intelligence of thousands of people around
the world on climate change. Launched by
the MIT Center for Collective Intelligence, this
international online community is creating,
analyzing, and exploring detailed proposals
that address climate change. Last fall, the
organization held a global competition for
proposals that best answer the question: What
international climate agreements should the
world community make?
Find out about the winning idea in Tom
Malone’s blog: mitsloanexperts.wordpress.
com/2011/02/06/solving-climate-change-
with-crowdsourcing.
29. “This spring I had the opportunity to
take part in the Global Health Delivery
Lab where we worked with an HIV/AIDS
awareness organization in South Africa….
Other teams in our class worked with
health organizations in Uganda, Kenya, and
India….In the first phase we were MIT MBAs
with all the answers, fancy frameworks and
PowerPoint® deck who were looking at the
problem remotely and approaching it as we
would a case write-up. In the second phase
we got on the ground and quickly realized
the situation wasn’t as cut and dried as we
thought…original solution was not going to
work. In this phase we had to leverage the
skills we learned at MIT Sloan…to redefine
the problem and work to find a solution….”
Excerpts from the blog of Nicole Zenel,
MBA ’11
Read more: mitsloanblog.typepad.com/
nicole/2011/03/
MBAs without borders
MIT Sloan students cross boundaries every day to get things done. They bridge
disciplines, industries, cultures, and geographies. They work with faculty to give
people and organizations the knowledge to conduct business productively and
improve the lives of those they serve. They travel to industry hubs to talk directly
with influential leaders of multinational corporations and to entrepreneurs in
remote villages to help struggling businesses succeed. They sit down with the
president of India to discuss global communications and travel the Earth to analyze
healthcare practices. When they graduate, they have a depth of knowledge about the
international marketplace informed by a rich portfolio of firsthand experiences.
30. 28 29
“Only MIT could offer LGO, which
combines the significant resources
of MIT Sloan and the MIT School
of Engineering. It’s because of the
collaborative culture of MIT that
it’s possible for two of the most
Combined degrees exchange programs: influential academic programs in the
world to work closely together and
provide an academic experience that
expanding options capitalizes on the strengths of both.
As a result, LGO alumni rise quickly
after graduation to major positions
at companies like Amazon, Apple,
“MIT generates so many innovations and has such Boeing, and General Motors.”
Don Rosenfield, Senior Lecturer/
tremendous access to the manufacturing world, it makes Director, LGO Program
the LGO Program the ideal setting for future leaders
of global operations to build essential expertise.”
Limor Zehavi, LGO ’12
Leaders for Global Operations (LGO)
joint degree
• Joint degree: MBA or Master of Science from MIT Sloan and a
Master of Science from the MIT School of Engineering in one
of seven disciplines
• Program length: Two years
• Experience: A cross-disciplinary curriculum featuring action-
oriented global learning, a strong emphasis on leadership
training, and a signature six-month internship with one of the
program’s corporate partners
“A large part of what drives societal conflict is our failure to manage resources well—water
rights, arable land, energy sources…. I’ve seen the results of that firsthand as the head of an
infantry mortar platoon in Iraq. During my time at MIT Sloan, I have become committed to
clean energy and want to be one of the people who brings it to market, so the dual degree
program fits my objectives exactly. My passion and business know-how come from MIT Sloan,
while HKS has taught me how to promote strategic policies. It’s an unbeatable combination.”
Jon Gensler, MBA/MPA ’11
31. “The significance of this program cannot be understated,
and all 48 of us in LGO feel it. We are from many different
points on the compass, but we are all focused on the same
issues. People all over the world are worried about losing
manufacturing jobs in their communities. That’s what
we’re here for—to improve processes and strengthen
the industry.
LGO offers so many chances for growth as a leader and
for immersion in real industry settings, including the
six-month internship where you take root in a company
and get to understand the way it works. And the strong
collaborations between partner companies and LGO open
doors so that we are able to tour significant manufacturing
plants around the world. I am chiefly interested in
an international perspective, so I organized the LGO
International Plant Trek to Brazil and Argentina, where,
thanks to LGO alumni and partner companies, we were
able to visit Embraer, Dell, Flextronics, Caterpillar, GM,
and Volkswagen.”
Limor Zehavi, LGO ’12
Read more on Limor’s blog “Chronicles of an LGO Girl”:
limorzehavi.blogspot.com.
“When I learned that I could add a Master MIT Sloan/Harvard Kennedy European dimension
of Public Administration from HKS to my
MIT Sloan MBA with one extra year of study, School (HKS) dual degree MIT Sloan MBA students may opt to spend
one semester abroad at any of three European
I decided to go for it. Having these world- • Dual degree: MBA from MIT Sloan and an schools: London Business School, IESE in
renowned schools just two subway stops MPA/MPP from Harvard’s Kennedy School Barcelona, and HEC in Paris. Each of these
apart is amazing. It’s been very powerful dynamic exchange programs is designed for
to combine quantitative and analytical • Program length: Three or four years
students who seek an intensive international
business skills with an understanding of • Experience: Created for students who experience or who wish to pursue a future
how governments work. The environment plan to pursue careers in international career in Europe.
is incredibly stimulating, with resources management or economic development
from two influential networks.” or who plan to work in industries or
Jen Tutak, MBA/MPA ’12 regions with a high degree of government
partnership