The Commonwealth of Massachusetts gave MIT its official charter on April 10, 1861. This made MIT official. Two days later, the Civil War officially started. The Massachusetts Institute of Technology, a private research institute, started with the motto Mens et manus, mind and hand, to represent the intersection of academic knowledge and practical purpose. The Massachusetts Institute of Technology objective is to advance knowledge and educate students in science, technology, and other fields that will benefit the world. One of the smartest, most unique, and creative groups in the world is made up of the more than 143,000 people who have graduated from the Massachusetts Institute of Technology. The Massachusetts Institute of Technology has been home to some of the smartest people who have done things that are beyond what most people can do. As graduates, workers, or researchers, 97 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists have worked at Massachusetts Institute of Technology. Furthermore, the Massachusetts Institute of Technology has been affiliated with 58 National Medal of Science recipients, 29 National Medals of Technology and Innovation recipients, 41 astronauts, and 16 Chief Scientists of the United States aviation-based military services.

The Massachusetts Institute of Technology is a diversified institution with an international student enrollment of 29.1% (3411). With 971 students, China is the biggest community at the Massachusetts Institute of Technology, followed by 340 students from India. Massachusetts Institute of Technology, ranked first in the world, is well-known for its affordability. Tuition for MIT programs averages USD 57,590. The Massachusetts Institute of Technology provides need-blind scholarships to all students, with an average grant value of USD 40,000. With this substantial financial assistance, MIT's yearly tuition rates have decreased to around USD 17,590.

The Massachusetts Institute of Technology has around 12,000 students from 120+ countries, since it draws great students from all over the globe. In many respects, the Massachusetts Institute of Technology student population is diverse. A student at MIT is exposed to many different ideas, opinions, beliefs, and ways of thinking, as well as many different cultures. The Massachusetts Institute of Technology enrolls 11,363 full-time students and 157 part-time students. This means that 98.6% of MIT students are enrolled full-time.

North of the Charles River, on 166 acres, is the campus of the Massachusetts Institute of Technology. The campus is a friendly place for everyone, and students can do things like sports and arts and culture in addition to their studies if they want to. Housing amenities, five dining halls, 20 retail outlets, sports and entertainment facilities, and medical services are all available on campus. There are around 60 research institutes, laboratories, and programs on campus. At the Massachusetts Institute of Technology, campus life is a great mix of hard classes and fun things to do outside of school.



The Times Higher Education World University Rankings and the Academic Ranking of World Universities both rank the Massachusetts Institute of Technology as one of the best colleges in the world. The university has kept these rankings for nearly ten years with very little change.








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Course Duration Fee/Year
Bachelors of Computer Science & Engineering 4 Years $57,591.05
Bachelor of Science in Aerospace Engineering 4 Years $57,591.05
Bachelor of Science in Engineering 4 Years $55,453.84
Bachelor of Science 4 Years $55,453.84
Bachelor of Science in Finance 4 Years $57,591.07
Bachelor of Science in Business Analytics 4 Years $59,749.04
Bachelor of Science in Brain and Cognitive Sciences 4 Years $55,453.84
Bachelor of Science in Art & Design 4 Years $55,453.84
Bachelor of Science in Comparative Media Studies 4 Years $55,453.84
Bachelor of Science in Management Science 4 Years $59,749.04

Course Duration Fee/Year
Master of Architecture 3.5 Years $57,591.07
Master of Science Aeronautics & Astronautics 1 - 2 Years $57,591.07
MBA (STEM) 2 Years $81,913.98
Master of Science in Economics 2 Years $55,453.84
Master of Science in Management Studies 9 Months $81,913.98
Master of Engineering in Civil & Environmental Engineering 9 Months $57,591.07
Master of Engineering - Environmental Engineering Science track 9 Months $55,453.84
Master of Engineering - Structural Mechanics & Design Track 9 Months $55,453.84
Executive MBA 20 Months $107,537.92
Master of Finance 1 Year $85,229.80

Admission Process

Admission Process

The Massachusetts Institute of Technology (MIT) is proud of being "deeply American" because it was founded to speed up the industrial revolution in the United States. The Massachusetts Institute of Technology (MIT) lives up to its motto, "mens et manus," which means "mind and hand" in Latin, by putting an emphasis on how academic knowledge can be used in the real world. Through education, research, and new ideas, everyone at the Massachusetts Institute of Technology (MIT) wants to make the world a better place. 


Admission process Admission process



According to career analytics business PayScale, the expense of attending the Massachusetts Institute of Technology is high, but the payoff is well worth it. College is expensive, and every year you spend getting your degree is a year you don't make money and have extra costs. We will look at the expected cost of a degree and the average starting salary of MIT graduates to figure out when you will get your money back (your return on investment).

  • Average yearly cost- $44,000
  • Average years to graduate- 4.1
  • Average starting salary- $100,000

A degree at the Massachusetts Institute of Technology costs roughly $181,000 on average. If you earn $100,000 per year, it will take you 1.8 years after graduation to break even.

Companies such as The Boston Consulting Group, Kinsey & Company, Amazon, Google, Bain & Company, Goldman SSachs, apital One, Deloitte Consulting, Amgen,Apple, Jp Morgan Chase & Co, McKinsey & Company, Rivian, Amgen, IBM, Nike, Morgon Stanley, Bain & Company, HelloFresh Disney, High Vista, Facebook, Citigroup, Booz Allen Hamilton, Deutsche Bank, LinkedIn  and others were among the top employers.

Course Annual Package
Master in Management $218,000
Executive MBA $196,000
MBA $190,000
Doctor of Medicine $173,000
PhD $162,000
Master in Science $150,000
Finance $153,750
Aerospace, Aeronautical & Astronautical Engineering (UG) $78,970
Computer Science $126,500
Electrical, Electronics & Communications Engineering $114,600
Mathematics $82,440
Physics $69,340
Biology, General $46,480
Biomedical/Medical Engineering $61,020
Business/Commerce, General $106,420
Chemical Engineering $85,290
Aerospace, Aeronautical & Astronautical Engineering (PG) $113,930
Real Estate Engineering (PG) $81,700
Business/Commerce, General (PG) $165,410
Architecture (PG) $57,320
Systems Engineering (PG) $133,010

University Alumni work at some of the best companies in the world


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Frequently Asked Questions


IITs (Indian Institutes of Technology) are considered the best in India, but MIT (Massachusetts Institute of Technology) and Harvard's John A. Paulson School of Engineering and Applied Sciences have always been at the top of the list worldwide.

Even though MIT is best known for its engineering and physical science degrees, it also has excellent programs in economics, political science, urban studies, languages, and philosophy. The MIT library system is extensive, including multiple specialized libraries. There are other museums in the region as well.

Yes. You must take at least two SAT topic examinations in addition to the SAT or ACT. These are exams that you may take to demonstrate your specific abilities. MIT, being a math and science-focused university, needs either the Math Level 1 or Math Level 2 subject exams.

There is a popular combined MD-PhD program between MIT and Harvard Medical School (HMS). There is also a Harvard-MIT program in Health Sciences and Technology (HST) that brings together MIT, Harvard, and hospitals in the Boston area.

Finance, product management development, consulting and strategic planning, and operations project management are the top functions at the MIT MBA for the class of 2022. Professionals in the business analytics area earned a median salary of $150,000, while those in the business development role earned a median salary of $145,000. The median salaries in the consulting, planning, and finance functions were $175,000 and $172,000, respectively.

The Boston Consulting Group, Google, Amazon, Bain & Company, Goldman Sachs, McKinsey & Company, Capital One, Deloitte Consulting, Amgen, and Apple were among the top employers for the MBA class of 2022 at MIT.

MIT earned a perfect 100.00 in three criteria—Employer Reputation, Alumni Outcomes, and Partnerships with Employers—as well as a 96.0 in Employer-Student Connections and a 79.3 in Graduate Employment Rate, according to QS.

Yes, foreign students are eligible for financial assistance. MIT has pledged to accommodate all proven financial needs. For the financial assistance application, you will need your parents' tax returns or wage statements, any other records of money earned, the current balances in their bank accounts, records of investments, and records of untaxed income.



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