The stated mission of the Massachusetts Institute of Technology Sloan School of Management is to develop innovative, principled leaders who change the world and to generate concepts that advance management practices across the globe. Built along the Charles River in Cambridge, Massachusetts, the Alfred P. Sloan School of Management was established in 1914 as Course XV, Engineering Administration, at MIT. The business school was initially known as the Department of Economics and Statistics.
Current companies and organizations that originated from MIT alumni include PillPack, E*Trade, Gartner, Genentech, HubSpot, InVivo Therapeutics, and Zipcar. MIT enjoys close proximity to the local corporate headquarters of some of the world’s largest companies, including Amazon, Pfizer, Amgen, Microsoft, Biogen, Facebook, and Google. Other organizations located in Kendall Square include Twitter, Akamai, Sanofi Genzyme, and Charles River Labs. The Boeing Co. announced recently that the aerospace brand will feature its Aerospace and Autonomy Center in Kendall Square within the next year. These corporations offer excellent educational and networking opportunities for Sloan School of Management students. The impact and scope of MIT’s entrepreneurial ecosystem are substantial. A study performed just five years ago reflects the immense economic impact of the Institute’s alumni business leaders. Their companies have created a plethora of jobs and generate nearly $2 trillion in annual revenues. This amount is higher than the gross domestic product (GDP) of the tenth-largest economy in the world.
Currently, 1,300 students are seeking degrees or taking courses through the Sloan School of Management at MIT. The business school provides eleven degree and non-degree programs for undergraduates, graduate students, and doctoral students, and executives. MIT Sloan employs over 115 faculty members, and the school prides itself on welcoming faculty and students with a wide range of backgrounds, interests, and experiences. The academic community is known for its passion for solving problems and tackling significant issues, its respect for a wide range of viewpoints, and a thriving entrepreneurial spirit. Programs featured at the school include an MBA, Master of Finance, Master of Business Analytics, an Executive MBA, and a Ph.D.
With pioneering companies surrounding the business school, a vibrant culture of recreation, and groundbreaking research labs, the business school’s student life reflects the creative energy of its faculty and students. The Student Life Office at MIT Sloan champions the three components of caring, community, and contribution across all of MIT Sloan’s programs. The Student Life staff works in close partnership with the many student service teams across MIT and at Sloan. The business school provides the MIT Sloan Senate for students to become a part of, any one of over 70 MIT Sloan Student Clubs, and over 450 student clubs within MIT.
The future gets invented at MIT Sloan. The school’s next-generation campus has grown into online and distance-learning opportunities that directly address the evolving demands of business executives. Dynamic digital programs that move online learning past a one-size-fits-all model into an interactive, scalable, and collaborative experience is what the online experience is all about — distance learning programs at Sloan leverage simple-to-use and cutting-edge technologies. Online courses within the Executive Education program include Artificial Intelligence: Implications for Business Strategy, Blockchain Technologies: Business Innovation and Application, Business Process Design for Strategic Management, and Corporate Innovation: Strategies for Leveraging Ecosystems.