Massachusetts Institute of Technology, often referred to as MIT, is one of the most prestigious university in the world. Established in 1861, MIT is the world’s no.1 university according to QS World University Rankings. In fact, the institute ranks among the top 5 universities in the world for courses like engineering, computer science, business, finance, economics, data science among others.
MIT is home to some of the brightest minds in the world. Most students at MIT prefer to study engineering, architecture and business (specifically MBA). The institute is often considered as the best alternative among Indian students looking for the best option other than IIT/IIM. According to recent enrollment, there are 11,886 students at the MIT campus including 3,430 international students from 138 countries.
There is no minimum requirement for admissions to Massachusetts Institute of Technology. However, most successful applicants typically have a 3.9 GPA (98-100%). Coming to cost, the tuition for a master’s degree in MIT ranges between $30,995 – $91,250 (₹26.68 lakhs – ₹78.56 lakhs) per year. The estimated annual cost for the MBA program is $84,350 (₹72.62 lakhs).
Explore: Massachusetts Institute of Technology Courses
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Massachusetts Institute of Technology offers 81 undergraduate programs and more than 50 graduate level courses through 15 academic departments. The most popular courses in MIT include MBA, computer science, mechanical engineering, and electrical engineering.
| Programs | Total Annual Fees | Total Annual Fees |
|---|---|---|
| Master of Science [M.S], Engineering Management | USD 77,195 | ₹ 6610208 |
| Master of Science [M.S], Electrical Engineering and Computer Science | USD 65,815 | ₹ 5635738 |
| Master of Science [M.S], Business Analytics | USD 91,250 | ₹ 7813738 |
| Master of Business Administration [M.B.A] | USD 101,755 | ₹ 8713281 |
| Master of Engineering [M.Eng], Computer Science and Molecular Biology | USD 98,610 | ₹ 8443974 |
| Master of Science [M.S], Mechanical Engineering | USD 77,195 | ₹ 6610208 |
| Master of Architecture [M.Arch] | USD 46,200 | ₹ 3956106 |
| Programs | Total Annual Fees | Total Annual Fees |
|---|---|---|
| Bachelor of Science [BS], Aerospace Engineering | USD 65,640 | ₹ 5979804 |
| Bachelor of Science [B.S], Chemical Engineering | USD 65,640 | ₹ 5979804 |
| Bachelor of Economics | USD 65,640 | ₹ 5979804 |
| Bachelor of Science [B.S], Computer Science and Molecular Biology | USD 65,640 | ₹ 5979804 |
| Bachelor of Finance [BFin] | USD 65,640 | ₹ 5979804 |
| Bachelor of Science [B.S], Management Science | USD 65,640 | ₹ 5979804 |

Indian students can apply for UG programs in Massachusetts Institute of Technology between August to early January of the following year. The application period for graduate programs are courses specific. Hence it advised to review the specific courses before applying. Given below are more details about MIT admissions including eligibility criteria, application documents and deadlines:
MIT Graduate Admission Requirements:
MIT Undergraduate Admission Requirements:
Documents Required:
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MIT acceptance rate is 4.52% according to recent undergraduate admissions. Given below is 5 year’s acceptance rate for MIT for last 5 years:

MIT aims to meet 100% financial needs of students through scholarships. 58% of undergraduate students receive scholarships in the form of financial aid while 33% of them receive full coverage on tuition fees. Graduate students typically receive funding in the form of fellowships, teaching assistantships. These funding options typically cover partial to full tuition fee along with living stipend. On average, you can expect to receive a MIT scholarships ranging from $23,517 – $74,194 (₹20.24 lakhs ₹63.87 lakhs).
According to the graduate outcome survey, 50.3% of the bachelor’s graduates secured employment while 76.5% master’s graduates secured employment after graduating from MIT.
Massachusetts Institute of Technology ranks #1 in the QS World University Rankings 2025, 14 years in a row. It #2 in the world according to THE Rankings 2025 and US News Rankings 2024. The institute also ranks #1 in QS WUR by Subject Rankings 2025 across all branches of Engineering.
Check More: Massachusetts Institute of Technology Rankings 2025
The below table shows comparison of Massachusetts Institute of Technology with other colleges in Massachusetts on the basis of rankings, acceptance rate, average tuition fee, and employment outcomes:
| Category | MIT | Harvard University | Boston College | Tufts University | Boston University |
|---|---|---|---|---|---|
| Location | Cambridge | Cambridge | Chestnut Hill | Medford | Boston |
| U.S News National Rankings 2024-25 | #2 | #3 | #37 | #37 | #41 |
| U.S. News Best Global Universities Rankings 2024-25 | #2 | #1 | #534 | #271 | #73 |
| Acceptance Rate | 4.52% | 3.64% | 15.87% | 11.49% | 11.1% |
| Average Tuition Fee (USD) | $62,396 | $61,676 | $70,702 | $70,704 | $68,102 |
| Employment Rate | 98% | 95% | 94% | 96% | 91% |
| Average Graduate Salary (USD) | $120,000 | $98,000 | $85,000 | $91,000 | $87,000 |
Massachusetts Institute of Technology is one of the world’s renowned educational institute for engineering, business, and technology. The institute demonstrates high graduate employment with nearly 98% of graduates securing jobs after graduation.
