The MIT Sloan School of Management offers an undergraduate degree program in management science. It is a cutting-edge program designed to prepare students for top jobs in today's technologically oriented business world. By combining General Institute Requirements with subjects at the MIT Sloan School of Management, students learn a unique combination of technical and management skills that allow them to excel in such high-demand areas as web-based commerce, financial engineering, market analysis, and software development.
In recent years, the field of management science has grown rapidly in conjunction with advances in computer technology, in methods for collecting and structuring large quantities of data, in mathematical programming, and in the building of sophisticated mathematical models. The MIT Sloan School's undergraduate program develops necessary competence in the underlying disciplines of mathematical programming and modeling, statistics, and computer technology. The program also provides a strong background in the associated disciplines of managerial psychology and economics, and demonstrates applications from a variety of functional areas of management. Beyond this, each student selects a concentration of four subjects in information technologies, operations research, marketing science, or finance.
MIT Sloan undergraduates take most management electives at the graduate level, alongside MBA and doctoral students. This arrangement provides an excellent opportunity for undergraduates to learn from students with previous business experience. A degree in management science gives students the best of both worlds—technical excellence and managerial focus.
The Minor in Management is intended to provide undergraduates with an understanding of the economic, business, human, social, and organizational dimensions of scientific and technological enterprise. Its emphasis on management per se differs from that of the SB degree program in management science.
The minor consists of six subjects, four required:
| 14.01 | |
Principles of Microeconomics |
| 15.501 | |
Corporate Financial Accounting |
| 15.668 | |
People and Organizations |
| 15.812 | |
Marketing Management |
Plus, as electives, any two Course 15 subjects (other than UROP, Special Studies, Special Seminars, and general-elective transfer credit) that are not designated as restricted to students in other Sloan School programs. Two six-unit subjects will be counted as a single elective subject. For guidance in selecting electives, Course 15 maintains at its program office and on its website (see below) a list of recommended electives organized by area of study.
Under an experimental procedure approved by the Committee on the Undergraduate Program, the Minor in Management is being phased in over a period of four years. During this time, enrollment in the minor will be limited to approximately 100 students per year selected, if necessary, by a random lottery open to sophomores and juniors in each spring term through 2009.
Further information about the Minor in Management is available at the Undergraduate Program Office in Room E52-117 and on the MIT Sloan undergraduate website at http://mitsloan.mit.edu/undergrad/.
MIT students from other departments are welcome to take unrestricted elective courses at MIT Sloan, if they have taken the listed prerequisites. All students must participate in the MIT Sloan course bidding system. Information about the process is available on the bidding website at https://sloanbid.mit.edu/. Bidding occurs at the same time as online WebSIS pre-registration in December and May for the following terms. The MIT Sloan course schedule is available on the bidding website, as are most class syllabi, to assist students in bid point allocation. Staff in Sloan Educational Services, Room E52-101, 617-253-1510, are always available to assist interdepartmental students and provide information about MIT Sloan classes and the course bidding system.
For additional information on the undergraduate curriculum, students may consult the Undergraduate Program Office, Room E52-117, 617-253-8614.
The MIT Sloan School of Management offers opportunity for graduate study leading to the degrees of Master of Business Administration, Master of Science in Management, Master of Science in Management of Technology, and Doctor of Philosophy.
Applications are welcome from college graduates in all areas of concentration—the humanities, social sciences, physical sciences, and engineering—but matriculants must have completed formal subjects in calculus and in economics. The minimum level of preparation is normally a one-year subject in economic theory and a one-year subject in calculus. If these subjects have not been taken in a previous academic program, they may be covered by formal subjects prior to enrollment.
All applicants, including those from foreign countries, must take the Graduate Management Admission Test (GMAT). Information is available from the Graduate Management Admission Council, Educational Testing Service, Princeton, New Jersey 08541. GRE scores may be used in place of GMAT scores for the MBA and doctoral programs and for LFM applicants applying through the School of Engineering.
The MIT Sloan School MBA Program offers a course of study in graduate business education, leading to a master's degree in Business Administration (MBA) or Master of Science in Management (SM). Degree candidates are admitted in September to a program of study extending over two consecutive academic years. MBA degree candidates must complete a required core plus 144 units of H- or G-level elective subjects. Residency for four consecutive academic terms is required. Degree candidates must also fulfill research and leadership requirements through activities in the mid-semester Sloan Innovation Period and through elective coursework.
The MBA curriculum is designed for maximum flexibility, allowing students to create an individual program best suited to their needs and career interests. During the first term, students take a sequence of core subjects with the option of one elective course. After the first term, students have a wide range of elective course choice.
Practical exposure to management takes place in the MIT Sloan School through a variety of activities. Students in the MBA Program are expected to spend the summer between their first and second years working in some activity that contributes to their understanding of and effectiveness in dealing with management problems. During the academic year, some MBA candidates work as paid research assistants for members of the faculty, or become involved with them in the consulting activities that they carry on for government, firms, and other public and private organizations. Each semester, MIT Sloan faculty members offer research workshops during the Sloan Innovation Period. In addition, many students choose topics for their master's theses or project work that involve research in the practice of management in particular organizations, industries, or sectors. Corporate leaders are often invited to work with students, either through guest lectureships in various classes or through interaction with one of the MIT Sloan student organizations such as the Finance Club, the Media Tech Club, or the MIT Sloan Leadership Forum.
Jointly sponsored by the School of Engineering and the MIT Sloan School, the System Design and Management (SDM) program targets experienced engineers and product development professionals who seek to build upon their technical background and advance to positions of leadership in their careers.
The SDM program was created in 1996, in response to a critical need expressed by government and industry to provide future engineering leaders with an educational experience that combines an engineering systems perspective with the essentials of a management education. The program has focused on developing competencies in the areas of systems thinking, management skills, leadership, and an end-to-end understanding of systems development.
SDM is offered in three formats, including a 13-month full-time on-campus program and two career-compatible 24-month programs—half-time on campus for local area commuter students and a distance delivery option via synchronous video conferencing. SDM is the only MIT degree program that can be completed primarily through distance education.
Program applicants have significant engineering and/or managerial experience, in addition to a scientific or engineering education. On average, SDM student-fellows have about 10 years of work experience. The program participants come from both private and government institutions, either as company sponsored, or as self-sponsored students. A majority of SDM students have advanced degrees in other fields, and over half come from countries other than the United States.
The SDM program begins in January. Applications are accepted on a continuous basis, with an early notification deadline of May 15 and a final cutoff of October 15 for admission to the next cohort. For additional information, contact the SDM Program Office, Room E40-315, 617-253-1055, sdm@mit.edu, or visit http://sdm.mit.edu/. See also Engineering Systems Division in Part 2.
The Leaders for Manufacturing (LFM) program combines graduate education in engineering and management for those with two or more years of full-time work experience who aspire to leadership positions in manufacturing or operations companies. This rigorous 24-month program combines subjects in technology and management. A required 6.5-month internship provides opportunity to complete a research project on site at one of LFM's partner companies. The internship leads to a dual-degree thesis, culminating in two master's degrees—an MBA (or SM in management) and an SM in engineering. The program is offered jointly through the MIT Sloan School of Management and the School of Engineering master's programs in Aeronautics and Astronautics, Biological Engineering, Chemical Engineering, Civil and Environmental Engineering, Electrical Engineering and Computer Science, Engineering Systems, Materials Science and Engineering, and Mechanical Engineering. For general requirements and application procedures, visit the LFM website at http://lfm.mit.edu/.
The purpose of the MIT Sloan School's PhD program is to prepare students for careers in teaching and research or, to a lesser extent, for positions requiring advanced research and analytical capabilities. The PhD program provides the opportunity to combine in-depth work in theory with work in broadly defined "applied" or "functional" areas, with faculty who are experts in their fields.
A candidate entering with a bachelor's degree should be able to complete the program in four or five years. The first year is devoted to work in the basic disciplines of management and to preliminary work in the student's major and minor fields. The second year is primarily devoted to the major and minor fields. Finally, two or three years are required for the doctoral dissertation.
Candidates must master the literature, theory, and application of a major field of concentration as well as a minor field. Successful completion of this requirement is determined by General Examinations. The major fields currently available in the MIT Sloan School are the following (although individually constructed majors are possible):
Accounting and Control
Economic Sociology
Financial Economics
Information Technologies
Institute for Work and Employment Research
Technological Innovation and Entrepreneurship
Marketing
Operations Management
Organization Studies Group
Strategy and International Management
System Dynamics
PhD candidates enter the program with a clear idea in mind of a major field of concentration. An appropriate minor field is then selected—typically a theoretical discipline that provides a foundation for research in the major field. Major fields such as accounting or marketing usually have economics as a minor field, while the organizational studies group has behavioral science.
The subject requirements for the major and minor fields are not rigid. There are normal groups of subjects for the standard fields, but substitutions of other subjects and independent study are possible. Regardless of the major and minor fields chosen, a plan of study designed to prepare the student for General Examinations is worked out by the student and his or her faculty advisor(s).
The General Examinations normally are taken at the end of the second year or beginning of the third year of study, after completion of major and minor field coursework and a research paper (see below). The exact form of general exams varies and may involve written examinations, critiques of research papers, or review papers on prescribed topics. In all cases, the last stage is an oral examination.
The MIT Sloan School is committed to research, and the philosophy and structure of the PhD program reflect this professional commitment. There are two separate research requirements: the second-year research paper and the thesis.
A substantial part of the student's work in the latter half of the first year and in the second year is devoted to an independent research project. The topic, design, and execution of the project are left to the student, while advice and criticism are provided by a research advisor and other interested faculty. Upon completion of the project, the student prepares a document known as the "second-year paper."
The PhD dissertation consists of significant scholarly research in some area of management. Close working relationships with faculty are established early so that the thesis can be defined as a manageable project as early as possible. Candidates typically require two or three years of full-time work to complete their theses.
There is no language requirement in the MIT Sloan School's PhD program, although in some cases the student and his or her advisor may decide that further study of a foreign language is necessary if the student is to work effectively in his or her major field.
All doctoral students in the MIT Sloan School are eligible to apply for the approximately 100 part-time research and teaching assistantships available each year.
MBA brochures and application information are available online at http://mitsloan.mit.edu/mba/; questions may be directed to mbaadmissions@sloan.mit.edu. For doctoral information, contact the Doctoral Program Office, Room E60-236, MIT Sloan School of Management, 30 Memorial Drive, Cambridge, MA 02139, phone 617-253-7188 or 617-253-8957. For Leaders for Manufacturing Program brochures, call 617-253-1055. Applications are available on the web at http://mitsloan.mit.edu/.
The MIT Sloan Fellows Program in Innovation and Global Leadership is a highly selective, corporate sponsored degree program that brings together 100 mid-career men and women from a wide variety of for-profit and nonprofit industries, organizations, and functional areas. The program is characterized by a rigorous academic curriculum, frequent interactions with international business and government leaders, and a valuable exchange of global perspectives. The fellows work together in a team environment tackling practical issues with a spirit of intellectual adventure. After collaborating across disciplines, cultures, and backgrounds in this intense learning environment, they leave the program with the skills necessary to create change, build alliances, and drive global ventures.
In addition to the traditional 12-month, full-time program, MIT Sloan offers the flex option, designed especially for those within a one-hour radius of Boston. The flex option permits fellows to complete the program in two years, after attending the summer term full time, thus allowing them to maintain a presence in their organization.
For more information about the MIT Sloan Fellows Program in Innovation and Global Leadership and how to apply, visit the website at http://mitsloan.mit.edu/fellows/ or contact the program office at MIT Sloan School of Management, 50 Memorial Drive, Suite E52-126, Cambridge, MA 02142-1347, 617-253-8600, fax 617-252-1200, fellows@sloan.mit.edu.
The Computation for Design and Optimization (CDO) master's degree program is offered to graduate students interested in the analysis and application of computational approaches to designing and operating engineered systems. The curriculum is designed with a common core that serves all engineering disciplines, and an elective component that focuses on particular applications. Current MIT graduate students can pursue a CDO master's degree in conjunction with their departmental master's or doctoral program. For further information, see the full program description under Interdisciplinary Graduate Programs or visit http://web.mit.edu/cdo-program/index.html.
Steven D. Eppinger, ScD
General Motors Leaders for Manufacturing Professor of Management
Interim Dean of Management
Deborah Gladstein Ancona, PhD
Seley Distinguished Professor of Management
Dan Ariely, PhD
Alfred P. Sloan Professor of Management
(On leave)
Paul Asquith, PhD
Gordon Y Billard Professor of Finance
Arnold Irwin Barnett, PhD
George Eastman Professor of Management Science
Professor of Operations Research and Management
(On leave, spring)
Ernst R. Berndt, PhD
Louis E. Seley Professor of Applied Economics
Dimitris Bertsimas, PhD
Boeing Leaders for Manufacturing Professor of Management
Codirector, Operations Research Center
Gabriel Richard Bitran, PhD
Nippon Telegraph and Telephone Professor of Management
Erik Brynjolfsson, PhD
George and Sandi Schussel Chair of Management Science
Codirector, MIT Center for Digital Business
John Stephen Carroll, PhD
Morris A. Adelman Professor of Management
(On leave, spring)
John Carrington Cox, PhD
Nomura Professor of Finance
Michael A. Cusumano, PhD
Sloan Management Review Professor of Management
Roberto M. Fernández, PhD
William F. Pounds Professor of Management
Charles Harry Fine, PhD
Chrysler Leaders for Manufacturing Professor of Management
Robert Michael Freund, PhD
Theresa Seley Professor in Management Science
Robert S. Gibbons, PhD
Sloan Distinguished Professor of Management
(On leave)
Stephen C. Graves, PhD
Abraham J. Siegel Professor of Management
(On leave, fall)
John Richard Hauser, ScD
Kirin Professor of Marketing
Rebecca M. Henderson, PhD
Eastman Kodak Leaders for Manufacturing Professor of Management
Bengt R. Holmstrom, PhD
Paul A. Samuelson Professor of Economics and Management
Simon H. Johnson, PhD
Ronald A. Kurtz Professor of Entrepreneurship
(On leave)
Paul Lewis Joskow, PhD
Elizabeth and James Killian Professor of Economics and Management
Thomas Anton Kochan, PhD
George Maverick Bunker Professor of Management
S. P. Kothari, PhD
Gordon Y Billard Professor of Accounting
Interim Deputy Dean of Management
Donald Roy Lessard, PhD
Epoch Foundation Professor of International Management
John Dutton Conant Little, PhD
Institute Professor
Andrew W. Lo, PhD
Harris and Harris Group Professor
Richard M. Locke, PhD
Alvin J. Siteman Professor of Management and Political Science
Stuart Elliot Madnick, PhD
John Norris Maguire Professor of Information Technology
Codirector, PROFIT Program
(On leave)
Thomas Lee Magnanti, PhD
Professor of Management Science and Electrical Engineering
Institute Professor
Dean, School of Engineering
Thomas Wendell Malone, PhD
Patrick J. McGovern Professor of Information Systems
Director, Center for Collective Intelligence
Stewart Clay Myers, PhD
Robert C. Merton (1970) Professor of Financial Economics
Wanda J. Orlikowski, PhD
Eaton-Peabody Professor of Communication Sciences
James Berger Orlin, PhD
E. Pennell Brooks Professor of Management Science and Operations Research
MacVicar Faculty Fellow
Paul Osterman, PhD
Nanyang Technological University Professor of Human Resources and Management
(On leave)
Robert Stephen Pindyck, PhD
Bank of Tokyo–Mitsubishi Ltd. Professor of Finance and Economics
(On leave)
Drazen Prelec, PhD
Digital Equipment Corporation Leaders for Manufacturing Professor of Management Science
Edward Baer Roberts, PhD
David Sarnoff Professor of Management of Technology
Chair, MIT Entrepreneurship Center
Stephen A. Ross, PhD
Franco Modigliani Professor of Finance
Richard Lee Schmalensee, PhD
Professor of Management and Economics
Duncan Simester, PhD
Nanyang Technological University Professor
John David Sterman, PhD
Forrester Professor of Management Science
Director, System Dynamics Group
Thomas Martin Stoker, PhD
Gordon Y Billard Professor of Applied Economics
Lester C. Thurow, PhD
Jerome and Dorothy Lemelson Professor of Management and Economics
Glen Lee Urban, PhD
David Austin Professor of Marketing
Codirector, MIT Center for Digital Business
James M. Utterback, PhD
David J. McGrath Professor of Management and Innovation
John Eastin Van Maanen, PhD
Erwin H. Schell Professor of Organizational Studies
Eric Arthur von Hippel, PhD
T. Wilson Professor of Management
Jiang Wang, PhD
Mizuho Financial Group Professor of Management
Ross L. Watts, PhD
Professor of Accounting
Roy Elmer Welsch, PhD
Professor of Statistics and Management Science
Director, Center for Computational Research in Economics and Management Science
Birger Wernerfelt, DBA
J. C. Penney Professor of Management Science
Chair, Doctoral Program
JoAnne Yates, PhD
Sloan Distinguished Professor of Management Communication
Interim Deputy Dean of Management
M. Diane Burton
Fred Kayne Career Development Associate Professor of Entrepreneurship
Jared R. Curhan, PhD
Associate Professor of Organizational Studies
Kristin J. Forbes, PhD
Associate Professor of Applied Economics
(On leave)
Shane Frederick, PhD
Associate Professor of Marketing
Jeremie Gallien, PhD
J. Spencer Standish Associate Professor of Management
David Gamarnik, PhD
J. Spencer Standish (1945) Associate Professor of Management
Yasheng Huang, PhD
China Program Associate Professor of International Management
Leonid Kogan, PhD
Associate Professor of Finance
(On leave)
David McAdams, PhD
Cecil and Ida Green Career Development Associate Professor
Fiona Elizabeth Murray, PhD
Class of 1922 Career Development Associate Professor of Management of Technology, Innovation, and Entrepreneurship
Jun Pan, PhD
Associate Professor of Finance
(On leave)
Georgia Perakis, PhD
Associate Professor of Management
Nelson Repenning, PhD
Associate Professor of Management
Roberto Rigobón, PhD
Associate Professor of Economics
Antoinette Schoar, PhD
Michael M. Koerner Associate Professor of Entrepreneurial Finance
Andreas S. Schulz, PhD
Associate Professor of Management Science
Joseph P. Webber, PhD
Associate Professor of Accounting
Peter D. Wysocki, PhD
Associate Professor of Accounting
Ezra W. Zuckerman, PhD
Nanyang Technological University Associate Professor of Management
Pierre Azouley, PhD
Assistant Professor of Strategy
Lucio Baccaro, PhD
Assistant Professor of Management
(On leave)
Nittai Bergman, PhD
Class of 1957 Curriculum Development Assistant Professor of Management
Michael Braun, PhD
Assistant Professor of Marketing
Emilio Castilla, PhD
W. Maurice Young (1961) Career Development Assistant Professor of Management
Joseph J. Doyle, PhD
Jon D. Gruber Career Develoment Assistant Professor of Applied Economics
Carola Frydman, PhD
Assistant Professor of Finance
Richard Timothy Holden, PhD
Assistant Professor of Applied Economics
Kate Kellogg, PhD
Assistant Professor of Organizational Studies
Mozaffar Khan, PhD
Assistant Professor of Accounting
(On leave)
Ryan LaFond, PhD
Assistant Professor of Accounting
(On leave)
Retsef Levi, PhD
Robert N. Noyce Career Development Assistant Professor
Denise Lewin Lloyd, PhD
Assistant Professor of Organizational Studies
(On leave)
Gustavo Manso, PhD
Assistant Professor of Finance
Mark Mortensen, PhD
Assistant Professor of Organizational Studies
Sugata Roychowdhury, PhD
Theodore T. Miller Career Development Assistant Professor of Accounting
Tavneet Suri, PhD
Assistant Professor of Applied Economics
Catherine Tucker, PhD
Douglas Drane Career Development Assistant Professor in Information Technology and Management
Eric Van Den Steen, PhD
Zenon Zannetos Career Development Assistant Professsor of Applied Economics
Rodrigo Verdi, PhD
Assistant Professor of Accounting
Chris Wheat, PhD
Assistant Professor of Strategy
(On leave)
Juanjuan Zhang, PhD
Assistant Professor of Marketing
Mary P. Rowe, PhD
Adjunct Professor of Management
Alex d' Arbeloff, SB
Honorary Chairman of the MIT Corporation
Noubar Afeyan, PhD
John Akula, PhD, JD
Howard Anderson, MBA
William Porter Distinguished Lecturer in Behavioral Policy Science
William Aulet, MS
Patricia Bentley, PhD
Lori Breslow, PhD
Thomas Copeland, PhD
A. Denny Ellerman, PhD
Leigh Hafrey, PhD
Neal Hartman, ABD
Christine Kelly, PhD
Janice Klein, PhD
Mark Kritzman, MBA
Shari Loessberg, JD
Jeffrey Alan Meldman, PhD, JD
Director, Undergraduate Programs
Associate Dean for Academic Affairs
Kenneth P. Morse, MBA
Managing Director, MIT Entrepreneurship Center
John Parsons, PhD
Executive Director, MIT Center for Energy and Environmental Policy Research
Robert Pozen, JSD
John Rockart, PhD
Donald Barry Rosenfield, PhD
Director, Leaders for Manufacturing Fellows Program
Anjali Sastry, PhD
Peter M. Senge, PhD
Jeffrey Shames, SM
E. Sarah Slaughter, PhD
Henry Birdseye Weil, SM
Andrew Wolk, MBA
Kenneth Zolot, SM
Roberta Pittore, MBA
Phil Primack, MPA
Joel Cutcher-Gershenfeld, PhD
Peter Weill, PhD
Director, Center for Information Systems Research
Mark Klein, PhD
Jeanne Ross, PhD
George Roth, PhD
Alexander Samarov, PhD
Michael D. Siegel, PhD
George Herman, MS
Ralph Katz, PhD
Robert Laubacher, MA
Nils Fonstad, PhD
John Quimby, BFA
George Westerman, PhD
Stephanie Woerner, PhD
Thomas John Allen, Jr., PhD
Howard W. Johnson Professor of Management, Emeritus
Lotte Lazarsfeld Bailyn, PhD
T. Wilson Professor of Management, Emeritus
Jay W. Forrester, DEng
Germeshausen Professor of Management, Emeritus
Arnoldo Cubillos Hax, PhD
Alfred P. Sloan Professor of Management, Emeritus
Henry Donnan Jacoby, PhD
William F. Pounds Professor of Management, Emeritus
Codirector, Joint Program on the Science and Policy of Global Change
Howard Wesley Johnson, LLD
Speciality Faculty Professor of Management
Former Chairman, MIT Corporation
President, Emeritus
Gordon Mayer Kaufman, DBA
Morris A. Adelman Professor of Operations Research and Management, Emeritus
Robert Bruce McKersie, PhD
Professor of Management, Emeritus
Michael Stewart Scott Morton, DBA
Forrester Professor of Management, Emeritus
William F. Pounds, PhD
Professor of Management, Emeritus
Edgar H. Schein, PhD
Professor of Management, Emeritus
Abraham J. Siegel, PhD
Howard W. Johnson Professor of Management, Emeritus
Dean, Emeritus
D. Eleanor Westney, PhD
Society of Sloan Fellows Professor of International Management, Emeritus