MIT Master of Finance MFin program

MIT Master of Finance MFin program

Learn about tuition, fees and fellowships and financial aid information:
Application deadline
January 3, 2019
Cambridge, MA
For discerning students looking for a rewarding career in finance, the MIT Sloan Master of Finance Program carries with it a legendary reputation, world renowned faculty and innovative, hands-on learning experiences in a top-ranked, early-stage finance degree. An MFin degree is a smart investment in your future, generating returns throughout your lifetime.
Distinctive Value

Academic Excellence: MFin students are high achievers from around the world who selected our world-class STEM program — emphasizing a foundation in how markets work, and a rigorous curriculum engineered around the most advanced financial theories, quantitative models and industry practices — and are tailoring it to meet their specific career requirements.

World Renowned Faculty and Hands-on Action Learning: Students learn from recognized finance authorities who paved the way for modern finance and continue to influence global policies and practices — a hallmark of MIT — and collaborate with industry practitioners in high-impact action learning assignments.

Rewarding Careers and the MIT Experience: Students benefit from a program designed to prepare students to make a difference, with personalized guidance targeting premier careers among highly sought-after established financial firms, public institutions, and leading-edge organizations. Students access an ecosystem of finance resources and alumni, and join an inspiring community of innovators, carrying MIT’s reputation with them throughout their careers. Highlights of our graduates Employment and the latest Employment Report can be found here.

Meet Our Students: What is it like to be an MFin student here? Our students are unique, representing a diverse range of backgrounds. They experience MIT Sloan in their own way yet create a cohesive community. Here is a link to their profiles.

Stay connected and follow us on Facebook, YouTube, Twitter.
  • MIT.jpg
    137.4 KB · Views: 167
  • Like
Reactions: Heidi Pickett
Diane Jordan
First release
Last update
3.63 star(s) 19 ratings

Latest reviews

  • Anonymous
  • 2.00 star(s)
Was hoping for a better experience. Students bunch into country groups pretty fast. Learned less than I thought I would from them. Good name brand but MIT Sloan seems more set up for MBAs, especially recruiting.12 month program feels jammed, no internship - but 18 month program costs a lot. BIG program - hard to get to know profs.
The Positives:
- The curriculum is extremely flexible, you can gear your academic experience as you see fit, much more than other programs out there. It gives you a space to take on risks academically.
- Access to MIT's engineering school, Harvard's Law and Business Schools, MIT PhD level electives, you will not run out of challenges.
- The faculty is superb. It feels like they're a little unavailable in the sense of being extremely busy with their PhD students, outside projects, etc. But if you show interest, go to their office hours and engage you'll tap into that amazing resource. You have to go for it though.
- Fellow classmates are beyond bright, oftentimes intimidating. From an academic standpoint there's a lot to be learned from sharing. Every TA, PhD student, Sloan Fellow or MBA you interact with is bathed in a culture of integrity and excellence that it just pours into everything. I think MIT benefits greatly from attracting exceptional people.
- The networking opportunities, companies visiting the campus, MIT connections & alumni network (which is extremely helpful), career events and resources are just vast and constantly available. There's something going on every day. Skipping class can be the best choice any given day with all that's goin on all of the time. You must prioritize and you must dedicate yourself to career activities as it is not going to be just handed out in a silver plate.

The Negatives:
- Career Office works extremely hard but has gone through many changes in the past few years and it feels like they're still finding their direction. Expect to put on a little extra work in preparing for finding a job.
- As a pre-work experience degree, there's diverse range of backgrounds but not a diverse range of profiles. Most students are 22 y/olds with little to contribute to a classroom experience.
- Students are (almost naturally) secluded into groups (mostly by geography) and you don't get to see much openness to mixing within. The class is also large and even with different cohorts the bonding experience is nowhere near like the MBAs
- The 12 month version is way too tight and packed to benefit from the flexibility of the curriculum and the opportunity to take electives. Requirements are the same between 12 and 18 month programs so you can enjoy all of this in the 18 month version.
- It is a pricey degree, specially for a pre-experience degree that aims to insert one to the highly competitive financial labor market. The cost is steep and from what I believe, not a lot of aid is handed out.

Overall the experience was amazing to me. I was able to enjoy all of the gifts and opportunities the program had to offer.
  • Anonymous
  • 2.00 star(s)
The good:
smart fellow students from all around the world (w China /ABC concentration)
Dedicated TAs
Cambridge / Boston =Great college town
It's MIT!!!

The bad:
v large program, hard to stand out compared to other students, hard to get to know profs
Profs could be a lot more dynamic
Very little on-campus recruiting, interviewing etc - recruiters seem way more interested in MBAs
Cambridge Boston = expensive
Program costs a lot for what you get

The ugly:
Major cultural problems persist at the school
New Micromasters...kinda makes it even harder to justify >$100k tuition
- Good administrative support
- International students from everywhere in the world, mostly China though
- Good TA's
- Great city - Boston

- Poor grading, ie grade deflation/poor curves if any, enough complaints can change grades
- Big program, pretty competitive - difficult to stand apart from the rest and excel
-Recruitng efforts not strong - seem to be more focused on MBAs
- Professors seem to be busy with other things, hard for them to know you
- Expensive city - Boston

Could, Should be better...
MIT has a great reputation, but it seems like the school is trading on this reputation with the MFin program. The professors are solid but seem to have a lot going on outside of MIT - investment funds etc - so you end up getting to know the TAs a lot better. Not a huge deal but can be a problem if you ever need a reference. Program is pretty big too, hard to get to know everyone. Fun to take classes with students from other programs. Not as much recruiting as youd expect, especially compared to MBAs and MBAns. Hard to believe the Media Lab stayed involved with Epstein so long, pretty disappointing.
Something seems to be broken with the culture at MIT Sloan MFin. They push group assignments in almost all the courses, but don't seem to care if people are simply copying the answers from their group-mates. Faculty don't want to get involved with any discussions about cheating. It is a no win situation for them. Students who don't like their grades can simply keep arguing with the professor to get it changed. The admin people make sure to tell the professors what grade a student needs to avoid failing out - guess what happens then?

Finally, recent disclosures of MIT's connections with Jeffrey Epstein, particularly after his first conviction as a sex offender, point to something really missing from the schools value system.
Program is OK but plenty of room for improvement

++ Program is big - there are around 150 MFins on campus in the fall - challenging on a lot of levels - probably toughest is that it's harder to get to know the professors, make a good impression

++High cost - given above

++A lot less recruiting on campus than expected - MBAs still getting the best treatment from employers - I guess that's the way it is

++Tough to get to know your classmates - students seem to fall into social groups by country pretty early on - not sure if the school can do much about this
fellow students are very sharp academically, you will learn a lot from them - sometimes a bit intimidating! but many are super generous sharing what they know.

good teaching, especially from the course assistants / grad students - very accessible and helpful especially coming up to midterms and finals - they really try hard to teach you every thing you need

MIT reputation :0

Very good location / Boston is a great college town, able to meet so many young people from other schools too

Size of program - it's really big! can feel very hard to make an impression especially on professors - can be a little easy to get lost

On campus recruiting is really weak for such a large program. Career office tries hard, but typical 'recruiting' for MFins is a meet-and-greet event with a dozen students surrounding someone from a firm - meanwhile the MBA students have targeted recruiting presentations from employers visiting sloan with many staff members, dedicated interview schedules just for them, actual employers coming to interview them - the difference is kinda shocking. you're a lot more 'on your own' for your job search than you'd think.

Cost - $100k for the 18mo program just seems so high, before all your living costs - with all the students attending, and not a whole lot of financial aid, kinda felt a bit like a money grab...

Group Work Free Riders - big emphasis on group work throughout sloan, but not a lot of interest in preventing 'free riders' slacking off - school seems to want to push that task back on the students - so it happens a lot more than it should. Try to get to know the folk you're going to be in teams with, especially for longer / intense courses.
  • Anonymous
  • 3.00 star(s)
Solid academics - fellow students very smart - but it's hard to make relationships with professors - a lot of teaching done by grad students - not a huge surprise generally but not what I expected for a program that cost this much.

Very very few recruiters come to campus for MFins - kinda crazy considering how large the program is - seems like almost all recruiting activity is for MBA students.

Hard to mix with other students - MBAs do their own thing, and MFins tend to socialize by country / continent - not as social as I thought it would be.

Good to be in Boston - great college town.

Overall, not a bad program, but a lot of room to improve I guess, especially with getting recruiters on campus.
  • Anonymous
  • 3.00 star(s)
Professors: Solid, though several no longer doing cutting-edge work

Curriculum: Liked the flexibility, but had to spend more time explaining courses to employers

Cost: High. It's one of the more expensive programs, with one of the larger classes - up to 150 MFINs in the fall now - not sure why still so expensive

Jobs: A lot fewer companies coming to MIT Sloan recruiting for MFINs than I expected - you often find yourself going up against MIT undergrads.

Students: Very smart. Hard to 'bond' with such a big class - lots of 'clicks' esp by ethnic group

Location: Amazing, great to be in Boston / Cambridge area

Overall, a solid program, but feels very costly relative to many of its competition, hard to stand out as a student to employers in such a big class.