MIT MFin MIT MFin Admission Discussion

[zhengli]

Hello,

When I go to the online application site https://app.applyyourself.com/?id=mit-mfin, it seems that I can't create a new account and start my application, anyone has the same problem?

Thanks in advance,
Zheng

 

[PennyLess]

I am in the process of putting together my application.

You have to first create an account on the MIT Sloan Space. Then you can use the same set of account login to access your online application.

https://mitmba.askadmissions.net/emtinterestpage.aspx?ip=mba_mfin_interestpage

 

[dalaohei]

Good news to those who did not have time to apply.
MIT added a second round deadline to January.

 

[Andy Nguyen]

We will know the answer shortly.
MIT MFin has 950 applicants last year and this year, they have a full year to fire on all cylinder so we will see if they decide to extend the class size from 60 or not.
Nobelist Merton rejoins MIT Sloan to teach quantiative finance | Quant Network

Columbia SEAS extended their deadline last year as well. Forum | Quant Network - View Single Post - Columbia MSOR interviews

 

[dalaohei]

they extend the deadline because many emailed them to postpone so that people can take the december GRE or GMAT.

 

[PennyLess]

Second rounders can get their admission results within 6 weeks of application deadline. That's going to attract a decen tnumber of people to apply to round 2.

I rushed my GRE, essays and recommendations to get them in by yesterday. Hopefully there's no disadvantage against second rounders who have more time to prepare.

 

[Andy Nguyen]

PennyLess,
Some people will say it's unfair but schools will do what's best for them. I'm not buying the argument that a huge university like MIT would change their admission process because some students want to take a later exam. It doesn't work that way for well-oiled machine such as business schools.

You probably should post the online chat transcript here.

 

[sason]

I can think of two possible reasons
a. I think they didn't received the number of applications they had expected. They would not want to state that there were fewer applications than last year or that there was no significant increase.
b. There are still a lot of incomplete applications and they want to give them a chance by
adding them to the second round.

However I remember in some chat they clearly denied any plan to increase the seats ...

 

[darth]

I think reduced number of applicants could be the reason or may be increased number of seats.
I don't understand why they ask for an academic reco for people who are out of school for 4-5 years... My professors won't even remember me after 5 years...
Few of my friends with 2-3 years of work-ex did not apply due to this reason .

 

[sason]

I think reduced number of applicants could be the reason or may be increased number of seats.
I don't understand why they ask for an academic reco for people who are out of school for 4-5 years... My professors won't even remember me after 5 years...
Few of my friends with 2-3 years of work-ex did not apply due to this reason .

I think the program is aimed at recent undergrad and career changers ( at least what they have posted on their website) probably this is the reason they want one academic reco.
Moreover their application form was also very acad focussed (with subjects grades etc).

 

[PennyLess]

I think reduced number of applicants could be the reason or may be increased number of seats.
I don't understand why they ask for an academic reco for people who are out of school for 4-5 years... My professors won't even remember me after 5 years...
Few of my friends with 2-3 years of work-ex did not apply due to this reason .

I applied with 3.5 years of experience. My professors were actually very nice about writing my recommendation though they didn't remember a single thing about me except what grades I had in their grade spreadsheet. One of them actually had me sit down with him for a half hour chat and he was telling me about the benefits of each of the programs out there. He asked me for my transcript so he could see my performance on the other statistics courses I have taken, so he could comment on what they mean for grad school success. Given that he didn't remember a single thing about me, I think that's the best a professor could do for a candidate.

 

[PennyLess]

More on MIT MFin

Since this is a thread on MIT, I would like to share some more information from one of the online chat sessions with those who applied, those preparing for round 2, and the others who are curious.

According to the Sloan admissions office, new courses offered in the Spring are:
1. Functional & Strategic Finance (R. Merton) - he taught this in Harvard before so you can find the syllabus and course description there.
2. Retirement Finance, Lifecycle Investing & Asset Management (R. Merton)
3. Analytics of Finance II (Andrew Lo) - their second FE course

 

[sason]

Thanks for the info.
any idea how many days after the deadline they start sending the interview invites and how many days after the interview one can expect the result.

 

[nmmorris]

I applied in the 2nd round for the MIT Master in Finance, and I have a phone interview on Wednesday. Has anyone interviewed with MIT for this program? What types of questions should I expect?

 

[FFW]

Hi I also applied for the second round. Did you get the invite through email?

 

[Andy Nguyen]

MIT MFin interview is done by their grad admission staff so don't expect to see technical questions. It's mostly resume question, why MIT, what your career goal, etc.

 

[sidchaks]

When will the interviews for the second round will be conducted?

Guys, anyone has a clue when the applicants of round 2 will be called for an interview?

 

[Andy Nguyen]

People already have been scheduled for interview.
Check the Forum | Quant Network - Application Tracker

 

[nmmorris]

Thanks Andy, that's kind of what I was thinking. @FFW, yes, I got an email yesterday afternoon asking me to sign up for a phone interview time slot

 

[sidchaks]

Andy, you have closely observed the process last year. Do you think everyone who applied will know that results this week?