Massachusetts Institute of Technology

Massachusetts Institute of Technology Data & Information Overview

If you want to know more about Massachusetts Institute of Technology, such as what majors does it offer, how diverse it is, how well it ranks, and more, this is your one-stop resource. Want to dig deeper into a particular stat? Just click on its tile and you'll be taked to a more in-depth page on the figure. In addition, you can use the links below to quickly jump to any section on this page.

How Well Is Massachusetts Institute of Technology Ranked?

Quality Badge

2022 Rankings

In its yearly rankings, College Factual analyzes over 2,000 colleges and universities to determine which ones are the best in a variety of categories, such as overall value, quality, diversity, which schools are the best for each major, and much more.

Massachusetts Institute of Technology was awarded 505 badges in the 2022 rankings. The highest ranked major at the school is applied mathematics.

Overall Quality

MIT is ranked #2 out of 2,576 schools in the nation for overall quality on College Factual's 2022 Best Colleges list. This puts it in the top 1% of all schools in the nation! This is an improvement over the previous year, when MIT held the #5 spot on the Best Overall Colleges list.

MIT also holds the #1 spot on the Best Colleges in Massachusetts ranking.

See all of the rankings for Massachusetts Institute of Technology.

Is It Hard to Get Into MIT?

Acceptance Rate

Even if you have the best grades and high test scores, that may not be enough to get into MIT since the school has one of the most selective in the country. Its acceptance rate is a mere 7%, so there's no shame if you don't get in. Be sure to apply to other schools just in case.

Average Test Scores

About 72% of students accepted to MIT submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 720 and 770. Math scores were between 770 and 800.

SAT Reading and Writing Scores for Massachusetts Institute of Technology  ( 720 to 770 )
200
800

SAT Math Scores for Massachusetts Institute of Technology  ( 770 to 800 )
200
800
MIT received ACT scores from 55% of accepted students. When looking at the 25th through the 75th percentile, ACT Composite scores ranged between 33 and 35.

ACT Composite Scores for Massachusetts Institute of Technology  ( 33 to 35 )
1
36

Learn more about Massachusetts Institute of Technology admissions.

Massachusetts Institute of Technology Faculty

Student to Faculty Ratio

At MIT, the student to faculty ratio is an excellent 3 to 1. That's much better than the national average of 15 to 1. This indicates that many classes will probably be small, and students will have ample opportunites to work closely with their professors and classmates.

Percent of Full-Time Faculty

When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.

The full-time faculty percentage at Massachusetts Institute of Technology is 99%. This is higher than the national average of 47%.

Full-Time Faculty Percent  99 out of 100
0
100

Retention and Graduation Rates at Massachusetts Institute of Technology

Freshmen Retention Rate

Massachusetts Institute of Technology has a freshmen retention rate of 99%. That's a good sign that full-time students like the school and their professors enough to want to stick around for another year. It's also a sign that the admissions team did a good job in choosing applicants who were a good fit for the school.

Freshmen Retention Rate  99 out of 100
0
100

Graduation Rate

Students are considered to have graduated on time if they finish their studies within four years. At MIT the on-time graduation rate of first-time, full-time students is 82%. That is great when compared to the national average of 33.3%

On-Time Graduation Rate  82 out of 100
0
100

Find out more about the retention and graduation rates at Massachusetts Institute of Technology.

Massachusetts Institute of Technology Undergraduate Student Diversity

During the 2017-2018 academic year, there were 4,530 undergraduates at MIT with 4,501 being full-time and 29 being part-time.

How Much Does Massachusetts Institute of Technology Cost?

The overall average net price of MIT is $16,636. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.

Net Price by Income Group for MIT

$0-30 K $30K-48K $48-75 $75-110K $110K +
$4,535 $1,820 $6,049 $14,381 $38,934

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of MIT, see our tuition and fees and room and board pages.

Student Loan Debt

While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At MIT, approximately 11% of students took out student loans averaging $8,754 a year. That adds up to $35,016 over four years for those students.

The student loan default rate at MIT is 1.1%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Get more details about paying for Massachusetts Institute of Technology.

How Much Money Do MIT Graduates Make?

Yearly salaries vary depending on what you major in, but on average, bachelor's degree recipients from MIT make around $104,700 per year during the early years of their employment. That's great news for MIT students since it is 163% more than the average college graduate's salary of $39,802 per year.

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See which majors at Massachusetts Institute of Technology make the most money.

Location of Massachusetts Institute of Technology

Massachusetts Institute of Technology is a private not-for-profit institution located in Cambridge, Massachusetts. The location of MIT is great for students who prefer living in an urban area.

Get more details about the location of Massachusetts Institute of Technology.

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Contact details for MIT are given below.

Contact Details
Address: 77 Massachusetts Avenue, Cambridge, MA 02139-4307
Phone: 617-253-1000
Website: web.mit.edu/
Facebook: http://www.facebook.com/MITnews
Twitter: http://twitter.com/mit

Massachusetts Institute of Technology Majors

During the most recent year for which we have data, students from 46 majors graduated from Massachusetts Institute of Technology. Of these students, 1,303 received undergraduate degrees and 2,412 graduated with a master's or doctor's degree. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.

Most Popular Majors Bachelor’s Degrees Average Salary of Graduates
Computer Science 424 $118,100
Mechanical Engineering 147 $75,100
Mathematics 112 $120,300
Physics 83 $73,900
Aerospace & Aeronautical Engineering 53 $80,100
Biomedical Engineering 50 $62,600
Economics 45 NA
Electrical Engineering 44 $116,600
Chemical Engineering 42 $78,200
General Biology 35 $36,700

Learn more about the majors offered at Massachusetts Institute of Technology along with which ones have the highest average starting salaries.

Online Learning at MIT

Online courses area a great option for busy, working students as well as for those who have scheduling conflicts and want to study on their own time. As time goes by, expect to see more and more online learning options become available.

In 2018-2019, 46 students took at least one online class at Massachusetts Institute of Technology. This is an increase from the 40 students who took online classes the previous year.

Year Took at Least One Online Class Took All Classes Online
2018-2019 46 46
2017-2018 40 39
2016-2017 44 44
2015-2016 62 49
2013-2014 36 0

Learn more about online learning at Massachusetts Institute of Technology.

If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.

Curious on how these schools stack up against MIT? Pit them head to head with College Combat, our free interactive tool that lets you compare college on the features that matter most to you!

Notes and References

Footnotes

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

References

More about our data sources and methodologies.

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