Massachusetts Institute of Technology Data & Information Overview
This overview covers the essential stats on Massachusetts Institute of Technology, including its rankings, majors, diversity, and more. All you need to do to learn more about a stat is click on its tile, and you'll be taken to another page that analyzes that data more closely. Also, you can use the links below to scroll to any section of this page.- Rankings
- Admission and Acceptance
- Faculty
- Retention and Graduation Rates
- Diversity
- Cost
- Student Debt
- Average Earnings
- Location
- Majors
- Online Learning
- Related Schools
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How Well Is Massachusetts Institute of Technology Ranked?
2021 Rankings
College Factual recognizes the best colleges and universities in its annual rankings. These rankings include categories for best overall colleges, best colleges for each major, best value schools, and much more.
Massachusetts Institute of Technology was awarded 167 badges in the 2021 rankings. The highest ranked major at the school is general business/commerce.
Overall Quality
College Factual ranked MIT as #5 out of 1,715 colleges and universities in the country on its 2021 Best Colleges list. This puts it in the top 1% of all schools in the nation!
MIT is also ranked #2 out of 68 schools in Massachusetts.
See all of the rankings for Massachusetts Institute of Technology.
Is It Hard to Get Into MIT?
Acceptance Rate
Massachusetts Institute of Technology has a very low acceptance rate of 7%, making it one of the most selective out of all the colleges and universities in the nation. It's probably a good idea to apply to other schools in addition to MIT just in case you don't make the cut.
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.
Learn more about Massachusetts Institute of Technology admissions.
Massachusetts Institute of Technology Faculty
Student to Faculty Ratio
The student to faculty ratio is often used to measure the number of teaching resources that a college or university offers its students. The national average for this metric is 15 to 1, but at MIT it is much better at 3 to 1. That's good news for students who want to interact more on a personal level with their teachers.
Percent of Full-Time Faculty
In addition to the student to faculty ratio, some people look at what percentage of faculty members are full-time as a sign of how much time professors will be able to spend with their students. This is because part-time teachers may not be be on campus as much 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%.
Retention and Graduation Rates at Massachusetts Institute of Technology
Freshmen Retention Rate
The freshmen retention rate of 99% tells us that most first-year, full-time students like Massachusetts Institute of Technology enough to come back for another year. This is a fair bit higher than the national average of 68%. That's certainly something to check off in the good column about the school.
Graduation Rate
The on-time graduation rate for someone pursuing a bachelor's degree is typically four years. This rate at MIT for first-time, full-time students is 82%, which is better than the national average of 33.3%.
Find out more about the retention and graduation rates at Massachusetts Institute of Technology.
Excellent Overall Diversity at MIT
During the 2017-2018 academic year, there were 4,547 undergraduates at MIT with 4,510 being full-time and 37 being part-time.
MIT Diversity Score
For each college and university, College Factual calculates an overall diversity score that takes four factors into account: gender, ethnicity, age, and home location of the student. Then, the schools with the best mixtures of students with respect to these factors are ranked the highest.
With an overall score of 99.83 out of 100, MIT is one of the most diverse schools in the nation.
How Much Does Massachusetts Institute of Technology Cost?
The overall average net price of MIT is $18,278. 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 + |
|---|---|---|---|---|
| $7,581 | $3,343 | $2,938 | $9,303 | $40,757 |
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 16% of students took out student loans averaging $7,530 a year. That adds up to $30,120 over four years for those students.
The student loan default rate at MIT is 0.6%. 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?
The pay for some majors is higher than others, but on average, students who graduate with a bachelor's degree from MIT make about $104,700 a year during their first few years of employment after graduation. This is good news for future MIT graduates since it is 163% more than the average college graduate's salary of $39,802 per year.
See which majors at Massachusetts Institute of Technology make the most money.
Location of Massachusetts Institute of Technology
Located in Cambridge, Massachusetts, Massachusetts Institute of Technology is a private not-for-profit institution. The city atmosphere of Cambridge makes it a great place for students who enjoy having lots of educational and entertainment options.Get more details about the location of Massachusetts Institute of Technology.
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, 1,333 received undergraduate degrees and 2,537 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 | 408 | $118,100 |
| Mechanical Engineering | 185 | $75,100 |
| Mathematics | 111 | $120,300 |
| Physics | 86 | $73,900 |
| Chemical Engineering | 51 | $78,200 |
| Electrical Engineering | 51 | $116,600 |
| Aerospace & Aeronautical Engineering | 48 | $80,100 |
| Biomedical Engineering | 46 | $62,600 |
| Materials Engineering | 39 | $64,300 |
| Mathematics & Computer Science | 35 | NA |
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 2017-2018, 40 students took at least one online class at Massachusetts Institute of Technology. This is a decrease from the 44 students who took online classes the previous year.
| Year | Took at Least One Online Class | Took All Classes Online |
|---|---|---|
| 2017-2018 | 40 | 39 |
| 2016-2017 | 44 | 44 |
| 2015-2016 | 62 | 49 |
| 2014-2015 | 55 | 31 |
| 2013-2014 | 36 | 0 |
Learn more about online learning at Massachusetts Institute of Technology.
Find Out More About Massachusetts Institute of Technology
Related Schools
If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.
- Columbia University in the City of New York
- Northwestern University
- Rensselaer Polytechnic Institute
- University of Notre Dame
- Washington University in St Louis
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!
References
- National Center for Education Statistics
- College Scorecard
- Integrated Postsecondary Education Data System
- Image Credit: By InSapphoWeTrust under License
More about our data sources and methodologies.
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