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Massachusetts Institute of Technology Master’s in General Business/Commerce

40 Master's Degrees Awarded
$165,410 Average Salary

The main focus area for this major is General Business/Commerce. For more details on this concentration, visit its profile page.

General Business/Commerce is a major offered under the business, management and marketing program of study at Massachusetts Institute of Technology. We’ve pulled together some essential information you should know about the master’s degree program in general business, including how many students graduate each year, the ethnic diversity of these students, whether or not the degree is offered online, and more.

If there’s something special you’re looking for, you can use one of the links below to find it:

How Much Does a Master’s in General Business from MIT Cost?

$56,719 Average Tuition and Fees

MIT Graduate Tuition and Fees

During the 2019-2020 academic year, part-time graduate students at MIT paid an average of $0 per credit hour. No discount was available for in-state students. Information about average full-time graduate student tuition and fees is shown in the table below.

In StateOut of State
Tuition$53,450$53,450
Fees$3,269$3,269

How Much Can You Make With a Master’s in General Business From MIT?

$165,410 Average Salary
High Earnings Boost

The median early career salary of general business students who receive their master’s degree from MIT is $165,410 per year. That is 125% higher than the national average of $73,542.

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Does MIT Offer an Online Master’s in General Business?

Online degrees for the MIT general business master’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the MIT Online Learning page.

MIT Master’s Student Diversity for General Business

40 Master's Degrees Awarded
37.5% Women
5.0% Racial-Ethnic Minorities*
During the 2019-2020 academic year, there were 40 master’s degrees in general business handed out to qualified students. The charts and tables below give more information about these students.

Male-to-Female Ratio

Women made up around 37.5% of the general business students who took home a master’s degree in 2019-2020. This is less than the nationwide number of 42.0%.

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Racial-Ethnic Diversity

Of those graduates who received a master’s degree in general business at MIT in 2019-2020, 5.0% were racial-ethnic minorities*. This is lower than the nationwide number of 23%.

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Race/EthnicityNumber of Students
Asian2
Black or African American0
Hispanic or Latino0
Native American or Alaska Native0
Native Hawaiian or Pacific Islander0
White7
International Students24
Other Races/Ethnicities7

Master’s in General Business Focus Areas at MIT

General Business/Commerce students may decide to major in one of the following focus areas.

Focus AreaAnnual Graduates
General Business/Commerce40

You may also be interested in one of these majors related to general business/commerce.

Related MajorAnnual Graduates
Management Sciences & Quantitative Methods676

View All General Business/Commerce Related Majors >

References

*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.

More about our data sources and methodologies.

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