MIT Sloan nnn

MBA Program nnn

openmindsopenarmsopeneyesopendoors

2008-2009
 the mba program 1

At MIT Sloan, it’s not just about how you think; it’s about what you do.
You apply knowledge to create solutions, products, companies—and a better way of life. We encourage
the generation of ideas and we give you the tools to execute them to their greatest possibility.
Here, thought and action—theory and practice—always go hand in hand. It’s all part of our MIT legacy:
Mens et Manus, mind and hand. As MIT’s management school, we are guided by the principle of
intellectual pragmatism; we excel at the science and art of management.

Open minds, open arms,
open eyes, open doors.
Leaders for Ma
Orientation, the core curriculum and the Career Core provide the foundation of an MIT
Sloan education. The opportunities to build yourself up from there are numerous and
exciting, each designed to give you the theoretical and practical knowledge you need
to achieve your future career goals.

MIT Sloan’s credo of

mens et manus

— mind and hand —

opens your world to new

possibilities.
 “MIT Sloan is about
3
making a difference
in the world,
and it means you’ve got to be smart at learning.”

Anjali Sastry, Senior Lecturer, Management Science

Changing the Conversation on Sustainability

Professor Richard M. Locke

As one of a group of faculty spearheading the Sustainability Initiative at MIT Sloan, Professor Richard
M. Locke well understands the challenges faced in changing this critical conversation away from constraint,
scolding, and despair toward challenge, opportunity, and empowerment. He also knows that MIT is
well positioned to lead this charge, aided in no small part by the MBA students who enroll in the Laboratory
for Sustainable Business — better known as S-Lab — a unique course offering that places students in
companies around the world to work on specific sustainability-based projects.

“Many of the 70 or so MIT students who enrolled this semester in … S-Lab were predictably motivated
by a heartfelt interest in the environment, especially climate change,” wrote Locke in a recent article.
“But other MBAs showed up for another basic reason: They see great investment opportunities in
sustainability and want to learn more about it.”

Locke and others are spreading this message off campus as well, sharing a more comprehensive
approach of sustainability and its interwoven significance to the global community. As Locke relates,
sustainability is not simply about the environment, and it is not about hindering corporate growth
or development, but rather about considering new models and methodologies — as well as innovative
opportunities — that could not only sustain ways of doing business, but actually improve them.

openminds
“One of the things we want to try to do is say, ‘Look, there are all sorts of opportunities here, not just
in terms of savings, but also in launching new products, starting new businesses, redesigning existing
businesses and business practices,’ ” says Locke. “What we are trying to do is show business that this
issue of sustainability will not go away; it’s not another fad. We’ve had those fads, but all the facts seem
to be coming in that this is a pretty serious issue. … [S-Lab] creates an opportunity not just for business,
but also for our students, especially professional management students, to hear that they don’t have to
leave their values at the door.”
 curriculum innovations 5

The MIT Sloan Innovation Period (SIP)

SIP provides a marked contrast to traditional classroom activities, enabling students to hear directly
from faculty about cutting-edge research and to participate in intensive leadership seminars. The
weeklong SIP—held mid semester—also provides a forum for students to develop general business
knowledge and exposes them to a wide variety of speakers, presentations, and events.

Entrepreneurship & Innovation Option (E&I)

The new E&I option focuses on launching and developing emerging technology
companies. E&I students immerse themselves in a rigorous curriculum. The program—
consisting of four required courses and six additional electives—is highlighted by
weekly dinners and access to key faculty and leaders in entrepreneurship and venture
capital. E&I students receive a Certificate in Entrepreneurship and Innovation in
addition to an MBA.

Sustainability Lab (S-Lab)

One of the key principles of S-Lab is the idea that people need to understand the basic
aspects of a problem in order to properly address a solution. Utilizing a collaborative,
interdisciplinary approach to sustainability challenges, S-Lab is jointly taught by seven
of the School’s top faculty and features opportunities to work with a variety of companies
as they confront environmental and social business challenges.

Core Curriculum

An MIT Sloan education is current, dynamic, and global. It is distinguished by its

combination of theory and practice. You will immerse yourself in a flexible curriculum
with a unique one-semester core that provides the fundamentals of a forward-thinking
educational experience through an intensive and academically rigorous curriculum
of six core courses and four core electives. MIT Sloan is the only top school where
first- and second-year students are comingled in the classroom…the result being an
extended network and a wealth of knowledge sharing among peers.

First-semester core: Core electives:

> Economic Analysis for > Finance Theory I
Business Decisions > Marketing Management
> Data, Models, and Decisions > Introduction to Technical
> Special Seminar in Com- Entrepreneurship*

{
munication: Leadership and > Finance Practitioner Seminar
Personal Effectiveness Coaching
learn more Curriculum: http://mitsloan.mit.edu/mba/program/curriculum.php
> Communication for Managers *Open only to E&I students.

more learn more E&I Option: http://entreneurship.mit.edu/E_and_I.php > Organizational Processes (OP)
> OP Team Project
learn more First Semester: http://mitsloan.mit.edu/mba/program/firstsem.php
let’s get it started 7

Robert Meese, MBA ’08, Will O’Brien, MBA ’08

What do a telecom company aimed at fostering employment in developing countries and a men’s clothing
consumer website have in common? They were born, so to speak, at MIT Sloan.

Assured Labor matches dependable workers with honest employers via mobile phone text messaging,
which is more widely used in developing countries than the Internet because of cost and accessibility.
Starting in Brazil, Assured Labor hopes to be a productive resource for connecting the right skills with the
right jobs, ultimately increasing efficiency and creating more jobs.
“You come here and you establish yourself
as having the ability to do anything... .
Aside from his genius, Albert Einstein was also renowned for being a creature of habit
with his wardrobe preferences, similar to men today. Project Einstein looks to alleviate
And then you come out with this really
the pain of shopping for clothes by serving as a trusted advocate for male consumers. powerful resumé…You come out with a
In addition to providing aggregated access to apparel merchants, Project Einstein will
provide personalized recommendations and even style advice. background that really couldn’t be stronger
in the world of management.”
Finalists in MIT’s renowned $100K, both startups were nurtured by the entrepreneurial
energy and resources that pervade MIT Sloan. Assured Labor founder David Reich, Alex Slawsby, MBA ’07
MBA ’08, found support for his idea—and some new co-workers—via the Developmental
Entrepreneurship class. Project Einstein’s Will O’Brien met co-founder Robert Meese as
part of the E&I Program. Some good coaching, important connections, and collaborative
classmates also helped.

Reich, who came to MIT Sloan with the specific goal of creating a startup, says, “People
heard about our idea and got excited; they got behind it. We’ve connected with alumni
in Brazil and are working with an MIT grad on the technical side. Access to resources
like these at MIT has given us tremendous opportunity.”

dual degree programs

Leaders for Manufacturing (LFM)

The LFM program offers future leaders of diverse global operations the opportunity
to earn both an MBA and a Master of Science in Engineering. The two-year dual major
prepares students to solve significant global manufacturing and operations challenges
while broadening management and technical expertise. Academic and corporate part-
ners provide LFM students with 80% fellowships and six-month hands-on internships.
http://lfm.mit.edu

Biomedical Enterprise Program (BEP)

Established by MIT Sloan and the Harvard-MIT Division of Health Sciences and Technology,
BEP prepares students to lead new waves of innovation in biomedical business. A three-

{
year program, BEP provides an unrivaled real-world learning environment in which students
integrate training in medicine, biotechnology, and business.
learn more 100K Challenge: http://MIT100K.com
http://bep.mit.edu

Harvard Kennedy School at Harvard University

more learn more Assured Labor: http://www.AssuredLabor.com

This three-year dual-degree program with the Harvard Kennedy School allows students learn more Project Einstein: http://www.ProjectEinstein.com
to earn both an MBA and an MPA/MPP.
http://mitsloan.mit.edu/mba/program/mitsloan-hks.php
 the human element 9

Professor Emilio Castilla

“I’ve always been interested in HR issues and I believe there is an opportunity for our MBAs to get to
know what it takes to motivate and mobilize people, to get them on board, and to build the organization
they want to build. In order to do so, I think it’s crucial to be able to identify, evaluate, and resolve the
variety of today’s issues relating to the management of people.

The idea behind my class, Strategic Human Resource Management, is to make

students seriously think about the human aspects of running organizations. We adopt
the perspective of a general manager and address human resource management
topics and challenges from a strategic perspective. We look at recruitment and selection,
training and development, performance management, compensation, and employee
relations, and we learn about the importance of aligning these elements with the goals
of the organization. And we try to understand what kind of competencies you need
from your leaders in order to create and sustain a positive workplace for everyone.

Because the field of human resource management is multidisciplinary, it’s important

to understand the basic economic, sociological, psychological, legal, and institutional
factors that influence the employment relationship. I like to tell students about what
economists have to say about what motivates people to work, what psychologists say
about intrinsic and extrinsic motivation, and what sociologists have learned about the
social aspects of employment.

Students like that I’m bringing in examples from companies in different industries and
when I tell them about the companies I’ve worked with. They are eager to learn about
the theory first, and to see how these theories get to be applied in specific company
cases and situations.

One particular dimension that makes MIT unique is how the students get to hear about
our research projects during their education, and they inquire about our publications.
This is not necessarily the prototypical MBA student situation, based on my experience,
but I think that the mixing of case discussions, reading material-with rigorous academic
analysis and up-to-date research findings-can help our students face real-world situations
with success.”

no good deed goes unrecognized

Peer Recognition Awards

Beginning in spring 2008, MIT Sloan students are honoring the achievements of their
classmates through the Peer Recognition Awards. Given out at the monthly Town Hall

{
meetings, the awards recognize individuals or teams whose contributions to the MIT
learn more MIT Sloan Faculty: http://mitsloan.mit.edu/faculty Sloan community are novel or innovative; start new traditions or improve existing ones
more and expand opportunities; or are significantly beyond the usual call of duty. Recent
learn more Peer Recognition Awards: http://mitsloan.mit.edu/mba/experience/peer.php winners include the organizers of the Sports Business Conference and the Fall Ball.
 “These people, at any point in my career,
11
could call me and

ask me for anything

and if it was in my power, I’d clearly do it.”

Saadiq Rodgers-King, MBA ’08

the team way

They’re known as the Baltic Egrets, a first-semester core team with one member from Australia,
one from Jamaica, one from Thailand, and three from the U.S. They come from consulting, software
development, fund management, venture capital, and nonprofit—and they’re headed down very
different career paths. But when these six strangers came together, the aptly named Egrets took the
concept of teamwork to new heights.

From the beginning, the group was committed to creating the best in one another. They trusted each
other enough to share their weaknesses as well as their strengths. When Parith, a native of Thailand,
expressed his desire to improve his communication skills in English, the group went out of their way to
support his goals. They all agreed that Parith would complete the first draft for any team paper so that
he could learn from the changes going forward. It may not have been the easy way, but it was the team way.

But the Egrets weren’t just about academic support. There were team dinners shared with spouses
(the team even adopted Laura’s husband, a fellow first-year, as an honorary Egret), trips to exotic
locales, and even a night out at the orchestra.

“Being with my core team is definitely the very best experience I’ve had at MIT Sloan. They are the ones
who make my experience here a really meaningful one,” says Parith.

openarms
The team commitment has extended beyond their core experience. While busy second-year schedules
keep them from seeing each other regularly, five Egrets did a G-Lab together in São Paulo in January
and three took a trip to Tanzania and Rwanda during spring break.

While their time at MIT Sloan will soon come to an end, the Baltic Egrets will carry on their strong
bonds. Says Saadiq Rodgers-King, “It is inconceivable to me that we will not continue our friendship
beyond graduation.”
the experience 13

The MIT Sloan Experience

It’s fun and frenetic, filled with seemingly endless opportunities to make new friends, go new places, and
learn new things. Our diverse student body cherishes the opportunity to learn from those who are different
from them. They are collaborative and team-oriented, viewing competition as an opportunity for everyone
to shine. They are driven to make their mark on the world, but down-to-earth. At MIT Sloan, you’ll build more
than just your skill set; you’ll build relationships and experiences that will last a lifetime.

innovation fueled by M&Ms

Susan Rogol, MBA ’08, Kristen Oldenburger, MBA ’08

Prior to coming to MIT Sloan, Susan Rogol —a dual English and Spanish major who’s
also a trained chef—worked for Martha Stewart, successfully launching a new food
magazine. Kristen Oldenburger, who is trained in industrial engineering and human-
The first-ever Sustainability C-Function
computer interaction, is an airline industry veteran who figure skates competitively
on a team in her spare time. featured a recycling relay race, a Project
Runway-style competition highlighting
Given their diverse backgrounds, you might be surprised that these two are friends
and productive colleagues. That’s how things work at MIT Sloan, where the value of recycled clothing, and a video on what
diversity and a genuine interest in getting to know other people benefits everyone.
sustainability means to the MIT Sloan
As part of a four-woman team participating in the Innovation Challenge, Susan and community. With recycling and compost-
Kristen were immersed in a condensed, accelerated period of brainstorming that truly
ing, the event concluded with only one
tested their ability to innovate on the fly.
bag of garbage.
“Innovation, to me,” says Kristen, “is coming up with new ways to tackle old problems,
but also creating something that’s completely different.”

For the first round of the challenge, the team was charged with generating ideas to give
M&M Mars more prominent on-shelf store displays. The team’s approach—in addition
to partaking of vast quantities of the product—was to focus on what makes M&Ms exciting.
Their final recommendation? To have in-store kiosks that provide consumers with the
ability to purchase customized M&Ms.

In the end, the team faired very well, taking first place in their division. Moving on to the
competition’s final round, they tackled questions for Hilton and Chrysler, ultimately
finishing third out of 440 teams. For Susan, Kristen, and their teammates, the value
of the challenge goes beyond the project’s results. “What’s contributing a lot to my
experience here is taking advantage of all of the outside opportunities, because when

{
you do, you learn in the process. And doing it with your teammates, you get great
feedback,” Susan said. learn more MIT Sloan Experience: http://mitsloan.mit.edu/mba/experience

Their future goals are as divergent as their backgrounds: Susan plans to work in new more learn more Women at MIT Sloan: http://mitsloan.mit.edu/women

media, while Kristen wants to stay involved with airlines. But they will always have their
learn more MIT Sloan Experience Video: http://mitsloan.mit.edu/experience
MIT Sloan experience—and M&Ms—in common.
 significant others 15

Significant Others of Sloan: SOS

It’s very important for the significant others of our students to share in the life-changing personal and
professional experiences that their partners encounter during their time at MIT Sloan. The SOS club
offers many ways for significant others to get to know each other and to get involved in the opportunities
available to them throughout the MIT Sloan community. There are also dinners and outings with
their partners’ classmates, family holiday parties, and the occasional chance to hitch a ride on one
of the international trips—making the time spent at MIT Sloan a fulfilling time for all.

“The support system at MIT Sloan is really fantastic. I immediately connected with
several of the significant others of students, and the first year is quite a bonding
experience. During the summer, while the students were busy at their internships, we
met every week at various Boston restaurants, the only requirement being that the
place had to have a patio—for excellent outdoor dining, good company, and fun. ‘Patio
Tuesdays’ were a great way to spend the summer in Boston and get to know this great
group of people who are connected with MIT Sloan.”

Kate Rubins, spouse of Michael Magnani, MBA/BEP ’08

clubs

Business and Professional Clubs Sales Club Sports and Recreation Clubs
Africa Business Club SEID - Student Entrepreneurs Entertainment, Media, Sports
Asian Business Club for International Development Hockey Club
Biomedical Business Club South Asian Business Club Ping Pong Club
Energy & Environment Club Venture Capital and Private Running Club
Finance Club Equity Club (VCPE) Ski/Snowboard Club
General Management Club Sloan Soccer Club
Innovation Club Cultural, Regional, Religious, Sloan Surfing Club
Investment Management Club and Personal Affiliation Clubs Volleyball Club
Israel Business Club Brazilian Club @ Sloan
Leadership Club Christian Fellowship Arts and Culture Clubs
Management Consulting Club European Club E52s A Cappella Group
Marketing Club Japan Club Tasting Club
MediaTech Club Korean Society Vintners Club
Middle East Business Club Latin Club
Minority Business Club SJSO — Sloan Jewish Other MIT Sloan Clubs
Mobile, Media & Internet Student Organization MIT TechLink
Technology (MoMIT) Sloan LGBT Significant Others of Sloan

{
Net Impact Sloan Women in Management
learn more MIT Sloan Significant Others: http://web.mit.edu/sos
more Operations Management Club
Real Estate Club
(SWIM)
Veterans Association
learn more MIT Sloan Student Clubs: http://mitsloan.mit.edu/mba/experience/clubs.php
Retail and Consumer Goods Club Texas Club
Sales and Trading Club Toastmasters
Transportation Club
 “When I was in São Paulo, I felt so
17
proud to be an MIT Sloan
student. Our ideas were
really listened to.”

Roxanne Chen, MBA ’08

well-adjusted

What if the problem you set out to solve isn’t really the problem at all?
Such was the situation facing an MIT Sloan G-Lab team working in São Paulo, Brazil with surgical
pathology lab Diagnóstika. Originally charged with creating a pricing model for the lab, the students
quickly discovered what Diagnóstika really needed was to take a few steps back, to know more about
their true financial figures.

“Our main focus was always to make sure that we added value for this company in all that we were
doing,” says Galen Li, MBA ’08, “One of the many takeaways from this trip was learning that [G-Lab]
is not just about going to the site and not just doing what they asked of us, but taking a critical eye and
seeing if what they asked of us is what would be best for the company.”

Having shifted their objective, the G-Lab team provided a new set of clear, useful, and simple deliverables,
including a dashboard that Diagnóstika could use to assess their profits—deliverables that have proved
to be useful and accurate. The G-Lab adventure was as beneficial and enlightening for the student team
as for the business they were advising.

“It was a really great experience, one of my best at MIT Sloan,” says Galen. “We learned a lot, but were
also really pleased at what we were able to deliver—and that Diagnóstika was happy with the results.”

openeyes
Adds teammate Ola Olaniyi, MBA ’08, “The experience in Brazil was a great example of the hands-on
learning that MIT Sloan emphasizes. Also, the context of a developing economy was an important learn-
ing point for me. Looking beyond the numbers to understand the operating environment and building
business value and employee loyalty by cultivating personal relationships are immediately applicable to
pursuing entrepreneurial ventures in my home country, Nigeria.”

“The cross-cultural experience was very important,” says teammate Roxanne Chen, MBA ’08. “I felt
I got a lot more [out of the G-Lab experience] than expected. We got work done, but we also had so
many precious experiences. Now we have friends in Brazil!”
Big Easy goes green 19

Kyle Maner, MBA ’09

In February 2008, a group of first- and second-year MBA students traveled to Louisiana to help several
entrepreneurs develop EcoPark, a New Orleans-based hub of green industries poised to drive the city’s
rebuilding efforts toward green and sustainable products and services.

Working closely with a local economic development organization,The Idea Village, the
group spent three days meeting with entrepreneurs, helping them develop and refine
their business models and strategies. Their findings were then presented to a panel
of potential investors, government officials, business leaders, foundation representatives,
and financial institutions, and all agreed that the work accomplished helped steer
EcoPark toward completion.

“Working with MIT Sloan students for the first time was a phenomenal experience”
says Kim Powe, development and planning strategist for The Idea Village. She says
that EcoPark is looking great now and she thanks the students for the support and
momentum they gave to the project. “The MIT students were a galvanizing force,” she
says. “They were unbelievably positive and professional. I was impressed with their “The opportunities for leadership are endless.
ability to self-manage and take the bull by the horns.”
There are people who start new clubs. They

Since the trip, MarketLab, a break-off group of the MIT Sloan Marketing Club, has begun came in and they saw there was not one club
working with The Idea Village to implement a marketing plan that will help highlight
that was exactly what they were looking for
New Orleans as a new center of talent and innovation. Kyle Maner, MBA ’09, says this
new partnership is a direct result of the connections she and her teammates made and said, all right, I’ll start and make it on my
while visiting the city. She also noted that several members of the MBA class of 2009
own … . And the School’s willingness to assist
are now considering relocating to New Orleans, and this, says The Idea Village’s Lauren
Baum, is exactly the kind of influx of talent that New Orleans needs. “We have many them—to assist anyone who comes up with
opportunities that would benefit from the MIT Sloan business-savvy,” she says. “With
an idea—is tremendous.”
this infusion of vibrant, dynamic talent we have the opportunity to transform one of our
nation’s oldest, most storied cities into one of our newest and strongest.” Ido Segev, MBA ’07

leadership curriculum

> Literature, Ethics, and Authority > Issues in Corporate Governance

> Leadership and Change > Practical Leadership

> Designing and Leading the > Leading Profound Innovation for a
Entrepreneurial Organization More Sustainable Global Economy
> Leadership in Real Estate > Leadership Tools and Teams:

{
> Ethical Practice: Professionalism, A Product Development Lab
Social Responsibility, and the Purpose learn more Leadership at MIT Sloan: http://mitleadership.mit.edu
> Strategic Organizational Design
of the Corporation

> Managing in Adversity

> Tiger Teams more learn more Sustainability Initiatives: http://mitsloan.mit.edu/sustainability

> Cross-Cultural Leadership

> Managing and Volunteering in the learn more Spring Trips: http://mitsloan.mit.edu/mba/experience/spring.php
Nonprofit Sector > A New Format for Leaders
 changing your life 21

An MIT Sloan education is about excelling at theory and practice. It’s about gaining the knowledge and
the skills to mobilize a startup or lead world-class organizations. But it can also be about a lot more. It’s
about taking advantage of the opportunities and the support the School gives you to go out and make
a positive impact on the world. It’s about Global Entrepreneurship Lab, Sustainability Lab, the Global
Startup Workshop, the Sloan Entrepreneurs for International Development, Net Impact, and the $100K.
It’s about marrying passion and principle. It’s about seeing the world, seeing what can be improved,
and working to improve it. It’s about meeting and helping incredible people. It’s about turning a great
idea into a wonderful reality. It’s about changing your life.

helping out in honduras

Abbie Phelps, MBA ’08

“Over the spring break week, a group of four MIT Sloan graduate students went to
Honduras. As one of the poorest countries in the Western Hemisphere, Honduras
provides many opportunities for community outreach. Specifically we worked with
a partner nonprofit Global Business Brigades (GBB) to help a local business. In
January, as a precursor to the spring break trip, GBB hosted a team to assess potential
projects. The January assessment team used three criteria for choosing the micro-
enterprise we eventually worked with:

1. A high quality product

“The wealth of opportunities to apply 2. Committed, active leadership

classroom learning to real world projects 3. Ability to add value within the local community

has opened my eyes to the practical and

Using this filter, the APICAN Beekeepers were chosen. This micro-enterprise has 14
diverse applications of business skills.” partner farmers producing, bottling, and selling honey. The honey is sold both to
end-users and to resellers. On the March trip, our aim was to get APICAN closer to
Patricia Sulick, MBA ’08
selling at a national level either through production increases or by suggesting a
smaller bottle size and increasing unit volume. We also looked at their overall business
model and determined that they were not pricing at a sustainable level to pay wages
and replace key equipment.”

more { learn more

learn more
Global Initiatives: http://mitsloan.mit.edu/globalmitsloan

G-Lab: http://g-lab.mit.edu
 “the possibilities of
23
what we can do
and where we can go
with an education from MIT Sloan
are limitless”

Sana Keragani, MBA ’07

playing the field

There’s a new game in town and it’s being played out on professional baseball diamonds, basketball
courts, football fields, and skating rinks. It’s called sports analytics, and it’s fast becoming an important
tool for evaluating the players--and the business--of the big leagues.

MIT Sloan’s Sports Business Conference explores the competitive advantage analytics provides to
teams who work it into their game plans. The result of exemplary teamwork between current students
and alumni working in professional sports, the conference also serves to position MIT Sloan at the
forefront of the analytics movement.

The conference is the brainchild of Daryl Morey MBA ’00 and Jessica Gelman HBS MBA ’03, the conference’s
two alumni advisors. Morey taught the School’s popular Analytical Sports Management course until his
job as assistant general manager of the Houston Rockets took him away from campus. Because analytics
—and MIT Sloan—remains close to his heart, he approached the Entertainment, Media, and Sports
Club (EMS) about creating a conference. From there, the EMS leaders picked up the ball and ran with it.

Now in it’s second year, the Sports Business Conference has become one of the most popular and
influential student-run conferences on campus. Featuring insights from blue-chip panelists from all
of the major professional sports, this year’s conference reinforced just how much executives are using
analytics to manage their teams’ operations both on and off the field.

opendoors
“We had great panels last year,” says conference co-organizer Jarrod Boland, MBA ’08. “I would say
our panels were even better this year. We’re starting to create a bit of a niche culture around this event,
which I think is going to be really useful in pushing it forward.”

For those students armed with analytics, it looks like the game is on.

To hear more on this year’s conference, check out our podcast with the student organizers.
http://mitsloan.mit.edu/newsroom/podcasts.php
MIT Sloan connections 25

An MIT Sloan education gives our students everything they need to pursue their life’s work. Our graduates
know the theory and the strategy—and they know how to put them into practice. Through their exposure
to our innovative curriculum and world-renowned faculty, they build an incredible knowledge base.
Through our classes, clubs, conferences, labs, and seminars, they sharpen their leadership skills and
gain confidence by applying what they’ve learned to real-world situations. And through our active and
committed network of 20,000 MIT Sloan alumni—and 100,000 MIT Alumni—they obtain the mentorship
and make the connections that lead them to success in any arena that they choose.

making up ground

Daya Fields, MBA ’07

Landing a marketing position in the beauty industry with no prior background is no small
feat, but Daya Fields, MBA ’07, used her time at MIT Sloan to do just that. Through
various consulting projects, networking, and a good deal of hitting the pavement, Daya
transitioned a career in operations and business analysis within the media and enter-
tainment industry to her “dream job” at Estée Lauder Companies.

“I consider myself pretty current in business strategy within the world of fashion,
skincare, hair care, and cosmetics,” says Daya. “Why not mirror my personal interests
with a career?”

Daya sees herself as an example of someone who has been able to succeed as a career
switcher, and she thanks MIT Sloan in large part for that. “Because I was a mechanical
engineering major with a math minor, all of my jobs up until this point had been very
technical. I was not going to be able to make a switch to a marketing job for a company
I really admired, because I didn’t have any direct experience. Coming to MIT Sloan
and using these two years to work on different consulting projects with different brands—
and really get my feet wet and knowing the markets I was pursuing—was the best
way for me to transition.

Highlights of Daya’s transition included a consulting project at Polo Ralph Lauren and
a prestigious summer internship with L’Oréal USA, both of which provided her with
her first hands-on experience in the beauty industry. But the ultimate payoff is her new
position at Estée Lauder in the rotational Presidential Management Program. As one
of only six MBAs chosen every other year, Daya will be rotated as a brand manager for
three of Estée Lauder’s 24 prestige brands before being placed as a permanent brand
manager with one of them. Being chosen for the program means she is automatically
on a senior management track. “You get an executive level mentor, and the perks
are amazing,” Daya explains. “And it is a program that really fosters you to become an

{
executive level leader within the beauty industry and within the firm.”
learn more
more
MIT Sloan Alumni Office: http://mitsloan.mit.edu/alumni

learn more MIT Sloan Sports Business Conference: http://sloansportsconference.com

 attracting the best 27

Our employment report statistics reflect the strong demand for our students. The Class of 2007 reported
that 97% of the students had a job offer three months after graduation.

The largest hiring sector for both full-time and summer employment continues to be service industries,
with consulting and financial services attracting the most students. One-fifth of the students accepted
opportunities in the manufacturing sector. Students’ interests have also grown in sustainability, with
more students choosing to accept full-time opportunities in areas such as energy and non-profit work.

The Career Development Office is committed to connecting students with companies. We strive to
provide a variety of methods for companies to reach our students, from scheduled interviews on and
off campus to resume books to job posting and club events.

“The MIT Sloan experience surpassed my

expectations by far! The academics are betting on technology
exceptional, and I strongly believe that Garrett Dodge, MBA ’08
the MIT Sloan Sales Club gave me the Garrett Dodge, MBA ’08, had never even been to a casino when he was chosen for
a winter 2007 externship in Las Vegas at Harrah’s Entertainment Inc., the largest owner
opportunity to develop my leadership of casinos in the world. Not a gambler himself, Garrett had little knowledge of the
and sales skills and exposed me to new rules and customs of the games at a casino, let alone the inner workings of such a huge
company. But then, he says, it was precisely that opportunity to learn something new—
industries and business models. My expe- to tackle diverse and complicated challenges—that drew him to the job.
rience at MIT Sloan not only supports my
“It was really surprising to me how interesting it all was,” Garrett says. “They are basically
long-term career goal to become a well running the largest hotels in the world with 5,000 rooms and 15,000 employees. So
rounded top executive, but also opened the scope of all the things that go on is amazing, and obviously it continues 24-7.”

my mind to different ways of thinking.” Chosen to research the latest trends in Radio Frequency Identification (RFID), Garrett
Felipe de Castro, MBA ’09 spent last January studying Harrah’s competitors. The company was so impressed
with his work that they invited him back over the summer to continue exploring ways
for Harrah’s to use technology to increase customer loyalty.

For Garrett, it was rewarding to be involved in an industry that is changing so rapidly.

“The neat thing,” he says, “is that it is a very large industry that is still fairly immature.
When Gary Loveman (the CEO of Harrah’s and himself an MIT graduate) started seven
years ago, it was totally fragmented and you didn’t have companies owning more than
a couple of casinos; now they are moving more toward where the hotel industry is —
with large chains and brand issues and scale.”

{
Garrett says that his experience at Harrah’s definitely solidified his desire to be involved
learn more Career Core: http://mitsloan.mit.edu/mba/career/
more with exploring new ways for companies to utilize technology. “I am less concerned in
finding a job in a specific industry than I am with finding a company that is really doing
learn more MIT Sloan Career Development Office: http://mitsloan.mit.edu/cdo/
some interesting things with their technology.”
 recent top employers 29

A.T. Kearney
Amazon.com
Amgen
C lass of 2 0 0 7 J ob F unctions Apple
Bain & Company
Banc of America Securities

t en
Barclays

ing

Developm
Business
t/

rad
en
em

Other
&T
Bear, Stearns & Co.

M nt
a g

ct me

les
an

a
od lo

S
Booz Allen Hamilton

Pr eve
u

D
age
t
men Projec
/
t
BCG
Man rations
Citi
Op e

Consulting/
Citizens Energy
Strategic Planning
Dell
Marketing/Sa
les

M Deloitte Consulting
Inv anag
es em
tm e Deutsch Bank
“The reason I got my internship in invest-
en nt
t
Diamond Mgmt. & Technology Consultants

In

Gene
ves

Information Technolo
ment banking—even though I didn’t have Fidelity

tm

ral M
ent
Genentech

Ba

anag
any experience in that area—is because of

nkin

emen
General Electric

g
our strong alumni network. I had alumni

t
Goldman Sachs

gy
calling me up every week to prep me for Google
The HSBC Group
the interviews and help me. The network IBM
C lass of 2 0 0 7 I ndustries
with the alumni is a very strong bond.” Infosys
Innosight

ent
king
Parith Rungsimanond, MBA ’08

gem
Intel

t Ban

na
fit

Ma
tmen
ro
Johnson & Johnson
es

-P
vic

nt
t

on
er
en

me
N

Inves
S
nm
ial

t/
L.E.K. Consulting

est
i

en
nc
na r ta

nm
te

Inv
Fi
En

er
d
a/
fie

v
i
Lehman Brothers

Go
i
ed
rs
ve
Di M rgy
ne tech
/E
Oil
Hea
lth /Bio McKinsey & Company
rm/
Pha te
Rea l E s ta
Merrill Lynch
Retail
Microsoft
Softwar
e
Te Monitor
Tralecomm
VC nspor unicat
Co /P
E/
He
tatio
n/E
ions Morgan Stanley
ns Ot dg quip
he eF me
Oliver Wyman
ult
r un nt/
Def
ing
d

Au ns
ense

Co
to um
m er
Oracle

Com

ot
ive Pac
/A kag
put
The Parthenon Group

er
{
os d G
ers

pa
/Ele

ce ods
e
learn more
PRTM

ctro
Employment Report: http://mitsloan.mit.edu/cdo/class08.php

o
more nics
Sirios Capital Management
learn more Corporate Connection: http://mitsloan.mit.edu/corporate Thermo Fisher Scientific
UBS Financial Services
Wellington Management Company
lasting lessons 31

Tom Stocky, MBA ’04, Senior Product Manager, Google

As senior product manager at Google, Tom Stocky is positioned at the very forefront of Internet
technology. Focused on the APIs and tools that can be found on code.google.com, his team is working
to improve the web as a platform for developers, which benefits not only Google, but the Internet as a
whole, and he says his experiences at MIT Sloan played a major role in preparing him for the challenges
of a career at a tech company so global in scope.

“What worked really well at MIT Sloan,” he says “was the balance between theory
and application. My classes provided frameworks and supporting research, and then
combined that with examples, case studies, and the practical experience of my class-
mates. To this day, I find myself talking about S-curves and product lifecycles, thanks
to Professor Henderson, as well as organizational structure and ‘lenses’ thanks to
Professor Fernandez.”

Tom also says that his involvement with a number of MIT Sloan clubs was invaluable
in giving him hands-on experience and insight. He was a full-time research assistant
in the MIT Media lab, the co-president of the entrepreneurs club, and one of the co-
owners of the Sloan Sweatshirt company, but he says perhaps it was his involvement
with the MediaTech Club that had the most impact. “It proved to be really useful to
get that exposure to technology leaders,” he says. “The direct interaction we had with Miguel Valença Pires poses with a Brazilian
people like Phil Schiller, Jeff Raikes, and Jeffrey Immelt is pretty unprecedented. Then
action figure that represents the stellar
there were the Tech Treks, which brought even deeper exposure to the inner-workings
of successful tech companies.” job his classmate Felipe did in organizing
the spring trip to Brazil. Over 30 students
Tom maintains his strong connections with the MIT Sloan community, hosting tech
from MIT Sloan toured the major metro-
treks and E&I groups at Google, and he says he often finds himself calling upon case
studies and concepts he learned at MIT Sloan. “There’s some magic that happens politan areas, guided by a team of their
when you combine research-based theory with concrete, real-world case studies. I still classmates who provided in-depth local
have the course materials for 15.912 and 15.311 on my bookshelves.”
knowledge and contacts.

nobel prize winners

72 members of the MIT community have been

awarded the Nobel Prize for contributions ranging
from medicine to peace.

more { learn more

learn more
MIT Nobel Prize Winners: http://web.mit.edu/ir/pop/awards/nobel.html

MIT Media Lab: http://www.media.mit.edu/

 “My visit was an unforgettable one and immensely useful.
33
It opened my eyes
to how special the MBA experience at

MIT Sloan really is.”

Adria, visiting applicant

come in, we’re open

Visit MIT Sloan and experience the pace, passion and warmth of our culture. Walk around campus.
Witness the day-to-day life of our students. Attend an information session hosted by an admissions repre-
sentative. Talk to alumni. Sit in on a class and get a first-hand impression of the MIT Sloan MBA program.

We encourage you to visit campus or attend an event in a city near you.

Fall 2009 - Monday through Thursday

Starting September 15, 2008

First Session
9:15 a.m. Register at the MBA Admissions Office
9:30 a.m. Information session with a member of the MBA Admissions Committee
10:15 a.m. Class Visit
12 noon Lunch with Current MBA students
Second Session
11:15 a.m. Register at the MBA Admissions Office
11:30 a.m. Information session with a member of the MBA Admissions Committee
12 noon Lunch with Current MBA students

we’reopen
1:00 p.m. Class Visit

Schedule is subject to change. Please consult the web for updates and registration.
http://mitsloan.mit.edu/mba/admissions/ambassadors.php

more { learn more

learn more
MIT Sloan-on-the-Road: http://mitsloan.mit.edu/mba/admissions/attend-event.php

On-campus Visits: http://mitsloan.mit.edu/mba/admissions/visit.php

applying to MIT Sloan MIT Sloan MBAs 35

Women and men who thrive at MIT Sloan see themselves as thinkers and doers. They want to explore,
dynamic, diverse, and smart
grow and contribute to our rich and diverse community. They are smart, energetic and want to make
the world a better place.
MIT Sloan enrolls individuals who demonstrate:

> The ability to lead and inspire others

When applying to MIT Sloan, we want you to think introspectively of your past academic
and professional endeavors. We want to know how you think, lead and pursue your goals. > A collaborative spirit – and community focus

> Intellectual curiosity and analytical strength

There are several parts of the application. They include: a professional resume, a cover
> The creativity to find new solutions to existing challenges
letter in which you describe your accomplishments and include an example of how
you had an impact on a group or organization, four essay questions, your academic > Growth in professional and personal endeavors
transcripts and GMAT or GRE test results. (TOEFL scores are not required.)
MIT Sloan students come from a over 60 countries and numerous industries and
The essay questions for the 2008-09 application are: functional areas. We have a diverse mix of US citizens, international students and US
permanent residents. However, the reality is more interesting than a one-dimensional
1. Tell us about a challenging interaction you had with a person or group. (500 words) chart can show. There are dual-citizens, multiple language speakers, and students
2. Tell us about a time when you defended your idea. (500 words) with a wide range of education and professional experiences. Take a look to see
3. Tell us about a time when you executed a plan. (500 words) where you fit into MIT Sloan.
4. Tell the Admissions committee whatever else you would like us to know. (250 words)
MBA Class of 2010 Profile*
Age range 22 - 40
For complete instructions on how to complete the application, please visit the online
Mean age 28
application at: http://mitsloan.mit.edu/mba/admissions/applying.php
Work range 0-20
Mean years of work experience 5

GMAT range (middle 80%) 650 - 760

MBA Application Deadlines Tuition and Costs 2008-2009 Mean GMAT 709

MBA Round I. ...............................October 28, 2008 Tuition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $46,784.00

MBA Round II............................... January 13, 2009
Dual-Degree Application Deadlines
LFM .................................................... December 15, 2008
HKS............................................................ January 13, 2009
BEP...................................................... December 15, 2008
Books and Supplies . . . . . . . . . . . . . . . . 1,800.00 Females 35%
Males 65%
Computer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,000.00
Food . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,460.00
Citizens 55%
Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,570.00
Residents 6%
Personal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,808.00
Internationals 39%
Housing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,764.00
Transportation . . . . . . . . . . . . . . . . . . . . . . . . 2,496.00 Africa 1%
Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250.00 Asia 25%

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $75,932.00 Europe 9%

North America 57%
Oceania 1%
South America 7%

Undergraduate Degree
Business and Commerce 23%
Computer Science 10%
Engineering 30%
Humanities, Arts and Social Sciences 30%
Science and Math 7% *as of June 1, 2008
financial aid
MIT makes financial support available to graduate students from a variety of sources and in several
different forms including loans, merit awards, and scholarships, and teaching and research assistantships.
Some forms of support are granted solely on the basis of merit; others are granted on the basis of
financial need, a combination of merit and need, or on other factors such as named awards by alumni or
benefactors. Once you are admitted, the financial aid office will work with you to make a financial plan.
merit awards
Merit Scholarships
Toward the end of each academic year, MIT awards
grants to outstanding graduating students based on
academic performance and community service.
The Class of 2004 Diversity Scholarship
Knowing that the overall student experience is enhanced
by having a widely diverse student population, this fund
was established through the generous class gift dona-
tions of the MBA Class of 2004 to attract students
to MIT Sloan with unique work experiences, educational
endeavors, or national backgrounds that are less
represented at MIT Sloan.
Seley Scholarship
Considered the highest award the MBA Program can
give, the Seley Scholarship recognizes outstanding
leadership, professional promise and contribution to
MIT Sloan, as well as high academic achievement.
 
Henry B. DuPont III Scholarship
Henry Ford II Scholarship
Miriam Sherburne Scholarship
Based upon leadership and contribution
to MIT Sloan, some level of academic achievement is
considered. The Sherburne Scholarship, which was
funded by alumni/ae contributions, includes a larger
emphasis on widespread contribution to student life.
 
Martin Trust Community Fellowships
These awards are very strongly tied to community
contribution and some level of academic achievement
is considered.
The Petersen Award
This award is a class gift dedicated to the memory of a
classmate. It has been designated for someone who has
been active in the MIT Sloan community.
The Forte Scholarship Program
This scholarship was established to provide support for
outstanding women admitted to MBA programs who
show potential for business leadership or ownership.
Booz Allen Hamilton Sponsorship Program
for Women in Europe
Any woman enrolled to study at MIT Sloan who has a
strong interest in working in one of Booz Allen Hamilton’s
European offices for the summer is eligible to apply.
The Paul and Daisy Soros Fellowships for
New Americans
The purpose of the Paul & Daisy Soros Fellowships for
New Americans is to provide opportunities for continuing
generations of able and accomplished new Americans
to achieve leadership in their chosen fields. The national
program awards thirty fellowships each year.
MIT Sloan is committed to the future. This viewbook was printed on 100% recycled paper.
The following are environmental savings realized by using recycled stock rather than virgin stock. Every little bit helps.
121.89 trees 51,776 gallons 5,729 lbs solid 11,280 lbs greenhouse 86,339,600 BTUs
preserved wastewater flow saved waste not generated gases prevented energy not consumed
New Zealand Fulbright-Platinum Triangle
Scholarship Award in Entrepreneurship
This scholarship has been created, with the support Savings from the use of the emissions-free wind-generated electricity that produced this paper represents 5,861 lbs
of the government of New Zealand, the Swindells
Foundation, and other private philanthropists in both of air emissions not generated and 2 barrels crude oil unused. This is equivalent to planting 396 trees and
New Zealand and the U.S., to provide talented New not driving 6349 miles. Calculations provided by Mohawk Fine Papers Inc.
Zealanders with the opportunity to study towards
a Master’s degree at a U.S. university, as well as gain
professional work experience in the U.S. and in
New Zealand.
Peter Englander Scholarship
This scholarship is given to a citizen of the United
Kingdom who can demonstrate financial need.
The McKinsey Award
The Massachusetts Institute of Technology is committed to the principle of equal opportunity in education and employment. The Institute does
Each year, four MIT Sloan MBA students are chosen to
receive the McKinsey Award based on application mate- not discriminate against individuals on the basis of race, color, sex, sexual orientation, gender identity, religion, disability, age, veteran status,
rials and in-person interviews. Recipients must have ancestry, or national or ethnic origin in the administration of its educational policies, admissions policies, employment policies, scholarship and loan
demonstrated academic excellence and professional and
programs, and other Institute administered programs and activities, but may favor US citizens or residents in admissions and financial aid.*
community leadership.
Trust Scholarship The Vice President for Human Resources is designated as the Institute’s Equaal Opportunity Officer and Title IX Coordinator. Inquiries concerning
The Trust Family Foundation has estab-
the Institute’s policies, compliance with applicable laws, statutes, and regulations (such as Title VI, Title IX, and Section 504), and complaints
lished a need-based scholarship to fund the first-year
tuition of an alumnus/a of Cooper Union who has may be directed to the Vice President for Human Resources, Room E19-215, 617-253-6512, or to the Coordinator of Staff Diversity Initiatives/
graduated within the past seven years. Affirmative Action, Room E19-215, 617-253-1594. In the absence of the Vice President for Human Resources or the Coordinator of Staff
Diversity Initiatives/Affirmative Action, inquiries or complaints may be directed to the Executive Vice President, Room 3-211, 617-253-3928, or
Thomas and Lorraine Williams Fellowship
This fellowship is awarded to a graduate of Georgia to the Director of Labor and Employee Relations, Room E19-235N, 617-253-4264, respectively. Inquiries about the laws and about compliance
Institute of Technology who can demonstrate finan- may also be directed to the Assistant Secretary for Civil Rights, US Department of Education.
cial need.
Educational Loans for German Students *The ROTC programs at MIT are operated under Department of Defense (DOD) policies and regulations, and do not comply fully with MIT’s
The Education Fund provides financial assistance to policy of nondiscrimination with regard to sexual orientation. MIT continues to advocate for a change in DOD policies and regulations concerning
qualified and highly motivated students from Germany.
sexual orientation, and will replace scholarships of students who lose ROTC financial aid because of these DOD policies and regulations.
The support covers tuition fees plus a monthly living
allowance. For further information, please contact www.
bildungsfonds.de
Sainsbury Management Fellowships
The Sainsbury Management Fellowship Scheme, funded
by the Gatsby Charitable Foundation, enables engineers
writer: Michelle Choate
of high career potential to undertake courses at major
international business schools. It is expected that award contributors: Sarah Foote, Sean McCarthy, Mary Tamer
holders will go on to become senior managers and lead-
ers in UK industry and make a major contribution to the editors: Julie Strong, Pam Spencer, Michael Perrone
economic prosperity of the nation. Each Fellowship
photographers: Sarah Foote, Stuart Darsch, Jeremy Gilbert, Evan Kafka, Mike La Rosa
covers the cost of one year’s course fees.
design: Marc Harpin, Rhumba
Scholarships for Brazilian Students
In recent years, many of our Brazilian students have printing: Universal Millennium Inc.
been able to support their studies in the MIT Sloan MBA
Program through grants from the following foundations:
Fundação Estudar http://www.estudar.org.br/ASP/ PSB 07-10-0895
default.asp Instituto Ling http://www.institutoling.org.
br/windows/default.asp
 http://mitsloan.mit.edu/mba

MIT Sloan School of Management

MBA Admissions
50 Memorial Drive, Suite E52-126
Cambridge, MA 02142-1347

Telephone: 617.258.5434
Facsimile: 617.253.6405
Email: mbaadmissions@sloan.mit.edu