- Who should apply to the SCM program?
- What if I have little or no work experience?
- Is the SCM program offered as a distance learning program?
- How much does the SCM program cost?
- Is financial help available for SCM students?
- What are the required tests and minimum scores and is there a reporting code?
- Which test is preferred, GMAT or GRE?
- Does SCM require a deposit?
Who should apply to the SCM program?
The Master's in Supply Chain Management program is designed for early-career supply chain professionals who want to go back to school and receive advanced training in supply chain and engineering management. Candidates should have work experience and good quantitative skills, including some college-level calculus, linear algebra, and probability/statistics. However, you need not have a degree in engineering to apply. Classroom and personal interaction is enhanced by varied experiences in the student body. SCM Admissions strives to build a class with diverse backgrounds such as finance, information technology, management, marketing, and sales. We encourage students from a wide variety of backgrounds and disciplines to apply. If you have questions about whether you would be a good candidate for the SCM program, please contact us directly.
What if I have little or no work experience?
Students with 3 to 8 years of work experience are in the best position to gain from the SCM program and also contribute the most to class discussions. While we have occasionally admitted gifted students directly from undergraduate studies it is more likely that such a student will be granted “admission with deferred enrollment.” Enrollment is deferred by 2-5 years while the student gains supply chain work experience.
Is the SCM program offered as a distance learning program?
No. MIT's ten-month master's in supply chain management degree is a campus-based, full-time, weekday program. There are no immediate plans to offer this degree via the Internet, part-time, or as an executive degree program. Some projects, however, involve Internet-based collaboration with international colleagues. MIT CTL does offer one-week executive courses on logistics and supply chain management twice a year in January and June.
How much does the SCM program cost?
SCM tuition is set by MIT each year. The tuition for the 2015-2016 academic year is $65,446 plus student life fee, medical insurance, and living expenses. Living expenses vary, depending on your living style and whether students live alone, with roommates, or have a family. The cost of living in Boston and Cambridge is higher than in much of the country. Currently, a budget of $1,700 per month is recommended for single students. We recommend speaking to current students for more information.
Is financial help available for SCM students?
The SCM program is designed as a self-funded program. However, the MIT Center for Transportation & Logistics (CTL) does provide a select few students with partial fellowships. To indicate your interest in these fellowships, please check the “Fellowship” box provided on the 'Financial Support' page within the online application. SCM students are also eligible for grants and fellowships offered by the larger MIT community. Please visit the website of the Office of the Dean for Graduate Education for detailed information and on how to apply at: http://web.mit.edu/odge/finances/fellowships/index.html.
Because of the intensive course load, SCM students are not eligible for research or teaching assistantships. Many domestic students depend on federal student loans and international students seek out student loans from private lenders. MIT's Student Financial Services Office is the best resource for determining how best to fund your MIT education. More information on financial assistance can be found on their website: http://web.mit.edu/sfs/.
What are the required tests and minimum scores and is there a reporting code?
GRE or GMAT: general test, no minimum requirement
IELTS or TOEFL: Applicants from non-English-speaking nations must offer evidence of written and oral proficiency in the English language by taking the International English Language Testing System (IELTS) or the Test of English as a Foreign Language (TOEFL). Please have the official score reports sent directly to our office. To request a waiver (directly in the online application), you must meet one of the following criteria: Received an undergraduate degree (4 years) from a U.S. University or College OR Attended both primary and secondary schools taught in English. We look for an IELTS score of 7 or a TOEFL score of 100.
GRE Institute code: 3514
GRE Department code: 4313
GMAT code: X5X-QS-17
Which test is preferred, GMAT or GRE?
Both the GMAT and GRE General tests are acceptable for application to the SCM program. Most applicants take the GMAT test. The GRE or GMAT test requirement is not waived under any circumstances. All applicants must take the GRE or GMAT within five years of submitting an application to the SCM program.
Does SCM require a deposit?
Candidates offered admission to the SCM program will be required to submit a nonrefundable deposit of $1,000, if they wish to secure a spot in the program.