2020-21 Expense Estimate – SCM Residential Program

Expenses Total Fall+Spring
  Tuition $77,168
  Student Life Fee $0
  Extended Health Insurance $3,269
  Estimated Living Expenses $26,415
Official Total Estimated Expenses $107,220
Additional Expenses  
  Partial August Health Insurance $377
  Books and Supplies $830

Additional dependent expenses
(will vary by student)

*All rates subject to change

$5,000 - $17,282+

 

At the time of acceptance a $2,500 deposit is due. The admissions deposit is non-refundable and will be applied to first semester tuition.

*MIT releases updated tuition and fees in the spring preceding the start of the academic year. The official expense estimate for the 2021-22 academic year will be published in July 2021.

Pro-Tip: Do ALL the Math!

An MIT master's in SCM costs considerably less than a traditional 2-year MBA from an elite university, with very comparable career and salary outcomes for many students. And you're back to work – and regular paychecks – after just 10 months on campus (5 months in the Blended cohort!).

We also offer significant fellowship funding to help students pay for their master's degrees; 75% of the class of 2020 received SCM fellowships, with a total of $594k awarded. On top that, students received another $500k+ in MIT-wide fellowship awards.

Apply to the SCM residential master's program

2020-21 Expense Estimate – SCM Blended Program

The total estimated cost for the SCMb program are listed below. This is the amount international students must show on their Proof of Funding. Tuition includes costs for all required classes and electives. There is no additional cost for taking electives beyond the requirements, subject to advisor approval.

Living expenses vary, depending on preferences and whether students live alone, with roommates, or have a family. Currently, a budget of $2,850 per month is recommended for single students on campus – $14,675 for the five month duration of the program.

Expenses Total
   Tuition $46,300
   Student life fee $0
   Extended health insurance $1,907
   Estimated living expenses (5 Months) $14,675
   Official total estimated expenses $63,066
Additional Expenses  
   Partial January health insurance $377
   Books and Supplies $830

 Additional dependent expenses
(will vary by student)

*All rates subject to change

$2,500 - $8,641+

 

At the time of acceptance a $2,500 deposit is due. The admissions deposit is non-refundable and will be applied to first semester tuition.

The SCM Blended Program requires preparatory work between September and December, prior to official enrollment.  An additional pre-enrollment deposit of $2,500 is due September 1st.  This deposit is non-refundable and will be transferred to student's financial accounts in December and applied to first semester tuition.

*MIT releases updated tuition and fees in the spring preceding the start of the academic year. The official expense estimate for the 2021-22 academic year will be published in July 2021.

Full Disclosure: Cost of the MicroMasters

To earn a Blended SCM masters degree, a candidate must first earn the MITx MicroMasters® Program in Supply Chain Management as a verified learner, which costs about $1600 (see 2019-20 pricing update announcement).

Therefore, the total cost of the Blended master's program includes up to US$1600 not reflected in the tuition table shown here.

Apply to the SCM blended master's program