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first_img Many think of the Massachusetts Institute of Technology (MIT) as just an engineering school and site to the most famous math problem in film history, but the prestigious university is also home to great business programs at the Sloan School of Management. Through school’s MBA programs—the full-time, Executive MBA and 12-month Sloan Fellows Program—students have an opportunity to earn a stellar, rare education that is key to a successful business career. Given the acclaimed faculty, staff and lengthy history of breakout corporate empires, MBA grads have a chance to earn a spot among the most celebrated MIT Sloan startup companies.According to the business school, a 2015 study illustrates the economic impact of the MIT’s alumni entrepreneurs, whose companies have created millions of jobs and generate annual revenues of nearly $2 trillion. How Does MIT Sloan Help Establish Startups Through The MBA Program?The school grew out of a single course, “Engineering Administration,” which was established by MIT’s Department of Economics and Statistics in 1914. Master’s programs in management started in 1925 and became a separate department in 1930.The school was renamed in 1962 in honor of Alfred P. Sloan, the Chairman of General Motors, who donated $5 million to MIT to establish a school of industrial management in 1950. As we mentioned earlier, the school offers full-time and executive MBA programs, including the global Sloan Fellows program.Sloan’s full-time MBA students must complete five core courses:Economic Analysis for Business DecisionsData, Models and DecisionsCommunication for LeadersOrganizational ProcessesFinancial Accounting Students are then given the option of pursuing one of three MBA Tracks:Enterprise ManagementFinanceEntrepreneurship & Innovation We’ll focus on the Entrepreneurship & Innovation Track (E&I). Specialized coursework in this track zeroes in on startup business concepts and launching emerging technology companies. E&I introduces students to the unique entrepreneurial ecosystem at MIT and a number of team-based projects linked to real-world companies helps this track balance theoretical and practitioner education. Students in this track will earn a certificate in Entrepreneurship & Innovation in addition to the MBA degree.What Are Some Additional Resources Available to Budding Entrepreneurs?MIT Sloan is the home of the Martin Trust Center for MIT Entrepreneurship, which provides the expertise, support and connections MIT students need to become effective entrepreneurs. The Martin center serves all MIT students, no matter their school or major.The Martin Trust Center provides support in a number of ways, including:Providing high-quality education, advising, and practical experiences.Working closely with other MIT departments, labs, centers and groups to connect students with the best entrepreneurship programming across the institute.Organizing new programs and activities. About the AuthorMax PulciniMax Pulcini is a Philadelphia-based writer and reporter. He has an affinity for Philly sports teams, Super Smash Bros. and cured meats and cheeses. Max has written for Philadelphia-based publications such as Spirit News, Philadelphia City Paper, and Billy Penn, as well as national news outlets like The Daily Beast.View more posts by Max Pulcini RelatedSchool v. School: Harvard Business School or MIT Sloan?When selecting an MBA program, it can be difficult to cut through the fog to make the best long-term decision. For elite schools, the veil of prestige casts a long shadow. For lesser-known schools, it’s often a question of how much bang you’re getting for your buck. Allow our School…February 21, 2018In “Boston”An Introduction To The World of MIT Sloan FinTechEveryone knows that finance has always been a prominent staple of business school, but it’s also been a bit of an “old-school” science. In recent years, the role of technology in business increased dramatically as computers, big data and business analysts have entered the arena. These developments have opened up…July 10, 2017In “Featured Home”Sloan Student CEO Elad Shoushan Wants to Make GMAT Prep MobileElad Shoushan is a rising second year MBA student at MIT’s Sloan School of Management. He doesn’t quite fit the typical MBA student profile: born in Israel, Shoushan played professional basketball there before coming to Sloan. And since arriving at the school he’s differentiated himself from his peers in another…August 15, 2013In “Featured Region” This is just the tip of the iceberg with Sloan’s entrepreneurial resources. You can learn more about the MIT Sloan Entrepreneurial Ecosystem and its offerings here. Are There Any Students Organizations Geared Toward Entrepreneurship?As is true with any business school, student involvement and organization in the form of clubs form a key component the MIT Sloan entrepreneurial ecosystem. Students from all Sloan business programs are able to participate in clubs like the MIT Sloan Entrepreneurship and Innovation Club and the Venture Capital Private Equity Club.According to the organization, the MIT Sloan Entrepreneurship and Innovation Club fosters the spirit of entrepreneurship across the community and offers an intimate support system for entrepreneurs at Sloan. The club runs the following programs:IAP Disciplined Entrepreneurship ProgramStartup Treks to innovation hubs across the United StatesMarketing and CommunicationsSpeakers and WorkshopsPitchathons and HackathonsStartup Recruitingcenter_img MIT Sloan Startup/Entrepreneur Spotlight Meanwhile, the Venture Capital Private Equity Club’s mission is to provide members with opportunities to learn about the venture capital and private equity industries. Through various social and networking opportunities, members develop relationships with leading professional investors and business executives, as well as members of the MIT community who share similar interests.Venture Capital Private Equity Club Programs include:MIT Venture Capital ConferenceSpeaker SeriesTraining CoursesNetworking EventsTreksCase CompetitionsRecruitingCollaboration with Startups Last Updated Jun 29, 2017 by Max PulciniFacebookTwitterLinkedinemail Some of the Trust Center’s most noteworthy initiatives include:Sector Practice Leaders: Student leaders for five different industries are selected through a competitive process to develop plans and implement comprehensive, integrated and cutting-edge programs such as advanced classes, active student clubs, annual conferences, business plan contests, hackathons, regular social events, guest speakers and more.t=0: A week of celebration for MIT Innovation and Entrepreneurship taking place in September of 2016.MIT Fuse: A three-week intensive program open to any MIT student interested in immersing themselves in the startup experience. It runs during the Independent Activities Period in January. Students and teams will be working full-time on a startup venture in our co-working space at the Martin Trust Center and will learn key concepts, get one-on-one coaching and have access to unlimited coffee and ramen noodles.MIT delta v: MIT’s student venture accelerator, which provides a capstone educational opportunity for MIT student entrepreneurs that prepares them to hit escape velocity and launch into the real world. regions: Bostonlast_img read more

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