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MIT Sloan School of Management

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The Sloan School of Management at Massachusetts Institute of Technology (branded as MIT Sloan or Sloan ) is the business school of the Massachusetts Institute of Technology , a private university in Cambridge, Massachusetts .

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77-536: MIT Sloan offers bachelor's , master's , and doctoral degree programs, as well as executive education . Many influential ideas in management and finance originated at the school, including the Black–Scholes model , the random walk hypothesis , the binomial options pricing model , and the field of system dynamics . The faculty has included numerous Nobel laureates in economics and John Bates Clark Medal winners. The MIT Sloan School of Management began in 1914 as

154-648: A " tecnólogo " degree and an additional year for a specialization) or as long as eight years (six years for professional degrees, plus two years for a master's "stricto-sensu" degree—typical in medicine or engineering). Education in Canada is governed independently by each province and territory; however, a common framework for degrees was agreed to by the Council of Ministers of Education, Canada, in 2007. This adopted descriptors for bachelor's, master's and doctoral degrees that were deliberately similar to those defined by

231-716: A 2014 article, the school's Dewey Library was rated the best business school library in the country. In 2016, the school's MBA program was ranked #2 worldwide for social and environmental impact by Corporate Knights magazine. MIT Sloan operates two global offices, the MIT Sloan Latin America Office (MSLAO) in Santiago , Chile , and the MIT Sloan Office for Southeast Asian Nations (MSAO) in Bangkok , Thailand . MSLAO opened in 2013, and MSAO

308-489: A BSc Hons Degree ( Malay : Ijazah Sarjana Muda ). The standards of categorization is almost consistent among Malaysian Universities. Candidates who excel in their academic results will be awarded a First Class Bachelor Hons Degree (usually 3.67 CGPA and above), followed by Class Second Upper (usually between 3.00 and 3.66 CGPA), Class Second Lower (usually 2.50–2.99 CGPA), Class Three (usually 2.00–2.49 CGPA). MIT Department of Economics The MIT Department of Economics

385-516: A MS or a PhD that is recognised and equivalent to similar qualifications given in other countries. Students can also provide three to six (often four) years of education leading to a BS. Since the undergraduate education system in Jordan is modeled after its American counterpart, all the degrees are adapted from those of the United States excepting the release of the degree certificate. Once

462-401: A bachelor's degree takes from three years to six years to complete depending on the course load and the program. A bachelor's degree is the title sought by Brazilians in order to be a professional in a certain area of human knowledge. Master's and doctoral degrees are additional degrees for those seeking an academic career or a specific understanding of a field. Even without a formal adhesion to

539-465: A course of study lasting three to six years (depending on institution and academic discipline ). The two most common bachelor's degrees are the Bachelor of Arts (BA) and the Bachelor of Science (BS or BSc). In some institutions and educational systems, certain bachelor's degrees can only be taken as graduate or postgraduate educations after a first degree has been completed, although more commonly

616-681: A degree certified by the Ministry of Education of the People's Republic of China . Most bachelor's degree in China needs four years to complete, with the exception that the Bachelor of Medicine degree requires five years. Although some colleges ( Chinese : 专科学校 ), vocational colleges ( Chinese : 职业学院 ) and colleges in some universities offer two or three year programs for students, they can not graduate with any degree, except for those who pass

693-568: A full year-long research thesis project. The map shows how long it takes for students in different countries to get a bachelor's degree. It generally takes between 3 and 6 years. In most African countries, the university systems follow the model of their former colonizing power. For example, the Nigerian university system is similar to the British system, while the Ivorian system is akin to

770-498: A graduate might receive a diploma Artium Baccalaureatum rite or Artium Baccalaureatum summa cum laude in the regular course or Artium Baccalaureatum summa cum laude in cursu honorum in the honours course. If the student has completed the requirements for an honours degree only in a particular discipline (e.g., English language and literature), the degree is designated accordingly (e.g., "BA with Honours in English"). In this case,

847-492: A higher academic standard than a pass degree, and in some systems an additional year of study beyond the non-honours bachelor's. Some countries, such as Australia , New Zealand, South Africa and Canada, have a postgraduate "bachelor with honours" degree. This may be taken as a consecutive academic degree, continuing on from the completion of a bachelor's degree program in the same field, or as part of an integrated honours program. Programs like these typically require completion of

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924-641: A mastery of practice rather than knowledge; and professional programs, often (but not exclusively) graduate-entry, that prepare graduates to practice as professionals in a specific field. This last category includes graduate-entry degrees titled as if they were doctorates, such as MD, JD and DDS degrees—despite their names, these are considered bachelor's degrees. Bachelor's degrees may take either three or four years to complete and are awarded by colleges and universities. In many universities and colleges, bachelor's degrees are differentiated either as (ordinary) bachelor's or as honours bachelor's degrees. The term "honours"

1001-520: A minimum of two years of college before entering, for example, a three-year Bachelor of Science (BSc) or a four-year Bachelor of Engineering (BEng) program. As a consequence, there is no de jure "honours degree" (although some universities market some of their programs as being de facto honours degrees in their English-language materials) but there are some specializations called "concentrations" in French, which are mostly taken as optional courses. In

1078-408: A number of degrees named after specific subjects, such as Bachelor of Library and Information. In Kenya, university education is supported by the government. A bachelor's degree is awarded to students who successfully complete a three to seven-year course depending on the area of study. For most degree programs, a research project and an internship period after which a report is written by the student

1155-585: A research report. In Tunisia, a bachelor's degree is referred to as al-ʾijāzah in Arabic, or la license in French ; the degree takes three years to complete and is a part of the LMD ( license , master , doctorat ) reform, students can enroll in a bachelor's degree program in different fields of study after having obtained their baccalauréat (the national secondary education test). The degree

1232-1009: A senior thesis for degrees in the humanities or laboratory research for natural science (and sometimes social science ) degrees is also required. Five notable exceptions are Reed College , Massachusetts Institute of Technology , The Evergreen State College , Sarah Lawrence College , and Bennington College , which do not have deans' lists, Latin honours recognitions, or undergraduate honours programs or subjects. In Bangladesh, universities and colleges award three- and four-year degrees (three-year degrees courses are called pass courses and four-year degree courses are called honours courses ) in science and business BSc, BBS, BBA, four-year and three months , etc. and three- and four-year degrees in arts (BA, BSS, etc.). Engineering universities provide four-year degree programs for bachelor's degree courses of study (BSc in Eng and BSc). Medical colleges have five-year degree programmes (MBBS, BDS). In law education there

1309-646: A student has fulfilled their course requirements, a graduate certificate will be given. In order to get the degree in some majors of study, a student must finish and pass the dissertation stage; only then will they be awarded a degree credentialed by the Ministry of Higher Education of the Hashemite Kingdom of Jordan. Four years of education is the standard length. Institutes of higher learning in Malaysia provide three or four years of education leading to

1386-427: A student is considered to have completed the basic secondary school while after completed the last two years (10th and 11th grades) is considered to have completed "bachillerato" or high school diploma. This degree can be either academic (the most common) or: After graduating from high-school, hopeful students must take a nationwide exam that determines their eligibility to apply for their desired program, depending on

1463-439: A written thesis in a particular field. Mexico's regulations established as an obligation in order to receive their license and title the fulfillment of a "social service" to the nation (usually for those who finished their studies in a public institution) as a remuneration to society in the form of social actions, the benefits, as students, were received during training. This requirement takes about six months to one year depending on

1540-564: Is a department of the Massachusetts Institute of Technology in Cambridge , Massachusetts . Undergraduate studies in economics were introduced in the 19th century by institute president Francis Amasa Walker , while the department's Ph.D. program was introduced in 1941. The American Economics Association estimates that MIT and these peers produce half of all tenure track professors at U.S. research universities. By 2020,

1617-651: Is a must before the student is allowed to graduate. In 2012, a number of select colleges were upgraded to university status in a bid to increase the intake of students into degree programs. In Morocco, a bachelor's degree is referred to as al-ʾijāzah (Arabic, French: licence ). The course of study takes three years, which are further divided into two cycles. The first cycle comprises the first, or propaedeutic, year. After successfully completing their first two years, students can pursue either theoretical specialization ( études fondamentales ) or professional specialization ( études professionnelles ). The second cycle

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1694-876: Is a two-year LLB degree after completing three years in a BA program for a total of five years of study. There is also a four-year LLB honours degree. The Bachelor of Architecture (BArch) and Bachelor of Pharmacy (BPharm) are professional degrees awarded to students who complete a five-year course of study in the field at some universities. All of these programs begin after achieving the Higher Secondary Certificate (HSC – in total 12 years of school education). There are 13 kinds of statutory bachelor's degrees in China: Bachelor of Philosophy , Economics , Laws , Education , Arts , History, Science , Engineering , Agriculture , Medicine , Management , Military Science, and Fine Arts . Since

1771-453: Is an academic distinction, which indicates that students must achieve their bachelor's degree with a sufficiently high overall grade point average; in addition, some programs may require more education than non-honours programs. The honours degrees are sometimes designated with the abbreviation in brackets of "(Hon(s))". Going back in history, the Bachelor with Honours ( Latin baccalaureatus cum honore , French : baccalauréat spécialisé )

1848-477: Is double the standard amount of time. For example, one may not study for more than 10 years for a five-year course. Students are normally asked to leave if they must take longer. Nigerian universities offer BSc, BTech (usually from Universities of Technology), BArch (six years), and other specialized undergraduate degrees, such as BEng. Science undergraduate degrees may require six months or a semester dedicated to SIWES (Students Industrial Work Experience Scheme) but it

1925-475: Is expected to open in October 2024. MIT Sloan students and alumni informally call themselves Sloanies . The MIT Sloan culture is similar to, but also distinct from, overall MIT culture , and is influenced most strongly by its MBA program. MBA students come from more than 60 countries every year, with just over half coming from North America , and 60% holding US citizenship. Prior to business school, engineering

2002-484: Is in reference to laurels being awarded for academic success or honours. Under the British system , and those influenced by it, undergraduate academic degrees are differentiated between honours degrees (sometimes denoted by the addition of "(Hons)" after the degree abbreviation) and non-honours degrees (known variously as pass degrees , ordinary degrees or general degrees ). An honours degree generally requires

2079-474: Is not precluded during the project work, but the courses are fewer and are at an advanced level. Project work is orally defended before the faculty and before peers. In the sciences and engineering a demonstration of the project is usually required. The exceptions are theoretical work. In South Africa, an honours degree is an additional postgraduate qualification in the same area as the undergraduate major, and requires at least one further year of study as well as

2156-466: Is one year after whose completion students receive the licence d'études fondamentales or the l icence professionnelle . This academic degree system was introduced in September 2003. University admission is extremely competitive, with attendant advantages and disadvantages. Nonetheless, it takes four to five years to complete a bachelor's degree. In cases of poor performance, the time limit

2233-733: Is that the 'honor' is in being an MIT graduate. MIT Sloan closely collaborates with other parts of MIT, in particular the School of Engineering , the School of Science , and the Department of Economics . A special joint degree program with the School of Engineering is the Leaders for Global Operations (LGO) program, where students concurrently complete an MBA and a Master of Science in engineering. Another joint degree program aimed at students with more industry experience (an average of 8 to 10 years)

2310-819: Is the System Design and Management (SDM) program, where students complete a Master of Science in Engineering and Management. Creativity and invention are constant themes at the school. The MBA track in Entrepreneurship & Innovation features action learning labs which pair students with companies to learn how to solve complex problems relating to emerging technologies. These action learning labs include Entrepreneurship Lab , Innovation Teams , and Leading Sustainable Systems Lab . Global Entrepreneurship Lab and Global Health Delivery Lab send MBA students to work onsite with startups in different parts of

2387-521: Is the most popular undergraduate major among students. 46% of the class is female. A staple of MIT Sloan MBA life is the weekly C-Function , which stands for "cultural function" or "consumption function". The school sponsors food and drink for all members of the MIT Sloan graduate community to enjoy entertainment organized by specific campus cultural groups or clubs as well as parties with non-cultural themes. C-Functions are usually held most Thursdays in

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2464-780: Is typically identical to the program of France's universities, as specified in the LMD reform. Bachelor's degree programs cover most of the fields in Algerian universities, except some fields, such as Medicine and Pharmaceutical Science. Bachelor's degrees at the University of Botswana normally take four years. The system draws on both British and American models. Degrees are classified as First Class, Second Class Division One (2:1), Second Class Division Two (2:2) and Third as in English degrees, but without being described as honours. The main degrees are named by British tradition (Arts, Science, Law, etc.); in recent years, however, there have been

2541-618: Is typically identical to the program of France's universities, as specified in the LMD reform. Most universities in Tunisia offer the 3-year bachelor's degree, except some fields, which are Medicine, Pharmacy, Engineering, Architecture and Bachelor of Science in Business Administration, solely offered by Tunis Business School and lasts 4 years. The region typically confers associates, bachelor's, master's, doctoral, and postdoctoral degrees to graduating students. In Brazil,

2618-587: Is usually mandatory for all engineering degrees. A semester for project work/thesis is required, not excluding course work, during the bachelor thesis in the final year. The classifications of degrees: first-class, second-class (upper and lower), third-class (with honours; i.e., BSc (Hons)) and a pass (no honours). First- and second-class graduates are immediately eligible for advanced postgraduate degrees (i.e., MSc and PhD), but other classes may be required for an additional postgraduate diploma before such eligibility. Furthermore, all graduating students are obliged to do

2695-469: The Bologna Process . Under the framework, four general forms of bachelor's degree are defined: general programs that provide a broad education and prepare graduates for graduate-entry professional programs or employment generally; in-depth academic programs in a specific subject that prepare graduates for postgraduate study in the field or employment generally; applied programs that concentrate on

2772-478: The Bologna system , a Brazilian "bachelor's" would correspond to a European "first cycle". A Brazilian "bachelor's" takes three to six years for completion, as well as usually a written monograph or concluding project, in the same way that a European bachelor's can be finished in three to four years, after which time Europeans may embark on a one- to two-year 2nd cycle program usually called a "master's", according to

2849-898: The Design Club ; the Finance Club ; the Management Consulting Club ; the Entertainment, Media and Sports Club ; the Venture Capital and Private Equity Club ; the Product Management Club ; and the Technology Club . The Sloan Business Club is the official undergraduate business club for all MIT students. Throughout the school year, a number of professional and academic conferences are organized by, or in partnership with,

2926-588: The National Youth Service Corps (NYSC) requirement, which usually takes one year, after which they are eligible to pursue higher degrees. The NYSC is a paramilitary service that involves students' being posted to different parts of the country to serve in various capacities. Principal objectives of the NYSC are to forge national cohesion, encourage students to apply their obtained knowledge to solving problems of rural Nigeria, and others. The NYSC

3003-464: The Scottish MA and Canadian MD ). The term bachelor in the 12th century referred to a knight bachelor , who was too young or poor to gather vassals under his own banner . By the end of the 13th century , it was also used by junior members of guilds or universities. By folk etymology or wordplay, the word baccalaureus came to be associated with bacca lauri ("laurel berry"); this

3080-466: The undergraduate education system in China is modeled after its American counterpart, all of the degrees are adapted from those of the United States except for the issuing of the degree certificate. Once a student has fulfilled their course requirements, a "graduate certificate" will be given. In order to get the degree, a student must finish and pass the dissertation stage; only then will they be awarded

3157-671: The #3 most innovative sports company, behind only the NFL and MLB Advanced Media . Like the rest of the institute, MIT Sloan students have an extended period between semesters reserved for special activities. During the month of January, there are no formal classes at the school; instead, they are replaced by what is known as the Independent Activities Period (IAP) . During IAP, students engage in activities that would be challenging to participate in alongside regular classes, often including international travel programs. In

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3234-522: The Bologna Process. Depending on programs and personal choices, Europeans can achieve a master's degree in as little as four years (a three-year bachelor's and a one-year master's) and as long as six years (a four-year bachelor's, a two-year master's) of higher education. In Brazil it would be possible to have a specialization "lato-sensu" degree—which differs from a Brazilian "stricto-sensu" master's degree—in as little as three years (two years for

3311-423: The French. Bachelor's degrees in Algerian universities are called " الليسانس " in Arabic or la licence in French ; the degree normally takes three years to complete and is a part of the LMD ("licence", "master", "doctorat") reform, students can enroll in a bachelor's degree program in different fields of study after having obtained their baccalauréat (the national secondary education test). The degree

3388-1288: The Science, Commerce, and Arts degrees are honours degrees with electives chosen by the student. With the implementation of National Education Policy 2020 , undergraduate degree programs will take 4 years with an option to leave the program in 3 years. Students usually start their bachelor's after completing their Class XII from either a National or State Board. In Indonesia, most of the current bachelor's degrees are domain-specific degrees. Therefore, there are more than 20 bachelor's degrees. For instance, S.Psi. for Sarjana Psikologi (literally translated as "Bachelor of Psychology/BPsy, BA"), S.T. for Sarjana Teknik (literally translated as "Bachelor of Engineering"), S.Si. for Sarjana Sains (literally translated as "Bachelor of Science"), S.Farm. for Sarjana Farmasi (literally translated as "Bachelor of Pharmacy"), S.E. for Sarjana Ekonomi (literally translated as "Bachelor of Economy"), S.Kom. for Sarjana Ilmu Komputer (literally translated as "Bachelor of Computer Science"), S.S. for Sarjana Sastra (literally translated as "Bachelor of Literature") or S.Sos. for Sarjana Ilmu Sosial (literally translated as "Bachelor of Social Sciences"). In

3465-416: The United States award bachelor's degrees with Latin honours , usually (in ascending order) cum laude ("with honour/praise"), magna cum laude ("with great honour/praise"), summa cum laude ("with highest honour/praise"), and the occasionally seen maxima cum laude ("with maximal honour/praise"). Requirements for such notations of honours generally include minimum grade point averages (GPA), with

3542-591: The Walker Memorial building, which is also used as the venue for many other MIT Sloan community events. MIT Sloan alumni groups around the world also organize C-Functions for their club members, for social and networking activities. Students at MIT Sloan run over 70 active clubs. Some of the most popular clubs are the Sloan Women in Management Club ; the Entrepreneurship & Innovation Club ;

3619-436: The basis of performance. Honours degrees include the first-class degree, second-class degrees (upper and lower) and the third-class degree, but not the pass. All university students must do an independent research project which applies the knowledge obtained during the previous years of study. The project work must be submitted in the semester before graduation and usually takes a significant number of points. Further course work

3696-442: The classroom to real-world business settings. Courses are taught using the case method , lectures, team projects, and hands-on Action Learning Labs. The academic level of coursework is considered extremely demanding by business school standards, with a greater emphasis on analytical reasoning and quantitative analysis than most programs. Academic rigor has a strong influence on the school's culture. The first semester, also known as

3773-441: The core, is often considered the most difficult semester by design. Courses are graded using letter grades and on the standard five-point MIT scale. In its graduate programs, anything less than a 4.0 ('B') average will result in the student not being allowed to graduate. Unlike most business schools, MIT Sloan does not offer any academic honors at graduation, consistent with the practice throughout all of MIT. The philosophy behind this

3850-409: The course load and the program and they are awarded by colleges and universities. Medicine is from 6 to 7 years. Each college has its own curriculum and requirements with an emphasis of their choice, governed independently by each state of the republic. After finishing all the subjects the student require a final work, which means the completion of particular honours seminars, research and development or

3927-447: The degree candidate will complete the normal curriculum for all subjects except the selected discipline ("English", in the preceding example). The requirements in either case usually require completion of particular honours seminars, independent research at a level higher than usually required (often with greater personal supervision by faculty than usual), and a written honours thesis in the major subject. Many universities and colleges in

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4004-885: The degree. A student who has obtained an undergraduate degree can opt to continue studying a career after completing their undergraduate degree by continuing onto master's and doctorate degrees. They can also choose to do a specialization in certain fields of study by doing an extra year. In these countries, there are two titles that should not be confused: In Guyana, the universities offer bachelor programs in different streams like Bachelor of Arts (BA), Bachelor of Science in nursing, design and arts, liberal arts, psychology, Doctor of Medicine (MD) and other health science programs. These programs are delivered by University of Guyana, Texila American University , Green Heart Medical University, Lesley university and many more offers these bachelor programs. Bachelor's degrees may take an average of five years (from four to five years) to complete depending on

4081-516: The department has the second highest number of Ph.D. alumni who received the Nobel Prize in Economics in the world (12) only behind Harvard Economics (13) and ahead of UChicago Economics (9). Nine out of 18 Clark medalists since 1999 received Ph.D. degrees from the department. In the 1890s, economists including Francis Amasa Walker and Davis Rich Dewey taught courses in economics to

4158-554: The engineering administration curriculum ("Course 15") in the MIT Department of Economics and Statistics. The scope and depth of this educational focus grew steadily in response to advances in the theory and practice of management. A program offering a master's degree in management was established in 1925. The world's first university-based mid-career education program—the Sloan Fellows program—was created in 1931 under

4235-412: The following decades, the school grew to the point that in 2000, management became the second-largest undergraduate major at MIT. In 2005, an undergraduate minor in management was opened to 100 students each year. In 2014, the school celebrated 100 years of management education at MIT. Since its founding, the school has initiated many international efforts to improve regional economies and positively shape

4312-973: The future of global business. In the 1960s, the school played a leading role in founding the first Indian Institute of Management . Other initiatives include the MIT-China Management Education Project, the International Faculty Fellows Program, and partnerships with IESE Business School in Spain, Sungkyunkwan University in South Korea , Universidade Nova de Lisboa in Portugal , the Skolkovo Moscow School of Management in Russia, and Tsinghua University in China. In 2014,

4389-514: The help of summer school, who are taking many classes each semester or who have existing credit from high school Advanced Placement or International Baccalaureate course exams, to complete them more rapidly. Some US colleges and universities have a separate academic track known as an "honours" or "scholars" program, generally offered to the top percentile of students, based on GPA , that offers more challenging courses or more individually directed seminars or research projects instead or in addition to

4466-498: The highest average required for the summa distinction (or maxima , when that distinction is present). In the case of some schools, such as Bates College , Carleton College , Colby College , Middlebury College , Guilford College , Franklin College Switzerland , and larger universities like the University of Virginia , Princeton University , North Carolina State University , University of Massachusetts Amherst ,

4543-824: The middle of semesters, the MBA program has an additional, shorter gap, called the Sloan Innovation Period (SIP), focusing on intensive experiential leadership activities outside of the classroom. After commencement, MIT Sloan graduates wear the MIT class ring , known as the Brass Rat . Top recruiters of new MBA graduates of the school include Apple , Google , Goldman Sachs , McKinsey & Company , Nike and Amazon . The school has over 20,000 alumni globally in 90 countries, with more than 20% who are presidents or CEOs. More than 650 companies have been founded by alumni of

4620-525: The name and requires additional courses for certification as an Engineer. Bachelor's degrees in the United States are typically designed to be completed in four years of full-time study, which typically represents an average of 15 hours of weekly instruction per four-month semester, two semesters per year, for a total of eight semesters and 120 instructional credit hours, although some programs, such as engineering or architecture, may take five years, and some universities and colleges allow students, usually with

4697-510: The past, the Indonesian academic system adopted the old European/western degrees, such as the Ir ( insinyur from Dutch ingenieur ) for an engineering degree and the common academic degree ( doktorandus from Dutch and ultimately Latin doctorandus ) for a degree in either social or natural sciences. In Iran, students can study different undergraduate or postgraduate courses leading to a BS,

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4774-405: The province of Ontario, the most bachelor's degrees offered by Ontario universities are academic in nature. In contrast, Ontario legislation requires bachelor's degrees offered by Ontario colleges to be applied and vocationally focused. In Colombia, secondary school has two milestones, in 9th and 11th grades. After completing the first 4 years of secondary school (6th, 7th, 8th and 9th grades),

4851-654: The school launched the MIT Regional Entrepreneurship Acceleration Program (REAP), which brings leaders from developing regions to MIT for two years to improve their economies. In 2015, MIT worked in collaboration with the Central Bank of Malaysia to establish Asia School of Business in Kuala Lumpur , Malaysia . The curriculum is focused on action learning, which requires that students apply concepts learned in

4928-421: The school, including Akamai , E*Trade , Gartner , Genentech , HubSpot , Lotus Software , Teradyne , Zipcar , and Okta . Deans Notable current and former faculty Bachelor%27s degree A bachelor's degree (from Medieval Latin baccalaureus ) or baccalaureate (from Modern Latin baccalaureatus ) is an undergraduate degree awarded by colleges and universities upon completion of

5005-922: The school. Annual highlights include the MIT $ 100K Entrepreneurship Competition , the MIT Venture Capital & Innovation Conference, the Sloan Women in Management Breaking the Mold Conference, the MIT Sloan CIO Symposium, and the MIT Sloan CFO Summit. The most visible conference—and the largest student-run conference in the world—is the MIT Sloan Sports Analytics Conference , which Fast Company ranked

5082-496: The score the student achieves on the exam. In Colombia, the system of academic degrees is similar to the US model. After completing their " bachillerato " (high school), students can take one of three options. The first one is called a "profesional" (professional career), which is similar to a bachelor's degree requiring from four to six years of study according to the chosen program. However, strictly-career-related subjects are taken from

5159-598: The sponsorship of Alfred P. Sloan , himself an 1895 MIT graduate, who was the chief executive officer of General Motors and has since been credited with creating the modern corporation. An Alfred P. Sloan Foundation grant established the MIT School of Industrial Management in 1952 with the charge of educating the "ideal manager". In 1964, the school was renamed in Sloan's honor as the Alfred P. Sloan School of Management. In

5236-430: The standard core curriculum . Those students are awarded the same bachelor's degree as students completing the standard curriculum but with the notation in cursu honorum on the transcript and the diploma . Usually, the above Latin honours are separate from the notation for this honours course, but a student in the honours course generally must maintain grades worthy of at least the cum laude notation anyway. Hence,

5313-595: The student, after a program of two years, an undergraduate degree in areas like software development, networks and IT, accountancy, nursing and other areas of health services, mechanics, electricity and technic-like areas. Universities offer graduate degrees in ICFES endorsed programs like medicine, engineering, laws, accountancy, business management and other professional areas. A typical undergraduate program usually takes 10 or 11 semesters and some (i.e. medicine) require an additional period of service or practice to apply for

5390-533: The successful completion of a bachelor's degree is a prerequisite for further courses such as a master's or a doctorate . In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately). However, some qualifications titled bachelor's degree may be at other levels (e.g., MBBS ) and some qualifications with non-bachelor's titles may be classified as bachelor's degrees (e.g.

5467-464: The type of degree. Bachelor's degree should not be falsely related with its Spanish cognate "bachiller", which designate a prerequisite for matriculate in a career or bachelor studies. The official name for a bachelor's degree in Mexico is "licenciado" and such studies are referred as "licenciatura". Bachelor's degrees should not be confused with Engineering Degrees , where an Ingeniería is prefixed to

5544-488: The undergraduate students. It was known as the Department of Economics and Social Sciences (1932). In 1937, the department established a graduate program, while in 1941, it established a Ph.D. program. In the 1950s and the 1960s, the department expanded its graduate program. In these years, the program became more quantitatively oriented and emphasized technical training. Approximately 25 students enrolled each year. In

5621-700: The upgrade exam during college and then study an extra two-year undergraduate course at another university and pass a dissertation. Any Chinese citizen can also get a bachelor's degree via the undergraduate majors of the Self-Taught Higher Education Examinations ( Chinese : 高等教育自学考试 ). Bachelor's degrees in India normally take three years of study to complete, although courses like BE / BTech , MBBS , BVSc or BArch take longer. A BE/BTech usually takes 4 years, while an MBBS or BArch usually takes 5 years to complete. Most of

5698-453: The very beginning unlike US where focused career-related subjects usually are part of the curriculum from the third year. The other option is called a " técnico " (technician); this degree consists of only two and a half years of study and prepares the student for technical or mechanical labors. Finally, the third option is called a " tecnólogo " (equivalent to an associate degree), and consist of 3 years of study. A technical school gives to

5775-509: The world. The Martin Trust Center for MIT Entrepreneurship , one of the few business school entrepreneurship centers in the world focused on high tech , offers many other entrepreneurial activities and mentorship throughout the year. The annual MIT $ 100K Entrepreneurship Competition is one of the largest business plan competitions in the world, helping to launch more than 130 companies with a market capitalization of over $ 15 billion. In

5852-745: Was established by law after the Nigerian Civil War. Polytechnical schools (polytechnics) in Nigeria are not considered universities. They are mandated to educate technicians of high calibre; they offer the OND (ordinary national diploma) and the HND (higher national diploma). The polytechnics focus very strongly on practical technical training. The BSc and HND are compared in engineering circles, but there are significant differences in training philosophies. Honours degrees in Nigeria are differentiated only on

5929-467: Was traditionally taken as the highest undergraduate degree. The program requires at least 4 years of studies, with strong emphasis on the research-based Honours Seminar Thesis which is considered approximately equivalent to a formal master's thesis. Universities show the academic degree as well as the possible honours distinction ( Latin honours ) on the diploma (e.g., " BACCALAUREATUS ARTIUM CUM HONORE ... CUM LAUDE "). In Quebec, students have to take

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