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Massachusetts Institute of Technology Data & Information Overview

435 awards Ranking Badges
Great Price Value for Your Money
4% Acceptance Rate
If you want to know more about Massachusetts Institute of Technology, such as what majors does it offer, how diverse it is, how well it ranks, and more, this is your one-stop resource.
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How Well Is Massachusetts Institute of Technology Ranked?

#1 Best Colleges in Nation
#1 Best Colleges in MA
Business, Management & Marketing Highest Ranked Major
Quality Badge

2024 Rankings

In its yearly rankings, College Factual analyzes over 2,000 colleges and universities to determine which ones are the best in a variety of categories, such as overall value, quality, diversity, which schools are the best for each major, and much more.

Massachusetts Institute of Technology was awarded 435 badges in the 2024 rankings. The highest ranked major at the school is business, management & marketing.

Explore Best Ranked Schools for You

Explore the best ranked schools for the programs you are most interested in.

Overall Quality

MIT is ranked #1 out of 2,217 schools in the nation for overall quality on College Factual's 2024 Best Colleges list. MIT has maintained this ranking for at least two years in a row.

Out of the 63 colleges in Massachusetts, MIT is ranked at #1.

See all of the rankings for Massachusetts Institute of Technology.

Is It Hard to Get Into MIT?

4% Acceptance Rate
51% Of Accepted Are Women

Acceptance Rate

Massachusetts Institute of Technology has a very low acceptance rate of 4%, making it one of the most selective out of all the colleges and universities in the nation. It's probably a good idea to apply to other schools in addition to MIT just in case you don't make the cut.

Learn more about Massachusetts Institute of Technology admissions.

Massachusetts Institute of Technology Faculty

3 to 1 Student to Faculty
99% Full Time Teachers

Student to Faculty Ratio

At MIT, the student to faculty ratio is an excellent 3 to 1. That's much better than the national average of 15 to 1. This indicates that many classes will probably be small, and students will have ample opportunites to work closely with their professors and classmates.

Percent of Full-Time Faculty

When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.

The full-time faculty percentage at Massachusetts Institute of Technology is 99%. This is higher than the national average of 47%.

Full-Time Faculty Percent  99 out of 100

Retention and Graduation Rates at Massachusetts Institute of Technology

99% Freshmen Retention
87% On-Time Graduation Rate

Freshmen Retention Rate

Massachusetts Institute of Technology has a freshmen retention rate of 99%. That's a good sign that full-time students like the school and their professors enough to want to stick around for another year. It's also a sign that the admissions team did a good job in choosing applicants who were a good fit for the school.

Freshmen Retention Rate  99 out of 100

Graduation Rate

Students are considered to have graduated on time if they finish their studies within four years. At MIT the on-time graduation rate of first-time, full-time students is 87%. That is great when compared to the national average of 33.3%

On-Time Graduation Rate  87 out of 100

Find out more about the retention and graduation rates at Massachusetts Institute of Technology.

Massachusetts Institute of Technology Undergraduate Student Diversity

4,234 Full-Time Undergraduates
62.7% Racial-Ethnic Minorities*
47.8% Percent Women

During the 2017-2018 academic year, there were 4,361 undergraduates at MIT with 4,234 being full-time and 127 being part-time.

How Much Does Massachusetts Institute of Technology Cost?

$16,407 Net Price
6% Take Out Loans
$28,940 Total Student Loans
The overall average net price of MIT is $16,407. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of MIT, see our tuition and fees and room and board pages.

Student Loan Debt

While almost two-thirds of students nationwide take out loans to pay for college, the percentage may be quite different for the school you plan on attending. At MIT, approximately 6% of students took out student loans averaging $7,235 a year. That adds up to $28,940 over four years for those students.

The student loan default rate at MIT is 0.3%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Get more details about paying for Massachusetts Institute of Technology.

How Much Money Do MIT Graduates Make?

$111,222 Avg Salary of Grads
High Earnings Boost
Yearly salaries vary depending on what you major in, but on average, bachelor's degree recipients from MIT make around $111,222 per year during the early years of their employment. That's great news for MIT students since it is 162% more than the average college graduate's salary of $42,485 per year.


See which majors at Massachusetts Institute of Technology make the most money.

Location of Massachusetts Institute of Technology

Massachusetts State
4,234 Full-Time Undergraduates
Midsize City Campus Setting
Massachusetts Institute of Technology is a private not-for-profit institution located in Cambridge, Massachusetts. The location of MIT is great for students who prefer living in an urban area.

Get more details about the location of Massachusetts Institute of Technology.


Contact details for MIT are given below.

Contact Details
Address: 77 Massachusetts Avenue, Cambridge, MA 02139-4307
Phone: 617-253-1000

Massachusetts Institute of Technology Majors

46 Majors With Completions
1,270 Undergraduate Degrees
2,308 Graduate Degrees
During the most recent year for which we have data, students from 46 majors graduated from Massachusetts Institute of Technology. Of these students, 1,270 received undergraduate degrees and 2,308 graduated with a master's or doctor's degree. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.

Most Popular Majors Bachelor’s Degrees Average Salary of Graduates
Computer Science 393 $118,191
Mechanical Engineering 134 $80,396
Mathematics 117 $82,796
Physics 76 NA
Economics 55 NA
Electrical Engineering 51 $104,229
Biomedical Engineering 49 $46,651
Aerospace & Aeronautical Engineering 44 $72,563
Chemical Engineering 33 $81,524
General Biology 33 $46,373

Learn more about the majors offered at Massachusetts Institute of Technology along with which ones have the highest average starting salaries.

Online Learning at MIT

1% Take At Least One Class Online
0% Take All Classes Online

Online courses area a great option for busy, working students as well as for those who have scheduling conflicts and want to study on their own time. As time goes by, expect to see more and more online learning options become available.

In 2020-2021, 155 students took at least one online class at Massachusetts Institute of Technology. This is a decrease from the 11,254 students who took online classes the previous year.

Year Took at Least One Online Class Took All Classes Online
2020-2021 155 57
2019-2020 11,254 7,386
2018-2019 46 46
2017-2018 40 39
2016-2017 44 44

Learn more about online learning at Massachusetts Institute of Technology.

If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.

Curious on how these schools stack up against MIT? Pit them head to head with College Combat, our free interactive tool that lets you compare college on the features that matter most to you!

Notes and References


*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.


More about our data sources and methodologies.

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