by our College Data Analytics TeamThe main focus area for this major is General Business/Commerce. For more details on this concentration, visit its profile page.
General Business/Commerce is a major offered under the business, management and marketing program of study at Massachusetts Institute of Technology. We’ve pulled together some essential information you should know about the master’s degree program in general business, including how many students graduate each year, the ethnic diversity of these students, whether or not the degree is offered online, and more.
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During the 2019-2020 academic year, part-time graduate students at MIT paid an average of $0 per credit hour. No discount was available for in-state students. Information about average full-time graduate student tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $53,450 | $53,450 |
| Fees | $3,269 | $3,269 |
The median early career salary of general business students who receive their master’s degree from MIT is $165,410 per year. That is 125% higher than the national average of $73,542.
Online degrees for the MIT general business master’s degree program are not available at this time. To see if the school offers distance learning options in other areas, visit the MIT Online Learning page.
Women made up around 37.5% of the general business students who took home a master’s degree in 2019-2020. This is less than the nationwide number of 42.0%.
Of those graduates who received a master’s degree in general business at MIT in 2019-2020, 5.0% were racial-ethnic minorities*. This is lower than the nationwide number of 23%.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 2 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| Native American or Alaska Native | 0 |
| Native Hawaiian or Pacific Islander | 0 |
| White | 7 |
| International Students | 24 |
| Other Races/Ethnicities | 7 |
General Business/Commerce students may decide to major in one of the following focus areas.
| Focus Area | Annual Graduates |
|---|---|
| General Business/Commerce | 40 |
You may also be interested in one of these majors related to general business/commerce.
| Related Major | Annual Graduates |
|---|---|
| Management Sciences & Quantitative Methods | 676 |
*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.