MIT MFin MIT MFin Admission Discussion

BigN · 1/27/14

Got invitation for interview too ,
I am wondering , what type of questions will be ? and will they ask us to write an Essay explaining any weakness in the application ?

aaronhotchner · 1/27/14

BigN said:
Hi , if someone got interview invitation, does that mean that the admission will no longer look at his GMAT/GPA/ , instead they will only consider the interview ?

Not quite. Getting an interview is assurance that you do not have a bad GMAT or GPA, as MIT will just toss those barring no exceptional circumstances in the application. But being better at interviewing doesn't mean you'll get in over the guy with a 780 GMAT and relatively poor social skills.

trotter.mfe · 1/27/14

Did anyone get an interview invite today?

New Trader · 1/27/14

aaronhotchner said:
Not quite. Getting an interview is assurance that you do not have a bad GMAT or GPA, as MIT will just toss those barring no exceptional circumstances in the application. But being better at interviewing doesn't mean you'll get in over the guy with a 780 GMAT and relatively poor social skills.

Are you doing MFin at MIT now?

Wisdom · 1/28/14

I think, this is a test for the applicants, the fee of their program is expensive, thus, they can check your balance by whether you can pay the fee once you get the admission. Haha.

Wisdom · 1/28/14

In, their websites, they say,
The Admissions Team will begin sending MFin interview invitations starting tomorrow, January 21st and will continue to send them periodically through Friday, February 14th. If you are not invited for an interview, you will receive a final decision from us by February 14th. We request that applicants do not email the Admissions Committee inquiring about their interview invitation status. We understand that this is a stressful time for applicants and we very much appreciate your patience.

And now, I don't receive an invite. A little bit hopeless for me, I want to have a nice Spring Festival, but it seems a very stressful Festival.

aaronhotchner · 1/28/14

New Trader said:
Are you doing MFin at MIT now?

Class of 2013.

seanchen · 1/28/14

Had the interview yesterday on campus. It's really nice of them to organize the lunch with current students so that we can ask them a bunch of questions and get more familiar with the program.

The students kept mentioning the difficulty of courses & importance of teamwork.

Dataminer · 1/28/14

seanchen said:
Had the interview yesterday on campus. It's really nice of them to organize the lunch with current students so that we can ask them a bunch of questions and get more familiar with the program.

The students kept mentioning the difficulty of courses & importance of teamwork.

I hope at least the lunch was free. So how many interviewee's were there sharing lunch with students?

Alexandre Chretien · 1/28/14

will continue to send them periodically through Friday, February 14th.

seanchen · 1/28/14

Dataminer said:
I hope at least the lunch was free. So how many interviewee's were there sharing lunch with students?

Sure it's free-that's why ppl went to interview. About 8 to 10, some of them finished their interview in the morning.

moretodo · 1/29/14

seanchen said:
Sure it's free-that's why ppl went to interview. About 8 to 10, some of them finished their interview in the morning.

Sure! People paid 800 USD to travel across the world so that they could have a free lunch! Right ?! What are these lunches made out of btw ? Like some MIT prototype quantum computing dust or powder with an AI-human brain interface programmed with finance ?

harrys · 1/29/14

Did MIT release interview offers only in 21st January?
I'm wondering how many offers did they release.

Miranda_T · 1/29/14

seanchen said:
Sure it's free-that's why ppl went to interview. About 8 to 10, some of them finished their interview in the morning.

That sounds like quite a lot of people. Do you know how many people have received interview invitations and how many spaces are still left? Thanks!

BigN · 1/29/14

seanchen said:
Had the interview yesterday on campus. It's really nice of them to organize the lunch with current students so that we can ask them a bunch of questions and get more familiar with the program.

The students kept mentioning the difficulty of courses & importance of teamwork.

What type of questions you have been asked ?

Abdullah · 1/30/14

Miranda_T said:
That sounds like quite a lot of people. Do you know how many people have received interview invitations and how many spaces are still left? Thanks!

From what I can see, the Paris interviews have 40 slots. Assuming ~ 50% admission offers, I'd say 18 to 20 students who are attending will be from Europe and Middle East, which is about 10% to 15% of the entering class. The rest of the interviews are held in Boston, Shanghai, and Santiago.

aaronhotchner · 1/30/14

The yield isn't very high. I don't know how yields differ by geographic region, but in general, 20 admission offers would not be expected to produce more than 15 matriculating students.

Andy Nguyen · 1/30/14

Admit and yield rates for the last 2 years have been consistent. You can see the data and reviews there
https://www.quantnet.com/resources/mit-master-of-finance-program.9/

Speaking of reviews, I don't think we have any recent reviews from @aaronhotchner and his cohort?

Finance Applicant · 1/30/14

What hotels did you guys stay in when you went for the interviews???

seanchen · 1/30/14

BigN said:
What type of questions you have been asked ?

All usual behavioral questions you can find in the [Resources] section of this forum. Just be yourself-the lady I interview with was very nice. You should relax and think of it as a normal conversation.

MIT MFin MIT MFin Admission Discussion

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