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Massachusetts Institute of Technology

Cambridge, MA

private nonprofitgraduate

Quick Facts

Mens et Manus("Mind and Hand")

Wikipedia
1861
Founded
Private research university
Type
4,571
Total Students
4,561
Undergrad
7,255
Graduate
$27.4B
Endowment
(2025)
$60K
Tuition (In-State)
$60K
Tuition (Out-State)
$20K
Avg Net Price
5%
Acceptance Rate
96%
Graduation Rate
6-year
99%
Retention Rate
$143K
Median Earnings
10 yrs after entry
Doctoral Universities
Classification
President: Sally Kornbluth

Data from Wikipedia (CC BY-SA 4.0) & U.S. Dept. of Education

About Massachusetts Institute of Technology

Where 'Mind and Hand' converge to pioneer the future of science, technology, and beyond.

The Massachusetts Institute of Technology (MIT), established in 1861, stands as a global beacon of innovation and discovery, embodying its powerful motto, 'Mens et Manus' — Mind and Hand. This private research powerhouse in Cambridge, Massachusetts, has consistently driven advancements across technology and science, shaping our world through groundbreaking research and a relentless pursuit of 'useful knowledge.' It's where the brightest minds come to solve the toughest challenges.

Founded by William Barton Rogers with a vision to accelerate American industrialization through scientific understanding, MIT adopted a German polytechnic model, emphasizing hands-on laboratory instruction. This foundational approach continues to define its academic rigor. While engineering remains its largest and most celebrated school, MIT also boasts prominent, world-leading programs in basic science, economics, management, architecture, and the humanities, ensuring a holistic, yet intensely focused, educational experience.

MIT's transformation into a world-class research enterprise truly accelerated during World War II, when projects like the Radiation Laboratory solidified its role as a premier R&D contractor. Today, it continues to be at the forefront of fields like computer science, artificial intelligence, biotechnology, and 'big science' initiatives such as the Apollo Guidance Computer and the LIGO project. Students thrive in an urban campus along the Charles River, where hands-on research is not just encouraged but expected, and the vibrant campus life is even known for its elaborate pranks. MIT also champions accessibility, with tuition generally not charged for undergraduates from families earning below $200,000, and most graduate students benefiting from research funding.

Key Highlights

  • Home to 105 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists affiliated as alumni, faculty, or researchers.
  • Founded in 1861 with the motto 'Mens et Manus' (Mind and Hand), emphasizing practical application alongside scientific principles.
  • Commands an impressive endowment of $27.4 billion, fueling cutting-edge research and educational initiatives.
  • Pioneered advancements in computer science, artificial intelligence, biotechnology, and large-scale scientific projects like LIGO.
  • Offers a generous financial aid policy, with tuition generally free for undergraduates from families earning under $200,000.
  • Became the nation's largest non-industrial R&D contractor during World War II, driving significant technological development.
  • Known for its unique student culture, including a strong emphasis on hands-on research and elaborate campus pranks.

Timeline

1861
Massachusetts Institute of Technology officially chartered by William Barton Rogers.
1916
Moved from Boston's Back Bay to its current campus in Cambridge, Massachusetts.
1930
Remained financially constrained and focused primarily on practical engineering education into this decade.
1940
Transformation as a research enterprise began during World War II, becoming the nation's largest non-industrial R&D contractor.
2000
Became closely associated with computer science, artificial intelligence, biotechnology, open-source software, and 'big science' initiatives.
🏛️
165 Years
of Excellence

Schools & Colleges

6 notable schools within Massachusetts Institute of Technology

⚙️

School of Engineering

MIT's largest school, known for pioneering advancements in various engineering disciplines.

🔬

Programs in Basic Science

Prominent programs fostering fundamental scientific research and discovery across various fields.

🏫

Programs in Economics

Leading programs focusing on economic theory, policy, and quantitative analysis.

🏫

Programs in Management

Distinguished programs in business and management education, preparing leaders and innovators.

🏫

Programs in Architecture

Acclaimed programs exploring design, urban planning, and the built environment.

🏫

Programs in Humanities

Robust programs offering critical thinking and broad intellectual development alongside STEM education.

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