Q: What would you do to make a positive global impact in the latter half your career?
A: Turn to a program that peaks my innovation and makes me a future leader.
Sloan Fellows is such a program, a Master’s designed to push the potential of high achieving, deeply motivated, mid-career professionals, with over 10 years of work experience.
Kofi Annan (former UN Secretary General), Sir Howard Davies (an Economist and the Chairman of the Royal Bank of Scotland), Sir John Southwood Jennings (former Chairman of Shell Transport and Trading and Chancellor of Loughborough University), Carly Florina (former CEO of Hewlett-Packard), Lord John Browne ( Chairman of BP and Member of the British House of Lords) and a multitude of other movers and shakers have been Sloan Fellows before venturing into the world, doing great works with massive business and social influence.
The Sloan Fellows Program originated at MIT, in the 1930s, as the MIT Sponsored Fellowship Program, after the then General Motors Chairman, Alfred P. Sloan, and his foundation, granted MIT the funds to begin a well-regimented management training curriculum for gifted engineers.
It was later renamed the MIT Sloan Fellows Program and expanded to include a Sloan Master’s at Stanford and London Business School by the late 1960s. In 2014, Stanford GSB rebranded its Sloan Fellows Program and changed its name to Stanford MSx Program (Read Stanford MSx Review), while the program at LBS is called the LBS Sloan Masters in Leadership and Strategy. Each is a rigorous year-long immersive and residential degree. There is no internship and no placement assistance, since many are company sponsored students. Any job hunting you do will have to be your own initiative.
Sloan Fellows are an elite group of individuals with outstanding accomplishments in their 10+ years of work experience, and have clear career accomplishment goals for the future. In some sense, the candidates have already established themselves as innovative leaders. The MIT Sloan Fellow and Stanford MSx admits, actually undergo a leadership assessment before they even break into the coursework.
The aim of the Sloan Fellows Program is to not to introduce the foundations of business education, but rather take the education to another level where the focus is on developing the candidate’s innovative, strategic, enterprising, risk taking, and most importantly leadership skills. And the experience, brought in by the participants enrich the peer learning process, opening up doors to a sea of networking possibilities. If you’re considering an MBA after 30, these might be a good fit for your age and experience.
Though the three participating Sloan Fellow schools collaborate in the interest of the program, there are certain emphasized agenda that are independently pursued.
Here are a few observations based on adcom and alumni perspectives.
Even with all the positives, it would be wise to be aware of the risks involved in the pursuit of this elite business Master’s degree.
Here is a quick peek at their individual formats, and curriculum.
|Program Name||MIT Sloan Fellows||LBS Sloan Masters in Leadership and Strategy||Stanford MSx|
|Degree||MBA or MS (with thesis)in Management or Management Technology||MSc in Leadership and Strategy||MS in Management|
|Curriculum||– 3600 Leadership Assessment
– Core courses on Business Fundamentals, Innovation and Global Leadership
– Electives (8-12 courses)
– Leadership, Innovation and Global Perspectives Module
|– Core Courses on Leadership, Strategy and Business Fundamentals
– Electives (5-8 courses) from a choice of 65 courses
– Global Business Assignment
|– 3600 Leadership Assessment
– Core Courses on Business Fundamentals
– Electives (>50% of curriculum)
– Leadership Development activities
– Study Trips
|Tuition||$132,500 (including cost of study trips)||$92,444 (not including trips)||$129,900(including study trips)|
The Fellows program follows an immersive, interactive format with an exclusive group of carefully chosen admits. Class sizes are generally smaller than the usual MBA programs. MIT admits approximately 110 students, LBS about 60, and Stanford takes in around 80 students for its Master’s. The participants are senior executives, experienced leaders and mid-career professionals. The table below classifies the expected eligibility criteria, and other requirements for the three schools under the Sloan Fellows legacy.
||>10 years with leadership achievements
||Average Class Profile: >18 years with high achieving career
Preferably >5 years Management Exp.
(GMAT Waivers available)
(GMAT Waivers available)
– Cover Letter
– Video Statement
– 2 LORs
– Organizational Chart
– App. Fee: $250
– TOEFL/IELTS/PTE and Cambridge
|– Transcripts. No min. GPA
– TOEFL(>100 iBT & 600 PBT)/IELTS(>7)/ PTE (>68)
– 3 LORs
– App. Fee: $275
R3: July (Final deadline for non UK/EU candidates)
So, if you are looking to reinvent your career, using your accomplishments for the bigger and better, we urge you to explore this program and see how it paves the path towards fulfilling your vision.
MBA Crystal Ball has helped several applicants over 30 – 35 years get into the Sloan Fellows program. Here are a couple of stories:
– Stanford MSx admission story: GMAT, essay tips for one-year MBA at Stanford
– Second MBA degree abroad (USA) with scholarship after 30 from Sloan Fellows
We’ve also helped senior applicants (around 40 years of age) get into the Nanyang Fellows MBA in Singapore. That’s another option to consider if you’re looking for a more affordable program in Asia.