MIT Sloan Essay Topics 2012-2013

Along with the application deadlines for the 2012-2013 admissions season, MIT Sloan has announced its 2012-2013 essay topics, which are as follows:

Cover Letter (up to 500 words)

Please prepare a cover letter seeking a place in the MIT Sloan MBA program. Your letter should describe your accomplishments, address any extenuating circumstances that may apply to your application, and conform to standard business correspondence. Your letter should be addressed to Mr. Rod Garcia, Senior Director of Admissions.

Essays

We are interested in learning more about how you work, think, and act. For each essay, please provide a brief overview of the situation followed by a detailed description of your response. Please limit the experiences you discuss to those which have occurred in the past three years.

In each of the essays, please describe in detail what you thought, felt, said, and did.

Essay 1: Please describe a time when you had to convince a person or a group of your idea. (500 words or fewer, limited to one page)


Essay 2: Please describe a time when you overcame a personal setback. (500 words or fewer, limited to one page)

Supplemental Information (Optional)

The Admissions Committee invites you to share anything else you would like us or your future classmates to know about you. This may be in written or multimedia format. Please do not use Flash Media Player, and include a URL where it can be accessed online. Written essays should be 300 words or fewer.

For more information, visit MIT Sloan’s admissions website

MIT Sloan Deadlines, 2012-2012

The MIT Sloan 2012-13 MBA application deadlines have been announced.



Round 1
Deadline: October 24, 2012
Notification: January 29, 2013
Round 2
Deadline: December 27, 2012
Notification: April 2, 2013

All application materials must be received by 3:00 p.m. Eastern Time on the day of the deadline.  For more information, visit Sloan’s admissions website.

MIT Sloan Use Neuroscience to Understand Consumer Spending

Researchers at MIT Sloan’s Neuroeconomics Laboratory are looking at brain activity to help  understand what ifluences people’s decisions to spend money, using functional magnetic resonance imaging (fMRI).

The Athinoula A. Martinos Imaging Center is scanning people’s brains as they make real decisions involving money, hoping to test traditional assumptions about consumer spending. 

Recent research using brain scanning found that when making personal financial decisions online, subjects were more likely to trust bank representatives whose faces resembled their own. 

 

Prelec and colleagues also have used brain scanning to understand how people feel about payment and personal finances, revealing that brain structures associated with pain were activated when subjects saw a high price appear next to a product they were considering purchasing. This could help explain why consumers favor purchasing arrangements that disguise the payment transactions, such as subscriptions, or why people seem more willing to pay a higher price when paying with credit rather than with cash. It may literally feel less painful.

Source: MIT Sloan